@EnergyCynic@AndrewYang Hi. Thanks for all your thoughts. On this I recommend you look into Bullshit Jobs the concept and book by David Graeber. One key point he makes is the possibility of eliminating alot of government admin via the UBI. Most political proponents of UBI skip this.
European #leveragedloan default rate ends 2020 at 2.57%, near its 3.5-year high. Market pros expect rate to hit ~4% by end 2021. Defaults/restructurings across Europe leveraged finance space (loans + #highyield bonds) reached €37B, most since Great Financial Crisis
Sadly, the number of suicide and attempted suicide incidents we attend are increasing.
Our crews now attend an average of 37 suicides or attempted suicides per day, compared to 22 in 2019 and 17 five years ago.
#Ambulance
@LKPleasehold@RobertJenrick@MikeAmesburyMP Again in Barnet and still pending 20/3784/PNV using permitted development right to push through previously denied application
#COVID19 did not feature in the top 10 causes of death in September for England and Wales.
• In England it was the 19th most common cause of death
• In Wales it was the 24th most common cause of death
➡️https://t.co/Aw2tdtQul2
The provisional number of deaths registered in England and Wales in the week ending 28 August 2020 (week 35) was 9,032.
This was
▪️ 599 less than week 34
▪️ 791 more than the five-year average for week 35
➡️https://t.co/CABQU4Ll7l
Corporate defaults in Europe at record pace, topping numbers seen in 2009. Also, some 18% of spec-grade issuers in region are "Weakest Links" (B- or lower/neg watch); odds of default for these cos. are 8x higher, S&P says $ https://t.co/bwOqYMkjFO #highyield
Confirming grim fears about the $1.2 trillion U.S. leveraged loan asset class, the #coronavirus pandemic cut a broad swath through corporate earnings in Q2, resulting in the deepest plunge in profits for public filers within the S&P/LSTA Loan Index. https://t.co/b6gLrduYcZ