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Message
re: Federal Reserve Unveils Major Expansion of Market Supports
Posted on 3/23/20 at 8:07 am to CrawKing
Posted on 3/23/20 at 8:07 am to CrawKing
quote:
Mnuchin just said employers with 500 or less employees will be able to take out loans for 2 weeks of payroll. If they follow guidelines (don't fire anyone) the debt will be completely forgiven.
Pretty huge. Keeping people ready to get back to work is the biggest thing that can right the ship
1
Posted on 3/23/20 at 8:12 am to elprez00
quote:
Pretty huge. Keeping people ready to get back to work is the biggest thing that can right the ship
Yep and as long as we are headed back to work in 2 weeks we should be able to survive this. Where we are SOL is if this quarantine lingers past that point.
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