As I have been present since spring 2020, all this will end in wars. Conflicts probably preceded by the rise of dictatorships ... this was rarely the case in the post serious economic crisis periods ...
Besides, we are currently being prepared very well for the dictatorship ...
To be continued !!
Corporate bankruptcies and layoffs: the third wave will be economic
Despite the epidemic, the wave of business failures did not happen. On the contrary, bankruptcies fell by 37% compared to last year. A paradox explained by the infusion of the French economy. A "time bomb" that will explode when state aid ends. For many experts, 2021 will be the year of the third economic wave, with a surge in layoffs.
One might believe in good news. With 7 openings of collective proceedings (safeguard, reorganization, judicial liquidation, etc.), business failures fell by 465% in France between September 37 and November 1, according to data provided by the National Council of Court Clerks (CNGTC). "Despite a crisis of unprecedented magnitude, the wave of failures has not yet taken place," notes Sophie Jonval, president of the CNGTC. But these good figures do not mean that French companies are in good health. On the contrary.
"Companies that should have filed for bankruptcy are now on a drip thanks to state aid and are kept artificially alive," says Étienne Charbonnel, lawyer specializing in bankruptcy proceedings at Vivaldi Avocat in Lille. "In our office, it is particularly calm. We do not even see an increase in preventive procedures," notes the specialist.
"An economic time bomb"
And this putting the economy on a drip is not about to stop. On January 14, upon the announcement of the curfew at 18 p.m. generalized throughout France, Bruno Le Maire decided to extend the state guaranteed loan, increase aid from catering suppliers, and continue unemployment. partial… The objective of the Minister of the Economy is to keep businesses afloat so that the recovery takes place in the best conditions when it takes place. But in times of economic crisis, the low defaults paradox could prove dangerous.
"It's an economic time bomb, the question is: when is it going to explode? Are we not moving backwards to jump better?" Asks Étienne Charbonnel. According to OFCE economist Bruno Ducoudré, business bankruptcies "will happen in 2021 and they could cause 200 job losses," he says.
Layoffs in sight
"The large groups in the sector are anticipating layoffs plans and are talking about the elimination of more than 20% of their payroll in Paris by March," said a hotel professional at Les Échos. Aeronautics, catering, automotive… the sectors most affected are following the same path. Senator LR Serge Babary estimates that 40% of bars and restaurants could definitely go out of business. Waiters, cooks, divers… so many employees who will join the ranks of the unemployed. Added to this is the end of non-renewed fixed-term contracts and the loss of self-employed activity.
Faced with this situation, for the moment contained, Pôle emploi is preparing for a surge. The institute, at the request of the government, has just recruited hundreds of advisers. Contacted by HuffPost, the CFDT Union representative at the Pôle emploi CSE evokes a loss of 600 to 000 jobs to come. In the third quarter of 700, despite the aid, the INSEE evoked an unemployment rate up 000 points with 2020 million people unemployed in France, or 1,9 new unemployed.
https://www.novethic.fr/actualite/econo ... 49410.html