10 Signs That Corporate Media Is Not Telling You the Truth About the Economy

[Lastamender]

We see a lot of threads saying the economy is good. That is what the media tells us too. We also know the media lies.

10 Signs That Corporate Media Is Not Telling You the Truth About the Economy

If you believe the corporate media, the U.S. economy is doing absolutely great as we start to roll…

redwave.press

 

[Lastamender]

#1 When the economy is doing well, there is a tremendous demand for trucking. But when the economy is tanking, trucking companies often get into serious trouble. So it is a very bad sign that “one of the country’s oldest and largest trucking businesses” is literally on the brink of collapse…

Yellow, one of the country’s oldest and largest trucking businesses, is preparing to file for bankruptcy and may collapse within days, leaving some 30,000 workers without jobs.
The nearly 100-year-old company is known for its competitive pricing and has more than 12,000 trucks shipping freight across the US for brands including Walmart and Home Depot.
According to the Wall Street Journal, the company is preparing to file for bankruptcy and is in the process of selling off other parts of the business.

#2 You can add Anheuser-Busch to the rapidly growing list of large companies that are conducting mass layoffs…

Anheuser-Busch, the parent company of Bud Light, announced it will lay off 350 employees, many of them in corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer.

#3 The number of large corporate debt defaults so far this year has already exceeded the grand total for the entire year of 2022…

same link as OP

 

[Lastamender]

#6 Electric vehicles were supposed to be the wave of the future, but Ford is going to lose 4.5 billion dollars on electric vehicles this year alone…

Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion.
The company released its second-quarter financial results on Thursday. The U.S.-based automaker’s EV division, called “Ford Model e,” has lost $1.8 billion so far this year, according to Fortune.

 

[Dont Taz Me Bro]

We see a lot of threads saying the economy is good. That is what the media tells us too. We also know the media lies.

10 Signs That Corporate Media Is Not Telling You the Truth About the Economy

If you believe the corporate media, the U.S. economy is doing absolutely great as we start to roll…

redwave.press

Place threads about the media in the forum for Media. Thank you

 

[Lastamender]

Place threads about the media in the forum for Media. Thank you

It is about the policies causing the media to lie. It opposes the narrative so you moved it. That is your prerogative, but why it is is no secret.

 

[Dont Taz Me Bro]

It is about the policies causing the media to lie. It opposes the narrative so you moved it. That is your prerogative, but why it is is no secret.

Place threads about the media in the forum for Media. Thank you

 

[Lastamender]

Place threads about the media in the forum for Media. Thank you

I can read. What I said will not change.

 

[Slade3200]

#1 When the economy is doing well, there is a tremendous demand for trucking. But when the economy is tanking, trucking companies often get into serious trouble. So it is a very bad sign that “one of the country’s oldest and largest trucking businesses” is literally on the brink of collapse…

You highlight one company... how about we look at the industry as a whole. Looking pretty good. What say you?

Trucking Industry Trends, Statistics & Outlook for 2024

2023 was a unique year in the history of the trucking industry. The short-term crisis created an unparalleled opportunity for growth going forward into 2024.

www.cloudtrucks.com

Growth​

The trucking sector is expected to see consistent and steady growth, with an estimated growth rate of 6% from 2020 to 2030. This growth rate is about average compared to the rest of the country, but does take into consideration the recovery after the COVID-19 pandemic, so this rate is likely better than trucking would have seen otherwise.

Conclusion​

2020 was a unique year in the history of the trucking industry. While creating a short-term crisis for the industry, the widespread economic and supply disruption has also created an unparalleled opportunity for growth going forward. The single greatest limiting factor the industry will face into 2023 is a driver shortage that has been exponentially worsened by a higher than average demand for shipping. Across the board, employers are increasing wages and offering greater incentives to their drivers and potential recruits in an effort to combat a worsening driver shortage.

 

[Lastamender]

You highlight one company... how about we look at the industry as a whole. Looking pretty good. What say you?

Trucking Industry Trends, Statistics & Outlook for 2024

2023 was a unique year in the history of the trucking industry. The short-term crisis created an unparalleled opportunity for growth going forward into 2024.

www.cloudtrucks.com

Growth​

The trucking sector is expected to see consistent and steady growth, with an estimated growth rate of 6% from 2020 to 2030. This growth rate is about average compared to the rest of the country, but does take into consideration the recovery after the COVID-19 pandemic, so this rate is likely better than trucking would have seen otherwise.

Conclusion​

2020 was a unique year in the history of the trucking industry. While creating a short-term crisis for the industry, the widespread economic and supply disruption has also created an unparalleled opportunity for growth going forward. The single greatest limiting factor the industry will face into 2023 is a driver shortage that has been exponentially worsened by a higher than average demand for shipping. Across the board, employers are increasing wages and offering greater incentives to their drivers and potential recruits in an effort to combat a worsening driver shortage.

Good for you. There are 10 things listed.

 

[Thunk]

The trucking sector is expected to see consistent and steady growth,

Yellow has ceased operations. 30,000 employees, 12,000 trucks

Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs.

The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal - which first reported its shutdown.

The company, which received $700 million in federal COVID relief funds in 2020, is preparing to file for bankruptcy and is in talks to sell off all or parts of the business.

The nearly 100-year-old firm is known for its competitive pricing and has more than 12,000 trucks shipping freight across the US for brands including Walmart and Home Depot.

 

[Slade3200]

#3 The number of large corporate debt defaults so far this year has already exceeded the grand total for the entire year of 2022…

You compare to last year but what about looking at historical Trends

https://www.axios.com/2022/08/02/get-ready-for-corporate-default-rates-to-climb

 

[Slade3200]

Good for you. There are 10 things listed.

I'm working my way down... your shit is so easy to debunk... Care to comment on my first item instead of saying "good for you" and dismissing?

 

[Lastamender]

I'm working my way down... your shit is so easy to debunk... Care to comment on my first item instead of saying "good for you" and dismissing?

The usual. You defend liars.

 

[Moonglow]

The truckers blew off their doors two years ago, now there is less incentive to blow their doors off.

 

[Slade3200]

#6 Electric vehicles were supposed to be the wave of the future, but Ford is going to lose 4.5 billion dollars on electric vehicles this year alone…

Most companies experience loss when developing new products. Look at Teslas P&L trend:

 

[Thunk]

your shit is so easy to debunk...

How do you reconcile yellow collapsing with the fake news you just posted?

 

[Slade3200]

The usual. You defend liars.

Im not defending anybody. I'm taking the opposite side of the argument, If you think I'm posting lies then make a counter argument showing what the lie was. Cause right now it looks like you're just repeating something you read online and are ill-equipped to defend it.

 

[Slade3200]

How do you reconcile yellow collapsing with the fake news you just posted?

Don't know... explain what is fake news and why then we can discuss.

 

[Slade3200]

Place threads about the media in the forum for Media. Thank you

Its a Lastamender thread... We all know its gonna be in Conspiracy Theories eventually. Why wait?

 

[Lastamender]

Its a Lastamender thread... We all know its gonna be in Conspiracy Theories eventually. Why wait?

You are certainly talking to the guy that moves them. Have fun. putz.