MORGAN STANLEY: The next credit crunch could trigger a financial crisis more painful than the last — and companies are only making it worse

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The next US recession could wreck markets and lead to billions in losses. And the pain is likely to be longer-lasting than it was during 2008's financial crisis.

 

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Amazon, derided as a 'job killer,' actually boosts local employment and business, Morgan Stanley saysIn cities with multiple Amazon fulfillment centers, job creation was 'well above the national average.' The e-commerce giant has been 'both a net job creator and a catalyst for stronger job growth,' Morgan Stanley found. low wage no bennies jobs where they track every hand movement and want to add eye movement checks. Like WalMart, they give no fucks if their workers need food stamps to eat. Not to mention Monopoly oriented and should be destroyed with malice aforethought. Bank that was the largest recipient of bailout money in 2008 says everything is A-OK with what Amazon is doing. Got it. Seems legit. My Spouse works for Amazon, We have excellent benefits.. Gave him stocks.. Good wages, getting paid better then most in our community. Yes they work long hrs during the holidays, But that's what this time of yr. Intel's.
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