Can you really get paid for doing nothing?
UBI or a universal basic income has been talked about by
governments and think tanks for years. Now Germany has started an experiment to
see if UBI can replace some of the income from the millions of jobs – both blue
and white collar - expected to be lost to robots, machines and AI.
governments and think tanks for years. Now Germany has started an experiment to
see if UBI can replace some of the income from the millions of jobs – both blue
and white collar - expected to be lost to robots, machines and AI.
Switzerland and Finland have previously run UBI pilot
schemes.
schemes.
Driverless vehicles alone will wipe out tens of millions of
jobs and AI is replacing white collar jobs in banking and investment, law and
accountancy.
jobs and AI is replacing white collar jobs in banking and investment, law and
accountancy.
Over 28 million people, or almost one fifth of the
American workforce, were collecting some form of unemployment payment in the
week ended 1 August, the BBC reports.
American workforce, were collecting some form of unemployment payment in the
week ended 1 August, the BBC reports.
1.
Apple is first US company to hit $2
trillion
Apple is first US company to hit $2
trillion
2.
M&S to shed 7000 office and retail
jobs
M&S to shed 7000 office and retail
jobs
3.
John Lewis and Debenhams close stores
John Lewis and Debenhams close stores
4.
Third of UK employers plan further job
cuts
Third of UK employers plan further job
cuts
5.
UK economy shrinks by 20% April to June
2020
UK economy shrinks by 20% April to June
2020
6.
UK is officially in recession after
successive GDP falls
UK is officially in recession after
successive GDP falls
7.
One in three UK employers plan more
redundancies
One in three UK employers plan more
redundancies
8.
Redundancies soar fivefold despite
furlough scheme
Redundancies soar fivefold despite
furlough scheme
9.
Unemployment to double 7.5% and economy
slump 9.5%
Unemployment to double 7.5% and economy
slump 9.5%
10. Half
as many jobs are being advertised compared to 2019
as many jobs are being advertised compared to 2019
12. Base
rate held at 0.1%, interest rates to stay low for 5 years
rate held at 0.1%, interest rates to stay low for 5 years
13. Lenders
not passing on rate cuts and mortgage rates going up!
not passing on rate cuts and mortgage rates going up!
14. The
end of furlough sees millions more unemployed this autumn
end of furlough sees millions more unemployed this autumn
15. UK
house prices reached a new all-time high in July as buyers return
house prices reached a new all-time high in July as buyers return
16. UK
property prices jumped by 3% since June following stamp duty cut
property prices jumped by 3% since June following stamp duty cut
19. You
can create a second income during the lockdown…and come out stronger
can create a second income during the lockdown…and come out stronger
Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
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