Episode 13: Pain Now or Pain Later

Episode 13 of the Paradise Lost Financial podcast Pain Now or Pain Later   

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Articles & References from this episode:    

Mention of Inflation up 800% on Corporate Earnings Calls: https://finance.yahoo.com/news/warren-buffett-is-right-inflation-is-running-rampant-105340040.html   

Bailing out Airlines (again) with Taxpayer Money:   

Article Title:  After Mismanaging Their Companies With Stock Buybacks  And Lucrative CEO Pay Packages, Airlines Demand Another $25 Billion From  Taxpayers   

Link:  https://www.forbes.com/sites/jackkelly/2020/10/12/after-mismanaging-their-companies-with-stock-buybacks-and-lucrative-ceo-pay-packages-airlines-demand-another-25-billion-from-taxpayers/?sh=7902f89a2358   

$36 Billion Wasted on Unemployment since CARES Act (as of January.. higher now): https://www.cnbc.com/2021/01/05/scammers-have-taken-36-billion-in-fraudulent-unemployment-payments-.html    

70% of Unemployment Claims were Fraudulent in April: https://www.sevendaysvt.com/OffMessage/archives/2021/04/26/unemployment-insurance-fraud-is-the-latest-epidemic

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