The Economic Numbers That Are Coming Are “Going To Be The Worst In The Post-World War II Era”
America’s next economic depression has begun, and it is going to be really, really painful.
Tag: Economy
US economy dives to start year amid business shutdown & worst is yet to come
Data showed that exports fell 8.7 percent while imports sank 15.3 percent
Hertz Bankruptcy Imminent After Massive Layoffs, Missed Lease Payment
Hertz has $17 billion worth of debt, which includes $3.7 billion of corporate bonds and loans and $13.4 billion of vehicle-backed notes
New York vs Texas: NY Has Nearly 50 Times More COVID-19 Deaths Per Capita
The real question we should be asking ourselves is why is New York is such a mess in terms of COVID-19?
Video: Trump Vows To Secure HUNDREDS OF BILLIONS In Coronavirus ‘Reparations’ From China
“There are a lot of ways you can hold them accountable.”
“We’re About To Lose Everything” – Pandemic Crushing Overleveraged AirBnB Hosts
Vacation rental collapse could cripple real estate markets
Boeing Jobs at Risk
Aircraft manufacturing giant preparing mass layoffs amid coronavirus crisis
In California, New York And Other Big States, The Multi-Stage “Reopenings” Will Take Many Months To Fully Play Out
Lockdowns are causing our economy to come apart at the seams and the stage is being set for great civil unrest.
US unemployment may be as high as 40 MILLION – national poll
It turns out the frustration over the application process could have resulted in massive undercounting in the official number of unemployment applications
COVID-19 Is Teaching Us Decentralization Is Needed More Now Than Ever
We need to move beyond the stale platitudes of trying to fix politics in DC. The chattering class’s lamentation about the divisiveness of politics is frankly silly. In some ways, polarization is our friend
We Don’t Know If the COVID-19 Shock Will Be Inflationary or Deflationary
Government restrictions on production are driving prices up as unemployment drives them down. It’s impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis’s next phase
More States Easing Coronavirus Restrictions
Economies slowly coming back to life in some regions
No need to extend Covid-19 home quarantine: Austria to let people out from May 1 and allow gatherings soon
Austrians can already plan some holiday trips.
US ‘Heading’ for Great Depression 2.0 Amid Coronavirus-Induced Economic and Job Collapse
Brought to an end a period of over 100 months of uninterrupted job growth
Officials Back Down from Enforcing Coronavirus Orders Against Defiant Texas Restaurant Owner
In contrast, law enforcement officials in Dallas ticketed the owner of a hair salon.