The Economic Depression Of 2020 Is Becoming An Endless Nightmare For Millions Of Americans
Instead of witnessing a “recovery” we are witnessing an “unraveling”.
Tag: Economy
1.2 Million More Americans Seek Jobless Benefits
Coronavirus lockdowns destroying US economy
Economist Warns of Fed’s Commitment to Let Inflation Run
Says Fed doesn’t look at ‘real rate of inflation’
Food Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy
Yes, food prices are already very high, but now is the time to stock up because they are only going to go higher.
Americans Owe Over $21 Billion in Back Rent
Ripple effect set to devastate country
Trump Mulls Bypassing Congress to Suspend Payroll Tax
President seeking creative ways to aid American workers amid coronavirus crisis
US dollar could be a ‘CRASH RISK’ amid rising economic & political uncertainty
Analysts predict further weakness in the greenback.
How Central Banks Made the Covid Panic Worse
Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money
Why Keynes Was Wrong about Consumer Spending
In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society’s wealth
Trump Fires CEO of Tennessee Valley Authority for Outsourcing Jobs to Foreign Workers After Meeting With U.S. Tech Workers
“Let this serve as a warning to any federally appointed board: If you betray American workers, then you will hear two simple words: ‘You’re fired'”.
Bring on the ‘eviction tidal wave’: 40 percent of US renters face homelessness
Landlords & tenants are encouraged to go to war
The Fed Is Planning To Send Money Directly To Americans In The Next Crisis
In short, ever since the Fed launched QE and NIRP, it has been making the situation it has been trying to “fix” even worse, all the while blowing a massive asset price bubble.
Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s
America simply was not prepared for an economic downturn of this nature, and the truth is that much bigger challenges are still ahead.
Shock Survey Finds That Funding Is Being Reduced For “Nearly Half” Of All Major City Police Departments In America
People are angry and frustrated, and our society seems to be coming apart at the seams all around us.
Dollar crash will topple the entire US ‘house of cards’ economy by year end – Peter Schiff
“The entire house of cards economy that has been erected over the years, and the Federal Reserve has been the architect of this house of cards economy, is rested on the foundation of the dollar’s reserve currency status.”