Nearly Half of Small Business Owners Expect to Close Down Permanently
Mainstream narrative not based on reality
Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
This virus could become a “permanent crisis”, and without a doubt the elite are already trying to use it to fundamentally reshape our society
$150 Billion In PPP Funds Untapped As Small Business Demand “Just Dried Up”
"Businesses were supposed to use it to retain workers"
Over-Leveraged Zombie Companies Threaten Economic Recovery
Specter of defaults, bankruptcies lingers amid skyrocketing corporate debt
We Are Being Told To Prepare “To See High Prices At Grocery Stores” And “It’s Likely That Shortages May Only Get Worse”
If fear of COVID-19 can cause this much chaos for our food distribution systems, what will happen once a much more severe crisis hits us?
Fed, Government Rerunning Same 2008 Financial Crisis Policies, They Won’t Get Away With it This Time
Money printing, government spending, happening on a much grander scale
The Fed Is Doing “Whatever It Takes” to Prop Up the Economy. That’s a Very Bad Thing.
There's now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.
Why Didn’t the 1958 and 1918 Pandemics Destroy the Economy? Hint: It’s the Lockdowns
Leaving aside the fact there's no evidence lockdowns actually work, we can nonetheless look to past pandemics
Central Banks Are Destroying What Was Left of Free Markets
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
To Prevent Problematic Inflation, We Need More Production. Which Means There’s Trouble Ahead.
Price inflation is so difficult to predict because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.
“Central Banks Have Created A Fake Market”: BofA
BofA chief asks why anyone would expect stocks to trade rationally
The Worst Unemployment Spike In U.S. History – 1 Out Of Every 4 Workers Has Filed For Unemployment Benefits In 2020
What we have experienced so far is just the beginning…
Why An Economy Can’t Work Without Market Prices
Prices determined in the marketplace are absolutely essential to a functioning economic system. This is no less true if today's property was redistributed unjustly in the past. Market prices today are the path to recovery
Past Pandemics Show The Lockdowns—Not the Virus—Caused Our Economic Chaos
Past experience shows that although pandemics do weaken economic growth, the current economic disaster is the result of forced "lockdowns," not the virus itself
How Government Intervention Triggers Depressions
Thanks to past interventions, the economy is now rife with malinvestments and prices that don't reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us
The Collapse Will Be Visible: “For Lease” And “Space Available” Signs Are Starting To Go Up All Over America
It is going to be a very dark chapter for our nation
Fed’s Attempt to Lend $600 Billion Directly to Companies Is A Total Disaster
Middle market "Main Street" program proves to be one of the trickiest projects the Fed has ever taken on
Let’s Hope Deflation Is Headed Our Way
Central banks have decided that one of their main missions is to prevent deflation. But this only ends up causing the malinvestments that lead to economic busts
How Modern Economics Has Lost Its Way: It’s All About the “Unseen”
The difference between modern economics and proper economic thinking lies in taking the step that comes after arriving at the "unseen," to the "unrealized"
Huge Percentage of Americans Won’t Buy Products From China
"It’s not quite a new Cold War yet"
Tesla Registrations Plunge 64% In China
Elon Musk trying to spur orders at a time when new competition is emerging
68% Of Unemployed Workers In The U.S. “Are Eligible For Payments That Are Greater Than Their Lost Earnings”
For decades, our national leaders have been leading us down a road that leads to national oblivion
Fed Chair Powell Ready to Print Trillions to Promote “Stability” of the Financial System
"We’re not out of ammunition by a long shot"
Economist Slams “Lack of Concern” Over Rising Debt, Money Printing
"It's not a crisis until it becomes one"
Money Supply Growth in April Ballooned to a New High
The growth in the money supply in recent months is in part tied to the fact that the Federal Reserve grew more accommodative in late 2019
Amazon’s Jeff Bezos on Track to Become World’s First Trillionaire
The research predicts Bezos will become a trillionaire in 2026
US Oil Rig Count Crashes To 11-Year Lows: “There’s A Double Risk On The Horizon”
This means that the U.S. has to be extra cautious about making any serious changes to current oil production patterns because the ship can be slow and difficult to right
25% Of US Restaurants Will Never Reopen: Opentable
Total restaurant reservations, walk-in customers have fallen 95%
Dems Pushing to Give Colleges Another $10 Billion
New coronavirus bill also forgives student loan debt
America’s Disastrous COVID-19 Unemployment Crisis Deepens
Over 36 million have filed for unemployment since lockdown began
Hertz Cancels 90% of New Car Purchases, Further Pressuring Already Desperate Automakers
Coronavirus lockdown drastically impacting markets
Georgetown Gives Raises After Getting Millions in Coronavirus Aid
Graduate student workers to see stipends increased on taxpayer dime
States Are Now Wrestling With The Biggest Budget Crisis They Have Faced In All Of U.S. History
At some point this coronavirus pandemic will fade, but there will be no running away from the consequences of decades of exceedingly foolish decisions
How Bad Is It?
Crashes are fast, like that first hill on a coaster. Recoveries are not, for the simple reason that production is more difficult than destruction