coronavirus shutdown Archives - Rethinking the Dollar

Banks Brace For A Historic Crash With Record Loss Provisions

Jul 14, 2020 | Economic Collapse

For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arbitrage on loans they had made, or even by front running the Fed with their prop (and flow) trading...

Food-Banks Running Out Of Food As Economic Suffering Explodes

Apr 6, 2020 | Economic Collapse

What are hungry Americans going to do when the food banks don’t have any more food for them? Over the past couple of weeks, we have witnessed the largest spike in unemployment in all of U.S. history. Since most of those workers did not have any sort of a cushion to...