We Destroyed the World’s Greatest Economy for No Reason
Everyone knew the second quarter of 2020 was going to be a disaster, and it was. The U.S. economy fell by 31.4% (annualized) in the second quarter. But, the expectation was that we’d have a V-shaped recovery with a sharp bounce-back in the third quarter, a reopening...
15 Signs That America’s Economic Depression Is Accelerating As We Head Toward The Holiday Season
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically. U.S. GDP was down 31.4 percent during the second quarter of 2020, and that...
The Explosion Of Bankruptcies & Layoffs In The US Is Unlike Anything We’ve Ever Seen Before
The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter. All over the country, big companies are laying off thousands of workers, and in some cases the numbers are even larger than that. ...
America In 2020: Sacrifice For Thee But None For Me
The banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won’t be much choice in the seating. Words can be debased just like currencies. Take the word sacrifice. The value of the original has...
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