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Reaching the End of Early Stimulus – What’s Ahead?
Reaching the End of Early Stimulus – What’s Ahead? Many people thought that COVID-19 would be gone with a short shutdown. They also thought that the world’s economic problems could be cured with a six month “dose” of stimulus. It is increasingly clear that neither of these assumptions is correct. Despite the claims of epidemiologists, our […]
The ‘new normal’ has been postponed (and probably canceled)
The ‘new normal’ has been postponed (and probably canceled) There remains a hope that once we get past the economic and social effects of the pandemic, all of us will be able to return to something resembling normal life before the pandemic—even if it is a “new normal” marked by heightened vigilance and protection against […]
The Numbers Tell Us That The ‘Economic Recovery’ Is Dead And Businesses Are Failing At A Staggering Pace
The Numbers Tell Us That The ‘Economic Recovery’ Is Dead And Businesses Are Failing At A Staggering Pace Even though economic conditions were absolutely awful, during the month of June the mainstream media kept insisting that the U.S. economy was “recovering” and the stock market kept surging on every hint of good news. But now […]
Peter Schiff: What Is the Economy Going to Recover to?
Peter Schiff: What Is the Economy Going to Recover to? A lot of people still seem to think at some point, Donald Trump will flip a switch and the government will start humming again. As Peter Schiff explained in his podcast Friday that’s not going to happen. The best we can hope for is recovering […]
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction“. Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, […]
Why Slower Money Is the Key to a Real Economic Recovery
Why Slower Money Is the Key to a Real Economic Recovery An exciting crop of organizations are financing businesses in a way that creates real wealth. Here are a few ways to scale them up so that they can truly challenge Wall Street. There’s a financial fault line that runs through the heart of our […]
Census Data Proves It – There Was No Economic Recovery Unless You Were Already Rich
Census Data Proves It – There Was No Economic Recovery Unless You Were Already Rich This is the perfect post for Fed day, where once again America’s Banana Republic central planning statists were too petrified to raise interest rates. The Fed has now missed the entire economic cycle without raising rates once. All you can […]
Welcome to the world of ZIRP zombies
Welcome to the world of ZIRP zombies Interest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven years ago. Initially zero interest rate policy (ZIRP) was a temporary measure to counter the price deflation that immediately followed the crisis, but since […]
The US Economy Continues Its Collapse
The US Economy Continues Its Collapse Do you remember when real reporters existed? Those were the days before the Clinton regime concentrated the media into a few hands and turned the media into a Ministry of Propaganda, a tool of Big Brother. The false reality in which Americans live extends into economic life. Last Friday’s […]
