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Few mainstream commentators understand the seriousness of the economic and monetary situation, ranging from a V-shaped rapid return to normality towards a more prolonged recovery phase.
AS THE coronavirus pandemic devastates the economy and tax revenues drop massively across the U.S., cities have begun to prepare for...
OMG! Feckless Clown Dr. Fauci NOW SAYS Staying Closed Too Long Could Cause "Irreparable Damage" -- AFTER USING JUNK MODEL TO DESTROY ECONOMY!
- From Ultra-Deflation To Hyper-Inflation One Hundred Dollars $100 - Most counterfeited money denomination in the world.
Two weeks ago, when looking at the recent flurry of chapter 11 filings and a striking correlation between the unemployment rate and loan delinquencies, we said that a "biblical" wave of bankruptcies is about to flood the US economy.
Currently, the Fed is injecting liquidity into the markets and economy at a record pace. While liquidity does have positive short-term benefits, is the Fed walking into a trap?
California: Tulare County supervisors voted 3-2 to open up for business despite Governor Newsom's lockdown orders;
Planned Parenthood is a business that took in $1.6-billion last year while performing 345,000 abortions across the US. It also received hundreds of millions of dollars in taxpayer-funded subsidies.
The nation's top infectious disease expert, Dr. Anthony Fauci, has been conspicuously absent from national television interviews over the last two weeks, as the White House moves ahead with reopening the economy.
"For Lease" And "Space Available" Signs Are Starting To Go Up All Over America
A Bloomberg poll has revealed that an overwhelming majority of Americans would be willing to spend more money on products if they are manufactured outside of China, with 40% saying they simply will not buy anything made in China at all.
Existing Home Sales in April plunged 17.8% MoM to the lowest SAAR since September 2011 (at 4.33mm, slightly better than the 4.22mm exp)...
Western Civ's most infamous encounter with pandemic disease, so far, was the big first wave of the Black Death that had a marathon run from 1346 to 1353. That bug was the real deal. It killed folks left and right, every age group, every social stat
Demand based on debt, unfulfilled promises and unaffordable habits is burning down...
The printing presses are running at full speed as the Federal Reserve creates money out of thin air at an unprecedented rate. Peter Schiff recently appeared on Kitco News to talk about the impact of all money-printing, borrowing and government spendi
We all need to get back to work or there will be no normal American life to return to.
"Somebody Is Dumping Everything": Mystery Investor Pukes $333M In Real Estate ETF In Dark Pool Trade
This is not a man who's comfortable thrust into a position of leadership. Say what you want about Ben Bernanke, and there's a lot that still needs to be said, he at least carried on with the arrogance through thick and thin (almost entirely the l
"When the people find that they can vote themselves money that will herald the end of the republic."
The Market pared back bets on negative interest rates but questions still persist.
Politicians and government health officials' justification for decreeing shutdowns of vast swaths of American life has been deterring the spread of COVID-19.
The bubble spawned by the Fed in the corporate bond market this year - which was already at unprecedented levels thanks to record low interest rates before Powell's March announcement...
The small city of Fairfield, Alabama, filed for Chapter 9 bankruptcy protection on Tuesday, a rare step by a municipality that comes as local budgets across the nation are upended by the coronavirus pandemic.
Through most of the coronavirus crisis, those who have made the case for stay-at-home, reduce or stop work, and narrow the range of retail shopping to assure "social distancing" to...
On April 21st the Washington Post savaged Georgia governor Brian Kemp's decision to begin opening his state after locking down for weeks. "Georgia leads the race to become America's No. 1 Death Destination," sneered the headline.
Dr. Ron Paul, the former U.S. Presidential candidate and 22-year Congressional veteran, is back in the spotlight.
One of the great tragedies in America today is that of the CARES Act, which included a $1,200 stimulus check and an additional $600 weekly payment for the unemployed...
Gov Newsom Calls For $1 Trillion In Federal Aid For California As LA Drags Feet On Reopening: Live Updates
Gov Newsom Calls For $1 Trillion In Federal Aid For California As LA Drags Feet On Reopening: Live Updates
Regular readers of RI will be familiar with James Howard Kunstler's twice weekly column on political events.
