Just because society experiences turmoil doesn't mean your personal life has to. And a depression doesn't have to be depressing. Most of the real wealth in the world will still exist--it will just change ownership.
In the most dramatic admission yet that the Fed is aware that it is directly responsible for the record wealth gap tearing apart US society even as it virtue signals each and every day about reducing income and race inequality and blames racism for i
Illinois is set to borrow several billion from the Federal Reserve's Municipal Liquidity Fund (MLF) for a second time if a new U.S. stimulus package and a progressive tax hike scheme for Illinois don't come through, according to comments from Ill
While we were all distracted by the Kabuki Theater of the first 'debate' between Donald Trump and Joe Biden on Tuesday the bigger event was simply the turning of the calendar from September to October.
It pays today to never underestimate the venality of the people who think they run the world. It also pays to listen to them when they say the most outrageous things.
A vibrant economic recovery of America's largest city that is New York City, depends on the return of office workers; otherwise, the absence of white-collar folks means a painful recovery is ahead.
US Virgin Island residents earlier this week were reporting to the Consortium that unemployment insurance checks provided to them by the Dept. of Labor were worthless.
US President Donald Trump rolled out Friday his plan to free up roughly $500 billion in capital for Black communities as he seeks to court the bloc ahead of November's national election.
Economists speak of a K, L, U, and V shaped recovery. But the shape doesn't matter because there is no recovery. Recorded September 23rd 2020 on RT Crosstalk.
Government is now so lost, stumbling and trapped in its own narrative because it committed and went all-on on lockdown/shutdow... that now it can't face the consequences of what its already done…
Yesterday, Disney announced plans to eliminate 28,000 jobs as most of its theme parks remain closed, and the movie business remains effectively shuttered.
In late August, the Fed unveiled its new flexible Average Inflation Targeting (fAIT) paradigm which while still lacking strict forward guidance and operational parameters (what is the target inflation? what is the lookback period? how long will the o