Will There Be Bank Runs???
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Will There Be Bank Runs???
Legendary investor and former OMB Director David Stockman joins today's Liberty Report to take a hard look at the shutdown that has brought the US economy to its knees. Was it really necessary...and how can we ever recover? Don't miss today's Liberty
President Donald Trump said Saturday the biggest lesson of the coronavirus crisis was that the United States should not rely on China for their supply chains.
Killed By The Coronavirus Lockdowns: 1000s Of U.S. Businesses That Were Shut Down Will Be Closed Permanently
Even before the coronavirus, Nina Brajovic wasn't so sure about her life in New York.
BLASTS Gates, Fauci, EXPOSES Fake Pandemic Numbers As Economy Collapses
Just as certain things are impossible in mathematics, accounting, chemistry, and physics, so also in economics.
Getting Out Of Dodge: After Exiting Loans And Hiking Mortgage Standards, JPMorgan Stops Accepting HELOCs
Late last week, we showed a chart from Credit Suisse which we described simply as "insanity" because it demonstrated that as the US careened into a depression, with GDP crashing...
It's early days, but the Federal Reserve "bazooka" has mostly impacted the 1%...
Last week's retail sales print was - just like the rest of recent economic data - dismal, with the year-over-year drop of 6.2% the largest since September 2009.
We laid the groundwork for readers over the last three weeks that social instabilities could materialize during or after the pandemic. It has become clear that protests in Lansing, Michigan, on Thursday (April 16), was the beginning of the lockdown-b
The money is part of the $2.2 trillion relief act to help businesses during the coronavirus crisis.
Thousands of colleges across the country are being infused with billions of dollars in cash after they were forced to close their campuses and move classes online amid the coronavirus pandemic.
Turn the key and the economy will restart.
The price of a great many assets will crash, out of proportion to the decline in demand.
A lot of people in the mainstream still insist this isn't a financial crisis like we saw in 2008. They say this is just a self-inflicted shutdown of the economy. Since we decided to shut it down, we can decide to start it back up again. Peter Schif
A person comes into a doctor's office not feeling well. The doctor diagnoses an upset stomach. He prescribes a daily dose of arsenic to his patient, telling him that he will start feeling well soon.
Looming US Real Estate Crisis - Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
Eric Weinstein is a mathematician and economist, and he is also the managing director at Thiel Capital. His new podcast "The Portal" is available now on Apple Podcasts & Spotify.
For declaring in March that the U.S. economy might be reopened by Easter, President Donald Trump was roundly mocked.
The answer to the question is "YES." The large bailed-out creditors will end up with the property of the non-bailed-out debtors who are being pushed deeper into debt with "bail-out loans" and fees and penalties for missed debt payments.
Democrats Obstructed Stimulus, Holding Us Hostage For Ideological Gain, And Now People Are Suffering
We are NOT going back to normal soon warns Dr. Fauci - even as White House taskforce unveils three-phase plan to reopen restaurants, shops, gyms, churches and schools
First, in economic news, the guys discuss America's growing unemployment, which now exceeds 22 million...Next, an infamous abuser's cohorts are cleared of suspicion of wrongdoing...Third, the world's richest man has a troubling history. Should
In response to a likely worldwide recession, governments have turned on full blast the fiscal and monetary spigots. A $2 trillion spending plan has just been approved in the USA, central banks are on a buying spree, and the $1200 stimulus payment is
[This text is excerpted from the introduction to Anatomy of the Crash, a Mises Institute ebook to be released in April 2020.] The Great Crash of 2020 was not caused by a virus...
A common phrase I have heard lately all around the internet as well as all around the area I live whenever the pandemic situation is broached is that "We are all in this together, and WE will get through this together...."
Despite the accumulation of nearly ten years worth of evidence that the U.S. government cannot make money from its student loan business despite having a near monopoly in it, it may soon get into a whole new lending racket.
Carnage in homebuilder sentiment following a record collapse in homebuyer sentiment means it really should not be a total surprise to see Housing Starts crashed 22.3% MoM (the biggest drop since 1984).