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.
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?
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.
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.
• https://russia-insider.com byJames Howard Kunstler
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
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
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
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.
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...