...the drop in claims was largely driven by a 75,645 drop in California...indicative of the problems that remain in processing claims, backlogs and fraud in the states.
The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020.
For all intent and purpose, the labor market situation in America has gone nowhere in 4 months...
March, 2020: simultaneously, hundreds of millions of people were forcibly put out of work while at the same time multiple-trillions of dollars were created out of thin air. What could possibly go wrong when demand is stimulated while supply is depre
Why the housing market will crash by late 2021 or early next year If the government doesn't throw money on this problem. With 2.5 Million due on their mortgages and 8.8 million now are late on their rent payment. In Todays video Ken Mcelroy explained
The Wuhan coronavirus (Covid-19) is over, even if the fake news media refuses to accept reality. The devastating economic repercussions of the government's engineered response to it, however, are far from over.
Printing more money will not solve this problem. It will actually exacerbate it. The mainstream media won't call it out because they have become mouthpieces for the state...
Unless the government changes course, America will experience a crisis greater than the Great Depression.
It is possible that we might soon be witness to the first global inflationary depression.
This week brought forth new evidence that – to be perfectly frank – we're all screwed.
Financial history includes plenty of extreme years. That's not surprising, since we're emotional beings with short memories. Combine those two traits and you get cycles, many of which end with a bang.
This madness is now global, so next up: global depression.
I don't care who you voted for, or your thoughts on the election. Joe Biden is the President and as much as I try to stay out of politics, his proposed tax plan is now the greatest threat to destroy family owned farms and ranches that America has e
The national debt racket is not a Trump or Biden thing. It's not a Republican or Democrat thing. They all perpetuate it. But all rackets come to an end, and it's important that as many people as possible understand what must come next, so that this "
A top health adviser to President-elect Joe Biden suggested that the nation is well-positioned financially to withstand a lockdown of more than a month in an effort to get the coronavirus pandemic under control.
The U.S. Dollar got hit hard in 2020, declining nearly 7 percent (year over year) and as much as 12 percent from peak to trough during year.
The market, as Warren Buffett has pointed out, can be either a weighing machine or a voting machine. You can make money in the market either way, but you have to recognize which machine is giving you signals.