Topic: Economic

Economic

Oil Crisis: The Industry Begins Shut Down

Continental Resources, North Dakota’s largest producer of oil has notified its customers they cannot deliver oil at the current prices. All drilling and most of the oil wells have now shut down.

Economic

Unprecedented Global Economic Collapse Begins

It is getting ugly, really, really ugly. Let’s remember who caused this economic collapse, governments have caused the collapse by locking down their nations, states, and cities. A virus did not do that, it is

Currency

Money Is Losing Its Meaning

Yahoo has an article about money-losing its meaning. Money lost its meaning along time ago due to government intervention. I am talking about bailouts and so on.

Negative Rates, Record Unemployment Come To U.S.
Economic

Negative Rates, Record Unemployment Come To U.S.

These negative rates come in the form of U.S. Government Treasury notes which is essentially government debt. Investors seek Treasury notes as they are seen as a safe investment. Now those investments have turn negative