Economic
S&P 500 Breaks Record Erasing COVID-19 Losses
The S&P 500 just erased all losses from the COVID-19 pandemic, even setting a new all-time high. At least, that is how the headline reads at CNBC.
August 19, 2020
Topic: Economic
Economic
Washington State Prepares Food Warehouse For The “Shortage In The Months Ahead”
Washington State has stocked its new food warehouse amid continued and surging demand for food, to prepare for the months ahead…
August 16, 2020
COVID-19
Food Stamp Usage Climbs by 5.9 Million Since Coronavirus Pandemic Began
The government’s response to COVID has made us more dependent on the government. This is by design. Then we have the mainstream media which constantly explains we need more stimulus from the government in order
August 15, 2020
Currency
Fed Is Developing Digital Dollars To Replace Paper Money
The Federal Reserve is creating and testing a “hypothetical” digital currency, equivalent of cash. It is known as Digital Dollars. We talked about this in Global Digital Identification Is Coming: ID2020.
August 14, 2020
Economic
The Next Global Depression Is Coming And Optimism Won’t Slow It Down
Time Magazine just ran this headline. Continually, we are being prepared to accept that doom is coming our way. Folks, the stage has been set for a horrific global financial collapse, one that is unfolding
August 10, 2020
Economic
Economies Around The World Sink From COVID Lockdowns
Yesterday reports surfaced that U.S. GDP fell by 32%. Around the world similar economic data came in which all looks very grim. Of course, this is not a shock since the entire world locked down
July 31, 2020
Economic
U.S. GDP Plunges By Worst-Ever 32.9% Amid Virus-Induced Shutdown
Readers, let’s talk about this. I found this article over at CNBC. There is something incorrect about this headline, what is it?
July 30, 2020
Economic
Big Banks Extend Forbearance Programs To Millions Of Credit Card, Auto Loan And Mortgage Customers
Millions of Americans have been in forbearance programs, these programs are now being extended as one million Americans a week are filing for unemployment benefits.
July 17, 2020
Economic
“COVID-19” Is Bankrupting Our World
Bloomberg reports 120 different companies have declared themselves bankrupt this year due to COVID-19. Then we have Dunkin Donuts who just announced they will permanently close 450 stores this year.
July 13, 2020
Economic
Federal Reserve Begins To Buy Bonds For The First Time In History
It seems with each passing day, we find some new unprecedented event. This time it revolves around the Federal Reserve who has now begun to buy corporate bonds, for the first time in history.
June 29, 2020
COVID-19
IMF Supports 70 Nations With 25 Billion Dollar Emergency Financing Amid COVID-19 Pandemic
The world’s financial situation is looking very bleak these days. Yes, I know, the U.S. stock market is not that far off from its former record highs. However, I feel those numbers are not real,
June 22, 2020
COVID-19
Worst Global Economic Collapse In 150 Years, A Perfect Storm
The World Bank blames this historic global economic collapse on the COVID-19 Pandemic. However, COVID-19 and its 0.1% mortality rate did not cause this, let’s be clear, it was the government’s response to COVID-19 that
June 12, 2020
While he yet spake, behold, a bright cloud overshadowed them: and behold a voice out of the cloud, which said, This is my beloved Son, in whom I am well pleased; hear ye him.