By: Andrew Moran The subprime market was always destined to collapse under the weight of defaults, delinquencies, and destitution. Like everything else in the global covidepression, the subprime industry contracted the respiratory illness, and experts are considering transferring this segment of the economy to the intensive care unit. The debt-laden marketplace shall soon learn if the patient will […]
Archives for April 2020
Former Federal Reserve official pushes U.S. central bank ‘to go negative’
Well, it begins: The push for subzero interest rates. Narayana Kocherlakota, a Bloomberg columnist and former president of the Federal Reserve Bank of Minneapolis, wrote an op-ed in which he encouraged the U.S. central bank to slash rates to negative territory. But the opinion piece fails to make the case for negative write, merely writing […]
Is Kim Jong-un dead? Conflicting reports abound as the world waits
So, is Kim Jong-un dead or not? In the last 12 hours, there have been so many conflicting reports pertaining to the state of the North Korean dictator. Multiple reports say that Kim passed away following a botched heart surgery that left him in a vegetative. Then, it was reported that he was simply in […]
Where’s the nearest KKK meetin’? Leftists declare homeschooling is white supremacy
By: Kelli Ballard The Coronavirus pandemic has most states suffering from lockdowns, financial woes, loss of jobs, and education trials. While online learning has become more popular in higher education, COVID-19 has forced elementary and high school students and their parents into the new world of internet schooling. But some are not happy with the new […]
AOC urges Americans not to go back to work when the economy reopens
What is Rep. Alexandria Ocasio-Cortez (D-NY) prattling on about now? Well, apparently she seems opposed to the United States economy reopening. Or, if the market does open up again in the wake of the Wuhan Coronavirus pandemic, she doesn’t think Americans should return to 70-hour workweeks. “When we talk about this idea of ‘reopening society’ […]