Are you ready for the coming price inflation spike in the post-coronavirus economy? Well, it may already be here. The Department of Labor released its latest inflation report, and it found that the cost of groceries spiked the most in one month in nearly 50 years. Last month, groceries surged 2.6 percent, the biggest one-month […]
Archives for May 2020
FED STUDY: Most Americans expect stocks to rally, their own finances to deteriorate
If there is one thing you can always count on it is the stock market will always survive a crisis – as long as the Federal Reserve lends a hand. According to a New York Fed Bank consumer survey, American households expect stock prices to climb higher over the next 12 months, even though they […]
What’s the difference between the Great Recession and the Covidepression?
By: Arkadiusz Sieroń There are several important differences between the global financial crisis of 2007–08 (GFC) and the coronavirus crisis (CC). Origin and Nature of the Crisis The GFC resulted from financial imbalances, primarily the housing bubble, while the CC was triggered by the external negative shock (the pandemic and the following economic shutdown) that […]
Moody’s warns of a Great Depression if a second coronavirus wave happens
Is the United States risking a second coronavirus wave and an economic depression by reopening the country too soon? More states are beginning to allow businesses to reopen their stores, while other jurisdictions still have stringent guidelines and rules in place. That said, the nation is in the beginning phase of reopening. Moody’s Analytics chief […]
BELIEVE ALL WOMEN: Democrats claimed women don’t lie about sexual assaults
The fine folks at the Washington Free Beacon put together another excellent compilation video of Democrats’ hypocrisy. During the Brett Kavanaugh fiasco, the Democrats said that women do not lie about sexual assaults and that Christine Blasey Ford had nothing to gain. Well, fast forward to the present, and the Democrats are suggesting that Tara […]