By: Stefan Gleason Many retail businesses including grocery stores and fast food restaurants have been wrangling with a national coin shortage. Some are posting notices informing customers that they will need to pay in exact change or use alternative payment methods such as credit cards. What’s driving this scarcity of quarters, dimes, nickels, and pennies? […]
Archives for July 2020
‘CULT MANUAL’: Ben Shapiro lists 7 reasons why ‘White Fragility’ is the worst book ever
If you are writing a book about how racist white people are or how black lives matter, you will become an instant bestseller. You could self-publish a 300-page book on Amazon with just the words “black lives matter” gracing each page, and you could earn a year’s salary. Case in point, White Fragility. Ben Shapiro recently […]
Capitalism without central banks
By: Andrew Moran In traditional crime noir fashion, Van Heflin says in the 1942 film, Johnny Eager: “You knew when a woman loves you like that, she can love you with every card in the deck and then pull a knife across your throat the next morning.” This is how the stock market behaves – at […]
STUDY: 22% of PPP recipients will lay off workers as funds dry out
It turns out that the federal government failed to prevent unemployment in its astronomical stimulus and relief package. According to a new study by National Federation of Independent Business (NFIB), 22 percent of businesses that received funding from the Paycheck Protection Program will lay off workers. Because the economy is not reopening as rapidly as anticipated […]
RETAILPOCALYPSE: 8,700 stores have closed amid COVID-19 pandemic
The retailpocalypse is accelerating in 2020 amid the coronavirus pandemic. After years of an industry in decline, the sector may be on its last legs. Last year, more than 9,300 stores closed their doors. So far in 2020, more than 8,000 retailers have shuttered. A new forecast suggests as many as 25,000 could shut down […]