Well, this is not surprising at all. Remember all those billions of dollars that President Donald Trump threw at the nation’s agricultural sector to weather the storm during the U.S.-China trade war? It turns out that the richest farmers received a bulk of the federal assistance. According to a new study by the Environmental Working […]
Archives for September 2020
DOOMSDAY: Joe Biden says 200 million people died from coronavirus
Are you OK? Former Vice President Joe Biden revealed on Sunday that 200 million people died from the coronavirus by the end of his speech. That is more than half the population, which is a tragic figure, if accurate. This should permanently decimate American society. Here is the clip: Of course, if Biden wanted to […]
STUDY: 60% of U.S. business closures are permanent
The coronavirus pandemic has decimated the private sector. But was it COVID-19 or democide that results in the evisceration of small business? Either way, most companies that have shuttered their downs since March will not reopen, according to a new Yelp report. The September Local Economic Impact report discovered that 97,966 businesses on the website […]
Is the U.S. dollar collapse greatly exaggerated?
By: Daniel Lacalle The US Dollar Index has lost 10 percent from its March highs and many press comments have started to speculate about the likely collapse of the US dollar as world reserve currency due to this weakness. These wild speculations need to be debunked. The US dollar year-to-date (August 2020) has strengthened relative to 96 out […]
Federal Reserve will leave interest rates near zero until 2023
Well, to no one’s surprise, the Federal Reserve is suppressing interest rates for longer. Following its two-day September Federal Open Market Committee (FOMC) meeting, it left interest rates unchanged in the target range of zero and 0.25 percent. It will stay this way until at least 2023, in addition to allowing inflation to run above […]