As the United States government goes deeper into debt, the Federal Reserve is monetizing the red ink. This week, the U.S. central bank is widely expected to ramp up its purchases of long-dated Treasury bonds after it confirmed last week that it would let inflation run higher than the two percent target rate. The Fed […]
Are Republican states leading America’s post-coronavirus economy?
By: Andrew Moran The national lockdown has sparked economic destruction from coast to coast, although some states have handled the devastation better than others. But does the political color of a state – red or blue – matter in today’s post-Coronavirus economy? Some jurisdictions are still trying to reopen their economies, while others are thriving amid […]
INSOLVENT: Corporate bankruptcies on the rise in post-coronavirus economy
We recently reported that a lot of small businesses plan to close their doors if economic conditions do not improve in the fallout of the coronavirus pandemic. What about large corporations? Well, here is a chart that shows the spike in corporate bankruptcies, many of which have liabilities north of $1 billion. And check out […]
STUDY: 20% of small businesses expect to close in six months if pandemic doesn’t improve
Should small businesses that have been forced to shut their doors seek redress from the government? You cannot fault companies for seeking compensation from the state in these trying times since they had been mandated to end operations. Should the coronavirus pandemic linger, many entrepreneurs expect their companies will not survive. According to a new […]
Uh, CNN? Richard Spencer endorses Joe Biden for president
Well, this is awkward. The actual alt-right racist white supremacist Richard Spencer is endorsing Joe Biden for president. That’s right. In a series of tweets, he wrote: “The MAGA/Alt-Right moment is over. I made mistakes; Trump is an obvious disaster; but mainly the paradigm contained flaws that we now are able to perceive. And it […]