By: Thorsten Polleit In an effort to “fight” the consequences of the politically orchestrated “lockdown,” the Fed pumps vast amounts of money into the economy. It injects base money into the banking system. It also monetizes outstanding debt and finances the US administration’s deficit spending policy by issuing new money. This not only increases “excess […]
Joe Biden
Reports say U.S. considering defaulting on some or all debt owed to China over COVID-19
The United States government is considering different ways to punish China for its mishandling of the coronavirus pandemic. So far, President Donald Trump has hinted at slapping new tariffs on Beijing, which he says will not impact the phase-one trade deal that was signed earlier this year. But a so-called nuclear option might be on […]
LOL: How desperate mayors have reacted to COVID-19
Everything from a shrug to outright panic, mayors across America have exhibited varying emotions. You can’t really expect anything different from these politicians. So, it is not really a surprise. The wonderful Andrew Heaton and the excellent Austin Bragg have a new video poking fun at the nation’s mayors. Let’s be honest: They all acted […]
BELIEVE ALL WOMEN: Joe Biden’s potential running mates on sexual assault survivors
JBLeftists have a message for you: You better believe all women if they say they have been sexually assaulted or harassed. Well, unless those women are accusing someone on the left. In the wake of Tara Reade’s sexual misconduct allegations, Democrats have forgotten about this mantra and now suddenly believe in due process and innocent […]
CORONAPOCALYPSE: Pandemic costs 30 million Americans their jobs in just six weeks
Americans have gotten slaughtered since the Wuhan Coronavirus made its way to the shores of the United States. The latest Department of Labor data found that the number of Americans filing for unemployment benefits came in at 3.839 million in the week ending April 25. This is once again down from the previous week, but […]