Economy
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Now That Universal Basic Income Checks Have Started, The American People Will Go Mad If They Don’t Continue
We crossed a line that should have never been crossed when we sent “stimulus payments” directly to the American people…
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There Are No Hawks on the Fed, Only Ostriches
A Pink Elephant and the Fed Bloomberg’s Peter Coy @petercoy has an excellent article on Fed policy worth a good look: Don’t Think…
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America’s Slide Into Economic Oblivion Is Already Starting To Accelerate Here In 2021
Isn’t it fun to live in a rotting, decaying society that is coming apart at the seams all around us? …
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“655 people have $4 trillion in wealth. 200 million can’t cover a $1000 expense.”
The COVID pandemic has caused the gap between the ultra-wealthy and the rest of us to grow larger than it…
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The Worse Things Get, The More The Stock Market Likes It
No matter how bad things become, stock prices just keep going up and up and up. In 2020, we experienced…
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Experts Are Warning That The Stock Market Could Fall Dramatically If Control Of Senate Switches
The results from Georgia are going to have enormous implications for the financial markets. If Democrats win both of the…
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US Has Lost More Than 110,000 Restaurants – Sets Stage For A Commercial Real Estate Collapse Of Epic Proportions
The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have…
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The US Has Become A Banana Republic
If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S.…
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‘Tis The Season For Bankruptcies, Store Closings And Tent Cities…
We need to make 2021 a year of hope because right now there is more economic suffering in America than…
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For 55 Percent Of Americans, 2020 Has Been “A Personal Financial Disaster”
One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the…
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On The Highway To Hyperinflation
Well, here we go again. The U.S. House of Representatives just passed a $900 billion stimulus package, and we are…
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62% Of US Small Business Owners “Fear The Worst Is Still To Come”
The official start of winter is just a few days away, and many small business owners are concerned that their…
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48% Of US Small Businesses May Be Forced To “Shut Down Permanently”
What would the United States look like if we lost half of our small businesses? The reason I ask that…
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How the Covid Response Has DESTROYED the Personal Finances of Americans
Back when the virus that would soon be known as Covid-19 was just a blip on the radar, Selco wrote…
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Worst Winter For US Economy In Modern Times
We already knew that this was going to be the worst winter for the U.S. economy since the Great Depression…
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America’s Pride In The Economy Is About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021
Unless there is emergency intervention, tens of millions of Americans could be facing eviction once the holiday season is over. …
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