Archive for the 'Collapse' Category
Hawaii: Great Depression-Level Unemployment as Tourism Plummets
June 13th, 2020Via: ABC: Roughly 25% of the jobs in Hawaii are connected to tourism, which has almost entirely vanished, according to Bonham. “Because we rely completely on air travel, when you shut down tourism with a 14-day quarantine and you go from 30,000 airline passengers per day to a few hundred, that’s a very different situation […]
Homelessness Jumps 13% in Los Angeles County
June 12th, 2020Via: AP: The number of homeless people counted across Los Angeles County jumped 12.7% over the past year to more than 66,400 and authorities fear that figure will spike again once the full impact of the coronavirus pandemic is felt, officials said Friday. The majority of those experiencing homelessness were found within the city of […]
Failed State Walking
June 11th, 2020Via: Econimica: To gauge the quantity of federal taxes collected from the economy, it’s pretty easy to divide annual federal tax receipts vs. the marketable debt (red shaded area below). If the tax receipts or coverage is declining versus the debt…we have a problem (BTW- we have a very big problem). But then you have […]
A Look Inside Seattle’s ‘Capitol Hill Autonomous Zone’
June 11th, 2020I know it’s Seattle, but my guess is that the people involved with Portlandia have just pissed themselves laughing. Via: New York Post: “The homeles [sic] people we invited took away all the food at the Capitol Hill Autonomous Zone,” the person tweeted. “We need more food to keep the area operational. please if possible […]
U.S. May Deficit Nearly Doubles to $399 Billion
June 10th, 2020Via: Reuters: The U.S. federal budget deficit in May nearly doubled to $399 billion from a year earlier amid continued strong spending on coronavirus relief programs and a 25% drop in receipts, the Treasury Department said on Wednesday. The May deficit brought the year-to-date fiscal deficit to $1.88 trillion, already eclipsing the previous full-year record […]
Why the Lockdown Should Last Longer
June 4th, 2020Via: Awaken with JP:
Millions Of Americans Skip Payments As Tidal Wave Of Defaults And Evictions Looms
June 4th, 2020Via: NPR: Americans are skipping payments on mortgages, auto loans and other bills. Normally, that could mean massive foreclosures, evictions, cars repossessions and people’s credit getting destroyed. But much of that has been put on pause. Help from Congress and leniency from lenders have kept impending financial disaster at bay for millions of people. But […]
New York Riots and Looting
June 3rd, 2020Reposted on Youtube: — I have no idea what the original sources are. This compilation is on Facebook. Via: The World – Facebook:
This Is Not a Revolution. It’s a Blueprint for Locking Down the Nation
June 2nd, 2020Via: The Rutherford Institute: Brace yourselves. There is something being concocted in the dens of power, far beyond the public eye, and it doesn’t bode well for the future of this country. Anytime you have an entire nation so mesmerized by political theater and public spectacle that they are oblivious to all else, you’d better […]
Looting and Violence Continues in New York City Despite Unprecedented Curfew
June 2nd, 2020Via: Guardian: An unprecedented curfew in New York City on Monday night did little to prevent destruction, as people smashed their way into shops including Macy’s flagship store, grabbed merchandise and fled. Police said more than 200 were arrested and several officers were injured, following another day of peaceful protests throughout the city over the […]
