Archive for the 'Economy' Category
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 […]
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 […]
Perspectives on the Pandemic: The (Undercover) Epicenter Nurse
June 10th, 2020What happened in New York was definitely mass murder for profit. Via: Journeyman Pictures: Erin Marie Olszewski is a Nurse-turned-investigative journalist, who has spent the last few months on the frontlines of the coronavirus pandemic, on the inside in two radically different settings. Two hospitals. One private, the other public. One in Florida, the other […]
Rabo: “Insolvent US Companies Should Take The Fed’s New Bailout Loans And Just Buy The S&P”
June 9th, 2020Via: Zero Hedge: The S&P is now up for the year. Which is pretty much what one would expect against the backdrop of the World Bank calling a deep global recession, the worst US economic downturn since the 1930s, and the worst civil unrest since 1968.
Over 95% of UK “Covid19” Deaths Had “Pre-Existing Condition”
June 8th, 2020Via: Off Guardian: Over 95% of “COVID Deaths” recorded in England and Wales had potentially serious comorbidities, according to statistics released by NHS England. The latest figures make for pretty stark reading. Or, rather, they would make for stark reading…if they didn’t follow the exact same pattern already shown in other nations around the world.
Wealthy Fleeing San Francisco for Surrounding Areas
June 8th, 2020Let the lunatics wreck the place, spread shit and used needles everywhere, etc. drive down prices, then come back and do it all again. Via: San Francisco Chronicle: Amid the depths of a global pandemic and financial downturn, the demand for real estate is unexpectedly rocketing in wealthy regions outside San Francisco, reports Bloomberg. Agents […]
“A Crash in the Dollar Is Coming”
June 8th, 2020Bloomberg now reads like an economic doom blog. Does that mean: Yes, the dollar collapse is finally here. or… Nope, made you look. Again. What will it take to finally collapse the dollar? Does it matter that the U.S. is two, ten, twenty, thirty or one hundred trillion dollars in debt? Is there any difference? […]
Tipping Point: Hyundai Has Bigger Market Share for EVs Than Combustion Cars
June 8th, 2020Via: Electrek: Internal-combustion vehicles made by Hyundai-Kia represented 8.9% of the global market in the first quarter of 2020. But the EVs it sells were 9.9% of the global electric-vehicle market. In other words, Hyundai could be the first legacy automaker that is now more competitive on EVs than with its gas- and diesel-powered cars.
Hospitals Got Bailouts and Furloughed Thousands While Paying CEOs Millions
June 8th, 2020Via: DNYUZ: HCA is among a long list of deep-pocketed health care companies that have received billions of dollars in taxpayer funds but are laying off or cutting the pay of tens of thousands of doctors, nurses and lower-paid workers. Many have continued to pay their top executives millions, although some executives have taken modest […]
This Is #TheGreatReset
June 4th, 2020Via: The Corbett Report:
