The losses in the Main Street economy are real. The feds can’t make them up. All they can do is create more fake wealth…
The obvious place for your money during this deflationary period is gold. Gold you can hold in your hands. That is, if you can get some…
This isn’t a post-WWII economy. Today, because of the coronavirus, stocks are coming off the biggest bull market in history.
When you start down that long, lonesome inflation highway, it’s very hard to turn around. Each stimulus brings on another crisis.
The feds want to pump more stimulus into the American economy. But real money is not unlimited. And when the limits are passed, bad things begin to happen.
How does America’s coronavirus response compare with what we saw during the Spanish flu of 1919? Well, frankly, it’s far more chaotic.
This crisis is reaching boiling point. The economy is shutting down. Neither businesses, households, nor the government will be able to pay their bills.
Republicans and Democrats are usually at loggerheads. But now the feds are working together to boost government spending. These are extraordinary times.
Everything is going according to plan. That is, if the Federal Reserve’s plan is to leave the U.S. economy a godforsaken wreck.
Guess what? The coronavirus is vengeful and implacable. And it’s coming for our fake money economy. So is the bear market.
The Federal Reserve has slashed interest rates. The last time it happened was in 2008. This is an ominous sign that America’s financial health has never been shakier.
The coronavirus can’t be stopped, but it can be slowed. This gives health authorities time to prepare and treat new cases as they occur.
The Federal Reserve has boosted available repo lending to $175 billion. That’s a huge increase in debt to fight the coronavirus slowdown.
What’s developing in the America has been rehearsed for many years just south of the border. Just look at what happened to Argentina.