Following the stock market crash in 1929, more than 9,000 banks in the United States failed over the next four years. In just the one year of 1933, more than 4,000 banks closed their doors permanently as a result of insolvency… Read More Wall Street’s Casino Banks Party Like It’s 1929
What happened is shocking, heartbreaking, and previously unthinkable… Read More In Crazy Banana-Republic Moment, Mob Storms U.S. Capitol, Senate & House. Lawmakers Evacuated. But No Problem, Stocks Are Up
Washington is not about people, it’s about money… Read More Pork for Christmas
“Committing” money and actually turning the funds over are two very different things.… Read More Research Arm of Congress Confirms that Mnuchin Never Released Bulk of CARES Act Money Earmarked for Fed’s Emergency Loans
“The American Dream has run out of gas. The car has stopped. It no longer supplies the world with its images, its dreams, its fantasies… It supplies the world with its nightmares now.”… Read More American Requiem
With impeccable timing… Read More UK Local Authorities’ Highly Leveraged Commercial Real Estate Bets Begin to Unravel
Suppression of the virus only works if its elimination is near total and an effective system is in place to find, test and isolate new cases. Britain is clearly not one of the countries that can successfully do this… Read More Britain Will Seek Coronavirus ‘Herd Immunity’ Covertly or by Default, Thanks to an Inability to Get Anything Done
The number of children who do not have enough to eat has soared in the pandemic, according to the Census Bureau and Agriculture Department.… Read More Hunger in America, Especially Among Children, “Has Skyrocketed” During Covid-19
How does one ‘get ahead’ during hard times?… Read More Collapse Is A Process, Not An Event
The Fed is recklessly driving us towards an unavoidable reckoning. By Adam Taggart and cross-posted from Peak Prosperity. When asked what the biggest risks facing the economy are, David Stockman, lifelong Capital Hill and Wall Street insider, says “That’s easy. There are three: The Fed, The Fed and the Fed.” After decades of misguided policy and… Read More DC/Wall Street Insider Predicts Coming Shock
The enraged, polarized segments of the population are rapidly consolidating as the political center disintegrates… Read More American Bloodlands
Author Thomas Frank predicted the modern culture war, and he was right about Donald Trump, but don’t expect political leaders to pay attention to his new book about populism… Read More Kansas Should Go F**k Itself
