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8 Million More Living In Poverty, 9 Million Small Businesses In Danger Of Closing, 10 Million Behind On Rent…

8 Million More Living In Poverty, 9 Million Small Businesses In Danger Of Closing, 10 Million Behind On Rent…

by Contributing Author | Feb 11, 2021 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  The economic downturn that we are currently experiencing is making the last recession look like a Sunday picnic.  Yes, 2008 and 2009 were bad, but they weren’t anything like this....
“655 people have $4 trillion in wealth. 200 million can’t cover a $1000 expense.”

“655 people have $4 trillion in wealth. 200 million can’t cover a $1000 expense.”

by Contributing Author | Jan 14, 2021 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog. The COVID pandemic has caused the gap between the ultra-wealthy and the rest of us to grow larger than it ever has been before.  Thanks to the hyperinflationary policies of the...
The Coming War on Wealth and the Wealthy

The Coming War on Wealth and the Wealthy

by Contributing Author | Jan 6, 2021 | Headline News

This article was originally published by Charles Hugh Smith at Of Two Minds Blog.  Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America. The problem with pushing a pendulum to its maximum...
2020 Was a Snack, 2021 Is the Main Course

2020 Was a Snack, 2021 Is the Main Course

by Contributing Author | Jan 5, 2021 | Headline News

This article was originally published by Charles Hugh Smith at Of Two Minds Blog. One of the dishes at the banquet of consequences that will surprise a great many revelers is the systemic failure of the Federal Reserve’s one-size-fits-all “solution”...
The United States Has Become A Banana Republic

The United States Has Become A Banana Republic

by Contributing Author | Jan 4, 2021 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S. dollars.  I know that sounds absolutely crazy, but it is...
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