By Tyler Durden Indoor dining is banned; offices are empty; city dwellers are fleeing the metro area. The virus pandemic has deeply scarred New York City’s…
By Michael Snyder Isn’t it fun to live in a rotting, decaying society that is coming apart at the seams all around us? The latest…
By Tyler Durden New York City restaurants are hurting more from the economic crisis in comparison to the industry nationwide. At least half of the…
By Tyler Durden Is it time to worry about food inflation? The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month…
By Tyler Durden New York City taxi drivers – who were committing suicide left and right before the pandemic – are in bad shape. After…
By Tyler Durden As we have been warning for quite some time – and again overnight – the (largely irrelevant) December jobs report was a…
By Michael Snyder No matter how bad things become, stock prices just keep going up and up and up. In 2020, we experienced the worst…
By Tyler Durden With investment banks backstopped by essentially unlimited liquidity from Central Banks, 2021 could become the year that everybody officially refinances, kicks the…
By Michael Snyder The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen…
By Michael Snyder If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S. dollars. I…
By Talita Fernandes and Liam Anderson In São Paulo, city authorities estimate that around 24,000 people are living on the streets, a number that is…
By Tyler Durden We’ve all been affected by the pandemic-induced mayhem of 2020. But, as Visual Capitalist’s Carmen Ang notes, when it comes to finances,…
By Peter C. Earle The past year has been one full of superlatives: from the most votes ever cast in a presidential election to the…
By Tyler Durden As the world bids goodbye to 2020, restaurants and bars will have a nightmarish New Year’s Eve as many shops grapple with…