Donald Trump: Landlord-In-Chief?
By Michael Maharrey You’ve probably heard about the federal government moratorium on evictions. I guess that makes President Trump Landlord-In-Chief. The sad thing is I’ve…
Economic Collapse
NYC Restaurants Debate Whether To Use New 10% COVID Surcharge
With Erika Adams of Eater New York, Restaurant owners are grappling with whether to use a new emergency measure that City Council approved this week…
In This Red Dawn, Who Invaded Whom?
By Jeffrey A. Tucker The gigantic mess of 2020 called lockdown began with an email thread called Red Dawn, based on the old movie about…
America’s Largest Landlord To Make $550 Million Bet On Trailer Parks
By Tyler Durden A decade ago, Blackstone Group Inc. became America’s largest landlord, purchasing tens of thousands of single-family homes during the foreclosure crisis. Now the…
Manhattan Rental Market Sees Another Record Plunge For August With 15,000 Empty Apartments
By Tyler Durden As expected given the new pandemic-driven ‘escape from New York’, the Big Apple’s rental market has witnessed another record plunged for the…
Wisconsin Food Bank Warns: “We’re Not Going Back To Normal Anytime Soon”
By Tyler Durden Readers may recall Nouriel Roubini told Bloomberg TV in late August, about a week before the stock market rolled over, that Wall Street…
In a War on Restaurants, Media Tout the Lockdown Narrative
By Jeffrey A. Tucker Just when the fear starts to subside, and growing public skepticism seems to push governors into opening, something predictable happens. The…
Economic War With China Is The Final Step Before The “Great Reset”
By Brandon Smith With the pandemic dominating the news cycle, the general public has been completely distracted from a much more important crisis; namely, the…
A Tale Of Two Housing Markets: Mortgage Delinquencies Spike 450%, Yet Refis Boom With Low-Principal Loans
By Tyler Durden As we noted last month, the US housing market is reflecting the extremes of the economy right now – between those who…
World Economic Forum’s Techno-Totalitarian Roadmap
Global elite Technocrats cannot fathom how there could be any blowback against their techno-totalitarian dreams of Utopia. Those who do resist are viewed as an…
The New Normal Is Wrecking New York
By Taleed Brown America’s been under quarantine how long now, since March? And we’re still being asked to wear a face shield and snorkel to…
Apocalypse On Broadway: Study Finds 78% Increase In Vacant Storefronts
By Tyler Durden If the rising taxes and complete loss of law and order in the midst of a global pandemic wasn’t enough to drive…
Gym Owners In San Fran Furious After Learning Government Gyms Have Been Open For Months
By Tyler Durden Shut down gym owners in San Francisco have developed serious “roid rage” after finding out this week that gyms inside of government…
A Record 52% Of Millennials Now Live With Their Parents, Highest Since Great Depression
By Tyler Durden Wall Street and the Trump administration have been in no rush to acknowledge the deep economic scarring from the virus-induced downturn that is…