By Tyler Durden The unprecedented implosion of U.S. commercial real estate during the coronavirus pandemic is likely to get worse as newly delinquent CMBS loans are surging as the…
By Isaac Davis Just prior to the global Coronavirus outbreak, serious signs of an emerging financial crisis began to emerge. As people were beginning to…
By Tyler Durden The majority of restaurant owners around the city did not pay their entire rent in June, with 36% skipping out on it…
By Tyler Durden Today in “The Fed can’t find inflation anywhere” news, it looks as though the average American’s 2020 is going to go from…
By Tyler Durden Over the last couple of years, we have been extensively documenting the hastening trend of abandoned malls around the country. As brick…
By Tyler Durden In May, readers may recall we said social distancing would revive drive-in movie theaters in a post-corona world. And boy, were we right….
By Outer Limits Radio Deus ex machina, (Latin: “god from the machine”) a person or thing that appears or is introduced into a situation suddenly…
The Secretary-General of the UN lays out two possibilities to get through the pandemic: either accept UN leadership today or go through a five-year global…
By Charles Hugh Smith Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles…
By Michael Snyder The coin shortage in the United States is becoming quite severe, and a lot of people are deeply concerned about where this…
By Jon Miltimore The economic consequences of the COVID-19 lockdowns are well-chronicled. In the US, more than 100,000 businesses have been wiped out. More than…
By Michael Snyder There is a lot of talk about the “unemployment rate” these days, but the way that it is calculated has become so…
By John Vibes According to a report released last week by the Government Accountability Office, over a million stimulus payments were sent out to deceased…
By Kevin Helms The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that…