Life After COVID: A Look at the New Economy
By Daisy Luther Many Americans have been locked down in their homes for more than a month now, and they’re anxiously awaiting the day when…
Economic Collapse
National Guard Deployed At Nation’s Food Banks To Ensure Stability During Unprecedented Times
By Tyler Durden There is increasing evidence on social media that the National Guard has been deployed to the nation’s food banks to ensure food…
Restaurants Across the US Turn Parking Lots Into Drive-In Movie Theaters and Find Huge Success
By Elias Marat The coronavirus pandemic has put most of our social lives on hold or reduced it to a pale shadow of what it…
Every Landlord Needs To See This Shocking Chart Before May 1st
By Tyler Durden Last week we identified a potential rent strike brewing among the working poor in New York City. Many of these folks are planning to…
Over 40% Of San Diego Residents Turned To Food Banks Last Month
By Tyler Durden Alarming reports from Reuters indicate food bank networks are quickly running out of staple goods as 26 million people in five weeks are out…
Pandemic And Economic Collapse: The Next 60 Days
By Brandon Smith The news cycle moves so quickly these days writing analysis on current events becomes difficult; the moment you publish an examination of…
565 Americans Have Lost Their Job For Every Confirmed COVID-19 Death In The US
By Tyler Durden In the last week 4.427 million Americans filed for unemployment benefits for the first time. That brings the four-week total to 26.5…
Food Shortage Fears Well-Founded? Tyson Closes Nation’s Largest Pork Plant Over COVID Concerns
By Tyler Durden Food security remains a significant problem during coronavirus lockdowns. The next big issue unfolding is the shuttering of the nation’s food plants…
Let Them Eat Ice Cream!
By James Corbett Marie Antoinette didn’t actually say “Let them eat cake” but you won’t believe who is saying “Let them eat ice cream.” Join…
Another Million Homeowners Just Applied For COVID-19 Forbearance In The Past Week
By Tyler Durden Last week we reported that the number of Americans applying for the government’s mortgage forbearance program had spiked to 3.74%, up from…
Two Weeks Later, Most Small Businesses Still Haven’t Gotten PPP Bailout Money
By Tyler Durden A new survey reveals that most small businesses which have applied for coronavirus relief have yet to see a penny of it…
New Numbers: Economic Downturn Could Kill Hundreds of Thousands of Children in 2020
By Mac Slavo Even the most authoritarian of all regimes, the U.N., is warning about the upcoming death toll due to the economic destruction by…
United Reports $2.1BN Loss As Airlines Brace To Fire 100,000 Once Bailout Loans Expire
By Tyler Durden United Airlines confirmed the carnage hitting US airlines today when it reported a $2.1 billion loss for first quarter as the coronavirus…
10 Billionaires Gained $51 Billion Last Week Including Tech Giants Bezos, Gates, Musk and Zuckerberg
By B.N. Frank The pandemic obviously hasn’t had a negative financial impact on everybody. This includes tech giants who have a tendency to market their…