source / The Money GPS Covid: How Unemployment has pushed workers to the edge Pain, despair and poverty reach fever pitch for unemployed workers Randy Chase has lived in his pickup truck for months. Luckily, the tiny cab of his 1996 Nissan is easy to heat and that’s a life saver in the sub-freezing winter […]
source / The Money GPS Look around and see how many people are getting into the market. Look at how many believe it will never stop. And why? Why is this belief so persistent? Is it a reality? Or is it simply what people want? The Fed and other central banks have done such an […]
source / The Money GPS There has been so much money flowing in from the central banks that you can see the speculation right in front of you, it’s everywhere. This is the most risk-taking ever in history but unlike in previous bubbles, there’s so much denial from basically everyone it’s unheard of, but that’s […]
A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve two of the country’s biggest problems. Millions of Americans have joined the ranks of the unemployed, and government relief checks and savings are running out; meanwhile, the country still needs trillions of dollars […]
À la fin de l'année 2020, la dette publique de la France atteint 120 % du PIB, un niveau vertigineux. Et encore, la crise pandémique n'étant pas finie, nous ne savons pas encore à quel niveau nous nous situerons dans quelques mois. La récession dépassera les 11 % cette année, soit le triple de ce que nous avons connu en 2008/ 2009 lors de la crise des subprimes. Et ce n'est pas encore fini, apparemment. Or, nous ne nous étions pas encore tout à fait rétablis de la crise précédente. Combien de temps (...)
À la fin de l'année 2020, la dette publique de la France atteint 120 % du PIB, un niveau vertigineux. Et encore, la crise pandémique n'étant pas finie, nous ne savons pas encore à quel niveau nous nous situerons dans quelques mois. La récession dépassera les 11 % cette année, soit le triple de ce que nous avons connu en 2008/ 2009 lors de la crise des subprimes. Et ce n'est pas encore fini, apparemment. Or, nous ne nous étions pas encore tout à fait rétablis de la crise précédente. Combien de temps (...)
source / The Money GPS This is how crazy 2020 has been .Everything is breaking records to the up but also the down side. Major disparities have formed everywhere with no resolution in sight. People are waiting for more Fed money, more government stimulus, more helicopter cash. But this has never resulted in long term […]
source / The Money GPS The financial system has seen its fragility appear in September 2019. The Repo Crisis was covered up but ultimately for those paying attention, this should have been a signal. The Fed can’t actually prevent a crisis. It’s the perception that they can that calms the market. But if the Fed […]
L'or et l'argent se démarquent clairement par rapport à presque toutes les autres classes d'actifs jusqu'à présent cette année. www.geopolitique-profonde.com
source New York State Lawmakers Weigh Tax Increase on Wealthy – WSJ New York State Lawmakers Weigh Tax Increase on Wealthy New York state lawmakers may act this month to raise taxes on high-income people, a top legislator said, as the state confronts a budget deficit exacerbated by the coronavirus crisis. Assembly Speaker Carl Heastie, […]
