The global economy is continuing on its downward trend. The financial system teeters on the edge, while maintaining the facade that somehow we have nothing to worry about. We have the occasional report of positivity from paid actors and institutions. But overall, the data is not reasonable. It’s not ok to have millions of people subsist only by help of government. Something is broken and those in charge are not there to fix it, in fact they’re only making it worse.
Americans are forced to raid retirement savings during the pandemic
www.cnbc.com/2020/09/14/americans-are-forced-to-raid-retirement-savings-during-the-pandemic.html
Lumber’s Staggering Rally Has New Homes Selling for $16,148 More – Bloomberg
Eviction Filings by Big Landlords Surged After Trump Issued Ban – Bloomberg
Biggest Crisis Test Is Still to Come With Insolvencies, BIS Says – Bloomberg
Biggest Crisis Test Is Still to Come With Insolvencies, BIS Says – Bloomberg
Bank Credit Swaps Signal Concern Over World’s Weakest Lenders – Bloomberg
Manhattan’s One Vanderbilt Skyscraper Opens Up to Dead Midtown – Bloomberg
New York Sports Clubs Owner Goes Bankrupt After Gym Shutdown
finance.yahoo.com/news/york-sports-clubs-owner-files-045126109.html
Steven Mnuchin: Now is not the time to worry about federal deficits
What Is Monetary Policy in 2020? Latest Thinking During Virus, Covid-19 Lockdown – Bloomberg
The illegal occupation of houses grows 58% in five years | Spain
www.elmundo.es/espana/2019/11/24/5dd97350fc6c83f63c8b45b1.html
Food bank operators are optimistic despite expecting a surge this fall
BP says oil demand may have peaked last year – CNN
www.cnn.com/2020/09/14/business/bp-oil-demand-peak-coronavirus/index.html
Creating More Job Opportunities: Amazon Hiring 100,000 New Full- and Part-Time Employees Across the U.S. and Canada | Amazon.com, Inc. – Press Room