Month: June 2020

Rents in the Most Expensive Cities Drop. Oil Patch Gets Hit Too. But Massive Gains in Other Cities

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Are the Work-from-Home-Folks Moving to Cheaper Pastures? By Wolf Richter for WOLF STREET. In the most expensive rental markets in the US, rents are declining, and did so even in May which normally is a fairly strong month for rents. And there may be some reasons. Zumper in its June rent report: “It seems the pandemic has shifted the … Read more

Charted: The Biggest Foreign Holders of U.S. Debt

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by howmuch The U.S. government is borrowing $3 trillion in the second quarter this year, an eye-popping number with unknown implications for the future of the economy. With so much government spending in response to the coronavirus, we started to wonder, which countries actually own the most U.S. debt? Buy this visualization Japan holds more U.S. debt … Read more

The Horrifying Civil Unrest We Have Been Warning You About Is Here, And America Is Literally Coming Apart At The Seams

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by Michael Snyder For a very long time, many of us have been loudly warning the American people that this was coming.  The mainstream media and many of our national leaders have been fanning the flames of hatred, anger, frustration and division on a daily basis for many years, and it was just a matter … Read more

Even if small business owners have insurance that covers damage from civil unrest, many will not get payouts for more than a year (if at all).They’re affected far more than big corporate chains. Historically, many businesses never return to areas affected by significant rioting and looting.

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by DontMicrowaveCats I’ve seen a lot of posts all over social media condoning rioting and looting in the name of the cause…with the justification its not a big deal because they’re covered by insurance, and financial damage doesn’t matter in comparison to the broader issue of police injustice. While property will of course never be … Read more