August 2020? No, March 1930…

 

Heaven Help Us if Unemployment Follows the Path of the Great Recession

Here’s a series of charts showing the duration of unemployment followed by a comparison to what happened in the Great Recession.

 

Banks Sit on Money and Raise Lending Standards, Just Like During The Great Recession

Traditional finance is dead. Let it die.There is absolutely no reason that you should have to wait for the money that you need in a global pandemic. Especially if you’ve spent your time and emotional capital building relationships with financial institutions only to get the cold shoulder when you…

 

Don’t Let The Stock Market Rally Mask Reality

Maybe investors are suddenly showing foresight like never before, and are looking past the pandemic to an eventual recovery. But probably not.