The economy is in bad shape. The media continuously reports how there’s a recovery. They used the recovery theme in 2009 and consistently repeated it all the way through 2019. It’s nothing but a joke. We are witnessing a complete disintegration of the global economy and for a specific purpose. The monetary system ultimately needs to be replaced and that’s exactly where we’ve been headed. Cashless society. Supranational control. And the madness of it all.
US unemployment drops to 7.9% but hiring slows pre-election
apnews.com/article/virus-outbreak-us-news-economy-bda32f552bd450be2b804131cd5d49e6
Pre-election economy: Unemployment falls, but hiring slows
apnews.com/article/virus-outbreak-us-news-economy-bda32f552bd450be2b804131cd5d49e6
Here’s where the jobs are for September 2020 — in one chart
www.cnbc.com/2020/10/02/heres-where-the-jobs-are-for-september-2020-in-one-chart.html
‘Massively concerning’ jobs report sends a signal that the economic recovery could be fading
pem job losses.jpg (1142×609)
www.zerohedge.com/s3/files/inline-images/pem%20job%20losses.jpg?itok=LCxJKZAa
Manhattan apartment sales tumble 46%, leaving 10,000 unsold units
Pandemic Home Buyers Drive Aspen’s New Gold Rush – WSJ
www.wsj.com/articles/pandemic-home-buyers-drive-aspens-new-gold-rush-11601640001
Federal Debt Tops $27 Trillion for First Time | CNSNews
www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-tops-27-trillion-first-time
Speech, Bernanke –Deflation– November 21, 2002
www.federalreserve.gov/boarddocs/Speeches/2002/20021121/default.htm
Benchmark’s Bill Gurley: markets ‘highly speculative’ like 1999
www.cnbc.com/2020/10/02/benchmarks-bill-gurley-markets-highly-speculative-like-1999.html
U.S. Bankruptcy Tracker: Small Business Busts Lift Filings Pace – Bloomberg
U.S. Bankruptcy Tracker: Small Business Busts Lift Filings Pace – Bloomberg
U.S. Bankruptcy Tracker: Small Business Busts Lift Filings Pace – Bloomberg