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Author Archives: admin
Why Americans Don’t Have Any Savings
In response to a likely worldwide recession, governments have turned on full blast the fiscal and monetary spigots. A $2 trillion spending plan has just been approved in the USA, central banks are on a buying spree, and the $1200 … Continue reading
The US Will Never Get Back to Pre-Coronavirus Spending Levels, History Suggests…
… and that means trouble – with a capital “T” Not only does the US government never pay back what it has borrowed, somehow the emergency stimulus spending always becomes the new normal. It just took a couple of weeks … Continue reading
COVID-19 and the War on Cash: What Is Behind the Push for a Cashless Society?
Cash may well become a casualty of the COVID-19 pandemic. As these COVID-19 lockdowns drag out, more and more individuals and businesses are going cashless (for convenience and in a so-called effort to avoid spreading coronavirus germs), engaging in online … Continue reading
Total system failure will give rise to new economy
Covid-19 driven collapse of global supply chains, demand and mobility will painfully spawn next great tech-led economic models Nobody, anywhere, could have predicted what we are now witnessing: in a matter of only a few weeks the accumulated collapse of … Continue reading
Date of Economic Death for the United States is 1 May 2020
AE Global Solutions Letter to President Trump: Date of Economic Death for the United States is May 1, 2020. [Appropriately, MAY Day ~ Ed.]
A Rational Look at the So-Called Covid 19 – Pandemic
What is yet to come will be a devastating collapse of the economy of the US, due to the suspension of normal economic activity for so many months… 2,835,205 Americans died in the year 2018. (Source: National Vital Statistics System). … Continue reading
Some governors to begin reopening economies this week
‘We don’t have to wait until May 1’ With some 95% of Americans under lockdown amid disaster declarations in all 50 states in response to the coronavirus pandemic, governors are making plans to reopen business and public life. Texas Republican … Continue reading
Small Business Guarantees Are A Bucket Of Moral Fraud
The coronavirus Small Business Relief program is a bucket of first come first serve moral fraud. The New York Times says Small-Business Relief Effort ‘a Mess’ The Hill says Small businesses still struggling for loans even as $100B is approved … Continue reading
Get Ready for World Money
Since Federal Reserve resources were barely able to prevent complete collapse in 2008, it should be expected that an even larger collapse will overwhelm the Fed’s balance sheet. That’s exactly the situation we’re facing right now. The specter of a … Continue reading
