Coronavirus pushes unemployment to highest levels since the Great Depression
U.S. unemployment rate now over twenty percent
Israel Will Still Get Its $3.8B From US on Brink of Economic Devastation
Despite thousands of Americans out of work and tens of millions impacted by coronavirus cutbacks, experts expect that Israel will get its full massive aid package
UK business activity at record lows with possibility of worst recession for “several centuries
According to business analysts, the coronavirus lockdown has brought with it the prospect of the worst recession in “centuries”
Sweden Ignored Covid-19 Fears, Kept Economy Open, Yet Has A Mortality Rate Similar To US
Despite no lockdown there is little difference in the death rates. Only Sweden hasn’t trashed its economy
Covid-19: Neil Ferguson, the Liberal Lyssenko
Thierry Meyssan on how scientific charlatans are now being used to justify Western policies and how this could ultimately lead economic ruin
US National Debt Skyrockets to Levels Unseen Since WWII Amid COVID-19 Shutdown
U.S. federal spending is expected to hit almost $4 trillion more in 2020 than the government collects in revenues
Are We Brewing a New Feudalism?
The answer is yes. The bail-out scheme concocted by the New York banks and Trump’s Treasury Secretary, will leave more property concentrated in fewer hands
JPMorgan Profit Sinks to Lowest Since 2013 on Virus Fallout
Profits dived 69% in the first quarter of the year. Leading to fears of a market collapse as CEO Jamie Dimon warns that Covid-19 could trigger a “severe recession”
New Study Finds 28 Million Americans Likely Infected by Coronavirus — Puts US Mortality Rate at 0.1% Just Like the Seasonal Flu
Yet the global economy is being drawn into a deep depression with efforts to fight Coronavirus
COVID-19 and the War on Cash: What Is Behind the Push for a Cashless Society?
John W. Whitehead argues that cash may be one of the main victims of Covid-19
UK economy could shrink by 35% with 2m job losses, warns OBR
Of course the economic impact of coronavirus won’t be confined to the UK. We could see a global economic crash that dwarfs the Great Depression
World Bank Bet $500 Million on a Pandemic
World Bank probably used foreknowledge of #scamdemic to rip off investors.