marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
lockdowns
10/08/2020
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By JD Heyes
No, “coronavirus” hasn’t thrown 100 million into extreme poverty… virus LOCKDOWNS did that
For the first time in recorded history, world leaders who are supposed to have access to cutting-edge research and science, closed down their countries, shuttered their economies and ordered their people locked away, for the most part, in response to a new virus pandemic, COVID-19. Predictably, thousands of businesses and firms closed. Factories shut down, […]
10/08/2020
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By Zoey Sky
Disney to lay off 28,000 workers in belt-tightening move amid coronavirus pandemic
It looks like the “happiest place on earth” is about to be the saddest one for thousands of workers after Walt Disney Co. announced that it will lay off 28,000 employees because of the coronavirus (COVID-19) pandemic. Travel and other experiences struggled during the pandemic Even Disney, a mass media and entertainment conglomerate, isn’t immune to […]
08/30/2020
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By Zoey Sky
Coronavirus lockdowns are “overly blunt and costly” … economists and health experts point to a more effective way
As the coronavirus (COVID-19) pandemic spread like wildfire throughout America, the country was forced to implement something it has never tried before: Blanket business shutdowns. However, this tactic has resulted in a deep recession. While the pandemic spreads, economists and health experts suggest that it may be time to try a different and more effective plan. […]
08/11/2020
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By Cassie B.
Most New York City restaurants won’t be able to pay their July rent, survey finds
The economic effects of the coronavirus crisis are being felt deeply in the New York City restaurant industry. July was just the latest in a string of disappointing months for the city’s restaurants, bars and clubs, and a new survey has found that most of these establishments will be unable to pay their rent for […]
08/11/2020
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By Ethan Huff
Unemployment now at Great Depression levels, food inflation soaring
Ever since pretty much all of America shut down back in late February and early March due to fears about the Wuhan coronavirus (COVID-19), tens of millions of Americans have lost their jobs and food prices for everyone have continued to soar. Rivaling what transpired during the infamous Great Depression, everyday Americans are now finding […]
08/08/2020
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By News Editors
The economic depression of 2020 is becoming an endless nightmare for millions of Americans
You may have noticed that a lot of people get offended by what I write. It is not something that I am purposely setting out to do, and I actually endeavor to get along with everyone as much as I can. But it is undeniable that my articles about our ongoing economic collapse directly contradict […]
07/01/2020
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By Arsenio Toledo
Italy’s coronavirus lockdown leaves citizens in poverty and unable to rebound because of economic restrictions
Italy lifted its two-month-long lockdown on May 18. But, its impact will be felt for far longer, as the measure also caused the country’s worst economic downturn in 75 years. On March 8, the Italian government placed the northern parts of the country under cordon sanitaire; this was then extended nationally the next day. While the country has emerged from it […]
06/15/2020
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By Franz Walker
Coronavirus recession will hurt low-income and emerging market economies for years
As the world starts to recoup its losses over the economic carnage brought on by measures to stop the Wuhan coronavirus (COVID-19), it’s becoming clear that recovery will not be easy. A new study from the World Bank states that low-income and emerging market economies will remain deeply damaged five years after the pandemic. The ongoing coronavirus pandemic has already […]
05/29/2020
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By Tracey Watson
The coronavirus crisis has resulted in the worst unemployment spike in American history
President Trump has been pushing hard for some time now for governors to throw away the keys on their states’ lockdowns and get the economy moving – and fast. There can be no doubt that President Trump is under immense pressure to provide financial relief for the American people. His stress levels can certainly not […]
05/21/2020
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By Ethan Huff
Restaurants still struggling in areas where restrictions have been lifted as many patrons still voluntarily staying home
A growing handful of states have begun their reopening phases, in some cases allowing for dine-in patrons at restaurants. But reservations are still down in many areas to such a degree that some restaurant owners are unsure if their businesses will survive. In Georgia, for instance, which was the first state to end the lockdowns […]
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