ZeroHedge Search

In the relentlessly circular world of MMT, government is the source of all finance and in effect all wealth...

Fear of COVID-19 absolutely crippled the U.S. economy during the first half of this year, and now it appears that there are some people that are pushing for that to happen again during the second half of 2020...

"To call this crisis a recession is a misnomer." 

Where money flows and who it enriches is a key component of economics, the failure to consider this is a blind spot many people have...

Is the 'V' you've been looking for?

...for those whose jobs, businesses and rental income depend on tourism, the pain has only just begun.

...even if COVID-19 disappeared today, the economy isn’t going back to “normal.”

COVID may be "less deadly" than originally thought and there may have been as many as 8.7 million cases during the last three weeks of March, versus roughly the 100,000 that were reported...

Mayor of Mexico City says there has been "some" structural damage...

...while both surveys did increase notably, they both missed expectations...

This was led by improvements in production and employment-related indicators (57 of the 85 monthly individual indicators made positive contributions, while 28 indicators affected the index negatively).

While it is relatively easy to predict that the post-corona economy will suffer from high unemployment, the outlook for price inflation is not so certain...

In short, the 2020 recession will usher in a new “Progressive Era” of the early 1900s, or, more accurately, another “Regressive Era.”

Over the last several decades, the Federal Reserve and the US government have almost exclusively directed their policies toward “stimulating” spending. Artificially low interest rates incentivize borrowing and discourage savings.

In addition to the five players, three staff members have tested positive, though the identities of those infected aren't known.

The world’s top soybean importer intends to step up buying of everything from soybeans to corn and ethanol after purchases fell behind due to coronavirus disruptions.

All 27 EU member states posted double digit declines in new car sales, with the U.K. falling an astounding 89%. 

"This is only half of the line of people waiting to have unemployment claims resolved..."

Too many people who should know better are taking a big bounce in retail sales as a sign that an economic recovery is well underway...

... the rebound "unfolded slower than we anticipated... We do not believe we will reach 2019 freight activity levels until 2021 (at the earliest)..."