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From the perspective of US federal debt, the US is now under war footing...

Argentina decision to postpone payments on up to $10 billion of dollar debt issued under Argentina-law until (at least) the end of the year, is an event of default.

40% to 60% drops in revenue over the last 30 days...

"We know that your efforts have been frustrated with system issues, policy questions and slower than usual responses."

And just like that, the big banks are about to make a killing (again) by "helping" America's middle class... and all thanks to the Fed.

Mainstream media is now practically shaming people for withdrawing cash to save during a crisis.

"The forecast that we released in March - we weren’t imagining the world that we’re living in right now."..."We have no money."

"We are still stuck on second base with 2 outs in the ninth inning."

Some governors take a firm line against a state-wide 'one size fits all' approach fearing decimation of local economies...

"Fauci has bulletproof job security... He has the luxury of looking at the world through the narrow lens of his profession."

...the lesson is simple... when the economy is melting down, do nothing because the free market will self-correct and naturally return to a healthier equilibrium...

"DHS’s rule on the H-2B cap is on hold..."

Bryant has been inducted alongside Tim Duncan and Kevin Garnett...

The global financial crisis of 2008 was a garden variety slowdown in the economy by comparison, and that what is taking place now is nothing short of a depression:

"Even as Delta is burning more than $60 million in cash every day, we know we still haven't seen the bottom."

This is how America's bailed out banks repay the taxpayers that rescued them in 2008... and in 2020.

"The US economic recovery will be more drawn out than previously anticipated, marked by a deeper drop into recession and slower climb out. "

...indicates that the economy contracted 5% in March, but with more measures to fight the virus outbreak being taken this decline will likely be eclipsed by what we see in the second quarter.

Steven Mnuchin said that he will double the interest rate on the PPP loan from 0.50% to 1.00% to appease banks seeking higher rates and lend money to the same taxpayers who bailed them out 12 years ago.

"This is an unprecedented event. The great financial crisis happened over a number of years. This is happening in a matter of months - a matter of weeks."