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Pandemic, Economic Collapse, Full Societal Breakdown

...one generation shuns credit like the black plague of death.  The next laps it up like pigs eating slop.  What are the lessons from yesterday to be applied to tomorrow?

  • Jun 6, 2020 8:10 AM

"Extreme" Looters Are Using Absolutely Crazy Tactics Never Seen Before

Do you have to go to “looting school” to learn this stuff?

  • Jun 5, 2020 8:00 PM

Student Loan Relief Stalls After Wall St. Beats Consumer Financial Protection Bureau In Court

Many of the loans, made more than 10 years ago, have ranked among the "worst-performing student loans ever packaged into securities."

  • Jun 4, 2020 2:05 PM

Some Facts Worth Knowing

...if the U.S. "poor" were a nation, then it would be one of the world's richest.

  • Jun 4, 2020 11:05 AM

Lockdowns "Maximize Economic Pain For Minimal Health Gains"

The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.

  • Jun 4, 2020 10:30 AM

"Only" 1.87 Million Americans Started To Claim Unemployment Benefits Last Week

...we have lost 380 jobs for every confirmed US death from COVID-19 (107,175).

Was it worth it?

  • Jun 4, 2020 8:37 AM

A Third Of Americans Who Lost Their Job Due To COVID Still Waiting For Unemployment Benefits To Arrive

More than 40 million people have filed for unemployment amidst the economic shutdown...

  • Jun 3, 2020 9:20 PM

Canadian Car Sales "Recover", Only Crashing 44% In May, After April's 75% Plunge

Additionally, new vehicle sales fell an estimated 75% from a year ago. 

  • Jun 3, 2020 6:40 PM

37% Of Americans Say They Would Give Up Porn For Better Sleep During COVID Crisis

The answers to this survey might surprise you...

  • Jun 1, 2020 11:50 PM

Auto Sales Plunge 33% In May, Set For Worst Year Since 2009

While industry analysts believe a turnaround is imminent, analysis from B of A indicates that demand could be drying up...

  • Jun 1, 2020 9:10 PM

Pompeo: China Is Intent Upon The Destruction Of Western Ideas, Western Democracies, And Western Values

"It puts Americans at risk, whether it’s stealing American intellectual property or destroying jobs here in the U.S."

  • May 31, 2020 8:13 PM

Used Car Prices Offer Brief Respite After Plunging Below Forecasts Last Month

J.D. Power's weekly wholesale auction price index is now only down 1.9% from where it was expected prior to the virus. But how long will it last?

  • May 30, 2020 8:00 PM

Chinese Cheating Rampant In US College Applications, And In Classrooms

"Cheating is pervasive in China, driven by hyper-competitive parents and aggressive agents..."

  • May 30, 2020 6:30 PM

Forbes Exposes Kylie Jenner's "Web Of Lies", Says "Youngest Self-Made Billionaire" Only Worth $900M

Forbes is removing Jenner from its billionaires' list...and instead they'll be placing her on the close but no cigar list...

  • May 29, 2020 6:10 PM

Nearly Half Of Small Business Owners Expect To Close Down Permanently

In truth, the economy was a Fed-induced bubble before the pandemic...

  • May 29, 2020 11:57 AM

UMich Sentiment Disappoints As 'Hope' Hits 7-Year Lows

...consumers reported hearing more negative economic news in May than at any other time in the long history of the surveys

  • May 29, 2020 10:12 AM

"Perfect Storm" Of Auto Thefts Sweeps US During COVID Lockdowns

The link between high unemployment and crime has been... 

 

 

  • May 28, 2020 10:25 PM

Thursday Humor: Protestors Criticized For Looting Businesses Without Forming Private Equity Firm First

"I understand that people are angry, but they shouldn’t just endanger businesses without even a thought to enriching themselves through leveraged buyouts and across-the-board terminations..."

  • May 28, 2020 10:05 PM

Retail Store Closures Have Huge Impact On Communities

Retail closures come with a hidden cost to society that the average person fails to internalize...

  • May 28, 2020 11:15 AM

Pending Home Sales Plummet 35% YoY - Biggest Drop Ever As Buyers Forfeit Deposits

"...this huge drop would indicate buyers forfeiting the deposit and walking away as they think the loss on the purchase would be higher than the deposit itself!!!

  • May 28, 2020 10:07 AM

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