in ,

Small Businesses Closing PERMANENTLY as Economy Shuts Down! Domino Effect in 2021

SAY BYE TO SMALL BUSINESS

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

source

There is no chance in a restoration of the previous economy. It was already weak as it was but this is just too much. We have seen tremendous weakness in 2020 in the economy, only kept barely alive by a record level of stimulus which cannot fix actual problems. As a result, we are looking at a decimation of the mom and pop shops, the consolidation of big corporations, and the rise of the remaining few. The economy will never be the same again.

 

City Without a Pulse – POLITICO

City Without a Pulse

ATLANTIC CITY, N.J. – The boardwalk is empty, the beaches are deserted, and the casinos, though partially reopen, are limping into their fifth month of severely curtailed operations after four months of shutdowns. The coronavirus pandemic skewered the economic engine of this beachside town, taking the city’s vibrancy and its residents’ livelihoods out with it.

90 (2000×2007)

No Title

No Description

90 (1999×652)

No Title

No Description

On Tennyson Street in Denver, mom-and-pop shops are dying amid Covid-19

A street in Denver sags under the weight of Covid-19

DENVER – When Covid-19 hit the U.S. in March, revenue at Alyssa Manny’s yoga studio fell 60 percent to 70 percent. And it wasn’t just her. Nearly every business on Tennyson Street, in a gentrifying neighborhood about 15 minutes from downtown Denver, was hit hard by the pandemic.

Despite federal ban, renters still being evicted amid virus

Despite federal ban, renters still being evicted amid virus

BOSTON (AP) – A nationwide eviction ban was supposed to protect tenants like Tawanda Mormon, who was forced out of her two-bedroom apartment last month in Cleveland. The 46-year-old, who was hospitalized in August for the coronavirus and can’t work due to mental health issues, said she fell behind on her $500-a-month rent because she needed the money to pay for food.

Hawaii seeks to be seen as a remote workplace with a view

Hawaii seeks to be seen as a remote workplace with a view

HONOLULU (AP) – Software engineer Raymond Berger begins his work day at 5 a.m., before the sun comes up over Hawaii. Rising early is necessary because the company he works for is in New York City, five hours ahead of Maui, where he is renting a home with a backyard that’s near the beach.

Almost one-third of small businesses in New Jersey have have closed: report | TheHill

Almost one-third of small businesses in New Jersey have have closed: report

A third of small businesses in New Jersey have closed down in 2020, according to a report from The Star-Ledger newspaper. “It’s really bad… And without federal dollars coming into New Jersey, the Main Street stores and other establishments are not gonna make it through the winter.”

“Actual” Inflation Is Rising During The Recession

“Actual” Inflation Is Rising During The Recession

“Actual” consumer price inflation is rising during the recession. That runs counter to the normal recessionary pattern when the combination of weak demand and excess capacity works to lessen inflationary pressures. The main source of faster consumer price inflation is centered in the housing market. The Case-Shiller

ds-young-adults-living-with-parents.png (1200×1200)

No Title

No Description

Market Risk Elevated Heading Into Distribution Season 11-27-20 – RIA

Market Risk Elevated Heading Into Distribution Season 11-27-20 – RIA

In this issue of “Market Risk Elevated Heading Into Distribution Season.” I wanted to take a moment to say “Thank You” for your loyal readership of our newsletter. I have produced a form of this newsletter for almost 20-years. It’s incredible to see some of the same readers from the beginning.

Ensz0SgW4AAhVkO.jpg (1045×806)

No Title

No Description

PutCall-Ratio.png (900×673)

No Title

No Description


The financial system has seen more enthusiasm as interest rates have declined. More debt has been present on all levels. Personal debt like credit cards and mortgages. But also national debt and corporate debt. We are seeing more purchases of stocks, tech stocks.


— APPENDICES —


— FOOTNOTES —

No Title

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

No Title

Hmmmm…What do you think about this? pic.twitter.com/M87q3TLzv9

No Title

JANET YELLEN MIGHT BE BACK. Anyone suggesting government took over the Fed and not the other way around needs to wake up. Fed gained more control. Even Bloomberg admits it. The revolving door and the control over the public is very evident to those paying attention. #janetyellen pic.twitter.com/2lHmrIHw0T


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

SUPPORT MY WORK: https://www.patreon.com/themoneygps

PAYPAL: https://goo.gl/L6VQg9

OTHER: http://themoneygps.com/donate


AUDIOBOOK: http://themoneygps.com/store

T-SHIRTS: http://merch.themoneygps.com

MY FAVORITE BOOKS: http://themoneygps.com/books


Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2020


PLAYLISTS

The Money GPS – How To and Solutions

The Money GPS Easy eCourse


— The Money GPS —

How To Fix the Global Economy (Instagram)


No Title

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #finance #invest

 

Twitter          Instagram          Facebook


# T h e  M o n e y  G P S

Report

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

What do you think?

Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Batches of militants returning to Syria after Azerbaijan refused to accept them

#CNNTapes: CNN is Jeff Zucker’s Personal Propaganda Platform!