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.
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
https://www.politico.com/news/magazine/2020/11/28/city-without-a-pulse-440300
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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
Small businesses along Tennyson Street are dying as the pandemic gains a stranglehold on the economy, and many wonder if it will hasten gentrification.
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.
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.
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.
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Market Risk Elevated Heading Into Distribution Season 11-27-20 – RIA
https://realinvestmentadvice.com/market-risk-elevated-heading-into-distribution-season-11-27-20/
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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 —
- The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?
- The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE
— FOOTNOTES —
The Money GPS on Twitter: “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. / Twitter”
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.
The Money GPS on Twitter: “Hmmmm…What do you think about this? pic.twitter.com/M87q3TLzv9 / Twitter”
Hmmmm…What do you think about this? pic.twitter.com/M87q3TLzv9
The Money GPS on Twitter: “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 / Twitter”
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
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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.
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 Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
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