Life after COVID: A Look at the New Economy
"What could possibly go wrong with “free money,” right?"
"What could possibly go wrong with “free money,” right?"
In the last six weeks, the Fed, BoJ and ECB have issued statements saying they are prepared to buy “unlimited” amounts of bonds.
"...global and US exports, manufacturing and freight shipments have ALL be telling us for months that a recession/depression is on the way. The export crash was not only limited to the US and China, multiple top economies including Japan and Germany have been witnessing extensive declines in manufacturing and export demand."
"So here we are on the verge of the worst economic downturn in more than a decade, and even if this outbreak miraculously ended tomorrow it would still take quite an extended period of time for global supply chains to return to normal."
"Among survey respondents who said they or their family members dealt with an unexpected expense in the past 12 months, the median amount of the largest expense was $1,750."
"...in the entire history of the United States stock prices have never been more overvalued than they are at this moment."
In 1997, Gissler’s large-scale study found that the rate of successful suicides among post-abortive women in the prior year was three times higher compared to women in the general population and six times higher compared to women who gave birth.