from ITM TRADING, INC.:
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by Michael Snyder, The Economic Collapse Blog:
The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020. We have never seen that many businesses wiped out in such a short period of time in the entire history of our country. Meanwhile, we have seen a tsunami of unemployment that has been absolutely unprecedented. More than 70 million new claims for unemployment benefits have been filed during the pandemic, and the number of new claims each week continues to hover at a level that is about three times as high as we witnessed before the pandemic. Currently, the Economic Policy Institute is telling us that “25 million American workers are either unemployed, underemployed or have pulled out of the workforce entirely”. This economic depression has already been extremely painful, and many experts believe that a whole lot more economic pain is still on the horizon.
by Jon Rappoport, No More Fake News:
Wikipedia: “John Dewey (October 20, 1859 – June 1, 1952) was an American philosopher, psychologist, and educational reformer whose ideas have been influential in education and social reform. He was one of the most prominent American scholars in the first half of the twentieth century…Dewey was one of the primary figures associated with the philosophy of pragmatism and is considered one of the fathers of functional psychology.”
Good evening, ladies and gentlemen and other genders. I am Field Marshal Hermann Mao Octavio Pinochet Dulles, Chairman of the Joint Philosopher’s Committee of the World Economic Forum, the Bilderberg Group, the Trilateral Commission, the CFR, and the CDC/WHO.
by John Rubino, Dollar Collapse:
So a single political party gains control of a lockdown-battered country desperate for any and all forms of government spending. Direct payments, loan forgiveness, infrastructure, all of these and more are not just possible, but popular. The president and his Congressional allies simply write the bills, pass them, and bask in the near-universal admiration of their generosity. In fact, the only real criticism comes from their own party’s left wing, which demands even higher spending, bigger deficits, and faster money printing. It’s like being a kid in a candy store.