The 3 Crisis Waves Coming – Debt, Recession, Economic crisis 2020
Author: Harry
“Tsunami” Of Evictions Could Make 28 Million Americans Homeless This Summer Alone
“Tsunami” Of Evictions Could Make 28 Million Americans Homeless This Summer Alone “Tsunami” Of Evictions Could Make 28 Million Americans Homeless This Summer Alone by Tyler Durden With the pandemic continuing to sink its claws into the United States, economic conditions have also failed to improve for millions of people. As a result, nearly one-third U.S….
The Sinking Titanic’s Great Pumps Finally Fail
The Sinking Titanic’s Great Pumps Finally Fail The Sinking Titanic’s Great Pumps Finally Fail by Charles Hugh Smith The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink. On April 14, 1912, the liner Titanic, considered unsinkable due to its watertight compartments and other features, struck…
Forget the V, W or L Recovery: Focus on N-P-BForget the V, W or L Recovery: Focus on N-P-B
Forget the V, W or L Recovery: Focus on N-P-B Forget the V, W or L Recovery: Focus on N-P-B by Charles Hugh Smith The only realistic Plan B is a fundamental, permanent re-ordering of the cost structure of the entire U.S. economy. The fantasy of a V-shaped recovery has evaporated, and expectations for a…
V-Shaped Narrative Dies As Commercial Real Estate Bust Accelerates
V-Shaped Narrative Dies As Commercial Real Estate Bust Accelerates V-Shaped Narrative Dies As Commercial Real Estate Bust Accelerates By Tyler Durden, The last week of June marks the time when investors lost hope for a V-shaped economic recovery as confirmed COVID-19 cases are exponentially rising in Texas, Florida, and California, and the Tri-state area imposed quarantine restrictions on travelers. Reopening in some of these…
“Depression-Like Crisis” Unfolding With No V-Shaped Recovery Until 2023, UCLA Anderson Warns
“Depression-Like Crisis” Unfolding With No V-Shaped Recovery Until 2023, UCLA Anderson Warns “Depression-Like Crisis” Unfolding With No V-Shaped Recovery Until 2023, UCLA Anderson Warns by Tyler Durden At a time when the Trump administration continually promotes a V-shaped economic recovery from the coronavirus pandemic, a new UCLA Anderson Forecast has revised its economic forecast down, with no recovery…
3 Reasons Real Estate Could CRASH! (Nobody’s Talking About This!)
3 Reasons Real Estate Could CRASH! (Nobody’s Talking About This!) 3 Reasons Real Estate Could CRASH! (Nobody’s Talking About This!)
How Much House Can I Afford?
How Much House Can I Afford? How Much House Can I Afford? The amount of money you have set aside for a down payment, the mortgage rates your credit score qualifies you for, and the desired length of your mortgage loan term will impact how much house you can afford. Whether you are a…
Coronavirus recession will hurt low-income and emerging market economies for years
Coronavirus recession will hurt low-income and emerging market economies for years Coronavirus recession will hurt low-income and emerging market economies for years by: Franz Walker As the world starts to recoup its losses over the economic carnage brought on by measures to stop the Wuhan coronavirus (COVID-19), it’s becoming clear that recovery will not be easy. A new…
BoE Warns Of Worst Economic Slump In 300 Years
BoE Warns Of Worst Economic Slump In 300 Years BoE Warns Of Worst Economic Slump In 300 Years by Tyler Durden The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program unchanged despite the country’s worst economic slump in 300 years, caused by coronavirus lockdowns. MPC voted 7-2…
UK Home Prices Fall At Fastest Pace In Decade
UK Home Prices Fall At Fastest Pace In Decade UK Home Prices Fall At Fastest Pace In Decade by Tyler Durden Britain’s housing market has taken a serious hit during coronavirus lockdowns. Home prices tumbled the most in a decade in May as consumers were severely damaged by one of the worst recessions in centuries. Bloomberg reports nationwide…