Over in the Main Street system, meanwhile, those who qualified got a $1,200 check. If they were eligible for unemployment, they might have also gotten about $1,000 a week.
Just think about what’s happened in the past few months.The economy effectively ‘turned off’…with a 50% drop in GDP…and 20% unemployment.…The Fed ‘printed’ three trillion in the last three months.
There are two systems. One is a fraud…and the other is a rip-off. Choose your sideHere in Argentina, we live under one of the strictest lockdowns in the world.
Lost decade? What can the feds do, but print up some more money? And who will suffer most? Guess what…the same people the feds have been ripping off for the last 10–20 years!
Put the nation under house arrest (the current restrictions are only a rehearsal). And then, disappear the bastards!
In 1920, Argentina was the seventh-richest country in the world — with incomes higher than those of France, Italy, or Spain. This is the past for Argentina.And the future for America?
The Memorial Day holiday is meant to be an occasion for Americans to pay homage to their fallen heroes. And this year, Donald Trump went to Baltimore and read his lines…
Today, we consult the (fictional) ‘Argentine Economic Survival Manual’. There’s no better resource. Because there’s no cockamamie money scheme…no jackass spending program…and no underhanded rip off that the Argentines haven’t tried…at least once.
Necessity may be the mother of invention. But it is the deadbeat dad of intervention, too. The authorities use ‘necessity’ to meddle, control, tax, and spend…while providing no real support.