This week, the European Central Bank said it will keep rates low until it sees inflation near its 2% target. As they said, this ‘may also imply a transitory period in which inflation is moderately…
Turns out the real unemployment rate in the US is likely higher than expected…way higher. I mean, this isn’t a huge surprise.
‘TRUMP WORST PRESIDENT EVER’, one banner read… While another said, ‘TRUMP YOU PATHETIC LOSER GO BACK TO MOSCOW’. What kind of way is that to treat an aging patriot?
You’ll recall from yesterday’s Diary that there are only two important things a president has to do: He has to protect the American people…and their property. Like two banks of a river, they can never be entirely separated.
Birds gotta fly. Fish gotta swim. And a degenerate empire has to find its way down from the peak, one stumble at a time. Each president has to take the fall assigned to him.
As foretold, more stimulus is on the way. Biden says the feds have a ‘moral obligation’ to provide money they don’t have to people who don’t need it.
Lockdowns may cost more lives than they save. This is important when weighing the total effect of a public health policy across all of the population.
Financially speaking, it’s been a crazy year. We’ve seen massive government stimulus…a stock market crash and rising unemployment. And at the same time, pretty much almost everywhere you look things are looking up…
Since the US stepped up its stimulus efforts in 2008, the rate of wealth creation has been cut in half. So, Mr Biden…more stimulus? Sure, why not.
Like the Jeff Bezos-owned Washington Post moniker, ‘Democracy dies in the darkness’, it’s just a slogan. The US is controlled by a political oligarchy that has only grown more powerful via its alliance with the…