Dark Winter By Charles Taylor

You Aussies may be getting into the swing of things with bushfires and heat waves, like 540 C, sorry 50 C and so on, but here in the USA it is a deep, dark winter, a New Dark Age, as Biden said in his best senile Game of Thrones’ voice. People will be suffering, but not in their homes, which are lost in space.

https://www.zerohedge.com/personal-finance/dark-winter-millions-americans-expected-lose-their-homes

“A dark covid winter is descending on the working-poor of America as millions of adults face eviction or foreclosure in the next few months. Bloomberg, citing a survey that was conducted on Nov. 9 by the U.S. Census Bureau, shows 5.8 million adults face eviction or foreclosure come Jan. 1. That accounts for 32.5% of the 17.8 million adults currently behind rent or mortgage payments. 

On Monday, we noted that on Dec. 31 many of the key provisions in the CARES Act are set to expire if there is no action from Congress. This could be catastrophic for 12 million America who will lose access to their Emergency unemployment benefits activated in the aftermath of the covid pandemic, which alone could be a drag of up to 1.5% to growth in 1Q, according to a recent Bank of America report.

The survey points out at least half of households in Arkansas, Florida and Nevada are not current on rent and mortgage payments - equating to 750,000 could face an eviction come early 2021. 

On a city by city basis, New York City, Houston, and Atlanta had the greatest threat of evictions come early next year.”

We have not seen anything yet, since if Beijing Biden creeps into the presidency, then he will have a lockdown for maybe 3-6 months, totally finishing of the  US economy, and Australia to boot.  For China, his one true love; for China, this American president.