Welcome to Great Depression 2.0; It is Enough to Make One Greatly Depressed By Chris Knight
I moved back to the US, my original home, at the wrong time, just before the corona freak-out began, and walked right into the lock downs, backed by the iron fist of the law. And, 40 million, no 41 million unemployed, soon to be more than double the entire population of
Australia:
https://www.zerohedge.com/personal-finance/over-40-million-jobless-10-weeks-nobody-ever-imagined-it-would-get-bad-so-fast
https://apnews.com/a6e6f1304949a98e9def3d82092ce25e
The Democrats and Republicans are set to war about extending the unemployment benefits into this year and maybe next. The harder-nosed Republican neo-cons think that letting the millions die of starvation would be more economical, since migrants can always be brought in to soak up any spillage. Things are so bad that Walmart is selling second hand goods, because people are now too poor to buy new stuff. And, we have not even hit the bottom of the barrel yet!
https://www.zerohedge.com/markets/walmart-now-sells-used-clothing-unemployment-nears-great-depression-levels
America is burning now, as taste of what is to come.
Comments