Who Bought the Monstrous $4.2 Trillion Added to the Incredibly Spiking US National Debt in 12 Months? Everyone but China The share of foreign holders is waning, the Fed "holds" a record amount and share Wolf Richter 20 Nov 20 1275 2
Lockdown Stone Age US Fuel Consumption Rises to Where It Had Been in… 1997 8 months later economy still stunted courtesy of the doomsday flu cult Wolf Richter 4 Nov 20 467 0
7 Months Later There Are Still 23 Million (!) on Unemployment in the US Since most states only offer benefits for 26 weeks the number will start declining rapidly soon without it meaning people are actually returning to jobs Wolf Richter 26 Oct 20 473 12
Lockdown Stone Age 400,000 Small Businesses Closed Down in the 3 Months Starting March in the US — More Than Typically in a Year Wolf Richter 9 Oct 20 421 5
Instead of Fighting the COVID Cult, Airlines Are Lining Up for Free Government Currency Why we're not seeing a big business rebellion against the Cult-occupied government Wolf Richter 1 Oct 20 343 3
Lockdown Stone Age 6 Months Later 25 Million Still on Unemployment in the US Up from just 2 million before the politicaly-mandated shutdown Wolf Richter 27 Sep 20 288 2
BubblegeddonFinancing the Empire US Issued $4.5 Trillion (!) in New Debt Over the Past Year. Foreigners Bought Just 9% of That Little foreign taste for the inflato-dollar. The Fed had to buy nearly half of it outright Wolf Richter 2 Sep 20 1186 0
The Rich Got Richer During the Lockdown, Fed Bailouts Are Kinder Than Markets The Fed threw $2.3 trillion at the top 10% to make sure they have no skin in the shutdowns Wolf Richter 24 Aug 20 442 3
Bubblegeddon Dollar’s Purchasing Power Drops to Lowest Ever “We’re not even thinking about thinking about” slowing the decline of the dollar’s purchasing power — and thereby labor’s purchasing power Wolf Richter 17 Aug 20 1307 7
US Oil & Gas Production Plunges the Most Ever: The Great Bust, Phase 2 Precisely what’s needed to end the price collapse. But last time Fed's easy money surged back into shale, courtesy of Wall Street, starting the cycle all over again and effectively subsidizing world consumption through investor losses Wolf Richter 8 Aug 20 1000 0
LockdowngeddonStay Classy MSM Media Continues to Misreport US Jobless Numbers: 32 Million — 20% of the Labor Force — Are on Unemployment Has been in the neighborhood of 30 million for 9 weeks now — was 2 million before shutdowns Wolf Richter 24 Jul 20 369 5
US Unemployment Claims Rise by Another 1.4 Million, Hit New Record of 33 Million What rebound? This keeps getting worse, and worse Wolf Richter 14 Jul 20 468 0
The Great American Shale Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Price $262 billion has evaporated so far, $55 billion just this year Wolf Richter 13 Jul 20 1730 1
BubblegeddonLockdown Stone Age Continued Unemployment Claims in the US Rise by Another 1 Million, Now at Eye-Watering 31.5 Million Four months ago this number was 2 million Wolf Richter 4 Jul 20 1181 0
Lockdown Stone Age Lockdown Stone Age: Virus Cultists Shrank World Trade 30 Percent Crime against humanity Wolf Richter 3 Jul 20 543 0
The Greater Depression Subtrack the “Giant 5” and the US Stock Market Hasn’t Made Gains Since January 2018 All that monetary fraud and it's still a ride to nowhere Wolf Richter 29 Jun 20 461 1
BubblegeddonCovid Stone Age Despite Re-Opening Continued Unemployment Claims in US Rise by 1.3 Million, Now at 30.55 Million Service industry workers returning but now corporate and public sector lay offs start — real unemployment at over 20% Wolf Richter 27 Jun 20 417 3
US National Debt Spiked by $1.5 Trillion in 6 Weeks, to $25 Trillion. Fed Monetized 90% “Debt out the wazoo" has become a factually accurate technical term Wolf Richter 8 May 20 521 3
Covid Stone Age Bone-Chilling Charts of the Collapse in US Demand for Gasoline, Jet Fuel, and Diesel Gasoline down 50% Wolf Richter 4 May 20 1041 0
The Covid Rouge The Covid Rouge Have Driven Another 4.4 Million Americans Out of Work for a Total of 26.5 Million in 5 Weeks 1 out of 6 Americans who had a job before this madness no longer has one Wolf Richter 24 Apr 20 348 2
Bubblegeddon Services Are 70% of US Economy. You Know What Happens to Services in a Lockdown? Replacing real economy with fake economy of standing in line for Fed monies Wolf Richter 3 Apr 20 929 3
6.6 Million Americans Laid Off, File for Unemployment in a Single Week And that's on top of the 3.3 million last week — happy mind virus! Wolf Richter 3 Apr 20 620 2
After Blowing $4.5 Trillion on Share Buybacks Culprits Want Taxpayer & Fed Bailouts of Their Shareholders Yet more redistribution to keep the redistributive bubble going Wolf Richter 20 Mar 20 1019 12
Bubblegeddon Panicked Fed Slashes Rates to Near 0%, Throws $700 Billion QE on Top, After $1.5 Trillion Shock-And-Awe Repos Fizzle Unprecedented measures, only they're not working, the end of the Everything Bubble nears Wolf Richter 16 Mar 20 628 8
