The horrifying trend towards economic collapse caused by state mandated lockdowns continues and the very real threat of mass starvation looms ever closer, and not just for the poorest countries in the world. With estimates suggesting unemployment may rise as high as 34.6% in April we are looking at crippling rates of unemployment never seen before in American, perhaps even world, history. This is worse than the Great Depression, when unemployment rates topped out at 24.6%. The question is where do we go form here?
Category: Economics
Covid-19 and The Global Economy
The world economy is collapsing as I write this article. This is not in dispute. The question is, “Why is the economy collapsing?”