A Resolution Foundation survey of UK workers furloughed in the coronavirus crisis has revealed the share that have subsequently lost their jobs entirely. As this infographic shows, 9 percent of people put temporarily out of work by their employers have…
For all these reasons, the risks of systemic collapse are much higher than commonly anticipated.
The holiday season is quickly approaching, and along with it, a predictable surge in consumer retail spending for gifts and personal presents. This year brings a unique challenge, however, as COVID-19 outbreaks across the U.S. and world continue to gro…
Europe is having a second wave. The U.S. has a vastly higher death rate
Europe has lost 60 percent of its Jewish populaton since 1970 according to a new study by the London-based Institute for Jewish Policy Research. Its key findings were published by The Guardian with the decline attributed to the collapse of the Soviet U…
As the trading range on gold tightens, there are some negative signs. I’m packing it in on most of the the mining picks for the time being.
Half eaten kebabs, a broken high heel, a puddle of sick in a shop doorway – typical remnants of a Saturday night out in the city. The European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) though, measure a much less visible indicator of a ci…
The rebound from Friday’s carnage has stalled in the pre market, but indicators say, “Wait! There’s more!”
The ES fucutures need to clear 3408 to confirm that. If they roll over below that, bears could be in charge.
In any event, the worst do…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Don’t expect healthcare or any other hollowed-out, heavily optimized system to function as it once did.