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Money

Yelp Reveals 60% Of Business Closures Are Now Permanent

September 21, 2020 ZeroHedge 1

Despite Washington DC and the Federal Reserve injecting more and more money into the real economy, creating unstable artificial growth, the economy has hit a road block. Yelp reported that 97,966 businesses, or about 60% of closed businesses, will never reopen their doors again.

Money

Why Did Mega-Corporations Accept COVID-19 Lockdowns?

July 24, 2020 Jon Rappoport 1

BlackRock, State Street, and the Vanguard Group are the ‘Big-Three’ investment firms that are said to own corporate America. They are heavily invested in the medical, pharmaceutical, and vaccine industries, all of which stand to enjoy obscene profits from treatments for the flu – renamed COVID-19.

Money

Are Bankers Planning Bail-Ins Using Depositors’ Money?

July 15, 2020 James Corbett 0

Bank depositors risk losing a portion of their bank deposits. However, since each account is protected by the Federal Deposit Insurance Corporation up to $250,000, the scheme would covertly revert back to passing the bill to taxpayers to fund the FDIC, which quickly will be bankrupted by the demand for payouts.