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Money

Yelp Reveals 60% Of Business Closures Are Now Permanent

September 21, 2020 ZeroHedge 2

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

Middle Class Squeezed Out as California Economy Falls

May 15, 2018 Fox News 2

Victor Davis Hanson says that the economic distribution in California is Medieval because wealthy people on the coast, who make policy decisions, are not subject to the ramifications of their own ideologies, laws, and regulations that are imposed on the rest of the population. Because of this, an estimated four to five-million people from the middle class have left the state, replaced by illegal aliens from Mexico. [This cannot end well.]