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No “V” in Reco_ery

These pictures are worth thousands of words:

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Drumbeats of the Epocalypse: The Economic Death March Has Come to Town!

The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said.… “This is a deeply sobering outlook, with the crisis likely to leave long-lasting scars and pose major global challenges,” said World Bank Group Vice President for […]

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Epochalypse Now: How Deep is Your Depression?

We are nearing that mid-point in July when I said we would start to see the news turn from euphoria-inducing reopening positives to depression-developing realism. Speaking of stock-market bulls who are stampeding uphill on the euphoria side, I wrote, Right now the farce is with them — reopening has arrived! And these stupid people will […]

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2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypse

The troubles listed here in my 2020 economic predictions are so severe and so likely to get even worse that it’s more difficult to imagine they won’t get worse than to believe they will. Just a few of these misfortunes would be enough to plunge us into an abyss of social and financial catastrophes.

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Zero Hedge Confirms Fed is Dead

It is always good to have a statement from the coroner when pronouncing death as I did on May 19, 2020. That is when I gave time of death and pronounced “The Fed is Dead.” You especially want the second opinion when you’re talking about Feddie Krueger, who has more extra lives than a cat […]

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Papa Powell Sees “Tremendous Human and Economic Hardship” (No V-Shaped Recovery)

Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that it will take years for the economy to return to the recent levels … we experienced just a mere four months ago. —Seeking Alpha

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George Floyd Protests and Riots in NYC, DC and Everywhere Bring Nation to Brink of Civil War

As US troops surround the Lincoln Memorial to protect it from vandals, one is reminded of the Civil War, over which this guarded stone president once presided. Those desecrating US memorials to leaders who helped Blacks in American society may be nothing more than rioting opportunists during the George Floyd protests. They may have nothing […]

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An Epocalypse Upon Us

I’ve missed a few predictions along the way, but usually only in part. When I missed, it was because I took the bad too far. The bad has almost always happened exactly when I said it would but hasn’t always been as bad as I said it would be. Now, it has all arrived and […]

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Wall Street Bulls Battle the Bears in Mother of All Recessions

FedMed proved dead awhile ago with the whole Bulls team looking dead on the field, until Team Trump, the owner’s club, joined Coach Powell. Then Powell’s coaching team upped its game; and, finally, the Wall Street Bulls revived. “Big deal!” the Bears now yell. “Let’s get back to playing ball!”

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The Epocalypse is Different This Time, Yet Much as Predicted

Four years after the following lead-in article to my Epocalypse series was written, it is coming true before your eyes. Some of it came true right after it was written. Most is happening now. You can see the events it describes overtaking us in all the ways it laid out, and you can go back […]

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The Return of the Epocalypse

In August of 2015 I started writing about The Great Recession 2.0 that was coming upon us. I called it “The Epocalypse” to signify an economic apocalypse that would be epic in scale and that would begin a new epoch on earth — a turbulent time of great global financial decline.

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Virus Impacts an Economy Already in Decline before the Crisis

The soup lines hadn’t formed yet. Jobs had not even noticeably started to dry up, but they weren’t as easy to find anymore. You had to be angry to quit without having a better job firmly in hand. Stocks were climbing furiously above an economy that had been slowly ebbing away since summer. Sales were […]

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How Dead is the Fed?

You can only be so dead, and that’s just “plain dead.” But there is also Feddy Krueger dead. The kind of dead that keeps on happening like a demonic death that won’t stay dead. It is in that nightmarish Elm St. light that I’m going to review the Federal Reserve’s death.

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The Beginning of the End: Great Recession 2.0 is Obscured but Here!

The Great Recession never ended. I say that because the deep economic flaws that caused it were never corrected. All recovery efforts since merely clouded our eyes to the problems growing larger around us, even making them worse, and now we are going back into the belly of the Great Recession.

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