The financial crisis of 2008 was a cake walk compared to this. All that happened in 2008 was real estate prices fell, borrowers defaulted, and lenders lost money. Today global commerce is grading to a halt. Production is shutting down. This crisis is economic, not merely financial.
Blog Archive
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2020
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March
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- Gold Isn't A Fear Trade
- Thoughts On Trump's Infrastructure Spending Plans
- You Are Paying For The Bailouts!
- The US Dollar Is Entering a Tailspin
- Gold Is The Safe Haven
- Gold: How It Reacts During Crisis
- Bailing Out The Airline Industry
- QE Infinity Will Crash The U.S. Dollar
- Gold Will Skyrocket
- Inflation Is Coming
- This Crisis Is Economic, Not Merely Financial
- Game Over!
- The Russell 2000 Index Is Down 33% From Its High
- This Is Similar To 2008
- Why Own Bitcoin?
- The Fed Will Cut Rates To Zero
- The Dow Jones Transports Is In Bear Market Territory
- How A Recession Really Happens
- The Fed Can’t Stimulate The Economy During Downturns
- Trump Cannot Beat Biden In A Recession
- The Last Thing The Fed Should Do
- Stocks: Sell-Off or Crash?
- The U.S. Economic "Recovery" Was Based On A Stock ...
- Sanders Generates Enthusiasm By Promising Free Stuff
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March
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