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Shell is the latest major energy company to announce sweeping cuts to save money after the spread of coronavirus hitting every part of the economy.
Sep 30, 2020 - 04:30:53 PDT
Carnival Cruise Line is taking steps to terminate and/or not renew the contracts of employment of several thousands of officers and crew members.
A day before mass furloughs, U.S. airline workers said they were gearing up for a full-court press to persuade Congress to pass a fresh $25 billion bailout that would protect jobs for another six months.
The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he’ll be among roughly 40,000 airline workers whose jobs are likely to evaporate in...
Disney to Lay Off 28,000 Workers, Exec Says California ‘Exacerbated’ Pandemic’s EffectsSep 30, 2020 - 04:19:55 PDT
The massive job reduction was the most eye-opening among several severe cost-cutting measures made by Disney, which has lost billions of dollars in potential...
Disney to Lay Off 28,000 Employees as Coronavirus Slams Its Theme Park BusinessSep 30, 2020 - 04:19:55 PDT
The massive job reduction was the most eye-opening among several severe cost-cutting measures made by Disney, which has lost billions of dollars in potential...
If you care about your health, and the role of science in shaping policy, this video is for you.
The coronavirus has infected more than 33.4 million people globally as of Tuesday, killing more than 1 million people so far.
It has been going on for decades, and news of convictions & settlements is coming fast. Is the manipulation over? Don't think for a...
There's something taking place in the silver market that has Central Bankers extremely worried. No, I am not exaggerating. I have created a chart, never seen before, that shows how investors are putting a severe strain on the global silver supply. This has a profound implication for the silver market...
If there is a second wave, the government will likely launch “handouts on steroids”. If that happens, green shoots on the gold charts will become...
Gold prices reclaim the psychologically important $1,900 an ounce mark on Tuesday to mark their highest settlement in a week, as a pullback in the U.S....
When debt becomes unsustainable it means you’re heading for a crack-up, which includes either default, restructuring or high inflation. Take your pick; they’re all bad outcomes.
"Why would I buy gold if I already own silver?" That's one of the most common questions we get at GoldSilver.com, tune in to today's video to hear Mike Maloney's answer.
Sep 29, 2020 - 12:18:34 PDT
What is a balance sheet recession? Simply put - credit bubble goes pop.
It's A Wrap! Six Traders (Wow, So Many!), Not Even A Billion Bucks Fine, And Blythe Gets Off Scot Free!September 29, 2020
The CFTC and the Just Us Department are really cleaning house now!
New York Fed President John Williams, who is a key adviser to Fed Chairman Jerome Powell, said that he doesn’t see any sign of high inflation.
The next two decades of U.S. growth would look like the last two decades in Japan. Not a collapse, just a slow, prolonged stagnation. This is the economic reality we are facing.
And neither monetary policy nor fiscal policy will change that.
“Secular stagnation will contribute to the Japanification of the global economy,” says Summers. Thirty years of Japanese economic history demonstrate what that looks like.
The Fed’s own data illuminate the historic Monetary Disorder that today runs wild. The Federal Reserve’s balance sheet. Treasuries. Debt and Equities Securities. The banking system. The Household balance sheet. Rest of World holdings. In short, finance has completely run amuck, with the data corroborating the super cycle “end game” thesis.