Dr Kirk Elliott, an economist specializing in precious metals, updates us with a picture of a US economy that cannot be sustained. The chief officers of HSBC and Chase, as well as of the FDIC which ensures bank deposits, are all stepping aside abruptly. Meanwhile, BRICS nations, representing 70 percent […]
Update Three: The War on Small Business Escalates Via the CARES Act
In the my past two blog posts[1] on the $2 trillion Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), which was signed into law on Friday, March 27th, I focused largely on the Paycheck Protection Program (the “PPP” program) and the greatly expanded Economic Injury Disaster Loan Program (the […]