This post A “Massive Welfare Economy” appeared first on Daily Reckoning.
The worst quarterly decline in American history… Millions are out of work, GDP collapses — and personal disposable income soars…
The post A “Massive Welfare Economy” appeared first on Daily Reckoning.
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This post The Evils of Government Statistics appeared first on Daily Reckoning.
“Statistics are the bureaucrat’s fiercest weapon”… What is the true unemployment rate?… The only good bureaucrat, according to the Sage of Baltimore…
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This post Depression and the Great American Exodus appeared first on Daily Reckoning.
The economy may not reach 2019 output levels until 2023 at the earliest, and full employment may not return until 2025…
The post Depression and the Great American Exodus appeared first on Daily Reckoning.
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This post “Great Job Numbers” appeared first on Daily Reckoning.
“Great job numbers”… The Bureau of Labor Statistics admits to another “misclassification error”…
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South Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data showed on Tuesday, highlighting weakness in the economy even before it was battered by the COVID-19 pandemic. Afr…
Unemployment rate hit record high of 30.1% before virus Read More »
This post About Today’s “Blowout” Jobs Report appeared first on Daily Reckoning.
The May unemployment report shocks the experts, sends stocks rocketing…
The post About Today’s “Blowout” Jobs Report appeared first on Daily Reckoning.
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This post The Worst Jobs Report in History appeared first on Daily Reckoning.
20.5 million Americans lost their jobs last month, stocks soar on the news…
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This post Recovery by the End of the Year? appeared first on Daily Reckoning.
Expert with a “perfect record calling recessions” predicts a recovery by early next year…
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This post Are We Wrong About Reopening the Economy? appeared first on Daily Reckoning.
The false choice between reopening the economy and saving lives…
The post Are We Wrong About Reopening the Economy? appeared first on Daily Reckoning.
Are We Wrong About Reopening the Economy? Read More »
This post Markets and Black Swans appeared first on Daily Reckoning.
Jim Rickards shows you why “black swan” events happen much more frequently than traditional models would indicate…
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