The USA real economy is in a freefall collapse. You only have to look at the weekly new unemployment applications being filed. Last week it was nearly 1 million … in only one week. It is estimated at least 30 million have lost their employment in the last 12 months.
Don’t believe the government issued numbers. Any numbers. From economics numbers to the magic virus numbers. Its all dog shit.
This is all by design to deliver on an agenda. Domestic terrorism Act likely to get enacted to stop dissent.
Expect that this economic freefall will worsen. We are a long way from seeing a bottom.
This means that a huge wave of more debt will be piled on, again by design.
This also means that the stock markets are going higher. As debt is now the fuel for the market.
Expect cryptocurrencies to also gain, as fiat currency seeks assets with no debt obligation.
Also expect the price action of gold and silver to remain suppressed, by JP Morgan and the bullion banks. But this is as an opportunity, because the debt expansion will continue for the foreseeable future, and at some point these bad actors will be unable to contain a cap on the precious metals. Do not expect the regulators to take any action against JP Morgan, apart from a slap on the wrist.
Meanwhile agriculture commodities, wheat, corn and sugar have started new BULL markets. Food prices are going much much higher, and as more folks end up in the unemployment lines, starvation and mass homelessness will start to appear. But do not expect the government narrative to reveal this. Its more likely deaths from starvation and homelessness, will be put down to Covid-19.