RECESSION
To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.
Edgar Fiedler
COVID-19: Current Worldwide Status
Worldwide Confirmed Cases
Worldwide Confirmed Deaths
Worldwide Case Fatality Rate
Worldwide Doubling Time
Worldwide Crude Confirmed Case Rate + Worldwide Crude Fatality Rate
Worldwide case fatality rate is at 3.13. Worldwide doubling time is now at 58 days. Worldwide confirmed cases and worldwide confirmed deaths continue to rise. The spread of COVID-19 continues.
Data Sources: Our World In Data. COVID-19 Dashboard by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (JHU). Worldometer.
SOCIAL MOOD: Vulnerable
The current problem of the Unites States economy is extreme levels of debt at all levels of the economic spectrum (individuals, families, small businesses, corporations, multi-national corporations, municipalities, state and federal governments) and extremely high unemployment.
The United States economy is in a Recession. See for yourself:
The Coming Retirement Crisis Explained and Explored (w/ Raoul Pal):
How Unfunded Pensions Will Destroy Your Retirement (w/ Raoul Pal):
Raoul Pal’s Unfolding Thesis: The Shift from Hope to Insolvency (w/ Ash Bennington):
Angrynomics: Why The World is So Angry:
10 Industries Crushed By Coronavirus:
WARNING! The Financial Crisis Is Almost Here…:
THIS IS BAD! | Australian Housing Market Update:
Housing Market CRASH Coming! MASS Evictions Imminent (40 million) Banks NOT Lending. Homeless Crisis:
Everyone Should Be Prepared | The Statistics Are Frightening:
The Crisis Going On Right Now, That You Are Not Being Told About…:
Short, Intermediate, and Long-Term Outlook For Stocks:
Homeless Encampments Spread to Beaches, Golf Courses As City Takes Hands-Off Approach:
LA’s Homeless Housing Now Costs More Than Some Luxury Condos:
Curated by Mario Daurte.
Of Note is The Deflation Times weekly bulletin of the week's most notable deflation stories.
Cover photo by Photo by Patrick Schöpflin on Unsplash.
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