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Coronavirus crisis slams US economy

   June 27, 2021  46 Comments on Coronavirus crisis slams US economy

Laid-off workers voice their concerns about how they’ll make ends meet as bill due dates creep up.

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46 thoughts on “Coronavirus crisis slams US economy”

  1. Settling up an investment that would benefit you is something one would be aiming towards. I wasn’t really a fan of online business because I have actually been doubting this all my life because I have been taken before by several scammers. But after my encounter with AUSTIN my prospective of online trade changes and I I’m now a millionaire from bitcoin

  6. Meltdown: A Look at Why the Economy Tanked and Government Bailouts Will Make Things Worse  Audible Audiobook – Unabridged
    Thomas E. Woods Jr. (Author), Alan Sklar (Narrator), Tantor Audio (Publisher)
    The media tells us that "deregulation" and "unfettered free markets" have wrecked our economy and will continue to make things worse without a heavy dose of federal regulation. But the real blame lies elsewhere.

    In Meltdown, best-selling author Thomas E. Woods, Jr., unearths the real causes behind the collapse of housing values and the stock market—and it turns out the culprits reside more in Washington than on Wall Street. And the trillions of dollars in federal bailouts? Our politicians' ham-handed attempts to fix the problems they themselves created will only make things much worse.

    Woods, a senior fellow at the Ludwig von Mises Institute and winner of the 2006 Templeton Enterprise Award, busts the media myths and government spin. He explains how government intervention in the economy—from the Democratic hobby horse called Fannie Mae to affirmative action programs like the Community Redevelopment Act—actually caused the housing bubble. Most important, Woods, author of the New York Times bestseller The Politically Incorrect Guide to American History, traces this most recent boom-and-bust—and all such booms and busts of the past century—back to one of the most revered government institutions of all: the Federal Reserve System, which allows busybody bureaucrats and ambitious politicians to pull the strings of our financial sector and manipulate the value of the very money we use.

    Meltdown, which features a foreword by Congressman Ron Paul (R – Texas), also provides a timely history lesson to counter the current clamor for a new New Deal. The Great Depression, Woods demonstrates, was only as deep and as long as it was because of the government interventions by Herbert Hoover (no free-market capitalist, despite what your high-school history teacher may have taught you) and Franklin D. Roosevelt (no savior of the American economy, in spite of what the mainstream media says). If you want to understand what caused the fi…

    https://www.amazon.com/Meltdown-Economy-Tanked-Government-Bailouts/dp/B001UL7NY4/ref=sr_1_fkmr0_1?dchild=1&keywords=collapsed+economies+collapsed+of+capitalizationi&qid=1588004494&s=books&sr=1-1-fkmr0

  8. Behind closed doors crooked politicians and their criminal friends on Wall Street and in the City of London say, "Let them eat cake." Oh me oh my! Let us shut the country down for the rest of the year. I am sure that most of you have enough resources to survive until Spring of 2021. Seriously, even if all of you get back to work by June, tens of millions of you will have no job. Buy low and sell high! While you are all fiddling with masks and disposable gloves the crooks in Washington D.C., their criminal friends on Wall Street, and Red Chinese investors are getting ready to buy foreclosed homes and other properties. Buy low / sell high, kiss your paycheck and your property GOODBY! My condolences-

  9. Look, we all know corona is fake. SO let’s talk about action. Business owners worldwide need to revolt, since these “restrictions” are not even legal, are not laws, and are not enforceable. They need to refuse to pay fines, take everything to court, and hire attorneys. When are people going to stand up and quit bending over? This is a test, and everyone is failing in truly spectacular fashion.

  11. Unbelievably sad and dumb that a country that rich doesn't have an adequate social safety net.. The legal guns, political division, biased media, and lack of education will probably not work out well either. And than I'm not even addressing the fact that an obvious moron/toddler (who is not even trusted or respected by it's own allies) is leading the country through this crisis. Good luck America.

  12. Lies. Walmart had two employees come down with coronavirus at the location right up the street from us, and that store stayed open 🙄

  17. Why must this frightening story be reported by “sword fighters” “fanny bandits” and a crying “breeder”? We are in a crisis, maybe we can place the LGBTQHKDOPHDGMJYW18365 agenda on the back burner.

  22. So embarrassing for a "super power". It has indeed a strong military but
    crime rate, health care, social justice, support for the homeless and
    workless and racism is just terrible in this country. Hopefully the
    American people will learn something from this crisis.

  23. So embarrassing for a "super power". It has indeed a strong military but
    crime rate, health care, social justice, support for the homeless and
    workless and racism is just terrible in this country. Hopefully the
    American people will learn something from this crisis.

  27. if food services weren't washing their hands every 30 min before that mandate in LA, then how often were they washing their hands………..

  29. Average Americans don't have much influence on politics and the economy The system is a problem. And the system is corrupted and evil. Unfortunately, when the system is in a crisis than average people will suffer.

  30. But but everyone says the economy is the last of our worries. Lol people can’t see past the mainstream news. Don’t worry the economy doesn’t matter orange man bad

  33. America and European countries should launch direct war against China. Because china already started biological war against them.

  36. Slams? No annihilated the economy
    At least during the Depression you could work
    Government has banned people from making a living. That will affect everyone. The virus very few relatively

  39. You Americans made your whole life based on loans and bills , even during this pandemic , the government offers more LOANS , for the god's sake , I live in a wholly different country and I feel stressed just thinking of this.

  46. Why am I watching news interviewing pure gay people??? Like … do they represent all America ??? 🙄 ABC turned all liberal on us.

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