Perhaps it’s the final chapter (singular) as opposed to plural or even worse, perhaps it’s already over? And sad to say, there are many out there who study the social and moral decay of this country who could articulately and eloquently argue that the United States of America has already ended for all intents and purposes. In today’s discussion we highlight the continued expansion of the Federal Reserves balance sheet, which now stands at over $6.3 trillion and growing rapidly – mainly for the benefit of Wall Street and Corporate America. And of course with very little to no oversight. We also discuss the $25 billion airline bailout and some of the terms of this agreement between the government and the airline industry. Of course the airlines weren’t too thrilled with some of the conditions – further showing their shamelessness and making it appear as if these bailouts are simply a part of the process and that they’re well deserving.
Other mentions pertained to Boeing opening up production next week. This is despite the fact that airlines remain grounded and Boeing losing some 300 orders for new jets. Raises the question, what then are they producing? Perhaps war planes, drones, or other aircraft for defense/war purposes? We hope not, but remember, when all else fails, they take us to war. And lastly, we note some of this increased language about the lack of transparency from China with respect to COVID19. This is likely to continue and may very well start some sort of conflict and/or war – whether that’s bio, cyber, economic, or kinetic. It’s also quite possible that there may be a proxy-war that could likely erupt in Iran and/or Venezuela, as we have been noting here for months. It’s not a pretty picture and conditions are likely to get much worse before they get better. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Recession #Bailouts #EndTheFed #Debt #USA #Depression #Oil #Gold #COVID19