USA: Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak

The Covid-19 outbreak has been scary, but a lot of people are more frightened by government regimes than the virus itself these days. Governments worldwide, without vote or discussion, shut down major industries and severe cracks in the supply chain are beginning to show. On May 1, financial columnists Pam Martens and Russ Martens explained in a report that the economic carnage started five months before the Covid-19 virus started to scare the population. For instance, Martens details that the first death in China was reported on January 11, 2020, but the signs of an economic meltdown started on September 17, 2019. In fact, The Federal Reserve gave primary dealers a whopping $6.6 trillion before the first death from Covid-19 was reported in America.

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Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak | Finance Bitcoin News