Prediction: US economy crash in 2nd half 2021

February 17, 2021 – NO Soundbites Allowed – Headlines speed past proclaiming that this ‘next stimulus check’ will fix the economy, and business will bloom again ‘once Covid is under control’. But has anyone looked at the numbers? Maybe used common sense logic on those grand promises? Or are they just counting on you not liking math and trusting news & politicians. So we looked at the numbers ourselves.

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Sources:

https://www.cnbc.com/2020/10/22/the-dollar-remains-vulnerable-to-significant-depreciation-standard-chartered.html https://www.ncsha.org/wp-content/uploads/Analysis-of-Current-and-Expected-Rental-Shortfall-and-Potential-Evictions-in-the-US_Stout_FINAL.pdf

https://youtu.be/TyKucX-La0o https://www.cnbc.com/2020/12/04/analysts-predict-further-weakness-for-us-dollar-next-year.html https://news.syr.edu/blog/2020/12/14/a-record-breaking-amount-of-evictions-is-likely-to-occur-in-january-2021/

https://youtu.be/bm9SLw03Nlg https://www.pionline.com/special-report-outlook-2021/us-dollar-forecast-depreciate-further-2021 https://youtu.be/YIulCJFSlHM

https://fred.stlouisfed.org/series/CPIUFDSL https://fred.stlouisfed.org/series/CUUR0000SA0R https://www.bls.gov/opub/reports/minimum-wage/2019/home.htm https://www.brookings.edu/blog/the-avenue/2019/11/21/low-wage-work-is-more-pervasive-than-you-think-and-there-arent-enough-good-jobs-to-go-around/ https://portal.census.gov/pulse/data/ https://morningconsult.com/2021/02/12/analysis-1400-stimulus-coronavirus-relief-check-help/

https://www.businessinsider.com/stimulus-check-allow-million-americans-pay-bills-through-mid-july-2021-2 https://www.bls.gov/news.release/empsit.a.htm

About the Author

Michael Vass
Born in 1968, a political commentator for over a decade. Has traveled the U.S. and lived in Moscow and Tsblisi, A former stockbroker and 2014 Congressional candidate. Passionate about politics with emphasis on 1st and 2nd Amendments.

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