'DOWNGRADE: 24% contraction — thats another downgrade of economic outlook because of #COVID19. We must prepare for a much longer recession / depression now.
<blockquote>'Goldman Sachs is now projecting a massive U.S. economic contraction in the second quarter of the year.
The bank is forecasting a 24% decline in economic activity next quarter, compared to their previous forecast for a 5% decline - Walter Bloomberg, (
Source, March 20, 2020)</blockquote>
- Dr. Eric Feigl-Ding (
Source, March 20, 2020)
ContextCharles Nenner - No Way to Avoid Coming Depression, March 12, 2020
Trump Asks States to Hide Unemployment Claim Data, March 20, 2020
(Banking Reform) - 'I have serious doubts contemporary finance will pass this test .. for centuries, post-Bubble post-mortem would invariably fault the instability of “fractional reserve banking.”..'(Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..'(Focus Fusion) - How We Will Get to Net...Energy(Global Healing 2020 - 2050)(Fusion Energy) - Total Transformation - '..the elimination of want.'