Banking Elite Blaming Pandemic For Economic Collapse They Created

Posted on May 20, 2020 10:56 am
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URL https://www.newswars.com/banking-elite-blaming-pandemic-for-economic-collapse-they-created/ 

Last week the Federal Reserve released a report predicting that the next print on GDP numbers will likely show a loss 34.9% in the second quarter.

This is the biggest GDP plunge since the Great Depression; even the crash of 2008 doesn’t compare.  And when we take into account the fact that the Fed artificially boosts GDP calculations by adding in many non-productive government programs, we have to ask, what are the REAL losses above and beyond what the Fed admits to?

With the supply chain in disarray, many companies (like Apple) are trying to shift their manufacturing base to dodge the pandemic. Of course, none

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