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Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Authored by Jeffrey Tucker via The Brownstone Institute,
Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.
What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.
It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...
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Oct 7, 2026 / Tyler Durden
Blanche Says DOJ Is Using Fraud Laws To Combat Birth Tourism
Blanche Says DOJ Is Using Fraud Laws To Combat Birth Tourism
Authored by Tom Gantert via The Epoch Times,
Despite a Supreme Court setback in June, the Justice Department (DOJ) is working with federal immigration agencies to combat birth tourism by using existing laws, U.S. Attorney General Todd Blanche said.
Attorney General Todd Blanche speaks during an interview in Washington on Oct. 5, 2026.Madalina Kilroy/The Epoch TimesBirth tourism remains a problem, but officials are taking steps to prevent people coming to this country just to have a baby for American citizenship, Blanche...
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Mar 1, 2026 / Tyler Durden
Germany To Scrap Subsidy For Rooftop Solar
Germany To Scrap Subsidy For Rooftop Solar
Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen.
At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...
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Apr 15, 2026 / Tyler Durden
Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise
Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
The volume of businesses struggling to pay their debts in Australia is on track to exceed the heights set during the COVID-19 pandemic, according to two reports on the nation’s economic health.
Australian dollar coins and banknotes in Melbourne, Australia on April 4, 2024. AAP Image/Joel Carrett
Up to 13 percent of working-age Australians and 47 percent of secondary school students want to work for themselves or start a business, but that’s...
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