GDP & Consumer Confidence in Crash Mode

by Martin Armstrong
Armstrong Economics

The impact of Coronavirus is far worse than most can imagine. GDP dropped 32% during the 2nd-quarter which is a new historical record surpassing every recession and the Great Depression of both the 19th and 20th centuries. The epidemiologists cannot be this stupid. The people who have died because of a lack of healthcare during this trumped-up pandemic is serious. Many have been denied healthcare and others have been afraid to even go to the hospital. I myself went to the ER and ended up in a COVID wing for two days and it took two negative tests to get out. Everything has become COVID. In Florida, a young man killed in a motorcycle accident ended up on the death list of COVID. The numbers are being manipulated and the fraud is massive.

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