Second Wave of the Pandemic and the Coming Depression

Things are not going to “get back to normal”. According to Jack Rasmus, there is now a 2nd wave of the pandemic made worse by the Idiot-King’s refusal to deal with the crisis at a national level. As the crisis keeps more people out of work, and as the crisis makes people hesitant to buy things off the shelf, the real economy will worsen. But as Jack Rasmus points out, the capitalist economy was in trouble even before the pandemic. He predicts a major depression given the way things are going now.

Read Jack Rasmus