Six Reasons Why Corporate Profits Will Fall 50% by Charles Hugh Smith

 

Six Reasons Why Corporate Profits Will Fall 50%

1. Reversion to the mean.

2. The Boost phase of Globalization has ended.

3. Quality and durability have been gutted.

4. Hyper-financialization has also entered the decay-collapse phase.

5. The asymmetric distribution of the economy's output favoring corporations at the expense of labor is finally shifting.

6. Debt saturation.

Covid was very profitable for hospitals by Alex Berenson | Substack

"Fewer than 300 hospitals, or about 6 percent, went from profits in 2019 to losses during Covid, while almost 800 saw their losses turn into profits. Some hospitals did far better, especially those that were profitable before 2020."

Why FDR Banned the Sale of Sliced Bread During World War II by Lawrence W. Reed | Foundation for Economic Education