Today the Wall Street Journal has a story on how the debt-ridden households of America are coming to the end of their ropes. But its MSM narrative for the default calamity now gathering a ferocious head of steam could not be more ass-backwards:
Lenders are declining to defer payments for some borrowers who were behind on their payments before the coronavirus laid waste to the U.S. economy.
Baloney! Or as Dennis Prager tartly observed:
The forcible prevention of Americans from doing anything except what politicians deem ‘essential’ has led to the worst economy in American history since the Great Depression of the …read more
Source:: Ron Paul Institute