Month: March 2020

by robdels I’ve been travelling for the past few weeks and I’ve come to the conclusion that these are all f*cked. Flights that usually sell out are empty. Either myself or my close colleagues have personally seen the following flights with ~50% capacity in the past week: NYC to LHR NYC to MSP NYC to DTW … Read more

Last Friday's #crude oil drop was the biggest in 5 years. Tonight's drop will make Friday's drop look like peanuts. #OOTT #WTI $USO pic.twitter.com/u7RowqNjMa — IV (@iv_technicals) March 8, 2020 Oil now a ‘bigger problem for markets than the coronavirus,’ analyst says Oil prices plunged on Friday as OPEC and its allies failed to reach … Read more

A Self-Inflicted Crisis: Overregulation has played a dangerous role in America’s coronavirus outbreak. It’s troubling that community spread in Washington State and other parts of the U.S.—possibly affecting hundreds to thousands of individuals—wasn’t detected sooner. Overregulation of diagnostic testing has played a major role in this delay. For weeks, the CDC operated the nation’s sole … Read more

There may be additional disinfectants that meet the criteria for use against SARS-CoV-2. EPA will update this list with additional products as needed,” the agency stated. Some of the product brands on the EPA’s list include: Clorox Healthcare Bleach Germicidal Cleaner Spray Clorox Disinfecting Wipes Lysol Disinfectant Max Cover Mist Professional Lysol Disinfectant Spray Purell … Read more

There is a reason for canceling public gatherings. In a pandemic, don't be Philadelphia (held a parade in 1918 when cases started to come up, downplayed cases), be St. Louis (canceled gatherings). More here: https://t.co/KE7RYbxDGM @mlipsitch pic.twitter.com/wyrHx0nOLA — Florian Krammer (@florian_krammer) March 6, 2020 There is a reason for canceling public gatherings. In a pandemic, … Read more

Ana Cabrera @AnaCabrera · 49m #coronavirus: The U.S. Surgeon General says the U.S. is moving from a containment phase to a “mitigation phase, which means… you’re going to see more cases. Unfortunately, you’re going to see more deaths. But that doesn’t mean that we should panic. #coronavirus: The U.S. Surgeon General says the U.S. is … Read more

Biden Steps In It Big Time as He Weighs In on California’s Job-Killing #AB5 Law, Gets Blasted by Voters. Earlier: ● This is Not a Moderate Position: Joe Biden tells boy we should eliminate the use of plastics. ● Joe Biden Just Lost Any Claim to Being a Moderate With His Embrace of the Green New Deal. … Read more

The Carnival Panorama cruise ship has been docked in Long Beach, California, and passengers are being ordered to stay on the boat while the woman, a guest on the ship, is tested for the deadly disease The US citizen was transported off the ship that morning to a local hospital to be tested The Centers … Read more

Sh*t hitting the fan. ITALY EMERGENCY MEASURES 16 days after the beginning of the outbreak, the Italian government took decree today to take exceptional measures to contain about 16 million Italians living in 14 provinces in the north of the country, as well as restrictive measures covering the whole country. [source] Northern Italy under lockdown … Read more

by SEEANDDONTSQUEAL The following news released since Fridays OPEC failed meeting: https://www.cnbc.com/2020/03/06/opec-meeting-coronavirus-weighs-on-oil-demand-as-oil-prices-fall.html ​ Some key points from the article are as follows: – OPEC and non-OPEC allies failed on Friday to agree on how much oil production to cut amid the coronavirus outbreak – Russia reportedly refusing to give the green light to the deepest … Read more

My predictions over the next 24 months.1.Europe to implode and default on debt3. Housing to drop by 60% 4. Global depression5. 60% of companies will need bailout 6. 80% of banks to be nationalized.7. Junk bonds to implode8. Markets to drop by 60%9. Toilet paper mania. — The Great Martis (@great_martis) March 7, 2020 S&P500: … Read more

Source on American Hospital Association numbers:https://t.co/fApRlWrjSh Source on flu stats:https://t.co/Rlmm3ZzhDn — Seth Bannon (@sethbannon) March 7, 2020 If pandemic becomes critical the # of hospital beds will matter:US 2.8 per capChina 4.3Germany 8S Korea 12.3 H/t @Schuldensuehnerhttps://t.co/fWf17JBM7S pic.twitter.com/gvATl0YJ2D — Adam Tooze (@adam_tooze) March 8, 2020

https://thehill.com/opinion/campaign/486…e-bust?amp All the digital ink spilled about Super Tuesday is fawning over former Vice President Joe Biden and his miraculous comeback. But the fact is that Biden’s winning comes down to two things. First, Sen. Bernie Sanders (I-Vt.) is a weak candidate whose success was built on quirks in the Democratic nominating process, not on … Read more

by Natura Naturans In yet another new paper (Drotos et al., 2020), scientists determine the climate sensitivity to CO2 is “practically zero” the more the concentration rises. A ~4450 ppm CO2 concentration has cooler climates than observed in the pre-industrial (278 ppm) era. Why? A self-amplifying cloud feedback mechanism cools the Earth by magnitudes “as large … Read more

by zg44 I finally had time this week to do coronavirus research and the number that sticks out the most on coronavirus in the US is 1,583. That’s the number of people the CDC has tested in the US so far. Even if you include state-level testing, the numbers probably don’t reach more than 3,500. … Read more

by PeenusTits I’m gonna keep it to the point. a) India’s debt problem is long overdue. link: https://edition.cnn.com/2020/03/06/business/india-yes-bank/index.html ​ you can read more about how deep in shit the Indian economy will be https://www.reddit.com/r/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=web2x b) The virus numbers are going to SPIKE. The hygiene is bad. Most of the Indian population work minimum wages. They need … Read more

by COHunter1337 I just got back from a trip to Costco, shit is way worse than I thought, there was a somber mood in the building as we all went to the toilet paper pallets only to find 2 halves of a pallet left. The other picture is of what’s left of a Campbell’s pallet … Read more

by Jose Nino via Mises The US purports to be the land of free speech, but you can always expect politicians to carve out exceptions. Just look at how government agencies such as the Internal Revenue Service can slither their way into the political affairs of individuals and organizations. Americans generally associate the Internal Revenue Service with the hassle … Read more

MSNBC’s Nicolle Wallace was beaming as she discussed the possibility of the deadly coronavirus sweeping the country and killing an untold number of Americans. The reason for her glee? MSNBC and the rest of the mainstream media see an opportunity to direct the public’s ire toward the president should the virus result in a deadly … Read more

by Jim Quinn of The Burning Platform This twitter post tells you all you need to know about our government and our fucked up healthcare system. Trump and Pence can do bullshit press conferences every day bloviating about what a wonderful job they are doing, but the reality is below. Incompetence and idiocy rule the … Read more

via Doug Casey Just because society experiences turmoil doesn’t mean your personal life has to. And a depression doesn’t have to be depressing. Most of the real wealth in the world will still exist – it will just change ownership. What is a depression? We’re now at the tail end of a very long, but in … Read more