Take it for what it’s worth from NYT. 2,773 People Are Under Quarantines in New York City Update: Gov. Andrew M. Cuomo has declared a state of emergency in New York over the coronavirus.] The number of confirmed cases of the new coronavirus in New York State doubled on Thursday to 22, with officials announcing … Read more
by Bob Adelmann, The New American: When Epoch Times’ Mark Tapscott checked the U.S. Treasury’s “Debt to the Penny” website on Monday, he reported that the U.S. national debt just ticked over to $23.3 trillion. That’s four times what it was 20 years ago. Tapscott then checked in with the Chicago-based nonprofit advocacy group Truth in Accounting (TIA) to get … Read more
The Trump Administration and Congress will come together to pass an immediate $1 trillion conditional emergency stimulus to combat the health scare possibly. Article from video can be found here: 1. https://finance.yahoo.com/news/23-tri… 2. https://www.cnbc.com/2020/03/06/op-ed…
by AC No, it’s not selfish everyday Aussie mums and dads stripping the shelves bare – or at least it wasn’t in the beginning. Now that the media has ensured panic has set in, ordinary folks are trying to get as much as they can and screw everyone else – like the elderly lady on … Read more
Fear is a contagion of its own, and now fear is spreading even faster than the virus. Prepare now while doing so is still relatively easy.
by Fabius Maximus Summary: Many Americans have lost confidence in the candidates we are offered, and in elections. No trend puts the Republic in greater peril. They have good reasons for this. Here is why. But we can fix this. It takes only our wit and will. Vote for me. Don’t see the ship! ID 69570586 … Read more
Two veterans confronted @JoeBiden about his record of supporting war during his campaign stopover in Oakland on Super Tuesday. Read more here- https://t.co/ushpLvVXK5 #DroptheMIC #NoMoreWar #VetsAgainstWar pic.twitter.com/M7iGZa7DOs — About Face: Veterans Against the War (@VetsAboutFace) March 4, 2020
The model is back on! It's quite good for Biden; 88 percent majority chances. https://t.co/TWt3mPQ55N — Nate Silver (@NateSilver538) March 6, 2020 h/t dr0id
https://twitter.com/L0gg0l/status/1236435821013630977 Kiss roughly a quarter of world’s eighth largest economy goodbye until April. https://t.co/zp1NA1Z2Gz — Danielle DiMartino Booth (@DiMartinoBooth) March 7, 2020 Seems like Italy leads the US by 2 to 3 weeks The Italian government is planning to lock down 16 million people, more than a quarter of its population, in the most sweeping … Read more
via WSJ: Quarantine, if approved, would ban movement into and out northern provinces, including Milan, Venice and Parma MILAN—The Italian government is planning to lock down 16 million people—more than a quarter of its population—including in Milan, the surrounding Lombardy region and 11 neighboring provinces, in the most sweeping steps any European country has prepared … Read more
There has always been the assumption that the Fed will be there to backstop any losses. They have done this through buying toxic assets and bonds. This doesn’t resolve any issue whatsoever, but it gives the markets reassurance that the financial system can persist while the crisis simply continues. Make it known: The Financial Crisis … Read more
Greg Hunter gives The Weekly News Wrap-Up for Friday, March 6th, 2020 Virus Fears Cause Financial Crisis, Bernie Screwed Again, Economic Update Who knows how bad the virus problem is going to get, but the financial fallout is real and getting worse. Hotels, airlines and restaurants are getting killed along with many other businesses around the world, … Read more
https://www.youtube.com/watch?v=0LD2qgeu9TQ
San Francisco’s no arrest policy. This is Speaker Nancy Pelosi's district. Total anarchy! pic.twitter.com/FfeQHQqWkd — ACT For America (@ACTforAmerica) March 4, 2020 ‘Total Anarchy’: Viral Video Shows What San Francisco’s ‘No-Arrest Policy’ Looks Like https://townhall.com/tipsheet/leahbarkoukis/2020/03/04/anarchy-what-san-franciscos-no-arrest-policy-looks-like-n2563121 INSANE Viral VIdeo Shows People Looting California Walgreens As new Law STOPS Police From Arresting h/t dr0id
https://www.youtube.com/watch?v=LyZKjobblgs
“Mini Mike,” as the president calls him, is funding an anti-Trump operation in six battleground states in an effort to oust Trump Bloomberg will dip into his vast fortune to pay for field offices in Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin, campaign aides said Thursday. It will be done through some type of independent expenditure committee that won’t be able to … Read more
This is what open borders policies look like. Welcome to Paris. https://t.co/KNyX2G1qdu — Ian Miles Cheong (@ianmiles) March 6, 2020
via wfsb Amid a coronavirus outbreak in the United States, the US Centers for Disease Control and Prevention is encouraging older people and people with severe chronic medical conditions to “stay at home as much as possible.” This advice is on a CDC website that was posted Thursday, according to a CDC spokeswoman. Early data suggests older people … Read more
by Black Unit Ok, so we all know in the next few days friends and family will come to you asking advice on how or what to prep, or even worse, your family will invite you over to see their preps and they show you their 36 hour bug out bag they bought off Amazon and … Read more
https://www.bloomberg.com/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war Hope none of you bought on this “dip”. Oil will continue to drill. Opportunities for a bounce will happen but you will need to be patient while Russia, SA and other OPEC countries go to war against US shale and each other. US Oil companies will fail if this turns out to be a … Read more
This is the first time that Beirut has defaulted on its nearly $90bn debt pile, on which it was spending around half of government revenues just to pay interest. It has around $30bn of foreign currency dominated debt. Source FT Edit: Added guardian’s coverage for those that can’t access FT AC
by Alex Reason: More people know how to hedge the crisis/downturn. eg buy puts, vix, shorts. I believe some hedge funds probably hedges with repo funds that borrows from fed. liquidity is double edge sword now. bubble everywhere, not just stocks. fed cant handle all the crisis with less ammo than 08. for one thing, … Read more
