by onfallen Figured out something interesting; let’s discuss. Assumptions: US GDP will fall by X percentage this year GDP 2019 is $21.73 Trillion Total market cap is $28.48 Trillion Buffett indicator = market cap / gdp Scenarios: X – Buffett Indicator 5% – 138% 10% – 146% 15% – 154% 20% – 164% 25% – … Read more
by Michael Lebowitz and Jack Scott Prelude: This article was largely written before the emergence of the Coronavirus. Recent developments as a result of the pandemic only add emphasis and gravity to the points made here. “…many people living in the West are dissatisfied with their own society. They despise it or accuse it of … Read more
by jessefelder President Donald Trump loves to talk about how he is in the process of and will continue to, “Make America Great Again.” However, there are many signs that, at least when it comes to the stock market, this may already be as great as it gets. Over the past decade or so, U.S. … Read more
by Orangutan https://youtu.be/MY8Nfzcn1qQ 6.25 Million Views in about 4 days. That’s a large percentage. Plus there’s a mirror up with over 1/2 a million views on some Vice channel. Adios.
The fiscal stimulus provided by the CARES Act will mute the impact that the economic shock has on house prices. Additionally, forbearance and foreclosure mitigation programs will limit the fire sale contagion effect on house prices. We forecast house prices to fall 0.5 percentage points over the next four quarters. Two forces prevent a collapse … Read more
Everyone is checking for their payments, along with the typical 15th of the month folks are crashing banking websites all around! https://downdetector.com/ AC
NOTE: Report begins at 1:07. h/t DS
This is spiralling out of control. I don’t think the Chinese government will stand idly by watching Africans kill their nationals if it gets to that point. I wonder if this could build up into a war between the two sides. h/t PBD
by PropagandaDebunker https://nypost.com/2018/03/15/inside-the-shady-private-equity-firm-run-by-kerry-and-bidens-kids/ Rosemont Seneca and the Bank of China created a $1 billion investment fund called Bohai Harvest RST (BHR), a name that reflected who was involved. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. The “RS” referred to Rosemont Seneca. … Read more
This is SE Pa btw. Most people, I would say 60-70% were masked up, 15-20% were wearing gloves…no one wearing goggles… granted, construction/contractor types are more likely to be prepared and informed than your typical grocery store/walmart crowd. They had a queue with tape lines on the ground and they were only letting a few … Read more
Backstory here. UPDATE: From the comments: “To paraphrase and update Tom Wolfe, ‘The dark night of fascism is always descending on Americans due to the actions of Republicans and yet lands only in areas under Democratic Party control’.” ANOTHER UPDATE: Blowback for Gretchen Whitmer as Protesters Jam Downtown Lansing. The protest, called “Operation Gridlock,” involved thousands of cars descending on … Read more
by chartr Updated version of the coronavirus tracker I made a couple weeks back. Initially inspired by the work of John Burn-Murdoch, this is now the 5th version of this tracker… and it has some good news! Curves ARE flattening… albeit slowly. Quarantine is working, let’s keep it up. Initially sent as part of the chartr newsletter. … Read more
Far-right US politicians label lockdowns anti-constitutional SPOKANE, Wash. (AP) — In deeply conservative eastern Washington state, a prominent state lawmaker kicked out of his Republican Party caucus labels the coronavirus as a foreign bio-weapon, accuses Marxists of using the pandemic to advance totalitarianism and rails against lockdown restrictions imposed by the Democratic governor. A California … Read more
by Egon von Greyerz Most people don’t understand the cause of hyperinflation. Many argue that we can’t get hyperinflation since asset prices are now under pressure and there is no demand led inflation as most people currently have very little money. What few people understand is that hyperinflation is a currency driven event. It doesn’t arise … Read more
by Charles Hugh-Smith Like the rest of the financialization machine, sickcare was never sustainable. What was once known as healthcare in the U.S. has largely been replaced by sickcare: healthcare was focused on restoring and maintaining health and was owned and managed by community-based non-profit hospitals. Sickcare is focused on extracting the maximum revenues and profits from managing the chronically ill, and … Read more
Here are the eligibility requirements: Eligibility: Every American adult age 16 and older making less than $130,000 annually would receive at least $2,000 per month. Married couples earning less than $260,000 would receive at least $4,000 per month. Qualifying families with children will receive an additional $500 per child – families will receive funds for … Read more
Do you think that we will see more risk taking by corporations now that the Fed is bailing them all out? The Fed has printed $1.6 trillion in a matter of 4 weeks for just one of their many, many programs. That has never happened before. Not even close. Many big money managers have … Read more
Willacy County Judge Aurelio Guerra issued an order on Tuesday that will penalize any resident if they are caught without something covering their face while in a public building. According to the order, all persons over the age of 5 are required to wear some form of covering over their nose and mouth at all times when … Read more
FOLLOW THE MONEY….. https://www.zerohedge.com/geopolitical/white-house-leaks-draft-plan-reopen-american-economy Among the companies whose CEOs will advise the White House on reopening the economy, according to Pres. Trump: – Apple – Bank of America – Google – Goldman Sachs – Honeywell – JP Morgan Chase – Lockheed Martin – McDonald’s AC
by AnakinWayneII Smartphones are arguably helpful. They can be used for entertainment, communications and swift bank transfers and photos etc (3 woops for anybody who manages to quickly video a UFO or a terror attack etc). However, could these “objects of entertainment” actually be a Trojan Horse? Imagine a worst case scenario where you are being … Read more
In a message to China, North Korea and maybe Russia, U.S. Air Force puts B-52 bombers, tankers and drones on runway in Guam pic.twitter.com/R2zsOZy2ur — Lucas Tomlinson (@LucasFoxNews) April 14, 2020
Here’s One Thing Officials Can Do to Make Lockdown Life Better: Stop Being Hypocritical Tyrants. There are the police officers who thought it was a good idea to pester a little girl shooting baskets alone in a park. She was socially distanced. She was fine. If a game of street 3-on-3 suddenly broke out, well, … Read more
“Border control is fundamental to virus control.” Telling it like it is, THAT’S MY PRESIDENT! h/t ProudConservativeNY
The very words “ballot harvesting” tell you all you need to know. They reek of corruption. Democrats are pushing this scam with unrestrained glee. https://t.co/5Nhe81hnNs — James Woods (@RealJamesWoods) April 15, 2020 Random, unaccountable partisans showing up with truckloads of “votes” on Election Day. Whether they got them by browbeating people door to door (they … Read more
