The U.S. government’s historic $2.2 trillion pandemic aid relief package recently approved by Congress is highly vulnerable to fraud and abuse. Though the legislation mandates multiple oversight bodies, if even a small percentage of the funds are misused, it could mean fraud on the scale of potentially millions, if not billions, before there are any … Read more
Trading of Luckin shares now halted. Wall Street banks, which get big-fat fees, are all too happy to sell this stuff to the American public. By Wolf Richter for WOLF STREET. Luckin Coffee is a Chinese coffee chain, founded in 2017, that had sold American Depositary Shares (ADS) to the US public in an IPO in May 2019, … Read more
WATCH: Trump announces a “hold” on money going to the WHO, calls them “China centric.” “They missed the call. They could have called it months earlier … they should have known. And they probably did know.” pic.twitter.com/kSi3Aq6DyY — Meet the Press (@MeetThePress) April 7, 2020
https://www.youtube.com/watch?v=FUet4MSRbjE
by Soniklyg First of all we know that the market was moving faster than the safe speed and without safety measures because Trump wanted to brag about how great the “ship” is and how fast it can go. Then the first phase came. That was when the virus was spreading uncontrolled and fast in china … Read more
Letter to the Editor: Judicial and Law Enforcement Agencies in China Have Not Returned to Normal Business Despite Claim of Victory Over Epidemic April 07, 2020 | By Jing Yu (alias), an attorney in China (Minghui.org) Editor’s note: Despite the Chinese Communist Party’s claim that the coronavirus epidemic is under control, many pieces of information … Read more
via Reason: Nate Jones and I dig deep into Twitter’s decision to delete Rudy Giuliani’s tweet (quoting Charlie Kirk of Turning Point) to the effect that hydroxychloroquine had been shown to be 100% effective against the coronavirus and that Gov. Whitmer (D-MI) had threatened doctors prescribing it out of anti-Trump animus. Twitter claimed that it was deleting tweets … Read more
Digital surveillance rolled out to curb coronavirus should be limited, groups say Governments turning to technology to trace infections, keep tabs on population Civil society organisations say it could cause lasting damage to people’s rights The world is sleepwalking into a surveillance state during the coronavirus pandemic, rights groups have claimed. Digital surveillance rolled out to curb … Read more
https://www.youtube.com/watch?v=ZhIRaU3MFuM Bank runs and bank failures is the new reality in many countries as credit crunch is becoming a challenge within this world economic collapse. Some of the biggest banks in the United States, UK, Europe and all over the world have find themselves in an economic storm that is bigger than the 2008 bank … Read more
This video is less than 30 minutes. There are a couple of ads embedded for his company which sells gold. It actually makes sense, but I’m trying to determine if it is simply too good to be true and there is a fair amount of fact checking I need to do about the creation of … Read more
by Dr. Eowyn Recall that in 2010, Rep. Hank Johnson (D-GA) feared that moving 8,000 U.S. Marines to the island of Guam would tip over the island. He said: “My fear is that the whole island will become so overly populated that it will tip over and capsize.“ Johnson would be glad to know that … Read more
by Bix Weir of Road to Roota Does anybody else recognize that with 2/3 of the working public OUT OF WORK the banks are ALL BANKRUPT? This isn’t rocket science people!!
https://youtu.be/XLi7tPUJyAQ Paul Bois from The Daily Wire reports, As the health crisis ravages New York City, a drone has been hovering above pedestrians reminding them to practice social distancing. “This is the anti-virus volunteer drone task force,” a speaker on the drone says in the video. “Please maintain a social distance of at least six … Read more
Spain is taking steps to implement a basic income to help citizens weather the economic fallout from the novel coronavirus. “We’re going to do it as soon as possible. So it can be useful, not just for this extraordinary situation, and that it remains forever,” the minister of economic affairs said. No specific date was … Read more
by Captain Ewave of CaptainEwave April 6, 2020 SP500: Long Term Update: The SP500 moved sharply lower this past week, reaching 2447.49, and closed at 2488.65. If our wave iv irregular type corrective pattern is the correct analysis then it is complete at the 2191.86 high and the SP500 is now poised to rally “impossibly” to all time … Read more
by Josh Sigurdson via World Alternative Media Josh Sigurdson talks with Stephen Kendal and Tim Picciott about the possibility of major bank runs in the near future as the global economy enters into a global depression, the likes of which we have never seen before, not even close. The problem is, with bank runs being a major possibility, … Read more
Overheard on Twitter: "When is the American public going to realize that it’s not China that the broadcast news divisions are protecting, but the globalist entertainment companies that own the news divisions, and which need Asian markets for maxxing out entertainment profits?" — Rasmussen Reports (@Rasmussen_Poll) April 7, 2020 Or to put it another way: China’s … Read more
by Michael Markowski Due to my recent findings from researching the empirical data of prior market crashes since 1901, investors in the future will be able to distinguish a crash from a correction. All crashes and corrections can now be measured and categorized. The chart below for the NASDAQ from 2000 to 2020 depicts: … Read more
by 7years_a_Reddit https://www.worldometers.info/coronavirus/country/india/ Where are the overfilled morgues? Why aren’t hospitals shut down? If N.Y is so bad India should be many times worse. No offense to my Indian friends but here is an idea of what I mean https://cdn.cnn.com/cnnnext/dam/assets/200330015206-02-coronavirus-india-0328-exlarge-169.jpg https://si.wsj.net/public/resources/images/BN-OG699_indslu_P_20160601030753.jpg https://m.hindustantimes.com/rf/image_size_444x250/HT/p2/2017/10/28/Pictures/assignment-name-in-brief_7295ea9a-bb4b-11e7-8fe3-8a4365deb777.jpg https://i.redd.it/zca5duok9qqz.jpg
Ted Butler interviewed by Dunagun Kaiser on Reluctant Preppers Is the current breakout of gold and silver destined to confirm a massive bull run for precious metals in the face of coordinated monetary easing by the world’s central banks? And who stands to gain the most in the months and years to come? After a decade of highly controversial … Read more
by John Rubino of Dollar Collapse James Grant, the venerable publisher of Grant’s Interest Rate Observer, just wrote an opinion piece for the Wall Street Journal that, had it appeared on a free site, would have been at the top of today’s “Best of the Web” links list. But since it exists behind the WSJ’s paywall, here’s an excerpt to illustrate … Read more
By J. G. Martinez D. OK, we´ve all been quarantined for quite some time, haven´t we? Some with more comfort, some other with less, but we´ve been confined. Western countries have been facing one of the worst crisis since the WW2. If you ask me, I´d say this is the beginning of WW3 but will … Read more
by Lance Roberts In a recent post, I discussed the “3-stages of a bear market.” To wit: “Yes, the market will rally, and likely substantially so. But, let me remind you of Bob Farrell’s Rule #8 from our recent newsletter: Bear markets have three stages – sharp down, reflexive rebound and a drawn-out fundamental downtrend Bear markets … Read more
by augusttrip2019 For those of us who were around for 2008 (or have studied it), you’ll notice a similar theme between March 2008 and 2020. For starters – I get it, different crises, blah blah blah. But some similar indicating factors. I’ll keep the DD light since most people won’t read it anyways. 3/18/08 was … Read more
