Advertising Karma Hits Corporate Media and the New York Times Calls for Bailout. The Media Matters / Sleeping Giants blocklists are just another spread of torpedoes that circled back around. A rational movement might start thinking about why that keeps happening. . . . Due to the coronavirus and a healthy dose of karma, newspaper … Read more
New video (not mine) from #NYC where bodies of the victims of #COVID19 line the sidewalk outside a hospital for transfer to a mobile morgue unit. #NewYork #coronavirus #FlattenTheCurve #CoronaUpdate #Quarantine @NYCEMSwatch pic.twitter.com/sJm6gQh7qT — Sam (@gotmybelton) March 29, 2020 Listen to everyone in the background, they all have Jamaican sounding accents, so where and when … Read more
2020 may be the first year of falling global GDP since WWII. Wow … that’s an impressive historical statistics. And it was only the final years of WWII/aftermath where output fell. @capitaleconomics via @SoberLook pic.twitter.com/25gjD23BKc — Adam Tooze (@adam_tooze) April 2, 2020 With this report, there should be little doubt that…US is already in deep … Read more
Maybe David is right. The cure for the GFC is beginning to look like it was worse than the disease. The difference between then and now is that the leverage is buried deeper and much of the lending has moved into the shadows. https://t.co/351KFwljWA — Danielle DiMartino Booth (@DiMartinoBooth) April 1, 2020 @bondstrategist stating the … Read more
by KimchiCuresEbola If there’s demand… I’ll do a part two on equity factors and how to use factors to decide what companies to buy options for. Commodity Term Structure Basics Mr. FuzzyBlankeet, Esq. touched upon futures in his last post, so I’m not going to go into more detail on the basics, but something he left out … Read more
By Wolf Richter for WOLF STREET: The lockdown regime has changed the once booming housing market. Real estate businesses, such as real estate brokers, mortgage brokers, and other types of businesses, and the government offices that make it all work are now considered “essential businesses” under federal guidelines and under California lockdown rules. Social distancing must still be observed. But … Read more
by quantize_me How many Americans do you think are currently infected with SARS-CoV-2? How many Americans do you think will die? Write your answers down, this isn’t China, no bullshitting. Trump’s estimation of 200,000 deaths with a peak in mid-April is almost certainly an underestimate. Information based on “confirmed cases” is a load of crap … Read more
by trophicspore2 Let’s rally together and estimate all unemployment numbers again: Also looks like last weeks number are going up “Last week’s headline number of 3.28 million claims — itself a more than 1,000 percent increase — is also expected to be revised upward, in part because of stark discrepancies between data that states reported at … Read more
https://t.co/fTBrCbIy1N — Invariant Perspective (@InvariantPersp1) April 1, 2020 The market should be more worried about a ‘second wave’ of coronavirus cases, JPMorgan says https://twitter.com/GregMannarino/status/1245428169772945408 Stocks never bottomed near peak consumer confidence. Period. pic.twitter.com/kFoR6t6t7N — Otavio (Tavi) Costa (@TaviCosta) April 1, 2020 185 stocks in the Russell 1000 are down more than 70%. — Michael Batnick … Read more
ANDREW CUOMO: ‘Four fifths of coronavirus patients who need ventilators will end up dead.’ “Governor Cuomo said: (The New York coronavirus death toll) is people who have been on a ventilator for a period of time. ‘If you go on a ventilator there is only a 20% chance you will come off it.’” So why’s he making … Read more
by WTCMolybdenum4753 Do you think the news subsidiaries are going to be really honest about China? They take off our glasses and laugh as we fumble around. Only with our support are they able to do this The Democrats and the Media Gambled With American Lives to Own Trump
by badpizzaisstillgood $975 per week and 10 million people currently filed for unemployment = approx $42 billion per month assuming nobody else files for unemployment that going to cost $168 billion over a 4 month period, the budget is $250 billion dollars The current budget can afford approximately another 5 million more unemployment claims so … Read more
take 10 minutes and watch this anyway, the point is that nitrogen dioxide directly weakens and kills the type II epithelial cells that line your alveoli These are the exact same cells SARS-Cov2 attacks because they express ACE2 on their surfaces So, the common pollutant we are all breathing weakens you to infection In China, … Read more
by David Haggith The banks that are begging for bailouts still cling to their bonuses. To terrorize us into letting them keep their bonuses, the banksters are threatening to release the button on their suicide vests and blow themselves up by not taking the bailouts if they can’t have their bonuses. You would think the response … Read more
BY JOHN RUBINO Pretend for a minute that it’s 2019 and you’re Brazil. Or maybe Turkey, your choice. You’ve got a lot of infrastructure to build if you want to keep your people happy, and to fund those projects you’ll need to borrow a lot of money. That’s not a problem, because borrowing is easy. The … Read more
by Egon von Greyerz Whoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as a lightning bolt out of the blue. Thus, most people … Read more
Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board — Lucas Tomlinson (@LucasFoxNews) April 1, 2020 Hard to “project power” abroad with empty carriers. INTELSky @Intel_Sky · 4h The COVD-19 situation on board the US aircraft carrier Theodor Roosevelt, in port in … Read more
(WJW)-Starting Friday, Costco will implement an updated guest shopping policy as part of its coronavirus response. According to its website, Costco will allow no more than two people to enter any warehouse with each membership card. “This temporary change is for your safety and the safety of our employees and other members, and to further … Read more
by Jason Burack of Wall St For Main St Another day, another bailout continues! This time it’s the Fed offering global #RepoMadness to any central bank on the globe as long as they don’t dump their US Treasuries to raise cash to help their own struggling economies. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our … Read more
Not an #AprilFoolsDay Joke: after 17 days at @nyulangone, including 6 days on a ventilator, I’m being discharged! Here’s my final hospital bed selfie. #coronavirus #COVID19 #coronaboy #LatsCovid19Journal pic.twitter.com/RlgDiVg7sU — David Lat (@DavidLat) April 1, 2020 Lat was at death’s door when they gave him the HC/Z treatment, I believe they started the treatment the … Read more
https://www.youtube.com/watch?v=V9ydm77IhYI&feature=youtu.be&t=522
by Electronic_Record No one is driving anymore and with all the crude supply from US and Saudis dropping the price we should be seeing daily drops in price. Why is the price being artificially held up?
“TALLAHASSEE, Fla. (WCTV) — After days of mounting pressure as the coronavirus spreads in Florida, Gov. Ron Desantis Wednesday issued an executive order asking people to stay at home across the state.” https://www.wctv.tv/content/news/Florida-Governor-issues-statewide-stay-home-order-569286471.html Effective Thursday night at midnight. AC
Who’s to blame? China and WHO lapdog. FLASHBACK March 11: Study Concludes China Acting 3 Weeks Earlier Could Have Avoided Global Pandemic ANDERS HAGSTROM | March 31, 2020 (Daily Caller) – The world could have avoided a global pandemic had China taken action to slow the spread of coronavirus just three weeks earlier, according to a … Read more
