“In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.” —Greg Ip, @WSJ May 2, 2020 10:13 pm
It’s happening slowly, but more investors are starting to figure out what lies ahead. It’s just going to be much worse than most expect. May 2, 2020 8:36 pm
1 in 6 publicly traded U.S. companies did not earn enough to cover their interest payments going into the COVID-19 crises. May 4, 2020 10:57 amMay 2, 2020 5:48 pm
Consumer confidence is collapsing in most major countries in Asia Pacific, but not in China. Fabricated data.…. CCP at its finest. May 2, 2020 3:34 pm
You’re going to tell me we’re not in a housing bubble when this dump in San Francisco is going for 1.5 million? Talk about a fixer upper. May 2, 2020 3:34 pm
This isn’t a Credit Cycle. This is a Systemic Cycle. They pushed it Too Far. Beyond the Breaking Point. Now the Systemic Collapse has Commenced. There is No Stopping it. From here, Annihilation. May 2, 2020 3:28 pm
Tens of thousands of protestors throughout California against the overly draconian Wuhan Virus lockdown measures. Chants include: Down with Gavin, Down with democratic party. Bigger rallies in coming days. California Governor Gavin Newsom says the beaches and parks are to kept closed. #CALIRISING May 2, 2020 3:18 pm
