My predictions over the next 24 months.
1.Europe to implode and default on debt
3. Housing to drop by 60%
4. Global depression
5. 60% of companies will need bailout
6. 80% of banks to be nationalized.
7. Junk bonds to implode
8. Markets to drop by 60%
9. Toilet paper mania.— The Great Martis (@great_martis) March 7, 2020
S&P500: pic.twitter.com/VIAmAEnBoq
— The Great Martis (@great_martis) March 6, 2020
2/ Detroit + Banks were both human agency (unions) + (bankters)
Where is this is VIRUS ‘force majeure’ with no agency/‘free will’
The hotels, taxis, restaurant industry lobby will also seek FEMA-like Federal funds…
— Josh Wolfe (@wolfejosh) March 8, 2020
Three weeks ago, Italy had just 3 confirmed cases of coronavirus.
It now has 5,883. pic.twitter.com/IYBYQvsO9R
— Tracy Alloway (@tracyalloway) March 8, 2020
Italian fatalities have been higher than Korea. Why?
Likely because Korea is younger, has a much higher concentration of hospital beds & has completed significantly more testing. pic.twitter.com/gs5QUCzNZK
— The Long View (@HayekAndKeynes) March 8, 2020