Joe Biden: “We cannot let this, we’ve never allowed any crisis from the Civil War straight through to the pandemic of 17, all the way around, 16, we have never, never let our democracy sakes second fiddle, way they, we can both have a democracy and … correct the public health.”

Joe Biden: “We cannot let this, we’ve never allowed any crisis from the Civil War straight through to the pandemic of 17, all the way around, 16, we have never, never let our democracy sakes second fiddle, way they, we …

READ MORE

Did Bill Gates Buy the CDC?

by Martin Armstrong Dr. Anthony Fauci has a $100 million conflict of interest which is why he was opposing Trump. He is in league with Bill Gates who has pledged $100 million for Fauci to play with. The National Institute of Allergy …

READ MORE

The Oil Giant Drowning In Debt

By Nick Cunningham ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P cut Exxon’s credit rating. The oil major’s struggles are growing, but they predate the pandemic and the collapse of …

READ MORE

U.S. economy is entering the ‘deepest recession on record’; Goldman Sachs now expects US unemployment to hit 15%; IMF: “Humanity’s darkest hour.”

U.S. economy is entering the ‘deepest recession on record’ The U.S. economy is struggling right now. On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than doubling the prior week’s …

READ MORE

The stimulus can’t come quickly enough for millions of Americans. Many state pensions were already on life support and now they face a $1 trillion shortfall due to the markets.

Many state pensions were already on life support and now they face a $1 trillion shortfall due to the markets.https://t.co/kRUhUzFQBT — John Tuld (@BradHuston) April 5, 2020 For years, the country’s public pension plans have faced a yawning gap between …

READ MORE

Business Owner Perspective

by llenders97 We have approximately 60 employees This is what we are doing/did: Implemented across the board salary cuts Negotiated extension with vendors in terms for AP Immediately applied for all government assistance as well as additional lines of credit …

READ MORE

Oil to crash again

by jok178 Thur/Friday Brent jumped from 22 to 30.5 thanks to Trumps tweets about fixing the crisis with an OPEC meeting. Here is what we know: -Oil supply is expected to beat demand by 30mbd (million barrels per day) in …

READ MORE

Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up. 30% mortgage defaults coming! VIX about to explode in coming weeks again?

Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up; & in @MoodysInvSvc worst-case scenario, default rate could spike above 20% (past GFC levels) @Reuters @SPGlobal pic.twitter.com/6d39olHH0W — Liz Ann Sonders (@LizAnnSonders) April 3, 2020 …

READ MORE