Short $INDA

by PeenusTits I’m gonna keep it to the point. a) India’s debt problem is long overdue. link: https://edition.cnn.com/2020/03/06/business/india-yes-bank/index.html ​ you can read more about how deep in shit the Indian economy will be https://www.reddit.com/r/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=web2x b) The virus numbers are going to SPIKE. The hygiene is bad. Most of the Indian population work minimum wages. They need … Read more

Costco Panic Buying, an update.

by COHunter1337 I just got back from a trip to Costco, shit is way worse than I thought, there was a somber mood in the building as we all went to the toilet paper pallets only to find 2 halves of a pallet left. The other picture is of what’s left of a Campbell’s pallet … Read more

Peter Schiff: Multiple Bubbles Pricked By Same Pin

by Peter Schiff via Peter Schiff Podcast Another huge move down in the markets today. Heavy carnage in the banks as treasury yields plunge. Fed’s days of bubble blowing are over. Next dose of stimulus will be the overdose. Coronavirus may be the pin that pricks stock market, bond market, and bitcoin bubbles. More bad news expected as … Read more

The IRS’s History Of Attacking Political Dissenters And Opponents

by Jose Nino via Mises The US purports to be the land of free speech, but you can always expect politicians to carve out exceptions. Just look at how government agencies such as the Internal Revenue Service can slither their way into the political affairs of individuals and organizations. Americans generally associate the Internal Revenue Service with the hassle … Read more

WE ARE SO F$%KED

by Jim Quinn of The Burning Platform This twitter post tells you all you need to know about our government and our fucked up healthcare system. Trump and Pence can do bullshit press conferences every day bloviating about what a wonderful job they are doing, but the reality is below. Incompetence and idiocy rule the … Read more

National Debt Is $122 Trillion, Not $23 Trillion, Says Non-profit Group

by Bob Adelmann, The New American: When Epoch Times’ Mark Tapscott checked the U.S. Treasury’s “Debt to the Penny” website on Monday, he reported that the U.S. national debt just ticked over to $23.3 trillion. That’s four times what it was 20 years ago. Tapscott then checked in with the Chicago-based nonprofit advocacy group Truth in Accounting (TIA) to get … Read more

Fiscal Stimulus Package Coming This Week

The Trump Administration and Congress will come together to pass an immediate $1 trillion conditional emergency stimulus to combat the health scare possibly. Article from video can be found here: 1. https://finance.yahoo.com/news/23-tri… 2. https://www.cnbc.com/2020/03/06/op-ed…

Seems like Italy leads the US by 2 to 3 weeks

https://twitter.com/L0gg0l/status/1236435821013630977 Kiss roughly a quarter of world’s eighth largest economy goodbye until April. https://t.co/zp1NA1Z2Gz — Danielle DiMartino Booth (@DiMartinoBooth) March 7, 2020 Seems like Italy leads the US by 2 to 3 weeks The Italian government is planning to lock down 16 million people, more than a quarter of its population, in the most sweeping … Read more

ITALY MAY RESTRICT QUARTER OF POPULATION

via WSJ: Quarantine, if approved, would ban movement into and out northern provinces, including Milan, Venice and Parma MILAN—The Italian government is planning to lock down 16 million people—more than a quarter of its population—including in Milan, the surrounding Lombardy region and 11 neighboring provinces, in the most sweeping steps any European country has prepared … Read more