Breaking news, updates, and reports on current events.
by Simon Black Albert Einstein is rumored to have said that “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” These days interest rates are near zero. The average savings account currently pays .09% interest per year, according to the FDIC. So over … Read more
This is a direct & dangerous threat to the U.S. Supreme Court by Schumer. If a Republican did this, he or she would be arrested, or impeached. Serious action MUST be taken NOW! https://t.co/WqQUbyzaJU — Donald J. Trump (@realDonaldTrump) March 5, 2020
by SpontaneousDisorder Fed will need another rate cut soon unless this reverses. Check out the steepening of the yield curve here. Classic recession behavior. https://stockcharts.com/freecharts/yieldcurve.php
https://www.youtube.com/watch?v=6SucEC-BNGM
“Australia’s largest toilet paper manufacturer is moving into 24-hour production as major supermarket chains ramp up supplies of long-life pantry items over growing fears of a coronavirus-induced supply shortage. “Prime Minister Scott Morrison made a rare call to the chief executives of Woolworths and Coles on Tuesday, after community anxiety fuelled reports of panic-buying across … Read more
European Defence Agency CANCELS all meetings as first EU official tests positive for coronavirus in Brussels – reports The first EU official working at the bloc’s Brussels administrative headquarters has tested positive for the novel coronavirus, a spokesperson has confirmed. “We have confirmation of the case,” spokesperson Dana Spinant said, adding that reports about a … Read more
A Russian Woman Working as a College Professor in the US Writes About the Sovietization of Amerika Clarissa is a college professor who emigrated to the US from Russia as a young woman, a few years after the fall of the Soviet Union. She is yet another ex-Soviet bloc person who is extremely anxious about … Read more
https://youtu.be/kQKePS9dTd0 Did his brain completely melt in the last few years? AC
A final Syrian showdown looms: Heavily laden #ВМФ Project775 #RussianNavy #ЧФ BlackSea Fleet 197th Landing Ship Brigade’s Ropucha class LSTM (tank carrying landing ship) Tsezar Kunikov 158 transited Bosphorus towards Med en route to #Tartus #Syria 14:00Z A final Syrian showdown looms: Heavily laden #ВМФ Project775 #RussianNavy #ЧФ BlackSea Fleet 197th Landing Ship Brigade’s Ropucha … Read more
via Zerohedge Earlier today, when discussing the impending inevitability of negative rates in the US according to BMO rates strategists, we said that the question is not if but “when.” Now, according to at least one intrepid trader, the answer is that in just over three weeks the US may join Europe and Japan in the monetary twilight zone … Read more
This is the funniest banter I’ve seen in a long time. The civilian demands to search the cop for illegal substances and says the cop is acting suspicious and shouldn’t mind being searched if he has nothing to hide. BIG LOL That guy’s got balls! AC
Fear Town! I have not personally been downtown for a few days, but this is what’s come of this CoronaVirus. People avoiding public places and crowds. This is what it’s like to live in fear: SEATTLE — It’s not her birthday for another month, but Ruby Francisco has been singing “Happy Birthday” a lot lately. … Read more
OTTAWA—The Bank of Canada on Wednesday took a cue from the Federal Reserve and cut its benchmark interest rate by a half percentage point in response to mounting worries about the economic toll of the coronavirus epidemic. It also signaled a willingness to ease further to guard against a deteriorating outlook. The central bank said … Read more
Only a small majority of Bernie Sanders voters say they will definitely support the eventual Democratic nominee at the 2020 election if the independent Vermont senator does not win the race, according to a poll. The National Emerson College Poll of 1,128 registered voters between January 21 and January 23 found that 53 percent of Sanders … Read more
Toronto-based research team Citizen Lab made the bombshell claim yesterday Censored content included texts about the virus deemed as ‘rumours’, it is said The app allegedly expanded the scope of censorship as the outbreak escalated It remains unknown if this is an order from the government to media companies The novel coronavirus has killed 3,220 … Read more
by Martin Armstrong It was only a couple of weeks ago when people were telling Joe Biden quietly how he could end his campaign with dignity. He lost to a gay guy, a devout communist, and a fake Indian. Hang in and win South Carolina, and if Super Tuesday went against him, bow out gracefully. … Read more
Coronavirus latest: -90,441 infected globally; death toll rises to 3,123 -Korea cases reach 5,186 -Iran reports 2,336 infections -New deaths in Washington bring U.S. total to 9 Coronavirus: Iran temporarily releases 54,000 inmates to avoid spread in its prisons” https://twitter.com/i/events/1219057585707315201 h/t QuantumLove
by Simon Black On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. It wasn’t just in the United States, either. More than 20 major stock markets around the world, from London to Hong Kong to Australia, fell … Read more
https://twitter.com/MartishShawn/status/1233880456812064769
