California reports highest one-day rise in coronavirus cases California reported 2,318 new coronavirus cases Monday, marking the highest one-day jump the state has seen. On Tuesday, the California Department of Public Health reported a total of 30,978 confirmed cases and …
“Some forced selling is highly likely.” By Nick Corbishley, for WOLF STREET: Mainland Chinese buyers, who largely drove the luxury real estate boom in Hong Kong, the world’s most expensive housing market in terms of affordability, have stopped buying. The number of …
by Charles Hugh-Smith Sadly, as markets stall and crash, participants will still be in their seats thinking all is well. The tragic 2009 crash of Air France Flight 447 offers an apt analogy for the global economy and central bank-driven false signals. Flight …
By Wolf Richter for WOLF STREET. No one has ever been through an economy where enormous shifts have occurred, from one day to the next, shutting down part of the economy but also generating sectors that are vastly more vibrant than ever before. …
by howmuch If you’re looking for ways to save money right now, you might start by looking at how much you’re spending each year on homeowners insurance. According to our latest map, how much it costs for homeowners insurance depends …
by UPFINA It’s almost impossible to overstate the impact COVID-19 is having on the labor market. Virtually every job has been impacted. Some people (think professional business) are actually working longer hours from home if they have a job that allows …
by 9mmNATO $310 billion total for PPP, with $250 billion unrestricted and $60 billion set aside for smaller institutions $50 billion for EIDL loans and $10 billion for EIDL grants $75 billion for hospitals $25 billion for testing, $11 billion of …
by klritner I own a small restaurant/coffeehouse in a small town. Before COVID, I employed 7 full time workers and 3 part time workers. I have been having extreme anxiety and guilt about my employees not having hours and therefore, …
by goldenj234 These Are the Public Companies That Got Small Business Loans (WSJ) Ruths Hospitality Group Inc. $20,000,000 J. Alexander’s Holdings. Inc. $15,100,000 Shake Shack Inc. $10,000,000 (Returning the money) Fiesta Restaurant Group Inc. $10,000,000 Quantum Corp. $10,000,000 Potbelly Corp. …
by cue378 https://www.sba.gov/document/report–covid-19-eidl-loans-report They have been at this for a whole month with over 7000 people and this is the best they can do? Either there is a massive amount of denials/declines or duplicates or they are very slow.. …
by thirtydelta Unless something has changed, ETFs are required to be legally separate from the company, and assets are held by a third party custodian. In theory, the ETF should be mostly unaffected. From ProShare’s documentation. If an ETF sponsor goes …
We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and …
https://finance.yahoo.com/news/gm-ford-face-billions-losses-135232626.html There is nothing the Fed can do about these problems, and as collateral continues to deflate, credit markets will increase their distress. This is the 3rd in a series of Posts that highlight the deterioration of collateral in the …
Why is Chris now worried about a food crisis, on top of the current health and economic ones? READ: https://www.peakprosperity.com/the-ne… New research shows that even those who recover from a relatively mild cases of covid-19 appear to have permanent lung …
People Are Protesting Everywhere! But You’re NOT Hearing This…
https://www.youtube.com/watch?v=Kx9PBkc45ZA There’s no doubt COVID-19 has impacted just about every US industry, including the US transportation sector. Many cities have lost millions due to cutbacks. RT America’s Natasha Sweatte takes a look at how this industry depends on so many …
by voodooshrimps I posted this link corona virus Facebook very kindly informed me I was wrong. As of 2019 79% of the us population uses Facebook. This presents a massive influence on the information people view as real or fake. This …
via rushlimbaugh RUSH: Are you ready for this? This is a Rasmussen survey. I gotta tell you, folks, this… I don’t care what your politics are. This should really open your eyes. “Sixty percent of Democrats blame Trump more than China …
Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders. Max Blumenthal and Ben …
No Gain, Lots of Pain. The stock market downturn portends big losses for government pension funds—and billions in new obligations for taxpayers. The sharp decline in financial markets will likely result in a huge setback to government-employee pension funds, which …
A northern Idaho woman could face jail time after police said she had a yard sale, which violated the state’s stay-at-home order during the coroanvirus pandemic. Police issued a citation Friday to the homeowner, who they said was having a yard …
Journalist David Dayen speaks with Cenk Uygur on The Conversation about banks seizing stimulus checks.
by Fabius Maximus Summary: The Left has been winning since the 1970s. Now their war on us enters the pursuit phase of battle, the last phase. Their success results from a powerful but unmentioned alliance. The next battles will help determine …
States Forced to Pad Their Numbers Following new CDC guidelines: “As of April 14, 2020, CDC case counts and death counts include both confirmed and probable cases and deaths. This change was made to reflect an interim COVID-19 position statement issued …
by mapi The story about how DHS fans the flames of fear is nearly as old as the terror attacks of 9/11. In 2014, an article in The Council on Foreign Relations revealed how DHS told a scared public that Al Qaida could weaponize …
By Tsvetana Paraskova The current situation on the oil market with too much supply and collapsing demand is similar to what happened in the middle of the 1980s when a glut led to oil prices staying low for 17 years, …
Hundreds of millions of dollars of Paycheck Protection Program funds have been claimed by large, publicly traded companies. In fact, the U.S. government has allocated at least $243.4 million of the total $349 billion to publicly traded companies, according to …
https://twitter.com/TVNewsHQ/status/1252468667452985347 CNN viewers are mindless and believe what they are told #mkultra AC
https://twitter.com/QAnonNotables/status/1252385906486468610
by Simon Black Nearly seven centuries ago in the mid-1300s, the first major outbreak of the Bubonic Plague forced Europeans into some of the harshest social distancing measures in history. As Boccacio wrote in The Decameron in 1353, the hysteria was …