Japan announces $2.2 billion to help its manufacturers shift production out of China.

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Japan has earmarked ¥243.5 billion of its record economic support package to help manufacturers shift production out of China as the coronavirus pandemic disrupts supply chains between the major trading partners. The extra budget, compiled to offset the devastating effects of the pandemic, includes ¥220 billion for companies shifting production back to Japan and ¥23.5 … Read more

IRS STIMULUS CHECKS SENT TO MILLIONS OF DEAD PEOPLE, TREASURY DEPT. WANTS THEM BACK

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SAN FRANCISCO (KGO) — We’ve told you about the millions of Americans still waiting for a stimulus payment. Now we’re finding that many families received too many checks. The government is sending stimulus checks to possibly millions of dead people. Their families don’t know what to do with them, so they came to 7 On Your Side. … Read more

You are living in the greatest con of all time. An explanation of how this market is rigged and tied to Corona

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by kafkagoeswest TLDR: we’re all sheep heading to the slaughter. What do you remember about March 23rd, 2020? If you’re on this sub, you remember the sky was falling, we were facing systemic collapse, and we were trading around 18,000 on the Dow Jones, under 2200 on the S&P. The chart looked like this: End … Read more

Waterfall of payments in CLOs, via Morgan Stanley, which estimates that 85% of outstanding CLOs in the U.S. may fail their junior over-collateralization (OC) tests as leveraged loans default.

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Waterfall of payments in CLOs, via Morgan Stanley, which estimates that 85% of outstanding CLOs in the U.S. may fail their junior over-collateralization (OC) tests as leveraged loans default. pic.twitter.com/cx2GFlAXL5 — Tracy Alloway (@tracyalloway) May 7, 2020 The CLO market is currently pricing just a fraction of the defaults expected in the underlying loans, say … Read more

NYC police union warns the ‘city will fall apart’ if cops are made to enforce social distancing

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A New York City police union has had enough of the coronavirus social distancing enforcement, and warned city leaders that continued efforts to enforce social distancing could cause the city to “fall apart.” The statement from Police Benevolent Association President Patrick Lynch issued Monday accused Mayor Bill de Blasio of putting officers in a bad … Read more

Alabama Cattlemen’s Association, there is no nationwide beef shortage.

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HUNTSVILLE, Ala. (WAFF) – Does Alabama have a meat shortage? Meat industry leaders say no. Last week, the Alabama Cattlemen’s Association said meat-packing plants have had slowdowns and closures, which has impacted the beef supply chain. However, they say there is no nationwide beef shortage. On Wednesday, a spokesperson said that statement still stands. [ READ … Read more

Kayleigh McEnany destorys the entire MSM!

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It has yet to load to Youtube. Watch the last two minutes or so! UPDATE: Kayleigh McEnany rips media for downplaying coronavirus when pressed on her past rhetoric. My god, I do so love this new approach to dealing with the partisan coastal media elite.   AC

Dem Congresswoman: Biden Allegation ‘Put To Rest’ Because He ‘Went on TV’ And Denied It…

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Democrat Rep. Dina Titus says that the allegations against 2020 Democrat presidential candidate Joe Biden are “put to rest” because he “went on TV” and denied them. From an interview with MSNBC’s Ayman Mohyeldin on 5/6/2020. https://www.breitbart.com/clips/2020/05/06/dem-rep-titus-biden-sexual-assault-allegation-put-to-rest-after-tv-appearance/   AC

Hardly any sympathy cards left.

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by glasstomouth45 I guess when you can’t pay your respects in person since we can’t have funerals, the next best option is to send a card. I couldn’t even find one to send to a friend whose mom passed.    

Closest black hole to Earth discovered just 1,000 light years away, ‘VISIBLE’ to the naked eye

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Closest black hole to Earth discovered just 1,000 light years away, ‘VISIBLE’ to the naked eye Astronomers at the European Southern Observatory have identified the closest black hole to our solar system yet discovered and, as it turns out, it’s been hiding in plain sight and is actually visible to the naked eye (kind of). … Read more

How can any American afford to retire going forward in the Debt drowning world the Fed enabled for decades?

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BULLARD: "INTEREST RATES WILL REMAIN LOW LIKELY FOR YEARS" How can any American afford to retire going forward in the Debt drowning world the Fed enabled for decades?🤔 $1M x 5% (5,000 yrs)vs $____ x 0%? 🤦‍♀️#RetireeMath@ericrosengren @RobSKaplan @marydalyecon @neelkashkari pic.twitter.com/IywCy96PKJ — M/1_LP (@MI_Investments) May 6, 2020   NY Fed to buy corporate bonds in … Read more