Why America’s Response to Coronavirus Adds Disaster to Catastrophe

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by Amy S. Originally published: Umair Haque America’s response to Coronavirus has been, in a word, disastrous. It adds disaster to the catastrophe of a new global pandemic. If you’ve thought something like the above, you’re exactly right. And yet because the media is doing a fairly poor job of explaining just why, let me. America’s stimulus … Read more

Mnuchin: If You Have Direct Deposit On File With IRS, YOU WILL GET YOUR MONEY IN 2 WEEKS

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(Silver Doctors Editors) The latest Coronavirus Task Force briefing is underway this Thursday afternoon. Today’s focus has been front-loaded to be related to the economic relief package and all of the doubts surrounding the availability and the timeline for the free money. Treasury Secretary Mnuchin just said that if you have your direct deposit information … Read more

NatSec Source: Coronavirus SET TO EXPLODE IN MEXICO; Trump Warned: “Could topple AMLO’s Govt, lead to widespread cartel-violence”

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Mexico is about to have a “No-Shit-Sherlock Moment” and my sources says, “Cartels are licking their chops for mass violence, robbing banks, arms depots, chemical storage facilities, etc.” ….”Mexico, with a population of 130 million, has only 356 ICU units, fewer than 50,000 hospital beds, fewer than 2,500 ICU beds, and just 5,523 ventilators. That’s … Read more

Bilderberg Group has cancelled its globalist confab meeting this year because of the coronavirus

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Luke Rudkowski @Lukewearechange Holy Cow even the Bilderberg Group has cancelled its globalist confab meeting this year because of the coronavirus, officially but they don’t always tell the truth FYI. Holy Cow even the Bilderberg Group has cancelled its globalist confab meeting this year because of the coronavirus, officially but they don't always tell the … Read more

President Trump: “We’re going to have a couple of weeks, but especially a few days from now, that are going to be horrific.”

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Trump warns of ‘horrific’ weeks ahead as US virus death toll tops 5,000 “We’re going to have a couple of weeks, starting pretty much now, but especially a few days from now, that are going to be horrific.” https://www.france24.com/en/20200402-usa-coronavirus-donald-trump-death-toll-andrew-cuomo-who-epidemic  

THIS WILL END WELL! Pelosi Claims She Knew About Coronavirus Threat, Defends Prioritizing Impeachment. Now She Creates House Select Committee on Coronavirus.

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VIDEO: Pelosi Claims She Knew About Coronavirus Threat, Defends Prioritizing Impeachment THIS WILL END WELL: Pelosi: We’re launching a “bipartisan” select committee to oversee coronavirus response — not investigate it. “Even if Pelosi is sincere at the moment, Schiff and Jerrold Nadler among others in her caucus will demand that this select committee expand its scope … Read more

President Trump: No Stimulus For Illegals

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At the 1:02:45 point below, President Trump answers the question about the illegals getting stimulus checks: “Well, you know, you are saying undocumented, meaning they came in illegally. A lot of people would say that we have a lot of citizens right now that won’t be working, so what are you going to do?”   … Read more

10 Signs The US Is Heading For A Depression

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Authored by Mike Whitney via The Unz Review, 1– Unemployment is off-the-charts Thursday’s jobless claims leave no doubt that the country is in the grips of another severe recession. More than 6.6 million Americans filed for unemployment insurance in the last week. That number exceeds the gloomiest prediction of more than 40 economists and pushes the … Read more

History Suggests the Bear Market May Become a ‘Mega Meltdown’. The Fed Is Powerless to Stop the Market’s Riskiest Debt

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Markets Now At Tipping Point Investors now need to make a decision; stay in the roller coaster or get out? Mortgage Lenders Bracing for the Biggest Wave of Delinquencies in History “This is an unprecedented event,” said Susan Wachter, professor of real estate and finance at the Wharton School of the University of Pennsylvania. “The … Read more

Wilmington Trust’s Meghan Shue warns investors will see two grim quarters of losses — not just one…. Goldman: Financial distress will continue to increase, leading to higher defaults and downgrades.

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Brace for Coronavirus Fallout to Take Stocks to New Lows Wilmington Trust’s Meghan Shue warns investors will see two grim quarters of losses — not just one. The firm’s head of investment strategy believes market losses will continue to pile up amid negative coronavirus data and headlines. “GDP in the second quarter could be anywhere … Read more

Dollar funding stress keeps rising as the US Treasury additionally demands dollars and floods the market w/bills. Libor OIS risk spread jumps to 137bps, the highest level since GFC.

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Dollar funding stress keeps rising as the US Treasury additionally demands dollars and floods the market w/bills. Libor OIS risk spread jumps to 137bps, the highest level since GFC. pic.twitter.com/qYXyWyxxv4 — Holger Zschaepitz (@Schuldensuehner) April 2, 2020 Round of applause for the Federal Reserve 👏The $USD is officially a funding currency… $EUR $JPY $CHF all … Read more

Joy Behar Tries and FAILS to Make ‘The View’ Guest to Say SICK Things About Trump

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https://www.youtube.com/watch?v=WIwG1zBvTyw Virigina Kruta from The Daily Caller reports, Joy Behar tried to get ABC reporter Jonathan Karl to say that President Donald Trump had a mental disorder. Karl appeared Monday on ABC’s “The View” to discuss his new book, “Front Row at the Trump Show,” and his view of the Trump administration’s handling of the … Read more

The Unintended Consequences of Doing Good

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By John Mauldin The Federal Reserve is buying mortgage-backed securities with the best of intentions. But there are unintended consequences. Last week, I had a truly horrifying phone call with good friend and real estate expert, Barry Habib. He knows the mortgage business inside and out and he’s very concerned right now. Briefly, the Federal … Read more

Why A 15 Million Barrel Per Day Cut Will Never Happen

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By Tom Kool Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a potentially ‘huge’ output cut. According to Trump, the production cut from Saudi Arabia and Russia could be as high as 15 million bpd. For anyone wondering why oil prices just spiked … Read more

Federal Budget Deficits: To $30T and Beyond

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By John Mauldin In my decade forecast, I projected that in the next recession that the deficit would climb to over $2 trillion. Clearly, that demonstrates I am an optimist. Here’s a chart I shared back in January. Between reduced tax revenues and increased spending, I now expect this year’s deficit will be at least $4 … Read more