The Real Reason Russia Teamed up with China…Here’s What Comes Next for American Preeminence and the Dollar

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Via International Man Editor’s Note: Vladimir Pozner is Russia’s most influential political TV talk-show host, journalist and broadcaster. Pozner has hosted several shows on Russian television, where he has interviewed famous figures such as Hillary Clinton, Alain Delon, President Dimitri Medvedev and Sting. Pozner has appeared on a wide range of networks, including NBC, CBS, … Read more

Jim Rogers Warns : This is a Financial Crisis Like No Other – Preparing for Economic Collapse

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by Amy S.   Jim Rogers Warns : This is a Financial Crisis Like No Other – Helicopter Money Wont Fix Debt Bubble The markets took a lot of aspirins today, but they will wear off tomorrow, and the headaches should return. Dow should finish below 20,000 tomorrow. Unless they are given more aspirins. Eventually, though, … Read more

Some Of This Is About Insufficient Contagion Control, And Some Of It Is About Density And Inadequate Medical Infrastructure:

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New wave of infections threatens to collapse Japan hospitals. Hospitals in Japan are increasingly turning away sick people as the country struggles with surging coronavirus infections and its emergency medical system collapses. In one recent case, an ambulance carrying a man with a fever and difficulty breathing was rejected by 80 hospitals and forced to … Read more

The largest US bank is quietly shutting down ahead of a historic defaul shitstorm that is about to hit the US.

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via Zerohedge: Earlier this week, JPMorgan reported that its loan loss provision surged five fold to over $8.2 billion for the first quarter, the biggest quarterly increase since the financial crisis (even if its total reserve for losses is still a fraction of what it was during the 2008-2009 crash). And while Jamie Dimon was … Read more

The Miami Beach Convention Center is completely turned into a Hospital!

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The Army Corps of Engineers has just completed turning the Miami Beach Convention Center into a Field Hospital after the curve has flattened and handed it over to the NG. Anyone think it is strange they completed this so late in the game? Or is it for when the food runs out? https://www.remiamibeach.com/citywide/miami-beach-convention-center-lease-for-temporary-hospital-includes-a-reduced-rental-rate-sanitization-requirements/   One … Read more

Berkshire will shut some businesses, stay cautious in coronavirus ‘typhoon,’ Munger tells WSJ

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https://finance.yahoo.com/news/berkshire-shut-businesses-stay-cautious-184551618.html (Reuters) – Warren Buffett’s Berkshire Hathaway Inc <BRKa.N> will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman Charlie Munger said in an article published on Friday. “We’re like the captain of a ship when the worst typhoon that’s ever happened comes,” the 96-year-old … Read more

The Fed Just Put Gold in this Win-Win Situation

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Photo by Flickr.com | CC BY | Photoshopped   From Birch Gold Group Since March 23, the Fed’s balance sheet has soared like no other time in history, shooting up to more than $6 trillion. This is thanks to the “extensive new measures” that Chairman Jerome Powell decided to deploy, as a monetary moon shot intended to avoid severe economic disruptions. You can see the … Read more

Is Stock Rally Getting Too Thin?

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by Dana Lyons This furious stock rally has recently been accompanied by signs of historically poor participation. When judging the quality and potential sustainability of a risk-on rally, we like to see participation by a broad number of stocks in the market. As such, the prospects for the current stock market rally may be less than … Read more

Creating the New War That will Justify the Confiscation of American Assets in China

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by Martin Armstrong In Europe, the EU has used this coronavirus to justify nationalizing companies if the Chinese try to invest in any. In the United States, Congress wants to enact legislation to let Americans sue China over coronavirus damages. What is astonishing about this is that it has been established law that no American can sue the government … Read more