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by Martin Armstrong Here we go with the same old hypothesis over the Quantity Theory of Money that Trump is (1) nationalizing the Fed, (2) the Fed’s actions are worse than the virus, and (3) Forbes proclaims that the Trump & the Fed are destroying the dollar. It is really fascinating how these propositions running around are … Read more
Mid-November in Wuhan, China, and cases of a strange new flu start surfacing. In a sprawling city of 11 million people, the coronavirus, our invisible brutal enemy was born – festering at least a month and a half before the world was told. In January President Xi Jinping made a decision that would ultimately condemn … Read more
by Daniel Lacalle via Mises Wire Before analyzing the emergency plans that the global economy needs, we must remember that, as in the past, the prudence and responsibility of the civil society and businesses will help us to get out of this crisis . In the face of an unprecedented crisis, we have to be realistic, responsible and … Read more
by The Phoenix Stocks are up somewhat this morning. This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to limit down (March 2nd and 9th). In the simplest of terms, the panic … Read more
Conventional wisdom tells us that it is necessary to set aside 12 months of money to cover for emergency situations. When you are living from paycheck to paycheck it is difficult if not impossible to save money and live a good life. You need to make a decent income, otherwise you will barely cover for … Read more
https://www.invidio.us/watch?time_continue=5&v=OBhrb3kNP7M&feature=emb_logo : Graham on Pelosi Blaming Trump for People Dying: “Most Shameful, Disgusting Statement in US History” – YouTube SAN FRANCISCO VIRUS: Pelosi Blames Trump for Coronavirus Deaths. Pelosi, touring San Fran’s Chinatown Feb. 24: “We do want to say to people, come to Chinatown, here we are … come join us” Pelosi, touring San Fran’s … Read more
Not a couple months and its over. Get Comfy, cause it’s a Long Road… Democrats are keen on including additional direct payments to Americans in the next coronavirus response bill, arguing more needs to be done to provide financial stability as the pandemic ravages the economy. A number of Democratic lawmakers have offered proposals for … Read more
by OwnPlant https://www.judicialwatch.org/wp-content/uploads/2015/07/07-07-15-CNN-Hillary-interview-excerpted-2.pdf But I think what people talk to me about –and that’s all I can go on –is the literally thousands of people that I’ve seen in the course of this campaign. They want to know what I’m going to do for the economy, what I’m going to do for education, what I’m … Read more
federal license to transport gun and ammo cannot buy ammo for another person, like your wife or brother poor won’t be able to afford the license background check reform: outlaw private sales can’t gift your guns without paying transfer fee 7 day waiting period minimum age for purchasing firearm and ammo – 21 you have … Read more
Gallup poll from last week on the approve/disapprove rating of 9 institutions: US hospitals: 88/10 School/daycare: 83/9 State gov: 82/17 Employer: 82/14 CDC/NIH: 80/17 Mike Pence: 61/32 Donald Trump: 60/38 Congress: 59/37 News media: 44/55 Media was the only majority negative https://twitter.com/RealSaavedra/status/1244398526747914242?s=19 People generally approve of the president. They generally disapprove of the media. Continue … Read more
by kafkagoeswest This Yahoo Finance article caught my eye: In it, the author Lulu Yilun Chen (A Bloomberg news China reporter), starts with an interesting graph (below). In the less than a decade, China will have grown from less than 5 trillion dollars in asset management (2013), to 30 trillion… ABSOLUTELY UNHEARD OF HISTORICAL GROWTH. … Read more
Source: https://www.redstate.com/alexparker/2020/03/28/andrew-cuomo-donald-trump-quarantine-cnn-declaration-of-war-coronavirus/ Note: I had multiple sources, but the link above happened to have everything I needed on it. Here’s a very simple sequence of events. POTUS says, “Hey, maybe I’ll put a federal quarantine around New England.” Cuomo says something vaguely threatening. Trump backs down, backs off, cancels the quarantine. What does it mean? I’ll … Read more
by OB1_kenobi So if you’re like me and you spend a bit of time on reddit, you’ll notice a few things. United States Coronavirus: 142,746 Cases and 2,489 Deaths … Plenty of people have posted links claiming the US now has more cases than any other nation in the world… all Trump’s fault of course. … Read more
by Charles Hugh-Smith We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won’t repair the eroding foundations of tax revenues. As we all know, the federal government can “print” money but state, county and city governments cannot. The Treasury can sell bonds to fund deficit spending, … Read more
Now even the fig leaf is gone. By Karen Parker Feld, The Irreverent Economist at Paladin Advisors: On March 23, the Fed announced its largest-ever intervention in the financial markets. Bazooka is too timid a word to describe it. More like a neutron bomb. Our central bank, supposed defender of the currency and the stability of markets, can now … Read more
by Michael Snyder It appears that we are heading into the worst economic downturn of the post-World War II era, and that is going to be true no matter how this coronavirus pandemic ultimately plays out. There are some that believe that this virus will only kill thousands, and there are others that are warning … Read more
by MW [Sebastian] Kurz said, that he is aware, that a lot of people would have loved to hear, that the measures will be lifted, but in reality, ‘it is a marathon’ (“dass viele Menschen hören wollten, dass die Maßnahmen gelockert würden. ‘Aber die Wahrheit ist, es ist ein Marathon’”) From wednesday on, it will … Read more
by DCG As you know, the World Health Organization (WHO) is an agency of the useless United Nations. Completely useless, both of them in my opinion. China has LIED to WHO and they, in turn, have LIED to the world: I’ve seen many theories online as to how China controls WHO. See an example on … Read more
Why can’t we just do what the South Koreans did, without all the drama, hysterics, lies and other assorted bullshit? Coronavirus: South Korea has more recovered patients than sick WORLD NEWS MARCH 28, 2020 / 9:59 AM March 28 (UPI) — South Korean health officials said Saturday that for the first time since the country’s … Read more
By Irina Slav As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently. As fate would have it, in what many would have until recently considered an impossible scenario, a lot of U.S. shale might do just that. Breakeven prices for U.S. shale basins … Read more