https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for-the-economy Even as the United States continues to experience its longest economic expansion since World War II, concern is growing that soaring corporate debt will make the economy susceptible to a contraction that could get out of control. The root cause of this concern is the trillions of dollars that major U.S. corporations have spent … Read more
Just as a case study here since a lot of people are asking “when is a good time to buy” and so on. It is always nice to reflect on what the “best time to buy” was for previous major corrections. AC
https://www.bloomberg.com/opinion/articles/2020-03-17/coronavirus-stock-crash-is-time-to-do-nothing-don-t-be-buffett-k7vef8o8?sref=5M6fXPU6 The following is an opinion piece posted on Bloomberg yesterday. The author, John Authers, essentially make an argument for investors to simply do nothing. Extreme situations create opportunities; they also offer the chance to lose ungodly sums of money. That is why we need to be careful with what psychologists call activity bias. It is a natural … Read more
Kinda don’t blame them, but I don’t think they are necessarily doing it for the right reasons. https://twitter.com/_EmmaGH/status/1239957248241291264 Breaking News: China said it would expel American journalists working for The New York Times, The Wall Street Journal and The Washington Post https://t.co/iQ84ISO9HW — The New York Times (@nytimes) March 17, 2020 Builder
It simply means the higher that Gold line goes, more likely a Chinese economic crisis and more epic when crashing. It’s like staying awake without sleep on meth, longer and more you take means bad news when you eventually crashes. Those are some extreme Overdose levels right there, probably an instant death for normals. … Read more
BNO Newsroom @BNODesk Dutch Healthcare Minister Bruno Bruins has collapsed in parliament during a debate about coronavirus Dutch Healthcare Minister Bruno Bruins has collapsed in parliament during a debate about coronavirus pic.twitter.com/sjtbdCA6QZ — BNO News (@BNOFeed) March 18, 2020 AC
WELL, IF BY “FALSE CLAIM” YOU MEAN “LIE.” Media, Democrats Ran With False Claim Trump ‘Disbanded’ Pandemic Office. The official who once ran the White House pandemic program dismissed a false Democratic talking point that Trump eliminated the pandemic-response team and criticized reporters for parroting the claim in news stories. “No, the White House didn’t ‘dissolve’ … Read more
I have to go back and listen but I thought he said that many Americans depend on fast food and a larger amount will in the future. I’m going to try and find the clip. Was curious if anyone else noticed it and thought it was odd. Here is a video. The specific comments start … Read more
by John W. Whitehead “Fear is a primitive impulse, brainless as hunger, and because the aim of horror fiction is the production of the deepest kinds of fears, the genre tends to reinforce some remarkably uncivilized ideas about self-protection. In the current crop of zombie stories, the prevailing value for the beleaguered survivors is a sort of … Read more
The CDC held a meeting in February with epidemic experts where four scenarios were presented of way coronavirus could spread in the US In the worst-case scenario, between 160 million and 214 million people would be sickened during the epidemic As many as 21 million people were hospitalized and up to 1.7 million people died … Read more
Most farming regions allow for migrant workers to come and help with pruning, tending, picking, sorting etc. Most of the migrant workers in our region come from Mexico. This allows farmers to pay them below minimum wage. Farmers provide housing for the migrant workers while they are here in Canuckistan. Winter is just ending and … Read more
#BREAKING NY Gov Cuomo says Trump is arranging to send a hospital ship with 1,000 rooms on it to New York Harbor. #coronavirus #COVID19 — m🎄🎅 (@Chronolxgical) March 18, 2020 https://twitter.com/disclosetv/status/1240302272581681154 NEWS: New York Gov. Andrew Cuomo says President Trump has agreed to dispatch the USNS Comfort, essentially a floating hospital with 1,000 rooms, to … Read more
by Egon von Greyerz The global stock markets are crashing, but there is still a lot of room to move down. Corona is being used as an excuse to push through many measures, the result of which will be the destruction of paper money. The seemingly exaggerated measures have a nasty aftertaste, as if the … Read more
Restaurants are closing. Toilet paper is flying off the shelves. Arrests are being put on hold. Is there an end to the madness the coronavirus has inflicted on our nation? In Philadelphia, crimes are no longer being treated as crimes as law enforcement has been instructed to stop making arrests. No, seriously. The list of … Read more
BY JOHN RUBINO One of the oddities of the coronavirus pandemic has been its apparent preference for rich countries. The reason is thought to be that most developing countries are in warmer climes, and viruses don’t spread as readily in heat and humidity (which is why flu season in the US begins in the Fall and … Read more
BY JOHN RUBINO Rick Rule: In a panic, everything sells off, but gold does well in a negative interes rate environment … Chris Martenson: Leaked documents show how bad the pandemic might be … Nouriel Roubini: With stimulus of 3% of GDP, this will be a sharp but short contraction … Doug Casey: You can’t imagine … Read more
They’re beginning to wake up and it’s too late. Some think restaurants will stay open. Most don’t have enough food for the day. I just went out to my local mini supermarket and it’s almost all empty again even at opening time. I think this could be the scenes in London as well soon enough. … Read more
I work for a major grocery chain, for fear of losing my job, I have sat on this but its time to get this out and maybe others here have already shared this information here. Our stores are now limited to what they can order for the store, it’s nowhere enough to fill our shelves. … Read more
