“The good news is we came into this with a much stronger banking system.” * It’s so strong it needed 6 months of non stop repo before the Coronavirus even hit.

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https://twitter.com/NorthmanTrader/status/1242797427096248320 https://twitter.com/QTRResearch/status/1242797311820025856 What are the chances that all debt (IOU) will be re-payed, mortgage loans, student loans, car loans, government loans, bank saving deposits, corporate loans, derivative, paper gold, paper bitcoin IOU's … what are the chances? pic.twitter.com/4fk9TQwz4f — PlanB (@100trillionUSD) March 25, 2020

$6 trillion bailout! If you aren’t $18,000 richer after all is said and done, don’t worry, someone else is.

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https://twitter.com/dollarsanddata/status/1242606164111736837 Friendly Reminder: Giving someone $1,200 isn't going to inspire them to go buy a Chevy Tahoe….particularly if they're worried about hospital bills or just paying the rent because they wonder if they'll have a job next week. — John Tuld (@BradHuston) March 25, 2020 Congress has agreed to a $2 trillion stimulus bill to … Read more

Why QE Is Not Working

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Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, “The process by which money is created is so simple that the mind is repelled.” – JK Galbraith By formally announcing quantitative easing (QE) infinity on March 23, 2020, the Federal Reserve (Fed) is using its entire arsenal of monetary stimulus. Unlimited purchases of Treasury securities and mortgage-backed securities for … Read more

Coca-Cola (KO) hit an almost 7 year low today. Why is it getting hammered more than others in its industry?

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by lanismycousin   KO makes much of it’s money from selling it’s sodas to restaurants, amusement parks, sports/concert venues, movie theaters, vending machines, airports/airlines, cruises, etc. With the stay in place orders, forced restaurant/venues closures, and lowered foot traffic out there less people are going to be buying sodas and other coca cola products. So not … Read more

Need a job? Federal Reserve is on a law enforcement hiring spree.

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San Francisco: https://www.glassdoor.com/job-listing/federal-reserve-law-enforcement-officer-federal-reserve-bank-of-san-francisco-JV_IC1150505_KO0,39_KE40,77.htm?jl=3532226587&utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic Dallas: https://www.glassdoor.com/job-listing/law-enforcement-officer-i-federal-reserve-bank-of-dallas-JV_IC1139977_KO0,25_KE26,56.htm?jl=3499662988&utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic Saint Louis: https://www.linkedin.com/jobs/view/senior-law-enforcement-officer-night-shift-at-federal-reserve-bank-of-st-louis-1771465541?utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic Salt lake City: https://frb.taleo.net/careersection/5/jobdetail.ftl?job=263509&iniurl.src=LinkedIn&tz=GMT-04:00&tzname=America/New_York Memphis: https://www.glassdoor.com/job-listing/senior-law-enforcement-officer-federal-reserve-bank-of-st-louis-JV_IC1144463_KO0,30_KE31,63.htm?jl=3472928137&utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic Seattle: https://www.glassdoor.com/job-listing/federal-reserve-law-enforcement-officer-federal-reserve-bank-of-san-francisco-JV_IC1150505_KO0,39_KE40,77.htm?jl=3532226587&ctt=1584976698731 El Paso: https://www.glassdoor.com/Job/federal-reserve-law-enforcement-officer-jobs-SRCH_KO0,39.htm?jl=3530819858 Los Angeles: https://frb.taleo.net/careersection/5/jobdetail.ftl?job=263610&iniurl.src=LinkedIn&tz=GMT-04:00&tzname=America/New_York Jacksonville: https://frb.taleo.net/careersection/5/jobdetail.ftl?job=263278&iniurl.src=LinkedIn&tz=GMT-04:00&tzname=America/New_York Atlanta: https://frb.taleo.net/careersection/5/jobdetail.ftl?job=262169&iniurl.src=LinkedIn&tz=GMT-04:00&tzname=America/New_York That’s enough, you get the idea     h/t FP

Where is the two trillion dollar stimulus money coming from? Oh that’s right created out of thin air! Media won’t tell you that!

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by FP More trillions of dollars or actually debt backed fiat currency being created out of thin air and loaned out by the Federal Reserve that’s not even Federal. All these trillions being created dilute the currency supply causing YOUR MONEY TO ACTUALLY BE WORTH LESS through inflation. Your purchasing power will become less and … Read more

“Amazon removes more than 3,900 seller accounts from US store due to ‘coronavirus-based price gouging’” look again

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saw threads for highest prices on TP and peanut butter selling on amazon, super high prices. Now, amazon did something about it. Amazon removes more than 3,900 seller accounts from US store due to ‘coronavirus-based price gouging’ Amazon announced Monday 23rd that it has removed more than 3,900 selling accounts in its U.S. store for … Read more

BusinessInsider: “People who have gotten the new coronavirus and recovered can get it again in the future – recovering does not make you immune

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People can get the coronavirus more than once, experts warn — recovering does not necessarily make you immune People who have gotten the new coronavirus and recovered can get it again in the future, health authorities say — the body does not become immune after infection. https://www.businessinsider.com/wuhan-coronavirus-risk-of-reinfection-2020-2?op=1  

FORBES: Spain: “Madrid’s Ice Palace ice rink is being repurposed into a temporary mortuary to house dead bodies” #Coronavirus

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Tangent: In a sign of the strain that Spain is under to deal with the rising number of deaths, Madrid’s Ice Palace ice rink is being repurposed into a temporary mortuary to house dead bodies, until they can be collected by funeral homes that are currently over capacity. https://www.forbes.com/sites/isabeltogoh/2020/03/24/spain-elderly-care-home-residents-found-dead-in-their-beds-as-coronavirus-toll-worsens/#2a4d9a976670 Spain: Elderly Care Home Residents Found … Read more

UK’s Prince Charles tests positive for coronavirus

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Prince Charles has tested positive for coronavirus, suffering mild symptoms. He is self-isolating at his home in Scotland with the Duchess of Cornwall, who does not have the virus, Clarence House has confirmed. A statement released on Wednesday morning said that it was “not possible to ascertain” from whom His Royal Highness the Prince of Wales had … Read more

NY Governor Andrew Cuomo Blasts FEMA For Not Providing Ventilators He Refused to Order in 2015….

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by sundance Earlier today New York Governor Andrew Cuomo blasted FEMA during a press conference for sending 400 medical ventilators when his state needs 30,000.  WATCH: . However, in 2015 the New York State Department of Health specifically studied the issue, warned about a critical lack of ventilators during a pandemic, and the New York Governor made a specific … Read more

Pelosi Suffers Massive Political Hit – Abandons House Scheme – Announces Acceptance of Senate Bill…

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by sundance You can tell when Speaker Pelosi recognizes a political backlash for her manipulative schemes because it’s the only time she blitzes the media. After suffering a very large political hit, beyond the capability of the media to defend, Pelosi said today the House will take up the Senate coronavirus bill. The writing was on the … Read more

Negative interest rates just hit United States. Pay the government to loan them money! What a deal!

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Overnight I caught this….. That is not a glitch and you are reading that right.. a negative rate Treasury bond! Later on it did go up slightly into the positive View post on imgur.com https://www.cnbc.com/quotes/?symbol=US1M Regardless it went negative and we are going negative again even more so. That is the trajectory we are on. … Read more

Military coming to New York & Seattle to deploy Army field hospitals! Military can’t meet all governors need for help!

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https://www.thenewstribune.com/news/coronavirus/article241440106.html View post on imgur.com View post on imgur.com View post on imgur.com “I’ve spoken with seven, eight, nine, 10 governors so far. Each one of them has had requests for field hospitals. Those who have been along the coastline have talked about the need for ships, so we clearly can’t meet everybody’s needs with … Read more