It’s Still Not Enough
by senor_tiburon The bailout the fed is offering considering won’t be enough. And they’re not giving money to consumers directly, so consumers won’t be able to deal with their rising debt. Bear gang chiming in here with some sexy DD to remind you to hold your puts. (Previously posted some of this as a comment in the … Read more
The Coronavirus Collapse Is Here: Get Ready For The U.S. Unemployment Rate To Hit 20 Percent (Or Higher)
by Michael Snyder As communities all over America shut down in order to help prevent the spread of the coronavirus, job losses are already starting to rise to extremely alarming levels. As you will see below, almost one out of every five households in the U.S. has already experienced “a layoff or a reduction in … Read more
This is not a black swan…
by SpontaneousDisorder Its not a black swan. This is a flock of black swans all at once. (actually a wedge but that sounds weird). The worst pandemic in 100 years, demand shock, supply shock, supply chain disruption and the financial system collapsing in all sorts of weird and interesting ways. Many people have just woken … Read more
Red/Green Castle Ready, Clock Activated, Stage Is Set
https://www.youtube.com/watch?v=r4nUjkFSeq8 The [DS] is pushing their agenda, the [V] has been neutralized but the MSM/[DS] and others can not deviate from the script. Trump and the patriots are using this to their benefit, why interfere with your enemy while they are destroying themselves. Trump mentions we are fighting an invisible enemy that is upon us. … Read more
US Government, Tech Industry Discussing Ways To Use Smartphone Location Data To Combat Coronavirus
The US government is in active talks with Facebook, Google and a wide array of tech companies about how they can use data gleaned from Americans’ phones to combat the novel coronavirus, including tracking whether people are keeping one another at safe distances to stem the outbreak. Public-health experts are interested in the possibility that … Read more
And now they are releasing prisoners in Brazil because of the coronavirus
https://g1.globo.com/rj/rio-de-janeiro/noticia/2020/03/17/traficante-e-solto-no-rj-por-risco-de-contaminacao-de-coronavirus.ghtml
Paul Craig Roberts: Economic Effect Of Coronavirus Could Be Revolutionary
by Paul Craig Roberts via PaulCraigRoberts.org Coronavirus and globalism will teach us vital lessons. The question is whether we can learn vital lessons that do not serve the ruling interest groups and ideologies. Coronavirus will teach us that a country without free national health care is severely handicapped. Millions of Americans live paycheck to paycheck. They cannot afford health care … Read more
Peter Schiff: Savings Are Tapped, All That’s Left Is The Printing Press
by Peter Schiff of Peter Schiff Podcast Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE. There are no atheists in foxholes; there are no free-market capitalists in a recession. If we fought WWII with bailouts, like the way … Read more
Illinois News Station Mistakenly Airs Election Day Results a Day Before the Primary Election
https://twitter.com/love4thegameAK/status/1239933782527885313 Illinois News Station Mistakenly Airs Election Results Day Before Primary Showing Joe Biden Victory WCIA aired Tues election results during a Mon showing of The Price is Right. The results showed Biden defeating Sanders by 93k+ votes. https://www.breitbart.com/politics/2020/03/16/illinois-news-station-mistakenly-airs-election-results-day-before-primary-showing-joe-biden-victory/
Ibuprofen – NHS withdraws advice telling sufferers to take it
Amelia Milner was given ibuprofen which made her symptoms worse The first warning about the painkiller came from France’s health minister ‘If your child has symptoms of coronavirus, DO NOT give them ibuprofen,’ Amelia’s step-father warned Do you have a coronavirus story? Email sam.blanchard@mailonline.co.uk Coronavirus symptoms: what are they and should you see a doctor? … Read more
Think Things Are Back To Normal In China? Think Again!
https://www.tomtom.com/en_gb/traffic-index/wuhan-traffic T
It’s Only Going To Get Worse: Start Thinking Months, Not Weeks
by Matt from Silver Fortune via Silver Fortune Start thinking long term…
BLOOD IN THE STREETS
by CRESCAT CAPITAL Dear Investors: Are you looking for securities to buy to take advantage of the carnage in the financial markets from the coronavirus? Baron Rothschild, the 18th-century British banker advised that “The time to buy is when there’s blood in the streets, even if it is your own.” He made a fortune buying government … Read more
Mnuchin – 20% unemployment possible
Which would bring us into a depression. Mnuchin warns virus could yield 20% jobless rate without action Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of the coronavirus, according to people familiar with the matter. Mnuchin discussed the scenario … Read more
NEW YORK may ORDER “SHELTER IN PLACE”! MAYOR SAYS PREPARE NOW
BREAKING: New York Mayor de Blasio says a shelter-in-place order for New York City is definitely a possibility, New Yorkers should prepare now. He says decision likely in the next 48 hours — Josh Lederman (@thejoshlederman) March 17, 2020 NEW YORK CITY – New York City Mayor Bill de Blasio warned New Yorkers on Tuesday to be … Read more
SAN FRANCISCO on 24 HOUR LOCKDOWN for 3 WEEKS
San Francisco is going the way of Italy with its coronavirus safety measures — the Mayor’s instituting around-the-clock curfew, banning almost everyone from leaving their homes. Mayor London Breed announced what she calls a “defining moment” in U.S. response to the pandemic. Beginning at 12 AM, all residents within the city can only leave home for doctor’s … Read more
We are getting started.
by SS2907 This panic has been going on for roughly a week and a half now and people are losing their shit, we all know this. City governments, including watershed departments are shutting down. Some news I found out today actually. The virus is still spreading rampant and my best guess is that most of … Read more
Be wary of upcoming fake-outs.
by kotdbt For those who have been through a prolonged bear market, feel free to skip or just comment “ban”. For the newer folks here, be prepared to have your emotions fucked with big time over the next few months. Markets can’t go straight down and in order to syphon money into the market so … Read more
Be Fearful when others are Greedy, be Greedy when others are Fearful
by MortalDionysus This is the principle I’ve invested on, this is the principle I’ve thrived on. In early 2007, there were many of us who could clearly see a storm was coming. When you’ve got people saying things like “they aren’t making any new land, real estate can only go up forever!” you know you’ve got irrational … Read more