Crisis Actor Exposed, The Media Lies!

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A video surfaced showing horrible conditions of a NYC hospital during the outbreak. The woman interviewed appears to be a crisis actor and a shill. Stop believing Media lies. Watch and see for yourself. https://www.youtube.com/watch?v=MU4LqZXk1oo&feature=youtu.be&app=desktop   AC

Los Angeles Sheriff Loses Emergency Title After Attempted Second Amendment Restrictions

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Los Angeles Sheriff Alex Villanueva has received bitterly disappointing news from the county board of supervisors, stripping him of his title as chief of emergency operations citing his prior ineptitude in times of crisis. The decision was unanimous and comes following Villanueva’s flirtation with the idea of closing down gun stores during the coronavirus pandemic, … Read more

Oil to crash again

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by jok178 Thur/Friday Brent jumped from 22 to 30.5 thanks to Trumps tweets about fixing the crisis with an OPEC meeting. Here is what we know: -Oil supply is expected to beat demand by 30mbd (million barrels per day) in April -Trump wants Saudi and Russia to cut 10mbd -If Saudi and Russia cut 10mbd … Read more

VIX lost more than half in October 2008 before going right back up within 30 days or so.

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https://twitter.com/sendtomatteo261/status/1246187290906570752 Liquidity matters, even in the crisis! S&P 500 has dropped >2% this week in tandem w/ global money supply. pic.twitter.com/tZAQa6Zl5z — Holger Zschaepitz (@Schuldensuehner) April 4, 2020 Severe Recession May Cause Additional Pain For Stock Market Investors Details and Charts: https://t.co/yZqkThgmhm$GLD $TLT $SPY $IEF $VGT $AGG $QQQ $GDX $VIX $EEM $VEA $EFA $IWM $XLF … Read more

Canada sent 16 tonnes of masks, face shields to China

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“Today’s news is outrageous,” Scheer said in a written statement. “Justin Trudeau needs to explain why he sent 50,118 face shields, 1,101 masks, 1,820 goggles, 36,425 medical coveralls, 200,000 nitrile gloves and 3,000 aprons from Canada’s own government reserves overseas in February.” While Health Canada wouldn’t say what remains in national stockpiles of personal protective … Read more

San Francisco FAIL. Welcome Back, Plastic Bags. Reusable cloth bags BANNED!

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via nationalreview They’re better, cheaper, and safer than reusable cloth bags. Liberals hate that. Single-use plastic bags are a miracle of modern technology. Cheap, light, convenient, and ubiquitous, they provide an elegant solution to a problem. If you recycle them, as most people do, and put your rubbish in them, that creates a net reduction in carbon … Read more

Russian Government Takes Over Oil Assets in Venezuela to Protect Them from US Sanctions

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from Russia Insider: Now if Washington wants to keep this it will have to sanction Russia itself. In the past weeks the Kremlin has shown it’s willing to punch back as well as take drastic necessary defensive action in the face of Washington sanctions at a moment America is preoccupied and made more vulnerable by the coronavirus threat — first … Read more

WARNING: Iran deploys missile launchers on Qeshm island overlooking the strait of Hormuz

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Iran also deployed other anti ship systems, anti air systems, and missiles that can reach Saudis and other gulf states. Iran has tech and guidance from Russia and China, the right place to test their carrier killers Iran is ready to confront any US/Israeli aggression. Deployment of missile launchers on Qeshm Island overlooking strait of … Read more

FISC Orders FBI To Name Names That Audit Revealed To Be Illegally Spied On Using FISA

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by sundance Things are getting interesting, potential ramifications are growing, as the FISA Court responds to the latest information from the DOJ Office of Inspector General (OIG). After a review of 29 FISA applications, from eight FBI field offices, the OIG informed the FBI and DOJ that none of the surveillance applications were compliant with the Woods procedures. … Read more

Bank of America, SBA loans 6 Billion, assuming 1% fees, will earns 60m in first HALF day

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https://www.cnbc.com/2020/04/03/bank-of-americas-small-business-loan-portal-is-up-making-it-the-first-bank-to-accept-applications.html Bank of America recieves request for SBA loans worth 6 Billion in first half day. If we assume 1% fees (which varies between 5%-1%), BAC will earn at least 60m in first day. Bank of America said that about half way through its first day administering a small business relief program, more than 58,000 … Read more

Mortgage Servicing Crisis 2 – Forbearance

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by HowGreatAreYourDanes Mortgage Servicing Crisis – Chapter 2 – Forbearances I submitted a post last week summarizing some issues in the mortgage industry. It was a long article from Barry Habib with some insight/conclusions. I’m writing this to add to that post with some additional info about what’s going on in the industry and how … Read more

China’s unemployment crisis mounts, but nobody knows true number of jobless

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As many as 205 million Chinese workers cannot find jobs or are unable to return to their previous posts, according to one analyst Debate over China’s unemployment reality amid coronavirus heats up, with holes picked in official government statistics https://www.scmp.com/economy/china-economy/article/3078251/coronavirus-chinas-unemployment-crisis-mounts-nobody-knows

TSLA default protection trade

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by hanudu Someone took advantage of the pop in the stock and paid $0.44 for 631 of the June 2022 $5 strike puts The stock is trading around 500. Risking $0.44 to make $4.56, so getting more than than 10 to 1. This might be someone that is long TSLA bonds or has some other … Read more

Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up. 30% mortgage defaults coming! VIX about to explode in coming weeks again?

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Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up; & in @MoodysInvSvc worst-case scenario, default rate could spike above 20% (past GFC levels) @Reuters @SPGlobal pic.twitter.com/6d39olHH0W — Liz Ann Sonders (@LizAnnSonders) April 3, 2020 Sure is interesting how all those BBBs have maintined their investment grade ratings with Fitch … Read more

The forthcoming cascade of job losses, bankruptcies, oil gluts, and economic destruction could far exceed the Great Depression of the 1930s.

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via MN Gordon “The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Dollar Debasement The monster of all monsters is rampaging far and wide.  The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, … Read more