How Dead is the Fed?

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by David Haggith You can only be so dead, and that’s just “plain dead.” But there is also Feddy Krueger dead. The kind of dead that keeps on happening like a demonic death that won’t stay dead. It is in that nightmarish Elm St. light that I’m going to review the Federal Reserve’s death. It’s happened via face-plant … Read more

AMC JUST HAD 97% LAYOFF!

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26,000 employees that were notified of layoff’s. https://finance.yahoo.com/video/amc-ceo-coronavirus-closings-caused-193352495.html https://www.msn.com/en-us/money/video/amc-to-close-us-theaters-for-6-12-weeks-we-need-relief-right-now-says-ceo/vi-BB11qD92   AC

Inside info from a truck driver. Shutdowns/lockdowns & restricted travel to get far worse & enforced!

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Truck Drivers / Trucking companies often find out things before anybody else, especially in an emergency situation that we are in because without truck drivers everything stops and we see and learn a lot across the country and at shippers and etc. It is now being expected that mass shutdowns/lockdowns and people not allowed to … Read more

Is this real life?

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A comment on Zero Hedge: Now, lets summarize what is currently happening -Somebody’s precious little bioweapon escaped the lab probably 6 months ago -Practically everything is shut down right now. I haven’t seen my town this quiet since 9/11 -All major sportsball events are cancelled -Practically all large events are cancelled -We still have barely … Read more

You want less criticism? Stop being such garbage.

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HARSH, BUT FAIR: Related: Also: And: You want less criticism? Stop being such garbage. Every time China kicks out some of their fellow journalists the White House press corp responds by attacking Trump using China’s preferred narrative to ingratiate themselves with Beijing.   h/t GR

CNBC: “Goldman sees unprecedented stop in economic activity, with 2nd quarter GDP contracting 24%”

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Goldman Sachs economists forecast a historically sharp and swift recession, with second-quarter GDP sinking a stunning 24% after a 6% decline in the first quarter. The economists had expected a decline of 5% in the second quarter, after a flat first quarter but they said social distancing measures have affected many sectors of the economy … Read more

BREAKING: Pence staffer tests positive for coronavirus, becoming first-known case of a White House employee

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Watch the latest video at foxnews.com A staff member in Vice President Mike Pence’s office has tested positive for coronavirus, a spokesperson for Pence announced Friday evening, making that the first White House staffer known to have the virus. “‪This evening we were notified that a member of the Office of the Vice President tested positive for the Coronavirus,” … Read more

This storm will be here for some time and we will feel the aftershocks for many years to come. If you can, try to support your local community as much as you are able.

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https://twitter.com/LordPolemos/status/1241048837197725697 https://twitter.com/Techs_Global/status/1241063958666194954 The largest US investment-grade bond ETF ( $LQD ) has given up a decade worth of gains in a matter of days @SoberLook pic.twitter.com/2OqtRrjoTu — The Long Game (@7LongGame) March 20, 2020 https://twitter.com/NorthmanTrader/status/1241033792833433610 U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home [Washington Post]

The New FICO Score Is Coming: How To Prepare

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With a worldwide pandemic taking place, the economy is taking a nose-dive into a recession. The unfortunate turn in events has many people worried about their financial future as companies begin their rounds of layoffs. Unfortunately, this chain of events happened after FICO, or the Fair Isaac Corporation, had already announced that their current FICO … Read more

Fed Printing $75 Billion A Day! But the Global Economy Falls Into Recession Rapidly!

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Do you think that most central banks will eventually buy stocks? The central banks around the world are still reducing interest rates and printing more money. The Fed, the ECB, the Bank of England, RBA, and every other central bank are completely exhausting all options. “Helicopter” Ben and Janet Yellen have now suggested the Fed … Read more

Spot the bubble before it bursts

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by cinemagical414 Every financial crisis is exactly the same. Investors figure out a fun new way to make money, lever up their investments, convince dumber investors and businesses to buy in, lever up some more, spread the risk around the entire financial system, and ride the wave up until it crests and crashes. In the … Read more

THIS IS EXTREMELY IMPORTANT: Truckers appeal to US to keep rest stops, gas stations open: “In this current crisis, we ask for your help in supplying America, together.”

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via mercurynews As the United States gradually shuts down in a bid to slow the spread of the coronavirus, the trucking and tire industry is appealing to the government to allow gas stations, rest stops, and repair facilities to remain open to keep deliveries rolling. Pennsylvania’s Department of Transportation, for example, shut down all of its … Read more