Pandemic Pandemonium May Be “More Destructive” Than The 2008 Lehman Financial and Economic Collapse

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by GoldCore Gold in USD, GBP and EUR before, during & five years after Lehman ◆ “Coronavirus may be more destructive than the Lehman crisis” and “recession is imminent” warns Ambrose Evans-Pritchard in the Telegraph ◆ The outbreak has triggered a collision of unstable debt and the oil price crash is combining with a worrying level of corporate debt … Read more

PAYMENTS on MORTGAGES will be SUSPENDED across the whole of ITALY… RBS follows

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  Payments on mortgages will be suspended across the whole of Italy after the coronavirus outbreak, according to Italy’s deputy economy minister. pic.twitter.com/uto4LZAWgT — Guido Fawkes (@GuidoFawkes) March 10, 2020 Coronavirus: Italy suspends mortgage payments amid lockdown(independent.co.uk) Payments on mortgages will be suspended across the whole of Italy after the coronavirus outbreak, according to Italy’s … Read more

PredictIt now says that Hillary Clinton, not Bernie Sanders, is the 2nd-most-likely Democratic nom #NoRefunds

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Posted for "amusement", not as an endorsement: the prediction market PredictIt now says that Hillary Clinton, not Bernie Sanders, is the 2nd-most-likely Democratic nominee. https://t.co/aARP5GdoRC pic.twitter.com/d7qs0GSyfV — Nate Silver (@NateSilver538) March 9, 2020 538: UPDATE: Projected Chances of Winning the Democrat Nomination: Joe Biden: 96%, Bernie Sanders: 0.5% #NoRefunds https://projects.fivethirtyeight.com/2020-primary-forecast/?ex_cid=rrpromo   h/t dr0id

Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt

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By Nick Cunningham It’s one for the history books. Oil opened on Monday down roughly 25 percent, the sharpest decline in decades, and broader financial markets fell so precipitously that the circuit breakers put in place during times of volatility tripped, temporarily halting trading. The list of adjectives available to describe what is happening to the … Read more

Hillary Clinton descends into full-blown anti-Facebook paranoia – claiming this weekend that the popular social media site has “aided and abetted” its takeover by the “right-wing echo chamber.”

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via washingtonexaminer: Hillary Clinton has descended into full-blown anti-Facebook paranoia, claiming this weekend that the popular social media site has “aided and abetted” its takeover by the “right-wing echo chamber.” It is funny because she had no problem with Facebook in 2016, back when her failed campaign was mining its user data. Clinton certainly had little to … Read more

Exit polls show elections rigged

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https://youtu.be/t78Ff26-V8s Vote suppression https://www.wfaa.com/amp/article/news/politics/dallas-county-asks-to-recount-election-after-44-thumb-drives-discovered/287-84e19400-81bc-4256-bcb3-e25df380d699?__twitter_impression=true https://www.commondreams.org/news/2020/03/04/absolutely-unconscionable-hourslong-lines-vote-texas-super-tuesday-point-bigger https://www.yahoo.com/huffpost/texas-super-tuesday-rigged-election-231049446.html https://stuartbramhall.wordpress.com/2020/03/06/stolen-election-in-massachusetts-mismatch-between-exit-polls-and-reported-vote-count/amp/?__twitter_impression=true Back in 2004 when exit polls differed from vote count in Ohio, people said exit polls didnt matter but experts actually trust exit polls more than the actual vote count. Exit polls are vetted, reliable, transparent. So Kerry in fact won the election and should have been President. For … Read more

Jim Rickards: We’re Heading Into Negative (Real) Interest Rates

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by Jim Rickards via Daily Reckoning Last July I was in Bretton Woods, New Hampshire, along with a host of monetary elites, to commemorate the 75th anniversary of the Bretton Woods conference that established the post-WWII international monetary system. But I wasn’t just there to commemorate  the past —I was there to seek insight into the future of … Read more

Stocks Aren’t Cheap & The Economic Data Is Worsening

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by UPFINA Markets are more liquid than ever, in terms of trading volume, and information flows freer and quicker than ever. This economic expansion has been modest, but consistent. That’s what makes the chart below so shocking. I think we are in a new era of "sudden shocks". Under-appreciated forces are both making stretches of calm … Read more

U.S. Only Has Record of 1,707 Coronavirus Tests Being Conducted Nationwide (U.S. Population: 329M) Worse Than Anywhere Else

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BUSINESS INSIDER: U.S. Only Has Record of 1,707 Coronavirus Tests Being Conducted Nationwide (U.S. Population: 329,000,000); U.S. Testing Rate of 5 People Per Million Is Exponentially Worse Than Anywhere Else Testing Data Is Available https://twitter.com/SethAbramson/status/1237161966197710848   h/t MoonPie

It’s a credit event now. Someone is in trouble behind the scenes. Credit is suggesting a crisis

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It's a credit event now. Someone is in trouble behind the scenes. Credit is suggesting a crisis — Graham Summers, MBA (@gsummersmba) March 9, 2020 U.S. credit market fear gauge rises most since Lehman Emerging Market credit spreads have worst day since Lehman The Since-2007-O-Meter rises two points to another all-time high pic.twitter.com/DAOYKaNZHA — Not … Read more

The Straw That Broke The Fed’s Back: Ron Paul

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Close observers of the un-constitutional and immoral Federal Reserve realize that there is trouble in the central planners paradise. As happens with all attempts at trying to micromanage the world, the point is finally reached where the micromanagers are completely overwhelmed by problems of their own making. When the final story of The Fed is … Read more

This Is Why We Have Not Seen The Bottom Yet…

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And this is why we have not seen the bottom yet.Until full capitulation is reached…we will remain volatile. (Most) Investors have a bad habit of buying at the top and selling at the bottom, and as long as most remain full bull, we aren't done.https://t.co/j8NdrSaSb6 — Markets-like people-should be free-TQN-👑 (@TechQn) March 7, 2020 High … Read more

Triggered DNC Chairwoman Initiates Full-Blown ATTACK on RNC Chairwoman With One SICK Comment

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https://www.youtube.com/watch?v=6-ShiJ-dR1o Mike Brest from Washington Examiner reports, Republican National Committee Chairwoman Ronna McDaniel responded to her former Democratic counterpart Donna Brazile’s strong rebuke of her comments on a potential brokered convention for 2020 Democrats. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…

Even The Best-Case Scenario Is Pretty Grim

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BY JOHN RUBINO  Let’s say President Trump is right about the coronavirus “miraculously” fading away as temperatures rise in the Summer. Will things then go back to the old normal of globalization, free trade and finance-driven “growth”? Almost certainly not, because the psychological damage has already been done. Over the past couple of weeks the modern globalized economy … Read more