Last Friday’s #crude oil drop was the biggest in 5 years. Tonight’s drop will make Friday’s drop look like peanuts.

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Last Friday's #crude oil drop was the biggest in 5 years. Tonight's drop will make Friday's drop look like peanuts. #OOTT #WTI $USO pic.twitter.com/u7RowqNjMa — IV (@iv_technicals) March 8, 2020 Oil now a ‘bigger problem for markets than the coronavirus,’ analyst says Oil prices plunged on Friday as OPEC and its allies failed to reach … Read more

Responding To Epidemics Requires Flexibility. Regulation Takes Away Flexibility.

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A Self-Inflicted Crisis: Overregulation has played a dangerous role in America’s coronavirus outbreak. It’s troubling that community spread in Washington State and other parts of the U.S.—possibly affecting hundreds to thousands of individuals—wasn’t detected sooner. Overregulation of diagnostic testing has played a major role in this delay. For weeks, the CDC operated the nation’s sole … Read more

There is a reason for canceling public gatherings. In a pandemic, don’t be Philadelphia (held a parade in 1918 when cases started to come up…)

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There is a reason for canceling public gatherings. In a pandemic, don't be Philadelphia (held a parade in 1918 when cases started to come up, downplayed cases), be St. Louis (canceled gatherings). More here: https://t.co/KE7RYbxDGM @mlipsitch pic.twitter.com/wyrHx0nOLA — Florian Krammer (@florian_krammer) March 6, 2020 There is a reason for canceling public gatherings. In a pandemic, … Read more

U.S. Surgeon General: “…you’re going to see more deaths. But that doesn’t mean that we should panic.”

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Ana Cabrera @AnaCabrera · 49m #coronavirus: The U.S. Surgeon General says the U.S. is moving from a containment phase to a “mitigation phase, which means… you’re going to see more cases. Unfortunately, you’re going to see more deaths. But that doesn’t mean that we should panic. #coronavirus: The U.S. Surgeon General says the U.S. is … Read more

ITALY EMERGENCY MEASURES. Hospitals may soon soon put an age limit to enter ICU “to save scarse resources for who has the largest chances of survival”

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Sh*t hitting the fan. ITALY EMERGENCY MEASURES 16 days after the beginning of the outbreak, the Italian government took decree today to take exceptional measures to contain about 16 million Italians living in 14 provinces in the north of the country, as well as restrictive measures covering the whole country. [source] Northern Italy under lockdown … Read more

OIL CRASH OF 2020 – DD

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by SEEANDDONTSQUEAL The following news released since Fridays OPEC failed meeting: https://www.cnbc.com/2020/03/06/opec-meeting-coronavirus-weighs-on-oil-demand-as-oil-prices-fall.html ​ Some key points from the article are as follows: – OPEC and non-OPEC allies failed on Friday to agree on how much oil production to cut amid the coronavirus outbreak – Russia reportedly refusing to give the green light to the deepest … Read more

My predictions over the next 24 months.

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My predictions over the next 24 months.1.Europe to implode and default on debt3. Housing to drop by 60% 4. Global depression5. 60% of companies will need bailout 6. 80% of banks to be nationalized.7. Junk bonds to implode8. Markets to drop by 60%9. Toilet paper mania. — The Great Martis (@great_martis) March 7, 2020 S&P500: … Read more

American Hospital Association “Best Guess Epidemiology” for #codiv19 over next 2 months:

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Source on American Hospital Association numbers:https://t.co/fApRlWrjSh Source on flu stats:https://t.co/Rlmm3ZzhDn — Seth Bannon (@sethbannon) March 7, 2020 If pandemic becomes critical the # of hospital beds will matter:US 2.8 per capChina 4.3Germany 8S Korea 12.3 H/t @Schuldensuehnerhttps://t.co/fWf17JBM7S pic.twitter.com/gvATl0YJ2D — Adam Tooze (@adam_tooze) March 8, 2020

Race is over, Dementia-Biden will be the nominee, he will win on the 1st ballot

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https://thehill.com/opinion/campaign/486…e-bust?amp All the digital ink spilled about Super Tuesday is fawning over former Vice President Joe Biden and his miraculous comeback. But the fact is that Biden’s winning comes down to two things. First, Sen. Bernie Sanders (I-Vt.) is a weak candidate whose success was built on quirks in the Democratic nominating process, not on … Read more

CO2 Now Shown To Cause COOLING Rather Than Warming of Climate

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by Natura Naturans In yet another new paper (Drotos et al., 2020), scientists determine the climate sensitivity to CO2 is “practically zero” the more the concentration rises. A ~4450 ppm CO2 concentration has cooler climates than observed in the pre-industrial (278 ppm) era. Why? A self-amplifying cloud feedback mechanism cools the Earth by magnitudes “as large … Read more

Short $INDA

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by PeenusTits I’m gonna keep it to the point. a) India’s debt problem is long overdue. link: https://edition.cnn.com/2020/03/06/business/india-yes-bank/index.html ​ you can read more about how deep in shit the Indian economy will be https://www.reddit.com/r/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=web2x b) The virus numbers are going to SPIKE. The hygiene is bad. Most of the Indian population work minimum wages. They need … Read more

Costco Panic Buying, an update.

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by COHunter1337 I just got back from a trip to Costco, shit is way worse than I thought, there was a somber mood in the building as we all went to the toilet paper pallets only to find 2 halves of a pallet left. The other picture is of what’s left of a Campbell’s pallet … Read more

Peter Schiff: Multiple Bubbles Pricked By Same Pin

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by Peter Schiff via Peter Schiff Podcast Another huge move down in the markets today. Heavy carnage in the banks as treasury yields plunge. Fed’s days of bubble blowing are over. Next dose of stimulus will be the overdose. Coronavirus may be the pin that pricks stock market, bond market, and bitcoin bubbles. More bad news expected as … Read more

The IRS’s History Of Attacking Political Dissenters And Opponents

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by Jose Nino via Mises The US purports to be the land of free speech, but you can always expect politicians to carve out exceptions. Just look at how government agencies such as the Internal Revenue Service can slither their way into the political affairs of individuals and organizations. Americans generally associate the Internal Revenue Service with the hassle … Read more

WE ARE SO F$%KED

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by Jim Quinn of The Burning Platform This twitter post tells you all you need to know about our government and our fucked up healthcare system. Trump and Pence can do bullshit press conferences every day bloviating about what a wonderful job they are doing, but the reality is below. Incompetence and idiocy rule the … Read more

National Debt Is $122 Trillion, Not $23 Trillion, Says Non-profit Group

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by Bob Adelmann, The New American: When Epoch Times’ Mark Tapscott checked the U.S. Treasury’s “Debt to the Penny” website on Monday, he reported that the U.S. national debt just ticked over to $23.3 trillion. That’s four times what it was 20 years ago. Tapscott then checked in with the Chicago-based nonprofit advocacy group Truth in Accounting (TIA) to get … Read more