Worst Part Of The Pandemic Isn’t The Virus, It’s The Mass Panic Which Will Cause Economic Collapse

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by Mac Slavo of SHTFplan The worst is yet to come, the official in government keeps saying, and the media keeps repeating it, and the masses keep panicking further. The biggest problem with this coronavirus pandemic is not the virus itself, but the reaction of the general public. Not that long ago, we mentioned that more people would be … Read more

An Italian hospital ran out of ICU valves. A local biz brought a 3D printer to the hospital, redesigned & produced the valves in a few hours.—Socialized healthcare saved by private business

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An Italian hospital ran out of ICU valves. A local biz brought a 3D printer to the hospital, redesigned & produced the valves in a few hours. “At the time of writing, 10 patients are accompanied in breathing by a machine that uses a 3D printed valve.”https://t.co/HjjdYKZvyS — michal Naka (@michalnaka) March 15, 2020

It’s Time To Unveil The True Enemy Of The People, Shutdown, Messages Received

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https://www.youtube.com/watch?v=sYVVvMIqKbo The [DS]/MSM believe that their event is going as a planned. The patriots are have taking control and are using it to silently arrest the power structure of the [DS]. Darkness is coming, this will protect the people, this will allow the operation to proceed. The patriots are in full control, their is nothing … Read more

The media seems to be celebrating the quarantine measures…a little too much.

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by SufficientHistorian6 I keep reading various articles about the quarantine measures in Europe, particularly in Italy. They seem to be spinning the lockdowns as positive, as a “chance to celebrate life”, and whatnot. In every other article about the virus or the societal effects, they spell doom and gloom yet…they act like quarantine life is … Read more

This is the PERFECT time to start being extra kind to people and offering help any chance you can.

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by xrangegod1 WE can use this crisis to our own advantage. Let’s demonstrate humanity and show that we’re capable of putting partisan/religious/racial differences aside. This crisis could unite us. I was at the store earlier and I noticed something. Everybody was being extremely kind and helpful to one another. I went in actually expecting everybody … Read more

Out of the top five worst days in stock market history, two of those occurred within the last 4 days.

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https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average#Largest_percentage_changes NASDAQ UNOFFICIALLY CLOSES DOWN 981.37 POINTS, OR 12.46 PERCENT, AT 6,893.51 DOW JONES UNOFFICIALLY CLOSES DOWN 3,061.70 POINTS, OR 13.21 PERCENT, AT 20,123.92 S&P 500 UNOFFICIALLY CLOSES DOWN 327.20 POINTS, OR 12.07 PERCENT, AT 2,383.82 — *Walter Bloomberg (@DeItaone) March 16, 2020    

EU Bond market creaking

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by Desogames No need to make this post long. This one’s pretty obvious. No way in hell do i trust the greek 10 year right now; but i wanted to see if the periphery was disconnecting from the EU’s “core” (and the UK cause why not)   Yep. Betcha didn’t expect that. I didn’t either. Seems … Read more

Bad, very bad

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Bad, very bad pic.twitter.com/57oSedRHtZ — Jim Bianco (@biancoresearch) March 17, 2020 Investors looking for the bottom right nowpic.twitter.com/9RLb0mn3pi — Nick Maggiulli (@dollarsanddata) March 16, 2020 That makes sense. pic.twitter.com/hKOhF0OQxj — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) March 16, 2020 “The first rule of crisis management is don't fire all your ammunition when it is not … Read more

Alasdair Macleod: The Whole Of Europe Is Shutting Down, The US Is Next

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Alasdair Macleod interviewed by Dunagun Kaiser on Reluctant Preppers With the global economy shutting down, stock markets and oil and precious metals are all crashing, despite the Fed and POTUS rushing in unprecedented crisis measures. But the real tectonic disruption about to rock our lives is the failure of the currency, and black hole of the debt derivative complex … Read more

DEMOCRATS SEEK $750 BILLION TO FIGHT THE VIRUS

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WASHINGTON (AP) — With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the coronavirus outbreak. Democrats said at least $750 billion would be needed. “We will need big, bold, urgent federal action to deal with this crisis,” Senate Democratic leader Chuck … Read more

Why do we keep bailing out one of the richest people in the world?

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by delelles   https://www.bloomberg.com/news/articles/2020-03-16/u-s-airlines-spent-96-of-free-cash-flow-on-buybacks-chart The biggest U.S. airlines spent 96% of free cash flow last decade on buying back their own shares. American Airlines Group Inc. — which is not shown in the chart but is included in overall figures — led the pack, with negative cumulative free cash flow during the decade while it repurchased … Read more

Bank Runs have started.

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Spoke with a manager at a TD bank in New Jersey. She stated the branch had actually ran out of cash. Each customer was withdrawing between $3000-$7000. They had to truck more cash in just to cover the demand. It appears people are extremely wise to what is coming.   A Bank of America branch … Read more