PBOC has to be very careful using all their bullets, the state banks are already heavily leveraged..credit rating at risk if virus lasts for several months

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https://twitter.com/Fxhedgers/status/1228133289153552384 Production has halted and buildings were sealed off at a steel plant in Chongqing, SW China, after two confirmed #COVID19 cases. Some 131 people were in close contact with the carriers since production resumed earlier this week. pic.twitter.com/zkDY7r8Ws1 — Global Times (@globaltimesnews) February 14, 2020 SO my friends in Tokyo say that the #coronavirus … Read more

Shelton Says The Fed Can Always Engage In Purchases Of Assets During The Next Downturn

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https://twitter.com/4xInsight/status/1227972970410389504 The Fed's curtailment of term & overnight repos will only last as long as the stock market's ability to make new all-time highs. Stocks are the new safe haven asset, the new savings account while pms and bonds have become "speculative assets." The Fed is all-in with stocks. — John Tuld (@BradHuston) February 14, … Read more

Google is tabulating votes

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by upvoatz Google forms is a cloud based service, hosted remotely on Google’s servers meaning they host and have complete control over user data. Users authenticate with Google servers to login and access forms and data. The Democrat Party is consulting with Google to build their web form. https://thenevadaindependent.com/article/nevada-democrats-reveal-google-forms-based-plan-for-transmitting-early-vote-data-caucus-results Nevada Democrats will use a Google Forms-based calculator accessible … Read more

NYC NEWS: Joe Biden’s Campaign Was a Disaster for Liberalism and the Democratic Party. The most historically significant failed primary campaign

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via nymag Candidates who flame out early in presidential primaries, almost by definition, do not make history. But Joe Biden may be an exception. Biden’s presidential campaign is now almost certain to fail, but he has done more than any other candidate to shape the outcome. And the result is likely to be disastrous — for … Read more

If they were working on our behalf, they wouldn’t be pushing this bill

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COLORADO: Bill to prevent arrests on courthouse grounds advances; sets up state conflict with federal immigration law. Senate Bill 20-083 by Sen. Julie Gonzales, D-Denver and Rep. Leslie Herod, D-Denver purports to immunize anyone “present at a courthouse or on its environs from civil arrest,” and gives judges the authority to issue a “writ of protection” … Read more

IT’S OVER: Prominent Elizabeth Warren supporter says ‘she’s done’ after her poor New Hampshire results.

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Prominent Elizabeth Warren supporter says ‘she’s done’ after her poor New Hampshire results. Warren supporters’ outlooks ranged from disappointed to defeatist in the wake of her distant 4th place finish in New Hampshire, with the surrogate arguing that the tail end of Warren’s New Hampshire operation was bungled and less organized than it had been … Read more

Amy Kremer: Democrat Party is in full meltdown mode. None of their candidates have a prayer of defeating President Trump

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from Financial Survival Network Amy Kremer is a Co-Founder and Chair for Women for America First and a former congressional candidate. By her reckoning the Democrat Party is in full meltdown mode. None of their candidates have a prayer of defeating President Trump. It’s going to be fun to watch. Get ready for a brokered convention and … Read more

Feds seize $181K at airport and won’t return it

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TAMPA – A Florida trucking company is suing two federal agencies, saying agents seized $181,500 in cash at Tampa International Airport and won’t give it back. The federal lawsuit filed by FGL Transport, Inc., and owners Scott Smith and Michael Rozenberg asks the U.S. Department of Homeland Security and the U.S. Customs and Border Protection, along with agency officials, … Read more

Surprise: Massive Consumer Debt Is Fueling “Record” Economy

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From Birch Gold Group In May 2018, we reported a 47% increase in total consumer debt. Today, that debt is still on the rise, now at a staggering 61% increase since 2008. You can see how total outstanding consumer debt, currently at $4.2 trillion, has skyrocketed since 2008 in the graph below: But the total amount of outstanding debt isn’t the only … Read more

A FRIEND IN HONG KONG SENDS THIS STORY AND ADDS, “YES, PEOPLE ARE PANICKING.” … CORONAVIRUS UPDATE

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Some 1.49 million join a single queue for face masks. CORONAVIRUS UPDATE: Markets Hover Near Records Despite Growing Coronavirus Outbreak; Money managers say they have faith that epidemic will be contained. Vietnam turns away cruise ship over coronavirus fears. IMF chief: Next two weeks will be critical for China in coronavirus outbreak. Face Mask Shortages Amid … Read more

2020 Summer Olympics in TOKYO JAPAN! Think it will continue on as planned?

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Japan is in no mood to cancel or postpone Summer Olympics over new coronavirus. Tokyo, Feb 13 Japan is not considering cancellation or postponement of the 2020 Summer Olympic Games over the outbreak of a new coronavirus, Tokyo Olympic and Paralympic organizing committee chief Yoshiro Mori said on Thursday. The 2020 Summer Olympics will be … Read more