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The Covid-19 Dominoes Fall: The World Is Insolvent
The Covid-19 Dominoes Fall: The World Is Insolvent Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to […]
What history teaches us about the coronavirus pandemic
What history teaches us about the coronavirus pandemic Currently there is much debate over what kind of policy is best for dealing with the coronavirus epidemic. We are dealing with a true pandemicand have been ever since the virus was confirmed to have spread to every continent in early February. This will not be over by the […]
CDC Employee Tests Positive For Covid-19, House Leaders ‘Indefinitely’ Postpone Return To Washington: Live Updates
CDC Employee Tests Positive For Covid-19, House Leaders ‘Indefinitely’ Postpone Return To Washington: Live Updates Summary: Australia prepares 2nd stimulus package Canada closes borders to foreign travelers Dutch PM says experts believe ‘most’ citizens will catch virus House leaders postpone return to Washington ‘indefinitely’ New Jersey reports 80% jump in cases Italy reports another 3,233 […]
“Assume Everyone Is Infected”: US & Europe Wake Up To World In Lockdown As Death Toll Rises: Live Updates
“Assume Everyone Is Infected”: US & Europe Wake Up To World In Lockdown As Death Toll Rises: Live Updates Update (0735ET): European newswires are reporting that European Commission President Ursula von der Leyen and European Council President Charles Michel have agreed on measures to potentially close or tighten the EU border. Those measures will be released […]
NYC Closes Schools Until April 20, US Death Toll Hits 64: Live Updates
NYC Closes Schools Until April 20, US Death Toll Hits 64: Live Updates Summary: NYC Mayor says NYC schools will close for at least a month starting Monday NY Gov Cuomo says NYC schools will close “early this week” Mayor reports 4 new deaths Italy reports largest one-day jump in cases; France also reports highest […]
The S*** Is Actually Hitting the Fan But Somehow It Doesn’t Feel Real
The S*** Is Actually Hitting the Fan But Somehow It Doesn’t Feel Real So here we are. Right on the cusp of that SHTF event that we’ve been prepping for all these years. A global pandemic. A breakdown in the supply chain. Shoppers who are already becoming agitated and even violent. We’re watching it all […]
Coronavirus: European Leaders Finally Acknowledge Scale of Crisis
Coronavirus: European Leaders Finally Acknowledge Scale of Crisis The number of new coronavirus cases in Europe has been doubling, on average, every 72 hours. “It has increased in some countries over the last two weeks by one thousand… There is nothing to stop that expansion… unless those societies move aggressively… including introducing social distancing…. We […]
Black Swans, Dead Cats, Live Bats, and Goodbye to All That
Black Swans, Dead Cats, Live Bats, and Goodbye to All That Had enough excitement yet? At least the stock markets are following an established script: the bubble pops, the elevator drops, for a while it stops… and then investments sink to the deepest sub-basement, where they linger for a long, long time. Hello, next great […]
5 States Shutter Schools; Ivanka Trump, AG Barr Met With Infected Aussie Minister: Live Updates
5 States Shutter Schools; Ivanka Trump, AG Barr Met With Infected Aussie Minister: Live Updates It’s been another crazy morning around the world as more sports leagues suspended play and governments – most notably Germany – pledged to whip out their credit cards and spend whatever might be necessary to soften the economic blow, a chorus of […]
COVID-19, Brought to You by Globalization
COVID-19, Brought to You by Globalization How the virus exploits traits of our economy extolled as modern triumphs. This pandemic, with an estimated mortality rate of one to two per cent, is not a world ender or something to be truly feared. But it deserves our respect and it certainly has our attention. Pandemics, which […]
Goodbye to All That: The Demise of Globalization and Imperial Pretensions
Goodbye to All That: The Demise of Globalization and Imperial Pretensions The decline phase of the S-Curve is just beginning. Globalization and Imperial Pretensions have been decaying for years; now the tide has turned definitively against them. The Covid-19 pandemic didn’t cause the demise of globalization and Imperial Pretensions; it merely pushed the rickety structures over the edge. […]
Canada’s First Lady Tests Positive For The Coronavirus: Live Updates
Canada’s First Lady Tests Positive For The Coronavirus: Live Updates Summary: Scott Gottlieb says US can still avoid “Italy-like” outcome Cuomo closes Broadway, bans all events in NY with over 500 ppl, reduces venue max capacity by 50% NCAA cancels ‘March Madness’ F1 Australia Grand Prix to be held without crowd Trump Campaign tells employees […]
The Entire Western World Is Starting To Shut Down As Authorities Brace For “Millions” Of Coronavirus Cases
The Entire Western World Is Starting To Shut Down As Authorities Brace For “Millions” Of Coronavirus Cases Since the end of World War II, have we ever seen the entire globe gripped by so much fear? This week, the number of confirmed coronavirus cases in the U.S. and Europe has absolutely exploded, and authorities all […]
Trump Bans All Travel From Europe For 30 Days; Tom Hanks Infected; NBA Suspends Season: Live Updates
Trump Bans All Travel From Europe For 30 Days; Tom Hanks Infected; NBA Suspends Season: Live Updates Summary: WHO declares Covid-19 is a pandemic President Trump declares a travel ban from all European countries (not UK) Tom Hanks, wife announce they have the Coronavirus NBA suspends all games until further notice Utah Jazz player Rudy […]
