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Tag Archives: coronavirus
Governments Have Crippled the World’s Economies. Revolution May Soon Follow.
GOVERNMENTS HAVE CRIPPLED THE WORLD’S ECONOMIES. REVOLUTION MAY SOON FOLLOW. The world seems to be on fire. A couple of months ago, the economic upswing was still firmly established, production expanded, and unemployment was declining. It all changed with the advent of the coronavirus or, to be precise: things turned really sour with the politically […]
Most U.S. States Have ‘Reopened’ Their Economies, So Why Does Unemployment Continue To Spiral Out Of Control?
Most U.S. States Have ‘Reopened’ Their Economies, So Why Does Unemployment Continue To Spiral Out Of Control? This wasn’t supposed to happen. Once states started to “reopen” their economies, the tsunami of unemployment was supposed to end. But instead, we continue to see Americans lose jobs at a pace that is far beyond anything we […]
Coronavirus Bankruptcy Pandemic Continues
Coronavirus Bankruptcy Pandemic Continues Hertz has now joined the ranks of filing for bankruptcy as this lockdown has caused car rentals to crash to virtually zero. Of course, Climate Change activists led by Bill Gates are celebrating. They cheer every bankruptcy they have managed to create with the absurd lockdowns were the first time in history you […]
COVID-19 Has Replaced Osama bin Laden as the Fall Guy for Lost Liberties
COVID-19 Has Replaced Osama bin Laden as the Fall Guy for Lost Liberties The government and media have dumped at the doorstep of the coronavirus many of the political, economic and social afflictions that are now ravaging much of the global population. In reality, they need to point the finger at themselves. As the mainstream […]
WTF: What The Fed?!? (Round 2)
WTF: What The Fed?!? (Round 2) Williams, Maloney, Martenson, Smith: “Trillions more reasons to be concerned” Back in mid-January, Grant Williams, Mike Maloney, Charles Hugh Smith, Chris Martenson and I sat down for an in-depth discussion on the dangerous distortions to financial markets and the global economy that central bank intervention is causing. That video, […]
10 Numbers That Show The U.S. Has Fallen Into A Horrifying Economic Depression
10 Numbers That Show The U.S. Has Fallen Into A Horrifying Economic Depression The last recession was really, really bad, but it was never like this. It is time for us to face reality, and that means admitting that the U.S. economy has plunged into a depression. This is already the worst economic downturn that […]
The Unspoken Reason for Lockdowns
The Unspoken Reason for Lockdowns Governments cannot openly admit that the “controlled easing” of COVID-19 lockdowns in fact means controlled progress toward so-called herd immunity to the virus. Much better, then, to pursue this objective silently, under a cloud of obfuscation, and hope that a vaccine will arrive before most of the population gets infected. […]
Blain’s Morning Porridge – May 19 2020 – Yoorp Kicks The Can
Blain’s Morning Porridge – May 19 2020 – Yoorp Kicks The Can “I don’t think I could stand another ten years of this fighting…” Yesterday afternoon I set out to cure Coronavirus. I set up a new company, Splurgeldrug.Com, issuing our first press release about promising new drug trials, followed by another reporting how lab […]
Lethal or Contagious
Lethal or Contagious There was this comment at the Automatic Earth yesterday that got me thinking. It was sort of wrapped in a bit of -more- innuendo about health officials not getting the results they were looking for in COVID19 numbers, as if the whole virus event is some goal-seeked conspiracy. You’ll be familiar with […]
Globalization and Financialization Are Dead, and so Is Everything That Depended on Them
Globalization and Financialization Are Dead, and so Is Everything That Depended on Them Financialization was never sustainable, and neither was the destructive globalization it enabled. All the happy-story analogies to past pandemics being mere bumps in the road miss the mark. A popular claim is that the 1918-1919 flu pandemic killed millions but no biggie, the […]
How to Maintain a Bull Market After Coronavirus
HOW TO MAINTAIN A BULL MARKET AFTER CORONAVIRUS Everyone thinks they know the cause and effect of the Federal Reserve’s response to crises such as 2008 and 2020. The Fed prints money to buy assets. This increases the quantity of money. And this causes prices to rise. The Fed wants this, because it thinks that inflation eases the burden on […]
The Collapse of Main Street and Local Tax Revenues Cannot Be Reversed
The Collapse of Main Street and Local Tax Revenues Cannot Be Reversed The core problem is the U.S. economy has been fully financialized, and so costs are unaffordable. To understand the long-term consequences of the pandemic on Main Street and local tax revenues, we need to consider first and second order effects. The immediate consequences of […]
Chinese Debt Could Cause Emerging Markets to Implode
CHINESE DEBT COULD CAUSE EMERGING MARKETS TO IMPLODE The novel coronavirus has brought the world economy to a grinding halt. Global growth is set to fall from 2.9 percent last year into deep negative territory in 2020—the only year besides 2009 that this has happened since World War II. Recovery will likely be slow and […]
Second Wave? China Orders ‘Partial Lockdown’ Of Border City; Seoul’s Newest Cluster Explodes To 120 Cases: Live Updates
Second Wave? China Orders ‘Partial Lockdown’ Of Border City; Seoul’s Newest Cluster Explodes To 120 Cases: Live Updates Summary: VW ‘pauses’ manufacturing of VW Golf, SUVs China imposes ‘partial lockdown’ on northeastern border city SK’s ‘Itaewon’ cluster climbs to 120 Germany, Austria agree to reopen mutual border Global cases: 4.22 million Global deaths: 291,519 Poland […]
Fourth Turning Accelerating Towards Climax
FOURTH TURNING ACCELERATING TOWARDS CLIMAX “At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market […]
