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Tag Archives: viral pandemic
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich This story appears in the June 2020 print edition of Rolling Stone. In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic […]
The Future is Up for Grabs
The Future is Up for Grabs When it comes to cashing in on Covid-19, the race has just begun. Whether you’re talking about education or contact tracing or medicine or mind control, an anti-democratic, dystopian future is being charted while we the people are locked down, locked up and locked out. Naomi Klein’s latest piece, […]
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 […]
Rickards: This Time IS Different
Rickards: This Time IS Different Stocks stumbled out of the gate today, at least partially on fears about a resurgence in coronavirus cases. South Korea, which did an excellent job containing the virus, has reported a new batch of cases. Japan and Singapore also reported new cases. Infections are increasing in Germany as well, where […]
What I Learned During the COVID Crisis
What I Learned During the COVID Crisis The COVID-19 crisis has affected just about every family in the United States in some way or another. All of our situations are unique and everyone I’ve spoken to has learned some lessons about their levels of preparedness. Some of those lessons are unconventional but valuable nonetheless. There […]
This is Not a Conspiracy, It is a Terrifying Opportunity
This is Not a Conspiracy, It is a Terrifying Opportunity “To create an event is thus to reject whatever is now nothing more than a ‘thirdworlding of human societies’, representing a shift from the EXOCOLONISATION of erstwhile empires to the ENDOCOLONISATION of the terminal empire”. – Paul Virilio, City of Panic, 2005 “There will be in […]
Underneath the Surface Trouble Is Brewing Once Again
Underneath the Surface Trouble Is Brewing Once Again Larry McDonald, publisher of the investment research service The Bear Traps Report, warns that this crisis is far from over. He spots growing tensions in the credit markets and thinks that large public borrowers like Italy and New York State are in need of massive bailouts. Stocks […]
Impact of Corona Virus similar to some earlier peak oil scenarios
Impact of Corona Virus similar to some earlier peak oil scenarios Empty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China Car Sales Slump 92% in First Half of February on Virus 21 Feb 2020 […]
It’s Only Paper
IT’S ONLY PAPER The response to the virus has added a new mechanism of capital consumption to the many we have documented over the years. Businesses are shut down, yet they continue to incur expenses. There is a popular misconception out there that this is merely a paper loss. One can almost picture a neutron bomb that somehow […]
COVID-19: Propaganda & the Art of Exploiting a Pandemic
COVID-19: Propaganda & the Art of Exploiting a Pandemic Throughout the U.S., institutions that have no real interest in public health are exploiting our sense of vulnerability to benefit their public images and their bottom lines, says Dr. Mike Pappas. We have all likely seen or heard the commercials. They typically start with slow music and maybe […]
China Asked WHO To Delay Pandemic Announcement, Deny Human-To-Human Transmission: German Intelligence
China Asked WHO To Delay Pandemic Announcement, Deny Human-To-Human Transmission: German Intelligence German intelligence has revealed that Chinese President Xi Jinping asked World Health Organization (WHO) Director-General Tedros Adhanom Thebreyesus to cover up the severity of the coronavirus pandemic in January, according to Der Spiegel. During a January 21 conversation – one week after the WHO assured […]
Oil Producers May Ditch Old FPSO Offshore Projects In This Downturn
Oil Producers May Ditch Old FPSO Offshore Projects In This Downturn The swift oil price crash caused by the Covid-19 pandemic will reduce the combined free cash flow of FPSO fields, which have produced above three quarters of their original resources at just $2.20 per barrel this year. This is a jaw-dropping decline from 2019’s […]
Staying Ahead Of The Shortages: What To Stock Up On For The Coming Year
Staying Ahead Of The Shortages: What To Stock Up On For The Coming Year While a lot of people are concerned about food shortages, one should not forget that there are a lot of items that make life easier or at least more enjoyable that come from abroad. A lot of these items specifically come […]
Slaughter of the Innocents: COVID-19 & the Future of Agriculture
Slaughter of the Innocents: COVID-19 & the Future of Agriculture listen to the author read this post: or watch on YouTube It’s early days yet, but the COVID-19 pandemic has already proven to be revelatory, exposing much that is ugly about the “normal” functioning of the US: the sorry state of health care, the unresponsiveness […]
