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  • “This Is The End Of Western Capitalism As We Knew It…”

    ZeroHedge - Apr 6th 2020 9:30am EDT

    “This Is The End Of Western Capitalism As We Knew It…” Authored by Garfield Reynolds via Bloomberg, The sheer speed of the coronavirus crisis means investors are way behind the curve in assessing its long-term impact on economies, companies and stock market valuations. The global business environment is being transformed – we are all socialists […]

  • Millions Of Applicants But “Only 100 Loans Disbursed” In Latest Small Business Bailout Shock

    ZeroHedge - Apr 6th 2020 9:18am EDT

    Millions Of Applicants But “Only 100 Loans Disbursed” In Latest Small Business Bailout Shock On Friday, we reported that millions of small business owners around the country were stunned to learn that they weren’t eligible for loans via the government’s “Paycheck Protection Program”, or would at least face more roadblocks, and more critical delays, as […]

  • Here Comes Round Two: China Just Reported The Most New Covid Cases In A Month

    ZeroHedge - Apr 6th 2020 9:00am EDT

    Here Comes Round Two: China Just Reported The Most New Covid Cases In A Month Last week we reported that even as the world’s attention had shifted to the new global coronavirus outbreak epicenters of New York, Italy, Spain and other western nations, China – which rushed to restart its economy at any cost as […]

  • If Lockdown Is A Needless Over-Reaction, Then Why Did China Lockdown Half Its Economy?

    ZeroHedge - Apr 6th 2020 8:45am EDT

    If Lockdown Is A Needless Over-Reaction, Then Why Did China Lockdown Half Its Economy? Authored by Charles Hugh Smith via OfTwoMinds blog, Recall that the initial deaths and related costs are only the first-order effects; policy makers have to consider the second-order effects. Everyone who reckons that the lockdown is needless and more destructive than […]

  • ‪COVID-19 “Changes Everything” – Mark Cuban Welcomes “America 2.0”

    ZeroHedge - Apr 6th 2020 8:30am EDT

    ‪COVID-19 “Changes Everything” – Mark Cuban Welcomes “America 2.0” Mark Cuban appeared on Fox News’ “Watters’ World” on Saturday night to discuss how he would approach the bailout of America a little more different than the current administration. Cuban said after the virus clears, “everything” will fundamentally change about this country.  TONIGHT @mcuban will share what he […]

  • 2008 Playbook Update: What’s Happened So Far…

    ZeroHedge - Apr 6th 2020 8:18am EDT

    2008 Playbook Update: What’s Happened So Far… Submitted by Nick Colas and Jessica Rabe of DataTrek Three points to cover today: New York City is bracing for “Peak COVID-19” this week but there are hopes that we can avoid the worst-case outcomes. The 2008 Playbook calls for 2-3 weeks of volatile stability for the S&P […]

  • Jamie Dimon Warns Of Coming “Bad Recession,” Repeat Of 2008 Crisis In Annual Letter

    ZeroHedge - Apr 6th 2020 8:03am EDT

    Jamie Dimon Warns Of Coming “Bad Recession,” Repeat Of 2008 Crisis In Annual Letter Sounding a markedly more somber note about the global economy than he has in the past few years, JPMorgan CEO Jamie Dimon released his annual ‘investor letter’ Monday morning, warning the world that, from Dimon’s vantage point, at least, the US […]

  • Futures Soar On Optimism Worst Of Virus Pandemic Is Behind Us (But Is It)

    ZeroHedge - Apr 6th 2020 8:00am EDT

    Futures Soar On Optimism Worst Of Virus Pandemic Is Behind Us (But Is It) As prompted by Trump’s optimistic speech on Sunday evening in which the president said he saw signs the pandemic is beginning to level off, which came after a sharp drop in the latest number of NY corona cases, an optimistic mood […]

  • Cops Break-Up Crowd Of Lockdown-Ignoring Mourners At Brooklyn Rabbi’s Funeral

    ZeroHedge - Apr 6th 2020 7:25am EDT

    Cops Break-Up Crowd Of Lockdown-Ignoring Mourners At Brooklyn Rabbi’s Funeral After a week of an exponential rise in confirmed COVID-19 cases and deaths across five boroughs of New York City, Sunday figures showed growth rates in cases and deaths are slowing. However, that doesn’t mean social distancing rules are to be relaxed, as the New York City […]

  • Doubts Raised About Reported Drop In NYC Deaths As “The Hardest And Saddest Week Of Our Lives” Begins: Live Updates

    ZeroHedge - Apr 6th 2020 7:16am EDT

    Doubts Raised About Reported Drop In NYC Deaths As “The Hardest And Saddest Week Of Our Lives” Begins: Live Updates During an appearance on “Fox News Sunday” yesterday morning, Surgeon General Jerome Adams told Chris Wallace that the upcoming week will be “the hardest and saddest week of most Americans’ lives,” calling it our “our […]

  • COVID-19 Is Being Used To Scare You Away From Using Cash

    ZeroHedge - Apr 6th 2020 7:00am EDT

    COVID-19 Is Being Used To Scare You Away From Using Cash Authored by Nick Hankoff via The Libertarian Institute, Cash has been the target of the banking and financial elites for years. Now, the coronavirus pandemic is being used to frighten the masses into accepting a cashless society. That would mean the death of what’s […]

  • “Immunity Certificates” Are Coming – COVID-Survivors To Get ‘Special Passports’ Enabling Return To ‘Normalcy’

    ZeroHedge - Apr 6th 2020 6:30am EDT

    “Immunity Certificates” Are Coming – COVID-Survivors To Get ‘Special Passports’ Enabling Return To ‘Normalcy’ Update: Even more prophetically, billionaire hedge fund manager Bill Ackman tweeted about his “optimism” and the need for “…Hydroxychloriquine and antibiotics appear to help. There is increasing evidence that the asymptomatic infection rate could be as much as 50X higher than […]

  • “We Borrowed From The Future & Now It’s Over…”

    ZeroHedge - Apr 6th 2020 6:00am EDT

    “We Borrowed From The Future & Now It’s Over…” Via Greg Hunter’s USAWatchdog.com, Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says, “We’ve been printing massive amounts of dollars, and if you look at all the things we did to stop high speed debasement and unprecedented inflation, we’ve kind of run out of […]

  • Hospital Operator Quorum Health Is Facing Bankruptcy Amidst The COVID-19 Outbreak

    ZeroHedge - Apr 6th 2020 5:30am EDT

    Hospital Operator Quorum Health Is Facing Bankruptcy Amidst The COVID-19 Outbreak Quorum Health, which operates 24 hospitals in 14 states, is preparing for bankruptcy at the worst possible time: the middle of a global pandemic. The “flood” of coronavirus patients that the hospitals have experienced have put pressure on an already precarious set of financials, […]

  • China Prepares To Close “Oil Deal Of A Lifetime” In Iraq

    ZeroHedge - Apr 6th 2020 5:00am EDT

    China Prepares To Close “Oil Deal Of A Lifetime” In Iraq Authored by Simon Watkins via OilPrice.com, Over the past week or so, China has eased quarantine measures in Wuhan – the city in which the global coronavirus pandemic began – with the entire lockdown scheduled to end on 8 April. With China’s President Xi […]

  • Tesla Has A “Bulging Demand Problem” That Has Nothing To Do With COVID-19: Gordon Johnson

    ZeroHedge - Apr 6th 2020 4:30am EDT

    Tesla Has A “Bulging Demand Problem” That Has Nothing To Do With COVID-19: Gordon Johnson As most people following the Tesla saga already know, the company reported 88,000 deliveries for Q1 on Thursday night, leading many people to think that the company had “beat” estimates. Tesla stock soared after hours on Thursday, at one point […]

  • A New World Order & “The End Of Capital Markets As We Have Known Them”

    ZeroHedge - Apr 6th 2020 4:00am EDT

    A New World Order & “The End Of Capital Markets As We Have Known Them” Via AdvisorPerspectives.com, The following letter was sent by Bob Rodriguez to his friends and colleagues yesterday, as well as to Bob Huebscher. Bob Rodriguez has graciously allowed us to publish it. Robert L. Rodriguez was the former portfolio manager of […]

  • Australia Launches Criminal Probe Into Carnival After Dozens Died, 100s Were Infected Aboard Its Ships

    ZeroHedge - Apr 6th 2020 3:30am EDT

    Australia Launches Criminal Probe Into Carnival After Dozens Died, 100s Were Infected Aboard Its Ships The cruise ship-outbreak “Nightmare at Sea” has by now become a familiar trope to many of those following the coronavirus pandemic gripping the world. But  although dozens of ships operated by nearly all of the major cruise lines (and their […]

  • Sweden Beset By New Crime-Wave Of “Humiliation Robberies”

    ZeroHedge - Apr 6th 2020 3:00am EDT

    Sweden Beset By New Crime-Wave Of “Humiliation Robberies” Authored by Judith Bergman via The Gatestone Institute, A new kind of crime is making the headlines in Sweden, in Swedish known as förnedringsrån. Förnedring means “humiliation” and rån means “robbery.” The victims of these “humiliation robberies” are almost always children or teenagers. As previously reported by Gatestone Institute: “The number of children who […]

  • India Bans Exports Of Trump’s “Game Changer” Anti-COVID-19 Drug

    ZeroHedge - Apr 6th 2020 2:30am EDT

    India Bans Exports Of Trump’s “Game Changer” Anti-COVID-19 Drug After initially declaring that he wouldn’t use the DPA because American companies were doing the right thing and accelerating production of ventilators and other critical supplies on their own – Trump said that with a straight face while Elon Musk turned in a batch of Tesla-made […]

  • How Generals Fueled 1918 Flu Pandemic To Win Their World War

    ZeroHedge - Apr 6th 2020 2:00am EDT

    How Generals Fueled 1918 Flu Pandemic To Win Their World War Authored by Gareth Porter via TheAmericanConservative.com, Just like today, brass and bureaucrats ignored warnings, and sent troops overseas despite the consequences. The U.S. military has been forced by the coronavirus pandemic to make some serious changes in their operations. But the Pentagon, and especially […]

  • “Meet The Global Robot Army That’s Been Deployed To Fight COVID-19

    ZeroHedge - Apr 6th 2020 1:00am EDT

    “Meet The Global Robot Army That’s Been Deployed To Fight COVID-19 In addition to the selfless human heroes who continue to fight the unprecedented global pandemic on its front-lines, there has also been a lesser covered group of virus-fighters, dutifully going about their daily tasks to help battle the virus. We’re referring to the global […]

  • UK Rejects Assange Release Request Amid COVID-19 Crisis, But Frees Thousands Of Others

    ZeroHedge - Apr 5th 2020 11:50pm EDT

    UK Rejects Assange Release Request Amid COVID-19 Crisis, But Frees Thousands Of Others Via ConsortiumNews.com, Imprisoned WikiLeaks publisher Julian Assange is not eligible for an early Covid-19 release from prison with other inmates because he is not serving a criminal sentence, the Australian Associated Press has reported. British Justice Secretary Robert Buckland said Saturday that some low-risk inmates, […]

  • Peter Navarro Explodes At Faucci In Heated Showdown Over Hydroxychloroquine

    ZeroHedge - Apr 5th 2020 11:25pm EDT

    Peter Navarro Explodes At Faucci In Heated Showdown Over Hydroxychloroquine White House economic adviser got into a massive argument with the coronavirus task force’s Anthony Fauci over the doctor’s ongoing resistance to the use of hydroxychloroquine to treat COVID-19, despite reports of the drug’s widespread efficacy. Via Axios: Numerous government officials were at the table, […]

  • Wall Street’s Formerly Biggest Bear Goes All-In Ahead Of The Coming Runaway Inflation

    ZeroHedge - Apr 5th 2020 11:04pm EDT

    Wall Street’s Formerly Biggest Bear Goes All-In Ahead Of The Coming Runaway Inflation Last week we reported that Morgan Stanley’s Micheal Wilson, who for most of 2018 and 2019 emerged as the biggest bear among Wall Street’s big banks (this of course excludes such outlier bears as SocGen’s Albert Edwards who has for years been […]