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  • Zimbabwe Begs For Aid To Avoid “Collapse”

    ZeroHedge - May 6th 2020 4:15am EDT

    Zimbabwe Begs For Aid To Avoid “Collapse” Zimbabwe finds itself in economic dire straits. Again. The South African nation which previously wiped out its debt with a historic round of hyperinflation, is trying a different approach this time and is pleading with international institutions to help it eliminate billions of dollars in debt so the […]

  • Masks In Sweden

    ZeroHedge - May 6th 2020 3:30am EDT

    Masks In Sweden Authored by Daniel Klein via The American Institute for Economic Research, I have been puzzling over attitudes about masks and other facial coverings, particularly in Sweden. Here I use “mask” to mean also a scarf or any other kind of covering over one’s mouth and nose. In early March 2020, at the […]

  • Ferrari Touts “Strong Order Book”, Expects To Outperform In 2H 2020 Despite Auto Industry Implosion

    ZeroHedge - May 6th 2020 2:45am EDT

    Ferrari Touts “Strong Order Book”, Expects To Outperform In 2H 2020 Despite Auto Industry Implosion If there’s one topic we have covered widely since the coronavirus pandemic started, it has been the collapse of the auto industry. Over the last week we have detailed how used car prices will likely cripple what little interest in […]

  • France To Use Existing Surveillance Grid To Enforce Social Distancing, Mask Wearing; Report

    ZeroHedge - May 6th 2020 2:00am EDT

    France To Use Existing Surveillance Grid To Enforce Social Distancing, Mask Wearing; Report Authored by Steve Watson via Summit News, France will use its existing network of surveillance cameras to monitor how many people are wearing masks and track how citizens are complying with social distancing after its coronavirus lockdown is eased next week, according […]

  • Chinese Buyers Flee Hong Kong Real Estate In Major Hit To World’s Priciest Property Market

    ZeroHedge - May 6th 2020 1:00am EDT

    Chinese Buyers Flee Hong Kong Real Estate In Major Hit To World’s Priciest Property Market Mainland Chinese are no fools. They’re shunning commercial real estate deals in Hong Kong as a deep recession unfolds.  According to Bloomberg, citing a new CBRE Group Inc. report, there were no mainland Chinese buyers for property transactions greater than HK$77 […]

  • Escobar: Get Ready For The Next Game-Changer – The Gold-Backed Digital Yuan

    ZeroHedge - May 6th 2020 12:05am EDT

    Escobar: Get Ready For The Next Game-Changer – The Gold-Backed Digital Yuan Authored by Pepe Escobar via The Strategic Culture Foundation, A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world’s largest economy by PPP for a few years now, […]

  • California Liberals Using Corona-Crisis To Transform State

    ZeroHedge - May 5th 2020 11:45pm EDT

    California Liberals Using Corona-Crisis To Transform State California liberals – the majority of lawmkers, have been ‘propelled by the urgency of the coronavirus crisis’ in order to enact various facets of their agenda, according to the New York Times. In addition to letting nearly 10,000 inmates out of overcrowded jails and prisons over the last […]

  • Twitter’s New Rules Urging Users Not To Curse Will Likely Spark Another Wave Of Censorship

    ZeroHedge - May 5th 2020 11:25pm EDT

    Twitter’s New Rules Urging Users Not To Curse Will Likely Spark Another Wave Of Censorship Twitter – the very same platform that suspended us permanently for accurately predicting that the Wuhan Institute of Virology was likely at the middle of the ongoing global pandemic – is now taking its censorship to ludicrous levels. The service is […]

  • Researcher On Cusp Of COVID-19 Breakthrough Killed In Bizarre Murder-Suicide

    ZeroHedge - May 5th 2020 11:05pm EDT

    Researcher On Cusp Of COVID-19 Breakthrough Killed In Bizarre Murder-Suicide A University of Pittsburgh researcher working on a coronavirus project was fatally shot on Saturday at his home in Ross Township, while associate Hao Gu, 46, was found dead in a car approximately 100 yards away of what appeared to be a self-inflicted gunshot. The […]

  • America Doesn’t Have A Justice System Anymore

    ZeroHedge - May 5th 2020 10:45pm EDT

    America Doesn’t Have A Justice System Anymore Authored by Kurt Schlichter via Townhall.com, The good news is that you might get out of future jury duty, because when you are asked under oath about your own biases during a federal criminal case jury selection you would have to answer honestly by responding, “Your Honor, I […]

  • “We Ask For Help But It Never Comes”: Dead Are Left To Rot, Then Buried In Mass Graves, As Coronavirus Overwhelms Brazil

    ZeroHedge - May 5th 2020 10:25pm EDT

    “We Ask For Help But It Never Comes”: Dead Are Left To Rot, Then Buried In Mass Graves, As Coronavirus Overwhelms Brazil Because of its size – both geographically and population-wise, as well as its economic heft – Brazil is often compared to the US. And when it comes to the progression of the coronavirus, […]

  • GOP: China Has Infiltrated US Higher Education To Impede Coronavirus Research

    ZeroHedge - May 5th 2020 10:05pm EDT

    GOP: China Has Infiltrated US Higher Education To Impede Coronavirus Research Authored by Steve Watson via Summit News, Congressional Republicans are accusing China of attempting to hinder US coronavirus research by infiltrating US universities and spreading communist propaganda. Reuters reports that ranking GOP members across seven House committees have delivered a letter to Education Secretary Betsy […]

  • What’s Really Driving Market Performance: A Look At Return Decomposition

    ZeroHedge - May 5th 2020 10:04pm EDT

    What’s Really Driving Market Performance: A Look At Return Decomposition Now that it is common knowledge that “The Market is Now Just Five Stocks” as we first put it over a month ago, with Goldman clarifying that the five largest S&P 500 stocks  – MSFT, AAPL, AMZN, GOOGL, FB – accounted for 20% of index […]

  • “Bracing For The Worst Crash Of Their Careers”: A Quarter Of All Outstanding CMBS Debt Is On Verge Of Default

    ZeroHedge - May 5th 2020 9:45pm EDT

    “Bracing For The Worst Crash Of Their Careers”: A Quarter Of All Outstanding CMBS Debt Is On Verge Of Default Last week we reported that according to the latest TREPP remittance data compiled by Morgan Stanley, a record 66 CMBS loans totaling $1.0bn became newly delinquent in April, which was the greatest month-over-month change. In […]

  • 80% Of Employees At Bank Of Montreal May Shift To Hybrid Telecommuting Post-Pandemic

    ZeroHedge - May 5th 2020 9:25pm EDT

    80% Of Employees At Bank Of Montreal May Shift To Hybrid Telecommuting Post-Pandemic Up to 80% of employees at the Bank of Montreal, or about 36,000 of its staff, may shift to flexible arrangements once the COVID-19 pandemic subsides which would blend working from home with time in the office, according to Bloomberg. The Toronto-based […]

  • YouTube’s Chief Product Officer Insults His Own Users As Basement-Dwelling Idiots

    ZeroHedge - May 5th 2020 9:05pm EDT

    YouTube’s Chief Product Officer Insults His Own Users As Basement-Dwelling Idiots Authored by Paul Joseph Watson via Summit News, YouTube’s Chief Product Officer has insulted his own users as basement-dwellers who deserve to be relegated by the algorithm in favor of “authoritative” mainstream sources. Neil Mohan made the remarks during an interview with Protocol’s editor […]

  • Most Americans Have Serious Doubts About The Official COVID Death Count: Axios-Ipsos Poll

    ZeroHedge - May 5th 2020 8:45pm EDT

    Most Americans Have Serious Doubts About The Official COVID Death Count: Axios-Ipsos Poll Since the start of state-wide lockdowns after the coronavirus pandemic hit the United States, poll after poll has demonstrated that Americans remain by and large deeply distrustful of both politicians and mainstream media reporting on the virus. Getty Images And naturally, given […]

  • “Just Like There Were No WMDs, There’s No ‘Virus Of Mass Destruction’…”

    ZeroHedge - May 5th 2020 8:25pm EDT

    “Just Like There Were No WMDs, There’s No ‘Virus Of Mass Destruction’…” Authored (satirically) by C.J.Hopkins via ConsentFactory.,org, There comes a point in the introduction of every new official narrative when people no longer remember how it started. Or, rather, they remember how it started, but not the propaganda that started it. Or, rather, they […]

  • Sam Zell: Fallout From Coronavirus Will Be “Worse Than The Great Depression”

    ZeroHedge - May 5th 2020 8:05pm EDT

    Sam Zell: Fallout From Coronavirus Will Be “Worse Than The Great Depression” Billionaire real-estate investor Sam Zell just became the latest bold-faced name to suggest that maybe – just maybe – the “V-shaped” rebound that investors seem to be anticipating probably isn’t going to pass. Instead, the real-estate investing legend, who earned his nickname “the […]

  • Illinois’ True Retirement Costs Surge Near 60% Of The Budget

    ZeroHedge - May 5th 2020 7:45pm EDT

    Illinois’ True Retirement Costs Surge Near 60% Of The Budget Authored by Mike Shedlock via MishTlak, JPMorgan’s latest pension graphic captures so much of what’s wrong with Illinois’ collapsing finances… Illinois was in an actuarial mess long ago. Covid-19 makes it harder to ignore says Wirepoints. The chart by Michael Cembalest shows Illinois was paying about […]

  • Immunity-Segregation, Outdoor Classes, & Quarantine-Dorms: US College Campuses Prepare To Reopen

    ZeroHedge - May 5th 2020 7:25pm EDT

    Immunity-Segregation, Outdoor Classes, & Quarantine-Dorms: US College Campuses Prepare To Reopen “There will be changes for sure.” That’s the message from one college president as he reflects on what is to come as university students (hopefully) head back to (or enter for the first time) campus life in the fall. Student sits with her belongings […]

  • The Bare Necessities: Federal Court Rules That Strip Clubs Are Entitled To Pandemic Loans

    ZeroHedge - May 5th 2020 7:05pm EDT

    The Bare Necessities: Federal Court Rules That Strip Clubs Are Entitled To Pandemic Loans Authored by Jonathan Turley, We recently discussed the controversy when a Nevada brothel filed for pandemic stimulus money as a small business forced to suspend operation.  Now, U.S. District Judge Lynn Adelman has ruled (correctly) that the owners of four Silk Exotic Gentleman’s Clubs in […]

  • It’s Now Virtually Impossible To Get Bank Credit As Lending Standards Soar

    ZeroHedge - May 5th 2020 6:45pm EDT

    It’s Now Virtually Impossible To Get Bank Credit As Lending Standards Soar Two weeks ago we pointed out something concerning:shortly after JPMorgan reported that its loan loss provision surged five fold to over $8.2 billion for the first quarter, the biggest quarterly increase since the financial crisis, in preparation for the biggest wave of commercial […]

  • Tempers Flare Over Lockdown, Masks, & Money: Is All-Out Civil Unrest About To Erupt?

    ZeroHedge - May 5th 2020 6:25pm EDT

    Tempers Flare Over Lockdown, Masks, & Money: Is All-Out Civil Unrest About To Erupt? Authored by Daisy Luther via The Organic Prepper blog, Across the nation, tempers are flaring over the continued lockdowns in many parts of America, and also on the requirement to wear masks in public. I wrote previously about the possibility of civil […]

  • Daily Briefing – May 5, 2020

    ZeroHedge - May 5th 2020 6:22pm EDT

    Daily Briefing – May 5, 2020   Real Vision’s Ash Bennington and Tony Greer, editor of Morning Navigator, discuss recent market action. Bennington and Greer discuss price action in the S&P 500, whipsawing oil markets, and the reopening of the US economy. Real Vision’s Peter Cooper discusses shifts in consumer spending over the last few […]