Futures Tumble After US Restarts Trade War With China, Locks Out Huawei; China Vows Retaliation Tyler Durden Fri, 05/15/2020 – 07:52 It was shaping up as a nice, quiet rampy end a tumultous week, when at 630am ET all hell broke loose after the Trump’s Commerce Department to block shipments of semiconductors to Huawei Technologies […]
Why Assets Will Crash Tyler Durden Fri, 05/15/2020 – 06:00 Authored by Charles Hugh Smith via The Daily Reckoning, The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of […]
Nationwide Lockdown Sparks Plunge In Local Govt Tax Revenues; Cuts In Services Strike As Demand Soars Tyler Durden Fri, 05/15/2020 – 05:30 Small to medium size cities and counties across the United States are facing huge budget gaps amid the coronavirus shutdown induced record unemployment, drying up crucial tax revenue for local governments. Bloomberg profiles a domino […]
How Bad Is It? Tyler Durden Fri, 05/15/2020 – 05:00 Authored by Jeff Deist via The Mises Institute, How bad is it? That is the question on everyone’s mind as we come to grips with the economic carnage caused by global economic shutdowns, supply chain disruptions, and ongoing quarantines of million of people. Do we face […]
Hunger Pandemic: Visualizing COVID-19’s Effect On Global Food Insecurity Tyler Durden Fri, 05/15/2020 – 04:15 While COVID-19 is dominating headlines, another kind of emergency is threatening the lives of millions of people around the world – food insecurity. However, as Visual Capitalist’s Iman Ghosh notes, the two are very much intertwined. By the end of […]
Pro-Refugee French Activist Murdered By Migrant He Was Sleeping With Tyler Durden Fri, 05/15/2020 – 03:30 Authored by Paul Joseph Watson via Summit News, A pro-refugee activist in France was found dead at his home after being murdered by the same 20-year-old Afghan migrant he had been sleeping with. 63-year-old Jean Dussine was head of […]
The History Of Vaccinations Tyler Durden Fri, 05/15/2020 – 02:45 More than two centuries ago, on May 14, 1796, the English doctor Edward Jenner carried out what was later proven to have been the first modern-day vaccination, when he injected a young boy with pus from cow pox (or vaccinia virus) blisters on a milkmaid’s […]
COVID-Kowtowing & How The EU Is Betraying Europe Tyler Durden Fri, 05/15/2020 – 02:00 Authored by Con Coughlin via The Gatestone Institute, The latest capitulation by the European Union in the face of Chinese intimidation demonstrates that, when it comes to protecting the interests of member states, the Brussels bureaucracy is no match for Beijing’s […]
E-Democracy: The 2020 Presidential Election Gets More Bizarre Tyler Durden Fri, 05/15/2020 – 00:05 Authored by Tim Kirby via The Strategic Culture Foundation, The Covid-19 pandemic continues to dominate the news and life of the American Republic. With currently no end in sight it is not paranoid to wonder if and how the pandemic will […]
‘Robot Bows, Customer Bows’ – Sushi Bar Deploys Robotic Arm For Contactless Pickup Orders Tyler Durden Thu, 05/14/2020 – 23:45 OpenTable restaurant data continues to show most foot traffic at eateries across America at near zero. There are some signs of life in Naples, Tampa, Houston, and Dallas. But for most of the country, pickup or curbside […]
New Facial Recognition Software Predicts You’re A Criminal Based On Your Looks Tyler Durden Thu, 05/14/2020 – 23:25 Authored by Alan Macleod via MintPressNews.com, A team from the University of Harrisburg, PA, has developed automated computer facial recognition software that they claim can predict with 80 percent accuracy and “no racial bias” whether a person […]
Restaurants Betting On Vaccine To Reopen Will Be Disappointed Tyler Durden Thu, 05/14/2020 – 23:05 Some restaurateurs, those who are surviving the severe economic downturn, because as we’ve noted, restaurants are getting fried during lockdowns, have said they will reopen dining halls when a proven vaccine is mass-produced for the general population. Now the issue, there is no […]
How New York Turned Nursing Homes Into ‘Slaughter Houses’ Tyler Durden Thu, 05/14/2020 – 22:45 Authored by Jon Miltimore via The Libertarian Institute/FEE, At an April 23 press conference, Gov. Andrew Cuomo sounded indignant when a reporter asked if anyone had objected to New York’s policy of forcing nursing homes to admit recently discharged COVID-19 patients. “They […]
Life After Lockdown – Get Ready For “Social Bubbles” Tyler Durden Thu, 05/14/2020 – 22:25 Governments are preparing for a post-corona world. They are relaxing social distancing rules, and public health experts have been figuring out how people should proceed with socializing. One solution could be “social bubbles,” which means small groups of people will be […]
China Releases A Whole Lot Of Made Up Economic “Data”, “Markets” Fail To Respond Tyler Durden Thu, 05/14/2020 – 22:22 It’s that time of the month when the goalseekotron in China’s NBS (which stands for National Bureau of Statistics and not Nonstop Bullshit) gets hyperactive and China spews out a whole lot of numbers that […]
What Is The Right “Letter” To Describe The Recovery? What A Stupid Question Tyler Durden Thu, 05/14/2020 – 22:05 For the past month, there has been an obsession by traders and strategists to “package” this cycle into one of the typical “letters” – V, U or L; perhaps W or even a “Nike swoosh.” Mocking […]
Lockdown-Defying Speakeasies Cropping Up Across Manhattan Tyler Durden Thu, 05/14/2020 – 21:45 As New Yorkers grow weary of the ongoing lockdowns due to the coronavirus pandemic, speakeasies have been cropping up in Manhattan according to Page Six. Discreet patrons are filling the backs of bars, pizza parlors and even pet stores in order to enjoy […]
Cop Who Hid While Parkland Students Were Slaughtered Wins Job Back, Plus Back Pay And Overtime Tyler Durden Thu, 05/14/2020 – 21:25 Authored by Daniel Payne via Just the News The Parkland, Florida, police officer who sheltered behind his car while nearly 20 students were shot and killed will be re-instated to his job, his union announced […]
Mexico Is Cremating Bodies On An “Industrial Scale” Tyler Durden Thu, 05/14/2020 – 21:05 Mexican President Andres Manuel Lopez Obrador (AMLO) unveiled a plan this week to reopen the country’s severely damaged economy by June 1 as part of normalization after the COVID-19 pandemic triggered lockdowns. Lopez said Wednesday the reopening would be “cautious and gradual,” but with more than […]
Viruses Versus Lockdowns: It’s Not About Tradeoffs Tyler Durden Thu, 05/14/2020 – 20:45 Authored by Michael Accad via The Mises Institute, It is tempting to oppose the harmful effects of COVID-related lockdowns with arguments couched in terms of tradeoffs. We may contend that when public authorities promote the benefits of “flattening the curve,” they fail […]
“Reckless” – Drone Operators Flies Dangerously Close To Blue Angels Tyler Durden Thu, 05/14/2020 – 20:25 What we’re about to show you is probably one of the most reckless and irresponsible videos uploaded to the internet by a clueless civilian drone operator. During an America Strong flyover by the US Navy Blue Angels in Detroit, Michigan, on May […]
Let’s Not Allow Another Crisis To Bamboozle Us Tyler Durden Thu, 05/14/2020 – 20:05 Authored by Walter Williams, op-ed via Townhall.com, Former Barack Obama adviser Rahm Emanuel, during a recent interview, reminded us of his 2008 financial crisis quotation, “Never allow a crisis to go to waste.” The COVID-19 pandemic has presented a wonderful opportunity […]
Colombia Militarizes Brazilian Border As COVID Deaths Soar Tyler Durden Thu, 05/14/2020 – 19:45 A rise in cases and deaths from COVID-19 in Brazil has spooked neighboring countries, resulting in the National Army of Colombia to bolster forces along Brazil–Colombia border, reported Bloomberg. Johns Hopkins University reported the South American country had more than 188,000 cases and 13,000 […]
Companies Call The Market Top With Most Stock Sales In Eight Years Tyler Durden Thu, 05/14/2020 – 19:25 If one asks companies why the market, by which we of course mean just the top 5 tech names that now comprise “the market”… … has soared 30% in the past two months, the most likely response […]
Flynn’s Lawyer Excoriates Obama In Open Letter Tyler Durden Thu, 05/14/2020 – 19:05 Last week, former President Barack Obama reacted to the DOJ’s move to end its case against Michael Flynn by declaring in a leaked private phone call that the “rule of law is at risk,” and that “there is no precedent that anybody […]
Featured News
Click on this icon next to any post to promote it here!
