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  • Singapore Man Jailed For 6 Weeks After Violating Quarantine Over “Irresistible Urge” For Pork Soup

    ZeroHedge - Apr 25th 2020 10:30pm EDT

    Singapore Man Jailed For 6 Weeks After Violating Quarantine Over “Irresistible Urge” For Pork Soup Sometimes, you just want a bowl of pork soup, or bak kut teh, as it’s called in Singapore. And sometimes, that is an itch that overrides all common sense until you can scratch it accordingly. Nobody knows this better than Alan Tham […]

  • What War Between The US & Iran Could Look Like

    ZeroHedge - Apr 25th 2020 10:00pm EDT

    What War Between The US & Iran Could Look Like Via Southfront.org, The US-Iranian standoff in the Persian Gulf has once again entered an acute phase… On April 22, US President Donald Trump announced that he had ordered the US Navy to “shoot down and destroy” Iranian gunboats that follow or harass US ships. In […]

  • Even Warren Buffett’s Portfolio Isn’t “Immune” To The COVID-19 Shutdown

    ZeroHedge - Apr 25th 2020 9:30pm EDT

    Even Warren Buffett’s Portfolio Isn’t “Immune” To The COVID-19 Shutdown When Warren Buffett has been mentioned over the last 2 months, it’s been in the context of wondering when he’s going to deploy some of the $128 billion in (depreciating) cash he has sitting around. So far, he has yet to do that. At the same […]

  • China Continues To Flood The World With Defective Medical Supplies

    ZeroHedge - Apr 25th 2020 9:00pm EDT

    China Continues To Flood The World With Defective Medical Supplies Authored by Soeren Kern via The Gatestone Institute, More than a dozen countries on four continents recently disclosed problems with Chinese-made coronavirus tests and personal protective equipment. The problems range from test kits tainted with the coronavirus to medical garments contaminated with insects. Defective Chinese […]

  • Goldman Was Furiously Buying Mortgage Bonds In The Days Before The Fed’s Massive Bailout

    ZeroHedge - Apr 25th 2020 8:30pm EDT

    Goldman Was Furiously Buying Mortgage Bonds In The Days Before The Fed’s Massive Bailout Goldman Sachs had itself one of those patented bouts of good luck that you only see on Wall Street – for one reason or another.  The investment banking giant reportedly was in the market buying up mortgage bonds during the panic […]

  • More From The “New Normal” (In 50 ‘Darker’ Headlines)

    ZeroHedge - Apr 25th 2020 8:00pm EDT

    More From The “New Normal” (In 50 ‘Darker’ Headlines) Via Off-Guardian.org, Despite the concise, well-intentioned and unavoidably ubiquitous nature of our previous Message, it seems some are still withholding their consent for necessary change. Though all our Responsible Media Outlets are doing their duty, it appears some members of the public do not yet understand the […]

  • In 2020 Oil-Exporters’ Income Will Plunge By Over $1 Trillion, Forcing Widespread Stock Liquidations

    ZeroHedge - Apr 25th 2020 7:30pm EDT

    In 2020 Oil-Exporters’ Income Will Plunge By Over $1 Trillion, Forcing Widespread Stock Liquidations While any other time the plunge of WTI prices into negative territory last Monday would have been the story of the year, the fact that the financial press has already moved on and is focusing on whatever 100-sigma event du jour […]

  • ‘Capitalism’ On Life Support… Time For A Cure

    ZeroHedge - Apr 25th 2020 7:00pm EDT

    ‘Capitalism’ On Life Support… Time For A Cure Via The Strategic Culture Foundation, The Covid-19 pandemic is unleashing obscene bailouts of Western industries and companies, as well as lifelines for billionaire business magnates. It is grotesque that millions of workers are being laid off by corporations which are in turn receiving taxpayer funds. Many of […]

  • Every Landlord Needs To See This Shocking Chart Before May 1st

    ZeroHedge - Apr 25th 2020 6:30pm EDT

    Every Landlord Needs To See This Shocking Chart Before May 1st Last week we identified a potential rent strike brewing among the working poor in New York City. Many of these folks are planning to skip out on May 01’s rent payment to their landlords: “With so many New Yorkers unable to pay rent for the foreseeable […]

  • An Egregious Statistical Horror Story

    ZeroHedge - Apr 25th 2020 6:00pm EDT

    An Egregious Statistical Horror Story Authored by George Gilder via The American Institute for Economic Research, With the latest reports of plummeting death rates from all causes, this crisis is over. The pandemic of doom erupted as a panic of pols and is now a comedy of Mash-minded med admins and stooges, covering their ifs, […]

  • “They’ve Got To Feed Their Children” – Cash-Strapped Businesses Reopen In Georgia As 16 States Join Push To End Lockdowns

    ZeroHedge - Apr 25th 2020 5:35pm EDT

    “They’ve Got To Feed Their Children” – Cash-Strapped Businesses Reopen In Georgia As 16 States Join Push To End Lockdowns Across the US, 16 states are moving to reopen more nonessential businesses as thousands protest around the country demanding that the country be reopened now, even as governors like Andrew Cuomo advise that a recent […]

  • How Shutdowns Will Keep Killing The Economy, Even When They’re Over

    ZeroHedge - Apr 25th 2020 5:10pm EDT

    How Shutdowns Will Keep Killing The Economy, Even When They’re Over Authored by Ryan McMaken via The Mises Institute, Imagine what it is like right now to plan for the future as a business owner. The owner doesn’t know if he or she will even be allowed to be open for business two weeks from […]

  • “It’s ’08 All Over Again” – Carl Icahn Warns Investors “Be Extremely Careful”

    ZeroHedge - Apr 25th 2020 4:45pm EDT

    “It’s ’08 All Over Again” – Carl Icahn Warns Investors “Be Extremely Careful” Some people are intentionally hoarding toilet paper; others are stockpiling hand sanitizers and masks; and the glut of oil around world grows concerningly higher day after day. But, while stock markets rebound by the most ever (after their fastest collapse ever), there […]

  • With Kim Jong Un Reportedly On His Death Bed, These Are The Most Likely Heirs To The North Korean Throne

    ZeroHedge - Apr 25th 2020 4:20pm EDT

    With Kim Jong Un Reportedly On His Death Bed, These Are The Most Likely Heirs To The North Korean Throne Earlier this week, when we first heard the reports about Kim Jong Un possibly being dead, or close to it, followed by Yonhap’s denial – which simply stated that one official who spoke with a […]

  • “The Math Is Not Pretty” – COVID Concerns Spark “Existential Threat” For Many Colleges

    ZeroHedge - Apr 25th 2020 3:55pm EDT

    “The Math Is Not Pretty” – COVID Concerns Spark “Existential Threat” For Many Colleges Colleges across the country are trying to figure out whether they can reopen campus this fall. Right now, it’s a 50/50 shot. No one knows, and with a second coronavirus wave looming later this year, face-to-face classes might not be seen […]

  • What Everyone’s Getting Wrong About The Toilet Paper Shortage

    ZeroHedge - Apr 25th 2020 3:30pm EDT

    What Everyone’s Getting Wrong About The Toilet Paper Shortage Authored by Will Oremus via Marker.Medium.com, It isn’t really about hoarding. And there isn’t an easy fix… Around the world, in countries afflicted with the coronavirus, stores are sold out of toilet paper. There have been shortages in Hong Kong, Australia, the United Kingdom, and the […]

  • “Like A Black Mirror Episode”: Company Laid Off 406 People In 2-Minute Zoom Call

    ZeroHedge - Apr 25th 2020 3:05pm EDT

    “Like A Black Mirror Episode”: Company Laid Off 406 People In 2-Minute Zoom Call A California-based startup that’s seen recent success as a popular electric scooter rental service in cities across the nation appears to have set a record in terms of number of employees laid off on the spot in the least amount of time. Bird, which […]

  • The Coming De-Urbanization Of America

    ZeroHedge - Apr 25th 2020 2:40pm EDT

    The Coming De-Urbanization Of America Authored by Jim Geraghty via NationalReview.com, Moving Out & Not Coming Back Yesterday on my work Facebook page, a reader asked, “Why is it that the places Covid-19 show up the most are in Democrat controlled areas?” As much as I’d like to believe that all the troubles in the world can eventually […]

  • Capitalist Who Hoarded Masks And PPE To Resell From His Store Now Faces Jailtime Under Defense Act

    ZeroHedge - Apr 25th 2020 2:15pm EDT

    Capitalist Who Hoarded Masks And PPE To Resell From His Store Now Faces Jailtime Under Defense Act A New York businessman who had the foresight to stock up on personal protective equipment before the rest of the world “woke up” to the pandemic is now being charged with violating the U.S. Defense Production Act for “hoarding” […]

  • The Three D’s Of Recession Severity

    ZeroHedge - Apr 25th 2020 1:50pm EDT

    The Three D’s Of Recession Severity Via Economic Cycle Research Institute (ECRI), This may already feel like a brutal recession. But in one respect it may not be as bad as many think. To understand why, you need to understand how a recession’s severity is measured. We have to look at the Three D’s: depth, diffusion and […]

  • “This Is The Final Leg”: Hugh Hendry Takes A Break From Retirement To Reveal His Latest Market Thoughts

    ZeroHedge - Apr 25th 2020 1:25pm EDT

    “This Is The Final Leg”: Hugh Hendry Takes A Break From Retirement To Reveal His Latest Market Thoughts In September 2017, Hugh Hendry stunned the world when, out of the blue one of the best investors of his generation shut down his hedge fund Eclectica (his farewell letter can be found is here) disgusted with […]

  • “What Else Has The FBI Buried?” – Stunning Newly-Disclosed Docs Exonerate Gen. Mike Flynn

    ZeroHedge - Apr 25th 2020 1:00pm EDT

    “What Else Has The FBI Buried?” – Stunning Newly-Disclosed Docs Exonerate Gen. Mike Flynn Via SaraACarter.com, Stunning documents withheld for years from former National Security Advisor Michael Flynn’s defense reveal that the retired three-star general did not commit any crimes, as suggested by Department of Justice prosecutors in former Robert Mueller’s special counsel investigation, his […]

  • “Wuhan Plague” Plaques Featuring Chopstick-Wielding Pooh Holding Bat Appear In Atlanta

    ZeroHedge - Apr 25th 2020 12:35pm EDT

    “Wuhan Plague” Plaques Featuring Chopstick-Wielding Pooh Holding Bat Appear In Atlanta A guerilla artist in Atlanta has been installing ‘Wuhan Plague’ plaques around the city, depicting Winnie the Pooh patting his belly while holding a bat with chopsticks – prompting cries of racism. For the uninformed, Pooh has been used to mock Chinese President Xi […]

  • Buffett, Zimbabwe, & What You Must Know About ‘Zeros’ In The Years Ahead

    ZeroHedge - Apr 25th 2020 12:10pm EDT

    Buffett, Zimbabwe, & What You Must Know About ‘Zeros’ In The Years Ahead Authored by MN Gordon via EconomicPrism.com, Billionaire investor and American folk hero Warren Buffett’s been lying low.  This is a change from the 2008-09 financial crisis.  Back then he eagerly supplied cash to Goldman Sachs and Bank of America in exchange for […]

  • Hog-Culling Next As Meatpacking Plants Shutter Operations Stoking Food Shortage Fears In Weeks

    ZeroHedge - Apr 25th 2020 11:45am EDT

    Hog-Culling Next As Meatpacking Plants Shutter Operations Stoking Food Shortage Fears In Weeks We have warned that a rash of COVID-19 outbreaks at dozens of meatpacking plants across the country has quickly transformed into a crisis. Around 150 of these facilities operate within counties where virus cases and deaths are exceptionally high. An outbreak of […]