Bank Of China Clients Lose Over $1 Billion During Oil Crash, Many End Up Owing The Bank Money It’s not just investors in the largest US oil ETF, the USO, the suffered billions in losses last week after WTI plunged, its May contract settling at minus $37.63 on Monday: the shockwave from the crash in […]
Scientists Find More Evidence Novel Coronavirus Can Travel On Air Pollution Particles Scientists are scrambling to find explanations for why the coronavirus outbreak in the Italian north was so much more pervasive and deadly than outbreaks in other parts of Europe, and even other parts of Italy. Some have proposed that Italy’s elderly population might […]
Wave Of Repos Imminent As Subprime Auto-Buyers Miss Payments Authored by Mike Shedlock via MishTalk, Subprime car lenders report a sharp drop in auto loan payments. In a sign of upcoming trouble, Subprime Car Buyers Miss Loan Payments. Credit Acceptance Corp., the lender to car buyers with subprime credit scores, warned it’s seeing a sharp drop-off […]
Archive Of Biden Accuser’s Mother Calling CNN Scrubbed From Google Play Catalog An archived episode of CNN’s “Larry King Live” featuring a call from an anonymous caller later identified as the mother of Biden accuser Tara Reid appears to have been scrubbed from the Google Play catalog. The August 11, 1993 broadcast is conspicuously missing […]
The Oil Market Is Broken Authored by Daniel Lacalle, OPEC and its partners have been cutting production since September 2016. Between September and November 2016 they cut production by more than 1.7 million barrels a day, a historical cut that was wrongly prolonged throughout the expansionary phase of the global economy. In December 2018 they cut […]
Small Businesses In Catch-22 Begin Revolt: ‘Defy State’s Stay-At-Home Order Or Face Collections’ As some states begin hesitantly reopening aspects of their economies, many small business owners find themselves in a Catch-22, as one Atlanta fitness studio operator who says he lost a family member to a likely coronavirus-related illness describes. “I am in a Catch-22,” […]
How Does A Harvard Professor Think It’s “Authoritarian” To Allow Parents To Teach Their Kids? Authored by Katherine Tempf via NationalReview.com, Harvard University law professor has called for a “presumptive ban” on homeschooling — claiming that the freedom to do so under our current laws is “authoritarian.” “The issue is, do we think that parents […]
Dr. Birx Slams “Slicey & Dicey” Mainstream Media For Fixation On Trump’s ‘Sunlight’ Comments The MSM has slammed the White House and President Trump and its team of ‘expert’ scientists’, whom they’ve repeatedly tried to portray as valiant heroes working to protect the nation from the worst impulses of a president who doesn’t believe in […]
Chinese Company Suspected Of Spying On US Citizens Donates Police Drones To 22 States Authored by Zachary Evans via NationalReview.com, Chinese company Da Jiang Innovations, the world’s largest maker of drones, has donated drones to 43 law enforcement agencies operating in 22 U.S. states to enforce social distancing rules. Police in Elizabeth, N.J., for example, […]
Twitter Suspends Account Of Biotech Company Testing UV Light To Treat Coronavirus Twitter has suspended the account of a Colorado biotech company which is working with Cedars-Sinai to test and develop a potential coronavirus treatment using UV light inserted into the lungs – the same week as Homeland Security’s head of Science and Technology, Bill […]
Maryland Joins Push To End Lockdowns As China Claims Coronavirus Has Been Eradicated From Wuhan: Live Updates As the number of confirmed coronavirus cases around the world moves closer to the 3 million mark, more countries and US states are beginning the process of reopening their economies, while China and Singapore continue to struggle with […]
Most Americans Will Be Scared To Return To Malls When Stores Finally Reopen Over the weekend, we wrote why if one uses Wuhan as a template for what “reopening” could look like, anyone still expecting a V-shaped recovery, or even U-shaped one, could be in for a major shock: the reason – it will take […]
Market Stalls, Is The “Bear Market” Rally Over? Authored by Lance Roberts via RealInvestmentAdvice.com, Market rally stalls at resistance, is the “bear market rally over?” That’s the question we have been discussing over the last few weeks. So far, most of it has played out exactly as expected by turning previous “selling panic” into a “buying rush,” and convincing a […]
Is The World About To Panic Hoard Nicotine Products After France’s Promising Coronavirus Study? France has banned the online sale of nicotine products after a new study suggests the highly addictive stimulant could lower the transmission risk of COVID-19, reported BBC News. The French government on Friday issued the new rule preventing online retailers from selling […]
Panic Hoarding, Trains Halted & Low-Flying Helicopters In Pyongyang Amid Conflicting Kim Death Rumors The rumor mill over the fate of Kim Jong Un has gone into overdrive, as the North Korean leader hasn’t been seen since April 11 – over two weeks ago. And as the New York Times notes in a Sunday morning […]
After Decades Of Brainwashing, MSM & Governments Are Losing Control Of The People Authored by Mac Slavo via SHTFplan.com, The mainstream media and governments are losing control of people all over the globe. Humans are finally standing up for their rights to live not as slaves, but as free sovereign people capable of making their […]
American Farms Cull Millions Of Chickens Amid Virus-Related Staff Shortages At Processing Plants A significant concern that readers should have during an economic collapse and pandemic is food security. We’ve noted over April that troubling news is developing deep inside America’s food supply chain network, suggesting shortages and rapid food inflation could be ahead. The […]
The COVID-19 Crisis Is Driving The EU To The Brink Authored by Philipp Bagus via The Mises Institute, The eurozone is a gigantic machine of monetary redistribution. Several independent governments can finance their expenditures through deficits that are monetized directly or indirectly by one printing press. More specifically, the European Central Bank (ECB) may buy eurozone […]
Are European Countries Flattening The Curve? As the coronavirus spreads rapidly around the world, Statista’s Katharina Buchholz notes that some European countries have begun flattening the curve of infections. According to numbers by Johns Hopkins collected by the website Worldometers, the start to a flattening is especially visible in Germany, where a total of around 150,000 cases had […]
Will China Use Economic Insecurity To Buy Up Stakes In US & Europe? Authored by Daisy Luther via The Organic Prepper blog, It’s no secret that the Western World is dealing with an economic crisis of epic proportions right now due to the COVID-19 pandemic that is believed to have begun in Wuhan, China. Here […]
Pandemic Exposes Liberalism’s Free Trade, Open Borders Road To National Suicide Authored by Martin Sieff via The Strategic Culture Foundation, Open Borders and Free Trade induce national suicide slowly and gradually, without the victims waking up to what is going on until it is too late. But the coronavirus has brought home with global clarity […]
Unprecedented Pace Of Corporate Debt Issuance Has Crippled Corporate Fundamentals When the Fed breached a monetary taboo even Ben Bernanke did not violate when Jerome Powell announced last month he would buy investment grade bonds, it was clear that the Fed’s only solution to avoiding the bursting of the corporate debt bubble was to make […]
Visualizing How COVID-19 Has Impacted Media Consumption, By Generation As the coronavirus outbreak continues to wreak havoc across the globe, people’s time that would have otherwise been spent perusing malls or going to live events, is now being spent on the sofa. During this period of pandemic-induced social isolation, Visual Capitalist’s Katie Jones notes it’s […]
Twitter CEO Unveils Feature To “Editorialize” Trump’s Tweets As Election Looms Authored by Cindy Harper via ReclaimTheNet.org, A handful of companies are controlling the majority of the world’s conversations, subtly introducing rules to close the gap of what ideas they find acceptable and slowly edging out those they don’t. One of the most prominent ways […]
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 […]