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  • Worker Visas For Hydroxychloroquine: India Demands Quid Pro Quo To Export Tump’s ‘Miracle’ Drug

    ZeroHedge - Apr 12th 2020 10:35pm EDT

    Worker Visas For Hydroxychloroquine: India Demands Quid Pro Quo To Export Tump’s ‘Miracle’ Drug One of India’s leading newspapers has reported that President Trump’s much-touted ‘miracle’ coronavirus drug cocktail hydroxychloroquine, which is produced in large amounts in India, is being used by Prime Minister Narendra Modi to negotiate Indian workers’ continued ability to access employment in the […]

  • One Bank Explains Why No V-Shaped Recovery Is Coming, And Why The Fed Will Nationalize Everything

    ZeroHedge - Apr 12th 2020 10:14pm EDT

    One Bank Explains Why No V-Shaped Recovery Is Coming, And Why The Fed Will Nationalize Everything In the past three weeks stocks have staged a substantial rebound from their March 24 lows, in big part thanks to an unprecedented barrage of Fed-driven bailouts, backstops, and asset purchases which at last count amount to over $5 […]

  • Observations Of An Anonymous UPS Driver: “Customers I’ve Seen Since The ‘Rona’…”

    ZeroHedge - Apr 12th 2020 10:10pm EDT

    Observations Of An Anonymous UPS Driver: “Customers I’ve Seen Since The ‘Rona’…” Authored by Daisy Luther via The Organic Prepper blog, The other day, I shared something funny on social media. A little bit of humor is good for us, even (and especially) in times like this. If anyone knows who originally wrote this, please […]

  • Timing The “Crossover Point”: The Fed Will Soon Monetize The Entire Fiscal Stimulus Package… What Happens Then

    ZeroHedge - Apr 12th 2020 9:45pm EDT

    Timing The “Crossover Point”: The Fed Will Soon Monetize The Entire Fiscal Stimulus Package… What Happens Then As we noted late last week, the Fed’s money printer has been going brrrr in overtime, and in the past month alone, Powell & Co. has purchased nearly $2 trillion in Treasury and MBS securities, far more than […]

  • Westward No! A Bitter Land-Office Business In Taming Federal Bureaucrats

    ZeroHedge - Apr 12th 2020 9:20pm EDT

    Westward No! A Bitter Land-Office Business In Taming Federal Bureaucrats Submitted by Vince Bielski, of RealClearInvestigations The Trump administration’s big strike against the federal bureaucracy is quietly unfolding at the Bureau of Land Management, where its senior managers and scientific staff have been told to pack up their desks in Washington, D.C., and move to […]

  • Global ‘Jubilee’ Looms As G20 Finalizes Debt Relief Program For World’s Poorest Countries

    ZeroHedge - Apr 12th 2020 8:55pm EDT

    Global ‘Jubilee’ Looms As G20 Finalizes Debt Relief Program For World’s Poorest Countries Hours after Pope Francis on Easter Sunday morning said the debt burden on the most impoverished countries should be forgiven (aka debt jubilee), the Financial Times is now reporting that the G20 group is nearing a critical “action plan” to freeze debt servicing payments […]

  • NYT Deletes Tweet, Stealth-Edits Article After Excusing Biden Sexual Misconduct

    ZeroHedge - Apr 12th 2020 8:05pm EDT

    NYT Deletes Tweet, Stealth-Edits Article After Excusing Biden Sexual Misconduct The New York Times, which tried to sabotage Supreme Court Justice Brett Kavanaugh’s career with months of baseless #MeToo allegations – not only downplayed Joe Biden’s well-documented history of unwanted physical contact with women on Sunday, they cast extreme doubt on a detailed sexual assault […]

  • For First Time Ever, All 50 US States Now Under Major Disaster Declaration At Same Time

    ZeroHedge - Apr 12th 2020 7:40pm EDT

    For First Time Ever, All 50 US States Now Under Major Disaster Declaration At Same Time Authored by Jack Phillips via The Epoch Times, President Donald Trump on Saturday approved a disaster declaration for Wyoming, meaning that all 50 states are under a major disaster declaration amid the CCP virus pandemic. The declaration for the state comes about […]

  • Turkey’s Interior Minister Resigns Over Coronavirus Curfew Chaos, Erdogan Rejects Resignation

    ZeroHedge - Apr 12th 2020 7:30pm EDT

    Turkey’s Interior Minister Resigns Over Coronavirus Curfew Chaos, Erdogan Rejects Resignation After cynically urging Syrian refugees toward coronavirus-hit Europe, Turkey’s Interior Minister Suleyman Soylu announced on Twitter on Sunday that he was resigning from his post over the chaotic implementation of a two-day curfew in major Turkish cities to tackle the coronavirus outbreak. The resignation […]

  • When The World Stopped – Stunning Scenes From A Global Lockdown

    ZeroHedge - Apr 12th 2020 7:15pm EDT

    When The World Stopped – Stunning Scenes From A Global Lockdown Deaths breached the 100,000 mark on Friday, another grim milestone for the world engulfed in a pandemic.  More than a billion people across the world remain in quarantine as the global economy crashes into a depression in the second quarter. The OECD and WTO on Wednesday published two separate reports […]

  • Weimar America, Here We Come! Virus Hysteria Adds $10 Trillion To The National Debt

    ZeroHedge - Apr 12th 2020 6:50pm EDT

    Weimar America, Here We Come! Virus Hysteria Adds $10 Trillion To The National Debt Authored by Mike Whitney via The Unz Review, There’s no doubt that the Coronavirus is a serious infection that can lead to severe illness or death. There’s also no doubt that ‘virus hysteria’ has been used for other purposes. Wall Street, […]

  • “The Cut Is Just 4.3MMbpd”- Goldman Throws Up Over OPEC+ Deal, Sees Oil Dropping Back To $20

    ZeroHedge - Apr 12th 2020 6:46pm EDT

    “The Cut Is Just 4.3MMbpd”- Goldman Throws Up Over OPEC+ Deal, Sees Oil Dropping Back To $20 Earlier today, when summarizing the terms of the “historic” OPEC+ cut, which was presented theatrically as a 10MMb/d 9.7MMb/d by OPEC+ and all the oil bulls (including Citi’s Ed Morse who may have been acting in his capacity […]

  • Aerial View Of Manhattan In Lockdown, Now A Ghost Town! 

    ZeroHedge - Apr 12th 2020 6:25pm EDT

    Aerial View Of Manhattan In Lockdown, Now A Ghost Town!  The latest aerial view of Manhattan in lockdown is riveting. YouTube account Mingomatic flew a drone over the island on Sunday morning (April 12) and found a city straight out of I Am Legend.  The video starts with a broad view of Manhattan from the sky, then […]

  • Oil & Stocks Tumble Into Red After Big Opening Gains Evaporate

    ZeroHedge - Apr 12th 2020 6:07pm EDT

    Oil & Stocks Tumble Into Red After Big Opening Gains Evaporate A mixture of good (European daily virus death count growth slowing) and bad (US virus death count growth not slowing) news mixed with an ‘odd’ deal with OPEC+ and G20 debt restructuring chatter has sparked an instant bid in stocks and oil prices but […]

  • Calls For Central Planning Amid COVID-19 Panic Are Like The Calls For The “War Socialism” Of Old

    ZeroHedge - Apr 12th 2020 6:00pm EDT

    Calls For Central Planning Amid COVID-19 Panic Are Like The Calls For The “War Socialism” Of Old Authored by Philipp Bagus via The Mises Institute, In dark hours, when people fear for their lives, they eagerly deliver their freedom to the state. Many want the government take control of their lives, because they think it will be […]

  • Thailand Bans Booze Sales To Stop COVID-19 Spread

    ZeroHedge - Apr 12th 2020 5:35pm EDT

    Thailand Bans Booze Sales To Stop COVID-19 Spread Ahead of the Thai New Year (April 13-15), the government of Thailand has banned sales of alcoholic beverages in the attempt to curb irresponsible socializing that could lead to the further spread of COVID-19, reported Reuters. Bars, restaurants, and other non-essential businesses have been closed in many provinces, as […]

  • This Is Where The World Is On The “Corona Curve” At This Moment: An Update

    ZeroHedge - Apr 12th 2020 5:10pm EDT

    This Is Where The World Is On The “Corona Curve” At This Moment: An Update Last week, when we looked at the latest shape of the Coronavirus curve, we said that even as US cases continue to soar, “the light at the end of the tunnel is now visible” and indeed as JPMorgan’s MW Kim […]

  • Deutsche Bank: “There Is No Such Thing As A Free Market Anymore”

    ZeroHedge - Apr 12th 2020 4:45pm EDT

    Deutsche Bank: “There Is No Such Thing As A Free Market Anymore” In his latest FX Special Report, Deutsche Bank macro (and market) strategist George Saravelos, like many others, appears to have reached his tipping point after last week’s unprecedented Fed takeover of capital markets, and writes that “there is no such thing as a […]

  • Retirement Math: Median Mortgage Debt For Those Over-65 Has Quadrupled

    ZeroHedge - Apr 12th 2020 4:20pm EDT

    Retirement Math: Median Mortgage Debt For Those Over-65 Has Quadrupled Authored by Mike Shedlock via MishTalk, The number of those age 65 and older and the size of their debt have risen. It’s the amount of debt that’s the killer. The new retirement problem is Over 60 With Decades Left on the Mortgage. A growing number […]

  • Russia Sees Over 2,000 New COVID-19 Infections In Biggest Ever Single-Day Spike

    ZeroHedge - Apr 12th 2020 3:55pm EDT

    Russia Sees Over 2,000 New COVID-19 Infections In Biggest Ever Single-Day Spike International health officials were previously scratching their heads as to how Russia, a vast country of nearly 150 million people, had maintained such low COVID-19 numbers in the early months of the global crisis. Health experts have maintained suspicion over the country’s much […]

  • When Money Died

    ZeroHedge - Apr 12th 2020 3:30pm EDT

    When Money Died Excerpted from Doug Noland’s Credit Bubble Bulletin blog,m Sitting at the dinner table, our eleven-year old son inquired: “If a big meteor was about to hit the earth, how much money would the Fed print?” I complimented his sense of humor. Yet it was a sad testament to the historic monetary fiasco […]

  • Believe All Women: Joe Biden’s Sexual Assault Accuser Has Now Filed A Criminal Complaint

    ZeroHedge - Apr 12th 2020 3:05pm EDT

    Believe All Women: Joe Biden’s Sexual Assault Accuser Has Now Filed A Criminal Complaint Tara Reader, the staffer who recently accused Joe Biden of sexually assaulting her when she worked for him more than 25 years ago, has now filed a criminal complaint against the presumptive Democratic nominee. “I filed a police report for safety […]

  • The Takeover

    ZeroHedge - Apr 12th 2020 2:40pm EDT

    The Takeover Authored by Sven Henrich via NorthmanTrader.com, We can’t print ourselves out of this crisis again, but that isn’t stopping the Federal Reserve from trying. Thursday’s intervention program, the latest in a string of panic moves to keep the financial system afloat, constitutes a complete takeover attempt of the market ecosphere, only the buying […]

  • More Than 1 In 3 Americans Consider Selling Blood As Lockdowns Continue

    ZeroHedge - Apr 12th 2020 2:15pm EDT

    More Than 1 In 3 Americans Consider Selling Blood As Lockdowns Continue With 17 million Americans out of work in under three weeks, consumer sentiment crashing the fastest on record, and the economy sliding into a depression, households are starting to crack. The evidence of the “working poor” crushed by the economic downturn is starting […]

  • Eight Reasons To End The Lockdowns Now

    ZeroHedge - Apr 12th 2020 1:50pm EDT

    Eight Reasons To End The Lockdowns Now Authored by Jonathan Geach via Medium.com This post does not deny the effectiveness of social distancing or quarantine for COVID-19. I am not encouraging people to suspend these practices before official determinations have been made public. This post is to help physicians, thought leaders, and public officials understand […]