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  • How The Fed Sows Social Division And Mistrust

    ZeroHedge - Mar 31st 2020 10:05pm EDT

    How The Fed Sows Social Division And Mistrust Authored by Nick Hankoff via The Mises Institute, The Federal Reserve’s zero interest rate policy and industry bailouts threaten more than just the fragile economy. The very foundation of the social order risks permanent fracturing under this system of moral hazard. In Human Action, Ludwig von Mises defined society […]

  • Money Market Fund No Longer Accepting New Cash Amid Historic Scramble Into Treasury Bills

    ZeroHedge - Mar 31st 2020 9:45pm EDT

    Money Market Fund No Longer Accepting New Cash Amid Historic Scramble Into Treasury Bills Even before the March market meltdown, the T-Bill market was starting to exhibit symptoms of shortage which was hardly a surprise: after all, as part of its “not-QE” farce where Powell desperately tried to fool the market that he wasn’t engaging […]

  • “Stop Buying Masks”..? Oh Wait! CDC Considers Asking Public To Wear Face Masks

    ZeroHedge - Mar 31st 2020 9:25pm EDT

    “Stop Buying Masks”..? Oh Wait! CDC Considers Asking Public To Wear Face Masks Authored by Mac Slavo via SHTFplan.com, This is irony at its finest. The United States Surgeon General used twitter to tell the public to NOT use face masks to protect against the coronavirus because they don’t work, they only work for health […]

  • Airbnb Bails Out Highly Leveraged Superhosts As Travel Industry Crashes 

    ZeroHedge - Mar 31st 2020 9:05pm EDT

    Airbnb Bails Out Highly Leveraged Superhosts As Travel Industry Crashes  Airbnb CEO Brian Chesky wrote a letter to all hosts informing them that the company is committed to a $250 million bailout to cover some of the cost of COVID-19 cancellations. The canceled check-ins are for March 14 through May 31, Airbnb will pay hosts 25% of […]

  • The World Is Running Out Of Condoms As Factories Face COVID-19 Lockdown

    ZeroHedge - Mar 31st 2020 8:45pm EDT

    The World Is Running Out Of Condoms As Factories Face COVID-19 Lockdown Authored by Elias Marat via TheMindUnleashed.com, We’ve all seen the jokes on social media about how nine months from now a new generation will be born that will eventually be dubbed “Coronials” – and once they come of age, “quaranteens.” After all, if we’re […]

  • “Sailors Don’t Need To Die”: Captain Of Nuclear Carrier With Over 100 COVID-19 Cases Pleads For Help

    ZeroHedge - Mar 31st 2020 8:25pm EDT

    “Sailors Don’t Need To Die”: Captain Of Nuclear Carrier With Over 100 COVID-19 Cases Pleads For Help In an astounding plea for help, the captain of the nuclear aircraft carrier USS Theodore Roosevelt has urged top command of the US Navy to take drastic action after more than 100 sailors aboard the ship have been infected […]

  • As The Crisis Deepens, Keep An Eye On Illinois’ Unpaid Bills

    ZeroHedge - Mar 31st 2020 8:05pm EDT

    As The Crisis Deepens, Keep An Eye On Illinois’ Unpaid Bills Authored by Ted Dabrowski and John Klingner via Wirepoints.org, The depth of the financial and economic impact of the Coronavirus is impossible to predict since we don’t know how far the virus will spread or how long the economic shutdown will last. But we […]

  • Is This What’s Behind Italy’s Outrageous 10% Mortality Rate From COVID-19?

    ZeroHedge - Mar 31st 2020 7:45pm EDT

    Is This What’s Behind Italy’s Outrageous 10% Mortality Rate From COVID-19? Italy’s 10% mortality rate has been one of the most disturbing mysteries of the global pandemic. Italy’s mortality rate is roughly 20x Germany’s (a relatively benign 0.4%), and many multiples of China’s (roughly 2.5%) rate. As scientists puzzle over the reason, researchers have proposed […]

  • Supplies Are Starting To Get Really Tight Nationwide As Food Distribution Systems Break Down

    ZeroHedge - Mar 31st 2020 7:25pm EDT

    Supplies Are Starting To Get Really Tight Nationwide As Food Distribution Systems Break Down Authored by Michael Snyder via The End of The American Dream blog, All across America, store shelves are emptying and people are becoming increasingly frustrated because they can’t get their hands on needed supplies.  Most Americans are blaming “hoarders” for the […]

  • Universities Panic As Dorms Sit Empty: Recruiting, Tuition, & Faculty Contracts In Limbo

    ZeroHedge - Mar 31st 2020 7:05pm EDT

    Universities Panic As Dorms Sit Empty: Recruiting, Tuition, & Faculty Contracts In Limbo Colleges and universities across the nation are stuck in financial limbo at a moment that key staffing, faculty contracts, student recruiting, and donor revenue-related decisions are typically made for next year, also as controversy erupts over refusal to refund student housing and […]

  • The Cheapest Way For Trump To Save US Oil

    ZeroHedge - Mar 31st 2020 6:45pm EDT

    The Cheapest Way For Trump To Save US Oil Authored by Lourcey Sams via Oilprice.com, The President of the United States has the power, at his sole discretion without any other authority, to place a fee on imported oil or products. It becomes variable when a base price (floor price) is set and a fee […]

  • “There Are Basically No Sales”: U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown

    ZeroHedge - Mar 31st 2020 6:25pm EDT

    “There Are Basically No Sales”: U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown 2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry. The industry was already barely holding on by a thread before the coronavirus pandemic started, with China leading the rest of […]

  • Pandemic-Related Unemployment And Shutdowns Are A Recipe For Social Unrest

    ZeroHedge - Mar 31st 2020 6:05pm EDT

    Pandemic-Related Unemployment And Shutdowns Are A Recipe For Social Unrest Authored by J.D.Tuccille via Reason.com, Could the stalled economy we’ve inflicted on ourselves in our frantic efforts to battle the COVID-19 pandemic lead to civil disorder? History suggests that’s a real danger. Around the world, high unemployment and stagnant economic activity tend to lead to […]

  • FBI Report: Border Agents Stopped A Chinese Biologist Sneaking Viable SARS, MERS Viruses Into US Airport

    ZeroHedge - Mar 31st 2020 5:45pm EDT

    FBI Report: Border Agents Stopped A Chinese Biologist Sneaking Viable SARS, MERS Viruses Into US Airport Another bombshell “conspiracy” raising serious questions over the coronavirus pandemic and China’s biological weapons research and espionage programs goes mainstream. A now viral investigative report based on a newly released FBI document authored by no less than the Chemical and […]

  • Nobody Knows Anything

    ZeroHedge - Mar 31st 2020 5:25pm EDT

    Nobody Knows Anything Authored by Sven Henrich via NorthmanTrader.com, The more I read and observe the clearer the message: Nobody knows anything. And by that I mean nobody truly knows how any of this will turn out and I think this point needs to be driven home more clearly. Tons of projections of this, that and […]

  • Watch Live: White House Holds Tuesday Coronavirus Task Force Press Briefing

    ZeroHedge - Mar 31st 2020 5:22pm EDT

    Watch Live: White House Holds Tuesday Coronavirus Task Force Press Briefing Another day, another press conference, after markets took a digger into the close following an optimistic start to the session. Tyler Durden Tue, 03/31/2020 – 17:22

  • Another Busted M&A Arb As Xerox Abandons Hostile Bid For HP, Blames Virus

    ZeroHedge - Mar 31st 2020 5:05pm EDT

    Another Busted M&A Arb As Xerox Abandons Hostile Bid For HP, Blames Virus So it appears David will not be slaying Goliath this time (in what is likely to come as no surprise to anyone who has actually been paying attention). Having started this debacle on Nov 5th 2019, Xerox has decided to end its […]

  • Steve Cohen Doubts This Is The Bottom: “Markets Don’t Come Back In A Straight Line”

    ZeroHedge - Mar 31st 2020 4:45pm EDT

    Steve Cohen Doubts This Is The Bottom: “Markets Don’t Come Back In A Straight Line” Over the weekend, we reported that the only question Goldman’s client are asking is “are we past the bottom” and “has a new bull markets started.” Not surprisingly, today we also learned from Michael Wilson that the main question Morgan […]

  • After Worst Quarter Ever, WTI Extends Losses On Massive Crude & Gasoline Build

    ZeroHedge - Mar 31st 2020 4:35pm EDT

    After Worst Quarter Ever, WTI Extends Losses On Massive Crude & Gasoline Build After its worst quarter ever, as COVID-19 lockdowns crushed demand, raising fears about overflowing storage tanks amid a price war that has flooded the market with extra supply, all eyes are glued to new inventory data as Standard Chartered analysts, including Emily Ashford warned […]

  • P Is For Pandemic (And Populist Rage)

    ZeroHedge - Mar 31st 2020 4:31pm EDT

    P Is For Pandemic (And Populist Rage) Authored by Jim Quinn via The Burning Platform blog, In Part One of this article I detailed the criminal enterprise that constitutes the leadership of this country. The facts are clear. We’ve been screwed over by those who were supposed to represent us. Now it is time to look in […]

  • Stocks Suffer Worst Start To A Year Ever… As Trump Approval Reaches Record High

    ZeroHedge - Mar 31st 2020 4:00pm EDT

    Stocks Suffer Worst Start To A Year Ever… As Trump Approval Reaches Record High It’s Official… Here’s a chart that no one suspected would happen (most of all not the media and the democrats)… as stocks crashed by record amounts in March, President Trump’s approval rating has soared to the highest of his presidency… Source: […]

  • 28 Spring-Breaker ‘Covidiots’ Test Positive In Texas After Group Trip To Cabo

    ZeroHedge - Mar 31st 2020 3:50pm EDT

    28 Spring-Breaker ‘Covidiots’ Test Positive In Texas After Group Trip To Cabo The ‘Covidiots’ have struck again. The City of Austin’s public health department just reported that 28 young adults who recently returned from a spring break trip to Cabo have all tested positive for COVID-19, a local TV news station reports. These students were […]

  • COVID-19: Ten Things To Think About

    ZeroHedge - Mar 31st 2020 3:35pm EDT

    COVID-19: Ten Things To Think About Authored by Justin Pavoni via The Ron Paul Institute for Peace and Prosperity, 1. All of this can be solved by following the voluntary principle: If you are worried then stay home. If you are willing to assume the risk then go to work. Going to work means you […]

  • Alleged ‘Crisis Profiteer’ Arrested For Coughing On FBI Agents And Claiming He Had Tested Positive For COVID-19

    ZeroHedge - Mar 31st 2020 3:20pm EDT

    Alleged ‘Crisis Profiteer’ Arrested For Coughing On FBI Agents And Claiming He Had Tested Positive For COVID-19 We’re not the first to remark that the novel coronavirus outbreak has exposed the worst of humanity, from spring-breaker ‘covidiots’ to unscrupulous ‘entrepreneurs’ who hit every Costco and Wal-Mart in a 60 mile radius to stock up on […]

  • Atlas Is Shrugging

    ZeroHedge - Mar 31st 2020 3:05pm EDT

    Atlas Is Shrugging Authored by Stephen Moore, op-ed via The Epoch Times, “Government help to business is just as disastrous as government persecution… The only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand Congress has just approved an economically bloated $2.2 trillion spending relief […]