Prince Charles, Heir To British Throne, Tests Positive For COVID-19, Deaths In Spain Pass China After Largest Daily Jump: Live Updates The American press and the progressives who make up most of its journalists have so far focused on how the novel coronavirus will inevitably harm the poor and vulnerable. But so far, that’s not […]
White House, Senate Agree On “Largest Rescue Package In American History” We have a deal, folks! It appears on early Wednesday morning, the White House and Republican and Democratic Senate leaders reached a deal to keep the American economy humming during the virus crisis and hopefully avoid depression in the second and third quarters. The […]
COVID-19 Causes Gun Buying-Panic In Hungary Authored by Paul Joseph Watson via Summit News, Fearing the potential breakdown of law and order as a result of the coronavirus, Hungarians are panic buying guns, with one store reporting a five fold increase in sales. “We are selling five times as much as in a normal March,” […]
Watch: Putin Dons Hazmat Suit In Rare Visit To Covid-19 Patients Over the past years international media has been replete with images of Putin on horseback, Putin shirtless, Putin hunting and fishing, and the Russian president even engaged in a taekwondo competition. But here’s one that’s truly new and a scene we would have never imagined, as […]
In Spain You Can’t Use Your Own Back Yard. Police Make Sure of It… Authored by Philipp Bagus via The Mises Institute, The last days and weeks of the coronavirus epidemic give an interesting insight into the human psyche. Elementary liberties are restricted all over the world, such as the freedom of movement or private property. […]
“Very Technical Issue” – ECB Won’t Rule Out Purchases Of ETFs Central banks across the world are deploying every trick in the book to save the broken and bankrupt global economy that was derailed by bat soup. The latest trick, already tried and failed miserably by the Bank of Japan (BOJ), is that the European […]
Czech Republic Says It May Keep Borders Closed For 2 Years Authored by Paul Joseph Watson via Summit News, Officials in the Czech Republic say that the country may need to keep its borders closed for 2 years in order to fight a potential second wave of coronavirus. Czech Crisis Staff head Roman Prymula told […]
“Tinderbox For Spread”: UN Braces For Covid-19 Carnage In Refugee Camps “Around 70 million people are suffering displacement in crowded camps, awaiting the arrival of the coronavirus pandemic,” an alarming report in Foreign Policy begins. It’s been low on governments’ radar considering many are bogged down battling the pandemic in their midst, but the UN High […]
The European Central Bank Is Being Stretched To Its Breaking Point In Italy Authored by Fabrizio Ferrari via The Mises Institute, When Mario Draghi’s tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi’s successor turned out to be Christine Lagarde – a patent […]
EU Shrugs Off US Sanctions, Gives Millions In Coronavirus Aid To Iran The White House has not backed off it’s ‘maximum pressure’ campaign on Iran even as the Islamic Republic’s Covid-19 cases and deaths continue to soar, approaching 25,000 confirmed cases Tuesday. Despite even close US ally Britain quietly signalling it’s had enough of Washington’s ill-timed […]
The Geopolitics Of American Fear Authored by Peter Zeihan via Zeihan.com, Today, I’m not going to go through all the country-by-country details of the ongoing coronavirus pandemic. My team and I are working diligently – franticly – to assimilate a huge amount of ever-changing information. As soon as we have some preliminary conclusions, we will […]
Pompeo Issues ‘5 Facts’ Claiming Iran Exported COVID-19 To “At Least 5 Countries” As even Britain is urging its close US ally to moderate its stance on Iran sanctions as the Mideast country’s death toll surges from the coronvirus pandemic, the Washington-Tehran tit-for-tat exchanges and blame game over Covid-19 continues unabated. Yesterday Pompeo issued a new list of […]
Cop Out: Will Coronavirus Hysteria Open Door To Full-Blown Martial Law In America? Authored by Robert Bridge via The Strategic Culture Foundation, Amid rumors of a national lock-down, and the National Guard already activated in states across the country, rumors are rife that the land of the free will soon be cordoned off behind an […]
$850 Billion In Stock Buying Is About To Be Unleashed Over the weekend we showed something striking: as market crashed, quant and various other systematic funds were unwinding their positions at the fastest rate in history. Starting with CTAs… … which are now very short stocks and long the dollar… … continuing with risk-parity… … […]
LA Mayor To Cut Off Water & Power Of “Irresponsible, Selfish” Stores That Remain Open Earlier, Los Angeles County Sheriff Alex Villanueva ordered all gun stores closed (fearing that too many first-time gun-owners were getting access to weapons), and now LA Mayor Eric Garcetti lashed out at non-essential stores that refuse to close, making an […]
“Mountain Don’t”: Kentucky Couple Rage At Supermarket Disallowing Purchase Of 552 Cans Of Soda Two morbidly obese Americans from Kentucky were panic hoarding 23 cases of Mountain Drew, totaling 552 cans, at a Louisville Kroger last week, all caught on camera, along with an altercation with store employees about product limitations, reported Pop Culture. A […]
Will Trump Be Forced To Delay November Election? As states postpone voting in party primaries to comply with new social distancing guidelines enforced by the federal government to flatten the curve to slow down the spread of Covid-19, questions are starting to arise that maybe, President Trump will use the pandemic crisis to delay the 2020 […]
Stunning Satellite Images Show What It Looks Like When The World Stops The virus shock that has struck the global economy has been far faster and more severe than the 2008 financial crisis, Dot Com bust, and even the Great Depression. In one fell swoop (several months), the global economy has ground to a halt; stock […]
“Someone Is Gonna Get Shot” – LA County Sheriff Orders All Gun Stores Closed Amid the coronavirus outbreak, gun sales across the country have been skyrocketing, with firearm shops everywhere from San Diego, where one shop owner said he was seeing sales “ten times higher” than normal, to New Jersey, where sales across the state have more than […]
Putin’s Pin & America’s “Everything Bubble” Authored by ‘V F’ via TheChicagoEconomist.com, The Setting. Last September the Fed was forced to acknowledge a new systemic problem surfacing in the overnight lending markets. These are the same markets that collapsed the system in 2008 but a slightly different issue. This time the system literally ran out […]
Surging Grocery Comps Could Rocket Into Double Digits As Worried Quarantiners Lock Themselves Down With the entire world getting ready to hunker down and quarantine themselves due to the coronavirus outbreak, grocery sales have been surging so far this month. Food retailers saw explosive new sales growth of 8% during the first week of March, according […]
SoftBank Held Secret LBO Talks With Elliott As Masa Plots “Going Private” Rescue Yesterday, we joked that SoftBank’s decision to pursue a massive share buyback and deleveraging, ostensibly made to please activist investors like Paul Singer’s Elliott Capital Management, might have an important ancillary benefit: it could place Masa Son one step closer to taking […]
Here’s What A Lockdown Of India’s 1.3BN People Looks Like, Or One-Fifth The World’s Population Or rather we should ask whether this is even possible, given that as of the first night following Prime Minister Narendra Modi announcing in a televised address the immediate lockdown which orders some one-fifth of the world’s population to ‘stay indoors’ […]
Saudi Arabia & The US Could Form The World’s Newest Oil Cartel Authored by Irina Slav via OilPrice.com, The United States and Saudi Arabia have been discussing the idea of setting up an oil accord, Bloomberg reports, citing Energy Secretary Dan Brouillette. Such an agreement would effectively amount to a cartel, which, by definition, is […]
Boober Eats: Portland Exotic Dancers Pivot To Food Delivery As Strip Clubs Forced To Close Who says we can’t adapt and pull together in times of crisis, right? Certainly that’s the feeling in Portland, where strippers are now delivering food after the Lucky Devil Lounge was forced to close down. However, the same order that […]
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