The MSM (and its many tentacles) has been lying about President Trump calling the new coronavirus a hoax – when it’s obvious from his comments that he was referring to media criticism of his administration’s response to the disease. “They tried to beat you on Russia, Russia, Russia,” Trump told a Charleston, SC crowd as… Read More
Three people have died at a Moscow birthday party after around 30 kilograms of dry ice meant to create special effects was tipped into a pool, investigators and reports said Saturday. The party at the Moscow pool complex late Friday was to mark the birthday of Ekaterina Didenko, a popular Instagram influencer focusing on pharmaceutical… Read More
The S&P 500 has been chugging along for a decade, up nearly 420% since the 2009 financial crisis lows. You can argue the reasons why – buying fueled by debt, share buybacks and low interest rates among them. Either way, it’s hard to argue against buying the index being the best risk adjusted trade for… Read More
Submitted by Taps Coogan on the 28th of February 2020 to The Sounding Line. Enjoy The Sounding Line? Click here to subscribe. For those interested in getting up to the minute view of the number of Coronavirus cases, deaths, and recoveries in every country around the world, we recently came across the following video-map from… Read More
Stock prices are falling faster and harder than they ever have before. If the financial markets are in this much chaos even though not a single American has died from the coronavirus yet, what are things going to look like if this outbreak starts sweeping across America like wildfire? The number of confirmed cases continues… Read More
Summary: WHO says outbreak in Iran likely worse than official numbers suggest; outbreak could go in “any direction” Cali monitoring 8400, 28 cases in the state China reports 327 new cases and 44 new deaths on Thursday Dozens of hospital staffers who treated US coronavirus patient with ‘unknown’ origin being ‘monitored’ Facebook cancels annual ‘F8′… Read More
Falling equity markets this week are likely to signal the onset of a bear market, responding to a combination of the coronavirus spreading beyond China and persistent indications of a developing recession. This has provoked a flight into US Treasuries, with the ten-year yield falling to an all-time low of 1.31%. This will prove to… Read More
The Turkish Air Force had a very bad last 24 hours, reportedly losing an unprecedented total of three unmanned aerial vehicles (UAVs) over Syria and Libya. Turkish President Erdogan attents to roll out of a new fleet of high tech drones, file image. First, a large Turkish military drone was downed over south Idlib on Tuesday.… Read More
As empty streets and shelves attest, people taking charge of risk has dire economic consequences. How many cases of Covid-19 in your community will it take for you to decide not to frequent public places such as cafes, restaurants, theaters, concerts, etc? How many cases in your community will it take for you to decide not to take… Read More
It is the senseless things of this world that sometimes knock sense into the high and mighty whose hubris causes them to believe they cannot fall. In this case, the tiny COVID-19 virus (coronavirus) is bringing down a global house of cards long perched to fall — locks, stocks, and barrels of oil. Stock investors… Read More
What a Coincidence! Why was the World Economic Forum gaming a pandemic six weeks prior to the corona virus breakout in China? Congress should hold hearings under oath. https://www.voltairenet.org/article209126.html?__cf_chl_jschl_tk__=9d691302ac85437fcb17cb1dd2dcdf6ddf20c307-1582555515-0-ARFcyHc2Dmz9ykjuDewoiKFFPJRdHDTOJUm3kgXwj1A5AsoinRxaoowAmGZLA3vNK_cwmv8M7hdYxJUx8GP5dDxAYVb8qq8Ef-wqswLYnHgMjvQHHjszfu444kBhliHitUyQG2lY-QA-Wna_B-lFfx7ItC4UNEVWrg1lL9u26sfdz3cpjWkDDkxp4dEfN9f6hzDwafZ90qZgZ_u477abTsmMP6WJHc10Ql1jUaiTlmL6sXZaW-iBSGnW4UtRehPmv9LIWs5YOHUImlqVESEqUyI9p7ltvXGVidRZfuzDSXMN The post Davos Group Gamed Pandemic 6 Weeks Prior to Virus Breakout appeared first on PaulCraigRoberts.org. Source: paulcraigroberts.org
Many were hoping that this coronavirus outbreak would begin to subside, but instead we witnessed an explosion of newly confirmed cases over the weekend. In fact, the number of confirmed cases outside of China has doubled over the past five days. If that number continues to double very rapidly, authorities will be talking about a… Read More
The public is always ready to panic over the next pandemic. We love a good movie like the old Ebola scare, Outbreak. We even have a name for the next mystery disease — the big one that is supposed to destroy us all like World War III or like the apocalypse — a scientific name.… Read More
Given the exquisite precariousness of the global financial system and economy, hopes for a brief and mild downturn are wildly unrealistic. If we asked a panel of epidemiologists to imagine a virus optimized for rapid spread globally and high lethality, they’d likely include these characteristics: 1. Highly contagious, with an R0 of 3 or higher.… Read More
As the number of confirmed coronavirus infections in South Korea goes parabolic, the latest development in the Pacific Rim nation is right out of Arkham Asylum. But first, the big picture: South Korea reported 229 new confirmed cases on Saturday, as the number of infections more than doubled in a day to 433, an eightfold… Read More
This post Coronavirus Slams Chinese Economy appeared first on Daily Reckoning. How bad is the coronavirus pandemic in China? It’s worse than the Chinese government knows and worse than the world believes. Here are the official statistics on the coronavirus (technically COVID-19) as of today: There are 75,685 confirmed infections worldwide, with 98% of that… Read More
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse, shutting down China and disrupting global supply chains to the point where large swathes of global production simply cease. The crisis is likely to be a wake-up call for… Read More
Almost exactly 10 years ago, we detailed the tragic death of Gerard Reilly in a skiing accident – the point man on Repo 105, the point person for E&Y’s “investigation” into the Matthew Lee whistleblower campaign, Lehman’s Level 2 and Level 3 asset valuation, the brain behind the idea to spin off Lehman’s commercial real… Read More
NATASCHA Viljoen, group head of processing at Anglo American Platinum (Amplats), has been tipped by BusinessLive as the lead contender to take over management of the group following the surprise resignation of CEO, Chris Griffith on Monday. The publication said Viljoen was the “sensible money” for the post, partly owning to her “strong track record”… Read More
Submitted by Taps Coogan on the 18th of January 2020 to The Sounding Line. Enjoy The Sounding Line? Click here to subscribe. This article is the seventh in a series exploring oil and gas production in the seven major US shale basins. To read about the Anadarko, Appalachia, Bakken, Eagle Ford, Haynesville, and Niobrara basins… Read More