https://www.youtube.com/watch?v=I5QwKEwo4Bc&feature=youtu.be
ISIS
The Money-Printing Gods Have Failed
Hooray! Finally even the robo-machines and day traders are puking, not BTFDing. Today’s 3,000 Dow Point Dump says even they have had enough of the craven dolts who occupy the Eccles Building. You do not need a PhD in economics—or even a night school survey course—to...
Read The Dire Coronavirus Report Given To Donald Trump
We are going through tough situations together this year. The first is the market meltdown and the second is the coming coronavirus storm. That latter situation has now come to the forefront with restrictions happening across the country. Where I live schools are...
Direct Payments From Government is Not the Way to Stimulate the Economy
The latest in the Federal government’s response to the coronavirus pandemic is President Trump’s announcement of a “stimulus package” estimated between $850 billion to $1 trillion. The plan reportedly includes $50 to $100 billion bailouts to the airline industry, $200...
Don’t Bailout The Share Buyback Queens
From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...
SCARE!
It has arrived, a pandemic. It swept the world, we watched, laughed and ignored it. Memes were made, media excitedly reported and millions speculated. It was fun to tinker inside of our minds what we would do should the zombie hoards arrive. We had seen the movies,...
Could the Coronavirus Be Fatal for the EU?
Since the EU’s debt crisis over Greece in 2009 and the subsequent problems with Italy, Spain, and Portugal, eurozone banks have dedicated their balance sheets to financing government deficits. At a cost to the commercial banks’ own cash flows, negative deposit...
Corona Crow is a Feast Fit for Kings
Sympathy and hope for “fear and loathing” in these uncertain days If only the chemically constricted pupils of Hunter S. Thompson could see us now. I wonder if he’d look up from his gourmet-plated cocaine and through the smokescreen of cigarettes and...
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