shoebat--2020-04-25--Bacon Goes From The Frying Pan To The Fire As Up To 25% Of Pork Production Stops

Pork is delicious and a profitable meat to sell as well as one often consumed by the poor because it has many uses .
However , a recent report on futures by way of Bloomberg says that it may become a difficult meat for many as “ shortages ” while up to 25 % of the nation ’ s pork production has come to an absolute stop .
The U.S. is edging closer to possible meat shortages with another major plant taken off line .
About a quarter of American pork production and 10 % of beef output has now @ @ @ @ @ @ @ Food & Commercial Workers , which estimates that 13 U.S. plants are down .
On Thursday , Tyson Foods Inc. said it was shutting its beef facility in Pasco , Washington , fresh on the heels of the company idling two key pork plants .
Case counts are continuing to mount , including in Canada , where industry groups are saying they ’ ll probably hold back some supplies usually exported to the U.S. And the head of JBS SA , the world ’ s top meat producer , is warning of shortfalls @ @ @ @ @ @ @ Agriculture inspectors have tested positive for the coronavirus .
The workers , part of the Food Safety and Inspection Service that employs about 6,500 inspectors , have been traveling between plants with known infections to other facilities .
And at least one inspector has died after apparently contracting Covid-19 , according to information the federal agency provided Thursday during a phone call with consumer groups .
The infections among inspectors are adding to fears that shutdowns will keep occurring , especially if the sick USDA employees bring the infection to plants where there @ @ @ @ @ @ @ “ A traveling inspector bringing in the disease is our biggest worry , ” said Mike Callicrate , a rancher , processor and advocate in Kansas .
Meat prices are surging on the disruptions .
U.S. wholesale beef hit the highest on record .
Pork bellies , the cut turned into bacon , soared 137 % in the five days through Wednesday .
Things are so dire that Iowa , the biggest hog state , activated the National Guard to help protect supplies .
( source ) I will say this , that @ @ @ @ @ @ @ there is a strong chance this “ shortage ” is politically manufactured .
It does not exist in reality , but is being created .
I have noted many times that pork is tied to Chinese agricultural policy .
With 80 % of the worlds pork coming from 10 countries , the leading one being the US .
With the spread of swine flu that has decimated world swine stocks of up to 25 % , and now with the current “ food crisis ” , the global shortage of pork will mean @ @ @ @ @ @ @ time- it means more expensive prices for Americans , but a crisis for the Chinese of national proportions .
Americans may not be able to enjoy delicious ribs , chops , and bacon as much , but for the Chinese , who rely on pork as a staple of their diets , pork shortages create the conditions for starvation .
It is almost too geopoltically perfect that the shortage is happening during the same time as the COVID-19 virus , as the Chinese handling of the virus , no matter what one wants @ @ @ @ @ @ @ appear to be fools who are dangerous and irresponsible before the entire world .
Likewise , remember how Shoebat.com has emphasized that Trump ’ s visit to Modi in India was more than accidental , as India is arguably the largest economic and geopolitical challenge China will have to face off against other than her historical adversary of Japan .
With the number of factories and manufacturing operations that have silently been transferring to India , she is likely going to become for the 2020s and beyond what China was from the 1970s @ @ @ @ @ @ @ to go through another major turning .
We are seeing this happen right now .
Pork prices are not the reason for this .
It is that pork prices here are a tangible manifestation of greater changes happening right now that one should only ignore at one ’ s own peril .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria @ @ @ @ @ @ @ , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

Pork is delicious and a profitable meat to sell as well as one often consumed by the poor because it has many uses. However, a recent report on futures by way of Bloomberg says that it may become a difficult meat for many as “shortages” while up to 25% of the nation’s pork production has come to an absolute stop.
The U.S. is edging closer to possible meat shortages with another major plant taken off line. About a quarter of American pork production and 10% of beef output has now been shuttered, according to the United Food & Commercial Workers, which estimates that 13 U.S. plants are down. On Thursday, Tyson Foods Inc. said it was shutting its beef facility in Pasco, Washington, fresh on the heels of the company idling two key pork plants. Case counts are continuing to mount, including in Canada, where industry groups are saying they’ll probably hold back some supplies usually exported to the U.S. And the head of JBS SA, the world’s top meat producer, is warning of shortfalls. Meanwhile, 100 U.S. Department of Agriculture inspectors have tested positive for the coronavirus. The workers, part of the Food Safety and Inspection Service that employs about 6,500 inspectors, have been traveling between plants with known infections to other facilities. And at least one inspector has died after apparently contracting Covid-19, according to information the federal agency provided Thursday during a phone call with consumer groups. The infections among inspectors are adding to fears that shutdowns will keep occurring, especially if the sick USDA employees bring the infection to plants where there’s not yet an outbreak. “A traveling inspector bringing in the disease is our biggest worry,” said Mike Callicrate, a rancher, processor and advocate in Kansas. Meat prices are surging on the disruptions. U.S. wholesale beef hit the highest on record. Pork bellies, the cut turned into bacon, soared 137% in the five days through Wednesday. Things are so dire that Iowa, the biggest hog state, activated the National Guard to help protect supplies. (source)
I will say this, that while I cannot prove it, there is a strong chance this “shortage” is politically manufactured. It does not exist in reality, but is being created.
I have noted many times that pork is tied to Chinese agricultural policy. With 80% of the worlds pork coming from 10 countries, the leading one being the US. With the spread of swine flu that has decimated world swine stocks of up to 25%, and now with the current “food crisis”, the global shortage of pork will mean what I have said for a long time- it means more expensive prices for Americans, but a crisis for the Chinese of national proportions. Americans may not be able to enjoy delicious ribs, chops, and bacon as much, but for the Chinese, who rely on pork as a staple of their diets, pork shortages create the conditions for starvation.
It is almost too geopoltically perfect that the shortage is happening during the same time as the COVID-19 virus, as the Chinese handling of the virus, no matter what one wants to believe happened, has made them appear to be fools who are dangerous and irresponsible before the entire world.
Likewise, remember how Shoebat.com has emphasized that Trump’s visit to Modi in India was more than accidental, as India is arguably the largest economic and geopolitical challenge China will have to face off against other than her historical adversary of Japan. With the number of factories and manufacturing operations that have silently been transferring to India, she is likely going to become for the 2020s and beyond what China was from the 1970s until now.
The world is about to go through another major turning. We are seeing this happen right now.
Pork prices are not the reason for this. It is that pork prices here are a tangible manifestation of greater changes happening right now that one should only ignore at one’s own peril.
print


shoebat--2020-04-25--Here It Comes- Credit Card Defaults Will Start “Rolling In”

The concept of “ rolling debt ” is something that most Americans are used to in the form of credit cards , since the debt “ rolls ” from month-to-month .
While most can “ roll ” with the debt , if one is not careful , the debt can roll over a person and crush him financially .
However , the Wall Street Journal reports this is what is about to happen to many Americans as the unemployment situation precipitated by COVID-19 is about cause a lot of credit card defaults .
Millions of Americans are skipping their credit-card @ @ @ @ @ @ @ out of work .
Banks and other lenders that for years relied on heavy consumer spending to create big profits are preparing to struggle alongside their customers .
As the economy spirals , credit-card payments are one of the first places where the effects will show up .
They are often the first loans people stop paying when money is tight .
They are usually unsecured , which means lenders have little recourse if a borrower stops paying .
Many large card issuers , including Capital One , Discover Financial Services and Synchrony @ @ @ @ @ @ @ credit-card payments for a month or longer .
Some are lowering or waiving late fees and interest charges , or even forgiving portions of customers ’ balances .
Those suspensions will allow some borrowers to stay afloat , but only temporarily .
Companies and analysts expect delinquencies and charge-offs to soar later this year .
Banks and other lenders can only shoulder the unpaid loans for so long before they face a reckoning too .
( source ) This is just the beginning of the debt crisis .
It is going to destroy @ @ @ @ @ @ @ the already dire financial situation .
Keep an eye on this because this could lead to exposing the housing , auto , and student loan debts that when revealed will crush the economy , or what is rather left of it .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are @ @ @ @ @ @ @ trends and providing data and analysis to tell you what lies for the future .
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The concept of “rolling debt” is something that most Americans are used to in the form of credit cards, since the debt “rolls” from month-to-month. While most can “roll” with the debt, if one is not careful, the debt can roll over a person and crush him financially. However, the Wall Street Journal reports this is what is about to happen to many Americans as the unemployment situation precipitated by COVID-19 is about cause a lot of credit card defaults.
Millions of Americans are skipping their credit-card payments as the coronavirus pandemic puts them out of work. Banks and other lenders that for years relied on heavy consumer spending to create big profits are preparing to struggle alongside their customers. As the economy spirals, credit-card payments are one of the first places where the effects will show up. They are often the first loans people stop paying when money is tight. They are usually unsecured, which means lenders have little recourse if a borrower stops paying. Many large card issuers, including Capital One, Discover Financial Services and Synchrony Financial, are letting borrowers pause their credit-card payments for a month or longer. Some are lowering or waiving late fees and interest charges, or even forgiving portions of customers’ balances. Those suspensions will allow some borrowers to stay afloat, but only temporarily. Companies and analysts expect delinquencies and charge-offs to soar later this year. Banks and other lenders can only shoulder the unpaid loans for so long before they face a reckoning too. (source)
This is just the beginning of the debt crisis. It is going to destroy the credit of many Americans and worsen the already dire financial situation.
Keep an eye on this because this could lead to exposing the housing, auto, and student loan debts that when revealed will crush the economy, or what is rather left of it.
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shoebat--2020-04-26--Decline In Oil Contracts Destroy Chinese Investors

The decline in recent oil barrel contracts is not an accident .
It is a politically motivated action that is highly suspicious in light of the food shortages targeting pork- which China needs for survival -and that the virus has shut down the Chinese economy , is compelling manufacturing to move to nations such as India or those scattered throughout Southeast Asia , and how China is being isolated for her actions before the entire world .
But what about oil ?
Zero Hedge reports that in light of the future ’ s contract collapse , not only has Russia @ @ @ @ @ @ @ been forced into margin calls where the rolling nature of the contracts has made people go from investing money earning income to owing money to the banks .
It ’ s not just investors in the largest US oil ETF , the USO , the suffered billions in losses last week after WTI plunged , its May contract settling at minus $ 37.63 on Monday : the shockwave from the crash in near-dated crude prices , which has forced the USO to halt for trading on several occasions as it scrambles to rebalance @ @ @ @ @ @ @ as it possibly can to avoid another deliverable disaster and stay in business , has also wiped out countless Chinese investors , many of whom ended up owing money to the bank .
The latest Bank of China estimates for the carnage to retail investors from the collapse in a product linked to U.S. crude oil futures has surged 11-fold to more than 7 billion yuan ( $ 1 billion ) as it consolidated reports from its nationwide network , Bloomberg reported .
The fourth largest Chinese bank ’ s estimate of losses @ @ @ @ @ @ @ 600 million yuan in the middle of last week as more information was gathered from its over 10,000 outlets , said the sources .
And since the number “ isn ’ t final and subject to further changes as the lender examines the data from its branches ” , the full loss will likely be even greater .
More than 60,000 clients have invested in Bank of China ’ s product , Caixin reported , adding that investors have lost their margins of 4.2 billion and owed the bank a further 5.8 billion @ @ @ @ @ @ @ still need to settle their positions at the Monday WTI settlement price , and the bank has completed settlement of all May contracts .
Over the next few days , more investors were likely settling their losses with some strategically disappearing and hoping they can leave the bank to foot the bill .
As Caixin adds , one investor took a 9.2 million yuan ( $ 1.3 million ) loss on a 3.9 million yuan investment in the product , according to a document circulating online .
The oil price slump left the @ @ @ @ @ @ @ bank .
( source ) This is essentially what happened in the famous scene from Trading Places , where Eddie Murphy and Dan Aykroyd short orange juice contracts and then buy hundreds back once it is announced that the crop did not collapse , making them instant millionaires .
Metaphorically speaking , the Chinese traders are basically the Duke Brothers here , and Eddie Murphy and Dan Aykroyd are the Americans .
They just destroyed the Chinese financial markets with one blow to the oil futures market .
Plus they also took down @ @ @ @ @ @ @ , the virus is the “ gift that keeps on giving ” , because so many changes in such a short time have come from it .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell @ @ @ @ @ @ @ CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

The decline in recent oil barrel contracts is not an accident. It is a politically motivated action that is highly suspicious in light of the food shortages targeting pork- which China needs for survival -and that the virus has shut down the Chinese economy, is compelling manufacturing to move to nations such as India or those scattered throughout Southeast Asia, and how China is being isolated for her actions before the entire world.
But what about oil? Zero Hedge reports that in light of the future’s contract collapse, not only has Russia been affected, but Chinese investors have been forced into margin calls where the rolling nature of the contracts has made people go from investing money earning income to owing money to the banks.
It’s not just investors in the largest US oil ETF, the USO, the suffered billions in losses last week after WTI plunged, its May contract settling at minus $37.63 on Monday: the shockwave from the crash in near-dated crude prices, which has forced the USO to halt for trading on several occasions as it scrambles to rebalance daily and purchase as many longer-dated futures as it possibly can to avoid another deliverable disaster and stay in business, has also wiped out countless Chinese investors, many of whom ended up owing money to the bank. The latest Bank of China estimates for the carnage to retail investors from the collapse in a product linked to U.S. crude oil futures has surged 11-fold to more than 7 billion yuan ($1 billion) as it consolidated reports from its nationwide network, Bloomberg reported. The fourth largest Chinese bank’s estimate of losses to customers across China increased from just 600 million yuan in the middle of last week as more information was gathered from its over 10,000 outlets, said the sources. And since the number “isn’t final and subject to further changes as the lender examines the data from its branches”, the full loss will likely be even greater. More than 60,000 clients have invested in Bank of China’s product, Caixin reported, adding that investors have lost their margins of 4.2 billion and owed the bank a further 5.8 billion yuan. BoC said Wednesday that investors still need to settle their positions at the Monday WTI settlement price, and the bank has completed settlement of all May contracts. Over the next few days, more investors were likely settling their losses with some strategically disappearing and hoping they can leave the bank to foot the bill. As Caixin adds, one investor took a 9.2 million yuan ($1.3 million) loss on a 3.9 million yuan investment in the product, according to a document circulating online. The oil price slump left the investor owing 5.3 million yuan to the bank. (source)
This is essentially what happened in the famous scene from Trading Places, where Eddie Murphy and Dan Aykroyd short orange juice contracts and then buy hundreds back once it is announced that the crop did not collapse, making them instant millionaires.
Metaphorically speaking, the Chinese traders are basically the Duke Brothers here, and Eddie Murphy and Dan Aykroyd are the Americans. They just destroyed the Chinese financial markets with one blow to the oil futures market. Plus they also took down Russia’s economy too.
Truly, the virus is the “gift that keeps on giving”, because so many changes in such a short time have come from it.
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shoebat--2020-04-26--Will “Biden Bucks” Top The Height Of The “Trump Stack”?

“ Trump Stack ” is the term I have used for describing President Trump ’ s unprecedented socialist money printing-and-handout in the form of the COVID-19 checks that makes the TARP bailouts look like vending machine change .
Now Democrat Presidential Candidate Joe Biden as reported by Politico is now encouraging ‘ Biden Bucks ’ as he says the country needs more stimulus money than what Trump gave .
Joe Biden wants a more progressive approach to economic stimulus legislation than Washington has taken so far , including much stricter oversight of the Trump administration , much tougher conditions on @ @ @ @ @ @ @ and climate that have so far been largely absent from congressional debates .
In a fiery half-hour interview with POLITICO , the presumptive Democratic nominee sounded a bit like his angrier and less moderate primary rivals , Sens .
Bernie Sanders and Elizabeth Warren , though in unexpurgated Biden style .
The former vice president said the next round of coronavirus stimulus needs to be “ a hell of a lot bigger ” than last month ’ s $ 2 trillion CARES Act , that it needs to include massive aid to states @ @ @ @ @ @ @ laying off a hell of a lot of teachers and cops and firefighters , ” and that the administration is already “ wasting a hell of a lot of money.
” ( source ) I have noted that a strong change exists that Trump may do a second round of stimulus , perhaps before the election or just after it .
Either way , the fact that Democrats are clamoring for money is ( a ) likely that in the name of getting votes that Trump will do it , ( b ) @ @ @ @ @ @ @ and ( c ) will result in a Democrat 2024 victory .
Printing money does not solve problems .
It only creates more because it devalues the currency .
However , people do not see this .
They only see , to use a meme that has been appearing on 4Chan “ ha ha money printer go brrr ” , meaning that printing money equals making them richer .
America will get poorer with each round of money printing .
Eventually , it will cause a currency crisis .
This is a historical @ @ @ @ @ @ @ as this .
However , it is actually a great thing for Democrats , because if the currency crashes on Trump ’ s watch , it will ensure a 2024 victory since they can put forth the image of being the ones who saved the economy , when the reality is that all parties destroyed it .
For now , since there is nothing that the common man can do , it is better to take what is given , use it to pay taxes , and spend the rest acquiring assets to @ @ @ @ @ @ @ price of goods increases while the money becomes as valuable as the paper it is printed on .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE @ @ @ @ @ @ @

“Trump Stack” is the term I have used for describing President Trump’s unprecedented socialist money printing-and-handout in the form of the COVID-19 checks that makes the TARP bailouts look like vending machine change. Now Democrat Presidential Candidate Joe Biden as reported by Politico is now encouraging ‘Biden Bucks’ as he says the country needs more stimulus money than what Trump gave.
Joe Biden wants a more progressive approach to economic stimulus legislation than Washington has taken so far, including much stricter oversight of the Trump administration, much tougher conditions on business bailouts and long-term investments in infrastructure and climate that have so far been largely absent from congressional debates. In a fiery half-hour interview with POLITICO, the presumptive Democratic nominee sounded a bit like his angrier and less moderate primary rivals, Sens. Bernie Sanders and Elizabeth Warren, though in unexpurgated Biden style. The former vice president said the next round of coronavirus stimulus needs to be “a hell of a lot bigger” than last month’s $2 trillion CARES Act, that it needs to include massive aid to states and cities to prevent them from “laying off a hell of a lot of teachers and cops and firefighters,” and that the administration is already “wasting a hell of a lot of money.” (source)
I have noted that a strong change exists that Trump may do a second round of stimulus, perhaps before the election or just after it.
Either way, the fact that Democrats are clamoring for money is (a) likely that in the name of getting votes that Trump will do it, (b) will continue to destroy the currency, and (c) will result in a Democrat 2024 victory.
Printing money does not solve problems. It only creates more because it devalues the currency. However, people do not see this. They only see, to use a meme that has been appearing on 4Chan “ha ha money printer go brrr”, meaning that printing money equals making them richer.
America will get poorer with each round of money printing. Eventually, it will cause a currency crisis. This is a historical constant that happens in all situations such as this.
However, it is actually a great thing for Democrats, because if the currency crashes on Trump’s watch, it will ensure a 2024 victory since they can put forth the image of being the ones who saved the economy, when the reality is that all parties destroyed it.
For now, since there is nothing that the common man can do, it is better to take what is given, use it to pay taxes, and spend the rest acquiring assets to help oneself in the future as the price of goods increases while the money becomes as valuable as the paper it is printed on.
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shoebat--2020-04-26--Oil Industry Set To Shut Down Amid Collapsing Market Prices

When massive shocks to any market happens , it can seriously disturb or invert “ normal ” patterns of behavior .
As it is being reported from Bloomberg by way of Yahoo !
News , the oil industry is preparing to shut down amid the collapse in futures contracts that has left per-barrel oil prices at negative rates .
Negative oil prices , ships dawdling at sea with unwanted cargoes , and traders getting creative about where to stash oil .
The next chapter in the oil crisis is now inevitable : great swathes of the petroleum industry are about @ @ @ @ @ @ @ impact of the coronavirus has ripped through the oil industry in dramatic phases .
First it destroyed demand as lockdowns shut factories and kept drivers at home .
Then storage started filling up and traders resorted to ocean-going tankers to store crude in the hope of better prices ahead .
Now shipping prices are surging to stratospheric levels as the industry runs out of tankers — a sign of just how distorted the market has become .
The specter of production shut-downs — and the impact they will have on jobs , companies @ @ @ @ @ @ @ — was one of the reasons that spurred world leaders to join forces to cut production in an orderly way .
But as the scale of the crisis dwarfed their efforts , failing to stop prices diving below zero last week , shut-downs are now a reality .
It ’ s the worst-case scenario for producers and refiners .
“ We are moving into the end-game , ” Torbjorn Tornqvist , head of commodity trading giant Gunvor Group Ltd. , said in an interview .
“ Early-to-mid May could be the peak .
@ @ @ @ @ @ @ away from it.
” ( source )

When massive shocks to any market happens, it can seriously disturb or invert “normal” patterns of behavior. As it is being reported from Bloomberg by way of Yahoo! News, the oil industry is preparing to shut down amid the collapse in futures contracts that has left per-barrel oil prices at negative rates.
Negative oil prices, ships dawdling at sea with unwanted cargoes, and traders getting creative about where to stash oil. The next chapter in the oil crisis is now inevitable: great swathes of the petroleum industry are about to start shutting down.
The economic impact of the coronavirus has ripped through the oil industry in dramatic phases. First it destroyed demand as lockdowns shut factories and kept drivers at home. Then storage started filling up and traders resorted to ocean-going tankers to store crude in the hope of better prices ahead.
Now shipping prices are surging to stratospheric levels as the industry runs out of tankers — a sign of just how distorted the market has become.
The specter of production shut-downs — and the impact they will have on jobs, companies, their banks, and local economies — was one of the reasons that spurred world leaders to join forces to cut production in an orderly way. But as the scale of the crisis dwarfed their efforts, failing to stop prices diving below zero last week, shut-downs are now a reality. It’s the worst-case scenario for producers and refiners.
“We are moving into the end-game,” Torbjorn Tornqvist, head of commodity trading giant Gunvor Group Ltd., said in an interview. “Early-to-mid May could be the peak. We are weeks, not months, away from it.” (source)


shoebat--2020-04-26--American Parents In Panic After Being Forced To Raise Their Own Children

With schoolchildren across the country being compelled to stay at home in order to stop the spread of COVID-19 parents have been forced to do that which so many do not attempt any efforts in , and that is raising their own children and homeschooling them .
As it is reported by Fox5NY , a lot of parents are giving up and saying they can not handle the work .
Frustration is mounting as more families across the U.S. enter their second or even third week of distance learning — and some overwhelmed parents say it will be their last @ @ @ @ @ @ @ , video meet-ups and e-mailed assignments that pass as pandemic home school , some frustrated and exhausted parents are choosing to disconnect entirely for the rest of the academic year .
Others are cramming all their children ’ s school work into the weekend or taking days off work to help their kids with a week ’ s worth of assignments in one day .
“ We tried to make it work the first week .
We put together a schedule , and what we found is that forcing a child who is @ @ @ @ @ @ @ is really , really hard , ” said Alexandra Nicholson , whose son is in kindergarten in a town outside Boston .
“ I ’ d rather have him watch classic Godzilla movies and play in the yard and pretend to be a Jedi rather than figure out basic math.
” That stress is only compounded for families with multiple children in different grades , or when parents work long hours outside the home .
In some cases , older siblings must watch younger ones during the day , leaving no time for @ @ @ @ @ @ @ pressure is on and I think it ’ s on even more for some of our low-income families .
It ’ s totally overwhelming , ” said Rachel Pearl , chief program officer for Friends of the Children-Portland .
The Portland , Oregon-based national nonprofit pairs paid mentors with at-risk children .
“ A lot of our families already feel they ’ re not doing enough when they are working so hard and I fear they will fear they are failing at it.
” ( source ) Homeschooling is very hard , but @ @ @ @ @ @ @ the American school system acts as a surrogate babysitter .
For some people this is important because parents today have been forced due to socially engineered changes to have two parents working , but as many can not work because of the virus situation , parents and children are forced to live with each other and work together .
As I have noted before in previous stories , the COVID-19 crisis has not caused problems so much as exposed serious system flaws that were existing for many years , and the exposure of @ @ @ @ @ @ @ in so far that it presents the opportunity to correct the problems .
A lot of these problems were created out of greed by “ business leaders ” who aggressively pursued short-term profit at the long-term expense of the common man .
These people are not “ leaders ” , but narcissistic psychopaths who at the absolute least need to be put into prison cells and never released from them .
The American family has been broken for a very long time .
Part of the reason it broke was because of the @ @ @ @ @ @ @ families , and lobbyists in finance , industry , and business , but it was also because people accepted the changes for selfish reasons and refused to fight against them .
A lot of Americans for the last century would rather enjoy an ‘ easy life ’ of a false luxury and apathy rather than plan for the future , and this was drilled into the culture as a type of value to pursue .
The virus did not create this .
But by forcing parents and children to work together , and @ @ @ @ @ @ @ and there are a lot of problems , is not causing dysfunction , but showing that the family unit is mostly broken and does not work well together in modern times .
In order to fix society , one must repair the broken family situation , because the society is a reflection many times throughout history of the state of the family .
Parents get frustrated because children act up .
This is not a new problem .
Rather , it is for parents to work through them , even if it is @ @ @ @ @ @ @ not to just give up and run away .
However , this is what many people want to do , and while I can not see direct proof of additional data , it would seem to be likely it is more the “ strong women ” who are giving up because a lot of the apathy and laziness in society was lobbied for and driven by them by exploiting the sense that many have for power and money and social status versus other women .
Consider this virus as a blessing- it is @ @ @ @ @ @ @ run away , but to get work done and to prepare for a future that is uncertain , for there is no time like the present to get oneself into a situation that will enable him to weather whatever tomorrow will bring .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we @ @ @ @ @ @ @ global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

With schoolchildren across the country being compelled to stay at home in order to stop the spread of COVID-19 parents have been forced to do that which so many do not attempt any efforts in, and that is raising their own children and homeschooling them. As it is reported by Fox5NY, a lot of parents are giving up and saying they cannot handle the work.
Frustration is mounting as more families across the U.S. enter their second or even third week of distance learning — and some overwhelmed parents say it will be their last. Amid the barrage of learning apps, video meet-ups and e-mailed assignments that pass as pandemic home school, some frustrated and exhausted parents are choosing to disconnect entirely for the rest of the academic year. Others are cramming all their children’s school work into the weekend or taking days off work to help their kids with a week’s worth of assignments in one day. “We tried to make it work the first week. We put together a schedule, and what we found is that forcing a child who is that young into a fake teaching situation is really, really hard,” said Alexandra Nicholson, whose son is in kindergarten in a town outside Boston. “I’d rather have him watch classic Godzilla movies and play in the yard and pretend to be a Jedi rather than figure out basic math.” That stress is only compounded for families with multiple children in different grades, or when parents work long hours outside the home. In some cases, older siblings must watch younger ones during the day, leaving no time for school work. “I think the pressure is on and I think it’s on even more for some of our low-income families. It’s totally overwhelming,” said Rachel Pearl, chief program officer for Friends of the Children-Portland. The Portland, Oregon-based national nonprofit pairs paid mentors with at-risk children. “A lot of our families already feel they’re not doing enough when they are working so hard and I fear they will fear they are failing at it.” (source)
Homeschooling is very hard, but so is raising children.
Unfortunately, the American school system acts as a surrogate babysitter. For some people this is important because parents today have been forced due to socially engineered changes to have two parents working, but as many cannot work because of the virus situation, parents and children are forced to live with each other and work together.
As I have noted before in previous stories, the COVID-19 crisis has not caused problems so much as exposed serious system flaws that were existing for many years, and the exposure of problems is never fun but is good in so far that it presents the opportunity to correct the problems. A lot of these problems were created out of greed by “business leaders” who aggressively pursued short-term profit at the long-term expense of the common man. These people are not “leaders”, but narcissistic psychopaths who at the absolute least need to be put into prison cells and never released from them.
The American family has been broken for a very long time. Part of the reason it broke was because of the government pursuing policies encouraged by individuals, families, and lobbyists in finance, industry, and business, but it was also because people accepted the changes for selfish reasons and refused to fight against them. A lot of Americans for the last century would rather enjoy an ‘easy life’ of a false luxury and apathy rather than plan for the future, and this was drilled into the culture as a type of value to pursue.
The virus did not create this. But by forcing parents and children to work together, and realizing they cannot work together well and there are a lot of problems, is not causing dysfunction, but showing that the family unit is mostly broken and does not work well together in modern times.
In order to fix society, one must repair the broken family situation, because the society is a reflection many times throughout history of the state of the family.
Parents get frustrated because children act up. This is not a new problem. Rather, it is for parents to work through them, even if it is slow, and get them resolved, not to just give up and run away. However, this is what many people want to do, and while I cannot see direct proof of additional data, it would seem to be likely it is more the “strong women” who are giving up because a lot of the apathy and laziness in society was lobbied for and driven by them by exploiting the sense that many have for power and money and social status versus other women.
Consider this virus as a blessing- it is a great time not to complain or run away, but to get work done and to prepare for a future that is uncertain, for there is no time like the present to get oneself into a situation that will enable him to weather whatever tomorrow will bring.
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shoebat--2020-04-26--While People Get Poorer And Hungrier, Huge Amounts Of Food Go To Waste

People are getting poorer , and cheap food is more necessary now than ever .
However , shocks to the food supply chain have caused large amounts of food to either increase in price or go bad .
In one major example of this , Politico reports that huge amounts of food are going to waste , from rotting in the fields to rotting in storage waiting to go to market .
Tens of millions of pounds of American-grown produce is rotting in fields as food banks across the country scramble to meet a massive surge in demand , a @ @ @ @ @ @ @ billions of dollars in revenue while millions of newly jobless Americans struggle to feed their families .
While other federal agencies quickly adapted their programs to the coronavirus crisis , the Agriculture Department took more than a month to make its first significant move to buy up surplus fruits and vegetables — despite repeated entreaties .
“ It ’ s frustrating , ” said Nikki Fried , commissioner of agriculture in Florida .
Fried , who is a Democrat , and much of the Florida congressional delegation asked Agriculture Secretary Sonny Perdue nearly @ @ @ @ @ @ @ authority and funding to get more Florida farmers plugged into federal food purchasing and distribution programs as the food service market collapsed .
“ Unfortunately , USDA didn ’ t move until [ last week ] .
” The Agriculture Department said it has moved expeditiously to respond to the crisis .
“ USDA is committed to maximizing our services and flexibilities to ensure children and others who need food can get it during this coronavirus epidemic , ” Secretary Sonny Perdue said in a statement to POLITICO .
“ This is a @ @ @ @ @ @ @ it is reassuring to see President Trump and our fellow Americans stepping up to the challenges facing us to make sure kids and those facing hunger are fed.
” ( source ) It is highly unlikely that there is a natural food crisis in the US right now completely taking place .
While it is not true all of the time , many times , food crises are politically manufactured events .
Starvation is political to compel people to accept certain policies they normally would not endure .
The biggest example of this @ @ @ @ @ @ @ was the politically-manufactured starvation of Ukraine by the Soviet social engineers Gengrikh Yagoda and Lazar Kaganovich that resulted in the starvation of ten million Ukrainians and the ethnic cleansing of that country .
The US feeds the world for political reasons , and she still feeds Saudi Arabia .
There is no reason she can not feed her own people unless it is meant to cause political agitation .
This is what seems to be happening .
Pork prices are not increasing because of a “ pork shortage ” , but because ( @ @ @ @ @ @ @ and the drop in price means lower returns for investors , and more importantly , because pork ( b ) is a weapon we use against the Chinese since they rely on the US for food sustenance in the form of buying pork from American farmers .
It is true that farmers are having a hard time picking vegetables- something caused by the disruption to the patterns of necessary migrant workers who do the jobs that Americans do not or refuse to do and in so doing create value for themselves in their @ @ @ @ @ @ @ cheap food .
However , one can not also eliminate the political element from this .
What is one looking at here ?
Is it acclimating the public to future food shortages ?
Will this just be a temporary disruption that will pass in a few years ?
Whatever happens , it is an excellent reminder to all people that the time to prepare was yesterday , that one should work as hard as one can today , and in making good decisions to be ready for the troubles that tomorrow may bring @ @ @ @ @ @ @ work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

People are getting poorer, and cheap food is more necessary now than ever. However, shocks to the food supply chain have caused large amounts of food to either increase in price or go bad. In one major example of this, Politico reports that huge amounts of food are going to waste, from rotting in the fields to rotting in storage waiting to go to market.
Tens of millions of pounds of American-grown produce is rotting in fields as food banks across the country scramble to meet a massive surge in demand, a two-pronged disaster that has deprived farmers of billions of dollars in revenue while millions of newly jobless Americans struggle to feed their families. While other federal agencies quickly adapted their programs to the coronavirus crisis, the Agriculture Department took more than a month to make its first significant move to buy up surplus fruits and vegetables — despite repeated entreaties. “It’s frustrating,” said Nikki Fried, commissioner of agriculture in Florida. Fried, who is a Democrat, and much of the Florida congressional delegation asked Agriculture Secretary Sonny Perdue nearly a month ago to use his broad authority and funding to get more Florida farmers plugged into federal food purchasing and distribution programs as the food service market collapsed. “Unfortunately, USDA didn’t move until [last week].” … The Agriculture Department said it has moved expeditiously to respond to the crisis. “USDA is committed to maximizing our services and flexibilities to ensure children and others who need food can get it during this coronavirus epidemic,” Secretary Sonny Perdue said in a statement to POLITICO. “This is a challenging time for many Americans, but it is reassuring to see President Trump and our fellow Americans stepping up to the challenges facing us to make sure kids and those facing hunger are fed.” (source)
It is highly unlikely that there is a natural food crisis in the US right now completely taking place.
While it is not true all of the time, many times, food crises are politically manufactured events.
Starvation is political to compel people to accept certain policies they normally would not endure. The biggest example of this last century was the Holodomor, which was the politically-manufactured starvation of Ukraine by the Soviet social engineers Gengrikh Yagoda and Lazar Kaganovich that resulted in the starvation of ten million Ukrainians and the ethnic cleansing of that country.
The US feeds the world for political reasons, and she still feeds Saudi Arabia. There is no reason she cannot feed her own people unless it is meant to cause political agitation.
This is what seems to be happening. Pork prices are not increasing because of a “pork shortage”, but because (a) pork contract prices are dropping and the drop in price means lower returns for investors, and more importantly, because pork (b) is a weapon we use against the Chinese since they rely on the US for food sustenance in the form of buying pork from American farmers.
It is true that farmers are having a hard time picking vegetables- something caused by the disruption to the patterns of necessary migrant workers who do the jobs that Americans do not or refuse to do and in so doing create value for themselves in their own nations while providing the US with cheap food. However, one cannot also eliminate the political element from this.
What is one looking at here? Is it acclimating the public to future food shortages? Will this just be a temporary disruption that will pass in a few years? Whatever happens, it is an excellent reminder to all people that the time to prepare was yesterday, that one should work as hard as one can today, and in making good decisions to be ready for the troubles that tomorrow may bring.
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shoebat--2020-04-27--Catholics Are Angry About Church Being Closed, But Not About Predator Priests Who Have Running Their

Catholics Are Angry About Church Being Closed, But Not About Predator Priests Who Have Running Their Masses For Decades

Catholics are upset about the Mass being put on hold because of the spread of coronavirus , but they have @ @ @ @ @ than in all decades in which predator priests have been running their masses :

By Theodore Shoebat
Catholics are upset about the Mass being put on hold because of the spread of coronavirus, but they have been more upset about this than in all decades in which predator priests have been running their masses:
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shoebat--2020-04-27--It’s Not Just Pork As COVID-19 Economic Disruptions Now Hit The Chicken Markets

For those who love all things chicken , one may want to pay close attention to the grocery store , as Business Insider reports that in light of COVID-19 and the ensuing interruptions to the supply chain , chicken is becoming harder to acquire amid plant shutdowns and even the mass culling of birds in the food supply .
A poultry processing plant in Delaware has made the “ difficult but necessary ” decision to kill two million chickens as worker shortages push the US meat supply chain towards a breaking point .
Delmarva Poultry Industry Inc. , a cooperative @ @ @ @ @ @ @ said it looked at all other options , “ including allowing another chicken company to transport and process the chickens and taking a partially processed product to rendering facilities to utilize for other animal feed , ” but ultimately decided on euthanization .
“ If no action were taken , the birds would outgrow the capacity of the chicken house to hold them , ” the company said , noting that the birds will be killed “ using approved , humane methods ” and farmers will still be compensated .
It ’ s @ @ @ @ @ @ @ chickens that Delmarva ’ s farmers raised in 2019 , but the interruption highlights a problem facing meat producers across the United States : meat slaughtering operations can only be so automated .
( source ) As a side note , I can say that from my own personal experience , this makes a lot of sense .
I know multiple chicken farmers personally and have even helped them as well .
These are not “ small timers ” , but farmers who raise about 100,000 birds at a time per farmer .
@ @ @ @ @ @ @ , many others ) who supply companies such as McDonalds and Wendys with food for their restaurants .
I can say as a fact from my work with them that they have not been receiving chicken shipments at all .
The last culling was about a month ago , and since then there have only been fuel deliveries with a few chick deliveries .
All else has been shut down production wise .
Now I say this as a side note because I do not want to substitute my personal experience as absolute @ @ @ @ @ @ @ say that my observations through my contacts align with this story .
2 million chickens is not a lot of chickens , since about a billion chickens are processed each year in the US alone .
However , it is not just the slaughter , but the perception in the decline of production as well as the fact that the houses are not being stocked at full capacity .
Chickens require a minimum of a three-month turnaround .
This is the general time it takes to process Cornish Cross Chickens ( the ones @ @ @ @ @ @ @ are mostly a cross between a Cornish Chicken and a White Rock Chicken ) from egg to store ( i.e .
on the roaster at Wal-Mart or in a burger sitting in the frozen section at the local grocery ) .
The decline in chicken orders will likely not take effect until around June , depending on processing times for bird culling .
From that point , it will be at least another three to six months before supply chains can be repaired by reviving production levels .
At this point , I @ @ @ @ @ @ @ buy some extra chicken .
You will need to freeze it .
Second , consider buying more beans and rice .
One does not need to live on meat , and it will get more expensive .
In addition , I would also suggest that one consider raising chicks .
They are very easy to raise , they provide great meat and eggs , and one can easily seclude them away from the public eye if need be .
They are also as not as noisy and smelly as one would think- the @ @ @ @ @ @ @ which you only need hens ) , and the latter comes from not cleaning their pen weekly .
Meat has always been a special thing because of scarcity throughout history , and perhaps we are returning more to a historical norm in the middle of what are currently , for the modern man , historically unprecedented times for him but not the history of the human race .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , @ @ @ @ @ @ @ news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

For those who love all things chicken, one may want to pay close attention to the grocery store, as Business Insider reports that in light of COVID-19 and the ensuing interruptions to the supply chain, chicken is becoming harder to acquire amid plant shutdowns and even the mass culling of birds in the food supply.
A poultry processing plant in Delaware has made the “difficult but necessary” decision to kill two million chickens as worker shortages push the US meat supply chain towards a breaking point. Delmarva Poultry Industry Inc., a cooperative that works with some 1,300 farmers, said it looked at all other options, “including allowing another chicken company to transport and process the chickens and taking a partially processed product to rendering facilities to utilize for other animal feed,” but ultimately decided on euthanization. “If no action were taken, the birds would outgrow the capacity of the chicken house to hold them,” the company said, noting that the birds will be killed “using approved, humane methods” and farmers will still be compensated. It’s a small percentage of the 609 million chickens that Delmarva’s farmers raised in 2019, but the interruption highlights a problem facing meat producers across the United States: meat slaughtering operations can only be so automated. (source)
As a side note, I can say that from my own personal experience, this makes a lot of sense.
I know multiple chicken farmers personally and have even helped them as well. These are not “small timers”, but farmers who raise about 100,000 birds at a time per farmer. These are the people (among many, many others) who supply companies such as McDonalds and Wendys with food for their restaurants.
I can say as a fact from my work with them that they have not been receiving chicken shipments at all. The last culling was about a month ago, and since then there have only been fuel deliveries with a few chick deliveries. All else has been shut down production wise.
Now I say this as a side note because I do not want to substitute my personal experience as absolute proof here. However, I can say that my observations through my contacts align with this story.
2 million chickens is not a lot of chickens, since about a billion chickens are processed each year in the US alone. However, it is not just the slaughter, but the perception in the decline of production as well as the fact that the houses are not being stocked at full capacity.
Chickens require a minimum of a three-month turnaround. This is the general time it takes to process Cornish Cross Chickens (the ones you find in the supermarkets, which are mostly a cross between a Cornish Chicken and a White Rock Chicken) from egg to store (i.e. on the roaster at Wal-Mart or in a burger sitting in the frozen section at the local grocery).
The decline in chicken orders will likely not take effect until around June, depending on processing times for bird culling. From that point, it will be at least another three to six months before supply chains can be repaired by reviving production levels.
At this point, I would suggest two things.
First, buy some extra chicken. You will need to freeze it.
Second, consider buying more beans and rice. One does not need to live on meat, and it will get more expensive.
In addition, I would also suggest that one consider raising chicks. They are very easy to raise, they provide great meat and eggs, and one can easily seclude them away from the public eye if need be. They are also as not as noisy and smelly as one would think- the former comes from having a rooster (which you only need hens), and the latter comes from not cleaning their pen weekly.
Meat has always been a special thing because of scarcity throughout history, and perhaps we are returning more to a historical norm in the middle of what are currently, for the modern man, historically unprecedented times for him but not the history of the human race.
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shoebat--2020-04-27--With 15% Of Pork Production Offline, Tyson Foods Warns Of A Food Shortage

Due to the spread of COVID-19 , meat productions has come off line in plants across the country .
However , with 15 % of pork production now shut down and potentially more meat shortages , it will be felt directly at the grocery stores as CNN reports with “ millions of pounds of meat ” about to disappear from the supply chain .
Tyson Foods ( TSN ) is warning that “ millions of pounds of meat ” will disappear from the supply chain as the coronavirus pandemic pushes food processing plants to close , leading to product shortages @ @ @ @ @ @ @ “ The food supply chain is breaking , ” wrote board chairman John Tyson in a full-page advertisement published Sunday in The New York Times , Washington Post and Arkansas Democrat-Gazette .
US farmers don ’ t have anywhere to sell their livestock , he said , adding that “ millions of animals — chickens , pigs and cattle — will be depopulated because of the closure of our processing facilities.
” “ There will be limited supply of our products available in grocery stores until we are able to reopen our facilities @ @ @ @ @ @ @ wrote .
Tyson Foods , which employs roughly 100,000 workers , closed its pork plants in Waterloo , Iowa , and Logansport , Indiana , last week so that workers in those facilities could be tested for the virus .
Pork processing plants have been hit especially hard , with three of the largest in the United States going offline indefinitely— Smithfield Foods in Sioux Falls , South Dakota ; JBS pork processing in Worthington , Minnesota ; and the Tyson plant in Waterloo , Iowa .
Together , the three plants account @ @ @ @ @ @ @ .
( source )

Due to the spread of COVID-19, meat productions has come off line in plants across the country. However, with 15% of pork production now shut down and potentially more meat shortages, it will be felt directly at the grocery stores as CNN reports with “millions of pounds of meat” about to disappear from the supply chain.
Tyson Foods (TSN) is warning that “millions of pounds of meat” will disappear from the supply chain as the coronavirus pandemic pushes food processing plants to close, leading to product shortages in grocery stores across the country.
“The food supply chain is breaking,” wrote board chairman John Tyson in a full-page advertisement published Sunday in The New York Times, Washington Post and Arkansas Democrat-Gazette.
US farmers don’t have anywhere to sell their livestock, he said, adding that “millions of animals — chickens, pigs and cattle — will be depopulated because of the closure of our processing facilities.”
“There will be limited supply of our products available in grocery stores until we are able to reopen our facilities that are currently closed,” Tyson wrote.
Tyson Foods, which employs roughly 100,000 workers, closed its pork plants in Waterloo, Iowa, and Logansport, Indiana, last week so that workers in those facilities could be tested for the virus.
…
Pork processing plants have been hit especially hard, with three of the largest in the United States going offline indefinitely— Smithfield Foods in Sioux Falls, South Dakota; JBS pork processing in Worthington, Minnesota; and the Tyson plant in Waterloo, Iowa. Together, the three plants account for approximately 15% of pork production. (source)


shoebat--2020-04-27--Demolition Derby Approaches With Wave Of Automobile Repossessions Incoming

In a demolition derby , lots of old cars usually are destroyed while overweight , poorly dressed , and Americans both of and within a questionable mental state ( often in both at the same time ) look on with amusement .
There is a kind of demolition about to take place , but this is of the automobile industry amid a rise in crushing loan debt , for with people out of work , Zero Hedge reports that there is an incoming wave of automobile repossessions at hand .
Credit Acceptance Corp. , the lender to car buyers with @ @ @ @ @ @ @ s seeing a sharp drop-off in payments as people shift their financial priorities to get through the coronavirus pandemic .
As unemployment soars , borrowers are putting off payments or “ reallocating resources , ” Credit Acceptance said in a regulatory filing Monday , explaining that it needs more time to publish a quarterly report .
New lending is also slowing as dealerships across the U.S. are forced to shutter their lots , the company said .
Ally Financial Inc. said on Monday that about 25 % of its auto-loan customers have taken @ @ @ @ @ @ @ The filing by Credit Acceptance shows some consumers already can ’ t keep up .
Meanwhile , loan applications have plunged as dealers have closed their lots .
( source ) If one remembers , up to the virus crisis , there were lots of “ bad credit – no credit – no problem ” auto institutions offering loans .
I warned for years on Shoebat.com , which you can read in the archives , that this is exactly what happened leading up to 2007 , and that what we saw was 2007 @ @ @ @ @ @ @ good to try to help poor people , but banks have never been about charity , but about profits even at the direct exploitation of one ’ s fellow man .
The fact is that auto loans , while sometimes necessary , are a good indicator of economic health because while never good , a loan from a borrower in good financial health usually means that things will be OK , but when loans are marketed to people who should not receive loans for the simple fact that they are in a high-risk @ @ @ @ @ @ @ bad sign and it will likely cause serious economic problems , not because the people are “ bad ” , but because they have no way to pay back that which they borrowed .
For years , bad debt with auto loans was issued , and the bad debts were structured into bonds promising high returns and ‘ security ’ but were actually high-risk bonds .
The entire situation was a blatant lie .
Now , years later in the future , the full effects of this are being revealed .
The loan @ @ @ @ @ @ @ going to go broke , and as they are unable to pay their auto loans , does one also not think they will not suffer with loans for housing or for college ?
The US economy has been built on a house of cards , and a strong wind gust from the virus is approaching it fast .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading @ @ @ @ @ @ @ perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

In a demolition derby, lots of old cars usually are destroyed while overweight, poorly dressed, and Americans both of and within a questionable mental state (often in both at the same time) look on with amusement. There is a kind of demolition about to take place, but this is of the automobile industry amid a rise in crushing loan debt, for with people out of work, Zero Hedge reports that there is an incoming wave of automobile repossessions at hand.
n a sign of upcoming trouble, Subprime Car Buyers Miss Loan Payments. Credit Acceptance Corp., the lender to car buyers with subprime credit scores, warned it’s seeing a sharp drop-off in payments as people shift their financial priorities to get through the coronavirus pandemic. As unemployment soars, borrowers are putting off payments or “reallocating resources,” Credit Acceptance said in a regulatory filing Monday, explaining that it needs more time to publish a quarterly report. New lending is also slowing as dealerships across the U.S. are forced to shutter their lots, the company said. Ally Financial Inc. said on Monday that about 25% of its auto-loan customers have taken advantage of its payment-
deferral program. The filing by Credit Acceptance shows some consumers already can’t keep up. Meanwhile, loan applications have plunged as dealers have closed their lots. (source)
If one remembers, up to the virus crisis, there were lots of “bad credit – no credit – no problem” auto institutions offering loans.
I warned for years on Shoebat.com, which you can read in the archives, that this is exactly what happened leading up to 2007, and that what we saw was 2007 preparing to repeat again.
It is good to try to help poor people, but banks have never been about charity, but about profits even at the direct exploitation of one’s fellow man.
The fact is that auto loans, while sometimes necessary, are a good indicator of economic health because while never good, a loan from a borrower in good financial health usually means that things will be OK, but when loans are marketed to people who should not receive loans for the simple fact that they are in a high-risk credit bloc, that is a very bad sign and it will likely cause serious economic problems, not because the people are “bad”, but because they have no way to pay back that which they borrowed.
For years, bad debt with auto loans was issued, and the bad debts were structured into bonds promising high returns and ‘security’ but were actually high-risk bonds. The entire situation was a blatant lie.
Now, years later in the future, the full effects of this are being revealed. The loan situation is a nightmare, people are going to go broke, and as they are unable to pay their auto loans, does one also not think they will not suffer with loans for housing or for college?
The US economy has been built on a house of cards, and a strong wind gust from the virus is approaching it fast.
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shoebat--2020-04-27--Famed Russian Orthodox Priest Declares That Russia Will Likely Go Extinct, Be Overrun By Muslims Bec

Famed Russian Orthodox Priest Declares That Russia Will Likely Go Extinct, Be Overrun By Muslims Because Russians Refuse To Reproduce

Russia is on the edge of collapse .
This is not something I say with delight , because I genuinely want the best for all countries- including both Russia and the United States -and I believe their best can be had both in ways that do not involve promoting evil ideas or deeds .
This does not mean that fights may happen , or disagreements shared , but there are more constructive ways to handle problems than through continual fighting .
Russia was severely enervated by the Bolsheviks after the First World War and has never recovered .
This is @ @ @ @ @ @ @ and social situation .
As I have noted , the Jamestown Institute suggests that Russia is in such a state of decline that natural circumstances only need to be furthered to their inevitable and approaching ends for Russia to potentially break up into a series of warring states .
One of the reasons why Russia is dying is because the Russians refuse to reproduce .
America is in a similar situation , but the difference is that while the US is in total ( all territories included ) just a little more than @ @ @ @ @ @ @ she has almost two-and-a-half times the population , and while both the “ white ” and “ black ” birthrates have declined , the Hispanic birthrate is stable and due to intermixing with both groups , has a much smaller overall population decline for the American nation .
Russia by comparison is losing a million people per year due to permanent migration and deaths at the same time of constant mass migration from Central Asia .
Central Asians tend to have stable and above-average birth rates , while the Slavic Russian birth rates @ @ @ @ @ @ @ mixtures between groups happening , even the forming a contemporary “ Eurasian ” face of Russia can not fix the population decline happening .
Fr .
Dmitry Smirnov , a well-known Russian Orthodox Priest , has commented on this as reported on by Komsomolskaya Pravda , saying that Russia is likely going to disappear in the form that most know her as .
Abortions may increase .
The father is sure that the birth rate will fall down , and the country will begin to die out .
– Here we need radical @ @ @ @ @ @ @ world establishment is also striving for this , to ensure that one billion remains , our country in this does not fall behind completely , but ahead of the rest .
In my opinion , only after Romania .
Well , now we ’ ll catch her .
Therefore , everything is in order in this sense .
This is the main paradigm of this century .
Where coronavirus , and homosexuality , and divorce fit in .
All these are twigs from one tree , – said Father KP .
Father believes @ @ @ @ @ @ @ .
– We now see a lot of people from Central Asia on the streets , they ride bicycles and deliver us food .
We just swap places with them .
It drives our future .
Young , healthy , strong .
Here they will replace us here , in this territory , – he noted .
“ But there are less than four percent of them.
” But they will survive .
Well , maybe there will be a ghetto .
Who will give them the opportunity to eat ?
Only Doshirak @ @ @ @ @ @ @ under such a scenario will shrink .
The church will shrink in scale .
( source ) As one who has spent a lot of time studying Russia , the mission opportunity here is tremendous .
A lot of Russians historically and unfortunately equivocate the Orthodox Church with nationalism for the Russian people .
This has never been so the case with the Catholic Church , for while having her problems with nationalism , can not be absolutely associated with a particular people and never has been .
Having spoken with various Catholic @ @ @ @ @ @ @ I have noted that many times , it is the Central Asian Moslem peoples who are far more open to the Gospel than many Orthodox are as it concerns reconciliation and the return to a full communion with the Catholic Church .
One can see this in Siberia .
Many of the people who are Catholic , barring the descendants of Germans , Poles , and Ukrainians deported to Siberia by the Bolsheviks , are converts from Muslim backgrounds , of particular note are the Tajik peoples ( from the country of Tajikistan @ @ @ @ @ @ @ opposing Islam , but the opposition to Islam I have never , ever believed should be an extension of a nationalistic struggle .
Rather , the struggle against Islam is a moral struggle for truth to bring people to Christ out of the deception that is all things Mohammedan .
While politics is not inherently bad , it is not the end of man or the purpose of opposing Islam , since all struggles against Islam must point to the Cross .
It is unlikely that the decline of Russia can be stopped @ @ @ @ @ @ @ her old Bolshevik ways even amid decline .
However , the increase in Moslem migrants to Russia presents a golden opportunity for evangelization , as many of the Moslems in Central Asia are very secularized and looking for truth .
All political empires and nations eventually end .
The Catholic Church is the only institution that has survived continually since the days of antiquity , and as she has been instituted by Christ Himself , is not going to go anywhere .
God is no respecter of any race , and the only @ @ @ @ @ @ @ who embraces His grace and mercy as a quality of the soul , and this transcends all identities and peoples across geography , history , and time .
Let us hope the best for both Russia and the United States , but also to remember that the work for souls is most important because that is all that matters in the eyes of God .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that @ @ @ @ @ @ @ between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

Russia is on the edge of collapse. This is not something I say with delight, because I genuinely want the best for all countries- including both Russia and the United States -and I believe their best can be had both in ways that do not involve promoting evil ideas or deeds. This does not mean that fights may happen, or disagreements shared, but there are more constructive ways to handle problems than through continual fighting.
Russia was severely enervated by the Bolsheviks after the First World War and has never recovered. This is evidenced by her demographic, economic, and social situation. As I have noted, the Jamestown Institute suggests that Russia is in such a state of decline that natural circumstances only need to be furthered to their inevitable and approaching ends for Russia to potentially break up into a series of warring states.
One of the reasons why Russia is dying is because the Russians refuse to reproduce. America is in a similar situation, but the difference is that while the US is in total (all territories included) just a little more than half of the size of Russia, she has almost two-and-a-half times the population, and while both the “white” and “black” birthrates have declined, the Hispanic birthrate is stable and due to intermixing with both groups, has a much smaller overall population decline for the American nation. Russia by comparison is losing a million people per year due to permanent migration and deaths at the same time of constant mass migration from Central Asia. Central Asians tend to have stable and above-average birth rates, while the Slavic Russian birth rates are non-existent, and with only small mixtures between groups happening, even the forming a contemporary “Eurasian” face of Russia cannot fix the population decline happening.
Fr. Dmitry Smirnov, a well-known Russian Orthodox Priest, has commented on this as reported on by Komsomolskaya Pravda, saying that Russia is likely going to disappear in the form that most know her as.
Abortions may increase. The father is sure that the birth rate will fall down, and the country will begin to die out. – Here we need radical, urgent measures. But since the world establishment is also striving for this, to ensure that one billion remains, our country in this does not fall behind completely, but ahead of the rest. In my opinion, only after Romania . Well, now we’ll catch her. Therefore, everything is in order in this sense. This is the main paradigm of this century. Where coronavirus, and homosexuality, and divorce fit in. All these are twigs from one tree, – said Father KP . Father believes that we will be replaced by migrants. – We now see a lot of people from Central Asia on the streets , they ride bicycles and deliver us food. We just swap places with them. It drives our future. Young, healthy, strong. Here they will replace us here, in this territory, – he noted. Father Dimitry believes that Orthodox large families will survive. “But there are less than four percent of them.” But they will survive. Well, maybe there will be a ghetto. Who will give them the opportunity to eat? Only Doshirak , nothing more. The Orthodox faith under such a scenario will shrink. The church will shrink in scale. (source)
As one who has spent a lot of time studying Russia, the mission opportunity here is tremendous.
A lot of Russians historically and unfortunately equivocate the Orthodox Church with nationalism for the Russian people. This has never been so the case with the Catholic Church, for while having her problems with nationalism, cannot be absolutely associated with a particular people and never has been.
Having spoken with various Catholic priests who have worked in Russia, I have noted that many times, it is the Central Asian Moslem peoples who are far more open to the Gospel than many Orthodox are as it concerns reconciliation and the return to a full communion with the Catholic Church.
One can see this in Siberia. Many of the people who are Catholic, barring the descendants of Germans, Poles, and Ukrainians deported to Siberia by the Bolsheviks, are converts from Muslim backgrounds, of particular note are the Tajik peoples (from the country of Tajikistan).
I have spent many years opposing Islam, but the opposition to Islam I have never, ever believed should be an extension of a nationalistic struggle. Rather, the struggle against Islam is a moral struggle for truth to bring people to Christ out of the deception that is all things Mohammedan. While politics is not inherently bad, it is not the end of man or the purpose of opposing Islam, since all struggles against Islam must point to the Cross.
It is unlikely that the decline of Russia can be stopped because the nation is turning back to her old Bolshevik ways even amid decline. However, the increase in Moslem migrants to Russia presents a golden opportunity for evangelization, as many of the Moslems in Central Asia are very secularized and looking for truth.
All political empires and nations eventually end. The Catholic Church is the only institution that has survived continually since the days of antiquity, and as she has been instituted by Christ Himself, is not going to go anywhere. God is no respecter of any race, and the only “master race” is the one who embraces His grace and mercy as a quality of the soul, and this transcends all identities and peoples across geography, history, and time.
Let us hope the best for both Russia and the United States, but also to remember that the work for souls is most important because that is all that matters in the eyes of God.
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shoebat--2020-04-27--Zimbabwe Information Minister Calls Chinese “Dog Eat[ers]” Tells Them ‘Eat Beef Instead’

Racism can be done by anybody in any place .
It is not limited to any one race .
This was evidenced in a statement by the Information Minister for the country of Zimbabwe , who called Chinese people “ dog eaters ” and said they should eat beef instead in a recent tweet .
A Zimbabwe Minister has sparked controversy after offering to export beef to China , because he wants the Chinese to stop eating “ dogs , cats , snakes , bats , monkeys , baboons and other wildlife ” .
Energy Mutodi who is a member @ @ @ @ @ @ @ the Deputy Minister of Information , Publicity and Broadcasting Services said that the consumption of wildlife in Asia and some parts of Africa is the reason why humans are contracting diseases such as the coronavirus ( Covid-19 ) and Ebola .
Mutodi then cheekily said that Zimbabwe was hoping to export huge amounts of beef to China , Indonesia and other Asian countries in an effort to stop this .
To buttress his point , the minister shared a video from Aljazeera News which showed a wet market in China where things like @ @ @ @ @ @ @ are being openly displayed for sale .
In the video , the World Health Organisation ( WHO ) is calling on Asian countries to institute stricter standards for safety and hygiene when the wet markets reopen .
( source )

Racism can be done by anybody in any place. It is not limited to any one race. This was evidenced in a statement by the Information Minister for the country of Zimbabwe, who called Chinese people “dog eaters” and said they should eat beef instead in a recent tweet.
A Zimbabwe Minister has sparked controversy after offering to export beef to China, because he wants the Chinese to stop eating “dogs, cats, snakes, bats, monkeys, baboons and other wildlife”.
Energy Mutodi who is a member of the ruling Zanu PF party and the Deputy Minister of Information, Publicity and Broadcasting Services said that the consumption of wildlife in Asia and some parts of Africa is the reason why humans are contracting diseases such as the coronavirus (Covid-19) and Ebola. Mutodi then cheekily said that Zimbabwe was hoping to export huge amounts of beef to China, Indonesia and other Asian countries in an effort to stop this.
To buttress his point, the minister shared a video from Aljazeera News which showed a wet market in China where things like snakes, dogs and some other wildlife are being openly displayed for sale. In the video, the World Health Organisation (WHO) is calling on Asian countries to institute stricter standards for safety and hygiene when the wet markets reopen. (source)


shoebat--2020-04-27--Russia Jails Man For Finding Mass Grave Of People Murdered By Stalin

America has committed a lot of crimes .
However , the United States for all of the lies that she has told , eventually admits to a lot of them .
For examples , the massacre of the Indians/Native Americans is well-known , but she does not hide it .
Instead , she discusses what happened openly , and says that it was bad .
The same can be said about things such as the mass enslavement of West Africans , the eugenics experiments of the 19th century on European immigrants/poor blacks/poor Appalachian whites , and other incidents .
This @ @ @ @ @ @ @ they happened , or that an admission makes up for a crime , but that it is a part of a social healing process .
Russia , as I have noted , is really good at bluffing , but awful at lying , and her insistence of covering up crimes and lying about them makes her look dishonest .
Instead of being honest , even if it is only for selfish reasons , she tries to hide what happened and deny it .
One of the worst examples of this behavior is trying @ @ @ @ @ @ @ As I have written about , Putin veritably worships ( in the literal sense ) Stalin and is modeling his “ revivial ” of Russia on Stalin and the USSR .
However , Putin is also following the worst of Stalin in violently silencing his critics- I speak of healthy discourse here and not attempts to intentionally cause revolution -and trying to re-write Russian history when it is very difficult to do so .
Right now , Russia has been attempting to dispute with Finland to such a point that she is making @ @ @ @ @ @ @ nation .
However many claims Russia may have about Finland , the fact is that Russia gravely abused Finns and many Russians near Finland , including the carrying out of mass executions .
According to a recent article in the New York Times , a Russian citizen was arrested and is being held on charges of pedophilia- something which he , his family , and friends viciously deny -because he found a mass grave from Stalin ’ s executions and the Russian government is trying to cover it up .
On that day @ @ @ @ @ @ @ , Mr. Dmitriev , an amateur but very determined historian , finally found the gruesome prize he had long been searching for — burial mounds containing the remains of political prisoners executed by Stalin ’ s secret police .
“ Everything started here , ” said Mr. Dmitriev ’ s 35-year-old daughter , Katerina Klodt , during a recent visit to the forest at Sandarmokh in Karelia , a peninsula in northern Russia .
“ My dad ’ s work has clearly made some people very uncomfortable.
” Mr. Dmitriev is now in @ @ @ @ @ @ @ family , friends and supporters dismiss as blatantly fabricated charges of pedophilia , an accusation that has frequently been used to discredit and silence voices the Russian authorities do not like .
An official in Karelia , Mr. Dmitriev ’ s home region next to Finland , complained last year that the jailed historian ’ s life work — the commemoration of Stalin ’ s victims at Sandarmokh forest — had created an “ unfounded sense of guilt ” and been used by “ foreign powers for propaganda against Russia.
” In pursuit @ @ @ @ @ @ @ s past , men in camouflage uniforms visited the same forest last summer to do their own digging , uncovering the remains of 16 corpses that they hope will prove that the killing at Sandarmokh was , at least in part , the work of foreigners , not just the Soviet secret police .
Ms. Klodt said she had no doubt about her father ’ s innocence and blamed his travails on his stubborn insistence that all victims be remembered , not just those killed by foreigners .
Sitting on a bench near @ @ @ @ @ @ @ commemorating a man from San Francisco executed in Stalin ’ s Great Terror , she pointed with disgust at a snow-covered hole dug by the Military Historical Society as part of its search for Russians killed by Finland .
“ I am so tired of this circus , ” she said .
“ I don ’ t understand what they are trying to prove.
” Anatoli Razumov , director of the Center for Recovered Names in St. Petersburg and co-author with Mr. Dmitriev of a book listing the names of more than 6,000 @ @ @ @ @ @ @ police in or near Sandarmokh , described the hunt for evidence of Finnish atrocities as part of a propaganda campaign by nationalists backed by the Russian state to create “ hybrid history.
” The aim , he said , is to muddy clear facts about Russia ’ s past by mixing them with nationalist tropes and wild conjecture designed to confuse and distort .
The same tactics , he added , are being used to muddle the history of Russia ’ s most infamous killing ground , Katyn Forest , where the Stalin @ @ @ @ @ @ @ , in 1940 executed more than 20,000 Polish military officers , clerics and intellectuals .
The Military Historical Society has been in the vanguard of an effort to rewrite this grim episode , too , reviving a discredited Soviet claim that Hitler ’ s army was at least partly to blame for the Katyn massacre .
( source ) Russia can lie , but in this case , the more she lies , the more obvious it becomes that she is lying blatantly and will make her look foolish .
Massacres happen , @ @ @ @ @ @ @ not justify them , but admitting them gives closure and allows one to move on from problems , not to have them fester indefinitely .
In the case of Russia , her pattern of historical denial and shutdown in cases such as this is not an asset , but a major liability that is being exploited against her .
Even her own people do not believe her , and if they do not trust her , how can they be expected to want to fight for a nation they do not believe in @ @ @ @ @ @ @ work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

America has committed a lot of crimes. However, the United States for all of the lies that she has told, eventually admits to a lot of them. For examples, the massacre of the Indians/Native Americans is well-known, but she does not hide it. Instead, she discusses what happened openly, and says that it was bad. The same can be said about things such as the mass enslavement of West Africans, the eugenics experiments of the 19th century on European immigrants/poor blacks/poor Appalachian whites, and other incidents. This does not mean that it is good they happened, or that an admission makes up for a crime, but that it is a part of a social healing process.
Russia, as I have noted, is really good at bluffing, but awful at lying, and her insistence of covering up crimes and lying about them makes her look dishonest. Instead of being honest, even if it is only for selfish reasons, she tries to hide what happened and deny it.
One of the worst examples of this behavior is trying to hide the massacres of Stalin. As I have written about, Putin veritably worships (in the literal sense) Stalin and is modeling his “revivial” of Russia on Stalin and the USSR. However, Putin is also following the worst of Stalin in violently silencing his critics- I speak of healthy discourse here and not attempts to intentionally cause revolution -and trying to re-write Russian history when it is very difficult to do so.
Right now, Russia has been attempting to dispute with Finland to such a point that she is making overtures about potentially invading the northern European nation. However many claims Russia may have about Finland, the fact is that Russia gravely abused Finns and many Russians near Finland, including the carrying out of mass executions. According to a recent article in the New York Times, a Russian citizen was arrested and is being held on charges of pedophilia- something which he, his family, and friends viciously deny -because he found a mass grave from Stalin’s executions and the Russian government is trying to cover it up.
On that day more than 20 years ago, however, Mr. Dmitriev, an amateur but very determined historian, finally found the gruesome prize he had long been searching for — burial mounds containing the remains of political prisoners executed by Stalin’s secret police. “Everything started here,” said Mr. Dmitriev’s 35-year-old daughter, Katerina Klodt, during a recent visit to the forest at Sandarmokh in Karelia, a peninsula in northern Russia. “My dad’s work has clearly made some people very uncomfortable.” Mr. Dmitriev is now in jail, awaiting trial on what his family, friends and supporters dismiss as blatantly fabricated charges of pedophilia, an accusation that has frequently been used to discredit and silence voices the Russian authorities do not like. An official in Karelia, Mr. Dmitriev’s home region next to Finland, complained last year that the jailed historian’s life work — the commemoration of Stalin’s victims at Sandarmokh forest — had created an “unfounded sense of guilt” and been used by “foreign powers for propaganda against Russia.” In pursuit of a guilt-free version of Russia’s past, men in camouflage uniforms visited the same forest last summer to do their own digging, uncovering the remains of 16 corpses that they hope will prove that the killing at Sandarmokh was, at least in part, the work of foreigners, not just the Soviet secret police. … Ms. Klodt said she had no doubt about her father’s innocence and blamed his travails on his stubborn insistence that all victims be remembered, not just those killed by foreigners. Sitting on a bench near a tree pinned with an American flag commemorating a man from San Francisco executed in Stalin’s Great Terror, she pointed with disgust at a snow-covered hole dug by the Military Historical Society as part of its search for Russians killed by Finland.
“I am so tired of this circus,” she said. “I don’t understand what they are trying to prove.” Anatoli Razumov, director of the Center for Recovered Names in St. Petersburg and co-author with Mr. Dmitriev of a book listing the names of more than 6,000 people killed by Stalin’s secret police in or near Sandarmokh, described the hunt for evidence of Finnish atrocities as part of a propaganda campaign by nationalists backed by the Russian state to create “hybrid history.” The aim, he said, is to muddy clear facts about Russia’s past by mixing them with nationalist tropes and wild conjecture designed to confuse and distort. The same tactics, he added, are being used to muddle the history of Russia’s most infamous killing ground, Katyn Forest, where the Stalin’s secret police, the N.K.V.D., in 1940 executed more than 20,000 Polish military officers, clerics and intellectuals. The Military Historical Society has been in the vanguard of an effort to rewrite this grim episode, too, reviving a discredited Soviet claim that Hitler’s army was at least partly to blame for the Katyn massacre. (source)
Russia can lie, but in this case, the more she lies, the more obvious it becomes that she is lying blatantly and will make her look foolish.
Massacres happen, especially in big empires. It does not justify them, but admitting them gives closure and allows one to move on from problems, not to have them fester indefinitely. In the case of Russia, her pattern of historical denial and shutdown in cases such as this is not an asset, but a major liability that is being exploited against her. Even her own people do not believe her, and if they do not trust her, how can they be expected to want to fight for a nation they do not believe in?
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shoebat--2020-04-28--Pelosi Declares Support For A Universal Basic Income

As more Americans struggle to pay basic bills , CNBC reports that famed Democrat politician Nancy Pelosi is using the crisis to promote the concept of a Universal Basic Income .
House Speaker Nancy Pelosi said Monday that Congress may need to consider a guaranteed minimum income for Americans as one way to meet people ’ s basic needs while the country remains paralyzed by the coronavirus pandemic .
“ Let ’ s see what works , what is operational and what needs attention , ” the California Democrat said in an interview with MSNBC .
“ Others have suggested @ @ @ @ @ @ @ for people .
Is that worthy of attention now ?
Perhaps so .
Because there are many more people than just in small business and hired by small business … that may need some assistance as well.
” The idea of a government-guaranteed minimum income has gained attention in the past year thanks largely to Andrew Yang , who ran in the 2020 Democratic presidential primary on a platform built around universal basic income .
Yang failed to win any delegates , but he built a devoted following and raised the issue of @ @ @ @ @ @ @ More recently , as the coronavirus pandemic has ravaged the U.S. economy and forced more than 25 million Americans to seek unemployment benefits , the idea of guaranteed income has reemerged as a possible way to stabilize the economy and help people meet their basic needs while millions of businesses are under forced closures .
( source ) I have been warning that at the very least , there will be another round of stimulus printing .
A universal basic income may exist in the future , but at the current time , @ @ @ @ @ @ @ the conditions exist .
If anything , there is a higher chance of a series of money printings until that point comes .
It does not matter whether or not a UBI happens , because from what I can tell , the fundamentals are still in place , and they are : -The US dollar is dying -Printing money solves nothing -There is a strong chance of hyperinflation -The debt is the reason why the currency is dying -The persons and companies who caused the death will not be prosecuted -The death is @ @ @ @ @ @ @ to rally support for war -There is nothing that the common man can do to stop it save to be prepared for the future .
At this point it is time to go into overdrive to prepare .
Prepare wisely , since these are but warning shots of the future that is to come .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines @ @ @ @ @ @ @ .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

As more Americans struggle to pay basic bills, CNBC reports that famed Democrat politician Nancy Pelosi is using the crisis to promote the concept of a Universal Basic Income.
House Speaker Nancy Pelosi said Monday that Congress may need to consider a guaranteed minimum income for Americans as one way to meet people’s basic needs while the country remains paralyzed by the coronavirus pandemic.
“Let’s see what works, what is operational and what needs attention,” the California Democrat said in an interview with MSNBC.
“Others have suggested a minimum income, a guaranteed income for people. Is that worthy of attention now? Perhaps so. Because there are many more people than just in small business and hired by small business … that may need some assistance as well.” The idea of a government-guaranteed minimum income has gained attention in the past year thanks largely to Andrew Yang, who ran in the 2020 Democratic presidential primary on a platform built around universal basic income. Yang failed to win any delegates, but he built a devoted following and raised the issue of UBI onto the national debate stage. More recently, as the coronavirus pandemic has ravaged the U.S. economy and forced more than 25 million Americans to seek unemployment benefits, the idea of guaranteed income has reemerged as a possible way to stabilize the economy and help people meet their basic needs while millions of businesses are under forced closures. (source)
I have been warning that at the very least, there will be another round of stimulus printing. A universal basic income may exist in the future, but at the current time, it will not be so far as the conditions exist. If anything, there is a higher chance of a series of money printings until that point comes.
It does not matter whether or not a UBI happens, because from what I can tell, the fundamentals are still in place, and they are:
-The US dollar is dying
-Printing money solves nothing
-There is a strong chance of hyperinflation
-The debt is the reason why the currency is dying
-The persons and companies who caused the death will not be prosecuted
-The death is inherently political and it will be used to rally support for war
-There is nothing that the common man can do to stop it save to be prepared for the future.
At this point it is time to go into overdrive to prepare.
Prepare wisely, since these are but warning shots of the future that is to come.
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