shoebat--2020-04-01--White House Projects Hundreds Of Thousands Of Deaths From COVID-19 Coronavirus

According to recent statements from the White House and communicated by AP News , the COVID-19 coronavirus may kill hundreds of thousands of Americans .
President Donald Trump on Tuesday warned Americans to brace for a “ rough two-week period ” ahead as the White House released new projections that there could be 100,000 to 240,000 deaths in the U.S. from the coronavirus pandemic even if current social distancing guidelines are maintained .
Public health officials stressed that the number could be less if people change their behavior .
“ We really believe we can do a lot better than @ @ @ @ @ @ @ , the coordinator of the White House coronavirus task force .
That would require all Americans to take seriously their role in preventing the spread of disease , she said .
Trump called American efforts to slow the spread of the coronavirus “ a matter of life and death ” and urged the public to heed his administration ’ s guidelines .
He predicted the country would soon see a “ light at the end of the tunnel ” in the pandemic that has killed more than 3,500 Americans and infected 170,000 more @ @ @ @ @ @ @ be prepared for the hard days that lie ahead , ” Trump said .
“ We ’ re going to go through a very tough two weeks.
” ( source ) This virus has already killed more people that 9/11 , and I say this in such a context because the effect is it having is that of another 9/11 .
It is seriously shaking up the political order and causing public anger to grow .
Much of the anger is being directed at China , who is being blamed for being “ @ @ @ @ @ @ @ calls it , the “ Chinese virus ” to ‘ kill Americans ’ because they are ‘ irresponsible ’ and ‘ Communists.
’ This is not to defend China or how the CCP has handled the matter , but to point out how the virus issue has become politicized significantly to the point of making it a cause under which to lobby for global conflict in the name of ‘ defending ’ one ’ s nation .
It does not matter at this point how the virus was able to reach the critical @ @ @ @ @ @ @ it got out .
Rather , all governments in every country are attempting now to use the virus to broaden their own powers indefinitely , and to justify conflict with each other .
Twenty years ago , the bogeyman was Moslems and 9/11 in a series of attacks that have continued to raise many questions about tied to high ranks within the military and Israel .
Now , twenty years later , the same actors are involved , except the actor being put forth to the world is China and a tiny virus @ @ @ @ @ @ @ of 9/11 was the US invasion of Afghanistan and Iraq .
What will the result of the virus be for American foreign policy , especially since not just thousands , but hundreds of thousands of deaths are estimated ?
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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 .
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According to recent statements from the White House and communicated by AP News, the COVID-19 coronavirus may kill hundreds of thousands of Americans.
President Donald Trump on Tuesday warned Americans to brace for a “rough two-week period” ahead as the White House released new projections that there could be 100,000 to 240,000 deaths in the U.S. from the coronavirus pandemic even if current social distancing guidelines are maintained. Public health officials stressed that the number could be less if people change their behavior. “We really believe we can do a lot better than that,” said Dr. Deborah Birx, the coordinator of the White House coronavirus task force. That would require all Americans to take seriously their role in preventing the spread of disease, she said. Trump called American efforts to slow the spread of the coronavirus “a matter of life and death” and urged the public to heed his administration’s guidelines. He predicted the country would soon see a “light at the end of the tunnel” in the pandemic that has killed more than 3,500 Americans and infected 170,000 more. “I want every American to be prepared for the hard days that lie ahead,” Trump said. “We’re going to go through a very tough two weeks.” (source)
This virus has already killed more people that 9/11, and I say this in such a context because the effect is it having is that of another 9/11. It is seriously shaking up the political order and causing public anger to grow.
Much of the anger is being directed at China, who is being blamed for being “irresponsible” for allowing, as Trump calls it, the “Chinese virus” to ‘kill Americans’ because they are ‘irresponsible’ and ‘Communists.’ This is not to defend China or how the CCP has handled the matter, but to point out how the virus issue has become politicized significantly to the point of making it a cause under which to lobby for global conflict in the name of ‘defending’ one’s nation.
It does not matter at this point how the virus was able to reach the critical mass that it has, or how it got out. Rather, all governments in every country are attempting now to use the virus to broaden their own powers indefinitely, and to justify conflict with each other.
Twenty years ago, the bogeyman was Moslems and 9/11 in a series of attacks that have continued to raise many questions about tied to high ranks within the military and Israel. Now, twenty years later, the same actors are involved, except the actor being put forth to the world is China and a tiny virus going around the world.
The result of 9/11 was the US invasion of Afghanistan and Iraq. What will the result of the virus be for American foreign policy, especially since not just thousands, but hundreds of thousands of deaths are estimated?
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shoebat--2020-04-01--Russia Orders People To Install Apps For Tracking By Police

According to France24 , Russia has wasted no time in rolling out her own surveillance system on the public , combining mobile apps and phones that can be tracked by police or agents of the government .
Moscow is rolling out a mobile phone app and scannable bar codes to check whether people are adhering to strict isolation rules during lockdown , an official said Wednesday .
The city authorities in the Russian capital have ordered Muscovites to stay at home and closed all non-essential businesses as part of measures to slow the spread of the coronavirus .
The app @ @ @ @ @ @ @ ensure self-discipline ” , said Eduard Lysenko , the head of Moscow city hall ’ s information technology department .
Users ’ personal data would remain secure , he added .
The technology is a test version designed to monitor coronavirus patients ordered to stay home , Lysenko told the Echo of Moscow radio station .
It would not be required for the rest of the capital ’ s 12 million residents , he added .
And in a separate initiative , Muscovites will have to apply for a QR code — a @ @ @ @ @ @ @ city officials online each time they want to leave their homes , Lysenko said .
Law enforcement officers will have powers to check people on the street for their authorisation barcode .
Currently , Muscovites are only allowed to leave their homes to walk their dogs , take out trash and visit their nearest shop or pharmacy .
The barcode system will be unveiled when local government approves the legislation , Lysenko said .
Moscow city authorities introduced a lockdown from Monday for all residents of the capital .
Parliament on Tuesday passed @ @ @ @ @ @ @ seven years in cases where breaking quarantine resulted in the deaths of two or more people .
Fines of up to 50,000 rubles ( $ 640 ) would also be imposed on people violating the isolation rules .
Announcing the lockdown last week , Moscow Mayor Sergei Sobyanin had said the new rules would ( source )

According to France24, Russia has wasted no time in rolling out her own surveillance system on the public, combining mobile apps and phones that can be tracked by police or agents of the government.
Moscow is rolling out a mobile phone app and scannable bar codes to check whether people are adhering to strict isolation rules during lockdown, an official said Wednesday. The city authorities in the Russian capital have ordered Muscovites to stay at home and closed all non-essential businesses as part of measures to slow the spread of the coronavirus. The app, due online Thursday, will “ensure self-discipline”, said Eduard Lysenko, the head of Moscow city hall’s information technology department. Users’ personal data would remain secure, he added. The technology is a test version designed to monitor coronavirus patients ordered to stay home, Lysenko told the Echo of Moscow radio station. It would not be required for the rest of the capital’s 12 million residents, he added. And in a separate initiative, Muscovites will have to apply for a QR code — a scannable barcode on their phone — from city officials online each time they want to leave their homes, Lysenko said. Law enforcement officers will have powers to check people on the street for their authorisation barcode. Currently, Muscovites are only allowed to leave their homes to walk their dogs, take out trash and visit their nearest shop or pharmacy. The barcode system will be unveiled when local government approves the legislation, Lysenko said. Prison time, fines for lockdown violations Moscow city authorities introduced a lockdown from Monday for all residents of the capital. Parliament on Tuesday passed legislation introducing prison sentences of up to seven years in cases where breaking quarantine resulted in the deaths of two or more people. Fines of up to 50,000 rubles ($640) would also be imposed on people violating the isolation rules. Announcing the lockdown last week, Moscow Mayor Sergei Sobyanin had said the new rules would (source)
These fines are very heavy. The average Russian salary is about $8000 USD, so they are about a month’s wage- maybe equal to a fine of $3000 to $5000 in the US.
But the bigger issue is not the fines. It is as before the virus as a means of control.
In China, there is a practical requirement that all people have smartphones, and that the smartphone is tied to the whole AI social network system of monitoring that tracks everything a person does for “social credit.”
Similar things appear to be coming into practice in the US, like in Russia, in the name of “tracking” people who have COVID-19.
This is a highly dangerous step, because COVID-19 is being provided as the legitimizing force in Russia just as it is in the US.
This is not limited to one area. It is all over the world.
While the Internet brought many freedoms, it also has bound the world together never closer than before, and as things are turning towards tyranny now, it may become that the very tool meant to free man and did for a long time will be used to enslave him in a way that is equally not yet seen before in history.
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shoebat--2020-04-01--Will Oil Prices Go Negative?

Will Oil Prices Go Negative?

It is said that oil runs the world because without oil , the major machines of industry would cease to operate .
However , what happens if the machine themselves are operating ?
What good is any commodity without a use that it can be applied to ?
This is something that the world is finding out as CNBC reports that oil prices may go negative- i.e .
it will cost more to produce oil than sell it because it will be so cheap , and this will have a major impact on oil producing nations .
“ Refineries in @ @ @ @ @ @ @ every barrel they process , or they have no place to store their output of oil products , ” Bjarne Schieldrop , chief commodities analyst at SEB , told CNBC via email this week .
He pointed out that when refineries shut down , many oil producers have nowhere to send their crude if the refinery is also part of the logistical chain to the market .
“ For land-based or land-locked oil producers , this means only one thing , ” Schieldrop continued .
“ The local oil price or well-head price @ @ @ @ @ @ @ or even negative , because if they have too much oil , they must pay someone to transport it away until they have managed to shut down their production.
” ( source ) Note the highlighted part .
This will affect landlocked or largely land-based oil transporters .
What is the biggest oil producer in the world , and who also happens to be land-based ?
For those who have read and are familiar with my articles , I have written extensively about Russia and her resources , and that her economy is @ @ @ @ @ @ @ military goods for third-world dictators and the export of raw materials , the largest of which is oil .
If it were not for oil , Russia would have collapsed a long time ago , and most of her income is derived from oil .
High oil prices are a great thing for Russia , and low is bad , because low prices means she can not earn money .
This is part of the reason for the US suppression of oil prices- it is not about Saudi Arabia , but about waging @ @ @ @ @ @ @ COVID-19 coronavirus is the ‘ gift that keeps on giving ’ , as it has enabled governmed an excuse to engage in all kinds of foolish behavior .
One of these behaviors is to further dramatically plans for war against each other .
The cessation of the US and world economic machine will hurt Americans and impoverish people , but it will have devastating effects on other nations , especially Russia .
If she can not get her oil from the various points in Siberia or the Volga basin ( which are her @ @ @ @ @ @ @ manner , she can not survive economically , and while Putin and his friends are very rich , most of Russia is suffering badly and on the edge of collapse .
The US economy will collapse likely too , but this is intended .
It will allow , after a brief period of chaos , the US to revive a new dollar , revive manufacturing , blame the problems on the Chinese , have an excuse to go to war , and attempt to reposition the dollar as the world ’ s reserve @ @ @ @ @ @ @ likely to come out so lucky in the even of any collapse , for given the strains of nationalism in her and the current problems , there is a strong chance that she could break up into a series of multiple states , with what is today “ Russia ” returning to her historical boundaries pre-16th century of being a nation largely isolated to the plains areas west of the Urals .
This is the “ decline of Russia ” project promoted by the Jamestown Institute , and if it was to happen @ @ @ @ @ @ @ American and European investment into the region .
This is not to say this one event would cause a collapse .
Rather , it would be a series of events , and what is happening now is simply a further attempt to weaken Russia as part of a larger plan in the steps toward global conflict .
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 @ @ @ @ @ @ @ 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

It is said that oil runs the world because without oil, the major machines of industry would cease to operate. However, what happens if the machine themselves are operating? What good is any commodity without a use that it can be applied to? This is something that the world is finding out as CNBC reports that oil prices may go negative- i.e. it will cost more to produce oil than sell it because it will be so cheap, and this will have a major impact on oil producing nations.
“Refineries in many places are now losing money for every barrel they process, or they have no place to store their output of oil products,” Bjarne Schieldrop, chief commodities analyst at SEB, told CNBC via email this week. He pointed out that when refineries shut down, many oil producers have nowhere to send their crude if the refinery is also part of the logistical chain to the market. “For land-based or land-locked oil producers, this means only one thing,” Schieldrop continued. “The local oil price or well-head price they receive very quickly goes to zero or even negative, because if they have too much oil, they must pay someone to transport it away until they have managed to shut down their production.” (source)
Note the highlighted part. This will affect landlocked or largely land-based oil transporters.
What is the biggest oil producer in the world, and who also happens to be land-based?
Russia.
For those who have read and are familiar with my articles, I have written extensively about Russia and her resources, and that her economy is non-existent save for the manufacture of cheap military goods for third-world dictators and the export of raw materials, the largest of which is oil. If it were not for oil, Russia would have collapsed a long time ago, and most of her income is derived from oil.
High oil prices are a great thing for Russia, and low is bad, because low prices means she cannot earn money. This is part of the reason for the US suppression of oil prices- it is not about Saudi Arabia, but about waging economic war against the Russians.
The COVID-19 coronavirus is the ‘gift that keeps on giving’, as it has enabled governmed an excuse to engage in all kinds of foolish behavior. One of these behaviors is to further dramatically plans for war against each other. The cessation of the US and world economic machine will hurt Americans and impoverish people, but it will have devastating effects on other nations, especially Russia. If she cannot get her oil from the various points in Siberia or the Volga basin (which are her main reserves) in a reasonably profitable manner, she cannot survive economically, and while Putin and his friends are very rich, most of Russia is suffering badly and on the edge of collapse.
The US economy will collapse likely too, but this is intended. It will allow, after a brief period of chaos, the US to revive a new dollar, revive manufacturing, blame the problems on the Chinese, have an excuse to go to war, and attempt to reposition the dollar as the world’s reserve currency again. Russia is not as likely to come out so lucky in the even of any collapse, for given the strains of nationalism in her and the current problems, there is a strong chance that she could break up into a series of multiple states, with what is today “Russia” returning to her historical boundaries pre-16th century of being a nation largely isolated to the plains areas west of the Urals. This is the “decline of Russia” project promoted by the Jamestown Institute, and if it was to happen, would bring about a flood of American and European investment into the region.
This is not to say this one event would cause a collapse. Rather, it would be a series of events, and what is happening now is simply a further attempt to weaken Russia as part of a larger plan in the steps toward global conflict.
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shoebat--2020-04-01--Donald Trump Is Wrong To Suggest Conspiracy Around Three Hundred Thousand Masks Being Sent To New Yo

Donald Trump Is Wrong To Suggest Conspiracy Around Three Hundred Thousand Masks Being Sent To New York City Hospital

I ’ ve noticed Trump fans online are latching on to Trump suggesting that some transgression is happening because hundreds of thousands of masks have been being produced for individual New York City hospitals .
Trump implied that something “ worse than hoarding ” was happening .
The reason why the numbers of masks went up from 10 to 20,000 a week for a hospital , to two to three hundred thousand is because hospital staff need to get a new mask after any time they were dealing with a coronavirus patient .
Masks aren ’ t being made in @ @ @ @ @ @ @ out the back door ” ( to use Trump ’ s own words ) .
Why would it be surprising that the numbers of masks being delivered have gone up so high in the middle of a pandemic ?
How is that a shocker , when health care workers across the country are demanding for more personal protective equipment ( PPE ) to handle this crises ?
Even Fanatics — a major manufacturer of official uniforms for Major League Baseball — has said that they are going to be making PPE for health @ @ @ @ @ @ @ that a hospital needs hundreds of thousands of masks for a week when a baseball uniform factory is now making masks ?
Because of the shortages of masks , medical staff have had to reuse the same masks by sanitizing them , hence why there is such a huge demand for masks .
Kenneth Raske , president of Greater New York Hospital Association , responded to Trump ’ s implication : “ New York ’ s health care workers are treating exploding numbers of COVID-19 patients around the clock —willingly and without complaint @ @ @ @ @ @ @ for in return is adequate amounts of personal protective equipment .
PPE is the single thing that separates them from being COVID-19 patients themselves.
” Kevin Lu , a graduating medical student in Michigan , also explained : Anecdotally , I ’ ve known countless [ health care workers ] who knew they were inadequately protected but bravely have chosen to continue doing their jobs because they are needed .
We are naked soldiers walking into a battlefield .
… When all workers became high risk of COVID interaction , some places moved @ @ @ @ @ @ @ and it ’ s your job not to lose it .
Now for some places it ’ s either you experiment with wash and reuse or you have no masks at all .
Lu detailed on how medics went from having one set of PPE per patient to moving to one mask per worker per shift .
“ Then we moved to only workers at high risk of COVID interaction get masks , ” Lu told Newsweek .
Lisa Miller , a physician and anesthesiologist in Seattle , Washington , one of hardest @ @ @ @ @ @ @ tweeted : “ Trump has now accused healthcare workers of stealing our own masks and PPE , hence the shortage .
Yes , Mr. Trump , we are rewearing masks that are only meant to be worn once because we want to make you look bad.
” Barry Schapiro , an orthopedic surgeon in Parkland , Florida , made an important point : “ Imagine… working gruelling hours , risking everything , treating the sickest patients you ’ ve seen in your entire career , coming home and quarantining in the guest room @ @ @ @ @ @ @ future…and then the president accuses you of being a thief .
“ When a hospital goes from a typical number of patients under respiratory isolation to every ICU bed and entire units in respiratory isolation , it ’ s easy to imagine an increased need of 10-50x .
Not understanding is one thing .
Accusing us of lying and stealing is quite another.
” Covid-19 patients are extremely contagious , and the virus spreads through aerosolized water droplets in a patient ’ s breath .
The CDC and other health experts say that @ @ @ @ @ @ @ coronavirus patient , medical personal should throw out their masks and PPE and wear a new mask and other PPE .
Normally , not all emergency room or intensive care patients would require such a constant change of equipment .
When you put this reality in perspective , its easy to see why a hospital would need so many masks .

By Theodore Shoebat
I’ve noticed Trump fans online are latching on to Trump suggesting that some transgression is happening because hundreds of thousands of masks have been being produced for individual New York City hospitals. Trump implied that something “worse than hoarding” was happening. The reason why the numbers of masks went up from 10 to 20,000 a week for a hospital, to two to three hundred thousand is because hospital staff need to get a new mask after any time they were dealing with a coronavirus patient. Masks aren’t being made in mass production because they are “going out the back door” (to use Trump’s own words). Why would it be surprising that the numbers of masks being delivered have gone up so high in the middle of a pandemic? How is that a shocker, when health care workers across the country are demanding for more personal protective equipment (PPE) to handle this crises? Even Fanatics — a major manufacturer of official uniforms for Major League Baseball — has said that they are going to be making PPE for health workers. Why is it a surprise that a hospital needs hundreds of thousands of masks for a week when a baseball uniform factory is now making masks?
Because of the shortages of masks, medical staff have had to reuse the same masks by sanitizing them, hence why there is such a huge demand for masks. Kenneth Raske, president of Greater New York Hospital Association, responded to Trump’s implication: “New York’s health care workers are treating exploding numbers of COVID-19 patients around the clock —willingly and without complaint. … The only thing they ask for in return is adequate amounts of personal protective equipment. PPE is the single thing that separates them from being COVID-19 patients themselves.” Kevin Lu, a graduating medical student in Michigan, also explained:
Anecdotally, I’ve known countless [health care workers] who knew they were inadequately protected but bravely have chosen to continue doing their jobs because they are needed. We are naked soldiers walking into a battlefield. … When all workers became high risk of COVID interaction, some places moved to you to get one mask permanently and it’s your job not to lose it. Now for some places it’s either you experiment with wash and reuse or you have no masks at all.
Lu detailed on how medics went from having one set of PPE per patient to moving to one mask per worker per shift. “Then we moved to only workers at high risk of COVID interaction get masks,” Lu told Newsweek. Lisa Miller, a physician and anesthesiologist in Seattle, Washington, one of hardest hit areas by the coronavirus outbreak, tweeted: “Trump has now accused healthcare workers of stealing our own masks and PPE, hence the shortage. Yes, Mr. Trump, we are rewearing masks that are only meant to be worn once because we want to make you look bad.”
Barry Schapiro, an orthopedic surgeon in Parkland, Florida, made an important point:
“Imagine… working gruelling hours, risking everything, treating the sickest patients you’ve seen in your entire career, coming home and quarantining in the guest room isolated from your family for the foreseeable future…and then the president accuses you of being a thief. “When a hospital goes from a typical number of patients under respiratory isolation to every ICU bed and entire units in respiratory isolation, it’s easy to imagine an increased need of 10-50x. Not understanding is one thing. Accusing us of lying and stealing is quite another.”
Covid-19 patients are extremely contagious, and the virus spreads through aerosolized water droplets in a patient’s breath. The CDC and other health experts say that for every single interaction with a suspected coronavirus patient, medical personal should throw out their masks and PPE and wear a new mask and other PPE. Normally, not all emergency room or intensive care patients would require such a constant change of equipment. When you put this reality in perspective, its easy to see why a hospital would need so many masks.
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shoebat--2020-04-01--In Russia, People Are Getting Fined For Posting Stories On Social Media About People Dying From Coro

In Russia, People Are Getting Fined For Posting Stories On Social Media About People Dying From Coronavirus

In Russia the official narrative is that nobody has died of coronavirus .
But there are people in Russia who argue otherwise , saying that there have been indeed deaths from covid-19 in the country .
But now the Russian government is fining citizens for posting stories about coronavirus related deaths in Russia , as we read in a report from the AP : Two weeks ago , an opposition-leaning radio station in Russia interviewed political analyst Valery Solovei , who alleged the government was lying when it said no one had died in the country from the coronavirus .
@ @ @ @ @ @ @ least 1,600 people might have died since mid-January .
Russia ’ s media and internet watchdog , Roscomnadzor , quickly pressured the station to delete the interview from its website .
The demand was part of a widespread government campaign against what authorities called “ fake news ” about the pandemic .
On Tuesday , Russian lawmakers began putting some teeth behind the campaign , approving fines of up to $ 25,000 and prison terms of up to five years for anyone who spreads what is deemed to be false information .
Media @ @ @ @ @ @ @ 127,000 if they disseminate disinformation about the outbreak .
A 32-year-old woman was fined $ 380 — a significant sum in a country with an average monthly salary of about $ 550 — for posting on social media something she heard on a bus about the virus in her region .
A 26-year-old man was fined a similar amount for a comment he made under a news report claiming a woman died of the virus in a hospital .
Another woman faces a fine of about $ 380- $ 1,200 for posting about @ @ @ @ @ @ @ infections were officially reported .
Asked whether the punishments fit these crimes , Kremlin spokesman Dmitry Peskov said they were “ absolutely justified .
”

In Russia the official narrative is that nobody has died of coronavirus. But there are people in Russia who argue otherwise, saying that there have been indeed deaths from covid-19 in the country. But now the Russian government is fining citizens for posting stories about coronavirus related deaths in Russia, as we read in a report from the AP:
Two weeks ago, an opposition-leaning radio station in Russia interviewed political analyst Valery Solovei, who alleged the government was lying when it said no one had died in the country from the coronavirus.
Solovei told radio station Echo Moskvy at least 1,600 people might have died since mid-January. Russia’s media and internet watchdog, Roscomnadzor, quickly pressured the station to delete the interview from its website.
The demand was part of a widespread government campaign against what authorities called “fake news” about the pandemic.
On Tuesday, Russian lawmakers began putting some teeth behind the campaign, approving fines of up to $25,000 and prison terms of up to five years for anyone who spreads what is deemed to be false information. Media outlets will be fined up to $127,000 if they disseminate disinformation about the outbreak.
…
A 32-year-old woman was fined $380 — a significant sum in a country with an average monthly salary of about $550 — for posting on social media something she heard on a bus about the virus in her region. A 26-year-old man was fined a similar amount for a comment he made under a news report claiming a woman died of the virus in a hospital. Another woman faces a fine of about $380-$1,200 for posting about virus cases in her region where no infections were officially reported.
Asked whether the punishments fit these crimes, Kremlin spokesman Dmitry Peskov said they were “absolutely justified.”


shoebat--2020-04-01--It’s Not Merely the Virus- A Crash Was Inevitable

Since 2018 , I warned that in no more than five years , there would be a major market crash based upon economic fundamentals and patterns of historical behavior leading up to a crash .
The virus has expedited this , but according to Bloomberg by way of MSN Money , a crash was inevitable and the virus just expedited what was already in progress .
The novel coronavirus has already had a significant impact on the global economy , which will worsen if the outbreak and the shutdowns designed to contain it continue for very long .
But it @ @ @ @ @ @ @ not Covid-19 , as the disease caused by the virus is known , something else would have started the conflagration .
Shortfalls in revenue and cash flows , caused by the shutdowns , have simply exposed the vulnerabilities of a structurally unsound economic and financial system .
A fall in revenue is problematic but manageable without debt .
Unfortunately , in the aftermath of the 2008 crash , debt levels were increased rather than reduced , encouraged in part by low policy rates and the abundant liquidity engineered by central banks globally .
@ @ @ @ @ @ @ rose from around 250 % in 2007 to 325 % in 2019 .
Current debt levels are triple what they were in 1999 .
Businesses and households , with declining or no income and high levels of borrowing , now face an existential struggle to meet large financial commitments .
( source ) The crash happened earlier than expected because of the virus , but it fundamentally does not matter that it was earlier , but that it happened as it did .
What matters now is how one deals with the fallout @ @ @ @ @ @ @ to say what I have said before .
If you can work , do as many hours as possible , provided you are being able to be safe and secure .
Likewise , try to find a second job so long as the above conditions are met .
A lot of people will be out of work or looking for work .
Things are going to get very hard and fast .
If one does not take action now , one might find oneself in a rushing torrent of water and forced to @ @ @ @ @ @ @ and or a paddle for one ’ s boat .
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 TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

Since 2018, I warned that in no more than five years, there would be a major market crash based upon economic fundamentals and patterns of historical behavior leading up to a crash. The virus has expedited this, but according to Bloomberg by way of MSN Money, a crash was inevitable and the virus just expedited what was already in progress.
The novel coronavirus has already had a significant impact on the global economy, which will worsen if the outbreak and the shutdowns designed to contain it continue for very long. But it’s only an accelerant: If not Covid-19, as the disease caused by the virus is known, something else would have started the conflagration. Shortfalls in revenue and cash flows, caused by the shutdowns, have simply exposed the vulnerabilities of a structurally unsound economic and financial system. A fall in revenue is problematic but manageable without debt. Unfortunately, in the aftermath of the 2008 crash, debt levels were increased rather than reduced, encouraged in part by low policy rates and the abundant liquidity engineered by central banks globally. Global debt as a percentage of GDP rose from around 250% in 2007 to 325% in 2019. Current debt levels are triple what they were in 1999. Businesses and households, with declining or no income and high levels of borrowing, now face an existential struggle to meet large financial commitments. (source)
The crash happened earlier than expected because of the virus, but it fundamentally does not matter that it was earlier, but that it happened as it did. What matters now is how one deals with the fallout from the events.
I am going to say what I have said before. If you can work, do as many hours as possible, provided you are being able to be safe and secure. Likewise, try to find a second job so long as the above conditions are met.
A lot of people will be out of work or looking for work. Things are going to get very hard and fast. If one does not take action now, one might find oneself in a rushing torrent of water and forced to swim but lacking both a life jacket and or a paddle for one’s boat.
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shoebat--2020-04-01--Mike Pence Affirms That The United States Will Be Like Italy In Coronavirus Outbreak

While so many Americans are optimistic that the coronavirus crises is soon coming to an end , Vice President Mike Pence has said that the US is heading down the same road of Italy — currently the most severely hit by Covid-19 in Europe — when it comes to the coronavirus outbreak .
People who are optimistic because they think that ‘ Trump is going to take care of it ’ and that ‘ the media is blowing this out of proportion to attack Trump ’ , now have to listen to Mike Pence and ( I guess ) call @ @ @ @ @ @ @ As we read in a report from the AP : Vice President Mike Pence says the White House ’ s models for the coronavirus outbreak show the country on a trajectory akin to hard-hit Italy .
Speaking to CNN , Pence says , “ We think Italy may be the most comparable area to the United States at this point.
” Pence was referencing the prediction models unveiled by the White House on Tuesday that project 100,000 to 240,000 U.S. deaths in the coronavirus pandemic .
Those figures assume that the country maintains @ @ @ @ @ @ @ the public health crisis .
Italy ’ s health system was stretched beyond capacity weeks ago leading to soaring death tolls .
U.S. governors and local officials have warned their states need urgent federal help to avoid a similar fate .

By Theodore Shoebat
While so many Americans are optimistic that the coronavirus crises is soon coming to an end, Vice President Mike Pence has said that the US is heading down the same road of Italy — currently the most severely hit by Covid-19 in Europe — when it comes to the coronavirus outbreak. People who are optimistic because they think that ‘Trump is going to take care of it’ and that ‘the media is blowing this out of proportion to attack Trump’, now have to listen to Mike Pence and (I guess) call him ‘fake news’ now. As we read in a report from the AP:
Vice President Mike Pence says the White House’s models for the coronavirus outbreak show the country on a trajectory akin to hard-hit Italy.
Speaking to CNN, Pence says, “We think Italy may be the most comparable area to the United States at this point.”
Pence was referencing the prediction models unveiled by the White House on Tuesday that project 100,000 to 240,000 U.S. deaths in the coronavirus pandemic. Those figures assume that the country maintains rigorous social-distancing practices for the duration of the public health crisis.
Italy’s health system was stretched beyond capacity weeks ago leading to soaring death tolls. U.S. governors and local officials have warned their states need urgent federal help to avoid a similar fate.


shoebat--2020-04-01--Rent Is Due, But Who Can Pay The Bills?

Rent Is Due, But Who Can Pay The Bills?

The economic devastation of the COVID-19 coronavirus situation has placed many people out of work and unable to earn money to pay for basic needs such as food and rent .
Since many Americans have no savings and are strapped with debt due to the nature of the economic system , it is difficult for them to pay their bills .
This situation existed before the virus , which has only forced the present situation to be worse .
Now that it is April first and rent is due , AFP reports by way of Yahoo !
News that for @ @ @ @ @ @ @ their rent and other related bills , as well as many businesses .
From Nike to Cheesecake Factory , businesses large and small are saying they will either pay only half of their rents or default .
On April 1 , “ we won ’ t be able to pay any of those bills , ” said Joe Toto , owner of Groove Events , a Boston-based event planning company .
In 30 years , “ this is the first time anything like this has ever happened.
” Business has come to a @ @ @ @ @ @ @ in , he may have to lay off all of his employees , he told AFP .
“ There is no business , so there is no money , ” Toto lamented .
With so much uncertainty about when life might return to normal , “ nobody is yet ready to start to book an event , even , say , July or August or September , ” he said .
( source ) It is true that for those ready to work hard , there are often solutions to many problems .
@ @ @ @ @ @ @ that even if one was to get another job- which even in spite of the hiring boom taking place right now -most of they do not pay very much money .
Thus , one may want to work , but if one does get one of these jobs , one will not be able to pay one ’ s bills , and it becomes more profitable to collect unemployment simply in order to survive while one looks for a better paying job .
But an even bigger problem people face is one involving @ @ @ @ @ @ @ the virus going around , does one really want to expose oneself to the virus at a job for $ 9-12 per hour ?
Is one ’ s health and the potential for death work such a low-paying job ?
I ’ m not saying don ’ t work , or that work is bad .
What I am saying is that given the pay rates , environmental consequences , and effects of taking such a job , the risks and efforts often times are a poor or potentially life-threatening investment .
Hard @ @ @ @ @ @ @ one does not work smart , one may end up dead .
When one adds in these reasons , we now have millions of people out of work , losing their jobs , unable to make money , and what money they can make is either low or can only be earned in a dangerous way .
A similar problem faces businesses and landlords , as the entire interlinked nature of the economic system and its health is at risk .
Will the common man be forced to pay rent ?
What about @ @ @ @ @ @ @ , will they be displaced to the streets ?
The next month will be very interesting for the country as a whole .
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 @ @ @ @ @ @ @ OUR NEW SHOEBAT FACEBOOK PAGE

The economic devastation of the COVID-19 coronavirus situation has placed many people out of work and unable to earn money to pay for basic needs such as food and rent. Since many Americans have no savings and are strapped with debt due to the nature of the economic system, it is difficult for them to pay their bills. This situation existed before the virus, which has only forced the present situation to be worse. Now that it is April first and rent is due, AFP reports by way of Yahoo! News that for many Americans, they cannot pay their rent and other related bills, as well as many businesses.
From Nike to Cheesecake Factory, businesses large and small are saying they will either pay only half of their rents or default. On April 1, “we won’t be able to pay any of those bills,” said Joe Toto, owner of Groove Events, a Boston-based event planning company. In 30 years, “this is the first time anything like this has ever happened.” Business has come to a complete standstill and with no money coming in, he may have to lay off all of his employees, he told AFP. “There is no business, so there is no money,” Toto lamented. With so much uncertainty about when life might return to normal, “nobody is yet ready to start to book an event, even, say, July or August or September,” he said. (source)
It is true that for those ready to work hard, there are often solutions to many problems. However, the fact for most is that even if one was to get another job- which even in spite of the hiring boom taking place right now -most of they do not pay very much money. Thus, one may want to work, but if one does get one of these jobs, one will not be able to pay one’s bills, and it becomes more profitable to collect unemployment simply in order to survive while one looks for a better paying job.
But an even bigger problem people face is one involving health and safety. Since there is the virus going around, does one really want to expose oneself to the virus at a job for $9-12 per hour? Is one’s health and the potential for death work such a low-paying job?
I’m not saying don’t work, or that work is bad. What I am saying is that given the pay rates, environmental consequences, and effects of taking such a job, the risks and efforts often times are a poor or potentially life-threatening investment.
Hard work is always good, but if one does not work smart, one may end up dead.
When one adds in these reasons, we now have millions of people out of work, losing their jobs, unable to make money, and what money they can make is either low or can only be earned in a dangerous way. A similar problem faces businesses and landlords, as the entire interlinked nature of the economic system and its health is at risk.
Will the common man be forced to pay rent? What about businesses? If they cannot pay, will they be displaced to the streets?
The next month will be very interesting for the country as a whole.
Prepare wisely.
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shoebat--2020-04-02--Conservatives Want To Kill Boomers And The Elderly To Keep The Economy Up

Every Five Minutes A Christian Is Killed For The Faith , Click Here To Save Christian Lives

The Catholic Church Defends Murderers And Pedophiles And Is On The Road To Hell
The institution has become evil:...


shoebat--2020-04-02--The Right-wing Wants You To Die Of Coronavirus

The same people who wanted you to die in Iraq are now telling us to die for the economy : @ @ @ @ @ the work of this site .
When you donate , you are not donating to @ @ @ @ @ but one that is endlessly observing the news , reading between the lines and separating @ @ @ @ @ .
In shoebat.com , we are working every day , tirelessly investigating global trends and @ @ @ @ @ tell you what lies for the future .

Pakistani Government Signs Law That Would Put People In Prison For Life For "Blaspheming" Muhammad The government of Pakistan just signed a law that could...


shoebat--2020-04-02--Labor Market Slaughterhouse As Ten Million File For Unemployment In Two Weeks

According to the Labor Department , unemployment is defined by persons receiving unemployment checks from the government , not those who have ‘ fallen off ’ of the workforce .
In the last two weeks due to the COVID-19 coronavirus effects , Bloomberg reports by way of Zero Hedge that ten million people have filed for unemployment claims .
After last week ’ s unprecedented 3.3 million surge in initial jobless claims , this week ’ s is even more unprecedented-er , adding a stunning 6.648 million ( just 100k away from our estimate of 6.5million ) for a two-week @ @ @ @ @ @ @ unemployment benefits .
“ The U.S. labor market is in free-fall , ” said Gregory Daco , chief U.S. economist at Oxford Economics in New York .
“ The prospect of more stringent lockdown measures and the fact that many states have not yet been able to process the full amount of jobless claim applications suggest the worst is still to come.
” And another important note is that weekly jobless claims data are based on “ hard facts ” , UBS points out , unlike survey data which is subject to quirks @ @ @ @ @ @ @ treatment of supply chains , which has flattered data , b ) the fact that many respondents will not be replying to surveys during the virus disruption period , and c ) survey data will give more accurate assessments during ‘ normal ’ times , perhaps not as much in unusual times .
( source ) These numbers are terrible for the country , because a lot of people out of work means that people can not live as normal , and if they can not live as normal , they have to @ @ @ @ @ @ @ to reduce expenses , it will force not a mere natural economic contraction , but a violent one that bears the semblance to a collapse of the current paradigm , since that is what is happening .
If you have a job , be very thankful , especially if it is one that keeps one away from this virus .
Things are going to get very hard in this country .
It will not be the same again here .
If you do not have a job , start looking immediately because it @ @ @ @ @ @ @ .
Take care of your families , and if you are able to , work as a team to earn money and care for your needs .
This is going to be one of the most effective ways to weather the 2020 , which are going to be a horrendous period of economic instability that will cause people to seek out a savior , and when that person appears , one should not sit back and embrace him , but run as fast as possible , for this person will likely be the @ @ @ @ @ @ @ war .
A century ago , those men were Adolph Hitler and the Politburo members of Lenin and Stalin .
The new Hitler , Lenin , and Stalin most likely walk among us today .
Beware of them , for if history is a lesson from the past to the future , the tools that exist today are things that one could dream of in ages past to do more effectively the same evils .
One saw what happened in World War II .
One can wonder what World War III will look @ @ @ @ @ @ @ 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

According to the Labor Department, unemployment is defined by persons receiving unemployment checks from the government, not those who have ‘fallen off’ of the workforce. In the last two weeks due to the COVID-19 coronavirus effects, Bloomberg reports by way of Zero Hedge that ten million people have filed for unemployment claims.
After last week’s unprecedented 3.3 million surge in initial jobless claims, this week’s is even more unprecedented-er, adding a stunning 6.648 million (just 100k away from our estimate of 6.5million) for a two-week sum of 10 million new Americans claiming unemployment benefits. … “The U.S. labor market is in free-fall,” said Gregory Daco, chief U.S. economist at Oxford Economics in New York. “The prospect of more stringent lockdown measures and the fact that many states have not yet been able to process the full amount of jobless claim applications suggest the worst is still to come.” And another important note is that weekly jobless claims data are based on “hard facts”, UBS points out, unlike survey data
which is subject to quirks around: a) some of the treatment of supply chains, which has flattered data, b) the fact that many respondents will not be replying to surveys during the virus disruption period, and c) survey data will give more accurate assessments during ‘normal’ times, perhaps not as much in unusual times. (source)
These numbers are terrible for the country, because a lot of people out of work means that people cannot live as normal, and if they cannot live as normal, they have to reduce expenses, and if they have to reduce expenses, it will force not a mere natural economic contraction, but a violent one that bears the semblance to a collapse of the current paradigm, since that is what is happening.
If you have a job, be very thankful, especially if it is one that keeps one away from this virus.
Things are going to get very hard in this country. It will not be the same again here.
If you do not have a job, start looking immediately because it will become very hard to find one.
Take care of your families, and if you are able to, work as a team to earn money and care for your needs. This is going to be one of the most effective ways to weather the 2020, which are going to be a horrendous period of economic instability that will cause people to seek out a savior, and when that person appears, one should not sit back and embrace him, but run as fast as possible, for this person will likely be the one who will lead the world to war.
A century ago, those men were Adolph Hitler and the Politburo members of Lenin and Stalin.
The new Hitler, Lenin, and Stalin most likely walk among us today. Beware of them, for if history is a lesson from the past to the future, the tools that exist today are things that one could dream of in ages past to do more effectively the same evils.
One saw what happened in World War II. One can wonder what World War III will look like…
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shoebat--2020-04-02--“Social Credit” Comes To Europe In The Form Of Coronavirus Monitoring

I warned about how Russia has began monitoring citizens using phone apps in a way similar to China ’ s “ social credit ” system , and that the same would come to the US and Europe .
In a story out of Thompson Reuters , this is already happening as a new smartphone-based monitoring system for COVID-19 patients is about to be unveiled .
A group of European experts said on Wednesday they would soon launch technology for smartphones to help trace people who had come into contact with those infected with coronavirus , helping the health authorities act @ @ @ @ @ @ @ initiative involves gathering data via smartphones to show who a person with the virus had come in close contact with , so that those people at risk could then be contacted .
The ability to track down those at risk of infection more accurately could help avoid having to ‘ lock down ’ entire societies , with the resulting hugely damaging economic impact .
The European initiative , called Pan-European Privacy Preserving Proximity Tracing ( PEPP-PT https : //www.pepp-pt.org ) , follows the successful use of smartphones in some Asian countries to track @ @ @ @ @ @ @ quarantine orders , although their methods would have violated strict EU data protection rules .
PEPP-PT , which brings together 130 researchers from eight countries , aims to issue a licensed technology platform by April 7 , the basis for contact-tracing applications , with roll-out of the first apps a week or so after that .
“ You are talking about a very short space of time , ” said Hans-Christian Boos , founder of German technology firm Arago and a member of the German government ’ s digital advisory council .
( @ @

I warned about how Russia has began monitoring citizens using phone apps in a way similar to China’s “social credit” system, and that the same would come to the US and Europe. In a story out of Thompson Reuters, this is already happening as a new smartphone-based monitoring system for COVID-19 patients is about to be unveiled.
A group of European experts said on Wednesday they would soon launch technology for smartphones to help trace people who had come into contact with those infected with coronavirus, helping the health authorities act swiftly to halt its spread.
The initiative involves gathering data via smartphones to show who a person with the virus had come in close contact with, so that those people at risk could then be contacted.
The ability to track down those at risk of infection more accurately could help avoid having to ‘lock down’ entire societies, with the resulting hugely damaging economic impact.
The European initiative, called Pan-European Privacy Preserving Proximity Tracing (PEPP-PT https://www.pepp-pt.org), follows the successful use of smartphones in some Asian countries to track the spread of the virus and enforce quarantine orders, although their methods would have violated strict EU data protection rules.
PEPP-PT, which brings together 130 researchers from eight countries, aims to issue a licensed technology platform by April 7, the basis for contact-tracing applications, with roll-out of the first apps a week or so after that.
“You are talking about a very short space of time,” said Hans-Christian Boos, founder of German technology firm Arago and a member of the German government’s digital advisory council. (source)


shoebat--2020-04-02--FDA Relaxes Standards On Blood Donations From Sodomites

In response to the COVID-19 coronavirus pandemic , it has been reported by Reuters news that the FDA has relaxed its standards on blood donations , allowing sodomites to donate blood .
The United States eased its policy on gay and bisexual men donating blood on Thursday due to rising concerns about blood supplies during the coronavirus crisis .
The Food and Drug Administration ( FDA ) , a federal agency of the United States Department of Health and Human Services , said it was reducing a 12-month ban on men who have had sex with men to three months @ @ @ @ @ @ @ without prior public comment because the FDA has determined that prior public participation for this guidance is not feasible or appropriate , ” the FDA said in a statement .
( source ) Watch for the next major incoming scandal in the future , which may be a rise in HIV cases related to infected blood .
Many sodomites who have HIV call themselves “ HIV free ” because the count of HIV in their blood is said to be so low that it is undetectable .
This dose not necessarily mean that @ @ @ @ @ @ @ just that it can not be detected .
Think about this for a minute .
Would one want to drink from a glass where there was poison in it that will kill a man , but the person says “ do not worry , the poison levels are so low they are undetectable.
” Would you really drink that ?
I wouldn ’ t because it would be insane , and a person who told somebody to drink it is guilty of attempted and premeditated murder because he knew that the drink was @ @ @ @ @ @ @ donations from sodomites who are “ HIV free ” because their counts are “ undetectable.
” This does not include all of the other diseases that sodomites have because of their lifestyle such as hepatitis , herpes , syphilis , gonorrhea , and others that are deadly .
It also ignores the history of extensive drug use that many sodomites have that contribute to health problems .
People are afraid of getting sick from the COVID-19 coronavirus , but what good is a cure if it could potentially affect or kill a man @ @ @ @ @ @ @ ?
This is not ‘ helpin ’ with the virus situation .
Rather , it is causing the spread of further diseases that in a few months to a year will be noted and the same persons involved in promoting this act of blood donation that caused it will make a ‘ surprised ’ statement to the public saying to the extent of ‘ mistakes were made , we don ’ t know what caused this but we ’ ll figure it out ’ when they either are too ignorant and blinded by @ @ @ @ @ @ @ or are so evil that they revel in the suffering of others .
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 TO FOLLOW OUR NEW SHOEBAT @ @

In response to the COVID-19 coronavirus pandemic, it has been reported by Reuters news that the FDA has relaxed its standards on blood donations, allowing sodomites to donate blood.
The United States eased its policy on gay and bisexual men donating blood on Thursday due to rising concerns about blood supplies during the coronavirus crisis. The Food and Drug Administration (FDA), a federal agency of the United States Department of Health and Human Services, said it was reducing a 12-month ban on men who have had sex with men to three months. “This guidance is being implemented without prior public comment because the FDA has determined that prior public participation for this guidance is not feasible or appropriate,” the FDA said in a statement. (source)
Watch for the next major incoming scandal in the future, which may be a rise in HIV cases related to infected blood.
Many sodomites who have HIV call themselves “HIV free” because the count of HIV in their blood is said to be so low that it is undetectable.
This dose not necessarily mean that the virus is gone. It is just that it cannot be detected.
Think about this for a minute. Would one want to drink from a glass where there was poison in it that will kill a man, but the person says “do not worry, the poison levels are so low they are undetectable.”
Would you really drink that?
I wouldn’t because it would be insane, and a person who told somebody to drink it is guilty of attempted and premeditated murder because he knew that the drink was poisoned.
The same is with blood donations from sodomites who are “HIV free” because their counts are “undetectable.”
This does not include all of the other diseases that sodomites have because of their lifestyle such as hepatitis, herpes, syphilis, gonorrhea, and others that are deadly. It also ignores the history of extensive drug use that many sodomites have that contribute to health problems.
People are afraid of getting sick from the COVID-19 coronavirus, but what good is a cure if it could potentially affect or kill a man worse than the virus itself would do?
This is not ‘helpin’ with the virus situation. Rather, it is causing the spread of further diseases that in a few months to a year will be noted and the same persons involved in promoting this act of blood donation that caused it will make a ‘surprised’ statement to the public saying to the extent of ‘mistakes were made, we don’t know what caused this but we’ll figure it out’ when they either are too ignorant and blinded by their own perverse ideology to see it or are so evil that they revel in the suffering of others.
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shoebat--2020-04-02--Federal Reserves Eases Capital Requirements For Banks

In a major story out of the Wall Street Journal , the Federal Reserve is ‘ easing capital requirements ’ for major banks until March 2021 .
The Federal Reserve on Wednesday said it was temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market .
The Fed said it was easing the supplementary leverage ratio—a way of curbing bankers ’ risk-taking—for one year and hoped the change would free up lenders ’ ability to serve homeowners and businesses rather than to increase share buybacks and dividends to shareholders .
@ @ @ @ @ @ @ securities and deposits at Federal Reserve Banks from the calculation of the leverage ratio , and will be in effect until March 31 , 2021 .
The vote to ease the requirement was unanimous .
( source ) I ’ m going to try to explain this in simple terms .
Every credit and liquidity ( access to cash ) crisis starts out differently but always ends up the same .
Each crisis begins with distress in a particular area where too much money is borrowed , then it spreads from sector to @ @ @ @ @ @ @ , “ Oh no !
I want my money back !
” It starts after one asset class has a surprise drop .
The investors , who usually purchased the asset with borrowed money ( leveraged ) will sell the sinking asset , but soon nobody wants the asset because its value is going down .
People who borrowed on credit lose money and are forced to pay out of pocket to meet minimum account balance maintenance requirements ( margin call ) .
Investors then sell good assets to raise cash to meet @ @ @ @ @ @ @ panic to banks and dealers who were not originally involved with the weak asset .
Soon the contagion spreads to all banks and assets , as everyone wants their money back all at once out of fear of losing it .
Banks begin to fail , panic spreads and finally central banks step in to separate winners and losers and re-liquefy the system for the benefit of the winners .
Typically , small investors ( and some bankrupt banks ) get hurt the worst while the big banks get bailed out and live @ @ @ @ @ @ @ bank gets rid of capital requirements , it means that the minimum requirements of cash they need to have on hand in the case of a liquidity crisis are no longer there .
If there was even a slight increase in requests for money back , let alone bank run , there is no guarantee that anybody could get paid their investments back , causing the banks to collapse and either be forcibly bailed out by the government or people just lose their investments .
What we are seeing right now is the @ @ @ @ @ @ @ in American history .
This is another reason why Trump needs to get re-elected .
He has a history of bankruptcies , and given his actions , far from MAGA , Trump is likely going to go down in history as the one on whose watch the greatest bankruptcy in American and world history will take place- the bankruptcy of the American empire , the breakdown of the dollar , and the economic chaos that will lead to global chaos .
Donate now to help support the work of this site .
When @ @ @ @ @ @ @ 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

In a major story out of the Wall Street Journal, the Federal Reserve is ‘easing capital requirements’ for major banks until March 2021.
The Federal Reserve on Wednesday said it was temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market. The Fed said it was easing the supplementary leverage ratio—a way of curbing bankers’ risk-taking—for one year and hoped the change would free up lenders’ ability to serve homeowners and businesses rather than to increase share buybacks and dividends to shareholders. The temporary change would exclude U.S. Treasury securities and deposits at Federal Reserve Banks from the calculation of the leverage ratio, and will be in effect until March 31, 2021. The vote to ease the requirement was unanimous. (source)
This is a huge decision.
I’m going to try to explain this in simple terms.
Every credit and liquidity (access to cash) crisis starts out differently but always ends up the same. Each crisis begins with distress in a particular area where too much money is borrowed, then it spreads from sector to sector until the whole world is screaming, “Oh no! I want my money back!”
It starts after one asset class has a surprise drop. The investors, who usually purchased the asset with borrowed money (leveraged) will sell the sinking asset, but soon nobody wants the asset because its value is going down. People who borrowed on credit lose money and are forced to pay out of pocket to meet minimum account balance maintenance requirements (margin call). Investors then sell good assets to raise cash to meet the margin calls. This spreads the panic to banks and dealers who were not originally involved with the weak asset. Soon the contagion spreads to all banks and assets, as everyone wants their money back all at once out of fear of losing it. Banks begin to fail, panic spreads and finally central banks step in to separate winners and losers and re-liquefy the system for the benefit of the winners. Typically, small investors (and some bankrupt banks) get hurt the worst while the big banks get bailed out and live to fight another day.
When the bank gets rid of capital requirements, it means that the minimum requirements of cash they need to have on hand in the case of a liquidity crisis are no longer there. If there was even a slight increase in requests for money back, let alone bank run, there is no guarantee that anybody could get paid their investments back, causing the banks to collapse and either be forcibly bailed out by the government or people just lose their investments.
What we are seeing right now is the creation of conditions for the largest bankruptcy in American history.
This is another reason why Trump needs to get re-elected. He has a history of bankruptcies, and given his actions, far from MAGA, Trump is likely going to go down in history as the one on whose watch the greatest bankruptcy in American and world history will take place- the bankruptcy of the American empire, the breakdown of the dollar, and the economic chaos that will lead to global chaos.
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shoebat--2020-04-02--Now The Virus Is Affecting The DNC Meeting

As if the current Democrat 2020 nomination process could not be more diseased than what it already has , according to CBS , it is not being plagued by the COVID-19 coronavirus , with Biden saying that the convention may not be able to take place as planned .
Democratic Party leaders across the country are calling on party bosses to curtail , postpone or dramatically rethink the party ’ s national convention scheduled for July in Milwaukee , concerned that holding a mass gathering just as levels of infection are expected to ebb could expose thousands to the coronavirus @ @ @ @ @ @ @ faithful to rethink the Democratic National Convention come as the party ’ s presumed presidential nominee , former Vice President Joe Biden , for the first time publicly expressed doubt that the gathering could proceed as it has in the past .
“ It ’ s hard to envision that , ” Biden said in an MSNBC interview this week .
“ We ought to be able — we were able to do it in the middle of the Civil War all the way through to World War II — have Democratic and @ @ @ @ @ @ @ still have public safety .
And we ’ re able to do both .
But the fact is it may have to be different.
” ( source ) It is true that the COVID-19 coronavirus poses a threat to public health .
However , it is the “ gift that keeps on giving ” , in this case being used to prevent the Democrat convention from proceeding as normal in another major gift to President Trump .
Trump likely needs to be re-elected , and as I have noted seems to be related @ @ @ @ @ @ @ , Trump has pursued an aggressive policy of MIGA ( Make Israel Great Again ) and MSGA ( Make Sodom Great Again ) , using federal power to advance and enforce sodomy and support of whatever the Lobby wants and with little regard for American concerns , such as gun rights or fiscal responsibility , attempting to deflect blame to Obama still or if that does not work enough , to insult his critics in public .
The Democrats could easily win in 2020 with a strong candidate , but it seems that @ @ @ @ @ @ @ are ones intended to lose .
Joe Biden ?
He is not a candidate for the Presidency , but an old man who needs to be in a nursing home because clearly he is not well .
The Democrat party , like the Republican party , is not stupid .
They know how to appeal to their bases and how to rile up support when they want to .
The Democrats have had plenty of fervor plus a favorable series of demographic and population changes that would easily give them an advantage over @ @ @ @ @ @ @ are not only refusing to exploit it , but conducting themselves in buffoonish ways .
The only way this can be explained is that they want to lose so as to ensure a 2024 to 2032 reign in power , and raising up a new Obama who will provide “ hope and change ” , except this time most likely also being a citizen of the republic of sodom and in a skirt .
Donate now to help support the work of this site .
When you donate , you are not donating @ @ @ @ @ @ @ 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 .
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As if the current Democrat 2020 nomination process could not be more diseased than what it already has, according to CBS, it is not being plagued by the COVID-19 coronavirus, with Biden saying that the convention may not be able to take place as planned.
Democratic Party leaders across the country are calling on party bosses to curtail, postpone or dramatically rethink the party’s national convention scheduled for July in Milwaukee, concerned that holding a mass gathering just as levels of infection are expected to ebb could expose thousands to the coronavirus once again. Calls from the party faithful to rethink the Democratic National Convention come as the party’s presumed presidential nominee, former Vice President Joe Biden, for the first time publicly expressed doubt that the gathering could proceed as it has in the past. “It’s hard to envision that,” Biden said in an MSNBC interview this week. “We ought to be able — we were able to do it in the middle of the Civil War all the way through to World War II — have Democratic and Republican conventions and primaries and elections and still have public safety. And we’re able to do both. But the fact is it may have to be different.” (source)
It is true that the COVID-19 coronavirus poses a threat to public health. However, it is the “gift that keeps on giving”, in this case being used to prevent the Democrat convention from proceeding as normal in another major gift to President Trump.
Trump likely needs to be re-elected, and as I have noted seems to be related to policy reasons. Far from MAGA, Trump has pursued an aggressive policy of MIGA (Make Israel Great Again) and MSGA (Make Sodom Great Again), using federal power to advance and enforce sodomy and support of whatever the Lobby wants and with little regard for American concerns, such as gun rights or fiscal responsibility, attempting to deflect blame to Obama still or if that does not work enough, to insult his critics in public.
The Democrats could easily win in 2020 with a strong candidate, but it seems that the choices of candidates being made consistently are ones intended to lose. Joe Biden? He is not a candidate for the Presidency, but an old man who needs to be in a nursing home because clearly he is not well.
The Democrat party, like the Republican party, is not stupid. They know how to appeal to their bases and how to rile up support when they want to. The Democrats have had plenty of fervor plus a favorable series of demographic and population changes that would easily give them an advantage over the Republican party, and yet they are not only refusing to exploit it, but conducting themselves in buffoonish ways.
The only way this can be explained is that they want to lose so as to ensure a 2024 to 2032 reign in power, and raising up a new Obama who will provide “hope and change”, except this time most likely also being a citizen of the republic of sodom and in a skirt.
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shoebat--2020-04-02--Turn On Those Printers And Get Out The Ink, It’s Printing Time

I warned that the first round of “ Trump Stacks ” , or the payments totaling 40 % of national GDP by way of the Families First Coronavirus Stimulus Bill that will send $ 1200 or more per taxpayer in checks to Americans , is just the beginning .
The Federal Reserve does fundamentally only one function , and that is to print money , and as the US economy is in serious trouble , the way that the US will pay her debts will be as what Alan Greenspan said , which is to print money , even if @ @ @ @ @ @ @ This fits into the latest episode of the Washington political drama as Mitch McConnell ‘ warns ’ Nancy Pelosi not to ask for more money printing , to which she disagrees with .
One week after the Senate unanimously passed a $ 2 trillion emergency relief bill aimed at limiting the financial trauma from the coronavirus pandemic , Senate Majority Leader Mitch McConnell , R-Ky. , said he would move slowly on considering any follow-up legislation and would ignore the latest efforts by House Speaker Nancy Pelosi , D-Calif. , to jump-start talks @ @ @ @ @ @ @ of Ms. Pelosi ’ s urgent call for action underscored the uncertainty and fierce political warfare in Congress as the coronavirus outbreak shuts down much of the nation and throttles the economy , with little consensus on what should follow the biggest rescue package in U.S. history and lingering tensions from those negotiations between McConnell and Pelosi .
“ She needs to stand down on the notion that we ’ re going to go along with taking advantage of the crisis to do things that are unrelated to the crisis , ” Mr. @ @ @ @ @ @ @ Washington Post , calling the speaker ’ s recent comments about a fourth round of virus-related legislation “ premature.
” In response , Ms. Pelosi said she would carry on .
“ The victims of the coronavirus pandemic can not wait , ” she said in a statement .
“ It is moving faster than the leader may have suspected , and even he has said that some things should wait for the next bill .
I hope that we can work in a four corners manner for the common good.
” ( @ @ @ @ @ @ @ to the four leaders of Congress : the speaker , the Senate majority leader and the two minority leaders . )
( source ) At this point , Washington should just be one giant Spanish language telenovela because it is as ridiculous as those shows are , and I say this because the fact is that the future is obvious .
The government is going to print money .
They will print money until the currency is completely devalued .
They do not care because they already have their money , and lots @ @ @ @ @ @ @ that I have been warning all readers about would be critical for the future .
The citizen is the biggest loser .
Printing money does not make you wealthier .
It just robs value from the money you already have , and if you are poor , you will have a temporary rise in your purchasing power followed by an immediate loss .
It is like eating a lot of sugar for a short-term “ energy ” boost while coming at the long-term expense of one ’ s health and fitness .
This @ @ @ @ @ @ @ .
The fact that Trump so eagerly signed the recent bill and his noted comfortableness with Pelosi should not be considered a surprise .
Ultimately , the Democrats and the Republicans are both friends , they largely don ’ t care about the people , and they will rob and destroy the country at your expense if they are able to , and that is what is happening .
This is why I say not only will there be more “ stimulus ” coming , but now is not the time to save @ @ @ @ @ @ @ the time to spend money either investing into tangible ( “ hard ” ) assets of any type , or to purchase the goods that one will need for the future while there is still money to do so and they can be purchased for a reasonable price .
The future is the past , and unfortunately , the 2020 are looking more the the 1920s not in America , but in Europe .
Donate now to help support the work of this site .
When you donate , you are not donating @ @ @ @ @ @ @ 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 .
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I warned that the first round of “Trump Stacks”, or the payments totaling 40% of national GDP by way of the Families First Coronavirus Stimulus Bill that will send $1200 or more per taxpayer in checks to Americans, is just the beginning. The Federal Reserve does fundamentally only one function, and that is to print money, and as the US economy is in serious trouble, the way that the US will pay her debts will be as what Alan Greenspan said, which is to print money, even if it devalues the dollar to nothing.
This fits into the latest episode of the Washington political drama as Mitch McConnell ‘warns’ Nancy Pelosi not to ask for more money printing, to which she disagrees with.
One week after the Senate unanimously passed a $2 trillion emergency relief bill aimed at limiting the financial trauma from the coronavirus pandemic, Senate Majority Leader Mitch McConnell, R-Ky., said he would move slowly on considering any follow-up legislation and would ignore the latest efforts by House Speaker Nancy Pelosi, D-Calif., to jump-start talks. Mr. McConnell’s sweeping dismissal of Ms. Pelosi’s urgent call for action underscored the uncertainty and fierce political warfare in Congress as the coronavirus outbreak shuts down much of the nation and throttles the economy, with little consensus on what should follow the biggest rescue package in U.S. history and lingering tensions from those negotiations between McConnell and Pelosi. “She needs to stand down on the notion that we’re going to go along with taking advantage of the crisis to do things that are unrelated to the crisis,” Mr. McConnell said in an interview with The Washington Post, calling the speaker’s recent comments about a fourth round of virus-related legislation “premature.”
In response, Ms. Pelosi said she would carry on. “The victims of the coronavirus pandemic cannot wait,” she said in a statement. “It is moving faster than the leader may have suspected, and even he has said that some things should wait for the next bill. I hope that we can work in a four corners manner for the common good.” (“Four corners” is a reference to the four leaders of Congress: the speaker, the Senate majority leader and the two minority leaders.) (source)
At this point, Washington should just be one giant Spanish language telenovela because it is as ridiculous as those shows are, and I say this because the fact is that the future is obvious.
The government is going to print money. They will print money until the currency is completely devalued. They do not care because they already have their money, and lots of it stored into tangible assets- something that I have been warning all readers about would be critical for the future.
The citizen is the biggest loser. Printing money does not make you wealthier. It just robs value from the money you already have, and if you are poor, you will have a temporary rise in your purchasing power followed by an immediate loss. It is like eating a lot of sugar for a short-term “energy” boost while coming at the long-term expense of one’s health and fitness.
This is not an issue of political parties. The fact that Trump so eagerly signed the recent bill and his noted comfortableness with Pelosi should not be considered a surprise. Ultimately, the Democrats and the Republicans are both friends, they largely don’t care about the people, and they will rob and destroy the country at your expense if they are able to, and that is what is happening.
This is why I say not only will there be more “stimulus” coming, but now is not the time to save. To the contrary, it is the time to spend money either investing into tangible (“hard”) assets of any type, or to purchase the goods that one will need for the future while there is still money to do so and they can be purchased for a reasonable price.
The future is the past, and unfortunately, the 2020 are looking more the the 1920s not in America, but in Europe.
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shoebat--2020-04-02--What Empty Hospitals Can Teach Us: Americans Are The Most Medicated People On Earth


shoebat--2020-04-03--Payrolls Drop By Almost Three-Quarters Of A Million In One Month

Since the 2007-2008 financial crisis , the political banter has often been about “ jobs.
” However , the talk of “ jobs ” is just a cover for the real economic problem , which is the massive expansion of debt with no mathematical way to pay it that is working in combination with a desire for cheap labor and competition from the entire world in a fiscal race-to-the-bottom .
One can not “ create ” jobs that do not exist ( without serious long-term consequences ) because there has to be work to be done , and if the @ @ @ @ @ @ @ done ( it does not matter the reason ) , then there are no “ jobs ” to “ create ” .
As such , the talk of the payroll has been mostly a political football that like the immigration issue is thrown back and forth between parties with no actual improvement in the fundamentals .
However , CNBC reports a fundamental reality with the payrolls , which is that in the month of March alone , due to the current economic troubles connected to the COVID-19 Coronavirus , has seen almost a @ @ @ @ @ @ @ a million people .
Nonfarm payrolls dropped by 701,000 in March , according to Labor Department numbers released Friday that only begin to show the economic damage wrought by the coronavirus crisis .
It was the first decline in payrolls since September 2010 and came close to the May 2009 financial crisis peak of 800,000 .
Some two-thirds of the drop came in the hospitality industry , particularly bars and restaurants forced to close during the economic shutdown .
That headline number reflects the count from establishments the government surveyed for its report @ @ @ @ @ @ @ individual residences about their employment situation , showed a plunge of nearly 3 million .
( source ) This is one month .
One can only imagine what will happen in April , for there is no guarantee if economic activity will be permitted to resume .
The longer this crisis drags on in the current form- and I am not trying to deny any real threat from the spread of the disease -the weaker the US economy will become and the closer the dollar will move towards a fiscal collapse in her @ @ @ @ @ @ @ the ones who still has the ability to work , work as hard and as wisely as you can while you are able to , for there may come a time when you may not be afforded that opportunity any more .
After all , almost three-quarters of a million people did not start 2020 thinking they would be unemployed in a few months and facing a possible economic ruin .
Donate now to help support the work of this site .
When you donate , you are not donating to just any @ @ @ @ @ @ @ 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

Since the 2007-2008 financial crisis, the political banter has often been about “jobs.” However, the talk of “jobs” is just a cover for the real economic problem, which is the massive expansion of debt with no mathematical way to pay it that is working in combination with a desire for cheap labor and competition from the entire world in a fiscal race-to-the-bottom. One cannot “create” jobs that do not exist (without serious long-term consequences) because there has to be work to be done, and if the work to be done cannot be done (it does not matter the reason), then there are no “jobs” to “create”.
As such, the talk of the payroll has been mostly a political football that like the immigration issue is thrown back and forth between parties with no actual improvement in the fundamentals. However, CNBC reports a fundamental reality with the payrolls, which is that in the month of March alone, due to the current economic troubles connected to the COVID-19 Coronavirus, has seen almost a decline in the payrolls by three-quarters of a million people.
Nonfarm payrolls dropped by 701,000 in March, according to Labor Department numbers released Friday that only begin to show the economic damage wrought by the coronavirus crisis. It was the first decline in payrolls since September 2010 and came close to the May 2009 financial crisis peak of 800,000. Some two-thirds of the drop came in the hospitality industry, particularly bars and restaurants forced to close during the economic shutdown. That headline number reflects the count from establishments the government surveyed for its report. The household survey, which asks individual residences about their employment situation, showed a plunge of nearly 3 million. (source)
This is one month. One can only imagine what will happen in April, for there is no guarantee if economic activity will be permitted to resume.
The longer this crisis drags on in the current form- and I am not trying to deny any real threat from the spread of the disease -the weaker the US economy will become and the closer the dollar will move towards a fiscal collapse in her value.
If you are one of the ones who still has the ability to work, work as hard and as wisely as you can while you are able to, for there may come a time when you may not be afforded that opportunity any more.
After all, almost three-quarters of a million people did not start 2020 thinking they would be unemployed in a few months and facing a possible economic ruin.
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shoebat--2020-04-03--COVID-19 May Permanently Reshape Social Relations

There are a lot of people who have said that they would “ fight ” against any changes to their way of life .
But the recent events with the COVID-19 coronavirus have proven this to be an elaborate LARP , as the Washington Times reports , for people are not only stopping completely their previous way of life , but the changes are so sharp they may become permanent in society to an extent , especially the concept of “ social distancing ” .
Going to a baseball game , packing into a concert arena or shaking another person @ @ @ @ @ @ @ of the past if social distancing becomes a way of life .
The constant reminders that it ’ s not safe to shake hands or come too close to one another isn ’ t healthy , and mental health specialists warn that these social cues will linger in our minds after the COVID-19 pandemic ends .
“ It ’ s hard to go back to more relaxed norms , ” said Yulia Chentsova Dutton , a cultural psychologist and a professor at Georgetown University .
Russians developed the cultural habit of changing their @ @ @ @ @ @ @ outdoors during the civil war and World War II period , and that ritual has been handed down for generations .
“ You will probably see something similar happening in the United States , ” Ms. Chentsova Dutton said , though she noted that these types of habits develop over time .
( source ) This virus has truly been a “ gift ” that “ keeps on giving ” .
It has managed to isolate people from each other in the name of safety , and potentially make it a long-term cultural @ @ @ @ @ @ @ before to “ social distancing ” now , and all it took was a few months of problems .
An entire culture , a whole way of life was abandoned in an instant over one incident .
“ I HAVE MY GUNS AND I ’ M GOING TO FIGHT ANYBODY WHO TRIES TO TAKE MY FREEDOM.
” Go and have fun with that .
Who does one need find to “ fight ” for one ’ s “ freedom ” when one gave up his “ freedom ” willingly and immediately because of @ @ @ @ @ @ @ follow the changes ?
This is entirely self-inflicted as well , demonstrating that all great nations die not by the hands of invaders or other people , but by their own hands every times as the records of history shows and continues to be proven .
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 @ @ @ @ @ @ @ , 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

There are a lot of people who have said that they would “fight” against any changes to their way of life. But the recent events with the COVID-19 coronavirus have proven this to be an elaborate LARP, as the Washington Times reports, for people are not only stopping completely their previous way of life, but the changes are so sharp they may become permanent in society to an extent, especially the concept of “social distancing”.
Going to a baseball game, packing into a concert arena or shaking another person’s hand could become a thing of the past if social distancing becomes a way of life. The constant reminders that it’s not safe to shake hands or come too close to one another isn’t healthy, and mental health specialists warn that these social cues will linger in our minds after the COVID-19 pandemic ends. “It’s hard to go back to more relaxed norms,” said Yulia Chentsova Dutton, a cultural psychologist and a professor at Georgetown University. Russians developed the cultural habit of changing their clothes immediately after coming home from the outdoors during the civil war and World War II period, and that ritual has been handed down for generations. “You will probably see something similar happening in the United States,” Ms. Chentsova Dutton said, though she noted that these types of habits develop over time. (source)
This virus has truly been a “gift” that “keeps on giving”.
It has managed to isolate people from each other in the name of safety, and potentially make it a long-term cultural change.
From packed bars for years before to “social distancing” now, and all it took was a few months of problems.
An entire culture, a whole way of life was abandoned in an instant over one incident.
“I HAVE MY GUNS AND I’M GOING TO FIGHT ANYBODY WHO TRIES TO TAKE MY FREEDOM.”
Go and have fun with that. Who does one need find to “fight” for one’s “freedom” when one gave up his “freedom” willingly and immediately because of a single threat and has chosen to follow the changes?
This is entirely self-inflicted as well, demonstrating that all great nations die not by the hands of invaders or other people, but by their own hands every times as the records of history shows and continues to be proven.
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