revolutionradio--2020-05-13--The Wuhan Virus Lockdown is a Colossal Blunder

The Wuhan Virus pandemic is not the most significant crisis in our nation ’ s history .
It isn ’ t even the greatest public health crisis in our history .
But with the imposition of a near total national lockdown it is undoubtedly the greatest marginalization of personal liberty in American history .
Over the centuries , in virtually all societies , people known to be infected by various deadly diseases were confined and isolated in order to mitigate the spread and protect the rest of society .
Never have we confined the entire population ostensibly for the same @ @ @ @ @ @ @ , an ever-increasing percentage of the citizenry has been conditioned to look to the government to cure all societal and health related ills .
The ruling classes have eagerly promoted this mindset as it abets their lust for permanent power .
However , this obligates those in power to cure all ills , even a global pandemic .
Thus , it follows that the State will inevitably claim that in order to do so it must take control of our lives against our will even if we are healthy , lest we fall @ @ @ @ @ @ @ .
Using exponentially flawed models and projections , not based on any actual evidence or experience with the virus , the government at all levels so terrified the populace that they eagerly embraced the concept of home confinement and the catastrophic collapse of the economy .
But one question that the powers-to-be never asked themselves at the time was : How do we get out of this ?
Now they find themselves trapped by their own decisions .
Recently , both the federal government and states have proposed various goals that must be @ @ @ @ @ @ @ .
What is egregiously wrong with all these steps is that they are solely about health and arbitrary health related statistics .
Rather than look at the devastated economy as well as the unbelievable and potential life-threatening distress of the vast bulk of the American people , these politicians are hiding behind government scientist/bureaucrats , believing that focus on just Wuhan Virus statistics will shield them from criticism .
The national leadership of the Democrat party are also hiding behind the scientists to not only avoid criticism but to prolong the lockdown in @ @ @ @ @ @ @ is still in shambles on November 3 , election day .
The reality is the decision to reopen the nation is a political decision , not a scientific one .
It all boils down to one simple question .
Has the lockdown been worth it ?
That depends only partly on science .
There are also three other factors that must go into that answer : 1 ) economic consequences , 2 ) constitutional values and 3 ) moral judgements .
First , the medical aspect .
The declared purpose of the lockdown @ @ @ @ @ @ @ be a complete meltdown of available intensive care and hospital beds nationwide or in now common parlance “ bend the curve.
” At the height of the virus outbreak , the nation utilized less than 15 % of available hospital beds and less than 20 % of available intensive care beds for coronavirus patients .
This curve has been bent for some time .
Deaths from nursing and senior care facilities homes now account for more than 50 % of total recorded fatalities since the beginning of the epidemic .
In some states @ @ @ @ @ @ @ .
Over the past three weeks nursing home related deaths account for nearly 70 % of reported fatalities .
As Daniel Horowitz at Conservative Review recently wrote : This revelation should change everything we know about the current state of affairs with coronavirus .
Governors are still justifying the continued lockdown by pointing to rising deaths in many states and counties .
But it now appears , using simple arithmetic , that in most states , the overwhelming majority of deaths are in nursing homes , and in some states and counties , @ @ @ @ @ @ @ senior facility .
The implication is that there is no excuse whatsoever not to open up the country and throw all our resources at protecting nursing homes .
Numerous serology study results have been extrapolated to show when accounting for the true number of people who have gotten this virus , the infection fatality rate drops to 0.1 % to 0.3 % ( about the same as the annual flu ) .
A recent study at Truesdale Prison in Tennessee recorded that of 2,444 tests 1,299 were positive ( 53 % ) and @ @ @ @ @ @ @ showing no symptoms ) .
One inmate ( 67 years old ) has died or a fatality rate of 0.07 % .
Accounting for the fact that the deaths are lopsided among the elderly and chronically ill , the fatality rate among the younger population approaches 0.03 % .
This virus will never disappear unless and until there is enough exposure to produce a collective immunity or an effective vaccine , available to everyone in the world , is produced .
There is no scientific basis , centered on actual findings either in @ @ @ @ @ @ @ , for continuing for weeks or months any full or partial shutdown of the general population on either the national , state or local level .
Second , the economic consequences .
There has been the inevitable leftist decrying of any attempt to measure the mortality of the coronavirus against the economic and emotional cost of the chosen means of mitigating it .
But this is nothing but empty rhetoric as well as hypocritical .
All of us whether a tenured college professor and a grocery store clerk and a government bureaucrat and @ @ @ @ @ @ @ upon the economy to generate wealth .
Hundreds of thousands of businesses are on the verge of bankruptcy and permanent closure .
33+ million are unemployed , many are forced against their will to be dependent on government largess and the federal government is creating massive unsustainable debt in an attempt to keep the nation afloat .
A thriving economy , the kind we are now destroying , is the source of our security , the financing of our health care system and our children ’ s future .
Without it this nation @ @ @ @ @ @ @ exist .
While our leftist brothers may sneer at this reality , it should also be remembered that poverty kills as well .
And when it does not kill , it maims , mentally , physically and socially .
Third , the erosion of constitutional values .
What are the limits to the things that the State can legitimately do to a people living in a constitutional republic originally established on the basis of guaranteeing individual freedom ?
Lord Sumption , a former Supreme Court Judge in the United Kingdom , recently wrote @ @ @ @ @ @ @ limits is the stuff of tyrants .
Every despot who ever lived thought that he was coercing his subjects for their own good or that of society .
We have to ask ourselves what kind of relationship we want with the State .
Do we really want to be the kind of society where basic freedoms are conditional on the decisions of politicians in thrall to scientists and statisticians ?
Where human beings are just tools of public policy ?
A society in which Government can confine most of the population without controversy @ @ @ @ @ @ @ would want to live , regardless of their [ politicians ] answer to ” Is it worth it ?
My own answer is no .
Guidance is fine .
Voluntary self-isolation is fine , and strongly advisable for the more vulnerable .
Most of them will do it by choice .
But coercion is not fine .
There is no moral or principled justification for it .
Lastly , on moral judgement .
However valuable saving every life may be , it is not the only valuable thing to a society .
A @ @ @ @ @ @ @ may be saved and the others lost in a massive national shutdown .
Which includes those unable to access other lifesaving medical procedures , as many states effectively shut down hospitals and medical practices in order to theoretically mitigate the coronavirus epidemic .
Thus , it is empty rhetoric to regurgitate the talking point that every life is priceless whenever the subject of reopening the country is raised .
These catch phrases are emotionally satisfying , but those that mouth them do not actually believe them , as many who fall back on @ @ @ @ @ @ @ up to and at birth .
Societies and people make life altering choices all the time , be it going to war to protect the country , commuting two hours a day to work on crowded highways , travel by air , or working in a coal mine .
These decisions are made as mankind is fully aware that there is more to life than the avoidance of death .
The answer to the question , “ Was the lockdown worth it ?
” is a resounding no .
Ordering the citizenry to @ @ @ @ @ @ @ for walking on an empty beach , and mandating small businesses close up shop regardless of their hygienic procedures has never , in the history of mankind , been demonstrated to be effective in combating any infectious disease .
In summary , lockdowns do not work .
It was common knowledge by early March , based on the experience in Italy , South Korea and other nations , that this virus was problematic for the elderly with serious underlying conditions .
( In Italy 85 % of deaths have been among those over @ @ @ @ @ @ @ than focus and expend all available resources on that portion of the population , this nation decided , based on bogus science , to institute a state optioned complete or partial lockdown leaving that segment of society to essentially fend for itself — with disastrous consequences .
All the while decimating the economy , people ’ s livelihoods and marginalizing freedom of speech , religion , and assembly .
This nation has made the biggest blunder in its history .
The time has come for the politicians from the President to the Governors @ @ @ @ @ @ @ scientist/bureaucrats and fully reopen the nation .
Focus on that segment of the population most at risk , without compulsory isolation or de facto imprisonment .
And restore the civil liberties that have been wantonly eroded .
This entry was posted on Wednesday , May 13th , 2020 at 2:33 pm and is filed under BioWeapon , Government Evil , New World Order , Police State , Population Control .
You can follow any responses to this entry through the RSS 2.0 feed .

By Steve McCann
AmericanThinker.com
May 13, 2020
The Wuhan Virus pandemic is not the most significant crisis in our nation’s history. It isn’t even the greatest public health crisis in our history. But with the imposition of a near total national lockdown it is undoubtedly the greatest marginalization of personal liberty in American history.
Over the centuries, in virtually all societies, people known to be infected by various deadly diseases were confined and isolated in order to mitigate the spread and protect the rest of society. Never have we confined the entire population ostensibly for the same objective.
Over the past 50 years, an ever-increasing percentage of the citizenry has been conditioned to look to the government to cure all societal and health related ills. The ruling classes have eagerly promoted this mindset as it abets their lust for permanent power. However, this obligates those in power to cure all ills, even a global pandemic. Thus, it follows that the State will inevitably claim that in order to do so it must take control of our lives against our will even if we are healthy, lest we fall ill and overwhelm the health care system.
Using exponentially flawed models and projections, not based on any actual evidence or experience with the virus, the government at all levels so terrified the populace that they eagerly embraced the concept of home confinement and the catastrophic collapse of the economy. But one question that the powers-to-be never asked themselves at the time was: How do we get out of this? Now they find themselves trapped by their own decisions.
Recently, both the federal government and states have proposed various goals that must be met before the lockdown is fully lifted. What is egregiously wrong with all these steps is that they are solely about health and arbitrary health related statistics.
Rather than look at the devastated economy as well as the unbelievable and potential life-threatening distress of the vast bulk of the American people, these politicians are hiding behind government scientist/bureaucrats, believing that focus on just Wuhan Virus statistics will shield them from criticism. The national leadership of the Democrat party are also hiding behind the scientists to not only avoid criticism but to prolong the lockdown in the hope that the economy and nation is still in shambles on November 3, election day.
The reality is the decision to reopen the nation is a political decision, not a scientific one.
It all boils down to one simple question. Has the lockdown been worth it? That depends only partly on science. There are also three other factors that must go into that answer: 1) economic consequences, 2) constitutional values and 3) moral judgements.
First, the medical aspect. The declared purpose of the lockdown was to mitigate what was projected to be a complete meltdown of available intensive care and hospital beds nationwide or in now common parlance “bend the curve.” At the height of the virus outbreak, the nation utilized less than 15% of available hospital beds and less than 20% of available intensive care beds for coronavirus patients. This curve has been bent for some time.
Deaths from nursing and senior care facilities homes now account for more than 50% of total recorded fatalities since the beginning of the epidemic. In some states it is as high as 80%. Over the past three weeks nursing home related deaths account for nearly 70% of reported fatalities. As Daniel Horowitz at Conservative Review recently wrote:
This revelation should change everything we know about the current state of affairs with coronavirus. Governors are still justifying the continued lockdown by pointing to rising deaths in many states and counties. But it now appears, using simple arithmetic, that in most states, the overwhelming majority of deaths are in nursing homes, and in some states and counties, nearly every new death is in a senior facility.
The implication is that there is no excuse whatsoever not to open up the country and throw all our resources at protecting nursing homes.
Numerous serology study results have been extrapolated to show when accounting for the true number of people who have gotten this virus, the infection fatality rate drops to 0.1% to 0.3% (about the same as the annual flu). A recent study at Truesdale Prison in Tennessee recorded that of 2,444 tests 1,299 were positive (53%) and 96% of those were asymptomatic (showing no symptoms). One inmate (67 years old) has died or a fatality rate of 0.07%.
Accounting for the fact that the deaths are lopsided among the elderly and chronically ill, the fatality rate among the younger population approaches 0.03%.
This virus will never disappear unless and until there is enough exposure to produce a collective immunity or an effective vaccine, available to everyone in the world, is produced. There is no scientific basis, centered on actual findings either in the United States or around the world, for continuing for weeks or months any full or partial shutdown of the general population on either the national, state or local level.
Second, the economic consequences. There has been the inevitable leftist decrying of any attempt to measure the mortality of the coronavirus against the economic and emotional cost of the chosen means of mitigating it. But this is nothing but empty rhetoric as well as hypocritical. All of us whether a tenured college professor and a grocery store clerk and a government bureaucrat and an over-the-road truck driver value and depend upon the economy to generate wealth.
Hundreds of thousands of businesses are on the verge of bankruptcy and permanent closure. 33+ million are unemployed, many are forced against their will to be dependent on government largess and the federal government is creating massive unsustainable debt in an attempt to keep the nation afloat. A thriving economy, the kind we are now destroying, is the source of our security, the financing of our health care system and our children’s future. Without it this nation as we know it will cease to exist. While our leftist brothers may sneer at this reality, it should also be remembered that poverty kills as well. And when it does not kill, it maims, mentally, physically and socially.
Third, the erosion of constitutional values. What are the limits to the things that the State can legitimately do to a people living in a constitutional republic originally established on the basis of guaranteeing individual freedom?
Lord Sumption, a former Supreme Court Judge in the United Kingdom, recently wrote:
To say that there are no limits is the stuff of tyrants. Every despot who ever lived thought that he was coercing his subjects for their own good or that of society.
We have to ask ourselves what kind of relationship we want with the State. Do we really want to be the kind of society where basic freedoms are conditional on the decisions of politicians in thrall to scientists and statisticians? Where human beings are just tools of public policy?
A society in which Government can confine most of the population without controversy is not one in which civilized people would want to live, regardless of their [politicians] answer to” Is it worth it?
My own answer is no. Guidance is fine. Voluntary self-isolation is fine, and strongly advisable for the more vulnerable. Most of them will do it by choice. But coercion is not fine. There is no moral or principled justification for it.
Lastly, on moral judgement. However valuable saving every life may be, it is not the only valuable thing to a society. A comparison is unavoidable between the lives that may be saved and the others lost in a massive national shutdown. Which includes those unable to access other lifesaving medical procedures, as many states effectively shut down hospitals and medical practices in order to theoretically mitigate the coronavirus epidemic.
Thus, it is empty rhetoric to regurgitate the talking point that every life is priceless whenever the subject of reopening the country is raised. These catch phrases are emotionally satisfying, but those that mouth them do not actually believe them, as many who fall back on these platitudes also promote and applaud abortion up to and at birth.
Societies and people make life altering choices all the time, be it going to war to protect the country, commuting two hours a day to work on crowded highways, travel by air, or working in a coal mine. These decisions are made as mankind is fully aware that there is more to life than the avoidance of death.
The answer to the question, “Was the lockdown worth it?” is a resounding no.
Ordering the citizenry to cower in their homes, harassing people for walking on an empty beach, and mandating small businesses close up shop regardless of their hygienic procedures has never, in the history of mankind, been demonstrated to be effective in combating any infectious disease. In summary, lockdowns do not work.
It was common knowledge by early March, based on the experience in Italy, South Korea and other nations, that this virus was problematic for the elderly with serious underlying conditions. (In Italy 85% of deaths have been among those over 70 with serious underlying conditions) Rather than focus and expend all available resources on that portion of the population, this nation decided, based on bogus science, to institute a state optioned complete or partial lockdown leaving that segment of society to essentially fend for itself — with disastrous consequences. All the while decimating the economy, people’s livelihoods and marginalizing freedom of speech, religion, and assembly.
This nation has made the biggest blunder in its history.
The time has come for the politicians from the President to the Governors and Mayors to stop hiding behind the scientist/bureaucrats and fully reopen the nation. Focus on that segment of the population most at risk, without compulsory isolation or de facto imprisonment. And restore the civil liberties that have been wantonly eroded.


revolutionradio--2020-05-13--In Major U-Turn, NJ To Begin ‘Partial Reopening’ Monday; 5% Of Spain Already Has The Virus, Survey S

In Major U-Turn, NJ To Begin ‘Partial Reopening’ Monday; 5% Of Spain Already Has The Virus, Survey Shows: Live Updates

Spain says 5 % of population infected by the virus NJ gov says state will partially reopen Monday Washington DC reopening pushed to June 8 NY reports jump in new cases for first time in 5 days NY deaths decrease slightly day-over-day US set to extend travel restrictions on Canada & Mexico borders UK releases latest figures Mexico plans to reopen Monday Spain won ’ t reopen borders to most foreigners until at least July VW ‘ pauses ’ manufacturing of VW Golf , SUVs China imposes ‘ partial lockdown ’ on northeastern border city SK ’ s ‘ Itaewon @ @ @ @ @ @ @ Austria agree to reopen mutual border Global cases : 4.22 million Global deaths : 291,519 Poland reports record jump in new cases Russia sees numbers start to slow after shocking record run of confirmations * * * Update ( 1340ET ) : As more states and countries conduct random testing using the notoriously unreliable antibody tests that are flooding the market , the Spanish government has just announced the results of its first test , which found that 11 % of the Madrid residents tested came back positive for virus antibodies .
Testing @ @ @ @ @ @ @ likely infected by the virus ( unless it ’ s a false positive , which are rarer unfortunately than false negatives ) , or were infected , but didn ’ t show any symptoms of COVID-19 ( the disease caused by the novel coronavirus ) .
INITIAL DATA FROM SPAIN ’ S NATIONAL CORONAVIRUS ANTIBODY STUDY SHOWS ABOUT 5 % OF POPULATION HAVE BEEN EXPOSED TO VIRUS , WITH MADRID AT 11 % , SORIA AT 14 % We were surprised : Considering initial rounds of antibody surveillance in NYC found that more @ @ @ @ @ @ @ .
Update ( 1310ET ) : Less than a day after he whined during his daily press briefing about having the worst mortality rate from the virus in the country ( he doesn ’ t ) , NJ Gov Phil Murphy has on Wednesday seemingly taken a major u-turn , moving ahead with a plan to partially reopen the state on Monday after pledging to wait for more testing .
Specifically , the state will allow construction workers and more ‘ non-essential ’ retail workers to report to work , with shoppers able @ @ @ @ @ @ @ .
We ’ ll let the governor tell you more himself : Yesterday , Murphy laid out a plan to use state money to significantly boost its testing and tracing capacity as he faces mounting pressure from the state ’ s business community to start the reopening process sooner rather than waiting out of what critics said was a misguided sense of caution .
The state has already hired nearly 1k contact tracers .
Murphy also reported a slowing in deaths in long-term care homes , as well as a slowdown in deaths @ @ @ @ @ @ @ DC is extending its lockdown until June 8 as Mayor Muriel Bowser insists that more testing is needed before the city can reopen .
With markets deep in the red thanks to reopening anxieties stoked by a couple of “ big rich guys ” , will NJ ’ s reopening push have the opposite effect of Tuesday afternoon ’ s report about LA County ’ s reopening plans ?
This entry was posted on Wednesday , May 13th , 2020 at 2:22 pm and is filed under BioWeapon , Government Evil , World @ @ @ @ @ @ @ to this entry through the RSS 2.0 feed .

by Tyler Durden
ZeroHedge.com
Wed, 05/13/2020
Summary:
Spain says 5% of population infected by the virus
NJ gov says state will partially reopen Monday
Washington DC reopening pushed to June 8
NY reports jump in new cases for first time in 5 days
NY deaths decrease slightly day-over-day
US set to extend travel restrictions on Canada & Mexico borders
UK releases latest figures
Mexico plans to reopen Monday
Spain won’t reopen borders to most foreigners until at least July
VW ‘pauses’ manufacturing of VW Golf, SUVs
China imposes ‘partial lockdown’ on northeastern border city
SK’s ‘Itaewon’ cluster climbs to 120
Germany, Austria agree to reopen mutual border
Global cases: 4.22 million
Global deaths: 291,519
Poland reports record jump in new cases
Russia sees numbers start to slow after shocking record run of confirmations
* * *
Update (1340ET): As more states and countries conduct random testing using the notoriously unreliable antibody tests that are flooding the market, the Spanish government has just announced the results of its first test, which found that 11% of the Madrid residents tested came back positive for virus antibodies.
Testing positive for the antibodies means you were likely infected by the virus (unless it’s a false positive, which are rarer unfortunately than false negatives), or were infected, but didn’t show any symptoms of COVID-19 (the disease caused by the novel coronavirus).
INITIAL DATA FROM SPAIN’S NATIONAL CORONAVIRUS ANTIBODY STUDY SHOWS ABOUT 5% OF POPULATION HAVE BEEN EXPOSED TO VIRUS, WITH MADRID AT 11%, SORIA AT 14%
We were surprised: Considering initial rounds of antibody surveillance in NYC found that more than 1/5th of residents have been infected.
* * *
Update (1310ET): Less than a day after he whined during his daily press briefing about having the worst mortality rate from the virus in the country (he doesn’t), NJ Gov Phil Murphy has on Wednesday seemingly taken a major u-turn, moving ahead with a plan to partially reopen the state on Monday after pledging to wait for more testing.
Specifically, the state will allow construction workers and more ‘non-essential’ retail workers to report to work, with shoppers able to shop via ‘curbside’ pickup. We’ll let the governor tell you more himself:
Holding a COVID-19 briefing. WATCH: https://t.co/JoDcRJysDp — Governor Phil Murphy (@GovMurphy) May 13, 2020
Today, I will sign an Executive Order, effective 6:00 AM Monday, May 18, 2020:
☑Allow the restart of non-essential construction
☑Allow non-essential retail stores to reopen for curbside pickup only
☑Permit drive-through and drive-in events under social distancing guidelines pic.twitter.com/M6IWXpnLl4 — Governor Phil Murphy (@GovMurphy) May 13, 2020
https://twitter.com/GovMurphy/status/1260616863228268546?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1260616863228268546&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fsecond-wave-china-orders-partial-lockdown-border-city-seouls-newest-cluster-explodes
LOOK: Let’s not forget where we were only six weeks ago, when we first shared our worst-case projections. We were preparing for upward of 36,000 hospitalizations, 9,000 New Jerseyans in the ICUs and 7,500 on ventilators. Because of your hard work, reality never came close. pic.twitter.com/ZX4Sb8rq1j — Governor Phil Murphy (@GovMurphy) May 13, 2020
DATA DETERMINES DATES. The data we are seeing gives us confidence that we can begin the restart of our economy – to get people back to work, and set the stage for the steps to come. pic.twitter.com/8VfkF2P4LF — Governor Phil Murphy (@GovMurphy) May 13, 2020
Yesterday, Murphy laid out a plan to use state money to significantly boost its testing and tracing capacity as he faces mounting pressure from the state’s business community to start the reopening process sooner rather than waiting out of what critics said was a misguided sense of caution. The state has already hired nearly 1k contact tracers.
Murphy also reported a slowing in deaths in long-term care homes, as well as a slowdown in deaths and hospitalizations overall.
Sadly, today we report another 197 deaths from COVID-19 complications. Our statewide total now stands at 9,702. Together, we mourn each of these losses, members of our New Jersey family, and our hearts are with their friends and loved ones. pic.twitter.com/v9AVb1xbsw — Governor Phil Murphy (@GovMurphy) May 13, 2020
Meanwhile, Washington DC is extending its lockdown until June 8 as Mayor Muriel Bowser insists that more testing is needed before the city can reopen. With markets deep in the red thanks to reopening anxieties stoked by a couple of “big rich guys”, will NJ’s reopening push have the opposite effect of Tuesday afternoon’s report about LA County’s reopening plans?
* * *


revolutionradio--2020-05-13--This Is How Bad Things Really Are In The Economy

On the heels of the Dow tumbling over 500 points , this is how bad things really are in the economy .
Trouble For Restaurants May 13 ( King World News ) – Gerald Celente : Restaurant Supplier ’ s Performance Bodes Ill for Sector : Sysco , which supplies food to restaurants , schools , hospitals , and other institutions , has dispensed with a third of its employees after seeing sales fall 6.5 percent in its most recent quarter , the worst performance in 11 years .
In mid-March , as economic lockdowns were being imposed , sales @ @ @ @ @ @ @ ; restaurants now shuttered made up almost two-thirds of Sysco ’ s customers .
The company reported that sales ticked up in April , but most of the gains came from restaurants with drive-through windows , which tend to be larger chains .
Business remained virtually flat among smaller and independent restaurants , which could indicate that many will not be able to reopen when lockdowns are eased .
This entry was posted on Wednesday , May 13th , 2020 at 2:14 pm and is filed under Conspiracy , Corruption , Economics , @ @ @ @ @ @ @ You can follow any responses to this entry through the RSS 2.0 feed .

KingWorldNews.com
May 13, 2020
On the heels of the Dow tumbling over 500 points, this is how bad things really are in the economy.
Trouble For Restaurants
May 13 (King World News) – Gerald Celente: Restaurant Supplier’s Performance Bodes Ill for Sector: Sysco, which supplies food to restaurants, schools, hospitals, and other institutions, has dispensed with a third of its employees after seeing sales fall 6.5 percent in its most recent quarter, the worst performance in 11 years.
In mid-March, as economic lockdowns were being imposed, sales were down as much as 60 percent; restaurants now shuttered made up almost two-thirds of Sysco’s customers.
The company reported that sales ticked up in April, but most of the gains came from restaurants with drive-through windows, which tend to be larger chains.
Business remained virtually flat among smaller and independent restaurants, which could indicate that many will not be able to reopen when lockdowns are eased.
The Rest…HERE


revolutionradio--2020-05-14--The Face Of Post-COVID Geo-Politics

The Face Of Post-COVID Geo-Politics

by Wayne Madsen via The Strategic Culture Foundation , ZeroHedge.com Thu , 05/14/2020 The post-Covid international geo-political structure may resemble that which followed the most lethal pandemic that affected the world – the highly contagious Black Death of the 14th century .
The bubonic plague killed between 75 and 200 million people in Asia , Europe , and North Africa .
It is believed the bubonic/pneumonic plague was carried by black rat flea parasites that travelled to Europe and the Middle East first via the Silk Road from China and then on Genoese merchant ships sailing from Crimea .
The @ @ @ @ @ @ @ humans .
An eerie connection to Covid-19 is that among the first victims of the Black Death were 80 percent of the population of Hubei province , including the town of Wuchang , present-day Wuhan .
By the end of 1346 , India had been largely depopulated and dead bodies were reported to have covered Tartary , Mesopotamia , Syria , and Armenia .
In 1345 , Damascus was recording 2000 deaths a day .
By 1349 , the plague had spread through Italy , France , Spain , Germany , England , @ @ @ @ @ @ @ even far-off Iceland and Greenland .
Only regions that had little contact with other countries through trade were relatively spared .
These included the Basque region and isolated pockets in the Alpine , Pyrenees , and Atlas mountain ranges .
The plague returned in follow-on phases from the 15th to 17th centuries .
France lost a million of its citizens in just four years , between 1628 and 1631 .
Without a suitable vaccine to fend off Covid-19 , the world may copy the effects that the Black death had on geo-politics , @ @ @ @ @ @ @ structure .
The Black Death saw city dwellers flee for the countryside , stores closing their door , and doctors refusing to see patients .
The bubonic plague also jumped species .
Humans infected goats , sheep , cows , pigs , dogs , cats , and chickens and vice versa .
So far , Covid-19 has been reported to have infected dogs , cats , lions , tigers , and minks .
Just as with the current scapegoating of Covid-19 to blame Asians , Muslims , Jews , and other minorities , @ @ @ @ @ @ @ of playing the blame game , often with deadly consequences .
Among those targeted in the 14th century as being responsible for the plague were Jews , Romani ( gypsies ) , foreigners in general , religious pilgrims , witches , street beggars , lepers , and Catholic friars .
The Jewish communities of Strasbourg , Mainz , and Cologne were decimated .
Just as witnessed with Covid-19 , “ miracle cures ” were in abundance during the Black Death .
Ineffective treatments included bloodletting and boil lancing .
One suggested cure was @ @ @ @ @ @ @ cloves .
Others included drinking a solution of ground chicken bones or cold water mixed with vinegar .
Other remedies were to burn incense made of frankincense , myrrh , basil aloe , garlic , and grape leaves ; inhale strong odors from latrines to overcome the infectious “ vapors ” of the plague ; wash walls with a solution of water and vinegar ; and maintain a diet of wheat bread and citrus fruits , while avoiding red meat .
Those who believed the plague was a punishment from God engaged in @ @ @ @ @ @ @ Today , certain world leaders have advocated bleach and disinfectants , vodka , herbal tonics , and ultraviolet and sunlight to cure Covid-19 .
Authorities in Venice began requiring arriving ship crews to be kept on board their vessels for 40 days – what was called a “ quarantine.
” The practice continues to this day as a method by public health authorities to stop the spread of a contagion .
This entry was posted on Thursday , May 14th , 2020 at 4:08 am and is filed under BioWeapon , Economics .
@ @ @ @ @ @ @ entry through the RSS 2.0 feed .

by Wayne Madsen via The Strategic Culture Foundation,
ZeroHedge.com
Thu, 05/14/2020
The post-Covid international geo-political structure may resemble that which followed the most lethal pandemic that affected the world – the highly contagious Black Death of the 14th century. The bubonic plague killed between 75 and 200 million people in Asia, Europe, and North Africa. It is believed the bubonic/pneumonic plague was carried by black rat flea parasites that travelled to Europe and the Middle East first via the Silk Road from China and then on Genoese merchant ships sailing from Crimea. The fleas spread from their rodent hosts to humans. An eerie connection to Covid-19 is that among the first victims of the Black Death were 80 percent of the population of Hubei province, including the town of Wuchang, present-day Wuhan.
By the end of 1346, India had been largely depopulated and dead bodies were reported to have covered Tartary, Mesopotamia, Syria, and Armenia. In 1345, Damascus was recording 2000 deaths a day. By 1349, the plague had spread through Italy, France, Spain, Germany, England, Scotland, Ireland, Norway, and even far-off Iceland and Greenland. Only regions that had little contact with other countries through trade were relatively spared. These included the Basque region and isolated pockets in the Alpine, Pyrenees, and Atlas mountain ranges. The plague returned in follow-on phases from the 15th to 17th centuries. France lost a million of its citizens in just four years, between 1628 and 1631.
Without a suitable vaccine to fend off Covid-19, the world may copy the effects that the Black death had on geo-politics, trade, the economy, and social structure.
The Black Death saw city dwellers flee for the countryside, stores closing their door, and doctors refusing to see patients. The bubonic plague also jumped species. Humans infected goats, sheep, cows, pigs, dogs, cats, and chickens and vice versa. So far, Covid-19 has been reported to have infected dogs, cats, lions, tigers, and minks.
Just as with the current scapegoating of Covid-19 to blame Asians, Muslims, Jews, and other minorities, the Black Death also saw its share of playing the blame game, often with deadly consequences. Among those targeted in the 14th century as being responsible for the plague were Jews, Romani (gypsies), foreigners in general, religious pilgrims, witches, street beggars, lepers, and Catholic friars. The Jewish communities of Strasbourg, Mainz, and Cologne were decimated.
Just as witnessed with Covid-19, “miracle cures” were in abundance during the Black Death. Ineffective treatments included bloodletting and boil lancing. One suggested cure was drinking a concoction of milk and garlic cloves. Others included drinking a solution of ground chicken bones or cold water mixed with vinegar. Other remedies were to burn incense made of frankincense, myrrh, basil aloe, garlic, and grape leaves; inhale strong odors from latrines to overcome the infectious “vapors” of the plague; wash walls with a solution of water and vinegar; and maintain a diet of wheat bread and citrus fruits, while avoiding red meat. Those who believed the plague was a punishment from God engaged in self-flagellation processions through villages and towns. Today, certain world leaders have advocated bleach and disinfectants, vodka, herbal tonics, and ultraviolet and sunlight to cure Covid-19.
Authorities in Venice began requiring arriving ship crews to be kept on board their vessels for 40 days – what was called a “quarantine.” The practice continues to this day as a method by public health authorities to stop the spread of a contagion.
The Rest.HERE


revolutionradio--2020-05-14--Why China’s Move To Test 11 Million Wuhan Residents Could Set Off Firestorm In US

After six new cases in the past days popped in Wuhan , despite health officials thinking corovavirus was finally eradicated in the place of its origin , authorities say they are planning to undertake the hugely ambitious task of testing all of the city ’ s eleven million residents starting in about a week .
It will mark the first mass testing of its scale to be carried out anywhere , with scientists and governments across the globe sure to be interested in the data it produces , given it could portend second wave ‘ flare-ups ’ > in other @ @ @ @ @ @ @ than expected are still being infected in Wuhan .
The six new cases reported Sunday and Monday were the first since the city ’ s strict lockdown was finally opened .
The nightmare scenario is that Wuhan could again be impacted by ‘ resurgent ’ flare-up clusters .
City districts have been ordered to draw up ground level data and a plan needed to test all residents in their area , to be submitted within ten days .
As Bloomberg writes , the drastic and herculean effort that will be involved is driven @ @ @ @ @ @ @ dealing with a serious stealth resurgence of the virus : The ambitious move to test everyone in Wuhan reflects China ’ s anxiety over a resurgence of the epidemic , which it managed to stamp out through draconian restrictions that locked down hundreds of millions of people at its peak in February .
Wuhan was sealed off from Jan. 23 until April 8 in a months-long ordeal that saw scores die as the local health system collapsed .
Should it be the case that new large clusters are found as a result of @ @ @ @ @ @ @ no doubt spark a deeply pessimistic outlook for Europe , Russia and the United States .
Currently the United States , Russia , and the United Kingdom lead the world in confirmed COVID-19 cases , with the European countries of Spain , Italy , France , and Germany following .
Economies have been decimated in the resulting meantime pandemic “ pause ” – and lingering uncertainty over just how long economic shutdowns will last .
The Wuhan data , which could possibly start to produce results in as little as weeks or a @ @ @ @ @ @ @ controversy surrounding the already sensitive debate on reopening in the West .
In short newly uncovered clusters in Wuhan would give leverage to those politicians and state governors in the US pushing to extend lockdown orders , at a key moment the White House is hoping for a national loosening up of business closures and public restrictions .
This also at a time states are increasingly clashing with federal policies for opening back up .
Some recently published controversial scientific models and forecasts designate that many states shouldn ’ t even start opening @ @ @ @ @ @ @ each side , the Wuhan data will likely tip the scales of the debate , either in the optimistic or pessimistic direction .
This entry was posted on Thursday , May 14th , 2020 at 3:43 am and is filed under BioWeapon , God Help Us , Government Evil , Pandemic .
You can follow any responses to this entry through the RSS 2.0 feed .

by Tyler Durden
ZeroHedge.com
Thu, 05/14/2020
After six new cases in the past days popped in Wuhan, despite health officials thinking corovavirus was finally eradicated in the place of its origin, authorities say they are planning to undertake the hugely ambitious task of testing all of the city’s eleven million residents starting in about a week.
It will mark the first mass testing of its scale to be carried out anywhere, with scientists and governments across the globe sure to be interested in the data it produces, given it could portend second wave ‘flare-ups’ >in other countries, should the results show more than expected are still being infected in Wuhan.
The six new cases reported Sunday and Monday were the first since the city’s strict lockdown was finally opened. The nightmare scenario is that Wuhan could again be impacted by ‘resurgent’ flare-up clusters.
City districts have been ordered to draw up ground level data and a plan needed to test all residents in their area, to be submitted within ten days.
As Bloomberg writes, the drastic and herculean effort that will be involved is driven by fears in Beijing they could be dealing with a serious stealth resurgence of the virus:
The ambitious move to test everyone in Wuhan reflects China’s anxiety over a resurgence of the epidemic, which it managed to stamp out through draconian restrictions that locked down hundreds of millions of people at its peak in February. Wuhan was sealed off from Jan. 23 until April 8 in a months-long ordeal that saw scores die as the local health system collapsed.
Should it be the case that new large clusters are found as a result of the mass test push, it will no doubt spark a deeply pessimistic outlook for Europe, Russia and the United States.
Currently the United States, Russia, and the United Kingdom lead the world in confirmed COVID-19 cases, with the European countries of Spain, Italy, France, and Germany following. Economies have been decimated in the resulting meantime pandemic “pause” – and lingering uncertainty over just how long economic shutdowns will last.
The Wuhan data, which could possibly start to produce results in as little as weeks or a month, could spark a firestorm of controversy surrounding the already sensitive debate on reopening in the West.
In short newly uncovered clusters in Wuhan would give leverage to those politicians and state governors in the US pushing to extend lockdown orders, at a key moment the White House is hoping for a national loosening up of business closures and public restrictions. This also at a time states are increasingly clashing with federal policies for opening back up.
Some recently published controversial scientific models and forecasts designate that many states shouldn’t even start opening until mid to late July. For each side, the Wuhan data will likely tip the scales of the debate, either in the optimistic or pessimistic direction.


revolutionradio--2020-05-14--World’s Largest Shipper Warns Of Collapsing Volumes, Dashes Hope For V-Shaped Recovery

A.P .
Moller-Maersk A/S , the world ’ s largest container line , warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20 .
Maersk dashed all hope that a V-shaped recovery will be seen in the back half of the year , rather suggesting a U-shaped recovery is more plausible .
“ Looking into Q2 2020 , visibility remains low as a result of the COVID-19 pandemic .
We continue to support our customers in keeping their supply chains running , however as global demand continues to be significantly affected @ @ @ @ @ @ @ decrease across all businesses , possibly by as much as 20-25 % , ” Soren Skou , Maersk ’ s CEO , was quoted in a company press release .
“ 2020 is a challenging year , but as we proactively respond to lower demands and show progress in our transformation and financial performance , we are strongly positioned to weather the storm , ” Skou said .
Maersk pulled its full-year guidance for 2020 in late March , due to the COVID-19 pandemic that has severely damaged the global economy .
In @ @ @ @ @ @ @ he ’ s expecting “ some sort of U-shaped recovery.
” “ Right now , we believe we are at the bottom and we will probably be here for a while , ” Skou said .
“ But in the third quarter , the fourth quarter , we should start to see some recovery.
” Maersk continued to reaffirm a gloomy outlook but was able to deliver some growth in operating profit for the first quarter .
Revenue increased slightly to $ 9.57 billion , which was better than estimates of $ 9.36 @ @ @ @ @ @ @ 6 % in trade on Wednesday .
When macro matters once more , Maersk shares tend to sell ahead of a global selloff .
Maersk ’ s warning comes as the WTO last month indicated the pandemic will likely result in one of the worst collapses of international trade in the post–World War II economic expansion .
On Tuesday , IMF managing director Kristalina Georgieva said the current global economic outlook continues to deteriorate and has suffered the worst blow since the 1930s .
The fund will publish downward revisions to its global @ @ @ @ @ @ @ .
In mid-April , the IMF forecast a decline of 3 % in global output , with emerging and developing economies contracting by 1 % and advanced economies by more than 6 % in 2020 .
Georgieva spoke with FT on Tuesday , she said : “ With the crisis still spreading , the outlook is worse than our already pessimistic projection .
Without medical solutions on a global scale , for many economies a more adverse development is likely.
” It could take several years or more for global GDP to recover @ @ @ @ @ @ @ late , the V-shaped narrative for the Global and or US economy continues to unravel , suggesting more of a U-shaped or even L-shaped recovery is ahead .
This entry was posted on Thursday , May 14th , 2020 at 3:32 am and is filed under Economics , God Help Us , Government Evil .
You can follow any responses to this entry through the RSS 2.0 feed .

by Tyler Durden
ZeroHedge.com
Thu, 05/14/2020
A.P. Moller-Maersk A/S, the world’s largest container line, warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20. Maersk dashed all hope that a V-shaped recovery will be seen in the back half of the year, rather suggesting a U-shaped recovery is more plausible.
“Looking into Q2 2020, visibility remains low as a result of the COVID-19 pandemic. We continue to support our customers in keeping their supply chains running, however as global demand continues to be significantly affected, we expect volumes in Q2 to decrease across all businesses, possibly by as much as 20-25%,” Soren Skou, Maersk’s CEO, was quoted in a company press release.
“2020 is a challenging year, but as we proactively respond to lower demands and show progress in our transformation and financial performance, we are strongly positioned to weather the storm,” Skou said.
Maersk pulled its full-year guidance for 2020 in late March, due to the COVID-19 pandemic that has severely damaged the global economy. In an interview with Bloomberg, Skou said he’s expecting “some sort of U-shaped recovery.”
“Right now, we believe we are at the bottom and we will probably be here for a while,” Skou said. “But in the third quarter, the fourth quarter, we should start to see some recovery.”
Maersk continued to reaffirm a gloomy outlook but was able to deliver some growth in operating profit for the first quarter. Revenue increased slightly to $9.57 billion, which was better than estimates of $9.36 billion.
Shares in Maersk plunged nearly 6% in trade on Wednesday. When macro matters once more, Maersk shares tend to sell ahead of a global selloff.
Maersk’s warning comes as the WTO last month indicated the pandemic will likely result in one of the worst collapses of international trade in the post–World War II economic expansion.
On Tuesday, IMF managing director Kristalina Georgieva said the current global economic outlook continues to deteriorate and has suffered the worst blow since the 1930s. The fund will publish downward revisions to its global economic forecasts next month, Georgieva said.
In mid-April, the IMF forecast a decline of 3% in global output, with emerging and developing economies contracting by 1% and advanced economies by more than 6% in 2020.
Georgieva spoke with FT on Tuesday, she said: “With the crisis still spreading, the outlook is worse than our already pessimistic projection. Without medical solutions on a global scale, for many economies a more adverse development is likely.”
It could take several years or more for global GDP to recover back to 2019 levels.
Investing legend Stan Druckenmiller called the V-shaped recovery a fantasy during a webcast Tuesday.
As of late, the V-shaped narrative for the Global and or US economy continues to unravel, suggesting more of a U-shaped or even L-shaped recovery is ahead.


revolutionradio--2020-05-14--Fauci Is Fabricating CV-19 Related Illnesses As An Excuse to Keep Americans Locked Up

Atnhony Fauci , the leader of the “ conflicts of interest ” COVID-19 team , is finding news ways to thwart Trump ’ s efforts to reopen the country .
As of yesterday , Fauci has created a new illness that he feels should keep the schools closed this next year .
He says the illness is an off-shoot of COVID-19 , but offers no proof .
The CDC admits they do not have diagnostic criteria to define this illness .
Nor is the illness listed on ICD which is an international coding system for all illnesses for diagnostic and @ @ @ @ @ @ @ to Fauci , this illness is enough to keep the country locked down and will keep the schools closed next year .
A smalll number of children have a rare and potentially deadly inflammatory condition that Fauci says is LIKELY linked to COVID-19 .
I can not say if this illlness is a condition because as of today , it is not defined .
However , one thing can be said with certainty , there is no proof of a link to CV-19 Just yesterday , this unknown and undefined condition was given @ @ @ @ @ @ @ , or PMIS , Nobody is denying that this is not a rare illness .
However , it is not defined and does not meet the scientific conditions , as noted above , to receive any consideration with regard to public policy such as keeping schools closed .
Yet , another fraud perpetrated on the American people which is wrecking our economy and will likely deny Trump a second term .
This entry was posted on Wednesday , May 13th , 2020 at 10:15 pm and is filed under Conspiracy , Corruption , @ @ @ @ @ @ @ Order .
You can follow any responses to this entry through the RSS 2.0 feed .

by Dave Hodges
TheCommonSenseShow.com
Wednesday, May 13, 2020
Atnhony Fauci, the leader of the “conflicts of interest” COVID-19 team, is finding news ways to thwart Trump’s efforts to reopen the country.
As of yesterday, Fauci has created a new illness that he feels should keep the schools closed this next year. He says the illness is an off-shoot of COVID-19, but offers no proof. The CDC admits they do not have diagnostic criteria to define this illness. Nor is the illness listed on ICD which is an international coding system for all illnesses for diagnostic and insurance billing purposes. Yet, according to Fauci, this illness is enough to keep the country locked down and will keep the schools closed next year.
A smalll number of children have a rare and potentially deadly inflammatory condition that Fauci says is LIKELY linked to COVID-19. I cannot say if this illlness is a condition because as of today, it is not defined. However, one thing can be said with certainty, there is no proof of a link to CV-19
Just yesterday, this unknown and undefined condition was given a name. pediatric multisystem inflammatory syndrome, or PMIS,
Nobody is denying that this is not a rare illness. However, it is not defined and does not meet the scientific conditions, as noted above, to receive any consideration with regard to public policy such as keeping schools closed. Yet, another fraud perpetrated on the American people which is wrecking our economy and will likely deny Trump a second term.


revolutionradio--2020-05-14--“Don’t Believe The Happy Talk” – Jim Rickards Warns “This Time ‘Is’ Different”

by James Rickards via The Daily Reckoning , ZeroHedge.com Wed , 05/13/2020 Stocks stumbled the last two days , at least partially on fears about a resurgence in coronavirus cases .
South Korea , which did an excellent job containing the virus , has reported a new batch of cases .
Japan and Singapore also reported new cases .
Infections are increasing in Germany as well , where lockdown restrictions are being lifted .
We can also expect a rise in U.S. cases as several states lift their own restrictions .
From both epidemiological and market perspectives , the pandemic @ @ @ @ @ @ @ Its economic effects are already without precedent… In the midst of this economic collapse , many investors and analysts return reflexively to the 2008 financial panic .
That crisis was severe , and of course trillions of dollars of wealth were lost in the stock market .
That comparison is understandable , but it does not begin to scratch the surface .
This collapse is worse than 2008 , worse than the 2000 dot-com meltdown , worse than the 1998 Russia-LTCM panic , worse than the 1994 Mexican crisis and many more panics @ @ @ @ @ @ @ 1929 and the start of the Great Depression for the right frame of reference .
But even that does not explain how bad things are today .
After October 1929 , the stock market fell 90 % and unemployment hit 24 % .
But that took three years to fully play out , until 1932 .
In this collapse the stock market fell 30 % in a few weeks and unemployment is over 20 % , also in a matter of a few weeks .
Since the stock market has further to fall @ @ @ @ @ @ @ will get to Great Depression levels of collapse in months , not years .
How much worse can the economy get ?
Well , “ Dr .
Doom , ” Nouriel Roubini , can give you some idea .
Roubini earned the nickname Dr. Doom by predicting the 2008 collapse .
He wasn ’ t the only one .
I had been warning of a crash since 2004 , but he deserves a lot of credit for sounding the alarm .
The factors he lists that show the depression will get much worse @ @ @ @ @ @ @ demographics , deflation , currency debasement and de-globalization .
These are all important factors , and all of them go well beyond the usual stock market and unemployment indicators most analysts are using .
Those economists expecting a “ V-shaped ” recovery should take heed .
That ’ s highly unlikely in the face of all these headwinds .
I ’ ve always taken the view that getting a Ph.D. in economics is a major handicap when it comes to understanding the economy .
They teach you a lot of nonsense like the @ @ @ @ @ @ @ , ” efficient markets , comparative advantage , etc .
None of these really works in the real world outside of the classroom .
They then require you to learn complex equations with advanced calculus that bear no relationship to the real world .
If economists want to understand the economy , they should talk to their neighbors and get out of their bubble .
The economy is nothing more than the sum total of all of the complex interactions of the people who make up the economy .
Common sense , anecdotal @ @ @ @ @ @ @ phony models every time .
So what are everyday Americans actually saying ?
According to one survey , 89 % of Americans worry the pandemic could cause a collapse of the U.S. economy .
This view is shared by Republicans and Democrats alike .
Ph.D. economists dislike anecdotal information because it ’ s hard to quantify and does not fit into their neat and tidy ( but wrong ) equations .
But anecdotal information can be extremely important .
With so many Americans fearing a collapse , it could create a self-fulfilling prophesy @ @ @ @ @ @ @ becomes true ( even if it was not true to begin with ) because people behave according to the expectation and cause it to happen .
The technical name for this is a recursive function , also known as a “ feedback loop.
” Whatever you call it , it ’ s happening now .
Based on that view and a lot of other evidence , we can forecast that the depression will get much worse from here despite the initial severity .
But as usual , the Ph.D. crowd will be the @ @ @ @ @ @ @ t believe the happy talk .
We ’ re in a deflationary and debt death spiral that has only just begun… Nothing like what we ’ re witnessing has ever happened before .
Even the savviest analysts can not yet internalize what happened .
As I explained earlier , comparisons to the 2008 crisis or even the 1929 stock market crash that started the Great Depression fail to capture the magnitude of the economic damage of the virus .
You may have to go back to the Black Plague of the mid-14th century @ @ @ @ @ @ @ economy will not return to normal for years .
Some businesses will never return to normal because they ’ ll be bankrupt before they are even allowed to reopen .
Businesses like restaurants , bars , pizza parlors , dry cleaners , hair salons and many similar businesses make up 44 % of total U.S. GDP and 47 % of all jobs .
This is where many of the job losses , shutdowns and lost revenues occurred .
The U.S. government response to the economic collapse has been unprecedented in size and scope @ @ @ @ @ @ @ deficit of about $ 1 trillion for fiscal year 2020 .
Congress added $ 2.2 trillion to that in its first economic bailout bill .
A second bailout bill added an additional $ 500 billion .
Another bill may add another $ 2 trillion to the deficit .
Combining the baseline deficit , enacted legislation and anticipated legislation brings the fiscal 2020 deficit to $ 5.7 trillion .
That ’ s equal to more than 25 % of GDP and will push the U.S. debt-to-GDP ratio to as high as 130 % once @ @ @ @ @ @ @ annualized ) is taken into account .
The previous record debt for the U.S. was about 120 % of GDP at the end of World War II .
This puts the U.S. in the same category as Greece , Lebanon and Japan when it comes to the most heavily indebted countries in the world .
The Federal Reserve is also printing money at an unprecedented rate .
The Fed ’ s balance sheet is already above $ 6.7 trillion , up from about $ 4.5 trillion at the end of QE3 in 2015 @ @ @ @ @ @ @ 2.2 trillion included $ 454 billion of new capital for a special purpose vehicle ( SPV ) managed by the U.S. Treasury Department and the Fed .
Since the Fed is a bank , it can leverage the SPV ’ s $ 454 billion in equity provided by the Treasury into $ 4.54 trillion on its balance sheet .
The Fed could use that capacity to buy corporate debt , junk bonds , mortgages , Treasury notes and municipal bonds and to make direct corporate loans .
Once the Fed is done , @ @ @ @ @ @ @ trillion .
That much is known .
What is not known is how quickly the economy will recover .
The best evidence indicates that the economy will not recover quickly , and an age of low output , high unemployment and deflation is upon us .
Here ’ s why the economic recovery will not exhibit the “ pent-up demand ” and other happy-talk traits you hear about on TV… The first reason the economic downturn will persist is the lost income for individuals .
Unemployment compensation and PPP loans will only scratch @ @ @ @ @ @ @ layoffs , pay cuts , reduced hours , business failures and individuals who are not only unemployed but drop out of the workforce entirely .
In addition to lost wages through layoffs and pay cuts , many other workers are losing pay in the form of tips , bonuses and commissions .
Even a fully employed waitress or salesperson can not collect tips or sales commissions if there are no customers .
This illustrates how the economy is tightly linked so that problems in one sector quickly spread to other sectors .
In @ @ @ @ @ @ @ is a massive loss of business income .
Earnings per share of publicly traded companies are not only declining in the second quarter ( and likely the third quarter ) but many are negative .
Lost business income will be another source of lower stock valuations and a source of dividend cuts .
Reduced dividends are also a source of lost income for individual stockholders who rely on dividends to pay for their retirements or medical expenses .
Programs such as PPP and other direct government-to-business loans will not come close to compensating @ @ @ @ @ @ @ loans ( which can turn into grants ) will help for a month or two but are not a permanent solution to lost customers .
For still other firms , the loans won ’ t help at all because the firms are short of working capital and will simply close their doors for good and file for bankruptcy .
This means the jobs in those enterprises will be permanently lost .
From these straightforward events ( lost individual income , lost business income , dividend cuts and bankruptcies ) come a host of @ @ @ @ @ @ @ is distributed , many recipients will not spend it ( as hoped ) but will save it .
Such savings are called “ precautionary.
” Even if you are not laid off , you may worry that your job is still in jeopardy .
Any income you receive will either go to pay bills or into savings “ just in case.
” In either case , the money will not be used for new spending .
At a time when the economy needs consumption , we will not get it .
The economy @ @ @ @ @ @ @ ” where saving leads to deflation , which increases the value of cash , which leads to more saving .
This pattern was last seen in the Great Depression ( 1929–40 ) and will soon be prevalent again .
Even if individuals were inclined to spend , there would be reduced spending in any case because there are fewer things to spend money on .
Shows and sporting events are called off .
Restaurants and movie theaters are closed .
Travel is almost nonexistent , and no one wants to hop on a @ @ @ @ @ @ @ they can be assured that the risk of COVID-19 is greatly reduced .
This will guarantee a continued slow recovery and persistent deflation , which makes the slow recovery worse .
In addition to these constraints on demand , there are serious constraints on supply .
Global supply chains have been seriously disrupted due to shutdowns and transportation bottlenecks .
Social distancing will slow production even at those facilities that are open and can get needed inputs .
One case of COVID-19 in a factory can cause the entire factory to be shut @ @ @ @ @ @ @ Companies that depend on the output of that factory to manufacture their own products will also be shut down .
Beyond these direct effects of lost income and lost output , there are significant indirect effects on the willingness of entrepreneurs to invest and of individuals to spend .
First among these is the “ wealth effect.
” When stock values drop 20–30 % as they have recently , investors feel poorer even if they have substantial net worth after the drop .
The psychological effect is to cause people to reduce spending @ @ @ @ @ @ @ .
This means that spending cutbacks come not only from the middle class and unemployed but also from wealthier individuals who feel threatened by lost wealth even if they have continued income .
Finally , real estate values will collapse as tenants refuse to pay rent and landlords default on their mortgages , putting properties into foreclosure .
None of these negative economic consequences of the New Depression are amenable to easy fixes by the Congress or the Fed .
Deficit spending will not “ stimulate ” the economy as the recipients of @ @ @ @ @ @ @ money .
The Fed can provide liquidity and keep the lights on in the financial system , but it can not cure insolvency or prevent bankruptcies .
The process will feed on itself expressed as deflation , which will encourage even more savings and discourage consumption .
We ’ re in a deflationary and debt death spiral that has only just begun .
Based on this analysis , investors should expect the recovery from the New Depression to be slow and weak .
The Fed will be out of bullets .
Deficit spending @ @ @ @ @ @ @ because the unprecedented level of debt will cause Americans to expect higher taxes , inflation or both .
The U.S. economy will not recover 2019 levels of GDP until 2022 .
Unemployment will not return even to 5 % until 2026 or later .
This means stocks are far from a bottom .
The S & P 500 Index could easily hit 1,870 ( it ’ s 2,943 as of this writing ) and the Dow Jones Index could fall to 15,000 ( it ’ s 24,360 as of this writing ) .
@ @ @ @ @ @ @ want to consider investing in stocks .
Any effort to “ buy the dips ” in the meantime will just lead to further losses when the full impact of what ’ s described above begins to sink in .
This entry was posted on Wednesday , May 13th , 2020 at 10:08 pm and is filed under Conspiracy , Corruption , Economics , Government Evil , New World Order , Survival .
You can follow any responses to this entry through the RSS 2.0 feed .

by James Rickards via The Daily Reckoning,
ZeroHedge.com
Wed, 05/13/2020
Stocks stumbled the last two days, at least partially on fears about a resurgence in coronavirus cases.
South Korea, which did an excellent job containing the virus, has reported a new batch of cases. Japan and Singapore also reported new cases. Infections are increasing in Germany as well, where lockdown restrictions are being lifted.
We can also expect a rise in U.S. cases as several states lift their own restrictions.
From both epidemiological and market perspectives, the pandemic has a long way to go.
Its economic effects are already without precedent…
In the midst of this economic collapse, many investors and analysts return reflexively to the 2008 financial panic.
That crisis was severe, and of course trillions of dollars of wealth were lost in the stock market. That comparison is understandable, but it does not begin to scratch the surface.
This collapse is worse than 2008, worse than the 2000 dot-com meltdown, worse than the 1998 Russia-LTCM panic, worse than the 1994 Mexican crisis and many more panics.
You have to go back to 1929 and the start of the Great Depression for the right frame of reference.
But even that does not explain how bad things are today. After October 1929, the stock market fell 90% and unemployment hit 24%. But that took three years to fully play out, until 1932.
In this collapse the stock market fell 30% in a few weeks and unemployment is over 20%, also in a matter of a few weeks.
Since the stock market has further to fall and unemployment will rise further, we will get to Great Depression levels of collapse in months, not years. How much worse can the economy get?
Well, “Dr. Doom,” Nouriel Roubini, can give you some idea.
Roubini earned the nickname Dr. Doom by predicting the 2008 collapse. He wasn’t the only one. I had been warning of a crash since 2004, but he deserves a lot of credit for sounding the alarm.
The factors he lists that show the depression will get much worse include excessive debt, defaults, declining demographics, deflation, currency debasement and de-globalization.
These are all important factors, and all of them go well beyond the usual stock market and unemployment indicators most analysts are using. Those economists expecting a “V-shaped” recovery should take heed. That’s highly unlikely in the face of all these headwinds.
I’ve always taken the view that getting a Ph.D. in economics is a major handicap when it comes to understanding the economy.
They teach you a lot of nonsense like the Phillips curve, the “wealth effect,” efficient markets, comparative advantage, etc. None of these really works in the real world outside of the classroom.
They then require you to learn complex equations with advanced calculus that bear no relationship to the real world.
If economists want to understand the economy, they should talk to their neighbors and get out of their bubble.
The economy is nothing more than the sum total of all of the complex interactions of the people who make up the economy. Common sense, anecdotal information and direct observation are better than phony models every time.
So what are everyday Americans actually saying?
According to one survey, 89% of Americans worry the pandemic could cause a collapse of the U.S. economy. This view is shared by Republicans and Democrats alike.
Ph.D. economists dislike anecdotal information because it’s hard to quantify and does not fit into their neat and tidy (but wrong) equations. But anecdotal information can be extremely important.
With so many Americans fearing a collapse, it could create a self-fulfilling prophesy.
If enough people believe something it becomes true (even if it was not true to begin with) because people behave according to the expectation and cause it to happen.
The technical name for this is a recursive function, also known as a “feedback loop.” Whatever you call it, it’s happening now.
Based on that view and a lot of other evidence, we can forecast that the depression will get much worse from here despite the initial severity.
But as usual, the Ph.D. crowd will be the last to know.
You shouldn’t believe the happy talk. We’re in a deflationary and debt death spiral that has only just begun…
Nothing like what we’re witnessing has ever happened before. Even the savviest analysts cannot yet internalize what happened.
As I explained earlier, comparisons to the 2008 crisis or even the 1929 stock market crash that started the Great Depression fail to capture the magnitude of the economic damage of the virus. You may have to go back to the Black Plague of the mid-14th century for the right comparison.
Unfortunately the economy will not return to normal for years. Some businesses will never return to normal because they’ll be bankrupt before they are even allowed to reopen.
Businesses like restaurants, bars, pizza parlors, dry cleaners, hair salons and many similar businesses make up 44% of total U.S. GDP and 47% of all jobs. This is where many of the job losses, shutdowns and lost revenues occurred.
The U.S. government response to the economic collapse has been unprecedented in size and scope. The U.S. has a baseline budget deficit of about $1 trillion for fiscal year 2020. Congress added $2.2 trillion to that in its first economic bailout bill. A second bailout bill added an additional $500 billion. Another bill may add another $2 trillion to the deficit.
Combining the baseline deficit, enacted legislation and anticipated legislation brings the fiscal 2020 deficit to $5.7 trillion. That’s equal to more than 25% of GDP and will push the U.S. debt-to-GDP ratio to as high as 130% once the lost output ($6 trillion annualized) is taken into account. The previous record debt for the U.S. was about 120% of GDP at the end of World War II.
This puts the U.S. in the same category as Greece, Lebanon and Japan when it comes to the most heavily indebted countries in the world.
The Federal Reserve is also printing money at an unprecedented rate. The Fed’s balance sheet is already above $6.7 trillion, up from about $4.5 trillion at the end of QE3 in 2015. The first rescue bill for $2.2 trillion included $454 billion of new capital for a special purpose vehicle (SPV) managed by the U.S. Treasury Department and the Fed.
Since the Fed is a bank, it can leverage the SPV’s $454 billion in equity provided by the Treasury into $4.54 trillion on its balance sheet. The Fed could use that capacity to buy corporate debt, junk bonds, mortgages, Treasury notes and municipal bonds and to make direct corporate loans.
Once the Fed is done, its balance sheet will reach $10 trillion.
That much is known. What is not known is how quickly the economy will recover. The best evidence indicates that the economy will not recover quickly, and an age of low output, high unemployment and deflation is upon us.
Here’s why the economic recovery will not exhibit the “pent-up demand” and other happy-talk traits you hear about on TV…
The first reason the economic downturn will persist is the lost income for individuals. Unemployment compensation and PPP loans will only scratch the surface of total lost income from layoffs, pay cuts, reduced hours, business failures and individuals who are not only unemployed but drop out of the workforce entirely.
In addition to lost wages through layoffs and pay cuts, many other workers are losing pay in the form of tips, bonuses and commissions. Even a fully employed waitress or salesperson cannot collect tips or sales commissions if there are no customers. This illustrates how the economy is tightly linked so that problems in one sector quickly spread to other sectors.
In addition to lost individual income, there is a massive loss of business income. Earnings per share of publicly traded companies are not only declining in the second quarter (and likely the third quarter) but many are negative.
Lost business income will be another source of lower stock valuations and a source of dividend cuts. Reduced dividends are also a source of lost income for individual stockholders who rely on dividends to pay for their retirements or medical expenses.
Programs such as PPP and other direct government-to-business loans will not come close to compensating for the losses described above. The loans (which can turn into grants) will help for a month or two but are not a permanent solution to lost customers.
For still other firms, the loans won’t help at all because the firms are short of working capital and will simply close their doors for good and file for bankruptcy. This means the jobs in those enterprises will be permanently lost.
From these straightforward events (lost individual income, lost business income, dividend cuts and bankruptcies) come a host of ripple effects.
Once the government aid is distributed, many recipients will not spend it (as hoped) but will save it. Such savings are called “precautionary.” Even if you are not laid off, you may worry that your job is still in jeopardy. Any income you receive will either go to pay bills or into savings “just in case.”
In either case, the money will not be used for new spending. At a time when the economy needs consumption, we will not get it. The economy will fall into a “liquidity trap” where saving leads to deflation, which increases the value of cash, which leads to more saving. This pattern was last seen in the Great Depression (1929–40) and will soon be prevalent again.
Even if individuals were inclined to spend, there would be reduced spending in any case because there are fewer things to spend money on. Shows and sporting events are called off. Restaurants and movie theaters are closed. Travel is almost nonexistent, and no one wants to hop on a cruise ship or visit a resort until they can be assured that the risk of COVID-19 is greatly reduced.
This will guarantee a continued slow recovery and persistent deflation, which makes the slow recovery worse.
In addition to these constraints on demand, there are serious constraints on supply. Global supply chains have been seriously disrupted due to shutdowns and transportation bottlenecks. Social distancing will slow production even at those facilities that are open and can get needed inputs.
One case of COVID-19 in a factory can cause the entire factory to be shut down for a two-week quarantine period. Companies that depend on the output of that factory to manufacture their own products will also be shut down.
Beyond these direct effects of lost income and lost output, there are significant indirect effects on the willingness of entrepreneurs to invest and of individuals to spend.
First among these is the “wealth effect.” When stock values drop 20–30% as they have recently, investors feel poorer even if they have substantial net worth after the drop. The psychological effect is to cause people to reduce spending even if they can afford not to.
This means that spending cutbacks come not only from the middle class and unemployed but also from wealthier individuals who feel threatened by lost wealth even if they have continued income.
Finally, real estate values will collapse as tenants refuse to pay rent and landlords default on their mortgages, putting properties into foreclosure.
None of these negative economic consequences of the New Depression are amenable to easy fixes by the Congress or the Fed.
Deficit spending will not “stimulate” the economy as the recipients of the spending will pay bills or save money. The Fed can provide liquidity and keep the lights on in the financial system, but it cannot cure insolvency or prevent bankruptcies.
The process will feed on itself expressed as deflation, which will encourage even more savings and discourage consumption. We’re in a deflationary and debt death spiral that has only just begun.
Based on this analysis, investors should expect the recovery from the New Depression to be slow and weak. The Fed will be out of bullets. Deficit spending will slow growth rather than stimulate it because the unprecedented level of debt will cause Americans to expect higher taxes, inflation or both.
The U.S. economy will not recover 2019 levels of GDP until 2022.
Unemployment will not return even to 5% until 2026 or later.
This means stocks are far from a bottom.
The S&P 500 Index could easily hit 1,870 (it’s 2,943 as of this writing) and the Dow Jones Index could fall to 15,000 (it’s 24,360 as of this writing).
Those are levels at which investors might want to consider investing in stocks.
Any effort to “buy the dips” in the meantime will just lead to further losses when the full impact of what’s described above begins to sink in.
Got gold?


revolutionradio--2020-05-14--Governor Inslee Is Creating a Brave New World In the State of Washington

Washington Governor Inslee ’ s Firing Brave Cops and Keeping a Data Base On You !
Why ?
Any refusal to comply with database policies will result in criminal penalties Washington Governor Inslee ’ s Creating a Brave New World !
This is the unveiling of the 4th Reich .
The late Jim Marrs wrote the book , The 4th Reich in which he detailed what Hitler did was appearing in America in a modern technological context .
With fascist ideals that the government has the right to know everything about you in an effort to control your every move @ @ @ @ @ @ @ stated that he would give back , someday , your right to go to a business , the governor further said that business must record your personal information and turn it into the government .
This contact tracing is only valid in the first few days of a pandemic .
So medical purposes cvan be excluded .
The reasons are tied to technocracy , technocracy that will enslave all of us .
With the passage of HR 666 6 , contact tracers come get you out of your house and take you to @ @ @ @ @ @ @ have to tell your family where you are going .
This is the NDAA of the medical field .
They can also take your family and anyone else you have had contact with .
This is the medical excuse to implement “ snatch and grab ” practices found in HR 666 6 .
Both myself and Celest Solum have been warning about this for years .
Reminder , you can see Celeste ’ s presentation , as well as other like-minded people at the GEN SIX conference .
Click here to register .
@ @ @ @ @ @ @ on demand is available as well and DVD ’ s can also be ordered .
A full explanation f the takedown and continual imprisonment of America is listed right here in the following broadcast .
This entry was posted on Thursday , May 14th , 2020 at 4:47 pm and is filed under Communists , Conspiracy , Corruption , God Help Us , Government Evil , Martial Law , Police State , Population Control .
You can follow any responses to this entry through the RSS 2.0 feed .

by Dave Hodges
TheCommonSenseShow.com
Thursday, May 14, 2020
Washington Governor Inslee’s Firing Brave Cops and Keeping a Data Base On You! Why? Any refusal to comply with database policies will result in criminal penalties
Washington Governor Inslee’s Creating a Brave New World! This is the unveiling of the 4th Reich. The late Jim Marrs wrote the book, The 4th Reich in which he detailed what Hitler did was appearing in America in a modern technological context. With fascist ideals that the government has the right to know everything about you in an effort to control your every move!
Washington Governor Inslee, when he stated that he would give back, someday, your right to go to a business, the governor further said that business must record your personal information and turn it into the government. This contact tracing is only valid in the first few days of a pandemic. So medical purposes cvan be excluded. The reasons are tied to technocracy, technocracy that will enslave all of us.
With the passage of HR 666 6, contact tracers come get you out of your house and take you to an undisclosed location and they do not have to tell your family where you are going. This is the NDAA of the medical field. They can also take your family and anyone else you have had contact with. This is the medical excuse to implement “snatch and grab” practices found in HR 666 6. Both myself and Celest Solum have been warning about this for years.
Reminder, you can see Celeste’s presentation, as well as other like-minded people at the GEN SIX conference. Click here to register.
The conference begins tomorrow. Delayed video on demand is available as well and DVD’s can also be ordered.
A full explanation f the takedown and continual imprisonment of America is listed right here in the following broadcast.


revolutionradio--2020-05-14--Lacking Resolve, Most Americans Have Already Accepted Their FEMA Camp Fate

America has many brave and intelligent people .
However , we don ’ t have enough brave and intelligent people .
There is a core of Americans capable of resisting the tyrannical takeover of our country .
However , these great Americans , do not have the civilian “ foot soldiers ” behind them .
Too many of our fellow countrymen have become what Thomas Paine , in his Common Sense writings , “ Sunshine Patriots ” .
This point is exemplified in two places in our country , Fresno , CA .
and Seattle , Washington .
Yesterday , @ @ @ @ @ @ @ with horrible language to play here ) in which average citizens in Fresno , CA .
blocked the entrance to a restaurant in order that the police could not enter .
The restaurant was bravely and flagrantly disobeying Newsom ’ s lockdown order , which he awaits the completion of the Gate/Fauci vaccine .
These Americans were incredibly brave and the police , for the 20 minutes that the video lasts , never made it into the store , despite arrests that were made .
The Fresno Police did indeed represent jack-booted Nazi @ @ @ @ @ @ @ incomes , they violate social-distancing but they were denying the right for average Americans to put food on the table of their kids .
A few blocks away , a Walmart is open for business and they have no restrictions on people that are being enforced .
This is a flagrant abuse of the 1st Amendment , 5th Amendment and the 14th Amendment to the Constitution .
Unfortunately , I only counted about 30 people , maximum in the video .
There should have been 3,000 people who rallied at the restaurant .
@ @ @ @ @ @ @ !
I have called for 1 million people in California to flock to the beach in violation of Newsom ’ s unconstitutional order .
I have called on all businesses to open up .
I have also called for people to not shop at the box stores ( eg Walmart ) who are receiving undue preferential treatment under the law .
The people must paralyze government ’ s ability to respond .
The use of MLK sit down strikes is appropriate at this point .
Isn ’ t it ironic that Newsome lets @ @ @ @ @ @ @ jail because they might contract CV-19 , and we are putting law-abiding Americans , turned into criminals through unconstitutional edicts into the same jails and prisons ?
This is the illogic and immorality of the left on display for all to see .
Yet , there is one thing missing .
What ’ s missing are people with courage .
The numbers to bring this tyrannical new and unconstitutional government to its knees are not there .
The American male has been sissified .
I see more acts of courage from the single @ @ @ @ @ @ @ , in general , that I do from the men .
Where have all the real men gone ?
This entry was posted on Thursday , May 14th , 2020 at 2:42 pm and is filed under God Help Us , Government Evil , Land Of The Sheep , Martial Law , Police State , Population Control .
You can follow any responses to this entry through the RSS 2.0 feed .

by Dave Hodges
TheCommonSenseShow.com
Thursday, May 14, 2020
America has many brave and intelligent people. However, we don’t have enough brave and intelligent people. There is a core of Americans capable of resisting the tyrannical takeover of our country. However, these great Americans, do not have the civilian “foot soldiers” behind them. Too many of our fellow countrymen have become what Thomas Paine, in his Common Sense writings, “Sunshine Patriots”. This point is exemplified in two places in our country, Fresno, CA. and Seattle, Washington.
Fresno Resists Tyranny-“kind of”-
Yesterday, I watched a video (too filled with horrible language to play here) in which average citizens in Fresno, CA. blocked the entrance to a restaurant in order that the police could not enter. The restaurant was bravely and flagrantly disobeying Newsom’s lockdown order, which he awaits the completion of the Gate/Fauci vaccine. These Americans were incredibly brave and the police, for the 20 minutes that the video lasts, never made it into the store, despite arrests that were made. The Fresno Police did indeed represent jack-booted Nazi thugs. These so-called police have their incomes, they violate social-distancing but they were denying the right for average Americans to put food on the table of their kids. A few blocks away, a Walmart is open for business and they have no restrictions on people that are being enforced. This is a flagrant abuse of the 1st Amendment, 5th Amendment and the 14th Amendment to the Constitution.
Unfortunately, I only counted about 30 people, maximum in the video. There should have been 3,000 people who rallied at the restaurant. Then 3,000 people should have become 300,000! I have called for 1 million people in California to flock to the beach in violation of Newsom’s unconstitutional order. I have called on all businesses to open up. I have also called for people to not shop at the box stores (eg Walmart) who are receiving undue preferential treatment under the law. The people must paralyze government’s ability to respond.
The use of MLK sit down strikes is appropriate at this point. Isn’t it ironic that Newsome lets out murderers, rapists and pedophiles from jail because they might contract CV-19, and we are putting law-abiding Americans, turned into criminals through unconstitutional edicts into the same jails and prisons? This is the illogic and immorality of the left on display for all to see. Yet, there is one thing missing. What’s missing are people with courage. The numbers to bring this tyrannical new and unconstitutional government to its knees are not there. The American male has been sissified. I see more acts of courage from the single moms of this country and from women, in general, that I do from the men. Where have all the real men gone?
The Rest…HERE