investmentwatchblog--2020-05-05--18 Signs That We Are Facing A Record Breaking Economic Implosion In 2020

In just six weeks , the entire global economy has completely come apart .
All over the world we are seeing numbers fall faster than we ever have before , and the outlook for the rest of the year is exceedingly bleak .
Fear of the coronavirus is going to paralyze global trade for the foreseeable future , and the lockdowns in some nations will last for many months to come .
Here in the United States , some states are attempting to make an effort to “ reopen ” , but in most instances that will involve “ multiple @ @ @ @ @ @ @ millions of Americans have already lost their jobs , much of the population has already run through their meager savings , and financial institutions are becoming extremely tight with their money .
Even if COVID-19 disappeared tomorrow , our momentum would still take us into an economic depression , but of course this virus isn ’ t going to disappear any time soon .
After 9/11 our society evolved into an anti-terror state , and COVID-19 is going to permanently alter our society as well .
So anyone that was hoping for a @ @ @ @ @ @ @ forget it , because “ normal ” is about to be completely redefined .
The pace at which economic conditions have deteriorated in recent weeks has been absolutely breathtaking , and the numbers just keep getting worse and worse .
The following are 18 signs that we are facing a record breaking economic implosion in 2020… # 1 According to economists surveyed by the Wall Street Journal , the April jobs report will show that the unemployment rate in the United States is now above 16 percent .
# 2 U.S. manufacturing orders @ @ @ @ @ @ @ # 3 U.S. gasoline consumption just dropped to the lowest level ever recorded .
# 4 Light vehicle sales in the U.S. just fell to the lowest level that we have seen since the early 1970s .
# 5 The government program that was supposed to get small businesses through this crisis has been a tremendous failure… # 6 The “ coming meat shortages ” are already here .
According to the New York Post , Costco is now rationing meat and Kroger is warning customers of very serious supply problems… Costco on @ @ @ @ @ @ @ to just three packages of meat per shopper , while Kroger supermarkets posted an alert on the meat section of its website warning that it may have limited inventory “ due to high demand.
” Grocers have been bracing for a run on meat in mid-May as major meat processing plants , including Tyson Foods , have been forced to shut down production .
But the shortages appear to have come earlier than expected as consumers worried about the meat shortage have been stocking up , experts say .
# 7 Global smartphone @ @ @ @ @ @ @ first quarter compared to a year ago .
That represents the fastest drop on record .
# 8 Hong Kong just recorded the worst economic contraction in the city ’ s entire history .
# 9 U.S. consumer spending was down 7.6 percent during the first quarter of 2020 .
# 10 American Airlines posted a loss of 2.2 billion dollars during the first quarter of 2020 .
# 11 It looks like retail giants Neiman Marcus , J .
Crew and JC Penney are all headed for bankruptcy .
# 12 Fox @ @ @ @ @ @ @ to file for bankruptcy due to plunging car rental ridership .
# 14 Edmunds is projecting that auto sales in the United States this month will be down by more than half compared to April 2019 .
# 15 In Mexico , manufacturing activity is falling at the fastest pace ever recorded .
The following comes from Zero Hedge… # 16 More than 30 million Americans have already lost their jobs , and economists are projecting that millions more will lose their jobs in the weeks ahead .
# 17 In March , @ @ @ @ @ @ @ percentages in every region of the country .
# 18 White House economic adviser Kevin Hassett is warning that U.S. GDP could fall by up to 30 percent during the second quarter of 2020 .
For investors , the good news is that stock prices have bounced back quite a bit after the initial crash , and many market optimists are hoping that this Fed-fueled rally will keep on rolling .
But others are warning that this is a trap for bullish investors , and Kevin Smith is openly telling everyone that this @ @ @ @ @ @ @ sell ” before another huge move downward… We shall see what happens , but for the moment the financial markets are doing their best to try to defy economic reality .
Unfortunately , economic reality is hitting most Americans like a ton of bricks right now .
We are in the middle of the greatest spike in unemployment that the United States has ever seen by a very wide margin , and most of the jobs that have been lost are never coming back .
And as bad as things are already , @ @ @ @ @ @ @ the beginning .
A whole lot more pain is on the way , and it is going to shake our nation to the core .
Our economic and financial bubbles lasted far longer than they should have , but now fear of COVID-19 has burst them all , and it isn ’ t going to be possible to reinflate them this time around .

by Michael Snyder
In just six weeks, the entire global economy has completely come apart. All over the world we are seeing numbers fall faster than we ever have before, and the outlook for the rest of the year is exceedingly bleak. Fear of the coronavirus is going to paralyze global trade for the foreseeable future, and the lockdowns in some nations will last for many months to come. Here in the United States, some states are attempting to make an effort to “reopen”, but in most instances that will involve “multiple stages”. Meanwhile, tens of millions of Americans have already lost their jobs, much of the population has already run through their meager savings, and financial institutions are becoming extremely tight with their money. Even if COVID-19 disappeared tomorrow, our momentum would still take us into an economic depression, but of course this virus isn’t going to disappear any time soon. After 9/11 our society evolved into an anti-terror state, and COVID-19 is going to permanently alter our society as well. So anyone that was hoping for a quick “return to normal” can forget it, because “normal” is about to be completely redefined.
The pace at which economic conditions have deteriorated in recent weeks has been absolutely breathtaking, and the numbers just keep getting worse and worse.
The following are 18 signs that we are facing a record breaking economic implosion in 2020…
#1 According to economists surveyed by the Wall Street Journal, the April jobs report will show that the unemployment rate in the United States is now above 16 percent.
#2 U.S. manufacturing orders just crashed by the most ever.
#3 U.S. gasoline consumption just dropped to the lowest level ever recorded.
#4 Light vehicle sales in the U.S. just fell to the lowest level that we have seen since the early 1970s.
#5 The government program that was supposed to get small businesses through this crisis has been a tremendous failure…
According to the CNBC/SurveyMonkey Small Business Survey released Monday, which surveyed 2,200 small business owners across America, while the $660 billion Paycheck Protection Program was instituted to give them a lifeline through the coronavirus and economic shutdown, only 13% of the 45% who applied for the PPP were approved.
#6 The “coming meat shortages” are already here. According to the New York Post, Costco is now rationing meat and Kroger is warning customers of very serious supply problems…
Costco on Monday said it will be limiting customers to just three packages of meat per shopper, while Kroger supermarkets posted an alert on the meat section of its website warning that it may have limited inventory “due to high demand.” Grocers have been bracing for a run on meat in mid-May as major meat processing plants, including Tyson Foods, have been forced to shut down production. But the shortages appear to have come earlier than expected as consumers worried about the meat shortage have been stocking up, experts say.
#7 Global smartphone shipments were down 11.7 percent in the first quarter compared to a year ago. That represents the fastest drop on record.
#8 Hong Kong just recorded the worst economic contraction in the city’s entire history.
#9 U.S. consumer spending was down 7.6 percent during the first quarter of 2020.
#10 American Airlines posted a loss of 2.2 billion dollars during the first quarter of 2020.
#11 It looks like retail giants Neiman Marcus, J. Crew and JC Penney are all headed for bankruptcy.
We are primarily funded by readers. Please subscribe and donate to support us!
#12 Fox Business is reporting that Hertz is preparing to file for bankruptcy due to plunging car rental ridership.
#13 Gold’s Gym field for bankruptcy on Monday.
#14 Edmunds is projecting that auto sales in the United States this month will be down by more than half compared to April 2019.
#15 In Mexico, manufacturing activity is falling at the fastest pace ever recorded. The following comes from Zero Hedge…
While few have lofty expectations for economic performance with the global economy still largely shutdown, what is happening in Mexico is simply unprecedented. Here are some striking observations detailing the unprecedented economic collapse of the southern US neighbor, courtesy of Goldman. Business confidence declined sharply in April (the seventh consecutive monthly decline) with the index now sitting deep within pessimist territory. The Manufacturing and Services PMIs also fell sharply in April, and are now at the lowest levels on record.
#16 More than 30 million Americans have already lost their jobs, and economists are projecting that millions more will lose their jobs in the weeks ahead.
#17 In March, U.S. home sales declined by double digit percentages in every region of the country.
#18 White House economic adviser Kevin Hassett is warning that U.S. GDP could fall by up to 30 percent during the second quarter of 2020.
For investors, the good news is that stock prices have bounced back quite a bit after the initial crash, and many market optimists are hoping that this Fed-fueled rally will keep on rolling.
But others are warning that this is a trap for bullish investors, and Kevin Smith is openly telling everyone that this could be the “last chance to sell” before another huge move downward…
The stock market may be flashing some ridiculously bullish signals, but hedge fund bear Kevin Smith is sticking by his prediction that the Dow and S&P 500 are on the verge of a Great Depression-level crash. In fact, the Crescat Capital founder warns, this is your “last chance to sell” before the impending collapse.
We shall see what happens, but for the moment the financial markets are doing their best to try to defy economic reality.
Unfortunately, economic reality is hitting most Americans like a ton of bricks right now. We are in the middle of the greatest spike in unemployment that the United States has ever seen by a very wide margin, and most of the jobs that have been lost are never coming back.
And as bad as things are already, the truth is that this is just the beginning.
A whole lot more pain is on the way, and it is going to shake our nation to the core.
Our economic and financial bubbles lasted far longer than they should have, but now fear of COVID-19 has burst them all, and it isn’t going to be possible to reinflate them this time around.


investmentwatchblog--2020-05-05--Are equities the most expensive since the dot-com bubble?

Are equities the most expensive since the dot-com bubble ?
pic.twitter.com/28fCLCVfTO

Are equities the most expensive since the dot-com bubble? pic.twitter.com/28fCLCVfTO
— Mo Hossain (@MoHossain) May 5, 2020


investmentwatchblog--2020-05-05--Chinese Unemployment reported at 20% before the report was wiped from the internet

Use a translator for the link Mainland brokerages recently released report shows that mainland unemployment population reached 7,000 million , and the unemployment rate should be 20 % , the data is much higher than the CCP official published data .
According to the port media 4 months 27 daily guide , the report is in Tai Securities chief economist Lee Thunder team on Saturday published .
Currently , the report has been removed from the online deleted .
The report concluded that the CCP released the Chinese unemployment rate and economic situation of apparent divergence .
The United States @ @ @ @ @ @ @ the economic cycle has a significant negative correlation , while in China the two sets of unemployment indicators and economic cycles , the correlation is not high .
China 3 Mar city town survey the unemployment rate fell to 5 .
9 % , with the end of last year compared to only rise 0 .
7 % , with other economic indicators fell sharply not too match .
The report said , the mainland of the two sets of unemployment statistics need substantial improvements .
Registered urban unemployment rate only in government @ @ @ @ @ @ @ of the personnel statistics for the unemployed , there is a significant leakage calculation .
And towns survey unemployment rate and not a true reflection of migrant workers to the unemployment problem , resulting in the depiction of the unemployment situation , there are obvious defects .
For example , a quarterly survey unemployment rate rising amplitude is very small , but Chinese migrant workers go out work the number of year-on-year decrease of more than 5000 million .
In the bad economic situation of the time , migrant workers due to inability @ @ @ @ @ @ @ to return to the countryside when farmers , which in fact also belongs to the unemployed .

Use a translator for the link
info.51.ca/news/china/2020-04/881818.html?fbclid=IwAR1UWnOgESpgvprstXGi_DEOlhvHpMNbofFKBvWvZzX2FgsZ_UUkxgVxBaw
Mainland brokerages recently released report shows that mainland unemployment population reached 7,000 million, and the unemployment rate should be 20%, the data is much higher than the CCP official published data.
According to the port media 4 months 27 daily guide, the report is in Tai Securities chief economist Lee Thunder team on Saturday published. Currently, the report has been removed from the online deleted.
The report concluded that the CCP released the Chinese unemployment rate and economic situation of apparent divergence. The United States, the Euro area unemployment rate and the economic cycle has a significant negative correlation, while in China the two sets of unemployment indicators and economic cycles, the correlation is not high. China 3 Mar city town survey the unemployment rate fell to 5. 9%, with the end of last year compared to only rise 0. 7%, with other economic indicators fell sharply not too match.
The report said, the mainland of the two sets of unemployment statistics need substantial improvements. Registered urban unemployment rate only in government registration and comply with the unemployment conditions of the personnel statistics for the unemployed, there is a significant leakage calculation. And towns survey unemployment rate and not a true reflection of migrant workers to the unemployment problem, resulting in the depiction of the unemployment situation, there are obvious defects. For example, a quarterly survey unemployment rate rising amplitude is very small, but Chinese migrant workers go out work the number of year-on-year decrease of more than 5000 million. In the bad economic situation of the time, migrant workers due to inability to find city jobs and were forced to return to the countryside when farmers, which in fact also belongs to the unemployed.


investmentwatchblog--2020-05-05--SARS-COV-2 Is Able To Alter Its Genetic Signature

I have seen this in viral pathogens , like HIV .
And , since COV2 , which is a modified virus , was provided with HIV , long-chain , genetic material..it is quite possible the specific HIV splice used was chosen to provide COV2 with HIV ’ s ability to alter its genetic signature enough to present as a new virus , or strain .
We used to call this characteristic “ phase-shifting , ” wherein a virus would “ shuffle ” a portion of its RNA sequence just enough to fool the human immune system into considering it to @ @ @ @ @ @ @ the immune system to create new lymphocytes , macrophages , and antibodies to fight it .
This ability of a virus to alter its code enough to seem to be a brand new virus , which we specifically adapted for use in biowarfare viral pathogens , makes creating a vaccine impossible for such an pathogen , unless it targets the non-shifting portion of the virus protein coating .
This is why you have not seen an effective vaccine for HIV , and , if COV2 was provided this same ability with its HIV @ @ @ @ @ @ @ vaccine for it , too .
But , FEAR NOT !
Instead of a vaccine , which relies on a stable genetic signature , a phase-shifting virus can be effected by a nucleotide serum , designed to attach to the “ shifting ” virus , via a specific receptor , which has the effect of preventing the virus from being able to scramble its signature .
Basically , when the serum attaches to the virus , it freezes its signature at that time…and , if the immune system is still able , the @ @ @ @ @ @ @ which can no longer evade targeted antibodies .
The problem with a serum is determining the sequence of its genetic material so it may attach and stop the virus from shifting .
This is a very hard thing to do , and few countries have this capability .
This is why the biowarfare pathogens we developed , which use the phase-shifting capability to make any enemy counter to it impossible , have an established serum already developed , BEFORE , the pathogen is put into play .
But , things can happen !
@ @ @ @ @ @ @ trained in these type of weapons… ” What happens if the receptor on the virus mutates in the natural environment…or…if the virus , once it is worldwide , naturally mutates in such a way as to make our nucleotide serum for it cease to work ?
” “ In that case , ” he said , “ even our familiarity with the pathogen would not allow us to formulate a new , effective , serum…and we are all screwed.
” “ Why would we EVER release such a weapon ?
” I asked @ @ @ @ @ @ @ outbreak of an imminent nuclear war , ” the instructor replied .
“ At the first indication of an eventual war , ” he explained , “ the weapon is released and it begins to create casualties in various populations around the world .
AS the world begins to panic , and efforts to control the new disease fail , we eventually let the enemy government come to understand WE have a cure for the disease , which we will gladly let them have…IF they stand down their forces and perform other tasks @ @ @ @ @ @ @ .
“ Even if you NUKE us , and WIN the war , the pathogen will STILL BE OUT THERE , and will eventually KILL ALL OF YOU…and the cure we have for it will vanish with your victory.
” If the virus was released on purpose , it would mean a serum may exist .
If the virus was accidentally released , there may not have been any time before hand to develop a cure .
So , it is always better for such an agent to be a deliberate release .
@ @ @ @ @ @ @ of rapid mutation and all the new strains , are not just mistaken symptoms for a virus , which has the ability to phase-shift….just like HIV .
Disclaimer : This is a guest post and it doesn ’ t necessarily represent the views of IWB .

by Ision
I have seen this in viral pathogens, like HIV. And, since COV2, which is a modified virus, was provided with HIV, long-chain, genetic material..it is quite possible the specific HIV splice used was chosen to provide COV2 with HIV’s ability to alter its genetic signature enough to present as a new virus, or strain.
We used to call this characteristic “phase-shifting,” wherein a virus would “shuffle” a portion of its RNA sequence just enough to fool the human immune system into considering it to be a new viral invader and causing the immune system to create new lymphocytes, macrophages, and antibodies to fight it.
This ability of a virus to alter its code enough to seem to be a brand new virus, which we specifically adapted for use in biowarfare viral pathogens, makes creating a vaccine impossible for such an pathogen, unless it targets the non-shifting portion of the virus protein coating.
This is why you have not seen an effective vaccine for HIV, and, if COV2 was provided this same ability with its HIV splice, you will never see a vaccine for it, too.
But, FEAR NOT! Instead of a vaccine, which relies on a stable genetic signature, a phase-shifting virus can be effected by a nucleotide serum, designed to attach to the “shifting” virus, via a specific receptor, which has the effect of preventing the virus from being able to scramble its signature. Basically, when the serum attaches to the virus, it freezes its signature at that time…and, if the immune system is still able, the body can deal with the pathogen, which can no longer evade targeted antibodies.
The problem with a serum is determining the sequence of its genetic material so it may attach and stop the virus from shifting. This is a very hard thing to do, and few countries have this capability.
This is why the biowarfare pathogens we developed, which use the phase-shifting capability to make any enemy counter to it impossible, have an established serum already developed, BEFORE, the pathogen is put into play.
We are primarily funded by readers. Please subscribe and donate to support us!
But, things can happen! I asked my instructor, when being trained in these type of weapons…”What happens if the receptor on the virus mutates in the natural environment…or…if the virus, once it is worldwide, naturally mutates in such a way as to make our nucleotide serum for it cease to work?”
“In that case,” he said, “even our familiarity with the pathogen would not allow us to formulate a new, effective, serum…and we are all screwed.”
“Why would we EVER release such a weapon?” I asked, alarmed.
“To avoid the outbreak of an imminent nuclear war,” the instructor replied. “At the first indication of an eventual war,” he explained, “the weapon is released and it begins to create casualties in various populations around the world. AS the world begins to panic, and efforts to control the new disease fail, we eventually let the enemy government come to understand WE have a cure for the disease, which we will gladly let them have…IF they stand down their forces and perform other tasks, which we wish them to do.
“Even if you NUKE us, and WIN the war, the pathogen will STILL BE OUT THERE, and will eventually KILL ALL OF YOU…and the cure we have for it will vanish with your victory.”
If the virus was released on purpose, it would mean a serum may exist. If the virus was accidentally released, there may not have been any time before hand to develop a cure. So, it is always better for such an agent to be a deliberate release.
I just hope the COV2 virus display of rapid mutation and all the new strains, are not just mistaken symptoms for a virus, which has the ability to phase-shift….just like HIV.
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-05-05--America Has Become “The Land Of The Snitches” During This Coronavirus Pandemic

For those that wondered if Americans would be willing to report on their neighbors on a widespread basis during a major crisis , you now have your answer .
All over the country , calls have been pouring in to authorities from “ concerned citizens ” that are quite eager to point a finger at their neighbors for violating the coronavirus lockdowns .
In fact , it has been reported that some very nosy people in the state of California were actually calling 911 to report that their neighbors were coughing inside their own homes .
Of course the mainstream @ @ @ @ @ @ @ they use phrases such as “ death sentence ” to describe this pandemic .
Yes , we should all be taking this virus very seriously , but the truth is that this is not the end of the world and everyone needs to calm down .
Do we really want to have a society where everyone is spying on their neighbors ?
When I read that a mother in Wisconsin had been visited by the police because she had permitted her daughter to go play at a friend ’ s house , it @ @ @ @ @ @ @ Wisconsin mom videotaped two police officers who showed up at her home and accused her of “ allowing ” her daughter to play at a friend ’ s house , an act they deemed to be in defiance of Wisconsin ’ s “ Stay at Home ” order .
The officers are clearly agitated and condescending in their conversation with the mother , who is addressed as “ Amy ” when she opens the door upon their arrival .
So how did the police know that her daughter had gone to another house @ @ @ @ @ @ @ someone snitched on her .
And this next story is truly bizarre .
A Colorado woman named Heather Silchia was deeply alarmed when she discovered that her “ neighbors ” had put a really nasty note on her vehicle… The missive read , “ PLEASE STAY HOME .
I noticed a few days a week you leave home with your baby and return a short time later without it .
Then I see the man of the house arrive with the baby later in the afternoon while your vehicle hasn ’ t moved @ @ @ @ @ @ @ believe that the kid is in daycare.
” The letter continued , “ Stop .
I am assuming that man has an essential job since he is gone all day but if you are home there is no reason for your child to be in daycare at a time like this .
I also see you leave shortly after your husband ( I assume ) gets home .
You aren ’ t wearing any sort of uniform and I have never seen you wear a mask .
Bars are closed and you couldn @ @ @ @ @ @ @ night ( which would also require you to wear a mask ) so I again ask you to please stay home.
” Well , it turns out that Heather Silchia is actually a 911 dispatcher , and that is why she can ’ t watch her baby all day .
And we should be thankful for front line workers like her , because they are so greatly needed during a time like this .
Sadly , the examples that I have just shared with you are not isolated incidents .
In fact , @ @ @ @ @ @ @ hundreds of people that have been snitching on their neighbors in the state of Missouri alone… Hundreds of people have been exposed for reporting people who have flouted social distancing rules and some are now scared they could receive a backlash .
The names and addresses of approximately 900 people in Missouri were released as part of a media request under the Sunshine Law , which allows for the release of information submitted to a public agency ( except for wrongdoing and abuse tips ) .
St. Louis County had urged the community @ @ @ @ @ @ @ guidelines in response to the coronavirus pandemic and noted in the terms and conditions that information may be shared publicly .
However some people may not have read the small print submitted tips via an online form and email from the end of March .
Many had asked for their communications to remain private .
If things are this bad in Missouri , one can only imagine the level of snitching that is happening in New York or California .
And even though some states are starting to gradually lift their “ shelter-in-place @ @ @ @ @ @ @ our society is going to be dealing with “ social distancing ” for a long time to come .
In fact , the way that we share many of our public spaces is in danger of being permanently redefined… Are you kidding me ?
Of course snitches will have a field day in this sort of an environment .
If you sit too close to a snitch in church or you walk too closely behind a snitch on the sidewalk , you may find yourself explaining your actions to the police .
And @ @ @ @ @ @ @ of this nonsense is even necessary .
Please take two and a half minutes and watch this video from Dr. Eric Berg .
It is the most important video about this pandemic that I have watched by a wide margin .
After watching the video , I think that you will understand why all of the coronavirus lockdowns should be ended as soon as possible .
Yes , this virus spreads incredibly easily .
But a lot of the people that catch it never show any symptoms at all , and it has @ @ @ @ @ @ @ we can do for those that do become sick to prevent a lot of the really severe cases .
Unfortunately , the mainstream media is not going to tell you the truth .
Instead , they are just going to keep telling you that the death toll projections are going up and that everyone should continue to stay home .
Look , the reality of the matter is that most of the population is eventually going to be exposed to this virus no matter if we have lockdowns or not .
So it @ @ @ @ @ @ @ vitamins and to be doing whatever you can to support your immune system .
And it is also very important to understand that this is not even close to the worst thing that we are going to face .
If we can ’ t even handle COVID-19 , and if the mainstream media won ’ t even share the truth when scientific studies show absolutely amazing results , what is going to happen to our society when a really severe crisis comes along ?

by Michael Snyder
For those that wondered if Americans would be willing to report on their neighbors on a widespread basis during a major crisis, you now have your answer. All over the country, calls have been pouring in to authorities from “concerned citizens” that are quite eager to point a finger at their neighbors for violating the coronavirus lockdowns. In fact, it has been reported that some very nosy people in the state of California were actually calling 911 to report that their neighbors were coughing inside their own homes. Of course the mainstream media is not exactly helping matters when they use phrases such as “death sentence” to describe this pandemic. Yes, we should all be taking this virus very seriously, but the truth is that this is not the end of the world and everyone needs to calm down.
Do we really want to have a society where everyone is spying on their neighbors? When I read that a mother in Wisconsin had been visited by the police because she had permitted her daughter to go play at a friend’s house, it really touched a nerve with me…
A Wisconsin mom videotaped two police officers who showed up at her home and accused her of “allowing” her daughter to play at a friend’s house, an act they deemed to be in defiance of Wisconsin’s “Stay at Home” order. The officers are clearly agitated and condescending in their conversation with the mother, who is addressed as “Amy” when she opens the door upon their arrival.
So how did the police know that her daughter had gone to another house to play?
Needless to say, someone snitched on her.
And this next story is truly bizarre. A Colorado woman named Heather Silchia was deeply alarmed when she discovered that her “neighbors” had put a really nasty note on her vehicle…
The missive read, “PLEASE STAY HOME. I noticed a few days a week you leave home with your baby and return a short time later without it. Then I see the man of the house arrive with the baby later in the afternoon while your vehicle hasn’t moved all day. This leads me to believe that the kid is in daycare.” The letter continued, “Stop. I am assuming that man has an essential job since he is gone all day but if you are home there is no reason for your child to be in daycare at a time like this. I also see you leave shortly after your husband (I assume) gets home. You aren’t wearing any sort of uniform and I have never seen you wear a mask. Bars are closed and you couldn’t possibly be getting groceries every night (which would also require you to wear a mask) so I again ask you to please stay home.”
Well, it turns out that Heather Silchia is actually a 911 dispatcher, and that is why she can’t watch her baby all day.
And we should be thankful for front line workers like her, because they are so greatly needed during a time like this.
Sadly, the examples that I have just shared with you are not isolated incidents. In fact, it has been revealed that there are hundreds of people that have been snitching on their neighbors in the state of Missouri alone…
We are primarily funded by readers. Please subscribe and donate to support us!
Hundreds of people have been exposed for reporting people who have flouted social distancing rules and some are now scared they could receive a backlash. The names and addresses of approximately 900 people in Missouri were released as part of a media request under the Sunshine Law, which allows for the release of information submitted to a public agency (except for wrongdoing and abuse tips). St. Louis County had urged the community to share details of anyone not following guidelines in response to the coronavirus pandemic and noted in the terms and conditions that information may be shared publicly. However some people may not have read the small print submitted tips via an online form and email from the end of March. Many had asked for their communications to remain private.
If things are this bad in Missouri, one can only imagine the level of snitching that is happening in New York or California.
And even though some states are starting to gradually lift their “shelter-in-place” orders, the truth is that our society is going to be dealing with “social distancing” for a long time to come. In fact, the way that we share many of our public spaces is in danger of being permanently redefined…
New designs for eating places. McDonald’s is already prototyping a socially distanced version of its restaurant that could be a template for fast-food spaces around the world. Checkerboard grids on the grass in parks, with people allowed to occupy one square only if those surrounding it are empty. Or time-sharing of public places: If you don’t show up for your 12:15 p.m. slot at the playground, you’re out of luck.
Are you kidding me?
Of course snitches will have a field day in this sort of an environment. If you sit too close to a snitch in church or you walk too closely behind a snitch on the sidewalk, you may find yourself explaining your actions to the police.
And what is truly tragic is that none of this nonsense is even necessary. Please take two and a half minutes and watch this video from Dr. Eric Berg. It is the most important video about this pandemic that I have watched by a wide margin.
After watching the video, I think that you will understand why all of the coronavirus lockdowns should be ended as soon as possible.
Yes, this virus spreads incredibly easily. But a lot of the people that catch it never show any symptoms at all, and it has become clear that there are things that we can do for those that do become sick to prevent a lot of the really severe cases.
Unfortunately, the mainstream media is not going to tell you the truth. Instead, they are just going to keep telling you that the death toll projections are going up and that everyone should continue to stay home.
Look, the reality of the matter is that most of the population is eventually going to be exposed to this virus no matter if we have lockdowns or not. So it is very important to be taking your vitamins and to be doing whatever you can to support your immune system. And it is also very important to understand that this is not even close to the worst thing that we are going to face.
If we can’t even handle COVID-19, and if the mainstream media won’t even share the truth when scientific studies show absolutely amazing results, what is going to happen to our society when a really severe crisis comes along?


investmentwatchblog--2020-05-05--Around 60% of new infectious diseases come from animals.

Around 60 % of new infectious diseases come from animals .
🔎 Learn more about how coronavirus is affecting nature @ @ @

Around 60% of new infectious diseases come from animals.
🔎 Learn more about how coronavirus is affecting nature: t.co/D2Tj07Kv7n pic.twitter.com/8u5AId7GVR
— World Economic Forum (@wef) May 5, 2020


investmentwatchblog--2020-05-05--#SPX … This Bear Mkt rally ain’t fooling me. IMHO, the downside opens up again on a sustained break

# SPX … this Bear Mkt rally ai n't fooling me .
IMHO , the downside opens up again on @ @ @ @ @ 2790 support .
pic.twitter.com/66bTcI0rOM Here 's the real reason why billionaire investing 'genius ' Warren @ @ @ @ @ penny of his massive cash pile as stocks plunged at record pace… according to his @ @ @ @ @ US stocks have never been more expensive… pic.twitter.com/9Y9IUpE4nb they 've only been closed for a @ @ @ @ @ !
these companies really that fragile ?
?
?
blame the low interest rates , @ @ @ @ @ good…

#SPX … this Bear Mkt rally ain't fooling me. IMHO, the downside opens up again on a sustained break <$2790 support. pic.twitter.com/66bTcI0rOM
Here's the real reason why billionaire investing 'genius' Warren Buffett didn't spend one penny of his massive cash pile as stocks plunged at record pace… according to his favorite broad market indicator, US stocks have never been more expensive… pic.twitter.com/9Y9IUpE4nb
they've only been closed for a month! max 2!! these companies really that fragile???
TOO MUCH DEBT everywhere……..
blame the low interest rates, causing way more harm then good…
(sorry for the rant, you cool Lisa)
— Alex (@realAlexEgg) May 4, 2020


investmentwatchblog--2020-05-05--What’s the tipping point for when bankruptcies become systemic, and failures create a cascading effe

What’s the tipping point for when bankruptcies become systemic, and failures create a cascading effect of tripping other companies into insolvency? The roster of bankruptcies is quickly getting longer, but these are still the weaker, over-leveraged hands. — Lisa Abramowicz (@lisaabramowicz1) May 5, 2020
Potential fallen angels have risen to a record high, according to Moody’s, via @SoberLook pic.twitter.com/DYiUjD1YSL — Lisa Abramowicz (@lisaabramowicz1) May 4, 2020
Gold’s Gym files for bankruptcy. The owner of the New York Sports Clubs chain is considering a similar move, Bloomberg reported last month. t.co/9ADAQdLBqm — Lisa Abramowicz (@lisaabramowicz1) May 4, 2020
United States: ISM manufacturing index falls to lowest level in 11 years in April t.co/B4tJZJWZVu — FocusEconomics (@FocusEconomics) May 5, 2020
US financial conditions are much tighter than the Goldman Sachs Financial Conditions Index leads you to believe. On my estimate, US high yield spreads should be trading closer to 16%, so roughly 8% higher! Credit spreads remain far too tight for this cycle stage. #CyclesMatter pic.twitter.com/nmhQXhPUcX — Julien Bittel, CFA (@BittelJulien) May 5, 2020


investmentwatchblog--2020-05-05--Margin Calls Caused by The Fed, “Lenders complained that indiscriminate buying was hurting more than

Margin Calls Caused by The Fed, “Lenders complained that indiscriminate buying was hurting more than helping.”

• Variety of pressures keeping rates from going even lower The Federal Reserve ’ s emergency rescue of the U.S. mortgage market should have set off celebration among lenders trying to keep up with demand from borrowers .
Instead , executives at Quicken Loans got a hefty margin call .
That was just a fraction of the pain the Fed unintentionally inflicted on lenders in mid-March when it announced plans to buy a massive amount of mortgage securities .
The move , meant to steady the market , caught many lenders by surprise and tipped their routine hedges deep into @ @ @ @ @ @ @ to strains throughout the industry that have left the gap between mortgage rates and benchmark Treasuries the widest since 2009 .
Back then , bank failures and concerns about the housing market kept home loans from becoming cheaper for borrowers .
Now , it ’ s obscure parts of the financial world that are holding back efforts to shave thousands of dollars from many Americans ’ biggest expenses — their mortgages .
“ The Fed came in trying to help , but they overshot , ” said Phil Rasori , chief operating officer @ @ @ @ @ @ @ says it handles hedging for about 20 % of the mortgage market .
He estimates margin calls initially drained as much as $ 5 billion from lenders before the Fed eased off , posing “ an existential threat ” to some nonbanks that operate on thin cash cushions , selling off loans as soon as they ’ re made .
Mortgage lenders promise to lock in interest rates for borrowers weeks before loans are finalized , then hedge that risk by shorting mortgage-related securities .
But the Fed ’ s buying drove up @ @ @ @ @ @ @ safeguards into sudden demands for cash .
Quicken , among the largest U.S. mortgage lenders , met its obligations during the period , spokesperson John Perich said .
“ Every responsible lender hedges their interest-rate risk , ” with money shifting daily to keep the contracts in parity , Perich said .
“ The significant price fluctuations in March meant that large margin balances flowed back and forth between lenders and broker-dealers .
Quicken Loans was able to easily meet these obligations thanks to our fortress balance sheet — thus enabling us to @ @ @ @ @ @ @ to comment on the size of the margin call Quicken received .
In a sign of the concern among investors , Quicken ’ s two 10-year bonds traded below 91 cents on the dollar in late March , from above par at the end of February .
Those prices have mostly recovered , with both trading around 98 cents on Friday .
For a time , market turbulence prompted lenders including Quicken to stop offering rate locks near the start of the mortgage process .
Perich said that standard practice is resuming at @ @ @ @ @ @ @ global markets into a tailspin , the Fed slashed interest rates almost to zero and embarked on a series of programs to pump cash into markets , opening up lending facilities and buying assets ranging from Treasuries to risky corporate debt .
Mortgage bonds were among the first it targeted .
The opportunity to refinance into a cheaper rate is now grabbing headlines .
But the trend captivating Wall Street is the canyon between the U.S. government ’ s cost of borrowing money and rates offered to homeowners .
Normally , 10-year U.S. @ @ @ @ @ @ @ , but the gap between them is now 2.9 percentage points , near levels last seen in late 2008 and early 2009 .
In the last five years , it ’ s averaged closer to 1.74 .
Consumers could grab rates as low as 2.25 % on traditional 30-year government-backed mortgages if markets were behaving normally , according to Optimal Blue LLC , whose software is used by much of the industry .
Bankrate.com was showing average rates above 3.5 % on Friday .
The Fed ’ s aim is to support the @ @ @ @ @ @ @ American households can benefit from lower rates , Lorie Logan , who leads the central bank ’ s open-market operations desk in New York , said in a speech last month .
She cautioned that the Fed ’ s support doesn ’ t mean “ restoring every aspect of market functioning to its level before the coronavirus crisis.
” A spokesperson for the New York Fed had no additional comment .
In interviews , executives at mortgage lenders , service providers and across the securitization industry said the margin calls created enormous tensions @ @ @ @ @ @ @ set off a stampede by nonbank lenders to finish up loans and get them off their books .
But to do that , they needed help from other parts of the industry facing their own challenges amid the pandemic .
Several senior executives said the impact of margin calls is abating but will continue to be felt through June , when mortgages from the spring are finally closed and sold .
In the meantime , that means less competition to drive down rates .
United Wholesale Mortgage , one of the country ’ @ @ @ @ @ @ @ to make a record number of loans in March but pulled back in April in response to the market turbulence , said Alex Elezaj , the company ’ s chief strategy officer .
It cut underwriting time from a few days to just hours so it could close loans as quickly as possible .

via Bloomberg:
Rescue of housing market in March accidentally burned lenders
Variety of pressures keeping rates from going even lower
The Federal Reserve’s emergency rescue of the U.S. mortgage market should have set off celebration among lenders trying to keep up with demand from borrowers. Instead, executives at Quicken Loans got a hefty margin call.
That was just a fraction of the pain the Fed unintentionally inflicted on lenders in mid-March when it announced plans to buy a massive amount of mortgage securities. The move, meant to steady the market, caught many lenders by surprise and tipped their routine hedges deep into the red.
It’s added to strains throughout the industry that have left the gap between mortgage rates and benchmark Treasuries the widest since 2009. Back then, bank failures and concerns about the housing market kept home loans from becoming cheaper for borrowers. Now, it’s obscure parts of the financial world that are holding back efforts to shave thousands of dollars from many Americans’ biggest expenses — their mortgages.
“The Fed came in trying to help, but they overshot,” said Phil Rasori, chief operating officer of Mortgage Capital Trading Inc., which says it handles hedging for about 20% of the mortgage market. He estimates margin calls initially drained as much as $5 billion from lenders before the Fed eased off, posing “an existential threat” to some nonbanks that operate on thin cash cushions, selling off loans as soon as they’re made.
Mortgage lenders promise to lock in interest rates for borrowers weeks before loans are finalized, then hedge that risk by shorting mortgage-related securities. But the Fed’s buying drove up prices for those assets, turning the safeguards into sudden demands for cash. Quicken, among the largest U.S. mortgage lenders, met its obligations during the period, spokesperson John Perich said.
“Every responsible lender hedges their interest-rate risk,” with money shifting daily to keep the contracts in parity, Perich said. “The significant price fluctuations in March meant that large margin balances flowed back and forth between lenders and broker-dealers. Quicken Loans was able to easily meet these obligations thanks to our fortress balance sheet — thus enabling us to continue originating record volumes.” He declined to comment on the size of the margin call Quicken received.
In a sign of the concern among investors, Quicken’s two 10-year bonds traded below 91 cents on the dollar in late March, from above par at the end of February. Those prices have mostly recovered, with both trading around 98 cents on Friday. For a time, market turbulence prompted lenders including Quicken to stop offering rate locks near the start of the mortgage process. Perich said that standard practice is resuming at Quicken.
As the coronavirus pandemic sent global markets into a tailspin, the Fed slashed interest rates almost to zero and embarked on a series of programs to pump cash into markets, opening up lending facilities and buying assets ranging from Treasuries to risky corporate debt. Mortgage bonds were among the first it targeted.
The opportunity to refinance into a cheaper rate is now grabbing headlines. But the trend captivating Wall Street is the canyon between the U.S. government’s cost of borrowing money and rates offered to homeowners. Normally, 10-year U.S. Treasuries set the tone for 30-year mortgages, but the gap between them is now 2.9 percentage points, near levels last seen in late 2008 and early 2009. In the last five years, it’s averaged closer to 1.74.
Consumers could grab rates as low as 2.25% on traditional 30-year government-backed mortgages if markets were behaving normally, according to Optimal Blue LLC, whose software is used by much of the industry. Bankrate.com was showing average rates above 3.5% on Friday.
The Fed’s aim is to support the smooth functioning of mortgage-securities markets so that American households can benefit from lower rates, Lorie Logan, who leads the central bank’s open-market operations desk in New York, said in a speech last month. She cautioned that the Fed’s support doesn’t mean “restoring every aspect of market functioning to its level before the coronavirus crisis.” A spokesperson for the New York Fed had no additional comment.
In interviews, executives at mortgage lenders, service providers and across the securitization industry said the margin calls created enormous tensions. The need to pony up cash set off a stampede by nonbank lenders to finish up loans and get them off their books. But to do that, they needed help from other parts of the industry facing their own challenges amid the pandemic.
Several senior executives said the impact of margin calls is abating but will continue to be felt through June, when mortgages from the spring are finally closed and sold. In the meantime, that means less competition to drive down rates.
United Wholesale Mortgage, one of the country’s biggest home loan providers, agreed to make a record number of loans in March but pulled back in April in response to the market turbulence, said Alex Elezaj, the company’s chief strategy officer. It cut underwriting time from a few days to just hours so it could close loans as quickly as possible.


investmentwatchblog--2020-05-05--TSLA mooned today because short selling was BANNED

Here are the facts : • After the financial crisis , the SEC created rules to help protect long-term investors • This was done to maintain investor confidence & to prevent large intra-day crashes Don ’ t believe me ?
See for yourself : I know you aren ’ t going to read that , so let me summarize : • If a security drops more than 10 % in a day , a short sale circuit breaker is triggered • The breaker lasts 2 days ( current day through end of “ next-day ” trading session ) • The @ @ @ @ @ @ @ imposes an uptick rule on additional short sales • An uptick rule means that to sell short , your “ ask ” must be at least 1 tick higher than the current “ national best bid ” Here ’ s a quote directly from the SEC document : “ We believe it is appropriate at this time to adopt a short sale-related circuit breaker because , when triggered , it will prevent short selling , including potentially manipulative or abusive short selling , from driving down further the price of a security that @ @ @ @ @ @ @ decline , and will facilitate the ability of long sellers to sell first upon such a decline.
” Why is this important ?
• Because price can ’ t be driven down further for at least 2 days • This usually leads to a rebound / reversal rally Let ’ s take a look at what happened to Tesla • Tesla triggered the circuit breaker at 11:39 on Friday What was the price at 11:38 ?
Now let ’ s take a look at what happened the rest of the day : • @ @ @ @ @ @ @ that amount • For put holders , always look to exit within the next 10-20 minutes after this triggers • This will likely be your “ max profit ” • Without any downward pressure , the rebound easily gained momentum and continued throughout the day Before you criticize me..
I ’ m fully aware that there are other rules / regulations that also play a role..
I just wanted to point out one of the reasons why Tesla mooned today..
If you want to beat the exchange , you need to understand every @ @ @ @ @ @ @ information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by Dc1993x
Here are the facts:
After the financial crisis, the SEC created rules to help protect long-term investors
This was done to maintain investor confidence & to prevent large intra-day crashes
Don’t believe me? See for yourself:
I know you aren’t going to read that, so let me summarize:
If a security drops more than 10% in a day, a short sale circuit breaker is triggered
The breaker lasts 2 days (current day through end of “next-day” trading session)
The rule gives priority to long sellers and imposes an uptick rule on additional short sales
An uptick rule means that to sell short, your “ask” must be at least 1 tick higher than the current “national best bid”
Here’s a quote directly from the SEC document:
“We believe it is appropriate at this time to adopt a short sale-related circuit breaker because, when triggered, it will prevent short selling, including potentially manipulative or abusive short selling, from driving down further the price of a security that has already experienced a significant intraday price decline, and will facilitate the ability of long sellers to sell first upon such a decline.”
Why is this important?
Because price can’t be driven down further for at least 2 days
This usually leads to a rebound / reversal rally
Let’s take a look at what happened to Tesla
Tesla triggered the circuit breaker at 11:39 on Friday
Proof: www.nasdaqtrader.com/dynamic/symdir/shorthalts/shorthalts20200504.txt
We are primarily funded by readers. Please subscribe and donate to support us!
preview.redd.it/6acn6f7mwuw41.png?width=413&format=png&auto=webp&s=33183220d4518cac36c60c1ed16365b0f01c3dfa
What was the price at 11:38?
Approximately 700
preview.redd.it/ongs8yv7xuw41.png?width=610&format=png&auto=webp&s=086624c2c85a6c52638cce3700b607c47bda714e
Now let’s take a look at what happened the rest of the day:
Notice how it struggled to stay below that amount
For put holders, always look to exit within the next 10-20 minutes after this triggers This will likely be your “max profit”
preview.redd.it/ifx5d9ylxuw41.png?width=556&format=png&auto=webp&s=c35d86719342773c0ea3093fc93db25022d95a33
Now what happened today?
Tesla mooned to 769… 10% gain
Without any downward pressure, the rebound easily gained momentum and continued throughout the day
Before you criticize me.. I’m fully aware that there are other rules / regulations that also play a role.. I just wanted to point out one of the reasons why Tesla mooned today..
If you want to beat the exchange, you need to understand every rule… inside and out
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-05-05--Why The United States Cannot Shut Down For A Second Wave Even Though It Will

During one of the coronavirus task force briefings , an admiral came up and detailed how he was getting ventilators into the system .
Much of the press was outraged when he detailed it out because the government was using a middle man that was profiting off it .
The admiral ’ s response ?
“ My job is not to invent a system .
My job is to put volume in the system.
” Such is the realities of leadership in a time of crisis .
So .
When the Fed went into ‘ save everything mode , ’ @ @ @ @ @ @ @ unfreeze credit markets and make sure markets functioned .
Powell ’ s job was to put volume into the system .
That system now has volume .
And plenty of it .
Everyone is buying everyone else ’ s debt .
Disney wants five billion for a year ?
Wells Fargo says ‘ COUNT ME IN.
’ Boeing is issuing bonds ?
‘ IT ’ S A RAID , ’ says every person with access to debt markets .
Delta can ’ t fly 10 % capacity this quarter .
People buy their @ @ @ @ @ @ @ of the 747 .
So the system now has ample volume going back and forth .
Everyone ’ s leveraged to the tits in new debt .
What could possibly go wrong ?
Already high household debt continues to skyrocket as new income falls off a cliff is what ’ s wrong .
Reckless debt issuance and a borrowing system that never really reset after 2008-9 is what ’ s wrong .
In what will likely go down as the dumbest FOMO among smart money of all time , every major institution has @ @ @ @ @ @ @ every company ’ s debt offerings .
But what happens if Delta sees just 30 % of flying traffic in the third quarter ?
What if California and France refuse to open Disney ’ s parks until early July and shut them down again in September as precaution ?
And would anyone really be surprised if Boeing doesn ’ t get the 737 max off the ground until 2021 ?
These events have a decent probability of happening .
And such companies as Delta and Boeing may not be able to service their @ @ @ @ @ @ @ , say , we have to shut everything back down to prevent a second wave .
Not every bond holder is going to get screwed .
But the rate of defaults on loans is going to be much higher than the laughable estimates JPM and Well ’ s have set cash aside for .
Let ’ s keep in mind : it wasn ’ t the Fed ’ s job to invent a new system .
Its job was to keep the current system functioning .
So what is the system they ’ @ @ @ @ @ @ @ And all they ’ ve really done is re-inflate a debt bubble to a much bigger size than it was in February .
And given the details released today by the Fed essentially announcing they ’ ll be buying HYG and LQD , this bubble is growing to hindenburg-sized levels .
With people putting their rent on credit cards , our system is just surviving right now .
But what happens in wave two ?
Boeing can ’ t pay its coupon as Delta withdraws all orders so it can attempt to service @ @ @ @ @ @ @ An empire like Disney looks at risk for shuttering .
Restaurants are seen as germ lands by the average consumer and nobody goes dining in for several years .
Housing construction companies simply can not survive the epic demand and supply destruction with defaults on mortgages skyrocketing as well .
Fannie and Freddie make 2008 look like a prelude to the real story .
And the Fed may have to try and get out of HYG as companies in the ETF fail and they have to preserve tax payer dollars as per their @ @ @ @ @ @ @ feed the negative feedback loop .
At Buffet ’ s shareholder meeting saturday , he praised Powell ’ s speed to get credit markets functioning again .
On top of that , he said March was the highest bond issuance month of all time , followed by April breaking that record .
But here ’ s what ’ s interesting in what he said : “ We don ’ t know what the consequences of this will be.
” So perhaps we are somehow able to punt the debt bubble pop down the @ @ @ @ @ @ @ for extended periods .
Perhaps the US government is able to find some way to write off certain types of debt in a last resort effort to avoid economic catastrophe .
They will certainly get creative as everyone becomes desperate .
But in all likelihood , these kinds of ideas are untenable without resulting in extreme damage to other segments of the economy .
We are on the brink of the debt bubble collapse .
And given a second wave , we will create a negative feedback loop that will slump the United @ @ @ @ @ @ @ ’ t believe we will have a 10 year great depression .
We learned so much from that time period and we will use that knowledge to recover faster , and maybe even better .
But like the civil war , world war one , and world war two : everyone thought at the beginning of each outbreak it was only going to last a few months .
We think the same thing now about this crisis .
TL ; DR : Often when you are operating in a paradigm you don ’ @ @ @ @ @ @ @ until you are forced to shift into a new paradigm .
The debt bubble paradigm is about to shift , but not before it pops .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by astrophysics23
During one of the coronavirus task force briefings, an admiral came up and detailed how he was getting ventilators into the system. Much of the press was outraged when he detailed it out because the government was using a middle man that was profiting off it. The admiral’s response? “My job is not to invent a system. My job is to put volume in the system.”
Such is the realities of leadership in a time of crisis.
So. When the Fed went into ‘save everything mode,’ they did so with a desire to unfreeze credit markets and make sure markets functioned. Powell’s job was to put volume into the system.
That system now has volume. And plenty of it. Everyone is buying everyone else’s debt. Disney wants five billion for a year? Wells Fargo says ‘COUNT ME IN.’ Boeing is issuing bonds? ‘IT’S A RAID,’ says every person with access to debt markets. Delta can’t fly 10% capacity this quarter. People buy their debt like it’s the liftoff of the 747.
So the system now has ample volume going back and forth. Everyone’s leveraged to the tits in new debt. What could possibly go wrong?
30-50 million unemployed is what’s wrong.
Already high household debt continues to skyrocket as new income falls off a cliff is what’s wrong.
Reckless debt issuance and a borrowing system that never really reset after 2008-9 is what’s wrong.
In what will likely go down as the dumbest FOMO among smart money of all time, every major institution has tried its best to get in on every company’s debt offerings. But what happens if Delta sees just 30% of flying traffic in the third quarter? What if California and France refuse to open Disney’s parks until early July and shut them down again in September as precaution? And would anyone really be surprised if Boeing doesn’t get the 737 max off the ground until 2021?
These events have a decent probability of happening. And such companies as Delta and Boeing may not be able to service their debt at the end of 2020 if, say, we have to shut everything back down to prevent a second wave.
Not every bond holder is going to get screwed. But the rate of defaults on loans is going to be much higher than the laughable estimates JPM and Well’s have set cash aside for.
We are primarily funded by readers. Please subscribe and donate to support us!
Let’s keep in mind: it wasn’t the Fed’s job to invent a new system. Its job was to keep the current system functioning.
So what is the system they’re pumping? The debt system. And all they’ve really done is re-inflate a debt bubble to a much bigger size than it was in February. And given the details released today by the Fed essentially announcing they’ll be buying HYG and LQD, this bubble is growing to hindenburg-sized levels.
With people putting their rent on credit cards, our system is just surviving right now. But what happens in wave two?
Boeing can’t pay its coupon as Delta withdraws all orders so it can attempt to service debt too big to pay itself. An empire like Disney looks at risk for shuttering. Restaurants are seen as germ lands by the average consumer and nobody goes dining in for several years. Housing construction companies simply cannot survive the epic demand and supply destruction with defaults on mortgages skyrocketing as well. Fannie and Freddie make 2008 look like a prelude to the real story. And the Fed may have to try and get out of HYG as companies in the ETF fail and they have to preserve tax payer dollars as per their legal obligation, which will only further feed the negative feedback loop.
At Buffet’s shareholder meeting saturday, he praised Powell’s speed to get credit markets functioning again. On top of that, he said March was the highest bond issuance month of all time, followed by April breaking that record.
But here’s what’s interesting in what he said: “We don’t know what the consequences of this will be.”
So perhaps we are somehow able to punt the debt bubble pop down the road by allowing all loans to defer for extended periods. Perhaps the US government is able to find some way to write off certain types of debt in a last resort effort to avoid economic catastrophe. They will certainly get creative as everyone becomes desperate. But in all likelihood, these kinds of ideas are untenable without resulting in extreme damage to other segments of the economy.
We are on the brink of the debt bubble collapse. And given a second wave, we will create a negative feedback loop that will slump the United States Markets for years.
I don’t believe we will have a 10 year great depression. We learned so much from that time period and we will use that knowledge to recover faster, and maybe even better. But like the civil war, world war one, and world war two: everyone thought at the beginning of each outbreak it was only going to last a few months. We think the same thing now about this crisis.
TL;DR: Often when you are operating in a paradigm you don’t realize the flaw of that paradigm until you are forced to shift into a new paradigm. The debt bubble paradigm is about to shift, but not before it pops.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-05-05--Chart: Fiscal support has been the largest & fastest in peacetime

Chart : Fiscal support has been the largest & fastest in peacetime • U.S. Treasury Expects to Borrow $ 4.5 @ @ @ @ @ Stimulus Spending Soars Effort to combat coronavirus pandemic dwarfs borrowings during and after 2008 financial @ @ @

Chart: Fiscal support has been the largest & fastest in peacetime
• U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars
Effort to combat coronavirus pandemic dwarfs borrowings during and after 2008 financial crisis t.co/gdCehy3eCS pic.twitter.com/9pn77ltTc4
— Mo Hossain (@MoHossain) May 5, 2020


investmentwatchblog--2020-05-05--China: Communist Party to monitor and censor Twitter, YT, and Facebook accounts of Chinese users

Chinese students and faculty better speak well of the CCP online on US websites !
Are the western media sites going to be complicit in the censorship ?
Probably yes .
How soon until the CCP is monitoring and censoring Western users on social media ?
**************** Han Lianchao , a former employee of China ’ s Ministry of Foreign Affairs posted a screenshot on Twitter of a notice from the Publicity Department of the party committee of the Beijing International Studies University .
His comment indicated that the CCP will impose large-scale censorship and monitoring of Twitter , YouTube @ @ @ @ @ @ @ the translation of the notice : Notice to Collect Foreign Self-Media Account Setup by Student and Faculty Members Based on the requirement from the Publicity Department of the City of Beijing , in order to do well in promoting China ’ s image overseas and to “ Tell China ’ s Story Well , ” we are here to collect foreign self-media account ( s ) that students and faculty members have set up .
Below are the detailed requirements : 1 .
This requirement applies to all levels within the university and @ @ @ @ @ @ @ the graduate research institute .
Each unit should appoint one person to collect foreign self-media account ( s ) that students and faculty members have set up .
It must have used the real name of each individual .
There are two forms to fill out : a foreign self-media account collection form and a foreign self-media account collection consolidated form .
Foreign self-media include but are not limited to Facebook , Instagram , Twitter , Youtube , and Buzzfeed .
2 .
Each unit should forward the forms to the person in @ @ @ @ @ @ @ .
The original signed hard copy of the consolidated form should be submitted to the university ’ s publicity department by April 21 at 5:00pm while the unit can retain the individual account collection form .

Chinese students and faculty better speak well of the CCP online on US websites!
Are the western media sites going to be complicit in the censorship? Probably yes.
How soon until the CCP is monitoring and censoring Western users on social media?
****************
CCP to Monitor Postings on Foreign Self-Media
Han Lianchao, a former employee of China’s Ministry of Foreign Affairs posted a screenshot on Twitter of a notice from the Publicity Department of the party committee of the Beijing International Studies University. His comment indicated that the CCP will impose large-scale censorship and monitoring of Twitter, YouTube and Facebook accounts overseas.
Below is the translation of the notice:
We are primarily funded by readers. Please subscribe and donate to support us!
Notice to Collect Foreign Self-Media Account Setup by Student and Faculty Members
Based on the requirement from the Publicity Department of the City of Beijing, in order to do well in promoting China’s image overseas and to “Tell China’s Story Well,” we are here to collect foreign self-media account(s) that students and faculty members have set up. Below are the detailed requirements:
1. This requirement applies to all levels within the university and the affiliated schools, as well as the graduate research institute. Each unit should appoint one person to collect foreign self-media account(s) that students and faculty members have set up. It must have used the real name of each individual. There are two forms to fill out: a foreign self-media account collection form and a foreign self-media account collection consolidated form. Foreign self-media include but are not limited to Facebook, Instagram, Twitter, Youtube, and Buzzfeed.
2. Each unit should forward the forms to the person in charge for signature and a stamp seal. The original signed hard copy of the consolidated form should be submitted to the university’s publicity department by April 21 at 5:00pm while the unit can retain the individual account collection form.
chinascope.org/archives/22972
h/t Lily


investmentwatchblog--2020-05-05--UW-Milwaukee’s School of Freshwater Sciences digging through the collective poop for Covid19

Researchers are sifting through sewage samples for signs of the coronavirus .
They believe the information can help spot trends in the number of cases and give healthcare providers a warning days or weeks before it happens .
“ There ’ s all kinds of information already in sewage samples , ” said Dr. Sandra McClellan of the UW-Milwaukee ’ s School of Freshwater Sciences .
She ’ s leading a team of researchers who are studying sewage samples for traces of the coronavirus .
“ We won ’ t be able to tell how many people are sick in @ @ @ @ @ @ @ able to tell if it ’ s going up or down , ” McClellan said .
Scientists said the virus will show up in sewer samples before patients begin to show symptoms .
“ This is really , potentially , very important for early warning , ” McClellan said .
“ If we ’ re starting to see spikes around the city , we may see it first in sewage.
” The researchers are working with the Milwaukee Metropolitan Sewerage District to collect samples of sewage heading into the two MMSD plants from @ @ @ @ @ @ @ It ’ s public health .
It ’ s looking at , trying to be that early indicator of what we need to prepare for in the future , ” MMDS Executive Director Kevin Shafer said .
The researchers around the world are working together on the effort .
UWM ’ s program should start producing data within a couple of weeks .

Researchers are sifting through sewage samples for signs of the coronavirus.
They believe the information can help spot trends in the number of cases and give healthcare providers a warning days or weeks before it happens.
“There’s all kinds of information already in sewage samples,” said Dr. Sandra McClellan of the UW-Milwaukee’s School of Freshwater Sciences.
She’s leading a team of researchers who are studying sewage samples for traces of the coronavirus.
“We won’t be able to tell how many people are sick in the community, but we will be able to tell if it’s going up or down,” McClellan said.
Scientists said the virus will show up in sewer samples before patients begin to show symptoms.
“This is really, potentially, very important for early warning,” McClellan said. “If we’re starting to see spikes around the city, we may see it first in sewage.”
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The researchers are working with the Milwaukee Metropolitan Sewerage District to collect samples of sewage heading into the two MMSD plants from Milwaukee and 27 surrounding communities.
“It’s public health. It’s looking at, trying to be that early indicator of what we need to prepare for in the future,” MMDS Executive Director Kevin Shafer said.
The researchers around the world are working together on the effort.
UWM’s program should start producing data within a couple of weeks.
www.wisn.com/article/coronavirus-sewage-could-help-scientists-find-outbreaks-before-they-begin/32370190
AO


investmentwatchblog--2020-05-05--China experiencing 2 new virus outbreaks – one in northeastern and one in south

Second Wave of Virus Outbreak Spreads Further in Southern China Epoch Times A district in the southern Chinese city of Guangzhou announced more than 10 asymptomatic carriers of the CCP virus in recent days .
A neighboring province and the nearby city of Shenzhen also reported new infections among people who came from Guangzhou , indicating the second wave outbreak was further spreading in southern China .
In late April , over 100 new infections were reported in Guangzhou , as well as dozens among students and teachers in Shenzhen .
Meanwhile , residents of Heilongjiang Province , located in @ @ @ @ @ @ @ that more cities in the province have outbreaks .
Authorities have only announced new infections in the cities of Harbin and Mudanjiang recently .
*** Infection Count : Heilongjiang Province Either Is Having Or Facing Epidemic Outbreak More and more news indicates that Heilongjiang Province is either already suffering a wide spread of the coronavirus or is facing a large outbreak .
# 1 : On April 27 , Xi Jinping , at the Chinese Communist Party ( CCP ) Politburo Standing Committee meeting , singled out Heilongjiang , stating that it must @ @ @ @ @ @ @ , investigate loopholes , and fix shortcomings , especially in the prevention of hospital infections .
( Oriental Daily ) # 2 : On April 30 , the State Council sent a supervisory group to Heilongjiang to oversee their coronavirus prevention work .
Several members were sent from the supervisory group to Hubei .
On May 1 , the supervisory group reported four major issues found in Heilongjiang : A lack of understanding of epidemic prevention and control .
Weaknesses in “ before hospital ” management : people entering Heilongjiang from abroad were @ @ @ @ @ @ @ checkpoints did not test people strictly , and local communities did not have effective prevention and control .
The authorities did not conduct enough coronavirus tests .
Hospitals did not have effective prevention and control measures .
( Central News Agency ) chinascope.org/archives/23058 Infection Count : Several Places in China Showed Signs of Coronavirus Spreading Again It is hard to get true coronavirus infection information from China as the Chinese Communist Party ( CCP ) hides it from the public .
Recently , information from media inside and outside of China seems to @ @ @ @ @ @ @ facing the threat of the coronavirus outbreak again .
# 1 : Some provinces have treated Guangzhou and a few other Chinese cities as high risk regions .
On April 14 , Hainan Province issued a “ Notice on Strengthening the Prevention of Infection from Outside of the Province , ” which listed Suifen City , Heilongjiang Province ( a neighboring area with Russia ) ; Manzhouli City , Inner Mongolia ( also a neighboring Russia ) ; and three cities in Guangdong Province including Jieyang , Guangzhou , and Shenzhen , as @ @ @ @ @ @ @ order to be allowed to enter Hainan , any people who traveled to these places in the past 14 days must provide a negative result of a coronavirus test , which must have been taken within the past seven days , .
People also received a computer notice when they bought airline tickets online that “ people from Guangzhou or Wuhan coming to Yinchuan City , Ningxia Hui Autonomous Region ( AR ) , will first be quarantined for 14 days in a centralized location.
” Some communities in Chengdu City , Sichuan @ @ @ @ @ @ @ from “ epicenters ( Wuhan , Guangzhou , and overseas ) ” should register with the community management group and conduct self-quarantine at home for 14 days .
( Oriental Daily ) # 2 : Wang Dingyu , a Legislative member of Taiwan , published a few documents from mainland China on his Facebook account warning of the danger of a second wave of the Wuhan Pneumonia which might occur in China .
His documents showed that around mid-April : Gaoqiao Town , Hong ’ an County , Hubei Province restarted temperature testing @ @ @ @ @ @ @ farmer resident was confirmed because of a coronavirus infection…..
Religions and legends believe that the Divine created man .
The Bible at Genesis 1:27 says that God created human beings in his own image … The Chinese legend has it that the Goddess Nü Wa molded yellow earth to create human figures in her shape .
{ 1 } Then the Creator set up the moral codes for mankind to follow .
God gave the Ten Commandments to Moses ( Exodus 34:28 and Deuteronomy 10:4 ) to let him pass them to mankind @ @ @ @ @ @ @ human beings , have established common values and the ability to discern what is moral from what is immoral , right from wrong , and good from bad so we can stay on the right path and avoid evil .
Religions and legends believe that , again , it was the Divine who bestowed these upon us .
As we saw in the Introduction to this series , we would face disaster if we deviated from those values and morals .
I .
The Divine ’ s Guidance : Bestowing Man with Morals @ @ @ @ @ @ @ that , in different regions across the world , schools of religion and philosophy flourished during the period from 900 to 200 BC .
New ways of thinking appeared in Persia , India , China , Judea , and the Greco-Roman world in religion and philosophy , in a striking parallel development , without any obvious direct cultural contact between all of these Eurasian cultures .
“ That is , the spiritual foundations of humanity were laid simultaneously and independently in China , India , Persia , Judea , and Greece .
These @ @ @ @ @ @ @ subsists today.
” German philosopher Karl Jaspers characterized this period as a “ pivotal age.
” It has since come to be known as the Axial Age .
{ 2 } For example , in China , Lao Tzu ( Laozi , the founder of Taoism ) ( 571 – 471 BC ) and Confucius ( 551 – 479 BC ) , along with many profound thinkers , including Mo Ti ( Mo Tzu 468 – 376 BC ) , Chuang Tsu ( 369 – 286 BC ) , Lieh Tzu ( 450 @ @ @ @ @ @ @ ( 280 – 233 BC ) , Sun Tzu ( 544 – 496 BC ) and a host of others , established “ a hundred schools of thought.
” Sakyamuni ( also known as the Buddha , 480 – 400 BC ) established and taught Buddhism in India .
In Iran Zarathustra taught a challenging view of the world as a struggle between good and evil ; in Palestine the prophets made their appearance from Elijah by way of Isaiah and Jeremiah to Deutero-Isaiah ; and in Greece , Homer wrote the Iliad @ @ @ @ @ @ @ , and Plato influenced people with different philosophical ideas .
As a result , Taoism and Confucianism emerged in China ; Buddhism , Hinduism , and Jainism in India ; Zoroastrianism in Persia ; fuck off in the Levant ; and Sophism and other classical philosophies in Greece .
{ 3 } Here is on on the plague .
Hiding Information : Inner Mongolia May Have a Black Death Outbreak Epoch Times obtained some official documents from the Inner Mongolia Autonomous Region ( AR ) that show the AR is facing an outbreak @ @ @ @ @ @ @ “ Epidemic Report ” that the Inner Mongolia Comprehensive Disease Prevention and Control Center issued on April 13 stated : “ Since the determination of the first epidemic case on March 15 , 2020 , ” the black death epidemic was found in 21 sites in 10 counties of four Leagues ( an administrative region under the Inner Mongolia AR , similar to Prefectures in the other provinces of China ; a few major cities are also included in this category ) .
2 .
On April 14 , Xilingol League passed an @ @ @ @ @ @ @ its subordinate medical agencies .
3 .
The “ Report on the Implementation of the Decision from the AR ’ s Teleconference on Black Death Prevention and Control ” in April stated , “ The black death plague is active ” in Inner Mongolia and “ the risk of human infection is still high.
” “ Recently , cases have been reported in Baotou City , Wulanchabu City , Xilingol League , and Bayannaoer City.
” The report also stated , “ By March 30 , except for Wulanchabu City , the AR @ @ @ @ @ @ @ established or regrouped their Black Death Epidemic Prevention and Control Emergency Leading Groups .

Second Wave of Virus Outbreak Spreads Further in Southern China
Epoch Times
A district in the southern Chinese city of Guangzhou announced more than 10 asymptomatic carriers of the CCP virus in recent days.
A neighboring province and the nearby city of Shenzhen also reported new infections among people who came from Guangzhou, indicating the second wave outbreak was further spreading in southern China.
In late April, over 100 new infections were reported in Guangzhou, as well as dozens among students and teachers in Shenzhen.
Meanwhile, residents of Heilongjiang Province, located in northeastern China, told The Epoch Times that more cities in the province have outbreaks. Authorities have only announced new infections in the cities of Harbin and Mudanjiang recently.
www.theepochtimes.com/second-wave-of-virus-outbreak-spreads-further-in-southern-china_3337988.html
***
Infection Count: Heilongjiang Province Either Is Having Or Facing Epidemic Outbreak
More and more news indicates that Heilongjiang Province is either already suffering a wide spread of the coronavirus or is facing a large outbreak.
#1: On April 27, Xi Jinping, at the Chinese Communist Party (CCP) Politburo Standing Committee meeting, singled out Heilongjiang, stating that it must strengthen measures on epidemic prevention and control, investigate loopholes, and fix shortcomings, especially in the prevention of hospital infections. (Oriental Daily)
#2: On April 30, the State Council sent a supervisory group to Heilongjiang to oversee their coronavirus prevention work. Several members were sent from the supervisory group to Hubei. On May 1, the supervisory group reported four major issues found in Heilongjiang:
A lack of understanding of epidemic prevention and control.
Weaknesses in “before hospital” management: people entering Heilongjiang from abroad were not quarantined in a centralized location, checkpoints did not test people strictly, and local communities did not have effective prevention and control.
The authorities did not conduct enough coronavirus tests.
Hospitals did not have effective prevention and control measures. (Central News Agency)
chinascope.org/archives/23058
Infection Count: Several Places in China Showed Signs of Coronavirus Spreading Again
It is hard to get true coronavirus infection information from China as the Chinese Communist Party (CCP) hides it from the public. Recently, information from media inside and outside of China seems to indicate that some places in China are facing the threat of the coronavirus outbreak again.
#1: Some provinces have treated Guangzhou and a few other Chinese cities as high risk regions.
On April 14, Hainan Province issued a “Notice on Strengthening the Prevention of Infection from Outside of the Province,” which listed Suifen City, Heilongjiang Province (a neighboring area with Russia); Manzhouli City, Inner Mongolia (also a neighboring Russia); and three cities in Guangdong Province including Jieyang, Guangzhou, and Shenzhen, as mid-level or high risk regions. In order to be allowed to enter Hainan, any people who traveled to these places in the past 14 days must provide a negative result of a coronavirus test, which must have been taken within the past seven days,.
People also received a computer notice when they bought airline tickets online that “people from Guangzhou or Wuhan coming to Yinchuan City, Ningxia Hui Autonomous Region (AR), will first be quarantined for 14 days in a centralized location.”
Some communities in Chengdu City, Sichuan Province posted a notice that people coming from “epicenters (Wuhan, Guangzhou, and overseas)” should register with the community management group and conduct self-quarantine at home for 14 days. (Oriental Daily)
#2: Wang Dingyu, a Legislative member of Taiwan, published a few documents from mainland China on his Facebook account warning of the danger of a second wave of the Wuhan Pneumonia which might occur in China. His documents showed that around mid-April:
Gaoqiao Town, Hong’an County, Hubei Province restarted temperature testing and disinfection throughout the town after a farmer resident was confirmed because of a coronavirus infection…..
chinascope.org/archives/22899
We are primarily funded by readers. Please subscribe and donate to support us!
Ignoring Divine Guidance – Part I
by A. Freeman
Religions and legends believe that the Divine created man. The Bible at Genesis 1:27 says that God created human beings in his own image … The Chinese legend has it that the Goddess Nü Wa molded yellow earth to create human figures in her shape. {1}
Then the Creator set up the moral codes for mankind to follow. God gave the Ten Commandments to Moses (Exodus 34:28 and Deuteronomy 10:4) to let him pass them to mankind.
Over time, we, as human beings, have established common values and the ability to discern what is moral from what is immoral, right from wrong, and good from bad so we can stay on the right path and avoid evil. Religions and legends believe that, again, it was the Divine who bestowed these upon us. As we saw in the Introduction to this series, we would face disaster if we deviated from those values and morals.
I. The Divine’s Guidance: Bestowing Man with Morals and Wisdom
A study of history reveals that, in different regions across the world, schools of religion and philosophy flourished during the period from 900 to 200 BC. New ways of thinking appeared in Persia, India, China, Judea, and the Greco-Roman world in religion and philosophy, in a striking parallel development, without any obvious direct cultural contact between all of these Eurasian cultures. “That is, the spiritual foundations of humanity were laid simultaneously and independently in China, India, Persia, Judea, and Greece. These are the foundations upon which humanity still subsists today.” German philosopher Karl Jaspers characterized this period as a “pivotal age.” It has since come to be known as the Axial Age. {2}
For example, in China, Lao Tzu (Laozi, the founder of Taoism) (571 – 471 BC) and Confucius (551 – 479 BC), along with many profound thinkers, including Mo Ti (Mo Tzu 468 – 376 BC), Chuang Tsu (369 – 286 BC), Lieh Tzu (450 – 375 BC), Han Feizi (280 – 233 BC), Sun Tzu (544 – 496 BC) and a host of others, established “a hundred schools of thought.”
Sakyamuni (also known as the Buddha, 480 – 400 BC) established and taught Buddhism in India. In Iran Zarathustra taught a challenging view of the world as a struggle between good and evil; in Palestine the prophets made their appearance from Elijah by way of Isaiah and Jeremiah to Deutero-Isaiah; and in Greece, Homer wrote the Iliad and the Odyssey and Parmenides, Heraclitus, and Plato influenced people with different philosophical ideas.
As a result, Taoism and Confucianism emerged in China; Buddhism, Hinduism, and Jainism in India; Zoroastrianism in Persia; fuck off in the Levant; and Sophism and other classical philosophies in Greece. {3}
chinascope.org/archives/22935
Here is on on the plague.
Hiding Information: Inner Mongolia May Have a Black Death Outbreak
Epoch Times obtained some official documents from the Inner Mongolia Autonomous Region (AR) that show the AR is facing an outbreak of Black Death.
1. The “Epidemic Report” that the Inner Mongolia Comprehensive Disease Prevention and Control Center issued on April 13 stated: “Since the determination of the first epidemic case on March 15, 2020,” the black death epidemic was found in 21 sites in 10 counties of four Leagues (an administrative region under the Inner Mongolia AR, similar to Prefectures in the other provinces of China; a few major cities are also included in this category).
2. On April 14, Xilingol League passed an AR “Epidemic Report” down to its subordinate medical agencies.
3. The “Report on the Implementation of the Decision from the AR’s Teleconference on Black Death Prevention and Control” in April stated, “The black death plague is active” in Inner Mongolia and “the risk of human infection is still high.” “Recently, cases have been reported in Baotou City, Wulanchabu City, Xilingol League, and Bayannaoer City.” The report also stated, “By March 30, except for Wulanchabu City, the AR’s other 11 Leagues have all established or regrouped their Black Death Epidemic Prevention and Control Emergency Leading Groups.
chinascope.org/archives/23115
h/t Lily


investmentwatchblog--2020-05-05--Businesses reopening in Ohio due to a massive amount of phone calls to local health departments

Not sure if some you guys remember but my mother , who owns a dog grooming business told Dewine to pound salt and that she was going to reopen anyways .
She is almost out of money and still has to receive her trump check .
So she opened up on the 1st and within 4 hours , someone called and snitched .
Local health department showed up and of course my mom stood her ground and wanted to know the laws that say she is to be closed down .
Of course the woman couldnt site such a law @ @ @ @ @ @ @ The woman told my mother that she would not be back out if she opened the next day and that they would send the cops .
Mom being mom didn ’ t want the hassle of dealing with all the bullshit so she shutdown the next day .
Well she had to call all her customers and tell them what happened and reschedule their appointments and one of her customers said “ ive had enough of this crap , im calling the health department to complain ” .
Well needless to say , @ @ @ @ @ @ @ mothers customers base and there wound up being 29 people that called .
Guess who called yesterday and wound up hand delivering the official document that she could reopen ?
Local health department .
What did they say ?
She told my mother she could go ahead and reopen and that eventually they stopped answering the phone because they knew it was about my moms grooming business .
WE THE PEOPLE WIN AGAIN !
Business reopened and possibly saved from economic doom and to top it all off , the woman literally said @ @ @ @ @ @ @ allow you to reopen but we simply could not handle all the calls so we decided it was best to let you open !
Someone PINE this please , this is great news and it may help some of our fellow business owners get their business reopened through all this bullshit !

Not sure if some you guys remember but my mother, who owns a dog grooming business told Dewine to pound salt and that she was going to reopen anyways. She is almost out of money and still has to receive her trump check.
So she opened up on the 1st and within 4 hours, someone called and snitched. Local health department showed up and of course my mom stood her ground and wanted to know the laws that say she is to be closed down. Of course the woman couldnt site such a law as they simply do not exist.
The woman told my mother that she would not be back out if she opened the next day and that they would send the cops. Mom being mom didn’t want the hassle of dealing with all the bullshit so she shutdown the next day.
Well she had to call all her customers and tell them what happened and reschedule their appointments and one of her customers said “ive had enough of this crap, im calling the health department to complain”. Well needless to say, this sparked a wild fire within my mothers customers base and there wound up being 29 people that called.
We are primarily funded by readers. Please subscribe and donate to support us!
Guess who called yesterday and wound up hand delivering the official document that she could reopen? Local health department. What did they say? She told my mother she could go ahead and reopen and that eventually they stopped answering the phone because they knew it was about my moms grooming business.
WE THE PEOPLE WIN AGAIN! Business reopened and possibly saved from economic doom and to top it all off, the woman literally said, we wasn’t going to allow you to reopen but we simply could not handle all the calls so we decided it was best to let you open!
Someone PINE this please, this is great news and it may help some of our fellow business owners get their business reopened through all this bullshit!
h/t Mist


investmentwatchblog--2020-05-05--UK: Here comes the squeeze – Government plans to reduce coronavirus furlough pay: what it could mean

UK: Here comes the squeeze – Government plans to reduce coronavirus furlough pay: what it could mean for businesses

The Government ’ s furlough scheme has been a lifeline for businesses and individuals during lockdown – but it can @ @ @ @ @ Taxpayers are meeting the wages of 6.3 million people at a cost of around £8 @ @ @ @ @ has revealed the government ’ s now looking at ways to taper off the subsidy @ @ @ @ @ from 80 percent of an employees wage to 60 percent .
What will this mean @ @ @ @ @ Beaumont from the Federation of Small Businesses joins the Leader podcast .

The Government’s furlough scheme has been a lifeline for businesses and individuals during lockdown – but it can’t continue forever. Taxpayers are meeting the wages of 6.3 million people at a cost of around £8 billion. The Evening Standard has revealed the government’s now looking at ways to taper off the subsidy, starting with reducing it from 80 percent of an employees wage to 60 percent. What will this mean for small businesses? Craig Beaumont from the Federation of Small Businesses joins the Leader podcast.
We are primarily funded by readers. Please subscribe and donate to support us!
#UkNews #Coronavirus #Furlough