investmentwatchblog--2020-07-13--The Return Of Breadline! For First Time Since The Great Depression America Faces Starvation

The pandemic that has led to unprecedented chaos across the world and a spiraling economic collapse , supply chains , and living conditions for millions will take an even greater toll on starvation than experts previously anticipated .
Oxfam , an international confederation of charities dedicated to the fight against poverty , noted that this hit may be greater than the number of victims claimed by the disease itself .
In a world that was already struggling with issues of inequality and poverty , the health crisis has pushed millions over the edge , robbing them of job security , @ @ @ @ @ @ @ producers and workers in particular have been devastated by extended closures of facilities since they tend to be breeding grounds for the pandemic with their close quarters and lack of safety measures to stop the spread .
Already , we have begun to see the effects of the pandemic on food supply , and it is not only affecting places that already had high rates of hunger .
Images from the United States now look more like a third world country , with thousands waiting in lines to receive basic essentials like groceries @ @ @ @ @ @ @ .
Of course , these lines also pose serious health risks .
At this later stage in the pandemic , many people have forgone masks , and those monitoring the lines are less likely to be distributing hand sanitizer or even mandating social distancing measures .
The caution exhibited earlier this year has fallen by the wayside in many cases .
While some citizens are too paranoid to put themselves at risk , for many there is no other choice .
Food banks across the country have documented lines of cars that stretch @ @ @ @ @ @ @ to queue for hours in the summer heat .
Local government offices are so flooded with new filings for unemployment benefits that many people have to wait full days in line , and even then may find themselves returning the next day after failing to secure an in-person appointment .
Websites and phone lines are overwhelmed and the entire system seems to be coming apart at the seams .
In this video , we are going to discuss the darker sides of the pandemic .
We have already seen many side effects of @ @ @ @ @ @ @ will only continue to get worse as poverty and hunger grip the globe .
We are going to give you the data and the expert predictions , and tell you how you can prepare for the food shortages to come .
There are three major challenges that will lead to a spike in starvation-related issues .
First , the record rates of unemployment have left many Americans dependent on stimulus packages and unemployment benefits from the state and federal governments in order to pay rent , purchase groceries , and handle other basic @ @ @ @ @ @ @ at risk than others .
Gig workers and members of the informal economy do not enjoy the same level of social support .
Furthermore , backlog in the system means that , for many , aid payments have been delayed or remain unprocessed .
Second , the world ’ s food supply chain has been severely disrupted by the pandemic .
In the US , meat processing plants have been hit particularly hard .
According to a report released by The Guardian earlier this month , over 36,000 meat processing and farm workers @ @ @ @ @ @ @ the pandemic , and the real numbers are likely even higher .
A staggering 17,300 of these cases occurred in April and May , but many of the facilities that closed temporarily and then reopened experienced second waves .
These outbreaks are due in large part to the conditions at processing plants , in which every 1,000 square feet of manufacturing space is filled with 3.2 workers .
This figure is three times the national average , and makes spread much more likely .
Third , travel restrictions both domestically and internationally make @ @ @ @ @ @ @ distributed to all of the many places where it is desperately needed .
These lockdowns also impact farmers , who rely on free-flowing transportation to sell and deliver their goods , and workers who are unable to show up and do their jobs .
When you factor in other worsening world issues like geopolitical tensions , climate change , and inequality , the situation looks even more dire .
All of these run the risk of putting further stress on the global cooperation and trade that is needed to address starvation and poverty @

The pandemic that has led to unprecedented chaos across the world and a spiraling economic collapse, supply chains, and living conditions for millions will take an even greater toll on starvation than experts previously anticipated.
Oxfam, an international confederation of charities dedicated to the fight against poverty, noted that this hit may be greater than the number of victims claimed by the disease itself. In a world that was already struggling with issues of inequality and poverty, the health crisis has pushed millions over the edge, robbing them of job security, homes, and loved ones. Food producers and workers in particular have been devastated by extended closures of facilities since they tend to be breeding grounds for the pandemic with their close quarters and lack of safety measures to stop the spread.
Already, we have begun to see the effects of the pandemic on food supply, and it is not only affecting places that already had high rates of hunger. Images from the United States now look more like a third world country, with thousands waiting in lines to receive basic essentials like groceries, unemployment benefits, or rapid tests.
Of course, these lines also pose serious health risks. At this later stage in the pandemic, many people have forgone masks, and those monitoring the lines are less likely to be distributing hand sanitizer or even mandating social distancing measures. The caution exhibited earlier this year has fallen by the wayside in many cases. While some citizens are too paranoid to put themselves at risk, for many there is no other choice.
Food banks across the country have documented lines of cars that stretch for miles. Testing sites require citizens to queue for hours in the summer heat. Local government offices are so flooded with new filings for unemployment benefits that many people have to wait full days in line, and even then may find themselves returning the next day after failing to secure an in-person appointment. Websites and phone lines are overwhelmed and the entire system seems to be coming apart at the seams.
In this video, we are going to discuss the darker sides of the pandemic. We have already seen many side effects of the next Great Depression, but things will only continue to get worse as poverty and hunger grip the globe. We are going to give you the data and the expert predictions, and tell you how you can prepare for the food shortages to come.
We are primarily funded by readers. Please subscribe and donate to support us!
There are three major challenges that will lead to a spike in starvation-related issues.
First, the record rates of unemployment have left many Americans dependent on stimulus packages and unemployment benefits from the state and federal governments in order to pay rent, purchase groceries, and handle other basic expenses. However, some are more at risk than others. Gig workers and members of the informal economy do not enjoy the same level of social support. Furthermore, backlog in the system means that, for many, aid payments have been delayed or remain unprocessed.
Second, the world’s food supply chain has been severely disrupted by the pandemic. In the US, meat processing plants have been hit particularly hard. According to a report released by The Guardian earlier this month, over 36,000 meat processing and farm workers have tested positive since the start of the pandemic, and the real numbers are likely even higher. A staggering 17,300 of these cases occurred in April and May, but many of the facilities that closed temporarily and then reopened experienced second waves. These outbreaks are due in large part to the conditions at processing plants, in which every 1,000 square feet of manufacturing space is filled with 3.2 workers. This figure is three times the national average, and makes spread much more likely.
Third, travel restrictions both domestically and internationally make it difficult for humanitarian aid to be distributed to all of the many places where it is desperately needed. These lockdowns also impact farmers, who rely on free-flowing transportation to sell and deliver their goods, and workers who are unable to show up and do their jobs.
When you factor in other worsening world issues like geopolitical tensions, climate change, and inequality, the situation looks even more dire. All of these run the risk of putting further stress on the global cooperation and trade that is needed to address starvation and poverty.


investmentwatchblog--2020-07-13--Global Economic Collapse as Tech Stocks Skyrocket? Gary Shilling Sees 1930s Level DROP!

Can stocks rise while an economy falls forever ?
Can the divide between MAIN STREET and WALL STREET get worse forever ?
Or will they eventually find each other once again ?
Isn ’ t it strange that we are seeing record highs within certain stocks during a time in which the economy is under its worst conditions in a century ?
Isn ’ t a weird that there is negative growth and prospects for many sectors , and yet the market roars higher ?
Or is it possible that we ’ re simply watching a movie , a predefined @ @ @ @ @ @ @ stock market could see a 1930s-like decline ( 24 ) Jeffrey Gundlach on Twitter : “ Why bother with any taxes at all if Chair Powell is correct that there is no limit to expanding the Fed ’ s balance sheet ?
Implicit in his declaration is that the whole tax collection system is a royal waste of resources.
” / Twitter Nasdaq stocks led by Tesla continue their blistering run while chill envelops rest of the market This Is What It Looks Like When a Texas Oil Boom Busts – WSJ Nordstrom @ @ @ @ @ @ @ rent until January 2021 | Retail Dive

Can stocks rise while an economy falls forever? Can the divide between MAIN STREET and WALL STREET get worse forever? Or will they eventually find each other once again?
Isn’t it strange that we are seeing record highs within certain stocks during a time in which the economy is under its worst conditions in a century? Isn’t a weird that there is negative growth and prospects for many sectors, and yet the market roars higher? Or is it possible that we’re simply watching a movie, a predefined script? Well…
Novogratz Says Stock Bubble Spurring ‘Dangerous Valuations’ – Bloomberg
www.bloomberg.com/news/articles/2020-07-10/novogratz-says-stock-bubble-is-spurring-dangerous-valuations
Gary Shilling says the stock market could see a 1930s-like decline
www.cnbc.com/2020/07/06/gary-shilling-says-the-stock-market-could-see-a-1930s-like-decline.html
(24) Jeffrey Gundlach on Twitter: “Why bother with any taxes at all if Chair Powell is correct that there is no limit to expanding the Fed’s balance sheet? Implicit in his declaration is that the whole tax collection system is a royal waste of resources.” / Twitter
twitter.com/TruthGundlach/status/1266526825770938368
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Nasdaq stocks led by Tesla continue their blistering run while chill envelops rest of the market
www.cnbc.com/2020/07/11/nasdaq-stocks-led-by-tesla-continue-their-blistering-run-while-chill-envelops-rest-of-the-market.html
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This Is What It Looks Like When a Texas Oil Boom Busts – WSJ
www.wsj.com/articles/this-is-what-it-looks-like-when-a-texas-oil-boom-busts-11594440031
Nordstrom tells landlords to expect just half their rent until January 2021 | Retail Dive
www.retaildive.com/news/nordstrom-tells-landlords-to-expect-just-half-their-rent-until-january-2021/580975/
New York City’s Transit System Faces Unprecedented Financial Reckoning – WSJ
www.wsj.com/articles/new-york-citys-transit-system-faces-unprecedented-financial-reckoning-11594476000


investmentwatchblog--2020-07-13--Tucker Carlson & Brit Hume Discuss the GRIM Reality of Future Elections

Scott Morefield from The Daily Caller reports , Fox News host Tucker Carlson and Fox News political analyst Brit Hume @ @ @ @ @ 2020 election and the likelihood of a Democratic “ one-party state ” during a Thursday @ @ @ @ @ ” segment .

Scott Morefield from The Daily Caller reports, Fox News host Tucker Carlson and Fox News political analyst Brit Hume discussed the importance of the 2020 election and the likelihood of a Democratic “one-party state” during a Thursday night “Tucker Carlson Tonight” segment.
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investmentwatchblog--2020-07-13--Don’t be like me, find meaning in your life because this cannot sustain you.

Yes , this is sort of a cope post but I hope it helps someone out there .
I ’ m 36 years old and quit my full time job in 2016 to day trade with $ 180k that I had made from trading 6 months prior .
Between then and now , I have becoming a multi-millionaire three times , my ATH was 3.8MM , went back down to 800k , back up to 2.4MM , back down to 1.4MM , etc .
Over and over again , people online told me to take profits , to move into @ @ @ @ @ @ @ believe you can make millions in half a year , you don ’ t listen to any of that .
I honestly thought I was wolf of Wall Street , and there ARE immense benefits to making that kind of money .
I paid off my condo , bought a new car , travelled the world for a year ( while trading ) , and have done luxurious things I NEVER imagined I ’ d experience before .
All and all I took home probably about 1.6MM , but in reality only took @ @ @ @ @ @ @ be even less if I earned it all within one tax year , but was split into 3 ) .
Besides my assets , I have 90k left in cash , and I just can ’ t trade anymore .
It completely fried me and to boot it taught me no life skills .
You don ’ t learn anything from trading in this manner except how to fool yourself into think you aren ’ t gambling and wasting your life .
More importantly , it wasted so much of the prime years @ @ @ @ @ @ @ to cry right now .
Your 20s and 30s are when you should be making your way in the world , growing and learning , not hunched over a lap top and being unable to sleep due to sheer avarice and worry .
I wasted so much of my life chasing phantoms and with that mindset it will NEVER be enough .
You will make a million , then another , then another , maybe lose it all but even if you don ’ t , you pay a price for the money @ @ @ @ @ @ @ t think it ’ s a good deal .
Nice things won ’ t make you happy , but financial security will .
If you make a million or two , you might want to consider taking a step back and analyzing your life to see if you ’ re happy .
The risk , the stress , and the time you spend in the market will only grow as you make more and it is so fucking dangerous .
I was making 85k at my job , I wish I had stayed @ @ @ @ @ @ @ I made an ok amount of money but it cost me 4 years of my sanity , and held against what I would have earned , plus maybe raises , It really only was about 650k that I traded 4 prime years of my life for .
Do something with your life , don ’ t be like me and be some jobless idiot who fooled himself into think he was a trader , with no direction who clings onto a rigged market for dear life .
Disclaimer : This information is only @ @ @ @ @ @ @ any investment decisions based on the information in this article .
Do you own due diligence .

by BitcoinIsFemale
Yes, this is sort of a cope post but I hope it helps someone out there.
I’m 36 years old and quit my full time job in 2016 to day trade with $180k that I had made from trading 6 months prior. Between then and now, I have becoming a multi-millionaire three times, my ATH was 3.8MM, went back down to 800k, back up to 2.4MM, back down to 1.4MM, etc.
Over and over again, people online told me to take profits, to move into safer investments, etc. When you believe you can make millions in half a year, you don’t listen to any of that. I honestly thought I was wolf of Wall Street, and there ARE immense benefits to making that kind of money. I paid off my condo, bought a new car, travelled the world for a year (while trading), and have done luxurious things I NEVER imagined I’d experience before.
All and all I took home probably about 1.6MM, but in reality only took in maybe 1.1MM after taxes (would be even less if I earned it all within one tax year, but was split into 3).
We are primarily funded by readers. Please subscribe and donate to support us!
Besides my assets, I have 90k left in cash, and I just can’t trade anymore. It completely fried me and to boot it taught me no life skills. You don’t learn anything from trading in this manner except how to fool yourself into think you aren’t gambling and wasting your life.
More importantly, it wasted so much of the prime years of my life that I actually want to cry right now. Your 20s and 30s are when you should be making your way in the world, growing and learning, not hunched over a lap top and being unable to sleep due to sheer avarice and worry. I wasted so much of my life chasing phantoms and with that mindset it will NEVER be enough. You will make a million, then another, then another, maybe lose it all but even if you don’t, you pay a price for the money you make, and I don’t think it’s a good deal.
Nice things won’t make you happy, but financial security will. If you make a million or two, you might want to consider taking a step back and analyzing your life to see if you’re happy. The risk, the stress, and the time you spend in the market will only grow as you make more and it is so fucking dangerous.
I was making 85k at my job, I wish I had stayed and just been a normal person. I made an ok amount of money but it cost me 4 years of my sanity, and held against what I would have earned, plus maybe raises, It really only was about 650k that I traded 4 prime years of my life for. Do something with your life, don’t be like me and be some jobless idiot who fooled himself into think he was a trader, with no direction who clings onto a rigged market for dear life.
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--2020-07-13--Mollie Hemingway EXPOSES The Media’s Evil Plan to take out Trump

Mike LaChance from American Lookout reports , Mollie Hemingway has become an outstanding media analyst in the age of Trump @

Mike LaChance from American Lookout reports, Mollie Hemingway has become an outstanding media analyst in the age of Trump.
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investmentwatchblog--2020-07-13--WOW! Michael Cohen Sent Back to Jail After Violating Conditions of Home Confinement

Collin Rugg from Trending Politics reports , On Thursday , Michael Cohen was sent back to prison after he was @ @ @ @ @ in Manhattan which broke his conditions of home confinement .

Collin Rugg from Trending Politics reports, On Thursday, Michael Cohen was sent back to prison after he was caught eating at a restaurant in Manhattan which broke his conditions of home confinement.
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trendingpolitics.com/michael-…


investmentwatchblog--2020-07-13--Bank Collapse In China! Banks Preparing For Bank Runs And Being Cut Off From SWIFT!

Chinese banks are in the list of entities that will be punished for serving the Chinese officials who are enacting the national security law in Hong Kong .
These Chinese banks will be sanctioned by the United States and this means that they will be cut from accessing some privileges in the financial world .
This is a nightmare for the Chinese financial sector considering the fact that the Finance sector in china is not as developed as that of the US .
It has been reported by Reuters that the worst case scenarios that is being considered by the @ @ @ @ @ @ @ bank of China ( ICBC ) will be being cut out of the dollar based system .
This means that they will be cut out of the dollar and as a result they will not be able to access US dollar settlements .
In the worst case scenario , these banks are also considering the fact that their customers would over react should the branches in Hong Kong run out of the US dollar currency .
One of the major news sources has also reported that if 500,000 rich Hong Kongers leave the @ @ @ @ @ @ @ to the US dollar would collapse and this would be disastrous to the Hong Kong economy .
Possibly this can end up causing the biggest financial crisis in the history of Hong Kong .
If these Chinese banks are cut out of the US dollar , experts are warning that the spiral that happened to the Iranian banks might happen with some of the banks operating in China .
For many times since the 1979 Islamic Revolution , the Iranian banks have been hit by the US sanctions and this has had a @ @ @ @ @ @ @ .
Experts are warning that if this happens , the financial sectors in Hong Kong and the mainland China will be affected in a big way .
In this state , it is clear that the Chinese banks are hoping for the best but still preparing for the worst because what is going to happen is still unclear .
In a recent reportage Reuters also said that these contingency plans are being initiated by the banks themselves since they have the most to lose in case the United States triggers a massive bank @ @ @ @ @ @ @ implementing the security law in Hong Kong , the Chinese financial sector and economy at large will suffer from the US sanctions .
Other countries in the Indo pacific region like India are also not happy with the increased Chinese aggression in the region and as a result , there is a big call to boycott Chinese products and technologies .
China has lost the global trust and for this reason , many nations are boycotting China and this is the reason why Chinese companies like Huawei have been banned in many western @ @ @ @ @ @ @ Chinese economy will suffer and this means that the overextended growth of the Chinese economy will not be sustained for long .
The Chinese economy is already on the verge of a collapse and the US decoupling with China in the financial sector might be the final blow .
The United States and other western countries are boycotting China in a very strong way and with the current bill , the China ’ s financial sector will be hit in a big way .
Probably this will trigger a financial crisis within the @ @ @ @ @ @ @ China will be cut out of the SWIFT or denied access to the US dollars , bank runs will be the new normal in China and the Chinese economy will suffer a permanent damage .

Chinese banks are in the list of entities that will be punished for serving the Chinese officials who are enacting the national security law in Hong Kong. These Chinese banks will be sanctioned by the United States and this means that they will be cut from accessing some privileges in the financial world. This is a nightmare for the Chinese financial sector considering the fact that the Finance sector in china is not as developed as that of the US.
It has been reported by Reuters that the worst case scenarios that is being considered by the Chinese commercial banks and the Industrial commercial bank of China (ICBC) will be being cut out of the dollar based system. This means that they will be cut out of the dollar and as a result they will not be able to access US dollar settlements.
In the worst case scenario, these banks are also considering the fact that their customers would over react should the branches in Hong Kong run out of the US dollar currency. One of the major news sources has also reported that if 500,000 rich Hong Kongers leave the city, the Hong Kong Dollar peg to the US dollar would collapse and this would be disastrous to the Hong Kong economy. Possibly this can end up causing the biggest financial crisis in the history of Hong Kong. If these Chinese banks are cut out of the US dollar, experts are warning that the spiral that happened to the Iranian banks might happen with some of the banks operating in China. For many times since the 1979 Islamic Revolution, the Iranian banks have been hit by the US sanctions and this has had a serious effect to the economy of Iran. Experts are warning that if this happens, the financial sectors in Hong Kong and the mainland China will be affected in a big way. In this state, it is clear that the Chinese banks are hoping for the best but still preparing for the worst because what is going to happen is still unclear. In a recent reportage Reuters also said that these contingency plans are being initiated by the banks themselves since they have the most to lose in case the United States triggers a massive bank run in Chinese banks.
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Because of implementing the security law in Hong Kong, the Chinese financial sector and economy at large will suffer from the US sanctions. Other countries in the Indo pacific region like India are also not happy with the increased Chinese aggression in the region and as a result, there is a big call to boycott Chinese products and technologies. China has lost the global trust and for this reason, many nations are boycotting China and this is the reason why Chinese companies like Huawei have been banned in many western nations. Because of this, the Chinese economy will suffer and this means that the overextended growth of the Chinese economy will not be sustained for long. The Chinese economy is already on the verge of a collapse and the US decoupling with China in the financial sector might be the final blow. The United States and other western countries are boycotting China in a very strong way and with the current bill, the China’s financial sector will be hit in a big way. Probably this will trigger a financial crisis within the China’s bubbled economy. If China will be cut out of the SWIFT or denied access to the US dollars, bank runs will be the new normal in China and the Chinese economy will suffer a permanent damage.


investmentwatchblog--2020-07-13--The entire $FAAMNG business model is geared to keep us all glued to screens…. Is the Russell 2000 ex

The entire $FAAMNG business model is geared to keep us all glued to screens…. Is the Russell 2000 expensive?

The entire $ FAAMNG business model is geared to keep us all glued to screens .
That 's how it @ @ @ @ @ it needs engagement .
It thrives on outrage , emotions & fear & drama .
@ @ @ @ @ any wonder society is getting ever more fragmented & angry ?
It 's the goal @

The entire $FAAMNG business model is geared to keep us all glued to screens.
That's how it makes money.
For that it needs engagement.
It thrives on outrage, emotions & fear & drama. Ratings.
So is it any wonder society is getting ever more fragmented & angry?
It's the goal.
— Sven Henrich (@NorthmanTrader) July 12, 2020


investmentwatchblog--2020-07-13--GLOBAL RETAIL, PROPERTY DELINQUENCIES, HEALTHCARE BANKRUPTCIES…

Earnings for the S & P 500 Are Expected to Decline by 44 % , the Worst Drop Since 2008 @ @ @ @ @ years is about to begin , and stocks could shrug off sharp profit declines , @ @ @ @ @ recovery .

The worst earnings season in years is about to begin, and stocks could shrug off sharp profit declines, if companies see signs of recovery.
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TFP has been pretty weak pic.twitter.com/eCA1hda8Ec — Christopher Hill (@Think_more84) July 13, 2020
The ticking time bomb nobody talks about. pic.twitter.com/cNUHxndMNH — Sven Henrich (@NorthmanTrader) July 13, 2020


investmentwatchblog--2020-07-13--Central banks have created an “Ultra-Fragile” world ( opp. of Taleb’s Anti Fragile). Bad is good, wo

Central banks have created an “Ultra-Fragile” world ( opp. of Taleb’s Anti Fragile). Bad is good, worse = better, the good goes only to Top 10%… These companies needed the Fed?

Central banks have created an `` Ultra-Fragile '' world ( opp .
of Taleb 's Anti Fragile ) .
Bad @ @ @ @ @ better , the good goes only to Top 10 % , nothing fundamental matters , @ @ @ @ @ , Fed papers over it 's mistakes , a Ponzi where normalization = crash pic.twitter.com/veyYywLHsg

Central banks have created an "Ultra-Fragile" world ( opp. of Taleb's Anti Fragile). Bad is good, worse = better, the good goes only to Top 10%, nothing fundamental matters, debt replaces healthy growth inputs, Fed papers over it's mistakes, a Ponzi where normalization = crash pic.twitter.com/veyYywLHsg
— M/I_Investments (@MI_Investments) July 13, 2020


investmentwatchblog--2020-07-13--The hit to the economy hasn’t really begun. If what I’ve laid out for reinfections is actually ‘a th

The hit to the economy hasn’t really begun. If what I’ve laid out for reinfections is actually ‘a thing.’ Which I think it is.

As was true in January and February , we ’ re having to operate here in July on incomplete information concerning re-infections .
Why ?
Simple numbers .
If it takes 3-6 months for one ’ s antibodies to wane enough for re-infection to be ‘ a thing ’ AND someone has to be exposed again ( when a low percentage of the population is infected at all ) , then we ’ re scraping around in a very shallow barrel of possible subjects .
Consider that in March 23rd there were only 100k that had ‘ recovered.
’ No @ @ @ @ @ @ @ March 23rd , I was just trying to find out when 100k people had recovered so we could start the clock for the pool of people who might be candidates for re-infection here ~4 months later .
Presumably that 100k cohort is much less susceptible to being re-infected .
First because some number of them have long ( er ) lasting immunity .
Second because we might guess they ’ d be a bit more careful like this person : That poor person !
Took a rare chance and rolled snake eyes .
@ @ @ @ @ @ @ s odds of being infected at all during a 4 month runs are in the vicinity of 5 % ( Spain ’ s numbers ) , and that at least 50 % of the formerly infected are immune ( probably higher , but I ’ m being conservative ) and that the formerly infected are a further 50 % more careful than the average person , the math says 100k x 0.05 x 0.5 x 0.5 = 1250 .
We ’ re going to be searching for a relatively small group of people @ @ @ @ @ @ @ are surprisingly easy to find .
Here ’ s one , with testing .
My patient caught Covid-19 twice .
So long to herd immunity hopes .
“ Wait .
I can catch Covid twice ?
” my 50-year-old patient asked in disbelief .
It was the beginning of July , and he had just tested positive for SARS-CoV-2 , the virus that causes Covid-19 , for a second time — three months after a previous infection .
While there ’ s still much we don ’ t understand about immunity to this @ @ @ @ @ @ @ number of cases like his suggest the answer is “ yes.
” Covid-19 may also be much worse the second time around .
During his first infection , my patient experienced a mild cough and sore throat .
His second infection , in contrast , was marked by a high fever , shortness of breath , and hypoxia , resulting in multiple trips to the hospital .
Recent reports and conversations with physician colleagues suggest my patient is not alone .
Two patients in New Jersey , for instance , appear to have @ @ @ @ @ @ @ months after fully recovering from their first infection .
Daniel Griffin , a physician and researcher at Columbia in New York , recently described a case of presumed reinfection on the This Week in Virology podcast .
It is possible , but unlikely , that my patient had a single infection that lasted three months .
Some Covid-19 patients ( now dubbed “ long haulers ” ) do appear to suffer persistent infections and symptoms .
My patient , however , cleared his infection — he had two negative PCR tests after his @ @ @ @ @ @ @ nearly six weeks .
The emerging long-term complications of Covid-19 , explained I believe it is far more likely that my patient fully recovered from his first infection , then caught Covid-19 a second time after being exposed to a young adult family member with the virus .
He was unable to get an antibody test after his first infection , so we do not know whether his immune system mounted an effective antibody response or not .
Regardless , the limited research so far on recovered Covid-19 patients shows that not all @ @ @ @ @ @ @ patients , and particularly those who never develop symptoms , mount an antibody response immediately after infection only to have it wane quickly afterward — an issue of increasing scientific concern .
What ’ s more , repeat infections in a short time period are a feature of many viruses , including other coronaviruses .
So if some Covid-19 patients are getting reinfected after a second exposure , it would not be particularly unusual .
In general , the unknowns of immune responses to SARS-CoV-2 currently outweigh the knowns .
We do not @ @ @ @ @ @ @ someone is infected with the virus , we do not know how long that immunity may last , and we do not know how many antibodies are needed to mount an effective response .
And although there is some hope regarding cellular immunity ( including T-cell responses ) in the absence of a durable antibody response , the early evidence of reinfections puts the effectiveness of these immune responses in question as well .
Also troubling is that my patient ’ s case , and others like his , may dim the hope @ @ @ @ @ @ @ depends on the theory that our immune systems , once exposed to a pathogen , will collectively protect us as a community from reinfection and further spread .
So , yes , a second infection is ‘ a thing.
’ However I am , again , operating on thin information and making my best assessment of what ’ s available to analyze .
Such is the nature of the honey badger virus .
One of these days I ’ ll get something big wrong , but so far my ability to parse the @ @ @ @ @ @ @ reason this is so important is because of the fact that my country has gone bonkers and is unable to process the logic behind masks or ‘ endure ’ a proper lockdown period .
You know , gray hair roots , and the need to attend a buffet or a Disney ride and all that .
Which means herd immunity is the only way out of this nightmare .
And reinfections imply that herd immunity isn ’ t going to be ‘ a thing ’ which then implies that we either live with @ @ @ @ @ @ @ by a super flu that can whollop us 2 times per year with the potential for life-long damage , or we actually go hard and lockdown for long enough to beat this thing ( like China , Taiwan , Hong Kong , and so many other countries have actually done ) .
Either way , the hit to the economy hasn ’ t really begun .
If what I ’ ve laid out for reinfections is actually ‘ a thing.
’ Which I think it is .

by Chris Martenson
Relapse?
As was true in January and February, we’re having to operate here in July on incomplete information concerning re-infections. Why? Simple numbers. If it takes 3-6 months for one’s antibodies to wane enough for re-infection to be ‘a thing’ AND someone has to be exposed again (when a low percentage of the population is infected at all), then we’re scraping around in a very shallow barrel of possible subjects.
Consider that in March 23rd there were only 100k that had ‘recovered.’
No, there’s nothing special about March 23rd, I was just trying to find out when 100k people had recovered so we could start the clock for the pool of people who might be candidates for re-infection here ~4 months later.
Presumably that 100k cohort is much less susceptible to being re-infected. First because some number of them have long(er) lasting immunity. Second because we might guess they’d be a bit more careful like this person:
That poor person! Took a rare chance and rolled snake eyes.
So if we estimate that anybody’s odds of being infected at all during a 4 month runs are in the vicinity of 5% (Spain’s numbers), and that at least 50% of the formerly infected are immune (probably higher, but I’m being conservative) and that the formerly infected are a further 50% more careful than the average person, the math says 100k x 0.05 x 0.5 x 0.5 = 1250.
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We’re going to be searching for a relatively small group of people here in the US.
Those stories are surprisingly easy to find. Here’s one, with testing.
My patient caught Covid-19 twice. So long to herd immunity hopes. Emerging cases of Covid-19 reinfection suggest herd immunity is wishful thinking. By D. Clay Ackerly Jul 12, 2020 “Wait. I can catch Covid twice?” my 50-year-old patient asked in disbelief. It was the beginning of July, and he had just tested positive for SARS-CoV-2, the virus that causes Covid-19, for a second time — three months after a previous infection. While there’s still much we don’t understand about immunity to this new illness, a small but growing number of cases like his suggest the answer is “yes.” Covid-19 may also be much worse the second time around. During his first infection, my patient experienced a mild cough and sore throat. His second infection, in contrast, was marked by a high fever, shortness of breath, and hypoxia, resulting in multiple trips to the hospital. Recent reports and conversations with physician colleagues suggest my patient is not alone. Two patients in New Jersey, for instance, appear to have contracted Covid-19 a second time almost two months after fully recovering from their first infection. Daniel Griffin, a physician and researcher at Columbia in New York, recently described a case of presumed reinfection on the This Week in Virology podcast. It is possible, but unlikely, that my patient had a single infection that lasted three months. Some Covid-19 patients (now dubbed “long haulers”) do appear to suffer persistent infections and symptoms. My patient, however, cleared his infection — he had two negative PCR tests after his first infection — and felt healthy for nearly six weeks. The emerging long-term complications of Covid-19, explained
I believe it is far more likely that my patient fully recovered from his first infection, then caught Covid-19 a second time after being exposed to a young adult family member with the virus. He was unable to get an antibody test after his first infection, so we do not know whether his immune system mounted an effective antibody response or not. Regardless, the limited research so far on recovered Covid-19 patients shows that not all patients develop antibodies after infection. Some patients, and particularly those who never develop symptoms, mount an antibody response immediately after infection only to have it wane quickly afterward — an issue of increasing scientific concern. What’s more, repeat infections in a short time period are a feature of many viruses, including other coronaviruses. So if some Covid-19 patients are getting reinfected after a second exposure, it would not be particularly unusual. In general, the unknowns of immune responses to SARS-CoV-2 currently outweigh the knowns. We do not know how much immunity to expect once someone is infected with the virus, we do not know how long that immunity may last, and we do not know how many antibodies are needed to mount an effective response. And although there is some hope regarding cellular immunity (including T-cell responses) in the absence of a durable antibody response, the early evidence of reinfections puts the effectiveness of these immune responses in question as well. Also troubling is that my patient’s case, and others like his, may dim the hope for natural herd immunity. Herd immunity depends on the theory that our immune systems, once exposed to a pathogen, will collectively protect us as a community from reinfection and further spread.
So, yes, a second infection is ‘a thing.’
However I am, again, operating on thin information and making my best assessment of what’s available to analyze. Such is the nature of the honey badger virus.
One of these days I’ll get something big wrong, but so far my ability to parse the early data has been accurate.
The reason this is so important is because of the fact that my country has gone bonkers and is unable to process the logic behind masks or ‘endure’ a proper lockdown period. You know, gray hair roots, and the need to attend a buffet or a Disney ride and all that.
Which means herd immunity is the only way out of this nightmare. And reinfections imply that herd immunity isn’t going to be ‘a thing’ which then implies that we either live with the nightmare possibility of being laid out by a super flu that can whollop us 2 times per year with the potential for life-long damage, or we actually go hard and lockdown for long enough to beat this thing (like China, Taiwan, Hong Kong, and so many other countries have actually done).
Either way, the hit to the economy hasn’t really begun. If what I’ve laid out for reinfections is actually ‘a thing.’ Which I think it is.


investmentwatchblog--2020-07-13--How do cell phones cause cancer? Studies explain

( Natural News ) The latest data from the Pew Research Center estimates that 96 percent of American adults own a cell phone .
Given the sheer number of people using cell phones , scientists have been keen to establish a link between cell phone use and chronic diseases like cancer .
Recent research suggests that the brain is the most susceptible organ when it comes to exposure to radiation from cell phones .
Current research singled out two types of brain tumor — the malignant gliomas and the benign acoustic neuromas — that arise due to exposure to cell @ @ @ @ @ @ @ the most common types of brain tumors .
They occur in the glial cells , which are located around nerve cells , providing support and insulation between them .
Like most types of brain tumors , the etiology of gliomas is unknown .
People considered at risk include older adults between 45 and 65 years old as well as those who ’ re exposed to radiation .
( Related : New report : Wireless technology causes brain damage . )
An article published in the journal Surgical Neurology reviewed previous peer-reviewed studies on @ @ @ @ @ @ @ the risk of developing a brain tumor .
The researchers found that regular cell phone use for 10 or more years doubled the risk of being diagnosed with glioma and acoustic neuroma on the side of the head preferred for cell phone use .
This review is backed up by the 2017 supplement to the BioInitiative Report which also reported a consistent finding of increased risk of both associated with cell phone use .
These adverse effects arise because cell phones emit non-ionizing radiation , which the human body absorbs .
A study @ @ @ @ @ @ @ s National Toxicology Program has shown that high enough amounts of radiation from cell phones caused tumors in tissues surrounding the nerve cells of male rats .
“ Without question , cell phones emit radiation , ” says Jennifer Simmons , a board-certified breast surgeon and the chief of breast surgery at Einstein Medical Center Montgomery in Philadelphia .
“ Even low-level radiation builds over time .
There is conclusive evidence that radiation is associated with an increased risk of cancers.
” How to minimize exposure to harmful radiation It ’ s fairly @ @ @ @ @ @ @ effects of radiation , especially when it ’ s coming from their cell phones .
These days , people rely on their phones for just about anything from updates at work to meeting people online .
Despite these challenges , experts still suggest minimizing exposure whenever possible .
“ It ’ s non-ionizing radiation that you expose your body tissue to .
If you can use a headphone device , so the device is not right next to your brain , why not use that ?
We call that a precautionary principle , @ @ @ @ @ @ @ of oncology at Roswell Park Comprehensive Cancer Center in Buffalo , New York .
Aside from using headphone devices , there are other ways to lower radiation exposure .
First , you can place your phone away from you when you sleep .
If you ’ re out and need to keep your phone secure , avoid putting it in your pocket ; put it in your bag instead .
If your call is taking too long , try to put it on loudspeaker to minimize your exposure to radiation .
Follow Radiation.news @ @ @ @ @ @ @ of cell phone use .

by: Virgilio Marin
(Natural News) The latest data from the Pew Research Center estimates that 96 percent of American adults own a cell phone. Given the sheer number of people using cell phones, scientists have been keen to establish a link between cell phone use and chronic diseases like cancer. Recent research suggests that the brain is the most susceptible organ when it comes to exposure to radiation from cell phones.
Cell phones increase risk of developing brain tumors
Current research singled out two types of brain tumor — the malignant gliomas and the benign acoustic neuromas — that arise due to exposure to cell phone radiation.
Gliomas are one of the most common types of brain tumors. They occur in the glial cells, which are located around nerve cells, providing support and insulation between them. Like most types of brain tumors, the etiology of gliomas is unknown. People considered at risk include older adults between 45 and 65 years old as well as those who’re exposed to radiation. (Related: New report: Wireless technology causes brain damage.)
An article published in the journal Surgical Neurology reviewed previous peer-reviewed studies on the relationship between cell phone usage and the risk of developing a brain tumor. The researchers found that regular cell phone use for 10 or more years doubled the risk of being diagnosed with glioma and acoustic neuroma on the side of the head preferred for cell phone use.
This review is backed up by the 2017 supplement to the BioInitiative Report which also reported a consistent finding of increased risk of both associated with cell phone use.
These adverse effects arise because cell phones emit non-ionizing radiation, which the human body absorbs. A study from the National Institutes of Health’s National Toxicology Program has shown that high enough amounts of radiation from cell phones caused tumors in tissues surrounding the nerve cells of male rats.
“Without question, cell phones emit radiation,” says Jennifer Simmons, a board-certified breast surgeon and the chief of breast surgery at Einstein Medical Center Montgomery in Philadelphia. “Even low-level radiation builds over time. There is conclusive evidence that radiation is associated with an increased risk of cancers.”
How to minimize exposure to harmful radiation
It’s fairly challenging for people to escape the harmful effects of radiation, especially when it’s coming from their cell phones. These days, people rely on their phones for just about anything from updates at work to meeting people online.
Despite these challenges, experts still suggest minimizing exposure whenever possible.
“It’s non-ionizing radiation that you expose your body tissue to. If you can use a headphone device, so the device is not right next to your brain, why not use that? We call that a precautionary principle,” says Kirsten Moyisch, a professor of oncology at Roswell Park Comprehensive Cancer Center in Buffalo, New York.
We are primarily funded by readers. Please subscribe and donate to support us!
Aside from using headphone devices, there are other ways to lower radiation exposure. First, you can place your phone away from you when you sleep. If you’re out and need to keep your phone secure, avoid putting it in your pocket; put it in your bag instead. If your call is taking too long, try to put it on loudspeaker to minimize your exposure to radiation.
Follow Radiation.news to learn more about the adverse effects of cell phone use.
Sources include:
PewResearch.org
GreenMedinfo.com
MayoClinic.org
PubMed.NCBI.NLM.NIH.gov
BioInitiative.org [PDF]
NIEHS.NIH.gov
Healthline.com
RoswellPark.org


investmentwatchblog--2020-07-13--Trump CAVES: Directly funds BILL GATES ‘Global Alliance VACCINE Initiative’ after ‘withdrawing’ mone

Trump CAVES: Directly funds BILL GATES ‘Global Alliance VACCINE Initiative’ after ‘withdrawing’ money from WHO

Trump CAVES and directly funds BILL GATES ‘ Global Alliance VACCINE Initiative ’ after ‘ withdrawing ’ money from WHO .
Now Gates won ’ t have to deal with pesky bureaucracy and can pocket those sweet funds directly .
Trump now has his State Department directing funds to the Gates Foundations ‘ Global Alliance Vaccine Initiate ’ via USAID .
Upwards of 2 Billion will now be given directly to Bill Gates .
——————— President Donald Trump sent a video message of support for the Gates Global Vaccine Alliance after Johnson personally reached out .
Although Trump did not @ @ @ @ @ @ @ message , the United States Agency for International Development had announced in February a pledge of US $ 1.16 billion .
” There are no borders , [ the virus ] doesn ’ t discriminate , it ’ s been it ’ s nasty but we can all take care of it together .
It ’ s great to be partnering with [ GAVI ] .
We will work hard , we will work strong…good luck , let ’ s get the answer , ” said Trump , under fire from critics at @ @ @ @ @ @ @ massive civil unrest in the wake of the police murder of a black Minneapolis man .
No wonder Trump keeps Fauci around , he needs someone to fondle Gates ’ s balls for him while he ’ s ‘ busy ’ in the Whitehouse : Dr. Margaret Chan , Director General of WHO ; , Director of NIAID , part of the National Institutes of Health ; Mr. Anthony Lake , Executive Director for UNICEF ; Ms. Joy Phumaphi , Chair of the International Advisory Committee and Executive Secretary , African Leaders Malaria @ @ @ @ @ @ @ Global Health at the Bill & Melinda Gates Foundation ; Control of USAID now in the hands of the Trump State Department All USAID money is at the behest of the President ’ s Budget : Trump only hires the best swamp !
Love his State Department , great people , really great guys , doing alot of great things since there ’ s alot of bad people , really bad people , doing bad things , we have to get going , alot of work to be done , alot of really @ @ @ @ @ @ @ re doing .
Trump hired John Barsa , current head of USAID , and now he ’ s directing him to fund Bill Gates with all that sweet sweet WHO money , right into Gates ’ s pocket .

Trump CAVES and directly funds BILL GATES ‘Global Alliance VACCINE Initiative’ after ‘withdrawing’ money from WHO. Now Gates won’t have to deal with pesky bureaucracy and can pocket those sweet funds directly.
TRUMP ADMITS SUPPORTING GATES VACCINE INITIATE:
Trump now has his State Department directing funds to the Gates Foundations ‘Global Alliance Vaccine Initiate’ via USAID. Upwards of 2 Billion will now be given directly to Bill Gates.
———————
President Donald Trump sent a video message of support for the Gates Global Vaccine Alliance after Johnson personally reached out. Although Trump did not specify the US pledge amount in his message, the United States Agency for International Development had announced in February a pledge of US $1.16 billion.
”There are no borders, [the virus] doesn’t discriminate, it’s been it’s nasty but we can all take care of it together. It’s great to be partnering with [GAVI]. We will work hard, we will work strong…good luck, let’s get the answer,” said Trump, under fire from critics at home and abroad for his handling of massive civil unrest in the wake of the police murder of a black Minneapolis man.
www.heidi.news/geneva-solutions/us-8-8-billion-pledged-for-gavi-the-vaccine-alliance-exceeding-goal
No wonder Trump keeps Fauci around, he needs someone to fondle Gates’s balls for him while he’s ‘busy’ in the Whitehouse:
Gates Foundation Vaccine Initiative Leadership Council are comprised of:
Dr. Margaret Chan, Director General of WHO;
Dr. Anthony S. Fauci , Director of NIAID, part of the National Institutes of Health;
Mr. Anthony Lake, Executive Director for UNICEF;
Ms. Joy Phumaphi, Chair of the International Advisory Committee and Executive Secretary, African Leaders Malaria Alliance
Dr. Tachi Yamada, President of Global Health at the Bill & Melinda Gates Foundation;
www.gatesfoundation.org/Media-Center/Press-Releases/2010/12/Global-Health-Leaders-Launch-Decade-of-Vaccines-Collaboration
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Control of USAID now in the hands of the Trump State Department
www.allgov.com/departments/independent-agencies/united-states-agency-for-international-development-usaid?agencyid=7290
All USAID money is at the behest of the President’s Budget:
www.state.gov/state-department-and-u-s-agency-for-international-development-usaid-fy-2021-budget-request/
Trump only hires the best swamp!
Love his State Department, great people, really great guys, doing alot of great things since there’s alot of bad people, really bad people, doing bad things, we have to get going, alot of work to be done, alot of really good work, good things we’re doing.
Trump hired John Barsa, current head of USAID, and now he’s directing him to fund Bill Gates with all that sweet sweet WHO money, right into Gates’s pocket.
MORE INFO HERE:
AC


investmentwatchblog--2020-07-13--Florida & New Record in COVID Tests?

Florida & New Record in COVID Tests?

The Coronavirus nonsense is just unbelievable .
Reuters is reporting that Florida is off the charts with 15,000 new cases in a day .
Florida reported a record amount of testing , with just about 143,000 results compared with an average of 68,000 for the prior seven days .
Of that , they claim that 15,000 people tested positive and they like it to Disneyland opening but those are not people who were tested .
I have reported that I was personally tested FIVE TIMES in 4 weeks and all were NEGATIVE .
When I told another doctor and they @ @ @ @ @ @ @ means nothing because the test is so inaccurate they are really useless .
You can not even get out of a COVID wing in a hospital without TWO tests that are NEGATIVE because they do not trust them .
The press will NOT report what EVERY doctor I have spoken to has said – this is exaggerated and the tests are so inaccurate they are misleading .
This is clearly being orchestrated for economic destruction .
Top scientists are being censored and ignored by the WHO because they have shown that NOBODY is @ @ @ @ @ @ @ have died have been due to other complications .
Top European pathologists have made it very clear that no one died of Covid-19 by itself .
There is another agenda here because the press REFUSES to publish anything contrary to this calculated agenda to use this virus to destroy the world economy to allow for them to impose their Great Reset at the expense of all of our freedoms and the annihilation of our children ’ s future .

by Martin Armstrong
The Coronavirus nonsense is just unbelievable. Reuters is reporting that Florida is off the charts with 15,000 new cases in a day. Florida reported a record amount of testing, with just about 143,000 results compared with an average of 68,000 for the prior seven days. Of that, they claim that 15,000 people tested positive and they like it to Disneyland opening but those are not people who were tested.
I have reported that I was personally tested FIVE TIMES in 4 weeks and all were NEGATIVE. When I told another doctor and they all say the same thing – that means nothing because the test is so inaccurate they are really useless. You cannot even get out of a COVID wing in a hospital without TWO tests that are NEGATIVE because they do not trust them.
We are primarily funded by readers. Please subscribe and donate to support us!
The press will NOT report what EVERY doctor I have spoken to has said – this is exaggerated and the tests are so inaccurate they are misleading.
This is clearly being orchestrated for economic destruction. Top scientists are being censored and ignored by the WHO because they have shown that NOBODY is dying of COVID alone. Those that have died have been due to other complications. Top European pathologists have made it very clear that no one died of Covid-19 by itself. There is another agenda here because the press REFUSES to publish anything contrary to this calculated agenda to use this virus to destroy the world economy to allow for them to impose their Great Reset at the expense of all of our freedoms and the annihilation of our children’s future.


investmentwatchblog--2020-07-13--Oil Price Crash Sparks A Wave Of Banking Mergers In The Middle East

The historic oil price crash and Covid-19 pandemic have left major producers of the commodity in a deep economic crisis .
Dramatic production cuts by OPEC+ has exacerbated the situation by further lowering export inflows for economies that depend heavily on oil dollars .
Some , such as the UAE , have tried to put on a brave face by touting the strength of their banking systems and claiming they can withstand shocks of any scale .
Unfortunately , a growing body of evidence suggests pretty much the opposite : A wave of banking mergers is sweeping through the Middle @ @ @ @ @ @ @ afloat amid slowing economic growth .
About $ 440 billion worth of deals are already on the table .
That ’ s a remarkable feat for a region that has the lowest banking penetration anywhere on the globe .
Interestingly , Saudi Arabia–guilty of initiating the oil price war with Russia that triggered the oil price crash–is well represented in the growing trend .
# 1 Saudi Arabia The National Commercial Bank , Saudi Arabia ’ s largest lender by assets , has lined up a $ 15.6 billion takeover bid for rival @ @ @ @ @ @ @ tab represents a nearly 30 % premium to Samba ’ s valuation before the deal was announced , while the potential deal will create a $ 210 billion ( assets ) behemoth .
The Saudi Arabian Monetary Authority , the Kingdom ’ s central bank , has unveiled nearly $ 27 billion in stimulus packages to support its flagging banking system suffering from years of weak private sector loan growth .
The Kingdom ’ s oil and gas sector accounts for 50 % of GDP and 70 % of export earnings .
The @ @ @ @ @ @ @ fiscal breakeven sits at $ 76.1 per barrel , a far cry from the current ~ $ 40/bbl .
Related : U.S. Natural Gas Production , Consumption And Exports Hit Record In 2019 The Public Investment Fund ( PIF ) , Saudi Arabia ’ s sovereign wealth fund , is looking to complete other such mergers to make the sector more competitive .
The PIF is NCB ’ s and Samba ’ s largest shareholder with a 44 % and 23 % slice of NCB and Samba , respectively .
In June , @ @ @ @ @ @ @ and Al Khalij Commercial Bank PQSC kicked off initial negotiations to merge their operations .
The potential merger could create a combined entity with more than $ 45 billion in assets as well as one of the largest Sharia ( Islamic ) compliant banks in the region .
The deal follows the 2018 tie-up between the country ’ s Barwa Bank and International Bank of Qatar that saw the proposed three-way merger with Masraf Al Rayan abandoned .
Qatar is the world ’ s 17th largest producer of oil , pumping 1.5 million @ @ @ @ @ @ @ The country ’ s economy is heavily reliant on oil , with petroleum and natural gas accounting for more than 60 % of GDP , 85 % of export earnings , and roughly 70 % of total government revenue .
Nevertheless , the IMF has tapped Qatar as one of only seven countries expected to run a budget surplus in the current fiscal year thanks to heavily scaling back capital spending .
# 3 UAE In January , Dubai Islamic Bank , United Arab Emirates ’ biggest Islamic lender , completed a deal @ @ @ @ @ @ @ an all-share deal .
The combined entity now holds more than $ 75B in assets .
The giant bank has since then stolen its competitors ’ playbook by courting more international investors and raising its foreign ownership cap to 40 % .Related : Libya Lifts Force Majeure On All Oil Exports Although the UAE has one of the most diversified economies in the region , it remains extremely reliant on oil , with the exception of Dubai .
The UAE is the world ’ s 8th largest oil producer , pumping 3.1 million @ @ @ @ @ @ @ 30 % of GDP .
The IMF has estimated that UAE needs ~ $ 69.1/bbl to balance its books .
Kuwait Finance House has postponed its planned merger with Bahrain ’ s Ahli United Bank until December .
Kuwait Finance House ( KFH ) has received a letter from the Central Bank of Kuwait to review the transaction due to the coronavirus .
The merger would have marked one of the region ’ s rare cross-border banking tie-ups and created a combined entity with assets of $ 104 billion .
Kuwait is an @ @ @ @ @ @ @ 9th largest oil producer at 2.9 million b/d .
Kuwait ’ s fiscal breakeven of $ 61.1 as per the IMF means the country is one of the most adversely affected by the oil price crash though it still has ample back-up in its General Reserve Fund .
The Oman Arab Bank has finalized plans to acquire local competitor Alizz Islamic after Omnivest , one of Oman ’ s largest investment funds , sold its 12 % stake .
The combined entity will become a wholly-owned unit of Oman Arab Bank with assets @ @ @ @ @ @ @ million barrels of crude per day , making it the world ’ s 19th largest producer just ahead of Libya .
Like most Middle East countries , Oman is heavily dependent on oil and gas resources for 68 % of GDP and 85 % of government revenue .
The country is expected to record one of the biggest budget deficits in the current financial year at nearly 20 % of GDP .

By Alex Kimani
The historic oil price crash and Covid-19 pandemic have left major producers of the commodity in a deep economic crisis. Dramatic production cuts by OPEC+ has exacerbated the situation by further lowering export inflows for economies that depend heavily on oil dollars. Some, such as the UAE, have tried to put on a brave face by touting the strength of their banking systems and claiming they can withstand shocks of any scale.
Unfortunately, a growing body of evidence suggests pretty much the opposite: A wave of banking mergers is sweeping through the Middle East as the sector scrambles to stay afloat amid slowing economic growth.
About $440 billion worth of deals are already on the table. That’s a remarkable feat for a region that has the lowest banking penetration anywhere on the globe.
Interestingly, Saudi Arabia–guilty of initiating the oil price war with Russia that triggered the oil price crash–is well represented in the growing trend.
Source: World Bank
Giant mergers
Source: Bloomberg
#1 Saudi Arabia The National Commercial Bank, Saudi Arabia’s largest lender by assets, has lined up a $15.6 billion takeover bid for rival Samba Financial Group. The $15.6B tab represents a nearly 30% premium to Samba’s valuation before the deal was announced, while the potential deal will create a $210 billion (assets) behemoth.
The Saudi Arabian Monetary Authority, the Kingdom’s central bank, has unveiled nearly $27 billion in stimulus packages to support its flagging banking system suffering from years of weak private sector loan growth. The Kingdom’s oil and gas sector accounts for 50% of GDP and 70% of export earnings. The IMF has estimated Saudi Arabia’s fiscal breakeven sits at $76.1 per barrel, a far cry from the current ~$40/bbl.
Related: U.S. Natural Gas Production, Consumption And Exports Hit Record In 2019
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, is looking to complete other such mergers to make the sector more competitive. The PIF is NCB’s and Samba’s largest shareholder with a 44% and 23% slice of NCB and Samba, respectively.
We are primarily funded by readers. Please subscribe and donate to support us!
#2 Qatar
In June, Qatar’s Masraf Al Rayan QSC and Al Khalij Commercial Bank PQSC kicked off initial negotiations to merge their operations. The potential merger could create a combined entity with more than $45 billion in assets as well as one of the largest Sharia (Islamic) compliant banks in the region. The deal follows the 2018 tie-up between the country’s Barwa Bank and International Bank of Qatar that saw the proposed three-way merger with Masraf Al Rayan abandoned.
Qatar is the world’s 17th largest producer of oil, pumping 1.5 million barrels of the commodity per day. The country’s economy is heavily reliant on oil, with petroleum and natural gas accounting for more than 60% of GDP, 85% of export earnings, and roughly 70% of total government revenue. Nevertheless, the IMF has tapped Qatar as one of only seven countries expected to run a budget surplus in the current fiscal year thanks to heavily scaling back capital spending.
Source: The Print
#3 UAE In January, Dubai Islamic Bank, United Arab Emirates’ biggest Islamic lender, completed a deal to buy smaller rival Noor Bank in an all-share deal. The combined entity now holds more than $75B in assets. The giant bank has since then stolen its competitors’ playbook by courting more international investors and raising its foreign ownership cap to 40%.Related: Libya Lifts Force Majeure On All Oil Exports
Although the UAE has one of the most diversified economies in the region, it remains extremely reliant on oil, with the exception of Dubai. The UAE is the world’s 8th largest oil producer, pumping 3.1 million b/d with oil exports accounting for about 30% of GDP. The IMF has estimated that UAE needs ~$69.1/bbl to balance its books.
#4 Kuwait
Kuwait Finance House has postponed its planned merger with Bahrain’s Ahli United Bank until December. Kuwait Finance House (KFH) has received a letter from the Central Bank of Kuwait to review the transaction due to the coronavirus. The merger would have marked one of the region’s rare cross-border banking tie-ups and created a combined entity with assets of $104 billion.
Kuwait is an OPEC member and the world’s 9th largest oil producer at 2.9 million b/d. Kuwait’s fiscal breakeven of $61.1 as per the IMF means the country is one of the most adversely affected by the oil price crash though it still has ample back-up in its General Reserve Fund.
#5 Oman
The Oman Arab Bank has finalized plans to acquire local competitor Alizz Islamic after Omnivest, one of Oman’s largest investment funds, sold its 12% stake. The combined entity will become a wholly-owned unit of Oman Arab Bank with assets of $8.4B.
Oman pumps a million barrels of crude per day, making it the world’s 19th largest producer just ahead of Libya. Like most Middle East countries, Oman is heavily dependent on oil and gas resources for 68% of GDP and 85% of government revenue. The country is expected to record one of the biggest budget deficits in the current financial year at nearly 20% of GDP.
By Alex Kimani for Oilprice.com


investmentwatchblog--2020-07-13--Socrates & its Forecast of Shortages in Food for this 8.6-Year Wave

COMMENT : Mr. Armstrong ; I am beyond impressed with the forecast your computer puts out .
More than a year in advance you forecast that this wave would be inflationary but due to shortages in food .
I do not know how it makes such an interesting forecast , but nobody out there can even come close which is obviously why they try to mimic you while ignoring you and hope nobody lands on your site .
Thank you for bringing clarity to this chaos All the best ANSWER : Yes , Socrates was projecting this would be a @ @ @ @ @ @ @ food .
We are already witnessing rising food prices .
It was picking up all the subtle shifts in the world economy and I could see that something strange was in the development by last August 2019 .
Obviously , like war , it can not forecast the precise person but it does reveal their actions .
This is the same forecast ability .
It was showing a shortage of food for this cycle , but it could not tell me it would be instigated by Bill Gates and the World Economic Forum @ @ @ @ @ @ @ Nevertheless , there are serious shortages of food on the horizon .
Those who are attempting to destroy the economy so they can recreate it in their image are clueless about how the world economy functions .
All they have looked at is their stupid models on CO2 when CO2 is 0.04 % of the atmosphere .
They have wiped out crops by destroying the food chain and either they are totally ignorant of their actions , or they have deliberately also tried to invoke starvation to reduce the population .
Nobody will @ @ @ @ @ @ @ would claim to be ignorant of the impact on the food supply by pushing for lockdowns .
There is ample evidence that this excuse is BS and they must know what they are doing which would bring up the question of crimes against humanity .
They will then probably blame global cooling .

by Martin Armstrong
COMMENT: Mr. Armstrong; I am beyond impressed with the forecast your computer puts out. More than a year in advance you forecast that this wave would be inflationary but due to shortages in food. I do not know how it makes such an interesting forecast, but nobody out there can even come close which is obviously why they try to mimic you while ignoring you and hope nobody lands on your site.
Thank you for bringing clarity to this chaos
All the best
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DS
ANSWER: Yes, Socrates was projecting this would be a wave of inflation coming from SHORTAGES of food. We are already witnessing rising food prices. It was picking up all the subtle shifts in the world economy and I could see that something strange was in the development by last August 2019. Obviously, like war, it cannot forecast the precise person but it does reveal their actions. This is the same forecast ability. It was showing a shortage of food for this cycle, but it could not tell me it would be instigated by Bill Gates and the World Economic Forum trying to push their Great Reset.
Nevertheless, there are serious shortages of food on the horizon. Those who are attempting to destroy the economy so they can recreate it in their image are clueless about how the world economy functions. All they have looked at is their stupid models on CO2 when CO2 is 0.04% of the atmosphere. They have wiped out crops by destroying the food chain and either they are totally ignorant of their actions, or they have deliberately also tried to invoke starvation to reduce the population. Nobody will investigate either and I am sure they would claim to be ignorant of the impact on the food supply by pushing for lockdowns. There is ample evidence that this excuse is BS and they must know what they are doing which would bring up the question of crimes against humanity. They will then probably blame global cooling.