investmentwatchblog--2020-05-01--Reporting live from the frontlines of food delivery

Alright I ’ ve got some nitty gritty details on a shit ton of restaurants .
I ’ m a doordash driver ( this is what diamond hands gets you .
I went from $ 157 to $ 7500 to $ 850 ) .
I ’ ve got some DD on a few restaurants , some of this info might be super useful , some might not .
• Chipotle – this is the main DD , the big papi .
As you know from their earnings , they ’ ve been absolutely crushing sales .
Every time I go @ @ @ @ @ @ @ , and sometimes there ’ s up to 20 .
Today they ’ ve even instituted an alphabetical distribution because they just have so fucking many bags .
The cooking staff was not taught how to wear masks , though , and they just wear them around their necks .
There are people straight up talking to each other while looking down directly over freshly cooked steak .
If they ’ ve got the virus it is becoming acquainted with every burrito bowl and quesadilla they prepare .
I ’ m not sure @ @ @ @ @ @ @ this , but I suspect Chipotle is directly responsible for a significant amount of virus spreading ( albeit , this is anecdotal evidence ) .
If a few workers get sick , though , they will quickly spread it to each other and we can expect some sort of headline or strike or something .
Keep in mind Chipotle ’ s past issues with food safety .
• MacDonald – sir , this is a MacDonald .
MCD ’ s is crushing it as well , but not as strongly as some of @ @ @ @ @ @ @ fil a and popeyes .
With that said , MCD is the cleanliest of any restaurant I ’ ve been to since the pandemic started .
Everyone ’ s got masks and gloves on properly , and inside it is cleaner than ever .
Also , MCD has a presence on many different delivery platforms and is open all night so I think they ’ re at least doing a good job staying above water .
• Cheesecake factory – only been getting orders on weekend nights for the most part .
They @ @ @ @ @ @ @ and the quantity of orders seems to be far from where it needs to be .
This may be a shit estimate , but based on my anecdotal experience they could have lost 80 % + of business .
Cheesecake Factory ’ s main value driver ( besides the cheesecake obviously ) is the experience and atmosphere of going to the restaurant .
Otherwise , it ’ s basically just microwave meals that people can just buy at the grocery store frozen .
They ’ ve got the social distancing going well though @ @ @ @ @ @ @ the other restaurants .
Drivers are alerted when to come into the restaurant to pick up the food .
Surprisingly , nobody else does this .
• Taco Bell – drive thru has a steady flow and to be honest how many people actually go and sit inside a taco bell in the first place .
People are still getting baked and driving thru or ordering probably at or near the same quantity before the pandemic .
Although , I ’ ll add that the drive thru clerk has not had a mask @ @ @ @ @ @ @ decent amount of cash money .
• Wendy ’ s – I decline orders for Wendy ’ s since making the mistake of accepting the first one I got .
The line is usually around the block for the drive thru , and that was the only option for drivers .
Safe to say that they ’ re totally crushing business , but that they haven ’ t learned a single fucking thing in operations management .
Learn how to fucking handle the crowd of people that literally want to hand you their @ @ @ @ @ @ @ right but is unfortunately not publicly traded .
Chick fil a had 250 cars easily when I went and I declined the order as well .
But at least they have a parking lot management team with people running orders out to cars , and a separate spot for doordash/delivery drivers so they don ’ t have to wait in the same line .
• Dunkin – I expect Dunkin is not doing nearly as well as they usually do .
Doordash orders are kinda atypical in the first place because who needs @ @ @ @ @ @ @ I guess .
But my theory with this one is that all the college students and young professionals who rely on Dunkin every morning for their job/school work have cut down significantly .
Hours are down at a lot of locations and social distancing makes it so that only 4-6 people can wait in line in a typical dunkin .
They are suffering .
Also , most of their stores don ’ t have a drive thru .
So I obviously only included public companies , but hopefully this info can provide some @ @ @ @ @ @ @ myself have lost like 95 % of the value on almost every one of my puts and I ’ m using my doordash earnings to yolo on LSD penny stocks so take my words with a grain of salt .
Also , word is that Doordash and other gig economy companies have stopped onboarding because there are too many people on the job .
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 limes_huh
Alright I’ve got some nitty gritty details on a shit ton of restaurants. I’m a doordash driver (this is what diamond hands gets you. I went from $157 to $7500 to $850). I’ve got some DD on a few restaurants, some of this info might be super useful, some might not.
We are primarily funded by readers. Please subscribe and donate to support us!
Chipotle – this is the main DD, the big papi. As you know from their earnings, they’ve been absolutely crushing sales. Every time I go theres at least 5 bags awaiting pickup, and sometimes there’s up to 20. Today they’ve even instituted an alphabetical distribution because they just have so fucking many bags. The cooking staff was not taught how to wear masks, though, and they just wear them around their necks. There are people straight up talking to each other while looking down directly over freshly cooked steak. If they’ve got the virus it is becoming acquainted with every burrito bowl and quesadilla they prepare. I’m not sure if they can be held accountable for this, but I suspect Chipotle is directly responsible for a significant amount of virus spreading (albeit, this is anecdotal evidence). If a few workers get sick, though, they will quickly spread it to each other and we can expect some sort of headline or strike or something. Keep in mind Chipotle’s past issues with food safety.
MacDonald – sir, this is a MacDonald. MCD’s is crushing it as well, but not as strongly as some of the other fast food joints like chick fil a and popeyes. With that said, MCD is the cleanliest of any restaurant I’ve been to since the pandemic started. Everyone’s got masks and gloves on properly, and inside it is cleaner than ever. Also, MCD has a presence on many different delivery platforms and is open all night so I think they’re at least doing a good job staying above water.
Cheesecake factory – only been getting orders on weekend nights for the most part. They’re doing pretty poorly right now and the quantity of orders seems to be far from where it needs to be. This may be a shit estimate, but based on my anecdotal experience they could have lost 80%+ of business. Cheesecake Factory’s main value driver (besides the cheesecake obviously) is the experience and atmosphere of going to the restaurant. Otherwise, it’s basically just microwave meals that people can just buy at the grocery store frozen. They’ve got the social distancing going well though and are more high tech than all the other restaurants. Drivers are alerted when to come into the restaurant to pick up the food. Surprisingly, nobody else does this.
Taco Bell – drive thru has a steady flow and to be honest how many people actually go and sit inside a taco bell in the first place. People are still getting baked and driving thru or ordering probably at or near the same quantity before the pandemic. Although, I’ll add that the drive thru clerk has not had a mask or gloves and is probably handling a decent amount of cash money.
Wendy’s – I decline orders for Wendy’s since making the mistake of accepting the first one I got. The line is usually around the block for the drive thru, and that was the only option for drivers. Safe to say that they’re totally crushing business, but that they haven’t learned a single fucking thing in operations management. Learn how to fucking handle the crowd of people that literally want to hand you their money. Chick fil a does this right but is unfortunately not publicly traded. Chick fil a had 250 cars easily when I went and I declined the order as well. But at least they have a parking lot management team with people running orders out to cars, and a separate spot for doordash/delivery drivers so they don’t have to wait in the same line.
Dunkin – I expect Dunkin is not doing nearly as well as they usually do. Doordash orders are kinda atypical in the first place because who needs coffee brought to them? Some people I guess. But my theory with this one is that all the college students and young professionals who rely on Dunkin every morning for their job/school work have cut down significantly. Hours are down at a lot of locations and social distancing makes it so that only 4-6 people can wait in line in a typical dunkin. They are suffering. Also, most of their stores don’t have a drive thru.
So I obviously only included public companies, but hopefully this info can provide some utility to you gambling idiots. I myself have lost like 95% of the value on almost every one of my puts and I’m using my doordash earnings to yolo on LSD penny stocks so take my words with a grain of salt. Also, word is that Doordash and other gig economy companies have stopped onboarding because there are too many people on the job.
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--2020-05-01--Everyone’s screwed in 3 months

Everyone’s screwed in 3 months

Maybe you got furloughed , that ’ s ok. You ’ re probably making more on unemployment now .
Everything ’ s fine .
Now you have time to learn how to bake , maybe finally sleep in and play some video games .
Maybe start looking for a better job .
You were thinking about quitting anyway .
It ’ s basically summer break with a pay raise .
Everything ’ s fine .
We should do this pandemic thing every few years .
Maybe you ’ re a small business owner , you ’ re fine too .
@ @ @ @ @ @ @ customers , but that ’ s ok .
The government is paying your entire payroll and rent .
States are already opening up , soon you ’ ll be back to normal .
Everything ’ s fine .
Big business ?
Government ’ s got some loans for you too , low interest even .
Fed is buying your junk bonds , so cash flow is no problem .
And if you start to struggle , you ’ ll even get some free government money too .
Costs are down since you just @ @ @ @ @ @ @ hey they ’ re probably making more unemployed anyway .
Everything ’ s fine .
Or maybe you ’ re working from home .
This pandemic isn ’ t so bad ; you get to wear pajamas all day .
No commute so you can sleep in , and when you do drive you ’ ve never seen the traffic this light .
Everything ’ s fine .
The stores are all closed , so maybe you ’ ll buy some dumb shit on Amazon with your $ 1,200 stimulus .
Everything ’ @ @ @ @ @ @ @ Grants ) lasts 8 weeks .
We ’ re 2-3 weeks in , so lets say PPP starts running out around mid-June .
All those furloughed workers you brought back kicking and screaming ( they were making more on unemployment ) so you could pay your rent with the remaining 25 % are getting laid off again , this time permanently .
But that ’ s ok , we ’ ve got the extra $ 600 unemployment on steroids , time for another pay raise .
By this time there ’ ll be @ @ @ @ @ @ @ ( Unemployment on Steroids ) and being laid off from your shitty bartending job won ’ t feel like a 4 month paid vacation with a little extra spending money , the clock is ticking .
Maybe time to actually look for a new job this time… Well everyone else is thinking the same thing .
Small business jobs are evaporating , people actually starting to fear the $ 600/week going away , states are starting to enforce the job seeking requirements , so even the people who never got called back are @ @ @ @ @ @ @ keep their poverty $ 300/week going .
The government ’ s spent , what , $ 4-7 Trillion by this point .
Interest rates already at zero , but the only people borrowing are big businesses who are hemorrhaging money at this point .
Remember , we were at the peak of a decade long bubble ?
Fuelled by corporate debt ?
Now those chickens are coming home to roost too .
The Fed can ’ t buy your junk bonds forever .
The government blew their load too early and it ’ @ @ @ @ @ @ @ fide recession .
State and municipal budgets are mega-f*cked since they rely on sales tax revenue and unemployment checks come right out of their treasury .
50/50 on whether Trump decides to bail them out , if not then add a bunch of teachers , paramedics , construction workers , and paper pushers to the unemployed job seekers line .
The ride ’ s over folks .
By August it ’ ll be “ job musical chairs ” and when the music stops you better hope you have one .
Disclaimer : This @ @ @ @ @ @ @ Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by Arcas0
Everything’s fine.
Maybe you got furloughed, that’s ok. You’re probably making more on unemployment now. Everything’s fine.
Now you have time to learn how to bake, maybe finally sleep in and play some video games. Maybe start looking for a better job. You were thinking about quitting anyway. It’s basically summer break with a pay raise. Everything’s fine. We should do this pandemic thing every few years.
Maybe you’re a small business owner, you’re fine too. State is locked down, so no customers, but that’s ok. The government is paying your entire payroll and rent. States are already opening up, soon you’ll be back to normal. Everything’s fine.
Big business? Government’s got some loans for you too, low interest even. Fed is buying your junk bonds, so cash flow is no problem. And if you start to struggle, you’ll even get some free government money too. Costs are down since you just furloughed half your workforce onto unemployment, hey they’re probably making more unemployed anyway. Everything’s fine.
Or maybe you’re working from home. This pandemic isn’t so bad; you get to wear pajamas all day. No commute so you can sleep in, and when you do drive you’ve never seen the traffic this light. Everything’s fine. The stores are all closed, so maybe you’ll buy some dumb shit on Amazon with your $1,200 stimulus. Everything’s fine.
Fast Forward to Mid-June
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PPP (Small Business Grants) lasts 8 weeks. We’re 2-3 weeks in, so lets say PPP starts running out around mid-June. All those furloughed workers you brought back kicking and screaming (they were making more on unemployment) so you could pay your rent with the remaining 25% are getting laid off again, this time permanently. But that’s ok, we’ve got the extra $600 unemployment on steroids, time for another pay raise.
By this time there’ll be around a month-ish left on the PUA (Unemployment on Steroids) and being laid off from your shitty bartending job won’t feel like a 4 month paid vacation with a little extra spending money, the clock is ticking. Maybe time to actually look for a new job this time…
Well everyone else is thinking the same thing. Small business jobs are evaporating, people actually starting to fear the $600/week going away, states are starting to enforce the job seeking requirements, so even the people who never got called back are sending out a flood of applications to keep their poverty $300/week going.
The government’s spent, what, $4-7 Trillion by this point. Interest rates already at zero, but the only people borrowing are big businesses who are hemorrhaging money at this point. Remember, we were at the peak of a decade long bubble? Fuelled by corporate debt? Now those chickens are coming home to roost too. The Fed can’t buy your junk bonds forever.
The government blew their load too early and it’ll start looking like a real bone fide recession. State and municipal budgets are mega-f*cked since they rely on sales tax revenue and unemployment checks come right out of their treasury. 50/50 on whether Trump decides to bail them out, if not then add a bunch of teachers, paramedics, construction workers, and paper pushers to the unemployed job seekers line.
The ride’s over folks. By August it’ll be “job musical chairs” and when the music stops you better hope you have one.
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--2020-05-01--The Virus has become the Political Weapon of 2020

China actually reported to the World Health Organization on New Year ’ s Eve that it was facing a novel coronavirus .
It was on January 3rd when U.S. health officials offered assistance to China .
They renewed the offer two days later , according to the president ’ s team .
Nancy Pelosi , while touring Chinatown in San Francisco on Feb. 24 , insisted that the risk of infection was low and fears of the virus ’ spread were “ unwarranted in light of the precautions that are being taken here in the United States.
” Now Pelosi @ @ @ @ @ @ @ deaths of Americans because he reacted too slowly , and the president complains that Democrats fiddled or , more accurately , impeached while he was crafting policy in January .
On January 20th it was being called the “ Chinese virus ” by The New York Times .
The coronavirus was less important than the impeachment coverage to try to expel Trump from the White House .
Charles E. Schumer , New York Democrat , first raised the matter at a press conference in New York on Jan. 26th .
Former Vice President @ @ @ @ @ @ @ USA Today on Jan. 27 .
He said Trump was the wrong type of person to lead America through a pandemic .
What is terribly clear is that blaming Trump has kept the nation divided unlike any other crisis including 9/11 .
Converting the virus into a talking point for the 2020 election demonstrates that the Democrats either really do not care about the people , or they are trying to convert the virus into a political weapon of 2020 .
Either way , this is the FIRST time in history where there @ @ @ @ @ @ @ politicians failed to rally together .
Even standard modeling of the virus warns that this has been hyped simply for political gain .

by Martin Armstrong
China actually reported to the World Health Organization on New Year’s Eve that it was facing a novel coronavirus. It was on January 3rd when U.S. health officials offered assistance to China. They renewed the offer two days later, according to the president’s team.
Nancy Pelosi, while touring Chinatown in San Francisco on Feb. 24, insisted that the risk of infection was low and fears of the virus’ spread were “unwarranted in light of the precautions that are being taken here in the United States.” Now Pelosi says that Trump is responsible for the deaths of Americans because he reacted too slowly, and the president complains that Democrats fiddled or, more accurately, impeached while he was crafting policy in January.
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On January 20th it was being called the “Chinese virus” by The New York Times. The coronavirus was less important than the impeachment coverage to try to expel Trump from the White House. Charles E. Schumer, New York Democrat, first raised the matter at a press conference in New York on Jan. 26th. Former Vice President Joseph R. Biden wrote an op-ed in USA Today on Jan. 27. He said Trump was the wrong type of person to lead America through a pandemic.
What is terribly clear is that blaming Trump has kept the nation divided unlike any other crisis including 9/11. Converting the virus into a talking point for the 2020 election demonstrates that the Democrats either really do not care about the people, or they are trying to convert the virus into a political weapon of 2020. Either way, this is the FIRST time in history where there has been some national crisis and the politicians failed to rally together.
Even standard modeling of the virus warns that this has been hyped simply for political gain.


investmentwatchblog--2020-05-01--This is a liquidity trap. There will be a run on the market

Banks are being conservative which might suggest that all of this is “ priced in ” .
They ’ re borrowing like crazy with the Fed rate at 0.25 % and they ’ re using that capital to pay down old , higher interest liabilities i.e .
collectively , they ’ re handing it back to the Fed .
None of that looks good or sounds good from a short-term perspective ; and little of that QE will actually hit mainstreet — at least in the period when it matters .
But paying off debt is the only way out @ @ @ @ @ @ @ are scared ( saving vs spending mentality ) , credit risk is poor , and economic growth is stifled .
This is a deflationary spiral that could last 3-5 years ; and QE can only mask the bleeding so much before it becomes detrimental to our future .
Just look at Japan in the 90 ’ s .
You can ’ t fight lack of demand without meaningful control of the price lever .
Point being , the following realities are inevitable : • Economic growth will be stifled as demand/investing remain low @ @ @ @ @ @ @ be spent on commodities and debt obligations • New bubble will form when the real value of certain assets ( housing etc . )
gets distorted .
This will also form the basis for our breakout This is a liquidity trap .
There will be a run on the market — JPow has been printing to “ price ” all that in .
For the past three weeks , the Fed has been acting as ballast to buy time for monetary policy to pivot .
Now banks are in a strong cash position @ @ @ @ @ @ @ So we should expect the floodgates to open and the carpet to finally get pulled .
Stocks will crash again ( hoarding cash ) , and harder ; followed by a multi-year theta market marked by incremental inflation until we transition to a much needed growth period .
Or we ’ ll try and print our way to inflation — with consumer spending as the operative variable .
Welcome to the debt bubble !
FYI , whatever medicine we use to resolve this will ultimately form the cause of our next bubble .
@ @ @ @ @ @ @ imbalance resulted in risky/unregulated/low interest lending which was a boon for big banks and consumer spending for nearly two decades .
This bubble created debt • Debt caused the mortgage crisis of 2008 which resulted in a massive recession second only to the Great Depression .
This bubble created QE • QE caused the liquidity trap of 2020 which resulted in a massive deflationary spiral akin to the recession .
This bubble was created by excess and unnecessary money supply in a period of low demand • Wage increase ( through Federal stimulus @ @ @ @ @ @ @ out of recession .
But again , it will also form the cause of our next bubble .
Cash out high .
Assets will be worth less than cash .
Then pay down your debt or invest when we finally touch bottom .
The environment looks exceptionally bearish for months and years to come .
Everyone is scared to say liquidity trap because that will cause equities and lending to tank .
But I encourage you to scream it .
Disclaimer : This information is only for educational purposes .
Do not make @ @ @ @ @ @ @ in this article .
Do you own due diligence .

by jf286381
Banks are being conservative which might suggest that all of this is “priced in”.
They’re borrowing like crazy with the Fed rate at 0.25% and they’re using that capital to pay down old, higher interest liabilities i.e. collectively, they’re handing it back to the Fed. None of that looks good or sounds good from a short-term perspective; and little of that QE will actually hit mainstreet — at least in the period when it matters. But paying off debt is the only way out of this spiral — especially when investors are scared (saving vs spending mentality), credit risk is poor, and economic growth is stifled. This is a deflationary spiral that could last 3-5 years; and QE can only mask the bleeding so much before it becomes detrimental to our future. Just look at Japan in the 90’s. You can’t fight lack of demand without meaningful control of the price lever.
Point being, the following realities are inevitable:
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People will hoard the money supply
Lending will freeze despite a near-zero interest rate
Economic growth will be stifled as demand/investing remain low
Most of the money supply will be spent on commodities and debt obligations
New bubble will form when the real value of certain assets (housing etc.) gets distorted. This will also form the basis for our breakout
This is a liquidity trap. There will be a run on the market — JPow has been printing to “price” all that in. For the past three weeks, the Fed has been acting as ballast to buy time for monetary policy to pivot. Now banks are in a strong cash position with foreknowledge of what to expect. So we should expect the floodgates to open and the carpet to finally get pulled. Stocks will crash again (hoarding cash), and harder; followed by a multi-year theta market marked by incremental inflation until we transition to a much needed growth period. Or we’ll try and print our way to inflation — with consumer spending as the operative variable.
Welcome to the debt bubble! FYI, whatever medicine we use to resolve this will ultimately form the cause of our next bubble. So on and so forth…
Globalization created cheap external labor which spurred economic investment/growth. This bubble created wage imbalance
Wage imbalance resulted in risky/unregulated/low interest lending which was a boon for big banks and consumer spending for nearly two decades. This bubble created debt
Debt caused the mortgage crisis of 2008 which resulted in a massive recession second only to the Great Depression. This bubble created QE
QE caused the liquidity trap of 2020 which resulted in a massive deflationary spiral akin to the recession. This bubble was created by excess and unnecessary money supply in a period of low demand
Wage increase (through Federal stimulus check or other) will get us out of recession. But again, it will also form the cause of our next bubble.
Cash out high. Assets will be worth less than cash. Then pay down your debt or invest when we finally touch bottom. The environment looks exceptionally bearish for months and years to come. Everyone is scared to say liquidity trap because that will cause equities and lending to tank. But I encourage you to scream it.
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--2020-05-01--CLO Engineering Is No Match for Covid-19 as Payments Get Cut Off

( Bloomberg ) — Wall Street ’ s engineering was supposed to turn loans to junk-rated companies into relatively safe bonds known as collateralized loan obligations .
As the new coronavirus slams the economy , some investors are finding that safety to be fleeting .
Interest and principal payments are at risk of being cut off for investment-grade CLOs in around a dozen different transactions totaling a few billion dollars , according to people with knowledge of the matter .
The notes at risk have ratings as high as the A tier , well within high-grade territory , and were @ @ @ @ @ @ @ Asset Management and Pretium Partners , the people said .
The securities are being battered as the Covid-19 pandemic is bringing an economic downturn far worse than many CLOs were designed to withstand , with some estimates for unemployment in the second quarter reaching 30 % .
Loans are getting downgraded and their value is dropping , which is triggering protections designed to protect the safest securities issued by CLOs , those rated AAA .
It ’ s the first time these safeguards , known as senior overcollateralization tests , have been this @ @ @ @ @ @ @ .
Many more deals could meet the same fate in the coming months .
CLOs , a $ 700 billion market of securities carrying ratings ranging from junk to AAA , were largely left out of Federal Reserve stimulus programs .
“ I don ’ t know anybody that modeled a CLO , or any other structured product , around unemployment soaring from about 3 % to the levels we could be facing in the next few weeks , ” said Elen Callahan , head of research at the Structured Finance Association , @ @ @ @ @ @ @ told an analyst to model that , they wouldn ’ t know what to do.
” The lowest-ranking securities sold by CLOs are most at risk .
Of the roughly 900 deals that have posted data over the last month , around 21 % have had cash payments cut down or cut off from the riskiest portion of their deals , known as the equity , according to Bank of America .
In certain cases , junk- rated notes , which are less risky than the equity , have been affected as well @ @ @ @ @ @ @ expecting as many as 1 in 3 CLOs to have to limit payouts to holders of their riskiest securities .
Prices can end up dropping on securities in a deal where payments have been cut off , because investors worry about the quality of the loans backing the transaction , said Jason Merrill , a CLO specialist at Penn Mutual Asset Management .
“ It ’ s broadly considered a sign of deal distress , ” Merrill said .
While investors might expect high-yield securities to suffer in a downturn , investment-grade instruments @ @ @ @ @ @ @ During the last financial crisis , CLO bonds rated AA or AAA saw no defaults due to downgrades of the underlying loans .
The default rates for A and BBB rated notes were infinitesimal , amounting to less than 0.01 % , according to the Structured Finance Association ’ s Callahan .

(Bloomberg) — Wall Street’s engineering was supposed to turn loans to junk-rated companies into relatively safe bonds known as collateralized loan obligations. As the new coronavirus slams the economy, some investors are finding that safety to be fleeting.
Interest and principal payments are at risk of being cut off for investment-grade CLOs in around a dozen different transactions totaling a few billion dollars, according to people with knowledge of the matter. The notes at risk have ratings as high as the A tier, well within high-grade territory, and were sold by name-brand money managers like Marathon Asset Management and Pretium Partners, the people said.
The securities are being battered as the Covid-19 pandemic is bringing an economic downturn far worse than many CLOs were designed to withstand, with some estimates for unemployment in the second quarter reaching 30%. Loans are getting downgraded and their value is dropping, which is triggering protections designed to protect the safest securities issued by CLOs, those rated AAA.
It’s the first time these safeguards, known as senior overcollateralization tests, have been this widely triggered since the 2008 financial crisis. Many more deals could meet the same fate in the coming months. CLOs, a $700 billion market of securities carrying ratings ranging from junk to AAA, were largely left out of Federal Reserve stimulus programs.
“I don’t know anybody that modeled a CLO, or any other structured product, around unemployment soaring from about 3% to the levels we could be facing in the next few weeks,” said Elen Callahan, head of research at the Structured Finance Association, a trade group. “If you told an analyst to model that, they wouldn’t know what to do.”
The lowest-ranking securities sold by CLOs are most at risk. Of the roughly 900 deals that have posted data over the last month, around 21% have had cash payments cut down or cut off from the riskiest portion of their deals, known as the equity, according to Bank of America. In certain cases, junk- rated notes, which are less risky than the equity, have been affected as well. In mid-April, some analysts were expecting as many as 1 in 3 CLOs to have to limit payouts to holders of their riskiest securities.
Prices can end up dropping on securities in a deal where payments have been cut off, because investors worry about the quality of the loans backing the transaction, said Jason Merrill, a CLO specialist at Penn Mutual Asset Management. “It’s broadly considered a sign of deal distress,” Merrill said.
While investors might expect high-yield securities to suffer in a downturn, investment-grade instruments are supposed to be less vulnerable. During the last financial crisis, CLO bonds rated AA or AAA saw no defaults due to downgrades of the underlying loans. The default rates for A and BBB rated notes were infinitesimal, amounting to less than 0.01%, according to the Structured Finance Association’s Callahan.
…


investmentwatchblog--2020-05-01--Who is still interested in buying Chinese stocks? Think of having a $40+ trillion banking system as

Who is still interested in buying Chinese stocks? Think of having a $40+ trillion banking system as GDP collapses. A massive asset liability mismatch.

Who is still interested in buying Chinese stocks ?
A death cross near resistance in $ MCHI is the least @ @ @ @ @ of having a $ 40+ trillion banking system as GDP collapses .

Who is still interested in buying Chinese stocks?
A death cross near resistance in $MCHI is the least of their problems.
Think of having a $40+ trillion banking system as GDP collapses.
A massive asset liability mismatch. pic.twitter.com/3iZDQGRQh5
— Otavio (Tavi) Costa (@TaviCosta) April 30, 2020


investmentwatchblog--2020-05-01--Zoom admits it doesn’t have 300 million users, corrects misleading claims

Zoom has admitted it doesn ’ t have 300 million daily active users .
The admission came after The Verge noticed the company had quietly edited a blog post making the claim earlier this month .
Zoom originally stated it had “ more than 300 million daily users ” and that “ more than 300 million people around the world are using Zoom during this challenging time.
” Zoom later deleted these references from the original blog post , and now claims “ 300 million daily Zoom meeting participants.
” The difference between a daily active user ( DAU ) @ @ @ @ @ @ @ .
Daily meeting participants can be counted multiple times : if you have five Zoom meetings in a day then you ’ re counted five times .
A DAU is counted once per day , and is commonly used by companies to measure service usage .
Only counting meeting participants is an easy , somewhat misleading , way to make your platform usage seem larger than it is .
The misleading blog was edited on April 24th , a day after the numbers made headlines worldwide .
After The Verge reached out for @ @ @ @ @ @ @ a note to the blog post admitting the error yesterday , and provided the following statement : “ We are humbled and proud to help over 300 million daily meeting participants stay connected during this pandemic .
In a blog post on April 22 , we unintentionally referred to these participants as “ users ” and “ people.
” When we realized this error , we adjusted the wording to “ participants.
” This was a genuine oversight on our part .
”

Zoom has admitted it doesn’t have 300 million daily active users. The admission came after The Verge noticed the company had quietly edited a blog post making the claim earlier this month. Zoom originally stated it had “more than 300 million daily users” and that “more than 300 million people around the world are using Zoom during this challenging time.” Zoom later deleted these references from the original blog post, and now claims “300 million daily Zoom meeting participants.”
The difference between a daily active user (DAU) and “meeting participant” is significant. Daily meeting participants can be counted multiple times: if you have five Zoom meetings in a day then you’re counted five times. A DAU is counted once per day, and is commonly used by companies to measure service usage. Only counting meeting participants is an easy, somewhat misleading, way to make your platform usage seem larger than it is.
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The misleading blog was edited on April 24th, a day after the numbers made headlines worldwide. After The Verge reached out for comment from Zoom, the company added a note to the blog post admitting the error yesterday, and provided the following statement:
“We are humbled and proud to help over 300 million daily meeting participants stay connected during this pandemic. In a blog post on April 22, we unintentionally referred to these participants as “users” and “people.” When we realized this error, we adjusted the wording to “participants.” This was a genuine oversight on our part.”
www.theverge.com/2020/4/30/21242421/zoom-300-million-users-incorrect-meeting-participants-statement


investmentwatchblog--2020-05-01--30 million people have filed for unemployment in the last 6 weeks, equal to *every single worker* lo

30 million people have filed for unemployment in the last 6 weeks, equal to *every single worker* losing their job in these 27 states

I wanted to provide better context for the magnitude of unemployment claims ( 30 million ) in the last few @ @ @ @ @ and social distancing measures to respond to the coronavirus pandemic .
It is literally equivalent @ @ @ @ @ their jobs in a number of states ( depending on which states you look at @ @ @ @ @ choose the least populated states , and 3 if you choose the most populated states @ @ @ @ @ entire state of New York is estimated to have around 9.5 million people in the @ @ @ @ @ Feb 2020 ( i.e .all employed civilians and all people who are receiving unemployment ) @ @ @ @ @ to the original interactive map : engaging-data.com/unemployment-covid-19-pandemic/ ?
maptype=most Data on unemployment was obtained from @ @ @ @ @ website and labor force numbers by state are downloaded from the Bureau of Labor statistics @ @ @ @ @ created using javascript and the open source leaflet javascript mapping library .

by EngagingData
I wanted to provide better context for the magnitude of unemployment claims (30 million) in the last few weeks due to the shutdowns and social distancing measures to respond to the coronavirus pandemic. It is literally equivalent to every single worker losing their jobs in a number of states (depending on which states you look at). 27 if you choose the least populated states, and 3 if you choose the most populated states.
Just for context the entire state of New York is estimated to have around 9.5 million people in the civilian labor force as of Feb 2020 (i.e .all employed civilians and all people who are receiving unemployment).
We are primarily funded by readers. Please subscribe and donate to support us!
Here is a link to the original interactive map: engaging-data.com/unemployment-covid-19-pandemic/?maptype=most
Sources and Tools:
Data on unemployment was obtained from the US Department of Labor website and labor force numbers by state are downloaded from the Bureau of Labor statistics. And the visualization was created using javascript and the open source leaflet javascript mapping library.


investmentwatchblog--2020-05-01--Global energy demand is set to fall 6% in 2020, seven times greater than the drop in the wake of the

Global energy demand is set to fall 6% in 2020, seven times greater than the drop in the wake of the financial crisis.

Data sourced from the International Energy Agency , from the Global Energy Review 2020 report : www.iea.org/reports/global-energy-review-2020 .
Graph produced @ @ @ @ @ Illustrator , and animated in After Effects .

by robs62
We are primarily funded by readers. Please subscribe and donate to support us!
Data sourced from the International Energy Agency, from the Global Energy Review 2020 report: www.iea.org/reports/global-energy-review-2020. Graph produced in excel, organised in Illustrator, and animated in After Effects.


investmentwatchblog--2020-05-01--America the Victim: Are Enemies Lining Up for Revenge in the Wake of the Coronavirus?

When in trouble politically , governments have traditionally conjured up a foreign enemy to explain why things are going wrong .
Whatever one chooses to believe about the coronavirus , the fact is that it has resulted in considerable political backlash against a number of governments whose behavior has been perceived as either too extreme or too dilatory .
Donald Trump ’ s White House has taken shots from both directions and the response to the disease has also been pilloried due to repeated gaffes by the president himself .
The latest mis-spoke , now being framed by Trump ’ @ @ @ @ @ @ @ a presidential suggestion that one might consider injecting or imbibing disinfectant to treat the disease , either of which could easily prove lethal .
So , the administration is desperate to change the narrative and has decided to hit on the old expedient , namely seeking out a foreign enemy to distract from what is going on in the nation ’ s hospitals .
The tale of malevolent foreigners has been picked up by a number of mainstream media outlets and has proven especially titillating because there is not just one bad guy @ @ @ @ @ @ @ China , Russia , North Korea and Iran .
The accepted narrative is that America ’ s enemies are now taking advantage of a moment of weakness due to the lockdown response to the coronavirus and have stepped up their attacks , both physical and metaphorical , on the Exceptional Nation Under God .
The most recent claim that the United States is being targeted involves an incident in mid-April during which a swarm of Iranian gunboats allegedly harassed a group of American warships conducting a training exercise in the Persian Gulf by @ @ @ @ @ @ @ U.S. vessels at close range .
The maneuvers were described by the Navy as “ unsafe and unprofessional ” but the tiny speedboats in no way threatened the much larger warships ( note the photo in the link which illustrates the disparity in size between the two vessels ) .
Donald Trump characteristically responded to the incident with a tweet last Wednesday : “ I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea.
” Although no context was @ @ @ @ @ @ @ forces and the tweet essentially defined the rules of engagement , meaning that it would be up to the ships ’ commanders to determine whether or not they are being harassed .
If so , the would be able to open fire and destroy the Iranian boats .
Of course , there might be a physical problem in “ shooting down ” a gunboat that is in the water rather than in the air .
In the Mediterranean the threat against the U.S. consisted of two Russian jet fighters flying close to a @ @ @ @ @ @ @ Russian fighters were scrambled from Hmeymim air base in Syria after the U.S. aircraft approached Syrian airspace and Russian military facilities .
One of the fighters , a SU-35 carried out an “ unsafe ” maneuver when it flew upside down at high-speed 25 feet in front of the Navy plane .
Also in mid-April , North Korea meanwhile fired cruise missiles into the Sea of Japan amidst rumors that its head of state Kim Jong Un might be dead or dying after major surgery .
President Trump was unconcerned about the missiles @ @ @ @ @ @ @ a “ nice note ” from the North Korean leader .
Wars and rumors of wars notwithstanding , China continues to be the principal target for Democrats and Republicans alike on Capitol Hill .
GOP congressmen are reportedly urging sanctions against China while there are already a number of coronavirus lawsuits targeting Chinese assets in U.S. courts , at least one of which has a trillion dollar price tag .
Theories about the deliberate weaponization of the Wuhan virus abound and they are also mixed in with stories of how Beijing unleashed the @ @ @ @ @ @ @ style social media intervention to promote the notion that the United States has proven incapable of handling what has become a major medical emergency .
However , those who are pushing the idea that the Chinese communist party has declared war by other means fail to explain why the government in Beijing is so keen on destroying its largest export market .
If the U.S. economy goes down a large part of the Chinese economy will go with it , particularly if China ’ s second largest export market Europe is also suffering @ @ @ @ @ @ @ on in the context of the disruption caused by the coronavirus has apparently increased the normal paranoia level at the top levels of the U.S. government .
Pentagon plans to fight a war with Russia and China simultaneously , first mooted in 2018 , are still a work in progress in spite of the fact that Washington has fewer cards to play currently than it did two years ago .
The economy is down and prospects for recovery are speculative at best , but the war machine rolls on .
Many Americans tired @ @ @ @ @ @ @ the virus aftermath will include demands for a genuine national health system that will perforce gut the Pentagon budget , leading to an eventual withdrawal from empire .
In spite of the hysteria , it is important to note that no Americans have been killed or injured as a result of recent Iranian , Russian , Chinese and North Korean actions .
When you station ships and planes close to or even on the borders of countries that you have labeled as enemies it would be reasonable to expect that there will be @ @ @ @ @ @ @ of the virus , it is the United States that has suggested that it would do so in the cases of Iran and Venezuela , exerting “ maximum pressure ” on both countries in their times of troubles to bring about regime change .
If those countries that are accustomed to being regularly targeted by the United States are taking advantage of an opportunity to diminish America ’ s ability to intervene globally , no one should be surprised , but it is a fantasy to make the hysterical claim that the United @ @ @ @ @ @ @ some kind of vast international conspiracy .

by Philip Giraldi via Strategic Culture Foundation
When in trouble politically, governments have traditionally conjured up a foreign enemy to explain why things are going wrong. Whatever one chooses to believe about the coronavirus, the fact is that it has resulted in considerable political backlash against a number of governments whose behavior has been perceived as either too extreme or too dilatory. Donald Trump’s White House has taken shots from both directions and the response to the disease has also been pilloried due to repeated gaffes by the president himself. The latest mis-spoke, now being framed by Trump’s press secretary as sarcasm, involved a presidential suggestion that one might consider injecting or imbibing disinfectant to treat the disease, either of which could easily prove lethal.
So, the administration is desperate to change the narrative and has decided to hit on the old expedient, namely seeking out a foreign enemy to distract from what is going on in the nation’s hospitals. The tale of malevolent foreigners has been picked up by a number of mainstream media outlets and has proven especially titillating because there is not just one bad guy, but instead at least four: China, Russia, North Korea and Iran.
The accepted narrative is that America’s enemies are now taking advantage of a moment of weakness due to the lockdown response to the coronavirus and have stepped up their attacks, both physical and metaphorical, on the Exceptional Nation Under God. The most recent claim that the United States is being targeted involves an incident in mid-April during which a swarm of Iranian gunboats allegedly harassed a group of American warships conducting a training exercise in the Persian Gulf by crossing the bows and sterns of the U.S. vessels at close range. The maneuvers were described by the Navy as “unsafe and unprofessional” but the tiny speedboats in no way threatened the much larger warships (note the photo in the link which illustrates the disparity in size between the two vessels).
Donald Trump characteristically responded to the incident with a tweet last Wednesday: “I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea.” Although no context was provided, the president commands the armed forces and the tweet essentially defined the rules of engagement, meaning that it would be up to the ships’ commanders to determine whether or not they are being harassed. If so, the would be able to open fire and destroy the Iranian boats. Of course, there might be a physical problem in “shooting down” a gunboat that is in the water rather than in the air.
We are primarily funded by readers. Please subscribe and donate to support us!
In the Mediterranean the threat against the U.S. consisted of two Russian jet fighters flying close to a Navy P8-A submarine surveillance plane. The Russian fighters were scrambled from Hmeymim air base in Syria after the U.S. aircraft approached Syrian airspace and Russian military facilities. One of the fighters, a SU-35 carried out an “unsafe” maneuver when it flew upside down at high-speed 25 feet in front of the Navy plane.
Also in mid-April, North Korea meanwhile fired cruise missiles into the Sea of Japan amidst rumors that its head of state Kim Jong Un might be dead or dying after major surgery. President Trump was unconcerned about the missiles and also commented that he had received a “nice note” from the North Korean leader.
Wars and rumors of wars notwithstanding, China continues to be the principal target for Democrats and Republicans alike on Capitol Hill. GOP congressmen are reportedly urging sanctions against China while there are already a number of coronavirus lawsuits targeting Chinese assets in U.S. courts, at least one of which has a trillion dollar price tag. Theories about the deliberate weaponization of the Wuhan virus abound and they are also mixed in with stories of how Beijing unleashed the weapons and is now engaged in Russia style social media intervention to promote the notion that the United States has proven incapable of handling what has become a major medical emergency. However, those who are pushing the idea that the Chinese communist party has declared war by other means fail to explain why the government in Beijing is so keen on destroying its largest export market. If the U.S. economy goes down a large part of the Chinese economy will go with it, particularly if China’s second largest export market Europe is also suffering.
The craziness of what is going on in the context of the disruption caused by the coronavirus has apparently increased the normal paranoia level at the top levels of the U.S. government. Pentagon plans to fight a war with Russia and China simultaneously, first mooted in 2018, are still a work in progress in spite of the fact that Washington has fewer cards to play currently than it did two years ago. The economy is down and prospects for recovery are speculative at best, but the war machine rolls on. Many Americans tired of the perpetual warfare are hoping that the virus aftermath will include demands for a genuine national health system that will perforce gut the Pentagon budget, leading to an eventual withdrawal from empire.
In spite of the hysteria, it is important to note that no Americans have been killed or injured as a result of recent Iranian, Russian, Chinese and North Korean actions. When you station ships and planes close to or even on the borders of countries that you have labeled as enemies it would be reasonable to expect that there will be pushback. And as for taking advantage of the virus, it is the United States that has suggested that it would do so in the cases of Iran and Venezuela, exerting “maximum pressure” on both countries in their times of troubles to bring about regime change. If those countries that are accustomed to being regularly targeted by the United States are taking advantage of an opportunity to diminish America’s ability to intervene globally, no one should be surprised, but it is a fantasy to make the hysterical claim that the United States has now become the victim of some kind of vast international conspiracy.


investmentwatchblog--2020-05-01--The Press’ Conspiracy to Overthrow our Way of Life Exposed?

The Washington Times has come out with the story which is inevitable : COVID-19 turning out to be huge hoax perpetrated by media All my sources have been saying this from the very beginning .
Trump needs to get off his ass and start defending the Constitution and the entire world against these people who failed in using a 16-year old girl to push their Climate Change in a dictatorial manner denying the people any right to vote whatsoever .
They were pushing governments to act in a dictatorial manner change laws , shutting down car production , and even @ @ @ @ @ @ @ .
They do not rely on science , but on the distorted theory that is simply all linear based failing to understand there are cycles to everything – including climate .
They act like they woke up and someone turned the thermostat up in their house and are instantaneously looking for someone to blame .
They never considered that perhaps their air conditioner broke .
They have exploited a young girl who has become so used to the attention and had depression problems , to begin with , all to further their agenda @ @ @ @ @ @ @ are quickly forgetting her because they switched the narrative from Global Warming , then Climate Change , to now the trumped-up version of the Black Plague ?
Just over 1,000 people have died in Florida and most that was probably really the flu since they do not have to confirm with a test .
There are over 3,000 who die each year in car accidents .
What ’ s next ?
Outlaw car ?
Even Bill Gates admitted that there was no formula if CO2 reaches X then the temperature will by Y @ @ @ @ @ @ @ to take over the world economy , destroy it , and then rebuild it in his image of a ZERO CO2 environment .
Despite there is NO EVIDENCE to support Gates ’ proposition to destroy our way of life will create the change he seeks , he gets to do this because the press allows it and they do not question the fact that he grew up with a father also engaged in trying to reduce the population .
Gates has funded bogus models that predicted over 2 million Americans would die if @ @ @ @ @ @ @ The press still worships Ferguson despite he completely bogus forecast .
If I stood up and said the Dow would crash to just 100 , would the press continue to report my forecasts on the front page ?
Why do they never defend the people ?
NEVER in the history of human society has the entire population EVER been imprisoned under the pretense of a quarantine .
From ancient times onward , even Lepers were sent into quarantine , not the entire society .
We NEED to demand investigations – CRIMINAL INVESTIGATIONS !
@ @ @ @ @ @ @ 50 % of the population now wants to separate from the EU .
In Canada , the press has been so excessive , 9 out of 10 Canadian believe that Gates ’ vaccines should now be FORCED upon everybody .
There are many in America who do not trust Gates and his vaccine .
If I had to choose between a forced Gates vaccine or resigning from my American citizenship , I will be of the first plane out of the USA .
That ’ s my opinion .
I do not trust @ @ @ @ @ @ @ exploited this virus for his personal agenda .
Because of the vast number of people NOT covered by unemployment insurance because they may work part-time jobs , our model shows that we have exceeded 50 million of true unemployed people out of a workforce of about 164 million .
The distinction between full and part-time did not exist in 1929 to account for the 25 % unemployment rate .
These people have a right to a massive class-action lawsuit against the Gates Foundation .
NEVER in recorded history has the entire population been @ @ @ @ @ @ @ support that solution .
It was his objective which fit perfectly with closing down the economy to achieve his Zero CO2 .
This was the plot of some dictator out of a James Bond movie .
The sheer magnitude of the damage that has been unleashed on the world population is unprecedented in human history .
This has been a plot up there with ethnic cleansing except it is not about a particular race or trying to eliminate everyone except a single breed , but to attack the way human society itself functions @ @ @ @ @ @ @ not believe in cycles , but his scheme came right in on time with our Revolution Cycle which was due here in 2020 and has been the driving force of the Marxists since their first attempted revolution in 1848 .
This Climate Change has been merged with the Marxists .
They have agreed to work together to achieve power , then they would only turn against each other in the end .
They ’ re back !
Will this be the hallmark of what we face going into 2032 ?
The Marxists simply @ @ @ @ @ @ @ peace .
There is no such thing as human rights in their vocabulary .
They quash dissent and have Youtube in their pocket to suppress the truth along with other social media platforms .
They believe they have the right to oppress everyone because they can not tolerate someone else having anything they do not and they do not believe in a democratic process but seek to oppress the people and feed them with FAKE NEWS to brainwash people into surrendering all their freedoms .
It would be a nice idea to split @ @ @ @ @ @ @ one side and tax each other to death .
We tried that .
That is why our families left Europe to go to a new world to pursue happiness and freedom .
The problem is , the Supreme Court has never simply ruled that Equal Protection of the Law must also extend to class .
You should not lose your rights simply because you make more than the other guy .
I still firmly believe that there is a viable class-action lawsuit against progressive tax rates which only divides the people and allows @ @ @ @ @ @ @ warfare .
This violates also the Freedom of Religion .
If we can not get this decision out of the Supreme Court , then I fear there will be no resolution but a violent confrontation .
That may be inevitable .
The Supreme Court decision Dred Scot that rules that negros had no constitutional rights tried to stop the American Civil War .
That backfired .
We may be in a similar position .
If the left lost in court , they would probably only become outright violent .

by Martin Armstrong
The Washington Times has come out with the story which is inevitable:
All my sources have been saying this from the very beginning. Trump needs to get off his ass and start defending the Constitution and the entire world against these people who failed in using a 16-year old girl to push their Climate Change in a dictatorial manner denying the people any right to vote whatsoever. They were pushing governments to act in a dictatorial manner change laws, shutting down car production, and even trying to outlaw short flights in Europe.
They do not rely on science, but on the distorted theory that is simply all linear based failing to understand there are cycles to everything – including climate. They act like they woke up and someone turned the thermostat up in their house and are instantaneously looking for someone to blame. They never considered that perhaps their air conditioner broke.
They have exploited a young girl who has become so used to the attention and had depression problems, to begin with, all to further their agenda. How will she react as people are quickly forgetting her because they switched the narrative from Global Warming, then Climate Change, to now the trumped-up version of the Black Plague? Just over 1,000 people have died in Florida and most that was probably really the flu since they do not have to confirm with a test. There are over 3,000 who die each year in car accidents. What’s next? Outlaw car?
Even Bill Gates admitted that there was no formula if CO2 reaches X then the temperature will by Y. He has funded this anti-democratic attempt to take over the world economy, destroy it, and then rebuild it in his image of a ZERO CO2 environment. Despite there is NO EVIDENCE to support Gates’ proposition to destroy our way of life will create the change he seeks, he gets to do this because the press allows it and they do not question the fact that he grew up with a father also engaged in trying to reduce the population.
Gates has funded bogus models that predicted over 2 million Americans would die if the world economy was not destroyed. The press still worships Ferguson despite he completely bogus forecast. If I stood up and said the Dow would crash to just 100, would the press continue to report my forecasts on the front page? Why do they never defend the people? NEVER in the history of human society has the entire population EVER been imprisoned under the pretense of a quarantine. From ancient times onward, even Lepers were sent into quarantine, not the entire society.
We NEED to demand investigations – CRIMINAL INVESTIGATIONS! and NOW!
We are primarily funded by readers. Please subscribe and donate to support us!
In Italy, nearly 50% of the population now wants to separate from the EU. In Canada, the press has been so excessive, 9 out of 10 Canadian believe that Gates’ vaccines should now be FORCED upon everybody. There are many in America who do not trust Gates and his vaccine. If I had to choose between a forced Gates vaccine or resigning from my American citizenship, I will be of the first plane out of the USA. That’s my opinion. I do not trust Gates and I believe he has covertly exploited this virus for his personal agenda.
Because of the vast number of people NOT covered by unemployment insurance because they may work part-time jobs, our model shows that we have exceeded 50 million of true unemployed people out of a workforce of about 164 million. The distinction between full and part-time did not exist in 1929 to account for the 25% unemployment rate. These people have a right to a massive class-action lawsuit against the Gates Foundation. NEVER in recorded history has the entire population been quarantined. Gates has NO BASIS to support that solution. It was his objective which fit perfectly with closing down the economy to achieve his Zero CO2. This was the plot of some dictator out of a James Bond movie.
The sheer magnitude of the damage that has been unleashed on the world population is unprecedented in human history. This has been a plot up there with ethnic cleansing except it is not about a particular race or trying to eliminate everyone except a single breed, but to attack the way human society itself functions and evolves. Ironically, Gates may not believe in cycles, but his scheme came right in on time with our Revolution Cycle which was due here in 2020 and has been the driving force of the Marxists since their first attempted revolution in 1848.
This Climate Change has been merged with the Marxists. They have agreed to work together to achieve power, then they would only turn against each other in the end. They’re back! Will this be the hallmark of what we face going into 2032?
The inevitable battle between Good & Evil?
The Marxists simply refuse to allow others to live in peace. There is no such thing as human rights in their vocabulary. They quash dissent and have Youtube in their pocket to suppress the truth along with other social media platforms. They believe they have the right to oppress everyone because they cannot tolerate someone else having anything they do not and they do not believe in a democratic process but seek to oppress the people and feed them with FAKE NEWS to brainwash people into surrendering all their freedoms.
It would be a nice idea to split the country and they all go to one side and tax each other to death. We tried that. That is why our families left Europe to go to a new world to pursue happiness and freedom. The problem is, the Supreme Court has never simply ruled that Equal Protection of the Law must also extend to class. You should not lose your rights simply because you make more than the other guy.
I still firmly believe that there is a viable class-action lawsuit against progressive tax rates which only divides the people and allows the politicians to exploit hatred and class warfare. This violates also the Freedom of Religion. If we cannot get this decision out of the Supreme Court, then I fear there will be no resolution but a violent confrontation. That may be inevitable. The Supreme Court decision Dred Scot that rules that negros had no constitutional rights tried to stop the American Civil War. That backfired. We may be in a similar position. If the left lost in court, they would probably only become outright violent.


investmentwatchblog--2020-05-01--The 3 Most Effective Ways to Prevent Credit Card Fraud

Credit card fraud can cost a lot of money for businesses .
In 2016 , there were $ 16 billion lost due to credit card fraud .
For every $ 1 in fraud lost , merchants lose $ 2.94 in revenue .
Among the costliest are card-not-present transactions .
Card-not-present transactions cost more because they have a higher risk of fraud and chargebacks .
Given the high cost to businesses , it ’ s essential to employ preventative measures to decrease the chances of suffering from this financial loss .
Here are some tips you can follow to help prevent @ @ @ @ @ @ @ good look at the credit card .
Anytime you get ready to fulfill a customer transaction through credit card , always take a good look at it .
If you feel there ’ s something suspicious about it , feel free to ask the customer for their photo identification .
Cardholder identity can also be verified through Address Verification Service tools , which some merchant service providers offer .
The customer would enter their billing address , and what the system does is it cross-checks the address provided with the address on file @ @ @ @ @ @ @ event there ’ s a mismatch between the addresses , the transaction won ’ t be fulfilled .
In addition to these tools being useful , you can also pay attention to any physical abnormalities to the card .
Observe if the card has any misshapen letters , damage , unusual shape , or any form of abnormality that seems suspicious .
Payment processing technology should always come with tools that have strong anti-fraud features .
See if it follows PCI compliance .
These are a set of industry standards that ensure customer @ @ @ @ @ @ @ companies in a secure way .
In the case of when you ’ ll be using a card reader , it ’ s best to use an EMV chip reader .
These readers are more secure in comparison to the traditional swipe reader .
A traditional swipe reader is more vulnerable to credit card skimming , which is when a card that ’ s swiped can hack into the system and export all the information of the credit cards swiped with that same reader .
Some businesses have many face-to-face interactions with their @ @ @ @ @ @ @ for your business , after a while , you probably get an idea of how customers normally act with you .
With this knowledge in mind , pay close attention to a customer that appears out of the norm with your usual customer interactions .
Be suspicious if a person appears more nervous or uncomfortable during the time of the transaction .
While it ’ s not always the case that the person could be a fraudster , it ’ s certainly an early warning sign to look out for , and if @ @ @ @ @ @ @ as contacting the credit card issuer .
Keeping these three tips in mind will help you be better able to prevent credit card fraud .
The most important thing involved in these tips is simple awareness .
Be aware of your customers , be aware of the credit cards used , and make sure you ’ re aware of the latest security upgrades to keep your business safe from fraud .
Disclaimer : This content does not necessarily represent the views of IWB .

Credit card fraud can cost a lot of money for businesses. In 2016, there were $16 billion lost due to credit card fraud. For every $1 in fraud lost, merchants lose $2.94 in revenue. Among the costliest are card-not-present transactions. Card-not-present transactions cost more because they have a higher risk of fraud and chargebacks. Given the high cost to businesses, it’s essential to employ preventative measures to decrease the chances of suffering from this financial loss. Here are some tips you can follow to help prevent credit card fraud.
Take a good look at the credit card.
Anytime you get ready to fulfill a customer transaction through credit card, always take a good look at it. If you feel there’s something suspicious about it, feel free to ask the customer for their photo identification. Cardholder identity can also be verified through Address Verification Service tools, which some merchant service providers offer. The customer would enter their billing address, and what the system does is it cross-checks the address provided with the address on file with the issuing bank. In the event there’s a mismatch between the addresses, the transaction won’t be fulfilled. In addition to these tools being useful, you can also pay attention to any physical abnormalities to the card. Observe if the card has any misshapen letters, damage, unusual shape, or any form of abnormality that seems suspicious.
Keep software and hardware up-to-date.
Payment processing technology should always come with tools that have strong anti-fraud features. See if it follows PCI compliance. These are a set of industry standards that ensure customer payment information is processed and transmitted by companies in a secure way. In the case of when you’ll be using a card reader, it’s best to use an EMV chip reader. These readers are more secure in comparison to the traditional swipe reader. A traditional swipe reader is more vulnerable to credit card skimming, which is when a card that’s swiped can hack into the system and export all the information of the credit cards swiped with that same reader.
We are primarily funded by readers. Please subscribe and donate to support us!
Pay attention to suspicious behavior.
Some businesses have many face-to-face interactions with their customers. If this is the case for your business, after a while, you probably get an idea of how customers normally act with you. With this knowledge in mind, pay close attention to a customer that appears out of the norm with your usual customer interactions. Be suspicious if a person appears more nervous or uncomfortable during the time of the transaction. While it’s not always the case that the person could be a fraudster, it’s certainly an early warning sign to look out for, and if necessary, take further action, such as contacting the credit card issuer.
Keeping these three tips in mind will help you be better able to prevent credit card fraud. The most important thing involved in these tips is simple awareness. Be aware of your customers, be aware of the credit cards used, and make sure you’re aware of the latest security upgrades to keep your business safe from fraud.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-05-01--About One-Fifth Of All The Jobs In The U.S. Are Already Gone, And This Economic Depression Is Just 6

About One-Fifth Of All The Jobs In The U.S. Are Already Gone, And This Economic Depression Is Just 6 Weeks Old

In all of U.S. history we have never seen anything like this .
I have been sitting at my desk for quite a while searching for the proper words to convey the gravity of what we are facing , and to be honest it has been quite a struggle .
On Thursday , we learned that another 3.8 million Americans filed initial claims for unemployment benefits last week .
That was much higher than many experts were anticipating , because by now the initial surge of unemployment caused by the coronavirus lockdowns should have started to fade quite a bit @ @ @ @ @ @ @ tsunami continues to roll on , and at this point a total of 30.3 million Americans have filed new claims for unemployment benefits over the past six weeks .
The following comes from ABC News… According to numbers that come straight from the Federal Reserve , more than 152 million Americans were working in February , and that was an all-time high .
So losing 30.3 million jobs in six weeks means that nearly one-fifth of all jobs in the United States have officially vanished in just a month and a half .
@ @ @ @ @ @ @ that , because millions of Americans still have not been able to successfully file claims because state unemployment websites have been so overloaded .
Just check out these truly alarming numbers from the Economic Policy Institute… State unemployment websites were never designed to handle this sort of an onslaught .
For some unemployed Americans , attempting to get the benefits that they have been promised can be an exceedingly frustrating experience… How is that even possible ?
Sadly , this is what an economic collapse looks like , and the months ahead are @ @ @ @ @ @ @ to say , economic activity has come to a virtual standstill during these lockdowns , and this is really starting to show up in the numbers .
For example , Edmunds is projecting that U.S. auto sales will be down by more than half compared to last April… And major retailers are failing so rapidly now that it is hard to keep up with all the carnage .
The latest major victim to make headlines is J. Crew… COVID-19 has created an environment of great fear , and as I have been warning @ @ @ @ @ @ @ institutions tighten the flow of credit in such an environment .
We saw this happen during the last financial crisis , and it is starting to happen again now .
All over America we are seeing lending conditions being greatly tightened , and Wall Fargo just announced that they will no longer be taking applications for HELOCs at all… I was absolutely floored when I first read that .
Our entire system depends on easy credit , and these changing conditions are going to create quite a bit of chaos for the foreseeable @ @ @ @ @ @ @ that it is much , much more difficult to be approved for home loans , auto loans and credit cards , and that is going to greatly depress economic activity .
Fear is also deeply affecting U.S. consumers , and at this point they are hoarding cash at a pace that we haven ’ t seen since the 1980s… But of course there are tens of millions of Americans that have already run through their savings and can ’ t hoard cash because they don ’ t have any left .
According to @ @ @ @ @ @ @ those Americans now find themselves unable “ to pay the rent , mortgage or utility bills ” … Fear of COVID-19 turned out to be the “ black swan event ” that burst our debt-fueled economic bubble , but this economic depression would not end even if the coronavirus pandemic suddenly disappeared tomorrow .
Now that the economic dominoes are tumbling , all of the economic momentum is taking us in just one direction , and nobody is going to be able to reverse this process now that it has started .
Next @ @ @ @ @ @ @ Americans will probably be added to our rapidly growing total , and it is just a matter of time before “ great civil unrest ” starts breaking out .
Our debt-fueled economy and our Ponzi scheme financial system were never going to be sustainable in the long run , and many have been warning for years that we would eventually be facing this sort of a scenario .
Now it is here , and I wish that I could tell you that everything is going to be okay and that our leaders are @ @ @ @ @ @ @ pieces of our shattered economy back together , but I can ’ t .

by Michael Snyder
In all of U.S. history we have never seen anything like this. I have been sitting at my desk for quite a while searching for the proper words to convey the gravity of what we are facing, and to be honest it has been quite a struggle. On Thursday, we learned that another 3.8 million Americans filed initial claims for unemployment benefits last week. That was much higher than many experts were anticipating, because by now the initial surge of unemployment caused by the coronavirus lockdowns should have started to fade quite a bit. But instead, the job loss tsunami continues to roll on, and at this point a total of 30.3 million Americans have filed new claims for unemployment benefits over the past six weeks. The following comes from ABC News…
Roughly 30.3 million people have now filed for jobless aid in the six weeks since the coronavirus outbreak began forcing millions of employers to close their doors and slash their workforces. That is more people than live in the New York and Chicago metropolitan areas combined, and it’s by far the worst string of layoffs on record.
According to numbers that come straight from the Federal Reserve, more than 152 million Americans were working in February, and that was an all-time high.
So losing 30.3 million jobs in six weeks means that nearly one-fifth of all jobs in the United States have officially vanished in just a month and a half.
And actually things are even worse than that, because millions of Americans still have not been able to successfully file claims because state unemployment websites have been so overloaded. Just check out these truly alarming numbers from the Economic Policy Institute…
The Economic Policy Institute found that for every 10 people who said they successfully filed a jobless claim in the previous four weeks, three to four more attempted to apply but couldn’t get through the system to file a claim. Meanwhile, another two people didn’t even bother to try because it seemed too hard.
State unemployment websites were never designed to handle this sort of an onslaught. For some unemployed Americans, attempting to get the benefits that they have been promised can be an exceedingly frustrating experience…
Marci Oberst sat down at her computer Tuesday and embarked on what’s become a daily ritual – trying to log onto the Maryland Department of Labor’s website so she can extend her unemployment insurance. At 9:30 AM, she was number 88,000 in line, according to the state’s labor website.
Number 88,000 in line?
How is that even possible?
Sadly, this is what an economic collapse looks like, and the months ahead are going to be exceedingly painful.
Needless to say, economic activity has come to a virtual standstill during these lockdowns, and this is really starting to show up in the numbers. For example, Edmunds is projecting that U.S. auto sales will be down by more than half compared to last April…
The car shopping experts at Edmunds say that April will be a record down month for the auto industry due to the coronavirus (COVID-19) pandemic, forecasting that 633,260 new cars and trucks will be sold in the U.S. for an estimated seasonally adjusted annual rate (SAAR) of 7.7 million. This reflects a 52.5% decrease in sales from April 2019, and a 36.6% decrease from March 2020. Edmunds analysts note that this is the lowest-volume sales month dating back to at least 1990; the second worst month for sales in the past 30 years was January of 2009, when 655,000 vehicles were sold.
And major retailers are failing so rapidly now that it is hard to keep up with all the carnage.
The latest major victim to make headlines is J. Crew…
Clothing apparel company J. Crew is preparing for a bankruptcy filing that could come as soon as this weekend, people familiar with the matter tell CNBC. Privately held J. Crew is working to secure $400 million in financing to fund operations in bankruptcy, said the people, who requested anonymity because the information is confidential. They cautioned that timing could still slip, and plans are not yet finalized.
COVID-19 has created an environment of great fear, and as I have been warning for a very long time, financial institutions tighten the flow of credit in such an environment.
We are primarily funded by readers. Please subscribe and donate to support us!
We saw this happen during the last financial crisis, and it is starting to happen again now.
All over America we are seeing lending conditions being greatly tightened, and Wall Fargo just announced that they will no longer be taking applications for HELOCs at all…
Wells Fargo, one of the largest home lenders in the U.S., is stepping away from the market for home equity lines of credit because of uncertainty tied to the coronavirus pandemic. The bank informed its mortgage personnel of the news Thursday in a conference call, according to a source, and the move was confirmed by company spokesman Tom Goyda.
I was absolutely floored when I first read that.
Our entire system depends on easy credit, and these changing conditions are going to create quite a bit of chaos for the foreseeable future. Americans are going to find that it is much, much more difficult to be approved for home loans, auto loans and credit cards, and that is going to greatly depress economic activity.
Fear is also deeply affecting U.S. consumers, and at this point they are hoarding cash at a pace that we haven’t seen since the 1980s…
Americans are so nervous about the state of the economy that they are stashing cash in the bank at a rate not seen since the first year of Ronald Reagan’s presidency. The United States government’s Bureau of Economic Analysis reported Thursday morning that the savings rate surged to 13.1% in March — up from 8% in February.
But of course there are tens of millions of Americans that have already run through their savings and can’t hoard cash because they don’t have any left.
According to one brand new survey, many of those Americans now find themselves unable “to pay the rent, mortgage or utility bills”…
The coronavirus’ seismic hit on the U.S. economy is rattling people’s finances. Roughly 41% of working-age adults say their families have experienced a job loss, a decrease in work hours or other employment-related declines in income in recent weeks, according to a new analysis by the Urban Institute. Underscoring the jump in financial distress around the country: More than 4 in 10 of Americans whose work was affected by the pandemic said they weren’t able to pay the rent, mortgage or utility bills; skipped medical care; or were at risk of going hungry.
Fear of COVID-19 turned out to be the “black swan event” that burst our debt-fueled economic bubble, but this economic depression would not end even if the coronavirus pandemic suddenly disappeared tomorrow.
Now that the economic dominoes are tumbling, all of the economic momentum is taking us in just one direction, and nobody is going to be able to reverse this process now that it has started.
Next week, a couple more million unemployed Americans will probably be added to our rapidly growing total, and it is just a matter of time before “great civil unrest” starts breaking out.
Our debt-fueled economy and our Ponzi scheme financial system were never going to be sustainable in the long run, and many have been warning for years that we would eventually be facing this sort of a scenario.
Now it is here, and I wish that I could tell you that everything is going to be okay and that our leaders are going to be able to put the pieces of our shattered economy back together, but I can’t.


investmentwatchblog--2020-05-01--Why The Meat Shortages Are Going To Be Much Worse Than Most Americans Are Anticipating

Many Americans have been absolutely shocked by the meat shortages that have started to happen around the nation , but what most of them don ’ t realize is that the worst is yet to come .
More workers keep getting sick , more processing plants keep getting shut down , and Time Magazine is now warning that the meat shortages “ could last for months ” .
And even if meat is available at your local grocery store , you may be limited to one or two of a particular item on each trip .
For those not familiar @ @ @ @ @ @ @ is known as “ rationing ” .
And even though President Trump just issued an executive order that “ encourages ” meat processing facilities to stay open , it actually won ’ t do very much at all to alter our current trajectory , and I will explain why below .
But first , let ’ s talk about where things currently stand .
According to USA Today , the number of cattle , hogs and sheep being slaughtered is way , way down compared to last year… And as the number of @ @ @ @ @ @ @ the COVID-19 pandemic has surged , the decline in meat production has accelerated… If production continues to stay at such a low level , we are going to run into major supply chain headaches very rapidly .
After all , do you plan to eat 42 percent less meat this year ?
I certainly do not .
In recent days , there was hope that President Trump ’ s new executive order would bring a quick end to the meat shortages .
When I first heard about this executive order , I assumed @ @ @ @ @ @ @ meat processing facilities to reopen and would shield the owners from any lawsuits .
But it turns out that this executive order doesn ’ t actually do either of those things… Sadly , it appears that this executive order isn ’ t really going to do much good at all .
Big meat processing corporations are going to be quite afraid to reopen facilities as long as the threat of lawsuits looms large .
I can promise you that there are already lawyers circling like vultures , and they are going to try @ @ @ @ @ @ @ these large companies .
So when will the threat of lawsuits finally go away ?
Well , it won ’ t just be “ weeks ” , and “ a few months ” might be overly optimistic .
In our overly litigious society , reopening facilities and exposing your employees to the virus while a pandemic is still raging is basically the equivalent of begging for a class action lawsuit .
Unless President Trump or Congress steps up and takes bold action , nothing is going to change .
And if nothing changes @ @ @ @ @ @ @ millions of pounds of meat will disappear from the food chain ” … Tyson Foods , one of the U.S. ’ s biggest meat processors , didn ’ t mince words in a full page New York Times spread that ran Sunday , in which they warned , “ the food supply chain is breaking.
” “ As pork , beef and chicken plants are being forced to close , even for short periods of time , millions of pounds of meat will disappear from the supply chain , ” John Tyson , @ @ @ @ @ @ @ , wrote in a letter published as an advertisement .
“ As a result , there will be limited supply of our products available in grocery stores until we are able to reopen our facilities that are currently closed.
” And with supplies getting really tight , we are already starting to see prices go into the stratosphere .
In fact , Zero Hedge is reporting that the price of wholesale beef has already risen a whopping 62 percent since February… Eventually , it is likely that we will get to a point @ @ @ @ @ @ @ back on their consumption of meat because they simply can ’ t afford as much of it anymore .
I hope that you did what you could to get prepared in advance , because it appears that these shortages may be quite painful .
If you can believe it , McDonald ’ s has already implemented a system of “ controlled allocation ” for their restaurants… Did you ever imagine that we would see a day when McDonald ’ s would be worried about potentially running out of meat ?
Well , it @ @ @ @ @ @ @ only going to get tighter in the months ahead .
Sadly , farmers are having to euthanize millions of chickens , pigs and cattle because meat processing facilities won ’ t take them while they are shut down .
So the truth is that there should be plenty of meat to go around , but fear of COVID-19 has caused a total breakdown of the supply chain .
What is happening is truly a tragedy , and hopefully our politicians will step forward and take dramatic action before things get even worse .

by Michael Snyder
Many Americans have been absolutely shocked by the meat shortages that have started to happen around the nation, but what most of them don’t realize is that the worst is yet to come. More workers keep getting sick, more processing plants keep getting shut down, and Time Magazine is now warning that the meat shortages “could last for months”. And even if meat is available at your local grocery store, you may be limited to one or two of a particular item on each trip. For those not familiar with the concept, this is what is known as “rationing”. And even though President Trump just issued an executive order that “encourages” meat processing facilities to stay open, it actually won’t do very much at all to alter our current trajectory, and I will explain why below.
But first, let’s talk about where things currently stand. According to USA Today, the number of cattle, hogs and sheep being slaughtered is way, way down compared to last year…
American slaughterhouses processed nearly a million fewer cattle, hogs and sheep in the past week than they did during the same time a year ago, marking a new low that experts say will likely increase “spot” shortages of meat at some grocery stores.
And as the number of meat processing facilities closing down due to the COVID-19 pandemic has surged, the decline in meat production has accelerated…
Last week, meat production was down about 25 percent compared to the same time last year, according to the U.S. Department of Agriculture. On Wednesday, production was a full 42 percent lower than the same day last year.
If production continues to stay at such a low level, we are going to run into major supply chain headaches very rapidly.
After all, do you plan to eat 42 percent less meat this year?
I certainly do not.
In recent days, there was hope that President Trump’s new executive order would bring a quick end to the meat shortages. When I first heard about this executive order, I assumed that it would force all of the meat processing facilities to reopen and would shield the owners from any lawsuits. But it turns out that this executive order doesn’t actually do either of those things…
Meanwhile, legal experts said President Donald Trump’s executive order Tuesday declaring meatpacking plants “critical” to keep open will do little on its own to stop the slide in meat production brought on by the spread of the coronavirus among meatpackers. “It doesn’t compel meat or poultry producers to remain in production,” said Deborah Pearlstein, a law professor at Yeshiva University, and it doesn’t give employers immunity from lawsuits.
Sadly, it appears that this executive order isn’t really going to do much good at all.
Big meat processing corporations are going to be quite afraid to reopen facilities as long as the threat of lawsuits looms large. I can promise you that there are already lawyers circling like vultures, and they are going to try to squeeze millions of dollars out of these large companies.
So when will the threat of lawsuits finally go away?
Well, it won’t just be “weeks”, and “a few months” might be overly optimistic.
We are primarily funded by readers. Please subscribe and donate to support us!
In our overly litigious society, reopening facilities and exposing your employees to the virus while a pandemic is still raging is basically the equivalent of begging for a class action lawsuit.
Unless President Trump or Congress steps up and takes bold action, nothing is going to change.
And if nothing changes, Tyson Foods is warning that “millions of pounds of meat will disappear from the food chain”…
Tyson Foods, one of the U.S.’s biggest meat processors, didn’t mince words in a full page New York Times spread that ran Sunday, in which they warned, “the food supply chain is breaking.” “As pork, beef and chicken plants are being forced to close, even for short periods of time, millions of pounds of meat will disappear from the supply chain,” John Tyson, Chairman of the Board of Tyson Foods, wrote in a letter published as an advertisement. “As a result, there will be limited supply of our products available in grocery stores until we are able to reopen our facilities that are currently closed.”
And with supplies getting really tight, we are already starting to see prices go into the stratosphere.
In fact, Zero Hedge is reporting that the price of wholesale beef has already risen a whopping 62 percent since February…
Wholesale American beef prices jumped 6% to a record high of $330.82 per 100 pounds, a 62% increase from the lows in February, according to Bloomberg, citing new USDA data.
Eventually, it is likely that we will get to a point where many Americans are forced to cut back on their consumption of meat because they simply can’t afford as much of it anymore.
I hope that you did what you could to get prepared in advance, because it appears that these shortages may be quite painful. If you can believe it, McDonald’s has already implemented a system of “controlled allocation” for their restaurants…
McDonald’s is temporarily changing how restaurants get their supply of beef and pork, as the US faces potential meat shortages due to slaughterhouse closures. McDonald’s has put items including burger patties, bacon, and sausage on controlled allocation. That means the company’s supply chain will send restaurants meat shipments based on calculated demand across the American system, as opposed to the usual practice of management ordering the amount believed will be needed.
Did you ever imagine that we would see a day when McDonald’s would be worried about potentially running out of meat?
Well, it is actually happening, and supplies are only going to get tighter in the months ahead.
Sadly, farmers are having to euthanize millions of chickens, pigs and cattle because meat processing facilities won’t take them while they are shut down.
So the truth is that there should be plenty of meat to go around, but fear of COVID-19 has caused a total breakdown of the supply chain.
What is happening is truly a tragedy, and hopefully our politicians will step forward and take dramatic action before things get even worse.


investmentwatchblog--2020-05-01--The World Will Never Be The Same

The World Will Never Be The Same

In this interview Egon von Greyerz explains to Paul Eberhart of SilverDoctors that the combination of the Coronavirus and the coming economic depression will change the world forever .
We are now going towards a hyperinflationary depression that will eventually lead to a deflationary depression .
The next couple of years will not be a pretty picture and many people will suffer .
It has been too easy with governments and central banks printing money that has given an illusory high standard of living .
But the world will now discover that printed money has no value and that you @ @ @ @ @ @ @ with more debt .
Although times will be hard , there are always opportunities for people who are willing to work hard .
As long as you don ’ t depend on worthless printed money and bankrupt governments .
Egon ’ s message has been consistent for 20 years .
The risks in the world are unprecedented due to the massive debt and asset bubbles and wealth preservation in the form of physical gold and silver is essential .
Gold and silver are dramatically undervalued and very soon it will be impossible to @ @ @ @ @ @ @ Other areas covered by Egon and Paul : • Every single hyperinflationary event in history came as a result of the debasement of currency • Disconnect between paper market vs physical market in oil and gold • How does real estate compare to gold and silver ?
Watch this interview to learn the answers to these questions and more .

In this interview Egon von Greyerz explains to Paul Eberhart of SilverDoctors that the combination of the Coronavirus and the coming economic depression will change the world forever. We are now going towards a hyperinflationary depression that will eventually lead to a deflationary depression.
The next couple of years will not be a pretty picture and many people will suffer. It has been too easy with governments and central banks printing money that has given an illusory high standard of living. But the world will now discover that printed money has no value and that you can’t solve a debt problem with more debt.
Although times will be hard, there are always opportunities for people who are willing to work hard. As long as you don’t depend on worthless printed money and bankrupt governments.
We are primarily funded by readers. Please subscribe and donate to support us!
Egon’s message has been consistent for 20 years. The risks in the world are unprecedented due to the massive debt and asset bubbles and wealth preservation in the form of physical gold and silver is essential. Gold and silver are dramatically undervalued and very soon it will be impossible to buy precious metals at these prices.
Other areas covered by Egon and Paul:
Every single hyperinflationary event in history came as a result of the debasement of currency
Disconnect between paper market vs physical market in oil and gold
Why you shouldn’t buy gold ETFs
How does real estate compare to gold and silver?
Watch this interview to learn the answers to these questions and more.