Economic pressures

[Danny B]

Speedbumps on the economic highway

1/27 Kobe Bryant, daughter Gianna die in helicopter crash – ESPN
The pilot flew right over my area and, continued north. She was given a ceiling of 2500 ft. She was flying at 1400 ft. when she went off the radar in a mountainous area. True they are small mountains but, evidently, big enough.
https://www.youtube.com/watch?v=B0pQfgi9ZqU

1/27 Is Donald Trump one of the smartest presidents in US history? – The Hill
Get REAL
https://www.cheatsheet.com/culture/p...anguages.html/
1/27 Holy cow, Batman – 2! There really is rampant inflation! – Forbes
Yep, the currency inflation eventually bleeds over to the lower loop and, causes price inflation..
1/27 US futures poised to gap down on coronavirus scare: What then? – Mish
1/27 Coronavirus fear hits oil, prices drop most since May – CNBC
1/27 Japan falls 2% in early trade; many Asian markets closed for New Year – CNBC

JPMorgan: Please Buy This Dip

Hedge Fund CIO: "Are We On The Cusp Of Economic Regime Change And Unprecedented Wealth Destruction"
""One man’s debt is another man’s asset,” said the CIO, lifting his palms evenly, bringing them into perfect balance. “The weight of one is perfectly offset by that of the other.” So in theory, it should not matter how large either grows. “But debt creates asymmetric behavior between borrower and lender,”"

NOT exactly true. The interest charge is always pulling from the asset side to the debt side. The imbalance just gets bigger until it blows.
https://www.zerohedge.com/markets/he...th-destruction
"Eveything Just Changed" - CoV Contagion Sparks Massive Treasury Short Stop-Out, Stock Dealers Flip "Short Gamma"
Taliban Claims It Shot Down US Spy Plane Over Afghanistan
Well, now, we just CAN'T pull out of Afghanistan.
Dow Dumps Into Red For 2019, Yields Near 4-Mo Lows
From Meltup To Meltdown: Virus Fears Stoked, Deutsche Bank Broke, & Capitalism 'Woke'

China Closes Foxconn, Johnson & Johnson, And Samsung Factories Amid Virus Outbreak
Prevention, Control, & A Busy Week Ahead For Central Bank 'Stabilizers'
Hong Kongers Riot Over Plans To Use Public Housing As Coronavirus Quarantine
NOT in my back yard.

Global Stocks Crash As Coronavirus Pandemic Infects 3,000; China, Yuan Plummet
""Any economic shock to China’s colossal industrial and consumption engines will spread rapidly to other countries through the increased trade and financial linkages associated with globalization."
Brexit Happening: Noted Anglo-Skeptic Charles de Gaulle Vindicated Beyond The Grave
"The main significance is this: getting liberal/globalist elites to respect democratic outcomes even if they don’t like them. This is an important precedent"
YES IT IS !

[Danny B]

Lots of questions about the quarantine,,,, economic fallout

China has a huge force mobilized considering the small death rate.
"Currently, however, the new virus will be treated as a Grade A infectious disease, which requires the strictest prevention and control measures, including mandatory quarantine of patients and medical observation for those who have had close contact with patients, according to the commission.

At present, only two infectious diseases — bubonic plague and cholera — are classified as Grade A infectious diseases in China."

NO WAY OUT China BLOCKS UK from airlifting hundreds of Brits trapped in coronavirus-plagued Wuhan

"Around 2,000 people have arrived in the UK from Wuhan in the last two weeks. But last night only 51 had been found and tested for the killer bug —– just 2.5 per cent of the “at risk” total.|"

Here is the spread;
https://gisanddata.maps.arcgis.com/a...23467b48e9ecf6
CDC Expands Level 3 Travel Warning To All Of China
I'm sure that Gates is happy with all of this.
https://www.thesun.co.uk/news/108147...3-million-die/
From the CFR
Coronavirus Spread Self-Sustaining, Won't Stop With Warmer Weather: CFR
https://www.youtube.com/watch?v=ZO_XC3jI2c4

The economic effect

Wuhan Streets And Markets Look Like A Ghost Town - Vid
Scenes Of Ghostly Empty Streets In Wuhan - Vid
Rense - How Viruses Can Easily Infect People Through
Their Eyes Or By A Simple Trip To The Store Or The Bank

Just imagine if people only went out for dire necessities. Imagine of they stayed away from work.
From Meltup To Meltdown: Virus Fears Stoked, Deutsche Bank Broke, & Capitalism 'Woke'
https://www.zerohedge.com/markets/me...apitalism-woke
Charles Hugh Smith asks a very good question.
http://charleshughsmith.blogspot.com...stimating.html
1/28 Stocks in Singapore and South Korea drop more than 2% amid virus fears – CNBC
1/28 Negative debt pile surges by $1.2 trillion in dash for havens – GATA

1/28 Hundreds of virus carrying planes headed for US, London, Paris, Vancouver – Mish
1/28 Coronavirus prompts automakers to evacuate workers from China – CNBC
1/28 Coronavirus is biggest risk in 100 years – Martenson and Maloney
1/28 Yields drop to three-month lows on coronavirus concerns – Reuters
1/28 SF prepares center for coronavirus outbreak – San Francisco Chronicle
1/28 Coronavirus weighs on US leveraged loan market – Reuters
1/28 Bob Moriarty: The everything bubble just burst and here’s why – 321Gold

Well, we don't need to speculate any longer on whether or not the epidemic is going to affect markets.
1/28 Homesteaders, catastrophists run for the hills to flee U.S. uncertainty – Reuters
1/28 How to prepare for the corona virus pandemic – Chris Martennson

Here's a chart of the S&P. What goes up must go down.
https://www.macrotrends.net/2324/sp-...cal-chart-data

[Danny B]

Tax then until they squeal

I wanted to back off on the news about corona virus. Now isn't the time for that.
China Virus Cases Almost Double Overnight, Deaths Top 100 As North Korea Closes Border
"2714 cases now in Hubei, up a stunning 91% overnight..."
All y'all know what doubling means.
Emergency Evacuation Of Americans Begins From Epidemic-Stricken Chinese City OMG
Of course, none of them will be carriers.
Markets In Turmoil: Corona-Chaos Sparks Carnage In Crude, Credit, & The Yield Curve




Back to economic news.
Morgan Stanley: "The Correction Has Begun" But The Fed Will Keep It To 5%
DOJ Hires Antitrust Staff As "Broad Investigation" Into Big Tech Firms Accelerates
Trump is going on the prowl.
Congress Now Funding "Controversial" Geoengineering 'Plan B' To Spray Particles In The Sky To Cool Earth
https://www.zerohedge.com/technology...sky-cool-earth
Amazing, they want to spray the sky with chemicals to cool us down.

California Sued After Concealing $320 Billion In Annual State Payments
"Oddly, the rejection didn’t argue the law, but instead claimed that the controller couldn’t locate a single one of the 49 million bills she paid last year..."
OMG, You mean that I can't trust the government to be honest about expenditures?
Boeing Implosion Leads To Worst Aircraft Orders In 11 Years, With GDP Collapse On Deck
YES, but think of the money they saved by outsourcing their engineering to $8 an hour Indian engineers.
US Home Prices Accelerate At Fastest Pace In 9 Months
The hot money is on the move.

Watch: CNN Calls Trump Supporters Stupid Illiterate Rednecks
THAT attack strategy flopped last time so, obviously, it should be used again.
Armstrong;

"That’s what my new book “Manipulating the World Economy” is all about. It’s about all the manipulations. Governments have tried to control it, and they are losing it on every possible level.

This is like the last ditch effort, the last hurrah or last battle for the central banks. If the Fed loses, you are talking about central banks can no longer function in controlling the economy, inflation or anything.”

“Correct. They have already lost control, otherwise they wouldn’t be doing this...

They are trying to keep rates down. If the Fed loses, rates are going to go up, and you are going to see this in the Treasury auctions. Then it won’t matter what the Fed is trying to do in the repo market. You will see this stress in the Treasury auctions, and the government will have to start paying higher prices. This is what’s going to take place.”
1/28 Fed repos have plowed $6.6 trillion into Wall Street in four months – GATA

"Dec 3, 2019 - Supervisors Janice Hahn and Kathryn Barger co-authored the motion to put the 6-cents-per-square-foot parcel tax on the March 3, 2020, ballot, pointing to a May 2018 assessment showing that the fire department is underfunded and underresourced. ... More firefighters are also urgently needed, Hahn and Osby said."
Yep, more money for the blob state. Here for an opposing view, is Joe Taxpayer.
https://www.youtube.com/watch?v=aap_p8DYEUo


This is a repost from years ago. The original article seems to be gone from the net. This is from Fleet Owner magazine with the trucking industry.

"New Jersey spends $1.1 million per-mile to maintain state roads.
Florida spends $671,000 per-mile to maintain State roads.
California spends $545,000 per-mile for maintenance.
California spends $93,464 just for administrative costs..
South Carolina spends just $34,000 per-mile to maintain State roads.
Virginia and Texas spend about $6500 per-mile for administrative costs.
State spending on State roads increased by 8% from 2007 to 2008.

This article is from 2010 so, you can imagine the growth in spending since then.
Parkinson's Law states that GOV bureaucracy will grow by 6% a year regardless of the work load.
Current;
Spending on state-owned roads totaled $132 billion in 2012, up 6 percent from 2011.

South Carolina and West Virginia spent just $39,000 per mile of road in 2012 while New Jersey spent over $2 million per state-controlled mile.
Texas administration costs were less than $4,000 per mile and Kentucky spent less than $1,000 per mile on office costs, best in the nation.

[Danny B]

The figures in expenses above are;
The cost of maintaining 1 mile of 2 lane road.
In the case of New Jersey, they spend $2 million to maintain 1 mile of 2 lane road for one year.

[Danny B]

I can't seem to leave the epidemic alone.
Nice graph here.
https://www.zerohedge.com/health/cor...nfections-week
"But the official global response is "these facts don't matter," and so hundreds of airline flights continue to leave cities swept by the disease."

This may be an appropriate analogy to the U.S. stock market, which is widely considered "unsinkable" due to the Federal Reserve's unlimited ability to create "liquidity" (cash) out of thin air.
The stock market just had a minor collision with the coronavirus, and few are heeding the warnings, preferring to heed the reassurances that thanks to the omnipotent Federal Reserve, the market is unsinkable,"
http://charleshughsmith.blogspot.com...e-titanic.html

"This is why the CEO of Blackrock (the world’s largest money management firm), has said that people today have to set aside THREE TIMES AS MUCH money to save for retirement as their parents and grandparents did."
"And in that same report, the Trustees show that Social Security would need a $50 TRILLION bailout in order to have sufficient funding for its long-term obligations."
https://www.sovereignman.com/investi...stem-is-27114/

https://www.zerohedge.com/geopolitic...obalist-agenda
The FED says, don't worry,,, be happy.
https://www.zerohedge.com/economics/...ion-dont-worry
Bill Dudley: The Fed's Balance-Sheet Expansion Has No Effect On The Stock Market
US Pending Home Sales Suffer Worst December Collapse On Record



Is This The Man Behind The Global Coronavirus Pandemic?




"In human history, we have been chasing infectious diseases one after another," says Zhou, "but bats appear to be a 'super-mammal' to these deadly viruses."

Boeing Reports Epic $4 Billion Revenue Miss, Announces $18.6BN In 737 MAX Costs, Cuts 787 Production; Stock Surges






Boeing just had its worst year since 1997. The market's reaction? The stock is surging on hopes it can't possibly get any worse.

The Economics Of Pandemics And Quarantines






...economic theory suggests the possibility that extreme measures such as sealing off a city, a travel ban or quarantines may actually make things worse...


Freeport-McMoRan CEO Fears "Global Black Swan" As "Devil"-Virus Sparks Record Copper Collapse
Dr. Copper is sick?

[Danny B]

Zero Hedge headlines;
Eventual death of the unicorns

Stocks, Bond Yields Tumble After CDC Confirms First Person-To-Person Virus Spread In US

GnS: Coronavirus Has The Potential To Trigger A Global Depression

DNC In Disarray After Chairman's Secret Golden Parachute Revealed

Nordstrom Starts Selling Used Clothes To Broke Americans

What Does Lowest Population Growth In US History Mean For Housing?

Global Governance Structure Is "Too Centralized & Too Authoritarian"

"It's Crazy" - Global Run On Virus Masks Leaves US And Europe With No Supply

1/31 China virus fears accelerates tumble in euro zone bond yields – Reuters




2019 saw US population growth at its lowest percentage level in US history aside from the pandemic years of 1918/1919 (when the Spanish flu took the lives of nearly 700,000 Americans)...
EU Army Ambitions Crushed As German Troops Forced To Use Their Own Cars In War Drills






...German troops using their own vehicles because of a shortage of infantry tanks as many were in disrepair.

Pento: Trillion-Dollar Stocks & The Imminent ETF Disater






This behavior is emblematic of all bull markets once they begin to hit the manic phase...


'Burning Bodies In Secret' - New Accounts From Wuhan Detail Coronavirus Outbreak






"Without properly identifying these patients, which means there are patients who died from the virus but not adding to the official record..."

BTC,In 2019 alone, cybercriminals were able to siphon away $4.26 billion from cryptocurrency users and exchanges, according to a new report by CipherTrace.
https://www.businessinsider.com/the-...-so-far-2019-8


Excellent article from Daily Reckoning
“The Stock Market Is Worth Less Than Half of What It Was Worth 20 Years Ago”
https://dailyreckoning.com/a-date-an...al-armageddon/

Last but, most important. Understanding how we got and, who did it.
"It was that phrase “Amazon winter” that got me. Amazon poses such an existential threat to any sector it enters that even speculation that it may enter a space is enough to tank every public stock in it.

But it isn’t just Amazon that is scouring the economy looking for spaces to disrupt and so-called “value to unlock”, it’s every Amazon wannabe, trying to become the Amazon of their own space, or to lock up a “blue ocean” before somebody like Amazon can move in and eat it.

The end objective of all these players isn’t to have viable businesses, ones that do business the old fashioned way, at a profit.

Instead the end objective is to set in motion a cascading series of financial events at successively higher valuations. That’s the game now, and I’ve decided to call that game Unicorn Bingo. The macro effects of Unicorn Bingo are to usher in Unicorn Winter.
Unicorn Winter is the long, hard slog where credit induced asset bubbles on Wall Street suck up all the oxygen from Main Street.

It’s the Cantillon Effect, when geometrically increasing central bank balance sheets lift up the Unicorns’s valuations while pushing up the cost-of-living for everybody else.
NB, Amazon didn't do anything illegal. It is / was the FED support of rich-but-useless bankers that channel;ed in the liquidity that allowed Amazon to eat up everything not-Amazon.
"The Unicorn Winter isn’t about making money, as in profits. It’s about monetizing what goes on in the mind of people who have no idea they’re being datamined.

Unicorns don’t create jobs. For the most part they create gigs. Temporizing everything from your home, your office, your server space, everything is delivered as-a-service, most likely at-a-loss and if there’s any humans involved in the chain at all it’s as part of somebody’s side hustle. Because that’s all there is now that everything else has been disrupted away in a sweeping tide of financialization."
But in the Unicorn Winter the people who didn’t want to play Unicorn Bingo don’t get exits. They get shut down, liquidated, foreclosed or stripped out in asset sales.
https://guerrilla-capitalism.com/art...nicorn-winter/


Benedict Evans
Why Amazon Has No Profits (And Why It Works)

This is very important to understand. If Amazon can rely on an un-ending supply of liquidity from venture capitalists and other investors, it doesn't need to make a profit. Those competing businesses that don't attract hot money can't possibly compete.

"Amazon is going to kill more American jobs than China did
Millions of retail jobs are threatened as Amazon’s share of online purchases keeps climbing"
The FED, indirectly wiped out the profit margins for everybody but Amazon. 40% of American companies don't make a profit.

[Danny B]

https://en.wikipedia.org/wiki/List_o...acres_in_China
This board did it again. Erased my post when I posted this link

[Danny B]

The speedbumps are getting bigger

There is good news from the "coronavirus front. It responds to certain medicines.
There is BAD news too.
"Now, a respected epidemiologist who recently caught flack for claiming in a twitter threat that the virus appeared to be much more contagious than initially believed is pointing out irregularities in the virus's genome that suggests it might have been genetically engineered for the purposes of a weapon, and not just any weapon but the deadliest one of all.
In "Uncanny similarity of unique inserts in the 2019-nCoV spike protein to HIV-1 gp120 and Gag", Indian researchers are baffled by segments of the virus's RNA that have no relation to other coronaviruses like SARS, and instead appear to be closer to HIV. The virus even responds to treatment by HIV medications. "
https://www.zerohedge.com/geopolitic...ated-bioweapon
China has far too many old people and, far too few young to support them. Here is a list of massacres by the Chinese government. Interestingly, it includes a 3 year massacre of landlords.
https://en.wikipedia.org/wiki/List_o...acres_in_China

"much more contagious" Is a death knell for the economy.
2/01 Coronavirus fears send stocks sharply lower – Morgan Report
2/01 CDC quarantines 195 US citizens, prepares for pandemic – Mish
2/01 Virus shock crashes Baltic Dry, sparks China hard-landing fears – Zero Hedge
2/01 Pilots, flight attendants demand flights to China stop as virus fear mounts – Reuters1/31
Fear spreads easily. That’s what gives the Wuhan coronavirus economic impact – PSW
1/31 A $1.5 trillion wipeout and more: virus fallout across assets – Yahoo!
1/31 European stocks head for worst week since October – MarketWatch

It is difficult to make projections at this point. Everybody but the bankers has been screwed. This writer projects that we will fall into mass apathy.
http://www.amerika.org/politics/tomo...-mass-entropy/
Kunstler sees it differently.
2/01 “When that happens, civil war two begins in earnest!” – Kunstler

Here are some possible outcomes.
https://www.goldmoney.com/research/g...-coming-crisis

2/01 California is building lots to contain “thousands” living in their cars – Zero Hedge

I see these people everywhere. Most have NO cars.

[Danny B]

I know that I should have started a separate thread for the coronavirus. But, it is going to cause a HUGE economic hit. I need to clarify one very important detail.
Chinese state media People’s Daily slammed for claiming a ‘herbal drink’ can prevent Wuhan virus

"Drink consists of nine ingredients boiled in water
In a tweet posted on Tuesday, Jan. 21, on its official Twitter account, People’s Daily claimed drinking a concoction made from a total of nine ingredients, such as honeysuckle flower, weeping forsythia, reed rhizome, black bamboo, and peppermint, could protect one from contracting the virus."
So, allopathic medicine attacked homeopathic medicine. Where lies the truth?
"Now, a team of researchers headed by Dr Chen-Yu Zhang of Nanjing University in China has identified MIR2911 (honeysuckle-encoded atypical microRNA2911) as the first active component directly targeting various influenza viruses, including the swine flu H1N1, highly pathogenic avian H5N1 and H7N9 infections.

MIR2911 represses influenza viruses by targeting PB2 and NS1, two genes that are known to be required for influenza viral replication."
http://www.sci-news.com/medicine/sci...kle-02206.html

OK, so much for doubts on Honeysuckle.
What about Black Elderberry?

ELDERBERRY


A clinical trial done during a severe flu outbreak in 1992-1993 in Israel showed that black elderberry treated/cured flu symptoms faster than Tamiflu. Another study performed in Oslo, Norway in 2002, also confirmed the amazing efficacy for type A or B flu victims of several different strains. Returns to the state of wellness mostly occurred in two days while a few were well in three days. Tamiflu took 4.5 to 5 days. It took 6 days or more for the flu victims on placebos to recover. There were no side effects from taking elderberry in either study.

Elderberry contains several healthful immune boosting properties, including antioxidants, tannins, vitamins A, B, and C, and flavonoids, just to name a few. But it’s best known for knocking out the flu right when it starts, so it’s important to take it immediately upon having symptoms.


OTHER INGREDIENTS IN OUR ELDERBERRY TINCTURE


Our Elderberry contains several healthful immune boosting properties, including antioxidants, tannins, vitamins A, B, and C, and flavonoids, just to name a few. But it’s best known for knocking out the flu right when it starts, so it’s important to take it immediately upon having symptoms.

Echinacea: Even the National Institute of Health admits that it’s shown to be effective when taken immediately upon experiencing symptoms of the cold or flu. They also state that it’s used effectively to treat: urinary tract infections, vaginal yeast infections, genital herpes, bloodstream infections (septicemia), gum disease, tonsillitis, streptococcus infections, syphilis, typhoid, malaria, and diphtheria.

Hibiscus: Hibiscus has a number of uses, but we put it in our elderberry cold and flu fighting tincture because it is high in key vitamins that helps support a healthy immune system.

Rosehips: Rosehips share many uses with vitamin C, including preventing and treating colds, flu, and vitamin C deficiencies.

Cinnamon: Cinnamon has been historically used to treat the cold and flu, and counteracts congestion, warms the body and enhances digestion. It has also been used for treating gastrointestinal distress and stomach spasms.

"Israeli researcher Dr. Madeleine Mumcuoglu of Hadassah-Hebrew University Medical ... Additionally, a British in vitro study found that black elderberry extract was over 99 percent effective in combating avian bird flu (H5N1)."
It combatted FATAL bird flu very well.

OK, what news from China/
HARD TO BELIEVE

China's Wuhan is ground zero for the latest strain of the coronavirus, dubbed 2019-nCoV, or more commonly the Wuhan virus that has spread to at least 19 countries, infecting 9,356 people in China alone.
The Chinese Foreign Ministry said in a statement on Friday that Beijing prepared special charter flights to return Wuhan residents from abroad to the epicenter of the virus-hit Hubei province.

"Given the fact that residents of Hubei province, especially residents of Wuhan, have recently faced real difficulties abroad, the Chinese government has decided to send Charter flights as soon as possible and deliver them directly to Wuhan", the statement said.

https://sputniknews.com/asia/2020013...eign-ministry/

[Danny B]

"China has found new ways to respond to coronavirus that has shut down at least two-thirds of its economy, taken offline some of the world's largest manufacturing hubs, and quarantined more than 50 million people. "
https://www.zerohedge.com/markets/wa...arantine-drone
Here are real-time updates in English from the Chinese government.
https://www.globaltimes.cn/content/1177737.shtml
"It's possible," said renowned respiratory expert Zhong Nanshan when asked if the nCoV2019 could be transmitted via vomit or feces. "We should attach great importance to the matter, as the virus has been discovered in feces."
WHO reports that 650 million people in India practice open defecation.
DIY mask, https://www.youtube.com/watch?v=BuEBexkm2V0&feature=youtu.be

At least 21 provinces, municipalities and regions in China have told businesses not to resume work before Feb. 10 at the earliest.
Last year, those parts of China accounted for more than 80% of national GDP, and 90% of exports, according to CNBC calculations of data accessed through Wind Information.
https://www.cnbc.com/2020/02/01/coro...nt-of-gdp.html
2/02 Sen. Cotton shreds China’s official virus story, hints at ‘super laboratory’ – WJ

2/02 U.S. confirms its eighth case of coronavirus; Pentagon begins quarantine – Reuters
2/02 Uber suspends 240 accounts in Mexico to prevent coronavirus spreading – Reuters
2/02 NYC tests first person for coronavirus; Massachusetts confirms case – CNBC
2/02 China shuts down city of Wenzhou, far from virus epicentre – Straits Times
2/02 Panic buying in Hong Kong amid ‘alarming’ spread of coronavirus – Sky
2/02 The global supply & demand shock of the coronavirus – Global Macro Monitor
As if corona virus wasn't enough.
2/02 ‘Highly pathogenic strain’ of h5n1 bird flu reported in China – Business Insider
2/02 Bird flu outbreak: 4,500 of 7,850 chickens died of contagion – Mish

Beijing fears economic hardship could be pushed into an intractable downward spiral by the world essentially quarantining the entire Chinese nation. Meanwhile, Beijing has taken unprecedented Draconian measures to quarantine 60 million of its citizens. Photographs are circulating of roads surrounding Wuhan and neighboring cities blocked by large boulders and impassible mounds of dirt."
The number of confirmed coronavirus infections jumped 34% on Tuesday, 27% Wednesday, 26% Thursday and 22% on Friday."
http://creditbubblebulletin.blogspot...-pandemic.html

Here's the graph.
https://www.theautomaticearth.com/wp...eline72dpi.png
https://www.theautomaticearth.com/20...and-the-virus/
"Until December, it had never been seen in humans."
"Both SARS and MERS are also coronaviruses."
"In the hospital, the 33-year-old woman in Lanzhou inhaled a protein used to treat viral infections, called interferon. Lakhani guessed that doctors probably also administered "supportive treatment," such as fluids, steroids, or a medication to open the woman's airways. But she continued to get worse.

That's significant, Lakhani said, since the same thing occurred in SARS patients."
https://www.businessinsider.com/doct...patient-2020-1

I've mentioned that a currency note in your pocket is a powerful instrument.
2/01 German banks are hoarding so many euros they need more vaults – Bloomberg

[Danny B]

Back to economics.
Here is a guy has been VERY accurate in his sweeping predictions.
"Today’s internet CANNOT survive. The next new
paradigm could impact over $16.8 trillion in the world economy."
Keep in mind that he is pushing his book so, you must cut him a little slack.
"Because I need to warn you about a significant and global “REBOOT” of the internet. This “reboot”, this transformation of the entire Internet architecture and security, could be extremely close at hand"
"That’s why I've revealed the real details behind this reboot in my book, Life After Google.
In fact, this transformation I’m about to show you may prove to be the biggest revolutionary transformation yet."
Long article but, keep in mind that he has been very accurate for decades.
https://pro.gilderpress.info/p/GGR_g...9akkb40&h=true

On the political front;
https://www.mintpressnews.com/media-...curity/264361/

https://www.wakingtimes.com/2020/01/...59797-54347961
China is crashing and, they supply 80% of our medicines.
https://www.foxnews.com/us/america-d...hina-medicines

[Danny B]

Here is that graph again.
https://www.theautomaticearth.com/wp...eline72dpi.png
Here are the headlines;
Reportedly, this guy is the perp;
https://rense.com//general96/japans-...serted-hiv.php
Social Media Networks Vow To Censor 'Misinformation' About Coronavirus
Yep, the panic is really starting to set in.
US Funded Radio Free Asia - Chinese nCoV 'Corpses Are Being Taken Directly To Crematorium'
Cold, Heartless Chinese Govts Order People To Kill ALL PETS Due to nCoV Despite Absolutely NO EVIDENCE it Transmits to Pets
No, they're not desperate,,,, really, they're not.

11 out of 99 Wuhan patients in control group died of coronavirus
Fear Of The Coronavirus Is Spreading Like Wildfire All Over The Globe
State of emergency declared in two districts in Russia’s Far East
China warns countries against spreading havoc as more borders shut and flights canceled worldwide
Manufacturing interruptions;
https://www.zerohedge.com/geopolitic...ck-coronavirus

[Danny B]

This is a re-post of the article about the guy who supposedly inserted HIV into the coronavirus.
https://rense.com//general96/japans-...serted-hiv.php
Here is an article from Armstrong claiming that it probably isn't true.
https://www.armstrongeconomics.com/i...hiv-the-truth/

2/03 Chinese markets plummet on return from holiday amid virus outbreak – CNBC
2/03 Coronavirus will trigger an epic stock market crash, warns ‘godfather’ analyst – CCN
2/03 Coronavirus makes the market – impossible to predict! – Advancing Time MOST certainly true.

Zero Hedge;
Thai Doctors "Cure" Coronavirus Patient Using Powerful AIDS Drugs
"So, the coronavirus responds to a combination of meds used to treat the flu and AIDS? If we were going to create a super frankenvirus, that's where we'd probably start."
Oil Crashes Into Bear Market As Chinese Oil Demand Said To Plummet 20% Due To Coronavirus "Demand Shock"
China Censors Top Local Media Outlet Over Claims Beijing Is Underreporting Cases, Deaths

https://www.zerohedge.com/geopolitic...onavirus-cover
Is Tech About To Suffer A "Dot Com" Bubble Collapse? It's Suddenly All In China's Hands
India Announces $40 Billion Emergency Fiscal Injection As Economy Plunges
2/02 China to inject $174 billion of liquidity on Monday as markets reopen – Reuters
Phase 3 of the party
https://www.zerohedge.com/health/vir...re-now-phase-3
China Bloodbath: Stocks Crash; Oil, Iron Limit Down Despite Emergency PBOC Intervention, Short Sell Ban, Rate Cuts

Wuhan Begins Human Trials Of New Gilead Coronavirus Vaccine
This is great. They now have an excuse to vaccinate everyone in the world.

[Danny B]

Every so often, I post a link to Benjamin Fulford. It is worth reading the entire page to get a different outlook.
https://benjaminfulford.net/

[Danny B]

Already baked into the cake.

2/03 Saudis pushing for short-term OPEC production cut: WSJ – MarketWatch
That was yesterday
2/04 Oil bear market deepens as OPEC talks emergency action – CNBC
So, what does this do to forward oil contracts?

2/04 Brace for impact: global pandemic already baked in – Zero Hedge
2/04 Coronavirus can spread in poop and on doorknobs – Mish So, don't poop on doorknobs.
2/04 NIH’s Dr. Anthony fauci: 25% of China coronavirus cases ‘very serious’ – CNBC
2/04 Alphabet shares slide despite earnings beat – CNBC
The pumping is losing effectiveness.

2/04 U.S. Treasury expects to borrow $367 billion in first quarter – Reuters
A $ trillion here,,, a $ trillion there. Pretty soon, you're talking about REAL money.
2/04 In latest sign of imminent collapse, investors dump everything ‘China’ – ZH
2/04 4 plagues are marching across Asia simultaneously – ECB

"Still, the 2% fatality exhibited so far is comparable to the Spanish flu pandemic of 1919–20, which ultimately killed an estimated 50 million victims."
2%
"It’s very difficult to project growth rates. But if the virus stays on its current growth trajectory, more than 100 million people could be infected by the end of this month alone."
"The epicenter of the virus, Wuhan, is the capital of China’s Hubei province, a critical manufacturing center that represents 4% of Chinese GDP."
"Many other major Chinese cities have been shut down, with no citizens allowed to leave and transportation systems closed."
MARVELLOUS, they will kill the people by starvation to stop the disease.
"Stimulus measures in the form of monetary ease are being tried. The People’s Bank of China (PBOC) says it will buy 1.2 trillion yuan ($173 billion) in short-term bonds to add liquidity to the financial system."
Millions locked down under quarantine and, China is going to pump money into the bond market to fix the financial problems.
"And the stimulus is unlikely to work because of China’s sky-high debt levels. China’s debt-to-GDP ratio, for example, is about 310%, which is astonishing.

Research by economists Ken Rogoff and Carmen Reinhart persuasively demonstrates that once debt surpasses 90% of GDP, it is impossible to grow our way out of the debt."
https://dailyreckoning.com/chinas-co...-only-begun-2/