by Michael Snyder, End Of The American Dream:
Things are really starting to get crazy out there. All over the country, “non-essential” businesses have been forced to shut down, but because Walmart sells food and other basic supplies it gets to be one of the “essential” businesses that stays open. However, a trip to your local Walmart now will be far different from what you remember previously. When you arrive, you will find that a very narrow entry corridor has been taped off with yellow security tape, and only a very limited number of shoppers are being allowed in at any one time. And once you get inside, you will discover that there are very strict limits on what you are permitted to purchase.
Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”
Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry, the doctor-turned-hedge-fund-manager has been on a multi-day Twitter rant claiming that the lockdowns intended to contain the COVID-19 pandemic are worse than the disease itself.
Liberal states facing a COLLAPSE of state incomes thanks to coronavirus shutdowns: Will pensions collapse, too?
by JD Heyes, Natural News:
The longer the Wuhan coronavirus (COVID-19) pandemic lasts, the longer governors and mayors will keep ‘stay-at-home’ policies in place, and the longer those last, the longer ‘non-essential’ businesses will be closed and Americans will be laid off from their jobs.
And the longer states will be starved for income taxes, which is creating a new fiscal crunch for jurisdictions that were already hard-pressed.
According to Sophie Quinton of the Pew Trust:
by Aaron Klein, Breitbart:
Progressive organizations, many backed by billionaire activist George Soros, are at the front lines of a campaign advocating for a “vote by mail” system in the upcoming presidential election, citing fears that the Chinese coronavirus pandemic makes it too dangerous to vote in person.
President Donald Trump warned that voting by mail would hurt the Republican Party, lambasting Democrat proposals for more money in the coronavirus stimulus bill to fund absentee and vote-by-mail options.
by Harley Schlanger, LaRouche PAC:
The COVID-19 pandemic is proceeding on course around the globe, with both a terrible death toll in the hotspots, while early arrival in others. Standing out amid the hardship and horrors, are singular expressions of humanity, that signify not only decency, but a reflex of moral courage. It is the impetus to accomplish what otherwise seems impossible: To change the system that created the conditions for this scourge in the first place, and open up a glorious new era for mankind.
by Steve St. Angelo, SRSRocco Report:
In the past two weeks, analysts have cut their global oil demand forecasts by a staggering 225%. Never in history has the world experienced such a massive reduction in global oil consumption. The situation in the world oil industry is changing so fast; the market hasn’t fully digested the tremendous damage taking place.
Even though public announcements of “10 million barrel per day oil production cuts” positively impacted the oil price last week, there haven’t been any official agreements on curtailing production. Then there was this article on Zerohedge yesterday; After Record Rally, Oil Faces Collapse As New Feud Erupts Between Saudis And Russia; Monday OPEC+ Meeting Cancelled: