Last Friday, around the time of the quad-witching collapse which sent the S&P to levels not seen since Trump’s inauguration, amid the flurry of headlines bombarding shell-shocked traders, was one that was particularly ominous if bizarrely incomplete. Shortly after the close, Bloomberg blasted the following headline:
- CFTC PROVIDING RELIEF TO LARGE U.S. BANK ACTIVE IN OIL, GAS
by John Rubino, Dollar Collapse:
Two things about the coronavirus relief checks the government will soon start sending out: First, it looks like they’ll take a while to arrive:
About 90% of households — approximately 165 million — will benefit from direct payments, according to the Tax Policy Center.
Due to the Coronavirus Hoax, Consider the Consequences of Martial Law and Asset Takeover Going On in America
by Gary D. Barnett, Lew Rockwell:
Among all the panic and misinformation being spewed by politicians at all levels and the complicit mainstream media, what is going on under the radar that will greatly harm Americans much more than this virus ever could? First, all the legislation, executive orders, and mass control measures happening now will never go away, and will cause undue tragedy for years to come. Secondly, the biggest wealth transfer in history is going on right before our eyes, and of course is mostly ignored due to this government manufactured false pandemic. The economic fallout that has already caused mass devastation will only worsen the longer these quarantine measures are in place, and will cause havoc for an unknown amount of time.
by Brian Maher, Daily Reckoning:
That is the total number of unemployment claims Americans filed last week — nearly five times the prior record of 695,000, from October 1982.
“We’ve known this number was coming for a week and a half,” laments Tom Gimbel, who captains a Chicago employment agency, adding:
It doesn’t surprise me at all. When you see a city like Las Vegas get shut down, I don’t know what other options there were than seeing a number like this.
A fellow must take his comforts where he can find them these days. And precious few are on offer.