by Percy Carlton, The Saker:
The whole world has gone mad with what I call Covid-19 Derangement Syndrome (CDS). I define it as an acute onset of paranoia in otherwise normal people in response to the Covid-19 Corona Virus pandemic. The infection is particularly prevalent among the media and the government officials of the world. Human beings fear what they do not understand and that fear causes them to behave in irrational and destructive ways. The current Covid-19 pandemic is a perfect example of that. I don’t need to describe the paranoia and economic destruction to you because you can see it with your own two eyes everywhere you look. Both the media and the world’s governments are fueling the panic – the media with their hysterical 24/7 coverage and the governments with their draconian police state actions.
The expert behind the Covid-19 shutdown was wrong on CJD and foot-and-mouth, and is probably wrong again now. But he’s not alone
It may beggar belief that the UK government took the advice of a professor who’s messed up before. But let’s not forget that it’s our leaders who chose to implement the measures causing long-term harm to our economy and society.
In the UK government’s daily press conference on Covid-19 on Sunday, the deputy chief medical officer, Jenny Harries, explained the government’s approach to the unprecedented measures put in place to tackle the pandemic. Her manner was calm, but her message depressing: “Three weeks for review, two or three months to see if we’ve really squashed it, three to six months ideally, there’s lots of uncertainty in that, to see at what point we can get back to normal, it is plausible it could go further than that.”
“Not All Airlines Will Go Bankrupt”: How Will Coronavirus Travel-Bans Impact Airbus, Suppliers, and Airlines?
by Wolf Richter, Wolf Street:
All eyes are on China to see how air transport will change in the aftermath of the crisis.
Airbus CEO Guillaume Fleury and CFO Dominik Adam issued a joint statement on March 23, regarding the European aerospace giant’s plan to power through the Covid-19 crisis. These new provisions include a new €15 billion credit facility, cancelling the proposed €1.80 per share dividend, and “cutting operational costs where possible.”
by Martin Armstrong, Armstrong Economics:
The former Prime Minister Gordon Brown has urged world leaders to create a temporary form of global government to tackle the twin medical and economic crises caused by the Coronavirus. He is no fool. He knows once there is the formation of anything pretended to be “temporary” it exists forever. Why are these people so intent upon trashing our freedoms and converting the world into an authoritarian paradise for them?
New York Hospitals Are Treating Coronavirus Patients With High Dosages Of VITAMIN C After Promising Results From China
from Humans Are Free:
Dr Andrew Weber, a Long Island based pulmonologist and critical-care specialist with Northwell Health, shared that he has been immediately giving his intensive-care patients 1,500 milligrams of intravenous vitamin C [that’s very little compared to China].
by Simon Black, Sovereign Man:
One day back in the late 1990s when I was a wide-eyed 20-year-old cadet at West Point, we were told that a distinguished visitor was coming to speak, and to be seated in the auditorium by 1pm sharp.
This was pretty routine; one of the great things about attending West Point was the seemingly endless line of world leaders, athletes, scientists, and even celebrities who would address the Corps of Cadets.
During my time at the academy we heard from people like Colin Powell, Oliver Stone, Bill Clinton, and countless more.
by John W. Whitehead, Rutherford Institute:
“That was when they suspended the Constitution. They said it would be temporary. There wasn’t even any rioting in the streets. People stayed home at night, watching television, looking for some direction. There wasn’t even an enemy you could put your finger on.”― Margaret Atwood, The Handmaid’s Tale
You can always count on the government to take advantage of a crisis, legitimate or manufactured.
This coronavirus pandemic is no exception.
by Fabrizio Ferrari, Mises:
When Mario Draghi’s tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi’s successor turned out to be Christine Lagarde—a patent dove, as can be inferred from her ideological proximity to a famous Keynesian like Olivier Blanchard.
However, I am here to defend the stance she took with her March 12 speech—in which, addressing the economic turmoil spurred by the coronavirus crisis, she declared that it was not a central banker’s job to prevent the occurrence of spreads on financial markets—which has been fiercely attacked both by Italian media and politicians, and even by Italian president Sergio Mattarella. There are three reasons why I deem, for once, Lagarde’s viewpoint to be right. These reasons are based in monetary policy theory, in the institutional framework of European Union, and in the current situation of the Italian economy.
by Joel B Pollak, Breitbart:
Speaker of the House Nancy Pelosi’s new stimulus bill would mandate nationwide “ballot harvesting,” allowing party operatives to return other people’s ballots to polling places without “any limit” on the number of ballots.
“Ballot harvesting” was legalized in California in 2016, and first used in the 2018 midterm elections. It allows anyone to drop off someone else’s mail-in ballot at a polling station. There is no process for vetting or verifying those delivering the ballots — no background checks or identification requirements. Democrats dropped hundreds of thousands of ballots off at polling stations in 2018, helping Democrats as they flipped seven Republican seats.
by J.G. Martinez D., The Organic Prepper:
After the 2008 recession, I always thought that, given the incredibly complex state of the modern economy, only a very powerful event on a global scale would affect enough to make us bug out seriously. I always use to read a lot and didn’t have to spend much time before finding a payload of information and well-put-together articles about the possibility of man-made/natural disasters in the near future. Being a victim already of a disaster, once the tide arrived at something seemingly normal, I discovered that the next possible threat was a pandemic.
by Matthew Ehret, The Duran:
On March 23, Wall Street on Parade reported that the Federal Reserve became a new legislative body with unprecedented powers to decide which companies and banks live or die in the midst of the covid-19 hysteria which is propelling the western nations into the greatest crash in history.
Federal Reserve purchases of toxic securities from the balance sheets of banks has also become limitless as the former cap of $500 billion/year has been nearly reached in only one week of bailouts ($272 billion in treasuries and $63 billion in mortgage-backed securities since March 15).