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Tuesday, January 19, 2021

“Don’t Believe The Happy Talk” – Jim Rickards Warns “This Time ‘Is’ Different”

Authored by James Rickards via The Daily Reckoning, Stocks stumbled the last two days, at least partially on fears about a resurgence in coronavirus cases. South Korea, which did an excellent job containing the virus, has reported a new batch of cases. Japan and Singapore also reported new cases. Infections are increasing in Germany as…

Why Americans Don’t Have Any Savings

Authored by Frank Hollenbeck via The Mises Institute, In response to a likely worldwide recession, governments have turned on full blast the fiscal and monetary spigots. A $2 trillion spending plan has just been approved in the USA, central banks are on a buying spree, and the $1200 stimulus payment is just helicopter money. Since the…
“don’t-disrupt-the-supply-chain”: the-9-states-still-resisting-stay-at-home-orders 

“Don’t Disrupt The Supply Chain”: The 9 States Still Resisting Stay-At-Home Orders 

Dr. Anthony Fauci has been talking up a federal-imposed nationwide 'stay at home' order, though many might challenge the very legality or possibility that Washington would even have the power to impose it on states. Thus far Trump has resisted such a move, preferring to leave these questions to the governors. Fauci told CNN’s Anderson Cooper at the…

“Don’t Nag Your Husband, Wear Makeup” During Lockdown, Malaysian Government Tells Women

The World Health Organization (WHO) expects COVID-19 cases and deaths in Malaysia to peak in mid-April as there are some signs of curve flattening. There are 3,116 confirmed cases and 50 deaths in the Southeast Asian country, by far, the most in the region. The country has imposed a travel ban, along with an extension…
“sailors-don’t-need-to-die”:-captain-of-nuclear-carrier-with-over-100 covid-19-cases-pleads-for-help

“Sailors Don’t Need To Die”: Captain Of Nuclear Carrier With Over 100 COVID-19 Cases Pleads...

In an astounding plea for help, the captain of the nuclear aircraft carrier USS Theodore Roosevelt has urged top command of the US Navy to take drastic action after more than 100 sailors aboard the ship have been infected with the coronavirus. More than a week ago it started with a handful of COVID-19 cases,…

Don’t Be Too Sure…

Authored by Charles Hugh Smith via OfTwoMinds blog, Don't be too sure that the coronavirus will blow over and have no effect on global growth. If there is anything that characterizes this moment in history, it's complacency: everyone's so sure that current trend lines will continue, onward and upward, and risk has been tamed for the…

“I Don’t See Her In Beijing Or Delhi” – Niall Ferguson Slams Davos’ “Virtue...

Climate activist Greta Thunberg addressed the world's elite face-to-face at the World Economic Forum in Davos yesterday, admonishing the grown-ups in the room for their lack of panic: "We don't want these things done in 2050, 2030, or even 2021," Thunberg said. "We want this done now." The 17-year-old demanded participants "from all the companies,…

“The Elites Don’t Give A F*ck”: Bannon Explains Why Boris Won, Blacks Dig Trump,...

Former White House strategist Steve Bannon sat down with The Guardian, offering his take on everything from Boris Johnson's win the the recent UK election, to why minority support for Trump is on the rise, and finally - why the GOP needs its own version of AOC. Bannon says that Boris Johnson's sweeping UK victory…

We Don’t Need Sunday “Blue Laws”

Authored by Ryan McMaken via The Mises Institute, It has now become commonplace for politicians and media pundits to casually assert that "everyone" - to use Alexandria Ocasio-Cortez's term - is now working more and more hours - and perhaps two or three jobs - just to attain the most basic, near-subsistence standard of living.…

“Don’t Panic”: CRE Crisis Hits The UK As Largest Property Fund Suddenly Halts Redemptions

Earlier this week, ECB vice president Luis De Guindos, speaking in an interview with El Mundo, offered a surprisingly candid take on how the ECB is distorting capital market, saying that while "we can still increase bond purchases or lower interest rates further, which means that we still have the same tools available" he added…

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