Historic Losses Occur as Wall Street Finally Realizes the Threat That the Coronavirus Poses to the Global Economy
Everything is right on schedule and, now, the time is come to remove one of the final obstacles standing in…
Coronavirus
“Worst Thing In My Career” – US Stocks Suffer Fastest Collapse From Record Highs Since Great Depression
This didn’t age well… Donald J. Trump✔@realDonaldTrump Read moreJPMorgan’s Role in Nigerian Oil Deal Has Come Back to Haunt ItHighest…
No Financing And No Demand: Chinese Refiners Run Into Trouble
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries…
The World Has Gone Nuts High-Income Taxpayers Now Confronted At Home By IRS Agents
They perverted justice among themselves (v. 7): “You turn judgment to wormwood, that is, you make your administrations of justice…
Will COVID-19 Lead To A Gold Standard?
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes…
“Tankers, Tankers. Everywhere!” – Virus Causes Historic’ Traffic Jam’ Across Asian Supply Lines
Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down…
The Dilemma Facing China Is Truly Awful
As has been the case since Monday’s sell-off, there is an attempt to try to look on the bright side…
Coronavirus And The “Unsinkable” Titanic Analogy
Unthinkable doesn’t mean unsinkable. Read moreBlain: “Central Banks Are No Longer A Solution – They Have Become The Risk”As we…
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