Featured Coronavirus ~ The Invisible Enemy

Discussion in 'Φ QANON & POLITICS' started by Rose, Jan 22, 2020.

  1. Rose

    Rose Φ

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    Coronavirus news caused the Dow to crash by around 1,000 points on Monday. As this cartoon is published it may be way up again if the Plunge Protection Team jumps in to support it.

    Fear of the virus forced stocks into correction mode, which was actually way overdue. The stock market has been in a bubble and mostly out of touch with economic reality. It has become a place for easy money to go, since there isn’t much return elsewhere.

    The virus also shows how much the globe has become reliant on the cheap labor and lax standards in China. The shutdowns due to the virus have wreaked havoc on production. It’s a sure sign that we depend too much on a nation that’s ruled by a backward clique of communist tyrants.

    Oil prices continue to crater along with industrial metals such as copper, due to the shutdowns and quarantines. Oil in particular was already in a bear market due to oversupply.

    Meanwhile I’m sure the Democrats would be delighted by a stock market and economic crash. The Fidel Castro-loving Bernie Sanders would love it. Comrade President of the USA? It makes me sick just thinking about it.

    —Ben Garrison
     
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  2. Rose

    Rose Φ

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  3. Rose

    Rose Φ


     
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  4. Rose

    Rose Φ

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    China In A Bull Shop

    Friday morning’s DOW futures are heavily in the red, and it does not portend well for the stock market. We’ve seen a 10-year bull market and some were saying the market could never go down, especially with the endless quantitative easing. Some said there was no other viable place for money to go, so the market would go up ad infinitum. A new paradigm of sorts. When you hear talk like that, it usually means the market has topped, but this bull just kept running up further no matter what.

    Nothing could touch the Teflon market bubble. It’s a bubble that showcases unreasonable valuations (Tesla, for example), but the bubble kept inflating no matter what. Those that shorted it quickly turned into losers and were forced to cover—thus adding more fuel to a perma-bull market on fire.

    It took China’s coronavirus to change all that. Now it’s a matter of just how much damage will be done. I’ve become accustomed to seeing the market always turn bright green after a few red days. Will Friday be the turnaround day? It remains to be seen and my crystal ball broke a long time ago, but it strikes me now that this market may not be just another buying opportunity.


    Caution is advised.

    —Ben Garrison
     
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  5. tag

    tag π

    This was an interesting insight:


    [​IMG]
     
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  6. Rose

    Rose Φ


     
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  7. Rose

    Rose Φ


     
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  8. Rose

    Rose Φ

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    A senior Iranian official, who was a close advisor to country’s Supreme Leader Ayatollah Ali Khamenei, has died of coronavirus, according to reports.

    Mohammad Mir-Mohammadi, a member of the Expediency Council, died at a Tehran hospital on Monday making him one of 66 people the virus has killed in the nation. He was among 1,501 confirmed cases reported.

    According to Fox News other Iranian government officials have been infected with the deadly virus. The Iranian Health Ministry said there were 523 new cases in the past 24 hours. It is a 53 percent increase since the day before.

    Mohammad Mirmohammadi, 71. The reports state that COVID-19 has already infected Iran’s vice president and deputy health minister.

    On Monday Iran rejected help from Secretary of State Mike Pompeo, who announced last week the U.S. was concerned Iran may have covered up details on the spread of the virus.

    For more on this story go to Fox News.


     
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  9. Rose

    Rose Φ

     
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  10. Rose

    Rose Φ


     
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  11. Rose

    Rose Φ


     
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  12. Rose

    Rose Φ

    Passenger on Diamond Princess
    Still testing positive under Quarantine
    His coronavirus symptoms were like a light flu
    His family has been receiving death threats


     
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    Last edited: Mar 5, 2020
  13. Rose

    Rose Φ

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    “Only thing we have to fear is fear itself” FDR 1933

    As I write this the Dow futures are down 1,200 points. Oil is down over 20 percent. Gold is way up—no wait, it’s going sideways and silver back down under $17. So much for safe havens. Precious metals are also considered commodities and are now treated as such. Everything is getting punished and many bubbles will get popped.

    The coronavirus is the trigger that is causing the crash. It’s a crash that should have happened in 2008. Instead the banks were bailed out and even rewarded for their criminality with taxpayer-paid bonuses. Lower rates and never-ending QEs caused the stock market to skyrocket to outrageous highs. It seemed like it would only go up and the party would never end.

    Now the party’s over. Debt is turning out the lights. There’s a huge amount of debt everywhere in the system. Everyone got way too greedy and overextended including the ChiComs. Some conspiracy theorists are saying they released the virus intentionally to do away with a few hundred surplus workers. Their economy was due to crash and they know the virus is a good distraction from that.

    In America we have a $23, soon to be $24 trillion national debt. It’s so much that most ignore it as something meaningless. A billion is a number that’s difficult enough to comprehend. A billion minutes ago, Jesus walked the Earth. Every two hours, the US Government spends $1 billion. It’s all debt money, and the interest must be paid back to the Federal Reserve’s private central bankers. Maybe this crash will open eyes and we can finally jettison the vile system of money that has plagued hard-working US citizens for over 100 years. Our corrupt banking system also allows fractional reserve lending, which means more debt. Corrupt politicians have given the ’too big to fail’ big banks permission to become casinos and now they’ve run up over a quadrillion in derivative bets.

    The average consumer is nearly maxed out on credit cards and paying the robber baron bankers an outrageous interest rate. The bankers create that ‘unsecured’ debt money out of thin air.

    It’s all a con game. It’s all fake. Still, as Ayn Rand once said, “We can ignore reality, but we cannot ignore the consequences of ignoring reality.

    We should have faced those consequences long ago. Hold on—we’re in for a rough ride that will be difficult to ignore.

    —Ben Garrison
     
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  14. Rose

    Rose Φ



     
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  15. Rose

    Rose Φ