The Zombie Economy By Chris Knight

     Health ranger, Mike Adams, over at Natural, is pro-freedom libertarian type, with Christian conservative values, I think. Thus, he opposes the Universal Basic Income, and I suppose the social credit dividend as well, although I found nothing at his site on our form of social credit; of course, he is dead against the Chinese version, bad social credit. However, he does have a point, that Trump paying oil drillers not to drill is crazy, when what should be done, is oil drillers getting the latest protective equipment against the virus. This mentality is leading to zombie economics, even sending free money to the dead, and heaps of errors too:

“What’s being rolled out in all this, of course, is a “zombie economy.” It is characterized by the astonishing fact that federal bailout checks are being sent to dead people. If we don’t stop the rise of the zombie economy with its endless bailouts and government control over markets, incomes and debt, here’s where all this leads: In a zombie economy, everybody is paid to do nothing. All the prices of assets and goods are set by the government to create the appearance of “wealth” when no one is producing anything of value. Homeless millionaires. People living on the street will think they “own” millions of dollars in stocks and pension funds. It’s all illusion, of course, designed to continue the coordinated bankster looting of America which will transfer all the wealth of the working class into the pockets of the politically connected elite. Right now in America, we have “quantity limits” on everyday goods. Soon, they will evolve into price controls. Once that kicks in, there will be horrendous shortages of basic goods such as groceries, gasoline, automobiles and household goods. To create the illusion of affordability, the government will dictate price controls that result in immediate shortages and large-scale black market trading of essential items like toilet paper and garden seeds. One day soon, garden seeds will be “contraband” if sold at non-government prices (i.e. free market prices), and “seed smugglers” will be arrested and imprisoned for trafficking in lettuce seeds or “unauthorized” fertilizer. Grocery stores will become prison camps, with strict item limits, long waiting lines and mandatory biometric identification to make sure people don’t buy “too much” stuff at the government-controlled prices. Essentially, America will become Venezuela.

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Approaching Infinite Corona Unemployment! By James Reed

     This is sombre news for Australians as the projected unemployment from the coronavirus pandemic could lead to one quarter of the workforce being unemployed. And, once small businesses lose the critical momentum to keep going, they simply may not be able to restart. I walked through the city to find a place where I could use a computer, no easy task in itself, but it was all a ghost town, shops closed everywhere. It reminded me of the deserted streets scene form post-apocalyptic movies such ads On the Beach (1959):

“We knew it would be bad. But we’d hoped it wouldn’t be quite this bad. Over the past few weeks, we at Grattan Institute have been working on ways to estimate the impact of the COVID-19 shutdown on jobs in Australia. It’s a complex task, with few obvious precedents. The results, detailed in our new working paper, “Shutdown: estimating the COVID-19 employment shock”, are worrying. Our estimate is that between a sixth and a quarter of Australia’s workforce is likely to be out of work because of the COVID-19 shutdown and social distancing. It derives from two sources of information. The first is data from the United States on the extent to which each occupation requires workers to be near other people. The “physical proximity” requirements of a job are generally likely to be a good guide to how likely it is the job can continue during the shutdown. The second source of information is a set of estimates by Grattan researchers of the extent to which jobs are under threat in each of 88 industries in Australia. Our preferred method for estimating the hit to jobs combines both these sources. We also use two alternative methods, each of which is relying on a single source of data, which are outlined in our working paper. Our preferred method finds that about 26% of workers – 3.4 million Australians – could be thrown out of work as a direct result of the shutdown and social distancing. The alternative methods produce figures that are lower, but still distressingly high.”

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The Joy of a Large Family By Mrs Vera West

     With all the terrifying news, how about something old school and wholesome for a change? Not that there is much of this, but the little I find I report, and I would rather be doing this in a better world than my present “day job,” but it is, what it is:

“A mother who's had 10 children in 10 years with her pastor husband, is keen to increase her brood to 12 - just like the couple in the 2003 Steve Martin comedy, Cheaper by The Dozen. Courtney Rogers, 36, who was a virgin bride when she married Chris Rogers, 32, in October 2008, has not been without a baby bump for more than nine months since tying the knot. The couple who live in Santa Fe County, New Mexico, have just one 'date night' away from their children each year. They have six boys and four girls aged between nine months and ten years, all of whom are home-schooled and ferried around their neighborhood in a 15 seater van. The family lives on a 12 acre plot, spending around $1,200 (£975) each month on food. In January the family went on an economy drive in order to save money; they stopped eating out and making fun purchases, because it was costing them well over $1,000 (£812) a month. The children are happy to wear hand-me-down clothes and shoes, and the family shops in the sales to cut costs. Once a year they enjoy a family holiday for a week, camping near relatives in Georgia, 1,500 miles away - which costs them $1,000 (£812) for travel and expenses.”

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Untimely Meditations: Something to Think About By John Steele

     I found this little gem at survival

It got me thinking, something I rarely do, but it happens. If everyone is locked down, where exactly does herd immunity come into play, because won’t people need to get the corona disease, have their immune system fight it, then when a large number of people do this, the bug dies off. If everybody is locked down and thus insulated, what is to prevent further outbreaks occurring, maybe forever? I do not know. “I previously touched on how herd immunity works--after enough people develop antibodies, the rate of infection slows and for certain strains may go almost dormant. Viruses of this type are constantly evolving. There may already be 8 variants of this strain. So, to get herd immunity, PEOPLE HAVE TO GET THE DISEASE. You can't develop immunity by not being exposed. See: First Contact with the New World. (and see my preceding blog post.)  We'll be back to that in a moment. Since we know the elderly and immune compromised and especially both, and with underlying health issues are at risk, those people should be staying inside. EVERYONE ELSE needs to get outside and get exposed, most with zero symptoms, recover, and be immune, so as to minimize transference later. YOU CANNOT STOP THIS TYPE OF VIRUS. The shrieking Karens screaming "GOVERNOR, SHUT THIS STATE DOWN!" are complete idiots.  Back to the New World:  63 days across the ocean is long enough for an entire crew to have a viral infection (cold or flu) and get over it, and have antibodies and not get sick again. …If you all come out now, a bunch of you are going to get sick.  If you hold off until May 1, even more of you are going to get sick, and we'll be in the worst economic depression the world has ever known due to a complete lack of engaging in economy. If you all hide until September, you're STILL going to get sick, and at the worst time of year for it--October-December, just like the flu and other colds. More people will die on top of everyone who's starving to death because we will have literally no economy left. (And I realize idiots don't believe this is true, even though in just two weeks we've gone from 3% unemployment to 10%. It'll be 20% by next week, and likely hit 40% by the end of April, if we don't stop the stupidity right now.)”

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The Rotten Universities are Crying; Let ‘em By James reed

     Remember all of those articles which I did advocating that the universities be closed down? Well, at present that is close to the state of affairs I would like. Sure, they may be on-line, chatting in their own irrelevant space, but less harm is being done. And, how they are crying about their lost money from the international student/immigration racket, right across the world:

“Some universities are already expecting to lose more than £100m as foreign students cancel their studies, with warnings that the impact of coronavirus will be “like a tsunami hitting the sector”. Several organisations are now planning for a 80-100% reduction in their foreign student numbers this year, with prestigious names said to be among those most affected. The sector is already making a plea to the government for a cash injection amounting to billions of pounds to help it through the crisis, as it is hit by a drop in international student numbers, accommodation deals and conference income. Universities are already lining up online courses for the start of the next year, but academics are concerned about the impact on first-year students new to university life. Many institutions have recently borrowed heavily to pay for attractive new faculties, often designed to attract overseas students. It comes against a backdrop of declining numbers of university-age students in the UK and the previous uncertainty around Brexit. Andrew Connors, head of higher education at Lloyds Banking Group, said the crisis has felt “less like a perfect storm and more like a tsunami hitting the sector”. Banks have not had urgent requests from universities, as big financial hits are expected later in the year. However, he said that “while the immediate impact we are seeing in the sector is slower, the overall impact of Covid-19 is potentially deeper and longer”.

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Google and Apple Partner: Be Afraid, Be Very Afraid! By Peter Ewer

     The Covid-19 pandemic has allowed all sorts of tag teams:

“Across the world, governments and health authorities are working together to find solutions to the COVID-19 pandemic, to protect people and get society back up and running. Software developers are contributing by crafting technical tools to help combat the virus and save lives. In this spirit of collaboration, Google and Apple are announcing a joint effort to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the virus, with user privacy and security central to the design. Since COVID-19 can be transmitted through close proximity to affected individuals, public health officials have identified contact tracing as a valuable tool to help contain its spread. A number of leading public health authorities, universities, and NGOs around the world have been doing important work to develop opt-in contact tracing technology. To further this cause, Apple and Google will be launching a comprehensive solution that includes application programming interfaces (APIs) and operating system-level technology to assist in enabling contact tracing. Given the urgent need, the plan is to implement this solution in two steps while maintaining strong protections around user privacy. First, in May, both companies will release APIs that enable interoperability between Android and iOS devices using apps from public health authorities. These official apps will be available for users to download via their respective app stores. Second, in the coming months, Apple and Google will work to enable a broader Bluetooth-based contact tracing platform by building this functionality into the underlying platforms. This is a more robust solution than an API and would allow more individuals to participate, if they choose to opt in, as well as enable interaction with a broader ecosystem of apps and government health authorities. Privacy, transparency, and consent are of utmost importance in this effort, and we look forward to building this functionality in consultation with interested stakeholders. We will openly publish information about our work for others to analyse. All of us at Apple and Google believe there has never been a more important moment to work together to solve one of the world’s most pressing problems. Through close cooperation and collaboration with developers, governments and public health providers, we hope to harness the power of technology to help countries around the world slow the spread of COVID-19 and accelerate the return of everyday life.

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Chinese to Buy Virgin By Bruce Bennett, or: 布鲁斯·贝内特 Bùlǔsī·bèi nèi tè!

     That is my new Chinese name, as I am transitioning, not in terms of gender, long gone, but ethno-nationally, as I become Chinese, to get into the coronavirus spirit of Western implosion and Chinese triumphism, not Trumpism. Being a pathetic loser all of my life, I want to get on the side of the winning team! At first, I thought that the headline showed that Australia was so bad off that it was now selling its virgins, but that could not be, as one would be hard pressed to find any, over the age of about 10 years! No, it’s the airplane, and the Australian government won’t bail it out, so the Chinese go after it, and who can blame them? Money for jam, or is it rice and milk, with jam? It is just the natural selection that goes with business, and Australia is always on the back burner here. I just hope the owners get rid of that name, which causes me all sorts of mental trauma (why?), and substitute a more modest Chinese name, as I am sure they can do. Let me help them:

Chúndù (Purity)

I like the sound of Purity Airlines. My next choice is Corona Airlines:

Diàn yūn hángkōng

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Re-build Muscle not Flab By Viv Forbes

     In order to kill Corona-wasps in the ceiling, politicians have knocked our economic house down. Now they dream of rebuilding the house by driving at full speed into the borrow-and-spend swamp. National Cabinet will soon find that Australia-after-Corona can’t afford a bloated public service, an overmanned and overpaid academia, throngs of able-bodied people on long-term welfare, too many tax-exempt foundations, endless donations to worthless UN fiefdoms and talk-fests, and a huge import bill to pay for all the things we once made here. Nor can we afford all the resources being wasted on dysfunctional submarines designed in Canberra, power systems mandated by the UN, Snowy 2 Green elephants, climate alarmism, emissions targets and green energy molly-coddling. We must re-build economic muscle not flab. Start with a couple of clean, modern reliable coal-fired power stations. This cheap reliable electricity may restart some defunct processing and manufacturing industries. Then build our submarines as they were designed – nuclear powered. Already there are no surpluses to spend on subsidising every struggling consumer and failing business. And a tidal wave of borrow-and-spend will just destroy the currency. As in post-war Germany, recovery can only come if governments slash taxes, repeal useless red and green tape, remove all barriers to new dams, railways, roads, power stations, mines and exploration, and encourage science and engineering education. They must doze the road blocks and then keep out of the way.

     Since the days of the First Fleet, Australia has relied on our great primary industries – farming, mining, forestry and fishing. The pioneers started exporting wool, hides, tallow and timber; then came the gold rushes and great finds of silver, copper, lead-zinc and tin; our meat, cereals, sugar, butter and eggs fed allied soldiers through two world wars; and a bonanza of coal, oil, gas, iron and aluminium financed the baby boomers and the extravagant politicians of that era. When mining had a recession, farmers came to the rescue and vice versa. They also helped finance a continent of roads, railways, power stations, and dams and provided productive jobs for a growing population and a flood of migrants. If they were not so hampered by taxes, regulations and employment barriers, our farmers, foresters, fishers, engineers, explorers, miners, metallurgists, tradesmen and workers can pull us out of this hole too. They could even rebuild some of the great secondary industries lost because of our uncompetitive electricity and overheads.

Be a Uni Student, Criticise China and Face the Consequences By James Reed

     Yes, it is happening right here in Australia, and let’s quote from one of the big US mainstream publications, rather than smaller internet ones, that rip into the uni involved. And, this is to show that the story has gone right around the world, and the eyes of the international community are … watching:

“An Australian university with close links to China is taking disciplinary action, including possible expulsion, against a student known for his criticism of Beijing, in a case that has triggered a free-speech debate and renewed scrutiny of colleges' reliance on Chinese students. The University of Queensland, which refers to itself as “partners in the global economy” with China, last week sent 20-year-old philosophy student Drew Pavlou a 186-page dossier detailing 11 allegations against him, including that he failed to pay for a pen at a campus art shop and damaged the university’s reputation by condemning police attacks on student protesters in Hong Kong in November. The disciplinary action alleges he ridiculed, satirized and mocked the university’s relationship with China, including posing in a hazmat suit outside the college’s Confucius Institute — one of many such facilities on Australian campuses whose operations and influence are being scrutinized as part of a government review. Pavlou, who has criticized China’s repression of its Uighur and Tibetan minorities and supported Hong Kong’s pro-democracy protesters, was told that his fate would be determined at a two-hour meeting with university officials on April 27, according to a person familiar with the document. “I’m really concerned,” Pavlou said in an interview. “I think it’s really just an attempt to get back at me for my political views and activism, which has made things difficult for the university with their relationship with the Chinese government.” Even in a country without explicit free-speech protections, the university’s disciplinary action against one of its most prominent students is considered highly unusual. In July, Pavlou was involved in a scuffle, and said he was punched by pro-Beijing students, during a rally in support of Hong Kong’s democracy movement at the university’s Brisbane campus.”

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Mindless Globalism By James Reed

      What a sucker, deracinated cucked philosophy neo-liberalist globalism is, and the coronavirus pandemic has certainly shown that. Thus, mad globalist, and false nationalist, Trump, knew that there was a problem, when China began locking itself down, but he still did not close the border, being a mad globalist pro-immigration fanatic, just like the Democrats, - witness his kowtowing speech to India. It would have been possible to avoid the economic pain that is coming if cuck Trump could have had some nationalistic manhood and did what the Chinese did. Instead, he still kept open borders with China, until it was too late, consequently economically dooming the US economy, and the rest of the West, including Australia:

“Around half a million Chinese people, some of them infected with coronavirus, entered America from December to February at the height of the COVID-19 outbreak, new figures show. The numbers, which were obtained from Commerce Department and U.S. Customs and Border Protection records, were compiled by ABC News. They show that in the three-month period when coronavirus was raging across China, 759,493 people entered the U.S. from China. This number included 228,000 Americans who were returning home, meaning that roughly half a million were Chinese citizens or people living in China who were visiting the U.S. for tourism, business or to see family. This number of people were pouring into the U.S. while the World Health Organization was simultaneously insisting that no country should enforce any kind of border controls to stop the spread of the virus. President Donald Trump restricted travel from China from February 2nd onwards, but that was too little too late because the outbreak (which was subsequently covered up by China for two months) had started in Wuhan in November, according to Johns Hopkins University. According to Dr. Vinayak Kumar, an internal medicine resident at the Mayo Clinic, out of the total figure arriving in the U.S. from China, “a large number might have been infected at the time of travel.” The numbers illustrate “how globalized our world has become,” he added. However, infectious disease specialist Dr. Simone Wildes suggested that the virus outbreak was the price of globalization and that Americans would just have to get used to it. “It shows that globalization is here, and we have to be better prepared to deal with the impact this will have on all our lives in so many ways,” he said. The data also shows that “From December, January and February on travelers entering the U.S. from eight of the hardest-hit countries: 343,402 arrived from Italy, 418,848 from Spain and about 1.9 million more came from Britain.”

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The Virtual End of Globalisation! Ha! Ha! Told You So, New Class Elites! By James Reed

     Greg Sheridan, who by his photo appears to have eternal youth, has lost faith in globalisation, previously losing faith in multiculturalism.  Well, the disease critique of globalism was made by various writers over the past 20 years or more (Garrett Hardin etc., The Social Contract guys etc.), so the arguments have been out there for a long time, and until now, ignored by the chattering class. Anyway, welcome aboard Greg, to the good ship, nationalism. I hope you don’t mind my smell, I don’t wash too much being dirt poor from globalisation, but we are now all in the life boats together, so let’s cuddle up against the coming winter chill of converging catastrophes, detailed by the late Guillaume Faye (1949-2019) in his book, Convergence of Catastrophes:

“The thesis of this book is a terrifying one: our present global civilisation will collapse within twenty years, and it is too late to stop it. We shall regress to a 'New Middle Ages' akin to the fall of the Roman Empire, only much more destructive. For the first time in the whole of human history, certain 'dramatic lines', giant crises and catastrophes of immense proportions - already tangible - have emerged. They are converging and will most likely reach their zenith by 2020. Up to that time, as we have already been witnessing, their effects will continue to get worse, until a breaking point is reached. Guillaume Faye rigorously examines these escalating crises one by one: environmental damage and climate change; the breakdown of a speculative and debt-ridden globalist economy; the return of global epidemics; the depletion of fossil fuels and of agricultural and fishing resources; the rise of mass immigration, terrorism and nuclear proliferation; the worsening of the rupture between Islam and the West; and the dramatic explosion of a population of the elderly in the wealthy countries - all of it leading to an unprecedented worldwide economic recession, an increase in localised and possibly large-scale armed conflicts...and perhaps worse. Still, Faye reminds us, we should not give in to pessimism: what we are experiencing is not an apocalypse, but a metamorphosis of humanity. We might have reached the end of what the Hindu traditions refer to as the Kali Yuga, the 'age of iron' marked by materialism and selfishness, but those who survive the catastrophe and chaos will perhaps build a new and better humanity.”

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Suing China? Try it and See How Fast it Will Fail By Ian Wilson LL. B

     I always find it amusing when lawyers think that super-entities such a China can be reigned in by legal action. But, that is what an eager team of US lawyers think, God bless them, because they will need all the help they can get from transcendental powers:

“March 13, the Berman Law Group, a firm based in Boca Raton, Florida, filed a class-action lawsuit in federal court against the People’s Republic of China, along with several government ministries and other authorities, for its mishandling of the Covid-19 crisis. As the complaint alleges, the defendants, “acting from their own economic self-interest … failed to report the outbreak as quickly as they could have; underreported cases; and failed to contain the outbreak despite knowing the seriousness of the situation.” The original complaint named just four individual plaintiffs and a local company, an athletic training facility — none of whom had contracted the illness. But the filing made national headlines, and prompted a flood of calls — nearly 10,000 at last count — by additional plaintiffs, many of whom, like the Vecchiarellos, have been impacted more directly by the virus. An amended complaint, lead attorney Matthew Moore promises, will cover much larger classes and subclasses of plaintiffs.

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Here Comes a “Mandatory, Lucrative Vaccine” Medical Martial Law By Chris Knight

     Look, this is material from a mainstream publication, The Washington Times, not alternative media. Read this and be afraid, very afraid, then get ready, for the men in black are coming for us all, in the world of medical martial law. And, the title of this article is paraphrased directly from the title, so, go figure.

“Anthony Fauci, America’s most-listened-to medical professional on the coronavirus, and apparently on all the political, economic, cultural and social precautions every man, woman and child in the nation should take on the coronavirus, has just warned what cooler-head coronavirus watchers have suspected all along: that this country may never, no never, go back to normal. Never, that is, Fauci suggested, until a vaccine is developed. And by logical extension, that’s to say — never, until a vaccine is developed that must then be included on the required list of shots for all children to attend school. What great news for Big Pharma. What great news for Bill Gates who just announced his foundation is going to spend billions of dollars to help build factories for seven possible coronavirus vaccine makers. “Spend” is probably the wrong word here. Invest is more like it. After all, Gates, first and foremost, is a businessman. A billionaire businessman who made his billions in Microsoft and who just left his billion-dollar Microsoft enterprise to pursue other matters — specifically, to “serve humanity,” is how the Economic Times put it, in a March headline. For a taste of how he’s already served humanity, one need only look to the disastrous Common Core one-size-fits-all, top-down education plan that his foundation bankrolled. From education to vaccinations — the service to humanity never ends. But this is what Fauci just warned, at a White House briefing with reporters: “When we get back to normal, we will go back to the point where we can function as a society. But … [i]f you want to get back to pre-coronavirus, that might not ever happen in the sense that the threat is there. But I believe that with the therapies that will be coming online, and the fact that I feel confident that over a period of time we will get a good vaccine, that we will never have to get back to where we are right now.” He also said this: “If back to normal means acting like there never was a coronavirus problem, I don’t think that’s going to happen until we do have a situation where you can completely protect the population.”

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Here Comes the Real Crash By John Steele

     This non-white guy is one of my favourite YouTubers, laying it straight about the coming economic crash. The present band aid Keynesian injection of money and socialist handouts will hold back the wolves of economic breakdown for only a little while, but despite of the best efforts, people will end up breaking lockdown, so it will go on until June, when the Great Depression 2.0 will be here. All explained better than I can is Canadian prepper:

     Just ask Bill Gates why he has so many survival shelters:

From NaturalNews: Massive fraud alert: Coronavirus “recovery” bill gives Fed control over $450 billion in SECRET — who’s going to get this money?

(Natural News) In their rush to “do something” to help Americans harmed economically by the coronavirus pandemic, which led most state governors and mayors to issue ‘stay-at-home’ orders and to shutter businesses deemed “non-essential,” Congress has once again passed a gigantic spending bill that is long on spending money we don’t have but short on oversight. As reported by POLITICO, one little-noticed provision in the recently passed $2.2 trillion CARES Act provides the Federal Reserve with a nice pile of money — $450 billion to be specific — that it can do with what it pleases, basically, as long as it is called ‘relief.’ Not only that, but the Fed will be able to ‘manage’ these funds with far less oversight, meaning that it is essentially a secret slush fund that Fed board governors can do with as they please.

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Russia and Saudis Will Cut Oil if the US Will, But the US Can't, So No One Will, and US Shale Will be Crushed

     Today there is a meeting by video of the OPEC states and Russia. Tomorrow the energy ministers of all G-20 states will likewise meet. Their discussions will be about the sinking global oil price caused by a lack of demand due to the novel coronavirus pandemic and record oil output from Saudi Arabia and Russia. 'Western' media have been optimistic that an agreement will be found: The Organization of the Petroleum Exporting Countries and other producers including Russia, a group known as OPEC+, are expected to discuss record cuts equivalent to 10% to 15% of global supplies, although demand has plunged by up to 30%. It is unlikely that OPEC will agree on any cut unless the U.S. and other large producers join the deal. The U.S. is, for now, unlikely to do that.

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US Banks Reportedly Set to Seize Oil and Gas Assets Fearing Energy Firms Bankruptcy

     The energy sector has been suffering from a massive drop in oil prices caused by excessive supply amid the coronavirus pandemic and the curtailment of economic activity around the world. Some US oil producers have already been forced to file for bankruptcy due to skyrocketing debts. Several US banks, including JPMorgan Chase & Co, Wells Fargo & Co and Bank of America Corp, are currently in the process of setting up independent structures to become operators of oil and gas fields across the United States, Reuters reported citing three anonymous sources familiar with the matter. The move, which is believed to be unprecedented since the late 1980s, is aimed at avoiding loses on energy assets as many of the banks’ lenders are concerned about bankruptcy as demand for oil has dropped sharply. The banks have not yet commented on the reported plans, and they would also be required to obtain regulatory waivers from the US government to follow through on the proposals. It is believed that independent companies, that can be set up by banks in the course of several months, will help them to retain energy assets from bankrupt companies in a time frame of a year and then sell them at a higher price when the oil sector bounces back. The banks have also been reportedly looking for top managers from the field, including former executives, to head up the soon-to-be established structures, the outlet reported. On 1 April, Colorado-based Whiting Petroleum Corp became the first producer to file for bankruptcy, while some other corporations, including Denbury Resources Inc, have been reportedly communicating with debt advisers. More than $200 billion in loans are estimated to be owed by US energy producers to their lenders. Oil and gas companies have been suffering from plunging energy prices and decreasing global demand amid the ongoing coronavirus pandemic which has resulted in reduced economic activity globally.

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‘F-You, Main Street!’ Federal Reserve will now buy junk bonds while it bails out banks and billionaires

     …During the Fleecing of America Part I: The Great Financial Crisis, we were promised this would never happen again. Everything was "fixed.” Yeah, it was fixed all right. It was rigged by a system that is based on fraud, accountable to no-one and is systemically rotten to the core. In 2009, the Federal Reserve's rhetoric was: these bailouts are extraordinary “temporary emergency measures,” and we will “fix” regulations, increase interest rates and shrink our $5 trillion balance sheet. Did it ever happen? Nope, it was all lies. To hide their ineptitude, the central banks are now using Covid-19 to cover their decades of reckless policies that caused crisis after crisis, with the amounts staggeringly more massive each time. All the “too big to fail” companies need to be dismantled, and the Fed needs to be audited and shuttered. Executives at firms that receive bailouts need to have their bonuses, stock, stock options and a big chunk of their pay clawed back. As for oligarchs like Fink, he needs to be dethroned and his casino cut down to size, rather than be given multi-trillions in assets to manage for the Fed. These bailouts are plunder on a massive scale, enabled by Washington DC’s political class. This is not capitalism or democracy; it is a modified oligarchy.

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Japan Says Goodbye to Chinese Globalism By James Reed

     Globalism has always, at least in the late part of the 20th century been about Asianisation, mainly dominance by China. We have seen this in Australia, with first the propaganda machine getting going once multiculturalism had broken the back of Anglo-Australia, then with the Asianisation part of Asia ideology, then open endorsement of being a colony of China, prelude to total replacement. But, Japan is not going to way of cucked pseudo nations, and proudly is returning to nationalism:

“Japan has earmarked US$2.2 billion of its record economic stimulus packageto help its manufacturers shift production out of China, as the coronavirus disrupts supply chains between the major trading partners. The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen (US$2 billion) for companies shifting production back to Japan and 23.5 billion yen for those seeking to move production to other countries, according to details of the plan posted online. The move coincides with what should have been a celebration of friendlier ties between the two countries. Chinese President Xi Jinping was supposed to be on a state visit to Japan early this month. But what would have been the first visit of its sort in a decade was postponed a month ago amid the spread of the novel coronavirus and no new date has been set. China is Japan’s biggest trading partner under normal circumstances, but imports from China slumped by almost half in February as the disease closed factories, in turn starving Japanese manufacturers of necessary components. That has renewed talk of Japanese firms reducing their reliance on China as a manufacturing base. The government’s panel on future investment last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.”

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Our Poor Rats are Suffering, Too By James Reed

     No, not academics from the Arts and Humanities, the two-legged postmodern socially constructed version of rats, but the nicer, furry, equally as diseased, four-legged type, although some may be missing a leg or two given cannibalism, in this time of restaurant closure:

“America's rats are being hit hard by the coronavirus. As millions of Americans shelter indoors to combat the deadly virus, which has claimed over 21,000 U.S. lives, many businesses — including restaurants and grocery stores — have closed or limited operations, cutting off many rodents' main sources for food. On deserted streets across the country, rats are in dire survival mode, experts tell NBC News. "If you take rats that have been established in the area or somebody's property and they're doing well, the reason they're doing well is because they're eating well," Bobby Corrigan, an urban rodentologist, told NBC News. "Ever since coronavirus broke out, not a single thing has changed with them, because someone's doing their trash exactly the same in their yard as they've always done it — poorly." But many other rats are not faring as well, said Corrigan, who works as a consultant for several city health departments and businesses, such as airports and shopping malls.”

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