"With a dollar collapse, the populace will have little choice but to either bow down to the new digital system or go rogue and start building their own systems using their own production, barter, local scrip, and gold and silver. This is the world we are heading into, make no mistake. Be ready for it."
"On April 3rd, it was announced that more than 6 million Americans had filed new claims for unemployment benefits the previous week..."
"There are even calls for the central banks to extend their programmes into the $1.6 trillion junk debt market..."
"As many commentators have pointed out, China's leadership is drawn from the ranks of technocrats, not lawyers. It's likely technocrats can grasp the consequences of data presented to them and make rational extrapolations from that data."
"Policy deliverability is a critical component of Government efforts to enhance the resilience of their economies to this crisis."
"“We are not going to be wearing masks forever, but it could be for a short period of time after we get back into gear. I could see something like that happening for a period of time,” President Trump said during Monday’s White House briefing."
"COVID-19 has cratered the global economy exposing the internal rot within our hyper-financialized global economy as nothing more than a pyramid of Ponzi schemes…"
"They exist to support through bureaucracy and taxation the desperate promises of governments acting like absentee parents buying their children presents instead of being proper role models and leaders."
"A woman in the United States says she was billed $34,927.43 after being tested and treated for the coronavirus..."
"So what to do?"
"... Four toilet rolls for six disabled adults ..."
"Understand that this is not a short-term crisis that will correct itself. This is a long-term disaster."
"The Coronavirus Pandemic has seen global supply inventories and supply chains dry up, with few industrial or manufacturing sectors left unaffected."
"... when you owe the bank a thousand dollars it’s your problem. When you owe the bank a few billion, it’s the bank’s problem."
"There’s a concerted effort to shift the focus of economics away from financial data towards social."
"At the Port of Los Angeles, 145 drivers have been laid off and others have been sent home without pay..."
"At some point in the future, someone is going to pull all the data together. They will closely examine the hospital logs, analyse the transmission number and the infection rate, and do a cost-benefit analysis of the efforts to contain the virus. They may well conclude governments overreacted..."
"German Chancellor Angela Merkel has warned that up to 70% of the country’s population – some 58 million people – could contract the coronavirus."
"...under the new logic of “globalization” ... celebrated as the consumer-driven, “white collar society” which would no longer worry about “intangible things” like “the future”, infrastructure maintenance, or “growth”."
"Rappelle son opposition de principe à toute perspective qui aboutirait à réserver un sort spécifique à la question de la pêche, sous la forme d’un « Brexit » sectoriel, dont les premières victimes ne manqueraient pas d’être les pêcheurs de l’Union..."
"Predictably, U.S. stocks plunged on Thursday as the bad news came rolling in. By the end of the trading session, the Dow Jones Industrial Average was down 969 points…"
"For example, now that several coronavirus deaths have been reported in the area, the lack of tourists has turned downtown Seattle into “a ghost town”…"
"An event that has a 1% chance of occurring but would cause a massive loss of wealth should not be ignored."