If you think there’s something a bit curious about a frothy and pricey stock market existing simultaneously with a global pandemic, Depression-level unemployment, GDP and corporate earnings collapse, freeze-up in world trade, riots by anarchist mobs, devastation of small businesses, and corporate bankruptcies, you might just be thinking that we’re seeing a classic asset bubble blown by the injection of unprecedented amounts of “money” created out of thin air by central banks.
One characteristic of financial bubbles, particularly in their late stages, is a massive pile into the market by small “retail investors”, who bet their modest savings in the belief that “stocks only go up” and “this time is different”. Another sign of a bubble is the emergence of financial gurus, often with unusual backgrounds, proclaiming this “new wisdom for a new era” to their enthusiastic followers.... [Read More]
HARRISBURG, Pa. (WHTM) — State Representative Daryl Metcalfe (R-Butler) and 24 co-sponsors introduced House Resolution 915, Tuesday afternoon, calling for the impeachment of Gov. Tom Wolf.... [Read More]
Many denizens of Ratburger will be familiar with ZeroHedge — a financially-oriented website that buries occasional gems of information in a wide sea of anti-Western propaganda with possible Russian & Chinese connections. But it is worth taking the time to look at this ZeroHedge post:
I am sensing a spectacular case of tunnel vision by the opposition to the concept of America.
Let me get this straight.
Working is illegal unless you are a large company who makes donations. Who gets to work is up to politicians who despise you.
Riots and looting are justified. Some deaths are ok, some are horrible based on the narrative.
We need less police if any at all. Let Antifa be the actual police
Covid social distancing and economic damage was necessary until it was not for their goals and people
Whites need to kneel before Blacks
Rioters and Looters are arrested and immediately set free
Workers need to pay for the damage done by non workers and corrupt politicians
Schools are shut but we continue to pay for them
We paid for our military but it cannot be used to maintain order when the police fail
Funerals for nursing home victims are illegal but we have a three city media extravaganza for a media victim of choice
This manufactured mess is the fault of all white people everywhere including the unborn.
Nothing will stop until the mob says so.... [Read More]
If you have an hour and forty-five minutes to spare, here is a concentrated dose of investment wisdom from Warren Buffett, CEO of Berkshire Hathaway (BRK.A:NYSE), at their annual meeting on 2020-05-02.
The film Planet of the Humans, directed by Jeff Gibbs and backed and promoted by Michael Moore, has been released for free on YouTube. Those plugged into The Happening World by joining the SCANALYZER group learned of this hours ago, but here’s an announcement for a wider audience.
Kyle Bass is a hedge fund manager, founder of Dallas based Hayman Capital Management. He is a founder of the Committee on the Present Danger: China, and chairman of the board of the Rule of Law Foundation. In a one hour conversation with the Epoch Times, he discusses China’s culpability for the present COVID-19 pandemic, the systemic risks of Chinese involvement in the global supply chain and entanglement with the opaque, closed, and manipulated Chinese banking and finance system, the threat to freedom and the rule of law in Hong Kong, and the potential consequences of a prolonged global economic lock-down on a perilously over-leveraged banking system, sovereign debtors, and corporate finance.