March 22, 2020
Treasury Secretary Steven Mnuchin appears on Fox News to discuss the financial legislation (likely vote tomorrow) to support workers and businesses immediately impacted by President Trump’s proactive shut-down of the U.S. economy.
Monthly Archives: March 2020
The woman pictured below is an Evil Witch!
Nancy (The Witch) Pelosi will by blocking The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“ single handily collapse the US Stock market and put the US into a Deep Depression. The only solution to the “evil” this bitch is doing is to remove the 15 Day stay at Home program either right now or at the end of the 15 Day. America needs to get back to work or there will be hell to pay.
Grin and Bear It
Can You Spare A Square?
Who knew bathroom tissue would be so coveted today? Will people judge each other by how many “rolls” they have?
In these crazy times we have to stop and laugh a little. We know the Charmin bears are laughing at us poor humans packing their squeezable soft products to the garage rafters!
So, take a deep breathe and hug your roll of Charmin, we will get though this and have plenty of TP for the next three years!
Also think of the bright side of this situation.
Families are spending more time with each other.
We are learning to slow down and appreciate the little things in life.
California FINALLY closed its borders!
You are encouraged to work from home.
Your mother in law can’t come to dinner on Sunday..
Remember Patriots take care of patriots when they are hurting.
Stay safe.
Stay Strong.
Tina
Doctors Writing In Talking they are Being Directed from Above
Armstrong Economics Blog/Disease
Re-Posted Mar 21, 2020 by Martin Armstrong
There is a coordinated effort from the very top of the medical profession to direct doctors to shut down which seems to be a very questionable overreaction. We have many clients who are doctors who are free thinkers and are questioning what is going on. One has written in:
Marty,
Please understand that most doctors do not view this pandemic from a stance of arrogance. It is rather that most doctors today are simply ignorant of real scientific medicine. They are followers, doing as they are told from their administrators, and elected leaders of the various medical societies, who are just as ignorant of the potential threat.
Many doctors today do not know how to evaluate tests, or stratify risk. They simply look at the result and accept it. They accept whatever is written in the journals, without thinking critically about the matter.
Now, there does seem to be something unusual going on at the apex of the medical decision-making pyramid, but I don’t know where it originates.
Thanks for all you do,
L
Is the Virus Being Used to Usher-In a Police State in Different Parts of the World?
Armstrong Economics Blog/Disease
Re-Posted Mar 21, 2020 by Martin Armstrong
QUESTION: Dear Mr Armstrong
NOW in Italy
– use of drones by municipalities to CONTROL citizen and their movements
– you are allowed to exit from home only for go to supermarkets, chemistry, or walk with yr dog. Police could stop you n check and if you are out of yr home for a walk, they bring you in prison, you will have a quick judgment and to pay 300 euro, you will have a penal note and you will no more have the possibility to try to work in government or politic, you are permanently …signaled (as Scarlett letter!!)
– you can stay at max 200meters from home
– quarantine will be extended from 3rd April (present expected time to finish quarantine) till end of April
-schools closed until easter
WE ARE UNDER DICTATORSHIP!
ECONOMY DESTROYED, SOCIAL TISSUE DESTROYED, FREEDOM CANCELLED!! All in 2 weeks’ time!
Please… WHAT COULD WE DO, NOW?!!
ANSWER: I really do not know. There is a major movement toward authoritarianism. Perhaps because they know the system is collapsing and they are using this as the excuse. I had an exchange with a doctor who said they need the quarantine and I am spreading dangerous information. I asked him to look at his pension funds. Are any left? He went silent. There is something wrong here. You do not destroy the world economy on this magnitude to even save 25,000 lives. Even if 40% of the population got this, with a death rate which is less than 3% (8% among the elderly), it does not warrant this economic destruction. They are wiping out small businesses, countless people have lost their jobs, others their entire pension fund, and there is no putting this back together again as nothing happened. This is a intentional economic destruction that is being carried out for an undisclosed purpose.
There is another agenda going on and they have even all the conspiracy people yelling this virus is understated and it will be exponential when that has not been the evidence in China or even Italy. Very curious what is the end objective here. How many small business will be wiped out. Countless jobs are being destroyed. I am looking at who is calling us in and who is not. Those who are not do not need help and are not in a state of panic for a reason.
The Fourth Sunday of Lent
March 22, 2020
Gospel Jn 9:1-41
As Jesus passed by he saw a man blind from birth.
His disciples asked him,
“Rabbi, who sinned, this man or his parents,
that he was born blind?”
Jesus answered,
“Neither he nor his parents sinned;
it is so that the works of God might be made visible through him.
We have to do the works of the one who sent me while it is day.
Night is coming when no one can work.
While I am in the world, I am the light of the world.”
When he had said this, he spat on the ground
and made clay with the saliva,
and smeared the clay on his eyes,
and said to him,
“Go wash in the Pool of Siloam” —which means Sent—.
So he went and washed, and came back able to see.
His neighbors and those who had seen him earlier as a beggar said,
“Isn’t this the one who used to sit and beg?”
Some said, “It is, “
but others said, “No, he just looks like him.”
He said, “I am.”
So they said to him, “How were your eyes opened?”
He replied,
“The man called Jesus made clay and anointed my eyes
and told me, ‘Go to Siloam and wash.’
So I went there and washed and was able to see.”
And they said to him, “Where is he?”
He said, “I don’t know.”
They brought the one who was once blind to the Pharisees.
Now Jesus had made clay and opened his eyes on a sabbath.
So then the Pharisees also asked him how he was able to see.
He said to them,
“He put clay on my eyes, and I washed, and now I can see.”
So some of the Pharisees said,
“This man is not from God,
because he does not keep the sabbath.”
But others said,
“How can a sinful man do such signs?”
And there was a division among them.
So they said to the blind man again,
“What do you have to say about him,
since he opened your eyes?”
He said, “He is a prophet.”
Now the Jews did not believe
that he had been blind and gained his sight
until they summoned the parents of the one who had gained his sight.
They asked them,
“Is this your son, who you say was born blind?
How does he now see?”
His parents answered and said,
“We know that this is our son and that he was born blind.
We do not know how he sees now,
nor do we know who opened his eyes.
Ask him, he is of age;
he can speak for himself.”
His parents said this because they were afraid
of the Jews, for the Jews had already agreed
that if anyone acknowledged him as the Christ,
he would be expelled from the synagogue.
For this reason his parents said,
“He is of age; question him.”
So a second time they called the man who had been blind
and said to him, “Give God the praise!
We know that this man is a sinner.”
He replied,
“If he is a sinner, I do not know.
One thing I do know is that I was blind and now I see.”
So they said to him,
“What did he do to you?
How did he open your eyes?”
He answered them,
“I told you already and you did not listen.
Why do you want to hear it again?
Do you want to become his disciples, too?”
They ridiculed him and said,
“You are that man’s disciple;
we are disciples of Moses!
We know that God spoke to Moses,
but we do not know where this one is from.”
The man answered and said to them,
“This is what is so amazing,
that you do not know where he is from, yet he opened my eyes.
We know that God does not listen to sinners,
but if one is devout and does his will, he listens to him.
It is unheard of that anyone ever opened the eyes of a person born blind.
If this man were not from God,
he would not be able to do anything.”
They answered and said to him,
“You were born totally in sin,
and are you trying to teach us?”
Then they threw him out.
When Jesus heard that they had thrown him out,
he found him and said, “Do you believe in the Son of Man?”
He answered and said,
“Who is he, sir, that I may believe in him?”
Jesus said to him,
“You have seen him,
the one speaking with you is he.”
He said,
“I do believe, Lord,” and he worshiped him.
Then Jesus said,
“I came into this world for judgment,
so that those who do not see might see,
and those who do see might become blind.”
Some of the Pharisees who were with him heard this
and said to him, “Surely we are not also blind, are we?”
Jesus said to them,
“If you were blind, you would have no sin;
but now you are saying, ‘We see,’ so your sin remains.
Is the Arrogance Over Quarantine Leading to Social Unrest?
Armstrong Economics Blog/Disease
Re-Posted Mar 21, 2020 by Martin Armstrong
QUESTION: Mr. Armstrong, in previous months you made mention that Socrates was pointing to June/July as a time of civil unrest in the states, do you think these recent events are what will be the ultimate trigger here? the initial speculation that the conventions would be taking place around the time of the unrest made sense at the time but I’m beginning to fear we are going to be in a police state slowly being stripped of more and more until the masses say enough is enough, 3 months time seems about right to me. thanks for all that you provide.
JF
ANSWER: Riots are beginning in different places and are being reported by clients, not the press. The youth is protesting against the virus restrictions that the medical industry only looks at from their perspective without considering the social or economic consequences. Sure, if we all distance ourselves, stay home, and shut down the world economy, we can beat the common cold. But how will people eat? Who grows the food? Who distributes it? I find it very arrogant for claimed medical professionals and organizations to argue for the world to be quarantined. What happens when they get their statement on their pension fund and see how much they have lost because of this position?
The riots that are being reported are accompanied by the view that “this is an old people’s disease”not impacting the youth. The Spring Breakers are not staying home, even in the USA. It is hard to say what impact this has on civil unrest. In Florida, they have closed the beaches as of 12 tonight. Civil unrest is rising because of discontent to start with. There are factions already forming, suggesting they write in Bernie’s name in the November election. They are starting “never Biden” (#NeverBiden) movements. We may see the split in the Democratic Party because of the discontent that began BEFORE the virus scare. The computer forecasts the trend, not the fundamentals.
Even Italy, which has an aging population, has confirmed that 99% of those who have died from the virus had other illnesses. Unbiased medical professionals make it clear that the actual cause of death is not the virus alone – it is complications
Germany Stopping Gold Sales & Cash Dollar Conversions? Beware 23rd?
Armstrong Ecomonics Blog/Germany
Re-Posted Mar 20, 2020 by Martin Armstrong
COMMENT: Dear Marty,
just wow! You are the only beacon in a rough sea. Thank you for all you do!
Pro Aurum is the largest dealer of physical gold and silver outside the banking system in Germany. They are closing their online shop for three days from March 23rd to 25th 2020. They stated that they will re-open again after that but with a limited product choice, and who really knows? The reason they are giving is interesting:
„We were told today by our logistician service provider, Prosegur (who delivers our physical metals worth 25.000 Euros or more) that until further notice they will not deliver to private persons and private persons can not pick up their orders.“
One wonders what is going on here?!
Please find Pro Aurum‘s notice here:
Keep up the good work! It is highly appreciated!
Kind regards,
M (Germany)
REPLY: This is what is fueling the rumors that Europe will cancel its currency and try to force everything into the banking system. The same is happening to cash dollars
Ronin Capital Cannot Meet CME Clearing
Armstrong Economics Blog/Economics
Re-Posted Mar 20, 2020 by Martin Armstrong
The arrogance of the medical profession who justify this insanity will result in poetic justice – they have probably lost their entire pension funds by now. The CME Chicago futures exchange is in crisis mode invoking emergency protocols to auction off the portfolios of Ronin Capital, which is based in Chicago. It has been confirmed that Ronin had clients who could not meet their margin calls. We are approaching the reminiscent days of the Panic of 1907 when JP Morgan fought to prevent the closure of the New York Stock Exchange for the failure to meet margin calls. It was his actions that were studied and used for the design of the Federal Reserve in 1913.
The CME Group has raised margins 2 times this week in the mini SP500 futures….. Last week’s margin was 7700. Then on Tues or Wed it was raised to 9900. Then last night it was raised again to 13200 per contract. Ronin’s clients cannot keep meeting margin calls that keep being raised.
The damage these people have cause to the world economy, not just the financial markets, will run into the trillions. They have destroyed capital formation and their own zest for power will leave them staring at a black hole in their own pensions unless, of course, they moved to cash before they started yelling.
Categories:
Ask to be Fired if You are Told to Stay Home
Armstrong Economics Blog/Economics
Re-Posted Mar 20, 2020 by Martin Armstrong
Since governments are overreacting, small business owners can help employees in many states by firing them so they can collect unemployment. Perhaps we need businesses to respond to this insanity that will force all local governments to see the costs of their stupidity.
Yes, it is absolutely true if we all stay home, watch TV, we may not even get the flu no less this coronavirus. This may even be the cure for the common cold. That is NOT the question here. The real bewildering question is who came up with this master plan for they are killing the patient (world economy) to stop a flu-like infection that will never reach anything close to an epidemic.
A joke is coming in that this is a plot between Bernie, Greta, and the vegetarians. Bernie gets everyone so they do not have to work or pay taxes, Greta keeps everyone inside so they do not see that this has been the highest snowfall this year since the ’60s, and the vegetarians are running ads that say meat markets spread disease. The socialists yell, “Shut up and don’t ruin a good thing! For once we don’t have to work and can just watch TV.”
Centinel2012 