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03/06/2020
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By JD Heyes
Billionaire investor Ray Dalio warns of “worst-case scenario” with Coronavirus that could wipe out savings and destroy markets
Billionaire investor, hedge fund manager and founder of one of Bridgewater Associates said in an online post this week that the Wuhan coronavirus (COVID-19) has the potential to become a once-in-a-lifetime pandemic. Worse, he noted, though admitting he’s no virus expert, he believes that if the outbreak becomes a global pandemic and ordinary people with […]
03/06/2020
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By Ralph Flores
World Bank commits $12 billion in aid for countries hit by coronavirus, but experts are bracing for a global recession
The World Bank on Tuesday has committed $12 billion in aid to help countries with the health and economic impacts of the global coronavirus (COVID-19) outbreak. The emergency aid package will include low-cost loans, grants and technical assistance, and is designed to provide a fast and reliable response for developing countries, especially those that are […]
03/03/2020
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By JD Heyes
World Bank “pandemic bonds” may explain why the WHO has yet to declare the coronavirus a “pandemic” … even as it spreads to over 60 countries
Even as the first American dies of the Wuhan coronavirus and the first U.S. state declares an emergency to prepare for what a much wider outbreak, the U.S. government has yet to declare a “pandemic,” but there could be significant financial reasons for that. As reported by MintPress News, there’s “a little-known specialized bond” that was […]
02/29/2020
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By Ralph Flores
COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years
The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]
02/21/2020
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By Tracey Watson
Coronavirus poses more than just a global health threat; it could also result in global economic collapse
Whoever came up with the idea of the global village clearly never thought about how a disaster in one part of the village would affect all the other residents. The 2008 global financial crisis is a prime example of why interconnecting the entire planet’s financial health is a seriously bad idea. Depreciation in the subprime […]
02/10/2020
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By News Editors
Coronavirus ignored to protect stock market rally
It appears an effort to mask the danger of the coronavirus from the American people may be in play. This could be an attempt to protect Trump’s all-important stock market rally. It has become very apparent that the President values the stock markets’ constant move to newer highs as a reflection that he has done […]
02/09/2020
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By JD Heyes
China FLOODING the markets with liquidity to counter any loss of faith stemming from the coronavirus pandemic and a looming supply chain catastrophe
By week’s end, there were still more signs that China is having great difficulty controlling the spread of the coronavirus — so much so that the country’s Communist leaders have begun taking drastic measures to keep their economy, and that of most of the world, from collapsing. First, Chinese leaders extended the country’s Lunar New […]
02/02/2020
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By JD Heyes
China plans on injecting $174 billion into markets to calm coronavirus jitters, suggesting outbreak is much worse than reported
The Chinese government’s history of being dishonest and secretive regarding its internal affairs is legendary, but the Communists who run the show sometimes do things that give away their concerns. By now, most people know that a new strain of coronavirus, which began in Wuhan, a city of 11 million in central China, is sweeping […]
01/29/2020
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By Mike Adams
TECH TAKEDOWN: World’s Technology Supply Chain Facing “Broken Chain” Crisis as Wuhan Quarantine Threatens Critical Component Manufacturers in China
The world’s supply chain of critical electronics components is facing a catastrophic disruption as China enforces a draconian crackdown in the Wuhan region to contain the accelerating coronavirus outbreak. Yahoo News Taiwan is now reporting the details, revealing a long list of key component manufacturers that reside in the Wuhan area where the coronavirus outbreak […]
01/28/2020
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By JD Heyes
Stock market takes hit as fears rise over global Coronavirus pandemic, rising infection rate in China
Stocks fell on Wall Street Monday as fears of a global Coronavirus pandemic affected market forecasts as traders appeared cautious and concerned. As reported by Breitbart News, “the Dow Jones Industrial Average was down 440 points, or 1.52 percent. The S&P 500 dropped 1.32 percent. The Nasdaq Composite fell 1.75 percent. The Russell 2000 index […]
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