Mar 042020
 March 4, 2020  Posted by at 11:44 am Finance Tagged with: , , , , , , , , , , , , , , , ,

DPC North approach, Pedro Miguel Lock, Panama Canal 1915




WHO Raises Global Mortality Rate For COVID-19 Up To 3.4% (CNBC)
Maybe Jay Powell’s Not Cut Out For This Fed Chair Thing (Shazar)
Airlines Rush To Boost Demand As Coronavirus Shreds Crisis Playbooks (R.)
Market Mayhem Exposes Fears About Oil Companies (CNN)
China’s Funding Breakdown Emphasises Economic Imbalances (SCMP)
CIA Has Been Attacking Multiple Chinese Bodies For 11 Years (PDaily)
Court: Clinton Must Testify On Email Scandal (Turley)
Napolitano: Hillary Clinton Faces A Catch-22 Over Private Email Server (Fox)
The Establishment Struggles With The “Nightmare” Of Authenticity (Turley)
Russia Says Turkey Does Not Meet Terms Of Pact In Syria’s Idlib (R.)
Russia Says Turkey Trying To Push 130,000 Refugees From Syria Into Greece (R.)
EU Pledges €700 Million To Help Greece Fight Migrant Influx From Turkey (F24)
Planet Plastic (Rolling Stone)

The virus has been reported in 81 countries and counting (+ Diamond Princess).

First cases in last 48 hours:

– Chile
– Argentina
– Liechtenstein
– Ukraine
– Gibraltar
– Morocco
– Senegal
– Tunisia
– Latvia
– Jordan
– Andorra
– Portugal
– Indonesia
– Saudi Arabia

This is from Worldometer (I include them daily, see below), yesterday afternoon. They change to a “new day” at a for me odd time, which would make the numbers unclear. Check the huge increases in cases in Iran, Italy and South Korea -which added aother 435 cases today-. Also, WA state is a cluster. 9 deaths in no time. US cases up to 128 now. Virus may indeed, as has been suggested, have been around for 6 weeks.



• Germany reports 46 new cases
• Iran: 300,000 “volunteers” and soldiers, 54,000 prisoners out on bail
• Oregon officials warn up to 500 cases may be in state already
• Italy mulls cancelling all sporting events for a month


From SCMP:



From Worldometer (Note: mortality rate at 6%):






And of course there’s Joe Biden’s huge win. CNN and the Dems act as if they own the world and he’s about to beat Trump. Last night, CNN switched to one of their people in one of the Super Tuesday states, and he started off saying: “The Republicans are getting vey nervous…”

Why on earth would they, though? I’ve always maintained the Hunter affair makes him unfit, but there’s more. He’s a desperate choice by those who’ve held the reins in the party for decades. We’ll see stuff like this repeated 1000 times:



As we already saw yesterday, the mortality rate is very diffrent from one location to another. Much higher in the US and Italy than in South Korea?! Same virus?

WHO Raises Global Mortality Rate For COVID-19 Up To 3.4% (CNBC)

World health officials said Tuesday the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%. “Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, seasonal flu generally kills far fewer than 1% of those infected, he said. The World Health Organization had said last week that the mortality rate of COVID-19 can differ, ranging from 0.7% to up to 4%, depending on the quality of the health-care system where it’s treated. Early in the outbreak, scientists had concluded the death rate was around 2.3%.

During a press briefing Monday, WHO officials said they don’t know how COVID-19 behaves, saying it’s not like influenza. They added that while much is known about the seasonal flu, such as how it’s transmitted and what treatments work to suppress the disease, that same information is still in question when it comes to the coronavirus. “This is a unique virus, with unique features. This virus is not influenza,” Tedros said Monday. “We are in uncharted territory.” Dr. Mike Ryan, executive director of WHO’s health emergencies program, said Monday that the coronavirus isn’t transmitting the same exact way as the flu and health officials have been given a “glimmer, a chink of light” that the virus could be contained.

“Here we have a disease for which we have no vaccine, no treatment, we don’t fully understand transmission, we don’t fully understand case mortality, but what we have been genuinely heartened by is that unlike influenza, where countries have fought back, where they’ve put in place strong measures, we’ve remarkably seen that the virus is suppressed,” Ryan said.


Read more …

Unless you think his job is to transfer money to Fed member bannks.

Maybe Jay Powell’s Not Cut Out For This Fed Chair Thing (Shazar)

For 10 days, while the markets were cratering as if they themselves had contracted a very serious case of coronavirus, Fed officials made all of their Fed-y reassuring mouth sounds: We’re keeping an eye on things, we’ll do something if it’s warranted, but it’s not yet, so just calm down. And then the markets did, soaring yesterday and continuing that rise today. At least until, after watching everyone else—including the White House, which although it wants to make clear thinks this whole China-virus or whatever things is totally overblown and invented like climate change to hurt the Dear Leader, did think that Jay Powell & co. were doing their typically horrible job containing a thing that Larry Kudlow said was already contained and oh yea doesn’t exist anyway—overreact for a week and a half, the Fed decided it would like to go a little nuts itself.

“The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the spreading coronavirus epidemic with its first between-meeting move since the financial crisis…. Fed Chairman Jerome Powell at a press conference following the rate cut said the central bank “judged that the risks to the U.S. outlook have changed materially” and that the Fed “can and will do our part, however, to keep the U.S. economy strong as we meet this challenge.” Well, if Powell’s goal was to get the panic-selling on Wall Street to resume, he did his usual heckuva job.

“Stocks initially shot higher, propelling the Dow Jones Industrial Average up more than 300 points. But within 15 minutes, stocks’ initial gains gave way to jerky up-and-down trading action—with the blue-chip average and Treasury yields falling to session lows after Fed Chair Jerome Powell acknowledged the limits of the central bank’s actions in a press conference…. The Dow fell 510 points, or 1.9%, to 26194, while the S&P 500 and Nasdaq Composite were down 1.7% and 1.6%, respectively. The yield on the 10-year U.S. Treasury note, a benchmark for everything from mortgage rates to student loans, slipped to 1.036%.”

Read more …

Much of that industry is set to go under.

Airlines Rush To Boost Demand As Coronavirus Shreds Crisis Playbooks (R.)

The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict hit travel destinations: lower fares and redirect flights to trouble-free areas. For now, some airlines have resorted to suspending change fees for new ticket reservations in the hope of winning over hesitant travelers until it becomes clearer where coronavirus outbreaks are localized and which routes could benefit from price drops. While lower fares have proven effective in the past in reviving demand, aviation consultant Samuel Engel said, “The pocketbook only works so far against emotion.” The coronavirus, which emerged in the central Chinese city of Wuhan late last year, has spread around the world, with more new cases now appearing outside China than inside.

JetBlue Airways Corp, which does not fly to Asia, was the first airline to launch free rebooking options last week, as it became clear that cases were not isolated to China. JetBlue pulled together and announced its plan in a matter of hours, President Joanna Geraghty told Reuters. “We tried to put ourselves in the shoes of our customers and think about what we would want if we were, for example, booking a spring-break trip right now,” Geraghty said. U.S. majors have since followed suit with varying waivers on change fees for new reservations to many destinations, a switch from a previous policy that covered only pre-booked flights to areas hardest-hit by the coronavirus.

[..] with none of the offers so far guaranteeing money-back refunds, travelers say the policies are not enough. “I understand that there are a lot of question marks right now for the industry on how this will unfold, but I don’t feel like there’s a truly customer-friendly policy out here,” said Amanda Elman-Kolb of Chicago, who has put on hold plans for a family trip to Europe in August. Declining demand to fly abroad is not limited to U.S. travelers. International travel to the United States will fall 6% over the next three months amid coronavirus concerns, the largest decline since the 2007-2008 financial crisis, the U.S. Travel Association forecast on Tuesday.

Read more …

And then came cratering demand due to the virus… Putin’s said he’s fine with $40 oil. Few others are.

Market Mayhem Exposes Fears About Oil Companies (CNN)

Oil prices have plunged into yet another bear market in response to demand destruction caused by flight cancellations, factory shutdowns and slowdowns in passenger traffic. Natural gas is sitting near a four-year low. The commodities crash will intensify the financial stress facing oil and gas companies that have piled on debt to capitalize on the shale boom. Energy stocks, already the biggest losers of last decade, are getting crushed. ExxonMobil and Chevron, two giants built to withstand weak oil, have plunged more than 20% apiece this year. “It’s making an already bad situation worse,” said Spencer Cutter, credit analyst at Bloomberg Intelligence. The pain is more acute among independent exploration and production companies, some of which are highly leveraged.

Marathon Oil, Devon Energy and Noble Energy have all seen a third of their market values vanish this year. The turmoil has formed deep cracks in the junk bond market. Alarmingly, the gap between high-yield energy debt and ultra-safe government bonds has blown out to levels unseen since 2016, when oil prices crashed to $26 a barrel. The junk ratings for these energy companies aren’t new — only concerns about their financial health are. Cutter found that about one-third of the junk bonds in the Bloomberg/Barclays high-yield energy index are trading at distressed levels (roughly 10 percentage points above benchmark Treasuries, compared with just one percentage point for companies with strong credit ratings). That includes the bonds of companies including Chesapeake Energy, Whiting Petroleum, California Resources and Range Resources.

At those levels, highly leveraged oil and gas producers have effectively been locked out of the junk bond market. To raise cash, they will have to slash costs, sell assets, accept harsh borrowing terms from a hedge fund or seek a financial lifeline through a merger. Some debt-riddled oil companies won’t survive at all. “You could see a wave of bankruptcies,” said Cutter, the Bloomberg Intelligence analyst. The bill is coming due on a mountain of debt in the coming years. North American exploration and production companies have roughly $86 billion of debt maturing by 2024, according Moody’s Investors Services. More than half of those maturities, 62%, are in junk bonds.

Read more …

“After decades of pursuing balanced development nationwide, China now aims to concentrate resources on the best-performing provincial and municipal economies rather than pumping money into poor areas to help them catch up..”

China’s Funding Breakdown Emphasises Economic Imbalances (SCMP)

Cash from China’s financial system flowed mainly to the affluent Pearl River and Yangtze River Deltas in 2019, while funding for hard hit rust-belt provinces dried up, according to new figures published by its central bank. The figures offered fresh evidence of an increasing unequal financial landscape in the world’s second biggest economy. Rich areas continue to absorb more funds and talent to become richer, while poor areas lag behind. This imbalance presents a significant challenge for Beijing, as it attempts to navigate the wider issues that come with slowing economic growth.

Guangdong, the economic powerhouse adjoining Hong Kong, topped the list of provincial funding compiled by the People’s Bank of China, receiving 2.92 trillion yuan (US$417 billion) in the form of bank loans, bond issuance, and trust investments. This was 11.4 per cent of the national total. Guangdong accounts for 8.1 per cent of China’s population and 10.9 per cent of economic output. In second place was Jiangsu, China’s second largest provincial economy, which received 2.41 trillion yuan, followed by Zhejiang, another economic heavyweight, on 2.22 trillion. China’s capital of Beijing was the only northern region to feature high up in the rankings, absorbing 1.46 trillion yuan in financial flows. Hubei, meanwhile, the epicentre of the coronavirus, was in 10th position, with funding of 873.4 billion yuan (US$125 billion) last year.

Funding from China’s banking system, the bond market and even the shadow banking network is often key to regional economic growth. China’s southwesterly Yunnan province, for example, registered a nationwide high 8.1 per cent in gross domestic product growth. Over the same period, its fundraising rose by 43.5 per cent year-on-year to 492.6 billion yuan. [..] The disparity is also a product of a shift in policy by the Politburo, the 25-member decision-making body headed by President Xi Jinping, taken last summer. After decades of pursuing balanced development nationwide, China now aims to concentrate resources on the best-performing provincial and municipal economies rather than pumping money into poor areas to help them catch up.

Read more …

Is this a veiled attack on WikiLeaks?

CIA Has Been Attacking Multiple Chinese Bodies For 11 Years (PDaily)

A hacking group affiliated with the US Central Intelligence Agency (CIA) has been attacking multiple Chinese bodies for 11 years, a new report found. According to the report by Chinese tech giant 360 Security Technology released on Tuesday, the attack by the group, coded by 360 Security as APT-C-39, has conducted a series of attacks against China’s aviation industry, scientific research institutions, petroleum industry, large-scale internet companies, and government bodies for more than a decade. The report analyzed “Vault7,” a trove of documents on cyber weapons disclosed by WikiLeaks in 2017. The report said that the group started launching advanced persistent threat (APT) attacks against China as early as September 2008 and they mainly targeted provincial regions like Beijing, Guangdong, and Zhejiang.

The Chinese tech giant was able to make the link thanks to Joshua Adam Schulte, a former CIA employee who played a core role in developing many of the CIA’s hacking tools and cyberspace weapons and participated in the development of Vault 7. Schulte provided evidence to 360 Security Technology and the trove of documents, the authenticity of which was confirmed by US prosecutors, became key to confirming that APT-C-39 was affiliated with the CIA, the Global Times reported, It has been proven repeatedly that the United States has been conducting large-scale, organized, and indiscriminate cyber theft and surveillance activities against foreign governments, businesses, and individuals, China’s defense ministry spokesperson said at a press conference on Friday.

Read more …

“..she will not be able claim the privilege against self-incrimination on the original alleged offenses since the statute of limitations has passed.”

Court: Clinton Must Testify On Email Scandal (Turley)

In a remarkable turnaround, Hillary Clinton will have to testify after all on the email scandal. Clinton has never been subject to true examination on the issue under oath. Instead, she was allowed to meet with investigators shortly before being cleared during the Obama Administration. D.C. District Court Judge Royce C. Lamberth ruled that her prior answers were insufficient and cursory. One interesting twist is that she will not be able claim the privilege against self-incrimination on the original alleged offenses since the statute of limitations has passed. While she would have been unlikely to do so, she would have evoked on a crime that could be prosecuted.

Ironically, it will be the Trump Administration that will have to defend her in opposing such demands since they are handling the litigation as it relates to her prior public service as Secretary of State. This surprising order follows the disclosure by watchdog group Judicial Watch last December that the FBI released “approximately thirty previously undisclosed Clinton emails.” Judicial Watch has argued that the State Department “failed to fully explain” where they came from. Lamberth decided that Clinton has not answered the troubling questions related to her email system:

“As extensive as the existing record is, it does not sufficiently explain Secretary Clinton’s state of mind when she decided it would be an acceptable practice to set up and use a private server to conduct State Department business. The court believes those responses were either incomplete, unhelpful, or cursory at best. Simply put, her responses left many more questions than answers.” While I expect that Clinton will have a lot of “I do not recall” answers given the passage of time, such examinations come at a risk of false statements under oath. Moreover, Judicial Watch can refresh her money with documents.

Read more …

“..Hillary Clinton could potentially fight a ruling that she must sit for a sworn deposition before a federal judge, but she would have to ask Attorney General William Barr for help..”

Napolitano: Hillary Clinton Faces A Catch-22 Over Private Email Server (Fox)

Former Secretary of State Hillary Clinton could potentially fight a ruling that she must sit for a sworn deposition before a federal judge, but she would have to ask Attorney General William Barr for help, Fox News senior judicial analyst Judge Andrew Napolitano explained Tuesday. In an interview on “Fox & Friends,” Napolitano said that the former presidential candidate would have to ask Barr to file an appeal on her behalf because the Department of Justice (DOJ) lawyers would be representing her in the matter. [..] “Judicial Watch has been trying to get copies of these documents [under The Freedom of Information Act]. When they looked at the documents, some of which have been prepared by Mrs. Clinton, you heard what the judge said: the answers were deceptive, misleading, and generated more questions than they answered.

Therefore, he ordered her to be deposed.” “She has never been deposed under oath on this,” he continued. “She was interrogated, but not under oath, in a secret interrogation by the FBI three days before they exonerated her.” Additionally, he noted, this deposition will also be videotaped. “She can’t plead the fifth, right?” asked host Ainsley Earhardt. “She can’t plead the fifth because the statute of limitations to prosecute her for failure to safeguard state secrets has come and gone. She can’t be prosecuted for that,” he replied. “She could be prosecuted if she lies under oath in this deposition. She is represented in the deposition by lawyers form the Justice Department.” “The same Justice Department that would prosecute her if she lies under oath,” he added.

Read more …

Very true. No authenticity left in the DNC.

The Establishment Struggles With The “Nightmare” Of Authenticity (Turley)

Heading into Super Tuesday, the media appears at its collective wit’s end. After the victory of Joe Biden in South Carolina, many attempted to portray a new day until the they faced polls in the morning showing Bernie Sanders again surging in states from California to Texas to even Massachusetts (where Elizabeth Warren is struggling to win her own state). Described as the “nightmare scenario,” the media and political establishment in Washington is back to clutching its pearls and speaking of a convention strategy to block Sanders, including Warren whose campaign calls such a move the “final play.”

The continuing support win for Bernie Sanders has sent the D.C. political and media establishment into vapors. On the eve of Super Tuesday, Pete Buttigieg and Amy Klobuchar, Beto O’Rourke all lined up to endorse Joe Biden to try to stop the momentum for Sanders. Others are growing more and more shrill. Democratic strategist James Carville proclaimed the winner to be Valdimir Putin. His point was that both Sanders and Trump continue surging despite unrelenting attacks in the media. The fact is that many in Washington still cannot compute why so many voters will not listen to them about Sanders and Trump. The reason is that they are valued for the one thing that the establishment cannot offer: authenticity.

[..] Authenticity is a word rarely applied to Trump, but it remains his greatest selling point outside Washington. While rarely acknowledged, Trump has fulfilled many of his campaign promises with his push on immigration, the wall, taxes, Jerusalem, renegotiating NAFTA, dropping the Iran deal, rolling back regulations, opening areas like the artic to drilling, finishing the Keystone pipeline, gutting Obamacare and other promises. More importantly, he does not try to pretend what he is not: honest or moral. He openly talks about delivering wealth and having people vote their pocketbooks. He is the ultimate car salesman who you don’t trust but still want to get a good deal from.

Bernie Sanders is genuinely authentic. Indeed, Sanders seems immune from changes from clothing or political styles. There was never a popular time to be socialist but Sanders never budged. To the contrary, he praised Castro and spent his birthday in the Soviet Union during the cold war. He changes his positions at the speed of tectonic plate shifts. That is why you can hate socialism but love Sanders because you know (like Trump) exactly what you are getting. Elizabeth Warren in comparison was known as a pro-corporate, anti-consumer academic for much of her career before being a champion of the downtrodden.

Read more …

Russia comments from the sidelines for now. Why would it help Europe when the MH17 “trial” is to start next week?

Russia Says Turkey Does Not Meet Terms Of Pact In Syria’s Idlib (R.)

Russia accused Turkey on Wednesday of failing to meet its obligations under a pact to create a demilitarised zone in Syria’s Idlib province and of helping militants instead. The RIA news agency quoted a Russian defense ministry spokesman as saying “terrorist” fortifications had merged with Turkish outposts in Idlib, resulting in daily attacks on Russia’s Hmeimim air base in Syria. Turkey had amassed troop numbers in Idlib equal to a mechanised division, violating international law, the Russian spokesman said. The Russian accusation came on the eve of a Thursday meeting in Moscow between President Recep Tayyip Erdogan of Turkey and his Russian counterpart, Vladimir Putin. They are expected to try to de-escalate tensions that have brought Turkey and Russia dangerously close to direct military confrontation.

Read more …

No link to Idlib. Just human pawns.

Russia Says Turkey Trying To Push 130,000 Refugees From Syria Into Greece (R.)

Russia on Tuesday said that Turkey was trying to push 130,000 refugees from Syria into Greece, the Interfax news agency cited the Defense Ministry as saying. The two thirds of these refugees – that Turkey is pushing from temporary camps in Syria – are Afghans, Iraqis and Africans, not Syrians, it added.

Read more …

In case you didn’t get yet that in Brussels it’s all exclusively about money.

EU Pledges €700 Million To Help Greece Fight Migrant Influx From Turkey (F24)

European Commission President Ursula von der Leyen said the EU would provide Greece with “all the support needed” as it struggles with an influx of migrants allowed to cross from neighbouring Turkey after Turkish President Recep Tayyip Erdogan warned that “millions” of migrants would soon head for Europe. EU chiefs on Tuesday pledged millions of euros of financial assistance to Greece to help tackle the migration surge from neighbouring Turkey, warning against those wishing to “test Europe’s unity”. Flying by helicopter over the Greek-Turkish border, where thousands of desperate asylum-seekers have tried to break through for days, European Commission President Ursula von der Leyen said the bloc would provide Greece “all the support needed”.

“Those who seek to test Europe’s unity will be disappointed,” von der Leyen said, standing alongside Greek Prime Minister Kyriakos Mitsotakis and the chiefs of the European Council and European Parliament. “We will hold the line and our unity will prevail.” The European Commission president said the bloc would provide 700 million euros ($777 million), half of it immediately, to help manage the migrant situation. In addition, the EU border agency Frontex will deploy a rapid intervention team including an additional 100 guards backed by coastal patrol vessels, helicopters and vehicles, she said. “Our first priority is making sure that order is maintained at the Greek external border, which is also the European border,” von der Leyen told journalists.

“I am fully committed to mobilising all the necessary operational support to the Greek authorities,” she said, adding that Greece was acting as a “shield” for Europe.

Read more …


Planet Plastic (Rolling Stone)

More than half the plastic now on Earth has been created since 2002, and plastic pollution is on pace to double by 2030. At its root, the global plastics crisis is a product of our addiction to fossil fuels. The private profit and public harm of the oil industry is well understood: Oil is refined and distributed to consumers, who benefit from gasoline’s short, useful lifespan in a combustion engine, leaving behind atmospheric pollution for generations. But this same pattern — and this same tragedy of the commons — is playing out with another gift of the oil-and-gas giants, whose drilling draws up the petroleum precursors for plastics. These are refined in industrial complexes and manufactured into bottles, bags, containers, textiles, and toys for consumers who benefit from their transient use — before throwing them away.

“Plastics are just a way of making things out of fossil fuels,” says Jim Puckett, executive director of the Basel Action Network. BAN is devoted to enforcement of the Basel Convention, an international treaty that blocks the developed world from dumping hazardous wastes on the developing world, and was recently expanded, effective next year, to include plastics. For Americans who religiously sort their recycling, it’s upsetting to hear about plastic being lumped in with toxic waste. But the poisonous parallel is apt. When it comes to plastic, recycling is a misnomer. “They really sold people on the idea that plastics can be recycled because there’s a fraction of them that are,” says Puckett. “It’s fraudulent. When you drill down into plastics recycling, you realize it’s a myth.”

Since 1950, the world has created 6.3 trillion kilograms of plastic waste — and 91 percent has never been recycled even once, according to a landmark 2017 study published in the journal Science Advances. Unlike aluminum, which can be recycled again and again, plastic degrades in reprocessing, and is almost never recycled more than once. A plastic soda bottle, for example, might get downcycled into a carpet. Modern technology has hardly improved things: Of the 78 billion kilograms of plastic packaging materials produced in 2013, only 14 percent were even collected for recycling, and just two percent were effectively recycled to compete with virgin plastic. “Recycling delays, rather than avoids, final disposal,” the Science authors write. And most plastics persist for centuries.

Read more …




If you read us, please support us. It’s the only way the Automatic Earth can survive. Donate on Paypal and Patreon.


Home Forums Debt Rattle March 4 2020

Viewing 36 posts - 1 through 36 (of 36 total)
  • Author
  • #54767

    DPC North approach, Pedro Miguel Lock, Panama Canal 1915       • WHO Raises Global Mortality Rate For COVID-19 Up To 3.4% (CNBC) • Mayb
    [See the full post at: Debt Rattle March 4 2020]

    V. Arnold

    DPC North approach, Pedro Miguel Lock, Panama Canal 1915

    A steamship on the left and a sailing vessel, with steam auxillary, on the right…an interesting perspective…

    The sham show going on in the US is just ludicrous…
    What if there was a game and nobody came?

    Dr. D

    Pedro Miguel Lock, Panama Canal 1915

    How dare they do things? We must pass a law and stop this immediately! Someone might get hurt!

    Official deaths = 3,203 There are 3,000 deaths by lightning a year. If this 3k holds, soon Corona will be as likely as getting hit by lightning. There’s only one response to that: call a pandemic!!!

    Okay, not to be a snark, with an R3, › 10.1101 › 2020.02.13.20022251v1.full.pdf
    Observable cases in Wuhan 12-27 Jan = doubling every 2 days. Cases at that time = ~ 78,000. Death rate = 3% Quarantine = zero, it is outside quarantine, on planes, and appearing worldwide. Number of days = 36 /2 = 18 doublings = 9,984,000 x 3% =

    299,000 dead by today.

    THAT’S a pandemic. Instead, wiki shows cases from 2/23 to 3/3 have risen from 77,150 to 80,270. That’s a rise of 4%. Deaths barely budged. Habeus corpus: produce the dead bodies or shut up. I believe a lot of lies and covering, but you can’t hide 299,000 dead bodies worldwide without a lot more media fiction than we’ve seen. We have a big zero. People in a nursing home in Italy and Washington died of influenza. Like every other year. The pandemic, whatever it was, has stopped and is now the seasonal flu.

    (Sorry if I missed a trick here, but my scientific calc is in the other room, the assumptions are all wildly margin-of-error, and I don’t care except to make a point: it took 60 days to take out 500 million people, but in the next 30 it didn’t take out 1,000? Explain. My theory is it was all the whining and screaming “we all gonna die” in the West that sacred it off.)

    Then there’s this:

    …most patients have only mild symptoms and the death rate appears to be between 2% and 5%, the WHO said.
    By comparison, seasonal flu has an average mortality rate of about 0.1%, but is highly infectious – with up to 400,000 people dying from it each year.”

    Or by their own numbers, near 0.1% (the flu) if you’re under 50.

    Real story: whatever this was, the world factories in China are offline and may not even start for 3-6 months. Hey, maybe we should force manufacturing back to America, secure the borders, put on tariffs or something? Nah, the #Opposite. And the screaming, oh the screaming. Always the whining and screaming.

    For Biden, I can’t even. It’s embarrassing in more ways that I can define, even personally embarrassing. But what’s with environmentalists rushing the stage to stop milk (again)? Their goal is to make all cows on earth extinct, and they won’t stop ‘til they’re dead. Because that’s #Love and care for animals!

    Guys, try to be more productive and think things through a little, will you? The way to #SavetheCows isn’t to kill them for all eternity. But I’ll donate one to you if you want to adopt. And #ItTakesaHerd so you’ll actually have to adopt a family, maybe +5 cows at 2,000lbs each for 10,000lbs total, plus their 800lb children, then take them on yearly road trips to other cow friends so they don’t inbreed. But not to fear! I’m sure with love and fe-fe’s it will all work out. We’ll set them free in Central Park and let them walk down Columbus Avenue to Riverside. It’s only natural.

    Similarly, no idea what Erogan is doing. Double-crossing everyone? That’s indeed tricky but it doesn’t work out so well in the long run.

    EU Pledges €700 Million to Help Greece Fight Migrant Influx from Turkey (F24)”

    There’s always a first time. But after that money is spent to fix the camps on Lesbos from the FIRST time, what will they do with all the new guys?

    Planet Plastic (Rolling Stone)”

    Guess they better tell Asia to knock it off then. Oh wait, they just did. So that’s all good then, right?

    The cure for this would be very, very high prices, so it’s only used for medical and we don’t get triple-packed in an Amazon box with 3 more boxes with 5 useless poppers each inside.

    …Aaaaaaaaaand that would require stopping free, 0% money in the multi-trillions a year. For them of course, but:

    No soup for you!


    Speaking as a disinterested lizard person, I’d say that a disease that kills off old people is useful for the current human condition.


    One principle that tends to get buried again and again is that this isn’t either/or. We’re not swapping out x deaths/difficult recoveries from coronavirus for x-etc. from flu or whatever for x deaths from coronavirus. We’re ADDING. It doesn’t matter if the flu/traffic kills x a year. We’re ADDING to that skull pile, straining healthcare services/human frailty that much more.

    Not to mention what Twain said: “There are lies, damn lies, and then there are statistics.”


    I see that it is now officially time to panic. How do I know? Major media platforms are now swarming with slogans like ‘Stay Calm and Wash Your Hands’. Which is good advice but means “Freak out!!!!” becuz the government has officially acknowledged the reality of kung flu.


    Meanwhile: “Therefore, he ordered her to be deposed.” “She has never been deposed under oath on this,” he continued. “She was interrogated, but not under oath, in a secret interrogation by the FBI three days before they exonerated her.” Additionally, he noted, this deposition will also be videotaped. “She can’t plead the fifth, right?” asked host Ainsley Earhardt. “She can’t plead the fifth because the statute of limitations to prosecute her for failure to safeguard state secrets has come and gone. She can’t be prosecuted for that,” he replied. “She could be prosecuted if she lies under oath in this deposition. She is represented in the deposition by lawyers form the Justice Department.” “The same Justice Department that would prosecute her if she lies under oath,” he added.”

    The turning of the screw in Hillary’s case could/should have major impact on politics, period. The smell released should her head be pulled from her ass will be paradigm-shattering.

    Comparing something new to the pre-existant doesn’t remove the pre-existant.


    Mini-Mike is out. That only leaves Sleepy Joe and Crazy Bernie, though the DNC may pressure Pocahontas to stay on to pester Bernie a bit longer. She should join Bernie’s ticket instead.


    “The cure for this would be very, very high prices, so it’s only used for medical and we don’t get triple-packed in an Amazon box with 3 more boxes with 5 useless poppers each inside.”

    Most of which could be eliminated by removing the need to have cargo survive a a week to a month at sea before reaching market.


    “… 299,000 dead by today.”

    Not that hard, maybe, when you turn entire cities into concentration camps.

    For example: “By comparison, seasonal flu has an average mortality rate of about 0.1%, but is highly infectious – with up to 400,000 people dying from it each year.” Usa has probably about 30-40K of those yearly casualties. Does anyone here know anyone who’s died of the flu?

    Facts don’t have to be hidden so much as obscured. Media can blather on about so much nonsense that 300K deaths in a few months wouldn’t be noticed. USA citizens have been thoroughly hidden from their own history by a large education system. It’s easy, apparently. Few people will ever declare the emperor’s nudity. They’ve seen what happens to freaks (like us) who dare proclaim such unofficial truth.

    So yeah, I think a 300K death count is very feasible.


    Bernie Sanders
    Is socialism a dirty word when its tied to corporate?
    There is no way that we can list all the money being printed and being given to the connected elites.
    It is easier and faster to count the underpaid workers, the number of poor, the refugees, and all the homeless that will receive all of that new money being generated by the virus.
    Yep! Zero.
    Most of it goes for the the legal graft system. Ask Biden how it was legally done.
    Henry Ford was a pioneer of “welfare capitalism”
    Ford announced his $5-per-day program on January 5, 1914, raising the minimum daily pay from $2.34 to $5 for qualifying male workers. Ford’s policy proved, however, that paying people more would enable Ford workers to afford the cars they were producing and be good for the local economy. He viewed the increased wages as profit-sharing linked with rewarding those who were most productive and of good character.

    There was never a popular time to be socialist but Sanders never budged.
    Without Sanders to push for more social justice, there will be unchecked expanding capitalist welfare.
    People around me, have and are getting the cold flu. (Nobody knows. It might be the con virus.)
    I’m spitting distance away from the con virus.
    Who knows, if garlic does not help, I might become a hospital statistic


    the Bank of Canada “pulled a Fed”

    With Wall Street consensus expecting nothing from the Bank of Canada today, and even money markets were at beast hoping for a modest easing, moments ago the Bank of Canada “pulled a Fed” when it shocked traders after cutting rates by an unexpected 50bps, from 1.75% to 1.25% (with expectations for an unchanged print), citing the COVID-19 virus as “a material negative shock to the Canadian and global outlooks,” and as a result “monetary and fiscal authorities are responding.”

    The 50bps rate cut was the biggest since the financial crisis….. the Bank will continue to ensure that the Canadian financial system has sufficient liquidity.

    John Day

    Thanks for posting the picture my chat with Tulsi yesterday, Ilargi.
    I’m tapped out on time.
    We have a medical staff meeting at People’s Community Clinic in a little while.
    Important discussions…
    You may not imagine how rigid and running-near-capacity-to-maximize-profit the medical system in America is. We’re gonna’ make Italy look stellar, I fear.
    It will take something like martial law. I hope it is state, not federal.
    Anyway, here we go mad-creating reality!
    10,000 on IV and oxygen in sports stadiums.
    I don’t see much else if you need to graduate from vitamin-D and chloroquine and a visiting nurse at home.


    Prayer time
    ” …. and a visiting nurse at home.”
    Cough, cough, cough

    ” …. the underpaid workers, the number of poor, the refugees, and all the homeless “


    The Trump White House faced widespread criticism on Tuesday after Vice President Mike Pence conducted a press briefing on the coronavirus outbreak, but members of the media were not allowed to record video or audio. Critics suggested the Trump administration is more concerned with managing the optics of the outbreak, rather than the outbreak itself.

    Turley…[..] “Authenticity is a word rarely applied to Trump, but it remains his greatest selling point outside Washington. More importantly, he does not try to pretend what he is not: honest or moral.”

    Unfucking believable!!

    Trump’s Real Base Is the Ruling Class

    “What set the largely petit-bourgeois Trump supporters apart, Smith and Hanley showed, was their shared allegiance to eight core values and identities: identification as “conservative”; support for “domineering leaders”; Christian fundamentalism; prejudice against immigrants; prejudice against blacks; prejudice against Muslims; prejudice against women; and a sense of pessimism about the economy….the real winners under Trump have been the economic elite.”

    — consistent with Bannon’s call for the “deconstruction of the administrative state” — the real winners under Trump have been the economic elite. These are the leading beneficiaries of Trump’s effort to introduce what leftist economist Jack Rasmus calls “a more virulent form of neoliberalism,” replete with a pronounced assault on democracy and a drift toward tyranny. Journalist Thomas Meaney notes that Trump as president has “fed the richest in society in the currency they prefer — dollars — and fed his fans lower down with a temporarily effective substitute — recognition.”

    “So what if Trump is, in Chomsky’s words, “dedicated with fervor to destroying the prospects of organized human life on Earth in the not-distant future (along with millions of other species)”?”

    Dr D Rich

    What good is a home nurse visit when all that profession is interested in today is “leading and managing and policing” physician behavior?
    Do folks genuinely believe the nursing profession still represents the soul of compassion in healthcare?
    Where’s the proof?
    Here comes the warnings and admonishments that a physician better treat the nurses well because they can get you 6 ways from Sunday if you don’t.


    Math problem
    How can Iran test so many people when the USA is still trying to get test kits.?
    “Iran has temporarily released more than 54,000 prisoners in an effort to combat the spread of the new coronavirus disease in crowded jails,” the BBC reports.
    The stipulation, according to a statement from Iran’s judiciary, is that inmates post bail but more importantly that they test negative for Covid-19.


    @ Dr. D……I recall that recently you wrote about two different strains of the virus.
    I thought that might be a stretch. Apparently not. This would explain why some locations have more serious outbreaks and deaths.


    “Iran has temporarily released more than 54,000 prisoners in an effort to combat the spread of the new coronavirus disease in crowded jails,” the BBC reports.”

    That would be a disaster in the usa zero. We were discussing this last week. I imagine the first cluster among the prison population will result in staff and guards calling in sick. And many public employees get a ridiculous amount of sick time in the USA.
    As has been mentioned, our reaction to the virus will be more severe than the virus.


    more con spending in the USA
    First, 0.50% less interest. Cheaper money for the rich.

    Second A bit of grease for everyone who send an invoice to the gov.

    US lawmakers have reportedly reached a deal on $8.3 billion in emergency coronavirus spending bill, which includes nearly $8 billion in funding for agencies fighting the virus, and $500 million to allow Medicare providers to administer tele-health services better suited to the elderly.


    Dr. D, cloudhidden: you might also check out Chris Martensen’s video from yesterday:

    An Official Emergency

    At time marker 27:25 he discusses the work of Roland Baker, molecular geneticist at UC Berkeley, and shows a graph of mutations. Is it just me, or do the red and orange markers for the American cases appear to be larger mutations from the initial starting case? Certainly an interesting theory.


    House passes $8.3 billion emergency coronavirus package
    The spending bill could reach President Donald Trump’s desk by the end of the week.

    03/04/2020 12:10 PM EST

    Updated: 03/04/2020 04:51 PM EST

    Go and read it.


    Zerosum:. In Iran, if you are good at new math, then releasing 54,000 immates works really well!

    Or maybe the prison guards are afraid of catching the coronavirus so are not showing up for work!


    Zerosum:. I will bet Congress has buried the FISA spying renewal on Americans, in the virus bill!


    Tester found a test kit

    Medical screener at LAX airport tests positive for coronavirus
    The person was among screeners who are assigned to the airport’s in-transit lounge and also “support jetway screening on direct flights from China.”
    March 4, 2020, 1:14 PM PST
    By Laura Strickler and Andrew Blankstein

    a “contract medical screener” (insert:probably paid less than others), for the Centers for Disease Control and Prevention.
    According to DHS, the individual began to exhibit cold-like symptoms on Saturday and visited a primary care doctor on Sunday and was tested for COVID-19, which came back positive on Tuesday.

    The individual’s last shift at LAX was Feb. 21, more than a week before the appearance of symptoms. According to the internal email, the screener worked at LAX from Feb. 14 to 21 and became symptomatic on Feb. 29.


    John Day’s comment about state verses federal marital law rings alarm bells!

    The globalist strive for one world government and will not hesitate to use the coronavirus to ruthlessly implement their agenda. This would be the worst type of response! Big brother is not going to save you! He wants you to trade your freedom for false security where you end up with neither!

    The best response to coronavirus is a local community response! Only locals know their community and the people living within it. They will respond in the practical and effective manner. Then you get to keep you freedom and security!


    So it turns out that genetic sequencing shows that are two different strains of the virus after all, a more aggressive L-cov version as a less aggressive S-cov version. S-cov is the older version. L-cov became more prevalent during the Wuhan outbreak.


    Boogaloo:. If I read or interpret your comment correctly, this coronavirus started out as the less aggressive “S” type but has now mutated into the more aggressive “L” type?

    In other words, the coronavirus has gone from bad to worst?


    Yes, WES, that appears to be the case. Here is the abstract:

    Population genetic analyses of 103 SARS-CoV-2 genomes indicated that these viruses evolved into two major types (designated L and S), that are well defined by two different SNPs that show nearly complete linkage across the viral strains sequenced to date. Although the L type (∼70%) is more prevalent than the S type (∼30%), the S type was found to be the ancestral version. Whereas the L type was more prevalent in the early stages of the outbreak in Wuhan, the frequency of the L type decreased after early January 2020. Human intervention may have placed more severe selective pressure on the L type, which might be more aggressive and spread more quickly. On the other hand, the S type, which is evolutionarily older and less aggressive, might have increased in relative frequency due to relatively weaker selective pressure.


    Yesterday Anthony Fauci to calm nerves and to walk besides Donald Trump told NBC News that 80% of the coronavirus infections will be mild. Today the flip side was pointed out. The 20% needing hospital care will swamp the American for-profit healthcare system just like Wuhan or Iran were. Heat, an effective public health system and perhaps the milder mutant are why Singapore outbreak hasn’t exploded yet. A less lethal more contagious coronavirus variant may explain South Korea’s results. Yesterday, Dr. John Campbell said the UK expects an 80% infection rate and that the government must do everything possible to lower and extend the outbreak so the hospitals can be cleared out of seasonal flu patients – opening beds this summer for coronavirus patients.

    What happens next on the American West Coast and Westchester NY in the next two weeks will tell if the US federal and state governments can dampen the outbreaks or not. We will see if the 8.3-billion-dollar legislation is intended to aid the Rich in getting through the looming economic depression like in 2008 or to save American lives. Do the Elite realize the danger they are in or is it everybody for themselves? No hazmat suits for First Responders, Utility Workers and Healthcare providers, no infection tracing, thousand-dollar bills for a virus testing, and no sheltering in place in hot spots will all mean that American society is on the path to disintegration.


    Boogaloo:. Thanks for the reference article. I read the PDF.

    Boy, I sure had to read the last two sentences of the abstract a few times to make heads or tails of it!

    The Chinese authors talk in rather vague terms about human interventions playing a role in the selective prevalence of the “S” and “L” types. This means they were not at liberty to say exactly what human intervention.

    Sounds like we humans, despite good intentions, somehow just made matters worst!

    I am just guessing having 5 million people from Wuhan travel for lunar New Year was the perfect storm to spread the “L” type.

    I did see a world map showing the travel destinations for 60,000 Wuhan travellers. They went to all corners of the world! The rest is history in the making.i


    VietnamVet:. I have read that the normal flu builds up in the fall, peaks in winter, then declines in spring.

    The thinking is the rising sun angles increases the UVL which helps to kill viruses. The warmer weather brings people outdoors more increasing the vitamin D in their skin from the increased UVL exposure.

    Also higher moisture in the warmer summer air helps the mucus in our noses do a better job of filtering the air, compared to the dryer winter air.

    I don’t know if warmer temperatures hurt viruses or not.

    I am guessing the authorities are hoping to delay the spread of coronavirus until spring arrives.


    WES, if you download the PDF at, you will find that the paper itself is easier to read and understand that the short abstract I cut and pasted. The discussion begins on page 6.


    Who gets it? There have to be similarities (oldsters, immunocompromised, infirm) that we think we know of, but the only one they seem to be sharing that merits extreme curiosity is that pre-adolescents seem to be immune[?].
    So many people have taken genetic tests- don’t tell me the fancy-folk aren’t looking at the info.
    I watched a hearing today on cspan- the only really pertinent question was “how are you going to ensure the uncompensated won’t work when they are ill?” Does any of the $8+ billion deal with that?
    What are the commonalities of the victims? We can do this now. We can say “you are the ones who go to the store and drop it off at the house of the stricken”; “you should stay out of the public spaces.”
    It’s the year of the knockout rat.
    Dr D: do you scare yourself sometimes?

    John Day

    Wes, I didn’t mean to ring alarm bells but quarantines are martial law, as I see it. Look at Italy. There are armed police at roadblocks all over the place. This is the start.
    I’m a USian for reference.
    What I meant was that more local is better, but how can it just be local? How can it not be at the state level or higher?
    We had a good medical staff meeting at the clinic, but we are all awaiting orders from higher bureaucracies. I’m not in on those meetings. There are clearly big changes we need to streamline for a whole lot of screenings from car to screen to car and home to await results and advice, and we need something like a portable food kiosk with all surfaces easy to scrub down frequently, daily or better. We need to be able to manage people at home, not just by phone, with a kit they can use, but with home visits. I volunteered weeks ago. We’ll see…


    ” …. all surfaces easy to scrub down frequently,”
    Your going to wipe down a surface that contains a killer virus.
    You are going to use a rag and a bucket of ????
    How is the rag and the bucket cleaned?
    To be effective, it would have to be done the same as decontaminating an operating room.
    I think that I would want to do the same as the people that remove asbestos insulation.
    Anything less, is just for mental easement.

    Dr D Rich

    Yeah, decontaminate it like an operating room. You mean like an operating room at Children’s Hospital in Seattle.
    So many of the procedures we go through in a hospital under the probing supervisory eyes of the Joint Commission are just rituals. Ask a nurse how many times handwashing and BLS (basic cardiac life support) “standards” changed over the years.

    Dr. D

    If it’s me: no, since everything you hear, read or see is a lie meant to rob you and steal your freedom, the world is a very simple and obvious place. I’m not scared. They’re lying idiots.

    That said, although my theory now fits all the facts, there is still something wrong with it and it isn’t true in an important way. What, I can’t yet tell.

    Misinformation worldwide. Claiming masks don’t work. If they don’t work, why do doctors use them? Yes, they work for 4h if used properly, but they’re still better than NO mask, not only for yourself but protect others if you have it. The point is every level of reduction in “viral load” matters, but is essentially unmeasurable. The world instead polarizes into two all-or-nothing camps shouting at each other. Hide and stab yourself, or walk around in denial and contaminate everything. Sheesh. Wear a bandana if you want, it will still help.

    Same with wiping down surfaces. If it doesn’t help, why do they wipe down restaurant tables, to spread the dirt around? Of course not, it’s bleach and/or other water, and it DOES help, but it’s not an operating room either. How much effort vs risk in diminishing returns? You’re a grown -ss adult: it’s up to you.

    This has been long ‘planned’, as I’ve said and you can read the papers. 10 years ago alt-people were already pointing out that the weirdo bent-for-leather global initiatives were all for pandemics: 12 mega-cities, health initiatives, end to vitamins and herbals, but most notably Amazon, the nation’s company store, which tracks what books you read and things you buy, but more, has robotic workforce from the factory to the doorstep, with these idiotic megadrone army that makes no economic, energetic, or engineering sense. Walmort, moving to robotic stockers, self-checkout, and delivery/door pickup. Uber, chomping eat-a-bug desperate not only for delivery, etc but self-driving cars. From Tesla, who has killed more people than Chuck Manson with their idiotic belief in technology I can disable with a loogie. At least it was voluntary immolation for their Green god.

    What do each of these things (and 1,000 more) tell you, and the speed and alarm Ford and GM were pushing them? Pandemic, meant to control the masses. Especially here since we’re armed, as quarantine creates cover to kill the resisters, as just happened in about-to-protest Wuhan, Italy, France, and Iran. But I am a coincidence theorist and this is all a big accident. That they wrote down. In increasing detail. For 45 years.

    Pretty sure they’re going to fail though. Because they are neanderthal-browed, mouth-breathing schmarty-pants who pray to a god whose ethos is “Can’t think straight.” So it goes on, the parasite and the host, for the next 1,000 years. Unfortunately, since people can’t seem to believe there is evil anymore and do any duty as men and citizens, they fall for it like children and are devoured.

    Dr. D

    I guess the point here is that rich people thought they were going to spark a pandemic, then sit at home in their gated community and order Amazon online while robots worked the fields and factories, and they worked from home on Twitter trading Dow 100,000.

    Nonsense, since the first janitor would just break in and hit you with a mop, but that’s how dumb they are: dumber than the dumbest hick in Kentucky.

    My real thought: “The lie is different at every level.” The Trillionaires have ACTUAL compounds with ACTUAL armies that CAN be gated as they control counties in Switzerland. They laughed at the credible billionaires in Miami who believed they would do that too, and laugh as the tiny, insignificant single-billionaires and millionaires help them kill everyone, cleanse the world of us annoying human vermin, and so die themselves. They think they’re Very Important People™, part of the In Club™, when really they’re being used and discarded like everybody else. If they didn’t notice from the #AntiReligion they avowed to and the pile of victims behind them all.

Viewing 36 posts - 1 through 36 (of 36 total)
  • You must be logged in to reply to this topic.