Debt Rattle March 13 2020
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Earl Theisen Walt Disney oiling scale model locomotive at home in LA 1951 • Coronavirus Can Survive in the Air For Up To 3 Hours (GR) • Clinica
[See the full post at: Debt Rattle March 13 2020]“UP TO 37 DAYS,” not 14.
OMG, we knew that 2 months ago. THEY knew that 3 months ago. Yet they keep saying 14, which means nothing comes from nowhere.
Also, P.S., this plus the aerosol is why they can’t stop it. And also why having all 10 elements of an engineered virus is why it’s an engineered virus. If you didn’t believe the U.N. bioweapons expert when he said so last month.
Since no one’s tested or has symptoms, anyone have a death rate? Nope. Without both numerator and denominator, you have nothing. But yet we have to guess.
“Some countries still don’t take the situation very seriously and fail to aggressively contain”
Contain? Hahahaha, sure. But in any case, those who DON’T contain, as countries probably recover faster and better. That’s not a nice thing to say since they will also kill a % more people, mostly old or medical. What scale are we discussing? Micro or macro?
“Ohio estimated on Thursday that more than 100,000 people in the state have coronavirus”
Probably right, that’s what I’ve been saying. Number of deaths in Ohio? Zero. There’s your numerator and denominator. But it’s probably multiples of the flu, which isn’t safe. Say 300k? And sadly we wouldn’t notice. Unless you crash the economy, then 3M die, congratulations. And all those extra 2.7 million are totally voluntary, due to YOUR panic. (and 20 year selfish lack of preparedness since the ‘99 crash) So does that make Britain smart? Or dumb? If you’re on war footing, which China ALSO advised, then does it make sense now? Or do we just win with no hardship and no casualties? Do we sacrifice the whole nation, economy, AND pensioners trying to save people over 60? Hey, not saying those are GOOD ideas, I don’t really know, that’s why we advocate and vote. But they want NO casualties, NO hardship, NO work, and 100% whining, crying, and blaming.
Fast market crashes mean nothing, and points mean nothing, only %. That’s only telling you that computers trade quickly (no kidding, Sherlock), and there are no real people in the market (also duh.) This is why they’re not markets, and haven’t been in 30 years while you applauded.
“ I’d Rather Be in Italy Than US”
That’s interesting, but also he’s moving from a nation post-peak impact FROM a nation not yet peak. That has nothing to do with either of our nations, it’s selfish arbitrage. I’d rather be here, but I don’t live in New Rochelle either.
UBI as from yesterday, money, being a fantasy, is infinite. Real goods take work and are not. They’re proposing printing money and thereby transferring MY work to those who don’t work. As the old slogan goes. And that’s what caused the final spike in Wiemar, and the final complete loss of confidence in currency. But that’s been planned as 2018 since at least 1989, and you got a two year extension, so whatever. But if you want to more utterly destroy the poor than ever, go ahead and try it. Every single welfare transfer has made it worse before. It won’t matter, since they’ll just deny that was the cause after, and the destroyed, murdered poor will vote for it again, just like Zimbabwe and Argentina, for generations. Yes, Pete Townsend was wrong. Einstein was right “There are two things that are infinite, stupidity and the universe, and I’m not sure about the universe.”
“Could we fix health care with that?”
Therefore, NO. You CANNOT fix health care with money – and OBVIOUSLY!!! You fix it with doctors, nurses, clinicians…you know all those things Obamacare DIDN’T do, while they also added money, profit, administration, oversight, control of dissident medial records, obstacles, and paper-pushers at +10% p.a. for 12 years compounded. DOCTORS, silly. That takes 6 years. YOUR MONEY MEANS NOTHING TO ME, or to reality for that matter. Since reality is now optional, no one notices. THey’re saying “I’ve got money and we need food: why don’t we harvest TWICE at once, for 2020 and 2021, then plant twice?” A: because you’re a moron with the sense of a 3-year-old, that’s why. Back in the real world: Winter, Spring, Summer, Fall; pants first, then shoes, it’s not optional.
“Inject a trillion, see markets lose 10%. Never a better moment to end the Fed.”
…And that’s how – the ONLY WAY – to end the existing monetary system. He’s been at it for years now, discrediting the Fed, which richly deserves to be discredited, and has stolen 99% of the dollar, and the nation, in 99 years. So good, THIS apparently is what it takes to change people’s minds. Therefore THIS is what we do. As per Economist 1989. Also, anything the Fed “Wins” at means the rich only win, since they are the Fed’s sole constituency. Therefore the only way the working man wins is when the Fed LOSES. Loses credit and control. 1929 leveled income disparity. Why? Wages dropped uncomfortably, but Stocks, bonds, etc, dropped I N C R E D I B L Y. If you think about it, that’s the only POSSIBLE way. Because if the poor lose $50 they’ll all die. But the rich can lose billions and be fine. So that is what will happen.
“the loss of glyphosate would cause very severe impacts on UK agriculture”
Well too bad, it’s about to happen. Or where will you get the money and the product? From a bank? Through a factory, then a dock, a truck, a store? That’s going to slow down. They won’t get all the inputs they need. Aaaaaand now they’ve stopped all the cows, therefore all the manure, therefore all the self-seeds, therefore all the tractor parts, therefore all the…
“Migrants on the Greek islands are to be offered €2,000 (£1,764) per person to go home”
That’s the best war reparations I’ve heard of. Just can’t come from Greece but Germany, Britain, United States…
My wife is an epidemiologist in a western coastal state (until this past January she was the state’s respiratory influenza epidemiologist, now she just gets pulled in on an emergency basis: all hands on deck). The U.S. catches a lot of flak over how little testing is getting done, but the realities of testing are this: there is not enough test capability by a long shot, and sometimes the medical/epidemiological personnel get over-ruled for political reasons. The father of a kid in a school where there was a single case gets pneumonia and demands testing; initial ruling was no test necessary, as his bacteriological test came back positive. But a stink was raised, and he was tested; came back negative. You’ve got people coming out of the woodwork demanding testing for what are essentially seasonal cold symptoms. A much worse example: recently a cluster outbreak popped up in a nursing home in our state; the clamor for testing was intense, and eventually the state health department gave in and ordered everyone tested that was in contact. Here’s the problem: some of those tests are going to come back negative, and we know that this disease has false negatives in testing. Those people are going to think they’re in the clear, and if they’re workers at the facility they will probably not effectively quarantine, no matter what the state tells them. Why would they? Test came back negative! Also, testing the other inhabitants of the facility has no value: they’re not going anywhere, and they will just get treated as symptoms come up anyway. So a whole bunch of testing gets squandered because some county commissioner or whatever made a big stink.
Good points Rototillerman. I live in Ohio. Everything was quiet until yesterday when our fearless leader governor decided to close our schools and his health adviser announced that there are at least 100k active cases in Ohio (fwiw, they’re not going to the emergency room). Emergency room visits for respiratory problems have not increased, at least not yet, and are down slightly from last month.
So now we have panic buying, paranoid people when they cough, paranoid people when someone coughs next to them…and not much toilet paper or dog food.
It didn’t help when the Cleveland Clinic announced “free” testing. No such thing as a free lunch or anything for that matter.
Not much happening in the summertime southern hemisphere. Not too bad in Greece (no ski slopes there).My rant coming up.
People need cash directly in their hands. For some, it might mean the difference between life and death.
The Fed. just printed 1.5 billion to make changes that they want to have happen.
( Some have called it “doing gods work”)Our society is changing. Yep. We here, at TAE, have all noticed. Other blogger have also noticed the changes that are happening.
We are even noticing that some of those changes might have been caused and maybe even coordinated by someone or a group of people.
Saying that there are humans involved in creating the changes of our social structures fall into the category of “He said, she said”, because if “they” are capable of doing manipulation on such a large scale, then “they” are smart enough to hide the evidence and smart enough to hire the necessary enablers to make the manipulation happen. ( there is no proof of wrong doing – Biden)So now, that we agree that the virus is making changes to our society, look, do you see anybody (groups), taking advantage of the situation to promote their agenda?
Of course, you see groups taking advantage of the changes to promote their vision of what will be the future.
I don’t need to remind you that those individuals are promoting a better world for themselves not necessarily a better world for you.
Do you agree or disagree with their vision of the future? Do you agree with their manipulation methods?
Changes are coming.
Therefore, now is your chance to be involved in making changes.
Join a movement or start your movement.
Yes, you can smell it.
Change is in the air. (It isn’t ozone and it isn’t due to lack of TP)“There are two things that are infinite, stupidity and the universe, and I’m not sure about the universe.”
Yes, like people being tested and thinking they’re in the clear. You might catch it while you are standing inline for your test. Acting like a test is a vaccination. Might as well get tested daily to be sure since pat results don’t guarantee future performance.
Testing is way over rated. Might as well get a weekly cancer test also.
I’m not against testing but I think people are assuming too much. Either they’ll die if positive or that they’re immune if negative.Yesterday I watched a neighbor, old lady, carefully sanitize every bit of hand railing from her upstairs apt to ground level. Then she poured steamy water on the porch.
Yesterday, the school bus came by,. stopped with its doors open for two minutes, then left without picking up children. Normally 3-4 kids.
I plan to do some grocery shopping tonight. Should be sociologically interesting.
Wait till the public learns that those macho metrosexuals lumberjack beards make great pathogen delivery systems.
An end to gender discrimination. Everybody looks like monks from the hidden city. Nobody takes their mask off except for close family.
“I couldn’t find the 37-day figure this Twitter comment mentions, in the report”
Here it is:
Findings… Median duration of viral shedding was 20·0 days (IQR 17·0–24·0) in survivors, but SARS-CoV-2 was detectable until death in non-survivors. The longest observed duration of viral shedding in survivors was 37 days.
https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30566-3/fulltext
I’m convinced that what blew out the 2008 bubble was energy costs. I’ve read some credible analysis to support this.
This time, the bit of unbribable reality that is crashing our economy and culture is a virus.
Reality is as reality does.
Now we can all learn how to be hospitals:
When will the virus be used in assassination
In Italy – not Iran – the president of the Medical Guild of Varese, Roberto Stella, has died of coronavirus at the age of 67.I’d agree with the article about Italy. i used to live in US, now I live in Italy. the longer I stay here the more respect I have for Italians. they seem to genuinely care and there seems to be more national unity than in countries with large immigrant populations.
T-virus on bigger spending spree
Trump
I will be having a news conference today at 3:00 P.M., The White House. Topic: CoronaVirus!“The message from the federal government was blunt. “What they said on that phone call very clearly was cease and desist to Helen Chu,” Dr. Lindquist [the state epidemiologist in Washington] remembered. “Stop testing.””
Moon of Alabama.
My understanding of dangerous people: Psychopaths do not seek approval, as narcissists do. They don’t feel rage or hatred as narcissists do (just try and stop a raging narcissist!), but if the deaths of others (including their own kids) empowers or enriches them, that’s not a problem. Sociopaths are created by circumstance- a kind of synthetic psychopath (think Calley at My Lai in Viet Nam). They tend towards vengeance and payback, and revel in personal triumph. They are extremely dangerous if they have power and situation in their favor. (A nod here to The Last Psychiatrist.)Testing would indicate a need to quarantine now, as Moon of Alabama wants. Demanding that tests not be done means the psychopaths behind this response haven’t got what they want yet. The deaths of pensioners and aged gov’t assistance recipients seems to be part of the goal.
While some fancy voices on the pages of Zerohedge proclaimed cash to be useless, others mentioned the fanciest folk to have been hoarding cash. Considering the graph of the DJIA in the 20s, there was a lot of “up” followed by “bigger down”. I’m pretty sure some came out of the 20s as the most powerful psychopaths in the nation. They didn’t crow, but proceeded to take over the US government.
I see the future of the US as neofeudal- a nation owned by the powerful, rented out to the power-hungry, and worked by the powerless, of which there are far too many in their dystopic dreams.
They will tax you off of that little hundred acre Eden in fly-over country. There will be no havens. Show yourself to be resistant to their hazing (kill someone you love or admire; preform repugnant acts with a private audience, etc.) and they will eliminate you.
Psychopaths collect narcissists and sociopaths, as they make useful knights in their kingdoms.
Psychopaths ARE superior, when material wealth is the marker. They ARE superior, when love doesn’t count.
Taking care of yourself for the sake of the community is an act of love. That’s why they will not test: you must not take care.
Love is the enemy of the psychopath.As if on cue, here’s a rich guy asking for a personal bailout, oops, I meant his own personal nominal GDP targeting. Why? Because saving his selfish ass will trickle down and save entire countries, perhaps the entire world. Because without his psychopathic/sociopathic leadership there would be no other alternative except anarchy. Anarchy! I say…..dogs and cats sleeping together, literally, all hell breaking loose.
https://www.zerohedge.com/markets/appaloosas-david-tepper-says-fed-needs-conduct-targeted-qe
Anarchy!? Blasphemy! Or something.
Daily medicine:
Italy comes in at +2,547 new cases and +250 new deaths.
104 fewer new cases, but 61 more new deaths. It’ll take a while before the new isolation measures show in the numbers.
8 minutes ago as I write this, googlenews posts an article from The Atlantic in my feed titled The Trump Presidency Is Over… and at this point, it certainly is true, which makes the DNC’s shitting all over itself to “impeach” Trump especially tragic for them and hilarious for the rest of us.
No one is going to be holding large political rallies anytime soon, eez szo? A strange new disconnect between media reportage and political reality seems imminent. One with an unusual range of plausible probabilities. Trump could be back in solid by October even after doing his best to imitate Joe Biden in real-time presidential footage of donald Himself fucking up awfully and unignorably on something very serious like diss here klung foo thing.
Hot dog, this gonna be an exciting time to be alive.
Meanwhile, an entire world begins to wonder:
Testing is not done to make sure people breath easier (sorry)- it is to assess the situation. Anyone who dies of a respiratory illness should be tested. (I’d even dig up a few of those vaping victims.) Anyone who comes in with severe respiratory illness should be tested. Anyone who goes to a clinic just to get tested because they feel a bit ill is crazy.
It’s the analysis of how many likely have it now that matters. Cluster. Cluster. Boom.
The markets are doing what so many knew was coming. Who couldn’t see that a world where someone went into debt to go on a cruise, or fly to a destination wedding, or buy the latest 600hp vehicle, or even purchase dubious IPOs was a world that was not going to continue?
There are two things going on here. SARS-CoV-2 is a mighty convenient excuse for the other one. They are both deadly serious.Canada is now in LALALAND
50 basic point was not enough therefore, here is another 50 basic. That ‘s down to .75 interest.
You can now borrow cheaper. One billion wasn’t enough YOU WANT More! Okay!
Here is another 50 billion that you can borrow.Imagine …. you cannot pay back your loans now at present rates …. take more loan … don’t worry about paying back when normal conditions return.
Don’t try to tell me that capitalist do not take from the gov. The real socialist are the elite who serve themselves before letting anything trickle down to the people.
Just think what kind of homeless and poverty problems that could be solved with all tha money.
Stay tuned for more money for next week.
Zero:
TAE is doing a great job of gathering all of the critical world articles that link and result in a clearer picture of what the elites are doing to make their lives better. Thank you..
Carol:
I agree zerosum. Thank you TAE for your fantastic articles and insights.
VA:
Thanks Ilargi; you’re doing a yeomans job on this…
Thank you all. I know there are people who don’t agree with my “alarmist” view, but at least it’s now obvious that my idea some 2 months ago when I started to pay attention, warning that the virus “had potential”, was not the craziest notion around. It’ll change a lot of things, and some in quite violent ways. This is the 1st inning, if not the warm -up.
Still, we all know our societies are due for major changes, and they need them too. Badly. These things just don’t always happen when and where you would want them. But that’s one thing we don’t get to choose.
I can also see that reader numbers are up quite a bit, but it’s not yet reflected in increasing revenue, and that worries me. Governments everywhere have funds for companies and individuals “hit” by the loss of business due to the virus, but not for me. I don’t fit the preferred model. By design.
So do hit the appropriate buttons, Paypal, Patreon. I’m right now and here pondering if I should go back to Athens soon, I’m not even sure if that’ll be an option for more than 3-4 days (no kidding), but the homeless are the first to be hit and I feel I must make sure the project works as we want it to.
But I even have to think about whether I can afford to do that, it means double fixed costs etc. And that irks me to no end.
I think I should be able to do what I do, the work and time that goes into TAE in what has lately become more like “Virus” than Debt Rattles, and the time I spend taking care of Athens’ homeless, without having to continually worry about paying the bills that furnish my -very much deliberate- simple existence.
Anyway, that said, thanks.
I think the popularity contest part of this eolection, candidates and shit, will look something like this:
Or maybe this:
I would have added “vanity wars” and “buy back their own stock” to the list of foolish reasons to go into debt, but I suspect those will continue.
Youtube apparently understands both my sense of humor and the times we’re in. Just now suggested to me:
My earlier post should have said “Moon of Alabama, Information Clearing House March 12” for the quote.
The same MoA who wrote for FireDogLake?
Also: Yea for Chelsea Manning!Also: anyone else notice how Nancy Pelosi looks more and more like Nanci Reagan? I’m Joe Biden, and I snorted this message.
And finally:
Emerging Fully Formed From Biden’s Lobotomy
She looks like a triumphant chest-burster in the article’s picture. He looks like a ventriloquist’s dummy in need of a paint job.
Here is Jon Barron’s latest note on on the corona virus. Highlights:
– Government response suggests that this is a short-term problem, but all evidence suggests that the virus will be around for a long time.
– Since it will be around for a long time, odds are everyone will get it and rather than trying to avoid getting it we would more usefully focus on optimising our health to survive it (eg reduce viral load in our bodies, support the immune system)
– Rates of infection and mortality are very much subject to testing rates, so don’t get too hung up on them.
– If you are not elderly and don’t have an underlying health issue, you will most likely not experience this as anything different than the flu.
– If you quarantine yourself when you do not have the virus, you will be at just as much risk (even more) of getting the virus, because you had no chance to develop some immunity.
– Quarantining sick people will absolutely stop the spread of the virus from those people (and reduce long-term stress on health care systems), but will not stop the spread of the virus by others.
– Long-term mass quarantines of everyone are simply not sustainable. You would have to bring the entire economy to a halt, and the moment you stop the quarantine, the disease cycle will start again.I dabble in silver. It’s dropped like a rock the past few weeks but try buying some. This is posted on BGASC website today:
Please Note: To ensure we maintain our high level of service, BGASC is currently not accepting any new orders at this time. Our entire staff is working diligently to pack & ship the large volume of orders we have received in the past 72 hours. We will reopen our online store on Monday at 8:30am PDT for new orders. We appreciate your business.
Let’s pretend that you had “the flu” a couple weeks back (and you wisely steered clear of medical facilities). You test because you need to know if you can now visit Grampa. You test to see if you should not visit your friend undergoing chemo. You test to see if you can return to your job in the nursing home. You test because tests are cheap, and will soon be abundant, and even accurate.
Do we get immunity from exposure to this virus? Isn’t one of the horrors of this particular virus that your own immune response is the deadly part?I don’t know. My head spins with all the “information” I have read and heard about this thing. There are at least two strains (maybe five?) “L” is very bad; “S” not as bad. Which is it where you live? Does exposure to “S” give immunity to “L”?
You test because data are fun.
We hope the strain will eventually weaken. The instant cull with an intensive care overload is brutal.I’m listening to the President’s market-boosting chat: a long-wait test is probably worse than useless. It will have to be as instant as possible, with a self-quarantine until the results come in.
“If you are not elderly and don’t have an underlying health issue, you will most likely not experience this as anything different than the flu”
NOT TRUE!
Twitter is full of accounts by Italian doctors who are in the belly of this beast and they are saying the first wave of patients was indeed elderly but following waves have larger and larger percent of younger patients, and most have NO underlying health issues.
Some hospitals are so overrun they are not treating those over 60 so they can save those younger patients.
They tried to distribute their case over flows to other parts of Itly but the tide of new cases has swamped even the other hospitals. It’s like battlefield triage.
One Italian doctor said if you only have 3,000 ventilators in the region and 6,000 cases, very hard decisions have to be made.
A large number of the doctors and nurses are now sick, even having used protection, and they are exhausted and demoralized.
Dr. Daniele Macchini
Dr Giacomo GrasselliThis was 3 days ago, it’s worse now
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