Opening of Golden Gate Bridge May 27 1937 • $1,200 Stimulus Check, Eviction Moratorium, and Reduced Unemployment Aid (ZH) • Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush (R.) • Lockdown Has Made The Nation Happier – Study (Ind.) • Vietnam Orders Evacuation Of 80,000 People After Three Test Positive (Ind.) • Spain’s COVID19 Death Toll Could Be 60% Higher Than Reported – El Pais (RT) • The $52 Trillion Bubble That Has “Hijacked China’s Economy”
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Elaine de Kooning Fairfield Porter #1 1954 It won’t come as a surprise to anyone that the first half of 2020 has brought, among many other things, renewed calls for the demise of the US dollar. It’s been pretty much a non-stop call for over a decade now, and longer. But this time, like all previous ones, I’m thinking: I don’t see it. I guess my first question is always: please explain why the dollar would collapse before
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Dorothea Lange Youngest little girl of motherless family, Toppenish, Yakima Valley WA 1939 • The Key To Defeating COVID19 Already Exists. We Need To Start Using It (NW) • Over 40% Of US Adults Are Susceptible To Severe COVID-19 (ZH) • UK Quarantines Travellers From Spain In Sudden Blow To Europe’s Revival (R.) • Australia Reports Jump In Daily New Cases, Record Deaths (R.) • US Renters Brace For Evictions As Moratorium Ends (Pol.) • Mass Evictions Set To
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Dorothea Lange for the Resettlement Admin. On highway No. 1 of the ‘OK’ state, Muskogee County, Oklahoma. Seven children and eldest son’s family 1938 • CDC: 35% of Non-Hospitalized COVID19 Patients Have Long-Term Illness (NBC) • Fauci: I Would Not Get On A Plane Or Eat Inside A Restaurant (MW) • Hunger, Lack of Vaccine Could Trigger New Migration Wave – Red Cross Chief (RT) • Supreme Court Rejects Church Challenge To Nevada COVID Restrictions (Solomon) • Judge Refuses
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Vincent van Gogh Branches Of An Almond Tree In Blossom in Red 1890 • Coronavirus Traveled Nearly 30 Feet At German Slaughterhouse (ZH) • US Clears Way For Drugmakers To Share COVID Antibody Capacity (R.) • Over 30 Million Americans About to Lose $600 in Unemployment Benefits (Mish) • More Than 1,000 People At Twitter Had Ability To Aid Hack Of Accounts (R.) • How the Child Care Crisis Will Distort the Economy for a Generation (Pol.) • Georgia’s
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Constantin Brancusi Portrait of George 1911 Last week, Tyler at Zero Hedge ran an article from a site called Adventures in Capitalism, in which the writer (Kuppy?!) lets his light shine on the CIVD19 situation. He concludes that we’re all going to get it, it’s no use resisting, there will never be a vaccine and herd immunity is all we have left to hope for. And I was thinking: what if he’s -largely- right? What if the utter
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Berenice Abbott Triple Bridge New York 1950 • Biden Labels Trump First Racist US President (R.) • Biden Just Made A Big Promise To His Wall Street Donors (Sirota) • US House Votes To Banish From Capitol Statues Of Who Championed Slavery (R.) • America’s Problem With Policing Doesn’t Stop at the US Border (IC) • COVID19 Vaccines With ‘Minor Side Effects’ Could Still Be Pretty Bad (Wired) • Sweden Hoped Herd Immunity Would Curb COVID19 (25 Swedish Doctors,
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Ben Shahn for the Farm Security Administration Daughter of Virgil Thaxton, farmer, near Mechanicsburg, Ohio 1938 • It Has Become Clear Elimination Of The Virus Is The Best Option (Age) • Antibodies From Mild COVID-19 Infections Could Disappear Within A Year (CBS) • Yale Epidemiologist: Hydroxychloroquine Could Save 100,000 Lives (ZH) • Moderna, Merck Won’t Limit Price Of Coronavirus Vaccines To Company Cost (R.) • Our History Is A Battle Against The Microbes (Roser) • N.Y, N.J, Conn. Expand
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LOOK Detroit’s 1960 look. Sneak preview of the new models, Dodge Polara 1959 • Chinese and UK Vaccine Trials Produce Immune Responses (SCMP) • Reality Winner, 500 More Women Test Positive For COVID-19 in Texas Prison (D.) • US Autonomy Act Opens ‘Pandora’s Box’ For Hong Kong Dollar Peg (SCMP) • Jack Ma’s Ant IPO Signals Start Of De-Dollarization (Xe Yie) • EU Leaders Seal Deal On Spending And €750bn COVID19 Recovery Plans (G.) • No One’s Flying, Millions
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Jack Delano “Lower Manhattan seen from the S.S. Coamo leaving New York.” 1941 • Are Mutations Making Coronavirus More Infectious? (BBC) • When The US Sneezes, The World Catches A Cold. Now It Has Severe COVID19 (R.) • S&P Says Governments Must Spend To Support Coronavirus-Hit Economy (CNBC) • Global Banks Scrutinize Their Hong Kong Clients For Pro-Democracy Ties (R.) • Global Real Estate Investment Plunges 33% Amid Covid Pandemic (BBC) • Global Air Travel Demand Won’t Recover Till
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