Mar 082020
 
The Virus is a Time Machine

Heinrich Hofmann Christ and the Rich Young Man 1889   Around mid-January I started including coronavirus news in the daily Automatic Earth “Debt Rattle” news aggregators, and wrote the first essay on the topic on January 29. Tons of people since have asked why, but I thought the virus had “potential”. Though not everybody would agree, I still think that. So the Debt Rattles are full of coronavirus these days. For a proper understanding, we must remember that China was

Read More...
Mar 082020
 
Debt Rattle March 8 2020

Unknown Daniels-Wells Pontiac, 3055 Broadway, Oakland CA 1938   • Strongest Evidence Yet That America Is Botching Coronavirus Testing (Atl.) • US Airport Screeners, Health Workers Plagued By Fear And Anger (R.) • One Tests Positive After Conference Also Attended By Trump, Pence, Pompeo (X.) • Nebraska Woman Rushed To Bio-Containment Unit In Specialized Isolation Pod (DM) • Italy To Quarantine Whole Of Lombardy Due To Coronavirus (O.) • Quarter Of Italy’s Population Put In Quarantine (O.) • Head Of

Read More...
Mar 072020
 
Debt Rattle March 7 2020

John Vachon Trucks loaded with mattresses at San Angelo, Texas Nov 1939   • How America Can Beat COVID-19 (Galbraith) • Don’t Test, Don’t Tell: The Bureaucratic Bungling of COVID-19 Tests (Ben Hunt) • Coronavirus Matters, The Stock Market Doesn’t (IC) • Not Enough Face Masks Are Made In America To Deal With Coronavirus (NPR) • US Excludes Chinese Face Masks, Medical Gear From Tariffs (R.) • Virus Concerns Drag Down Wall Street, But Indexes Eke Out Weekly Gains (R.)

Read More...
Mar 062020
 
 March 6, 2020  Posted by at 11:22 am Finance Tagged with: , , , , , , , , , , , ,  25 Responses »
Debt Rattle March 6 2020

Russell Lee Proprietor of small store in market square, Waco, Texas Nov 1939   • China Pharma Exports Cut Would “Plunge US Into Mighty Sea Of Coronavirus” (ZH) • Coronavirus Could Erase $211 Billion From Asia-Pacific Economies – S&P (R.) • South Korea Protests Japan Travel Curbs As Corona Ignites Diplomatic Row (R.) • Vietnam Able To Make 10,000 Coronavirus Test Kits Per Day (VnE) • Boeing 737 MAX Certification Flight Could Come Within ‘A Few Weeks’ (R.) • Trump

Read More...
Mar 052020
 
Debt Rattle March 5 2020

DPC Mott Street, Chinatown, New York c1900   • Wuhan Coronavirus Infections Spike (R.) • Chinese Scientists Identify Two Strains Of The Coronavirus (CNBC) • On The Origin And Continuing Evolution Of SARS-CoV-2 (NSR) • Official US Coronavirus Numbers Are Wrong, and Everyone Knows It (Atl.) • Flybe, Europe’s Largest Regional Airline, Collapses (G.) • California-Based Cruise Ship Quarantined Off Pacific Coast (Pol.) • Purell For $400? US Lawmaker Urges Amazon To Tamp Down Price Gouging (R.) • The Greatest

Read More...
Mar 042020
 
Debt Rattle March 4 2020

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:

Read More...
Mar 032020
 
Debt Rattle March 3 2020

Ben Shahn Quick lunch stand in Plain City, Ohio 1938   • Italy Has Exported Cases Of Coronavirus To 24 Countries – WHO (TMZNaija) • China Manufacturing Collapse Confirmed By Private Sector Factory Survey (SCMP) • China Reports Surprising Rail Freight Growth In February (SCMP) • A Modern Jubilee As A Cure To Financial Ills Of Coronavirus (Steve Keen) • This Ain’t No Fooling’ Around (Kunstler) • Tucker Carlson On Dems’ Biden Push: ‘They’re Pushing A Defective Product’ (Fox) •

Read More...
Mar 022020
 
Debt Rattle March 2 2020

John Vachon Big Four Cafe, Cairo, Illinois 1940   • China Leaves Asymptomatic Patients off Coronavirus Infection Tally (Caixin) • Epidemic Won’t Spark Financial Crisis In China (Global Times) • CDC Retesting Patient After Testing Negative, Being Released (KSAT) • CDC Testing Limits May Have Delayed Coronavirus Response (HP) • US Agency Investigating Production Of Faulty Coronavirus Test Kits (R.) • Murder Probe Sought For South Korea Sect At Center Of Coronavirus Outbreak (R.) • China Gives Relief to Shield

Read More...
Mar 012020
 
Grab Your Bits and Shoulder Your Kits, We're Going In!

John Waterhouse Diogenes 1882     This is a new essay from Alexander Aston. He describes how once the world has passed through the -narrow- bottleneck of the coronavirus and its effects on our societies, which are long overdue for a redo, and on the central bank-engineered distortions of the markets that are -make that were- supposed to be the foundation that allowed us to flourish, there will be a better world waiting. I’m all for it, and I have

Read More...
Mar 012020
 
Debt Rattle March 1 2020

Arthur Rothstein Accident on US 40 between Hagerstown and Cumberland, Maryland 1936       • HK Coronavirus Outbreak Not At Peak: Gabriel Leung (RTHK) • Indonesia’s Frontline Hospital Defends Policies To Tackle Coronavirus (R.) • Don’t Test, Don’t Tell! (Ben Hunt) • Markets Expected To Fall Further As Coronavirus Hits China’s Economy (G.) • China Pollution Clear Amid Coronavirus Slowdown (BBC) • Bernie Sanders Looks To Blow Away Rivals On Super Tuesday (G.) • US and Taliban Ink Afghanistan

Read More...