Archive for the 'Economy' Category
Will Covid-19 Speed Up the Use of Robots to Replace Human Workers?
April 24th, 2020Via: BBC: For better or worse the robots are going to replace many humans in their jobs, analysts say, and the coronavirus outbreak is speeding up the process. “People usually say they want a human element to their interactions but Covid-19 has changed that,” says Martin Ford, a futurist who has written about the ways […]
565 Americans Have Lost Their Jobs For Every Death With COVID-19 In The U.S.
April 23rd, 2020Via: ZeroHedge: And as we noted previously, what is most disturbing is that in the last five weeks, far more Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession… (22.13 million gained in a decade, 26.46 million lost in 5 weeks) Related: “Largest And Most […]
Bankruptcy Looms Over U.S. Energy Industry, from Oil Fields to Pipelines
April 22nd, 2020Just print more trillions. Via: Reuters: U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they struggle under heavy debt loads and a dual supply/demand shock in the worst crisis the oil industry has faced.
Small Business Rescue Earned Banks $10 Billion In Fees
April 22nd, 2020Via: NPR: Banks handling the government’s $349 billion loan program for small businesses made more than $10 billion in fees — even as tens of thousands of small businesses were shut out of the program, according to an analysis of financial records by NPR. The banks took in the fees while processing loans that required […]
The Characteristics of an Initiation Ritual
April 22nd, 2020Via: Truthstream Media:
Oil Gaps Down, Low Demand, Storage Running Out
April 20th, 2020Update: Oil Trading Negative I thought there was a problem with the data. Nope. ZeroHedge is reporting it: Front-Month WTI Crude Crashes Below Zero For First Time Ever — Update: Penny Via: CNBC: West Texas Intermediate crude for May delivery tanked 98%, or $18.04, to trade at 19 cents per barrel, its lowest level on […]
Dr. John Ioannidis, COVID-19 Serology Study: Fatality Rate Similar to Flu
April 19th, 2020Via: Medrxiv: A hundred deaths out of 48,000-81,000 infections corresponds to an infection fatality rate of 0.12-0.2%. If antibodies take longer than 3 days to appear, if the average duration from case identification to death is less than 3 weeks, or if the epidemic wave has peaked and growth in deaths is less than 6% […]
Lies, Damned Lies and Coronavirus Statistics
April 18th, 2020I’ve already posted much of this, but it’s a very good summary. Via: Corbett Report:
*wink* “This is the first time a bat has been featured on a U.S. coin.” *wink*
April 18th, 2020“This is the first time a bat has been featured on a U.S. coin.” Via: TreeHugger: “It’s money with a message”
Dr. Rashid Buttar Blasts Gates, Fauci
April 17th, 2020Via: Next News Network:
