Archive for the 'Economy' Category

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Bankruptcy Looms Over U.S. Energy Industry, from Oil Fields to Pipelines

April 22nd, 2020

Just 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, 2020

Via: 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, 2020

Via: Truthstream Media:

Oil Gaps Down, Low Demand, Storage Running Out

April 20th, 2020

Update: 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, 2020

Via: 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, 2020

I’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, 2020

Via: Next News Network:

Traders Storing Record Amount of Oil on Tankers

April 17th, 2020

Via: Reuters: Traders are storing an estimated record 160 million barrels of oil on ships – double the level from two weeks ago as they seek to tackle a glut of stocks created by a slide in global demand from the coronavirus, shipping sources say. … The crude market is currently trading in what is […]

The Swine Flu Vaccination Fraud of 1976

April 16th, 2020

Via: 60 Minutes: Related: Ron Paul: People ‘Should Be Leery About’ a Coronavirus Vaccine

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