In America, week after week, the state of Florida receives the media spotlight for the recent spike in coronavirus cases, while New York’s Governor Andrew Cuomo receives high praise from the Presstitutes for his skills in fighting the COVID War. Ignored by them is that of a population of 19.5 million, some 33,000 New Yorkers...
Author: support
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COVID KILLS COLLEGE FOOTBALL
Nothing is more “American” than Big Ten College football. The annual highlight of this popular midwest football conference is the Ohio State-Michigan contest every November, often referred to as “The Game.” Michigan has won 11 national titles; Ohio State has won eight. Their annual rivalry, which began in 1897, has been a sports highlight for...
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U.S. SCHOOL UPDATE: CONFUSION REIGNS
In June, the American Academy of Pediatrics recommended “having students physically back in school.” Yet, as the school season begins, the debate rages on whether to reopen schools or have students learn online at home. A handful of states such as Georgia, Indiana, Louisiana, Mississippi, and Tennessee recently allowed students to attend classes, but after...
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COVID WAR: GOING CRAZY
The media is fond of using war metaphors and martial, drum-beating language to describe the fight to stop the spread COVID-19 terror. But little attention has been paid to the adverse effects psychologically, particularly to children, as a result of the hard lockdowns still being imposed around the world. A study of these adverse effects...
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GLOBAL ECONOMIC TRENDS
BRITISH ECONOMY PLUMMENTS 20 PERCENT IN SECOND QUARTER. Britain’s economic output dropped 20.4 percent in the year’s second quarter compared to the first, marking both the country’s largest quarterly drop and its worst recession on record since 1955. The British economy has shrunk to the size it was in 2003. Annualized, the rate of contraction...
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N.Y. NURSING HOME COVID DEATHS: CUOMO CAN’T COUNT
Over and over, again and again, as we have been reporting each week since the coronavirus hit Italy in late February, the vast majority of the people dying from the virus are those suffering from pre-existing chronic health conditions such as Type 2 diabetes, obesity, heart disease, lung and respiratory ailments… and people in elder...
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SMALL BUSINESSES DISAPPEARING BY THE THOUSANDS
About 800 small businesses – defined by the Small Business Administration as having no more than 1,500 workers or less, depending on the sector – have gone bankrupt from mid-February through 31 July. The American Bankruptcy Institute expects the 2020 total could be up 36 percent from last year. The number of businesses permanently shutting down,...
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MORE MELBOURNE MADNESS
As reported in the Trends Journal last week, the once-bustling city of Melbourne was locked down because the state of Victoria had 735 new coronavirus cases. To date, in a country of some 6.3 million people, 334 have died of the virus or 0.0053 percent of the population. Nationally, 421 people in a country of...
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FINANCIAL FRANKENSTEIN 2020
Allow me to define the current global financial situation: It’s a monster that, at one point, will swallow the Earth. Fact: never in the history of the financial markets have greater distortions existed than today – nothing even comes close. We are living in a distorted reality. Massive malinvestment has run rampant for over a...
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U.S. MARKETS FRONT
Today, marking its fastest recovery in history, the S&P 500 broke above its all-time high that was set in February before government lockdowns sent the broader market index tumbling. The NASDAQ also hit a record high today, but the Dow was down 66 points. As we have continually noted, there is no relationship between Wall Street and...