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Author: support
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Kennedy Financial w/Gregory Mannarino (5.01.20)
https://www.youtube.com/watch?v=7guU4gHlVbI&feature=youtu.be
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NO LOCKDOWNS, NO PANDEMIC
As previously reported in the Trends Journal, Sweden was one of several nations that did not impose any official lockdown orders on its population. The government did suggest citizens practice social distancing and use their judgment to slow the spread of COVID-19, but all restrictions were voluntary rather than top down government control. Elementary schools have remained open....
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GLOBAL ECONOMIC COLLAPSE “UNPRECEDENTED”
Economic activity in the U.S., Europe, and Japan simultaneously crumbled at a rate never before seen. The rate of businesses going dark and workers losing their jobs has led JPMorgan Chase to forecast the U.S. economy contracting in this year’s second quarter at an annualized rate of 40 percent, Japan’s by 35 percent, the Eurozone’s...
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NOTES FROM THE FRONT LINES
Tourists stay home. Tourists have disappeared from Europe and are planning to stay away as the summer season begins. Valencia, Spain’s third largest city and a beachgoers’ mecca, saw 95 percent of its summer hotel bookings cancel between mid-March and mid-April. Resorts are standing virtually empty across the Caribbean region, where tourism employs 2.5 million...
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