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EUROPE: MONEY PUMPING 2020

Governments across Europe are putting together bailouts for industries and workers harmed by the coronavirus’s economic shutdown. Germany’s government announced a plan to help suffering businesses and will make investments totaling €12.4 billion. The plan will make cash available to strapped businesses and pay workers for a short while in some jobs. The Bank of...

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CENTRAL BANKSTERS RUNNING DRY

After refusing at its 12 March meeting to cut interest rates deeper into negative numbers, the European Central Bank (ECB), has few tools left to keep propping up the Eurozone’s economy. ECB president Christine Lagarde admitted the negative interest rates “have significantly reduced the scope” to cut rates deeper. Even if the bank were to...

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OIL: PRODUCE MORE MAKE LESS

Although oil prices rose more than 5 percent on Friday after President Trump said the Department of Energy would buy crude to pump into the nation’s oil reserves, on the week, oil prices tanked some 24 percent, its deepest price plunge since the 2008 financial crisis. Yesterday, as the equity market tanked across the globe,...

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BUSINESS CASUALTIES

Early estimates have forecast that the coronavirus will cost the global economy at least $2.7 trillion, a figure that seems more and more conservative as the panic grows. The losses will be spread across all sectors in virtually all countries. Among the hardest hit: Airlines. Millions of flights already have been canceled around the world....

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THE FED’S MONEY-JUNKIE FIX

As Trends Journal subscribers know, for the past year, despite mainstream economic forecasts to the contrary, Gerald Celente had predicted U.S. interest rates would be at negative to zero by October 2020. Now, in an emergency action to save crashing equities, on Sunday, the Fed cut its interest rate by 100 basis points, leaving the...

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THE “GREATEST DEPRESSION” HAS BEGUN

The coronavirus hysteria sweeping the globe has changed the course of history. Politicians around the world, a.k.a. the supreme commanders of the human race, have shut down the global economy… crashing it. Nothing close to this has ever been witnessed in the history of the world. It is promoted by the media and accepted by...

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