The coronavirus is killing more jobs, businesses, and industries than people. In America alone, some 43 percent of people are now locked down. While the International Labor Organization projects some 25 million people will be out of work worldwide over the next several months, with income loss from $860 billion to $3.4 trillion, we forecast a much sharper loss of...
U.S. MARKETS
On Monday, the Dow Jones Industrial Average continued its sell off, falling another 582 points, or 3 percent, erasing three years of gains and was on pace to clinch its worst calendar month since 1931. The S&P 500 dropped 2.9 percent, down more than 30 percent from a record close set on 19 February. Analysts blamed the losing day on...
COVID-19 SPREADS GOVERNMENT SURVEILLANCE
Taking advantage of the coronavirus scare, Congressional and Justice Department moves are being proposed to give government more control of the private lives of citizens. The Senate Judiciary Committee is recommending passage of the “Earn It” bill, co-sponsored by Republican Senator Lindsey Graham and Democratic Senator Richard Blumenthal. Provisions in this bill allow the government to sue any website that...
MAKING CANCER CELLS POISON THEMSELVES
by Bennett Daviss What if every time you flushed your toilet, it emptied into your food supply? Researchers at the Institute of Basic Sciences in South Korea have found a way to do the same for cancer cells. The parts of cells that take out the trash are called lysosomes. In cancer cells, they’re more vulnerable to disruption that other...
3D PRINTING A THOUSAND TIMES FASTER
by Bennett Daviss 3D printing is revolutionizing the manufacture of everything from jet engine parts to artificial human organs – or at least it has the power to if it wasn’t so slow. Now engineers at the Chinese University of Hong Kong have collaborated with colleagues at the Lawrence Livermore National Laboratory to develop a technique that speeds 3D printing...
COVID-19 = VICTORY GARDENS 2.0
by Amber Freda With nations in lockdown and a ban on all “non-essential” work sweeping the globe, hundreds of millions suddenly have a lot of free time on their hands. And with masses out of work, short on cash, and millions wanting to improve their health, planting a vegetable garden is not only practical, but also enjoyable for those who want...
STAY HOME, EAT, AND DIE
With governments around the world ordering the shut down of schools, businesses, and cultural events combined with mandatory home sheltering, close to one billion people were confined to their homes over the weekend. On Sunday, Italy banned people from exercising outside, running, and cycling. In the U.S., where some 80 million people are being forced to stay home, the most...
FED RULES AMERICA
The U.S. Federal Reserve, as aptly noted by Pam and Russ Martens, “has just become a brand new national legislative body. It will, without any oversight in Congress, decide what corporation and business to save and which to let fail.” They note that “Wall Street’s mega banks and trading houses will, once again have trillions of dollars of toxic securities...
WORLD CHAMPION KILLER?
Beyond the wars launched by the United States and its allies that have killed millions; displaced tens of millions; and created epidemic levels of disease, starvation, and hardship for the scores of millions ignored by the media, politicians, and the general public… other, more serious health consequences caused by humans have killed and are killing millions more than a worse-case...
SOCIAL DISTANCING LAWS KILLING BUSINESS
With entire cities now locked down, industries closed, and consumers losing their paychecks as the COVID-19 governments force them to close down, the retail sector will be hit with “Greatest Depression” sale slumps. Key industries requiring face-to-face contact with customers are shutting down, leaving tens of millions of workers suddenly without paychecks. The legendary restaurant, Gotham Bar and Grill, which...