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It Starts: Seattle Fire Will Go Door To Door To “Adult Family” Homes Administer COVID-19 Vaccines

The government is about to bring the vaccine to your door. Seattle Fire Department paramedics will be going door to door starting Thursday to vaccinate “residents of adult family homes throughout the city.” They will start by going to “adult family homes.”

The city of Seattle was approved late last week as a distributor of COVID-19 vaccines, Mayor Jenny Durkan announced. “The City” refers to anyone employed and currently accepting a paycheck from the city government of Seattle.  Durkan framed the new push as the first in what will eventually be a major city effort to distribute the vaccine from sites spread throughout the city.

The Propaganda Is Non-Stop For The Beast System: No Travel Without The Vaccine

And just what, exactly, do you think will happen if you refuse the vaccine from a paramedic? An armed police officer will likely be there next to “follow the orders” of the mayor.  It’s begun.  “We have to get these shots out of refrigerators and into people’s arms,” the mayor said. “We hope that if we get steady supplies, we will stand up mass vaccination sites side by side with our testing sites.”

The city has, for months, operated four free drive-up coronavirus testing sites that, city officials said, have conducted more than 556,000 tests.

They are rolling out this vaccine almost as fast as troops piled up in Washington D.C. Wake up, folks.  It’s about to real and ugly. The Seattle mayor has also discussed setting up vaccine sites at schools.

“It will really have to be an all-hands-on-deck approach,” she said according to a report by EMS1. The mayor stressed that to reach the 70% vaccination rate of its adult population, King County will have to vaccinate 1.3 million people, giving out 2.6 million shots. “It is an undertaking that our country has never done before, not on this scale.”

Seattle Fire plans to complete the first round of vaccinations by Jan. 24 and the second dose by Feb. 21.

Since receiving vaccines in mid-December, the state has struggled to quickly vaccinate the most vulnerable people: long-term care residents and health care workers. CVS and Walgreens, which have been contracted to set up vaccine clinics at long-term care facilities, have fumbled scheduling vaccine clinics, after waiting weeks for state approval.

The Washington State Department of Health on Saturday approved Seattle Fire as a vaccine distributor. –EMS1

Vaccine Push Moves Forward As Tyranny Advances In America

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Kroger Won’t Require Employees to Be Vaccinated for COVID Even Though They Can

This article was originally published by B.N. Frank at Activist Post. 

Despite increasing COVID concerns and media coverage, not everybody wants to get a COVID vaccination, including health care workers who work in nursing homes.  It is reasonable to be skeptical of vaccine safety – especially ones that are still considered to be “experimental.”

CBS 60 Minutes segment, “The Swine Flu Fraud of ‘76” provides one very scary example of a vaccine having life-altering effects on thousands of Americans.  A documentary released last summer provides more details about a 30+-year-old congressional ruling regarding vaccine safety.  So maybe Kroger has the right idea about NOT forcing employees to be vaccinated.

From Consumer Affairs:

By Gary Guthrie

Kroger faces hard questions on whether it will force employees to vaccinate against COVID-19

The EOC says employers can mandate vaccinations, but there are a few exceptions

With vaccine availability starting to grow and new vaccines entering the market, hope for an exit from the funk COVID-19 has put us all in is starting to grow. But will the places we shop do their part and make sure all their employees are vaccinated and virus-free?

Headlining this puzzle are grocery chains where employees mingle with customers more than most other retail environments. Kroger, the country’s largest grocery company with 11 million customers a day roaming its aisles, stepped up to the mic on Wednesday to offer its position — kind of. While Kroger says it’s encouraging its workers to get vaccinated against the coronavirus, it’s waffling on whether it will require the shots once they are widely available.

“At this time, we’re strongly encouraging our shoppers and associates to get vaccinated,” Tim Massa, Kroger’s senior vice president of human resources and labor relations, told The Enquirer.

When The Enquirer pushed for a more definitive answer about mandating employee vaccination in the future, Massa didn’t give a direct yes or no and simply repeated his previous answer. Kroger executives were also mum on how they might reassure worried customers who might be unhappy that store associates weren’t required to be vaccinated.

Can retailers force employees to get vaccinated?

Read full article

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Italian Government On Verge Of Collapse Amid Battle Over EU COVID Relief

This article was originally published by Tyler Durden at ZeroHedge. 

Under the leadership of Premier Giuseppe Conte, Italy’s government has enjoyed a degree of stability unseen in decades, as the technocratic former law professor – initially brought in to lead a government formed by two anti-establishment parties, the anti-migrant League and left-wing populist Five Star Movement – Conte has already survived the collapse of his original coalition. When League leader Matteo Salvini withdrew from the ruling coalition back in 2019, Conte managed to stave off another election by recruiting new allies from the opposition.

Since then, Conte has led Italy through two COVID-19 lockdowns, and as the country lumbers forward, with much of its economy still paralyzed, the PM has his work cut out for him if he wants to get the country’s debt burden under control without resorting to punishing austerity measures (which, at this point, would probably spark a full-tilt revolution in the streets of Italy’s largest cities).

But as Italy staggers out of another COVID-19-induced-lockdown, the ruling coalition is once again at the point of fracture. After Salvini quit the ruling coalition back in the summer of 2019, Conte struck a deal with Matteo Renzi, the former prime minister, who later broke off from the Democrats and formed his own centrist group.

Well, now that Italy has finally received the €196 billion-euro ($240 billion) windfall from the European Union COVID bailout package, parliament must vote on how to spend the money. But since nothing is ever easy in Italy’s politically fragmented government, disagreements over spending priorities are prompting Matteo Renzi, a junior partner in the coalition, to consider abandoning the government, and thrusting it into chaos just as the relief package is being finalized.

According to Bloomberg, Italian President Sergio Mattarella (in Italy, the president plays a caretaker role) has extracted promises from Renzi that the political infighting won’t impact the relief package.

The latest government plan uses EU money to earmark €223 billion euros for investment and other projects to boost the Italian economy, which was already weak even before the pandemic, according to a draft seen by Bloomberg.

Spending on infrastructure including railways, highways, ports, and logistics totals €32 billion, while investment to make Italy’s economy greener totals €69 billion. Health spending, meanwhile, has been raised to €19.7 billion in what Bloomberg described as a concession to Renzi. But Renzi and his lawmakers have demanded Conte share more power with his coalition partners while speeding up public works projects (and giving up control of the secret services).

COVID has already heaped on more debt, and although the EU money will undoubtedly help, Italy is still dipping into its own pockets to fund some of the recovery measures.

Source: Bloomberg

Should Renzi pull two lawmakers backing the coalition in the Italian Senate (which, for those who aren’t familiar, has 321 seats, with 315 of them being elected, and the 6 others appointed “senators for life”), Conte would need to see if he can drum up enough support from opposition lawmakers to former a new governing coalition. If Conte can’t find the votes, Mattarella would have no choice but to call another snap election.

Fortunately for Conte, nobody – not even Renzi & Co. – really wants a new election. Recent reforms have reduced the number of seats in both houses of the Italian Parliament by 1/3rd, which means another election would prematurely force dozens of politicians into early retirement. Perhaps that’s why we haven’t seen a major blowout in BTP-Bund spreads, though yields on the 10-year BTP have reached the highest level since Dec. 8 as the yield climbed by a few basis points early Tuesday.

The move has widened the spread over bunds by 3bps to 109bps.

Still, we’re not seeing much of a reaction in Italian bonds, probably because investors have confidence in Conte. He’s currently leading his second government, despite never having been elected himself. And nobody wants to risk an election at a time when polls suggest voters would turn once again to Matteo Salvini and the League, which remain popular throughout the country, even in provinces once considered bastions of progressive politics in Italy.

Nicola Zingaretti, leader of the Democratic Party and a member of Conte’s ruling coalition, said Tuesday during an interview on Sky.

It’s the latest sign that the surprising stability that permeated Italian politics during the pandemic, as Italy became for a time the worst-hit country in Europe, was an aberration, and that the shroud of national unity is already dissipating.

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COVID Vaccine May Not Work Against The New “Mutant” Strain

Britain’s transport secretary has warned that the COVID-19 vaccines being rolled out may not work properly against the mutant variant of coronavirus first found in South Africa. So, do we all get to be injected with another rushed vaccine?

We really all should have known this was coming. Now Big Pharma can force more concoctions in our arms and rake in billions of dollars in the process while people suffer the devastating side effects of these things.

Speaking on Friday to LBC Radio, British Transport Secretary Grant Shapps said there was concern amongst the scientific community as to whether the vaccines produced will offer protection against new virus strains, according to a report by RT.  The South African variant is worrying the experts because it may be that the vaccine doesn’t respond in the same way or doesn’t work in quite the same way,” Shapps said. “This South African variant – this is a very big concern for the scientists.”

According to a laboratory study conducted by the US drug maker Pfizer, their Covid-19 vaccine still demonstrates efficacy against a key mutation in the highly transmissible new variants of the coronavirus discovered in the UK and South Africa.

The study by Pfizer and scientists from the University of Texas Medical Branch, which is yet to be peer-reviewed, suggested that the vaccine was effective in neutralizing the virus with the so-called N501Y mutation of the spike protein. –RT

At least 1.3 million people across the United Kingdom have received their first dose of either Pfizer or AstraZeneca’s vaccine.

The country has big plans to immunize 13.9 million people before mid-February. The media insists infection rates are soaring in these winter months and lockdown measures are ineffective at containing the new “more transmissible” virus variants. An estimated 68 million people live in the UK.

It sure looks like someone is going to come up with yet another vaccine…

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NY Governor Cuomo Threatens To FINE Hospitals For NOT Vaccinating At “Maximum Capacity”

Tyrant Governor Andrew Cuomo is threatening to fine hospitals if they don’t vaccinate people at “maximum capacity.”  Your personal choice to say “no” to this vaccine is being systematically removed by design.

So what does tyrant Cuomo consider “maximum capacity?” He thinks that means using up ALL of their vaccines by injecting them into people. Hospitals that don’t use up their supply of COVID-19 vaccines within a week of receiving them will be punished with hefty fines and barred from receiving further doses, New York Governor Andrew Cuomo has declared according to a report by RT.

Medical Journal: Get The COVID-19 Vaccine, Or Be Punished HARSHLY

In true tyrannical fashion, Cuomo said: “I don’t want the vaccine in a fridge or a freezer, I want it in somebody’s arm!” He made that comment during a Monday press conference, in which he added: “[Hospitals] have to move the vaccine, and they have to move the vaccine faster.” Hospitals received a letter on Sunday echoing the governor’s threat to punish them for not enforcing his tyranny and injecting people.

Cuomo has also said he won’t be taking this vaccine until black Americans and Hispanic Americans are vaccinated first. Make of that what you will…

So far, 300,000 vaccine doses have been administered in New York. Elderly care home residents and frontline workers are the first groups to receive the jab. The state hopes to have 85 percent of care home residents vaccinated by the end of the week in what seems to be an effort by Cuomo to compensate for his abysmal handling of the nursing home situation in the early months of the pandemic. Thanks to an executive order that forced nursing homes to admit coronavirus-infected patients, tens of thousands of New York’s elderly died with Covid-19. RT

Cuomo’s tyranny is never-ending and at this point, is only going quickly down a path of no return. Make no mistake, the goal is the enslavement of all humans by the very few. It’s past the point of putting things nicely.  If people don’t realize what’s going on soon, we are all going to go down with them.

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“Experts” Say 4.2 Million Americans Have Taken the COVID-19 Vaccine

According to mainstream media reports, 4.2 million Americans have taken the COVID-19 vaccine already. But “experts” and medical tyrants such as Dr. Antohony Fauci have said that more people need to take this vaccine.

“No excuses — we’re not where we want to be, but hopefully we’ll pick up some momentum and get back to where we want to be with regard to getting it into people’s arms,” Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said Sunday on NBC‘s Meet The Press.

More than 4.2 million people had been given the first dose of coronavirus vaccines as of Saturday morning and 13 million doses had been distributed, the US Centers for Disease Control and Prevention Covid Data Tracker said. The federal government had repeatedly promised 20 million people would have received their first shots by the end of the year. –CNN

Moncef Slaoui, the chief adviser for Operation Warp Speed, told CBS‘s Margaret Brennan Sunday that 17.5 million doses have been shipped and that the US federal government is optimistic they will be administered more quickly.

Head of Operation Warp Speed: The Goal Is To Immunize The U.S. Population By 2021

Currently, the vaccines are only going to healthcare workers and long-term care patients, but eventually, officials hope to distribute them to the wider public.

Medical Journal: Get The COVID-19 Vaccine, Or Be Punished HARSHLY

Fauci has already promised that this vaccine will be mandated, although not through the government. It would be needed to attend school, or go to a hospital and for those who want to travel. Basically, we’d be under a fascist system where the government doesn’t have to do anything except pay private companies to enforce their draconian enslavement of mankind.

This tyranny is far from over, and they have already moved the goalposts when it comes to this vaccine.  We aren’t going back to “normal.” It’s up to us, though, just how enslaved we are willing to be.

They Moved The Goalposts…AGAIN!: “It’s Not Over When The Vaccine Arrives”

This has never been about health, it has always been about control. Unfortunately, not enough Americans have the level of consciousness required to discern what’s really going on here.

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Fauci Is “Sure” COVID Vaccine Will Be MANDATORY For School or Travel

Among other things, Dr. Anthony Fauci, one of the United State’s head tyrants trying to usher in the New World Order, is “sure” that the COVID-19 vaccine no one wants will be mandatory for school or traveling. Institutions could “mandate” the vaccine for the government, so they literally won’t have to write it into policy.

Institutions like hospitals and possibly schools will mandate that a person receives a COVID-19 vaccination, Dr. Anthony Fauci predicted. “I would not be surprised, as we get into the full scope of [COVID-19] vaccination, that some companies, some hospitals, some organizations might require [COVID-19] vaccination,” he said in an interview with Newsweek.

There has already been quite a bit of talk on how to “punish” those who decide they don’t want this concoction swimming around in their veins.

Medical Journal: Get The COVID-19 Vaccine, Or Be Punished HARSHLY

“I’m not sure [the vaccine is] going to be mandatory from a central government standpoint, like federal government mandates,” he said. “But there are going to be individual institutions that I’m sure are going to mandate it.”

Fauci pointed to his own experience with the National Institutes of Health, which mandates all employees and contractors receive yearly influenza and Hepatitis B vaccines. “I have to get certified every year,” he told Newsweek. “If I didn’t, I couldn’t see patients. So in that regard, I would not be surprised, as we get into the full scope of [COVID-19] vaccination, that some companies, some hospitals, some organizations might require [COVID-19] vaccination.”

Fauci also said schools will be mandating to vaccine too and it is also “quite possible,” he said, that the vaccine will be required for travel to and from the United States. “Everything will be on the table for discussion” within the incoming Biden administration, he said. The Biden transition team did not immediately respond to a request for comment.

The decision to standardize the vaccine as a travel requirement is not one that Fauci can make, he said. But he thinks it would be a smart move, he told Newsweek.

“Yellow fever’s a good example. So we, in this country, don’t require [people] to get a yellow fever vaccine when you go [to] some place. It’s the place to which you are going that requires it,” he said. “I went to Liberia during the ebola outbreak. I had to get my yellow fever vaccine or they would not let me into Liberia.” –Yahoo News

U.S. Has Vaccinated 2.1 Million People So Far

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The United States Has Become A Banana Republic

This article was originally published by Michael Snyder at The Economic Collapse Blog. 

If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S. dollars.  I know that sounds absolutely crazy, but it is true.  Once the COVID pandemic hit the United States, those that control the levers of power in this country decided to go “full Weimar” and they never looked back.

As a result, the size of our money supply is rising at a rate that would have been unimaginable just a few short years ago.  To illustrate what I am talking about, I would like for you to check out this chart that was posted on Twitter by James Turk.  As you can see, M1 was up by more than 50 percent in 2020.

We’ve never had a year like that in all of U.S. history.  What we are doing is literally insane, but most Americans aren’t even aware of what is happening because the mainstream media isn’t talking about it.

If you are not familiar with “M1”, here is a definition that comes from Investopedia

M1 is the money supply that is composed of physical currency and coin, demand deposits, travelers’ checks, other checkable deposits, and negotiable order of withdrawal (NOW) accounts. M1 includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash. However, “near money” and “near, near money,” which fall under M2 and M3, cannot be converted to currency as quickly.

When new money enters the system, every dollar that you are currently holding becomes less valuable.

And if your paycheck does not rise at the same rate that the money supply is rising, that means that your paycheck becomes less valuable as well.

It is helpful to think of our money system as a pie.  When more dollars are added to the pie, your share of the pie steadily becomes smaller.

So who does benefit when the pie is expanded?

The ultra-wealthy do, and I will discuss that more below.

But first, I wanted to share another chart with you.  The first chart from James Turk showed how M1 has been rising on a percentage basis, and this next chart which comes directly from the Federal Reserve shows how M1 has been rising on an absolute basis…

Just look at that for a moment.

It truly is breathtaking.  M1 has literally been rising at almost a vertical rate, and it makes all of the inflation that has come before look almost meaningless.

This is why the stock market keeps hitting record high after record high.  Stocks started to crash when COVID first started to spread in the United States, and the Federal Reserve decided to do whatever was necessary to rescue the markets.  The “unprecedented” response that we witnessed ended up being “a key driver of billionaire wealth” in 2020…

A key driver of billionaire wealth concentration was the unprecedented monetary policy response to stabilize financial markets in the early days of the pandemic, which spurred the stock market’s gravity-defying rise. When Wall Street was on the verge of panic in March, the Federal Reserve intervened with the promise of low rates and an open-ended liquidity spigot.

In addition, Congress just kept passing “stimulus package” after “stimulus package” in a desperate attempt to “rescue” the economy.

But in the process, they borrowed and spent trillions of dollars that we did not have, and that also helped to fuel our transition into hyperinflation.

The good news is that hyperinflation is not showing up at the grocery store or at Walmart yet.  Eventually, it will happen, but so far consumer prices are just rising at a pace that is quite a bit brisker than usual.  Where we are seeing hyperinflation is in stock prices, high-end real estate in rural and suburban areas, and in other areas of the economy that the ultra-wealthy have been pouring their money into.

Despite the fact that we just endured one of the worst economic years in U.S. history, 2020 was actually a banner year for billionaires

Between roughly mid-March and Dec. 22, the United States gained 56 new billionaires, according to the Institute for Policy Studies, bringing the total to 659. The wealth held by that small cadre of Americans has jumped by more than $1 trillion in the months since the pandemic began.

According to a December report issued jointly by Americans for Tax Fairness and the Institute for Policy Studies using data compiled by Forbes, America’s billionaires hold roughly $4 trillion in wealth — a figure roughly double what the 165 million poorest Americans are collectively worth. The 10 richest billionaires have a combined net worth of more than $1 trillion.

Last year the rich got a whole lot richer, and the poor got a whole lot poorer.

As I discussed the other day, 2020 was a “personal financial disaster” for 55 percent of all Americans.  The year ended with close to 20 million Americans still receiving government unemployment benefits, and poverty and homelessness have been exploding all around us.

In some cases, people were waiting in lines that were up to 12 hours long just to get a couple of bags of groceries at food banks around the nation.  We haven’t seen anything like this since the Great Depression of the 1930s, and many are expecting things to get even worse in 2021.

And with each passing day, more businesses are closing and more Americans are being laid off.

The retail sector has been hit particularly hard.  The following comes from Axios

Malls are going belly up. Familiar names like J.C. Penney, Neiman Marcus and J. Crew have filed for bankruptcy. Increasingly, Americans’ shopping choices will boil down to a handful of internet Everything Stores and survival-of-the-fittest national chains.

And what we have experienced so far is just the tip of the iceberg.  One recent report projected that “100,000 brick-and-mortar U.S. retail stores will close by 2025”

A research report from UBS predicts that 100,000 brick-and-mortar U.S. retail stores will close by 2025, in a trend that started before the pandemic and has accelerated amid coronavirus-related shutdowns.

Our national landscape is already littered with abandoned stores and restaurants, and they are telling us that it is only going to get worse.

What is our country going to look like as this process plays out?

Of course our authorities will just respond to every new crisis by printing even more money.

That is what they did down in Venezuela, and now just about everyone in Venezuela is a millionaire.

But most of those “millionaires” are living in crushing poverty because the money is absolutely worthless.

Sadly, many other countries are doing the same thing that the U.S. is doing, and so this hyperinflationary spiral is not likely to end any time soon.

But let there be no doubt that we are also in a global economic depression.  Global GDP is about 8 percent lower than it was before the pandemic started, and the outlook for 2021 does not look promising at all.

If you think that there is a way for this economic story to end well, just go back and look at the M1 chart from the Federal Reserve one more time.

Every other time this has been tried in human history, the story has ended badly.

Our story is going to end badly too, and every American needs to get prepared to survive in a very painful hyperinflationary environment.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

 

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2020 Ends With Around 20 Million Americans Still On Jobless Benefits

This article was originally published by Tyler Durden at ZeroHedge. 

The total number of Americans on government unemployment benefits ended in 2020 just below 20 million. 2019 ended with just 2 million on jobless claims…

Source: Bloomberg

Initial claims dropped on the week, back below 800k (787k vs 835k exp and 806k prior)..

Source: Bloomberg

After big drops last week, California (and New York) top the states with the biggest increase in jobless claims (as lockdowns accelerated), while Illinois and Pennsylvania topped the biggest improvers (though Illinois’ plunge seems like a huge outlier)

Continuing claims continue to slide as Pandemic Emergency Claims rise (and thanks to the latest COVID Relief Bill, will be extended)…

Source: Bloomberg

Let’s hope 2021 gets better…

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Swiss Patient Dies Shortly After Receiving Pfizer COVID Vaccine

This article was originally published by Tyler Durden at ZeroHedge. 

After an Israeli man reportedly died just 2 hours after receiving his first dose of the COVID-19 vaccine, authorities in the Swiss Canton of Lucerne said on Wednesday that one of the first people in the country to receive the vaccine has died, though whether his death had anything to do with the inoculation hasn’t yet been determined.

The canton has yet to release any additional details about the exact amount of time that passed between the inoculation and the man’s death.

WHO Chief Scientist: There Is NO EVIDENCE That The Vaccine Will Prevent Infection

Vaccine Trial Participants Warn: Side Effects After Second Shot Are “Intense”

Lucerne was the site of the first vaccinations in Switzerland beginning last week, with a shot from Pfizer and its German partner BioNTech given primarily to elderly people. Switzerland has received 107K vaccine doses, so far, and expects to get 250K per month starting next year.

Pfizer and BioNTech’s vaccine is the only vaccine approved, so far, in Switzerland. The EU has just started approving the jabs on an emergency-use basis, with the first injections starting earlier this week.

Doctors Say The CDC Should “Warn” People About COVID-19 Vax Side Effects

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Nurse Who Took COVID-19 Vaccine Tests Positive For COVID-19

It’s still 2020, and you cannot make this stuff up.  A nurse who has already taken the COVID-19 vaccine has tested positive for the COVID-19 virus over a week after taking the vaccine that is allegedly supposed to prevent this “disease”.

According to a report by NCTV, Matthew W., a nurse at two different local hospitals, said in a Facebook post on December 18 that he had received the Pfizer vaccine. He went on to tell the ABC News affiliate that his arm was sore for a day but that he had suffered no other side-effects. Until now.  Now, the side effect of the COVID-19 vaccine appears to be COVID-19.

Six days later on Christmas Eve, he became sick after working a shift in the COVID-19 unit, the report added. He got the chills and later came down with muscle aches and fatigue.

He went to a drive-up hospital testing site and tested positive for COVID-19 the day after Christmas, the report said.

Christian Ramers, an infectious disease specialist with Family Health Centers of San Diego, told the ABC News affiliate that this scenario was not unexpected. –NCTV

So did the World Health Organization doctor finally tell the truth?

WHO Chief Scientist: There Is NO EVIDENCE That The Vaccine Will Prevent Infection

If you’ve been paying attention, you know by now that this vaccine has nothing to do with health or prevention of disease, and everything to do with control and manipulation of the mass of humanity.

But the authoritarians say that the nurse just needs a second shot of this DNA altering vaccine and then he’ll be protected from COVID-19.  “We know from the vaccine clinical trials that it’s going to take about 10 to 14 days for you to start to develop protection from the vaccine,” Ramers said. “That first dose we think gives you somewhere around 50%, and you need that second dose to get up to 95%,” Ramers added.

Notice the use of the words “we think”? They don’t know. And they don’t care. They just need everyone to line up for two shots. Anyone who somehow still believes this vaccine was created for a statistically irrelevant virus to protect them from the .05% chance of dying so they can have a much bigger chance when taking this vaccine may be a lost cause at this point.  If you haven’t figured this out yet, you may never do so.

ENTRAPMENT: Globalists Plan GREAT RESET!

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More COVID Nonsense: South Africa Bans Liquor Sales To Stop The Spread Of The Virus

So, the virus spreads on liquor bottles now? South Africa has banned the sale of all alcohol and closed all bars Monday. President Cyril Ramaphosa says this move will help stop the spread of the coronavirus.  The rules and restrictions continue to get more ridiculous, as that isn’t the only command tyranny Ramaphosa insists his slaves follow.

Ramaphosa also announced the closure of all beaches and public swimming pools in the country’s infection hotspots, which include Cape Town, Johannesburg, Durban, and several coastal areas. Because being outside, getting some vitamin D, and enjoying nature aren’t allowed in the New World Order.

In addition, South Africa is extending its nighttime curfew by four hours, requiring all residents must be at home from 9 p.m. until 6 a.m., the president said, according to a report by Market Watch.  Apparently, that’s when the virus comes out to haunt people.

The worst part of all of this nonsense is that a good number of human beings on this planet cannot see through this scam and fraud. If you think you are free, think again. Consider how much of your laboring efforts are stolen by the people barking orders you’re expected to follow.  That’s slavery, folks. Wake up, and stand up. Time’s up.

Dumbing Down America: People Think The Coronavirus Has To Do With Beer

Government, Not Coronavirus, Is Killing Small Businesses

Are you ready for master Ramaphosa’s reasoning for banning alcohol sales? “Reckless behavior due to alcohol intoxication has contributed to increased transmission. Alcohol-related accidents and violence are putting pressure on our hospital emergency units,” Ramaphosa said in a nationwide address. So, the problem is alcohol, not the virus? Or is it the virus? Or is it just that Ramaphosa is a New World Order stooge following the commands of his masters? We’ll let you decide.

“As we had to in the early days of the lockdown, we now have to flatten the curve to protect the capacity of our healthcare system to enable it to respond effectively to this new wave of infections,” he said.

The longer the public at large bows to the ruling class of the planet, the worse off humanity will be. They will push until we are all prisoners not only physically, but mentally too.

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‘Tis The Season For Bankruptcies, Store Closings And Tent Cities…

This article was originally published by Michael Snyder at The Economic Collapse Blog.

We need to make 2021 a year of hope because right now there is more economic suffering in America than we have seen since the Great Depression of the 1930s.  More than 100,000 businesses have permanently closed down since the pandemic began, many of our most iconic chains have filed for bankruptcy over the past 12 months, and tent cities are popping up in major cities all across the country.

Coming into this year, the suicide rate in the U.S. was already at an all-time record high, and a Gallup survey recently discovered that the mental health of Americans is at an all-time low.  If we can’t find a way to give people hope, multitudes of Americans will decide that life is no longer worth living just like Anthony Quinn Warner did.  The explosion in Nashville should be a wake-up call for all of us because there are countless others out there that are feeling the hopelessness that Warner did.

In 2020, we saw retail stores close their doors at a pace that we have never seen before.  According to the New York Post, NYC lost more than 1,000 chain stores all by itself…

The Big Apple saw almost one in seven nationally recognized chain-store branches close their doors as the pandemic sent consumers scurrying for cover, according to a new report.

A record high 1,057 chain stores — including 70 Duane Reades, 49 Starbucks and 22 Papyruses — have waved the white flag over the past 12 months, according to the Center for an Urban Future’s annual “State of the Chains” report, set to be ­released Wednesday.

If you go back to 2018, 0.3 percent of all chain stores in the city shut down permanently.

This year, that figure has skyrocketed to 13.3 percent

The 13.3 percent decline shatters all previous records reported by the nonprofit agency since it began tracking the data 13 years ago. Last year, just 3.7 percent of all chain outlets closed, up from 0.3 percent in 2018.

Of course, the same thing is happening all over the nation.  Empty retail buildings now litter the landscape, and it is only going to get worse.

But it is hard to imagine that the next 12 months could actually be worse than the past 12 months.  In an article published earlier this month, CNN listed 30 major chains that have filed for bankruptcy in 2020…

Papyrus

Bar Louie

Krystal

Pier 1 Imports

Modell’s Sporting Goods

True Religion

J.Crew Group

Neiman Marcus

JCPenney

Souplantation and Sweet Tomatoes

Tuesday Morning

GNC

CEC Entertainment

NPC International

Brooks Brothers

Sur La Table

Muji USA

Lucky Brand

RTW Retailwinds

Ascena Retail Group

California Pizza Kitchen

Lord & Taylor

Tailored Brands

Stein Mart

Century 21 (department store chain)

Sizzler USA

Ruby Tuesday

Friendly’s

Guitar Center

Francesca’s

Sadly, now that the holiday season is done there will inevitably be another huge wave of store closings and bankruptcies.

Of course the new lockdowns are certainly not helping matters at all.  Millions upon millions of people are staying home and not spending money, and this is hitting the restaurant business particularly hard.

In fact, the National Restaurant Association is warning “that 40% to 50% of restaurants may go bankrupt in the months ahead” if something is not done…

The National Restaurant Association said that 40% to 50% of restaurants may go bankrupt in the months ahead if they don’t reopen immediately. Two of the U.S.’s most iconic restaurants, the 21 Club in Manhattan and the Cliff House in San Francisco, announced they had closed their doors permanently after nearly 100 years of business. As they die, so do hundreds of jobs in these cities. The workers out of work aren’t rich. Overall, 15 million middle-income people work for bars and restaurants.

I can definitely understand why so many restaurant owners are absolutely furious right now.

You can watch one restaurant owner give an impassioned speech in which he boldly declares that “I’m not ready to give my country up to these people” right here.  I have to admit, I got pretty fired up watching that one.

Unfortunately, the control freak politicians have shown that they are willing to take draconian measures in order to implement their ridiculous lockdowns.  For example, just recently heavily armed police heartlessly raided a hair salon that refused to comply with the COVID lockdown in California.  If I was that salon owner, I would move out of California and never look back.

What is ironic is that many of the politicians that are supposed to be the most “liberal” are the ones that are actually hurting those at the bottom of the economic food chain the most

Democrats and their liberal economic advisers obsess about income inequality. Will someone please tell them that no act in modern times has widened the gap between the rich and the poor more than the lockdowns going on right now?

Diane Yentel, the president and CEO of the leftist National Low Income Housing Coalition, said, “The majority of the up to 17 million households at risk of losing their homes this winter are people of color.”

As economic conditions continues to unravel, more Americans are falling out of the middle class and into poverty with each passing day, and we continue to see more evidence of this all around the nation.  In Chicago, it was being reported that people were lined up for 15 blocks to receive food and toys at a holiday giveaway…

A Chicago actress and her foundation brought 3,000 toys, food, and countless smiles to the West Garfield Park neighborhood for the holidays Wednesday.

As CBS 2’s Marissa Parra reported, people waited for more than two hours in their cars for the giveaway, and there were lines that stretched over 15 blocks – dramatically underscoring the need.

Can you imagine waiting in a line that is 15 blocks long?

The bread lines during the Great Depression were long, but I don’t think they were that long.

Homelessness is also growing at a very frightening rate, and this is fueling the rise of tent cities from coast to coast

Tent cities are expanding across the United States as experts warn that the ongoing pandemic could lead to a ‘catastrophic’ homeless crisis where hundreds of thousands more Americans are living on the streets.

In Phoenix, authorities have converted two enormous parking lots into tent cities for the homeless, but even the homeless are being required to follow social distancing protocols

To deal with an exploding homeless population and encourage social distancing during the pandemic, Marcipoa County officials turned this pair of asphalt-topped parking lots into the area’s newest homeless shelter. The county has more than 7,500 people on the streets, and nearly 5,000 dead from COVID-19.

Inside the crowded encampment, ringed by security fencing and barbed wire, each family has been allotted a 12-by-12-foot lot, marked by paint, to separate people as much as possible.

This is the cold, hard reality that multitudes of people are living at this point.  Dependence on the government and unquestioning submission to authorities have become a way of life for countless numbers of Americans, and economic conditions are not going to be getting better for the foreseeable future.

This is why we must give people hope in 2021 and beyond because the amount of economic pain that we are witnessing around the country is already off the charts.

The government may be able to send checks to people, but it cannot give them hope.

And when people have lost all hope and have become extremely desperate, they can end up doing very foolish things just like Anthony Quinn Warner did.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post ‘Tis The Season For Bankruptcies, Store Closings And Tent Cities… first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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Joe Biden: Our “Darkest Days” Are Ahead

Joe Biden is reminding people once again that we aren’t out of the woods with regards to the tyranny planned for the remainder of this winter. After many in the ruling class have already promised the “darkest winter,” Biden doubled down saying our “darkest days” are still ahead of us.

Joe Biden has urged Americans to prepare themselves for the upcoming struggle with the scamdemic hoax the mainstream media, ruling class, and elitists are pulling on us.  “One thing I promise you about my leadership during this crisis: I’m going to tell it to you straight. I’m going to tell you the truth. And here’s the simple truth: Our darkest days in the battle against Covid are ahead of us, not behind us,” Biden said in remarks in Wilmington, Delaware according to a report by CNN. 

“So we need to prepare ourselves, to steel our spines,” the President-elect continued. “As frustrating as it is to hear, it’s going to take patience, persistence, and determination to beat this virus. There will be no time to waste in taking the steps we need to turn this crisis around.” He added that “help” will be needed to distribute the vaccine.  Prepare for punishment if you decide not to take the “voluntary” shot.

Medical Journal: Get The COVID-19 Vaccine, Or Be Punished HARSHLY

This is not the first time the ruling class has spoken of darkness. Dr. Anthony Fauci had promised us numerous times that we’ll have a “dark winter.”

More Promises Of A Long “Dark Winter”

Joe Biden Warns: A “Dark Winter” Is Ahead

Those Who Planned The Enslavement of Mankind Warn Of “A Dark Winter” For Us

Secret Models of “The Darkest Winter”

This talk of a dark winter and dark days is no longer coincidental.  It continues to happen and it’s being done on purpose.  For what purpose? Who knows. My guess would be predictive programming, but it could be fear-mongering too.

As one of the rulers who think your life is owed to him, Biden is urging us all to just roll up our sleeves and take the vaccine. Just trust Big Pharma and the government. What could possibly go wrong?

Democide: Government Killed Over 260 Million in the 20th Century, Poised to Kill Billions More in the 21st

“I look forward to the second shot, and I have absolute confidence in the vaccine,” Biden said on Tuesday. “But we’re in short supply. Taking the vaccine from a vial into the arm of millions of Americans is one of the biggest operational challenges the United States has ever faced.”

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For 55 Percent Of Americans, 2020 Has Been “A Personal Financial

This article was originally published by Michael Snyder at The End of the American Dream. 

One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the COVID relief bill that Congress just passed is because this year has truly been a “financial disaster” for millions upon millions of people.  More Americans than ever before are just barely scraping by from month to month, and $600 is just not going to go very far.

In 2020, small businesses have been getting slaughtered by the thousands, millions of Americans are in imminent danger of being evicted from their homes, and more than 70 million new claims for unemployment benefits have been filed since the COVID pandemic first started.  The U.S. has plunged into a brutal economic depression, and most of the country is desperately hoping that the federal government will do more to bail them out.

Of course, the truth is that we can’t actually afford another 900 billion dollar “stimulus package” on top of all the other “stimulus packages” that were already passed this year.

We are already 27.5 trillion dollars in debt, and all of this reckless spending is putting us on a highway to hyperinflation.

But most Americans don’t really care that we are literally destroying our national finances.  Most people are in desperate need of money, and the vast majority of them want checks from the government as soon as possible.

A OnePoll survey that was just released asked Americans about the current state of their finances, and that survey discovered that a whopping 55 percent of us consider this year to be “a personal financial disaster”

While there is no question 2020 has been an unparalleled health challenge, many are not losing sight of how devastating the year was for their wallets as well. A new survey finds over half of Americans (55%) consider 2020 a personal financial disaster.

That is over half the country!

And for those that are employed, that same survey found that 62 percent are planning to take on a second job in 2021 in an attempt to make ends meet…

Among employed respondents (59% in total), seven in 10 say they need a raise at their job in order to make ends meet. Sixty-two percent plan on taking on a second job in 2021 to meet their financial goals next year.

That number can’t possibly be correct, can it?

Of course there aren’t that many jobs to go around.  Already, there are millions upon millions of Americans that can’t find a “first job”.  As I discussed the other day, we have got unemployed workers sleeping in lawn chairs or sleeping in their own vehicles because that is all they can afford at this point.

We haven’t seen anything like this since the Great Depression of the 1930s, and this latest wave of lockdowns is making things even worse.

With so many Americans financially hurting, it shouldn’t be a surprise that millions of households are getting behind on their rent and mortgage payments

One-in-seven renters with family incomes from $35,000 to $100,000 were not current on their rent in November. The overwhelming majority of these renters – 79.9% — expected to face eviction within two months. Similarly, 9.6% of homeowners with a mortgage were not current on their mortgage in November. And 56.1% of those homeowners expected they will be foreclosed on in the subsequent two months.

Congress keeps extending moratoriums on rent and mortgage payments, and that has been financially devastating for landlords and mortgage holders.

At some point, the moratoriums must end, and when that happens we are going to see a tsunami of evictions that will be absolutely unprecedented in U.S. history.

Meanwhile, many Americans are going very deep into debt in a desperate attempt to keep themselves afloat financially…

More than one-third of households with incomes between $35,000 and $100,000 borrowed from credit cards, other loans as well as from friends and family to pay for their current expenses in November. Soon, debt payments will come due, burdening families that still suffer from long-term unemployment and added health care costs. This could mean rising credit default rates as well as spillovers of economic pain to other households, from who people borrowed to pay their bills.

If economic conditions were to “return to normal” in 2021, most Americans would be able to weather this financial storm just like they did in 2008 and 2009.

But things are not going to return to normal next year.

Instead, this new wave of lockdowns is going to cause thousands of more businesses to close and will force millions more Americans on to the unemployment rolls.

What we are doing to our small businesses is absolutely criminal.  At this point, small business revenues are down more than 32 percent nationwide since the month of January

Small business revenues have also taken a hit nationwide. The national average is a decrease of 32.1 percent in small business revenue since January. Washington D.C. had the worst loss in the nation at 61.6 percent. Oregon small businesses lost 16.3 percent. Illinois small businesses saw 39.2 percent decline in revenue since January.

Every day, more small businesses are closing up shop permanently.

Millions of hopes and dreams have been brutally crushed, and there is nothing that our politicians can say or do that will bring those businesses back to life.

If you have lost a business or a job this year, then that would definitely qualify as one of the “personal financial disasters” of 2020.

And as you have seen in this article, you are far from alone.

Most of the nation is deeply hurting, and the road ahead is only going to get more challenging.

In the short-term, “stimulus payments” from the federal government will definitely help tens of millions of suffering Americans.

But of course every additional dollar that our government borrows and spends just makes our long-term problems even worse.

A national economic meltdown has begun, and our politicians will try lots of things to mitigate the damage, but all of their “solutions” will only help temporarily.

This is going to be an exceedingly dark chapter for America, but most Americans still do not understand the true nature of the crisis that is now unfolding all around us.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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Trump Kicks COVID Bill Back To Congress; Demands $2,000 Stimulus, Shreds Lawmakers Over Mountain Of Pork

This article was originally published by Tyler Durden at ZeroHedge. 

President Trump appeared to threaten to veto the COVID-19 stimulus package that Congress passed almost 24 hours earlier, telling lawmakers to boost checks for Americans to $2,000 as well as “get rid of wasteful and unnecessary items” in the spending bill

Trump said “throughout the summer, Democrats cruelly blocked COVID relief legislation in an effort to advance their extreme left wing agenda and influence the election…”

“it’s taken forever” to get a package and the bill passed “is much different than anticipated.”

“It really is a disgrace,” he added.

Then reeled off a list of disgusting ‘pork’ (read the details here) that has been piled into this record-breaking 5,593-page bill.

As Axios notes, many of the items Trump listed, such as foreign aid, which were not related to COVID-19 are not part of the coronavirus relief package. These form part of the government funding bill, which was passed alongside the coronavirus relief package.

Then he took a shot at Biden and the election

“Send me a suitable bill or else the next administration will have to deliver a COVID relief package and maybe that administration will be me and we will get it done.”

Watch the full statement here:

..and the market is not happy…

Get back to Mrs.Pelosi!

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Here’s A Breakdown Of Everything Inside The $900BN Stimulus Bill, And What It Means For The US Economy

This article was originally published by Tyler Durden at ZeroHedge.

Within hours, Congress is set to vote on (and pass) a $900 billion Covid-19 aid bill that includes assistance for households and businesses, as well as funding for vaccine distribution and more. As discussed previously, the bill excludes the Republican priority of liability protections for businesses and other entities and left the key Democrat demand of state and local bailouts.

In a nutshell, the new package extends federal UI programs (e.g. PUA, PEUC) with an extra $300/week for all UI claimants for at least an additional 11 weeks.

It also sends another round of stimulus checks worth $600 per individual per household for those making less than $75k ($150k for married couples) and gradually phases out at higher incomes. The bill renews funding for PPP to support small businesses and provides targeted aid to transportation and other hard-hit sectors of the economy.  Similar to the prior bipartisan proposal, $325bn would go to small businesses’ support, including $284bn for the second round of PPP grants. Of note: the bill also allows businesses to deduct expenses paid with the first round of loans, which the Treasury had previously disallowed (i.e., a double-dip). With around $525bn in forgivable PPP loans issued and more coming, this looks likely to reduce tax receipts by tens of billions and possibly more than $100bn, though it depends on the profitability of the businesses that received the loans

Here are the details of what is in the legislation.

Workers and Households

Direct Payments: The legislation would authorize a second round of economic-impact payments, following the checks Americans received in the spring and summer, at a cost of $166 billion. Households would receive $600 for each adult and $600 for each dependent, instead of $1,200 and $500, respectively, in the first round. Mixed-status households, where some people are ineligible noncitizens, would get payments based on the number of eligible people in the households, as opposed to being shut out as they were in the first round.

The payments would be based on income from 2019 and begin phasing out for individuals with adjusted gross incomes over $75,000 and married couples over $150,000. Treasury Secretary Steven Mnuchin said Monday that the first electronic payments could reach bank accounts by the beginning of next week. Households whose incomes were too high to qualify or who added dependents in 2020 might not qualify for full payments immediately. But they can request additional money as part of the 2020 tax returns they will file in early 2021.

Jobless Aid: Workers would be eligible for a $300-a-week federal unemployment subsidy. As with the prior aid package enacted in March, gig workers and others who don’t ordinarily qualify for benefits would be eligible for the jobless aid. The money is available through March 14. The legislation would also extend to 50 weeks the amount of time for which workers may claim benefits through both state and federal programs. Most states typically provide 26 weeks of jobless benefits.

The measure also provides an additional $100-a-week subsidy for workers who have both wage and self-employment income but whose basic unemployment benefits don’t take into account their self-employment income. The cost of the enhanced unemployment benefits are projected at $120 billion.

Rental Assistance: The bill provides $25 billion of assistance to tenants in arrears on their rent. It also extends until the end of January 2021 a federal eviction prohibition, which the incoming Biden administration may extend again. The Treasury Department would be responsible for dispersing the rental assistance to states via a formula based on population. Landlords and building owners can apply on behalf of tenants meeting the eligibility requirements, generally those who make less than 80% of median income in their area, have at least one person in their households who has lost a job and can demonstrate they are at risk of losing their home.

Covid response

Health Care: The bill includes $9 billion for health-care providers and $4.5 billion for mental health, as well as more than $1 billion for the National Institutes of Health to conduct Covid-19 research.

Schools: The bill provides $82 billion for public and private K-12 schools, as well as colleges. Of that, the bulk would go to a $54.3 billion fund for public schools, while $22.7 billion would go to public and private higher education.

Testing and Tracing: States would receive $22 billion for testing, tracing and Covid-19 mitigation programs. Of this, $2.5 billion would be sent as grants targeting rural areas and communities of color.

Vaccines: States and federal agencies would receive funding for vaccine distribution. About $20 billion would go to the Biomedical Advanced Research and Development Authority, or Barda, for procuring vaccines and therapeutics. Nearly $9 billion would go to the Centers for Disease Control and Prevention and states for further distribution of the vaccine, and $3 billion is designated for the national stockpile. Included in those sums is $300 million that is directed to go to high-risk areas and to communities of color.

Businesses

Airlines: Tens of thousands of airline employees would get their jobs back, at least for a few months, under the new bill, which includes $15 billion to cover airline salaries and benefits through the end of March. The bill also includes $1 billion for airline contractor payrolls. Airlines received $25 billion under the Cares Act in the spring to cover workers’ pay and benefits, and in exchange agreed not to lay off or furlough employees until Oct. 1. As that date neared without much improvement in their outlook, carriers and labor unions warned that job cuts would be coming and pleaded for another round of aid. When it didn’t arrive in time, they furloughed tens of thousands of workers, including 19,000 at American Airlines Group Inc. and over 13,000 at United Airlines Holdings Inc. The bill also includes $2 billion for airports and airport-based businesses.

Banks: The bill would provide $12 billion in support to small lenders focused on low-income and minority communities, buttressing minority-owned banks and firms known as community financial development institutions.

Entertainment Venues: The bill has $15 billion for independent movie theaters, live entertainment venues and cultural institutions.

Farms: The U.S. agriculture sector is set for another multibillion-dollar injection in the new relief bill, which directs $13 billion to crop farmers, cattle ranchers and rural communities. The new aid would come on top of roughly $46 billion that the U.S. Department of Agriculture projects the federal government will directly pay to the nation’s farmers this year, a record. That sum includes previous Covid-19 relief for farmers who had to plow up fields of produce ordinarily destined for restaurants, as well as hog producers who had to euthanize livestock because of pandemic-driven shutdowns at meatpacking plants.

Rail and transit: The bill would provide $1 billion in relief funds to Amtrak, aimed at helping the national passenger railroad avoid further layoffs and furloughs of its workers. Amtrak receives a regular operating subsidy of around $2 billion a year from the federal government, but its ticket revenue was devastated by the pandemic and lockdown orders. Ridership on some routes fell by more than 90% this year. The company says it will need a total of $4.9 billion in relief aid to get through the remainder of the year without deeper worker and service cuts. The bill also sets aside $14 billion for transit systems, many of which are considering major cuts in service and layoffs. In New York City alone, elected officials say they need an immediate $4.5 billion infusion to stave off severe reductions in subway and bus service. The bill also sets aside $2 billion for the bus industry and $10 billion for state highways.

Small Business: The $325 billion allotted to help small businesses includes $284 billion for first and second forgivable Paycheck Protection Program loans, and expands eligibility for local newspapers and TV and radio broadcasters. The bill also includes $20 billion for Economic Injury Disaster Loans. Businesses that received PPP loans would be able to take tax deductions for the expenses covered by forgiven loans, overcoming objections from Mr. Mnuchin. The provision would save businesses about $200 billion, according to an estimate from Adam Looney of the Brookings Institution. But it doesn’t count as part of the overall cost of the legislation.

U.S. Postal Service: The bill loosens some of the strings imposed on the U.S. Postal Service from the Cares Act, which provided a $10 billion Treasury loan after terms were negotiated. The bill would still provide $10 billion to the financially strained institution, but the Postal Service wouldn’t be required to repay it, and the conditions imposed by the Treasury wouldn’t apply. In exchange, the bill would require the Postal Service to provide more information to Congress, including a plan about its long-term financial solvency, within 180 days of the bill’s passing and information about how it plans to use the funds in reports to the Postal Regulatory Commission.

Taxes: Aside from the PPP break, the bill would extend a tax credit for struggling employers who keep workers on the payroll, and it would let recipients of certain tax credits qualify based on their 2019 incomes; in some cases, lower 2020 incomes could reduce their eligibility. The bill would also temporarily extend tax breaks for renewable energy, including incentives for wind energy and carbon capture. It also includes deductions for business meals, a provision that President Trump backed but that faced criticism from Democrats as a subsidy for three-martini lunches and indoor dining during a pandemic. Lower excise taxes on beer, wine and spirits that were set to expire Dec. 31 will be permanently extended, and tax incentives for investing in low-income areas and hiring workers from disadvantaged groups would be extended for five years.

* * *

Economic Impact

Based on cost estimates of the various provisions and applying the corresponding fiscal multipliers (Chart 1), Bank of America estimates that the new stimulus package will contribute approximately 2.7% to growth in 2021. The bank now expects that more of the stimulus impact will be frontloaded into 1Q (Chart 2). The start of the year has cross currents with weaker economic data but an earlier and more targeted fiscal stimulus (we had expected passage after inauguration). On balance, the bank now sees upside risk to the bank’s forecast of 1% GDP growth in 1Q.

One final point: no more stimulus?

As we reported last week, Goldman’s economists believe that this is the last major COVID-focused fiscal package. Assuming that President-elect Biden is facing a divided Congress next year, this looks likely to be the last fiscal package that Congress passes worth several hundred billion dollars or more (as by 2021 covid vaccines will be widely distributed making the passage of another broad-based stimulus virtually impossible). That said, Goldman does expect another debate over fiscal support in Q1, ahead of the expiration of the extended unemployment provisions in March. However, since Congress left the most difficult issues out of the current package, it seems unlikely that lawmakers will be able to agree on those in subsequent legislation. Of course, this would likely change if Democrats win both Senate seats in Georgia on January 5 and reach 50 seats in the Senate. In that scenario, Goldman would expect at least another few hundred billion in additional fiscal measures, including aid to states.

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Waiting For The Other Shoe To Drop…

This article was originally published by Michael Snyder at The Economic Collapse Blog. 

Do you feel like another major crisis could erupt at any moment?  If so, you are certainly not alone.  Here in 2020, it has just been one thing after another, and we have come to expect the unexpected.

Right now, so many people that I am hearing from are anticipating that more big trouble is just around the corner, but as we wait for “the other shoe to drop”, economic conditions all over the United States continue to rapidly deteriorate.  For example, on Thursday we learned that the number of initial claims for unemployment benefits last week was the highest in four months

The US job market continues to suffer, and Thursday brought more bad news. Another 885,000 people filed for first-time unemployment benefits last week — an increase from the week prior and higher than the 800,000 claims that economists were expecting.

The latest figures, which are adjusted for seasonal factors and reported by the Labor Department, are particularly grim since last week’s numbers were revised up to 862,000. And even before the revision, that week had been the highest level since mid-September.

This isn’t how the numbers were supposed to be trending.

For four of the past five weeks, we have seen the number of new unemployment claims go up, and experts are warning that we should expect things to get even worse as we head into winter

‘US weekly jobless claims continue to head in the wrong direction,” Edward Moya, an analyst at the currency trading firm OANDA, wrote in a research note.

‘The labor market outlook is bleak as the winter wave of the virus is going to lead to more shutdowns.”

Could we soon see more than a million Americans filing new claims for unemployment each week like we did earlier in the pandemic?

To put this in perspective, the previous all-time record prior to 2020 was just 695,000, and that old record was set all the way back in 1982.

We absolutely shattered that record once COVID-19 started spreading widely in the United States, and we have been above that old record every single week throughout this entire pandemic.

Just think about that.

We are seeing numbers that we have never seen before in all of U.S. history every single week, and now they are starting to climb higher once again thanks to the new lockdowns.

In addition, the number of Americans that are collecting unemployment aid from two major federal programs is also on the rise again

The number of jobless people who are collecting aid from one of the two federal extended-benefit programs – the Pandemic Unemployment Assistance program, which offers coverage to gig workers and others who don´t qualify for traditional benefits – surged to 9.2 million from 8.6 million for the week that ended Nov. 28.

But the number of people receiving aid under the second program – the Pandemic Emergency Unemployment Compensation program, which provides 13 weeks of federal benefits to people who have exhausted their state aid – also rose from 4.5 million to 4.8 million.

By now, the “recovery” was supposed to be in full gear, but instead, major companies keep laying off more workers at an astounding pace.

For example, on Thursday we learned that Coca-Cola will be eliminating 12 percent of their entire U.S. workforce…

Coca-Cola is planning to cut 2,200 jobs, including 1,200 in the United States, as it faces declining sales during the pandemic.

In the United States, where there were about 10,400 employees at the end of last year, the cuts represent roughly 12% of the workforce. In Atlanta, where the company is headquartered, about 500 jobs are being eliminated, the company said Thursday.

Coca-Cola wouldn’t be doing this if the U.S. economy was about “to turn a corner”.

All of these big corporations that are letting workers go can see what is about to happen, and they are slimming their payrolls in an attempt to make it through the coming storm.

Meanwhile, Congress is getting close to approving yet another “stimulus package”, and the Federal Reserve is promising to do whatever it takes to support the financial markets.

Trillions upon trillions of dollars are being slammed into the system, and as a result, M2 is up more than 60 percent so far this year.

In other words, our money supply has been increasing at an almost vertical rate in 2020.

Back in November, I included a chart in an article that I wrote which shows exactly what I am talking about.  If you are not one of my regular readers, you can find that article right here.

For many years, many of us have been warning that hyperinflation would arrive someday.

But now we can stop warning because the process has actually started.

Other industrialized nations have also been flooding their systems with new money, and this is really starting to drive up food prices all over the globe.  The following comes from Zero Hedge

The reason this has suddenly become a hot topic is because while overall inflation remains subdued (we will spare a discussion here of why the CPI is purposefully distorted to stay as low as possible – readers can catch up herehere and here), food inflation has been on a tear in recent months. In fact, it has gotten so high that earlier this week Goldman published a report looking at “The Recent Spike In Food Inflation”, in which it noted that “in recent months, inflation has risen and surprised to the upside across a number of major EM economies (e.g. Turkey, South Africa, India, Brazil andRussia).” According to Goldman, one of the main drivers of these increases has been higher food inflation, which has coincided with a sharp increase in the price of some key agricultural commodities (e.g. grains, oils and soybeans).”

Sadly, this is just the beginning.  Eventually, the food riots which have already started on the other side of the planet will start happening in the western world too.

And as hungry people become increasingly desperate, I believe that eventually, companies will start putting armed guards on food trucks.

We aren’t quite there yet, thankfully, but things are really starting to get crazy out there.

A few days ago I went to the supermarket again, and I really tried to economize and get things that were on sale, but I still spent more than 260 dollars on one cart of food.

Just one cart!

As the cost of living continues to soar into the stratosphere, many American families are going to discover that they are no longer able to afford enough food for the week.

And once millions upon millions of Americans get desperately hungry, that is when we will see absolutely insane economic riots in this country.

All of these things are coming, and we definitely will not have to wait very long at all for “the other shoe to drop”.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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More Side Effects From The Vaccine: Nurse Faints Moments After Getting The Shot

Just moments after being injected with the COVID-19 vaccine concoction, a nurse fainted. Even though she recovered immediately, videos like this are not doing Big Pharma and the military any justice for their propaganda campaign.

A nurse manager at the CHI Memorial Hospital in Chattanooga, Tiffany Dover, was among the first to get the inoculation at the facility on Thursday, according to a report by RT. But as she spoke to media moments after receiving her first dose, Dover reported feeling “really dizzy” before fainting, as was captured in a live broadcast.

And we are told people are lining up to have this thing injected for a disease that’s statistically irrelevant?

“It just hit me all of a sudden, I could feel it coming on,” Dover said. “I felt a little disoriented but I feel fine now, and the pain in my arm is gone.” Apparently, according to doctors, this response is normal for some.

I have a history of having an overactive vagal response, and so with that if I have pain from anything, hangnail or if I stub my toe, I can just pass out.

But the episode is not installing the desired response in the public.  Rather, more people are concerned about this vaccine’s safety than ever. “It is a reaction that can happen very frequently with any vaccine or shot,” said Dr. Jesse Tucker, a medical director at the hospital.

As public health officials around the country work to bolster confidence in the new vaccine – developed at breakneck speed and fast-tracked through emergency FDA authorization – the incident in Chattanooga was not the only major PR flop for Pfizer’s immunization this week. Following another vaccination publicity event at a hospital in El Paso, Texas on Tuesday, a nurse was apparently stuck with an empty syringe, prompting a flurry of questions and bewildered reactions online. –RT

While the hospital maintains that all staff seen in footage of the event were given full doses of the vaccine, offering no explanation for the visibly empty syringe, it said that the nurse in question was vaccinated a second time to “remove any doubt” and “further strengthen confidence in the vaccination process.” The facility added that “re-vaccinating the nurse will not cause adverse effects.”

Pfizer “Closely Monitoring” Alaska Health Worker After “Serious Adverse Reaction” To Vaccine

Does anyone actually believe that the people being shown for these PR stunts are getting the same shot we all will be getting?

U.S. “Authorities” Quarantine Their Own Pfizer Vaccine

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Is Joe Biden seriously ill?

This article was originally published by Michael Snyder at The End of the American Dream. 

A Joe Biden coughing fit has caused a firestorm of speculation to erupt on social media.  If you don’t know what I am talking about, you can watch Joe Biden repeatedly cough and clear his throat during his most recent press conference right here.

It is being reported that Biden either coughed or cleared his throat 17 times during his 14-minute speech, and his voice was very hoarse the entire time.  As you will see below, Biden is admitting that he has “a cold”, and perhaps that is all that it is.  But there is a long tradition in Washington of politicians from both parties covering up major health problems, and many are wondering whether Biden is covering up something now.  So could it be possible that Joe Biden is seriously ill?  We may not get an immediate answer to that question, but without a doubt, many of his supporters have become extremely alarmed.

For example, one Twitter user that watched the press conference said that Biden is “scaring us” by coughing so much, and another openly wondered whether Biden is in “need of a COVID test”

Social media users took to Twitter to voice their worry and crack jokes with one user saying ‘Drink some water, Joe. You’re scaring us.’

One Twitter user asked ‘Does Biden need a COVID test?’ and another chimed in ‘Someone get Biden some Robitussin stat!!!’

And even a Biden apologist like NPR’s Scott Detrow has been forced to admit that this is “the most sustained coughing” that he has ever heard from Biden…

“To the main theme of the Twitterverse right now: Biden regularly clears his throat and coughs in speeches – especially at the beginning of remarks,” wrote NPR political correspondent Scott Detrow. “That’s the most sustained coughing I’ve heard though.”

There is no way that Biden could possibly claim to be at full health, and at this point, he is telling the public that he has “a bit of a cold”

“Thank you, I have a little bit of a cold, I’m sorry, but look, you know, you did it, you did it, not a joke,” Biden said during the live stream. “This campaign for president was more like the first time I ran as a 29-year-old for the Senate. I believed that ordinary folks and extraordinary folks would get together and make this work. You didn’t let us down. You didn’t let the country down. I really mean it, think about it.”

Of course in this environment, if anyone starts repeatedly coughing those around them immediately begin wondering if that individual has COVID-19.

So has Joe Biden been tested within the past 24 hours?

I have not been able to find any news source that says that he has been.

Hopefully, he will get tested very soon, because the American people deserve to know the truth.

And at 78 years of age, Biden is definitely in a very high-risk group.  Due to their advanced ages, I was deeply concerned about how President Trump and Joe Biden would hold up physically during this election season.  Running for president takes a huge toll physically, mentally, emotionally, and physically, and that makes candidates especially vulnerable to various diseases.

As speculation about Biden’s health heats up, a “new variant” of COVID-19 has been identified on the other side of the Atlantic…

A “new variant” of the COVID-19 virus has been identified in the United Kingdom and linked to a faster spread of the disease, Britain’s health secretary has said. The World Health Organization has been notified.

Matt Hancock announced that London and a number of other areas in the south of England will be placed under new harsher restrictions following “very sharp rises” in COVID cases.

So far, we are being told that approximately 1,000 people have tested positive for this new variant of the virus.

The big question that people are asking about this new strain is whether or not the recently developed vaccines will work against it.

As I have discussed previously, mutations can cause major problems for vaccine developers.  For example, every 12 months scientists try to come up with a flu vaccine that they think will work against the strain or strains of the flu that they believe will be dominant that particular year.  Sometimes the match is pretty good, and sometimes the match is not good at all.  And when the match is not good, getting a flu vaccine is pretty much useless.

So could a similar thing happen with COVID-19?  If a new mutation becomes dominant and the newly developed vaccines will not work against it, we could be back to square one very rapidly.

Of course, there are millions upon millions of people that do not intend to take any COVID vaccine under any circumstances.  Safety concerns keep being raised, and this week we learned that the FDA “recommends monitoring people” who get a vaccine to see if they develop Bell’s palsy…

U.S. Food and Drug Administration staff recommends monitoring people who get Pfizer or Moderna’s Covid-19 vaccine shots for possible cases of Bell’s palsy, saying it’s not necessarily a side effect but worth watching out for after a handful of trial participants got the condition, which causes half of your face to droop.

If you are not familiar with Bell’s palsy, the following is a definition that comes from the Mayo Clinic

Bell’s palsy, also known as acute peripheral facial palsy of unknown cause, can occur at any age. The exact cause is unknown. It’s believed to be the result of swelling and inflammation of the nerve that controls the muscles on one side of your face. Or it might be a reaction that occurs after a viral infection.

For most people, Bell’s palsy is temporary. Symptoms usually start to improve within a few weeks, with complete recovery in about six months. A small number of people continue to have some Bell’s palsy symptoms for life. Rarely, Bell’s palsy can recur.

Sadly, this is just one of the many “side effects” that we know about so far.

I believe that we have entered an era when multiple pandemics will be raging all over the globe, and so we should expect endless debates about vaccines, masks, and lockdowns for the foreseeable future.

For decades, Americans could go about their daily lives without ever having to think about what viruses might be floating around out there, but now everything has changed.

The global elite would like to use the COVID-19 pandemic to “reset” the world in their own image, and we must not allow them to do that.

No matter how bad things get, we must stand up for our basic constitutional rights, because once they are gone it will be exceedingly difficult to ever get them back.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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U.S. “Authorities” Quarantine Their Own Pfizer Vaccine

Even the vaccine doesn’t get away with not having to quarantine these days. The ruling class has now put its own Pfizer vaccine in quarantine after it allegedly got too cold.

According to a report by CNBC, doses of Pfizer’s vaccine were quarantined in California and Alabama after an “anomaly” in the transportation process caused the storage temperature to get too cold. U.S. officials said Wednesday they quarantined several thousand doses of Pfizer’s coronavirus vaccine in California and Alabama this week after an “anomaly” in the transportation process caused the storage temperature to get too cold.

It says a lot when these people trying to force a vaccine on all of us quarantine their own vaccine after forcing everyone to quarantine and lock themselves in their own home for months on end.

Army general Gus Perna said that the vaccine “never left the truck,” during a news briefing Wednesday. “We returned them immediately back to Pfizer and we sent immediate shipments to replace those two trays. We’re working with the FDA now, CDC, FDA, and Pfizer to determine if that anomaly is safe or not, but we’re taking no chances and we can see that.”

Pfizer’s vaccine, which was developed with German drugmaker BioNTech, requires a storage temperature of around minus 70 degrees Celsius.

Even a Military-Enforced Quarantine Can’t Stop the Virus, Study Reveals

“All the way on the other side of the country in Alabama, two trays were received at one location. Same anomaly went to minus 92. We were able to stop and quarantine the vaccine, stop and get a replacement shipment to Alabama,” he said.

It’s unclear what caused the storage temperature to fall. A Pfizer spokesperson issued the following statement: “The returned shipments – totaling ~3000 doses – will be reviewed internally by Pfizer following our quality investigative process, however, it’s Pfizer’s vision that its customers should not have to wait while these reviews take place. As designed, the control tower was able to intercept the shipments and seamlessly trigger resupply to be delivered to those customers.”

Americans began receiving some of the first shots of Pfizer’s vaccine on Monday after the Food and Drug Administration authorized the vaccine Friday.

Perna said vaccine deliveries in the U.S. remain on track, with another 886 orders expected to be shipped across the nation Thursday. The federal government delivered 2.9 million doses of Pfizer’s vaccine this week. Next week, the government plans to ship an additional 2 million doses of Pfizer’s vaccine as well as 5.9 million doses of Moderna’s vaccine if cleared by the FDA, Perna said. –CNBC

Does anyone actually believe Moderna’s vaccine won’t be approved.

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NY Tyrants Warn: Prepare For Full Lockdown

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Tyrants in New York, Andrew Cuomo, and Bill de Blasio are warning those they rule over to prepare for another full lockdown.  Pretending that the coronavirus is still somehow relevant, the ruling class is going to make some dictates that are about to destroy the lives of many.

New York City is being primed for a “full shutdown” as the tyrants make it clear that the city needs to “get ready” for such an event.

“The governor said in a New York Times interview over the weekend that we should prepare for the possibility of a full shutdown,” de Blasio said. “I agree with that, we need to recognize that that may be coming and we’ve got to get ready for that now because we cannot let this virus keep growing especially at a moment we are finally getting the vaccine and can turn the corner.”

They Moved The Goalposts…AGAIN!: “It’s Not Over When The Vaccine Arrives”

De Blasio also spoke as a new shutdown of indoor dining in the city, announced by Cuomo last week and backed by the mayor, went into effect, according to a Fox News report. Restaurants had been permitted to resume indoor dining at 25% capacity on September 30 after months of being shut down, but that was ended on Monday with no indication they would reopen any time soon.

Commie De Blasio’s Snitch Hotline FLOODED With Obscenities

Commie De Blasio on Full Tyrannical Display

These tyrants are also hoping they can get this vaccine in everyone. They are banking on it. Of the vaccine’s release for public injection, de Blasio said: “We are not done yet with the coronavirus. So let’s celebrate today. Let’s be hopeful. It is a shot of hope. Let’s be clear. It’s not just a shot in the medical sense. It’s a shot of hope,” he said. “But we have to keep fighting this virus in the meantime. So we remain vigilant. We’re going to have a tough December, a tough January.”

These new lockdowns will finish off what’s left of small businesses leaving corporations to run the show. Fascism is already here, and it’s been amplified in recent months. In the coming year, there will be no illusion left. The fascist totalitarian takeover will be obvious to even those fast asleep right now.

 

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Shoplifting In Grocery Stores On The Rise In The U.S.

As businesses and families struggle to get by in the aftermath of the government’s massive overreaction to the coronavirus scamdemic hoax, shoplifting in grocery stores has been spiking. This is a case where people are stealing food, not overpriced luxury goods.

America is well on its way to becoming a third world country thanks to people’s continual obedience to the state’s disastrous orders. As of right now, the statistics are bad, but they are expected to get a whole lot worse as the entire economy collapses in a heap.  More than 20 million Americans currently on some form of unemployment assistance.,  and some 54 million Americans are projected to struggle with hunger this year. This is an increase of 45% from the year prior, as noted by the USDA. And according to The Washington Postmore Americans are shoplifting for basic necessities at the grocery store more than ever before.

more than 20 million Americans currently on some form of unemployment assistance. As income disappears and families begin to experience hunger, the prevalence of shoplifting heightens, says a new report.

“We’re seeing an increase in low-impact crimes,” Jeff Zisner, chief executive of workplace security firm Aegis, told The Washington Post. “It’s not a whole lot of people going in, grabbing TVs and running out the front door. It’s a very different kind of crime—it’s people stealing consumables and items associated with children and babies.”

The Census Bureau also told The Washington Post that nearly 26 million adults reported not having enough food to eat as of mid-November, a record high.

Resources for food assistance programs are becoming sparse for those in need as well, which is another reason why Americans are turning to shoplifting. Meal shortages are on the horizon at major food banks across the country too, as federal funding is set to expire at the end of the month. In addition, food aid programs such as SNAP and WIC are being reduced. –Yahoo News

It won’t take many more restrictions or lockdown rules to plunge what used to be the world’s most abundant economy into a massive crash that we’ve never seen.  Get prepared now, if you aren’t already.  2021 is not going to be much easier for so many.

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PAIN COMETH!

This article was contributed by Portfolio Wealth Global.

No, we don’t think hyperinflation is coming!

How can inflation bazooka higher, when half of young adults live with their parents in 2020 and 38% of Americans are consumed with thoughts about how to make ends meet?

This doesn’t mean that gold and silver can’t or won’t rally in 2021 (inflation has been below 2% for over a decade), since gold responds to real yields, which are measured by 10-yr yield, subtracted by CPI. So even with CPI at current levels (disinflation), as long as rates go down, that negative real yield helps gold.

Silver is an even stranger cat since it responds best to dollar weakness and, boy, do we have plenty of that…

Why are we focusing on pain, though, if vaccines are approved and if the beginning of the end for this unique period is ahead of us? Well, the price that most small businesses paid to indirectly help, by supposedly slowing the spread of the virus to the people at risk of dying of Covid-19 has been huge.

One day you woke up and the government told you that your baby – your source of income, your pride and joy, the business you took time, effort, thought, sweat, and sacrifice to bring to the marketplace – had to remain closed.

Small businesses received minimal assistance and we’ll only learn just how horrible the situation is in 2021.

This is because the dust will settle, restrictions will ease and we’ll see who is left standing.

Courtesy: Zerohedge.com

Bond investors, as you can see, bet on technology advancements and on disinflation. No one buys a negative-yielding bond for the income, of course. The only way to profit from this – and there’s a large incentive to capture gains – is to sell the bond for more than you paid for it.

Appreciation occurs when yields fall. The price of the underlying asset (the bond) shoots up.

Obviously, QE does not create inflation, as was previously assumed, since we’ve had over a decade of it and the FED keeps missing its target. The FED has little control over inflation, but we, the people, do.

What are the implications of so many Americans in this poverty-stricken position?

  1. With 36% of voters believing in fraud and with roughly 80% of Republicans believing foul play, any hardship will serve as a catalyst for more division.
  2. Government will play an even bigger role in the lives of most Americans, who stand to become even more dependent upon it.

It’s time to address this issue, once and for all.

Courtesy: Zerohedge.com

We do not see how the unsustainable bullish stance in the stock market, coupled with the genuine distress of most Americans, continues to remain decoupled for another year.

The fundamental problems in the U.S. economy are bigger than what a central bank can address and, frankly, they’re not only more serious than what the government has to offer to “solve” them, but they’re being addressed with all of the wrong tools.

Nanny state capitalism is not a plan; Americans need to be inspired to get up and figure it out!

Pain cometh in 2021.

The post PAIN COMETH! first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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