Wall Street Wins Agains, Bailouts in the time of corona virus

COVID-19: Wall Street Wins Again

Once the virus recedes, stock and debt bubbles inflated over the past 12 years are likely to begin to grow again, fueled as then by central bank policies and federal favoritism. In other words, we’ve seen this movie before, but call the sequel: Contagion Meets Wall Street.
Below the surface, however, an epic debt bubble was once again growing, fostered in part by record corporate debt levels. In 2009, as the economy was just beginning to show the first signs of emerging from the Great Recession, the average American company owed $2 of debt for every $1 it earned. Fast forward to today and that ratio is about $3 to $1. For some companies, it’s as high as $15 to $1. For Boeing, the second largest recipient of federal funding in this country, it’s $37 to $1.
What that meant was simple enough: anything that disrupted the system was going to be exponentially devastating. Enter the coronavirus, which is now creating a perfect storm on Wall Street that’s guaranteed to ripple through Main Street.

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Covid-19 Pandemic and World Hegemony Battle USA vs China

Corona Pandemic: The Perfect Scapegoat for the Financial & ‘Everything Bubble’ Market Crash (The Great Depression 2.0)

As the financial collapse is inevitable as the Federal Reserve can’t keep printing money and creates more bubbles that at some point definitely will pop, the Covid-19 pandemic provided the global elites with the perfect scapegoat where it will be blamed (and it already started) for all the economic and financial crisis, for the massif layoffs, and the economic depression.
Not only that the virus pandemic provides the right excuse, scapegoat and cover up for the economic and financial crash which is going to be worse than the 2008 “Great Recession”, it also attacked severely China and Iran, two countries USA perceives as enemies. It also caused huge number of deaths in Italy, the only and the first country in EU to sign China’s Belt and Road Initiative. With the mysterious origin of the corona virus is Covid-19 pandemic “Killing Several Birds with One Stone” strategy?
While most of the world is figthing the virus pandemic, the battle for world hegemony continues as the global superpower will do everything it can to stay at the top and attack any country it considers as threat or enemy. At the core of it all, it is about United States maintaining its hegemony as the world top power and maintaining its currency as the world reserve currency.

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Tim Leissner, Goldman's Banker

Another Goldman Sachs’ Financial Con, will it be held accountable this time? Meanwhile Goldman Stock is Plunging

We are going to see whether Goldman Sachs, the world’s most politically-connected investment bank – the former employer of dozens of senior civil servants, from US treasury secretaries to the governors of the Bank of England and the European Central Bank can evade this financial fraud allegation once again. 
The answer will tell whether there has been reform in the banking and financial industry since a decade of financial crash, which I doubt very much. Meanwhile its stock is plunging, drastically underperforming compared to the market.

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One Hell of a Crisis Looms

Mike Maloney: One Hell Of A Crisis Looms

We had a stock market crash in the year 2000, and then in 2008, we had a crash in stocks and real estate. The next crash is going to be in stocks, real estate and bonds — including a lot of sovereign debt, corporate bonds and a whole lot of other bonds that will be crashing at the same time. So, it will be all of the standard financial asset classes, including the traditional ‘safe haven’ of bonds that are going to be crashing at the same time that the world monetary system is falling apart.

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Don’t Miss the Signs of Another Slow-Motion Meltdown

Venezuela is an economic and human rights tragedy. Turkey, Argentina and Indonesia, all major emerging-market economies, are in complete meltdown. India, Malaysia, Brazil and Mexico are in the midst of currency collapses. South Africa is in recession. China’s growth is slowing and its debt is unsustainable. The trade war between the U.S. and China is starting to take its toll and will get worse.
Note from editor: Since next year there will be an election in Indonesia, beware that those in power (the local and foreign elites) might exploit this fragile economic condition to further their political agenda. The economic situation today in Indonesia mimics that of 1998 financial crisis.

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