Guest Post by Martin Armstrong
Neiman Marcus Group is preparing to seek bankruptcy according to Reuters. I have warned that brick & motor stores are in trouble and this lockdown will ensure that people will not be returning to malls and restaurants as they did before. All of the major retail stores are facing credit downgrades. Forbes has warned many are on a credit-watch such as Dillard’s, J.C. Penney, Macy’s, and Nordstrom just to mention a few.
Shutting down the economy is unleashing a Great Depression far WORSE than that of the 1930s. Our political leaders are absolute morons. This has demonstrated that they have no common sense and the abuse they have inflicted upon society for the political benefits is just mindboggling. There is NO HOPE IN HELL that the economy will recover. We are looking at a crash and burn into 2022. All the headstrong people talking about hyperinflation and the dollar will crash who lost a fortune on the way down since January, are going to lose everything between now and 2022. They remain absolutely clueless as to even what capital formation is all about.
The newspapers have to support the lockdown. They all got their orders. This is beyond FAKE NEWS – we are now entering state censorship. I personally know some journalists who have expressed their frustration about not being able to report what is really going on. We can find individual pieces as examples above. But nobody is allowed to write an article on connecting the dots or what economic damage has truly been done collectively beyond a single incident.
I get emails from people who have lost everything – the jobs and no prospects for the future. This just looks to be DELIBERATE or the work of absolute FOOLS moved by the Climate Change contingent to shut down the world economy to save the planet trying to get to ZERO CO2.
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Folks are getting paid to buy Canadian Oil!
Howz that work? Rent a tanker and they pay you to fill it?
My brothers boss took a 3000 gallon tanker to milwaukee for gas. 12 cents a gallon rack pricing. Nice bit of arbitrage.
Yep, this guy is a genius. It’s the climate change people doing this. Their influence caused those people on TV everyday to shut down everything to save the planet. All I have to ask now is, what planet is this guy on? And what is the average IQ on his planet?
Gatekeeper one to gatekeeper two,….are we there yet?
The Dems are working furiously to pin the “reopen the economy” protests on White Nationalists, phantom-KKK members, and Right wing boogeymen.
Who is going to be the next paid-government agent(s) posing as an evil white man?
Or is that not happening this time around with Trump’s call to liberate Blue states and recall (D) governors?
COVID-19 the convenient excuse in the nick of time !
Our nations economic health and well being has been systematically destroyed over the last 40 years and it was deliberate . No political insiders could possibly be so ignorant to the fact that destroying industrial facilities and millions of middle class well paying jobs in the process could end well .
Certainly thanks to market manipulations flash trading and a federal reserve organized theft bank system the number of ball in the air were juggled and bounced about !
Meanwhile all those benefiting by the greatest transfer of wealth from the hands of the many to the hands of the few are now scurrying about like cats covering up shit !
It would be hilarious to watch if it were not so pathetic .
Suck it up ladies and gentleman we are in for a rough ride !
Good Ol’ Neiman-Mark-Up….I got a couple of nice Armani jackets from there a while back. 75% off.
As to the rest of them as well…good riddance… they carry cheap crap that wears out in no time .
I’d always heard it was “Needless Markup,” Buck.
No way Bal Harbor, Fla. is going to have any depression anyway.
WDC is so rotten they can smell it in Denmark. Hussein’s NIH gave the Wuhan Lab $3.5 million to study Coronaviruses; after New Year 2020, TPTB let 1.5 million people come to America from CV-19 Hot Zones (50 flights from Wuhan direct to USA); Fauci pans the quine treatment saving 99% and demands ventilators which kill 90%; Fauci loves Harpy: Fauci shuts down all America and probably delivers the Coop de Grace to our Economy; Banksters and big corps get trillions, main street gets billions, small Farmers/Ranchers get shit; Fauci and our Chief of the JCS say CV-19 is a natural virus; Gates and Fauci want vaccines with tags for every American or “off to a Death Camp”, WTF!
“delivers the Coop de Grace” in his Coop De Ville, feathers and all
A committed enemy couldn’t have done as good a job at destroying us as our own governments have.
Might be time to re-adjust the sights.
It’s not the Russians…
Just say da Dementia party and the RINOS, in cahoots with the Interagency….Somebody get some rope, cuz at least we can reuse it, and find a big Forrest!!!