Podcast

SARS-COV-2: Intense Economic Damage

An economic &/or financial crash is not only possible, but is expected to be far larger than the 2008 crisis. Economic impacts are piling up too fast to be properly analyzed. So in this report we go into the one key factor out of them all that we watch most closely for clues to what’s coming up next.

Be ready for shortages and the possibility of market closures, banking holidays and things like that. While not very probable, the possibility of such things is now well above zero.

SARS-COV-2: Intense Economic Damage

PREVIEW by Chris Martenson

Be ready for shortages and the possibility of market closures, banking holidays and things like that. While not very probable, the possibility of such things is now well above zero.

The world’s supply chains are fixing to buckle and freeze-up, thereby causing production and incomes to fall abruptly. In turn, shrunken incomes and cash flows will pull the legs out from under the edifice of debt and speculation that has been piled atop the American economy.

So both a renewed financial and economic crisis and an abrupt change of course lie dead ahead. The 30-year era of False Prosperity is over.

Next Comes The “Turbulent Twenties”

by David Stockman

So both a renewed financial and economic crisis and an abrupt change of course lie dead ahead. The 30-year era of False Prosperity is over.

An Official Emergency

by Chris Martenson

As officials scramble to get in front of a disease that seems to easily evade their slow-footed efforts, SARS-COV-II is growing exponentially in several countries.

Iran’s cases and deaths are certainly far higher then they claim, as recent gruesome video evidence supports.

The Federal Reserve took it’s only hammer out of its bag and performed a surprise 50 bp (0.5%) emergency rate cut. The last times the Fed performed such a cut were followed by bad moments in financial history including March 2001, and Oct 2008.

An Official Emergency

by Chris Martenson

As officials scramble to get in front of a disease that seems to easily evade their slow-footed efforts, SARS-COV-II is growing exponentially in several countries.

Iran’s cases and deaths are certainly far higher then they claim, as recent gruesome video evidence supports.

Honey Badger Virus Video Update

by Chris Martenson

As new cases explode all over the globe, with 5 new countries reporting their first cases, health authorities continue to give out puzzlingly incomplete, contradictory and sometimes even wrong information.

While our view on Thailand is provisionally shifted back to “contained” our view is that Egypt is the next unannounced hotspot.

Given where we are in the story, we’re going to have to perform triage, meaning making tough choices over where to apply woefully inadequate resources.

Honey Badger Virus Video Update

by Chris Martenson

While our view on Thailand is provisionally shifted back to “contained” our view is that Egypt is the next unannounced hotspot.

Given where we are in the story, we’re going to have to perform triage, meaning making tough choices over where to apply woefully inadequate resources.

We’re Close To Your Last Day To Prepare For The Coronavirus

by Chris Martenson

Through all of this we’ve been consistently telling you that you need to prepare. Now it’s getting quite close to the “too late” stage. Already many communities are experiencing runs on basic items like food and water.

Any actions you take from here on out need to be done ultra-responsibly and not contribute to the growing panic and hoarding.

We’re Close To Your Last Day To Prepare For The Coronavirus

by Chris Martenson

Any actions you take from here on out need to be done ultra-responsibly and not contribute to the growing panic and hoarding.

Shortages and Breakdowns

PREVIEW

by Chris Martenson

It’s not the fall that hurts, it’s suddenly stopping. In December 2019 the entire world, just-in-time global economy was humming along, a month later it metaphorically ran into a brick wall.

A stop so sudden that nobody has any clue how badly the system was harmed. Because it’s a complex system it also means that nobody can predict any of the actual consequences.

Apple’s manufacturing process is complicated. Apple’s supply chain from raw sand to finished phone is complex. Things that are complicated can be modeled and resolved. Things that are complex cannot.

Shortages and Breakdowns

PREVIEW by Chris Martenson

It’s not the fall that hurts, it’s suddenly stopping. In December 2019 the entire world, just-in-time global economy was humming along, a month later it metaphorically ran into a brick wall.

A stop so sudden that nobody has any clue how badly the system was harmed. Because it’s a complex system it also means that nobody can predict any of the actual consequences.

James Wesley Rawles: Practical Coronavirus Preparation

by Adam Taggart

James Wesley Rawles is a former Army Intelligence officer who runs the popular disaster and emergency preparation website SurvivalBlog.com.

As an expert who has spent over a decades advising people on how to plan for a wide array of crises — including pandemics — we wanted to sit down asap with Jim to learn his practical recommendations for defending your home and family from the coronavirus threat.

James Wesley Rawles: Practical Coronavirus Preparation

by Adam Taggart

James Wesley Rawles is a former Army Intelligence officer who runs the popular disaster and emergency preparation website SurvivalBlog.com.

When It Comes To Protection From The Coronavirus, You’re On Your Own

by Chris Martenson

The coronavirus is now reported in 59 countries.

It’s a global pandemic, even if the WHO still refuses to call it that.

And speaking of the WHO, the CDC, and most of the governments around the world, they’re still unwilling to urge folks to take advance preparation. In too many cases, the numbers and terminology are being ‘fudged’ in ways both obvious and insulting.

It’s getting maddening at this point. Not only is their lack of urgency putting lives at risk, it’s increasing the chaos and panic that will ensue in areas overwhelmed by mass outbreaks when they occur.

When It Comes To Protection From The Coronavirus, You’re On Your Own

by Chris Martenson

The coronavirus is now reported in 59 countries.

It’s a global pandemic, even if the WHO still refuses to call it that.

VIDEO: Market Meltdown Update

PREVIEW

by Adam Taggart

The coronavirus, with the havoc it’s wreaking on global trade, may just be proving to be the “black swan” pin that pops the market’s bubble.

The sharp swoon we’ve seen over the past week has been historic: it’s the fastest 10%+ drop in the S&P 500’s history.

In the short video here, we check in with the lead partners of New Harbor Financial, Peak Prosperity’s endorsed financial advisor, to get their seasoned take on the current market meltdown.

VIDEO: Market Meltdown Update

PREVIEW by Adam Taggart

The coronavirus, with the havoc it’s wreaking on global trade, may just be proving to be the “black swan” pin that pops the market’s bubble.

The sharp swoon we’ve seen over the past week has been historic: it’s the fastest 10%+ drop in the S&P 500’s history.

In the short video here, we check in with the lead partners of New Harbor Financial, Peak Prosperity’s endorsed financial advisor, to get their seasoned take on the current market meltdown.