The Latest News from the Shoebat Foundation



Labor Market Slaughterhouse As Ten Million File For Unemployment In Two Weeks

According to the Labor Department, unemployment is defined by persons receiving unemployment checks from the government, not those who have ‘fallen off’ of the workforce. In the last two weeks due to the COVID-19 coronavirus effects, Bloomberg reports by way of Zero Hedge that ten million people have filed for unemployment claims. After last week’s […]

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“Social Credit” Comes To Europe In The Form Of Coronavirus Monitoring

I warned about how Russia has began monitoring citizens using phone apps in a way similar to China’s “social credit” system, and that the same would come to the US and Europe. In a story out of Thompson Reuters, this is already happening as a new smartphone-based monitoring system for COVID-19 patients is about to […]

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Federal Reserves Eases Capital Requirements For Banks

In a major story out of the Wall Street Journal, the Federal Reserve is ‘easing capital requirements’ for major banks until March 2021. The Federal Reserve on Wednesday said it was temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market. The Fed said it […]

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Now The Virus Is Affecting The DNC Meeting

As if the current Democrat 2020 nomination process could not be more diseased than what it already has, according to CBS, it is not being plagued by the COVID-19 coronavirus, with Biden saying that the convention may not be able to take place as planned. Democratic Party leaders across the country are calling on party […]

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Turn On Those Printers And Get Out The Ink, It’s Printing Time

I warned that the first round of “Trump Stacks”, or the payments totaling 40% of national GDP by way of the Families First Coronavirus Stimulus Bill that will send $1200 or more per taxpayer in checks to Americans, is just the beginning. The Federal Reserve does fundamentally only one function, and that is to print […]

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Russia Orders People To Install Apps For Tracking By Police

According to France24, Russia has wasted no time in rolling out her own surveillance system on the public, combining mobile apps and phones that can be tracked by police or agents of the government. Moscow is rolling out a mobile phone app and scannable bar codes to check whether people are adhering to strict isolation […]

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Will Oil Prices Go Negative?

It is said that oil runs the world because without oil, the major machines of industry would cease to operate. However, what happens if the machine themselves are operating? What good is any commodity without a use that it can be applied to? This is something that the world is finding out as CNBC reports […]

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Donald Trump Is Wrong To Suggest Conspiracy Around Three Hundred Thousand Masks Being Sent To New York City Hospital

By Theodore Shoebat I’ve noticed Trump fans online are latching on to Trump suggesting that some transgression is happening because hundreds of thousands of masks have been being produced for individual New York City hospitals. Trump implied that something “worse than hoarding” was happening. The reason why the numbers of masks went up from 10 […]

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In Russia, People Are Getting Fined For Posting Stories On Social Media About People Dying From Coronavirus

In Russia the official narrative is that nobody has died of coronavirus. But there are people in Russia who argue otherwise, saying that there have been indeed deaths from covid-19 in the country. But now the Russian government is fining citizens for posting stories about coronavirus related deaths in Russia, as we read in a […]

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It’s Not Merely the Virus- A Crash Was Inevitable

Since 2018, I warned that in no more than five years, there would be a major market crash based upon economic fundamentals and patterns of historical behavior leading up to a crash. The virus has expedited this, but according to Bloomberg by way of MSN Money, a crash was inevitable and the virus just expedited […]

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Mike Pence Affirms That The United States Will Be Like Italy In Coronavirus Outbreak

By Theodore Shoebat While so many Americans are optimistic that the coronavirus crises is soon coming to an end, Vice President Mike Pence has said that the US is heading down the same road of Italy — currently the most severely hit by Covid-19 in Europe — when it comes to the coronavirus outbreak. People […]

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Rent Is Due, But Who Can Pay The Bills?

The economic devastation of the COVID-19 coronavirus situation has placed many people out of work and unable to earn money to pay for basic needs such as food and rent. Since many Americans have no savings and are strapped with debt due to the nature of the economic system, it is difficult for them to […]

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Russia Bans Domestic Purchase Of Gold

Many laud Russia as a bastion of “normalcy” against the degeneracy of the West. However, I have pointed out that this is not the case, as Russia has many problems that are largely self-inflicted and are destroying her from within and not even needing the direct help of Western powers. In an interesting statement from […]

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New York City Mayor DeBlazio Declares Himself The Protector Of Sodomites Against Christians

There are some who insist that America is still a “Christian” nation, but the facts all indicate that the US supports all things sodom before anything Christian and will seek to defend it as well. A recent statement by New York City Mayor DeBlazio as reported by the New York Post emphasized this point after […]

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