The Latest News from the Shoebat Foundation



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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White House Projects Hundreds Of Thousands Of Deaths From COVID-19 Coronavirus

According to recent statements from the White House and communicated by AP News, the COVID-19 coronavirus may kill hundreds of thousands of Americans. President Donald Trump on Tuesday warned Americans to brace for a “rough two-week period” ahead as the White House released new projections that there could be 100,000 to 240,000 deaths in the […]

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Catholic Bishop Attempts To Suspend The Sacrament Of Anointing Of The Sick

I am not a Canon Lawyer, but the Catholic Church makes very clear under Church (Canon) Law that ” The Christian faithful have the right to receive assistance from the sacred pastors out of the spiritual goods of the Church, especially the word of God and the sacraments.” (source). In essence, while it is true […]

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US Nuclear Aircraft Carrier Stuck At Sea With One Hundred COVID-19 Infected Sailors

In some horror movies, there is the concept of being ‘stuck’ in a place with a horrifying adversary that one can do nothing about. Such is what has come to pass on a recent US aircraft carrier, which according to the San Francisco Chronicle is begging for help after being stuck at sea with one […]

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“#Guillotine2020” Is A Hashtag Trending On Twitter Right Now

A quote attributed to both St. John Chrysostome and St. Gennadius of Constantinople goes along some variant of “The rich exist for the sake of the poor, and the poor exist for the salvation of the rich.” These words are as true as when they were first said in the fifth century and are as […]

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Last Call For Restaurants As Virus Strips $25 Billion In Profits From the Industry

The Wall Street Journal recently published a piece about the state of the economy, which has already been in very poor shape, and coming changes being forced by the spread of the COVID-19 virus. One of the major shakeups that is coming will be the destruction of the restaurant industry, which citing data from the […]

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Federal Reserve Declares That Official Unemployment Rate Could Hit 32%

Shoebat.com reported on the words of Steve Mnuchin that official unemployment rates could be 20% to 25%. However, even Mnuchin may have underestimated the seriousness of the current crisis. According to a report by CNBC, numbers released from the Federal Reserve Bank declare that 32% of the USA could be unemployed due to the virus. […]

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Workers Rebel Over Abusive Conditions As Modern-Day Slavers Force Them To Be Exposed To Dangerous Conditions Amid The Virus

The COVID-19 coronavirus is so dangerous that societies all around the world have been shutting down. However, while this has been going on, Amazon.com magnate Jeff Bezos, a billionaire many times over who made his money defrauding the working man of his justly earned wages (a sin that according to the Bible is in the […]

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