Search results for "Trump"

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 […]

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 […]

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 […]

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 […]

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 […]

As the chaos from the COVID-19 coronavirus goes around America and people are out of work, the Wall Street Journal reports that Americans are hoarding cash at record rates. Americans have been hoarding cash at the fastest pace since the Y2K jitters two decades ago…US business loan balances jumped by the highest percentage on record […]

Bloomberg by way of Zero Hedge is reporting that in light of the COVID-19 Coronavirus fiasco, gold shortages are appearing as traders are seeking to cash in paper contracts (IOUs) for gold and take possession of the physical metal. But the virus, and the global economic collapse that it’s sparking, have created such extreme price […]

Republican Congressman Thomas Massie of Kentucky has become a source of hatred for the Republican party and President Trump, who verbally abused him and attacked him for being the only congressman in all of Congress to oppose the Coronavirus bailout bill. Even before the 49-year-old drew Trump’s ire on Twitter, he had been a thorn […]

By Theodore Shoebat A man in Brooklyn attacked an Asian man and screamed: “You f–king Chinese spreading the coronavirus!”. This is yet another story of racism that has been sparked by fear of the coronavirus which has been being used to stoke up stigma against other people. As we read in a report from the New […]

For years, Shoebat.com has been warning about the rise of national socialism around the world. National socialism is the combination of nationalism, often accompanied by the nationalization of industry, with socialism. Hence, the term is “national socialism”. When Ted, Walid, and I started talking about this as a primary focus, noting a change in the […]

Ben Bernanke was villified as the man who continued to “print money” in the years following the financial crisis of 2007, and rightly so because printing money only worsened the economic situation. The problems facing the US have nothing to do with a lack of money or the economy, but with toxic levels of debt […]

“Le bon temps rouler” means “let the good times roll.” For years, this was the motto of those adoring the last eleven years of US economic “growth”, which was as real and genuine as were is for most women who go “overnight” from a size B to FFF cup bustier. However, just as plastic surgery […]

Lenin famously is attributed to have said a variant of the following phrase- ‘there are decades when nothing happend, and weeks when decades happen.’ Like or hate Lenin, his words in this respect are coming true with the effects of COVID-19 and how the pandemic is rapidly reshaping world politics. According to AFP by way […]

I have advocated that people should be prepared for the unexpected not out of a fear of the unknown, but the fact that life is fundamentally changing and it is not for the better. Poverty is abounding and is going to increase, people are going to be put out of work, and life will become […]

As countries are locking themselves down across the world because of the COVID-19 coronavirus, the second most populous nation of India has followed suit, locking down their nation in what some are saying is the largest lockdown in history that will last for twenty-one days. Addressing the nation for the second time in less than […]