Economy
Intelligence report warned of coronavirus crisis as early as November: Sources (LesPhelps)
From that warning in November, the sources described repeated briefings through December for policy-makers and decision-makers across the federal government as well as the National Security Council at the White House. All of that culminated with a detailed explanation of the problem that appeared in the President’s Daily Brief of intelligence matters in early January, the sources said. For something to have appeared in the PDB, it would have had to go through weeks of vetting and analysis, according to people who have worked on presidential briefings in both Republican and Democratic administrations.
Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent (Adam)
The numbers are the first hard look at how many Americans are struggling to make rent during the coronavirus pandemic. The data come in the first of weekly reports on unpaid rent from NMHC, a landlord trade group.
Video: Can masks protect against the new coronavirus infection? (Tony)
Wearing a medical mask can help limit the spread of some respiratory diseases. However, using a mask alone is not guaranteed to stop infections. Their use should be combined with other preventive measures. Watch this short video to find out more.
Coronavirus: low antibody levels raise questions about reinfection risk (jdargis)
“Whether these patients were at high risk of rebound or reinfection should be explored in further studies,” the team wrote in preliminary research released on Monday on Medrxiv.org, an online platform for preprint papers.
Although the study was preliminary and not peer-reviewed, it was the world’s first systematic examination of antibody levels in patients who had recovered from Covid-19, the disease caused by the coronavirus, the researchers said.
As coronavirus fears grow, doctors and nurses face abuse, attacks (Sparky1)
In some cities, health-care workers are earning standing ovations for the long, life-risking hours they’re putting in to battle the coronavirus. But in others, they’re facing discrimination and even attacks.
Singapore coronavirus surge raises fears of post-lockdown breakouts (tmn)
Announcing the proposed extension of the travel ban, Margaritis Schinas, a commission vice-president, said: “While we can see encouraging first results, prolonging the travel restriction is necessary to continue reducing the risks of the disease spreading further. We should not yet let the door open whilst we are securing our house.”
Tucker Carlson: There has to be a more balanced course on coronavirus than the one we’re on now (Travis H.)
Former Obama official, Jason Furman, who is now an economist at Harvard, predicts the disruption may be even more severe than that: “We should certainly be prepared for a meaningful level of deliberate suspension of economic activity for the rest of the year.”
Well, it would be nice to know that there’s a good reason for all of this, and of course, everyone wants there to be a good reason, sincerely. Yet the arguments for a prolonged national lockdown are starting to sound strained.
Belgian-Dutch Study: Why in times of COVID-19 you can not walk/run/bike close to each other. (Peggy S.)
The researchers came to this conclusion by simulating the occurrence of saliva particles of persons during movement (walking and running) and this from different positions (next to each other, diagonally behind each other and directly behind each other). Normally this type of modelling is used to improve the performance level of athletes as staying in each other air-stream is very effective. But when looking at COVID-19 the recommendation is to stay out of the slipstream according to the research.
What’s Up with the Feds Seizing PPE Shipments to States and Hospitals? (yogmonster)
Another case happened just yesterday when the top county official in Somerset County, New Jersey, Freeholder Director Shanel Robinson, announced that a shipment of 35,000 masks had been confiscated by federal officials. According to this report in the Franklin Reporter and Advocate, “As of early in the afternoon of April 3, Robinson said that the county was told the surgical face masks would be delivered that day, but that the federal government had taken the N-95 masks.”
Silver: Left Behind Today, But NOT Tomorrow (GE Christenson)
The problem isn’t over-valued Internet stocks, or NINJA loans for real estate, or coronavirus. The problem is abundant and inexpensive credit, created by the banking cartel, that inflated dangerous bubbles.
The Elites Are Already Prepared for the Coming Collapse of the Dollar Bubble (thc0655)
Keep in mind that the trillions of dollars in loans that have been feeding corporate share prices through buybacks over the past few years just went up in smoke due to the downturn. Companies have been using central bank repo loans to juice stocks beyond all reason. In the past three years, the valuations have been ridiculous compared to the dismal earnings of the same businesses. All that cash was wasted, and these corporations remain in debt up to their eyeballs.
4 Famous Stores That May Not Survive Because of CCP Virus (thc0655)
During the pandemic, stores have been shuttered. Retailers have furloughed hundreds of thousands of employees and are losing most of their sales. And shoppers have cut back on most purchases other than groceries and daily essentials. Depending on how long consumer demand stalls, companies may be forced to lay off workers, close stores permanently, or restructure.
“Store-based retail was already struggling with internet consumption trends before coronavirus, and now will be faced with accelerated demand shifts to the internet,” Randal Konik, analyst at Jefferies, said in a note to clients last week.
A New World Is Being Born: What Will It Be? (thc0655)
Nationalization has numerous benefits. It permits the large unwieldly enterprises, created, for example, by the mergers of giant banks like Chase Manhattan and J.P. Morgan, to be broken up and to reestablish the separation of commercial from investment banking. The repeal of the Glass-Steagall Act and the suspension of enforcement of the anti-trust laws were ignorant policymaking at its worse. Nationalization permits the government to bring home the offshored production of global US corporations and to put the US workforce back to work in middle class jobs. It is win-win for the American people.
Who Will Win the Fight for a Post-Coronavirus America? (tmn)
No one knows yet what will come out of this crisis. But like so many other disasters, this one has revealed how interconnected we are; how much we depend on the labor and good will of others; how deeply enmeshed we are in social, ecological and economic systems; and how prevention or survival of something as deeply, bodily personal as a disease depends on our collective decisions and those of our leadership.
GEN John Allen: Prepare National Guard to Back Fill U.S. Law Enforcement (thc0655)
Allen and others recommend that National Guard troops join an “apprentice-like training” alongside domestic law enforcement, so that police officers can teach “standard police operations” and provide “on-the-job [training] and mentoring”. They also recommend that local, state, and federal governments provide funding for this mission, along with “full moral and rhetorical support” in situations where “civic institutions would be teetering.”
The virus is a positive-strand RNA virus with high homology to bat coronavirus. In this study, conserved domain analysis, homology modeling, and molecular docking were used to compare the biological roles of certain proteins of the novel coronavirus. The results showed the ORF8 and surface glycoprotein could bind to the porphyrin, respectively.
Is U.S. Energy Dominance Coming To An End? (Michael S.)
Department of Energy cited this data as a justification for why the U.S. doesn’t need to mandate cuts in order to “participate” in the potential OPEC+ agreement. “With regards to media reports that OPEC+ will require the United States to make cuts in order to come to an agreement: The EIA report today demonstrates that there are already projected cuts of 2 (million bpd), without any intervention from the federal government,” the U.S. Energy Department said.
Meat plants are shutting down as workers get sick (Sparky1)
The United States has a large enough meat inventory to prevent shortages for consumers, explained Christine McCracken, senior analyst of animal protein for Rabobank. Processors that were previously servicing restaurants or cafes have started to sell to retailers. And some restaurants are selling groceries, including meat, directly to customers.
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The post Daily Digest 4/9 – Report Warned Of Coronavirus Crisis In November, Is U.S. Energy Dominance Coming To An End? appeared first on Peak Prosperity.
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