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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, August 01, 2020

Will America Accept the World's Worst Pandemic Response Government? / Politics / Pandemic

By: Patrick_Watson

Even in normal times, the news describes murders, accidents, wars, natural disasters, and the passing of once-famous celebrities.

Those deaths are usually just headlines. We don’t know the people, and we don’t expect to share their fate anytime soon. We note them and move on.

Ignoring the death news isn’t so easy in a pandemic that could sicken and possibly kill any of us, at any time. Yet people manage to do it. Some think it’s all exaggerated or fake. But even those who see the threat often tune out the news. They’d rather not think about it—and understandably so.

The virus doesn’t care what people think. It will, if given opportunity, try to infect them. A small percentage of those infected will die. Will others care?

Read full article... Read full article...

 


Politics

Wednesday, July 29, 2020

UK Supermarket Covid-19 Shop - Few Masks, Lack of Social Distancing (Tesco) / Politics / Shopping

By: N_Walayat

Anika's first supermarket shop in 4 months due to Covid-19. We're all masked up but most shoppers have still not got the message! And in Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.

Read full article... Read full article...

 


Politics

Monday, July 27, 2020

Why College Is Never Coming Back / Politics / Education

By: Stephen_McBride

Here’s some great news: one of America’s most broken industries is finally being exposed as a sham. And make no mistake, the end of college as we know it is a great thing.

It’s great for families, who’ll save money and take on less debt putting kids through school. It’s great for kids, who’ll no longer be lured into the socialist indoctrination centers that many American campuses have become. And as I’ll show you, it’s great for investors, who stand to make a killing on the companies that’ll disrupt college for good.

Read full article... Read full article...

 


Politics

Monday, July 20, 2020

Will Coronavirus Vaccines Become a Bridge to Nowhere? / Politics / Pandemic

By: Michael_Pento

The monthly U.S. budget deficit for June 2020 was a heart-stopping record $864 billion. For reference, last year's deficit for all of fiscal 2019 was just under $1 trillion. In other words, the June deficit was almost as much as the entire amount of red ink spilled one year ago. This year will see the worst annual amount of fiscal hemorrhaging ever—and by a whole lot. The figure will be at least $4 trillion in total, which is $2.6 trillion more than the peak suffered under the Great Recession. One has to imagine that with the Department of Labor reporting, there are now 32 million people collecting unemployment insurance as of June 27th--the amount of additional debt continues to pile up fast.

Read full article... Read full article...

 


Politics

Saturday, July 18, 2020

Tesco Scraps Covid Safe One Way Arrow Supermarket Shopping System / Politics / Pandemic

By: N_Walayat

Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.

Read full article... Read full article...

 


Politics

Friday, July 17, 2020

In Weaponizing the Dollar Trump’s Lieutenants Flunk Finance 101 / Politics / US Dollar

By: Steve_H_Hanke

In a scoop, Bloomberg reported last week that Secretary of State Mike Pompeo and some of President Trump’s top lieutenants are considering fully weaponizing the U.S. dollar to undermine Hong Kong’s financial system. The idea has been hatched to punish China for its recent aggressions in Hong Kong.

Just what does the weaponization of the greenback entail? The U.S. dollar is the international currency. It is the major reserve currency held by central banks, the most prominent currency used to denominate debt, and the unit of account for invoicing goods and services in international trade. The dollar’s stable value means that it is used widely for both international payment and interbank transactions, as well as for official intervention in foreign-exchange markets. In short, the dollar is entrenched at the center of the international financial system. This gives the United States an “exorbitant privilege,” as the Frenchman Valéry Giscard d’ Estaing pointedly put it. For the U.S., the benefits are incalculable.

Read full article... Read full article...

 


Politics

Friday, July 10, 2020

Prepare for the global impact of US COVID-19 resurgence / Politics / Pandemic

By: Dan_Steinbock

Recently, the US has suffered a series of COVID-19 surges. The escalation won’t stay in America. It is likely to cause collateral damage worldwide. 

In early June, U.S. states began to exit from the lockdown measures, even though the epidemic curve had not been adequately flattened. On July 4th, the White House sought for a “return to normal” with a celebration at Mount Rushmore, where President Trump, who has recently associated himself with far-right “white power” extremists, gave a bizarre speech warning about a “new far-left fascism.”

Read full article... Read full article...

 


Politics

Wednesday, July 08, 2020

Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario / Politics / Pandemic

By: Nadeem_Walayat

Three weeks ago I warned to expect an end to the trends of reducing number of deaths from covid 19 in the wake of black lives matters protests, lack of social instancing and winding down of lockdown's across the US and UK, where the only figure that actually counts in terms of the impact of the virus is in the number of deaths.

Whilst my analysis of Mid March warned to expect several pandemic waves where each subsequent wave 'should' be smaller than the one before due to increased institutional, governmental and individual intelligence on combating the virus..

Read full article... Read full article...

 


Politics

Friday, July 03, 2020

How the Fed Gets Away With Ripping Off Ordinary Americans / Politics / US Federal Reserve Bank

By: MoneyMetals

The Federal Reserve has printed trillions of dollars without generating runaway price inflation through the use of a neat trick.

The privately owned bank cartel shovels the bulk of the money to Wall Street banks and not to the public at large. Instead of millions of Americans rushing out to bid up prices on consumer goods, a relative handful of bankers is using the free money to bid up asset prices and then pay themselves huge performance bonuses.

It’s quite the racket. Fed officials have been able to point at stock prices as “proof” of how they successfully engineered an economic recovery.

Read full article... Read full article...

 


Politics

Thursday, July 02, 2020

US Fourth Turning Reaches Boiling Point as America Bends its Knee / Politics / US Politics

By: James_Quinn

Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.”H.L. Mencken

After writing a particularly depressing article where I come to a logical conclusion, based upon the factual evidence of all previous Fourth Turnings, I always wonder whether I’m being too pessimistic and peddling doom, like many of the clickbait websites. The conclusions I reached at the end of my last two articles were particularly gloomy and made me wonder whether I was going too far. I thought maybe I was too pessimistic and my predictions of civil chaos and global disorder were overblown.

“A failure to meet the challenges ahead with bravery, grit, good judgement, adherence to our Constitutional principles, and a fair amount of luck, could lead to a defeat from which we will never recover. No one knows how and when the climax of this Crisis will play out, but the acceleration towards our rendezvous with destiny is in motion.” – Fourth Turning Accelerating Towards Climax – May 10

It just so happened I published my last article on May 24, predicting a 2nd Civil War. I figured we might have a couple years to prepare, as there is likely five to ten years  before this Fourth Turning reaches a climax. Little did I know a black man with a long criminal background, high on fentanyl and resisting arrest in Minneapolis, would be killed by a white police thug named Derek Chauvin, who had seventeen complaints against him over his illustrious career, on the day after my article was posted. Oddly, it seems this murder will be our Fort Sumter/Pearl Harbor of this Fourth Turning.

Read full article... Read full article...

 


Politics

Thursday, July 02, 2020

Roosevelt 2.0 and ‘here, hold my beer' / Politics / US Politics

By: Richard_Mills

In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a “new deal for the American people” who had been ravaged by the Great Depression. 

After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs, and to undertake reforms in industry, agriculture, finance, hydroelectric power, labor and housing. 

Roosevelt’s New Deal, which lasted from 1933-39, also vastly increased the scope of the federal government in the economy. 

Agencies such as the Works Progress Administration and the Civilian Conservation Corps were established to provide short-term aid, as well as temporary jobs, employment on construction projects, and youth work in national forests. 

Read full article... Read full article...

 


Politics

Wednesday, July 01, 2020

Politicians Prepare New Money Drops as US Dollar Weakens / Politics / Government Spending

By: MoneyMetals

The gold and silver market rallied earlier this week to record slight new multi-year highs before giving back some of those gains late Wednesday and into Friday morning. 

Concerns about rising COVID-19 infections weighed on industrial commodities and stocks.  New York and Texas announced they would suspend further reopening plans, while a spike in cases in Arizona raised alarms among public health officials. 

However, other data shows that death rates continue to decline – evidence that the novel coronavirus is far less lethal than previously thought. And the rebound in infections is coming primarily from the ongoing increase in testing and reporting.

Read full article... Read full article...

 


Politics

Sunday, June 28, 2020

Meet BlackRock, the New Great Vampire Squid / Politics / Market Manipulation

By: Ellen_Brown

To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that. BlackRock has been called “the most powerful institution in the financial system,” “the most powerful company in the world” and the “secret power.” It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China), with over $7 trillion in assets under direct management  and another $20 trillion managed through its Aladdin risk-monitoring software. BlackRock has also been called “the fourth branch of government” and “almost a shadow government”, but no part of it actually belongs to the government. Despite its size and global power, BlackRock is not even regulated as a “Systemically Important Financial Institution” under the Dodd-Frank Act, thanks to pressure from its CEO Larry Fink, who has long had “cozy” relationshipswith government officials.

Read full article... Read full article...

 


Politics

Monday, June 22, 2020

Most Shoppers have Stopped Following Supermarket Arrows, is Coughing the New Racism? / Politics / Shopping

By: N_Walayat

Eliza's first shop in 3 months at Tesco, weekly grocery shop. Eliza may be 5 but she knows what the arrows are for, it's simple FOLLOW THE ARROWS! Though most shoppers don't! Perhaps people have got bored with following the rules so choose to ignore. Though one should not make the mistake of pointing out the arrows to others, as it's not likely to work.

However, there appears to be a new manifestation of racism, coughing at asian people as they walk past! It happened TWICE to me on this one shop! Two middle aged men this time, stand and wait for us to walk past them, then cough, cough!

Has happened before but frequency appears to be increasingly, definetly going to attempt to video such occrences with a body cam of sorts.

Read full article... Read full article...

 


Politics

Friday, June 19, 2020

UK Schools Failure to Reopen Impacts Mental Health of Children Sat at Home Instead of in Classrooms / Politics / Educating Children

By: N_Walayat

Britain's schools are very badly failing children that will have consequences long after covid-19 becomes a paragraph in the history books as the continuing failure to open schools is resulting in untold damage being done to the educational and mental well being of many millions of children across Britain.

UK schools were supposed to open on the 15th of June 2020. Instead most if not ALL schools have only paid lip service towards school openings who have followed local city council dictats of self prophesied covid-19 experts, who it should not be forgotten closed schools about 3 weeks too late to start with thus contributing to the triggering of a huge wave of deaths well beyond the Governments upper estimate of 20,000. Who now with the deaths coming under control have swung in the other extreme direction by refusing to reopen schools.

So that there is no confusion, asking children to check their emails for assignments and online resources does NOT amount to reopening of schools!

Read full article... Read full article...

 


Politics

Thursday, June 18, 2020

REOPEN THE SCHOOLS! Kids Going Crazy in Lockdown Britain, Sheffield UK / Politics / Educating Children

By: N_Walayat

Depending on where you live and what year you are in some children are getting their first taste of school today. However still most are not being allowed the opportunity for any face to face contact. Pediatricians warn of huge amount of damage being done to children's life chances and mental health unless schools are immediately opened as many kids are literally going crazy sat locked down at home!

And apparently whilst it is okay for children to visit Primark many schools are refusing to let children back into school which gives the impression of teachers literally hiding under their desks fearful of the little monsters that they refuse to see let alone teach, instead barraging parents with junk mail asking them to do their jobs for them.

Read full article... Read full article...

 


Politics

Monday, June 15, 2020

For History Unfolding To Stay Informed, Watch Less TV / Politics / Mainstream Media

By: Patrick_Watson

Pop math quiz: What is 1918 + 1932 + 1968?

Your calculator may say 5,818, but the real answer is 2020. This year has turned into a combination of those three historic years. In the US, we have

  • A deadly pandemic, like the one in 1918
  • An economic recession that could inspire major political change, as in 1932, and
  • Social unrest, public anger, and mass protests similar to 1968.

The good news: we’re not also engaged in a military conflict, as was the case in 1918 and 1968. But we have lesser involvements around the world, any of which could blow up any time. (Let’s hope they don’t.)

Read full article... Read full article...

 


Politics

Friday, June 12, 2020

US and UK Black Lives Matter Protests, Riots and Looting To Trigger 2nd Covid-19 Wave Peak? / Politics / Pandemic

By: Nadeem_Walayat

Briefly, the protesting and rioting of the past week that has shown little signs of social distancing coupled with relaxation of lockdown's is likely to trigger a second wave of sorts that a few weeks down the road could result in a rising death tolls for both the US and UK.

As things stand the Covid-19 deaths trend in the US continues to move the right direction with the 7 day average at 835 and the 14 day at distant 970, though the rate of decline has slowed over the past couple of weeks that implies that the US could be at risk of at least stalling at an average of about 800 deaths per day and worse risk an upwards trend towards a second peak over the coming weeks.

Read full article... Read full article...

 


Politics

Thursday, June 11, 2020

When Profits and Politics Drive Science: The Hazards of Rushing a Coronavirus Vaccine at “Warp Speed” / Politics / Pandemic

By: Ellen_Brown

More than 100 companies are competing to be first in the race to get a COVID-19 vaccine to market. It’s a race against time, not because the death rate is climbing but because it is falling – to the point where there could soon be too few subjects to prove the effectiveness of the drug.

So says Pascal Soriot, chief executive of AstraZeneca, a British-Swedish pharmaceutical company that is a frontrunner in the race. Soriot said on May 24th,

“The vaccine has to work and that’s one question, and the other question is, even if it works, we have to be able to demonstrate it. We have to run as fast as possible before the disease disappears so we can demonstrate that the vaccine is effective.”

Read full article... Read full article...

 


Politics

Wednesday, June 10, 2020

Trump's Final Gamble: From Chinagate to Hybrid Wars / Politics / China US Conflict

By: Dan_Steinbock

The disastrous failure of the Trump administration to contain COVID-19 will result in catastrophic 2nd quarter data. As a result, Trump is risking his re-election on domestic unrest, fatal geopolitics and a global depression.

The cold reality is that the Trump administration learned about the virus already on January 3, when CDC Director Dr. Robert R. Redfield informed Secretary of Health Alex Azar that China had discovered a new coronavirus. Yet no mobilization was initiated until toward late March (see my report here):

Indeed, the Trump White House missed three opportunities to contain the virus outbreak; in January (between CDC alert and WHO’s international emergency), the 1st quarter (between the WHO emergency and the pandemic alert) and the 2nd quarter (since social distancing began 6-8 weeks late and inadequately).

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