Fallout from COVID-19

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I can’t agree more that people are responsible for their own actions. I hate lawyers and their ability to legally rob companies and people. Scum sucking bottom feeders. All the commercials advertising to sue for everything make me sick. Has anyone else ever noticed that the majority of politicians are lawyers....
 
Couldn’t have said it better. So sick of the irresponsible blaming others and demanding government is the answer. We had a vacation abroad booked...we did not take the chance and go on it. That was late February. Yes we lost our money, but it was the right decision. I don’t feel sorry for those who went ahead with their trips.

Same here. We had a trip planned to Europe in July.
 
Same thing with all the Americans stranded overseas. Were they not paying attention??? I'd have been on the first plane or boat headed home. I told my daughter in February that she had to reconsider her wedding plans because flying is going to be a problem. It took her over a month before she realized that she had no choice but to cancel her reservations.
 
Ilhan Omar unveils bill to cancel rent and mortgage payments amid pandemic

"Under the legislation announced on Friday, landlords and mortgage holders would be able to have losses covered by the federal government."

https://www.yahoo.com/news/ilhan-omar-unveils-bill-cancel-164750468.html


These young Americans are so dumb, or have been "educated", to believe that "the government" can just give away "free money" to everyone for everything. How do they not realize WE are the government!?!?!?!? WE have to pay for those things. I think we have reached the point our forefathers warned about, where the most ignorant and lazy among us have figured out they can vote themselves "free money".

As Dandy Don would say every Monday night... Turn out the liiiiights, the party's over...

 
https://apple.news/AcipO8MiKRlS7OWnO2dnupw
this is apples news so I’m afraid they may ask for a subscription but I’m hoping it opens for you all. It’s about social unrest from the economic damage in countries around the world. This is what could truly turn into a complete SHTF scenario. Hungry people don’t care about laws, courts, or rule of any kind. This virus has already surprised us all with its impact on the world, I’m just hoping it doesn’t get much worse than it allready is.
 
I have not doubt that in some parts of the world this will be totally devastating. People living in crowded slums in Third World countries will be completely at its mercy and will have have nobody to turn to as it burns through the slums. We will probably never even hear about those places and not get any kind of count of the infected and dead. We will only hear about it when they revolt.

Burundi has reported a total of 5 infections and 1 death. BUT they have only administered 80 tests total in the whole country.
 
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https://apple.news/AcipO8MiKRlS7OWnO2dnupw
this is apples news so I’m afraid they may ask for a subscription but I’m hoping it opens for you all. It’s about social unrest from the economic damage in countries around the world. This is what could truly turn into a complete SHTF scenario. Hungry people don’t care about laws, courts, or rule of any kind. This virus has already surprised us all with its impact on the world, I’m just hoping it doesn’t get much worse than it allready is.

I gaurrenty you it's going to get much worse. Sorry
 
Ilhan Omar unveils bill to cancel rent and mortgage payments amid pandemic

"Under the legislation announced on Friday, landlords and mortgage holders would be able to have losses covered by the federal government."

https://www.yahoo.com/news/ilhan-omar-unveils-bill-cancel-164750468.html


These young Americans are so dumb, or have been "educated", to believe that "the government" can just give away "free money" to everyone for everything. How do they not realize WE are the government!?!?!?!? WE have to pay for those things. I think we have reached the point our forefathers warned about, where the most ignorant and lazy among us have figured out they can vote themselves "free money".

As Dandy Don would say every Monday night... Turn out the liiiiights, the party's over...

This and the $2000/per person for 6 months. I don't know where they think the money is going to come from. They can't "tax the companies" either because they are all losing money right now too.
 
"Helicopter money" - money printed out of thin air with no monetary constraint and paid directly to citizens with no strings attached.

The Economic Stimulus Act of 2008 used helicopter money.

The term was coined by Milton Friedman in a parable of dropping money from a helicopter to illustrate the effects of monetary expansion on inflation. He used the term derisively. Later Ben Bernanke, Federal Reserve Board governor, suggested that helicopter money be used for monetary control, and was derided for it.
 
I can’t agree more that people are responsible for their own actions. I hate lawyers and their ability to legally rob companies and people. Scum sucking bottom feeders. All the commercials advertising to sue for everything make me sick. Has anyone else ever noticed that the majority of politicians are lawyers....

Its cos both professions are morally bankrupt
 
https://apple.news/AcipO8MiKRlS7OWnO2dnupw
this is apples news so I’m afraid they may ask for a subscription but I’m hoping it opens for you all. It’s about social unrest from the economic damage in countries around the world. This is what could truly turn into a complete SHTF scenario. Hungry people don’t care about laws, courts, or rule of any kind. This virus has already surprised us all with its impact on the world, I’m just hoping it doesn’t get much worse than it allready is.

Can you cut and paste the article please Brent?
 
Same here. We had a trip planned to Europe in July.

In a city cafe :)

upload_2020-4-20_12-29-24.jpeg
 
Here it is Bill;
As economies collapse, unrest begins to erupt around the world

BEIRUT — As more than half the people in the world hunker down under some form of enforced confinement, stirrings of political and social unrest are pointing to a new, potentially turbulent phase in the global effort to stem the coronavirus pandemic.

Already, protests spurred by the collapse of economic activity have erupted in scattered locations around the world. Tens of thousands of migrant laborers stranded without work or a way home staged demonstrations last week in the Indian city of Mumbai, crowding together in defiance of social distancing rules.

In locked-down Lebanon, which was confronting financial collapse even before the coronavirus paralyzed the economy, angry people have swarmed onto the streets in Beirut and the northern city of Tripoli on at least three occasions. In Iraq, where a six-month-old protest movement demanding political reforms fizzled in the face of the country’s coronavirus curfew, there have been spontaneous but brief outbursts of rage in the city of Nasiriyah and the impoverished Baghdad neighborhood of Sadr City.

For now, fears of infection are keeping most people indoors. Strict controls imposed by governments and security forces deter the kind of organized protests that were sweeping the world from Hong Kong to Chile before the pandemic struck. The health crisis has come as a boon for some authoritarian leaders, empowering them to introduce the kind of controls on their citizens they could only have dreamed of before the spread of covid-19.

In Kenya as of Saturday, as many people had died in police crackdowns on citizens defying curfew as from covid-19, according to human rights groups and government statistics.

But the restrictions aimed at halting the coronavirus are also causing new poverty, new misery and new rumblings of discontent among the world’s working poor, for whom hunger can appear to be a more immediate threat than being infected.

“I’d rather die of the virus than die of hunger, or see my son or my wife go hungry, but I can’t provide them with food,” said Hussein Fakher, 20, who used to earn a little less than $20 a day driving a tuk-tuk in a now-shuttered market in Baghdad. He got into a fight with police who tried to fine him for violating Iraq’s curfew when he went out to seek work. “What should I do?” he asked. “Beg? Steal?”

Coronavirus chills protests from Chile to Hong Kong to Iraq, forcing activists to innovate

The United Nations and the International Monetary Fund are among those that have warned in recent days that the pandemic could unleash what U.N. Secretary General António Guterres called “a significant threat to the maintenance of international peace and security.”

With the IMF forecasting the worst global recession in nearly a century, there is a risk of “an increase in social unrest and violence that would greatly undermine our ability to fight the disease,” Guterres said.

Wealthier countries where workers are losing jobs by the millions are not immune. Conservative groups in the United States are organizing protests against lockdowns in several states, including Michigan, Minnesota and Virginia. In Germany, courts have ruled in favor of groups seeking to stage demonstrations in several towns and cities against coronavirus restrictions.

In Italy’s relatively impoverished south, the lifting of restrictions earlier this month led to a crime wave that obliged police to guard supermarkets targeted for robberies by hungry citizens.

But it is the world’s poorer nations, which can’t afford subsidies for those who lose jobs, that are most vulnerable to heightened unrest, said Cátia Batista, professor of economics at Lisbon’s Nova University. More than 2 billion people worldwide depend on daywork to survive, according to the International Labor Organization, and for many of them, not working often means not eating.

A recent study by a U.N. think tank, the World Institute for Development Economics Research, warned that 500,000 people could slide into absolute poverty as a result of the pandemic’s restrictions, reversing three decades of progress in the war against poverty.

“If people don’t work, they don’t get paid, and there is a risk of hunger,” said Batista. “The natural response is unrest.”

The emerging economies of Africa will also be badly hit, she said. Relatively few coronavirus cases have been reported there so far, largely due to the lack of testing, but many Africans will be questioning why they are unable to work when there appears to be no immediate threat to their lives.

The Middle East, already ravaged by war, could be a key flash point, analysts say. The Arab Spring revolts of nearly a decade ago are still playing out in the ongoing conflicts in Syria, Yemen and Libya. A second wave of protests in Iraq, Lebanon and Algeria over the past year was tamped down by the restrictions aimed at halting the pandemic, but that quiet may not last.

Hardship has already triggered several individual acts of desperation. A video circulating on social media in Lebanon showed a man setting fire to his taxi after police ticketed him for breaking the lockdown. Another showed the flaming figure of a Syrian refugee running in a field, after he set himself on fire because he was unable to feed his family.

A man died after also setting himself on fire in Tunisia, where the spark of the Arab Spring was lit nearly a decade ago by the self-immolation of a fruit seller told by a policewoman that he was not allowed to sell on the streets.

The next round of unrest in the Arab world could be uglier and more violent than the organized protest movements that have sought political reforms, said Fawaz Gerges, professor of international relations at the London School of Economics.

“I fear social explosions,” he said. “This will not be about democracy. This will be about abject poverty. This is where the danger lies. This will be about starvation.”

Much will depend on how long the coronavirus pandemic lasts, said Ali Fathollah-Nejad of the Brookings Institution in Doha, who studies Iran. There, anti-government protests that erupted last fall have subsided in the face of the worst outbreak of the coronavirus in the Middle East. A report by Iran’s parliament publicized last week suggested Iran could have 10 times more than the official number of reported coronavirus cases, currently put at 79,494, and twice as many deaths as the 4,958 officially reported.

The dangers are deterring people from going onto the streets, and the authorities can point to the health risk posed by large gatherings to discourage people from participating. “But the root causes of the protests — the economy, poverty and corruption — are not going away,” he said.

A second or third wave of coronavirus infections could rattle even authoritarian states such as China, whose ruling Communist Party has maintained a tight grip on its citizens for the past three decades by delivering soaring prosperity in return for political loyalty.

The announcement by the Chinese authorities on Friday that the Chinese economy had shrunk by 6.8 percent in the first quarter of 2020, marking the country’s first recession since capitalist-style reforms unleashed explosive growth in the 1990s, was a reminder that the social contract could be at risk, said Yasheng Huang, a professor with the Sloan School of Management at the Massachusetts Institute of Technology.

Dozens of people in the city of Wuhan, where the coronavirus first emerged late last year, took to the streets after lockdown restrictions were lifted earlier this month to demand rent forgiveness. Violent clashes erupted between police and protesters on the border between the provinces of Hubei and Jiangxi after lockdown restrictions were lifted in Hubei and police in the neighboring province refused to allow Hubei residents to enter.

Trust in the government is key for maintaining the loyalty of citizens who are forced to endure severe setbacks to their livelihoods for the sake of quelling the spread of infections for the populace at large, Huang said. That trust was eroded by clear evidence that the government sought to hide the initial severity of the coronavirus’s spread, perhaps prolonging and deepening the economic costs to the country as a whole.

The struggle of the United States in managing its coronavirus outbreak, however, has tempered much of the frustration Chinese were feeling with their own government, he said. “The fact that the United States is failing at such a colossal level is actually helping the Chinese narrative, that they have the best system in the world to deal with this,” Huang said.

Liz Sly is The Washington Post’s Beirut bureau chief, covering Lebanon, Syria and the wider region. She has spent more than 17 years covering the Middle East, including the first and second Iraq wars. Other postings include Washington, Africa, China, Afghanistan and Italy.

Democracy Dies in Darkness

© 1996-2020 The Washington Post
 
In Italy’s relatively impoverished south, the lifting of restrictions earlier this month led to a crime wave that obliged police to guard supermarkets targeted for robberies by hungry citizens.
Yep, it's when the restrictions end that we will see things erupt. It's going to be ugly.

I keep telling y'all: "Open your eyes and look around - This is a global TEOTWAWKI event."

It is unfolding in slow motion, but the world as we know it is history. It will never look the same again.
 
Same thing with all the Americans stranded overseas. Were they not paying attention??? I'd have been on the first plane or boat headed home. I told my daughter in February that she had to reconsider her wedding plans because flying is going to be a problem. It took her over a month before she realized that she had no choice but to cancel her reservations.

I hear you. My daughter attends UCLA. When this virus first started to affect us, we told her she needed to come home before the situation got worse. Fortunately she listened.
 
I'm watching the global food supply and chain which has already dropped 2.1% right now we ain't at a crises point, US is still looking ok for now regarding food supply but the impact is starting to hurt the farmers, small example of this is corn, farmers grow corn not just for food but also fuel (ethanol) but because fuel consumption is down, not do they have an over abundance of corn seeds, the field have been prepped for growing corn, now the have to order seeds for an alternative crop and reprep the fields, what this means is shorter growing season and we still don't know the impact of AG workers coming on to the fields during COVID-19. The USDA is closely monitoring the AG workforce, something they are concerned with, this will make or break this harvest season.

COVID-19_and_Futures.jpg
 
On top of that, the Mississippi Delta, which is a major agricultural region, has been flooded since last summer with no end in sight. My brother in law in Mississippi told me last week that one of our food plots for deer was three feet under water with nowhere to drain to because the Yazoo river is out of its banks and rising.
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