Chinese Coronavirus 2019-nCoV - Prepare for the Worst Now

[Kane]

- NHL suspends season
- Fed pumping $1.5 trillion into markets
- Fed pumping over $500 billion into overnight repo (up from $175 billion)
- Senate cancelling next week recess (no shit)
- Fauci admits US doesn't have the capacity to test like we need to (FINALLY ADMITS THE f**k TRUTH - https://www.bbc.com/news/world-us-canada-51860529)
- VIX now at levels we last saw in 2008
- banks are struggling

[John Galt]

[Kane]

Eh I'm not panicking. I'm actually going camping tonight if the parks will still have me...but watching this administration not respond to this is so surreal.

They literally can't source what we need. And POTUS himself is devoid of the ability to calm people and markets. And members of his administration have started to blame Europe for their own failures.

Just really f**k shameful and embarrassing. I hope the GOP gets its shit pushed back in come November.

[Kane]

[spacemonkey]

[spacemonkey]

[John Galt]

https://www.inquirer.com/health/coronav ... 00311.html

PHILLY explain your city

[Kane]

[Kane]

I feel like the ECB was right to resist stepping in for the markets yesterday - even if it caused a sell off central banks simply don't have the tools to address the fundamental issues right now. It's on the governments. And that's why the market is ultimately selling off - nobody has faith that these governments know how to do this or even to do anything. EU is hamstrung and the US is criminally negligent.

[exploited]

One response from a Boomer in my service club, so far.

His conclusion: fake news.

His wife is immunocompromised, by the way.