Author: Jon Delaney

IDEA address: TJqAxZoBvah9EDGiN8xDFDyL2J4xrgn7bq
Hundred Fully Loaded Tankers Anchored Off Singapore, BP Reported $4 Billion Loss
28. 4. 2020 No Responses

Hundred Fully Loaded Tankers Anchored Off Singapore, BP Reported $4 Billion Loss

Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on the world despite the protests of its fellow cartel members, oil prices crashed as a...
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Saudi Arabia is maneuvering to survive the oil price crisis
26. 4. 2020 No Responses

Saudi Arabia is maneuvering to survive the oil price crisis

Saudi Arabia may have to borrow as much as $58 billion this year to cover a budget shortfall caused by the oil price slump, Bloomberg reports, citing Finance Minister Mohammed al-Jadaan. Al-Jadaan told media this week that the Kingdom might...
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Historic Oil Crash Sends Canadian Oil Prices Negative, WTI To $11.05
20. 4. 2020 No Responses

Historic Oil Crash Sends Canadian Oil Prices Negative, WTI To $11.05

When GS’s crude oil analysts turned apocalyptic last month, writing that “This Is The Largest Economic Shock Of Our Lifetimes”, they echoed something we said previously namely that the record surge in excess oil output amounting to a mindblow...
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Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe And Social Distancing Sunbathing This Summer
16. 4. 2020 No Responses

Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe And Social Distancing Sunbathing This Summer

Once the quarantine is over, there will be time to explore and observe how society has evolved rapidly. Well, by the time everyone makes it out of the house this summer, we all might be ushered back into quarantine by...
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SoftBank Reports Stunning $25 Billion Q1 Loss
15. 4. 2020 No Responses

SoftBank Reports Stunning $25 Billion Q1 Loss

In an announcement that should surprise absolutely nobody who has been paying attention to WeWork fiasco, SoftBank announced in a corporate filing on Monday that the Japanese telecom conglomerate with a VC arm expected to report the biggest loss in...
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FED To Start Buying Junk Bonds
11. 4. 2020 No Responses

FED To Start Buying Junk Bonds

As free markets are actually dead, back on March 23, when the Fed unveiled it would start buying investment grade corporate bonds, many analysts said “now that the Fed is effectively all in, it will buy stocks and junk bonds next.” Two weeks...
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EU approves food made from worms & insects
7. 4. 2020 No Responses

EU approves food made from worms & insects

As Vietnam bans export of rice and India on total lockdown, food crisis is not so distant probability. EU plans to drop rules preventing some countries from serving up insects and worms for human consumption. I know that getting a...
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Key Points of $2 Trillion Stimulus Package
25. 3. 2020 No Responses

Key Points of $2 Trillion Stimulus Package

While it will take some time to sort through all the pork contained in the massive $2 trillion coronavirus legislation negotiated between the Trump administration and Congressional leaders early Wednesday, here are some of the major provisions. The bill &#8211...
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Dems Unveiled $2.5 Trillion Stimulus Counterproposal
23. 3. 2020 No Responses

Dems Unveiled $2.5 Trillion Stimulus Counterproposal

House Democrats Unveil $2.5 Trillion Stimulus Counterproposal, $1.5k Direct Payment per Person. The new Democrat counterproposal will equate to nearly $2.5 trillion, including a $1,500 direct payment to citizens. It will include $150 billion in healthcare fund...
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Global Liquidation Continues Despite Massive Monetary Intervention
16. 3. 2020 No Responses

Global Liquidation Continues Despite Massive Monetary Intervention

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program i.e. QE5. US Futures were halted limit-down overnight, and when cash markets opened, they were halted (down over 7%) before rallying all the way back up...
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Wikipedia demasked as political disinformation instrument
11. 3. 2020 No Responses

Wikipedia demasked as political disinformation instrument

Wikipedia is generally thought of as an open, transparent, and mostly reliable online encyclopedia. Yet upon closer inspection, this turns out not to be the case. In fact, the English Wikipedia with its 9 billion worldwide page views per month is governed ...
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Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks
6. 3. 2020 No Responses

Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Three weeks ago, former FED Chair Janet Yellen incepted the idea that during the next crisis, the FED should consider expanding the range of assets it would purchase, most notably buying stocks. Well, thanks to experiments conducted in a Chinese BSL-4...
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WHO Encourages Adoption Of Alternative Greetings
2. 3. 2020 No Responses

WHO Encourages Adoption Of Alternative Greetings

WHO Encourages Adoption Of “Alternative Greetings” Like The “Elbow Tap” And “Foot Shake” To Fight Coronavirus As humanity struggles to “adapt” to the coronavirus outbreak, which has suddenly introduced a patina o...
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Helicopter money finally lands in Hong Kong
27. 2. 2020 No Responses

Helicopter money finally lands in Hong Kong

Government Gives Every Adult Citizen HK$10,000. Hong Kong just went full monetary-policy excitation. In a desperate effort to “do something” about the economic collapse that the region is suffering. Hong Kong’s Financial Secretary Paul Cha...
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UK’s Vodafone and Other Telcos Fight for Survival
24. 2. 2020 No Responses

UK’s Vodafone and Other Telcos Fight for Survival

UK’s Vodafone, Other Telcos Fight for Survival as Indian Government Sends Notice on $20.4 Billion Dues. Vodafone’s global CEO Nick Read said last November that there had been a “very challenging situation for a long time” in India. Almost a...
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