From Global Virus Acceleration To Global Debt Explosion

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Former U.S. Congressman Predicts Financial Armageddon in 2020

For over a decade, this former U.S. Congressman has made a point to stay behind the scenes - until now. Today, something so big has begun to happen in America that he has come out of retirement to reveal his shocking analysis, for the first time on this scale.

In this controversial video he reveals details on a coming financial event that will change your life.

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Written by Dan Steinbock, Difference Group

The novel coronavirus is exploding in the US and Europe, due to complacency and inadequate preparedness. The escalation will translate to debt explosion, which will further complicate and prolong the fight against the virus globally.

As the COVID-19 challenge moved from imported cases to local transmissions, I warned in the briefing of March 9 that the rise of local transmissions was a game-changer in the coronavirus escalation.


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What We Read Today 20 March 2020

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is usually published Monday, Wednesday, and Friday in the late afternoon New York time. For early morning review of headlines see 'The Early Bird' published Monday through Friday in the early am at GEI News (membership not required for access to 'The Early Bird'.).


Most of this column ('What We Read Today') is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.


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 more features, analysis, studies, and news published in the last week

The Real 401k Plan Manager

Written by Lance Roberts, Clarity Financial

A Conservative Strategy For Long-Term Investors

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Infographic Of The Day: COVID-19 Crash - How China's Economy May Offer A Glimpse Of The Future

Today's infographic outlines the sharp losses China's economy has experienced, and how this may foreshadow what is to come for countries currently in the early stages of the outbreak.

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Video of the Day:

The US has experienced its deadliest day yet in the battle against COVID-19. While there have been many reports about how bad things are at hospitals with a lack of personnel and supplies, we are now getting our first look inside. Thanks to an emergency room Dr. who is sharing video from the epicenter of the outbreak to show just how bad things really are, Inside Edition was taken inside the hard-hit Elmhurst Hospital in Queens, New York, where 13 people died in just one 24-hour period.

video of day picture

Current Weather Outlook

Written by

We published the NOAA Long-Term Forecast Friday Night.  Here we compare the NOAA forecast for Alaska and CONUS with the JAMSTEC forecast. Also provided are the JAMSTEC World Forecasts with special emphasis on Europe. As usual, the two forecasts are not in agreement especially in terms of Spring and Fall temperature and Summer and Fall Precipitation. JAMSTEC seems to be calling for a decent Monsoon and also a wet Central Plains and even the Northern Plains.


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The Bear Still Rules For Now.

 more opinion

Another Housing Crisis Is Coming And Bailouts And Eviction Freezes Won't Be Enough To Prevent Many From Losing Their Homes

from The Conversation

-- this post authored by Roshanak Mehdipanah and Gregory Sallabank, University of Michigan

Millions of Americans are suddenly out of work as the financial and economic crisis sparked by the coronavirus pandemic deepens. Without an income, most of these people will have a hard time covering their expenses, including keeping a roof over their heads.

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 USA economy at a glance (boxed items are updates in last 7 days)

Average Gasoline Prices for Week Ending 30 March 2020 Down 67 Cents From A Year Ago

Average gasoline prices fell 11.4 cents this past week following the previous week's 12.6 cent fall.

Average prices by region and a breakdown by grade follow after "Read more....".

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