Tag: self care

Mar 16, 2020; COVID 2019, Code RED – …and you thought last week was bad

The slow, too small, and too narrow sought-after responses don’t merely reflect being in a fog of information gaps. The speed and aggressivenesses of the lockdowns, and their drastic impact make the broad outlines all too clear. Our supposed leaders are in a fog of denial. They cannot fathom that so much of what they had come to accept as the normal and proper operation of our system will crumble if radical action isn’t taken soon, yet that very radical action will also result in changes they deem inconceivable, or worse, aesthetically unacceptable.

Yves Smith

Options/Ideas/SelfCare


Not much to do but sit and watch in horror as the layers of the fake-world-view are peeled off to display what actually is going on.

I’m sitting here awaiting the open of the US markets to see if dropping interest rates and pouring a shit ton of money into it will save the worlds financial system. Still not a lot of attention to the Peeps.

Consider this week our “Neo, awakening moment”.

Stay healthy. Strong! Resilient!

Don’t have much choice.

Mar 15, 2020; COVID 2019, Code RED – …Adjustment Reactions


Important insights to everyone who is suddenly aware of COVID-19.
Watch it.
Share it.

Options/Ideas/SelfCare

I believe that this health/financial crisis is morphing quickly into a Deeper Depression (as in worse than the 1930’s Depression). I don’t believe that we will come through this and be unchanged. Lots to consider, and I’ll post some more on this.

We need to consider long term concepts: income, food, security, community, tons more. This is getting really shitty.

Plan on getting thru the next 2-3 months. By mid May we should be in the peak of infections with the resultant chaos. All the more important to stay healthy during this time. Prepare for an extended duration that could be for years ahead.

The better idea still appears to be to NOT catch it. Keep your immune system strong. Don’t panic, but stay alert. You need to balance your own considerations/plans and understand that you will have to hand-hold not only you, but family and friends.

Its a hard pill to swallow if you just woke up to this. Unfortunately or fortunately those that know are simply better informed/prepared and positioned. Its time everyone knew. Self isolate. Stay-the-Fuck-Home.

Stay strong, resilient and healthy.

Mar 13, 2020; COVID 2019, Code RED – …Its going to get far worse.

It’s going to be within the next week or two — probably even more like a week,”

Dr. Anthony Fauci,
In attempting to deflect concern regarding test kits

“This is what you can conclude:

Excluding these, countries that are prepared will see a fatality rate of ~0.5% (South Korea) to 0.9% (rest of China).

Countries that are overwhelmed will have a fatality rate between ~3%-5%

Put in another way: Countries that act fast can reduce the number of deaths by a factor of ten. And that’s just counting the fatality rate. Acting fast also drastically reduces the cases, making this even more of a no-brainer.”

Tomas Pueyo.
I think I started screaming about this at the beginning of Feb. Who knew?!?!


“While there is “some truth” to the statement “that no one” could have seen the fallout of the “coronavirus” being escalated by an “oil price” war, there has been mounting risks for quite some time from valuations, to price deviations, and a complete disregard of risk by investors. While we have been discussing these issues with you, and making you aware of the risks, it was often deemed as “just being bearish” in the midst of a “bullish rally.” However, it is managing these types of risks, which is ultimately what clients pay advisors for.

It isn’t a perfect science. In times like these, it gets downright messy. But this is where working to preserve capital and limit drawdowns becomes most important.”

Lance Roberts of Realinvestmentadvice.com
See article below
or more importantly……
Did your advisor tell you to act with prudence or stay the course? or wait for opportunities? or whatever the heck their higherups have instructed them to say.
Remember, it’s all about THEIR money

The worlds central banks and countries are unloading everything they have to forestall an economic meltdown. Ready to pour untold billions in this gasoline fire that has become our economic world. All while the vultures are looking for buying opportunities.

They are attempting to prop up that rickety chair they created by pouring money into it since 2009. It may work. Likely won’t. Then what?

The world watches the US begin to grapple with this under the watchful leadership of Le Grande Orangutan and tribe. Lets face it, if the US crumbles all bets are off worldwide. And its on the edge of crumbling. Wait until their goobermunt tries to begin to forcibly contain quarantine cases, stem the panic of shortages, explain their lack of anything meaningful.

It’s yet to be determined if China is out of the woods. Forcing their people back to work may have merely passed around the coronavirus to more people ready for their next phase of infection. We don’t know if China can pull it out yet. Their industries are floundering at best, to supply stuff to the the rest of the world, who are going thru extreme duress attempting their own population saving methods.

Anticipate major US outbreaks in next 7 days (and oh Canada), more so when test kits are actually available. The US work force will be in the same boat as the rest of the world.

The three economic engines of the world will be in some form of shutdown for the next 2-3 months; China, Europe and the US.

I say as gently as possible, how is pouring printed cash going to prop up the worlds industries whilst its peoples are under extreme duress, not working, not buying stuff. We have built a consumer world with lifestyles to match. Financial bailouts to the Rotten who played along with this gigantic Ponzie scheme won’t have dealt with health issues, debt issues or other GTB. Remember Climate Crisis????

We need to prepare for a complete breakdown of the systems we have grown accustomed to. Government support, supply chains, availability of food, supplies, equipment. Depending on where you are in the world, things will vary.

We have a massive Depression coming and we are seriously underprepared.

No worries, nothing to see here, move along.


Do your best not to catch the coronavirus!


Self Care


I usually ain’t that bright, but it seems to me that all countries follow a similar pattern and have since COVIS-19 got out of China. To expect otherwise is … hmmm … just silly.

And we’ve known this for at least 4 weeks. Makes you wonder doesn’t it?


Wrap it Up….Please

Grab hold, hang on and prepare for a brutal ride.

Stay strong, safe and suck up your inner GRIT.

Mar 12, 2020; COVID 2019, Code RED – …Its time to take your own path.


…..But this time it is different. 

We naturally assume our Governments know what they are doing, and our financial leadership is fully informed. They are advised by the brightest, smartest and most informed scientists, technocrats, economists and industrial leaders. They will have analysed the way in which the virus is spreading, understood the transmission rate, the likelihood of mass infection, plotted where health resources are likely to be most efficiently targeted, figured out the areas of likely economic weakness, examined the policy options and concluded the right way to address crisis with well-timed fiscal policies, supported by accommodation across the market. 

BUT… 

It’s as clear as a bell that Trump had no plan to address the Coronavirus before he was finally forced to say something Monday. Until then it was a “fake-news” distraction. He made a political gamble: that the virus would recede before it became a crisis, making him look smart and a market genius for calling it.

Bill Blain, The morning Porridge blog
see article below
This from Ars Technica article below

Self Care

  • Don’t Panic: The comprehensive Ars Technica guide to the coronavirus [Updated 3/11]. Bookmark this one
  • Social distancing, lockdown and quarantine and policy responses . by Edward Harrison.
  • Coronavirus: Why You Must Act Now. by Tomas Pueyo. There is one very simple thing that we can do and that works: social distancing. The coronavirus is coming to you;
    • It’s coming at an exponential speed: gradually, and then suddenly.
    • It’s a matter of days. Maybe a week or two.
    • When it does, your healthcare system will be overwhelmed.
    • Your fellow citizens will be treated in the hallways.
    • Exhausted healthcare workers will break down. Some will die.
    • They will have to decide which patient gets the oxygen and which one dies.
    • The only way to prevent this is social distancing today. Not tomorrow. Today.
    • That means keeping as many people home as possible, starting now.
    • As a politician, community leader or business leader, you have the power and the responsibility to prevent this.

At this point it looks like, the way things play out everywhere, health care systems quickly become completely overwhelmed, and people are left to fend for themselves. What if politicians just said this – we bungled it and our health care, as it has been designed, does not have the capacity to deal with this – can’t redesign the system now, too late for that, you are on your own? No politician would ever be this honest, so we will go thru the charade of pretending to be able to help everyone, full speed ahead towards the brick wall, and turn away when the wheels fall off. In Canada our federal government just announced a whole billion dollars to help with health care costs!!!!!

sumac.carol

The biggest question, everyone agrees, is how long the downturn in demand will be. If it is brief, will people start spending again after a month or two, making up for lost spending by using what they have saved while in isolation? “If not, we are talking about going back to the Middle Ages: no company will survive.

Stefano Visalli, founder of Oxy Capital,

All the ‘solutions’ we are seeing from the powers that be are reminiscent of the great financial crisis. Bailing out the zombies while structural issues surrounding allocation of resources remain — liquidity does not control the spread of this virus. Where are the hospital beds, ICUs, doctors, medical equipment and vaccine R&D?

Sue Trinh, global macro strategist
at Manulife Investment Management in Hong Kong



Wrap it Up….Please

Its time to implement your own self isolation. Particularly if you are in the danger zone over 60 years of age.

This will protect you and your neighbours.

We are at the point where we have to ride out the shit storm coming and be ready to scrape together whatever is left. At the moment we have no idea what this looks like.

If you can, consider longer term plans. We have no idea what we will face in the coming months/years but with every gooberment fixated on solving the economic disaster, we should not hold out much hope for their attention when we need it.

The “stock” market economy is teetering wildly, international companies are beginning to see the shortage of parts/pieces and general stuff that won’t be increasing anytime soon. This is beyond the scope of the children in charge. (they built it, and built upon it, for 35 + yrs, while we watched).

Grab hold, hang on and prepare for a brutal ride.

Stay strong, safe and suck up your inner GRIT.

Mar 11, 2020; COVID 2019, Code Yellow morphing into Red- ..Lies and the Lying Liars.


So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!

Drumplstiltskin via TwaAter

Am I the only one feeling trapped in a really bad B-grade Sci-Fi movie? With elements of some Austin Powers thrown in? Complete with supporting cast of Keystoners (smoking of course).

The most powerful nation in the world is about to go down in a blithering heap of …. nothing. Fade away into the horizon as bickering amongst them that are in charge continues. Blame gets thrown around. And the virus spreads. And more people get sick. And we here on the edge in oh Canada do what exactly? The good words are being shoveled our way more forcefully.

I think this is an issue where both sides of the borders govt’s (small g now) are praying that a early warmer spring will solve everything. Note to readers. It Won’t.

The US is beyond virus containment in some areas.

CDC Director Robert Redfield
during House testimony Mar 10, 2020

Why? Could it have been the budget cuts? Brought on by massive tax breaks? For 35 yrs? Destruction of oversight organizations? Too much golf? twaating? self glorification?

Lead by those so thoroughly unsuited for leadership that every word from their mouths will be another nail in their coffins (someday, maybe). Don’t they realize how exposed they are to their own bullshit, thrown around with such vigor that there is a coating upon every head still standing.

What happened in Wuhan could happen here. Why do we think otherwise?

We need to tell people right now to stop all nonessential travel.

We’ve got to brace for a three-month problem

Dr. Marty Makary, Johns Hopkins University

How do they see this one ending? Its not just going to go away with the next fabricated news loop. A government who lies repeatedly, doing whatever they want, is dangerous to all of us. And this will be the poster example.

On another note somewhat related. If you’ve been following Julian Assange, you’d know just how bad this lying is for us. BTW give some support to Assange by writing to him. His extradition will be the end of what is left of journalism. If you have no idea who he is or why you should do this, may I suggest you take your head out of your ass?

All Clear, Nothing to See Here, Move Along.

This chart shows that the trajectory of the virus in each country is eerily similar.
To expect otherwise in North America is simply foolish at this point.

Self Care



Wrap it Up….Please

Stay Resilient!

Mar 10, 2020; COVID 2019, Code Yellow morphing into Red- ..Hard to see this end in a happy place.


It’s not about the number or percentage of deaths and cases, it’s about the capacity of the system, and the speed with which countries react.

Raul Ilargi Meijer

Sometime in the next 7-10 days we should have rapidly expanding cases here in complacent North America. Do you honestly believe we will come out unscathed?

It looked to me yesterday that the GDP (generally dumb people), might have had a wake-up call. DOW down 7.8 % after the previous 2 weeks slide. Well I think the bankers woke up too. Now its going to be pour the coal ($$$) on folks! Reduce interest rates. We are going to print money to boost the failing economy. Which may or may not work. Which doesn’t address containing the virus or it’s impact to the health care system. (or health ignorance system)

Soon they’ll even start looking at the people. Who will be suffering mightily. I think those people will be pissed off when they see how poorly their governments have managed.

Just a guess.


Self Care


Options/Ideas/Progress


Financial Chaos

Here’s the “other” side of Dr. Chris in discussion with John Rubino going over the financial implications for the virus. I think that it is unwise to think that a massive injection of borrowed cash will overcome the crushing results of the health and distrust issues coming.


Society

Most concerning is the lack of any real testing capabilities here in oh Canada and down in the Excited States. Its difficult to decide on an effective response when you don’t have accurate information. Period.

oH Canada isn’t showing on the radar of effective testing, because our numbers aren’t that scary yet. But we also have managed to hide behind happy words and limited testing so far. Would be interesting to get some notes from front liners on this.

A quick search of CBC’s site shows this as the most current update.

  • B.C. ramps up coronavirus response, activates provincial pandemic co-ordination plan. Promises on Mar 6 to have 4 labs up and running “next week”. Nada on the rest of the country.
  • From Health Canada’s site. The Public Health Agency of Canada (PHAC) has assessed the public health risk associated with COVID-19 as low for Canada. Public health risk is continually reassessed as new information becomes available. The risk to Canadian travellers abroad is generally low but will vary depending on the destination. The Public Health Agency of Canada is closely monitoring the spread of COVID-19 in other countries. Please consult the destination page on travel.gc.ca for the latest travel advice. It is important for all travellers to monitor their health when they return to Canada. While abroad, you may have come in contact with the novel coronavirus. PHAC asks that you monitor your health for fever, cough and difficulty breathing for 14 days after you arrive in Canada. If you have these symptoms, call the public health authority in the province or territory you are in to inform them. They will provide advice on what you should do. The research and data on COVID-19 continues to grow and evolve. We will continue to adapt our advice for travellers based on the latest science available. I submit this is lame, because as said before… if you aren’t testing how do you know?

Wrap it Up….Please

Here we sit. What we are really dealing with is an attempt by our Gov’ts to contain this as an economic event, when it’s actually a health event – then an economic event. The financial side is a result of a house of cards getting weaker and weaker (one of the Giant Turdballs), pumped up with fake money. Sooner or later it will collapse. This may be the event that does it, it may not.

In the meantime the smoke signals coming from our leaders are just that…smoke.

Hang in there, prepare for the worst, hope for the best.

Stay Resilient!

ps. To you snow birds contemplating a trip south. Did you factor in 4 weeks of quarantine? Riiight, you’re not reading anything bad.