In The News Today

Posted at 10:46 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

All my friends and relatives tell me (I’m an idiot again) not to worry as everything will be normal again in 3 weeks when everything reopens…sorry, but what was considered normal 2 months ago will never return in my lifetime.

Total Loss Of Confidence: The Mega-Collapse Continues
May 4, 2020

There is no question that things are tough all over as the mega-collapse continues.

Things Are Tough All Over

May 4 (King World News) – Chris Williamson, Chief Business Economist at IHS Markit: Manufacturing output in Italy declined at an unprecedented pace as the COVID-19 lockdown continued. The PMI dropped to an all-time low of 31.1 in April (down from 40.3 in March), with new orders also falling at the quickest rate on record. (See below).

Italian Collapse Breaking Records



Bill Holter’s Commentary

Erik discusses the banking system. You might want a stiff drink before reading…but he tells the truth.

Thrown Back On Our Own Resources (On Economics)_001

Thrown Back On Our Own Resources (On Economics)_002