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

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Bill Holter’s Commentary

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

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