The Albatross
MyPTSD Pro
what's behind Mitt Romney's motivation and stance
Not to mention Cofer Black, Ukraine connections and the fact that he begged to be POTUS's Secretary of State... but didn't get the job. Very swampy. Be sure to see Beck's last livestream (last night) on Ukraine... he's getting ready to crack the nut on China next.
Much going on today... Watch Grassley.
Okay since I've asked twice but a pandemic is a worthy topic for the US political thread.... China's signaling surrender due to economic woes. And there will be global ramifications. That is US political news. China is looking to ease tariffs and is signaling the US to come to terms in light of the new developments/virus.
"We noted on Wednesday night, two-thirds of the Chinese economy has effectively shut down much of its production capacity, crippling supply chains critical to keep not only the second-largest economy in the world humming, but the entire world.
Former Morgan Stanley Asia chairman Stephen Roach warned last week that the global economy could already be in a period of vulnerability, where an exogenous shock, such as the coronavirus, could be the trigger for the next worldwide recession.
Goldman Sachs has warned that virus outbreak could reduce Chinese GDP growth in 1Q by 1.6% in year-over-year terms, or 6.4% in quarter-on-quarter annual rate terms, resulting in a sub-5% GDP 1Q print. A growth shock in China will be felt across the world as the virus has severed supply chains."
Link: Supply Chain Shock – Here's The Most Exposed S&P500 Industries To China