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Going to the Mattresses – Bailouts, Online Lives & the True Costs of Shutdown

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79 Comments

  1. The Country Is Shutting Down!

    This week has been a huge turning point.

    Pro sports cancelled, major amusement parks closed, colleges & K – 12 schools closed, business down, conferences limited to 500 people, major concerts cancelled. And the vacation, air travel, cruise lines and restaurants severely affected. Just about every thing is closed for the next 1 to 10 weeks!

    Covid 19 may be lab-made, accidental or intentional. But it’s EFFECTS are everywhere. Clever because fewer people will question it … “It must be real, right?”

    And that is what IS different this time. It’s intrusive and pervasive. And it’s hitting people in their wallet. What’s next?

    We do live in interesting times, Catherine.

    1. It is going to get more interesting….we are in the middle of a war.

      1. Like China released virus on population, with measures in check to shut it down. Yet let’s it spread far enough on purpose.

        Then Russia hits the left hook with oil war?

    2. Those most vulnerable like small business, gig economy employees, those dependent on tips, part time, contract work. Couple this with having kids at home for the coming months means a large portion of the population will be reduced further into slavery in the coming months it looks like a much more vile and ruthless form of neoliberalism is coming. Something out of atlast rand.

      1. So as small business owners, there IS a path to succeed. We just have to identify where the herd is going and then carve out a different path that also serves our market. For me, lots of real estate agents are frustrated and giving in. The Herd. I am putting out sales videos and programs showing them how to CONTINUE serving their clients …. all on line and from the safety of their homes.

        Remember that Encyclopedia Brittanica was launched during the Great Depression by having their sales team (who were unemployed teachers!) go door to door. Lots of reasons for them to fail but they found a path thru it and they CHOSE TO SUCCEED!

        In. 2004, no one would have said they wanted an iPad. It didn’t exist yet. Steve Jobs built and marketed it, offered it to the world and now – ka’Bamm! Now millions of them are everywhere. We could not have asked for it in 2004 cuz it didn’t exist. But once in our hands, we couldn’t put it down! What does your market need right now?

        So people may not know how you can serve them. Innovation and disruption come from our delivering solutions during these times of crisis. The Solari Report is such a disruption and is now a requirement for me. My place for sanity.

        The Chinese word for ‘Crisis’ encompasses both danger and OPPORTUNITY.

        I hope this helps out and best of luck navigating through What’s Next!

        1. Dave – Great idea to help the realtors keep their sales going doing everything on line. Actually, if you are moving, much faster to review lots of online before focusing. – SO IMPORTANT TO FIND THE OPPORTUNITY in this time for each of us. Good time to sit down and learn how the money and resources work in your community. Check out Solari Report https://home.solari.com/unpacking-your-financial-ecosystem/

      2. The hit on small business is very very very bad – this hits the most productive the hardest.

    3. Yes I am anticipating depression. Saw my first lay off today. Poor girl was in office attire crying and walking back to her apartment at 9am.
      Much More to Come.

      I am hearing of Significant stress in oil companies, oil law firms, and oil trading floors. Here are some stories
      1) Oil attorneys are freaking out
      2) Chevron trading analyst said his bonus was cut in half this week, with layoffs coming.

  2. I have been thinking about how much everything you discuss reminds me of the Isaac Asimov sci-fi book “The 2nd Foundation” which I read decades ago. The gist of the story is that there is an empire of planets controlled by physical scientists but there are rumors that a secret society of psychologist tricksters secretly rule the empire using telepathy and mind control. The book is about the 1st foundation trying to find and destroy the 2nd foundation. It is a real sci-fi classic with spinoff books but I am not aware of any movies based on the book.

    1. The Foundation series is one of my all time favorites. I would love to have the time to go back and re-read.

  3. Catherine,

    Trumps Suspension of student loans payments and interest on loan payments. Means de facto he is stealing bernies thunder. As no politician Dare to institute them back in. Essentially they have been forgiven.

    What I fear now is if trumps corporate tax cuts are made permanent, pay roll tax, & student loan. Essentially this is Republican Starve the Beast Policy.

    We will see all social security/medicare done away with and bankrupted in 2nd term or Biden. Both of who want it done away with.

    I fear we are entering an era where the mask of inverted corportacracy is being pulled away. Trumps speech spoke of walmarts,targets, and others who will be remained fully stocked. I am not so sure now that we are in an era where the population will be controlled and harassed and enslaved.

    Corona Virus this quarter to boost walmart/costco/target sales, and provide catalyst to bailout multiple industrys.

    What the story next quarter?

    This is disaster capitalism, Shock therapy.

    1. One scenario is that they don’t cancel SS. They simply inflate away benefits, cut, raise age eligibility, etc. More politically savvy to drain if they can. The alternative is they do the Rape of Russia scenario. All federal income trust fund and subsidy payments go away.

  4. When I went to the hardware store I was horrified to see the cashier rubbing hand sanitizer all over every surface including doorknobs. Be aware that many hand sanitizers contain triclosan which is an awful carcinogen. I don’t understand why people don’t use rubbing alcohol. It will kill any living cell. It is inexpensive and available in most shops. Probably available long after the hand sanitizers are all sold out. I suppose we need white gloves to protect from the sanitizers. Ugh!

    On a funny note my Belgian Bro-in-law sent this: https://www.youtube.com/watch?v=JMOOG7rWTPg
    They have been instructed to video conference as of Monday. University shut down.

    1. Why not use soap? The waxy spuds penetrate the virus and destroy it. Much more effective than hand sanitizers..

      ‘It also feels like a scam: there is no shortage of snake oil sellers who hope stoking such fears will make people buy more supplies. The reality is that there is little point “preparing“ for the most catastrophic scenarios some of these people envision. As a species, we live and die by our social world and infrastructure — and outside some minimal stocks (say two weeks supply of food in areas affected by infection and which might be subject to quarantine (which are currently only two cities in the US.) Moreover, it is difficult to predict what will be needed in the face of total catastrophe (Preparing for Coronavirus to Strike the U.S. – Scientific American Blog Network ). You can’t drink sanitizer and you need minimal amount of it when you are outside of home. In all other cases regular soap is more effective against this virus, so hoarding sanitizer is far from the best move you can make: “

    2. As of Thursday, Zoom stock was up 23% – one of the best performing stocks in the market.

  5. This may interest you Catherine:

    https://www.lotuswei.com/blogs/podcast/sayer-ji2?utm_campaign=Solo%3A%20Lotuswei%20UPDATED%20%28Qm7Lca%29&utm_medium=email&utm_source=Daily%20Newsletter&_ke=eyJrbF9lbWFpbCI6ICJza2xlaW40cGVhY2VAc3RhcnRtYWlsLmNvbSIsICJrbF9jb21wYW55X2lkIjogIksydlhBeSJ9#oid=36132_11319

    We talk about:

    How we access energy from sunshine
    How as humans we’re much more like plants than we realize
    Memory of water in our bodies
    How we are essentially walking crystals – our bodies as a liquid crystalline semiconductor
    How certain emotional patterns can lead to chronic conditions in the body
    How conventional cancer treatments are based on DNA damage
    The bottom line about how toxic your cell phone is & what to do about it
    The inspiring natural resilience maneuvers of your body and of mother nature
    How mushrooms (jelly ear fungus and chaga) thrive on radiation and help us process it
    The beauty of structured water
    The real magic behind “an apple a day keeps the doctor away”
    Sunbathing as a plan for reducing belly fat
    Zero point energy & our powerful potential

    What I wanted to ask about but didn’t get a chance to! Read the Regenerate book for more:

    Why DNA is not a blueprint
    The dangers of hand sanitizers, fluoridation and chlorination of water and glyphosate use
    Plant superpowers – what makes plants so sensitive
    How walking on the earth without shoes reduces inflammation and slows the aging process
    Health benefits of eating raw honey
    The problem with calcium supplements and where to calcium naturally
    What herbs, superfoods and beverages enhance our radical resiliency
    How magnesium is one of the most powerful agents of reversing aging

    Good health to you!

  6. Emergency 1% rate cut to 0% Plus 700 billion QE.

    I expect Negative rates+Ban of cash for fear of “spreading virus” then you will pay the bank for ever and ever. If you post a video/post they don’t like you, your card will be frozen and you can’t buy food!

    1. Reserve Requirments to ZERO.

      Robinhood, Immediately Blocks Bitcoin trading as it gains 20% in 20 minutes
      Gold up 50$.

  7. Catherine –

    What’s the Corona perspective in Europe? They are escalating this every day here. Closing restaurants, calls for the military to intervene, people over 65 ‘requested’ to stay at home. Rumors that Trump will ban inter-state travel. Huge main-Press coverage dealing mainly in panic and fear.

    This is getting weirder and weirder …

    Wondering what they are covering up with the Corona coverage …..

    Going on line with my clients …. my solution.

    Thanks!!

    1. David is it not obvious now?

      There making trump Herbert Hoover. Herbert hoover had tarrif/trade war and he took complete ownsership of the stock market…
      We’re going into a depression and planned political destruction of the mainstreet ecnonmy. All that will be left is a huge swarm of state dependents, few giant corps and their employees. Followed by negative intrest rate unlimited green funding.

      How much clearer does it need to be?

      https://finance.yahoo.com/news/coronavirus-will-finish-trumps-presidency-155243205.html

      1. I believe that nothing is inevitable. Many of the narratives have not worked. So it is never hopeless, so what do we do? We are going to have to massively double down on DIY.

        1. Let’s see Trump uses Cambriage Analyitica with his oligarchs mercers/adelson/murdoch.

          Corrals swarms of disenfranchised proles accross the nation supporting all the things “they” hate
          1) Guns
          2) Christinity
          3) Closed Borders
          4) America Industry/Tarrifs

          Then He takes Full ownership of stock market, and “they” pop the biggest bubble of all time.

          Befriend Military/Police to control the biggest wealth transfer of all time, in addition to have a SUPER CONVIENT bioweapon to keep everyone in lockdown to avoid mass protests.

          Then the green new deal is rolled this.
          Hope I am Wrong it just too clear now.

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