Hat Tip GKJoe

I knew there was something sketchy about Dr. Anthony Fauci.  Within the WikiLeaks HRC email files there are letters from Fauci to Hillary Clinton through her aid/lawyer Cheryl Mills: “rarely does a speech bring me to tears”?… “please tell her I love her more than ever”?… “please tell her that we all love her”… “Please tell her that we all love her and are very proud to know her.”  LOOK:

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A few months later:

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If Mitt Romney and Hillary Clinton had a child, it would be Nikki Haley.   Ms. Haley and her paid staff of political wind-testers, are constantly scanning the horizon for optics and issues that might upend her aspirations to the presidency.  Today she quits the board of Boeing after the likelihood of a government bailout starts to rise….

(Via CNBC) Former U.N. Ambassador Nikki Haley stepped down from Boeing’s board of directors after less than a year because she opposes government aid to help the aircraft manufacturer weather the coronavirus crisis, the company said Thursday.

Boeing earlier this week said it is seeking $60 billion in government aid for itself and its massive supply chain because of the virus. The manufacturer’s suppliers include United Technologies, General Electric, Spirit Aerosystems and dozens of others. The administration hasn’t yet said what Boeing, a top U.S. military contractor could receive.

President Donald Trump this week threw his support behind the manufacturer, saying: “We have to protect Boeing.”

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…there had to be a point where the value of the Wall St economy surpassed the value of the Main St economy… Part I Here

We now look forward, and consider the question: How would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) if the U.S. stock market was ever forced to re-value economic nationalism over multinational globalism?

To first answer the “how” question, we must visit the “why” question. Why would the multinational financial underwriters want to reset their valuations?

Obviously, the global financial system does not act altruistically. What would motivate the global wealth valuation authority (various market investment indexes) to want, or need, a reset.

The answer to the “why” question might not be as challenging as it appears.

First, there has been a seismic shift in how the world looks at the economic exploitation of multinational systems, or globalism.  See Bernie Sanders?  See those yellow vests in France?  See what happened with the U.K. Brexit referendum?  See the shrinking EU influence?  See the open/public confrontation and push-back against China? See Trump? All examples are consequences of the rise of economic nationalism.

Secondly, the original Wall Street corporate motive (during decades of mergers and acquisitions) to shift product manufacturing to Southeast Asia (ASEAN nations) was driven by a lower cost of overall business, higher profit margins and greed.

As a direct outcome economic wealth was shifted from the U.S. to ASEAN nations, and particularly China. Low wages, low regulation, cheap operational costs, incentives and subsidies from Asia equals cheap TV’s, sneakers, furniture and durable goods.

Even with high fuel prices and overseas shipping costs, there was a big difference between U.S. and ASEAN manufacturing costs.  As hundreds of U.S. Wall Street multinationals chased profits the rust-belt was created.

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A very big picture discussion requires a considerable baseline.

The stock market is not the U.S. economy; the stock market is an investment instrument that determines valuations of economic activity company by company. The valuation is considerably arbitrary, based on the determinations of the arbiters (investors). This is empirically true.

However, that said, how would the multinational underwriters, the multinational financial systems, reset all transactional tables (the bookkeeping systems underneath the valuation) …if the U.S. stock market was every forced to re-value economic nationalism over multinational globalism?    Enter “Coronavirus”.

Four years ago CTH first explained a new way to look at the U.S. economic system and how Main Street was/is disconnected from Wall Street.  We presented a metaphor to explain. Before going deeper into the discussion of tomorrow; and at the request of several people who now accept the era of “deglobalization” is upon us,  I first present that prior reference & then will use this as the baseline to describe what could come next.

There is a key phrase at the fulcrum of everything past:

…there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).

What we are going to outline in part II is the possibility what happens when this natural truism is reversed.  The objective is to answer: How, specifically would Wall Street reset its evaluative systems if Main Street once again emerged as the priority?

But first, a baseline revisit is needed.

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National Economic Council (NEC) Director Larry Kudlow held an impromptu press conference to describe what sectors of the U.S. economy may need direct financial assistance to bridge revenue gaps from mandated government policy. The stock market is not the U.S. economy.

Calling this type of financial assistance a “bailout” is not a fair term considering the financial impact was created by government instruction.  Government orders to shut down restaurants creates a financial loss for restaurants who also have bills and payroll obligations to meet.  These types of affected businesses will need immediate assistance.

Airlines, hotels, resorts, private parks, gyms, restaurants and various entertainment companies/industries may also need a direct infusion of cash or deferred tax payment to compensate for financial losses.  Again, these businesses have been impacted by government ordering their closure. Depending on the size of the business, the need for gap funds may be urgent.

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Almost everyone who researched the substance behind Rod Rosenstein and Robert Mueller’s heavily promoted Russian indictments knew the underlying claims were centered on the thinnest of evidence.

A few Facebook memes were used to accuse Russian company Concord LLC of violating FARA and FEC election laws.

In July,2018, Robert Mueller asked a federal judge in Washington for an order that would protect the handover of voluminous evidence to lawyers for Concord Management and Consulting LLC, one of three companies and 13 Russian nationals charged in a February 2018 indictment. They are accused of producing propaganda, posing as U.S. activists and posting political content on social media as so-called trolls to encourage strife in the U.S.

Indeed, to an incurious media, a Russian catering company posting Facebook memes might sound like a good justification for a vast Russian election interference prosecution; however, when Concord & the accused Russians show up in court and request to see the evidence against them, well, the prosecutors might just have a problem.  It’s that problem that dogged the Mueller prosecution since 2018.   Today, predictably and finally, the DOJ dropped the nonsense case (full pdf below):

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National Economic Council Director Larry Kudlow discusses what economic options the U.S. government has to mitigate and assist businesses and individuals dealing with the financial impacts of coronavirus.

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Note to Mr. Kudlow: Do not trust Dr. Anthony Fauci.

Fauci is a purposeful panic seller. His goals are not the administrations goals.

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The Big Apple is about to get very interesting…  A dense, mostly liberal population, all bound up in close proximity, now instructed by executive order and forced mandatory compliance, to essentially shut down.  [Link to NYC Press Releases]

New York Mayor de Blasio – “Our lives are all changing in ways that were unimaginable just a week ago. We are taking a series of actions that we never would have taken otherwise in an effort to save the lives of loved ones and our neighbors.

Now it is time to take yet another drastic step. The virus can spread rapidly through the close interactions New Yorkers have in restaurants, bars and places where we sit close together. We have to break that cycle.”

Effective tomorrow, March 16, New York City schools will close.

“Tomorrow, I will sign an Executive Order limiting restaurants, bars and cafes to food take-out and delivery. Nightclubs, movie theaters, small theater houses, and concert venues must all close. The order will go into effect Tuesday, March 17 at 9:00 AM.”

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Right now, today, the retail food supply-chain is trying to recover from previous panic buying. Across the nation grocery stores are wiped out. Warehouses are emptying trying to replenish the stores. The upstream suppliers are trying to resupply the warehouses.

Supermarkets are closing early and opening late while trying to stem panic and fulfill customer demand.  Now is exactly the wrong time to limit food choices and push more people into those retail food stores.

No advance notice. No time to prepare or plan… just an immediate order.

Imagine what will happen tomorrow morning in Ohio and Illinois at grocery stores.

Notice these orders from short-sighted governors are in effect almost immediately. Meaning no-one has had the time to prepare for this type of a disruption in the total food supply chain.

These governors do not have any experience, policy framework, or previously established state-wide systems (having been tested through experience) for a process of rapid food distribution as a result of a state emergency. They are flying by the seat of their pants, and taking advice from the wrong people with the wrong priorities and the wrong frame-of-reference.

A government cannot just shut down 30 to 50 percent of the way civil society feeds themselves, without planning and advanced preparation for an alternative. Those who ARE the alternative, the retail food grocers, need time to prepare themselves (and their entire logistical system) for the incredible impact.  Without preparation this is a man-made crisis about to get a lot worse.

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After President Trump decided to take the coronavirus test, the physician to the President releases the following information:

Democrats/media react:

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