In its latest Fund Manager survey, Bank of America warns that one of the biggest risks that could precipitate a global economic collapse is the prospect of mass “civil unrest.”
While the market is looking bullish thanks to several rounds of positive news regarding a COVID-19 vaccine, BofA Chief Investment Officer Michael Hartnett is telling investors that that sentiment is baked in and it’s now time to “sell the vaccine” in coming weeks/months as we think we’re close to “full bull”.
Coronavirus itself remains the biggest “tail risk” to the global economy for the 8th consecutive month, followed by the “tech bubble.”
However, what’s really raising eyebrows is the factor that BofA considers to be the third most likely threat to financial stability and growth, namely “civil unrest.”
Most people have been assuming that the big national polls have to be wrong in order for Joe Biden to lose this election.
But in this article I am going to explain why the big national polls could be 100 percent accurate and Joe Biden could still lose.
In this election, there could potentially be millions of votes that are cast by mail for Joe Biden that do not get counted.
Some mail-in ballots will not be counted because they are rejected for one reason or another, and others will not be counted because they were simply sent in too late.
Most Americans assume that our system of government could never fail, but the truth is that it is failing right in front of our eyes.
In order for our system of government to work, people need to be able to believe that their votes will count and that the outcomes of our elections will be fair.
For over 200 years, most Americans did have faith in the system, but now things are rapidly changing.
Here in 2020, we appear to be heading for a hotly contested result in the presidential election, and many on the losing side are inevitably going to believe that the election was stolen from them.
And day after day we just continue to see more examples that indicate the security of our elections is being compromised on a widespread basis.
End of the American Dream
America is on Step Six of the Eight-Step Collapse of Civilization
Conservatives Quietly Ignore Rise in Degeneracy as Civilization Crumbles (Video)
Scholar Warns: “If Authoritarian Race Hustlers Win We Lose Our Civilization”
Average Great Civilization Life Span is 336 Years, US is Now 242 Year Old
MIT Computer Model Predicts End of Civilization By 2040
Soros Brags About Funding Civil Unrest in the US
The Detailed George Soros Plan for Civil Unrest and Martial Law in America
George Soros Funding Race War With $220 Million
We are living through the systematic collapse of society as we know it. The elites have already planned out election chaos and famine that will destroy so many people’s lives if we let it.
The same forces instigating social unrest and elections chaos are engineering a man-made famine and attempting to take over ALL food production. This is exactly what happened in the Soviet takeover of Ukraine. The people pulling the political puppet’s strings start by ramping up fear. They have done this by spreading fraudulent COVID-19 tests to farmworkers and meat plants. From John Podesta to the UFW, to Tyson, to the Rockefellers, The Ice Age Farmer explores the deep connections between those behind the agenda to “Reset the Table” and use food as a weapon.
In the video, the Ice Age Farmer lays out Podesta’s link in this matter. This is a systematic collapse of the food supply chain. It has been planned.
Illegal Lockdowns Are Being Used to Break the Will of the People
It has just been one thing after another in 2020. First, the COVID-19 pandemic erupted and quickly spread all over the globe.
At this point more than 800,000 people have died globally, and authorities are warning us to brace ourselves for another wave of the pandemic in the fall.
Of course many would argue that fear of the virus has been even worse than the disease itself, and it is undeniable that the COVID-19 shutdowns were the primary reason why we have plunged into the worst economic downturn since the Great Depression of the 1930s.
End of the American Dream
Former hedge fund manager and entrepreneur James Altucher says New York City is dead and it’s not coming back.
Born and bred in New York, Altucher took his family and fled to Florida after the Black Lives Matter riots in June when someone tried to break into his apartment.
Since then, the city has continued to suffer a huge surge in shootings and violent crime as well as an anemic financial recovery from the coronavirus lockdown.
Appearing on Fox News Business, Altucher referred to images that were broadcast during the interview showing 6th avenue to be virtually empty.
Leftists Blame COVID, Not Democrats, For Killing New York City
Throughout the Democratic National Convention there was a common, if contradictory, theme: on one hand, the Democrats bashed Trump for his response to the covid pandemic while at the same time they lamented the dismal state of the economy, where millions have lost their jobs and countless corporations have gone bankrupt.
Well, which one is it, because you can’t have both: if Trump had enacted a more forceful response to the pandemic, the US economy would have been shut down for longer (as Neel Kashkari now urges, seeking another 6 weeks of shutdowns and setting the stage for the next crisis); alternatively the economy would be firing on all cylinders but the fallout from covid would be much more widespread.
On Friday afternoon, in an exclusive interview with ABC “World News Tonight”, Biden revealed on which side of the fence he is saying that as president, he would shut the country down to stop the spread of COVID-19 if the move was recommended to him by scientists.
Biden Brags He’ll Ban Guns If Elected in 2020, “They Should Be Illegal, Period.”
Tiana Caldwell of Kansas City, Missouri, is one of approximately 40 million Americans who are in danger of being evicted from their homes by the end of the year; a direct result of the economic slowdown and massive job losses caused by the coronavirus outbreak, according to a national housing group.
Caldwell lost her job and was in treatment for ovarian cancer when she and her family were evicted — in 2019.
“We had gotten back on our feet, we were doing good, and then I got cancer … again,” she told VOA via Zoom. “So, I was actively in treatment when we were being evicted. … It was a bad experience.”
The COVID-19 pandemic is plunging U.S. nursing homes into a major financial crisis and many of them could go out of business, says a survey released by the industry’s trade association, the American Health Care Association/National Center for Assisted Living, or AHCA/NCAL.
In a poll of nearly 500 nursing home operators, 72%, said they couldn’t keep going for another year under current conditions while 55%, said they were running at a loss. As politicians on Capitol Hill grapple with another rescue package, nearly all nursing home operators—92%—say they’ve received financial aid during the crisis, and 58% say they’ll face “significant” financial problems when it ends.
University of Alabama Health Administration professor Robert Weech-Maldonado, an expert in the field of nursing home economics, says the findings of the survey are credible and even unsurprising. The pandemic has forced homes to spend a lot more money, especially on extra staff and personal protective equipment.
Nursing Home Prison Conditions Now Extended Under Covid Lockdowns
The state of the New York City restaurant industry is in dire straits. July proved to be another disastrous month for restaurants, bars, and nightlife establishments across the city with a majority unable to pay rent in July, a new survey found.
NYC Hospitality Alliance surveyed about 500 owners and operators of eateries in the city, with 83% of respondents indicating they couldn’t pay the entire rent in July while 37% paid no rent at all.
“Restaurants and nightlife venues are essential to the economic and social fabric of our city, but they are struggling to survive and absent immediate and sweeping relief so many will be forced to close permanently,” said Andrew Rigie, executive director of The Alliance.