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Topics - Mackin USA

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1
Economics & Investing / USA DEBT CLOCK
« on: April 01, 2020, 04:02:59 PM »
Time to revisit this link
https://www.usdebtclock.org/

2
Water Cooler / The Return of the Barter Economy
« on: April 01, 2020, 10:55:30 AM »
(Bloomberg) -- Since the beginning of March, unattended folding tables have begun popping up at intersections and the end of people’s driveways, offering everyday goods like rice, a jar of jam or bread. Take what you need and leave what you can, the signs say.

https://www.msn.com/en-us/finance/smallbusiness/the-return-of-the-barter-economy-swapping-eggs-for-toilet-paper/ar-BB11Y2il

3
Water Cooler / UK Drug Dealer: People Are "Panic-Buying"
« on: March 31, 2020, 09:25:35 AM »
"Panic-Buying" Cocaine And Weed To Cope With COVID-19 Lockdown

He added that people running out of money due to becoming unemployed as a result of the quarantine remains a primary concern, “but we’ll always have the regular cokeheads who buy most days.”

https://www.zerohedge.com/health/uk-drug-dealer-people-are-panic-buying-cocaine-and-weed-cope-covid-19-lockdown

4
Water Cooler / Gasoline prices thread
« on: March 28, 2020, 08:14:53 AM »
What is the current price of gas in your area.

$1.49 @ Costco in Raleigh, NC

5
Water Cooler / Surging Traffic Is Slowing Down Our Internet
« on: March 27, 2020, 10:07:13 AM »
And last week, as a wave of stay-at-home orders rolled out across the United States, the average time it took to download videos, emails and documents increased as broadband speeds declined 4.9 percent from the previous week, according to Ookla, a broadband speed testing service. Median download speeds dropped 38 percent in San Jose, Calif., and 24 percent in New York, according to Broadband Now, a consumer broadband research site.
https://dnyuz.com/2020/03/26/surging-traffic-is-slowing-down-our-internet/

6
Why? It’s simple: for 20 years we’ve over-invested in speculative bubbles and squandered borrowed money on consumption and under-invested in productivity-increasing assets.

https://www.zerohedge.com/markets/its-over

AND HAVE A NICE DAY

7
Economics & Investing / The Crash Of The "Everything Bubble" Is Here
« on: March 23, 2020, 09:40:37 AM »
And It's Not Going Away Anytime Soon  >:(

"But the virus is not the cause of the economic collapse; it is only a prime scapegoat, along with the very slow response times of many governments and the World Health Organization to encourage a shutdown in international travel from hot zones, which allowed the virus to spread unhindered. The collapse was taking place before the pandemic ever became a factor."

https://www.zerohedge.com/markets/crash-everything-bubble-here-and-its-not-going-away-anytime-soon

8
Wall Street is only now coming to grips with the dislocation being wrought by the coronavirus
Stocks’ declines look modest compared with some prior downturns

https://www.wsj.com/articles/the-worst-of-the-global-selloff-isnt-here-yet-banks-and-investors-warn-11584877018

9
Ascena Retail Group    (ASNA)    -79.1%    CCC-    $2,113.6    Consumer Discretionary
California Resources    (CRC)    -65.1%    CC    $5,043.0    Energy
Chaparral Energy    (CHAP)    -65.3%    CCC+    $424.2    Energy
Community Health Systems    (CYH)    4.8%    CCC+    $14,030.0    Health Care
Denbury Resources    (DNR)    -80.8%    CCC+    $2,383.7    Energy
Exela Technologies    (XELA)    -60.8%    CCC-    $1,542.4    Information Technology
Frontier Communications    (FTR)    -72.0%    SD    $17,663.0    Communication Services
FTS International    (FTSI)    -76.0%    CCC+    $485.1    Energy
GNC Holdings    (GNC)    -80.4%    CCC+    $1,330.3    Consumer Discretionary
Gogo    (GOGO)    -65.3%    CCC+    $1,192.9    Communication Services
Hi-Crush    (HCR)    -77.8%    CCC+    $560.0    Energy
Horizon Global    (HZN)    -36.1%    CCC    $267.3    Consumer Discretionary
Iconix Brand    (ICON)    -54.1%    CCC    $654.2    Consumer Discretionary
Internap    (INAP)    -90.4%    D    $736.3    Information Technology
J.C. Penney    (JCP)    -59.8%    CCC    $4,897.0    Consumer Discretionary
Mallinckrodt    (MNK)    -64.5%    CCC    $5,464.2    Health Care
Pyxus International    (PYX)    -79.3%    CCC    $1,525.4    Consumer Staples
Quorum Health    (QHC)    -42.9%    CCC-    $1,278.2    Health Care
Revlon    (REV)    -50.6%    CCC+    $3,304.2    Consumer Staples
StoneMor    (STON)    -18.6%       $382.9    Consumer Discretionary
Superior Energy Services    (SPN)    -75.5%    CC    $1,370.1    Energy
Titan International    (TWI)    -56.6%    CCC+    $528.7    Industrials
Town Sports International    (CLUB)    -55.0%    CCC    $808.4    Consumer Discretionary
Uniti Group    (UNIT)    -24.5%    CCC-    $5,222.2    Real Estate
Valaris    (VAL)    -91.8%    CCC+    $6,121.2    Energy
Source: IBD, S&P Global Ratings, S&P Global Market Intelligence

https://www.investors.com/etfs-and-funds/sectors/coronavirus-stock-market-crash-may-not-survive-weakest-companies/?src=A00220&yptr=yahoo


10
Water Cooler / China Banishes some US press
« on: March 17, 2020, 08:17:07 PM »
China Banishes U.S. Journalists from Wall Street Journal, New York Times and Washington Post

Beijing takes further measures against Voice of America and Time; Secretary of State Pompeo criticizes action.

WSJ

11
Economics & Investing / Globalists May Soon Become an Extinct Species
« on: March 17, 2020, 11:33:24 AM »
The disruptions caused by the spread of the coronavirus mean supply chains will be moved closer to home rather than in foreign lands.

The coronavirus’s depressing effects on the global economy and disruptions of supply chains is no doubt driving the last nail into the coffin of the globalists.

https://www.bloomberg.com/opinion/articles/2020-03-16/coronavirus-globalists-may-soon-become-an-extinct-species




13
Economics & Investing / China Is Disintegrating
« on: February 15, 2020, 01:26:32 PM »

14
A ban on selling new petrol, diesel or hybrid cars in the UK will be brought forward from 2040 to 2035 at the latest, under government plans.

https://www.bbc.com/news/science-environment-51366123?

15
Marketing / Retail is not dead
« on: January 20, 2020, 10:59:27 AM »
at least Amazon doesn't think so...

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