Tag: Economic War Room

A Lifeboat of Sanity in a Sea of Panic | Corona Virus and the Markets

A Lifeboat of Sanity in a Sea of Panic | Corona Virus and the Markets

Show Summary: There’s a lot of panic about the Corona Virus. Don’t give into panic. Good information kills panic, and we’ve got some for you. Including some really good news.

Original Air Dates: Mar, 14 & 15, 2020 | Kevin Freeman

This Week: There’s been a huge selloff on the stock market this past week due in large part over panic and concern about the Corona virus. How is it that, with little data, and over 70,000 people who have already recovered, people, governments, and financial markets are responding with borderline hysteria?

As our host, Mark Anderson, has so aptly quoted many times during the financial hysteria, is the line from It’s a Wonderful Life. It’s where there’s a run on the local savings and loan with all the town folk panicking when Jimmy Stewart’s character, George Baily says, “Potter isn’t selling. Potter’s buying!”

Potters, or their modern-day equivalents  like George Soros—are always happy to take advantage of hysteria in the markets.

Don’t give in to it.

Corona Virus Panic and the Stock Markets

It’s amazing. To watch Twitter or Facebook, it’s almost as if people want to panic. They spread hysterical news coverage. But don’t want to hear good news. And actual good news is lost in the maelstrom of panic.

For example, here’s some good news you didn’t hear in the mainstream media: there is already a vaccine for the Corona Virus. Yes. Earlier this week, we got word that a Pentagon-funded company already has the vaccine, will be ready to go as soon as the FDA approves, and can make up to 10 million doses daily in their plant alone. And, the really amazing thing is that they managed to develop it a mere 20 days after receiving the virus’s genetic sequence. This isn’t some incredible virus that will wipe us out if they can develop a vaccine in only 20 days.  (Here, read the story for yourself.) And what’s been the response?  Nothing, but more panic.

And, of course, there’s been no place more prone to Corona Virus panic than the stock markets.

Sorting out the Corona Virus Panic

Dow pops 1,985 points as Trump enlists Google, Walmart in coronavirus fight. Lou Dobbs, who has been panicky, got an autographed copy.
Dow pops 1,985 points as Trump enlists Google, Walmart in coronavirus fight. Lou Dobbs, who has been panicky, got an autographed copy

So we invited Kevin Freeman to the show, a world-renowned expert on financial terrorism and economic warfare, to discuss just what it is we’re seeing in the current market sell off, and why.

Kevin, whose Economic War Room show can been seen on The Blaze TV, gives us insights on not only the problems, but also the strength of the US economy.  He talks about Trump’s strategies, and why it’s okay to stop the panic and feel good about our nations, financial position, and outlook.

Good News! Johns Hopkins, which has the “official” Corona Virus Map, also ranks America as the #1 country in the world for preparedness and being able to handle the Corona Virus

Catch Kevin’s Corona Virus special Economic War Room show on XO Tv.

When it comes to the Corona Virus, it’s Simple: Don’t Panic

Worried about CoronaVirus? Don’t be. It’s okay to be concerned, but don’t fall into worry. And definitely don’t give in to panic.

That said, while you may not be panicked, be aware that others may be panicked. Here’s some things to do:

Corona Virus / CoVid19 Preventative Measures

  • Wash your hands! We can’t stress this enough. Simple hot water and soap kill the Corona Virus. Alcohol wipes and hand sanitizer is great but there’s a reason. Here’s why: Hot water and soap It turns out viruses like Covid19 have a “skin” of fat. Hot water + soap breaks down the fat, effectively popping the balloon, and the whole thing falls apart like a house of cards. Good thread explaining it, here.

Signs & Symptoms of Corona Virus

The first thing to do is: not panic. But if you think you might have COVID19, here are some signs and symptoms:

According to the Center for Disease Control (CDC), symptoms of common human Corona viruses are:

  • runny nose, sore throat, headache, fever, cough, and a general feeling of being unwell.
  • Human Corona viruses can sometimes cause lower-respiratory tract illnesses, such as pneumonia or bronchitis. These symptoms are more common in people with cardiopulmonary disease, people with weakened immune systems, infants, and older adults.

Some other Corona Virus / COVID19 tips from the CDC and Johns Hopkins:

  • Stock up – Have 14 days of food and supplies on hand in case you’re quarantined. You may not be sick. Your family may not be sick. But some panic-stricken politicians, desperate to show they’re doing something are shutting down some areas. And 14 days is the norm. 
  • Did we mention wash your hands and face with hot water and soap? Heat  and good ol’ soap dissolves the fatty “skin” of the virus.
  • Avoid crowds; practice “social distancing”. Maybe if you’re a church leader, now is a good time to put a live stream on your church website so people can still attend, even if they’re not in the building. It could be a real opportunity to expand your audience and your reach.

Always look for opportunities!

Warning: More CoVid19 Panic is on the Way

We want to warn you. in the next couple of weeks, you will see another round of media-induced panic. Why? As more Corona Virus test kits hit the market, 1,000s or 10s of 1,000s of people will all  “suddenly” have the virus. Just like that, 

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Links Mentioned

Ways to watch Economic War Room

Stock Market Roller Coaster: Covert Financial Warfare?

Stock Market Roller Coaster: Covert Financial Warfare?

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Show Summary: The wild stock market ride continues. Is The Fed playing politics? Or is this covert financial warfare happening all over again? Plus new A.I. innovations may make things worse with the rise of 5G. Is Terminator Day coming? Plus, the war for the technology the future will be built on.

Coverage Map of I Spy Radio Show broadcast areas, as of November, 2018
I Spy Radio Show broadcast areas, as of Nov 2018. Click for full-size map.

Five Different Times, Six Different Stations. Listen anywhere! All stations stream live!

Saturdays
10a – 11a: KFIR 720AM (entire Willamette Valley) | Direct Link to KFIR Live Stream
11a – noon: KLBM 1450AM (Union County) | Direct Link to KLBM Live Stream
11a – noon: KBKR 1490AM (Baker County) | Direct Link to SuperTalk Live Stream
7p – 8p: KWRO 630AM (Oregon Coast & Southeastern Oregon) | Direct Link to KWRO Live Stream

Sundays
8a – 9a: KWVR 1340AM (Wallowa County) | Direct Link: KWVR Live Stream
7p – 8p: KAJO 1270AM (Grants Pass/Medford) | Direct Link: KAJO Live Stream

Air Dates: Jan. 12 & 13, 2019 | Kevin Freeman

This Week: If there’s one thing in life that’s consistent, it’s that government is consistently wrong.

In the late 1700s, you had Thomas Malthus predicting overpopulation, which would exceed the means of agricultural production and lead to starvation. They were wrong. Because Malthus—a preacher and mathematician and not a farmer—didn’t take into account advances in farming technology. Or advances in science and improved understanding of plant biology. And yet Malthus’s opinion has dominated Western government thinking for two centuries.

And yet the Left wholeheartedly believes it. The Left believes in depopulation, and to solve it some 6 billion humans just need to go away.

And there’s the Industrial Revolution. Once again, government “experts” believed people were going to be put out of work as machines did what people used to do. More people went to work than ever before. And at higher wages than ever before. Which meant they had more money to spend, which meant more businesses could open. And on and on and on.

These are just two examples of why government is so often wrong about so many things. It’s why they’re slow to react to advances in technology because—like Malthus who was no farmer—government bureaucrats are making decisions and recommendations about things they don’t fully understand. It’s why the market, which makes millions of buying and selling decisions every day is more efficient than any government bureaucrat could ever be.

This is precisely why socialism always fails. Markets are always better than bureaucrats.

Government and the Market

But that doesn’t mean there shouldn’t be some sort of control. Because a market running amok can cause damage within any market, there are potentially some bad actors who will, can, and do exploit things to their own advantage.

But what about The Fed? They’ve been raising interest rates since Trump got elected. Is this politics? Are they trying to sabotage Trump? You’ll have to tune in to hear what’s really going on.

Artificial Intelligence: New Tool in Covert Financial Warfare?

Take, for example, a relatively new phenomenon, computerized, algorithm-controlled stock trades. Basically, computer programs that watch the market to buy or sell based on a set of criteria. But here’s the thing. They can make millions of trades in seconds, before you can even refresh the Dow Jones web page.

And they don’t care whether the market goes up or down. Because if their predictive program guesses correctly, they can make money whether the market goes up or down.

Think George Soros—who made billions by betting against the Bank of England and that the British Pound would go down. Now think George Soros with a super computer. See the potential problem?

While these “trader bots” have a lot of potential, they also represent the potential for tremendous problems. And the potential for problems are only going to get worse due to the rise of new technologies that will make things even faster and more connected than ever before.

5G Dangers? Not Quite what you think…

The potential for good or ill includes 5G technology that will have your head spinning. Your cell phone used to have 3G technology, which essentially used to have dialup speeds. But then they went to 4G, which meant your cell phone could handle video downloads. 5G? It’s 100 times faster than 4G.

And it will be everywhere. Toasters connected to cell phones? Yes. It’s being called the Internet of Things.

China’s War for 5G

So why is China so interested in this new technology? Why are they pushing to dominate the world with their version of 5G? And what dan

Because who controls that new technology will control the new future that is coming. And right now there is a war between China and the U.S. for the future.

Tune in to hear the dangers, and potential, for what is happening in the market and where this is headed.

Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—the podcast version will be right here after the show airs.

Links Mentioned

Kevin’s website is www.EconomicWarRoom.com

Economic War Room, now airs on BlazeTV. To learn more about the Economic War Room Show, visit www.EconomicWarRoom.com. You can get a FREE one-month trial and $20 off an annual subscription now through year end. Go to the website for more details.

Will The Federal Reserve Provide Us With The Next Abuse Of Power Scandal? (Forbes, Jul 19, 2013)

Federal Reserve Transparency Act of 2017 (govtrack, 2017)

Financial Warfare and the Float of China’s Yuan. Weaponization of the Forex Market (Global Research, Nov 1, 2018)

Stock market 2018: Expect Dow volatility as trade war, Trump talk spark fear (USA, April 8, 2018)

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