• Daily Digest

    Daily Digest 12/21 – Yellen Pressed to Back Strong Dollar in Reversing Trump-Era Tone, Airlines, unions optimistic that deal on payroll support is close

    by Daily Digest

    Monday, December 21, 2020, 4:06 PM

Economy

Yellen Pressed to Back Strong Dollar in Reversing Trump-Era Tone

Janet Yellen once touted the benefits of a weaker greenback for exports, but as the incoming Treasury secretary, she faces pressure to return the U.S. to a “strong-dollar” policy — and may cause trembles on Wall Street if she doesn’t.

The greenback’s tumble this year — it’s heading for the second-biggest drop in the past decade — has already stoked foreign policy makers’ concerns, thanks to the competitive advantage it gives the U.S. Even a tacit endorsement of a weakening dollar could spur tensions with trading partners.

2020: The Year We Sold Our Liberties For A Medical Tyranny (CleanEnergyFan)

It has its Prophets (eg. Neil Ferguson); its Priesthood of experts (eg. Whitty and Vallance); its own Soteriology (eg. The Vaccine of Salvation); its evangelists (eg. Piers Morgan); its own eschatology (eg. The New Normal); and of course its heretics (anyone questioning the data or the narrative).

Not everyone who has adopted the bizarre practices of Covidianity is a Covidian. Many have been cowed into it somewhat unwillingly; many have been bamboozled into it somewhat unwittingly; and many others just do not seem to have thought through what is being done to them, much less whether it is right, necessary and proportionate. But there are definitely true Covidians, and you can recognise them by their insistence that all bow down to their cult, and that those who refuse should be shamed.

Despair is hurting America’s labor markets (thc0655)

There is much to be troubled about in America today. The past few years have exposed deep divisions in the U.S. Many of these are a result of a widening gap between those with opportunities and hope, and those who are falling behind. These divisions are evident in high income inequality, reduced social and geographic mobility, and in gaps across the rich and poor in a range of other outcomes, including in premature mortality.

Federal agency says employers can legally require workers to get COVID vaccine

A federal agency declared last week that employers can legally mandate that employees receive the coronavirus vaccine, or be prohibited from entering the workplace if they refuse.

The guidance came as millions of Pfizer COVID-19 vaccine doses were distributed across the United States, with the first inoculation occurring early last Monday.

Facebook, Twitter Revert To Pre-Election News Feed Algos After Their Preferred Candidate Wins Election

Facebook and Twitter have reversed algorithms deployed during the election to prioritize MSM reporting – which, if you recall, peddled the ‘Russian disinformation’ angle on the Hunter Biden laptop story, as opposed to reporting on its content. Also, unrelated we’re sure, Facebook and Twitter execs were giant Biden supporters, and many have joined his transition team and will perhaps be rewarded with positions in his administration.

President Trump makes May Day call to Belém and congratulates Portuguese response to pandemic

US President Donald J Trump has called Portugal’s head of state President Marcelo Rebelo de Sousa this May Day afternoon for a “very cordial” discussion on “diverse subjects of bilateral interest”.

He took the opportunity to “praise the Portuguese response” says a note on the official site of the Portuguese presidency, and “offer all help that may be considered useful and necessary”.

Airlines, unions optimistic that deal on payroll support is close

After months of wrangling, Congress passed a $900 billion coronavirus aid package late Monday that will bring relief to millions of Americans, including tens of thousands in the aviation industry who were furloughed in September.

The deal includes $45 billion in support for the transportation sector, including $15 billion for airlines and $1 billion for airline contractors.

Vaccinations at Chicago-area hospital to resume after 4 workers experience adverse reactions

A north suburban hospital is temporarily pausing coronavirus vaccinations after four workers reported feeling adverse reactions.

Since Thursday, four team members at Advocate Condell Medical Center in Libertyville experienced reactions shortly after receiving the Pfizer COVID-19 vaccination. Their symptoms included tingling and elevated heartrates, the hospital said in a statement.

Environment

Modern Iceland’s Climate Is Colder With More Ice Than Any Other Time In The Last 8000 Years Except The 1800s

A wealth of new research in glacier and sea ice extent show modern Iceland is 2-4°C colder than all of the last 8000 years except for a slightly colder late 19th century. Even the 1700s were warmer with less ice than today in and around Iceland.

A new study (Geirsdóttir et al., 2020) now affirms peak Holocene warmth at  least “∼3–4 °C above modern in Iceland” prevailed throughout much of the last 8000 years. Data from tree growth, glacier-induced soil erosion, algae productivity, sea ice biomarker proxies (IP25), and other climate indices affirm these conclusions.

CRISPR Helps Researchers Uncover How Corals Adjust To Warming Oceans

The CRISPR/Cas9 genome editing system can help scientists understand, and possibly improve, how corals respond to the environmental stresses of climate change. Work led by Phillip Cleves—who joined Carnegie’s Department of Embryology this fall—details how the revolutionary, Nobel Prize-winning technology can be deployed to guide conservation efforts for fragile reef ecosystems.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

Related content
» More

15 Comments

  • Tue, Dec 22, 2020 - 11:52am

    #1
    Nate

    Nate

    Status: Silver Member

    Joined: May 05 2009

    Posts: 504

    7

    scamdemic

    Johns Hopkins University’s student newspaper, the News-Letter, reported on a university presentation stating that COVID-19 “had no effect on the percentage of deaths of older people” and that the virus “has also not increased the total number of deaths” in comparison to historical data. However, the paper later removed the article, stating that it had been used to support “dangerous inaccuracies” on social media.

    Assistant Director for the university’s Applied Economics program Genevieve Briand critically analyzed the net effect of COVID-19 on deaths in the United States based on historical data. Using information from the Center for Disease Control and Prevention, Briand identified the percentages of total deaths per age category both before and after the pandemic began.

    “Surprisingly, the deaths of older people stayed the same before and after COVID-19,” said the News-Letter’s article. “Since COVID-19 mainly affects the elderly, experts expected an increase in the percentage of deaths in older age groups. However, this increase is not seen from the CDC data. In fact, the percentages of deaths among all age groups remain relatively the same.”

    https://campusreform.org/?id=16463

     

    Login or Register to post comments

  • Tue, Dec 22, 2020 - 2:28pm

    #2

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 316

    1

    Nasal Solution

    https://www.upi.com/Health_News/2020/09/17/Nasal-solution-may-stop-spread-of-COVID-19-study-finds/1881600350075/

    Login or Register to post comments

  • Tue, Dec 22, 2020 - 6:27pm

    #3

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2248

    6

    Biden says “darkest days” of Covid crisis are still ahead of us

    http://freedomslighthouse.net/2020/12/22/president-elect-biden-press-conference-warns-darkest-days-of-covid-pandemic-are-ahead-of-us-video-122220/

    President-elect Joe Biden spoke this afternoon, urging Americans to stay vigilant in the face of the ongoing Coronavirus Pandemic. Biden said the Vaccines bring great hope for the future, but he warned Americans, “our darkest days are ahead of us – not behind us,” when it comes to the Pandemic.

    How would Biden know that? What data tells him that? Are the globalists planning to keep the Covid panic running longer and to intensify it? And why would they want to do that? Wasn’t the main point to get rid of Trump?

    Login or Register to post comments

  • Tue, Dec 22, 2020 - 7:02pm

    LBL

    LBL

    Status: Bronze Member

    Joined: Apr 11 2020

    Posts: 46

    1

    LBL said:

    He's just trying to be Re-assuring.

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 10:25am

    Rodster

    Rodster

    Status: Member

    Joined: Aug 22 2016

    Posts: 46

    1

    Rodster said:

    "How would Biden know that? What data tells him that? Are the globalists planning to keep the Covid panic running longer and to intensify it? And why would they want to do that? Wasn’t the main point to get rid of Trump?"

    It's called "Total Control". That's the objective and agenda

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 10:48am

    pyranablade

    pyranablade

    Status: Bronze Member

    Joined: Nov 08 2010

    Posts: 242

    4

    Reply

    Let me inform you of a couple things:

    1) COVID-19 is a real illness and

    2) Joe Biden has no crystal ball, he's making a prediction based on trending numbers

    Those two points shouldn't need to be made anymore and I sure wish I could block anybody that disagrees with them.

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 11:21am

    #7

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 316

    0

    Use it or loose it, is covid distracting you from the dollar collapse?

    We're ALL bag holders

    https://www.retirementliving.com/cryptocurrency-ira

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 12:32pm

    Dutch Boomer

    Dutch Boomer

    Status: Bronze Member

    Joined: Feb 06 2020

    Posts: 108

    3

    Dutch Boomer said:

    well well

    the communist handbook

    Rule 1: the party and its leader is always right, simply because they know it better

    Rule 2: in the case the party and its leader are wrong, rule 1 will kick in

    Rule 3: in the case somebody dares to take another stand it will be blocked

    I am glad that in this tribe the piranhas have no blocking rights

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 2:24pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 615

    2

    Pyranablade

    If, in the past, you wrote a book about the current pandemic and the perceptions of a large minority of the population, you would have  a hard time getting it published because it wouldn't be believable enough. Even pure fiction has to have an element that the majority can relate to.

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 2:31pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 615

    2

    Dutch Boomer

    You're leveling personal insults when you mention names. As far as I know or can interpret, this is not allowed. If someone expresses a wish that there is an ignore feature, without mentioning names, it qualifies as a general sentiment so skirts the personal insult category, imho.

    Please refrain from doing this, in the future. Thanks.

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 2:44pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 615

    1

    000

    Any threat of collapse in the dollar, and bitcoin will be regulated heavily (or be outlawed altogether) It's value will drop, not rise--if one of the premises it has risen on, is that it is a safe haven from government intervention. It will be stripped of it's perception as a pure unsullied 'store of value.'

    The fall in the dollar is temporary. There are too many deflationary forces at work offsetting the inflationary forces. Plus, measured against other currencies, what country or currency is performing any better? As much as the govt has trashed the currency through printing, they will still end up the tallest midget in the room.

    Yellen wants a stronger dollar so will be having an effect on Powell's fed.

    A stronger dollar will enable cheaper commodities to flow into the U.S. to help the U.S. revive manufacturing under Biden's green mantle, work on basic infrastructure, like sewer systems, old dams, bridges, etc...

    A stronger dollar will also help the U.S to get a leg back up on its reserve currency status. It's been losing ground there, a bit.

    I just sold off a small position in gold stock and am now almost entirely in cash--for the time being.

     

    Login or Register to post comments

  • Wed, Dec 23, 2020 - 2:49pm

    agitating prop

    agitating prop

    Status: Gold Member

    Joined: May 28 2009

    Posts: 615

    1

    Oc

    Biden is engaging in conjecture. Of course he could blow off current challenges and tell people not to let the virus interfere with their lives. That always works out well!

    Login or Register to post comments

  • Thu, Dec 24, 2020 - 9:29am

    #13

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 316

    1

    NE Christmas Day Flooding and Power Outages!

    Very warm to very cold with very windy. So possible power outage with flooding. Shelter in place strategies at the ready.

    Hope everyone is getting prepped!

    Login or Register to post comments

  • Thu, Dec 24, 2020 - 11:04am

    Dutch Boomer

    Dutch Boomer

    Status: Bronze Member

    Joined: Feb 06 2020

    Posts: 108

    0

    Dutch Boomer said:

    agitating prop, i didnot mention any name, nor did i insult.

    why did you say that?

    Login or Register to post comments

  • Sat, Dec 26, 2020 - 8:13pm

    CaTrafficSurfer

    CaTrafficSurfer

    Status: Member

    Joined: Dec 22 2020

    Posts: 1

    2

    CaTrafficSurfer said:

    All well here. Theresa,age 70, has worked almost every work day this year in her job with the public in a front office, no mask, no distancing, no sickness. I've, age 71, been out everyday gym, shopping, church. Masking as little as possible, distancing never, no sickness.  Been searching for the fix and cure for the covid. Prevent it with the immune booster: Vit D3, 10000 units/day; Vit C, 3 gm/day; zinc, 50 mg/day. Exercise daily is critical along with avoiding sugar (during the holidays?) and starch. Sugar loads kill the pancreas which brings diabetes (ask me how I know this one.) No stress , this is turning out to be a big one in old folks and life extension.   The cure for covid is "ivermectin" a repurposed med used for a long time to de-worm horses. 12 mg a day for 2 days and by the fourth day all better. Walmart, 4 tubes=$21. No Doc, no hospital, no ventilators, no meds. Been using this in third world countries for a while now. Got this from an angry pathogen researcher who thinks the first world should know about this. Also big warning out there about a covid vaccine a side effect. Take it and be more susceptible to autoimmune diseases. Turns out the vaccine must be engineered w/o certain proteins but it isn't due to the rush. Oops.

    Login or Register to post comments