The Weekend Shock Letter for May 30th, 2020

It has been a turbulent week. More evidence is coming out that I was right about the Wuhan Coronavirus, but being right isn’t making me happy. A shell-shocked economy continues to decline. Social distancing is looking like a new mantra for aspiring socialists. Free speech is ending. Riots have broken out over the police killing of George Floyd, and the riots look bad. Obamagate seems to be turning more serious, and the Democrats STILL want to steal the 2020 election.

And, last but not least, I finished my first installment of my next series:

Where We Go From Here, Part 1: The Crisis of Financial Confidence

It’s going to be a bumpy ride, kids.

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The Wuhan Coronavirus – A Bug in Search of a Windshield

The Wuhan Coronavirus has finally broken its containment. With some exceptions (Taiwan), our governments have handled the situation with complete incompetence, actually helping it to spread. And, we even have a cult to blame for a massive outbreak in South Korea and who-knows-where-else.

The question is…

…what comes next?

There are too many unknowns to be certain, but we think that we might be in for a pretty rough ride. And, the virus itself, won’t be the biggest problem.

All of this sounds like a bug in search of a windshield.

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Ebola, Urbanization and the Spanish Flu

I’m struck by a thought that I haven’t seen anyone talk about – the effect of urbanization on the spread of pandemics. And, I’m surprised that so little is being said about this.

Yet, it would have been the growth in city population (i.e., urbanization) that had to have been one of the leading causes for why so many died of the Spanish Flu. Those living in cities would have had a dramatically higher chance of dying from the 1918 Flu Pandemic, than those who live outside the cities, on a farm.

Even more interesting is the fact that the Spanish Flu of 1918 was less lethal than Ebola – ‘only’ killing between 10% and 20% of its victims.

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