Tag Archives: COVID-19

by | June 7, 2022 · 9:33 pm

Financial dissatisfaction hits a 50-year high in the United States of America

President Joe Biden tweeted this on Monday: «At the time I took office about 16 months ago, the economy had stalled and COVID was out of control. Today, thanks to the economic plan and the vaccination plan that my Administration put into action, America has achieved the most robust recovery in modern history.»

At the same time, we see that 83% of Americans describe the state of the economy as poor or not so good, according to a poll by Wall Street Journal. Biden`s poll numbers are also below those of Donald Trump. Not only that.

Another poll shows that 35% of Americans are not satisfied with their financial situation, which is the worst result in 50 years.

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Biden often said that Trump was the worst president in history and an existential threat to the nation`s democracy. I wonder what he is saying about himself right now? It must be a bitter pill for an anti-Trump politician like Biden to be outclassed by the 45th president.

On April 2, Biden`s approval rating was 40% while Trump`s was at 50% the same day in 2018. Instead of gaslighting voters, Biden should clean up the messes and fix the inflation asap.

Trump`s vision was lower taxes, but president Joe Biden turned that upside down. People are paying more tax under Biden, than under Trump. On top of that, people must pay more money for their products, which is a hidden tax and makes people`s money less valuable.

Higher gas prices are good for oil companies but very bad for people and the economy. In the long run, it could kill the economy, and today, gas prices in the U.S hit a new record high of $4,91 a gallon (average price). In California, the price is $6,37 a gallon. People don`t like it, but Biden says everything is fine.

Something must be wrong here because there is a huge disconnect between president Biden and the people. And that isn`t good for the democrats at all. If this continues, GOP can win big in the mid-term election in November.

Another poll shows that the GOP is in the best midterm position in 80 years (2 pts lead), according to CNN.

Not even Liberal Media is ignoring Biden`s crisis anymore. They are also lukewarm on his potential second term.

Earlier today, Biden tweeted this: «The fact is America is in a stronger economic position today than just about any other country in the world. Independent experts have even projected that the U.S economy could grow faster than China`s economy this year. That hasn`t happened since 1976».

People`s lives are worse under Biden than under Trump. But people voted for Biden. They asked for it. They got what they asked for. Higher taxes, and inflation. President Joe Biden is the most popular president in U.S history. He got more votes than Obama and Clinton.

On the day he was inaugurated, Biden said; «Today, we celebrate the triumph not of a candidate, but of cause, the cause of democracy. The will of the people has been heard and the will of the people has been heeded.»

The love for Joe Biden was huge in the Hate Trump Media, on the day Biden was inaugurated. «The reason Biden has to do this is that he`s just so incredibly popular,» Don Lemon said on CNN at that time. «The lights from Lincoln Memorial were like Joe Biden`s arms stretching out to all American,» CNN said.

Axios said at that time in January 2021, Biden is charting an economic policy that was visible to the left of Bill Clinton and Barrack Obama. Biden proposed a $1,9 trillion economic stimulus plan and a $15 minimum wage at that time, and employers, employees, and economists warned it will kill millions of jobs.

We are living in times with a lot of challenges, and more trouble is on the way. Famine is probably the most serious one. Chairman and Chief Executive of JPMorgan Chase & Co, Jamie Dimon, said a few days ago that we all must brace for U.S economic «hurricane» due to inflation. Earlier he said storm clouds looming over the U.S economy, but he has changed the rhetoric.

Right now, it`s kind of sunny, and things are doing fine, but the hurricane is right out there down the road coming our way, Dimon said. We just don`t know if it`s a minor one or Superstorm Sandy, he added.

The Fed is under pressure with inflation that is more than three times its 2% target, and that has caused a jump in the cost of living for Americans. It faces the difficult task of dampening demand enough to curb inflation while not causing a recession.

Dimon urged the Fed to take forceful measures to avoid tipping the world`s biggest economy into a recession.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | April 19, 2022 · 8:28 pm

French Income tax would be scrapped for everyone under 30, and interest-free loans of up to €100,000 would be offered to younger families under Marine Le Pen

It`s time for the final round of the presidential battle in France, and Wednesday 20th will be critical for both, Macron and Le Pen. Those who win the war on words on Wednesday can end up as the next president in France.

But many people in France don`t know what to vote for this time. Le Pen is a far-right politician, and she and her party are in a good position to win this time. Opinion polls show that 47% of French voters want Le Pen to win.

Marine Le Pen sent shockwaves through Europe with her latest comments on NATO.

Le Pen said in a press conference that France will leave NATO if she wins the presidency. In 2019, Macron warned Europe and said; NATO is becoming brain-dead. He also said that Europe can no longer rely on America to defend NATO allies.

Macron said on October 21, 2019, that it is high time for Europe to «wake up».

Le Pen also suggested a strategic reconciliation between NATO and Russia once the war is over. On top of that, she wants to reform the EU from the inside. This is why Europe and NATO are so nervous over the French election on Sunday.

Le Pen believes that France can be useful in the resolution of the world`s great disorders, if and only if it is independent. What protesters don`t like is that Le Pen will start an alliance with Putin if she wins the election.

This election is crucial not just for France, but for the whole of Europe, and this is why investors should care. Le Pen is opposed to globalization, and she believes that it is a threat to French society. She proposed the replacement of the world trade organization. And the abolition of the IMF.

Le Pen is also against immigration and considers it a tool of Islamic extremism. Her party is best known for immigration issues, but less known for its economic policies. But she has changed since 2017, and she`s more focused on people`s cost of living.

She wants to eliminate VAT on a basket of foods while cutting the rate from 20 to 5 percent on electricity and petrol. She is more protectionist, and nationalist than Macron who is considered to be a man with a business-friendly agenda.

«Give the French their money back», is Le Pen`s slogan, and she has proposed big tax cuts and new spending. Income tax would be scrapped for everyone under 30, and interest-free loans of up to €100,000 would be offered to younger families, with the debt forgiven if they had three children.

This is good news for yellow vest protesters that started the «Gilets Jaunes» movement in France in 2018, originally a protest against a tax rise on petrol and diesel.

A French sovereign wealth fund would be created to promote an economy focused on what she calls «localism» as opposed to Macron`s «globalism».

People in France believe that Macron is a «president of the rich», and younger voters are angry mostly because of the nationwide cost of living crisis. Younger voters are also angry because of the lost years of their life due to the Covid pandemic and government lockdowns. This has also made an anti-establishment group against the French government.

Marine Le Pen knows this, and that`s why she is focusing on younger voters. The inflation in the eurozone is at its highest ever, and purchasing power and the cost of living is the single most important issue for 58% of voters and a clear majority within every age group except for those 18 to 24, for whom the environment ranks first.

Marine Le Pen is anti-NATO and anti-EU, friendly with Russia`s Vladimir Putin, and she doesn`t want a Frexit, and that has come under scrutiny.

Last Sunday was a good day for Mèlenchon, who finished close behind Le Pen. Polls suggest 30% of Mèlenchon voters might vote for Macron, and 23% for Le Pen. The rest is expected to abstain or vote blank next Sunday.

Macron made history in 2017 when he became the youngest president in France at the age of 39. He promotes democracy and liberalism, and he`s a globalist. He is a favorite to win the election, and 53% want him to be re-elected.

But, it can also be a close race, while 40% of the French voters are still undecided, so the outcome is uncertain. If Macron wins again, it would be a symbolic moment as he will be the first president for 20 years to win a second term.

Four years ago, the man behind Brexit, Nigel Farage, predicted that Marine Le Pen will win the French presidential election in 2022. Time will show.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | February 9, 2022 · 1:01 pm

Big Pharma = Big business

Once the Covid-19-vaccine was developed, many different companies launched their version at the same time, and the authorities started with the elderly because they were in the risk zone. First, you got one shot. But then, they said you needed a new one. And then a third one, and maybe four shots before you need to top it all with a booster.

Not only that. On top of that, you need to buy a test for you and your family. If everybody around the world can do that, and continue to do that for some time, I think it will be good business for the Big Pharma industry.

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Big Pharma is doing a great job. They make medicines and vaccines that save lives. This is good. But, there is another side of the coin, and that isn`t good at all.

We all understand that corporations like Apple wants to sell as many phones as they can to the whole world. But what if Big Pharma does the same? The more sick people are, the more they earn. And investors like it and want more.

Many of the Covid-19-vaccines are paid by «We the people.» What they got in return is a vaccine, and the more they sell, and the higher the prices are, the more they earn. So, sick people are a great business.

Pfizer came out with an earnings report yesterday (Feb 8), and CEO Alberta Bourla said it expects 2022 sales of its Covid-19 vaccine and antiviral pill to top $54 billion, according to Reuters. Sales for its oral Covid-19 antiviral, Paxlovid, could be «way bigger» than Pfizer has to forecast.

Pfizer executives said the company is in active discussions with over 100 countries about Paxlovid and has the capacity to top 120 million courses if needed. Pfizer developed the covid-19 vaccine with Germanys BioNTech SE.

According to Peoples Vaccine Alliance, the companies behind two of the most successful Covid-19 vaccines (Pfizer, BioNTech, and Moderna) are making combined profits of $65,000 every minute.

That`s about $1,000 every second.

Overall, Pfizer expects 2022 sales of $98 billion to $102 billion. By comparison, the commercial recorded music industry grew by 7,4% to a total value of $31,6 billion in 2021.

So, if you want to invest your money for a big profit, you should invest in corporations that earn money on sick people. Not corporations that make people happy. The music industry.

According to Peoples Vaccine Alliance, Big Pharma earn money thanks to their patent monopolies for successful vaccines against the coronavirus, development of which was supported by $100 billion in public funding from taxpayers in the U.S, Germany, and other countries, the three corporations earned more than $26 billion in revenue in the first half of the year, at least two-thirds of it as pure profit in the case of Moderna and BioNTech.

According to Fortune, Germany funded the development of Pfizer`s Covid vaccine. Not U.S`s Operation Warp Speed.

The Alliance also estimates that the three corporations are over-charging, pricing vaccines by as much as $41 billion above the estimated cost of production.

Big Pharma`s business model is clear; receive billions in public investments, charge exorbitant prices for life-saving medicines and pay little tax.

This is gold dust for wealthy investors and corporate executives but devastating for global public health.

Instead of partnering with governments and other qualified manufacturers to make sure that we have enough vaccine doses for everyone, these pharmaceutical companies prioritize their own profits by enforcing their monopolies and selling to the highest bidder.

Profits before people.

In the first half of 2021, Moderna paid a 7% US tax rate and Pfizer paid a 15% tax rate, well below the US statutory rate of 21%. BioNTech which is a German startup that produced the recipe for the Pfizer vaccine paid a significantly higher tax rate of 31% tax rate in Germany.

New estimates of the cost of production for the successful mRNA covid vaccines suggest they can be produced for as little as $1,18 a dose of COVAX. Available reported prices to suggest that governments worldwide are paying between 4 and 24 times more than they could be for Covid-19 vaccines.

In other words; the cost of vaccinating the world against Covid-19 could be at least five times cheaper if pharmaceutical companies weren`t profiting from their monopolies on Covid vaccines. This is money you could spend on education and happiness.

The world is now talking about booster shots and realizing how much power has been vested in the hands of vaccine makers. They can hold the government hostage. They can force people to pay through their nose.

The CEO of Pfizer has suggested potential future prices of as much as $175 per dose. That`s 148 times more than the potential cost of production. If you need a booster shot every single year of the foreseeable future, vaccine companies can dictate every single line and clause in their top-secret contract to the governments around the world. It sounds like a vaccine robbery.

There is no doubt; Big Pharma is dangerously powerful. They decide who`s gonna live and die, and governments around the world are the only ones to do something about it. They should be there for the people.

Truckers and other people around the world are protesting against the government and their vaccine mandates and the crowd are growing bigger and bigger. Journalists and MSM say; «Take the vaccine!» «Take the vaccine!»

Leftist Marxist media and the governments are dividing people, claiming that the protesters are unvaccinated, fringe minority, misogynist, extremist, Trump-supporters, Nazis, Domestic terrorists, QAnon supporters, White supremacists, Homofob, Sexist, Racist, and so on. This is how they always smear the right side. This is how they always demonize people on the right side. This is a classical “we” versus “them.” Tell me; Is this how you unite people?

Pfizer is accused by a former senior US health official of «war profiteering» during the pandemic. Tom Friedman, who was director of the US Centers for Disease Control (CDC) and Prevention under Barrack Obama, said: «If you`re focusing on maximizing your profit and you`re a vaccine manufacturer, you are war profiteering.»

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | May 17, 2021 · 7:16 pm

Walmart and Target in focus

Walmart and Target is in focus for me this week. Two corporations in the same business but also very different. Walmart is a giant while Target is smaller with more growth potential. Walmart will report earnings on Tuesday before the market opens. Target on Wednesday.

Walmart`s EPS forecast for the quarter is $1,21. The reported EPS for the same quarter last year was $1,18. The consensus EPS forecast for Target`s quarter is $2,11 vs $0,59 for the same quarter last year.

The numbers for Target looks better than the giant Walmart, but the number as a whole will also give us more information about the consumer spending during the Covid-19 pandemic recovery.

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Walmart has been one of the big winners thanks to the pandemic, and reported record fourth-quarter and fullyear sales in February. However, the momentum slowed down in the first three months of the year. So, two more rounds of direct checks to most Americans didn`t help this time.

Analysts expect to see Walmart`s revenue dip 2% but earnings to rise by 4%. The company has been shelling out additional capital to raise wages for workers and build out its relationships with shoppers.

Walmart will spend nearly $14 billion in the current fiscal year to build out supply chain capacity and automation to keep pace with demand. Investors will look at Walmart`s newer initiatives in this week`s earnings report.

Target is smaller but grow faster. The company is expected a growth of 10,1% from the prior-year reported figure. It`s also estimated a big jump for Target`s earnings on Wednesday. EPS has risen to $2,11 which is a sharp improvement from 59 cents from a year ago.

Target is also one of the biggest winners during the pandemic, and its one-stop shopping destinations has been a big success. Same-day delivery of in-store purchases and fast track technology improvements has also been a great success for Target.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | January 22, 2021 · 5:30 pm

World Economic Forum Annual Meeting 2021 will be held on the theme “The Great Reset”

It`s time for the world leaders to come together in Davos once again. The World Economic Forum (WEF) is the Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agendas.

The WEF agenda is scheduled to be held between January 25 and 29. Mukesh Ambani, Anand Mahindra, Union Ministers Nitin Gadkari, Piyush Goyal, and others will attend the online event. The decision to host the event online comes amidst the Covid 19 pandemic situation, but WEF will host its physical annual meeting in May in Singapore.

As the WEF writes in its statement, the pandemic has accelerated systemic changes that were apparent before its inception. The fault lines that emerged in 2020 now appear as critical crossroads in 2021.

They will talk about «How to save the world,» and topics around that issue will be Covid 19 and climate change. Fairer economic; financial and monetary systems of different countries. Tech for good; big data and other tech disruptions. Society and future of work; remote work culture and gender parity. Better business, healthy future, and beyond geo-politics.

The «Davos Agenda» will also mark the launch of WEF`s Great Reset Initiative and begin the preparation of the special Annual Meeting during the spring.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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