Cancel Yourself

Michael Krieger:

In this regard, I have a simple suggestion. Cancel Yourself. Unshackle yourself mentally from our suffocating and bland corporate culture while you still have a chance to do it voluntarily. Cancel yourself before they have a chance to cancel you. In this there is power. You’re taking charge and acting proactively as opposed to reacting. We need to play the game on our own terms, because the game’s coming for us either way.

https://www.zerohedge.com/political/cancel-yourself

Econo-Bio War and China Joe

The Red Ponzi’s bio-econo war that began in 2020 certainly delivered the goods: December trade surplus up 34$ YoY and setting monthly records in wealth transfer from the US.

And, of all things that leads the transfer is … wait for it … healthcare/covid-related products.

With China Joe and their paid agents in Congress and the Oligarchy, 2021 looks like the return to the glory days of Clinton Inc., and Obama.

As if Trump and the MAGA Years never happened – cancelled, to be precise.

https://www.zerohedge.com/markets/what-trade-war-chinese-trade-surplus-hits-all-time-high-soaring-exports-pandemic-goods

$51 Billion Lost in 2 Days

A combined image showing Facebook CEO Mark Zuckerberg (L) and Twitter CEO Jack Dorsey testify remotely before Congress on Oct. 28, 2020. (Michael Reynolds/Pool/AFP via Getty Images)

The market loss from the Trump ban and the user cancellations

“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power, pure power.”

George Orwell, “1984”

https://www.theepochtimes.com/twitter-facebook-51-billion-combined-market-value-erased-since-trump-ban_3656442.html

Buddy Can You Spare a Dime

Filings for U.S. initial jobless benefits surge by the most since March

Surged last week by the most since late March – up 181K to 965K in the week ended January 9.

Unadjusted, the total is up 1.15 million.

Caught analysts by surprise – nobody saw the claim uptick coming.

https://www.bloomberg.com/news/articles/2021-01-14/u-s-jobless-claims-jump-by-most-since-march-approach-1-million?srnd=premium

RNA Vaccine

Vaccines developed by Pfizer/BioNTech and Moderna are the marquee developments of RNA technology that can potentially immunization programs targeting HIV, malaria, influenza and other viral pathogens.

RNA vaccines employ a messenger RNA (mRNA) that encodes the full-length SARS-CoV-2 spike protein. Upon injection into a vaccine recipient, the mRNA enters cells and is translated by the host protein synthesis machinery into the SARS-CoV-2 spike protein.

The vaccines teach the body to recognize and destroy disease-causing agents. In contrast to traditional vaccines (weakened pathogens or antigens – fragments of the proteins or sugars on their surfaces), RNA vaccines carry only the directions for producing these invaders’ proteins. Not the pathogen or fragments.

RNA vaccines produce the antigens, essentially turning the body into its own inoculation factory.

Results of the first successful translations of foreign mRNA in mammals was published in 1990, and this technology has been refined ever since.

RNA stability has been a concern but shown to be remedied through enhanced delivery methods.

Sanofi Pasteur first used RNA to encode an influenza antigen in mice. The RNA produced an immunogenic response, but the lipid delivery system that the team employed was too toxic to use in people. A decade would pass before companies discovered the LNP technologies that would make today’s COVID-19 vaccines possible (see Geall et al. (2012)).

In 2012, the US Defense Advanced Research Projects Agency (DARPA) began funding groups at Novartis, Pfizer, AstraZeneca, Sanofi Pasteur and elsewhere to work on RNA-encoded vaccines and therapeutics. CureVac and Moderna built on that initial work.

References

Inflation News

Your money is worth less by the amount the Fed expected.

Per ZeroHedge:

The final print actually matched expectations, rising 0.4% MoM (vs +0.2% MoM in November) pushingthe YoY print for the headline CPI up to +1.4%. This is the seventh straight rise in consumer prices.

But, when you get into the details, it’s looking ugly on a day-day basis – like food and energy.

Make Bang Bang With Fang Fang

teaser image

It just gets funnier and funnier.

SIGH!

That said, here’s Jonathan Turley on the absurdity that is the Socialist Party and their War Party allies in Congress:

While there are good faith reasons for calling for impeachment, there remain serious questions over the speed and basis for the impeachment.  My concern is primarily over the use of a snap impeachment without even a hearing to discuss the implications of this action. That makes the House managers even more important in bringing credibility to this effort. This is putting politics ahead of the institution in my view.

Turley may see “good faith reasons” but maybe he is just too naive for his own good.

We all know what this is.

And we have long memories.

But, hey, we can also enjoy a great joke when we hear one.

Red Ponzi Debt Market

Some of China Fortune Land's dollar bonds sank to record lows

Investor confidence in China Fortune Land Development Co. Ltd. is tumbling as concerns grow about its debt repayment abilities just as Beijing steps up efforts to cut risk in the real estate sector.

The mid-sized developer’s dollar bonds fell to record lows earlier Tuesday, with some rebounding but a note due 2024 still down at 49.8 cents on the dollar at 5:23 p.m. Hong Kong time, Bloomberg-compiled prices show. The bond was quoted at around 86 cents at the end of last year. The firm’s onshore bonds also slumped, with one due December 2025 down 58% at 43 yuan.

Losing 3.2% Tuesday, the developer’s shares have sunk 48% in the past 12 months, making it the worst performer on the CSI 300 Index.

https://www.bloomberg.com/news/articles/2021-01-12/investors-have-a-new-default-worry-in-china-s-credit-market

Greenwald on Anti-competitive Behavior

Greenwald:

“If one were looking for evidence to demonstrate that these tech behemoths are, in fact, monopolies that engage in anti-competitive behavior in violation of antitrust laws, and will obliterate any attempt to compete with them in the marketplace, it would be difficult to imagine anything more compelling than how they just used their unconstrained power to utterly destroy a rising competitor.”