Review: Tiger King: Murder, Mayhem and Madness

This Netflix documentary might have been custom made for people trapped in a plague lockdown with nothing but too much time on their hands. Although it follows real people engaged in real things they really did, Tiger King: Murder, Mayhem and Madness has the feeling of an alien artifact that just came screaming in from some faraway star cluster. There’s nothing in it—not the bad clothes, the bad haircuts, the lamentable life choices—that suggests an origin here on Earth. Or maybe I just need to get out more.

The story is set in the world of exotic-animal fanciers—the hinterland entrepreneurs who run private zoos in states like Oklahoma, Florida and South Carolina, and the family trade that flocks to them to have pictures taken with cuddly tiger cubs. There are specialists on this circuit—people devoted to camels, bears, bobcats and 20-foot pythons—but the main attraction is tigers. (We’re told that there are more of these endangered beasts living in captivity in this country than there are living in the wild throughout the rest of the world.)

The main attraction of this five-hour series—which is not some sort of do-goody nature doc—is an Oklahoma zoo owner named Joe Schreibvogel, who goes by the name “Joe Exotic,” and happily describes himself as a “gay, gun-carrying redneck with a mullet.” Look at this guy: the black-leather pants, the pistol on his hip, the rhinestone handcuffs on his belt, the earrings, the eyeliner, and, yes, the mullet, which is naturally dyed platinum. Joe describes his private zoo, which is located in rural Wynnewood, Oklahoma, as the “World’s Largest Big Cat Park.” But he has his eye on other prizes, as well. He has a studio on his property in which he records songs for his self-released albums (I’ve heard worse) and he also tapes a wildly eccentric Internet video program. His showbiz style combines the la-di-da cadences of Chris Guest’s Corky St. Clair in Waiting for Guffman and the cramped smirk deployed by Mike Myers in the Austin Powers movies. If Joe didn’t exist, no writer would dare to invent him.

Despite his unflagging air of manic exuberance, Joe has a problem. Her name is Carole Baskin, and she’s one of those PETA people who hates the idea of wild animals being forced to live in cages. So she hates Joe Exotic, and has devoted considerable time to bad-mouthing his cat park and harassing his porta-tiger roadshows. “I consider that bitch to be one of the biggest terrorists in the exotic-animal world right now,” Joe says.

Carole, who has an animal operation of her own (all rescues, she claims), can afford to make Joe’s life a living hell because, he says, she’s a multi-millionaire. This is where Tiger King gets really interesting. According to Joe, and to several other people from whom we hear, Carole inherited all her money from her wealthy second husband, Don, who went missing some years ago and has never been found. (Police remain suspicious and the case is still open.) Carole’s behavior at the time of Don’s disappearance was certainly odd, and rumors abound, the most colorful one being that Carole fed her dead hub to her tigers. Joe has improved on this story with his suggestion that Carole actually fed Don’s dissected body into a meat grinder. (Carole allows that she does own a meat grinder, but that it’s quite small.)

As Carole makes Joe’s life increasingly difficult, he becomes obsessed with her. “She was my number-one murdered-her-husband-and-fed-him-to-the-tigers crazy bitch,” he says. He mused about flying a helicopter over her animal park and dropping grenades on it. And in one installment of his Internet show, we see him taking aim at a blow-up sex doll that’s been rigged to look like Carole and then shooting it in the head. Lawsuits were inevitable and extensive.

Through all of this hoopla, we also get to make the acquaintance of some of Joe’s fellow zoo enthusiasts. One of these, a man who calls himself Bhagavan “Doc” Antle, is a ponytailed collector of young women, whom he enjoys dressing in sexy cat-centric party outfits. One woman says that Antle is a doctor of “mystical science”; another reports that he pressured her to get breast implants (which she did). There’s also a Las Vegas character named Jeff Lowe, a proud swinger whom we see with his very pregnant wife poring over some photos of potential nannies—searching for one who’ll be hot enough for Jeff’s continuing carnal needs. Then there’s Mario Tabraue, a major-league drug dealer (retired) who believes he may have been the model for Tony Montana in Scarface. Is there room here to note that Joe Exotic has two husbands, and a third on the way?

Made over a period of five years by directors Rebecca Chaiklin and Eric Goode, Tiger King bears unsurprising similarities to Errol Morris’s The Thin Blue Line (wisps of dreamtime pacing and a few unnecessary recreated scenes). The material—the wild characters and their insane machinations – is all that any connoisseur of weird Americana could want. Unfortunately, it becomes a bit of a slog as the end heaves into view——these are basically stupid, cruddy people, and having made their acquaintance, you may, after the third or fourth hour, find yourself growing eager to unmake it.

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House Prepares Vote On $2 Trillion Stimulus Bill As US Death Toll From COVID-19 Passes 1,300: Live Updates

House Prepares Vote On $2 Trillion Stimulus Bill As US Death Toll From COVID-19 Passes 1,300: Live Updates

Just a few short days ago, the Dow was still trading below 20k, Italy still had a higher COVID-19 case count than the US and New York City hospitals still had a few available beds. Just a few days later, everything has changed. US stocks have rallied back, erasing roughly half of their losses since they dropped from record highs, and New York has cemented its position as the worst outbreak in the country, as the virus spread widely during the month of February, when US officials were still sitting on their hands.

Though one Republican Congressman from Kentucky is threatening to delay a vote until the weekend by throwing up another procedural hurdle, by all accounts, the House is preparing to vote on Friday on a $2 trillion stimulus package that will dole out money to out-of-work Americans. At the same time, President Trump has continued to press for parts of the country to “re-open” in the coming days.

According to Johns Hopkins data, the global case total has passed 537,000, while the US reported nearly 86k as of Friday morning after the size of the US outbreak surpassed China’s. For the last two weeks, China has reported either no new domestic infections, or just one or two domestic infections. Earlier this week, China shut its borders to foreigners to try and prevent a second wave of the outbreak. China’s  travel ban affecting all non-resident foreigners is set to begin at midnight local time, or in roughly six hours.

The global death total was nearing 26K as of Friday morning, with more than 1,300 deaths counted across the US. According to an ABC News/Washington Post poll 77% of Americans said their lives had been disrupted by the outbreak, while 41% said that somebody in their own community had been impacted, and one in ten Americans claim to personally know somebody who has been infected. Still, Italy’s death toll, at roughly 8,200, remains by far the highest in the world. Iran’s official death toll, thought to be only a fraction of the real number, is still only ~2,300, after announcing another 144 new deaths Friday morning.

Africa has seen the virus spread far more slowly than many health officials feared, but as of Friday, COVID-19 had been detected in nearly every country on the continent.

South Africa started its official lockdown as of midnight on Friday: the shutdown will impact roughly 57 million citizens in the country. The country, which boasts the largest economy in Africa, reported its first 2 deaths on Friday as well.

Hong Kong reported 65 new coronavirus infections on Friday, its largest daily increase yet, bringing its total confirmed cases to 518, with 41 of the new cases being ‘travel-related’. It’s the latest disappointing news as the China-ruled city hopes to prevent a travel-related resurgence. In Singapore, which has also seen a jump in travel-related cases, intentionally standing or sitting too close to someone has been made a crime punishable by up to six months in jail or a fine of nearly $7,000.

Russia reported 196 new cases of coronavirus, a daily record, taking its official total for those infected with the disease to 1,036. the country reported another death over the last 24 hours, bringing its total to 4. A lockdown that had been imposed on Moscow earlier this week has now been expanded to cover the entire country. Russia’s Interfax news agency cited Prime Minister Mikhail Mishustin as asking all Russians to avoid all “non-essential” trips, and to avoid leaving their homes.

As Israel – which has reported roughly 3k cases and 10 deaths – scrambles to stave off an outbreak, the country has deployed about 500 army soldiers to assist police in enforcing the lockdown.

To reduce the number of social contacts, Hungary is joining the ‘lockdown’ club, imposing restrictions on citizens leaving their homes between March 28 and April 11, PM Viktor Orban said he will present a plan of action to restart the economy in the first half of April.

In North Korea, the government said late Thursday that about 2,280 citizens and two foreigners remain under coronavirus quarantine after authorities released thousands of people in past weeks who were confirmed to have no symptoms.

Chinese President Xi Jinping and President Trump participated in a call Thursday evening where they agreed to “unite to fight” the coronavirus, according to Chinese state media. Xi told Trump China “wishes to continue sharing all information and experience with the US” according to state broadcaster CCTV, while Trump tweeted that the two leaders were “working closely together”.

Finally, Spain reported 769 deaths on Friday, its largest daily jump in deaths since the beginning of the outbreak. The country also reported 7,871 new cases, with the total climbing to 64,059.

Meanwhile, as US hospitals prepare to face an onslaught of new severe cases and deaths, many while also dealing with shortages of critical equipment like ventilators, as well as personal protective equipment, a Detroit area health system has developed a contingency plan to deny ventilators and intensive care treatment to coronavirus patients with a poor chance of surviving, according to the Washington Post.

In a rare piece of good news, the suburban Washington State hospital that handled the first onslaught of coronavirus patients weeks ago – a crush of seriously ill and dying nursing home residents that signaled the beginning of the national crisis in the US – is now cautiously optimistic that local officials have succeeded in “flattening the curve”, as the number of new cases has finally tapered off.


Tyler Durden

Fri, 03/27/2020 – 07:02

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The Crown

Monarchy is a soulless institution that stamps out all individuality, and its effects can be harshest on those at the top of the pyramid. That is the major ironic takeaway of the third season of Netflix’s The Crown, which continues its look at the modern British Royal Family, now in the turbulent 1960s and ’70s.

The characters are older, as are the new actors playing them, aged by both time and the demands of their roles. With that age has come a palpable sense of regret for Queen Elizabeth II and her husband, Prince Phillip. Sequential episodes in the middle of the season show the two grappling with the fact that conformity to the needs of “the Crown” has prevented them from spending their lives the way they’d have preferred (and perhaps with whom they would have preferred): Philip as a naval officer and Elizabeth as a horse breeder.

Barreling headlong into that same fate is their son, Prince Charles, whose attempts to bring his own personality to bear as heir to the throne are either dismissed or actively crushed by his family. The struggle from earlier seasons between the Crown and the people who wear it is over: The Crown won.

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The Crown

Monarchy is a soulless institution that stamps out all individuality, and its effects can be harshest on those at the top of the pyramid. That is the major ironic takeaway of the third season of Netflix’s The Crown, which continues its look at the modern British Royal Family, now in the turbulent 1960s and ’70s.

The characters are older, as are the new actors playing them, aged by both time and the demands of their roles. With that age has come a palpable sense of regret for Queen Elizabeth II and her husband, Prince Phillip. Sequential episodes in the middle of the season show the two grappling with the fact that conformity to the needs of “the Crown” has prevented them from spending their lives the way they’d have preferred (and perhaps with whom they would have preferred): Philip as a naval officer and Elizabeth as a horse breeder.

Barreling headlong into that same fate is their son, Prince Charles, whose attempts to bring his own personality to bear as heir to the throne are either dismissed or actively crushed by his family. The struggle from earlier seasons between the Crown and the people who wear it is over: The Crown won.

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Go Big Or Go Home… Is This The Ruling Elites Last Stand?

Go Big Or Go Home… Is This The Ruling Elites Last Stand?

Authored by Charles Hugh Smith via The Daily Reckoning blog,

To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what’s left after debts are subtracted from the market value of assets.

Let’s say the household has done very well for itself and owns assets worth $1 million: a home, a family business, 401K retirement accounts and a portfolio of stocks and other investments.

The household also has $500,000 in debts: home mortgage, auto loans, student loans and credit card balances.

The household net worth is thus $1,00‌0,00‌0 minus $500,000 = $500,000.

Let’s say a typical financial crisis and recession occur, and the household’s assets fall 30%. 30% of $1 million is $300,000, so the market value of the household’s assets falls to $700,000.

Deduct the $500,000 in debts and the household’s net worth has fallen to $200,000. The point here is debts remain regardless of what happens to the market value of assets owned by the household.

Then the speculative asset bubbles re-inflate, and the household takes on more debt in the euphoric expansion of confidence to buy a larger house, expand the family business and enjoy life more.

Now the household assets are worth $2 million, but debt has risen to $1.5 million. Net worth remains at $500,000, since debt has risen along with asset values.

Alas, all bubbles pop, and the market value of the household assets decline by 30%, or $600,000. Now the household assets are worth $2,00‌0,00‌0 minus $600,000 or $1,400,000. The household net worth is now $1,40‌0,00‌0 minus $1,50‌0,00‌0 or negative $100,000. The household is insolvent.

On top of that, the net income of the family business plummets to near-zero in the recession, leaving insufficient income to pay all the debts the household has taken on.

This is an exact analog for the entire global economy, which pre-pandemic had assets with a market value of $350 trillion and debts of $255 trillion and thus a net worth of around $100 trillion.

The $11 trillion that has evaporated in the market value of U.S. stocks is only a taste of the losses in market value. Global stock markets has lost $30 trillion, and once yields rise despite central bank manipulations (oops, I mean intervention), $30 trillion in the market value of bonds will vanish into thin air.

The market value of junk bonds has already plummeted by trillions, and that’s not even counting the trillions lost in small business equity, shadow banking and a host of other non-tradable assets.

Then there’s the most massive asset bubble of all, real estate. Millions of properties delusional owners still think are worth $1.4 million will soon revert to a more reality-based valuation around $400,000, or perhaps even less, meaning $1 million per property will melt into air.

Once the market value of global assets falls by $100 trillion, the world is insolvent.

Everyone expecting the financial markets to magically return to January 2020 levels once the pandemic dies down is delusional. All the dominoes of crashing market valuations, crashing incomes, crashing profits and soaring defaults will take down all the fantasy-based valuations of bubblicious assets:

Stocks, bonds, real estate, bat guano, you name it.

The global financial system has already lost $100 trillion in market value, and therefore it’s already insolvent. The only question remaining is how insolvent?

Here’s a hint: companies whose shares were recently worth $500 or $300 will be worth $10 or $20 when this is over. Bonds that were supposedly “safe” will lose 50% of their market value. Real estate will be lucky to retain 40% of its current value. And so on.

As net worth crashes below zero, debts remain. The loans must still be serviced or paid off, and if the borrowers default, then the losses must be absorbed by the lenders or taxpayers, if we get a repeat of 2008 and the insolvent taxpayers are forced to bail out the insolvent financial elites.

Here’s the S&P 500. Where is the bottom?

There is no bottom, but nobody dares say this. Companies with negative profits have no value other than the cash on hand and the near-zero auction value of other assets. Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero.

But don’t worry, the government is on the case…

That governments around the world will be forced to distribute “helicopter money” to keep their people fed and housed and their economies from imploding is already a given. Closing all non-essential businesses and gatherings will crimp the livelihood of millions of households and small businesses that lack the financial resources to survive weeks without any revenues.

The only question is whether governments which can borrow or print fresh currency will get ahead of the implosion or fall behind, creating a binary choice: go big now or go home.

Half-measures in helicopter money work about as well as half-measures in quarantine, i.e. they fail to achieve the intended objectives. Dribbling out modest low-interest loans is a half-measure, as is cutting payroll taxes.

Neither measure will help employees or small businesses whose income has fallen below the minimum needed to pay essential bills: rent, food, utilities, etc.

Meanwhile, the ruling elites will be under increasing pressure to bail out greedy financial elites and gamblers. Those are the scoundrels and parasites they bailed out in 2008-09. But this is not just another speculative bubble-pop, this is a matter of life and death and solvency for the masses of at-risk households and small businesses.

It is a different zeitgeist and a different crisis, and bailing out greedy parasites (banks, indebted corporations, speculators, financiers, etc.) will not go over big while households and small businesses are going bankrupt.

The Federal Reserve has been handed a lesson in the ineffectiveness of the usual monetary “bazooka” in bailing out the predatory-parasitic class of overleveraged gamblers. Nearly free money for financiers isn’t going to save the economy or non-elites sliding toward insolvency.

Instead of leaving the bottom 99.5% to twist in the wind while enriching the predatory-parasitic class, the ruling elites will have to let the top 0.5% twist in the wind and save the bottom 99.5%. This will require going against all the thousands of lobbyists, all the chums at the club, and all the millions in campaign contributions, but it’s a binary choice.

Either save your citizenry or sacrifice your legitimacy by bailing out the predatory-parasitic class. If the ruling elites save their parasitic pals, the public will demand the scalps of the predatory-parasitic class, and as the crisis deepens, they will eject every craven, greedy elected toady who caved in to the predatory-parasitic class.

So listen up ruling elites: either go big or go home. Either accept that it’s going to take several trillion dollars in helicopter money to insure the most vulnerable households and real-world enterprises remain solvent, or quit and go home.

The pandemic crisis isn’t going to end in April or May, though the urge to indulge in such magical thinking is powerful. It might still be expanding in August and September.

This is why it’s imperative to go big now, and make plans to sustain the most vulnerable households and small employers not for two weeks but for six months, or however long proves necessary.


Tyler Durden

Fri, 03/27/2020 – 06:10

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Prof Who Predicted 500K UK Deaths Now Says Under 20K Will Die, Peak In Two Weeks

Prof Who Predicted 500K UK Deaths Now Says Under 20K Will Die, Peak In Two Weeks

Imperial College London’s Neil Ferguson – who originally estimated 500,000 deaths in the UK due to Coronavirus, now says that the virus will peak in just two or three weeks, and that UK deaths from the disease are now unlikely to exceed 20,000, according to NewScientist.

The need for intensive care beds will get very close to capacity in some areas, but won’t be breached at a national level, said Ferguson. The projections are based on computer simulations of the virus spreading, which take into account the properties of the virus, the reduced transmission between people asked to stay at home and the capacity of hospitals, particularly intensive care units. –NewScientist

Why the change of heart from Ferguson – who himself has contracted COVID-19?

Ferguson – whose ‘Terrifying’ research from just 10 days ago predicted 2.2 million deaths in the US and that the UK would need to be under quarantine for 18 months or more – now says that coronavirus will not overwhelm the UK’s ICU beds, and that over 1/2 of those it will kill would have died by the end of the year anyway because they were so old and sick.

His reasoning is that estimates of the virus’s transmissibility are much higher than previously thought – and that many more people have gotten it than we realize, making it less dangerous overall.

New data from the rest of Europe suggests that the outbreak is running faster than expected, said Ferguson. As a result, epidemiologists have revised their estimate of the reproduction number (R0) of the virus. This measure of how many other people a carrier usually infects is now believed to be just over three, he said, up from 2.5. “That adds more evidence to support the more intensive social distancing measures,” he said. –NewScientist

That said, his original model predicted this if recommended measures were implemented:

Meanwhile, a report from Oxford University suggests that the UK may have already achieved herd immunity because more than 50% of the population has likely had the virus and recovered.

This has caused the British government to downgrade Coronavirus from being an acute, deadly, infectious disease, as noted by Armstrong Economics.

That said, there are some issues, according to Rabobank’s Michael Every.

This theory is based on the assumption that the virus’s infection rate (R0) is 2.25, and that as it has been spreading like wildfire since January, mathematically much of the UK is likely already infected – and as they aren’t dead, must now be OK.

Which is fine until once notices the number of virus tests done in the UK: as of 9am on 24 March, a total of 90,436 people had been tested, of which 82,359 were confirmed negative and 8,077 were confirmed positive. In other words, 9 out of 10 patients tested are coming back negative.

If COVID-19 has spread like wildfire, and hence we are close to the much-coveted “herd immunity”, why are there so few positives for virus antibodies in this sample group? Surely it should be closer to 50-50? -Rabobank

Every points out that in Wuhan, China, 3-10% of those who have recovered from the virus still test positive afterwards. 

Some have found Ferguson’s change of heart to be a bit unbelievable for a guy who was deathly afraid just weeks ago, and whose July 16th paper reportedly catalyzed  the Trump administration into its current course of action.


Tyler Durden

Fri, 03/27/2020 – 05:35

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No Need For Hard Quarantine In Russia, Which Closed Its Border Back In January

No Need For Hard Quarantine In Russia, Which Closed Its Border Back In January

Authored by Paul Joseph Watson via Summit News,

A World Health Organization official says there is no need for Russia to implement a hard quarantine to fight coronavirus after Moscow closed most of its border back in January.

The WHO’s representative in Russia, Melita Vujnovic, said the country was “one step ahead” of other countries in its battle against COVID-19.

“The measures that Russia has been implementing from the very first day when the WHO received a notification from China that there is a new virus, are wonderful, because this is not just one measure, but a whole set of measures, which is being expanded,” Vujnovic said at a press conference.

Russia announced back on January 31st that it was closing most of its 4,200-kilometer border with China and banning Chinese citizens from entering the country.

This occurred during the same time period when western nations and the WHO insisted that they wouldn’t stop the international flow of people despite the threat of a pandemic.

Although Moscow has ordered nightclubs and cinemas to be closed, bars and restaurants remain open and people are allowed to travel freely.

Russia has recorded 840 cases of coronavirus so far with just three deaths. Compare that to Italy, which has suffered over 75,000 cases and more than 7,500 fatalities.

Singapore, which despite its proximity to China has recorded only 2 coronavirus deaths, also closed its border back in January.

Virtually every European country has now imposed some kind of border control, but for many it was too little too late.

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Tyler Durden

Fri, 03/27/2020 – 05:00

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Brickbat: School’s Out Forever

The School District of Philadelphia has barred teachers from providing remote instruction to students while schools are closed because of the coronavirus pandemic. School officials say teachers may not require students to do work nor grade any work they do submit because some students may not have access to technology to complete and submit their work. The district is, however, encouraging teachers to have contact with students’ families and create plans to welcome students back when schools reopen.

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Brickbat: School’s Out Forever

The School District of Philadelphia has barred teachers from providing remote instruction to students while schools are closed because of the coronavirus pandemic. School officials say teachers may not require students to do work nor grade any work they do submit because some students may not have access to technology to complete and submit their work. The district is, however, encouraging teachers to have contact with students’ families and create plans to welcome students back when schools reopen.

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France, Czechs, & Other US Allies Exit Iraq Over COVID-19 Fears

France, Czechs, & Other US Allies Exit Iraq Over COVID-19 Fears

The United States has shown itself willing to both keep up its ‘maximum pressure’ campaign on Iran and its proxies while riding roughshod over Iraqi sovereignty by remaining in the country even as Baghdad leaders and the broader population demand a final exit. 

But in another sign Europe is ready to divorce itself from US aims in the region, France has abruptly withdrawn its forces from the country after being there for five years. Interestingly the prime reason given was troop safety concerns over the coronavirus outbreak, but we imagine European leaders likely now see an opportunity to make a swift and easy exit without provoking the ire of their US counterparts.

International correspondents say this includes French withdrawal from six bases, with a small contingent of about 100 troops remaining in the country. The Czech Ministry of Defense also announced the exit of its forces Wednesday, which followed a large contingent of British forces leaving last week, also on fears of coronavirus exposure during the mission.

Macron visiting a military hospital in Mulhouse, France this week, via Reuters.

“British, French, Australian and Czech troops who were coaching Iraqi counterparts were being temporarily sent home as Baghdad had put a hold on training operations to prevent the spread of COVID-19,” reports the AFP this week.

All had been there to support coalition anti-ISIL operations led by Washington. But as the US mission to defeat the Islamic State has lately become less relevant given the demise of the terror group, Washington’s focus became Iranian influence inside Iraq – far beyond the original mission scope.

The US itself had been reportedly drawing down from certain bases, but is not expected to ultimately depart given the current high state of tensions with Iran-backed militias in the country.

But Iran and Iraq’s ‘counter-pressure’ campaign is only set to continue, as on Thursday two rockets slammed into the Iraqi capital’s high-security Green Zone early in the morning, in an incident that’s become almost a monthly occurrence. There were no reports of injuries.

Middle East regional correspondent and analyst Elijah Magnier observes of the rapid draw down: “Coronavirus is offering an opportunity for the world to detach itself from US dominance and reshuffle alliances.”

Indeed this will likely be the outcome in geopolitical hot spots and even economies around the globe.


Tyler Durden

Fri, 03/27/2020 – 04:15

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