Consequences: Is the Cure Worse Than the Disease? (16)

What’s another 3+ million unemployed? We’re up to 30+ million in six weeks. The nightly litany:

Over 30 Million Americans Have Lost Their Jobs In The Last Six  Weeks

‘Expect MASSIVE protests’? Gavin Newsome catches heat ahead of expected beach closures in California.

Oklahoma Urges Trump To Declare COVID-19 An “Act Of God” To Help Oil Industry | Zero Hedge

President Trump Readies Bailout For Nation’s Food Suppliers | Zero Hedge

Third Major Transfer From The Middle Class To The Wealthy In 20 Years | Zero Hedge

Biggest European Banks Brace For Default Tsunami As Loan Losses Soar | Zero Hedge

ECB Intensifies Crisis Response With New Loans After GDP Crash – Bloomberg

Virus Lockdowns Smash German Jobs, Lead To Record Drop In Eurozone Economy | Zero Hedge

Beef Prices Soar To Record High As Meatpacking Plants Shutter | Zero Hedge

UK Study Shows 18,000 Extra Cancer Deaths Possible Within A Year Due To COVID-19 Focus | Zero Hedge

Portland To Ban Cars On 100 Miles Of Roadway To Promote Safe Distancing | Zero Hedge

Watch: ‘Underground Hazard’ Exposed As NYC Homeless Fill Up Subway Cars Amid Pandemic | Zero Hedge

‘War On Cash’ Is Kicking Into Overdrive | Zero Hedge

Majority Of Canadians Think COVID-19 Vaccine Should be Mandatory, New Poll Shows | Zero Hedge

The Paycheck Protection Program: Paying People Not To Work? | Zero Hedge

In California, New York, & Other Big States, Multi-Stage “Reopenings” Will Take Many Months To Fully Play Out | Zero Hedge

Saks Fifth Avenue Is Latest Mall Anchor To Prepare For Bankruptcy Filing | Zero Hedge

Powell: “Now Is Not The Time To Be Concerned About Debt” | Zero Hedge

Hertz Bankruptcy Imminent After Massive Layoffs, Missed Lease Payment | Zero Hedge

Recession Begins: Q1 GDP Plunges 4.8%, Biggest Drop Since The Financial Crisis | Zero Hedge

Pending Home Sales Plummet By Record In March, Lowest Level Since 2011 | Zero Hedge

Food Lines a Mile Long in America’s Second-Wealthiest State – DNyuz

Eurozone Economy Suffers Record Contraction, Steeper Than U.S. – WSJ

In lockdown, ‘desperate’ Swiss turn to snooping and snitching – Reuters

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