The cloud of great national purpose

[Bill Bonner’s Diary]( The Cloud of Great National Purpose By Bill Bonner [Bill Bonner] SAN MARTIN, ARGENTINA – “What have we learned from this Coronavirus shutdown?” asked a recent acquaintance, rhetorically. Then came the answer: “The importance of a good wine cellar and a bidet.” Recommended Link [On Wednesday, brace for an “aftershock” of the crash]( [image]( Put away your wallet and watch [this 3-minute emergency briefing](. It explains why Wednesday, April 22nd, could set the stage for one of the biggest and fastest investment gains of the year. But it’s purely informational. You will not be asked to buy anything. Instead, please enjoy this 3-minute briefing to tell you about an opportunity, coming this Wednesday, that appears once every 12 years in America. [Watch here to automatically receive the full details on Wednesday]( -- Clandestine Visit We met our new friends clandestinely, at the only hotel in the area. They are French, a psychiatrist and her neurologist husband. They arrived just as the country was shutting down and locking up. They were at the hotel when the stay-at-home order came down five weeks ago. They are still there. “The whole thing is unbelievable,” explained the shrink. “We were here on a visit. And then we couldn’t leave. “At first, we were quarantined in our room for 14 days. We weren’t allowed to leave the room. Then, the hotel closed. Everybody left. The manager, the maids, everybody. “But we had nowhere to go, all the flights had been cancelled. So they just left us in the hotel. Fortunately, they left us the keys to the wine cellar and the kitchen. “As for the bidet, we realized how important that was when we ran out of toilet paper.” We visited for a few minutes. Like plague survivors, we huddled alone in the hotel’s courtyard… fearful of being discovered by zombies. “Fortunately, or unfortunately, we have the internet,” the doctor continued. “I follow the news. I don’t know what is going on. It’s as if most of the world has gone crazy. Mon Dieu. It’s just a virus. It’s not The Plague. [Stunning Fact About the Top 2 Stocks During COVID-19 Crisis…]( “There are about a million people in this province, that is in a space about the size of Texas. But there are only three cases of the virus… all of them people who had just come from Spain. And none of them very serious. “And yet, they stop you from going to work… or even from going to restaurants or driving down the road to visit friends. “It’s crazy. A lot of these people are poor. They need to work to eat. And nobody’s life is going to be saved by these restrictions. Because there’s no virus here. It’s crazy. “But we’re okay. I’m used to working long hours in a hospital. Here, at least, I’m enjoying a rest. “And my wife’s been able to keep working. She gets together with her crazy patients via video conferencing… And her business is doing well. “Her patients are trapped in their houses and apartments… They’re getting crazier and crazier.” We could not visit for long. We arrived by a side entrance… and left the same way. But “crazier and crazier” seemed to sum up so much of what is going on today… Recommended Link [Stocks Falling? Do This Immediately]( [image]( Americans were living through one of the strongest economies in recent years. And yet, the stock market recently erased multiple year’s worth of gains. Americans lost millions. It's rumored that was just Act 1... As you’ll see at the end of an urgent public message just released online... What comes next will be a political and financial crisis. [Please click here]( -- Great National Purpose As time goes by, it becomes clearer and clearer that the C-virus is just a virus. It kills old people. For young people, it is much less of a threat than suicide or auto accidents. And yet, their world – their economy, their jobs, their social lives… all have been up-ended. Of course, not everybody minds. Some people feel a certain jubilation in the fight against the virus, as if they were in a real war. It gives their lives fake meaning. Gone are the real worries – about their jobs… about earning money… about getting along with sisters-in-law… settling their bar tabs… or moving their son out of the basement. All their real cares and concerns suddenly disappear in a cloud of Great National Purpose. [U.S. Government Pours $456 Million Into Tiny Niche of Tech Stocks?]( Now, they spend their hours getting mad at politicians for clamping down… or easing up. Or, they argue about “flattening the curve” or “herd immunity.” Is Mr. Trump doing a great job, as he says he is? Or is he the clueless clown that the liberal media describes? There’s even a word for it: lachesism. It is based on the French word lâcher which, as a verb, means to “give up” or “let go.” As a noun, it means “coward” or “shirker.” Now, with the virus all around us, many people have an excuse to lâcher and focus on something else entirely… something they have no control over. Meanwhile, things get crazier and crazier… Recommended Link [Trump Tower blueprint holds key to stock market riches]( [image]( Since 2016, Teeka Tiwari has trumped the stock market. His investment recommendations have averaged 154% per year. That’s 10 times the S&P. And 81 times the average investor, according to JP Morgan! However, one investment Teeka just uncovered could top them all… It involves President Trump, billions of dollars, several large banks, as well as Warren Buffett. As well as a MAJOR upgrade to our credit and debit cards. Teeka, who correctly picked the last two “investments of the decade,” is declaring this his top pick for the 2020s. [See Teeka’s top pick]( -- A Sane Person in a Nuthouse The U.S. budget deficit, for example, is already headed to $4 trillion this year. And yet, here comes another budget-buster to “top up” the aid package. Roll Call: Congressional leaders and the White House have an agreement in principle on a nearly $500 billion coronavirus relief package and are now working through the final details, Speaker Nancy Pelosi said Monday night. And here’s the Committee for Responsible Federal Budget on the Fed: On net, we estimate these measures total $1.7 trillion in economic support so far – including $1.2 trillion from expanding its holdings of Treasuries and mortgage-backed securities. The total measures the Federal Reserve has announced it will allow itself to undertake could total as much as $9.2 trillion, or potentially more, if continued at current purchase limits through May 31. Federal Reserve actions have no direct impact on the federal budget deficit. And just to make sure nobody gets in the way of their spending lollapalooza, the swamp denizens are out to eliminate the only member of Congress who stood in their way. The New York Times: House Republicans Take Aim at Thomas Massie After Stimulus Vote Mr. Massie dared to make the totally un-crazy suggestion that if the people’s representatives were going to spend the equivalent of 10% of GDP… money the Fed doesn’t have, by the way… at least they should go on record, yea or nay. Gotta get rid of him immediately, say Republican fixers. The last thing you want in a nuthouse is a sane person. He makes the inmates feel… well… crazy. Stay tuned… Regards, [signature] Bill P.S. What’s next? What changes are coming… to our government… our society… our economy? And what should you do with your money NOW? Along with colleagues Dan Denning and Tom Dyson, we set out to answer those questions. We put together a full report – After Armageddon – along with a Crisis Portfolio to guide you through these dangerous times. Don’t miss it. [Learn more here](. Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com. Note From the Publisher You’ll notice a kind of “cosmetic” change in your Diary subscription. Don’t worry. You’ll still get absolutely everything you get right now. But going forward, Bonner & Partners will be called “Rogue Economics.” Longtime readers will recognize the idea of rogue economics… Bill launched the Diary of a Rogue Economist in 2013, to just a few thousand subscribers, when he formed his own boutique publishing business. Over the last seven years, his daily diaries (which became Bill Bonner’s Diary in 2015) have reached millions of readers. And his small, niche business has grown into one of the largest and most successful publishers in the industry. As part of that growth, we’ve introduced new voices… Diary readers regularly hear from tech expert Jeff Brown, world-traveler Tom Dyson, famed speculator and “anarcho-capitalist” Doug Casey, crypto guru Teeka Tiwari, longtime trader Jeff Clark, commodity analyst Dave Forest, and many others… In other words, we’ve been sharing more than just Bill’s ideas. And it’s time for our name to reflect that. Otherwise, nothing will change. You’ll still find Bill – his stories, insights, and wisdom – where you always have. It’ll just have a slightly different look. And you can expect more unique ideas from other big thinkers in our pages. Best regards, [signature] Amber Lee Mason Publisher P.S. As always, let us know what you think – good or bad. You can now write us at: feedback@rogueeconomics.commailto:feedback@bonnerandpartners.com. - FEATURED READS [Who Will Be the Winners in a Post-Pandemic Economy?]( There are only a few sectors that have the chance to thrive during and after life in a lockdown world. Which ones are they? Read on to find out… [Doug Casey on the Consequences of COVID-19]( Bill’s longtime friend and colleague Doug Casey believes the COVID-19 pandemic is an overblown, manufactured crisis. These are his thoughts on the social and political consequences of the ordeal… MAILBAG Dear Readers share their thoughts on Monday’s Diary, “[It’s Capitalism on the Way Up... Cronyism on the Way Down](... As a small businessman with four people, myself included, depending on sales as concessionaires, and supplemented by substitute teaching, at this time there appears to be no way for my business to survive. Yes, I’ve made my mistakes. I’ve managed to survive them despite myself. Now, I am ineligible for unemployment, have three very good employees out of work and with apparently no hope of finding anything soon. It appears there will be no compensation in any form. This time it is not my errors that caused the problems. Actually, it is not the natural evolution of viral infections, either. It is a public fear of the inevitable that conflicts with society’s hubris about controlling everything. Fanned by media public sentiment, we have bought into the idea that government is the end all be all of protection. It ain’t so. I figure my fate, and business, is kaput. Life comes and goes. Capitalism is only as good as those who cherish and practice it. In some ways, accepting my future is as much about capitalism as it is about the socialistic cronyism you discussed. It’s funny how socialistic cronyism is a foundation to capitalism. It’s who you know, and, apparently, I don’t know anything. Oh, well. – Steve M. My daughter, a registered nurse in a pediatric critical care unit in Alaska, says in normal times during flu season, most patients come from the anti-vaxxer groups, adding up costs better served elsewhere (had vaccines been administered). All the number-juggling in regard to “normal” flu season compared to the coronavirus are just that, numbers. Here are the “numbers” I consider most important: The normal flu kills 30,000+ Americans annually – or so the numbers say. The coronavirus has killed 40,000+ Americans and counting, in barely a month. That number is screaming at us. What is everyone out there hearing? – Wayne J. While another Dear Reader thanks Bill for his views in “[A Nation of Poltroons](... Thank you Bill and colleagues for exposing the real nature of this crisis. I decided, thanks to your analysis two years ago, to convert my superannuation fund from stocks to cash, which I thankfully still have. This crash was long overdue. Now it's like a third world war, only instead of the enemy being a virus as most seem to think, it is a war being waged by governments everywhere against the people who elected them. Only here and there does one encounter resistance. Poltroons indeed. –Martin F. IN CASE YOU MISSED IT… [U.S. Gov’t Puts $456 Million Into Tiny…]( Did you know… In the crash of ‘08, one tiny niche of the market rose up to 382%? And during the panic of COVID-19, the top 2 stocks (out of ALL 500 S&P stocks) came from the same place? It’s true! [The secret is what Jeff Brown, known to many as Silicon Valley’s top angel investor, calls “Penny IPOs”…]( These are tiny early-stage stocks that go public almost every week. And—according to Forbes—President Trump recently pumped $456 million into their corner of the market. And even Bill Gates and Jeff Bezos are investing BIG! [In fact, Bezos put $134 million into a similar type of company… and his stake grew as much as 6,206%!]( Gains like these are rare. And this is an explosive story… But Jeff Brown just found 3 “Penny IPOs” you can buy today for dirt-cheap. And without having to be a millionaire accredited investor! [See His Top 3 Penny IPOs (Click here for full details…)]( [image]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [How You Can Start Profiting From Maganomics]( [image]( [How to Make A Fortune From Legal Cannabis]( [image]( [The Gold Investor’s Guide]( [Bonner and Partners]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. 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