Could safaricom be coming back to the stage I didn't board 3 years ago. 15 and I'm in

Very likely to happen now that we have 3 cases and all schools closed officially

As will the amount of data and phone calls.

Dow futures dump 1000 points as does the Nikkei. Dax futures down 500 points. It should be a particularly red day for the MIB when the European session kicks off. Will Schengen hold? The agreement may not see light of day when this crisis is over. Fed cuts FFR by 100bps points ahead of schedule in an attempt to stem the bleeding. Not looking good as spreads widen for treasuries and cross currency swaps. Full blown dollar liquidity crisis.

CBs have shown up with a knife to a gunfight...tough luck.

CBs are chasing the wind here. Buying of stocks is neither here nor there in the grand scheme of things. You can't manufacture a bull market out of thin air or much less so an economic recovery. BoJ has been at it for 20 years with various QE programs yet the Nikkei is more than 50% off its highs. The Japanese economy has been in comatose/collapsing and is literally way worse off than when QE started. The cycle must run to its completion as the market always wins in the end.

The real crisis is what occurs on main street in the form of job layoffs, bankruptcies, deleveraging, credit seize ups etc. Yellen once had the audacity to proclaim that we would never see another recession in our lifetimes. It is simply jaw dropping how much they believed the Keynesian (abenomics) hype about stimulating the economy.

Red board for Asia as it comes to a close. Leading the pack was the ASX which tanked 9.7%. European session about to open as does the NSE. Dow futures trading triggered circuit breakers earlier.

A new start is needed even though its painful.This era of central banks just creating fiat from nothing to give to their buddies to buy assets then the lower classes get the fiat last when its already inflated is a corrupt system that benefits only the 1% and is responsible for the large wealth disparity in the world.The nefarious nature of central banking was known in prior centuries and was fought bitterly.Part of the reason of the American revolution in the 1770s to 1790s was to fight against the European central banking establishment that wanted to setup a US central bank and choke the masses under debt.Not known to many is that money is created from debt.The narrative that banks create loans from customer deposits is not entirely true.Banks create money from nothing and lend it out at interest which is sick.Just research on the fractional reserve banking concept it will blow your mind away.US has had 3 central banks.The first was setup in 1791 and scrapped in 1811 when it was realized its creating inflation and debt and just enriching the elites.The establishment then setup a second central bank in 1816 and was disbanded in 1836 after a titanic struggle between then US President Andrew Jackson vs the banking cartel and he disbanded it and paid off all debt owed to that central bank.



Then the Fed was formed in 1913 and has debased the US dollar by 97% since then with its money printing shenanigans to benefit the elites.



Inflation that we are used to as normal is an abnormality created by central banks.In a non central bank dispensation like a gold standard,money value stays static or even appreciates in value over time which is good to maintain the purchasing power for all.By the way the Fed isnt owned by government but owned by member banks like JP Morgan,Citigroup among others and is quasi government-private bankers outfit.The member banks make policy of where interest rates should be and how much money they can print for their own benefit and screw the masses like during the housing bubble where the banks got bailed out and the masses lost massively with their houses being repossessed by the banks.Why didnt they bail out the masses also??