Tuesday , May 26 2020
Home / Mish's Global Economic / “Guerre des Masques” the War of the Masks

“Guerre des Masques” the War of the Masks

Summary:
Jojo17 hrsHere in CA, the latest edict from our political/health overlords is that we can no longer bring reusable bags into stores. We have to accept their bags at 10-25 cents each (of which we do not know their providence or how safe they are)! Of course, the stores don't seem to have a problem taking our cash payment, which comes from outside the store and may be filthy with the virus. What's next, handing out booties at the door because the virus might be on our shoes? Making us wear gloves and hair nets? Even full ponchos? In the local Safeway store, traffic in the aisles is one direction only and they are supposed to maintain 2 cart distance between people. They have also installed red squares for people to stand on to maintain proper separation distance and only a limited

Topics:
Mike Shedlock considers the following as important:

This could be interesting, too:

Mike Shedlock writes Brazil Is the New Covid-19 Epicenter

Mike Shedlock writes The Economy Will Not Soon Return to Normal: Here’s Why

Mike Shedlock writes Airlines to Abandon Dozens of Regional Cities

Mike Shedlock writes 9% of All Mortgages are in COVID-19 Forbearance Plans

Jojo

Here in CA, the latest edict from our political/health overlords is that we can no longer bring reusable bags into stores. We have to accept their bags at 10-25 cents each (of which we do not know their providence or how safe they are)! Of course, the stores don't seem to have a problem taking our cash payment, which comes from outside the store and may be filthy with the virus.

What's next, handing out booties at the door because the virus might be on our shoes? Making us wear gloves and hair nets? Even full ponchos?

In the local Safeway store, traffic in the aisles is one direction only and they are supposed to maintain 2 cart distance between people. They have also installed red squares for people to stand on to maintain proper separation distance and only a limited number of people are allowed in the stores at any one time, leading to lines outside at every store (in the rain today). Local Costco store lines were over 1/4 mile long Saturday!

In another smaller grocery store I was at Saturday, I had to wait in line 20 minutes to be allowed in. They only allowed about 15 people in the whole store in an attempt to minimize people coming next to each other. Stores are going to lose so much revenue from this!

Last, our overseers have closed the most popular hiking trail in our country that normally got around 120k people per month on it (more since the economic closure and so many people out of work). Why? Because people were not maintaining their ordered separation distance! I feel like we are all in 5th grade again when someone gets caught chewing gum and the whole class gets punished.

If you want to know what a dictatorship or police state feels like, come visit San Mateo or San Francisco counties in CA.

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Leave a Reply

Your email address will not be published. Required fields are marked *