Member Info for mattwales

its like its stage managed by governments to max an economic crash

https://www.bloomberg.com/news/articles/2020-03-11/a-tsunami-of-25-a-barrel-saudi-arabian-oil-is-headed-for-europe?srnd=premium-Europe

while trump banks all travel to Europe....except uk for a month.

https://www.bloomberg.com/news/articles/2020-03-11/a-tsunami-of-25-a-barrel-saudi-arabian-oil-is-headed-for-europe?srnd=premium-europe

it gets worse than that Saudi Arabia dumps $25 in Europe

https://www.bloomberg.com/news/articles/2020-03-11/a-tsunami-of-25-a-barrel-saudi-arabian-oil-is-headed-for-europe?srnd=premium-europe

if they have the same numbers as United they are bust without an urgent rights issue

https://www.independent.co.uk/news/world/americas/us-politics/coronavirus-us-travel-ban-trump-europe-travel-uk-speech-countries-latest-a9396086.html

Trump bans intl travel to Europe except uk.

However, look at United airlines intl figures down 100PCT (inc cancellations).
Revenue is expecting to be down 70% in April.

https://onemileatatime.com/united-airlines-domestic-bookings-down-70/

Trump bans intl travel to Europe except uk.

However, look at United airlines intl figures down 100PCT (inc cancellations).
Revenue is expecting to be down 70% in April.

https://onemileatatime.com/united-airlines-domestic-bookings-down-70/

Trump bans intl travel to Europe except uk.

However, look at United airlines intl figures down 100PCT (inc cancellations).
Revenue is expecting to be down 70% in April.

https://onemileatatime.com/united-airlines-domestic-bookings-down-70/

Trump bans intl travel to Europe except uk.

However, look at United airlines intl figures down 100PCT (inc cancellations).
Revenue is expecting to be down 70% in April.

https://onemileatatime.com/united-airlines-domestic-bookings-down-70/

dow now up 1000 points on stimulus hopes

mayhem

https://www.adn.com/alaska-news/2020/03/10/the-us-government-just-warned-people-not-to-travel-on-cruise-ships-because-of-coronavirus-what-does-that-mean-for-alaska/

minerals will go to the moon if this happens

https://www.theaustralian.com.au/nation/pandemic-threat-very-real-says-who-as-wall-st-dives/news-story/2a5d290c00399ef8d6ddddbb484668b8

Australia talking about a lockdown there.

cash down from over £600m to £120m and negative cash freeflow of over £200m is telling u its needs cash.

after 9/11 this fell around 90%. right now we have mass panic in everything.

even commodity shares have dived 30% when commodities havent taken any real hit.

its like we have 9/11 and the 2007/2008 crisis combined right now and why bonds yields are dropping so high

30 year bond yields just inverted the feds rate it means we're heading now for a liquidity crisis repeating 2007/2008.

expect fed to slash rates all those scrambling saying it wont happen look at 2007/2008.

they are going to need to raise cash.$500m wont get them to anything close what they will need to ride out the demand shock.

The good news with fuel falling (and it should fall a heap more yet) for anyone that loves cruises massive discounts within weeks imho.

bondholders can and do call in debt whenever they feel their risk exposure is too high.

Some result in debt for equity swaps others go into administration .

this is the time to save and throw in a lot of money when the bottom has reached.

9/11 wiped 35% off the dow, 2008 wiped off 52.4%.

I think we will have a similar market crash.