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Page added on March 8, 2020
Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices
With the commodity world still smarting from the Nov 2014 Saudi decision to (temporarily) break apart OPEC, and flood the market with oil in (failed) hopes of crushing US shale producers (who survived thanks to generous banks extending loan terms and even more generous buyers of junk bonds), which nonetheless resulted in a painful manufacturing recession as the price of Brent cratered as low as the mid-$20’s in late 2015/early 2016, on Saturday, Saudi Arabia launched its second scorched earth, or rather scorched oil campaign in 6 years. And this time there will be blood.
Following Friday’s shocking collapse of OPEC+, when Russia and Riyadh were unable to reach an agreement during the OPEC+ summit in Vienna which was seeking up to 1.5 million b/d in further oil production cuts, on Saturday Saudi Arabia kick started what Bloomberg called an all-out oil war, slashing official pricing for its crude and making the deepest cuts in at least 20 years on its main grades, in an effort to push as many barrels into the market as possible.
In the first major marketing decision since the meeting, the Saudi state producer Aramco, which successfully IPOed just before the price of oil cratered…
… launched unprecedented discounts and cut its April pricing for crude sales to Asia by $4-$6 a barrel and to the U.S. by a whopping $7 a barrel in attempts to steal market share from 3rd party sources, according to a copy of the announcement seen by Bloomberg. In the most significant move, Aramco widened the discount for its flagship Arab Light crude to refiners in north-west Europe by a hefty $8 a barrel, offering it at $10.25 a barrel under the Brent benchmark. In contrast, Urals, the Russian flagship crude blend, trades at a discount of about $2 a barrel under Brent. Traders said the Saudi move was a direct attack at the ability of Russian companies to sell crude in Europe.
Confirming the obvious, Iman Nasseri, managing director for the Middle East at oil consultant FGE said “Saudi Arabia is now really going into a full price war.”
The draconian cuts in monthly pricing by state prouder Saudi Aramco are the first and clearest indication of how the Saudis will respond to the break up of the alliance between OPEC and Russia, which as we noted earlier, dumped MbS on Friday in a stunning reversal within OPEC+. Talks in Vienna ended in dramatic failure on Friday as Saudi Arabia’s gamble to get Russia to agree to a prolonged and deeper cut failed to pay off.
And the second indication that the OPEC oil cartel is now effectively dead, came a few hours later when Bloomberg again reported that in addition to huge price cuts, Saudi Arabia was set to flood the market with a glut of oil to steal market share and capitalize on its just announced massive price cuts as the kingdom plans to increase oil output next month, going well above 10 million barrels a day.
In addition to slashing prices, Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record of 12 million barrels a day, according to Bloomberg sources.
But before hitting a stunning 12mmb/d, Saudi production will first rise above 10 million barrels a day in April, from about 9.7 millions a day this month: “That’s the oil market equivalent of a declaration of war,” an unnamed commodities hedge fund manager said.
Meanwhile, as Bloomberg correctly notes, “with demand being ravaged by the coronavirus outbreak, opening the taps like that would throw oil market into chaos.”
According to preliminary estimates, with Brent trading at $45, a flood of Saudi supply as demand is in freefall, could send oil into the $20s if not teens, in a shock move lower as speculators puke on long positions in what Goldman calls periodically a “negative convexity” event.
Oil traders are looking to historical charts for an indication of how low prices could go. One potential target is $27.10 a barrel, reached in 2016 during the last price war. But some believe the market could go even lower.
What is the logic behind the Saudi decision?
According to one take, the shock-and-awe Saudi strategy could be an attempt to impose maximum pain in the quickest possible way to both Russia and other producers, most notably shale, in an effort to bring them back to the negotiating table, and then quickly reverse the production surge and start cutting output if a deal is achieved.
While that’s certainly possible, it has already been tried once – back in 2014/2015 – and the result was humiliation for Riyadh as not only shale came out stronger, but Russia had no problems absorbing the lower prices. Instead, the most likely outcome is that Russia will be able to withstand a shock price far longer than Saudi Arabia, which has budgeted for a Brent price of $58/b for 2020 (which would lead to a 6.4% budget deficit). A realized price which is roughly half that – should the Saudi strategy work out as planned – would lead to social unrest and government turmoil in Saudi Arabia, and may explain why earlier today Saudi crown prince MbS launched another crackdown on dozens of royals and army officers following the arrest of powerful princes, who may compete for the throne once the public mood in Saudi Arabia turns nasty in the coming weeks.
Could the price drop even lower now? Yes: back then there was no coronavirus pandemic destroying global oil demand.
One final point: with 10Y Breakevens driven almost entirely by the price of oil…
… once Brent craters on Monday to the mid-$30s or lower, the accompanying implosion in 10Y yields could make the record plunge in yields seen on Friday a dress rehearsal for what could be the biggest VaR shock of all time. And since QE will only send yields even lower, perhaps it’s time for the Fed to add oil futures to stocks among the expanded securities it plans on purchasing as part of QE-5 to avert the next deflationary crisis which may have just started.
208 Comments on "Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices"
I AM THE MOB on Tue, 10th Mar 2020 12:51 pm
So much for the rise of Asia and the new silk road.
We have them by the balls now. And Europe and Russia can fuck around and find out if they bend the knee to US!
world grater supremacist muzzies bag day feb12021 on Tue, 10th Mar 2020 12:52 pm
see what happens when whitey supertard fired navy commander richard spencer who is expert at muzzie burial at sea but it’s not a muzie
The following are not muzzies:
In a statement, IS said two brothers had targeted a “gathering of apostates” with machine guns and grenades.
The gunmen inflicted devastating carnage at the crowded event in west Kabul, killing 32 people and wounding 58 others, health ministry spokesman Wahidullah Mayar told AFP.
our navy so weak we don’t have any expert of muzzie burial at sea as muzzies but theyre not muzzies. if we are strong we drop in and retrieve dead muzzies to bury muzzies at sea
world grater supremacist muzie love for the love of supremacist muzzies assn on Tue, 10th Mar 2020 12:55 pm
the following are not muzzies. these things didn’t happen in first world until supremacist muzies move in but they’re not muzzies, nope.
On This Day…
Mar 10, 2006: Birmingham, UK
A 6-year-old girl is killed when her house is
torched during an attempted honor killing: 1 Killed
/ht supertard glenn roberts thereligionofpeace
world grater supremacist muzzies love for the sake of supremacist muzzies assn on Tue, 10th Mar 2020 12:58 pm
the following are not supremacist muzzies, nope
It’s not exactly breaking news that immigrants, particularly third world immigrants, are vastly overrepresented in Western Europe crime statistics. What hasn’t been seen, up until lately is that prisons that are filled primarily with Muslim inmates.
just deploy muzzie anti rape machine, muzzie amputation machine, muzzie hamster machine
get it done
Abraham van Helsing on Tue, 10th Mar 2020 1:10 pm
Why are Asian young males so vulnerable to Corona?
BECAUSE THEY SMOKE SO MUCH!
https://www.drbrownstein.com/coronavirus-vi:-why-covid-19-is-more-deadly-to-the-chinese/
“Which population of people would be more prone to having ACE 2 receptors elevated in the lungs? Cigarette smokers would. In China, smoking is at a markedly higher rate than it is here. In fact, there are estimates that over 350 million Chinese are cigarette smokers. (3) This accounts for over a third of the world’s smokers. When you factor in the increased levels of pollution which may do the same thing, this would result in a higher death rate from a COVID-19 infection in China as compared to the US.
In China, 60% of males smoke while only 4% of females do. COVID-19 has been reported to be more deadly in males from the information coming out of China. In America, less than 20% currently smoke cigarettes. That includes about 16% of men and 12% of women. Currently, 34 million Americans smoke cigarettes. These numbers have been declining for decades.
This should give reassurance to non-smokers. For those who smoke, here is another reason to stop.“
JuanP on Tue, 10th Mar 2020 1:24 pm
Cloggie, does smoking pot count? I like a one hit a few times a day. Some times I vape hash oil.
Davy on Tue, 10th Mar 2020 1:31 pm
What about crystal meth? Will that give you Coronavid-19 if you are a fairly frequent user? I am just asking for friend of mine who worried and wanted to know if there was anything to the rumor.
juanP on Tue, 10th Mar 2020 1:48 pm
Crystal meth is great. It knocks Coronavid-19 out cold if you are a fairly frequent user like me? I am just asking for friend of mine who worried I am looking ragged lately and wanted to know if there was anything to the rumor I am a drug addict.
world grater supremacist muzzies bag day feb12021 on Tue, 10th Mar 2020 2:15 pm
grate news for supremacist muzzies
caliph erdogan has new drones which is very effective
REAL Green on Tue, 10th Mar 2020 2:37 pm
Whats vape hash oil mean Davy?
I AM THE MOB on Tue, 10th Mar 2020 2:45 pm
Conspiracy theorist Alex Jones charged with DWI in Travis Co., authorities say
https://www.statesman.com/news/20200310/conspiracy-theorist-alex-jones-charged-with-dwi-in-travis-co-authorities-say?fbclid=IwAR028qXrhXW4YjiT4QnlGTV3V3FEKVvBOqviV1vQu79Ldjy7noh_NnmoR-s
Abraham van Helsing on Tue, 10th Mar 2020 3:11 pm
German television now: the world is exagerating the Corona threat. In China or Korea the peak has already passed with only 3000 dead.
Come on.
JuanPee on Tue, 10th Mar 2020 3:13 pm
“Whats vape hash oil mean Davy”
Ask JuanP stupid he is the drugger
Abraham van Helsing on Tue, 10th Mar 2020 3:16 pm
“According to a post Tuesday on Infowars, Jones “admitted to drinking a small amount of sake at a Japanese restaurant hours before with his wife” and claimed he was pulled over for driving 45 mph in a 40-mph zone. The Infowars article also claimed Jones was “cleared” of the DWI charge by “blowing less than a 0.08,” a claim the Travis County Sheriff’s Office could not corroborate.“
https://variety.com/2020/digital/news/alex-jones-arrested-dwi-1203529198/
Storm in a glass of water.
JuanP on Tue, 10th Mar 2020 3:20 pm
“Conspiracy theorist Alex Jones charged with DWI in Travis Co., authorities say“
Bullshit MOB, you are nothing but fake news liberal fool. Prove it! Besides this probably was a liberal hit job like they have done with my buddy Trump.
REAL Green on Tue, 10th Mar 2020 4:00 pm
We all no were JuanP Davy.
Were not fooling anybody but ourselfs.
REAL Green on Tue, 10th Mar 2020 4:19 pm
MOBs write again Davy.
https://tinyurl.com/tjsvhoa CBS News
makati1 on Tue, 10th Mar 2020 5:19 pm
MOB, your Davy Sinophobia is showing. Asia, the New Silk Road, etc, will continue on just fine. It is the indebted Amerika that you will see fail. The US shutdowns are just beginning.
COVID-19 is just getting started outside of Asia. When the Amerikans actually start testing there will be many thousands infected and many more deaths than previously recorded. If you don’t test, you have no idea how rampant the new flu is. Denial by omission does not stop the virus. It only allows it to spread undetected.
Throw in the new oil wars and the end of fraking is near. Oops! Amerika becomes a major oil importer again. That is, if they need any when the economy falls apart.
BTW: I’m sure China will love cheap oil. The price of gas here in the Philippines is already dropping.
It hit 90F here yesterday! It is going to be a “warm” summer in many ways.
makati1 on Tue, 10th Mar 2020 5:29 pm
“Will Vlad join Xi as “Emperor for Life”… and will Trump be jealous?”
https://www.zerohedge.com/geopolitical/vladimir-putin-stay-president-mps-discuss-removal-term-limits
That made me laugh. A nice way to start the day. Trump Prez for life? LMAO!
Duncan Idaho on Tue, 10th Mar 2020 5:56 pm
Mystery deepens over animal source of coronavirus
https://www.nature.com/articles/d41586-020-00548-w?utm_source=Nature+Briefing&utm_campaign=dbbbcf30e8-briefing-dy-20200310&utm_medium=email&utm_term=0_c9dfd39373-dbbbcf30e8-42316671
makati1 on Tue, 10th Mar 2020 6:15 pm
Me thinks the “source” was a US bio-lab and the “animal” was a CIA agent. Bio warfare is not new to the US. Maybe we will never know, but if it was the CIA, it looks like it may have boomeranged.
Or it could be from one of Bill Gates’ labs. After all, he wants to reduce the world population and bring on the One World Government. Hmm?
Duncan Idaho on Tue, 10th Mar 2020 6:21 pm
Maybe we will never know
I hang out with virologists. They say it is impossible to have been manmade. (for numerous reasons)
But science and reality convince few.
makati1 on Tue, 10th Mar 2020 6:42 pm
Duncan, would they even admit it was possible if it drew attention to their business/career? I think not. Denial is rampant in today’s world. Especially to cover asses doing illegal things. See the US government for example.
If man can see the virus, test it, and make a vaccine, they certainly can make a new virus. My year of biology at Dickinson College, some 57 years, ago was taught by a microbiologist. We learned what was possible even then. In 57 years, I am sure they can do much more.
Davy on Tue, 10th Mar 2020 6:51 pm
“I hang out with virologists. They say it is impossible to have been manmade. (for numerous reasons) But science and reality convince few.”
Idaho is full of shit just like makato. Viruses can be adapted to be more virulent, dummy. This is what the Chinese were playing with and it escaped. Now the world has Asia to thank for this deadly virus. makato is just whining because events are not going according to plans. If this virus would have been an American invention the dumbass would have been all over how bad it is but since it is Asia sourced he downplays it. Makato is a fraud and a liar. Idaho is the same way but Idaho’s problem is he hates Americans and especially Trump people.
Davy on Tue, 10th Mar 2020 6:54 pm
“My year of biology at Dickinson College, some 57 years, ago was taught by a microbiologist.”
makato, you might add you didn’t make it more than a year but that is better than juanPee who dropped out of high school. You guys belong together. Two fools who couldn’t finish school.
Duncan Idaho on Tue, 10th Mar 2020 7:13 pm
Duncan, would they even admit it was possible if it drew attention to their business/career?
Several are retired academics– they could care less.
They value science.
Davy on Tue, 10th Mar 2020 7:20 pm
“Several are retired academics– they could care less. They value science.”
Sure they do Idaho. LOL. Academics value their easy money tenure. The liberal academics are pickpockets robbing America blind and corrupting the young with snowflake bullshit. Most of your crowd generally hate America, Idaho. You are one of the most hateful Americans around and a deranged lunatic.
REAL Green on Tue, 10th Mar 2020 8:49 pm
Can we please stop spreading fake MSM disinformation Davy. And go see the docter.
I AM THE MOB on Tue, 10th Mar 2020 10:28 pm
Clogg
You aint seen nothing yet cocksucker. If you think Coronavirus is bad. Just wait till we pull the next rabbit out of our ole felt hat.
It’s either them or us. LIVE FREE OR DIE!
Abraham van Helsing on Wed, 11th Mar 2020 12:44 am
Bernie Sanders is the end of America, the most hated country in the world:
https://youtu.be/0QtM6A__FF0
“You aint seen nothing yet cocksucker. If you think Coronavirus is bad. Just wait till we pull the next rabbit out of our ole felt hat.”
Toxic sadistic Americans like you and that pos dave need to be taken out by torture by the rest of the world.
https://www.independent.co.uk/news/world/europe/putin-presidential-term-limit-2024-next-russia-president-a9391131.html
“Putin ‘agrees’ to reset term limits — and extend his presidency to 2036”
Haha, 16 years of more humiliating american natural born losers, like in Afghanistan, Iraq, Syria, Vietnam, Somalia, Lebanon. Not that americans have 16 years. More like somewhere between 1-5 years. And then it will fall apart, like the USSR, from one day to the next.
Abraham van Helsing on Wed, 11th Mar 2020 1:06 am
US virus cases doubled in three days.
https://edition.cnn.com/
The US has reached 1,000 cases: Washington is still the hardest-hit state, but New York and California aren’t too far behind, and Massachusetts is now nearing 100 cases. Many states have declared states of emergency, and universities nationwide are closing early or conducting online classes.
“There has been an uptick in testing nationwide in recent days, according to the US Centers for Disease Control and Prevention. A lack of available testing has led to frustration of state and local officials, and there has been confusion over the number of testing kits that have been mailed out.“
The US is not going to escape. In contrast to real countries, in the US only the rich can expect proper treatment.
https://www.dailymail.co.uk/news/article-8095485/Will-America-locked-two-weeks.html
“America will be in lockdown like Italy in less than two weeks, computer scientist claims: Worrying graph shows how coronavirus cases in the US are growing – as Surgeon General warns the epidemic will get ‘worse before it gets better’“
Davy on Wed, 11th Mar 2020 4:47 am
“US virus cases doubled in three days”
We are just following Asia and Europe, cloggo. This is really going to put the hurt on your golden decade BS. You love to do the USdown shit and avoid talking about how bad it is around you. Typical of the shit on this forum with you, makato, and juanPee
Davy on Wed, 11th Mar 2020 4:51 am
“Haha, 16 years of more humiliating american natural born losers, like in Afghanistan, Iraq, Syria, Vietnam, Somalia, Lebanon. Not that americans have 16 years. More like somewhere between 1-5 years. And then it will fall apart, like the USSR, from one day to the next.”
stupid, I thought you said the US was coming apart now? as we speak. Now it is 1-5 years out. That is what people say when they are hoping instead of understanding. They call it the 1-5 retardation.
Davy on Wed, 11th Mar 2020 5:44 am
“Double Whammy Of Shocks Plagues Companies Across World As Virus Spreads”
https://tinyurl.com/st7dg5s zero hedge
“We’ve laid out four scenarios of how the virus impact could affect the global economy. At the moment it appears scenario four could be playing out, indicating a massive economic shock could tilt the world into recession. Global growth rates could be headed to zero on the year with a $2.7 trillion hit in global output. Business travel across the world has crashed. Big tech firms, including Amazon, Google, Apple, Microsoft, and others, have restricted employees from traveling overseas. Many of these employees are being sent home for the next month. Similar restrictions are being seen with major US banks. As a result of reduced travel by corporate America and consumers as a whole, the travel industry is headed for a crash, which means airlines, hotels, restaurants, cruise ships, and casinos are going to see a sharp decline in traffic for the next several months…Andrew Shoyer, a former US trade official who is a partner at the law firm Sidley Austin, said the “small and medium-sized enterprise will get hurt the most and the soonest.” He noted larger companies are more flexible with larger stockpiles of goods and can easily switch suppliers…And to make matters worse for companies already suffering from supply shocks, the next shock could be a demand one. The director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, recommended all baby boomers on Sunday to avoid travel and large crowds in the US. This would effectively mean that one of the wealthiest generations could be removed from spending money in the economy as the virus outbreak worsens in the weeks ahead.”
Davy on Wed, 11th Mar 2020 5:45 am
This is the real black swan talked about for years because it is a double whammy of natural and financial shocks. This is on top of a bubble in financial markets and a decay of value chains from trade tensions. This can likely be called the “recession” for years to come where 08 was a crisis. 08 was the one that got papered over for 10 years with repression and easing and now those debts and new ones will come due. The difference these days is economies are now managed. Price discovery skewed and investor’s ability to react limited to following the herd. You try to play the market and you are at the casino and might get crushed. If you wait for the central banks to shore things up you don’t get hurt so bad. Financially the world is now in the hands of a few of the very rich and central banks. This is now a digital financial world. Unfunded liabilities that are the safety nets of civilization will be further damaged but they will likely be bailed out. The problem is sooner or later a a real hair cut not just a digital one is inevitable so people will be poorer. It is doubtful markets will make this up so dead fish will be exposed.
The reason a recession will happen this time is the double whammy. Supply and demand are being shocked along with confidence. Confidence is being shaken with activity and mentally with decisions to invest. Economic segments of the economy jolted into depression. Travel and leisure will be hammered for at least a season. This will be long enough to damage the industry. Jobs will never come back. The airlines will suffer similarly and plane makers. This will knock on to other segments because it means a loss of systematic activity. That is just the physics of a recession. Retail is already in a depression. Healthcare will be stressed by this virus because of losses for unpaid activity related to a natural disaster this virus represents. You can go on and on with this because it is a ripple effect.
What is different this time is demand decline can be managed through modern macro management practiced by central banks. This does not mean it will make everything ok like 08 because this just adds to forces of an unstoppable decline. Real growth and productivity were already suffering diminishing returns problems from this macro financial management. This is especially true in China that has been the growth engine post 08. Where this will head is further decay in the form of abandonment, dysfunction, and irrational behavior. The optimism of this if you can claim optimism in a bad situation, is based upon the cleansing a recession does. It is also the case that the other whammy of the human health crisis might shock behavior towards more localism and less globalism.
It is clear globalism has gone too far. The question is can a decline from the lofty peaks of a globalism high be manageable. There will not be another China modernization to propel growth. The BRI is a joke and dead. I think stability will be reached but it is still a stair step down because globalism means production and production means wealth so reducing globalism is reducing real wealth. There is no other outcome but lower growth and the destructive change that brings to a world in overshoot. This means everyone will be poorer and for some this will break them. There were already people marginalized. The rich will shake this off because they have room to decline. They will have made money going down and once things stabilize, they will buy low and the game will continue. Since this is all a Ponzi the real health of economies will suffer with the fantasy economy showing stabilization of sorts. The financial games will paper over all this yet again but each succeeding time only so much. What else can be done. This is a new world order of decline. The damage will be done but hopefully the health benefits of a recession will have some positives but the long-term trend is down with pain and suffering.
I AM THE MOB on Wed, 11th Mar 2020 6:34 am
Clog
Wait till we put that Russian bitch on ice. And Europe is on the brink of collapse. Just ask that Tranny who runs your central bank.
How is everything in Italy one of your strongest members?
LOL
Abraham van Helsing on Wed, 11th Mar 2020 7:07 am
“Wait till we put that Russian bitch on ice.”
Sure, not even Africans you can defeat, you’re THAT weak:
https://www.youtube.com/watch?v=KWbQlSxQKWk
“How is everything in Italy one of your strongest members?”
168 deaths in Italy, only old, sick people. Good news for pension funds.
Your point?
Abraham van Helsing on Wed, 11th Mar 2020 7:10 am
US white nationalist and paleo-con CW2 coalition coming up:
https://www.youtube.com/watch?v=Qlt7kN8SnxY
https://peakfuture.files.wordpress.com/2015/09/wmbh_012.jpg
LOL
Davy on Wed, 11th Mar 2020 7:50 am
“US white nationalist and paleo-con CW2 coalition coming up:”
In your dreams, cloggo. What is coming is more pointedly a balkanization of Europe you should have concerned for because you really have more worries with that than the masturbation you perform daily of speculating on a US demise.
OH, yea, LOL
Davy on Wed, 11th Mar 2020 7:53 am
“168 deaths in Italy, only old, sick people. Good news for pension funds. Your point?”
An entire nation on lock down with huge economic implications for all of Europe and maybe likely a knock on with more national lock downs?? That is not a point. What a joke.
OH, Yea, LOL
Abraham van Helsing on Wed, 11th Mar 2020 8:28 am
Who cares if the economy contracts, we’re right enough anyway.
What is important is the psychology of it all. This mindless open borders ideology gets a real, well-deserved stump in the face. A society successfully going into lock-down, that creates a useful precedent against all sorts of virtual Corona viruses, if you follow my gist.
Abraham van Helsing on Wed, 11th Mar 2020 8:29 am
“rich enough”
Davy on Wed, 11th Mar 2020 8:52 am
“rich enough”
You are indebted and in a brittle union which means the rich enough is a delusion.
Abraham van Helsing on Wed, 11th Mar 2020 9:39 am
Russia and KSA strangling the US fracking industry to death with very cheap oil, a little above 30$/barrel:
https://www.spiegel.de/wirtschaft/soziales/oelpreis-faellt-erneut-stark-saudi-arabien-steigert-produktion-a-4d35c446-61ec-4a9e-8cd4-e891400b2f12
world grater supremacist muzzies united for the love of supremacist muzzies assn on Wed, 11th Mar 2020 9:43 am
supertards
plase change ur underwear after 5 days, my goal is 4
please stop the bickering and fighting so we can unite. united we’re stronger so we can love 7th century supremacists muzzies even more
world grater supreamcist muzzies bag day feb12021
Duncan Idaho on Wed, 11th Mar 2020 10:16 am
Coronavirus Will Spread Faster Because We Lack Universal Health Care
(well, duh)
https://truthout.org/articles/coronavirus-will-spread-faster-because-we-lack-universal-health-care/
Davy on Wed, 11th Mar 2020 11:58 am
Anyone notice how increasingly desperate my attacks and trolling have become lately?
Abraham van Helsing on Wed, 11th Mar 2020 11:58 am
“Merkel is stirring up panic by warning that up to 70% of Germans could contract Covid-19 – Czech PM Babis”
https://www.rt.com/news/482843-babis-merkel-coronavirus-panic/
I think Merkel is right btw.
I AM THE MOB on Wed, 11th Mar 2020 12:35 pm
70% of Germans will likely get coronavirus, Merkel says
BERLIN (Reuters) – Germany will spend what it takes to tackle the coronavirus which is likely to infect up to 70% of the population in Europe’s largest economy, Chancellor Angela Merkel said on Wednesday.
https://uk.reuters.com/article/us-health-coronavirus-germany-merkel/most-people-will-get-the-coronavirus-aim-is-to-slow-its-spread-merkel-idUKKBN20Y1EY
First China goes down, then Iran, then Italy and now the big dog! HAHA
And we didn’t even have to invent another HOLOHOAX! LOL
At least we are going to not leave your region in pieces like last time Clogg.
LOL
I AM THE MOB on Wed, 11th Mar 2020 12:41 pm
Old folks will die, young one are soy boys Are not willing to defend their country from emigration. New European Babylon is on the way as NWO wish.