Rising Fear Sinks Stocks.

 Baltic Dry Index. 1402 -13  Brent Crude 40.83

Spot Gold 1912

Coronavirus Cases 27/10/20 World 43,597,570

Deaths 1,161,029

The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.

Warren Buffett.

In the stock casinos, rising fear. Fear that the soaring coronavirus infections will lead to at best a double dip G-7 recession. A new wave of unemployment and a 2021 depression at worst.

Fear that a Biden-Harris sweep in the US election will lead to a Democrat-Socialist controlled House and Senate.

In the real economy, Halloween frights come early.

Fear that a China v USA renewed trade war clash is imminent.

Concern that a new front in the trade wars is opening up in Europe.

Below, the casinos v the new reality.

Asian shares hit by surging coronavirus cases, U.S. stimulus woes

October 26, 202011:37 PM Updated 2 hours ago

(Reuters) - Asian stocks markets fell on Tuesday as soaring global coronavirus cases and slow progress on a U.S. stimulus deal hammered investor sentiment and took a toll on Wall Street.

MSCI’s gauge of Asia Pacific stocks outside Japan was down 0.43%, with Australia’s ASX 200 off 1.1% to an almost three-week low.

China’s CSI300 Index edged down 0.1%, as investors looked out for any news from a meeting of China’s Communist Party leaders to set the next five-year plan.

Data out earlier in the day also showed China’s industrial profits grew at a slower pace in September, suggesting a recovery in the manufacturing sector is yet to be bedded-in.

In Japan, the benchmark Nikkei 225 dropped 0.28% in morning trade while Hong Kong’s Hang Seng index was down 1.02%.

U.S. indices fell sharply overnight to open the week’s trading, as anxiety over new record daily COVID-19 cases in the United States, Russia and France weighed on investor appetite.

Adding to the gloom, White House economic adviser Larry Kudlow told reporters on Monday that talks over a coronavirus relief package have slowed, though House Speaker Nancy Pelosi remained hopeful an agreement can be reached before the Nov. 3 elections.

Many Senate Republicans have resisted legislation of a scope that Pelosi and Mnuchin have discussed, totaling around $2 trillion.

“The challenge for markets is that in most cases they are already pricing a very strong economic bounce. The new outbreaks, and the potential for a double-dip recession, directly contradict this assumption,” Michael McCarthy, chief market strategist at CMC Markets in Sydney.

---- The sharp stock market decline set a bleak tone ahead of a busy third-quarter earnings season, with large U.S. tech firms like Apple Inc, Amazon.com Inc and Google-parent Alphabet Inc set to report. Microsoft Corp reports its results Tuesday.

The Dow Jones Industrial Average fell 2.29% overnight, the S&P 500 lost 1.86%, while the Nasdaq Composite dropped 1.64%.

More

https://uk.reuters.com/article/uk-global-markets/asian-shares-hit-by-surging-coronavirus-cases-u-s-stimulus-woes-idUKKBN27B2RK?il=0

S&P 500 Tumbles Most in a Month on Virus Spread: Markets Wrap

By Claire Ballentine and Vildana Hajric

October 25, 2020, 8:59 PM GMT Updated on October 26, 2020, 8:03 PM GMT

Tech leads European shares lower; crude oil and copper decline

·         Turkey’s lira weakens through 8 per dollar for the first time

The S&P 500 Index posted its biggest drop in a month on concern rising coronavirus cases will hurt the global economy and as prospects dimmed for fiscal aid from Washington before the presidential election.

More

https://www.bloomberg.com/news/articles/2020-10-25/dollar-rises-asia-stocks-set-for-muted-open-markets-wrap

China to impose sanctions on U.S. firms over Taiwan arms sales

October 26, 20207:33 AM

BEIJING (Reuters) - China will impose sanctions on Lockheed Martin LMT.N, Boeing Defense BA.N, Raytheon RTX.N and other U.S. companies it says are involved in Washington's arms sales to Taiwan, a foreign ministry spokesman said on Monday.

Zhao Lijian told journalists that China was acting to protect its national interest, but did not spell out what form the sanctions would take.

The U.S. State Department has approved the potential sale of three weapons systems to Taiwan, including sensors, missiles and artillery that could have a total value of $1.8 billion, the Pentagon said last week.

Beijing considers Taiwan a wayward province it has vowed to bring under control, by force if necessary.

“To safeguard our national interests, China decided to take necessary measures and levy sanctions on U.S. companies such as Lockheed Martin, Boeing Defence, and Raytheon, and those individuals and companies who behaved badly in the process of the arms sales,” Zhao said.

China has imposed sanctions on Lockheed Martin and other U.S. companies in the past for selling weapons to Taiwan, though it is unclear what form the penalties have taken.

The United States, like most countries, has no official diplomatic ties with Taiwan, but Washington is bound by law to provide the island with the means to defend itself.

---- A spokesman for Boeing said in an emailed statement that the company’s partnership with China’s aviation community had long-term benefits and that Boeing remained committed to it.

Lockheed Martin said in an emailed statement that all of its international military sales are strictly regulated by the U.S. government, and that its presence in China is limited.

Raytheon did not immediately respond to emailed requests for comment.

https://www.reuters.com/article/us-usa-china-taiwan/china-to-impose-sanctions-on-u-s-firms-over-taiwan-arms-sales-idUSKBN27B0P2?il=0

China gives six U.S. media outlets a week to report on operations

October 26, 20203:57 PM  By Reuters Staff

BEIJING (Reuters) - China’s foreign ministry has ordered six U.S. media outlets to report back on their operations in the country within seven days, after Washington said it was designating the U.S. arms of six more China-based media firms as foreign missions.

The U.S. media firms affected are the American Broadcasting Corporation (ABC), the Los Angeles Times, Newsweek, Feature Story News, the Bureau of National Affairs and Minnesota Public Radio, according to a statement from China’s Ministry of Foreign Affairs late on Monday.

Ministry spokesman Zhao Lijian vowed last week Beijing would respond to the U.S. action, which was announced by Secretary of State Mike Pompeo and followed an initial crackdown on Chinese media outlets in the United States in March.

The move further soured Sino-U.S. ties, which have sunk to their lowest point in decades as disputes rage over issues from trade and technology to human rights and the coronavirus.

The United States, “in total disregard of China’s legitimate and reasonable demand and solemn warning, insistently ramped up political repression and stigmatisation of Chinese media agencies and personnel,” Zhao said in the statement.

“In response, China demands that the China-based branches of (the six U.S. media firms) declare in written form information about their staff, finance, operation and real estate in China within seven calendar days from today,” he added.

“China urges the United States to...stop its political oppression and arbitrary restrictions on Chinese media organizations. Should it choose to go further down the wrong path, it could expect more countermeasures from China.”

https://uk.reuters.com/article/us-usa-china-media/china-gives-six-u-s-media-outlets-a-week-to-report-on-operations-idUKKBN27B1TU

U.S. regrets EU move on tariffs, seeks deal on Boeing-Airbus row: speech

October 26, 202012:16 PM

GENEVA (Reuters) - The United States on Monday told the WTO that it regretted the European Union’s seeking retaliatory tariffs for Boeing subsidies, and that it favoured a “negotiated resolution” with the bloc over its subsidies to rival planemaker Airbus.

The U.S. speech, seen by Reuters, came at a meeting of the World Trade Organization’s Dispute Settlement Body (DSB) which gave its formal clearance on Monday for the EU to impose tariffs on $4 billion of U.S. goods.

“In conclusion, the United States strongly favors a negotiated resolution of its dispute with the EU over the massive launch aid subsidies it provided to Airbus. The United States has recently provided proposals for a reasonable settlement that would provide a level playing field,” the U.S. delegation said.

https://uk.reuters.com/article/uk-wto-aircraft/u-s-regrets-eu-move-on-tariffs-seeks-deal-on-boeing-airbus-row-speech-idUKKBN27B1HA?il=0

Banks may have to brace for heavy losses as commercial property prices plunge

Published Sun, Oct 25 202010:43 PM EDT

SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant amount of losses for banks, according to a recent report.

In previous downturns, commercial property loan losses were “heavy” and there are worrying signs that such a trend could be repeated this time during the coronavirus-induced slowdown, Oxford Economics’ Adam Slater said in a report.

In a worst-case scenario, Slater said these loan losses would “materially erode” bank capital.

“Large (commercial real estate) price declines generally translate into big losses for banks. Write-offs of (commercial real estate) loans made a big contribution to overall bank losses in the last two major downturns,” wrote Slater, an economist at the firm.

During the 2008 great financial crisis, for example, such loan losses accounted for between 25% and 30% of total loan write-offs in the U.S.

This time those risks look highest in the U.S., Australia, and parts of Asia such as Hong Kong and South Korea. In these economies, lending growth has been high, with “significant” loan exposure. But commercial property prices are already sliding, especially in Hong Kong, the report said.

In Singapore, office rents had their steepest decline in 11 years in the third quarter, official data showed on Friday. Rents for office space fell 4.5% in the latest quarter till September.

The firm’s index of global commercial real estate prices based on seven large markets show they are down 6% from last year.

---- Oxford Economics analyzed 13 major economies and found that write-offs of 5% of loans would amount to the equivalent of a loss between 1% and 10% of banks’ tier 1 capital, their primary funding source including equity and earnings. The biggest impact would be felt in Asia, it said.

Bond investors may also be at risk.

In the U.S., around half of the lending by this sector is not made through bank loans, and that includes the issuance of bonds in the sector, according to the report. In parts of Europe and Asia, that proportion of borrowing through the non-bank sector has risen to 25% or more, in recent years.

More

https://www.cnbc.com/2020/10/26/commercial-property-prices-are-a-risk-for-banks-and-bond-investors.html

Turkish leader backs boycott of French goods over cartoon row

October 26, 202012:36 PM  By Christian Lowe, Tuvan Gumrukcu

PARIS/ANKARA (Reuters) - Turkish leader Tayyip Erdogan asked his compatriots to stop buying French goods on Monday in the latest expression of anger in the Muslim world over images being displayed in France of the Prophet Mohammad, which some Muslims consider blasphemous.

In Bangladesh on Monday, protesters held placards with a caricature of French President Emmanuel Macron and the words: “Macron is the enemy of peace”, while Pakistan’s parliament passed a resolution urging the government to recall its envoy from Paris.

Erdogan, who has a history of fraught relations with Macron, said France was pursuing an anti-Islam agenda.

“I am calling to all my citizens from here to never help French brands or buy them,” Erdogan said.

The Turkish president has made similar boycott calls in the past, including an appeal not to buy U.S. electronic goods in 2018 that was not followed through.

Erdogan on Monday joined a chorus of voices calling for a boycott. In Kuwait city, a supermarket had stripped its shelves of L’Oreal cosmetics and skincare products after the cooperative union to which it belongs decided to stop stocking French goods.

In Saudi Arabia, calls for a boycott of French supermarket chain Carrefour were trending on social media, though two stores Reuters visited in the Saudi capital on Monday seemed as busy as normal. A company representative in France said it had yet to feel any impact.

France is a major exporter of grain to mainly-Muslim North Africa, and French companies in the autos and retail sector also have significant exposure to majority-Muslim countries

French Trade Minister Franck Riester said it was too early to put a figure on the impact of the boycott campaign but so far it was limited and mainly affected French agricultural exports.

More

https://uk.reuters.com/article/uk-france-security-boycott/turkish-leader-backs-boycott-of-french-goods-over-cartoon-row-idUKKBN27B1J4

In weather news, will the Atlantic hurricane season ever end?

Tropical Storm Zeta to strike Yucatan Peninsula before taking aim at U.S. Gulf Coast

Oct. 25, 2020 / 11:29 AM

Oct. 25 (UPI) -- With the formation of Tropical Storm Zeta in the western Caribbean on Sunday morning, the 2020 Atlantic Hurricane season has now tied the record number of named storms from 2005.

Only one other storm in history has been named Zeta, with Tropical Storm Zeta forming on Dec. 28, 2005. That Zeta was also the second tropical system on record to exist during two different years, as it continued to churn in the Atlantic until Jan. 6, 2006. The name Eta and every name used from Greek Alphabet for naming tropical systems after it have never been used.

Residents all along the Gulf Coast should pay close attention for yet another potential landfall from a tropical system. This would be the 11th tropical system to make landfall in the U.S. in 2020. Hurricane Delta was number 10, which broke the record of 9 from 1916.

The National Hurricane Center is projecting the storm to move into the southern Gulf of Mexico on Tuesday, and reach the central Gulf of Mexico by late Tuesday.

More

https://www.upi.com/Top_News/US/2020/10/25/Tropical-Storm-Zeta-to-strike-Yucatan-Peninsula-before-taking-aim-at-US-Gulf-Coast/5951603639165/

Winter Watch.

The Arctic winter sea-ice expansion and northern hemisphere snow cover. From around mid-October, the northern hemisphere snow cover usually rapidly expands, while the Arctic ice gradually expands back towards its winter maximum.

Over simplified, a rapid expansion of both, especially if early, can be a sign of a harsher than normal arriving norther hemisphere winter. Perhaps more so in 2020-2021 as we’re in the low of the ending sunspot cycle, which possibly also influenced this year’s record Atlantic hurricane season.

Adding to this year’s winter concerns, a developing La Nina weather pattern in the Pacific. While the La Nina effect on the winter weather of western Europe is weaker than that of an El Nino pattern, which tends to make for a milder winter, a La Nina pattern tends to make for a colder winter.

The early take, Eur-Asia turned snowy fast in mid-October. North America is now playing catchup. The Arctic sea ice expansion is slow, but with the vastly expanded snow cover, it will probably now speed up.

US National Ice Center.

https://www.natice.noaa.gov/ims/

Remember that there is nothing stable in human affairs; therefore avoid undue elation in prosperity, or undue depression in adversity.

 Socrates

Covid-19 Corner                       

This section will continue until it becomes unneeded.

India Daily Cases Slow; H.K. May Compel Some Tests: Virus Update

Bloomberg News

October 26, 2020, 10:57 PM GMT Updated on October 27, 2020, 4:53 AM GMT

India’s daily infections fell below 40,000 for the first time in more than three months as Hong Kong announced plans for mandatory testing of people with symptoms and specific groups.

Eli Lilly & Co. said a U.S.-run clinical trial of its experimental antibody therapy will end while AstraZeneca Plc’s vaccine candidate produced a robust immune response in elderly people. New research from the U.K. suggests antibody responses may diminish over time.

The latest surge in U.S. coronavirus cases sent the S&P 500 Index to its biggest drop in a month. An infection spike that started with younger Americans is now moving to older communities.

Key Developments:

• Global Tracker: Cases top 43.4 million; deaths exceed 1.15 million
• U.S. ‘surge’ virus testing targets asymptomatic people
• Covid Fear Is Back and Driving Markets Again: John Authers
• P&G’s new Lysol competitor wins EPA approval to fight virus
• Americans see record flu shot demand in first season with Covid
• U.S. recovery’s surprise strength linked to aid, quick reopening
• Vaccine Tracker: Vaccine trials restart, providing hope

More

https://www.bloomberg.com/news/articles/2020-10-26/u-s-trial-of-lilly-drug-ends-czechs-order-curfew-virus-update?srnd=coronavirus

Antibody Defense Against Covid Wanes Over Time, Study Suggests

By Eric Pfanner

October 27, 2020, 12:01 AM GMT

Antibody responses to the coronavirus may diminish over time, according to a study that showed the natural defenses waning in Britons who’d previously been exposed.

Among 365,000 randomly selected U.K. adults who tested themselves at home, 4.4% had antibodies in September, compared with 6% in June, according to research published Tuesday by Imperial College London and polling service Ipsos MORI.

The study suggests that antibodies, a marker of exposure to the coronavirus, may not be lasting in all people who have been infected, adding to other research indicating that immunity may be finite.

A small but growing number of patients have fallen ill with Covid-19 twice, and it’s not clear how long antibody protection from any vaccine would last. Some protective shots under development also aim to stimulate so-called T-cells that can fight off viruses.

People who tested positive but didn’t show symptoms of Covid-19 appeared to lose antibodies more often than those who suffered noticeable effects of the disease, the study showed.

More

https://www.bloomberg.com/news/articles/2020-10-27/antibody-defense-against-covid-wanes-over-time-study-suggests

French doctor warns his country has ‘lost control’ of virus

By ANGELA CHARLTON and MIKE CORDER 26 October 2020

PARIS (AP) — A French doctor warned Monday that his country has “lost control of the epidemic,” a day after health authorities reported more than 52,000 new coronavirus cases as nations across Europe enact more sweeping restrictions to try to slow surging infection rates.

Spain — the first European country to surpass 1 million confirmed COVID-19 cases — declared a state of emergency Sunday that included a nationwide overnight curfew, a cap of six people on social gatherings and possible travel bans in and out of the hardest-hit regions.

The effect was clear on Barcelona’s famed Las Ramblas promenade, which was deserted Sunday night when it normally would have been teeming with people.

In two major Italian cities, people took to the streets amid a pushback from small sections of society to new restrictions. On Friday, demonstrators in Naples protested a locally imposed 11 p.m. to 5 a.m. curfew and clashed with police. On Saturday night, far-right and neo-fascist groups led a similar protest in Rome against a curfew. Another protest is planned for Tuesday in Milan.

Dr. Jean-François Delfraissy, president of the scientific council that advises the French government on the virus, said the country is in a “very difficult, even critical situation.”

“There probably are more than 50,000 new cases every day. Our estimate at the Scientific Council is closer to 100,000 – twice as many,” Delfraissy told RTL radio. “Between those who aren’t tested and asymptomatic patients, we’re close to that number of cases. This means the virus is spreading extremely fast.”

France declared a state of emergency earlier this month and has been imposing more and more restrictions since September to try to ease the pressure on France’s hospitals, where COVID-19 patients occupy more than half of all ICU beds.

Dr. Eric Caumes, head of the infections and tropical diseases department at Paris’ Pitie-Salpetriere Hospital, said the country needs to lock down again.

“We lost control of the epidemic but that doesn’t date from yesterday,” he said on broadcaster Franceinfo. “We lost control of the epidemic several weeks ago already.”

Europe’s confirmed death toll has surpassed 250,000 according to a count by Johns Hopkins University, which puts the global toll at more than 1.1 million.

More

https://apnews.com/article/virus-outbreak-epidemics-health-paris-europe-07081c1203628dad5eb514cdd0819d16

Average daily new coronavirus cases in U.S. hit all-time high, expert warns of ‘exponential spread’

Published Mon, Oct 26 20209:32 AM EDT

The average number of new daily cases of coronavirus in the United States is at a record — stressing local hospital systems and forcing new curfews and other restrictions in some parts of the country.

With fall holidays such as Halloween and Thanksgiving approaching, the U.S. has now established its third peak of daily new cases with no signs of letting up.

Over the past seven days, the country reported an average of about 68,767 new cases every day, the highest seven-day average recorded yet, according to a CNBC analysis of Johns Hopkins University data. The seven-day average is up more than 22% compared with a week ago, according to CNBC’s analysis.

“We are likely to see a very dense epidemic,” former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC on Monday. “I think we are right now at the cusp of what is going to be exponential spread in parts of the country.”

The U.S. is also testing more people than ever, according to data compiled by the Covid Tracking Project. However, more testing cannot account for the rise in cases, health officials say, because the percent of tests coming back positive has increased as well. About 6.2% of tests were positive on Sunday based on a seven-day average, according to Hopkins, up from 5.2% a week earlier.

The U.S. reported an all-time high single-day spike in cases on Friday, when the country reported 83,757 new cases, according to Hopkins data. Health officials have warned for months that cases would likely rise as parts of the country entered the fall and winter. That’s largely because people are spending more time indoors, where the virus can spread more easily. Epidemiologists also say the virus may be able to spread more easily in colder, drier air.

More than 20 states reported record-high numbers of average daily new cases, and cases are rising by 5% or more in 40 states, according to CNBC’s analysis. Many of the states with the fastest growing outbreaks are those in the Midwest and West, which did not report many cases of the virus earlier in the pandemic. Adjusted for population, the Dakotas, Wisconsin, Montana and Idaho are reporting more average daily new cases than anywhere else in the country.

---- As daily new cases skyrocket, hospitalizations are rising, too. Deaths, which lag furthest behind those other indicators, are beginning to tick up as well. With advances in clinical care for Covid-19 patients and new treatments such as the antiviral remdesivir and steroids like dexamethasone, health officials say they are able to save more Covid patients than ever. But with deaths on the rise, it remains to be seen how substantially the death rate has dropped in the roughly 11 months since the virus emerged.

More

https://www.cnbc.com/2020/10/26/average-daily-new-coronavirus-cases-in-us-hit-all-time-high-as-health-officials-warn-exponential-spread-is-coming.html

Next, some vaccine links kindly sent along from a LIR reader in Canada. The links come from a most informative update from Stanford Hospital in California.

World Health Organization - Landscape of COVID-19 candidate vaccines. https://www.who.int/publications/m/item/draft-landscape-of-covid-19-candidate-vaccines

NY Times Coronavirus Vaccine Tracker. https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html

Stanford Website. https://racetoacure.stanford.edu/clinical-trials/132

Regulatory Focus COVID-19 vaccine tracker. https://www.raps.org/news-and-articles/news-articles/2020/3/covid-19-vaccine-tracker

Some other useful Covid links.

Johns Hopkins Coronavirus resource centre

https://coronavirus.jhu.edu/map.html

Rt Covid-19

https://rt.live/

Covid19info.live 

https://wuflu.live/

Centers for Disease Control Coronavirus

https://www.cdc.gov/coronavirus/2019-ncov/index.html

 

Technology Update.

With events happening fast in the development of solar power and graphene, I’ve added this section. Updates as they get reported. Is converting sunlight to usable cheap AC or DC energy mankind’s future from the 21^st century onwards.

The explosive problem of 'zombie' batteries

By Ben Morris  Technology of Business editor  26 October 2020.

The stress levels rocketed for Ian Scott-Browne earlier this month, when one of his colleagues radioed him and told him to call the fire brigade.

Smoke had been spotted coming from one of the sorting machines at the Smallmead recycling centre, just outside Reading in southern England.

He knew that a fire in one of the machines could be catastrophic as burning plastic, paper and cardboard could be quickly spread by conveyor belts which connect all the machines in the facility.

"My concern was that we'd lost control of where the fire was," says Mr Scott-Browne, who is an operations manager at the recycling facility.

For him there was a tense 15 minutes while firefighters, helped by some of his staff, urgently took heavy metal panels off the side of the sorting machines to track down and extinguish the fire.

Small fires like that are surprisingly common at recycling centres. Somewhere in the UK there is one every day, on average.

As a result the industry has become good at extinguishing them, but they would rather not deal with them at all, particularly as recycling centres are full of combustible materials.

The problem is that however attentive staff might be to the threat of fire, they can't control what people put in their recycling bins.

The Environmental Services Association (ESA), which represents waste firms like Biffa, Veolia and Suez, says too many batteries are going into either recycling bins or black rubbish bags, where they are easily damaged by sorting equipment and start to burn - so-called "zombie" batteries.

The ESA has launched a campaign called Take Charge which encourages people to dispose of batteries properly.

"Unfortunately, the majority of batteries thrown away in the UK at the moment are not put in the proper recycling bins. Fires caused by carelessly discarded zombie batteries endanger lives, cause millions of pounds of damage and disrupt waste services," says Jacob Hayler, executive director of ESA.

Lithium-ion batteries, which power mobile phones, tablets and toothbrushes, can be extremely volatile if damaged. CCTV footage taken at several recycling centres shows explosions sending flames and debris shooting across sorting areas.

And those sorts of batteries are a growing menace. Between April 2019 and March 2020, lithium-ion batteries were suspected to have caused around 250 fires at waste facilities. That is 38% of all fires, up from 25% compared to the previous year, according to the latest data from ESA.

In many cases the precise cause of a fire is never established but ESA says it is likely that lithium-ion batteries account for an even bigger proportion of fires.

Paul Christensen, professor of pure and applied electrochemistry at the University of Newcastle, has deliberately damaged lithium-ion batteries in experiments to make them explode.

The experiments are part of his work to help fire brigades tackle fires involving lithium-ion batteries.

Prof Christensen is a "massive fan" of the batteries and points out that they are perfectly stable under normal conditions.

However, he says that even small lithium-ion batteries, similar to the ones in your mobile phone, would explode "with a rocket flame" if punctured.

His real concern though is with the much bigger batteries found in electric cars, or used to store electricity in homes and businesses.

More

https://www.bbc.co.uk/news/business-54634802

US Politics Betting Odds

https://www.oddschecker.com/politics/us-politics

"War is Peace" "Freedom is Slavery" "Ignorance is Strength."

George Orwell. 1984.