ECONOMY | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

ECONOMY

Mar 30 15:43

Who’s Next to Fail in the Post-COVID World?

COVID-19 has cratered the global economy exposing the internal rot within our hyper-financialized global economy as nothing more than a pyramid of Ponzi schemes…

… piling credit on top of credit until there are no more greater fools to sell the new debt to.

That’s the system we have. And it is collapsing precisely because the world is situated at the point where there is little more productive capacity to monetize and pull that capital from the future to fund the new debt.

It won’t matter if we replace this system with pure helicopter money without debt as the Modern Monetary Theory proponents argue. We’re already doing a version of this by having the central banks buy debt they never intend to sell on the open market. So, the debt itself is without value.

Mar 30 15:25

The Power of Fear

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Fear is an instrument of social control and repression.

Time and again, terrified people bow to the will of their ruling authorities even when harming their own rights and well-being.

The philosopher Seneca once said that “(t)here are more things…likely to frighten us than there are to crush us. We suffer more often in imagination than in reality.”

Edmund Burke explained that “(n)o passion so effectually robs the mind of all its powers of acting and reasoning as fear.”

According to HL Mencken, “(t)he whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, most of them imaginary.”

America’s second president John Adams said “(f)ear is the foundation of most governments.”

Mar 30 15:18

America’s Rubicon: RIP Republic

The Americans’ willingness to stand down, and do martial-law in-place, is unprecedented in American history and signals all-clear to the looters, communists, perverts and psychopaths who have been chipping away at the USA for more than 100 years.

With zero understanding of economics and the financial system, zombie Americans believe shuttering the economy for weeks and maybe months can be tolerated by a financial system already in full-on collapse and that it can be done at no cost to them.Played like a fiddle by the Trump administration, supported by the QAnon psychological operation, Americans are barely complaining.

Mar 30 15:13

Dr Fauci LIES under oath & downplays Encephalitis due to MMR Vax at Measles's Hearing in D.C.

Dr. Fauci downplays that Encephalitis exists (a known adverse reaction on vaccine manufacturer's insert) he lies under oath, while speaking at the Energy & Commerce Hearing "Confronting a growing public health threat: Measles outbreaks in the U.S." in D.C. 2/27/2019.

Below is a table of injuries from the Vaccine Injury Compensation Program (VICP), a federal program set up by the 1986 National Childhood Vaccine Injury Act. In order for an injury to be tabled there must be unequivocal causation proven by science.
The MMR vaccine DOES cause brain swelling and encephalitis.
Vaccine Injury Table: https://www.hrsa.gov/sites/default/fi...

Mar 30 15:09

Fauci “Fraud”: Face Of Coronavirus Task Force Exposed In Hillary-Loving Deep State Act

Have you thought about the impact of to the economy by the complete shut-down of California and New York? These two states represent a massive proportion of the United States workforce, and the eager “stay in place” orders of the two states seem almost contrived.

In fact, some people have pointed out that the only way to absolutely stop President Trump booming economy was to have a complete shut-down of work… and the way to accomplish that was to spread a potentially deadly virus (or, at least one that offered the fear factor required.)

President Trump orchestrated the greatest come-back of the American worker in literal decades… in an amazingly short period of time.

Now, suddenly, Americans are being told to stay home…

Mar 30 15:07

Anthony Fauci, the NIH's face of the coronavirus, is a Deep-State Hillary Clinton–loving stooge

One of the first things I found about Dr. Fauci, at the WikiLeaks Clinton email trove, was a gushing 2013 email that Fauci had sent to Cheryl Mills, one of Hillary Clinton;s top aides, praising the then–secretary of state for her congressional testimony on Benghazi.

Mar 30 11:06

Where is the VIX going?

Mar 30 10:46

Seniors in Elk Grove can’t leave their houses. These volunteers are bringing them food

Kevin Lillard was behind the wheel as his white van dipped into the parking lot of Renwick Square, a cluster of senior apartments near the western edge of Elk Grove. A team of six gathered for a quick check-in.

“Has anybody traveled outside the country in the last 14 days?”

“Have any of you felt sick or any kind of nausea, or any kind of sickness?”

No one left the circle, so they loaded up two carts with food boxes and disappeared into the halls of the complex.

Mar 30 10:40

County health officer mandates shutdown of non-essential facilities

Residents of Calaveras County may now be arrested or cited for not adhering to Gov. Gavin Newsom’s stay-at-home order.

Mar 30 09:45

Age is not the only risk for severe coronavirus disease

WASHINGTON (AP) — Older people remain most at risk of dying as the new coronavirus continues its rampage around the globe, but they’re far from the only ones vulnerable. One of many mysteries: Men seem to be faring worse than women.

The graying of the population means some countries face particular risk. Italy has the world’s second oldest population after Japan. While death rates fluctuate wildly early in an outbreak, Italy has reported more than 80% of deaths so far were among those 70 or older.

Mar 30 09:19

The Propaganda of Terror and Fear: A Lesson from Recent History

The ongoing and unfolding reactions to the Corona Virus look set to have wide-ranging and long-lasting effect on politics, society and economics. The drive to close down all activities is extraordinary as are the measures being promoted to isolate people from each other.

The deep-rooted fear of contagious disease, hardwired into the collective consciousness by historical events such as the ‘Black/Bubonic Plague’ and maintained through popular culture (e.g. the Hollywood movies Outbreak and Contagion), means that people are without question highly susceptible to accepting extreme emergency measures whether or not such measures are rational or justified.

Mar 30 09:11

We Have a Choice to Make

The most critical issue in all of this is not, and never was, determining the most effective way to deal with crises like this one (and if it were, there is more than enough evidence from this outbreak alone to entirely disqualify state action from that competition.) This is not about whether government-ordered lockdowns “work” to stem the spread of a deadly virus. Nor is it even about how deadly that virus is or is not.

The much more important issue is: What kind of world are we creating when we allow a government to have this kind of power?

Fortunately–or perhaps not so fortunately–we don’t have to use our imaginations to come up with an answer. The 20th Century’s tragic experiments with all-powerful authoritarian regimes give us plenty of real-life examples. Those regimes were born out of dreams of perfect societies, crafted by “experts” and directed from above.

Mar 30 08:30

It Is A Time Of Crisis And U.S. Foreign Policy Is Becoming Unhinged

March 28, 2020 "Information Clearing House" - The Trump administration is reacting to the pandemic stress by lashing out at perceived internal and external enemies. Secretary of State Mike Pompeo is leading the external onslaught.

UN Secretary General Antonio Guterres has called for an "immediate global ceasefire" to focus on fighting Covid-19. He has appealed for the "waiving of sanctions that can undermine countries' capacity to respond to the pandemic."

But Washington is not listening.

Requests from Venezuela and Iran for emergency IMF loans to buy medical supplies were blocked by U.S. interventions.

Just a month ago Pompeo announced an increase of sanctions against Iran. The sanctions block money transfers. They make it impossible for Iran to import the medical equipment it urgently needs to counter the epidemic.

Mar 30 08:27

The cost of panic

The implications for the future are horrific. THIS cost of panic is already being paid: the destruction of our economy, our society, and what is left of our system of government. Consider the following.

A Kentucky congressman reported that the Kentucky governor has established a toll-free phone number for people to report violators of the the lockdown in that state. No information on whether informers will be rewarded for their squealing to the state: perhaps they’ll get the scofflaw’s toilet paper? (I don’t know if this was Massie, who is now an enemy of the regime for trying to just at least do the deed (the spending bill) legally and constitutionally.)

Mar 30 08:10

MIT scientist warns Trump of Dr. Fauci’s reliance on flawed ‘out-dated’ virus-fighting model

“Dr. Fauci’s policy, at best, is based on a 1950s outdated ‘one-size-fits-all,’ non-personalized approach to medicine and public health; and at worst, is derived from a ‘fake science’ understanding of the immune system … .”

Mar 30 08:06

Patients with 100% SUCCESS RATE -- Using Hydroxychloroquine, Zinc and Z-Pak

The chloroquine stops the cytokine storm immune reaction and the zithromax stops the bacterial pneumonia and the zinc kills the virus. Smart Man!

The New York doctor also posted a video explaining his success with hydroxychloroquine and Zinc . His treatment resulted in the shortness of breath issue being resolved in 4 to 6 hours. Dr. Zelenko in his study had zero deaths, zero hospitalizations and zero intubations!

Mar 30 08:02

SHOCK REPORT: EU Total Deaths Per Week for All 24 Reporting Countries Combined is LOWER than the Normal Weekly Rate in EVERY Age Group

The EU is now reporting that the total deaths per week for all 24 reporting countries combined is LOWER than the normal weekly rate in every single age group.
“Note concerning COVID-19 related mortality as part of the all-cause mortality figures reported by EuroMOMO”
The EuroMOMO website publishes weekly reports of mortality levels in up to 24 European countries or regions of countries.
The weekly bulletin is published every Thursday around noon.
Over the past few days due to the growing number of coronavirus cases and deaths in several EU countries, the EuroMOMO reporting hub has received many questions about the weekly all-cause mortality data and the possible contribution of any COVID-19 related mortality.
Historic death trends in EU countries:

Mar 30 08:01

IT'S IN THE DATA: The Common Flu Had 12 Times More Hospitalizations than COVID-19 Yet No Media Hysteria

The number of individuals hospitalized from the virus is one relevant measurement.

To date in the US we have had around 20,000 coronavirus (COVID19) patients admitted in the hospital. However, this number is many times less of those Americans hospitalized every year from the flu:

Mar 30 07:54

Japanese Study Estimates Covid Morality Rate in Wuhan Was Just 0.12%

There were nearly 2 million infections in Wuhan alone!

Since the first cluster of cases was identified in Wuhan City, China, in December, 2019, coronavirus disease 2019 (COVID-19) has rapidly spread across China, causing multiple introductions in 109 countries/territories/areas as of March 10th.

Despite the scarcity of publicly available data, scientists around the world have made strides in estimating the magnitude of the epidemic, the basic reproduction number, and transmission patterns.

Mar 30 07:52

The Weakest, Most Hyped Up Plague Ever Couldn’t Even Kill a 101-Year Old Man

An Italian centenarian shakes off covid-19 like the glorified cold that it is.

The man, who has been named only as “Mr. P,” was admitted to hospital in Rimini, northeast Italy, last week after testing positive for Covid-19 and left the hospital on Thursday. [Short stay may indicate he didn’t even require any special medical assistance.]

Lisi said his “truly extraordinary” recovery gave “hope for the future.” [What’s extraordinary about beating a glorified common cold?]

Mar 30 07:49

Perspectives on the Pandemic | Dr John Ioannidis of Stanford University | Interview

Perspectives on the Pandemic: Dealing with Coronavirus, a fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data.

Dr John P.A. Ioannidis is a professor of medicine and professor of epidemiology and population health, as well as professor by courtesy of biomedical data science at Stanford University School of Medicine, professor by courtesy of statistics at Stanford University School of Humanities and Sciences, and co-director of the Meta-Research Innovation Center at Stanford (METRICS) at Stanford University.

See his thoughts in writing here:
https://www.statnews.com/2020/03/17/a...

Mar 30 07:47

Trump says keeping US Covid-19 deaths to 100,000 would be a ‘very good job’

Donald Trump has extended America’s national shutdown for a month, bowing to public health experts, and scientific reality, and warning that the worst of the coronavirus pandemic is yet to come.

New information and analysis suggest that the initial response to corona virus has been a wild overreaction.
The UK government’s response was based on estimates of Professor John Ferguson of Imperial College, London, who originally calculated that as many as 500,000 could die of the corona virus. He then revised that estimate to 20,000 deaths.
Meanwhile another paper by colleagues at Imperial predicted just 5,700 deaths if the lockdown continues, almost one hundred times fewer fatalities. Despite this dramatic reduction the lockdown remains in the UK and has now been extended in the U.S.
Will Trump extend the lockdown again? Will it become a permanent feature of life globally? Are we entering a period of globally imposed martial law?

Mar 30 07:44

The Greatest Depression

The Age of Terror was inaugurated with a series of controlled demolitions in New York City on September 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy that is already causing unprecedented carnage across markets and around the globe. As the dust settles on this demolition, an entirely new economy is ready to be erected in its place: one in which no citizen will be out of the sight of the all-seeing government. This week on The Corbett Report we examine the details of this collapse and why the bankster class is seeking to destroy the financial Ponzi scheme that they themselves created.

Mar 30 07:42

STOP IT NOW

A MUST-WATCH Interview. Truly ... the information gets increasing gripping as the interview progresses.
https://www.youtube.com/watch?time_co...
DR JOHN P.A. IOANNIDIS: C. F. REHNBORG PROFESSOR IN DISEASE PREVENTION IN THE SCHOOL OF MEDICINE, PROFESSOR OF MEDICINE, OF HEALTH RESEARCH AND POLICY (EPIDEMIOLOGY) AND BY COURTESY, OF STATISTICS AND OF BIOMEDICAL DATA SCIENCE
Medicine - Stanford Prevention Research Center

This man is not on mainstream media chosen for his mainstream politically-approved view. He is warning that the data on the illness, potentially very dangerous to the elderly, is uncertain in almost every detail. He explains possible explanations for the very unusual events being reported from Italy.
he also also says that a wrong or panicked reaction could threaten the physical and mental health and even the lives of billions of people.

Mar 30 07:29

Liquidity crisis to Solvency crisis

Mar 30 07:12

Gold Bar Shortage Deepens: Credit Suisse Tell Clients “Do Not Bother Asking”

Gold bar shortage globally prompts preppers, bankers and high net worth investors alike to try and acquire large gold bars but mints, refiners, banks and dealers globally are sold out.

Mar 30 06:25

The Maturity Wall, Again

Mar 30 06:23

German state minister kills himself as coronavirus hits economy

Thomas Schaefer, the finance minister of Germany's Hesse state, has committed suicide apparently after becoming "deeply worried" over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said on Sunday.

Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution's office said they believe he died by suicide.

Webmaster's Commentary: 

The last note in his wikipedia bio ends with the following statement:

He was survived by his wife and two children."

"Suicide" is a polite way to characterize a process of political extermination against people who know, or say, too much, as "l'encouragement pour les autres" (Encouragement for the others) not to do this.

IF a true, forensic autopsy were to be performed, I doubt like hell that "suicide" will be named as the actual cause of his death; and were I a betting person, I would almost be willing to bet that his widow is getting one, huge pile-up of pressure, not to allow this to happen.

Mar 30 06:00

US Repositions Troops in Iraq, Preparing for Fight Against Iran

Initially announced weeks ago, the US withdrawal of troops from western Iraq and concentration in the east looks more and more like preparation for another confrontation with neighboring Iran. Recent reports suggest that is one policy being advocated.

On Friday, reports suggested that the Pentagon had been ordered, by Secretary of State Mike Pompeo, to start planning to wipe out certain Iraqi militias which they believe are Iranian proxies. Officials say the administration is increasingly divided on the plan.

Lt. Gen. Robert White was very averse to this idea, saying it would require the US bring in thousands of more troops, and divert from existing missions. He also warned it risks starting a war with Iran, which at least some of the proponents consider very much the point.

Webmaster's Commentary: 

President Trump, a word, please!!!

Just a thought, sir; what will the optics look like in November if we wage a full-fledged war against Iran, a war in which Russia has already promised to participate on Iran's side?!?

Iran ‘Won’t Be Alone’ If U.S. Attacks, Russian Official Says

Your problem with your perspective on Iran is, that you can only see its geopolitics through the rather jaundiced and horrifically prejudicial, "vision" of one of your BFFs in the Middle East, specifically, that of one Israeli Prime Minister, Benyamin Netanyahu.

And Mr. President, please don't think for a millisecond, that there are not elements of the Israeli government which are, as I type this, conjuring up all kinds of scenarios as the "perfect false flag" with which to "sucker in" the American government to fight Iran, and consequently, Russia.

And sir, if you doubt me for even a second, please re-acquaint yourself with the real history of the USS Liberty incident in 1967:

'But Sir, It’s an American Ship.' 'Never Mind, Hit Her!' When Israel Attacked USS Liberty

With "friends" like this, Mr. President...........?!?!?!?!?!?

Mar 30 05:19

William Barr Greenlit Bush’s Invasion of Panama, Is Venezuela Next?

The US Justice Department unsealed an indictment on Venezuelan President Nicolas Maduro and other government officials last week, accusing them of "narco-terrorism." The move is reminiscent of the 1988 indictment of former CIA asset and Panamanian leader Manuel Noriega. The Noriega indictment resulted in a US invasion of Panama that left hundreds – possibly thousands – of dead civilians in its wake. Attorney General William Barr took to the podium to announce Maduro’s indictment. Barr happens to be the same person who gave the first Bush administration the legal justification to invade Panama just over 30 years ago.

Barr first worked in the DOJ in 1989 when George H. W. Bush appointed him as head of the Office of Legal Counsel (OLC). Bush and Barr had some history together. The two first crossed paths in 1976 when Bush was head of the CIA, and Barr served as a congressional liaison for the agency. At the time, Manuel Noriega was also on the CIA’s payroll.

Webmaster's Commentary: 

There is another, very disturbing story regarding Venezuela which broke over the weekend.

Rosneft Hands Venezuelan Oil Business to Russian State Firm

The article goes on to state: "Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in the wake of a U.S. narcotics indictment."

So one has to wonder: with the chaos, confusion, and pain, caused by both Covid 19, and US governmental response to it, are we looking at a Venezuelan "Coup-Coup Ca-CHOO!" coming forward very shortly?!?

This may well be confirmed by an article from globalresearch.ca, with the following title: USA Activates New Phase of Violence and Coup d’état Against Venezuela, by the Bolivarian Government of Venezuela, in response to the US accusing Maduro of "narcotrafficking yesterday.

Timing on something like this move, is rarely...coincidental.

Mar 30 05:03

SEC Sues Israelis Tied to International Insider Trading Ring

“The U.S. Securities and Exchange Commission sued two Israeli citizens linked to a sprawling international insider-trading ring.

“Tomer Feingold, 40, and Dov Malnik, 42, were accused in a suit filed Tuesday in Manhattan federal court of using tips on planned health care mergers to make more than $4 million in illegal profits.” Read more

Mar 30 04:59

Coronavirus Crisis Awakens a Sleeping Giant: China’s Youth

The coronavirus outbreak has mobilized young people in China, sounding a call to action for a generation that had shown little resistance to the ruling Communist Party’s agenda.

For much of their lives, many young Chinese have been content to relinquish political freedoms as long as the party upheld its end of an unspoken authoritarian bargain by providing jobs, stability and upward mobility. Now, the virus has exposed the limits of that trade-off.

Angry and agitated, many young Chinese are pushing back on the government’s efforts to conceal its missteps and its resistance to allowing civil society to help.

Webmaster's Commentary: 

If, in fact, this virus is a bioweapon, introduced to China to seed destabilization here, would this, on top of an horrific economic slide, not been one of the design objectives for the introduction of such a weapon?!?

And BTW, when will a DNA decoding of this virus ever be available to the public?!?

Folks, if in fact, it was a bioweapon, even a bioweapon in development, no matter who developed it, the short answer is... never.

Mar 30 04:50

The Monetary Abyss Stares Back and Asks Who’s Next? By Tom Luongo

But the time lost by people in pursuit of uneconomic ends by mispricing risk and servicing debt they are legally obligated to service is real.

So, ultimately, the difference at this point between what we’re seeing from the central banks now and MMT is a matter of accounting and definitions. But it doesn’t solve the basic problem that prices for things want to adjust downward.

And I remind you that Russian President Vladimir Putin understood all of this when he said no to OPEC+ and lower oil production. This pricked the so-called “Everything Bubble” and now the world is realizing just how important it is for capital markets to reflect the actual goods and services produced by the global economy not a financialized multiple of that value thereof.

It’s important to make this distinction now because as a hard money advocate and Austro-libertarian thinker it is my duty to counter the rising cries for someone to save us from the evil monster of deflation.

Mar 30 04:50

$6 Trillion ‘rescue package,’ unaffordable bailouts and buybacks: Bend over, here it comes again!

Covid-19 lives, Capitalism dies: Oligarchs, buying influence in Washington and Westminster, have become reliant upon bankers and politicians providing taxpayer-backed bailouts when their reckless highly leveraged bets go wrong.
Since 2010, companies trading on the S&P 500 stock index spent over $5.3 trillion on stock buybacks. Allowing companies to borrow money so they can buy back stock and issue dividends is wrong. It destroys future growth and earnings, and it impairs a company’s ability to self-finance in a crisis while artificially pushing stock prices higher. Share buybacks involve a conflict of interest because top executives owe a fiduciary duty to their companies and simultaneously profit from exercising stock options. If the borrowed money was used to stimulate organic growth or maintain capital buffers to protect companies from economic recessions, executive pay would be less excessive and bailouts would not be needed.

Mar 30 04:45

As Millions Of Americans Become Unemployed, Trump Admin Expands Importation Of Foreign Workers

Despite record unemployment claims exceeding 3 million in one week, President Donald Trump's administration is rapidly expanding H-1B, H-2A and H-2B foreign worker programs to take Americans' jobs and suppress wages.

Mar 30 04:42

The Fate Of The Fantastic Four (Of Financial Engineering)

From the Felder Report

It was just over two years ago I wrote about The Fantastic Four That Make FANG Look Tame. McDonald’s, Caterpillar, Boeing and 3M, known in these pages as MCBM, had seen their stock prices, as a group, soar over 120% during the prior two years, more than doubling the performance of the S&P 500 and blowing away any other group you might want to compare them to including the vaunted FANG stocks (Facebook, Amazon, Netflix and Google).

The success of this financial engineering, however, is already coming into question. Since that earlier post on the topic, the MCBM stocks have dramatically underperformed the market.

Webmaster's Commentary: 

OUCH!!!!

Mar 30 04:31

Putin Says 'The Rich Must Pay' for the Corona-Virus

ladimir Putin has decided how Russia is going to pay for the corona-virus.

He’s going to tax the rich.

Webmaster's Commentary: 

If this guy is not the adult in the room in geopolitics, at least 1500 chess moves ahead of the others, I do not know who is.

Mar 30 04:28

A PLAN YOU CAN’T TRUST! 

The corona virus is real, but we’ve had many waves of flu viruses throughout the years. Many thousands die each year from the flu. Our elderly and infirm are the hardest hit. This time the deaths are being magnified by the Fear Porn Channels. Statistics are controlled and manipulated to produce panic and hysteria.

The Democrats failed with their Russia collusion lie. They failed with impeachment. They are all for this hysteria because they can blame it all on Trump.

Trish Regan was just fired from Fox Business Network because she called out concerns that the Chinese coronavirus was just another attempt to impeach President Donald Trump.

That was too close to the truth for Fox. They fired her.

Mar 29 16:08

Offshoring Left the U.S. Unprepared for Coronavirus

Supply chains created to boost profits led to production of masks and swabs overseas. Wonder why there’s a shortage now?

Mar 29 14:01

THE MOST IMPORTANT VIDEO YOU WILL EVER WATCH ABOUT NWO PLANS BEING IMPLEMNETED -World Economic Forum

This is very important video and as former Congresswoman Cynthia McKinney, PhD. says "Super Important Video to Watch; Super Duper Website to Study: What comes after COVID-19 government mobilizations?"

Celeste Solum - Used to work for FEMA and became a true Whistleblower. Here, she goes over the World Economic Forum website so you will understand the connection with Covid-19 and the NWO and world economics. The World Economic site changes daily as she explains in this important video. So you may want to visit often. More in store for the sheeple each and every day. 200 levels deep - from AI, robots, Police State, Food sourcing, economic plans, special ID for travel, imprisonment, and so much more to put in place. You won't believe, or maybe you will, how much this covers.

Very deep, very scary and may really piss you off. I hope so. Please forward to others.

Mar 29 13:24

Oil Prices Could Fall Another 20%

Mar 29 13:22

Britain faces years of austerity after government's massive coronavirus bailouts amid fears of 2.75million jobless by June and a 10% hit to GDP

Michael Gove hinted at looming austerity today amid grim warnings of a 10 per cent hit to GDP and the jobless total hitting 2.75million by June.

The Cabinet minister said it was right to put the UK into lockdown to limit the spread of the disease, even though it meant spiralling UK debt, as you cannot 'put a price on lives'.

But he said the massive hole left in the country's finances by rescue packages for workers and businesses will need to be paid off 'in due course'.

Mar 29 13:13

Gold Is Now "Unobtanium"

Mar 29 13:11

US faces DEFICIT of GOLD amid coronavirus market rout – media

As the deadly infection spreads across the US, the demand for gold, the all-time safe-haven metal, has skyrocketed, but there is not enough of it in local coffers to satisfy buyers’ appetites, according to The Wall Street Journal.

While dealers are reportedly out of the coveted commodity, and some were even forced to shut down. Swiss bank Credit Suisse, which has been minting gold bullions since the middle if the nineteenth century, has asked customers not to ask for them.

Mar 29 12:23

Coronavirus is Another Live Drill

There is no question that this is a simulation gone live, at least In the West. C'mon folks. They're telling you to your face! Pompeo referred to it as "a live exercise." He refused to deny that it was a hoax! They want us to know. That's why Google relaxed its censorship. They want us to be complicit in our own enslavement.

Mar 29 10:16

Neil Ferguson, the Scientist Who Convinced Boris Johnson of UK Covid Lockdown, Isn’t Very Bright

He was scaremongering that 150,000 people could die from the Mad Cow disease, separately it was on the basis of his flawed foot-and-mouth disease models that the UK ordered the destruction of a gigantic number of perfectly healthy animals costing farmer’s livelihoods and £10bn of totally needless economic damage

The scientist whose calculations about the potentially devastating impact of the coronavirus directly led to the countrywide lockdown has been criticised in the past for flawed research.

Professor Neil Ferguson, of the MRC Centre for Global Infectious Disease Analysis at Imperial College in London, produced a paper predicting that Britain was on course to lose 250,000 people during the coronavirus epidemic unless stringent measures were taken. His research is said to have convinced Prime Minister Boris Johnson and his advisors to introduce the lockdown.

Mar 29 10:03

The First Looting Raids on Italian Supermarkets as Covid Lockdown Drives People to Desperation

Police with batons and guns have moved in to protect supermarkets on the Italian island of Sicily after reports of looting by locals who could no longer afford food.

Another video has been shared around the country showing a father with his young daughter addressing the Italian prime minister, saying: “It’s already 15-20 days that we’ve been inside and we’re at our limit.”

He gestures to his little girl who is eating a piece of bread and says: “Like my daughter, other children in a few days won’t be able to eat this bit of bread. Rest assured, you will regret this because we’re going to have a revolution.”

Mar 29 08:47

Trump Admin Names Gun Makers, Retailers Essential Businesses Nationwide

President Trump’s Department of Homeland Security released updated guidelines naming gun manufacturers and retailers as essential on Saturday, which means they are to stay open and operational nationwide during a Chinese coronavirus shutdown.

The DHS guidelines list as essential:

Workers supporting the manufacturing of safety equipment and uniforms for law enforcement, public safety personnel, and first responders.
Workers supporting the operation of firearm or ammunition product manufacturers, retailers, importers, distributors, and shooting ranges.

Mar 29 08:44

Globalist Bill Gates Says Lockdowns Need To Last 10 Weeks, Possibly 3 Months

Gates is the one who needs to be locked up.

Billionaire globalist Bill Gates recently partook in an “ask me anything” session on Reddit, where users were free to ask him anything he would do his best to respond.

Mar 29 08:36

COVID-19 and Economic Duress a Pretext to Enhance Police State Powers?

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Crises are times when ruling authorities convince people to sacrifice personal freedoms for greater security — not realizing that both will be lost.

Ruling authorities take advantage of times like now by instituting draconian policies they’re unable to introduce during normal times without risking mass rebellion.

Mar 29 08:33

Lockdown Lunacy

Former Ministry of Health director-general Prof. Yoram Lass has been regularly interviewed by the Israeli media since the coronavirus outbreak first started. But in contrast to the prophets of doom and deep concern shown by most medical professionals, he has presented a somewhat different and controversial opinion. Prof. Lass feels that it is wrong to shut down the entire country because of a virus that is ultimately less of a killer than the flu. In other words, he is saying that taking into account the cost benefits, it is preferable ‘to sacrifice’ the elderly so that daily life can go on as normal. This is an outlook that has antagonized many and has made him a ‘persona non grata’ in the TV interview studios.

Lass is at peace with himself over all this and with the voices calling him ‘deluded.” “I didn’t invite myself to the studios,” he told “Globes,” “and I’m prepared to give my opinion to everybody who is ready to listen.”

Mar 29 08:30

How deadly is the coronavirus? It’s still far from clear

personal freedom in the history of our nation, Boris Johnson resolutely followed the scientific advice that he had been given. The advisers to the government seem calm and collected, with a solid consensus among them. In the face of a new viral threat, with numbers of cases surging daily, I’m not sure that any prime minister would have acted very differently.

But I’d like to raise some perspectives that have hardly been aired in the past weeks, and which point to an interpretation of the figures rather different from that which the government is acting on. I’m a recently-retired Professor of Pathology and NHS consultant pathologist, and have spent most of my adult life in healthcare and science – fields which, all too often, are characterised by doubt rather than certainty.

Mar 29 07:59

How the Fed Fixed the Repo Crisis

Mar 29 07:26

This Virus Kills Zombies Too

Mar 29 06:37

NYPD RELEASES ORWELLIAN VIDEO OF DRONES SPYING ON CITIZENS TO ENFORCE SOCIAL DISTANCING

SOURCE: THE FREE THOUGHT PROJECT

In a matter of weeks, Americans have watched a police state unfold in front of their eyes. The phrase “that could never happen here” has taken a back seat to “omg what will they do next.” Well, next up on the “holy sh*t we have reached 1984 status” list is the fact that residents in New York and California are now being monitored by drones — and officials are bragging about it.

On Thursday, Police Commissioner Dermot Shea posted a video to Twitter of some of the aerial footage over multiple locations throughout the city of New York, including Carl Schurz Park, Inwood Hill Park and Juniper Valley Park.

Sadly enough, some folks took to the tweet thread to beg the commissioner to bring the drones to their neighborhood. “Come to Borough Park, my neighborhood. Not the case here!” one Twitter user wrote.

“Go to Grand concourse not the case there. Good job officers, keep on doing great things. Praying for all of you,” wrote another.

Webmaster's Commentary: 

Of COURSE, elements of the State will always refute on camera what they will actually do, given the opportunity; the use of this surveillance in this manner, is absolutely exemplary of such behaviour.

Mar 29 06:12

NYPD RELEASES ORWELLIAN VIDEO OF DRONES SPYING ON CITIZENS TO ENFORCE SOCIAL DISTANCING

SOURCE: THE FREE THOUGHT PROJECT

In a matter of weeks, Americans have watched a police state unfold in front of their eyes. The phrase “that could never happen here” has taken a back seat to “omg what will they do next.” Well, next up on the “holy sh*t we have reached 1984 status” list is the fact that residents in New York and California are now being monitored by drones — and officials are bragging about it.

On Thursday, Police Commissioner Dermot Shea posted a video to Twitter of some of the aerial footage over multiple locations throughout the city of New York, including Carl Schurz Park, Inwood Hill Park and Juniper Valley Park.

Sadly enough, some folks took to the tweet thread to beg the commissioner to bring the drones to their neighborhood. “Come to Borough Park, my neighborhood. Not the case here!” one Twitter user wrote.

“Go to Grand concourse not the case there. Good job officers, keep on doing great things. Praying for all of you,” wrote another.

Webmaster's Commentary: 

Of COURSE, elements of the State will always refute on camera what they will actually do, given the opportunity; the use of this surveillance in this manner, is absolutely exemplary of such behaviour.

Mar 29 05:56

FRIGHTENED MOBS IN PERU BURN HUNDREDS OF BATS WITH TORCHES AS CORONAVIRUS HYSTERIA GROWS

(TMU) — As the coronavirus outbreak continues to grow, misinformation in the form of fake news, rumors, and gossip have continued to feed mass hysteria and panic over the deadly disease.

In Peru, this has resulted in locals attempting to fight CoViD-19 by attacking communities of bats despite the fact that the novel virus still hasn’t been decisively proven to have originated from the winged creature.

On Wednesday, the Peruvian government issued a statement warning residents to stop killing bats after authorities were forced to intervene when roughly half a thousand of the flying mammals came under attack by gangs of peasants hoping to exterminate what they believed were carriers of the disease, reports Peruvian network América Noticias.

Webmaster's Commentary: 

Being essentially ignored by one's government because you are poor, coupled with misinformation, leads to public behaviour like this.

And unfortunately, as this article from last July indicates, poverty is again on the rise in Peru.

POVERTY ON THE RISE IN PERU

Mar 28 23:17

South Korea reveals how to win Covid-19 war

Remarkably – and contrary to Chinese and European practice – South Korea has achieved this without nationwide, province-wide or even city-wide lockdowns.

“The approach we have taken, we believe, has been quite successful in the battle against Covid-19,” Chung told masked reporters, after, of course, the press briefing location had been disinfected by an official in biohazard gear.

Mar 28 19:41

Coronavirus USA: Listen To This Report. Now.

How the Pandemic Will End: The U.S. may end up with the worst COVID-19 outbreak in the industrialized world. This is how it’s going to play out. (via Tha Atlantic)

Rich, strong, developed, America is supposed to be the readiest of nations. That illusion has been shattered. Despite months of advance warning as the virus spread in other countries, when America was finally tested by COVID-19, it faile....

It’s likely, then, that the new coronavirus will be a lingering part of American life for at least a year, if not much longer.

Mar 28 11:23

Tom Brady Awakens From Week-Long Kombucha Bender To Discover He’s A Tampa Bay Buccaneer

In lighter news.......

TAMPA BAY—Skeptically looking down at the red jersey laying on the floor beside empty bottles of probiotics, a bleary-eyed Tom Brady woke up from a week-long long kombucha bender Thursday to discover that he signed with the Tampa Bay Buccaneers. “Ugh, the last thing I remember was taking that shot of ginger lemon tea,”.....

Mar 28 11:16

BREAKING: Coronavirus is afraid of coming into contact with Joe Biden

The dreaded coronavirus, which is warranting strict social distancing measures across the country, is employing its own social distancing measures to hide from Democratic presidential candidate Joe Biden.

“Forget six feet,” the deadly virus said, “I don’t want to touch him with a 39-and-a-half-foot pole!”

While a recent poll showed that 97 percent of respondents are afraid of catching coronavirus, the coronavirus is in fact afraid of catching Joe Biden.

Mar 28 11:14

Toilet Paper Crisis Solved As Government Prints Trillions Of Fresh, Soft Dollar Bills

USA--As part of a sweeping initiative to help unclog the economic constipation caused by the coronavirus quarantine, the White House announced they are printing out fresh, crisp dollar bills for every US citizen.

Mar 28 10:22

A Brady Bond solution for America’s Economic Crisis and Unpayable Corporate Debt*

By Michael Hudson and Paul Craig Roberts

March 26, 2020 "Information Clearing House" - Even before the Covid-19 crisis had slashed stock prices nearly in half since it erupted in January, financial markets were in an inherently unstable condition. Years of quantitative easing had loaded so much money into stock and bond prices that stock price/earnings multiples and bond prices were far too high by any normal and reasonable historical standards. Risk premiums have disappeared, with only a few basis points separating U.S. Treasury bills and corporate bonds.

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