26-07-21 01:50:00, “This work was strictly voluntary, but any animal that absented himself from it would have his rations reduced by half.”
George Orwell, Animal Farm
Everything is now political.
ESG, climate change, racism, gender, vaccines. Ask yourself why is it that all of these things are non-negotiable? Why can’t they be discussed? Why is there no room for dissent, questioning, and discourse?
Something is amiss. Think about it.
The pointy shoes at the IMF tell us that the pandemic will cost the world $28 trillion by 2025, which means it’ll be much, much more.
The truth is the pandemic isn’t the cause. The lockdowns, however, are.
Understanding what exactly this “pandemic” is, is really critical to understanding everything taking place globally and in financial markets both now and in the future.
This virus is statistically as dangerous to the population as a bad flu. “No, not possible, Chris. Look at the response by governments. Surely that’s disproportionate.” Yes, it is, but there is a reason.
To understand the answer to this more fully we need to go back to 2008 and then walk forward tracking the unfolding events.
Following the housing crash and subsequent banking crisis QE was brought in as the tool to “fix” what could have and should have been fixed by letting the banks fail and putting on trial and jailing Wall Street bankers as well as regulatory agencies who were all willfully and knowingly involved in a massive fraud.
The economy has been hanging by a thread ever since.
Then in 2019 the money market seized up with the overnight lending rate shooting up, causing the pointy shoes at the Fed (and the ECB in coordination with the BOE, too) to step in to “fix” it.
They printed upwards of 100 million smackaroos PER NIGHT.
Bankers should have been screaming… but they’re not. Why?
Since the beginning of 2020 the major central banks around the world have expanded the money supply by anywhere from 30% to… how do I even say this without my throat catching? Better yet a visual to display the situation.
The central banks would have struggled to do this without drawing attention to their scandalous behaviour if it weren’t for the scapegoat of Covid.