Many people are concerned today with the low price of oil. Others are concerned about slowing or stopping COVID-19. Is there any way forward?
I gave a few hints regarding what is ahead in my last post, Economies won’t be able to recover after shutdowns. We live in a world with a self-organizing economy, made up of components such as businesses, customers, governments and interest rates. Our basic problem is a finite world problem. World population has outgrown its resource base.
Some sort of economy might work with the current resource base, but not the present economy. The COVID-19 crisis and the lockdowns used to try to contain the crisis push the economy farther along the route toward collapse. In this post, I suggest the possibility that some core parts of the world economy might temporarily be saved if they can be made to operate fairly independently of each other.
Let’s look at some parts of the problem:
[1] The world economy works like a pump.
To use a hand water pump, a person forces a lever down, and the desired output (water) appears. Human energy is required to power this pump. Other versions of water pumps use electricity, or burn gasoline or diesel. However the pump operates, there needs to be some form of energy input, for the desired output, water, to be produced.
An economy follows a similar pattern, except that the list of inputs and outputs is longer. With an economy, we need the following inputs, including energy inputs:
- Human energy
- Supplemental energy, such as burned biomass, animal power, electricity, and fossil fuel.
- Other resources, including fertile land, fresh water and raw materials of various kinds.
- Capital goods, built in previous cycles of the “pump.” These might include factories and machines to put into the factories.
- Structure and support provided by governments, including laws, roads and schools.
- Structure and support provided by business hierarchies and their innovations.
- A financial sector to provide a time-shifting function, so that goods and services with future value can be paid for (in actual physical output) over their expected lifetimes.
The output of the economy is goods and services, such as the following:
- Food and the ability to store and cook this food
- Other goods, such as homes, cars, trucks, televisions and diesel fuel
- Services such as education, healthcare and vacation travel
[2] Adequate growth in supplemental energy (such as fossil fuels) is important for keeping the economy operating properly.
The more human energy is applied to a manual water pump, the faster it can pump. The economy seems to work somewhat similarly.
If we look back historically, the world economy grew well when energy supplies were growing rapidly.
Figure 2. Average growth in energy consumption for 10 year periods, based on the estimates of Vaclav Smil from Energy Transitions: History, Requirements and Prospects (Appendix) together with BP Statistical Data for 1965 and subsequent.
Economic growth encompasses both population growth and rising standards of living. Figure 3 below takes the same information used in Figure 2 and divides it into (a) the portion underlying population growth, and (b) the portion of the energy supply growth available for improved standards of living.
Figure 3. Figure similar to Figure 2, except that energy devoted to population growth and growth in living standards are separated. An ellipse is added showing the recent growth in energy is primarily the result of China’s temporary growth in coal supplies.
Looking at Figure 3, we see that, historically, more than half of energy consumption growth has been associated with population growth. There is a reason for this connection: Food is an energy product for humans. Growing food requires a lot of energy, both energy from the sun and other energy. Today, a large share of this other energy is provided by diesel fuel, which is used to operate farm equipment and trucks.
Another thing we can see from Figure 3 is that peaks in living standards tend to go with good times for the economy; valleys tend to go with bad times. For example, the 1860 valley came just before the US Civil War. The 1930 valley came between World War I and World War II, at the time of the Great Depression. The 1991-2000 valley corresponds to the reduced energy consumption of many countries affiliated with the Soviet Union after its central government collapsed in 1991. All of these times of low energy growth were associated with low oil (and food) prices.
[3] Even before COVID-19 came along, the world’s economic pump was reaching limits. This can be seen in several different ways.
(a) China’s problems. China’s growth in coal production started lagging about 2012 (Figure 4). As long as its coal supply was growing rapidly (2002 to 2012), this rapidly growing source of inexpensive energy helped pull the world economy along.
Figure 4. China energy production by fuel, based on 2019 BP Statistical Review of World Energy data. “Other Ren” stands for “Renewables other than hydroelectric.” This category includes wind, solar, and other miscellaneous types, such as sawdust burned for electricity.
Once China needed to depend on importing more energy to keep its energy consumption growth, it began running into difficulties. China’s cement production started to fall in 2017. Effective January 1, 2018, China found it needed to shut down most of its recycling. Auto sales suddenly starting falling in 2018 as well, suggesting that the economy was not doing well.
(b) Too much world debt growth. It is possible to artificially raise economic growth by offering purchasers of goods and services debt that they cannot really afford to pay back, to use for the purchase of goods and services. Clearly, this was happening before the 2008-2009 recession, leading to debt defaults at that time. The rise in debt to GDP ratios since that time suggest that it is continuing to happen today. If the world economy stumbles, much debt is likely to become impossible to repay.
(c) The need to lower interest rates to keep the world economy growing. If the world economy is growing rapidly, as it was in the 1950s, 1960s and 1970s, the economy is able to grow in spite of increasing interest rates (Figure 5). After energy supply growth slowed about 1980 (Figure 2), interest rates have needed to fall (Figure 5) to hide the slowing energy consumption growth. In fact, interest rates are near zero now, similar to the way they were in the 1930s. Interest rates are now about as low as they can go, suggesting that the economy is reaching a limit.
Figure 5. 3-month and 10-year US Treasury rates. Graph provided FRED.
(d) Growing wage disparity. Increased technology is viewed positively, but if it leads to too much wage disparity, it can create huge problems by bringing the wages of non-elite workers below the level they need to support a reasonable lifestyle. Globalization adds to this problem. Income disparity is now at a peak, around the level of the late 1920s.
Figure 6. U. S. Income Shares of Top 1% and Top 0.1%, Wikipedia exhibit by Piketty and Saez.
(e) Excessively low commodity prices, even before COVID-19 problems. With the world’s wage disparity problem, many workers find themselves unable to afford homes, cars, and restaurant food. Their lack of purchasing power to buy these end products tends to keep commodity prices too low for producers to make an adequate profit. Oil prices were already too low for producers in 2019, before lockdowns associated with COVID-19 were added. Producers of oil will go out of business at this price. In fact, other commodity prices, including those of liquified natural gas, copper, and lithium are all too low for producers.
[4] The COVID-19 problem, and in fact epidemic problems in general, are not going away.
The publicity recently has been with respect to the COVID-19 virus and the need to “flatten the curve” of infected individuals, so that the health care system is not overwhelmed. The solutions offered revolve around social distancing. This includes reduced air travel and fewer large gatherings.
The problem with these solutions is that they make the world’s problems related to slow economic growth and too much debt a great deal worse. Growing businesses are built on economies of scale. Social distancing requirements lead to less efficient use of buildings and furnishings. For example, if a restaurant can only serve 25% as many customers as previously, its overhead quickly becomes too high, relative to the customers it can serve. It needs to lay off workers. Laid off workers add to the problem of low demand for goods like new homes, vehicles and gasoline. Indirectly, they push commodity prices of all kinds down, including oil prices.
If this were a two-week temporary problem, the situation might be tolerable, but the virus causing COVID-19 is not easily subdued. Many cases of COVID-19 seem to be infectious during their latency period. They may also be infectious after the illness seems to be over. Without an absurd amount of testing (plus much more accurate testing than seems to be really available), it is impossible to know whether a particular airline pilot for a plane bringing cargo is infectious. No one can tell whether a factory worker going back to work is really infectious, either. Citizens don’t understand the futility of trying to contain the virus; they expect that an ever-large share of our limited resources will be spent on beating back the virus.
To make matters worse, from what we know today, a person cannot count on life-long immunity after having the disease. A person who seems to be immune today, may not be immune next week or next year. Putting a badge on a person, showing that that person seems to be immune today, doesn’t tell you much about whether that person will be immune next week or next year. With all of these issues, it is pretty much impossible to get rid of COVID-19. We will likely need to learn to live with it, coming back year after year, perhaps in mutated form.
Even if we could somehow work around COVID-19’s problems, we can still expect to have other pandemic problems. The problem with epidemics has existed as long as humans have inhabited the earth. Antibiotics and other products of the fossil fuel age have allowed a temporary reprieve from some types of epidemics, but the overall problem has not disappeared. Our attention is toward COVID-19, but there are many other kinds of plant and animal epidemics we are facing. For example:
- Bananas are being attacked by a fungus in many parts of the world.
- African swine fever has killed tens of millions of pigs in China and elsewhere.
- Locusts are attacking crops in Africa.
- Human pathogens are constantly evolving, so that today’s antibiotics work much less well.
Even if COVID-19 does not do significant harm to the world economy, with all of the resource limits and economic problems we are encountering, certainly some future worldwide pandemic will.
[5] Historically, the way the world economy has been organized is as a large number of almost separate economies, each acting like a separate economic pump. Such an arrangement is much more stable than a single tightly networked world economy.
If a world economy is organized as a group of individual economies, with loose links to other economies, there are several advantages:
(a) Epidemics become less of a problem.
(b) Each economy has more control over its own future. It can create its own financial system if it desires. It can decide who owns what. It can decree that wages will be very equal, or not so equal.
(c) If population rises relative to resources in one economy, or if weather/climate takes a turn for the worse, that particular economy can collapse without the rest of the world’s economy collapsing. After a rest period, forests can regrow and soil fertility can improve, allowing a new start later.
(d) The world economy is in a sense much more stable, because it is not dependent upon “everything going correctly, everywhere.”
[6] The COVID-19 actions taken to date, together with the poor condition the economy was in previously, lead me to believe that the world economy is headed for a major reset.
Recently, we have experienced world leaders everywhere falling in line with the idea of shutting down major parts of their economies, to slow the spread of COVID-19. Citizens are worried about the illness and want to “do something.” In a way, however, the shutdowns make no sense at all:
(a) Potential for starvation. Any world leader should know that a large share of its population is living “on the edge.” People without savings cannot get along without income for for a long period, maybe not even a couple of weeks. Poor people are likely to be pushed toward starvation, unless somehow income to buy food is made available to these people. This is especially a problem for India and the poor countries of Africa. The loss of population in poor countries due to starvation is likely to be far higher than the 2% death rate expected from COVID-19.
(b) Potential for oil prices and other commodity prices to fall far too low for producers. With a large share of the world economy shut down, prices for many goods fall too low. As I am writing this, the WTI oil price is shown as $1.26 per barrel. Such a low price is simply absurd. It will cut off all production. If food cannot be sold in restaurants, its price may fall too low as well, causing producers to plow it under, rather than send it to market.
(c) Potential for huge debt defaults and huge loss of asset value. The financial system is built on promises. These promises can only be met if oil can continue to be pumped and goods made with fossil fuels can continue to be sold. Today’s economic system is threatening to fall apart. Even at this point in the epidemic, we are seeing a huge problem with oil prices. Other problems, such as problems with derivatives, are likely not far away.
The economy is a self-organizing system. If there really is the potential for some parts of the world economic system to be saved, while others are lost, I expect that the self-organizing nature of the system will work in this direction.
[7] A reset world economy will likely end up with “pieces” of today’s economy surviving, but within a very different framework.
There are clearly parts of the world economy that are not working:
- The financial system is way too large. There is too much debt, and asset prices are inflated based on very low interest rates.
- World population is way too high, relative to resources.
- Wage and wealth disparity is too great.
- Too much of income is going to the financial system, healthcare, education, entertainment, and travel.
- All of the connectivity of today’s world is leading to epidemics of many kinds traveling around the world.
Even with these problems, there may still be some core parts of the world economy that perhaps can be made to work. Each would have a smaller population than today. They would function much more independently than today, like mostly separate economic pumps. The nature of these economies will be different in different parts of the world.
In a less connected world, what we think of today as assets will likely have much less value. High rise buildings will be worth next to nothing, for example, because of their ability to transfer pathogens around. Public transportation will lose value for the same reason. Manufacturing that depends upon supply lines around the world will no longer work either. This means that manufacturing of computers, phones and today’s cars will likely no longer be possible. Products built locally will need to depend almost exclusively on local resources.
Pretty much everything that is debt today can be expected to default. Shares of stock will have little value. To try to save parts of the system, governments will need to take over assets that seem to have value such as farm land, mines, oil and gas wells, and electricity transmission lines. They will also likely need to take over banks, insurance companies and pension plans.
If oil products are available, governments may also need to make certain that farms, trucking companies and other essential users are able to get the fuel they need so that people can be fed. Water and sanitation are other systems that may need assistance so that they can continue to operate.
I expect that eventually, each separate economy will have its own currency. In nearly all cases, the currency will not be the same as today’s currency. The currency will be paid only to current workers in the economy, and it will only be usable for purchasing a limited range of goods made by the local economy.
[8] These are a few of my ideas regarding what might be ahead:
(a) There will be a shake-out of governmental organizations and intergovernmental organizations. Most intergovernmental organizations, such as the United Nations and European Union, will disappear. Many governments of countries may disappear, as well. Some may be overthrown. Others may collapse, in a manner similar to the collapse of the central government of the Soviet Union in 1991. Governmental organizations take energy; if energy is scarce, they are dispensable.
(b) Some countries seem to have a sufficient range of resources that at least the core portion of them may be able to go forward, for a while, in a fairly modern state:
- United States
- Canada
- Russia
- China
- Iran
Big cities will likely become problematic in each of these locations, and populations will fall. Alaska and other very cold places may not be able to continue as part of the core, either.
(c) Countries, or even smaller units, will want to continue to limit trade and travel to other areas, for fear of contracting illnesses.
(d) Europe, especially, looks ripe for a big step back. Its fossil fuel resources tend to be depleted. There may be parts that can continue with the use of animal labor, if such animal labor can be found. Big protests and failing debt are likely by this summer in some areas, including Italy.
(e) Governments of the Middle Eastern countries and of Venezuela cannot continue long with very low oil prices. These countries are likely to see their governments overthrown, with a concurrent reduction in exports. Population will also fall, perhaps to the level before oil exploration.
(f) The making of physical goods will experience a major setback, starting immediately. Many supply chains are already broken. Medicines made in India and China are likely to start disappearing. Automobile manufacturing will depend on individual countries setting up their own manufacturing supply chains if the making of automobiles is to continue.
(g) The medical system will suffer a major setback from COVID-19 because no one will want to come to see their regular physician anymore, for fear of catching the disease. Education will likely become primarily the responsibility of families, with television or the internet perhaps providing some support. Universities will wither away. Music may continue, but drama (on television or elsewhere) will tend to disappear. Restaurants will never regain their popularity.
(h) It is possible that Quantitative Easing by many countries can temporarily prop up the prices of shares of stock and homes for several months, but eventually physical shortages of many goods can be expected. Food in particular is likely to be in short supply by spring a year from now. India and Africa may start seeing starvation much sooner, perhaps within weeks.
(i) History shows that when energy resources are not growing rapidly (see discussion of Figure 3), there tend to be wars and other conflicts. We should not be surprised if this happens again.
Conclusion
We seem to be reaching the limit of making our current global economic system work any longer. The only hope of partial salvation would seem to be if core parts of the world economy can be made to work in a more separate fashion for at least a few more years. In fact, oil and other fossil fuel production may continue, but for each country’s own use, with very limited trade.
There are likely to be big differences among economies around the world. For example, hunter-gathering may work for a few people, with the right skills, in some parts of the world. At the same time, more modern economies may exist elsewhere.
The new economy will have far fewer people and far less complexity. Each country can be expected to have its own currency, but this currency will likely be used only on a limited range of locally produced goods. Speculation in asset prices will no longer be a source of wealth.
It will be a very different world!
Bars and other entertainment venues were finally allowed to reopen their doors on Friday after more than a month of coronavirus measures, but Hong Kong’s famed nightlife scene was far from buzzing as people remained wary over the potential risk of infection.
Under the latest arrangements, bars and pubs were allowed to resume operations under certain conditions, including capping the number of customers at no more than half of the original capacity, sitting no more than four people to a table and no live music.
California Tower in the heart of Lan Kwai Fong, the city’s main entertainment district, displayed large posters urging revellers to “stay safe and play safe” and masks, temperature checks and hand sanitiser were a must for patrons. (WOW – this sounds like FUN FUN FUN!!! — Why bother opening under these conditions)
Cinema-goer Robert Wharmby went to see a movie in Central – with only three people in the audience. He said their temperatures were checked upon arrival and everyone wore a mask.
And…. they’ll likely end up closing again if this is any indication:
But as Hong Kong eased its rules, there was a stark reminder from South Korea. The government there was advising its bars and nightclubs to again close for a month after a cluster of at least 13 new infections was reported following the reopening of premises in late April when the original closure order ended.
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3083480/hong-kong-sees-no-new-covid-19-cases-friday-city
I’ve been to wakes which were livelier than those ‘re-opened’ clubs! Who would bother to go?
Spain’s re-opening is very patchy, and the govt. is threatening closing things down again if infections tick up.
My cousin still can’t legally swim in the sea under his windows, even at dawn when he would be totally alone there.
They have opened up the family swimming pool business again, and have been surprised to hear that quit a few regular customers in their mid-50’s have died, both men and women. But the survivor of course still has a pool, so no business impact.
Open, close, open close, what a farce govt’s have boxed themselves into!
Ted Kaczynski and Geetaaa are behind this!
It’s all part of the plan…. the PR man in me says this is how that went down in the meeting:
‘So guys the psych guys say that some people – the moderately SDR – will begin to oppose the lockdowns and they’ll take to the streets and protest… yes that is expected … so we will appease them by unlocking a little… but we will put plastic partitions in restaurants and on planes… to remind them to be afraid of other people…. we’ll limit the number of people allowed in places including airplanes — which will remind them it’s not safe…we’ll relock where necessary as part of I told you so…. we’ll continue to highlight places where there are lots of flu cases to keep them afraid of the wolves……. so we’ll unlock but we won’t really unlock’
And then the special forces anti-terrorist expert who’s been sitting in the corner quietly stroking his weapon will say ‘and for those who get a little out of hand, we’ve got a billion or so hollow points in the warehouse….’
https://thumbs.gfycat.com/PresentAdeptCony-size_restricted.gif
https://oilprice.com/Energy/Crude-Oil/Goldman-Sachs-Oil-Demand-Could-Exceed-Supply-By-End-May.html
The first oil in storage to go would be the millions of barrels in floating storage. It is the most expensive kind of storage, so it would make sense that traders and producers would first aim to get rid of it to save on tanker fees. Currie says this will happen sometime in the third quarter of the year. The amount of oil removed from floating storage will be around 450 million barrels. In the fourth quarter of the year, oil stockpiles in onshore storage will begin to decline, Currie said, by up to 400 million barrels.
However, a strong rebound in prices is unlikely to take place anytime soon–and such a rebound would be undesirable. If Brent rises above $30 a barrel, Goldman’s commodity analysis head argues, it would spur a rebound in production, implying a rebound in supply, and a rebound in supply will immediately pressure prices yet again.
I can’t see oil demand bouncing back by a huge amount by the end of May. We still have the airlines mostly not operating. We have a lot of countries in horrible financial condition (with their currencies very low relative to the dollar). They are not going to be able to afford much more oil by the end of May.
https://www.breitbart.com/politics/2020/05/08/exclusive-sen-pat-toomey-calls-for-reopening-america-faster-danger-of-coronavirus-to-most-americans-ov
“Sen. Pat Toomey (R-PA) told Breitbart News in an exclusive interview on Friday that American political leaders are “overstating the danger” of coronavirus to most Americans while “underestimating” the economic “carnage” that lockdowns nationwide are causing.”
what do we want? a total reopening…
and when do we want it? now…
But, we have an awfully lot of voters who think, “There is a possibility that I personally might die from COVID-19. In fact, some of my relatives might die as well.” Many of these people are either retired or in jobs that can be performed at home. So they see no particular problem with shutting down other people’s jobs, especially of the government promises these folks extra money. And they fully expect a V-shaped recovery.
https://www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-tops-25-trillion-first-time-jumped-1-trillion
“Federal Debt Tops $25 Trillion for First Time; Jumped $1 Trillion in Just 28 Days”
$1 trillion here, $1 trillion there; pretty soon it adds up to real money.
At what point do the sheeple get afraid — 1 trillion per week? 1 trillion per day? 1 trillion per hours?
I suppose if CNBC(S) says per hour is just ‘the new normal’ they’d be ok with that?
Sheep are never frightened by numbers because after a certain sum everything becomes too abstract, and economics is in effect a highly abstract matter. I reckon the average person can only imagine ten million dollars or so, more than that is not conceivable for most. I guesstimate 92,7% of the population are finantialy iliterate.
New bill could give Americans $2,000 monthly coronavirus stimulus checks for up to 90 days after pandemic
https://www.the-sun.com/news/801005/democratic-senators-2000-monthly-coronavirus-payment/
“The Act is being pitched by Senators Kamala Harris, Bernie Sanders and Ed Markey.”
I don’t think the more moderate senators would vote for this…
but, why not?
UBI for the sheeple…
hand out the free money!
Doom P or n Charts — exciting!!!
Each one is like a splash of holy water onto the evil human beast…
https://wolfstreet.com/2020/05/08/collapse-of-the-us-labor-market-in-5-charts-employment-plunged-to-1999-level-everythings-a-gut-wrenching-record/
the labor participation rate is down to 51%…
not good, but not the end of the world…
trends continue until they don’t… the trend is definitely straight into the Greater Depression…
no one knows if/when things will get worse than that…
to be continued…
https://www.breitbart.com/economy/2020/05/08/silver-lining-nearly-80-of-unemployed-say-layoff-is-just-temporary/
“The overwhelming majority of Americans who lost their jobs in April say they have only been temporarily laid off or furloughed.”
this is not a surprise…
when summer and autumn arrive and the majority don’t have their jobs back, there will be a dawning awareness of the new normal…
it’s a slowly unfolding crisis, but the depths are coming…
It is a temporary layoff….. they won’t return because they will be dead
It’s much worse than that because loads of people had already dropped off the counter pre covid
Lies lies lies and more lies
This problem is happening around the world as well. I wonder what India’s charts would look like?
People don’t understand the important role that “demand” plays. People who don’t have jobs, or some temporary government payment to replace wage loss, are not going to be able to buy goods and services. This is what “gums up the system.”
As Sir Humphrey Appleby said, most government spending is symbolic. And in Japan, the Government has been funding millions of jobs that produce little in terms of value since as far back as 1990.
The reasons for doing this are to keep up appearances, keep people occupied, keep unemployment off the streets, and ensure that everyone who wants to work has a place, even if nobody needs or wants the products or services they produce.
If people don’t have jobs, they need to be paid unemployment benefit or welfare. For a little extra, they can also have the dignity and self-respect of being employed doing something that the government has decided needs to be done, for some symbolic purpose or other.
A lot of “green” studies have been funded by government agencies. When I have talked to young Ph. D. recipients (and others), they all indicate a need to tailor their careers toward where the money is. Of course, the academic journals are tailored the same way. Peer reviewers check to see that the “party line” is being followed.
Which of course is why science can be just as faddish as any other endeavor.
Different commenters including Tsubion have accused people here of hating humans in general or self hating or being negative. It seems off base and it sure doesn’t describe me. I very much love people and love life. I enjoyed being an RN in many different settings over the years, and I did Big Brother type of mentorship for 20 years. My friends would describe me as helpful and bright in attitude. Hardly someone saddled with a hating disorder. If you want to see self hatred go to the environmentalist crowd!
I said I take some solace in knowing that on the extinction of humans suffering would end. I see human suffering as distinct from animals in so many ways. Humans have regrets, guilt, hatred and so much more that they carry around. I see animals as relative innocents.
In general right now I am trying to frame what our civilization ending and potential extinction or severe die off entails. I am trying to prepare psychologically for what is to come. I have gotten some benefit from some videos like this.
https://www.youtube.com/watch?v=j7GZrgWKj9o
Grave Matters The role of death in life by Sheldon Solomon
Solomon expands on Ernest Becker’s work about death. Becker said that understanding our own mortality is what makes us uniquely human, and how we deal with that understanding is a defining characteristic of our lives. Becker received a Pulitzer in 1973 for his book The Denial of Death.
To people like Tsubion who writes about fighting to the end I have to wonder how psychologically fit THAT is. It reminds me of Dylan Thomas writing Do Not Go Gentle Into That Good Night, (fight fight, until the coming of the light), and I have to ask ,Why? To what end? I don’t get it.
I plan to bow out gracefully, and at peace, I hope. And having that as an intention gives me a little solace too.
“You know that pain and guilt […] make us who we are. If we lose them, we lose ourselves. I don’t want my pain taken away. I need my pain.” Kirk from Star Trek.
Suffering is reality, reality is not terribly pleasant sometimes, especially when we reach our own limits. Life is not easy, but it is a beautiful world.
Dennis L.
I see no downside of eliminating pain … anything more than a pinch level of pain should be disallowed… at least then I will get a single if I touch a hot stove so I know to move my hand
If pain is so awesome then we should go back to drilling teeth without the needle…
It is the knowledge that each of us will die that makes us human, according to Becker.
I would point out that economies are finite as well. They also have to come to an end. They are also dissipative structures. We are convinced that economies can expand forever. This is the basis of economic modeling. This is what allows economists to assume more and more debt and other promises of future goods and services.
Hating specific people and hating humans is a different thing.
I can say I like quite a few people (even though most of them are SDR)…. but as a concept I can say that I do hate humans.
Well not so much hate. It’s more like I feel that the planet would be better off if we were gone.
I will be happy when we are eradicated. It’s like cancer… do I hate cancer? Not really…
What do you think LP? If you are an environmentalist then surely you must agree.
but but but why haven’t you done the good deed yet?
you’re not a coward are you?
That would as futile a gesture as G3T trying to eliminate Wuhan with a lockdown.
That said – if you gave me the trigger that could launch every nuclear weapon in the world … I’d push it. 100%
it got you thinking
people that talk that way are usually clinically depressed
like my neighbour that blew herself up in a gasoline drenched car the other day
she’d had enough – she couldn’t take any more – she opted out
now her relatives and neighbours have to live with the aftermath
the rest of us are nowhere near as depressed
i worry that some people appear to embrace the downward slide with relish – they welcome it like it’s some wonderful gift
i would not want to be around such people – i would not have them on my team
What’s wrong with wanting to rid the planet of cancer?
If your mother had cancer would you not want her cured?
Or would you instead do everything you could to ensure the cancer spread?
https://thedevivalii.files.wordpress.com/2018/04/quote-human-beings-are-a-disease-a-cancer-of-this-planet.jpg
WTI is up above $24…
I had a hunch and looked at the volume of contracts…
in the first week of March and April, volume was around 1,000,000 contracts per day…
in the first week of May, daily volume was in the 300,000 to 400,000 range…
so it may be that the traders who lost big money on the negative prices in April have dropped out of the game… something has changed… does anyone know what the much lower volume means?
as of now, I suspect that the trading has organized itself to the point where prices will NOT go negative again for June delivery on the last day of trading for these June contracts which is May 20th…
otherwise, the rising prices are a false optimism by traders who are assuming that lockdowns are ending soon AND that will bring about a swift recovery, maybe even that totally unreasonable V shaped one…
but worldwide production cuts have not been anywhere near enough to prevent all oil storage from becoming completely full within a month or two…
demand has been crushed and will not rebound much at all in the coming months…
unless there are more and much much bigger production cuts, oil prices will be dropping throughout the year…
negative prices now look improbable, but prices in the teens are coming back again…
National Lab Scientists Work to Reprogram Genes to Fight COVID-19
ID2020
Quantum Dot Tattoo
Patent 060606
https://www.nextgov.com/emerging-tech/2020/05/national-lab-scientists-work-reprogram-genes-fight-covid-19/165240/
or you could just use really cheap effective treatments to treat only those that get sick
time to shut down all those government labs
Of course, working with the immune system we have would be a lot cheaper and quicker, I would expect. Less likely to go wrong, I expect, as well.
It’s official….one Healthy buffet style salad/soup/pasta/pizza restaurant chain of ,97 outlets and 4400 employees just shut its doors after 40 years!
Sweet Tomatoes says goodbye!
The FDA had previously put out recommendations that included discontinuing self-serve stations, like self-serve beverages in fast food, but they specifically talked about salad bars and buffets,” Haywood told the paper Thursday. “The regulations are understandable, but unfortunately, it makes it very difficult to reopen. And I’m not sure the health departments are ever going to allow it.
“We could’ve overcome any other obstacle, and we’ve worked for eight weeks to overcome these intermittent financial challenges but it doesn’t work with our model”.
The all-you-can-eat restaurant chain — with help-yourself stations for salads, soup, pizza and focaccia, dessert and drinks — started in San Diego in 1978, then expanded statewide and across the United States.
….. Our Valued Guests, As you may have heard, we are unable to re-open our 97 Souplantation and Sweet Tomatoes restaurants due to the Covid-19 pandemic. The outpouring of love on social media has been overwhelming and we are so grateful to all of the sweet memories you have shared with us. We would like to thank our 4,400 team members for their dedication and love they have shown to our local communities. We will miss you tremendously and wish you all the best.
This is just the beginning of food industry shut downs
Great! Edging closer to extinction with every bankruptcy….
John Williams at Shadowstats has a May 8th update:
http://www.shadowstats.com/alternate_data/unemployment-charts
for the end of April, he calculates USA unemployment at 35.7%
(he states it as March 2020 but I assume that is a typo, since it is a May 8th update…)
obviously, it’s even higher now a week later…
https://news.trust.org/item/20200507135750-21gxq
“In the past six weeks, states have struggled to process over 33 million jobless claims, more than they typically see in a year. That figure does not capture those who have been unable to even file a claim due to bureaucratic hurdles — up to 14 million more, according to an Economic Policy Institute study released last week.”
so 14 million more unemployed persons who are trying to file their claims…
and perhaps millions more losing their jobs in the coming weeks…
shadowstats will probably have the unemployment rate at about 50% in a month or two…
We now have all the new graduates out looking for jobs as well.
Don’t worry little children
trumpo hinted the other day that a trillion trees would be planted soon
he even planted one and made onlookers shovel a bit of dirt in the hole which was hilarious because they looked like they’d never used a shovel before in their lives
so millions of out of work yooof can be put to work planting trees from now on
greta will be pleased
I’m not sure how long it takes to plant a trillion trees by hand but it should keep people busy for a while
at least they will be doing something useful in return for their nanite filled slop
‘nanite filled slop’
https://democriticreviews.files.wordpress.com/2015/09/bravo.gif
If it reinfects, virus could ‘end humanity,’ Netanyahu reportedly warned MKs
https://www.timesofisrael.com/if-it-reinfects-virus-could-end-humanity-netanyahu-reportedly-warned-mks/?fbclid=IwAR1unEfLTSA8ckAyV8zIG68GO3C87Ue87Sfw40p7uVF-t67wu8Phcsq6ia0
actually, the “end humanity” phrase may not have been said, but:
“Others with whom the prime minister spoke to, the TV report said, do not remember him using that precise phrase, but say he warned that the pandemic could lead to “scenarios of global anarchy.”…”
well, that changes the tune, doesn’t it?
that would be much closer to reality…
maybe or maybe not global, but there probably will be areas of anarchy…
Ragnarrok!
Much more poetic than the dreary bureaucrateese (a word? ) of ‘scenarios of global anarchy’.
Dragons swallowing the sun, shiploads of the dead, that sort of thing.
That’s more like it!
nothing wrong with a bit of anarchy
not to be confused with chaos
which is what joooish champion nutty yahoo is transmitting
they are terrified of losing power and control of the narrative
globalist control of mainstream media and most alternative media outlets gives them blanket control of diverse groups – divide and rule – problem reaction solution
israel world champion in cyber security
microsoft, google etc headquarters in israel silicon valley
research talpiot program
He’s probably wrong. The species is too resilient maybe. While we’d all prefer to hang on indefinitely, there isn’t much of a case otherwise for keeping the species alive. I’m for trying, within pretty strict limite, however.
I wouldn’t mind everyone just living a simpler life
but most people don’t want that
so maybe you have to force them
which is what we’re seeing now
it won’t work though
the rebelious ones would rather burn the place down
happens every time
who will be the barbarians this time?
If it reinfected but didn’t kill,or mutate to become more lethal, communities could live with it, as historically they have and do live with endemic disease and used to live with high infant and female mortality. Barely 100 years ago, any woman with property made her will before giving birth, it was so dangerous….
Only the foolish lock-down response would end humanity.
So let’s end this bloody nonsense NOW!
56 million souls leave the planet every year
mostly from heart disease, stroke, cancer, lower respiratory infections, accidents
and life goes on
hardly anyone batts an eyelid
and the third world sharts out millions more to compensate
it’s like a valve – you can open and close it at will
so…. where’s the problem again?
The normies can’t get their feeble minds around that …. they are infatuated with the panic/fear message…
It’s a symptom of SDR … (https://www.investopedia.com/terms/s/sdr.asp)
German towns BRING BACK lockdown measures after seeing rise in coronavirus infections within days of lifting them
https://www.dailymail.co.uk/news/article-8301469/German-towns-bring-lockdown-coronavirus-spike.html
why? what are they so afraid of?
that a lot of Oma’s and Opa’s are going to kick the bucket sooner rather than later?
The lockdowns can never end
Millions of people will make the lockdowns end
wait and see
trumpo and mr putin – joooish saviors of the world – will make it so
so many cures people won’t get sick for more than a day
no more excuses for lockdowns
your move
what’s next on the chessboard?
war maybe?
Fast Eddy = Prophet/God
Foil Eddie, Prophet/God of the Abnormies…
and backstage wind/noise machine,
The regions have been given been given the authority to bring back restrictions, to the extent they consider them helpful. These are regional decisions. One regional decision was to continue despite the rise.
Other choices seemed to be reinstatement of some pieces of lockdowns/additional testing, and leave others in place. For example:
One of the key to “normalizing” the world is to let international air travel to take place without any hassle or issues like quarantine and instant border closure. My own business are suffering badly because I cannot travel. I travel to another country, quarantine for 14 days, come back and quarantine again another 14 days. Total 1 month gone for a 2-day meeting? Can I even arrange a business meeting 14 days in advanced every time ? Not everything can be discussed via Zoom or teleconferencing.
I looked at Delta’s site for flights to Minneapolis and to Boston, (from Atlanta) for later this month and early June. They have practically no flights available, and most of the seats seem to be sold out.
Of course, these flights would be within the US, so hopefully would have no quarantines involved. Going overseas would be a huge hassle.
I always wonder whether pilots of cargo flights need to quarantine for 14 days. If they do, it would seem like a huge problem.
And Atlanta is a huge airport—
I used it several times a month for years.
NO MANDATORY VACCINATION (PETITION)
https://healingoracle.ch/2019/06/02/make-this-a-vaccine-free-world/
Thank you for this, I will sign it.
Mandatory is when it is mandated – you are required to take a shot for the greater good
Compulsory means they go door to door and hold you down while they stick you with the needle
Law terms are important
If I was evil… I would put it in the water supply like sodium flouride but it depends on what you’re trying to insert into the bloodstream – might not be effective that way
vaccines used to have thimerosal – mercury – as the adjuvant. some still do but now aluminum is used to cause an immune repsonse
tiny amount they say – but babies are very sensitive to such things
massive vaccine programs in early years
autism up – allergies up – cancer rates up
head of world vaccine program caught on hot mike admitting that vaccine cause damage and doctors are rebelling so something must be done to quash public chitter chatter
private vaccine damage settlement courts exist
bill and melvin gates foundation being kicked out of and being sued by several countries where their vaccine campaigns left thousands paralysed
there’s natural polio which goes to zero – but vaccine caused polio goes up and is renamed flacid paralysis
young women left sterile by billy’s vaccines in african countries
billy wants to inject the whole world with his love and stamp your right hand with an electronic invisible tattoo
I used to work in a dairy …. I could see the milk going into the pasteurizer…. I used to think about how easy it would be for someone to poison a lot of people by dumping something toxic into that machine…
Nowhere near as hard as trying to topple buildings with airplanes…
maybe you want a smallpox-vaccine free world too?
—-///////The smallpox vaccine, introduced by Edward Jenner in 1796, was the first successful vaccine to be developed. He observed that milkmaids who previously had caught cowpox did not catch smallpox and showed that inoculated vaccinia protected against inoculated variola virus./////——–
Until 1796 we had a vaccine free world. Go check it out.
routine vaccination for smallpox in USA stopped in 1972 when the country was deemed to be free of the disease
Before that date I don’t think there were any anti-vaxxers. But now we have ‘universal information’ from anywhere and anyone. (just like on other subjects)
I watched that anti-vax vid by doctor watsername the other day, till I got to the part where ‘Bill Gates is killing millions of children with his vax program, in order to get rich.’
Talk about feeding hysteria to the masses.
That nugget of ‘knowledge’ had been extracted from the ‘fact’ that some kids had had an adverse reaction—somewhere in Africa
Vaccination stops disease-spread.
Yes there are bound to be adverse reactions, no medical procedure can ever be 100%
but if you get a schoolroom full of kids who have had no exposure to measles, and no vaccination if one infected kid gets in there it will rip through the rest. Just as it did with the First Nations after 1492.
The Spanish thought it was the will of god too. 500 years, and that’s still with us.
if it’s your kid who dies, i doubt if you will be protesting that it was ‘your human right’ to let it die. Instead it would be likely that the school would be sued for letting in the infected kid in the first place.
I see you’re fully standing behind the scientific consensus, Norman. Your words indicate that you trust the authorities implicitly and that you have a self-righteous contempt for all who don’t share this stance.
That’s fine by me. Take a jab. Take a dozen of them. Feel superior. Feel smug.
But before you start pontificating, please go over your views just to make sure that they are not yet another illustration of Mark Twain’s quip about What You Know for Sure That Just Ain’t So.
There were, actually, plenty of ant-vaxxers around prior to 1972. Although in those days, they used to call themselves anti-vaccinationists, and they included a number of prominent scientists as well as other people from all walks of life.
Back in in March 1885, thousands of protesters gathered outside York Castle to protest the imprisonment of seven anti-vaccination activists. The organizers claimed as many as 100,000 people attended, although historians estimate it was closer to 20,000. Even so, 20,000 people protesting about putting people in prison for protesting vaccination is an impressive figure. Not even Julian Assange’s case attracts such crowds. You’d think that in Victorian England people would have had far more pressing things to worry about, but no. This was important to them.
In 1998, Alfred Russell Wallace, the co-originator of the theory of evolution by natural selection, wrote, “Every day the vaccination laws remain in force parents are being punished, infants are being killed” in a monograph against mandatory vaccination. He accused doctors and politicians of pushing for vaccination based on personal interest without being sure that the vaccinations were safe. Wallace cited statistics from a report by the Registrar-General of deaths from vaccination from 1881 to 1895, showing that an average of 52 individuals a year died from cowpox or other complications after vaccination. Wallace pointed to these deaths to assert that vaccination was useless and caused unnecessary deaths.
Perhaps, Norman, you might try to be just a little more assiduous in educating yourself before endeavoring to educate the rest of us.
conceding your point that there were some anti-vaxxers around before 1972, doesn’t negate my assumption that you would prefer smallpox to run unchecked?
/////—–Some concerns about vaccines stem from discredited work that suggested they lead to autism. (The findings were subsequently retracted, and the physician who did that small study was barred from practicing medicine because of ethical lapses.) More than a dozen studies have added to the body of evidence that this link does not exist. Expert groups, including the IOM and the AAP, agree that vaccines do not contribute to children’s autism rates./////—–
it’s possible to trawl the internet and find any theory you need to confirm whatever you choose to believe.
I did say that no medical procedure was without risk.
as to Ghandi, he believed that if you wove sufficient cloth to cloth yourself, and grew enough food to feed yourself, that was enough. Thus, preventative medicine went against the natural order of things. (in which he was correct, taken to absolute extremes of course)—but that’s not how the real world works though. You and I know that.
Clinical interference has shot world population way beyond supportable limits. So maybe we should have left well alone. But knowledge cannot be unlearned.
And if in trying to educate others, I plead guilty if it involves deflating conspiratorial balloons, and laughably obvious fake photos purporting to ‘prove’ the ‘truth’ of certain things. That really seems to annoy some people. tough.
Other than that, some of the stuff I write gets applauded—some gets raspberries. Some gets both!! I accept both—you takes your pick.
In the grand scheme of things I don’t expect to influence anyone to any meaningful degree. Saying in 2011 that ‘a Trump’ was inevitable by 2016 didn’t stop it happening. I never expected it to.
it’s possible to trawl the internet and find any theory you need to confirm whatever you choose to believe.
And you started this subject by doing precisely that, Norman, with that paragraph on Edward Jenner that sums up the myth while misconstruing the relevant facts.
I’m not professing any belief. I’m merely digging at the foundations of a belief you’ve chosen to disseminate as fact.
Dr. Vernon Coleman has some views that are starkly at odds with yours regarding smallpox and Jenner.
“One of the medical profession’s greatest boasts is that it eradicated smallpox through the use of the smallpox vaccine. I myself believed this claim for many years. But it simply isn’t true. One of the worst smallpox epidemics of all time took place in England between 1870 and 1872 – nearly two decades after compulsory vaccination was introduced. After this evidence that smallpox vaccination didn’t work the people of Leicester in the English midlands refused to have the vaccine any more. When the next smallpox epidemic struck in the early 1890s the people of Leicester relied upon good sanitation and a system of quarantine. There was only one death from smallpox in Leicester during that epidemic. In contrast the citizens of other towns (who had been vaccinated) died in vast numbers. ……Doctors and drug companies may not like it but the truth is that surveillance, quarantine and better living conditions got rid of smallpox – not the smallpox vaccine……It is worth pointing out that Edward Jenner, widely feted as the inventor of the smallpox vaccine, tried out the first smallpox vaccination on his own 10 month old son. His son remained mentally retarded until his death at the age of 21. Jenner refused to have his second child vaccinated. ”
In Dr. Glen Dettman’s opinion:
“It is pathetic and ludicrous to say we ever vanquished smallpox with vaccines, when only 10% of the population was ever vaccinated.”
In Baron’s Life of Jenner, (Vol. II, p. 304) we learn that:
“On the 14th of May, 1796 . . . Jenner vaccinated James Phipps, a boy about eight years old, with the matter taken from the hand of a dairymaid infected with casual cow-pox. After waiting six weeks Jenner inoculated this boy on both arms with smallpox matter, taken from the arm of a boy with smallpox. Several months later Phipps was again inoculated with the variolous matter (smallpox pus) but no effect was produced.”
Baron refers to Phipps condition as follows:
“While walking with a friend one day they passed young Phipps, when Jenner exclaimed, `Oh, there is poor Phipps; I wish you could see him; he has been very unwell lately and I am afraid he has got tuberculosis on his lungs. He was recently inoculated for smallpox, I believe for the 20th time, and all without effect.'”
James Phipps was declared immune to smallpox but he died of tuberculosis at the age of 20.
And I’ll finish with one more quotation from Alfred Russell Wallace.
“Whether we examine the long-continued records of London mortality, or those of modern registration for England, Scotland, and Ireland; whether we consider the “control experiment” or crucial test afforded by unvaccinated Leicester, or the still more rigid test in the other direction, of the absolutely revaccinated Army and Navy, the conclusion is in every case the same: that vaccination is a gigantic delusion; that it has never saved a single life; but that it has been the cause of so much disease, so many deaths, such a vast amount of utterly needless and altogether undeserved suffering, that it will be classed by the coming generation among the greatest errors of an ignorant and prejudiced age, and its penal enforcement the foulest blot on the generally beneficent course of legislation during our century.”
I think the Mahatma said it best, although he did so in Hindi.
https://i.stack.imgur.com/OGI1u.jpg
The quote can be found early in
“Chapter VI – CONTAGIOUS DISEASES: SMALL-POX” of
A GUIDE TO HEALTH BY MAHATMA GANDHI
Translated from the Hindi
BY A. RAMA IYER, M.A.
Here’s some more of Gandhi’s writing from the same book.
We have got into the habit of calling in a doctor for the most trivial diseases. Where there is no regular doctor available, we take the advice of mere quacks. We labour under the fatal delusion that no disease can be cured without medicine. This has been responsible for more mischief to mankind than any other evil. It is of course, necessary that our diseases should be cured, but they cannot be cured by medicines. Not only are medicines merely useless, but at times even positively harmful. For a diseased man to take drugs and medicines would be as foolish as to try to cover up the filth that has accumulated in the inside of the house. The more we cover up the filth, the [Pg 5] more rapidly does putrefaction go on. The same is the case with the human body. Illness or disease is only Nature’s warning that filth has accumulated in some portion or other of the body; and it would surely be the part of wisdom to allow Nature to remove the filth, instead of covering it up by the help of medicines. Those who take medicines are really rendering the task of Nature doubly difficult. It is, on the other hand, quite easy for us to help Nature in her task by remembering certain elementary principles,—by fasting, for instance, so that the filth may not accumulate all the more, and by vigorous exercise in the open air, so that some of the filth may escape in the form of perspiration. And the one thing that is supremely necessary is to keep our minds strictly under control.
And:
Thus considered, we may conclude that that man alone is perfectly healthy whose body is well formed, whose teeth as well as eyes and ears are in good condition, whose nose is free from dirty matter, whose skin exudes perspiration freely and without any bad smell, whose mouth is also free from bad smells, whose hands and legs perform their duty properly, who is neither too fat nor too thin, and whose mind and senses are constantly under his control. As has already been said, it is very hard to gain such health, but it is harder [Pg 11] still to retain it, when once it has been acquired. The chief reason why we are not truly healthy is that our parents were not. An eminent writer has said that, if the parents are in perfectly good condition their children would certainly be superior to them in all respects. A perfectly healthy man has no reason to fear death; our terrible fear of death shows that we are far from being so healthy. It is, however, the clear duty of all of us to strive for perfect health. We will, therefore, proceed to consider in the following pages how such health can be attained, and how, when once attained, it can also be retained for ever.
And:
The world is compounded of the five elements,—earth, water, air, fire, and ether. So too is our body. It is a sort of miniature world. Hence the body stands in need of all the elements in due proportion,—pure earth, pure water, pure fire or sunlight, pure air, and open space. When any one of these falls short of its due proportion, illness is caused in the body.
And:
The most important portion of the body is the stomach. If the stomach ceases to work even for a single moment, the whole body would collapse. The work of the stomach is to digest the food, and so to provide nourishment to the body. Its relation [Pg 13] to the body is the same as that of the steam engine to the Railway train. The gastric juice which is produced in the stomach helps the assimilation of nutritious elements in the food, the refuse being sent out by way of the intestines in the form of urine and fæces. On the left side of the abdominal cavity is the spleen, while to the right of the stomach is the liver, whose function is the purification of the blood and the secretion of the bile, which is so useful for digestion.
Have you ever thought about that most of us would probably not have existed today and discussed vaccines on a doomer blog if it weren’t for the vaccines??
shhhhhhh
No Paul, I must admit I’ve never thought that.
But then again, I’ve read and absorbed Susan Humphries’s Dissolving Illusions, so I’ve been inoculated against that idea.
https://www.amazon.com/Dissolving-Illusions-Disease-Vaccines-Forgotten/dp/1480216895
From the reviews (93% of which are 5-star by the way):
This is a must read for everyone! After the first read -through, I had to put it away for a while. I felt duped by the medical establishment and the government. My whole world was based in medicine and what I read was a hard pill to swallow. I had to re-evalute everything I had been taught. I have read it in its entirety several times since and reference it on a weekly, sometimes daily, basis. Looking back, I can now see how uninformed/misinformed I was. Ignorance may be bliss, but knowledge is power. Knowledge can save your life. Had I read this before I got pregnant, I am positive that my son and I would not have suffered vaccine injuries and would not be dealing with the ramifications of injecting toxic substances into our bodies. I highly recommend this book!
This might also be a good time to introduce a few words from wise old Bertrand Russell, from pages 49 and 50 his 1952 book, “The Impact of Science on Society”, In it, he warns about the oligarchs’ plans for the use of vaccination, education and other practices to control the populace.
It may be worthwhile to spend a few moments in speculating as to possible future developments of those that are oligarchies. It is to be expected that advances in physiology and psychology will give governments much more control over individual mentality than they now have even in totalitarian countries. Fichte laid it down that education should aim at destroying free will, so that, after pupils have left school, they shall be incapable, throughout the rest of their lives, of thinking or acting otherwise than as their schoolmasters would have wished. But in his day this was an unattainable ideal: what he regarded as the best system in existence produced Karl Marx. In future such failures are not likely to occur where there is dictatorship. Diet, injections, and injunctions will combine, from a very early age, to produce the sort of character and the sort of beliefs that the authorities consider desirable, and any serious criticism of the powers that be will become psychologically impossible. Even if all are miserable, all will believe themselves happy, because the government will tell them that they are so.
https://pbs.twimg.com/media/DhEdJpbXcAANYN8.jpg
Although outstandingly brilliant, Russell was born into the British aristocracy, son of a Viscount.
He thus was able to stand back and offer philosophic judgement on the position of the common man.
my point being, that while he appreciated their conditions, he accepted their material support—the aristos are always supported by the lower orders. (still the same today)
This is not denigrating Russell. We are all on the same economic treadmill. Russell couldn’t alter things any more than I can. The downtrodden workers were part of the ‘society’ he condemned, which in collective terms was and is an ‘acquisitive’ one.
No doubt he could see how ultimately vicious it was. I can too—I know how my grandparents lived, yet somehow they got on with their lives. By today’s standards we would find it intolerable. (despite fantasising about ‘downsizing’)
But now most of us have Russell’s standard of living but our support system is collapsing.
This is where plots and conspiracies start to kick in—it must be somebody else’s fault, rather than our own. A grand plan from 20 years ago has brought us to the point of collapse. The ‘deep state’ is behind it all. There is a universal need to find and prove such things.
It could not possibly be our own greed, could it?
Depends on which “we” you are talking about. I suppose its possible to talk in terms of humanity’s collective greed. But some of us are a lot greedier than others.
My grandparents never had a washing machine, inside loo, or hot running water in the house. But I distinctly remember they were traumatized by the life they had lived “between the wars” extremely grateful that things had improved beyond their wildest dreams by the time the grandkids arrived.
Plots and conspiracies: Surely you believe that evil Russian one to get the don into power and tell the American people how the DNC cheated Bernie?
I have my own little theory. I think you just like to throw out the C word as a distraction to avoid answering valid questions that you are to embarrassed to deal directly with.
Human beings are great planners. Unlike most of our fellow mammals, we don’t just wake up in the morning, scratch fleas, and see what the day brings. We get on with it and make stuff happen. We plan ahead. Individuals, families, companies, governments, organizations of all kinds—we make plans for the next day, week, month, year, even decade ahead.
Are you suggesting that the people occupying the very highest levels of the human power pyramid don’t make plans, Norman? Seriously, you think they take a laissez-faire attitude to running the world? If that’s their modus operandi, I am very surprised they are still up there at the top of the ziggurat.
https://youtu.be/iU2607KKFgY
Here’s Charles Darwin, from the Descent of Man, objecting to vaccination on the grounds that it the degeneration of the race.
“With savages, the weak in body or mind are soon eliminated; and those that survive commonly exhibit a vigorous state of health. We civilised men, on the other hand, do our utmost to check the process of elimination; we build asylums for the imbecile, the maimed, and the sick; we institute poor-laws; and our medical men exert their utmost skill to save the life of every one to the last moment. There is reason to believe that vaccination has preserved thousands, who from a weak constitution would formerly have succumbed to small-pox. Thus the weak members of civilised societies propagate their kind. No one who has attended to the breeding of domestic animals will doubt that this must be highly injurious to the race of man. It is surprising how soon a want of care, or care wrongly directed, leads to the degeneration of a domestic race; but excepting in the case of man himself, hardly any one is so ignorant as to allow his worst animals to breed.
The aid which we feel impelled to give to the helpless is mainly an incidental result of the instinct of sympathy, which was originally acquired as part of the social instincts, but subsequently rendered, in the manner previously indicated, more tender and more widely diffused. Nor could we check our sympathy, if so urged by hard reason, without deterioration in the noblest part of our nature. The surgeon may harden himself whilst performing an operation, for he knows that he is acting for the good of his patient; but if we were intentionally to neglect the weak and helpless, it could only be for a contingent benefit, with a certain and great present evil. Hence we must bear without complaining the undoubtedly bad effects of the weak surviving and propagating their kind; but there appears to be at least one check in steady action, namely the weaker and inferior members of society not marrying so freely as the sound; and this check might be indefinitely increased, though this is more to be hoped for than expected, by the weak in body or mind refraining from marriage.”
https://i.pinimg.com/564x/ee/a2/4d/eea24d9e06f7e6303c7d9f2aba5e6d70.jpg
which is more or less what I said. (just that Darwin was more famous than me, though he was just a local lad here)
That medical intervention ultimately weakens the population, and that food and fornication are our favourite pastimes–thus everyone breeds or attempts to breed to their fullest capabilities. If this passes on defects. —–Fair enough
But if you disagree with medical intervention, then you must unlearn medical knowledge, and refuse it for yourself, and /or your dying child, spouse, parent—whatever, to prove your highest principles of preserving the integrity of the species.
There is another way of course, beloved of the teabaggers et al, who insisted that ‘death panels’ were an integral part of socialist medical systems. A non medical committee to decide on who lives or dies,
They knew it to be true
Tim Groves, thank you for all the information you have been providing about the history of vaccination.
I do find it bizarre that—despite an overwhelming universal history of governmental lies and deception—people are still willing to tolerate whatever the current propaganda is. I can’t think of a single important event where governments have told the truth about what they were doing, so why should this be any different?
we vote politicians into office on the basis of the lies they tell
for that brief moment of election, we believe those lies
the trouble starts when those lies do not manifest themselves into truth and reality for the universal benefit of all of us.
yet we refuse to accept that it was our collective beliefs that voted them into office
Its kinda like how I read a few years ago about a couple who were facing the birth of a severely SDR child …. and they were lobbying the government to use my tax money to allow them to travel to a country where they could save this frankenstein thing that was inside the wife’s body…
The government fortunately said no.
I recall thinking … why would anyone want to knowingly birth such a thing????
Would you not want that aberrant thing out of your body asap and tossed in the dumpster asap????
Speaking of breeding more useless things…. during my propaganda campaign targeting M Fast (who was somewhat interested in breeding… while I was totally against it)…. I would make it a point to say — whenever we’d see one of those severely disabled kids in a motorized wheelchair— ‘jeez that must suck to be the parents — imagine that would take huge amounts of time and money to care for a kid like that …and they could never get a job so they’d be a burden till you die!!!…. I’d hate to be in that position eh….
Another part of the campaign was to visit people with out of control young kids…as often as possible — you know the ones where the parents have no rules or consequences… their management technique is one of screaming … and screaming louder if that doesn’t work…..
And then there was the constant harping on how this or that kid turned out to be an ungrateful pri kk… how one of them became a stripper … so many of them dropped out and worked as pizza boys.. how disappointing must that be as a parent…. jeez it’s almost like a 1 in 3 chance you raise a morrron….
M Fast went off the breeding thing within a few months of being exposed to this constant bombardment of negativity…
And we greatly reduced the visits to the parents with out of control kids….
If Fast needed money… he’d teach an online course in this sort of thing…
National Economic Council Director Larry Kudlow said he has been told that a second wave of the outbreak would not require a shutdown
https://www.scmp.com/news/world/united-states-canada/article/3083611/coronavirus-latest-us-will-not-shutdown-economy
Given that Trump changes his mind by the hour….
Larry Kudlow probably needs a few more lines:
Will Larry Kudlow’s Past Cocaine Addiction Change the Nature of the Presidency?
https://observer.com/2018/03/larry-kudlow-cocaine-addiction-white-house-precedent/
Kudlow’s wife got a bailout for her crappie art work and he e was dumb enough to go on national t.v and brag about it. And the Americans are to dumb to be insulted by it!!! Can’t make this up!!!!
Brooklyn, NY – A repeat felon grabbed a woman off the street and sexually assaulted her in a parking lot just 10 days after he was released from Rikers Island due to concerns about him potentially contracting COVID-19 if he were to remain in jail.
Robert Pondexter, 57, has served three state prison sentences for robbery convictions, the New York Daily News reported.
He was already back in jail for allegedly trying to rape his crack dealer when he was allowed to walk free to protect him from the novel coronavirus.
New York Mayor Bill de Blasio recently expressed shock and dismay over the fact that dozens of inmates released due to COVID-19 concerns immediately went out and committed new crimes.
https://defensemaven.io/bluelivesmatter/news/felon-rapes-random-woman-within-days-of-being-released-from-jail-over-covid-19-gmCD-b9JtE-sliNU627Eag
And on the flip side a Texas mother was arrested and put in jail for 7 days because she refused to close her Salon business. The judge ordered her to obey the lockdown law and told her she was being selfish, only thinking about herself and not considering how she could infect others.
Her response was classic, she told the Texas Judge: “I have to disagree with you, sir, when you say that I’m selfish — because feeding my kids is not selfish,”
https://fox6now.com/2020/05/05/texas-salon-owner-gets-7-days-in-jail-for-reopening-in-defiance-of-covid-19-restrictions/
I do love it when someone sticks it to a pompous, moralizing, judge.
It should be disturbing to all of us that it takes a salon owner to stand up to authoritarian garbage in these times.
Where are all the men? Free and brave? How many have stood up for their individual rights like this woman?
Millions of people need to turn the tide before we’re all locked into the techno dystopia that is now being rolled out.
From time to time I wade into the comments section of ZH…. and inevitably wade our smelling of stale urine and disgusted … sometimes before I go I toss a hand grenade in there mocking them as slobs in their basements stroking the guns and making threats they will never carry out because they are cowards (and racists).
And here we are — freedoms have been dialled back like never before — and they are still … in their basements stroking their guns watching p or n.
hahaha so true – it’s just not worth the trip anymore
one little ant stood up…
while millions cowered in their safe spaces
the racism etc on bitchute made me close my account – i now see what opening up free speech really means and it aint purrty
america was doomed anyway one way or another – and all the america first nonsense will just fizzle out once third world status kicks in
Masonic Washington
The Washington monument is 666 ft and it’s pointing towards the oval office.
Yes, since matters.
https://pbs.twimg.com/media/EW5WXNmXsAI0TOo?format=jpg&name=large
It is 555ft. This is a stressful time, here we are very civil to eachother and strive to be factual and noninflammatory. Things are never as bad as feared and never as good as hoped.
The monument also points straight up.
Quietly,
Dennis L.
555 feet to inches is 6660
in occult numerology zeroes don’t count
so there is that
The white house is a roman temple to jupiter with some goddess or other on top
the dome represents the female
the obelisk represents… well you know what that represents
and one is shafting the other in an age old fertility ritual
because that’s all they care about
the phallus represents the lost phallus of osiris who it is claimed had two of
just like reptiles – forked tounge and forked you know what
because they could bang two reptile chicks at once they were put on a pedestal as the most fertile beasts out there
hence the brotherhood of the snake – one of the earliest known secret societies
Correction!
Dome and goddess – capitol building
https://www.aoc.gov/art/other-statues/statue-freedom
Roman empire symbolism – success in war
The Statue of Freedom’s crested helmet and sword, suggesting she is prepared to protect the nation, are more commonly associated with Minerva or Bellona, Roman goddesses of war. The history of the statue’s design explains why she wears a helmet rather than a liberty cap.
The white house has the oval office which represents the womb from everything is birthed
It is a phallus. Part of the old Egyptian Obelisk monuments.
D.C. has one, City of London, and the Vatican. What an amazing trio of places.
Istanbul has one too.
Copied off Google: “The Washington Monument was the tallest building in the world upon its completion in 1884. … Built in the shape of an Egyptian obelisk, evoking the timelessness of ancient civilizations, the Washington Monument embodies the awe, respect, and gratitude the nation felt for its most essential Founding Father.” Of course symbols have many meanings to different people.
For some it can be a symbol of a transient dopaminergic event, for others celebration of a civilization which is not an easy thing to build. Some of us remember “Lord of the Flies,” a fictional account of young people starting out from nothing. If you have forgotten, review what was collecting all the flies, it too could be seen as a phallic symbol.
DC, London, and the Vatican are indeed amazing, they are the cradle of Western Civilization. It is imperfect to be sure, but more people want to move to it than away from it.
Dennis L.
Um, I have one too.
Egypt of course still has lots of obelisks. It was great fun to see and read them in their original positions. Except that some religious vandals had erased the names of Seti I and Hatshepsut.
you see the same people standing behind the don
trying to erase Obama Clinton and Biden
Egyptians?
With gigantic erasers!?
the don tries to erase everything that his predecessor has done, and set himself above all others who have gone before
the cheering millions support him
It is the way of the dictator to erase memory of those who were better that him
so yes, the correlation is there I think
Obama who?
https://pbs.twimg.com/media/D-uR1ONXsAAi80Y.jpg
@Gail: My humble suggestion is to arrange the comments section more timely. Either with a page numer index or a date index. If this is possible in WP, but please don’t spoil it…
Gail did do that some time ago. Prior to the current layout the oldest comments were displayed first. So if you wanted to view the most recent comments you had to advance page after page. This is way better than it was before. And just imagine way back, when Gail’s articles rarely hit 1800 comments even with Fast Eddy commenting.
The most recent comments and responses to them are the first ones you encounter.
There actually are page numbers on comment sheets, except for the comment sheet that is the most recent. If you follow the arrow to “older comments,” and look at the URL, you will see that the previous page is 73, and the one before that is 72.
Each comment has a number as well. If you look at the link that is under the date and time, it should give you the comment number.
I know that I receive comments in two separate displays:
(1) The usual indented display, and
(2) In chronological order.
The latter doesn’t give the context for the comment. I believe you can get them the second way as well, perhaps with the use of some software for the purpose.
VE Day is about freedom from tyranny but where’s the freedom? I don’t by the Covid hype so yesterday I had some friends visiting. Beer at my place, then pizza and beer at a local parlour, then more beer at my place. Absolutely no distancing etc b…shit but business as usual, a great evening not lacking anything, today’s hangover a small price to pay. Happy VE Day!
Bravo to you and your friends! I haven’t bought into the fear and hysteria either but then again I don’t listen or watch the Mainstream Media.
could there be a connection? hmmm…
It’s a day to remember a generation that made far greater sacrifices than we did, and didn’t bitch about it nearly as much.
For the Corona Believers:
Tanzanian President had his people test various things for Corona….turns out pawpaw (some kind of fruit) and Goats have tested positive in his country.
https://www.youtube.com/watch?v=207HuOxltvI
Are you getting it yet?
OMG!!! Covid19 is everywhere 😀
Lockdowns will continue until morale improves 😀
Just wait until they roll out the new edition, Covid-20!
That’s the Mutant version? The brain-eating version?
If the normies did not get it after the CBS f akery …. they ain’t never getting it.
Falsus in uno, falsus in omnibus is a Latin phrase meaning “false in one thing, false in everything.” At common law, it is the legal principle that a witness who testifies falsely about one matter is not credible to testify about any matter.
If the normies would apply this dictum to the mass media, they wouldn’t be normies, would they?
The goats probably caught it from…no, I won’t say it!
go on… say it
i dares you
not getting it, but a paw paw = papaya. I try to eat one half of one every morning.
not getting it
what do you mean… not getting it
Just like the good old days!
I remember when they used to come round the universities to give the aids talk
a friend of mine stood up and said the tests were giving 50% false positives
keep in mind that was HIV the new big scary not coronaviruses which are everywhere
of course this implied that people were being killed by the rather nasty toxic cancer drug called AZT which they couldn’t get rid of because it killed people
so fauci found a way to fob it off on the homosexual community which he wasn’t keen on and since they were riddled with STDs (hepatitis) and party drug trashed immune systems anyway no one really noticed
of course the person giving us the chat told my friend to sit down and shut it and not to be so raaaacist or something like that
>Fast Eddy says:
May 8, 2020 at 1:49 am
And here goes South Korea!!!!
South Korean officials sounded alarm Friday after finding more than a dozen coronavirus infections linked to club goers in the densely populated Seoul metropolitan area.
==
Actually, that club is in a district well known as gay hangouts. A lot of gays, both foreign and Korean, hung out in Korea’s holiday season last week and did what the gays did.
Since flaunting one’s homosexuality is not cool in Korea, a lot of the supposedly infected will refuse to be tested since doing so will reveal their sexual orientation, which means Korea is back into a covid crisis again.
So Korea’s numbers are still very, very low just like those of nearly all of the East Asian countries.
and an aids crisis
where’s saint fauci when you need him?
Breaking NEWS….Just announced
Dow Jones up today at 12:37 pm EST
24,241.99 +366.10 (1.53%)
May 8, 12:36 PM EDT · Disclaimer
3 Reasons the Dow Is Climbing After 3 Million Americans Lost Their Jobs
By Ben Levisohn
Updated May 7, 2020 6:14 pm ET / Original May 7, 2020 12:10 pm
See no evil. More than three million Americans filed for jobless insurance for the week ended May 3, and yet the Dow Jones Industrial Average had gained more than 200 points. If that doesn’t indicate a disconnect between the economy and the market, I don’t know what does.
So why is the market rising? For starters, the claims data wasn’t really a surprise. Everyone knew it would be bad. Other news, however, was more surprising, and two stand out. On the monetary
Need we go on? Seems all reasonable/rationale to there herd of sheep
http://inergy.lat/images/InminenteColapsoIndustriaPetrolera.jpg
Ocampos very smart trust in collapse
Marco,
How do you see Italy holding up moving forward?
What region are you located?
How are the people there handling the situation?
i am in the center in a small village. here the situation is calm. in Milan young people don’t stay at home and want to go out. in the south they do not have a good health system if it arrives in the south they will be in trouble. the population is far better than politicians. basically the Italians are afraid and stay at home. except young people. the economic situation is a tragedy. almost no money has arrived. helicopter Money did not work. fortunately for 1 year we had citizenship income for the poor. this saved the people of the south. politicians, however, put too much bureaucracy to get loans. that I am not in deep loss. Italy cannot print. There is a serious lack of liquidity, especially for northern businesses. agriculture suffers drought and from 14 May we will have 38 degrees. construction and construction my sector had stopped since 2008 now it had improved just and now the disaster. everyone stopped the renovations. if recovery recovery or other methods are not early Italy can only get out of the euro but very battered. Holland is a tax haven and does not want to help Italy. Fiat FCA pays taxes in the Netherlands. we are very angry with Europe. yesterday on TV a very popular program said that we can reach 170% of the GDP deficit. the factories don’t get the components. Venice completely abandoned. the Chinese buy bars and restaurants.
now they have approved the MES. it is not a victory. however, the infection is now under control. at least for 2 weeks
https://m.facebook.com/story.php?story_fbid=10220786396241304&id=1579891319
Marco – your English has improved dramatically!
goggly transladare – itsa verry nice!
LOL. Actually, Goggly Transladare is my best romanian friend. Iu shul bi acheimed!
Wow. Thank you for the report. You say the chinese are buying bars and restaurants there? Why is that? To launder money? I didn’t realize Italy had this situation.
Chinese doing the same things here in Cambridge, UK, quietly behind the scenes – but they can’t compete with the Turkish drug lords, who now own many small businesses here: barbers, cafes, restaurants, small stores, etc. Fashion stores are also a front, I suspect, the ones that cannot be viable by any stretch of the imagination. Lovely to be a criminal and have bundles of cash…..
I remember the same was true in london – the real business takes place in the back room
cambridge is a nice city…. to be locked down in
I can use Google Translate to read files that are saved as PDF files, if they are in another language.
Google Translate doesn’t work with JPG files. So if you are saving a file to attach, it is easier to read as a PDF file.
Opinion: Stock market investors are oblivious to the potential calamity of negative interest rates
Published: May 8, 2020 at 10:50 a.m. ET
By Nigam Arora
If the U.S. employs negative rates, investors better think about protection in the form of gold, bitcoin and other vehicles
https://www.marketwatch.com/story/stock-market-investors-are-oblivious-to-the-potential-calamity-of-negative-interest-rates-2020-05-08?siteid=yhoof2&yptr=yahoo
Well, let Sortonojl over at PeakOil News fill “Investors” on some of the truth…
“The world has $360 trillion in debt, most of which is held in the $1000 trillion dollar derivatives market. A market 12 times larger than the world’s entire GDP. 80% of that, completely unregulated, and unreported market is held by a hand full of banks. Since no one knows who owns/ owes what to whom in that gigantic Leviathan of a financial nightmare, any upset in that market would instantly shutdown all economic activity. No one would know who is solvent, and who isn’t. With no one trusting anyone, all money would stop flowing. In order to prevent that from occurring they slowed down the velocity of money by shutting down the economy. They accomplished that by telling everyone that if they ever breathed again without wearing a mask, they would die! Enough people where actually stupid enough to believe it that it worked; and now there are no planes in the sky, ships sailing the world’s oceans, or traffic on the highways. If that isn’t sufficient to save their system they have Phase II ready; which is to turn out the lights, and blame it on the Chinese. Any idea that the FED can bail out the derivatives market is absurd.”
Nope, let’s kick the can down the road a little me with NEGATIVE interest RATES, along with, all the other tricks we can dream up until we call out the Home Guard to maintain order with Marshall Law and a monthly food basket delivered via Amazon from your BUI Fed Account!
Just a thought, could it be we have run out of enough oil to both run industry, product transport, and 500 million people driving one per car to work every day. Rather than admit the failure the leaching class can just say CV19 all work from home never drive a car for work commute again. Can kicked down the road.
https://www.cnbc.com/2020/05/06/egyptian-billionaire-naguib-sawiris-oil-prices-and-airlines.html
“Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines.”
Faith that oil prices will bounce back and airlines will bounce back springs eternal.
Hahahahahahahahahahahahahahahahahahaha!!!!
Humans truly are clueless, from the billionaires of the world to the guy mowing your lawn. Full Stop!
Need we anymore evidence than with Wall Street? The stock market is getting closer to its all time highs while 10’s of millions are joining the unemployment ranks.
The markets will hit record highs when the shelves go permanently bare.
And the normies will be celebrating — until their computers go dead and they cannot see the numbers in their Schwaab accounts….
I have more faith in Eternal Life than in an airline at this point…..
Well, are you happy to bet he’s wrong? You can of course make a fortune on the stock market by shorting oil stocks, if they lose value. I suspect oil will be more expensive in another year or two when all the expensive producers have given up.
He also invested lots of money to establish a telecom company in North Korea and tried to renovate a monstrously big hotel in Pyongyang. His efforts went to nowhere.
He just got lucky and became rich, but his crystal ball needs some cleaning.
One problem… only some can work from home
yes cv19 is like a magic spell that stopped the world
but it also gives the world a huge opportunity to shake things up
how it all shakes out is anyone’s guess
i’m guessing there will be a few surprises among the megadeath
Why the rich are partying while country burns
https://cdn.benzinga.com/files/imagecache/story_image_685x375C/images/story/2012/screen_shot_2020-04-15_at_7.52.28_am.png
The Dow futures jumped 300 points while working people continue to go to food banks, lose jobs, and 1 in 5 children are going hungry in the U.S.
The stock market is just a graph of rich peoples’ feelings
AOC does not appear to understand that every pension on the planet has been bailed out along with the billionaires…. but then she has a VIP membership in the SDR club…
It amazes me when I listen to people suggest that the Fed has bailed out the rich (again)…. without mentioning the huge numbers of average people who have benefited.
Even the poor benefit from this – a collapsed stock market means they have to fight with a lot more people over a limited supply of rats
Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about $6 trillion in assets.[1] In January 2008, The Economist reported that Morgan Stanley estimates that pension funds worldwide hold over US$20 trillion in assets, the largest for any category of investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity.[2]
Most here understand this. A bailout of the system will, ipso facto, result in one for its managers too. Those at the bottom though are angry and want to see some heads on spikes, plus a chance to take their place at the altar of “free money”, or at least get more of it.
Free money, QE, money printing, asset purchases, call it what you will, is now just an analog for human overshoot. It’s what happens when a species is able, at least temporarily, to deny the imposition of hard limits, through the creation of fake energy (fiat currency).
However, the physical claims department of the universe is within sight. Just down the road to nowhere, near where the old and battered can of infinite growth has settled.
https://viefag.files.wordpress.com/2011/11/2001_space_odyssey.jpg
I doubt AOC understands much more than how to mix a gin and tonic….
Her minders (and others) use this stuff to make political points.
It’s why I do not pay attention to politics… they are purveyors of the el de r s lies i.e.. they are worthless
I don’t pay attention to politics, nor do I vote. However, I still have to pay taxes, and over those, I don’t have that option.
not if one ant stands up
but if a million ants stand up?
The problem is that most people are total cowards…
Recall Occupy — as soon as the Gestapo got serious they cleared out never to return.
Even in HK… most protestors were not willing to go to the front lines… they admired the black shirts for their bravery…. and without a doubt those guys (and some girls) are unbelievably brave…
But if the Gestapo were to fire a few rounds into them most of them would stop protesting…
What is different with this is that the Gestapo will be ok with killing their fellow citizens… they will kill their own brothers if they defy the lockdowns. Why? Because they have been convinced by the MSM that the lockdowns are necessary. That anyone breaking them is selfish and a murderer.
There is virtually a nil chance of the Gestapo refusing to shoot to kill – they will not lay down their arms.
And there is no way the few that are willing to fight back — stand a chance.
money should be based on energy available and nothing else
all the extrapolating is what got us into a bit of a pickle
funnily enough… crypto is mined by turning energy + work into… a number
did you know that daddy putin is throwing nuclear power plants at crypto mining
Right! Pension plans and annuities hold a lot of both stocks and bonds. They need to be kept buoyed up.
Finally the truth! 😂
COVID-19 stands for:
Chinese
Omniscient
Virus
Illuminati
Death
…and the 19 stands for the first and ninth letters in the alphabet – A and I. That’s right… AI… Artificial Intelligence!
They created the killer virus to become self-aware and destroy the deep state puppet masters who rule us all… the Illiminati. The CIA. The Rothschilds. The Libtards. The Hapsburgs. George Soros. Hillary AND George Clinton… now that’s some funked up shit!
And you know how they are spreading the virus to us all? 5G towers, of course! And are you ready for the real kicker? I bet you don’t know what the G stands for in 5G, do you?… Gates! Bill Gates is behind it all, hatching his diabolical “PLandemic” to wrest power from the Illuminati, who have belittled him and his new money one too many times…
(And the 5 is because his nefarious plan to create an AI virus failed the first four times… instead he only came up with Traf-O-Data, Xenix, Clippy, and Windows Vista.)
So he spent his billion$ to pay the Wuhan Clan to create it and Chinese sweatshop children to manufacture it… and they’ve put it into all our iPhones and iPads! You didn’t actually think the 5G towers transmit the virus itself, do you? No, of course not – only a moron would think that. What they do is transmit the SIGNAL which then gets picked up by our devices, which then release the malevolent wee beasties into the air around us. Watch out – if you’re reading this on your phone, put your mask on, now! And then grab your phone, throw it on the ground, and stomp on it with all your might!! Whew, that was close…
All of the above is true, because I did my research on the internet… and that’s where the deepest, truest, most true truths are found.
And if you don’t believe me, you’re a sheeple! BAAAAAAAAA!!
Bravo, Sir Harry! I wondered why you were posting a little less; clearly the demands of intensive research took -quite rightly – priority.
Xabier, no rabbit hole is too deep or too murky for this sleuth, but I must confess that I swiped the above from Facebook.
What’s the saying, “More Truth in Next!”. Can’t wait to utilize the digital yuan on my iPhone to purchase a tablet made my one of the sweatshops on one of their websites and mail to me directly free of charge. Cut out the “Middleman” entirely. Now that’s efficiency at its capitalist best…As explained here by ….
The video starts explaining at the 1:20 minute mark….very good!
No need for burdersome banks
https://m.youtube.com/watch?v=GltT3zO_bj4&t=310s
I was reading a book on ‘chaos magic’, and I was amused to read that if you became an adept in magic or an ‘ascended master’, you could join the ill uminati who rule the Earth and become immortal.
‘Seek, and you will find. And when you find, at first you will be disturbed, but after, you will be astonished, and then you will reign over all, and you will not taste death.’
I found the website for people who claim to be ‘energy vampires’ once – now, that sounds like fun on an OFW sort of theme….
This idea (“energy vampires”) is found in both Richard Bach’s “Illusions,” and Anton Szandor LaVey’s “Satanic Bible.” Really.
Aren’t most people energy vampires?
Ted wasn’t
Theodore John Kaczynski (/kəˈzɪnski/; born May 22, 1942), also known as the Unabomber (/ˈjuːnəbɒmər/), is an American domestic terrorist, anarchist, and former mathematics professor.[2][3][4] He was a mathematics prodigy,[5] but he abandoned his academic career in 1969 to pursue a more primitive lifestyle. Between 1978 and 1995, he killed three people and injured 23 others in an attempt to start a revolution by conducting a nationwide bombing campaign targeting people involved with modern technology. https://en.wikipedia.org/wiki/Ted_Kaczynski
If Geeeetaaa was serious …. she’d do what Ted did…..
If any of the green normies were serious about Doing Something…. they’d follow Ted
I found a lot of them in offices. Sheer life-fprce extractors………
GThomas is ‘chaos magic’? And the world is secretly ruled by immortal Bavarian Masons?
I once found a book on hypnosis, promising that if you learned this art, you could persuade women to sleep with you. (This sort of thing turns out to be the origin of the Manosphere / Incel movement.) I remember that the author had a goatee. Anyway, this is what leaps to my mind when I think of ritual magicians.
Who is G Thomas, beidawei?
The Gospel of Thomas. You quoted Logion 2.
http://gnosis.org/naghamm/gosthom.html
I see. Thank you, beidawei.
Wow! Not many people can cite the Gospel of Thomas. Well posted. But I thought “ascended masters” were part of Theosophy, and communicated with Helena Blavatsky in letters she actually wrote herself.
Ascended mistresses, on the other hand, are found mainly in Renaissance love poetry.
Mme Blavatsky called them by various names. e.g. the Brotherhood of Adepts, the Tibetan (or Trans-Himalayan) Brotherhood, etc. Leadbeater used “Great White Brotherhood” (or “Lodge”), as did Crowley and AMORC. I think “Ascended Masters” comes from the I AM movement (Guy and Edna Ballard, Mark and Elizabeth Prophet), but they didn’t teach “chaos magic” (and probably would have disapproved of it). I do remember Mrs. Prophet referring to “Lady Master Nada,” so no Ascended Mistresses (unless Trump replaces Pence with Nikki Haley for his second term).
catholics and hindus have a long tradition of communing with ascended masters too
they are called saints… and worshipers drop money at their graven images in the hope of some reward
“Thou shalt not make unto thee any graven image” is an abbreviated form of one of the Ten Commandments which, according to the Book of Deuteronomy, were spoken by God to the Israelites and then written on stone tablets by the Finger of God.
praying to them is known as necromancy – more or less
Necromancy, communication with the dead, usually in order to obtain insight into the future or to accomplish some otherwise impossible task.
Chanellers (theosophy)
https://www.theosophical.org/component/content/article?id=1245:the-voice-of-divination-omens-oracles-and-the-symbolist
in the category of divination, we may also place seeking prophetic advice from an oracle, a man or woman thought to have the ability to speak of past, present, or future events while in a trance state. Such human “mediums” are still around today, though we call them “channelers.” From the ambiguous pronouncements uttered in poetic meter by the famed oracle of Delphi in ancient Greece to the inspired prophecies of indigenous shamans in trance, societies across the world have drawn on the psychic capacities of the human mind for insights into the future as an alternative to (or in conjunction with) the purely external sources we’ve been considering thus far.
make of that what you will
new age – astrology – fortune telling – chanelling – seance – asking the dead for advice
edgar cayce – alice bailey – prophets of one world religion – kabbalah christianity mix
bout as probable as a one world currency and a one world government
A religious text is written in seven layers of code.
Moral code
Symbolic code
Numerological code
Astrological code
…..
Only the high priests are reveled the seventh layer (the seventh heaven).
The mystery schools (free masons) are into this.
Illuminati is an atheist sect. Communists are atheists.
Today the free masonic U.S is against the last atheist power China.
Just spice up these end times.
In my experience, the Masons are a bunch of old guys who have dinner together, raise money for charity, and are mostly bored by all those rituals they have to do. For a group which supposedly controls the world, they sure do seem to be shrinking demographically. I mean, wouldn’t more people want to join the world’s secret rulers?
The Illuminati were Freemasons, and as such, required to believe in God. (The French Masons dispensed with this requirement.) The real group hasn’t been heard from since the 18th century. No doubt this is because they’re busy ruling the world.
Read the pro to cols. Or don’t and just keep believing
Read ’em. For ger y.
the Abnormies are true believers…
The Protocols were not a forgery. They were plagiarised from a satirical tract by one Maurice Joly, published in 1864. Sergei Nilus lifted most of the text whole (including some of the original French terms), and decided it would be far more popular if falsely attributed to the Jews, a calculation both despicable and correct.
Oh. Okay, I’ll take your word for it. Well, whatever they were, they were *not* a genuine record of a secret meeting between the heads of Judaism and Freemasonry, and I am surprised that someone with an IQ of 700 would believe such nonsense.
I would say Blackrock control the world… pretty much
BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019
not bad
i imagine they have some influence at posh parties
the globalist cult worship the black cube which represents saturn – don’t ask me why
the rabbis wear a black cube on their forehead
the muslims create an anticlockwise vortex around the black cube in mecca
make of that what you will – but they think it matters
saturn – saturnalia – black robes – also known as kronos – master of time
abrahamic religions have astrotheology as their root
the only black rock I worship is a lump of coal
“the globalist cult worship the black cube which represents saturn – don’t ask me why”
Oh no. I heard this through Stasha Eriksen’s YouTube channel. (SciManDan recently featured her video on the Hollow Earth.) Did you get the idea from her, or are both of you getting it from somewhere else?
i have no idea who stasha wassername is
if you don’t know that the above are indeed facts… then i really can’t help you
https://www.chabad.org/library/article_cdo/aid/1918251/jewish/What-Are-Tefillin.htm
https://w3.chabad.org/media/images/1001/VmTq10017477.jpg?_i=_n32DD4A5CE5B405756B86D11830CBE5B1
https://en.wikipedia.org/wiki/Kaaba
https://upload.wikimedia.org/wikipedia/commons/thumb/6/67/Kaaba_Masjid_Haraam_Makkah.jpg/330px-Kaaba_Masjid_Haraam_Makkah.jpg
Lexicology
The literal meaning of the Arabic word kaʿbah (كَعْبَة) is ‘cube’
seven times counter-clockwise around the Kaaba, the first three times fast, at the edge of the courtyard, and the last four times slowly, nearer the Kaaba
Oh is that the Magic Box?
https://en.wikipedia.org/wiki/File:Kaaba_Masjid_Haraam_Makkah.jpg
https://w3.chabad.org/media/images/1001/VmTq10017477.jpg
And the only black rock I worship is Black Rock Shooter.
sabbatean frankists
Harry, I think you are on to it! Keep it up.
sounds about right
but a little less hand waving
wouldn’t want anyone to think you’re a nut
that wasn’t a very good conspiracy—not by OFW standards anyway
a much better one is that devised by Roosevelt Hitler and Hirohito in 1941
Ever wondered how the USA germany and Japan came to be the richest countries in the world by the 60s?
by 1941 The USA was on the skids, Germany and Japan were fighting pointless wars, and going broke,
So Roosevelt persuaded Germany and Japan to declare war, this kickstarted the US war economy, and led to Germany and Japan being flattened, just as they planned.
after the war, Hirohito stayed on in his palace, and Hitler?—He hired a stunt double willing to shoot himself in the bunker, while he retired to Brazil. (suspicious or what?) and lived next door to the Goebells family, with Eva.
This led to the post war program of rebuilding, financed not with American money, but with American energy. Oil in particular, of which the USA had more than could possibly be used.
So post war, the USA Germany and Japan all became supremely wealthy by buying and selling to each other.
Had they not gone to war, none of it could have happened
It stands to reason then, that this was why WW2 kicked off as it did. I am surprised its not more widely known
A huge number of people were added to the labor force at the time of World War II. A lot of them were women, to help in the war effort. The war gave a good excuse for lots of debt to fund the war effort. The much greater employment gave the US economy a huge boost. I discovered this when I decided to look at some statistics that go back to the 1920s.
https://gailtheactuary.files.wordpress.com/2016/12/comparison-of-change-in-disposable-personal-income-with-change-in-gdp.png
Study: Coronavirus appears to die quickly in direct sunlight
https://www.wavy.com/news/health/coronavirus/study-coronavirus-appears-to-die-quickly-in-direct-sunlight/
It would be a surprise if the virus didn’t die quickly in direct sunlight, I would think.
Still, no one knows yet whether this will make much difference in seasonality.
being out and about and eating raw dirt is still better than being cooped up forever
simple cheap treatments are on the way
no need to complicate things
the authorities will not have a leg to stand on and will be made to look like fools and will be punished accordingly
The stock market crash is coming…maybe next week?
https://pbs.twimg.com/media/EXc0vnLWkAYfUEo?format=jpg&name=large
When oil market negative again?
As soon as the US employment report is released?
“More than 20m Americans lost their jobs in April, official “nonfarm payrolls” data has shown, as the world’s largest economy was battered by coronavirus and the lockdowns put in place to stop it spreading.
“The 20.5m job losses sent the unemployment rate soaring to 14.7 per cent, the US Bureau of Labor Statistics said, by far the worst number seen since the Great Depression. Unemployment stood at a 50-year low of 3.5 per cent [suuure, it did 😉] just two months ago.”
https://www.cityam.com/nonfarm-payrolls-us-unemployment-soars-as-20m-americans-lose-jobs/
“Oil markets pushed higher Friday, despite the horrific U.S. jobs data, amid optimism that as lockdown measures are eased and output cut the massive oversupply that caused prices to slump will be corrected.”
https://www.google.com/amp/s/m.uk.investing.com/news/commodities-news/crude-oil-higher-great-shutin-underway-2114913%3fampMode=1
We live in strange times.
¯\_(ツ)_/¯
Is that a surprise? You have a massive amount of cash put in the hands of a few and they are chasing returns.
WTI is now at $24.63. Given where it has been recently, this doesn’t sound too terrible.
https://www.economist.com/briefing/2020/05/09/the-worlds-food-system-has-so-far-weathered-the-challenge-of-covid-19
«Connectivity is what the world’s agro-industrial complex is all about. Four-fifths of the planet’s 8bn mouths are fed in part by imports; the $1.5trn that was paid for them last year was three times 2000’s bill. Battalions of lorries and fleets of ships connect tens of millions of farms to hundreds of millions of shops and kitchens. The sophistication of the system, and the foresight of players within it like Mr Parker, has meant that, so far, it has held up to covid-19’s impacts on both supply and demand by dexterously swapping sources and rerouting supply chains. Prices for most staples have fallen so far this year (see chart 1).»
https://www.economist.com/briefing/2020/05/09/the-worlds-food-system-has-so-far-weathered-the-challenge-of-covid-19
Thanks! Of course, the Economists has a bias toward, “Everything is going well and will go even better in the future.”
“Four-fifths of the planet’s 8bn mouths are fed in part by imports; …” And there you have one of the reasons I estimated the Earth’s maximum sustainable population to be 1.6 billion. For every import there is an export, and when you export food you are exporting topsoil, which again is a non renewable resource.
Robert Firth: “when you export food you are exporting topsoil”
Also exporting water!
Pentagon: Covid-19 recovered are permanently disqualified to join the military.
Not even an antibody pass is good enough for Pentagon.
https://www.militarytimes.com/news/your-military/2020/05/06/coronavirus-survivors-banned-from-joining-the-military/
At some point the military will turn their guns against us filthy, infected human trash.
This seems strange. The article speculates:
Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call off purchases, in some cases even redirecting vehicles in transit to their now largely neglected parking lots. General Motors Co. is taking back cars it agreed to sell that were on their way to Hertz Global Holdings Inc., Avis Budget Group Inc. and cl
Read more at: https://www.bloombergquint.com/business/hertz-and-avis-cancel-orders-in-setback-for-battered-automakers
Now, that’s all happening with just one lockdown. Imagine lockdowns 2,3,4,5 etc and what that would do to the eCONomy?
“Professor: Economic Impact Of Lockdown Will Cause More Deaths Than COVID-19”
https://www.zerohedge.com/markets/professor-economic-impact-lockdown-will-cause-more-deaths-covid-19
The link references another article: South African Data Analysts: Lockdown Will Lead to 29 Times More Deaths Than Coronavirus
>Gail Tverberg says:
May 7, 2020 at 8:06 pm
Saudi Arabia needs the US protection, to ward off Iran and Israel.
==
Who cares about Saudi Arabia. USA gave a deal to the King of SA and the Shah of Iran, and they grew very uppity and acted like they owned the world.
The Shah was deposed, but Saudi Arabia still thinks it owns the world. I think it is time for them to learn the real truth that they are just camel riders who hit jackpot.
I do mot mind Israel annexing KSA. At least the Israelis will be more efficient.
Don’t be silly. Israel and the KSA are allies, alongside the USA and the UK.
camel riders with gold plated rolls royces!
annnywaaay…. i thought the saudis were crypto jooos set up by the brits back in the day – brits meaning sabbatean frankist rothhschiilds
and didn’t MI6 send their johnny on the spot laurence of arabia to sheik things up a bit in the region
and aren’t we all now indirectly supporting the greater israel expansion plans that these jolly fellows set out long ago?
I wouldn’t be surprised if the whole world turns on the israelis prolly after they build the third temple
Oded Yinon Plan
https://www.globalresearch.ca/greater-israel-the-zionist-plan-for-the-middle-east/5324815
President Donald Trump has confirmed in no uncertain terms, his support of Israel’s illegal settlements (including his opposition to UN Security Council Resolution 2334, pertaining to the illegality of the Israeli settlements in the occupied West Bank). In recent developments, the Trump administration has expressed its recognition of Israeli sovereignty over the Golan Heights.
Trump’s Deal of the Century is “Greater Israel”
Bear in mind: The Greater Israel design is not strictly a Zionist Project for the Middle East, it is an integral part of US foreign policy, its strategic objective is extend US hegemony as well as fracture and balkanize the Middle East.
Trump’s decision to recognize Jerusalem as Israel’s capital is intended to trigger political instability throughout the region.
This is a very important article
Similarly, former presidential advisor and physician Ezekiel Emmanuel flatly stated that there is “no choice” but to stay locked down indefinitely:
Realistically, COVID-19 will be here for the next 18 months or more. We will not be able to return to normalcy until we find a vaccine or effective medications. I know that’s dreadful news to hear. How are people supposed to find work if this goes on in some form for a year and a half? Is all that economic pain worth trying to stop COVID-19? The truth is we have no choice.
This messaging was used at the state level as well. On April 9, the Hawaii Department of Education, echoing Fauci, announced that all “public schools are expected to stay shut until COVID-19 is no longer spreading in the community, defined as four weeks with no new cases.”
These facts have led me to the following conclusions. Everyone will be exposed to severe acute respiratory syndrome coronavirus, and most people will become infected. COVID-19 is spreading like wildfire in all countries, but we do not see it—it almost always spreads from younger people with no or weak symptoms to other people who will also have mild symptoms.
This is the real pandemic, but it goes on beneath the surface, and is probably at its peak now in many European countries.
There is very little we can do to prevent this spread: a lockdown might delay severe cases for a while, but once restrictions are eased, cases will reappear. I expect that when we count the number of deaths from COVID-19 in each country in 1 year from now, the figures will be similar, regardless of measures taken.
https://mises.org/wire/when-governments-switched-their-story-flatten-curve-lockdown-until-vaccine
Get ready to Re-Lock
https://media1.tenor.com/images/9002e9f65548c7bc48898da136f6b6b3/tenor.gif
This is a very good article, explaining the evolution in thinking.
Not everyone is thinking this way yet, however. There is wishful thinking that lockdowns will fix the problem of infections.
Yale epidemiologist says the “mass death” that has occurred in the U.S. amid the coronavirus pandemic is “awfully close to genocide.”
Yale University Assistant Professor of Epidemiology Gregg Gonsalves tweeted Wednesday, “So, what does it mean to let thousands die by negligence, omission, failure to act, in a legal sense under international law?”
https://www.campusreform.org/?ID=14840
Incompetent and negligent one could perhaps argue but genocide requires intent. This really is not “awfully close to genocide”
Genocide =
http://replygif.net/i/1219.gif
but you must admit—the word ‘genocide’ attracts more attention
I propose that Trump, Xi Jinping, and others are guilty of “doofuscide.”
“Leading German Virologist: ‘COVID-19 Less Deadly Than We Thought’”
https://21stcenturywire.com/2020/05/05/leading-german-virologist-covid-19-is-less-deadly-than-we-thought/
Professors can make any absurd statement they like. How about the 1957-1958 Epidemic of H1N1 flu?
We think we have more rights than we really do.
He would be a Clinton supporter…
BTW – Trump is a scumbag (big into po rn stars) but when one points out that Bill was getting up to some very questionable activities beneath his desk with young ladies…. oh well that’s not the same…
Politicians are grocery clerks… one difference — they should be held to a lower standard
“This is the era in which humanity’s impact on nature has begun to blow back on us in unpredictable and disastrous ways. The great acceleration that defined the Anthropocene may have begun in 1945, but in 2020 we are facing the first crisis in which the blowback destabilises our entire economy.”
https://www.theguardian.com/books/2020/may/07/we-are-living-through-the-first-economic-crisis-of-the-anthropocene
A longer version of your quote:
Does she get into the CDP response?
Makes you wonder what the figures will look like for April…
“It doesn’t take an expert automotive market analyst to realize that the COVID-19 outbreak and the ensuing lockdowns across the globe would leave deep scars on new car sales. However, we do need analysts to give us the lowdown on sales numbers and, as you would expect, they’re catastrophic.
“According to JATO Dynamics, global vehicle sales reached 5.55 million units in March 2020, down 39 percent from March 2019. A 39 percent drop is unprecedented…”
https://www.carscoops.com/2020/05/march-global-car-sales-down-39-worse-than-during-2008-financial-crisis/
“International tourism faces its worst crisis since records began, with up to 1.1bn fewer people taking trips globally in 2020. The scale of the coronavirus pandemic’s impact is outlined in a report by the World Tourism Organization, which predicts a decline in international arrivals of between 58% and 80% this year.”
https://www.theguardian.com/travel/2020/may/07/world-tourism-faces-worst-crisis-since-records-began-says-unwto-report
“The current upheaval caused by the coronavirus pandemic and the Opec oil price war has sent marine gas oil prices collapsing at the fastest pace even exceeding the demise of the global financial crisis in 2008 and oil crash in 2014, Bimco noted in a recent analysis report.”
https://www.seatrade-maritime.com/bunkering/volatile-oil-market-sends-bunker-prices-collapsing-fastest-rate
Right! People’s trips were cancelled! Forget about refunds. You can get a credit for use next year.
Let’s take a look at what collapse looks like … 168 homes for rent two days ago … 166 now … the glut is clearing fast!
We looked at renting at one point but there was next to nothing on the market because everyone is on airbnb (maybe a dozen overpriced crappy places).
Now people are spoiled for choice an prices are down (a bit) — but they don’t have jobs
https://www.realestate.co.nz/residential/rental?by=featured&lct=d300&ql=20
II doubt this is you Fast Eddy, so it seems you have a copycat:
https://edwardjblack.com/2020/04/24/the-invisible-war/
He comments on youtube as Fast Eddie! Perhaps you can sue?
I also found one Fast Eddy commenting in Spanish on a newspaper, but it wasn’t this Eddy’s way of thinking. Amazing
The real Fast Eddie
https://www.britannica.com/biography/Eddie-Parker
Eddie Parker, (“Fast Eddie”), American billiards player (born June 2, 1931, Springfield, Mo.—died Feb. 2, 2001, Brownsville, Texas), was a legendary pool player whose exploits reportedly inspired the critically acclaimed 1961 film The Hustler. Parker played the game from the age of nine and, after a stint in the U.S. Navy in the early 1950s, toured extensively as a money player. In 1959 Walter Tevis, a young pool hall worker whom Parker had befriended, published a novel entitled The Hustler, on which the hit film was based. Actor Paul Newman portrayed the Parker-like character “Fast Eddie” Felson in the movie and reprised the role in the film’s 1986 sequel, The Color of Money. In later years Parker made appearances at billiards tournaments, gave exhibitions, and created instructional videotapes and books.
The real Fast Eddy was a guy name Eddy … Chinese American … in the late 90’s he was the head guy the HK office for a web browser (I believe it was Netscape … )…. had a meeting with him and one of the investors in the business I had started joined…. he had quit his job as the head of bonds for an international bank and had some space in our office as he pursued other things (so a fairly straight-laced cat)…
We get to the meeting and Eddy is dressed like a gang banger… NBA shirt baggy track pants …living the dream…. he talked so fast it was like he’d just come from snorting multiple lines of blow…
So we listen to his nonsense … then he takes us to see the ‘games floor’… this is an entire floor in one of the most expensive cities for office space in the world dedicated to — FUN!…. not lap dance fun or anything like that … basketball hoops… foosball etc…. at this point things had not degraded to the Wework state where you have 24/7 craft beer on tap … but the evolutionary track was in place …
Anyway… are on the lift (heading back to our grubby office in a back alley)… and I say …. so what do you think of Fast Eddy … and Mike says … I give it 6 months ….
https://www.arnnet.com.au/article/110974/netscape_closure_hk_fuels_rumours_netscape_will_bow_australia/
“The international community has mobilised $9trn in fiscal and monetary stimulus, but Africa’s share will amount to a meagre 2% – and even that is a generous estimate.”
https://www.theafricareport.com/27617/coronavirus-africa-given-shortest-end-of-global-stimulus-stick/
“It’s difficult to quantify the number of people in need during a crisis, but early indications suggest as many as 34% of people in South Africa have gone to bed hungry during the lockdown.
“There were millions of people living in poverty before Covid-19 and millions more now need food, urgently.”
https://www.dailymaverick.co.za/article/2020-05-08-hunger-numbers-millions-millions-millions-need-food/
“With most informal workers having no other means of support, they face an almost unsolvable dilemma: to die from hunger or from the virus… This has been exacerbated by disruptions in food supplies, which has particularly affected those in the informal economy.”
https://www.africanews.com/2020/05/07/contagion-or-starvation-the-stark-choice-for-informal-workers-during-the-covid-19-pandemic/
The International Labour Organization has done a study in this last link.
The ILO makes many observations, such as:
the informal economy
is that drug dealers, prostitutes, and… uber drivers?
Drug dealers seem to be doing well: the number of drug runs I do in my taxi has gone up from one a week to one a day. Uber drivers are still coming into York from Leeds and Bradford to pick up fares despite the ban on non-essential travel; I don’t know if they are being fined by the police, but I doubt it. Not taken any prostitutes around since the lockdown began, so I expect they’ve switched to online or returned to their homelands or both.
Curious… do any of the prosties ever try to barter services for the cab rides?
And if so ….
Kansas Officials Signal Readiness For 2nd Lockdown Ahead Of November Election
https://www.wibw.com/content/news/State-officials-confident-a-possible-second-Stay-At-Home-Order-can-be-handled-better-570258941.html
https://media1.tenor.com/images/d0a57ecc7186bc5ada8731754e308804/tenor.gif
Lots of different patterns by state. Minnesota has been under a stay-at-home order since March 27. Not doing a lot of good.
https://gailtheactuary.files.wordpress.com/2020/04/minnesota-kansas-georgia-florida-1-week-average-new-covid-cases-may-7.png
“The European Central Bank has offered to pay eurozone banks if they keep loans flowing to eurozone businesses. But many banks—still struggling with bad loans left over from the last crisis—have turned the central bank down…
“…the stimulus relies on a eurozone banking sector that is weak, fragmented and burdened with problem debts from its last crises.”
https://www.wsj.com/articles/ecb-offers-to-pay-banks-to-keep-credit-flowing-but-lenders-say-no-11588797428
“The world is already experiencing the worst global economic recession in the postwar period, so the last thing its global economy needs is another round of the Italian sovereign debt crisis.
“Yet that seems to be what the German constitutional court now has set it up to experience by throwing into question the legality of the European Central Bank’s bond-buying program.”
https://nationalinterest.org/feature/could-italy-default-its-debt-due-coronavirus-151791
According to the article,
“Italian debt is once again the must-watch bellwether for growing tensions within the euro-area.
“Global investors have lasered in on the nation’s bonds because, while they feature tempting yields, the government’s relatively weak finances add to the shared risk across the region.”
https://finance-commerce.com/2020/05/global-debt-funds-shun-italy-on-fears-that-euro-area-is-cracking/
I have been watching Mike Maloney videos on YT the past few weeks.Yesterday he did a one-off on USA debt. The numbers he refers to leave no room for doubt, even for sceptics.
USA’s DEBT CRISIS: Is This The End Of The System?
Mike Maloney refers to the US Debt Clock https://www.usdebtclock.org
He points out the that many of the tax collection categories are falling rapidly at the same the debt levels are rapidly increasing.
“For the first time in a while, bond traders are fretting over the U.S. government’s yawning fiscal deficits.
“Investors had been bracing for a deluge of new debt issuance in anticipation that the fiscal stimulus measures, healthcare spending, and hit to local and state budgets, resulting from the coronavirus pandemic, would require the Treasury Department to find buyers for trillions of government debt.”
https://www.marketwatch.com/story/analysts-warn-a-deluge-of-new-us-government-debt-could-spark-bond-market-tantrum-2020-05-07
“The Fed may not be explicitly buying equities, but its purchases have indirectly caused hundreds of billions to flow into them by pushing bond prices higher.
“As they expand from government to corporate bonds, this very well may continue a cascading effect that’s already been occurring.”
https://www.thestreet.com/investing/fed-bond-buying-driving-stock-market-rally
As the article says,
“The Fed may not be explicitly buying equities, but its purchases have indirectly caused hundreds of billions to flow into them by pushing bond prices higher.”
Bond prices higher means yields are lower. Stocks seem like a better bet.
PPT buys equities… (which is a division of the Fed)
Texas back in business? Barely, y’all, as malls, restaurants empty
https://www.reuters.com/article/us-health-coronavirus-usa-texas/texas-back-in-business-barely-yall-as-malls-restaurants-empty-idUSKBN22H19K
You may recall that the US consumer was last year being touted as the one bright spot in a troubled global economy. Well, 22 million of them may have lost their jobs in April alone.
“A new report says that total US consumer debt today is now $1.6 trillion higher, in nominal terms, than the previous peak of $12.68 million during the 2008 financial crisis… As credit standards tighten, borrowers may find it more challenging to qualify for mortgages and refinancing…”
https://www.forbes.com/sites/zackfriedman/2020/05/07/consumer-debt-financial-crisis/#2b200a06ded8
Unsurprisingly:
“The economic free fall from Covid-19 is taking its toll on what had been very strong housing demand and sentiment just a few months ago. After falling sharply in March, housing confidence among consumers took an even deeper dive in April…
“Consumers suddenly have a much more pessimistic view of buying and selling conditions. In addition, more consumers said their household income is now significantly lower than it was a year ago.”
https://www.cnbc.com/2020/05/07/consumer-confidence-in-housing-falls-to-lowest-level-since-subprime-crash.html
“U.S. banks are tightening standards on business and credit-card loans at a rate comparable rate to 2008, according to the latest Senior Loan Officer Opinion Survey on Bank Lending Practices, which is published every few months by the Federal Reserve.
“Banks are also tightening standards on every other category of loan, including auto loans and mortgages.”
https://www.barrons.com/articles/banks-are-tightening-lending-standards-like-it-was-2008-again-51588881348?mod=md_home_pan_mkt_news
Makes sense if the plan is to collapse the economy
Right. The economy needs a lot more credit, rather than a lot less. But without wages to pay the debt back, it is hard for banks to justify making the loans.
OH NO!!!
Covid-19 found in semen of infected men, say Chinese doctors
I imagine that it would be the same with any flu…. but what the he ll… let’s be SCARED anyway.. it’s the ‘in thing’ to do
https://www.psthatslife.com/wp-content/uploads/2015/07/Scared-Face.jpg
😂 That seems an unnecessary piece of research. You would imagine that if you are close enough to someone for them to come into contact with your semen then they are going to be getting a heavy viral load from you anyway!
Close down the Glory Hole!
OOOO MMMYYYY GODDDDD – i am so SCARED!!!
Coronavirus live news: WHO says 190,000 could die in Africa
Africa Coronavirus could ‘smoulder’ in continent for several years, WHO warns
YIKES!