Thursday, November 19, 2020

"Panic And Desperation Sweep Across America As Fears Of A 'Dark Winter' Continue To Rise"

"Panic And Desperation Sweep Across America
 As Fears Of A 'Dark Winter' Continue To Rise"
by Epic Economist

"A very dark winter is approaching, and considering that even the next administration is admitting that things are about to get really ugly, there's no wonder why Americans are being moved by panic and desperation. 

Those who can still afford to get supplies at the stores are emptying shelves at a fast speed, fearing shortages and the coming strict lockdowns. Meanwhile, those who were left without any other choice are being jammed in endless food bank lines to receive enough for maybe a week or two. In this video, we address how panic shopping behavior is about to prompt another wave of shortages very soon. 

Back in March, consumers rushed to the stores to stock up on cleaning products, non-perishables, and canned goods. However, the least fortunate ones that had to rely on external assistance to put food on their tables, often waiting in colossal lines at food banks, which, back then, were already stressed by the unprecedented rise in demand. 

Now the new wave of confirmed has once again become the primary focus of the mainstream media, leading the public to react in fear and making all of this happen again. Additionally, the prospects of a new round of strict lockdowns is making Americans worry that they might soon found themselves stuck at home without enough toilet paper and hand sanitizer. 

In many cities, these products are nowhere to be found, with companies outlining that supply chain disruptions are already occurring and the tendency is that the situation will only get more aggravating from now on. 

Furthermore, Biden has repeatedly warned that “we’re still facing a very dark winter”, while his health advisor disclosed to have plans to shut down the entire economy for weeks to bend the curb. Although winter doesn't start until a month from now, consumers hoarding behavior has already begun to be registered across the country. 

In California, shoppers are racing to local markets to stockpile essentials one more time. The so-called "panic shopping" has already drained some stores of their toilet paper and cleaning supplies. It's understandable why Californians are so panicked to stockpile enough cleaning supplies. After the burst of the crisis, it became impossible to find any store that had even one bottle of hand sanitizer left on the shelves. Gloves, Clorox wipes, paper towels, cleaning supplies, hand soap, frozen food, and food staples such as rice or any type of meat were completely sold out all across the state. 

In some cities, a widespread shortage of toilet paper lingered for months, and the product became a coveted item and a scarce commodity. "Some became so desperate that they resorted to theft", officers informed, describing that they busted three individuals in a "heinous toilet paper caper. As preposterous as it sounds, similar occurrences were recorded across the country and are expected to continue since many can't find the means to buy such products, and attack other's stockpiles to get what they need. 

Giants such as Walmart stated months ago to be stockpiling in advance to prevent shortages, but on Tuesday revealed that supply chains haven't kept up with the skyrocketing demand, and several goods have been harder to stock especially in locations with acute spikes in new virus cases. According to market research firm IRI's data, approximately, 21% of paper products and 16% of household cleaning products were out of stock during the week ending November 15. Before the crisis, less than 5% of such products were out of stock.

The panic-buying issue has become so extreme that it is being studied as a social phenomenon triggered as a consequence of the sanitary crisis. Right after the outbreak struck, supply chains were promptly disrupted as retailers struggled to adjust to meet the sudden demand. A recent study pointed out that this response is largely triggered by fear. 

Having to cope with mounting uncertainty, those shopping behaviors provide a way to deal with fear and to "relieve anxiety and regain control over the crisis". In some states, the threat of sending law enforcement to private homes to enforce government mandates, as well as mandatory and arbitrary orders about who people can, and cannot, have over for the Thanksgiving and Christmas holidays, have made people rush into the stores, leaving shelves bare. 

Despite several grocery chains had created "pandemic pallets" not to get caught flat-footed again when hoarding tendencies remerged amid another round of lockdowns, many of those never have completely recovered from round one. For that reason, it's inevitable not to anticipate further shortages and possibly another break on supply chains by the end of the year."

"Monetary and Fiscal Policy Won’t Work"

"The 'Sugar Rush' Economy"
by Dan Amoss

January is still a ways off, yet many economists have already forecast the types of stimulus plans that might arrive from the federal government and how these plans might impact the economy. So, will the size of the expected 2021 stimulus package surprise on the upside or the downside? I’ll first explore this question. Then I’ll explain its impact on the dollar.

Barring a successful Trump legal challenge to the election results, Joe Biden will take office in January. A Biden administration would likely have to negotiate with a Senate led by Mitch McConnell (though that’s not certain, depending on the outcome of the two runoff elections in Georgia on January 5).

The two men have a long history of negotiating. Each has shown a willingness to let the other side claim a “win” in a compromise, while also getting something they want. Infrastructure and government-supported jobs seem to be Biden’s priorities. A federal judiciary that doesn’t “legislate from the bench” seems important to McConnell. I could imagine a compromise in which McConnell trades Biden a hefty stimulus package for tangible commitments to protect the independence of the judiciary.

Throughout their careers, neither of them has been very concerned about deficits. So we can be fairly confident that federal deficits will remain very high and that the Fed will ultimately fund a large percentage of the deficit in order to suppress yields on Treasury bonds. So the national debt will likely continue to balloon despite predictions of “gridlock” in the federal government. And rapid growth in the debt is a strong source of support for gold. High deficits with heavy spending foster the conditions for rising inflation in the years ahead.

As my colleague Jim Rickards often notes, a jump in inflation is not likely in the near term because money velocity is so low (see below for more). But one thing that could make money velocity jump higher would be broader recognition that federal deficits are out of control and will keep growing at a rate that far exceeds GDP growth.

Why should we expect government deficits and debt to grow at a faster pace than the underlying economy? We’re long past the point when central bank rate cuts can stimulate economies because consumers would simply react by saving more than they already are saving. It’s like raising a kid on a diet with frequent sugar rushes. The economy has become addicted to easy monetary policy and a massive government budget. Tighten conditions for either of these factors, and the economy quickly goes into withdrawal.

Too much stimulus, like too much sugar, has damaging long-term consequences. When an economy’s debt grows, it transfers what would have been future economic activity into the present. So it’s logical to assume that as the stock of global debt soared over the past decade, a large amount of production and consumption activity was pulled from the future to the present. The borrowed-against future eventually arrives and brings with it a collapse in demand for the already-bought items.

So when you see or hear the word “stimulus plan” in the months ahead, imagine a sugar rush. It might yield a satisfying short burst of energy. But there is always a hangover, and there are long-run consequences for the economy. The endgame of this cycle is a radical debasement of the U.S. dollar (and most other paper currencies), which will make precious store metals like gold an excellent store of value.

Below, Jim Rickards shows you why we’re actually in a depression and why neither monetary policy nor fiscal policy can lift us out of it. He also shows you when you can expect to see inflation. Read on.
"Monetary and Fiscal Policy Won’t Work"
by Jim Rickards

"As I’ve argued before, we’re in a new depression. You won’t hear that from mainstream economists. They’ll say we had a recession because of the COVID lockdowns, but they’ll never mention a depression. But, most of them don’t understand what a depression really is. The starting place for understanding a depression is to get the definition right.

Most think a depression must mean an extra-long period of decline. But that's not the definition of depression. The best definition ever offered came from John Maynard Keynes in his 1936 classic "The General Theory of Employment, Interest and Money." Keynes said a depression is "a chronic condition of subnormal activity for a considerable period without any marked tendency either towards recovery or towards complete collapse."

Notice that Keynes didn’t refer to declining GDP; he talked about "subnormal" activity. In other words, it's entirely possible to have growth in a depression. The problem is that the growth is below trend. It’s weak growth that doesn’t do the job of providing enough jobs or staying ahead of the national debt. That is exactly what the U.S. has been experiencing for years and is experiencing today.

Monetary and fiscal policy won’t lift us out of the new depression. Let’s first take a look at monetary policy.

It’s the Velocity, Stupid: Fed money printing is an exhibition of monetarism, an economic theory most closely associated with Milton Friedman. Its basic idea is that changes in money supply are the most important cause of changes in GDP. A monetarist attempting to fine-tune monetary policy says that if real growth is capped at 4%, the ideal policy is one in which money supply grows at 4%, velocity is constant and the price level is constant. This produces maximum real growth and zero inflation. It’s all fairly simple, as long as the velocity of money is constant.

But, it turns out that money velocity is not constant, contrary to Friedman’s thesis. Velocity is like a joker in the deck. It’s the factor the Fed cannot control. Inflation is caused by the velocity, or the turnover, of money. Velocity is a psychological phenomenon. It depends on how an individual feels about his economic prospects. The Fed can “print” all the money in the world. But if people don’t actually spend it but save it instead, it won’t create inflation because there’s no velocity. Think of when you tip a waiter. That waiter might use that tip to pay for an Uber. And that Uber driver might pay for fuel with that money. This velocity of money stimulates the economy.

Velocity has been crashing for the past 20 years. From its peak of 2.2 in 1997 (each dollar supported $2.20 of nominal GDP), it fell to 2.0 in 2006, just before the global financial crisis, and then crashed to 1.7 in mid-2009 as the crisis hit bottom. Velocity continued to fall to 1.43 by late 2017, despite the Fed’s money printing and zero rate policy (2008–15).

Even before the new pandemic-related crash, it fell to 1.37 in early 2020. As velocity approaches zero, the economy approaches zero. There is no economy without velocity. The bottom line is, monetary policy can do very little to stimulate the economy unless the velocity of money increases. And the prospects of that happening aren’t great right now, especially as new lockdowns loom. But what about fiscal policy? Can that help get the economy out of depression?

The Broken Keynesian Multiplier: The government will add more to the national debt this year than all presidents combined from George Washington to Bill Clinton. That added debt could increase the U.S. debt-to-GDP ratio to 130%. That’s the highest in U.S. history and puts the U.S. in the same super-debtor’s league as Japan, Greece, Italy and Lebanon.

The idea that deficit spending can stimulate an otherwise stalled economy dates to John Maynard Keynes, who I mentioned earlier. Keynes’ idea was straightforward. When the government spent money (or gave it away), the recipient would spend it on goods or services. Those providers of goods and services would, in turn, pay their wholesalers and suppliers. This would increase the velocity of money. Depending on the exact economic conditions, it might be possible to generate $1.30 of nominal GDP for each $1.00 of deficit spending. This was the famous Keynesian multiplier. To some extent, the deficit would pay for itself in increased output and increased tax revenues. Here’s the problem:

There is strong evidence that the Keynesian multiplier does not exist when debt levels are already too high. In fact, America and the world are inching closer to what economists Carmen Reinhart and Kenneth Rogoff describe as an indeterminate yet real point where an ever-increasing debt burden forces a debtor nation into austerity, outright default or sky-high interest rates.

Here’s how it happens: When the Keynesian multiplier falls below 1, a dollar of debt and spending produces less than a dollar of growth. Creditors grow anxious while continuing to buy more debt in a vain hope that policymakers reverse course or growth spontaneously emerges to lower the ratio. This doesn’t happen. The economy is addicted to debt, and the addiction consumes the addict.

The endpoint is a rapid collapse of confidence in U.S. debt and the dollar. This means higher interest rates to attract investor dollars to continue financing the deficits. Of course, higher interest rates mean larger deficits, which makes the debt situation worse. The result is another 20 years of slow growth, austerity, financial repression (where interest rates are held below the rate of inflation to gradually extinguish the real value of debt) and an expanding wealth gap.

The next two decades of U.S. growth would look like the last two decades in Japan. Not a collapse, just a slow, prolonged stagnation. This is the economic reality we are facing. And neither monetary policy nor fiscal policy will change that.

So, we’re looking at disinflation and deflation for now, despite all the money creation we’ve been seeing. But that doesn’t mean inflation is dead. Not at all. The inflation will arrive, just not yet…

When You’ll See Inflation: Between 2008 and 2014, the Fed created trillions of dollars through quantitative easing. Many analysts sounded the alarm about “inflation” as the inevitable consequence of all that excessive money printing. But, despite all the fears, nothing bad happened.

Inflation actually fell; there was no serious inflation threat. Interest rates fell. There was no “bond bubble” or rout in the bond market. As a result, it seemed that debt didn’t matter after all. That’s why there’s so little resistance to all the money printing we’ve seen since the pandemic started. It’s like the boy who cried wolf. Analysts cried wolf about inflation during the last crisis, but the wolf never materialized. Why should we listen to them now?

But inflation will come when people lose confidence in the dollar and suddenly dump dollars for any hard assets they can find. Money velocity will accelerate, but it won’t be into consumer goods. It’ll be into hard assets that hold their value over time, gold in particular. In other words, the best leading indicator of inflation won’t be found in the grocery store or at the gas pump.

It’ll be found in the dollar price of gold. Of course, higher gold prices mean higher consumer prices since higher gold prices mean a weaker dollar. More dollars will be required to buy the same amount of goods. When gold pushes past $2,000 per ounce toward $3,000, that’s your signal that inflation in the price of everything else is not far behind. Don’t wait until that happens. Buy your gold now while it’s still affordable (about $1,860)."
Freely download 
"The General Theory of Employment, Interest and Money",
by John Maynard Keynes, here:

"Covid-19 Pandemic Updates 11/19/20"


Thu, 11/19/2020 - 12:30: "The COVID Feedback Loop"
Nov. 19, 2020 2:01 PM ET:
The coronavirus pandemic has sickened more than 56,661,800 
people, according to official counts, including 11,695,579 Americans.

      Nov. 189, 2020 2:01 PM ET: 
Coronavirus in the U.S.: Latest Map and Case Count
Updated 11/19/20, 2:25 PM ET
Click image for larger size.

Gregory Mannarino, "UPDATES Plus! Stocks Reverse On New Stimulus Talk"

Gregory Mannarino,
"UPDATES Plus! Stocks Reverse On New Stimulus Talk"
Related:
"Senate Majority Leader Mitch McConnell, R-Ky., has agreed to resume negotiations with Democrats over a potential new Covid-19 bill as cases continue to surge around the country, Sen. Chuck Schumer, D-N.Y., said on Thursday. “Last night, they’ve agreed to sit down and the staffs are going to sit down today or tomorrow to try to begin to see if we can get a real good Covid relief bill,” the minority leader said during a press conference in New York. “So there’s been a little bit of a breakthrough in that McConnell’s folks are finally sitting down and talking to us.” However, Politico's Sherman highlights: "Republicans are describing the meeting this afternoon as being about government spending ahead of the Dec. 11 deadline while "Democrats are describing the meeting as being about Covid relief/government spending."

Musical Interlude: Jason Mraz, "I Won't Give Up"

Jason Mraz, "I Won't Give Up"
Full screen recommended.

"A Look to the Heavens"

“To some, the outline of the open cluster of stars M6 resembles a butterfly. M6, also known as NGC 6405, spans about 20 light-years and lies about 2,000 light years distant. M6 can best be seen in a dark sky with binoculars towards the constellation of Scorpius, coving about as much of the sky as the full moon. 

Like other open clusters, M6 is composed predominantly of young blue stars, although the brightest star is nearly orange. M6 is estimated to be about 100 million years old. Determining the distance to clusters like M6 helps astronomers calibrate the distance scale of the universe.”

"Perhaps They Never Will..."

"One summer night, out on a flat headland, all but surrounded by the waters of the bay, the horizons were remote and distant rims on the edge of space. Millions of stars blazed in darkness, and on the far shore a few lights burned in cottages. Otherwise there was no reminder of human life. My companion and I were alone with the stars: the misty river of the Milky Way flowing across the sky, the patterns of the constellations standing out bright and clear, a blazing planet low on the horizon. It occurred to me that if this were a sight that could be seen only once in a century, this little headland would be thronged with spectators. But it can be seen many scores of nights in any year, and so the lights burned in the cottages and the inhabitants probably gave not a thought to the beauty overhead; and because they could see it almost any night, perhaps they never will."
- Rachel Carson

The Poet: Robinson Jeffers, "Love That, Not Man Apart From That"

"Love That, Not Man Apart From That"

"Then what is the answer? Not to be deluded by dreams.
To know that great civilizations have broken down into violence,
and their tyrants come, many times before.
When open violence appears, to avoid it with honor or choose
the least ugly faction; these evils are essential.
To keep one’s own integrity, be merciful and uncorrupted
and not wish for evil; and not be duped
By dreams of universal justice or happiness.
These dreams will not be fulfilled.
To know this, and know that however ugly the parts appear
the whole remains beautiful. A severed hand
Is an ugly thing and man dissevered from the earth and stars
and his history... for contemplation or in fact...
Often appears atrociously ugly.
Integrity is wholeness, the greatest beauty is
Organic wholeness, the wholeness of life and things,
the divine beauty of the universe.
Love that, not man apart from that,
or else you will share man’s pitiful confusions,
or drown in despair when his days darken."

- Robinson Jeffers

"If You Live On This Land..."

"If you live on this land, and you have ancestors sleeping in this land,
I believe that makes you a native to this land.
It has nothing to do with the color of your skin.
I was not raised to look at people racially.
What I was taught is that we're flowers in the Great Spirit's garden.
We share a common root, and the root is Mother Earth."

- Oh Shinnah Fastwolf, Shishindi Nation (Apache)

"Sometimes..."

 

The Daily "Near You?"

 
Tillsonburg, Ontario, Canada. Thanks for stopping by!

"The Chief Obstacle..."

"The chief obstacle to the progress of the human race is the human race."
- Don Marquis

"In the mass of mankind, I fear, there is too great a majority of fools and knaves,
who, singly from their number, must to a certain degree be respected, 
though they are by no means respectable."
- Philip Stanhope

"Back to the Usual Grift"

"Back to the Usual Grift"
by Bill Bonner

"Permit me to issue and control the money of a nation, 
and I care not who makes its laws!"
– Mayer Amschel Rothschild,
founder of the Rothschild banking dynasty

SALTA, ARGENTINA – "We are on our way back to the U.S. Our first stop is the local capital city, Salta. After nine months in the Calchaquí Valley, it seems odd to walk on pavement… to hear so much noise… and to see so many people, all with their faces covered. Masks are obligatory here.

But do they make any difference? Apparently not. Here’s The New York Times: "A New Study Questions Whether Masks Protect Wearers. You Need to Wear Them Anyway." "Researchers in Denmark reported on Wednesday that surgical masks did not protect the wearers against infection with the coronavirus in a large randomized clinical trial. But the findings conflict with those from a number of other studies, experts said, and is not likely to alter public health recommendations in the United States."

You need to wear them anyway,” says the NYT. But why? Because Christians wear crosses. Jews wear yarmulkes. Sikhs wear turbans. And in the feds’ new religion, the faithful must wear the holy rag. They must give the fist bump and believe in the infallibility of Dr. Fauci and the other high priests. Only they can save us from the wrath of the Great Plague.

Praying for Deliverance: And of course, we’re all on the edge of our pews – waiting for Pfizer or Moderna to come through with the talisman we need to ward off the evil spirits. In Pfizer’s test – this is “science,” remember – they lined up 43,538 people to prove that their latest juju works. Trouble was, they couldn’t get the damned guinea pigs to get sick. As we read the numbers, the mammalian immune system… refined over approximately 285 million years… was the real winner. It was 99.97% effective at preventing serious illness in the whole group. Only nine of the placebo group developed any serious illness, and only one of those who got the vaccine.

That hardly seems very scientific to us, but it was enough for Pfizer to declare their elixir 95% effective! No matter that it is all hocus pocus. As Dr. Fauci said, this is not the time to think independently, or to think at all. This is the “time to do what you are told.” So we bow before the new gods… and pray for deliverance.

Fake Everything: But let us now turn from the gods to Mammon. Here at the Diary, we focus on the money. Or, more precisely, on the fake money that the U.S. tricked up in 1971. We focus on the money, not because we especially care about money itself, but because so much of life depends on it. Money is what we use to keep track of time… effort… luck… forbearance… self-discipline… energy… raw materials… sweat… innovation… and all the other things that go into creating real wealth.

Fake the money, and you also fake up the whole archipelago of rigors, relationships, and realities that rule our lives. We don’t use money simply to measure the value of a ton of grain or a new Mercedes. We use it to measure ourselves and others. We have a “two-bit” (25 cent) lawyer… and we recognize the fool by how fast he and his money part ways. In England, someone is as “nice as nine-pence” or as “queer as a nine-bob note.” 

As for the two political parties in America, as former four-term governor of Alabama George Wallace once remarked, there is “not a dime’s worth of difference between them.”

Fake money fakes up everything… and brings the two parties even closer together. It makes it easier for them to collude – to increase their own power and wealth at the expense of the public. Rather than have to beg for money from the taxpayers… or borrow it from the future… the feds can “print” it. Without this printing-press money, for example, this year’s $7 trillion spending lalapalooza would have been impossible. As would this year’s presidential contest…

Cruel Fate: Poor Donald Trump was outspent, on TV ads alone, by two to one – about a billion dollars more was spent by the Biden team. Where did the money come from? And why did it flow to a hacky has-been? Well, the hack is promising to return things “back to normal.”

Donald Trump actually did more for the insider elite than any president since Franklin Roosevelt. He filled The Swamp with more fake money than any of them. The biggest donors to Joe Biden came from Wall Street. Donald Sussman. Jim Simons. Seth Klarman. Michael Moritz. The hedge fund managers “gave back” some of the fake profits Donald Trump had given them… but to his opponent!

Yes, the ingrates considered Trump unreliable, unpredictable, and embarrassingly uncouth. They laughed at him… they undermined him… and, in the end, they drowned him in The Swamp he had helped create.

Cruel, cruel fate. And now… with the whirling dervish Trump finally becalmed… the hack packing his bags for the move into the White House… and false prophets preaching salvation… we are all ready to get back to the usual grift. Stay tuned…"

"I Wish..."

"I wish it need not have happened in my time," said Frodo. 
"So do I," said Gandalf "and so do all who live to see such times. 
But that is not for them to decide.
All we have to decide is what to do with the time that is given us."

- J.R.R. Tolkien, "Lord of the Rings"

"Top Pathologist Claims COVID-19 Is 'The Greatest Hoax Ever Perpetrated On An Unsuspecting Public'"

"Top Pathologist Claims COVID-19 Is 
'The Greatest Hoax Ever Perpetrated On An Unsuspecting Public'"
 by Paul Joseph Watson

"Top pathologist Dr. Roger Hodkinson told government officials in Alberta during a zoom conference call that the current coronavirus crisis is “the greatest hoax ever perpetrated on an unsuspecting public.” Hodkinson’s comments were made during a discussion involving the Community and Public Services Committee and the clip was subsequently uploaded to YouTube.
Noting that he was also an expert in virology, Hodkinson pointed out that his role as CEO of a biotech company that manufactures COVID tests means, “I might know a little bit about all this.” “There is utterly unfounded public hysteria driven by the media and politicians, it’s outrageous, this is the greatest hoax ever perpetrated on an unsuspecting public,” said Hodkinson.

The doctor said that nothing could be done to stop the spread of the virus besides protecting older more vulnerable people and that the whole situation represented “politics playing medicine, and that’s a very dangerous game.” Hodkinson remarked that “social distancing is useless because COVID is spread by aerosols which travel 30 meters or so before landing,” as he called for society to be re-opened immediately to prevent the debilitating damage being caused by lockdowns.

Hodkinson also slammed mandatory mask mandates as completely pointless. “Masks are utterly useless. There is no evidence base for their effectiveness whatsoever,” he said. “Paper masks and fabric masks are simply virtue signalling. They’re not even worn effectively most of the time. It’s utterly ridiculous. Seeing these unfortunate, uneducated people – I’m not saying that in a pejorative sense – seeing these people walking around like lemmings obeying without any knowledge base to put the mask on their face.”

The doctor also slammed the unreliability of PCR tests, noting that “positive test results do not, underlined in neon, mean a clinical infection,” and that all testing should stop because the false numbers are “driving public hysteria.”

Hodkinson said that the risk of death in the province of Alberta for people under the age of 65 was “one in three hundred thousand,” and that it was simply “outrageous” to shut down society for what the doctor said “was just another bad flu.” “I’m absolutely outraged that this has reached this level, it should all stop tomorrow,” concluded Dr. Hodkinson.

Hodkinson’s credentials are beyond question, with the MedMalDoctors website affirming his credibility. “He received his general medical degrees from Cambridge University in the UK (M.A., M.B., B. Chir.) where he was a scholar at Corpus Christi College. Following a residency at the University of British Columbia he became a Royal College certified general pathologist (FRCPC) and also a Fellow of the College of American Pathologists (FCAP).” “He is in good Standing with the College of Physicians and Surgeons of Alberta, and has been recognized by the Court of Queen’s Bench in Alberta as an expert in pathology.”

In case the above video gets deleted by YouTube, a backup via Bitchute is available here."

"Market Fantasy Updates 11/19/20"

"Market Fantasy Updates 11/19/20"
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
"12 Million Americans Could Lose Unemployment Aid After 
Christmas Without Stimulus; 14 Million Pending Evictions"
Gregory Mannarino, AM 11/19/20:
"This ENGINEERED By Design Economic 
Collapse IS Getting Rapidly Worse"
Updated live.
Daily Update (Nov. 18h to 20th)
Insanity... 
And now... The End Game...

"How It Really Is"

 

"Now Is The Time For Americans To Rebel Against Lockdowns, Mask Mandates, & Forced Vaccination"

"Now Is The Time For Americans To Rebel Against Lockdowns,
 Mask Mandates, & Forced Vaccination"
by Brandon Smith

"With the presidential election highly contested and the mainstream media hyping the rising infection numbers, the public is now facing important questions regarding the future of the pandemic response. Some states have decided to unilaterally introduce “executive orders” to restrict citizen movements, business openings and public activities.

Anthony Fauci is on the news constantly, calling for families to cancel Thanksgiving and Christmas and telling Americans to just “do what we are told”. The media is generally trying to drum up fear in the minds of the populace and paint images of plague and death everywhere. If Biden does actually end up in the White House, a federalized and national high level lockdown is on the table starting in January.

In April of this year I published an article titled ‘Waves Of Mutilation: Medical Tyranny And The Cashless Society’, which outlined a social engineering model put forward by globalists at MIT and the Imperial College of London which I called “wave theory”. The model essentially works like this:

Governments must use the pandemic as a rationale for “waves” of restrictive lockdowns, followed by controlled re-openings of the economy and of normal human activity. Globalists claim that this will “slow” the spread of the coronavirus and save lives. However, they also openly admit that these cycles of closures and openings have other uses.

Over time, the citizenry becomes acclimated to governmental intrusion in their everyday lives, and they get used to the idea of bureaucracy telling them what they are not allowed to do when it comes to the simplest activities. The system thus bottlenecks all human interactions to the point that we are constantly asking for permission. We become slaves to the Covid response.

As globalist Gideon Lichfield from MIT stated in his article ‘We’re Not Going Back To Normal’: “Ultimately, however, I predict that we’ll restore the ability to socialize safely by developing more sophisticated ways to identify who is a disease risk and who isn’t, and discriminating - legally - against those who are.

One can imagine a world in which, to get on a flight, perhaps you’ll have to be signed up to a service that tracks your movements via your phone. The airline wouldn’t be able to see where you’d gone, but it would get an alert if you’d been close to known infected people or disease hot spots. There’d be similar requirements at the entrance to large venues, government buildings, or public transport hubs. There would be temperature scanners everywhere, and your workplace might demand you wear a monitor that tracks your temperature or other vital signs. Where nightclubs ask for proof of age, in future they might ask for proof of immunity - an identity card or some kind of digital verification via your phone, showing you’ve already recovered from or been vaccinated against the latest virus strains.”

Note that Lichfield suggested that in order to participate in the normal economy you might need to show verification that you have been “vaccinated against the latest virus strains”. In other words, the elites expect there to be many more viral events or mutations AFTER Covid 19 has run its course, and the restrictions and controls we see today are meant to continue, possibly FOREVER.

The reality is that the wave model is not a very practical plan for stopping viral spread, but it is a perfect method for conditioning people to submit to a high level of control over their personal lives that they never would have accepted otherwise. The Covid response has also been heralded by elites at the World Economic Forum as a perfect “opportunity” to initiate what they call the “Great Reset”. The reset is a plan to deconstruct what’s left of the free market capitalist system, introduce carbon controls in the name of the global warming fraud, institute a global cashless monetary system, and finally, move humanity into what they call a “shared economy” in which the average person is no longer allowed to own private property of any kind and is completely dependent on the system for their basic necessities.

Of course, such a complex system of “solutions” (dominance) over every individual would need to be managed in a highly centralized way. Meaning, global governance by the elitist establishment would be the end result. Naturally…the globalists would reluctantly take the reins of power for “the greater good”.

This is the bigger picture, the underlying threat at the core of the lockdowns and Covid laws. That said, there are also numerous arguments based on logic and evidence as to why there is no reason for people to submit to such restrictions. Let’s outline them in a simple list:

The Coronavirus Kills Less Than 1% Of The People It Infects: Medical studies in the US indicate that the coronavirus deaths rate for citizens NOT living in nursing homes has been holding well below 1% on average. The largest percentage of deaths by far in the US has been in nursing homes among elderly people with preexisting conditions. People in long term care facilities make up 8% of Covid infection cases but they are 45% of all covid deaths.

Pneumonia alone kills around 50,000 Americans each year according to the CDC, and that’s with vaccinations, yet, we are supposed to panic and hand over all our freedoms in the name of stopping a disease which affects a tiny percentage of the population? This is why the media and governments have decided to hyperfocus on infection numbers rather than deaths. The death numbers do not warrant the amount of panic the establishment is trying to foment.

Lockdowns Destroy The Economy: It’s basic math and finance; the small business sector of the US economy is dying. Small businesses make up around 50% of US employment. The Covid bailout money, handled by international banks like JP Morgan, did not get to the vast majority of small businesses that were supposed to receive it. Those businesses that did get bailouts are still on the verge of closure or bankruptcy. Any further lockdowns will be the final nail in the coffin for the US economy, except for major corporations which are enjoying the lion’s share of stimulus cash.

How many lives will be damaged or lost due to poverty and economic collapse if the current trend continues? I suspect far more than any lives lost because of Covid.

Why is no one in the mainstream talking about the most practical solution to the pandemic? The small percentage of people who are most at risk can STAY HOME and take precautions as necessary, while the rest of us get on with our lives. Why are we being ordered to do the exact opposite just to make less than 1% of the population feel safer? How is this logical, reasonable or scientific? The only answer that makes sense is that the lockdown response is about control, not saving lives.

State Governors Have No Authority To Take Away Your Civil Liberties, And Neither Does The President: Restrictions based on executive orders have no legal authority under the Constitution. They are color of law, not true law. Laws are debated and passed by state legislatures, not by state governors. Executive orders only apply to state employees and have no bearing on the citizenry.

Leftists and statists argue that during a national crisis the governor has emergency powers and states can do whatever they want. This is false. Under the constitution and the Bill of Rights, state governors do not get to proclaim a national emergency based on their personal opinion and then declare themselves dictators in response. Any “laws” exerted because of such a process are therefor null and void; they are meaningless.

If the states have the ability to do whatever they want without oversight, then they would be able to bring back Jim Crow laws (among other things). Do leftists support that idea as well? If the federal government and the president have the power to violate the Bill of Rights during a national emergency, then Donald Trump has the authority to bring in martial law across the country because of leftist riots. Do leftists agree with that outcome?

It is interesting to me that the political left in particular is so keen on defending the idea of states and governors having the power to unilaterally enforce pandemic restrictions without oversight or checks and balances. Yet, they have been aggressively opposed to state powers in the past when they had a Democratic president like Obama in office. The left has also been staunchly opposed to executive orders applied by Donald Trump, but they applaud the idea of executive orders on lockdowns being instituted by Biden.

So, leftists support unilateral state power only when it works in favor of their agenda, and they support unilateral federal and presidential power only when it works in favor of their agenda. What a surprise…

The bottom line is this: State government powers do not supersede the Bill of Rights. Federal government powers do not supersede the Bill of Rights. NO ONE has the legal power to take away your inherent liberties. Those that claim otherwise have something to gain from your enslavement.

Mask Laws Are Unscientific: The majority of masks being used by the public today are cloth masks. Not even the CDC recommends the use of cloth masks for their own employees or medical workers. They only recommend N95 masks. They also admit that cloth masks are much less effective at preventing contact with the virus. Yet, the CDC supports the enforcement of cloth masks for the public.

On top of that, some states and countries with the most stringent mask laws continue to see huge spikes in coronavirus infections. For example, New York has been one of the most tyrannical enforcers of mask laws and lockdowns in the US, but in November the state has witnessed extensive infection increases. California, Michigan and Illinois have also seen dramatic infection spikes this month despite hard enforcement of masks. So, where is the science?

It would appear that masks are a placebo; if they actually worked, then the states with the most aggressive enforcement should be seeing a dramatic downturn in cases, not exponential increases. Furthermore, why are many states and countries trying to force citizens to wear masks outside in open air and sunlight when viruses cannot survive in such conditions? UV light from the sun is nature’s sterilizer, but no one in the mainstream or in government acknowledges this scientific fact. Again, this shows that mask laws are about control, not about science or saving lives.

Covid Vaccination Is Unnecessary And Potentially Dangerous: Why should people get vaccinated for a virus that over 99% of them will easily survive anyway? Why not simply attain “herd immunity” through natural infection spread and antibodies? The mainstream will continue to ignore these questions because they are inconvenient to the wider agenda.

Also, why should anyone trust a vaccine that was rushed out in less than a year’s time? China and the rest of the world spent over a decade trying to develop a vaccine for SARS unsuccessfully, but we are supposed to believe that they created a vaccine for SARS related Covid 19 within months?

The last time the government rushed out a vaccine for a viral epidemic was the 1976 swine flu scare, and that ended with numerous permanently damaged or dead individuals due to faulty vaccines.

As I noted in my article ‘Why The Public Should Rebel Against Forced Vaccinations’, published in May, there are numerous examples of vaccine tests and implementation going very wrong, from Bill Gates and the World Health Organization giving people polio in various countries through vaccines, to Novartis and their deadly testing of a Bird Flu vaccine on homeless people in Poland, to GlaxoSmithCline and the deaths of children due to their pneumonia vaccine.

Again, it’s simply not worth the risk over a virus that over 99% of people will survive. The idea of such risk being forced on the public is completely unacceptable, but many government officials have supported the idea over the past six months. It is important for the public to make it clear now that they will NOT be allowing state or federal governments to make vaccination mandatory.

Rebellion Is Needed To Put A Stop To The Fear Machine: In closing, there are endless reasons why we must end the pandemic lockdown agenda once and for all. Most importantly, the lockdowns, mask orders and vaccine plans are a stepping stone to something much worse – Medical tyranny and centralization on an unprecedented scale. I will not personally follow such rules because they are not scientifically or morally sound. They are nonsense designed to frighten the public into complacency and consent.

A rebellion against such measures would be very easy to win. All we have to do is refuse to follow their mandates. What are they going to do? Lock up millions of people? Shoot us? That would sort of defeat the supposed purpose of the very measures they demand we follow. And, if it comes to violence, so be it. I have no problem fighting to defend my freedoms and the freedoms of future generations. Perhaps it is time for conservatives and moderates that stand against the lockdowns to organize for this possible future."
Related Must Read:

Wednesday, November 18, 2020

Must Watch! “Credit Card Rates Soar; Costco Toilet Paper Sales Skyrocket; Restaurants Destroyed; Economy Weak”

Jeremiah Babe,
“Credit Card Rates Soar; Costco Toilet Paper Sales Skyrocket; 
Restaurants Destroyed; Economy Weak”

"SoftBank CEO Warns Of 'Lehman-Like-Crisis' That Could Crash Global Economy And Society"

"SoftBank CEO Warns Of 'Lehman-Like-Crisis' 
That Could Crash Global Economy And Society"
by Epic Economist

"The SoftBank CEO is warning that a "Lehman-like crisis" could crash the entire global economy. In fact, doomsday predictions for a meltdown of worldwide proportions aren't short amongst experts. In a recent article, renowned anthropologist Joseph Tainter explains why we're already inevitably marching towards the end of the world's civilization as we know it, and we're now headed not only to an economic but also to a major societal breakdown, that will disintegrate the whole system and put humanity back to square one.In this video, we examine experts' insight on how the current financial, economic and social instability is catalyst that could trigger an extraordinary global economic collapse, changing the world as a whole.

Writer and professor, Joseph Tainter is known for having a “sober” perspective when it comes to turbulent episodes experienced worldwide. Amid a global health crisis, walloping unemployment, the eruption of multiple hunger crises, mounting social agitation, and an increasing uncertainty about the future, when questioned if our compounding crises are signaling the start of a major societal rupture, he admitted that our “contemporary society has built-in vulnerabilities that could allow things to go very badly indeed”. 

If deterioration continues to rapidly spread at the foundations that have been holding the world together, a generalized disintegration could happen sooner rather than later. In fact, he disclosed to worry it could begin before the year was over. Economists and market strategists have been constantly alerting that the downfall of a single major institution may lead to a global economic collapse. This institution could be an international bank, a leading multinational company, or even the meltdown of one of the world’s dominant economies.

A global collapse will not solely emerge through the happening of the health crisis, or the financial and economic volatility several nations have been dealing with, or even the social dissatisfaction that is being taken to the streets. It’s when not one, but all of these determinants become unsustainable in various places of the planet that things start to fall apart. And if we take a quick look at our neighbors, we’ll understand why experts have been more scared than ever that things can swiftly spiral out of control. 

Civilizations are fragile, impermanent things. So the fear surrounding a worldwide meltdown isn’t an apprehension regarding a possibility, but instead the consideration that all states that ever risen in human history have also fallen one day. It seems that now, the convergence of all these critical crises across the globe has given the push needed to make society only fall downhill from here.

In other words, the unsustainability of our economic policies, institutions, political and social junctures, have made societies vulnerable to collapse. Challenges that otherwise could be manageable, such as natural disasters, popular uprisings, and viral outbreaks become insuperable. The United States was collapsing way before the occurence of health crisis. For the last 40 years, our population has been growing poorer and more unhealthy as elites continued to collect staggering profits, boosting their wealth, and expanding their institutional legitimacy. 

The current sanitary outbreak has only given us a taste of what happens when a society fails to meet the challenges that it faces, when those who rule the world tend to solely focus on their own issues and leave the population to fight for crumbs. It has emphasized our economic fragility, after we’ve seen years of progress in our unemployment rates being wiped out within the first month of the burst - as well as the formation of several bubbles in the markets, the overwhelming increase of the national debt, and now we’re experiencing a hunger crisis, while our institutions continue to collapse. 

Moreover, the next year’s forecasts point to a massive homelessness crisis and ever further financial hardships. That show us that the outbreak might only be the final blow in a descent that had already become inevitable. Furthermore, on the financial backdrop, the SoftBank CEO Masa Son revealed to be prepared for the worst-case scenario. Son cautioned that an imminent "disaster" could sink global markets in the next months, suggesting that despite the coming of a vaccine, there could be "a major company", whose crash would produce a "domino effect" prompting financial turbulence around the world, and crashing global markets. With all that said, it's clear that the world is one coup short of a serious catastrophe - one that will undoubtedly escort us to an apocalyptic future."

Musical Interlude: Gnomusy (David Caballero), “Dolmen Ridge”

Gnomusy (David Caballero), “Dolmen Ridge”

"A Look to the Heavens"

“Point your telescope toward the high flying constellation Pegasus and you can find this expanse of Milky Way stars and distant galaxies. Centered on NGC 7814, the pretty field of view would almost be covered by a full moon. NGC 7814 is sometimes called the Little Sombrero for its resemblance to the brighter more famous M104, the Sombrero Galaxy. 
 Click image for larger size.
Both Sombrero and Little Sombrero are spiral galaxies seen edge-on, and both have extensive central bulges cut by a thinner disk with dust lanes in silhouette. In fact, NGC 7814 is some 40 million light-years away and an estimated 60,000 light-years across. That actually makes the Little Sombrero about the same physical size as its better known namesake, appearing to be smaller and fainter only because it is farther away. A very faint dwarf galaxy, potentially a satellite of NGC 7814, is revealed in the deep exposure just below the Little Sombrero.”

"Asking For Trouble..."

“We’ve all heard the warnings and we’ve ignored them. We push our luck. We roll the dice. It’s human nature. When we’re told not to touch something we usually do even if we know better. Maybe because deep down, we’re just asking for trouble.”
- “Meredith Grey”, “Gray’s Anatomy”

If so, we've certainly got all we want...

"Covid-19 Pandemic Updates 11/18/20"


Nov. 18, 2020 2:05 PM ET:
The coronavirus pandemic has sickened more than 56,026,900 
people, according to official counts, including 11,517,176 Americans.

      Nov. 18, 2020 2:05 PM ET: 
Coronavirus in the U.S.: Latest Map and Case Count
Updated 11/18/20, 3:25 PM ET
Click image for larger size.