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A man pawns himself off as a baby Kangaroo’s mother. Politicians have LEARNED that they too can pretend that they are your parent and are solely interested in taking care of you when their objective is really raw power.

Government presents itself as if it truly cares about “We the People” when behind closed doors it has nothing but contempt for the people, who they view as easily manipulated and too stupid to know what is best for them.

Everything they do is couched as pretending to protect society when they have no respect for the people or our liberty.

Fauci even said he does not concern himself with the loss of our liberty. Yet, these same people will send us off to war pretending it is to preserve our way of life.

Not only has Snowden exposed that they have collected a dossier on every single person just in case they need to look at your life, but they spy on everything we do, say, or even think. Our government is following the very same path as the most notorious Communist Secret Police in Germany — the Stazi. They are collecting data on everyone. As Amnesty International reported, the Stasi’s massive archive held files on millions.

Once more, we have the government telling us to report family members to the government.

History Repeats Because the Passions of Man Never Change – All governments act the same.

COVID Bailouts Have Nothing to Do With COVID

August 29, 2021

COVID Bailouts Have Nothing to Do With COVID

Below, we ask a simple question: Is the war on COVID the needed pretext for even more centralized market “performance?”

After all, who needs free markets when central bank liquidity determines price forces via endless COVID bailouts?

The trend toward centralized controls and centralized markets was in play long before COVID, but has the pandemic given the powers-that-be even more power?

As we discuss below, COVID may just be the final nail in the coffin of free market capitalism.

In this murky light, do traditional market indicators and forces even matter anymore?

Consumer Sentiment: Who Cares?

As stocks reached all-time highs in U.S. markets, consumer confidence recently saw its 7^th greatest collapse in history.

Needless to say, cadres of Wall Street spin-sellers (propaganda specialists?) are already hard at work explaining why such a disconnect between sentiment and equity valuations (i.e., price bubbles) doesn’t matter.

After all, when buckets of QE liquidity pour daily into the financial system in a COVID-induced era of unlimited-QE, today’s central-bank driven markets don’t need consumer confidence or even healthy balance sheets (from free-cash-flows to profits & earnings) to make their zombie-like climb toward 34.6 PE levels on the S&P.

In short, who needs consumer confidence (or even consumers at all), when a central bank airbag sits permanently beneath the S&P, NASDAQ and DOW?

Words Replacing Math & Facts

Over a decade ago, when the first controversial bucket of QE1 began, Bernanke promised it would be a “temporary” measure.

But bear or bull, we are fairly clear by now that words like “temporary” and “transitory” coming out of D.C. are as empty as Nixon’s promise in 1971 that decoupling from the gold standard would be equally short-lived:

…click on the above link to read the rest of the article…

What Can We Learn About Covid Tyranny From Australia And Afghanistan?

August 28, 2021

What Can We Learn About Covid Tyranny From Australia And Afghanistan?

Despotic people tend to telegraph their future actions like inexperienced fighters tend to telegraph their punches; it’s not as if the intentions of totalitarians are obscured or hard to predict. In some cases they may even believe that they can be as obvious as they wish because they assume no one will ever try to stop them. They’ve been destroying lives for so long they adopt a sense of superiority, as if they are untouchable.

In my extensive study of psychopathy I find that, unfortunately, the primary catalyst for the exploitation and victimization of large populations of people is that many of them can’t wrap their heads around the idea of an organized conspiracy of human monsters. They refuse to acknowledge the existence of the evil right in front of them, so the evil is able to go unopposed for long stretches of time. There is ALWAYS a moment, though, when psychopaths push the wrong people too far. They just can’t help it, and this is when they find themselves on the business end of a noose or the barrel of a gun.

When it comes to organizations of psychopaths, the same moment also eventually arrives, it just takes longer for the public to comes to grips with the necessity of it.

In terms of the “Great Reset” agenda, medical tyranny using covid as a rationale is clearly a key ingredient to the future objectives of the power elite. At the beginning of the pandemic lockdowns last year I made several predictions and warnings. I said that the mandates and lockdowns for most people around the world would never go away, and I called this “Wave Theory”; the use of intermittent moments of limited freedom followed by increasingly more aggressive restrictions.

…click on the above link to read the rest of the article…

The New Possible

August 26, 2021

THE NEW POSSIBLE

The New Possible is an eclectic assortment of essays by activists, experts and other prominent figures from around the world. The thread that ties them together is a recognition that, for all the harm it has caused, the COVID-19 pandemic has opened up exciting new possibilities for societal change. In the course of passionately advocating for their various causes–which include climate change, human rights, social justice and humane technology, among others–the 27 essayists explore some of the ways in which the experience of COVID has helped prepare us for the legion of other threats we face. Taken together, their writings represent a trove of inspiring success stories, fascinating research and insights from frontline change makers.

Often these pieces begin with an anecdote that attempts to bring into focus some particular aspect of the wake-up call that is COVID. The pandemic has, in the authors’ collective estimation, opened people’s eyes to the gravity of our planetary situation, the gaping vulnerabilities in our industrial supply chains, rampant economic inequalities and political corruption. It has also, the essayists contend, spurred us to broaden our use of technology, brought us together as a human race, elicited a healthy reevaluation of our resource-intensive modern-day industrial lifestyles and served as a proving ground for our ability to change course drastically in response to existential threats.

After an editors’ introduction and a foreword by Kim Stanley Robinson–in which the famed science fiction author and futurist crisply summarizes why we now find ourselves in an “emergency century”–the book is divided into 10 sections, each consisting of between one and three essays. The method of each essay is to offer a sort of guided tour of a particular line of activism or area of study related to the maelstrom of converging crises now bearing down on industrial humanity.

…click on the above link to read the rest of the article…

Inflation, Covid, Central Banks and Politics – about half the things to really worry about…

August 24, 2021

Inflation, Covid, Central Banks and Politics – about half the things to really worry about…

As markets shake off their summer slumbers, what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for Central Banking unable to unravel its Gordian knot of monetary experimentation, and the prospects for rising political instability in the US and Europe.

“How many divisions does the Pope have?”

This morning: As markets shake off their summer slumbers, what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for Central Banking unable to unravel its Gordian knot of monetary experimentation, and the prospects for rising political instability in the US and Europe.

Same as, same as….

Not an Apology

I’ve been told I should apologise for yesterday’s Porridge. A reader unsubscribed because I don’t treat Tesla seriously. (Shock, horror.. somehow I shall live with the pain of rejection…) Another commented: “hating Tesla must be a very difficult way to make a living.” Sure. I agree – it is. In my private Jihad versus Elon Musk I have missed massive market upside… but then again, it’s not my job to pump up illusory market valuations. It’s to paint the picture as I see it, and caution foolish markets about their gullibility. I will continue to characterise Tesla as an unjustifiably overpriced automaker, pretending to be something else, run by a narcissistic show-boater.

Meanwhile…

What should we really be worrying about?……

China?
US Politics in the wake of the Afghan Skedaddle?
Overpriced Markets and Asset Bubbles?
The future of Tech and ESG?
Central Banks trapped by the consequences of their own monetary experimentation?
Boom or Bust post Covid Economies?
Inflation, Deflation or Stagflation?

…click on the above link to read the rest of the article…

Conspiracy theories aside, there is something fishy about the Great Reset

August 24, 2021

Conspiracy theories aside, there is something fishy about the Great Reset

It’s a corporate takeover of global governance that affects our food, our data and our vaccines

Last year’s WEF summit had the theme ’the Great Reset’

EThamPhoto / Alamy Stock Photo

‘The Great Reset’ conspiracy theories don’t seem to want to die. The theories were triggered by the World Economic Forum’s (WEF) summit last year, which had the theme ‘The Great Reset’ and argued that the COVID crisis was an opportunity to address the burning issues facing the world. According to the BBC, the term ‘Great Reset’ has received more than eight million interactions on Facebook and has been shared almost two million times on Twitter since the WEF initiative was launched.

The set of conspiracy theories around the Great Reset are nebulous and hard to pin down, but piecing them together gives us something like this: the Great Reset is the global elite’s plan to instate a communist world order by abolishing private property while using COVID-19 to solve overpopulation and enslaving what remains of humanity with vaccines.

Intrigued by the palaver around last year’s summit, I decided to find out what the WEF’s Great Reset plan was really about. At the heart of conspiracy theories are supposed secret agendas and malicious intent. While these may be absent from the WEF’s Great Reset initiative, what I found was something almost as sinister hiding in plain sight. In fact, more sinister because it’s real and it’s happening now. And it involves things as fundamental as our food, our data and our vaccines.

The real Great Reset

The magic words are ‘stakeholder capitalism’, a concept that WEF chairman Klaus Schwab has been hammering for decades and which occupies pride of place in the WEF’s Great Reset plan from June 2020…

…click on the above link to read the rest of the article…

Australian Truck Drivers Vow To Block Every Major Highway In Radical Anti-Lockdown Strike

August 24, 2021

Australian Truck Drivers Vow To Block Every Major Highway In Radical Anti-Lockdown Strike

As Australians take to the streets to protest the country’s lockdown measures – most recently clashing with police over the weekend, Aussie truck drivers are planning to shut down every major highway across the country and have advised people to ‘stock up on groceries.’

One driver, according to the Daily Mail, declared in a video that truck drivers are ‘planning to shut down the country’ to ‘remove the shit government’ on August 31 beginning at 9 a.m.

He said supply chains would soon be interrupted and urged Aussies to stock up on groceries to get them through the next couple of weeks.

A GoFundMe page has since been launched to support the truckies financially as they prepare to strike from 9am on Tuesday August 31, which will involve ‘blocking every highway entering into every state at the same time’. -Daily Mail

According to the man, truck drivers have been in discussion with people from around ‘the world,’ and have been working with war veterans to carry out the protest.

“The truckies are in, the VETS are in, I’m in. I’m willing to go to jail to save my country and children,” said the man.

It is unknown how many truck drivers are involved in the demonstration, however truck drivers from around the globe have been posting advice online on how to impede efforts by authorities to tow their vehicles.

A GoFundMe page which appears to have been taken down had raised nearly $4,000 for the effort.

…click on the above link to read the rest of the article…

Global Solidarity: Toward a Politics of Impossibility

August 23, 2021

Global Solidarity: Toward a Politics of Impossibility

The Imprisoned Imagination

As the COVID-19 pandemic slowly subsides, it is not clear what lessons will be drawn by political leaders and publics around the world. Entrenched power, wealth, and conventional wisdom have demonstrated the overwhelming resilience of the global order even while the virus continues to ravage many national societies. Despite some notable exceptions revealing extremes of solidarity or discrimination, efficient competence or irresponsible partisanship, this reversion to the status quo occurred at all levels of social organization from the village to the world, especially the sovereign state.

For the most part, rich and powerful governments used their leverage to corner the vaccine market, allowing a draconian market-driven logic to drive distribution that privileged intellectual property rights and technical knowhow, leading to grotesque disparities in vaccine access between the peoples of the North and those of the South. It has become a truism to observe that no country will be safe from the virus, or its variants, until the entire world is vaccinated. Never had the self-interest of the species so vividly and concretely coincided with an ethos of global solidarity. And yet such an ethos did not materialize. We must search for explanations and correctives.

A people-first approach to the global health emergency would have transcended statist and profit-making domains at all phases of COVID prevention and treatment, and situated them within a global commons framework. Such an approach might have dramatically heightened prospects for the social transformation at the heart of the Great Transition and would at least have restored some confidence that the human species, at least in an emergency, is capable of meeting the challenges of the Anthropocene. As the pandemic instead revealed the resounding strength of statist structures and private sector interests, it seems necessary to acknowledge this tragic interlude as but one more lost opportunity for the human species to awaken from its prolonged slumber before it is too late.

…click on the above link to read the rest of the article…

WEF Announced They Won

August 21, 2021

WEF Announced They Won

Those who fail to see the truth and constantly call anyone who is anti-mask a conspiracy theorist when all studies show they are “useless” are in serious trouble. They are blind to reality which is precisely what those manipulating societies count on. They are the perfect example of Stanley Milgram’s experiments that discovered they are simply Obedient to Authority and are actually incapable of self-reflection, original thought, or actual unbiased analysis. These are the same people who stress over how many “likes” they get on social media and think the election was really between Trump v Biden.

Silently in the background, the elitist manipulators have succeeded in destroying much of the world economy. It was the bourgeoisie they wanted to destroy (middle-class small business owners), and while claiming the problem is inequality, the real objective was created only to wipe out local businesses to end driving around town to save the planet and you will buy or rent everything from the elite class. They are not concerned about “inequality” for they are creating the GREAT DIVIDE between everyone but them being relegated to what Marx called the proletariat or the universal class — the Great Unwashed. They will be very happy as they say in their predictions is we own nothing but somehow we will be happy as if we are living in the real version of Matrix which perhaps was their inspiration.

Video Player

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This new video from Schwab’s World Economic Forum is already declaring a partial victory showing that the objective of the virus lockdowns was really for the Great Reset and climate change agenda. Make no mistake about it; even Al Gore is on the board of the World Economic Forum. These people have conspired to change the world by crushing the economy, and the police are also so stupid to follow orders blindly. They want everyone to work from home: end offices and small businesses. You will buy everything from the giant retailers, and they will be delivered so ending the need to pollute the world by driving to the store or work.

The press, who calls this a “conspiracy theory,” is part of this agenda.

The Great Divide

August 21, 2021

The Great Divide

The entire COVID agenda has been a pre-staged event; the real agenda has been climate change. Al Gore, who is on the board of the World Economic Forum, ushered in Green Peace’s Jennifer Morgan, who escorted Greta to the Davos meeting to appear in Schwab’s film the Forum, which was intended to push the climate change agenda.

After exploiting Greta, who simply read from prewritten speeches that Morgan probably wrote, their agenda was not catching fire. People were not willing to alter their lives for a problem that was decades from now. They needed something more terrorizing, and that was COVID. They had to threaten people’s lives immediately, not decades in the future.

When we look at Google the news, we do not all get the same results. Big Tech is deliberately not just censoring the news, but they are strategically showing people ONLY what they should read and blocking stories that may be to the contrary. As Julius Caesar once said: people believe what they want to believe. This is dividing the world and causing one side to look at the other side as flaming conspiracy theorists because they are fed different stories that hide the opposition. The AI models being used are feeding people only news that the powers above want them to see. Those who see through the truth are then faced with immediate censorship and banning from mainstream platforms – the cancel culture.

Big Tech is dividing the United States and the entire world. This will only lead to civil wars. Ironically, we will see the US split North v South over the issue of slavery again, but this time the slave owners will be those in government taking orders from the WEF consortium on how to manage the Great Unwashed to further their agenda of the Great Reset.

Tyranny

August 20, 2021

Tyranny

I’d like to stop writing about COVID, but I can’t because it has such strong economic implications, which can’t be separated. And I’m afraid policies will be enacted that will only make things worse.

We all know the Delta variant of the COVID virus (SARS-CoV-2) is spreading rapidly in the U.S. and Australia. Major outbreaks have also hit India and Brazil.

What has received less attention is the fact that the Delta variant is now also spreading in China. That’s ironic because the virus started in China at the Wuhan Institute of Virology.

While the virus spread around the world, China quickly eliminated the spread inside China itself. Now, the virus has come full circle and is back in China in a new, more virulent form.

There’s a huge difference in how China approaches the virus from a public health perspective compared to the U.S., Japan or Europe. China’s lockdowns are far more extreme.

Why China Enforces Extreme Lockdowns

China will quickly identify an outbreak and cut off all car, train and air services to the affected area. China will also quickly shut down major ports and distribution centers if even a single case appears.

China knows that the spread of the virus is a threat to the legitimacy of the Chinese Communist Party. China cares more about Party loyalty and Party survival than it does about economic growth.

China is now imposing extreme measures, including canceling many domestic flights, closing ports and restricting vacation travel. China’s economy was already slowing before this new wave of the virus. Given China’s more extreme forms of COVID control, their economy will slow even further.

That’s bad news for China – and bad news for the world. Global growth will slow noticeably in the months ahead, partly because of the extreme nature of China’s lockdown approach.

…click on the above link to read the rest of the article…

Buying our way out of pandemic malaise is hurting the planet, experts say

August 16, 2021

Buying our way out of pandemic malaise is hurting the planet, experts say

Some say the emphasis should be on well-being rather than economic growth

People line up to shop in Toronto. As COVID-19 cases eased in recent months, provinces have relaxed restrictions and encouraged people to spend again. But the emphasis on economic growth can come at the expense of environmental health. (Sam Nar/CBC)

Back in the spring, Canadian politicians spoke optimistically of a “two-dose summer,” signalling that a robust COVID-19 vaccination rollout would enable people to fully enjoy the warmer weather.

As COVID-19 infection numbers eased in recent months, provinces have relaxed restrictions and encouraged people to spend again.

While this was meant to provide a collective boost in the middle of a stubborn pandemic, this summer has put on another horror show of extreme weather — including a deadly heat dome and rampant wildfires in British Columbia and northwestern Ontario and drought in the Prairies.

Earlier this week, the United Nations’ Intergovernmental Panel on Climate Change (IPCC) issued a dire report that stated unequivocally that climate change was human-made and that some of its catastrophic effects were already on view.

The destruction we’re seeing now is fuelled by decades of environmental harm, but it is also coming at a time when politicians and marketers alike are prompting us to spend — whether it’s at the mall, at the car dealership or on so-called revenge travel.

Mass consumption inevitably adds stress to the natural world, in the form of resource extraction and carbon emissions.

“There is always discussion that we should as consumers spend money to fuel up businesses,” said Bengi Akbulut, assistant professor of geography, planning and environment at Concordia University in Montreal.

“But I think the broader tension [right now] is whether we can grow our way out of the ecological breakdown.”

…click on the above link to read the rest of the article…

Supply-Chains Brace For Collapse: Port Of LA Fears Repeat Of “Shipping Nightmare” As China Locks Down

August 14, 2021

Supply-Chains Brace For Collapse: Port Of LA Fears Repeat Of “Shipping Nightmare” As China Locks Down

Yesterday we reported that with container shipping rates already blowing out to never before seen levels amid continued chaos in Transpacific shipping as a result of massive port backlogs and production delays in China due to the relentless onslaught of the now-endemic covid, a new and even greater price surge was on deck – an outcome which would nuke hopes for renormalization in soaring inflation – as a result of the partial (for now) shutdown of China’s busiest port by volume (and third-largest container port in the world after Shanghai and Singapore) when operations at the Ningbo Meishan Container Terminal, also referred to as the Meishan Terminal, were immediately suspended following positive Covid test results.

Well, it didn’t take too long for Bloomberg to report that the spread of the delta variant could “lead to a repeat of last year’s shipping nightmares”, and for confirmation look no further than the Port of Los Angeles, the nation’s busiest post, which in June saw its volumes dip because of a Covid outbreak at the Yantian port in China, and which is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said.

Anton Posner, chief executive officer of supply-chain management company Mercury Resources, said that many companies chartering ships are already adding Covid contract clauses as insurance so they won’t have to pay for stranded ships.

And here is the core problem with all those endorsing a “transitory” inflation spike captured in a perfect soundbite: just when it seemed as if things were just starting to calm down, “and we’re now into delta delays,” said Emmanouil Xidias, partner at Ifchor North America LLC. “You’re going to have a secondary hit.”

…click on the above link to read the rest of the article…

To Save Ourselves, We’ll Need This Very Different Economy

August 12, 2021

To Save Ourselves, We’ll Need This Very Different Economy

What would ‘getting serious’ about the survival of civilization look like?

‘Ecological overshoot’ is causing climate change, the pandemic and more. Is our political system capable of doing what’s needed? Photo by Paddy O Sullivan.

The pandemic is a big problem. Climate change is an even bigger problem. But the meta-problem is ecological overshoot.

Plagues and heat waves — along with plunging biodiversity; fishery collapses; soil and land degradation; land, water and sea pollution; resource shortages, etc. — are mere symptoms of a much greater planetary malaise. Ecological overshoot means there are way too many people using vastly too much energy and material resources and dumping too much waste.

In more technical terms, humanity’s consumption of even renewable resources and our production of wastes exceeds the regenerative and assimilative capacities of the ecosphere. This is the biophysical definition of “unsustainable,” and a harbinger of pending systems collapse.

Avoiding the collapse of one’s civilization would seem to be job one for political leaders. And yesterday they received yet another “code red” reminder of what is at stake from the Intergovernmental Panel on Climate Change.

Yet few politicians have even heard of overshoot. Concern about its implications has yet to penetrate economic and developmental policy circles.

It therefore seems fair to ask: What accounts for such political deafness? One obvious earplug is the neoliberal economics dominant in the world today. Its adherents assume that:

- The economy is separate from, and can function independently of, the biophysical “environment.”

- Important relationships between variables change predictably and if they deviate from desirable comfort zones, can be reversed.

- The “factors of production” (finance capital, natural capital, manufactured capital, human capital) are near-perfect substitutes. For example, human ingenuity — technology — can make up for any potentially limiting natural resource.

…click on the above link to read the rest of the article…

IEA, OPEC Slash Oil Demand Outlook Amid “Headwinds” From Spreading Delta Variant

August 12, 2021

IEA, OPEC Slash Oil Demand Outlook Amid “Headwinds” From Spreading Delta Variant

The International Energy Agency and Goldman Sachs are both warning that global oil demand is facing headwinds due to the spread of the COVID-19 Delta variant: “Growth for the second half of 2021 has been downgraded more sharply, as new COVID-19 restrictions imposed in several major oil-consuming countries, particularly in Asia, look set to reduce mobility and oil use,” the IEA said in its monthly report.

“We now estimate that demand fell in July as the rapid spread of the COVID-19 Delta variant undermined deliveries in China, Indonesia, and other parts of Asia,” the IEA said.

Since July, NYMEX West Texas Intermediate (WTI) futures have fallen at least 10% as the Delta variant spreads worldwide. Traders are worried renewed lockdowns and or stricter social distancing measures in China, Europe, and the US may continue to weigh on oil demand and result in lower prices.

The “recent rally has lost steam on concerns that a surge in Covid-19 cases from the Delta variant could derail the recovery just as more barrels hit the market,” the IEA said.

The agency said global oil demand “abruptly reversed course” last month, after surging by 3.8 million barrels a day in June, adding that it lowered consumption estimates for the second half of this year by 550,000 barrels a day.

However, the IEA projects in the last quarter of this year, the global economic recovery should regain steam as world fuel should reach an average of 98.9 million barrels a day.

Similar to IEA’s forecast is a report from Goldman Sachs’ Damien Courvalin, who told clients that “transient demand headwinds” have developed and there is “growing evidence of structural supply tailwinds.”

Courvalin already lowered his emerging market demand expectations last month due to the Delta spread but at the time “omitted” China from the downgrade.

…click on the above link to read the rest of the article…

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