My unpublished (100,000 word) book “The Financial Jigsaw”, is being serialised here weekly in 100 Issues by Peter J Underwood, author
Quote of the Week: “There are decades where nothing happens, and there are days [not weeks] where decades happen.” — Vladimir Lenin
NOTE – If anyone would like a free updated, 4th edition, electronic copy of the complete book, I should be pleased to email a free PDF on request to: [email protected]. The book has many footnotes linking to relevant and explanatory Appendices, websites and videos.
In the last few weeks I have been discussing the fragile nature of our interlinked global supply chains and that we are only 9 days away from starvation. OK, exaggeration for effect – nevertheless the current global crisis is for real and the risks are immense. This article carries a sound argument about what is likely to happen in the near future. Read on and be prepared:
https://www.zerohedge.com/markets/coronavirus-catalyst-system-failure
A salutary lesson for those in business and think that advertising makes a difference – spoiler: it doesn’t. Ludwig von Mises realized this long ago and noted: “it is a widespread fallacy that skilful advertising can talk the consumers into buying everything that the advertiser wants them to buy. The consumer is, according to this legend, simply defenceless against “high-pressure” advertising. If this were true, success or failure in business would depend on the mode of advertising only. However, nobody believes that any kind of advertising would have succeeded in making the candle makers hold the field against the electric bulb, the horse drivers against the motorcars, the goose quill against the steel pen and later against the fountain pen.”
In assessing the truth of reports I use a couple of mantras:
- Always follow the money
- There is never such a thing as a coincidence.
- Never underestimate the evil of the powers that be
- Occam’s Razor
In March 2013 the Cyprus bank crisis turned out to be a test run for the ‘Bail-in’ process to protect banks during a future bank run. It had been modelled earlier. My book starts with the Cyprus event. This time we have Event 201 in October 2019 and a release of the exact same postulated virus in November 2019 – coincidence? I think not.
https://www.hopkins-cepar.org/on-alert/two-different-drills-with-two-different-goals
We know that the central banks know that the global economy was due to crash – all they needed was cover – follow the money. The WHO was resisting calling a ‘pandemic’ – I wonder why? Is it because there are a great deal of the World Bank’s ‘pandemic’ bonds due July resting on it? – Follow the money:
DON’T PANIC – Stay Calm and Carry On (as normal). At a minimum, 50% of the people have no symptoms whatever. Another 25%, at least, have mild effects akin to a bad cold. Most of the rest are treated well and recover. It’s mainly the old, weak and infirm who actually die. It has all been planned to be highly infectious and persistent. Exactly what I would design if I wanted to induce short-term panic to cover for a financial crash. Never underestimate the psychopathic elite that hold the power in this world – don’t let them win this time around.
I wonder why no panic in Russia? Because they already know? When we asked clinical infectious disease specialist Valentin Kovalev to comment on the situation surrounding coronavirus diagnoses, he expressed certainty that people infected with the new virus have in fact entered Russia. “I think the coronavirus infection got to us from China a long time ago, and a lot of people have already contracted it. However, we don’t know about those cases because most of the time, the infection feels just like any other ordinary respiratory illness, and people who are infected get better on their own. Nobody here is about to routinely check everyone who comes down with a cold at home.”
https://meduza.io/en/feature/2020/03/06/why-are-there-so-few-reported-covid-19-cases-in-russia
Here is the link to last week: Issue 94
I will continue to provide updates this year as Brexit negotiations with the EU progress as well as offering items about Britain generally:
“Brexit came as a shock to the political bureaucracy that comprises the European Union. They had, and still have, an ostrich-like stance with their heads in the sand and their rear ends exposed to passing dangers. Their economic incompetence has been exposed for all to see as well as their political ineptitude. This was what Brexit challenged and exposed. The establishments in Whitehall and Westminster have become full-on Eurocrats, dismissive of Britain’s own parliamentary democracy and remain fully committed to the European project. The spread of the coronavirus is shutting down the European economy. In increasing numbers people are no longer travelling. The spread of the virus, whether through fear or fact, is sharply reducing both production and demand. Indebted businesses will not have the cashflow to pay debt interest and supply chains will be riddled with payment failures. Previously acceptable debt is becoming junk. Banks will need to be rescued from defaulting customers and the euro’s future will be increasingly questioned.”
https://www.goldmoney.com/research/goldmoney-insights/will-brexit-and-coronavirus-end-the-eu
UK has now left EUROPE so I will continue to comment on relevant EU – UK events:
“No NATO fanatic will ever admit it, but once again it was Russia that just prevented the threatened “Muslim invasion” of Europe advertised by Erdogan. Yet there was never any invasion in the first place, only a few thousand economic migrants from Afghanistan, Pakistan and the Sahel, not Syrians. There are no “one million” Syrian refugees on the verge of entering the EU. The EU, proverbially, will keep blabbering. Brussels and most capitals still have not understood that Bashar al-Assad has been fighting al Nusra/ISIS all along. They simply don’t understand the correlation of forces on the ground. Their fall-back position is always the scratched CD of “European values.” No wonder the EU is a secondary actor in the whole Syrian tragedy.”
https://asiatimes.com/2020/03/putin-saves-erdogan-from-himself/
The 4th edition of The Financial Jigsaw issued recently includes a Foreword, Preface, Epilogue and Appendices which I will publish here in advance. Next come the Appendices:
Here is Appendix VIII – This is about the current revolution and the way we disseminate information around the world. In fact the current panic created by Covid-19 is an example of how misinformation can spread globally in no time at all through, not only the internet, but social media in general.
APPENDIX VIII
The Internet Reformation
A shortened description edited from www.dailybell.com
The Internet Reformation is the culmination of the power and glory of Western civil society and free-market thinking. It is NOT an “Internet Revolution.”
This concept is based on what happened during the era of the Gutenberg press. Almost from the beginning, the Gutenberg press was a revolutionary technology. As soon as people used the press to print Bibles, readers began to discover that the Holy Word differed considerably from what they’d been taught by the Catholic Church.
The changes ushered in by the Gutenberg press were fundamental. The Renaissance began a reconfiguration by allowing for the rediscovery of the scientific orientation of Greece and Rome. This set in motion a series of events that has not yet ceased to reverberate.
Every social order needs formal elite to organize and animate it. In the high middle Ages, the hierarchy consisted of the Catholic Church leaders along with Royal families throughout Europe, as well as powerful merchants and bankers. In the modern era, the hierarchy is much less obvious and consists, from available evidence of the great modern banking families led by the Rothschilds based in the City of London along with attendant Institutional influences and abetted by corporate interests and the so-called ‘Dark Nobility’ and ‘Dark Church’.
It is this hierarchy that promulgates regulatory democracy and its various dominant social themes; the fear-based promotions that the Western power elite uses to control the people and to further centralize power and authority worldwide. Just as the Catholic Church leaders dreamed of one ‘Pax Romana’ around the world, so does today’s power elite dream of one New World Order driven by regulatory democracy.
At the centre of the new global order is the central bank itself, bond issuance-from-nothing, perpetually devastating the economies of nation states through monetary (and price inflation) and through its ruin, creating the necessity for a global currency and a single global central bank, presumably based on the International Monetary Fund (IMF).
Within this latter meme, gold and silver are held to be barbaric elements, not needed anymore in a fiat money world. In fact, what the Internet is increasingly showing us is a way to return to some basic freedoms; Bitcoin and gold lead the way.
Human beings do have a kind of Hive Mind (via intimate communications between families and friends and various cultural exchanges) and once additional information is made available, that Mind incorporates it.
There are downsides; the power elite does profit from the centralizing effects of technology. Spymasters and dictators profit from the aspects of technology as they always have.
And yet the positive elements are likely unstoppable as well. There is little possibility at this point of the Internet being shut down as simplistic formulations might have it. It is decentralization that the modern power elite fears most because decentralized spheres of influence are impossible to control.
In fact, the European Union is failing; various serial wars of conquest are not going well and fear-based memes of the elite are continually being debunked by an Internet that adds more to humankind’s real knowledge base every day. It will take decades if not centuries to control the damage that has already been done (from an elite standpoint); and what has been done cannot be undone.
A new enlightenment is taking place; a fundamental reforming of societies’ knowledge base. It is far more important and fundamental than a “technology revolution.” It is rewriting the basic relationship that human beings have with their knowledge base and with its impact on their lives.
The centralizing architecture erected by the Anglo-American elites is even now being undermined. The darkness is lifting as it lifted long ago during the Renaissance. An Internet Reformation is coming. It will have numerous unpredictable ramifications. In fact, its dawn is already here.
To be continued next Saturday
