Bitcoin Falls through US$ 30,000 — Arms Not for Dollars — Masks may Lead to Illness and Death — In Israel the Fully Vaccinated are Contracting Covid and Dying [07-25-2021]

My colleague at BOOM Finance and Economics posts a weekly editorial Hat Tip: Gerry: http://boomfinanceandeconomics.com/#/

BOOM seeks out the very best information from authoritative sources and strives for consistency in its quality and trustworthiness. In evidence of this, BOOM has developed a loyal readership which includes many of the world’s most senior economists, central bankers, fund managers and academics. We strive to always have good relationships with our readers. If you want a real edge in understanding the complex world of finance and economics, subscribe to BOOM as a Follower on LinkedIn or as a Subscriber (Free) to the BOOM Newspaper at http://boomfinanceandeconomics.com/#/

THIS WEEK’S EDITORIAL
BITCOIN CRACKS THROUGH US$ 30,000:  As BOOM predicted some weeks ago, the price of Bitcoin dropped below $ 30,000 last week. On Tuesday, it traded at US$ 29,393 for a short time. It has rebounded since then as the True Believers see this as a buying opportunity. Others are not so sure. BOOM expects the $ 30,000 support level to be challenged again in the near future

ARMS NOT FOR DOLLARS:  BOOM has previously written about the global trade in weapons in exchange for US Dollars.  On 18th November 2018 the BOOM Editorial said –“What traded goods are best suited as US exports? The answer is weapons. If you are a purchaser nation, then the weapons you buy are probably obsolete almost as soon as they are delivered, they can be easily destroyed (thus needing to be replaced), they have no real useful purpose (unless a war is engaged) and they do not contribute to your economy in any productive way. A purchaser nation must acquire US Dollars either in loans (US Dollar denominated debt) or in other trade settlements to build their reserve of US Dollars. Then they must ship those US Dollars over to the US manufacturers as payment. This is akin to being trapped in a spider’s web.”

According to the Russian news service, RT News, Russia is no longer accepting US Dollars as payment for its weapons exports. Russia’s state arms exporter Rosoboronexport signed 13 contracts totaling $1.2 billion in value last week at the MAKS 2021 international air show. Russia’s state defense conglomerate Rostec also signed 230 billion rubles ($3.1 billion) worth of contracts for the supply of 161 aircraft.

But few US Dollars changed hands. The MAKS International Aviation and Space Salon is an international air show held in July every second year in Zhukovsky, southeast of Moscow. The show was first held in 1992. Over 63,000 people have attended already last week prior to the weekend crowd.

The list of Rosoboronexport deals includes orders for the Sukhoi Su-30 fighter jet, the Mi-35M and Mi-17B5 helicopters, Protivnik-GE radars, Verba surface-to-air missile (SAM) MANPADS and a variety of modern air defense weapons and armored vehicles.

The US dollar’s share in Russia’s military contracts with other countries is approaching zero, according to the country’s main defense contractor Rosoboronexport.

“Most of Rosoboronexport’s contracts are currently concluded in rubles or in the national currencies of partner countries. The share of dollars in our contracts is steadily approaching zero,” the company’s CEO Alexander Mikheyev said.  “Russia has been deliberately abandoning the dollar in payments for its export arms contracts, which, for the past few years, have brought the country about $15 billion annually in US dollar equivalent”.  This follows a broader trend towards de-dollarizing the Russian economy, with the country’s Central Bank and National Wealth Fund recently cutting use of the greenback in their transactions to zero.  Of course, a better world may be achievable if nations spent $ Billions on peace initiatives and cooperation efforts. But that is perhaps too radical a pathway for most politicians.

MASKS MAY LEAD TO ILLNESS AND EVEN DEATH:  The staff at a major Pathology firm in BOOM’s city are being forced to wear an N95 mask for 8 hours a day while at work. This can lead to Hypercapnia, a condition where Carbon Dioxide in the blood rises to dangerous levels because the mask wearer is re-breathing. BOOM checked the mask box Warnings — the staff were shocked to read these. They had never thought to check the box for instructions.

N95 Mask — Healthcare Particulate Respirator: WARNINGS

  • The mask does not eliminate the risk of contracting any disease or infection.
  • Improper use may lead to illness and even death.
  • Use this product immediately after the package is opened.
  • DO NOT sleep while wearing the mask.
  • Avoid hand contact within the interior part of the mask.
  • DO NOT use masks if they expired.
  • For one-time use only. Dispose the mask according to regulations.
  • DO NOT use if the package is damaged.

MEANWHILE IN ISRAEL – FULLY VACCINATED ARE CONTRACTING COVID 19 AND DYING:  The Israeli Prime Minister, Naftali Bennett, said last week ““We do not know exactly to what degree the vaccine helps, but it is significantly less” .

At the moment, around 60% of the patients in serious condition with Covid 19 in Israel have been vaccinated. According to Hebrew University researchers, around 90% of newly infected people over the age of 50 are fully vaccinated.

So it looks like the vaccine is nowhere near as effective as has been promised in the mainstream media and by the politicians in almost every nation.  BOOM has seen Israeli data that shows 80 – 90 % of new Covid Cases in that nation are Fully Vaccinated.

Other recent Israeli data reveal that 8 out of 10 deaths from Covid last week were also Fully Vaccinated. To BOOM, none of this is a surprise as the clinical trials in late 2020 revealed clearly that the Absolute Risk Reduction generated by the vaccines was of the order 0.7 % – 1.0 % (not “95%”). That result is representative of very poor protection. So vaccinees appear to be taking large risks of adverse events while receiving very little protective effect.

The “95% effective” pronouncement loved by politicians is a Relative Risk Reduction calculation, designed to mislead.

Israel is the most vaccinated sizable nation on Earth so these results are very concerning. The endless reliance on vaccine programs rather than early treatment regimes seems seriously mis-guided and perhaps deliberate. Could the aim be maximum damage? Is it more about political control than anything else?

AMERICA FRONTLINE DOCTORS LAUNCH LEGAL CASE – PLAINTIFFS MOTION FOR PRELIMINARY INJUNCTION:  America’s Frontline Doctors, as Plaintives, have launched a legal challenge in the District Court of Northern Alabama against Xavier Becerra, the Secretary of the U.S. Department of Health and Human Services et al (the Defendants).

QUOTE: “Accordingly, and for all of the foregoing reasons, Plaintiffs move under Rule 65, Fed.R.Civ.P., for a preliminary injunction against Defendants enjoining them from continuing to authorize the emergency use of the so-called “Pfizer-BioNTech COVID-19 Vaccine,” “Moderna COVID-19 Vaccine” and the “Johnson & Johnson (Janssen) COVID-19 Vaccine” pursuant to their respective EUAs, and from granting full FDA approval of the Vaccines:

  1. for the under-18 age category;
  2. for those, regardless of age, who have been infected with SARS-CoV-2 prior to vaccination; and
  3. until such time as the Defendants have complied with their obligation to create and maintain the requisite “conditions of authorization” under Section 546 of the Food, Drugs and Cosmetics Act, 21 U.S.C. § 360bbb– Case 2:21-cv-00702-CLM Document 15 Filed 07/19/21 Page 65 of 67 -66-3(e),

thereby enabling Vaccine candidates to give truly voluntary, informed consent.  Dated: July 19, 2021.” UNQUOTE

LINK: https://img1.wsimg.com/blobby/go/3c6a0774-cfad-46fa-aa97-af5aa5e74f00/M%20for%20PI%20file%20stamped.pdf

In economics things work until they don’t. Until next week -Make your own conclusions, do your own research.  BOOM does not offer investment advice.

SUBSCRIBE — FREE AT THE BOOM NEWSPAPER: http://boomfinanceandeconomics.com/#/

CLICK HERE FOR PODCASTS:   OUR BRAVE NEW ECONOMIC WORLD

EMAIL: gerry {at} boomfinanceandeconomics.com

Disclaimer:   All content is presented for educational and/or entertainment purposes only. Under no circumstances should it be mistaken for professional investment advice, nor is it at all intended to be taken as such. The commentary and other contents simply reflect the opinion of the authors alone on the current and future status of the markets and various economies. It is subject to error and change without notice. The presence of a link to a website does not indicate approval or endorsement of that web site or any services, products, or opinions that may be offered by them.

Neither the information nor any opinion expressed constitutes a solicitation to buy or sell any securities nor investments. Do NOT ever purchase any security or investment without doing your own and sufficient research.  Neither BOOM Finance and Economics.com nor any of its principals or contributors are under any obligation to update or keep current the information contained herein. The principals and related parties may at times have positions in the securities or investments referred to and may make purchases or sales of these securities and investments while this site is live. The analysis contained is based on both technical and fundamental research.

Although the information contained is derived from sources which are believed to be reliable, they cannot be guaranteed.

Disclosure: We accept no advertising or compensation, and have no material connection to any products, brands, topics or companies mentioned anywhere on the site.

Fair Use Notice: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of issues of economic and social significance. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

Click to visit the TBP Store for Great TBP Merchandise

Author: Austrian Peter

Peter J. Underwood is a retired international accountant and qualified humanistic counsellor living in Bruton, UK, with his wife, Yvonne. He pursued a career as an entrepreneur and business consultant, having founded several successful businesses in the UK and South Africa His latest Substack blog describes the African concept of Ubuntu - a system of localised community support using a gift economy model.

Subscribe
Notify of
guest
12 Comments
Auntie Kriest
Auntie Kriest
July 27, 2021 9:52 am

The CoVid-19(84) experimental, emergency use authorized, genetic modification therapy with probable magnetic and/or graphene oxide nanoparticle feature injection has much in common with crypto-currency.

It’s worldwide bullshit from start to finish, and in the end one may be ruined by it. It also looks like both shall be made mandatory by governments and linked to a social credit score. The only major difference is that cryptos won’t injure or kill you like the SHit-Shot. At least not yet.

Iska Waran
Iska Waran
July 27, 2021 11:29 am

The fact that a majority of recent Israeli Covid infectees has been vaccinated is not surprising. If 100% of Israelis were vaccinated, then – by definition – 100% of recent Covid infectees would have been vaccinated. As it is, around 7/8 of the Israelis are “fully vaccinated”, therefore many of its infectees are “fully vaccinated”. That is unremarkable, especially if the number of infected is dropping.

There are many interesting data points out of Israel, Gibraltar (close to 100% vaccinated) and other places, though. Vaccine effectiveness seems to wane quickly and it seems plausible that Geert Vanden Bossche’s theory that the vaccines would spur more dangerous variants is taking place.

No one knows what the fuck is happening, but discussion is not allowed. No vaccine for me.

B_MC
B_MC
  Austrian Peter
July 27, 2021 1:16 pm

Now that the FDA is removing the PCR test – where to from here?

Perhaps our friends Bill and George will spring to the rescue.

https://www.rt.com/business/529602-gates-soros-covid-testing-company/

rhs jr
rhs jr
  Iska Waran
July 27, 2021 5:05 pm

Masks don’t matter (Thailand), CV-19 shots don’t matter (Israel), 6 ft social distance doesn’t matter, hand sanitizer doesn’t matter, induced coma and intubation fails about 90% of the time, etc. CDC guidelines didn’t save lives but they sure killed the Economy and Liberty, created millions of Useless Idiot Karens; but the CDC prohibiting doctors and pharmacist using HCQ and Ivomec plus zinc did matter and thousands were murdered. How come 21,000 CDC medical experts were so dead wrong about everything? Can you say Treason & Genocide, children? PS: Likewise The WHO, AMA, Politicians, MSM, FDA, HHS, FEMA, Surgeon General, MIC, Drug Companies, Universities, etc. Will the Cover-up surpass the JFK Murder, Waco, the Murrah Bldg, 9/11?

rhs jr
rhs jr
July 27, 2021 1:00 pm

The lid of Pandora’s CV-19 Box has been torn open: TPTB and their Minion’s Evil Conspiracy, malice and death is everywhere being exposed; but it is a literal looming Holocaust for the Useful Idiots. TPTB are in a kill all opponents or be killed situation.

SGT SNUFFY, FORMER NBC NCO US ARMY
SGT SNUFFY, FORMER NBC NCO US ARMY
July 27, 2021 10:04 pm

IT’S NOT COVID THAT’S KILLING THE PEOPLE IT’S THE VACCINE ITSELF. IT IS OVERLOADING THE BODY WITH SPIKE PROTEINS WHICH ARE TOXIC TO LIVING TISSUE. THE JAPANESE STUDIES HAVE DEMONSTRATED THAT THE SPIKE PROTEINS GENERATED BY THE VACCINATED CELLS SPREAD THROUGHOUT THE BODY CONCENTRATING IN THE LUNGS, BRAIN, OVARIES AND TESTES. MAKES ON WONDER TO WHAT PURPOSE THE VACCINE WAS REALLY DEVELPOED FOR.

rhs jr
rhs jr
  Austrian Peter
July 28, 2021 4:20 pm

So far the Experts are blaming the virus, not The Shot, and getting away with it. Sort of like blaming Whites for all the problems of the Blacks; eventually even the Useful Idiots will see it just ain’t so. Soon there will be so many dead, and so many dying sick people that Society will be a wreck; and so many guilty Conspirators that the Court System will not be able to administer the required justice… . PS: For 57 years, liberal voters have given me great pains; now the government has turned on them with The Shot and within 3 years, they will suffer great pain. I didn’t have to take revenge; it’s Really Great Karma.