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THIS WEEK’S EDITORIAL
MODERNA AND PFIZER STOCKS CONTINUE FALLING: There are many medical and scientific doubts forming about the medium and long term safety and efficacy of the new mRNA technology injectables being used globally as the primary (only?), Covid policy by many governments.
These products are clearly not vaccines in the conventional sense as they do not prevent infection and they do not stop transmission of the virus. Last week, BOOM stated that “Pfizer shares (Stock Code PFE) have declined in price by 18.8 % since their recent high point on 20th December to last Friday’s closing price on the New York stock exchange. BOOM suggests that readers watch PFE closely during Monday’s trading session.
Moderna shares (Stock Code MRNA) may also be worth watching. They have declined by 70% to $160 since their peak price of almost $500 last August.” During last week’s trading, Moderna shares fell by 9.66 %. Early in the week, they were down by more than 10%.
Pfizer fared better but by the end of the week’s trade, the share price was down by 4.43 %. BOOM expects these stocks to struggle to make gains to higher levels. Price downtrends appear to be well established and the fundamental future outlook for this technology looks clouded in doubt.
ARGENTINA — A BIG GEOPOLITICAL MOVE: Argentina is burdened by a large amount of debt to the IMF (International Monetary Fund). Their annual CPI inflation rate is at 50 %. Their economy has been in and out of recession for the last 20 years with seven recessions occurring in that time frame. Its currency has dramatically devalued against the US Dollar, making imports very expensive indeed.
Recently, seeking alternatives, President Alberto Fernández traveled to Russia and China, forming an alliance and joining the Belt and Road Initiative. In the meetings, Fernández also asked for Argentina to join the BRICS framework, alongside Brazil, Russia, India, China, and South Africa. Xi Jing Ping and Putin reportedly both agreed.
“I am consistently working to rid Argentina of its dependence on the IMF and the US,” Fernández explained. “I want Argentina to open up new opportunities.”
On February 3, Fernández travelled to Russia to meet with President Vladimir Putin.
“I’m certain Argentina has to stop being so dependent on the [International Monetary] Fund and the United States, and has to open up to other places, and that is where it seems to me that Russia has a very important place,” Fernández said, explaining his motivation for the trip.
Just three days after meeting with Putin, he travelled to China on February 6 to meet with President Xi Jinping. Argentina and China signed a comprehensive memorandum of understanding, including 13 documents for cooperation in areas such as green energy, technology, education, agriculture, communication, and nuclear energy.
Other South American nations, Nicaragua and Cuba have also recently joined the Belt and Road Initiative. These developments are all worth noting and watching closely as the future unfolds for Argentina.
YOU WILL OWN NOTHING AND YOU WILL BE HAPPY: Today, the words of Klaus Schwab are concerning. He is the founder of the World Economic Forum (WEF) project who recently said that he is trying to create a world where: “You will own nothing and you will be happy”. This statement has caused a great deal of concern and many people think it is somehow revolutionary, even impossible to imagine.
But Schwab is simply mouthing the same concepts that Thomas More in the UK was writing about 500 years ago — more on that lower in the editorial. So Schwab is far from being a revolutionary. In fact, the whole concept clearly lacks imagination and, some would say, intelligence. After all, if you don’t own anything, then who will? That is the question on everyone’s minds.
Schwab’s vision is called “Stakeholder Capitalism” but there doesn’t seem to be much capitalism in a plan to rid you of all your possessions. In fact, the plan appears to be for corporations to own everything and rent it all back to you — for your benefit, of course. Any new proposed change to how society is organized is always done “for your benefit”; of course.
Under this system, any company’s purpose will supposedly be to create long-term value for everyone — not just for shareholders — and not to maximize profits. BOOM cannot quite imagine Stakeholder Capitalist corporations being much concerned for your benefit if you are a shareholder especially as they will be expected to also look to benefit lenders, customers, suppliers, employees and the State, presumably in equal quantities. This may dis-incentivize shareholders, making ownership of companies very unattractive. That doesn’t sound like capitalism to BOOM.
VERA SHARAV CAN SEE WHAT IS HAPPENING — SHE HAS SEEN IT BEFORE: This speech by Vera Sharav is simply stunning — she explains clearly that Nazi methodologies are being used today by many governments worldwide in their Covid 19 policy settings. She should know — she survived the Nazi concentration camps in World War 2.
She talks about “the weaponization of Medicine” as she explains that “the Nazis used fear and propaganda — all in the name of public health”. … “The objective, then and now, was to condition people to become obedient and to follow directions without question.” … “The medical establishment provided the veneer of legitimacy to mass medical murder”. “The first victims were German infants and children who were medically murdered in hospitals”.
“Today humanity is threatened by the global heirs of the Nazis”.
“The real virus that continues to infect these predators is Eugenics”. “Their objective is global population reduction” … “Germany, Austria, Italy are once again swept up by an orgy of fascist hate-mongering. This time, the unvaccinated are the target. “
“The incontrovertible evidence shows that Covid injections do not prevent infection or transmission. They do not provide immunity.” So ….”what is the real objective of vaccine mandates and digital passports? Many independent scientists are warning that these injections are biological weapons of mass destruction. Tens of thousands of doctors, scientists and nurses refuse the injections.”
“We are at a catastrophic junction in human history”
“Do not be deluded, the unvaccinated are not the enemy.”
“We must join together and avert a catastrophe”.
The Full Speech: https://childrenshealthdefense.org/defender/vera-sharav-never-again-is-now-unless-we-all-resist/
THE BIRTH OF UTOPIAN DREAMS – THOMAS MORE and A SOCIETY WITH NO MONEY: A perfect Utopia on Earth has been a common fascination for a long time — arguably since human society began and certainly since 1516 in England when Thomas More wrote his fictional account of an island in his book titled “Utopia”. He called the book “A truly golden little book, no less beneficial than entertaining, of a republic’s best state and of the new island of Utopia”.
The economy envisaged by More was essentially a communist one with each citizen learning at least two trades which would assist the island in becoming self-sufficient. All work would be done in two 3 hour shifts with a 3 hour break in the middle of the day. The plan was for everyone to work and contribute. All goods were to be thus communally owned and then distributed from a central repository as per each individual’s needs. There was no need for money as this was essentially a labor for goods economy.
Fast forward almost 300 years to the early 19th century and you will find another book published in 1808 by a Frenchman called Charles Fourier. Over the next 20 years, Fourier wrote more books but failed to sell many. However, he almost single-handedly envisaged our modern world of today.
He is generally regarded as the Father of Utopian Socialism — which became the inspiration for the Germans Karl Marx and Frederich Engels (founders of Marxism) and, ultimately, the first great socialist experiment known as the USSR. He inspired two other Frenchmen, Charles Netter and Edmund James de Rothschild to found a socialist commune in Palestine called Mikveh Israel in 1870. That commune is still present today in modern Israel.
Fourier is also thought to have termed the word ‘Feminism’. He was somewhat of a sexual revolutionist, dreaming of communes where traditional marriages would not exist. He also had dreams of climate change with the ice of the North and South Poles melting and causing the chemistry of the oceans to change.
Fourier also inspired the National Socialist Party of Germany in the 1920’s, more commonly known as the Nazi Party. Hitler’s central banker, Hjalmar Schacht, was (circuitously) named in Fourier’s honor at birth as Hjalmar Horace Greely Schacht.
When they were younger, Schacht’s parents had travelled to the United States to study socialism under Horace Greely who was a famous American and who was a devoted follower of Fourier. Greely imagined a United States of Utopian Socialism and ran for the Presidency against Ulysses S. Grant after the Civil War. He lost, of course, but if he had won, he would have taken America down a utopian socialist pathway.
Charles Fourier died in 1837 but his inspiration for Utopian Socialism lived on to create the Nazi Party, Marxism and the USSR.
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.
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BANKS DON’T TAKE DEPOSITS, THEY BORROW YOUR MONEY: LOANS CREATE DEPOSITS — that is how almost all new money is created in the economy (by commercial banks making loans).
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy
Watch this short 15 minutes video and learn as Professor Richard Werner brilliantly explains how the banking system and financial sector really work. https://www.youtube.com/watch?v=EnC1UlnFLyI
AND Watch for 4 minutes, this Bank of England explanation: Money is essential to the workings of a modern economy, but its nature has varied substantially over time. This video provides an introduction to what money is today.
https://www.youtube.com/watch?v=ziTE32hiWdk
Most economists are unaware of this and even ignore the banking & finance sectors in their econometric models.
EMAIL: gerry {at} boomfinanceandeconomics.com
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There would be a civil war before any of this happens
There is, right now.
No there isn’t.
There is virtue signaling and shit talking.
There won’t be a civil war (the firing of weapons resulting in death) until food becomes scarce and the electricity is turned off and smart phones don’t work.
Hungry people fight, starving people lay around waiting to die dreaming about food and Netflix.
The civil war started last summer with the BLM and Antifa actions around the country. One side started using violence to promote their agenda in collusion with sympathizers in government. Reciprocal violence is smoldering. People know right from wrong and are beginning to fight back like the mother who tackled the guy who attacked her son. That is just a start.
A mother protecting her son is a sign of civil war?
Okay.
Since when is a basic parental human instinct an act of war?
People around here puzzle me.
I will guarantee that woman was not thinking about any political context of that situation.
“ touch my kid!!??……I’m gonna kill you!!…”
That’s what happened, don’t politicize EVERYTHING….
That’s a huge problem now.
And, politics are not going to solve our current dilema.
China is looking to take on new welfare clients?
Rural people will work hard and produce food if government lets them and they get paid; urban welfare liberal socialist won’t work much less do farm work. But my guess is the new Argentine-CCP Enterprise will not put up with Argentine Useless Idiot welfare maggot FSA protests and riots; Argentina-CCP will solve that problem. The USA under FJB though is going the wrong way on the Agriculture Highway, and on the present course, America will be have to import food like everything else, and that will become a knife hanging above 95% of American’s throats. FJB and his New Green Deal! Healthy well fed and free Americans without forced mRNA vaccine producing clot forming Spike Proteins in their blood, and without degraded Immune Systems (VAIDS) are more important than meeting the World Leader’s WEF goal of reducing the Global Population 95%. FJB and all the Elite.
Stakeholder sounds better than stakedriver. Color of law cronyism stakedrives the heart of capitalism, which is itself the heart of the healthy economic body – & so must be transplanted out in favor of the latest Jarvik pumps, the ones with wifi enabled kill-switches.
But that’s just about all it takes. Better sounding sounds, scapegoats. “Reading is fundamental” to training the gameable into wordgameables.
No such thing as crony, nor stakeholder, capitalism.
Argentina…
(wanna read Tevis’ novel after seeing the flick version, The Queen’s Gambit (he also wrote The Hustler & The Color of Money). Anya Taylor-Joy played the part, raised in Buenos Aries/London (but a jus soli murikan, too – born in Miami), father used to “banker,” is Argentine by way of English-Scottish descent, has the MBE & the OBE)
…has been a gang-rape train depot for a long time. Bankerapists & their econ hitman & the local tinpots with the offshore accounts & the voters who know how to (be)read(into). Same as everywhere else. Hold your heads up? Nah. What’s Love got to do with it? Ya – Love of “power”emuneration. You know those ArgenTina tunes.
It is a FACT that even now, we of the Peasant Class own nothing.
Unless you have a land grand going back to the beginning of the Country, you are a tenant.
Except for the Public Lands owned by the Government, the Land belongs to the Private People who are the Posterity of the Delegates at that first Convention that created a Government to rule the Peasants.
Look on you deeds or mortgage.
You do not even own your name.
The first name which is also called your Cristian name is yours.
The Sur name belongs to the Government.
When they are combined, that “Legal Name” belongs to the Government.
The Mother gives the newborn to the Government through the Birth Certificate process.
The Mother and Father are mere Guardians.
That is why the Government can take your offspring.
The Government can only take what is theirs.
When you use that “Legal Name” after the age of 18, you have volunteered to be a subject of the Government.
After the age of 18 and continue to use the “Legal Name”, you no longer have any protections of the Holy Parchment called the Constitution.
I can not grasp why so many worship the Parchment that has nothing to do with them.
The Government follows the Constitution to the Letter.
All such information is available to you but you refuse to learn it.
They (The Ruling Class Blood Related Nobility) (Yes. We are still ruled by British and European Royalty.) have already won and We the Peasant Class have been defeated.
Now that you know we are defeated we must use Guerrilla tactics to win back out liberty.
We have made the Government our God because we have chosen its laws.
We need to go back to choosing Jehovah Laws and Jehovah/Yahweh as our only Law and God.
Look up Jehovah in Websters 1828 and your eyes will be opened if you chose.
A safer choice is good old fashion Quaker Shunning.
Shun ALL Politicians, Enforcers and most of all their families.
Put your protesting effort to finding the Names of these people.
The families who can not buy groceries or fuel will relentlessly complain to their spouses to change their ways.
But sadly, we of the Peasant Class have been conditioned to only peacefully protest which will never change the plans of the Ruling Class.
We do not want to lose the Benefits from Government which are mere crumbs that fall from the Kings table.
We need to stop acting like Peasants.
Sadly, I have only recently (10 years or so) found this information in my old age and can only point out what the root of the problem is and show you the best way out.
So, when the hired thugs are beating you, you can only shout some more as it is your only weapon you chose to use.
Bullwinkle
Nice assessment Anon. You clearly are a ‘thinker’ and it would be good for you to ‘come out’ and let us know who you tuly are. You have much to contribute in our TBP Zoo IMHO; so thank you for a stunning contribution.