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THIS WEEK’S EDITORIAL
COVID RESPONSE IS AN ECONOMIC DISASTER: BOOM has often commented that the whole Covid phenomenon of government policies driven by fear and control will eventually be seen as perhaps the biggest economic and social mistake in world history.
CHINA MISTAKEN; ZERO COVID IS NOT THE ANSWER: China is making a big mistake. It is destroying its economy by attempting a “Zero Covid” policy. No nation can achieve that goal and those that have tried have failed. New Zealand and Australia are excellent examples. Their daily death counts per million population from Covid are now slowly but steadily climbing as they adjust to accept that they will have to live with Covid, a disease that causes a population-wide death rate (at worst case) of only 0.35% (a small number in any total death toll). Their politicians have been defeated.
China, because of its central command and control system, is falling for the dream of absolute control. But absolute control cannot be achieved with a tiny respiratory virus. Masks clearly don’t work; lockdowns clearly don’t work and the so called “vaccine” experiments that use new genetic technologies also clearly don’t work. None of these measures can totally stop the spread of a respiratory virus and its further transmission from person to person.
Here are two references — one lists 150 studies that show that masks don’t work. The other lists 35 studies that show lockdowns don’t work. Masks Don’t Work — 150 Studies
https://drtrozzi.org/2021/12/21/more-than-150-comparative-studies-and-articles-on-mask-ineffectiveness-and-harms/
Lockdowns Don’t Work — 35 Studies — https://www.aier.org/article/lockdowns-do-not-control-the-coronavirus-the-evidence/ We need an International Treaty that bans all laboratory work on the genetic manipulation of respiratory viruses. Bioweapons facilities have run amok for too long. It is a madness that should never have happened. Many nations are guilty. We cannot tolerate this work anymore.
China must stop damaging its economy and its society. Locking people up is not going to work in the long run. The economic damage will cause more harm than good. The answers lie in early treatment. Early outpatient treatment DOES work. — a well-known doctor in the US, Dr Brian Tyson, has already treated over 10,000 patients — with only 7 deaths. He wrote a book about this achievement with a colleague, Dr George Fareed — “Overcoming the Covid Darkness”. This article is a summary of available treatments, most of which are most effective when used in the first 5 – 7 days of illness.
17,000 DOCTORS AND MEDICAL SCIENTISTS DECLARATION: Last week, 17,000 Doctors and medical scientists released a Declaration in the United States concerning the Covid phenomenon. Here it is. It is sober reading. Take note and pass it on to as many people as possible.
In considering the risks versus benefits of major policy decisions, our Global COVID Summit of 17,000 physicians and medical scientists from all over the world have reached consensus on the following foundational principles:
- We declare and the data confirm that the COVID-19 experimental genetic therapy injections must end.
- We declare doctors should not be blocked from providing life-saving medical treatment.
- We declare the state of national emergency, which facilitates corruption and extends the pandemic, should be immediately terminated.
- We declare medical privacy should never again be violated, and all travel and social restrictions must cease.
- We declare masks are not and have never been effective protection against an airborne respiratory virus in the community setting.
- We declare funding and research must be established for vaccination damage, death and suffering.
- We declare no opportunity should be denied, including education, career, military service or medical treatment, over unwillingness to take an injection.
- We declare that first amendment violations and medical censorship by government, technology and media companies should cease, and the Bill of Rights be upheld.
- We declare that Pfizer, Moderna, BioNTech, Janssen, Astra Zeneca, and their enablers, withheld and willfully omitted safety and effectiveness information from patients and physicians, and should be immediately indicted for fraud.
- We declare government and medical agencies must be held accountable.
Link: https://globalcovidsummit.org/news/declaration-iv-restore-scientific-integrity
WHO AND INTERNATIONAL HEALTH REGULATIONS: The World Health Organization is an unrepresentative body run by appointed individuals who essentially answer to no one. They are not subject to election or any other public scrutiny as far as BOOM can see. They are beholden, of course, to their financiers. Here are the largest national “assessed contributions payable” to the WHO annual budget in 2021 —
- China US $ 28.7 Million
- France US $ 10.6 Million
- Germany US $ 14.6 Million
- Japan US $ 20.5 Million
- USA US $ 51.6 Million
Member Nations are invoiced for a Total annually of US $ 240 Million Source: https://cdn.who.int/media/docs/default-source/2021-dha-docs/assessed-contributions-payable-summary-2022-2023.pdf?sfvrsn=3400287b_1&download=true
However, the annual budget of the WHO for 2020 – 2021 was far greater. The “Assessed Contributions” do not make up the majority of the funding. That is left to “Voluntary Contributions”. The Total Budget for that year was US$ 5,840.4 Million. The next Source document states — Quote: “the budget will be financed as follows: by net assessments on Member States adjusted for estimated Member State non-assessed income, for a total of US$ 956.9 million; and from voluntary contributions, for a total of US$ 4883.5 million;” Source: https://www.who.int/publications/i/item/programme-budget-2020-2021-approval-(wha72.1)
The corresponding paragraph in the 2022 – 2023 budget statement reads —“the budget will be financed as follows:
- by net assessments on Member States adjusted for estimated Member State non-assessed income, for a total of US$ 956.9 million;
- from voluntary contributions, for a total of US$ 5164.8 million;”
The WHO website states the source of Voluntary Contributions thus — “voluntary contributions (VC), (are) largely from Member States as well as from other United Nations organizations, intergovernmental organizations, philanthropic foundations, the private sector, and other sources.” Source “Contributers”:https://open.who.int/2020-21/contributors/overview/cvc
Some voluntary contributions are provided by some Nation State Members. However: “Specified voluntary contributions represent 88% of all voluntary contributions.”
The list for Voluntary Contributions Specified for the current biennium (2 years) can be found here — https://open.who.int/2020-21/contributors/overview/vcs Notable major contributions are —
- Bill and Melinda Gates Foundation US $ 592.3 Million
- Gavi Alliance US $ 413.2 Million
- The Gavi Alliance Funding can be found here — https://www.gavi.org/investing-gavi/funding/donor-profiles
However, the entire list is worthy of consideration. Further funding comes from “PIP Contributions”, most of which are from Pharmaceutical companies. https://open.who.int/2020-21/contributors/overview/pip
A WARNING FROM THE WORLD COUNCIL FOR HEALTH – STOP THE WHO The World Council for Health is NOT the WHO. It recently published this statement and an explanation on the Sources provided.
“The World Council for Health (WCH), a coalition of scientists, doctors, lawyers, and civil society advocacy organizations, opposes the World Health Organisation (WHO)’s moves to implement a power grab in the form of a global pandemic agreement.”
GERMANY HEADED TO BANKRUPTCY: Meanwhile, one of Germany’s top banking chiefs has warned that Germany is headed to mass corporate bankruptcy. “The energy supply in Germany is at risk, supply chains are breaking down, we have high inflation,” said Commerzbank Chief Executive Officer, Manfred Knof. Knof warned that high commodity prices and badly disrupted supply chains have damaged Germany’s exports and imports. He also stated. “We shouldn’t delude ourselves: the number of insolvencies in our markets will probably increase and the risk provisions of the banks with it.”
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 BOOM: http://boomfinanceandeconomics.com/#/
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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 global banking systems 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 describes 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 is so much here to unpack from your information packed prose, Peter, that I am going to take the time to address several of your paragraphs in what is likely to become a very long comment I plan to share on a community page of my own upon which I’ve not posted for a few years.
At one time there, I could draw ten thousand viewers from several places around the country and world. I know that because in the very beginning of Facebook, I saw the way the algorithm worked, sort of, and it worked very similarly to me the way a data query worked for me on the vast network that was the financial and scheduling system of the Department of Defense as it fed data to and drew data from my little database which tracked all of the costs and scheduling issues related to a fairly large maintenance operation in Oklahoma. If you have been here a while and have been keeping up, you know what that means. If not, ignore and move on. It ain’t worth the review.
The only reason I mention this is because I haven’t looked at anything actually on Facebook for years, only occasionally sharing something from here or from You Tube there, hoping to reach a few eyes and ears, but honestly? Facebook shut my ability to use the algorithm down in early 2020, shortly after I started livestreaming JConabike. I started getting cryptic messages from FB telling me they were unable to publish something I tried to post due to a variety of issues, such as misuse of intellectual property and copyright and since it was from old high school yearbooks, I figured someone was mistaking it for books or something. I had learned to use the algorithm to my own advantage by tying JC’s updates on the pandemic with old yearbook photos that I KNEW would draw the attention of a certain group of people. Those photos were taken by my father, who dedicated a great deal of his talent and time to documenting local history through prose and photos. So, while some copyright issues might have been involved, it didn’t make sense that they would not allow my posting of those old scanned pages unless something was going on.
Or something for real. Those were the early stages of the censoring and I saw it for what it was: censoring of my “community” page because I was a patriot and tended to post discussions of conservative issues. The fact that my posts drew thousands of views from old members of local community around the country and world caused “someone” at Facebook to take a look at the anomaly and shut me down. A little nobody in nowhere who happened to be able to draw ten to twenty thousand page views once in a while.
It really happened to me, Peter. Then some other stuff happened which made me decide to keep my head low for a while as we all must relearn how to do.
I will rename my own response to your fine update “The Shot Aimed Around the World” and leave it at that, trying to respond to each of your own points in a way that might encourage sharing and dialogue from whatever remains of my two thousand or so friends on that community page from longagoandfaraway. I will, with your permission, share it there first, then back here in a comment. I’m hoping to reach enough open minded people that it might awaken at least one of the woke or at least force them to identify their idiocy to the world before I get rid of the account forever. It will also test to see if Facebook continues to censor me or if it is a case by case basis.
If it turns out to be too long to post anywhere, I’ll send it in an email for you to read privately.
The folks on that community page are the kind of people who liked to read my father’s long meandering stories; it is an acquired taste.
Great update with a lot to think about.
Don’t let that scare you, Peter. I added my First and Middle initials with a different email address to direct anyone from my page to the Ghost of ME who is quite different from the ghost of Maggie.
And, the topics you’ve addressed should be written on the subway walls and in tenement halls. Because they echo in the sound of silence.
1. Covid Response = Economic Disaster
2. China Zero Covid = Absolute Control
3. Global COVID Summit of 17,000 physicians and medical scientists
4. A WARNING FROM THE WORLD COUNCIL FOR HEALTH – STOP THE WHO
5. GERMANY HEADED TO BANKRUPTCY:
At one time, in our lifetimes, Peter, men with real integrity would refuse the outright tyranny declared in their faces by storming the castles and halls of power in numbers too great to overcome. There would be have been tar and feathers for all, at one time in our lifetimes.
The Shot Aimed Around the World (at least to Irish Anna)
Great idea MEG and thank you for taking the time and trouble to follow these crucial events. I look forward to hearing more as I don’t use FB or any social media. I will an interesting experiment.
Life does not forgive stupidity. If we allow our respective governments to deceive us and work against our own best interests then we deserve what we get.
Germany’s government is clearly not acting in the best interests of its people and its problems will soon be all of Europe’s problems.
Indeed Jdog, it’s all being driven by the EU which itself is part of the Western cabal of banksters who have no choice but to take the war to Eurasia if they are to preserve their hegemony of global control. I don’t think they are going to win this one but whoever prevails it doesn’t look good for the little people.
Ukraine is clearly a proxy war, pitting US/NATO tactics and weapons against the Russian Federation. So far, US / NATO are losing badly. It is certain that much of what Xi is not sending to the US in the way of electronics and computer components is being sent to Russia along with short range missiles and drones to ensure Russia continues to bleed the US / NATO stockpiles which they will struggle to replenish. Following the example of the US, I am quite sure China will sit back and allow the US / NATO along with it’s ally Russia to battle themselves into poverty while China prepares to become the new Superpower.