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THIS WEEK’S EDITORIAL
PREMATURE DEATH COMES TO AMERICA – US DEATH INSURANCE PAYOUTS SURGE: The big news last week was yet another revelation of huge increases in “non-pandemic related mortality” by the US life insurance company, Lincoln National. It reported a 163% increase in death benefits paid out under its group life insurance policies in 2021. “Non-pandemic related mortality” means that the disease of Covid 19 was not the direct cause.
The company paid out $ 1.4 Billion in death benefit payments in 2021, compared to just $ 548 Million in 2020. And in the previous year of 2019, they paid out $ 500 Million.
This huge increase can only mean that unexpected death is becoming commonplace for young Americans over the last 12 months.
There is now a term for this phenomenon — SADS — Sudden Adult Death Syndrome. The question to ask here is — what is the cause? Here are the actual numbers for Group Death Benefits taken from Lincoln National’s annual statements for the three years:
- 2019: $500,888,808
- 2020: $547,940,260
- 2021: $1,445,350,949
Lincoln National is the 5th largest life insurance company in the US. Group life insurance policies generally cover working-age adults aged 18-64 whose employer includes life insurance as an employee benefit. The statistics in the annual statements do not show actual numbers of deaths, just the dollar amounts paid. However, this degree of increase must presumably indicate a large increase in deaths.
The statements also showed a large increase in ordinary death benefits over the last 3 years — those not paid out under group policies, but under individual life insurance policies.
In 2019, that number was $3.7 billion. In 2020, the year of the Covid-19 pandemic, it went up to $4 billion, but in 2021, the year in which the Covid genetic therapy, leaky vaccines were introduced, it went up to $5.3 billion. That is 43 % higher than the 2019 figure — another staggering figure.
The sobering part of this is the fact these payouts only represent death. They do not reveal the disease and disability behind the increased deaths. It looks like many, many young, working age Americans are increasingly suffering poor health. And that health deterioration seems to coincide with the arrival of the new mRNA genetic therapy, leaky vaccines. Full Story: https://crossroadsreport.substack.com/p/breaking-fifth-largest-life-insurance
PREMATURE DEATH COMES TO AUSTRALIA: The Australian Bureau of Statistics (ABS) has recently released its figures for Deaths From All Causes. They make interesting reading.
There was a surge of death over and above the expected average in January this year of 20.5%. In February, a similar surge of death occurred which was 17.1% above the expected average. By end of March, there were 44,331 deaths registered which is 17.5 % more than the historical average.
The most important thing to note about these surges in death numbers is the fact that they occurred during the Summer months. That is extremely suspicious. Usually, death surges occur in Winter and are caused by the usual winter suspects of respiratory viruses and bacterial pneumonia. But Australia’s death pattern this year is starkly different to previous years and to normal epidemiological observations. This strongly suggests another cause.
Australia has been subjected to a reign of terror from its various Federal and State governments over the last 2 years in response to the Covid phenomenon. New genetic therapy Covid leaky vaccines were foisted onto an unsuspecting public as “safe and effective”. That description must now be suspected of being false. The only way to accurately determine death causation is by autopsy. Australia needs a major autopsy study as soon as possible to determine the cause of the excess deaths seen so far in 2022.
More statistical releases from the ABS reveal —
- COVID-19 was the 38th leading cause of death (898 deaths).
- In 2020 there was a decrease in mortality in Australia.
- The five leading causes decreased, with a significant reduction in respiratory diseases.
- Rates from suicide, drug overdoses and car crashes decreased.
- Alcohol-induced death rates increased by 8.3%.
- Total deaths registered in 2020 were 161,300 a decrease from 2019.
The Years of Potential Lives Lost analysis by the ABS is worthy of close inspection — Suicide was by far the major cause of potential life lost with the median age being just 43.5 years. Ischemic Heart Disease was next with the median age being 84.1 years with various Cancers being the third most common cause.
Covid 19 is not even mentioned as it mainly caused deaths in elderly people, close to or above their average life expectancy. The median age of death from Covid was 86 years.
Australia descended into tyranny and panic for two years over a virus that was NOT deadly to the vast majority of its population. And that fact was well known by March 2020 from the overall 0.35 % death rate observed in the Diamond Princess Cruise ship.
FRENCH POLITICS IN TURMOIL: In France, Marine Le Pen’s National Rally Party has won 89 seats in the National Assembly. Previously, they held just 8 seats. This is a huge victory for the far right party and it means that President Emmanuel Macron cannot control the parliament.
There are 577 seats available. The Left party, Nupes Coalition won 131 seats. Macron’s alliance Together! won 245 seats. That is 44 seats below a majority as 289 seats are required to control the house. Thus, Macron’s power is hugely diminished and it is hard to see the future for the nation. Political instability will continue.
SRI LANKA ECONOMY HAS COLLAPSED: According to the Prime Minister, the economy of Sri Lanka has collapsed with shortages of food, fuel, electricity and oil. The island nation’s tourist industry suffered enormously from the impact of Covid. Foreign tourists stopped coming and their foreign currency was no longer available to support Sri Lanka’s economy. Without foreign currency, Sri Lanka’s debt cannot be serviced and imports cannot be paid for.
From January 19th, the stock market CSE index has dropped by 50 %. It is now back to where it was in late 2014 and it will probably fall even further from here. 22 Million people are in deep trouble. They cannot grow enough food and medicines are in short supply. Starvation looks inevitable and disease will follow unless foreign aid agencies come to their rescue. The natural partners for Sri Lanka are India, China and Russia. The US and Europe will also be expected to assist.
NON DEMOCRACY IN UKRAINE: The war in Ukraine is often referred to as a war in “defense of democracy”. That description was badly damaged by President Zelensky last week. He banned the major opposition political party and confiscated its assets.
RUSSIA PAYS DEBTS WITH RUBLES: It was reported last week that Russia made Coupon payments owing on two Bond issuances with Rubles. Notably, these were Dollar Denominated EuroBonds with maturity dates in 2027 and 2047. Investors have to open a ruble account to receive the funds.
This is a major development in the evolution of what can only be described as the EuroRuble (Rubles outside Russia). RT reported — “Moscow will now consider its obligations completed “if they are fulfilled in rubles in an amount equivalent to the value of obligations in foreign currency” at the exchange rate on the day the funds are transferred to the central depository (NSD), through which they will be paid to creditors.”
RT also reported that the BRICS nations were developing a new global reserve currency from a basket of five currencies. The currencies are from the BRICS nations — Brazil, Russia, India, China and South Africa.
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 global banking systems really work. https://www.youtube.com/watch?v=EnC1UlnFLyI
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It also means “President” Emmanuel Macron cheated big time vs. LePen in the presidential election a couple of months ago.
I have a question about the “BRICS” economic coalition.
It’s primarily about the ‘S’ in BRICS.
South Africa.
Is there any economic vigor in South Africa? All I read regarding S.A. is economic collapse and decline of infrastructure. Just what any realistic person would expect when a wealthy European modelled and run nation would simply decide to install African Negroes in all key power and managerial positions, replacing the European descended people who brought the country to first world status.
I suspect the answer as to why S.A. would be included in a newly formed economic block would be found in it’s natural mineral resources, vast prime agricultural lands and moderate, nearly Mediterranean climate with unique wildlife attracting world tourism. All of which the African Negroes are incapable of exploiting or managing.
I may have answered my question by stating it. Is there something I left out?
All good reasons PSB and I would add SA’s strategic geographical position which is why the Dutch and Brits wanted it – a reason that hasn’t diminished over time I guess.
Thank you sir. Location, location, location. A biggie I left out.
I suppose there are a few countries relying on fiat currencies to buy foreign goods like fuel, fertilizer, and food like Shri Lanka did , that will have the same ultimate fate (go broke): Venezuela, Zimbabwe, Cuba, Pakistan, Egypt, Iran, Argentina, Brazil, Italy, France, England, Japan, Mexico, America. It’s a pity when there are more pigs wanting to suck on tits than the sow has tits.
2024:$5,500,000,000
2026:$0 (bankrupt or defaulting)
2028:$0 the dying are all now dead and nobody gets insurance because most companies are bankrupt or the rates are 200x pre scamdemic, so no takers.
Actuaries know.
When young people start dying right after taking The CV-19 Clot Shot at 3X (plus) the normal rate, even 8th Graders can figure it out. Pretty soon the average democrats will begin to figure out, probably before 8Nov2022: Abort all the Congressional Democrats in Nov 2022!
England’s Great Wheelchair Wars
Brilliant – at least they weren’t able to beat up each other – oops just saw the end! Paralympics in the raw – typical Brits.