Xmas Humbug – UN Hires Hancock! – Lord Sumption Speaks – Crypto Bust – GFC II – Bleak House – Climate Crap – Swimming Naked – Letter from Great Britain – [12-03-22]

“If I don’t know – I can’t act” – Knowledge of The Word is Spiritual Power

HAPPY RUDDY CHRISTMAS!  The ‘Christmas Bonus’ is paid every year to help pensioners over the winter period. The money is tax free and does not have any impact on other benefits pensioners receive. Great, let’s have a party! Oh dear, forget it – for not even a good Chateauneuf-du- Pape.

This year it comes in the middle of a cost-of-living crisis, lest we forget, when prices have risen on everything we need and inflation is currently running at 11.1% pa  Yet the £10 bonus has remained at the same level since 1972, when it was first introduced!  What do these idiotic politicians believe we think of them?  We are a happy band of 12 million pensioners and we VOTE – Big-time. I shall despatch my derisory pittance to my chosen charity.

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HIDING IN THE JUNGLE is a man guilty of crimes against humanity and yet many Brits are blind to it and even celebrate.  Nigel Farage says many more will die as a result of undiagnosed conditions that have arisen since lockdown and yet Hancock has been recruited by the UN!  Why am I not surprised?  Hancock is a WEF stooge.

The GB News presenter hit out at ex-Health Secretary, Matt Hancock, during an impassioned plea, saying many more people are likely to die as a result of “missed diagnoses” that have been prompted by lockdown. Nigel spoke in reference to people who were unable to visit NHS services as many were shut down due to Covid being prioritised.  But he forgot to mention the thousands being damaged and dying of the genetically engineered jabs:

There is “increasing disappointment” in Matt Hancock at his constituency, said the West Suffolk Conservative Association. “We are still waiting to hear from Matthew Hancock,” a spokesman told ‘The Times’, after the MP finished third in the game show ‘I’m A Celebrity!’  Newmarket town council voted last night officially to call for Hancock to resign. Twelve councillors backed the motion, one abstained, and none voted against.  Hancock wants to remain an MP but one councillor told the Mirror: “I just hope they say, No, mate, you’re out.” https://www.theweek.co.uk/matt-hancock/958642/im-a-celebrity-do-the-public-like-matt-hancock-after-all

THOUGHT FOR THE WEEK:  I am a member of several organisations dedicated to revealing the truth – one such is: https://togetherdeclaration.org/

This week ‘Together’ asked a cogent question:  Why the deafening silence from the human rights lobby in the face of  the HMG dystopian Covid response?  Lord Sumption says: “The deafening silence of the human rights lobby in the face of the Covid response, really is quite remarkable”

“Together” expands on the good judge’s observations (lightly edited by AP): When lockdowns were followed by forced masking, then ‘vaccine’ passports and finally ‘vaccine’ mandates imposed on society, many of us felt shocked and asked:

  • Where were the ‘human rights’ organisations?
  • Where were the ‘civil liberties’ groups?
  • Where are the lawyers who for years we were told are ‘do-gooders’ looking for any excuse to challenge the government?

With hardly an exception, what we got from them, as Lord Sumption put it this week, was ‘deafening silence.’  We knew the only people who would stand up for our basic human rights, such as freedom of movement, bodily autonomy, and informed consent were organisations like “Together”

Bureaucrats, Globalists (aka WEF et al) and bought & paid-for politicians, at the recent G20 meeting, united to introduce global vaccine passports. A regulator found that the Pfizer CEO Albert Bourla, (a Greek animal doctor?), ‘misled the public’ about kids’ jabs yet they are still being promoted?  A local County Council wanted to fine you for leaving your ‘designated district’ in your car during lockdown. Where are the ‘civil liberties’ groups in any of this?

Yet again, the only people speaking out on these kinds of issues remain people like “Together”.  What we’ve seen since March 2020 is, when push comes to shove, precious few in our society seem committed to the principles of freedom – even the organisations which, at least in theory, are paid to do so. Well, we are committed. And we hope you are, too. This is a fight we can’t afford to lose.   Become a ‘Together’ member and fight for freedom, bodily autonomy and accountability:  https://togetherdeclaration.org/join/

BREAKING NEWS: And it’s happened again!  Crypto outfit, ‘BlockFi’ which was founded in 2017, and eight affiliates went bust on November 30. Wolf Richter says: “These crypto outfits lent to each other and used crypto tokens as collateral which then collapsed, and they bought each other’s crypto tokens which then collapsed, and they gambled with their clients’ funds on tokens that then collapsed, and they used their own artificially inflated crypto tokens as reserve capital that then collapsed, and funds were siphoned out as we now see being revealed in the FTX bankruptcy.

While these twisted inter-connections and self-boosting mechanisms were working, they all went to heaven together, but those mechanisms make for smooth and efficient contagion in the whole crypto space, and now they’re all going to heck together.” Crypto should not be regulated; just let it burn off.

The whole sorry story is summarised here: https://wolfstreet.com/2022/11/28/blockfi-8-subsidiaries-file-for-bankruptcy-smooth-efficient-crypto-contagion-continues/   Lesson: Stay away from anything that smells like ‘Crypto’ and I don’t believe BTC is safe either.

AND ZeroHedge underlines the advantage that banksters are taking to push their CBDCs.  “The US House has scheduled hearings on FTX with an emphasis on regulation.  In Europe, globalist Christine Lagarde and the ECB are calling for global cooperation on monitoring and controlling cryptocurrencies.  Lagarde wants a “digital Euro” to take the place of existing coins and blames FTX and the larger market losses on lack of oversight.”

It’s not certain that “CBDCs mean the total death of any economic freedom the public has left, and central banks are exploiting disasters like FTX to make that death happen even faster.”  But the fear is there for all to see.

GFC II – WHERE ARE WE TODAY?  Well, look no further, for here is the sick backstory of what really happened and why we were all in lockdown for two years, supposedly for a scamdemic that imminently threatened the death of millions.  It wasn’t quite like this at all – you were lied to all the way from lockdown to the genetically engineered therapies that you were coerced to take in the interests of the community at large. As always it is all about the MONEY!

This detailed explanation is priceless; offered by Simon Elmer who has a doctorate in the History and Theory of Art and someone for whom I have great respect.  He is a co-founder and a director of Architects for Social Housing.  He is also the author of several books, his latest being ‘The Road to Fascism: For a Critique of the Global Biosecurity State’.

The Road to Fascism is not an attempt to contribute to an academic debate about the meaning of the term “fascism,” but rather to interrogate how and why the general and widespread moral collapse in the West over the past two-and-a-half years has been effected with such rapidity and ease, and to examine to what ends that collapse is being used.

I will attempt to précis it for you to save you time.  “First, the history of complex financial machinations is worth reading at the link below but I will start from when you and I became aware of a social time-bomb exploding on our streets.  But what most of us didn’t know was that the WEF ‘Great Reset’ of the global financial system, supposedly justified and even necessitated by the ‘scamdemic’ was initiated 6 months before, in September 2019;  it was officially declared but hidden from the public, and not in response to a virus.”  I have written about this a few months ago in response to a reader’s enquiry: https://austrianpeter.substack.com/p/a-perfect-storm-the-money-crisis?s=w

“Globally, over $41 trillion in assets, nearly half the world’s GDP, are held by central banks.  And as deposits were made in the US Federal Reserve, so the money made its way into commercial banks, with deposits that in the latter had remained on an even upward trajectory through the Global Financial Crisis of 2007-2009 having a direct correlation with the spike in assets after September 2019.

Had the $12 trillion of helicopter money pumped into the collapsing financial sector by central banks in March 2020 reached transactions in the real economy, it would have triggered hyperinflation that Blackrock had warned the Federal Reserve must be avoided. This, we might assume, is what Blackrock meant when, in its August 2019 report: ‘From unconventional monetary policy to unprecedented policy coordination’, it insisted that a practical way of ‘going direct’ would need to define ‘the unusual circumstances that would call for such unusual coordination’. These words have meaning.

Lockdown wasn’t imposed to protect the world from a ‘civilisation-threatening’ new virus but because the real economy had to be shut down — with most business transactions and consumer spending suspended — in order to ‘insulate’ it from the vast sums being pumped into the collapsing financial sector.  But that’s not all.  At the same time that banks were creating trillions of electronic dollars, hundreds of millions of workers were forcibly placed on furlough for months and years on end by national governments, which effectively mortgaged in advance the future labour of their populations.

Just like the programme of fiscal austerity imposed after the last Global Financial Crisis had punished workers for the speculations of the financial sector by reducing government spending on the economically spurious justification of ‘balancing the budget’; so lockdown made certain that the bailout of the banks would be paid by the workers and small businessmen whose jobs and businesses have been lost, bankrupted or placed into debt by the governments enforcing lockdown on the even more spurious justification of protecting them from a threat to public health that never existed.

Like austerity, therefore, lockdown is an economic class war waged by the financial and political ruling class against the working and increasingly, the middle classes, who demonstrated their redundancy by obediently ‘working from home’ under lockdown, and white-collar jobs being rendered superfluous by the new technologies of the Fourth Industrial Revolution.

So, when Jeremy Hunt and his WEF equivalents across Western economies tell you that spiralling inflation, rocketing energy prices and the plummet in our standard of living is because of Covid-19, ‘Mad-Vlad’ invading the Ukraine or necessitated by global warming, he or she is fobbing you off with a false explanation and easy scapegoat to blame for the second Global Financial Crisis in 12 years.

As Ray Dalio, the billionaire founder of the world’s biggest hedge fund has recently pointed out, the last time this happened was in 1932. These are the economic conditions for the return of fascism to the politics, laws and ideology of the West we’re witnessing today. If you’re interested in who benefits from this managed demolition of our economies and the Brave New World they want to build on the ruins, you may be interested in The Road to Fascism: For a Critique of the Global Biosecurity State.  The full text is HERE

INFLATION WATCH:  It looks like GB will return to a Dickensian Bleak House . Households face a ‘Christmas Carol‘ of a “bleak winter” as prices in the shops continue to accelerate, driven by food – all we need is tons of snow to complete the picture.  Food inflation has soared to a new record, with prices jumping by 12% over the last year.  Items such as eggs, meat, dairy products and coffee shot up, according to the latest data from the ‘British Retail Consortium’ (BRC). This lifted fresh food inflation to 14%, up from 13% last month.

These soaring prices are a blow to shoppers in the run-up to Christmas, on top of higher energy bills and falling real wages.  Overall shop prices are now 7.4% higher than last November, up from 6.6% in October, the highest since the BRC started crunching its numbers in 2005.

Rising inflation means the UK is expected to suffer its worst fall in living standards since at least the 1950s.  UK businesses confidence has also weakened as employers fear the recession will be accompanied by rising inflation – the worst of economic disruption – stagflation repeating the conditions of the 1970s.  And economists fear China’s economy will struggle next year as the PRC continues their zero-Covid strategy despite protests on the streets last weekend – although we might see some moderation soon.

The tragedy is that it is hitting the young generations worse – for example: In East London, Jane, a freelancer who lives with her charity worker partner, is facing eviction at any moment. They have refused to pay a 60% hike in the rent on her three-bedroom apartment. It is not just a question of fairness; it is simply unaffordable. The £3,000 rent demand is above the couple’s total combined income!

Jane says: “Our parents had three-bedroom houses, cars and children [by our age] and we can’t afford any of those things, it’s a pretty bleak situation to be in when you have 20 to 25 years of work behind you and nothing to show for it.”   BLEAK INDEED!

SURVIVAL MONITOR: The greatest perceived threat to our survival is the ‘Climate Change Hypothesis’.  Yes, it is only a hypothesis, – it is not a proven theory and is full of glaring holes which makes it even more an ideology than a serious scientific hypothesis. I have already posted the data analysis and how it is flawed by the usual and obvious statistical scams which of course are not always recognised by those unversed in the scientific method.

Here we have a 12 minute presentation debunking five major, blatant disinformation items about climate change used by the captured MSM and their bought and paid-for pseudo ‘scientists’ – act accordingly:

THE NARRATIVE BATTLE:  There are ‘fictional’ stories emerging everywhere now that the global financial model is becoming unstable.  This is always the case when an economic recession begins, the tide of free money goes out, and those without cover (swimming naked, a la Warren Buffet) find the debts go bad and the lenders want their money back. This is when everyone involved starts to spin their stories to cover their backsides and get out with a smidgen of credibility to try and start again.  There might not be a new start on offer this time.

The FTX crypto saga is a poster child for this extreme phenomenon and this why I am following the collapse of this particular house of cards – it is one of the deepest financial rabbit holes I have witnessed in a long time and likely involves the villains and stooges in banking, venture capitalists (VCs), private equity ‘investors’ (aka ‘asset strippers’), regulators, the usual suspects in law, accountancy, and the political-intelligence services, to name but a few.  Here’s a 7-minute video which explains how all this corruption and fraud is linked in a toxic network of all the usual suspects: https://www.youtube.com/watch – FTX What the media won’t tell you

Mark at ‘Bombthrower’ is an expert in the crypto space and is reporting as the pile of collapsed cards are examined in depth – or not – because the appointed CEO of the new company, set up to recover what residual assets he can, has a chequered history himself. Mark’s analyst, Scott Hill comments: “Running an unprofitable casino is a terrible business, but selling an unprofitable casino that looks extremely busy to a private investor is a fantastic business.”

This part of the story seems like the inevitable end-state of the 2010s dominance of Venture Capital (VC) and private investing. After a decade of easy money, low interest loans and an insatiable appetite for tech investments, we were bound to see some game the system.

In 2021 VCs were not doing due diligence, they were shoving newly raised funds into unproven start-ups on a whim as fast as possible. Venture Capital firms invested $643 billion in 2021. Almost double the pace of 2020 and five times as much as was committed in 2012.  “For context, the noted scam company Theranos raised $1.4 billion over 13 years. FTX raised $1.8 billion in only 3 years.”

The entire story of the growth of FTX is a story of the manic driving forces of tech stock investing being applied to Crypto and fintech. The problem is that when a social media company blows up, users just lose their photos and social graph. When a fintech or Crypto company blows up, customers lose their funds and lives are ruined.”  Read the full article and know why caveat emptor is important: https://bombthrower.com/the-rise-and-fall-of-ftx-part-2-of-3/

UNTIL NEXT WEEK:

For more, read: “The Financial Jigsaw”: Scroll:   https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020   including regular updates.  For a  free PDF copy e-Books, Parts 1 & 2,  email; [email protected]

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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.

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6 Comments
B_MC
B_MC
December 3, 2022 10:31 am

Xmas humbug indeed….

We’re all stuffed. If You Live In Britain you’re very stuffed

Most adults in Britain say they will be in poverty by Christmas. House prices are (as predicted) sliding faster than for years. Inflation is being driven higher and higher by huge pay demands. (Nurses, already on £27,000 to £60,000 a year, have become highwaymen threatening the public with ‘your money or your life’.) Unions are driving inflation ever higher. The ones who suffer will be the people on fixed incomes, the self-employed and the elderly…

Hunt’s latest budget is merely taking us backwards. It’s an old-fashioned communism budget: more taxes and more government spending. There is nothing to help grow the economy or improve fading productivity.

Meanwhile, the attack on cash is continuing.

HSBC announced that it is to close 114 branches because people are going digital. Soon they won’t have a choice.

Cash is disappearing from the UK faster than anywhere in the world. Now, just 1% of financial transactions are in cash. Those morons queuing in cafes and newspaper shops to pay with those damned plastic cards are going to kill us all.

https://vernoncoleman.org/articles/were-all-stuffed-if-you-live-britain-youre-very-stuffed

BL
BL
December 3, 2022 10:33 am

Really excellent reporting Peter. The FTX scam is just another case of joos-gone-wild fleecing the goy who need to keep taking it up the backside until they grow up and realize they are suckers. I have no pity for the duped crypto crowd….none.

The boo-hoo over the 10 pound bonus also gets no pity, HRM ChuckIII is living extra large while the peons line up at the food banks and warming centers. Whatta load of crap and Brits REALLY need to stop putting trust in the Lord Snot network (that is so dumb as to be mystifying).

The Bankman-Fried video is recommended but I suspect most here already knew the connections of those who want us dead while they strip all the assets and gain the planet for (((themselves))).

rhs jr
rhs jr
December 4, 2022 4:47 pm

Obviously all the supposedly Human Rights Organizations are Leftist Fronts (Controlled Opposition) meant to fool and use the Useful Idiots to advance Cultural Marxism, not help maintain healthy Civilization. Global Warming and Covid Virus Pandemic Fraud is obvious, CV-19 Shot Genocide is obvious to anyone looking at the Shot Injury and excess deaths Reports. Chem-trails are obvious to anyone with eyes. Sabotage of food and fuel is obvious. Vote Fraud, democrat incompetence, Conservative censorship, dumbed down public schools, and The CBDC potential Tyranny are obvious. Our State Dept is behind the Ukraine War, stupid Sanctions, and the Russian Pipeline explosions; they have made US global Enemy #1; Where is the American Public Outrage with our NWO Oligarchs?