Next in Line – Liberal Fascism

The events unfolding now in Europe and the US show that the left-liberals, who are losing public support, are ready to commit the most vile provocations and any violence against laws and constitutions, just to stop their societies from returning to the primacy of traditional values.

For many years, Europe has been becoming more and more right-wing. The demand for traditional values and healthy conservatism is clearly growing, and along with it, the approval ratings of right-wing conservative politicians are growing, and the positions of the relevant political parties are strengthening.

The European right-wing cannot yet break the monopoly of the left-liberal globalists in European politics. Will they?

Do Lockdowns Prevent COVID Deaths?

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

We would by now have expected the narrative surrounding COVID19 to be simpler to understand, but it’s not. We may understand much more about the disease and everything that has to do with it, but we’re finding there is so much that has been left unsaid, not discussed, neglected.

The discussion has been stuck in an All Else Being Equal (Ceteris Paribus) mode, but all things do not remain equal. It’s not even as if you get rid of the disease, all your problems go away. Not only do various COVID measures inflict huge damage on economies, on people’s jobs and incomes, they also cause entire new sets of health problems.

Epidemiologists and virologists are not equipped for such massive problems. They may be able to say the odd wise word in their field -and even that will be 90% rear-view mirror stuff, because they must compare what they see to what happened in the past-, but the disease doesn’t only affect their field. It affects many fields they have no knowledge of.

Their ideas are then taken on board by economists, not exactly the most scientific of sciences, and off go the government policies. But that was 6-7 months ago, and we learned so much since, right? By now we have involved for instance mental health experts on a large scale, right? Yeah, sure.

The point is, you can’t force lockdowns, masks etc. onto people, without looking at what the consequences of that will be. Because all things do not remain equal for 6-7 months.

A nice example comes from a July 2020 study published in the Lancet, which indicates that “..the number of smokers in a population was correlated with a 3% decrease in covid deaths.. Wow, that’s great. Let’s get everybody smoking, said … nobody. But if your sole focus is COVID19, and for many governments it is, why not? That’s of course because smoking is one thing people recognize as “bad”. But how about other things, that are not?

That same Lancet study, as interpreted by a Sebastian Rushworth MD, also says there is no proof that lockdowns work:

Does Lockdown Prevent COVID Deaths?

The factors that most strongly predicted the number of people who died of covid in a country were rate of obesity, average age, and level of income disparity. Each percentage point increase in the rate of obesity resulted in a 12% increase in covid deaths. Each additional average year of age in the population increased covid deaths by 10% . On the opposite end of the spectrum, each point in the direction of greater equality on the gini-coefficient (a scale used to determine how evenly resources are distributed across a population) resulted in a 12% decrease in covid deaths. All these results were statistically significant.

Another factor that had an effect that was significant, but more weakly so, was smoking. Each percentage point increase in the number of smokers in a population was correlated with a 3% decrease in covid deaths. Ok, let’s get to the most important thing, which the authors seem to have tried to hide, because they make so little mention of it. Lockdown and covid deaths. The authors found no correlation whatsoever between severity of lockdown and number of covid deaths. And they didn’t find any correlation between border closures and covid deaths either. And there was no correlation between mass testing and covid deaths either, for that matter. Basically, nothing that various world governments have done to combat covid seems to have had any effect whatsoever on the number of deaths.

Which is intriguing, because countries like France, Belgium, Netherlands appear to have had spectacular success with their recent new lockdowns.

Problem is, you can’t lock down countries and people forever. And if the coronavirus has become endemic in the population, the “success” would seem to be inevitably short-lived. In the Netherlands just now, numbers were announced that already are 15% or so up from the 24 hours before. What if a lockdown is not the answer, or not anymore at least? I don’t have the impression that there is a Plan B.

But it would appear to be useful to by now stop throwing all “cases” on one heap, and find a better definition, for instance “positive PCR tests”. Or even “positive PCR tests that require medical attention.” And you will also have to define much better who requires that attention, and who dies. If you’re talking, say 90%, only about people who are either very old and/or have severe underlying conditions, maybe a general lockdown is not your thing.

Maybe you should aim to protect these vulnerable groups, and leave the rest alone. Maybe obese people, who are very much at risk, should be locked down, but not their fit and slimmer neighbors. Maybe you should ban food that causes obesity and diabetes, maybe you should hand out Vitamin D to everybody. Maybe you should simply accept that some people are going to die of the disease.

Whatever else you do, maybe you should prepare for the risk that the virus is endemic, and it’s here to stay. And then take it from there. Because, for one thing, it’s not all that obvious, it’s all still riddled with misconceptions. Renowned medical site medrxiv.org has this:

Association Between Living With Children And Outcomes From COVID-19

Close contact with children may provide cross-reactive immunity to SARs-CoV-2 due to more frequent prior coryzal infections from seasonal coronaviruses. Alternatively, close contact with children may increase risk of SARs-CoV-2 infection. We investigated whether risk of infection with SARs-CoV-2 and severe outcomes differed between adults living with and without children.

This is the first population-based study to investigate whether the risk of recorded SARS-CoV-2 infection and severe outcomes from COVID-19 differ between adults living in households with and without school-aged children during the UK pandemic. Our findings show that for adults living with children there is no evidence of an increased risk of severe COVID-19 outcomes although there may be a slightly increased risk of recorded SARS-CoV-2 infection for working-age adults living with children aged 12 to 18 years.

Working-age adults living with children 0 to 11 years have a lower risk of death from COVID-19 compared to adults living without children, with the effect size being comparable to their lower risk of death from any cause. We observed no consistent changes in risk of recorded SARS-CoV-2 infection and severe outcomes from COVID-19 comparing periods before and after school closure. [..] Our results demonstrate no evidence of serious harms from COVID-19 to adults in close contact with children, compared to those living in households without children. This has implications for determining the benefit-harm balance of children attending school in the COVID-19 pandemic.

And yesterday we had this from Reuters:

“Anxiety, depression and insomnia were most common among recovered COVID-19 patients…and the researchers also found significantly higher risks of dementia…”

One of the Automatic Earth’s in-house doctors, Doc Robinson, rightly said qualifying insomnia as a mental illness is a very broad stroke. Whereas my attention was drawn to this line:

“.. people with a pre-existing mental illness were 65% more likely to be diagnosed with COVID-19..”

How does that work? Why would you be 65% more likely to catch COVID, or be diagnosed with it, if you’re already depressed? Depressed people are more likely to attend Trump rallies? Or Biden celebrations?

One In Five COVID19 Patients Develop Mental Illness Within 90 Days

Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a large study found 20% of those infected with the coronavirus are diagnosed with a psychiatric disorder within 90 days. Anxiety, depression and insomnia were most common among recovered COVID-19 patients in the study who developed mental health problems, and the researchers also found significantly higher risks of dementia, a brain impairment condition. “People have been worried that COVID-19 survivors will be at greater risk of mental health problems, and our findings … show this to be likely,” said Paul Harrison, a professor of psychiatry at Britain’s Oxford University.

[..] The study also found that people with a pre-existing mental illness were 65% more likely to be diagnosed with COVID-19 than those without. Mental health specialists not directly involved with the study said its findings add to growing evidence that COVID-19 can affect the brain and mind, increasing the risk of a range of psychiatric illnesses. “This is likely due to a combination of the psychological stressors associated with this particular pandemic and the physical effects of the illness,” said Michael Bloomfield, a consultant psychiatrist at University College London.

As I said two days ago:

“Just lovely! If you catch COVID, you get mental health issues. And if you go into lockdown so you don’t catch COVID….you also get mental health issues.”

Children Regressing And Struggling Mentally In Lockdown

Children hardest hit by Covid-19 measures have regressed during the pandemic, with some who were potty-trained pre-lockdown reverting to nappies and dummies, and others forgetting basic numbers or how to use a knife and fork, according to the schools watchdog Ofsted. Older children have lost physical fitness as well as reading and writing skills, and some are showing signs of mental distress, which can be seen in an increase in eating disorders and self-harm, according to Ofsted’s chief inspector, Amanda Spielman.

[…]

The findings, based on 900 visits to schools and social care settings by Ofsted inspectors since schools fully reopened in September, paint a worrying picture of the impact of the pandemic on children at every stage of the education system in England. While children with good support structures have coped well, those whose parents were unable to work flexibly and have therefore been less available to help have lost out most. Children with special educational needs and disabilities have been “seriously affected” across all age groups, both in their care and education, losing vital support including speech and language services.

Lockdowns are based on pretending we can make time stand still. That, like in one of those slick videos, everything else stops moving while you can walk around it. All Else Being Equal. It never is, not for 6-7 months. And that the first lockdown didn’t work, at least not for long, should perhaps be a lesson. Maybe you should look for answers elsewhere. Because the damage just goes on, economically, psychologically, physically.

I’m not pretending I have the answers. I do have questions though. While the situation reminds me of Sisyphus, forced by Zeus to roll a boulder up a hill for eternity. Every time he nears the top of the hill, the boulder rolls back down.

We need to find a balance between the threat of COVID19 and the threat of everything else, very much including those things that are caused by our approach to COVID.

Airline Groups Embrace ‘Digital Health Passports’ over Quarantines as Covid Shutdowns Conti nues to Cripple Industry

via RT

Three airline trade groups are calling for the adoption of digital health passports like the World Economic Forum- and Rockefeller-backed CommonPass in place of the quarantines and border closures that have slashed their profits.

Oneworld, Star Alliance, and SkyTeam – three of the largest global airline groups which together represent 60 percent of the world’s passenger air capacity – issued a statement praising smartphone-based health pre-clearance apps like CommonPass on Wednesday, urging governments to mothball the “blunt instrument” of quarantines and lockdowns and adopt intrusive digital health technology instead.

The airlines cited recent testing of CommonPass, which purports to offer a trusted international standard for documenting a passenger’s compliance with Covid-19 health regulations, as well as a recent report from the International Civil Aviation Organization (ICAO) in their plea for governments to reopen closed borders and roll back mandatory-on-arrival quarantines for travelers who’ve installed the app.

“A robust protocol for testing will…demonstrate that air travel is not a material cause for infections and will pave the way for a framework of trust to be established between nations,” Star Alliance CEO Jeffrey Goh said in a joint statement published by the three groups on Wednesday.

CommonPass – the only app cited by name in the statement – aims to allow travelers to bypass many countries’ mandatory quarantine period by certifying they are healthy before they board the plane using internationally agreed-upon testing measures. Once a vaccine against the novel coronavirus is available, the app will also certify that a traveler has received it. Inbound travel to countries that require new arrivals to quarantine for two weeks dropped almost as much as travel into countries with closed borders, according to statistics from the International Air Transport Association (IATA) collected between January and May.

Airline CEOs appear to have pinned their hopes on the idea that world-travelers are so stir-crazy after travel bans extending up to 10 months that they will gladly jump through this latest Orwellian hoop in exchange for a chance to take to the skies once more. “With extensive travel restrictions creating much uncertainty for customers, testing can play a role in enabling the safe restart of travel,” OneWorld CEO Rob Gurney said in the joint statement, suggesting a “consistent, scalable and cost effective” standard would “provide clarity and confidence to customers, airlines and other stakeholders.”

CommonPass was launched in July by the Commons Project, the World Economic Forum, and the Rockefeller Foundation in partnership with “350 public and private sector leaders from 52 countries,” according to its website, which gives precious little information about its origins other than that it was founded with Rockefeller Foundation money. The project’s stated aim is to “help rebuild international cooperation” as countries move toward reopening their borders in the wake of the Covid-19 pandemic. Many countries remain entirely or partially closed, and international travel has dwindled to a trickle, placing 190 million livelihoods in jeopardy and costing the world economy a whopping $5.5 billion, according to the World Travel and Tourism Council.

While CommonPass limits its scope to passport and health information, the idea – a trusted international standard for sharing what would otherwise be private information – closely resembles the WEF’s Known Traveler Digital Identity program, which predates Covid-19. An all-purpose digital ID, KTDI combines CommonPass’ record of travel and health status with financial data, social relationships, and perhaps most disturbingly, behavioral information. While the WEF has not explicitly acknowledged the overlap between CommonPass and KTDI, it has admitted it is “currently piloting components of the KTDI concept in a real-life, cross-border context” and “engaging with international organizations” including two global airline standards bodies.

Last month’s CommonPass trial tracked volunteers from London’s Heathrow airport to the US’ Newark Liberty airport. London also has unveiled a pre-departure testing site that allows passengers flying to Hong Kong and Italy to undergo rapid Covid-19 testing before checking in. However, rapid diagnostic tests have been shown to be even less accurate than the “gold standard” PCR test, which experts have acknowledged is much too sensitive to correctly distinguish between asymptomatic cases capable of spreading the virus and individuals who are neither symptomatic nor contagious.

Russia’s Vector Research Centre Finds More Than 15 Promising Compounds for COVID-19 Drug

MOSCOW (Sputnik) – Russian State Research Center of Virology and Biotechnology Vector has discovered more than 15 compounds with pronounced antiviral activity, which are promising for the creation of drugs for the treatment of the coronavirus infection, Russian public health watchdog Rospotrebnadzor said.

“To date, the antiviral properties of more than 500 candidate therapeutic agents have been evaluated. The work is carried out in several stages, including the study of properties in experiments in vitro (on cell cultures) and in vivo (on laboratory animals). More than 15 compounds have been found that have a pronounced antiviral activity and promising for the creation of drugs against COVID-19,” it said.

With the world’s scientists hunting for a Covid-19 drug, Siberia’s Vector Center has discovered antiviral properties in the Chaga mushroom, found on birch trees, suggesting that the fungus is capable of suppressing coronavirus.

According to the SCIENCE First Hand journal, researchers believe that drinking extracts of the fungus throughout the day could fight the growth of the deadly infection.

“Due to the pronounced protective effect and low toxicity of Chaga, we can talk about creating antiviral drugs using the mushroom as a base,” scientists say.

Professor Tamara Teplyakova, from the Vector mycology laboratory, revealed that she tested the mushroom’s effectiveness on herself, her family, and colleagues who fell ill with Covid-19. After five to seven days, the symptoms of the disease disappeared.

Speaking to Moscow daily RBK, Teplyakova explained that the researchers next step was to test the mushroom on mice.

“To obtain a drug or dietary supplement based on Chaga, further research is undoubtedly necessary,” the publication says.

Found most commonly in Northern Europe, the Chaga mushroom is also known as Inonotus obliquus. In fact, the English word ‘Chaga’ comes from the Russian name for the fungus.

The Vector Research Center of Virology and Biotechnology, located near Novosibirsk, has been on Russia’s front line against Covid-19 since day one. Last month, President Vladimir Putin announced that the government had approved a Vector-made coronavirus vaccine, which is currently undergoing trials. The center is a world-class virology and biotechnology facility and has one of the planet’s most comprehensive collections of viruses, including Ebola, SARS, and smallpox.

In the middle of October, Russia registered its second coronavirus vaccine, EpiVacCorona, which was developed by the Vector research centre.

SocGen Calculates the S&P and Nasdaq Would Be Less than Half Without QE — and Same for the GDP

via Zerohedge

One of the most challenging questions traders have faced over the past 11 years, ever since the Fed’s first QE, has been what is the fair value of stocks without the Fed’s chronic intervention in capital markets via trillions in spontaneously appearing liquidity used to prop up risk assets.

Today, in an attempt to answer this $64 trillion question, SocGen strategists Sophie Huynh and Charles de Boissezon calculate that nearly half of the U.S. benchmark’s current level is due to quantitative easing, while claiming that the impact of QE on the Nasdaq was even higher at 57%, with small cap less affected.

First, some background.

As part of their analysis, the socgen strategists find that the acceleration of the secular trend for bond yields since 2009 has triggered a shift in the causality between equity and bonds.

Specifically, before QE, US equities were more often the driver of US bonds, as investors would add either more or fewer bonds to their portfolios in response to the risk-on/off signals provided by the equity complex. However, this causality has totally changed since QE: US equities have been increasingly driven by US bond yields.

With that in mind, we move on the core of the analysis, namely what is the impact of QE on different equity indices.

SocGen find that for all US equity indices – from large, mid and small caps to the more tech-focused Nasdaq 100 – the US bond yield has played an increasing role in equity returns. Since 2009 until today, bonds have driven the S&P 500 32% of the time (on daily data), S&P 400 Midcaps 38% of the time, the Russell 2000 36% of the time and the Nasdaq 100 25% of the time. “All in all, the causality relationship of bonds driving equities was approximately two times more frequent than in the pre-2009 period”, according to SocGen.

While frequency is one aspect which gives perspective on how the low interest rate environment pushed investors into the equity complex by default, given the more attractive combined yield – dividend and buyback yield – to US government bonds ever-declining coupons, what about the scale of the impact? SocGen tries to quantify the impact of QE on the different US equity indices through the discount rate.

To do that, the bank uses its proprietary Equity Risk Premium framework, applying a dividend discount model to the equity market, and considering the whole market as a company paying a dividend each year. Therefore, the present value of the equity market (as reflected by the index price) is equal to the discounted value of future dividend flows. The first step would be to quantify the impact of QE on the UST 10y bond yield – which we use as the risk-free rate in our framework.

1. Quantifying the impact of QE on UST 10y bond yield

SocGen uses a simple regression to estimate the impact of QE. Since 2009, the cumulative impact of the different waves of QE on UST 10y bond yield was approximately 180bp. In other words, without QE, 10Y Yields would have been around 2.8%, a number which many would claim is unthinkable in the current environment.

2. Quantifying the impact of QE on the different US equity indices

Using the bank’s equity risk premium framework and work on the impact of QE on UST 10y allows it to understand how the different US equity indices have been impacted since 2009: there is a huge dispersion among the equity indices under review: the Nasdaq 100 has been the most impacted – and even more so this year – versus the S&P 600 Small Caps, which has been the least impacted. As of Oct-2020, the Nasdaq 100 price level was 57% explained by QE.

Here are the stunning findings: without QE the Nasdaq 100 should be closer to 5,000 than 11,000, while the S&P 500 should be closer to 1,800 rather than 3,300.

Clearly, large caps have benefited the most from the ever-lower interest rate environment resulting from QE. The sensitivity to bond yield can also be explained by the low payout and higher price-to-book ratios of Nasdaq 100 companies versus peers. Growth companies are overall less focused on dividends, but rather more on share buybacks as a way of neutralizing the impact of restricted share units. Small and mid caps, on a relative basis, given their higher payout and lower price-to-book value ratios, are less sensitive to swings in bond yields.

* * *

Having quantified the past, SocGen next looks at the future, and says that it expects 10-year Treasury yield to reach 1% by year-end and 1.2% by mid-2021 on less Fed intervention, increasing the need for earnings to deliver to justify valuations. For S&P 500 to “weather” a 10-year yield of 1%, expected EPS growth in 2021 would need to be at least 38% vs current expectation of 24%; more ominously, for the Nasdaq 100, a doubling of the 2021 EPS growth would not be sufficient to absorb a UST 10y yield of 1%. In the case of mid and small caps, it would be considerably less. Needless to say, this suggests that if yields do indeed rise even modestly, there will be lots of pain for growth/tech/momentum names.

In conclusion, SocGen warns that the focus on the feedback loop between equities and bonds has already started in the US:

With the UST 10y breaching the 50-80bp range in October and with the US election newsflow, the underperformance of Nasdaq 100 has been quite noticeable.

Meanwhile, the rotation into cyclical sectors, which have lagged the more defensive and growth sectors since the start of the bear market rally combined with a preference for value versus growth, were a reflection of the bond sell-off. The undecided outcome of the US election has triggered an unwinding of these positions for now.

Going forward, SocGen believes that currently causality order will hold and US Treasuries should continue to drive US equities, which is bad news for those who believe a continued rise in yields will not impact stocks: according to SocGen the impact will be very pronounced unless companies succeed in boosting their EPS well beyond current consensus estimates.

This is why, as SocGen ominously warns, “there will be a breaking point where a bond sell-off will impact the highly leveraged corporates which typically benefit from a higher yield environment as being of a shorter duration.” All in all, the bank’s suggestion is to go long S&P 400 MidCaps versus the Nasdaq 100 “as this could offer good leverage on the higher US yield environment, while taking into account the leverage dimension.”

Finally, and aside from SocGen’s analysis which may be off by a few percentage points but is directionally accurate, the fact that Fed, through, QE now holds trillions in equity value hostage is also who Powell and his successors will never again dare to tighten financial conditions as the resulting asset price crash would have catastrophic consequences for both capital markets and US household net worth, which is roughly 70% in the form of stocks, bonds, financial assets, and other non-tangibles.

Trump and the Failed (Bio)War against China

by Claudiu Secara
Published: November 1, 2020

Why do I think Trump’s time is up?
In retrospect, Trump’s main job was to crash China, do it in a way that allowed for full deniability, and be the fall guy in case of failure. As an aside, he also tossed in a few tasty morsels of raw meat to feed the Israeli beast.

His first act as new president was to invite the Chinese president to a private dinner at his tacky mansion in Florida. Like a genuine mafia boss, he outlined for the poor victim the conditions of his surrender. At the same moment, for the cheering home crowd, he threw in a fireworks display of missiles aimed at another sure victim, the hapless President Assad’s Syria. Then he sat back and watched his guest’s facial expression. “Kill a chicken to scare a monkey.”

Apparently, President Xi didn’t quite grasp, yet, the extent of America’s ruthlessness and pure meanness. He made a hand gesture and went home.

It began somewhat innocuously from there.

But then we started to hear about trade issues, that our cheap Chinese imports were in fact far too costly, that our insatiable demand for toys from China was China’s fault. It was China that caused our addiction to continuously increase our trade deficit and our runaway “[im]balance of payments”.

Let’s impose penalties on the wicked Chinese: first, 5% as a warning. If they don’t get the message, let’s increase it to the point where they understand how serious we are: 20%, no, 25%. How about 50%? Why not, since they’re the ones who’re going to be paying it anyway.

Wait a minute. No? they don’t pay the tariffs? It’s us, the US businesses, in fact the consumers, that are paying?

Of course, we can do more to get their attention, like sailing our “beautiful” navy right through the territorial waters they claim. Are they going to dare attack us? No. They’re going to lose face and make fools of themselves for the whole world to see.

No, it didn’t work. In fact, we embarrassed ourselves, again. Again?! Time to bring in our big stick. We’ve had it in store for some years now. That’s the bioweapon.

At this point things get a lot more complicated and even murkier.

The bottom line is that the US has long since passed the point of a Chapter 13 bankruptcy, which is the ability to work with one’s creditors to reschedule payments. Although most Americans didn’t get the memo yet. They are still proud that America is Number 1, Number 2, and Number 3, in Everything. So here is the Trumptards’ plan. The little-advertised Military Olympics are held in the Chinese business hub of Wuhan in October 2019. How convenient to have access through our military sportsmen and women to the very heart of their nation’s business and transportation network, and bio-research center, all in one location, a few meters away from the hotel. A once-in-a-lifetime opportunity. And the stupid Chinese don’t have a clue! Launch the “novel” coronavirus right before their mass migration during the upcoming holidays. And we have total deniability.

Since they know that we know that they were doing their own monkey-business, toying with bat viruses, they are easily to be portrayed as the villains here. We can blame them, and look for even more to gain. How do we know that they are working on gain-of-function research using bat viruses in Wuhan? Because our own Dr. Fauci (who works for Bill Gates, by the way, and the Rockefellers) pays them for such work. Of course, that’s what they think. They don’t exactly know what we are doing research on: we told them that our Congress forbids us to do such research, stupid Congress, and that such research is important. Can you help us?

So now, we spread the deadly virus to China. They will be done, crippled in a matter of months. — They had to shut down their economy to a full stop. We’re laughing that they are incompetent and, at the same time, the enemy of the whole world.

After this is done, now the Trumptards can turn their attention to the US economy and to their allies’ attempts to disengage from being good supporters of the American global multinationals like Google, Amazon, Facebook, Twitter, etc. The Europeans have the audacity to charge them taxes, when our multinationals don’t pay taxes even in their home country, the US? And then, we have to spend money to defend them from the “terrorists,” from the Russians, even from the aggressive Syrians or the Iranians? This has to stop. The Europeans have to pay their fair share to NATO and stop taking our jobs, too.

Finally, let’s get everybody in the US to toe the line, and make some money, all at once. Launch a second wave of coronavirus in the West. Not the same one as in China but a much, much milder form of the seasonal flu  — and then the media can make it seem just as deadly like the strain we launched in China.

All that being done, we can wipe out our debt to China by holding them accountable for the world pandemic; now we can reset our national debt, send our troops to different hot spots like Venezuela to steal their oil, to the perennial Middle East mess: we can bring our missiles closer and closer to Russia; and implement assorted long overdue policies to reassert our control.

Control. Control everything. Control our folks; control the world’s energy resources; cyber control: control outer space; control the healthcare, or rather the sick-making industry, across the board; control the minds and souls.

And here we are. It doesn’t seem to have worked. None of the plan. The US is left in a far weaker position. The US has lost credibility. It lost its economic edge even further. The military is a joke. The notion of American democracy, freedom, free speech, free markets, free everything, is compromised.

The Trumptards can only claim that, in opposition to international laws and the world community, they supported a racist, xenophobic land grab by the Israelis under Netanyahu, who has been rejected by his own people at home and indicted by his own courts.

The Trumptards’ plan didn’t work. China is stronger than ever and the US is weaker and weaker by the day. Every hour that passes and we don’t reverse this trend brings us closer and closer to the end of the road for the US.

The power  elites  need a different plan and that’s why I think Trump’s time is up.

By the same author, see also:

Test… Test… Test… — No, It’s About Collecting Your DNA!

Vaccines for the Useless Eaters

Why the Crash of the US is Mathematically Inevitable

Just When is the US Going to Collapse?

The Specter of a Chinese Future

Trump and the Failed (Bio)War against China

Is there a Strategy in the US’ BLM craze?

 

China Reportedly Sends ‘The World’s First 6G Test Satellite’ Into Orbit

by Aleksandra Serebriakova via Sputnik

While quarrels over China’s fifth-generation telephony equipment persist around the world, the country has already ramped up research into the study and development of 6G networks.

China sent “the world’s first 6G test satellite” into the orbit with a launch of Long March 6 carrier rocket on Friday, according to a message from the University of Electronic Science and Technology, cited by local media.

The experimental satellite, which now bears the name “University of Electronic Science and Technology”, is said to be a joint venture between the country’s key educational establishment and National Star Aerospace.

It was one of 13 satellites sent into space on the day from the Taiyuan Satellite Launch Centre, located in Shanxi province.

The satellite, which carries a communication payload, will establish a transceiver link to carry out terahertz load tests. The 70-kilogram satellite will thus become “the first technical verification of terahertz communication” tested in space setting, according to Professor Xu Yangsheng from Electronic Science and Technology University.

The university’s message reportedly reveals that the satellite will also have some other functions, including remote observations and natural disaster monitoring, while still carrying out tests.

Terahertz communication, one of the key technologies in the development of sixth-generation networks, is said to have an advantage over other alternatives, including a high transmission rate and “important application prospects in the field of terrestrial and space communication”.

6G networks are predicted to become 10 times faster than the fifth-generation networks, as the world continues to battle China’s superfast tech over security fears.

In May, China Unicom and national telecom equipment producer ZTE agreed to jointly research and develop the 6G network, predicting that the next-generation tech era will start in 2030.

VT Nuclear Education: Russian Leak on 9/11 and US – Israel Nuclear Proliferation

by Gordon Duff, Veterans Today, Senior Editor

The report below is taken from an intelligence dump by Russian sources. As the origin is from an intelligence agency in the form of a “leak,” there are always questions. Thus far, we have found not only is the majority of the material confirmed but several solutions to serious problems involving 9/11 are included.

I have redacted little here. However, this arrived with vast supporting documentation which can, in the future, be uploaded on SCRIBD for access. One key area is that the US had supplied Israel with surplus nuclear weapons. [Editor’s note: We are advised that some of the documentation can never be uploaded or distributed for reasons that will be obvious.]

We have a very solid confirmation on this. Back during the 1980s, Israel showed her inventory of Davy Crockett tactical nuclear warheads to one of our editors, who at the time was a senior NATO intelligence official. These early “micro-nukes” were taken out of US inventory in 1978 and “disappeared.”

Nuclear "Test"Nuclear “Test”

This highly classified report is being published unaltered except for bad machine translation errors being repaired. My personal opinion is that this is NOT a disinformation piece but rather represents a significant breakthrough. I believe that this is a rare glimpse behind the curtain.

I am publishing this for the use of those qualified to understand how little of this is really new. Those things that are new are groundbreaking. For those who find this all a bit over their heads, there is little I can do other than to let you know that this is the world “your elders” really live in and that you finally have a chance to look in mom and dad’s top dresser drawer.

https://www.veteranstodayarchives.com/wp-content/uploads/2014/05/DavyCrockettBomb-e1400638021965.jpg

The Dave Crockett

Too Classified to Publish

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W48 – 155mm

According to a retired FXX agent specializing in Israeli counter intel: The type of nuclear devices used on 911 were a modified version of the W-54 nuclear artillery shells that were covertly provided to the Israelis between 1988 and 1998 from US surplus stockpiles illegally exported during the Bush/Clinton era.

Chemical analysis done by DOE Sandia was able to identify the chemical/radiation footprint or fingerprint of the warheads based on samples taken after 911 of the fallout at ground zero. (Editor’s note: Nuclear weapon use at ground zero is confirmed from multiple sources)

All plutonium based warheads have a chemical fingerprint that can identify the type of design and where the PU was made and how old it is. This was the 911 blackmail on Bush 1 and 2, the illegal transfer of surplus US nuclear weapons to the Israelis and why the continued cover up, along with the stolen gold and stock fraud that was going on Wall Street etc. According to file ENW57.pdf on page 66. (Editor’s note: Document received and confirmed)

Only a 2 kiloton device was needed to drop the buildings. A 2 kiloton device will produce a fireball of apx 150 to 200 feet in diameter at over 4000 degrees Centigrade. Just large enough to melt the I beams of the central core of the building and drop them in place. The light flash would last less than 1 second and primarily be in the UV light range. Overpressure would only be at 60PSI max and directed upwards with the blast. See underground effect.

Fallout would be minimal and located to within ground zero range only. Radiation would drop to acceptable levels within 72 hrs. after the blast. Most fall out was trapped in the cement dust thus causing all of the recent cancer deaths that we are now seeing in NYC amongst first responders. (Editor’s note: Consistent with site data)

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High FluxIsotope Reactor Core – Cross Section

Melted steel and iron oxide or “nano thermite” is a byproduct of the very high gamma ray / Neutron flux induced into the central steel core. The radiation dissolves the steel into iron oxide consuming the carbon and silicone in the steel.

This explains the missing steel columns and the very important clue of the “vaporized’ 20 ton antenna tower atop the south tower. The upward blast of radiation literally vaporized it. Video evidence proves this to be true. (Editor’s note: Tower issue a vital one.)

The total XXOO data file from DOE Sandia on the 911 event is well over 72 MB. P.S. Snowden didn’t have a Q clearance so he missed this one. Carnaberry had a pretty good stash of documents on the subject. (All under the transit stuff.) The entire nuclear nonproliferation story of stolen nuclear material coming from Russia was an Israeli cover story to hide the original source of weapons material coming from the US stock piles. (Editor’s note: Fully confirmed)

Illegal distribution of US nuclear material to foreign allies was not limited to Israel. Virtually all NATO allies were in on this scam too. Dick Cheney was the bad guy on this one. Bush2/Cheney traded nuclear pits to foreign country as IOU’s in order to get what they wanted. Tom Countryman a well-known Israeli operative is curiously now in charge of N.N.P. at the State Department under Obama.(?) He was put there by Ram Emanuel.

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Early Israeli core model – Vannunu photo

It appears that the weapon of choice for the Israelis were the W-54 and follow on series of nuclear pits taken from the Amarillo TX storage dump. This was what Carnaberry was working on for Bush senior in Houston.

A total of over 350 pits were transferred to the Israelis over a 10 to 20 year period of time. The W-54 type of pit design were the most desirable due to the 2 point implosion pit design. This is the easiest to re manufacture and modify as compared to other circular pit designs.

The pill shaped design of the W-54 type weapon contains over 1.5 times more plutonium than a standard pit. This would allow enough Plutonium to be recovered that was still of weapons grade use even after 32 plus years of age. Americium build up in the pit over time eventually makes the Pit unusable as a weapon so they have a limited shelf life based on how fast or slow the Plutonium was produce in the reactor at Stanford.

Usually it was about 150 days max. Irradiation time in the reactor during production determines the shelf life of the pit as weapons grade material. All of the micro nukes used by the Israelis are re-manufactured W-54 type series devices.

These devices were used in the Bali bombing and the London bombing and in Japan on their reactors. (Editor’s note: Nuclear weapon use in Bali confirmed) Also used in Damascus, Iraq and Afghanistan by the US. (Editor’s note: Multiple confirmation including site samples.)

These are stored in most Israelite embassies for ease of deployment. The one’s used on 911 were kept at the Israeli consulate in NYC until put in place. After 911 the FBI now checks all diplomatic pouches with a Geiger counter before entering or leaving the US. The South African weapons were also surplus W-54 artillery shells acquired from Israeli and final assembly and testing was done in South Africa with Israel assistance. (Editor’s note: This explains Pelendaba production issues.)

This was done because the Israelis needed a testing ground in order to make sure that there rebuilt weapons would work as designed. (Editor’s note: Testing on Sept. 22, 1979 multiple confirmations.) The North Korean weapons are also of the 155 mm artillery design as provided by Israel.

The true North Korean nuclear weapons program is based on nuclear artillery use and not missiles. The plan is to use a massive artillery barge on South Korea if war breaks out this include the use of small nuclear artillery shells to counter US tanks rockets and artillery.

The Saudi’s also have a stash of W-54’s acquired from the US under Bush2. (Editor’s note: Confirmed) The Israelis have also provided them to India, Brazil, China, Taiwan, Japan, North and South Korea etc. (Editor’s note: All but South Korea confirmed. Canada had been believed to be the source of Brazilian nuclear weapons.) Dimona is a standard 75 megawatt thermal open top reactor as used in France for their plutonium weapons production program, their version of Stanford (Editor’s note: Probably “Hanford”).

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Dimona – Israel

Due to over use as a fast breeder reactor by the Israelis, Dimona suffered a “steam explosion” IE a flash over indecent (ed: ‘incident’) due to neutron criticality back in the late 1980’s under Bush 1. This shut down its operation for many years until repairs could be made.

It now only operates at very low power levels due to neutron absorption damage to the containment vessel. Now mainly use for isotope production. This forced the Israelis to turn to stolen nuclear stock piles from the US for the continuation of their nuclear program.
The Israelis knowing that the nuclear material that they had acquire only had a limited shelf life left before it was no longer usable as weapons grade then tried to dump it on the surplus market as fast as possible before it was of no use to them. So they dumped it on unsuspecting nations who would only sit on it and not be able to test it. These were the fizzle tests in North Korea. (Editor’s note: Confirmed, multiple sources)

When everybody caught on to the scam such as Japan and Korea. (IE the Korean sub sinkings etc) they were angry because they paid big bucks for junk. This started a mini cold war with Israel and her old clients. However with micro nukes even as the plutonium ages it will still fissile producing a smaller size detonation well under 2 kiloton in size.

So they can still be used as small dirty bombs or as very small tactical nukes such as the nuclear artillery strikes on Damascus with rocket assisted W-54’s. (Editor’s note: Confirmed strike, May 4, 2013) On the W-54 pit design it is pill shaped and it is only about 4 inches in diameter and weighs about 24 pounds.

Most of the fuel is consumed in the plasma fire ball when detonated so there is very little plutonium fallout left to escape. If it is salted with other materials the fallout can be even reduced to lower levels such as in an enhanced radiation device or the so called neutron bomb. This is what was used on 911.

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Falling man – 911

The primary purpose of the nuclear weapon used on 911 was to produce a massive Gama ray / neutron flux that would vaporize about 150 to 300 feet of 6 inch thick steal I beams that constituted the central core of the WTC buildings. This created a free fall event as seen on TV that day. (Editor’s note: Critical information here.)

The flash would be hidden from sight due to the underground detonation. Most of the light was in the non-visible light spectrum any way. Over pressure would be reduced to 6 psi due to the blast traveling up the central core and neutron radiation vaporizing the TV antenna at the top of the building as see on TV.

The fallout would be mainly vaporized concrete cement and iron oxide. This is why after 911 they told everyone on TV that the beta radiation burns that people were getting were due to the caustic cement dust and not due to the radiation effects from the radioactive cement fallout. (Editor’s note: Fully confirmed)

The iron oxide found all over the place was what was left of the steel I beams. This was the so called Nano Thermite that was found everywhere. Fallout was limited to a 1 mile area around down town NYC. See charts. (Editor’s note: Received)

Radiation decay was reduced to safe low levels after 72 hrs., (Editor’s note: Fully confirmed) outside of ground zero its self. This is why the area was blocked off from the public for 3 days after the event, in order to let the radiation drop to safe levels.

We Are Pawns In A Bigger Game Than We Realize

Authored by Chris Martenson via PeakProsperity.com,

“I had grasped the significance of the silence of the dog, for one true inference invariably suggests others…. Obviously the midnight visitor was someone whom the dog knew well.”

~ Sherlock Holmes – The Adventures of Silver Blaze

Is it possible to make sense out of nonsense?

So much these days is an incoherent mess. It’s complete nonsense.

Page 1 excitedly beams about a glorious rebound in GDP. Yay economic growth!

Page 2 worryingly notes the near complete failure of Siberian arctic ice to reform during October and that hurricane Zeta (so many storms this year we’re now into the Greek alphabet!) has made punishing landfall.

Each is a narrative. Each has its own inner logic.

But they simply do not have any external coherence to each other. It’s nonsensical to be excited about rising economic growth while also concerned that each new unit of growth takes the planet further past a critical red line.

These narratives are incompatible. So which one should we pick?

Well, in the end, reality always has the final say. As Guy McPherson states: Nature bats last.

So better we choose to follow the narrative that hews closest to what reality actually is, vs what we desperately want it to be.

‘They’ Don’t Care About Us

While issues like climate change and economic growth may be difficult to fully grasp and unravel, direct threats to our lives &/or livelihoods are much more concrete and something we can react to and resist.

Such immediate and direct threats are now fully in play and, once again, they’re accompanied by narratives that are completely at odds with each other. I’m speaking of Covid and the ways in which our national and global managers are choosing to respond (or not).

It’s a truly incoherent mess about which both social media and the increasingly irrelevant media are working quite hard to misinform us.

The mainstream narrative about Covid-19, in the West, is this:

  • It’s a quite deadly and novel disease
  • There are no effective treatments
  • Sadly, no double-blind placebo controlled trials exist to support some of the wild claims out there about various off-patent, cheap and widely available supplements and drugs
  • Health authorities care about saving lives
  • They care so much, in fact, that along with politicians they’ve decided to entirely shut down economies
  • There’s a huge second wave rampaging across the US and Europe and there’s nothing we can do to limit it except shut down businesses and people’s ability to travel and gather
  • You need to fear this virus and its associated disease
  • All we can do is wait for a vaccine

The alternative narrative, one that I’ve uncovered after 9 months of almost daily research and reporting, is this:

  • It’s not an especially dangerous disease and it’s certainly not novel
  • There is a huge assortment of very effective, cheap and widely-available preventatives and treatments including (but not limited to)
    • Vitamin D
    • Ivermectin
    • Hydroxychloroquine
    • Zinc
    • Selenium
    • Famotidine (Pepcid)
    • Melatonin
  • Use of a combination of these mostly OTC supplements could reasonably be expected to drop the severity of illness and the already low mortality rate by 90% or (probably) more
  • Western health authorities have shown either zero interest in the results of studies mainly conducted in poorer nations on these combination therapies or…
  • They have actively run studies designed to fail so that these cheap, effective therapies could be dismissed or…
  • Set up proper studies but which started late, have immensely long study periods and most likely won’t be done before a vaccine is hastily rushed through development.

By the way – every single one of my assertions and claims is backed by links and supporting documentation from scientific and clinical trials and studies. I am not conjecturing here; I am recounting the summary of ten months’ worth of inquiry.

The conclusion I draw from my narrative (vs. theirs) is that we can no longer assume that the public health or saving lives has anything to do with explaining or understanding the actions of these health “managers” (I cannot bring myself to use the word authorities).

After we eliminate the impossible – which is that somehow these massive, well-funded bodies have missed month after month of accumulating evidence in support of ivermectin, hydroxychloroquine, vitamin D, NAC, zinc, selenium and doxycycline/azithromycin – what remains must be the truth.

As improbable as it seems, the only conclusion we’re left with is that the machinery of politics, money and corporate psychopathy is suppressing life saving treatments because these managers have other priorities besides public health and saving lives.

This is a terribly difficult conclusion, because it means suspending so much that we hold dear. Things like the notion that people are basically good. The idea that the government generally means well. The thought that somehow when the chips are down and a crisis is afoot, good will emerge and triumph over evil.

I’m sorry to say, the exact opposite of all of that has emerged as true.

Medical doctors in the UK NHS system purposely used toxic doses of hydroxychloroquine far too late in the disease cycle to be of any help simply to ‘make a point’ about hydroxychloroquine. They rather desperately wanted that drug to fail, so they made it fail.

After deliberately setting their trial up for failure, they concluded: “Hydroxychloroquine doesn’t help, and it even makes things worse.”

Note that in order to be able to make this claim, they had to be willing to cause harm — even to let people die. What kind of health official does that?

Not one who actually has compassion, a heart, or functioning level of sympathy. It’s an awful conclusion but it’s what remains after we eliminate the impossible.

Getting Past The Emotional Toll

Science has proven that cheap, safe and significantly protective compounds exist to limit both Covid-related death and disease severity.

Yet all of the main so-called health authorities in the major western countries are nearly completely ignoring, if not outright banning, these safe, cheap and effective compounds.

This is crazy-making for independent observers like me (and you) because the data is so clear. It’s irrefutable at this point. These medicines and treatments not only work, but work really, really well.

However most people will be unable to absorb the data, let alone move beyond it to wrestle with the implications. Why? Because such data is belief-shattering. Absorbing this information is not an intellectual process; it’s an emotional one.

I don’t know why human nature decided to invest so much in developing a tight wall around the belief systems that control our actions and thoughts. But it has.

I’m sure there was some powerful evolutionary advantage. One that’s now being hijacked daily by social media AI programs to nudge us in desired directions. One that’s being leveraged by shabby politicians, hucksters, fake gurus, and con men to steer advantage away from the populace and towards themselves.

The neural wiring of beliefs is what it is. We have to recognize that and move on.

Some people will be much faster in their adjustment process than others. (Notably, the Peak Prosperity tribe is populated with many fast-adjusters, which is unsurprising given the topics we cover…tough topics tend to attract fast adjusters and repel the rest)

To move past the deeply troubling information laid out before us requires us to be willing to endure a bit of turbulence. It’s the only way.

For you to navigate these troubling times safely and successfully, you’ll need to see as clearly as possible the true nature of the game actually being played. To see what the rules really are – not what you’ve been told they are, or what you wish or hope they are.

The Manipulation Underway

The data above strongly supports the conclusion that our national health managers don’t actually care about public health generally or your health specifically.

If indeed true, then the beliefs preventing most people from accepting this likely include:

  • Wanting to believe that people are good (a biggie for most people)
  • Trust and faith in the medical system (really big)
  • Faith in authority (ginormous)

There are many other operative belief systems I could also list. But this is sufficient to get the ball rolling.

Picking just one, how hard would it be for someone to let go of, say, trust in the medical system?

That would be pretty hard in most cases.

First not trusting the medical system might mean having to wonder if a loved one might have died unnecessarily while being treated. Or realizing that you’re now going to have to research the living daylights out of every medical decision before agreeing to it. Or worrying that your medications might be more harmful to you over the long haul than helpful (which is true in many more cases than most appreciate). It might mean having your personal heroes dinged by suspicion — perhaps even your father or mother who worked in the medical profession. It would definitely require a complete reorientation away from being able to trust anything you read in a newspaper, or see on TV, about new pharmaceutical “breakthroughs”.

Trust, which is safe and warm and comforting, then turns into skepticism; which is lonelier and insists upon active mental involvement.

But, as always, hard work comes with benefits — with a healthy level of skepticism and involvement, the families of those recruited into the deadly UK RECOVERY trial could have looked at the proposed doses of HCQ (2,400 mg on day one! Toxic!) and said, “Not now, not ever!” and maybe have saved the life of their loved one.

Look at that tangled mess of undesirables that comes with unpacking that one belief: regret, uncertainty, shame, doubt, fallen idols, and vastly more additional effort. Are all up for grabs when we decide to look carefully at the actions of our national health managers during Covid.

Which is why most people simply choose not to look. It’s too hard.

I get it. I have a lot of compassion for why people choose not to go down that path. It can get unpleasant in a hurry.

But, just like choosing to ignore a nagging chest pain, turning away in denial has its own consequences.

The Coming ‘Great Reset’

My coverage of SARS-CoV-2 (the virus) and Covid-19 (the associated disease) has led me to uncover some things that have made me deeply uncomfortable about our global and national ‘managers’. Shameful things, really. Scary things in their implications for what we might reasonably expect (or not expect, more accurately) from the future.

Once we get past the shock of seeing just how patently corrupt they’ve been, we have to ask both What’s next? and What should I do?

After all, you live in a system whose managers either are too dumb to understand the Vitamin D data (very unlikely) or have decided that they’d rather not promote it to the general populace for some reason. It’s a ridiculously safe vitamin with almost zero downside and virtually unlimited upside.

Either they’re colossally dumb, or this is a calculated decision. They’re not dumb. So we have to ask: What’s the calculation being performed here? It’s not public safety. It’s not your personal health. So… What is it?

This is our line of questioning and observation. It’s like the short story by Arthur Conan Doyle in Silver Blaze that many of us informally know as “the case of the dog that didn’t bark”. As the story goes, because of a missing clue – a dog who remained silent as a murder was committed – this conclusion could be drawn: the dog was already familiar with the killer!

The silence around Vitamin D alone is extremely telling. It is the pharmacological dog that did not bark.

One true inference suggests others. Here, too, we can deduce from the near total silence around Vitamin D that the health managers would prefer not to talk about it. They don’t want people to know. That much is painfully clear.

Such lack of promotion (let alone appropriate study) of safe, effective treatments is a thread that, if tugged, can unravel the whole rug. The silence tells us everything we need to know.

Do they want people to suffer and die? I don’t know. My belief systems certainly hope not. Perhaps the death and suffering are merely collateral damage as they pursue a different goal — money, power, politics? Simply the depressing result of a contentious election year? More than that?

We’ve now reached the jumping off point where we may well find out just how far down the rabbit hole goes.

A massive grab for tighter control over the global populace is now being fast-tracked at the highest levels.Have you heard of the Great Reset yet?

If not, you soon will.

In Part 2: The Coming ‘Great Reset’ we lay out everything we know so far about the multinational proposal to transform nearly every aspect of global industry, commerce, trade, and social structure.

If you read on, be ready and willing to let go of cherished beliefs and to suspend what you know to be true. Because none of us has that in hand. It’s going to be a wild ride from here.

Something very big is afoot and I suspect that Covid-19 is merely an excuse providing cover for a much bigger power grab over the world’s wealth and peoples.

Click here to read Part 2 of this report (free executive summary, enrollment required for full access).

Will Next WTO Head Impose a Gates and Davos Agenda?

by F. William Engdahl

WTO342

 

It is all but certain that the next head of the influential World Trade Organization (WTO) will be an African by birth and a woman. But neither is what makes the all-but certain naming of Nigerian-born Ngozi Okonjo-Iweala cause for alarm. Rather it is who she is and who she presently is tied to that insure she will implement the unfolding agenda of the Great Reset transformation of the world economy, using the coronavirus pandemic as a prime lever. She presently heads an organization created by the seeming omnipresent (not omniscient) Bill Gates together with the Davos World Economic Forum—both involved in implementing the Great Reset–and she is deeply tied to the prime institutions of globalization and international finance. Some background we should know about. 

Ngozi Okonjo-Iweala has just won the unanimous support of the 55 nations of the African Union, defeating an Egyptian candidate. As of this writing she faces certain approval over her South Korean opponent. On October 17, the 55 member countries of the African Union voted to back Okonjo-Iweala against her only remaining opponent, Yoo Myung-hee of South Korea, their current Minister of Trade. The Nigerian candidate claims also to have the backing of a group of Caribbean and Pacific states, bringing the number of countries officially endorsing her candidacy to 79 out of the 164 states that comprise the WTO. It looks like a done deal.

Who is Okonjo-Iweala?

Ngozi Okonjo-Iweala comes from senior ministerial posts in Nigeria, one of the world’s most corrupt states with a 2019 Transparency International index of 146 from 180 states evaluated. Notably, she was Finance Minister in the Nigerian government twice, first under President Olusegun Obasanjo from 2003–2006. Then again, from 2011–2015 under President Goodluck Jonathan when she was named Minister of Finance and Coordinating Minister for the Economy. Though she was never charged with corruption, in 2015 almost $20 billion was discovered “lost” after an audit by PriceWaterhouseCoopers of state oil revenues. She also convinced Goodluck Jonathan to lift gasoline subsidies in 2012 triggering massive street protests as many Nigerians see cheap gasoline as the only benefit they get from the country’s vast oil wealth. Cutting such subsidies is standard World Bank fare. 

As Finance Minister she backed the usual IMF/World Bank demands for slashing state subsidies for gasoline and privatization of electricity. It was no surprise, as Okonjo-Iweala was with the World Bank in Washington for 25 years. After Obasanjo terminated her first stint as Finance Minister, she returned to the World Bank to become Managing Director of Operations from 2007–2011. Several times she made clear her ambition to become head of the World Bank, a post traditionally filled by an American Citizen. Indeed, she went so far as to take American citizenship in 2019 when the World Bank post again became vacant, but to no avail. 

The World Bank is one of the pivotal UN-based instruments for advancing the globalist corporatist economic agenda, along with the IMF. Like the IMF the World Bank uses its money as a carrot to impose draconian conditionalities on recipient governments in developing countries. This is called the “Washington Consensus” and imposes an unsuitable “free market” agenda that inevitably includes demands to slash state budgets, cut state subsidies to food and fuel, make the currency convertible and cheap, and eliminate protectionist barriers. The Structural Adjustment Programs of the World Bank and IMF in West Africa led countries to prioritize debt payments over investment in public services including in education, infrastructure or basic health services. In short, it is a brutal form of what has been called technocratic neo-colonialism, far more sinister than the British or French or Belgians ever managed because they use Africans or other developing country technocrat “faces” to impose the draconian austerity that forces countries to open to foreign plunder, typically by the western corporate giants. 

GAVI and Gates

Okonjo-Iweala left the corrupt government of President Goodluck Jonathan in 2015 to become Chairman of GAVI-The Vaccine Alliance, where she sits until today. GAVI stands for Global Alliance for Vaccines and Immunization. It was founded in 2000 with an initial $750 million grant from the Bill & Melinda Gates Foundation. Gates was joined by the World Bank and GAVI was all agreed at the Davos World Economic Forum, the globalist hub at the center of the Great Reset. GAVI claims to have spent more than $4 billion on vaccines. Its main target is vaccinating every child in Africa, India and the developing world. GAVI declares on its website, “As part of its mission to save lives, reduce poverty and protect the world against the threat of epidemics, Gavi has helped vaccinate more than 822 million children in the world’s poorest countries.” 

The Board of GAVI includes, in addition to Chairman Okonjo-Iweala, one of the world’s largest vaccine makers, GSK, as well as the Gates Foundation, World Bank, WHO and UNICEF. Under the chairmanship of Okonjo-Iweala, GAVI has been involved in the scandalous spread of polio in Africa as a result of their polio vaccine strategy. As well also in India GAVI and the Gates Foundation were sued in Indian High Courts for “criminally negligent trialling the vaccines on a vulnerable, uneducated and under-informed population– school administrators, students and their parents– who were not provided informed consent or advised of potential adverse effects or required to be monitored post-vaccination.” A number of vaccinated Indian girls died after receiving HPV vaccines from GSK, a board member of GAVI.

Most recently, under Okonjo-Iweala’s term as Chairman of GAVI, cases of paralytic polio resulted in African and Indian children who had been vaccinated by GAVI and Gates Foundation Oral Polio Vaccine programs. GAVI and Gates did so despite the fact they knew that the OPV had been dropped by the US CDC in 1992 from its vaccine schedule in the US because it was causing polio. Under the GAVI-Gates polio vaccination program polio cases have been registered in more than a dozen African countries including Angola, Congo, Nigeria and Zambia and Okono-Iweala’s Nigeria. But the shocking thing is that the outbreaks are all reportedly caused by the Gates-backed oral polio vaccine. GAVI and Gates engage in a colossally corrupt and even criminal enterprise in which the tax exempt Gates Foundation invests in vaccine companies like GSK and others that then sell their vaccines to huge new markets such as Africa and India. As stock prices in GSK rise as a result of rising sales of vaccines, Gates Foundation net worth rises too. “Charity” for profit is the model. 

In short Okonjo-Iweala’s role as head of the corrupt GAVI as well as World Bank and Nigerian Finance Ministry make her a superb candidate to head the globalist World Trade Organization. Looking further into her ties adds to that picture. 

Revealing Board Ties

While taking the position as Chairman of GAVI Okonjo-Iweala also became “Senior Advisor” to Lazard Ltd., a US investment bank which claims to be the world’s largest independent investment bank, with principal executive offices in New York City, Paris and London. The current Lazard board includes among others Richard Haass, head of the New York Council on Foreign Relations. Lazard chairman Kenneth Jacobs sits on the Steering Committee of the Bilderberg Group. Then in 2018, while still advising Lazard and heading Gates’ GAVI, she joined the board of Jack Dorsey’s Twitter, infamous these days for massive political censorship.

She also took a position in 2018 on the Board of the major international bank Standard Chartered, whose major shareholder is the government sovereign wealth fund of Singapore, and whose banking operations are in Asia, Africa and the Middle East. In 2012 the New York Department of Financial Services accused Standard Chartered of hiding $250 billion (!) in transactions involving Iran, labelling it a “rogue institution.” The bank has been involved in money laundering US sanctions-violations also involving Myanmar, Libya and Sudan and Hong Kong, where it has major business with China. The Nigerian WTO candidate is well-connected to the world of global finance powers that be, in short.

The former Nigerian Finance Minister and World Bank official is also well-versed in the globalist dystopian UN Agenda 2030 backed by the Davos WEF and Gates. She is co-chair of the Global Commission on the Economy and Climate which calls for “bold climate action,” alongside the head of the IMF, and former head of the agribusiness giant Unilever among others. She also served on the UN Secretary General’s High-Level Panel on the Post-2015 Development Agenda, the infamous “sustainable development” agenda. And she is listed as an “Agenda Contributor” to the Davos World Economic Forum.

The WTO Agenda 

If she is elected which seems all but a done deal, she will head one of the central globalist institutions. The WTO was created in 1995 to advance the Davos agenda of globalization, arguably one of the most economically destructive agendas in history. WTO rules on agriculture trade were drafted by the agribusiness cartel companies led by Cargill to force open agriculture markets in the developing countries to agribusiness products from the global food cartel companies. Rather than eliminate food subsidies in the North American and EU producer countries, subsidies of over 40% on key products have allowed giant agribusiness companies like Unilever to flood local markets in Africa and Asia which bankrupt local small producers, forcing them to flood into urban centers for cheap labor. As one analyst put it, reforms demanded by the WTO have destroyed guaranteed prices and state-sponsored extension services, and governments of the Global South have had to dismantle programs for food security and rural assistance in favor of those that would help them meet WTO mandates. 

With her ties to Bill Gates, to the World Bank, the Word Economic Forum, to international finance and even Twitter, Ngozi Okonjo-Iweala is well-suited to supervise the planned imposition of the totalitarian agenda of the Gates-WEF Great Reset. That she will owe her election to WTO to the backing of African and other developing country governments is a bitter commentary on the cynical manipulations of the Powers That Be in today’s world.

F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”. 

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