As I write this, the world’s stock markets, after some spectacular losses, seem to have found some respite. Where the markets will be by the time this article is published is anybody’s guess. Stimulus so far doesn’t seem to have worked, but there is much, much more on the way.
Today we’ll look at things that are mostly unreported in the mainstream media and perhaps could be regarded as speculative, but I’ve heard too many whispers from different sources.
Let’s start with this from the Telegraph:
“Chancellor unleashes £350bn bailout to rescue UK economy from coronavirus crisis”.
The US, Germany, Britain, nearly all Western countries are promising to throw the kitchen sink at markets in an attempt to bring stability.
Never mind that this is an ongoing disaster that has been well over a decade in the making; money printing having created markets that are totally divorced from fundamentals. While we’ve been told that the economy is booming, the Baltic shipping index has been plummeting, there has been a retail apocalypse starting in the US and gradually spreading worldwide. As for asset bubbles, well, I don’t think I need to elaborate.
This from James Delingpole in Breitbart:
“Delingpole: Coronavirus is Going to Make Big Government Even Bigger”.
Dellingpole talks about the calls for ever-expanding government intervention in markets, and there is an endless list of excuses touted as reasons for them to do so – but it gets more sinister. This is something that you’ll hardly hear mentioned in the mainstream media but is being discussed in the background.
From Casey Research but reported elsewhere:
“The Federal Reserve May Start Buying Stocks”.
Apparently, the Federal Reserve is in negotiations with Congress to be allowed to buy stocks and equities directly, something that until now they have not been allowed to do. The Federal Reserve has since 2008 intervened in markets by buying junk bonds and debt, printing money to prop up banks, etc., all adding to the national debt and ultimately at the expense of taxpayers.
At the moment, there are calls to bail out holiday companies, airlines, and whole swathes of industries that are being decimated by a slowdown that is being blamed on coronavirus. If the Federal Reserve can buy stocks directly, this amounts to a stealth nationalisation of large parts of the US industry and who knows which other countries will follow suit.
The money we’ve seen being printed by most Western countries since the 2008 financial crisis could be about to pale into insignificance compared to what is coming. Governments could be about to get a lot bigger and all at a time when their populations are in lockdown because of a virus.
Now we come to the bit that had me very surprised, something that is only just beginning to be mooted by the alternative media. Here’s a video by Gregory Mannarino:
“THE MOST IMPORTANT BLOG I HAVE EVER DONE. Mannarino”
Gregory Mannarino rants and raves; he may not be to everybody’s taste, but this, although it’s highly speculative, I am giving it serious consideration.
What Mannarino is suggesting – and I recommend that you have a look, although it is half an hour long – is that the US lead by Donald Trump is about to form an alliance with Russia. This shocked me because, for years, I’ve been wondering about the axis that seemed to be developing between Russia, China, Iran, and other countries that are leading a movement away from the US dollar, something that threatened the dollar’s reserve status.
China, although it would never admit it and it is rarely reported, is in a world of economic trouble; perhaps Putin has decided that Russia’s future lies in a different direction. This would also help to explain the fanatical rantings and ravings by the US Left and the likes of Obama and Clinton, their endless demonisation of Russian, and attempts to start a war … views also shared by the European Union.
Donald Trump perhaps knows that he can’t win a trade war with China without partnering with another resource-rich country. The implication for Great Britain is enormous: are we going to remain with the EU and the status quo, or do we join what would be a new world order?
You can understand if there is any truth to my speculation, why the European Union and the Remainers in our government have put up such a hard fight over Brexit: there are massive strategic implications. This is an alignment between what will be two massive opposing forces if it goes wrong; this is what world wars are made of.
I apologise for the speculative nature of this article, but it has been apparent to me for some time that there is a hidden game being played here, trying to understand it is a case of joining the dots. I may be wrong, but alarm bells are ringing.
In the coming months, as this coronavirus scenario plays out and our bankrupt economies go through their gyrations, things could be about to change. In the next few weeks and months, we may be about to enter a different world.
Donald Trump has always had something up his sleeve; whatever it is, we’d better hope he gets it right. Trump will either go down as the greatest US president in history or as the man that started World War Three.
I’m posting another video here by Gregory Mannarino because after looking at what is going on I agree with him. Trump has awarded himself wartime powers to commandeer businesses and the federal reserve is using unlimited funds in the trillions of dollars to buy corporate debt and soon equities: this amounts to nationalisation, a merger between government and corporate America. In other words: ‘National Socialism’
or something similar.
The Federal Reserve is feeding massive amounts of money to central banks around the world, as the various world economies are destroyed by coronavirus, they will do the same as the US: National Socialism will sweep the world.
The reset just happened, the globalists just won and there isn’t much we can do about it, Mannarino explains it better than I can even though he does rant and rave a bit, I suggest you have a look.
Let us hope that this isn’t the return of the Nazis.
“The New America Welcomes You! DID YOU MISS THE RESET? By Gregory Mannarino”
https://youtu.be/rjuOAuQ-uuM
The silence of Project Fear Remoaners as Ceri reminds us, is to me indicative of the direction things are going.
We have no power except our vote on Election Day and our collective voice which can be easily manipulated by the establishment.
One can only hope we do not lose all our freedoms. If the Chinese Communist Party were to continue unchallenged that is exactly what would happen, eventually.
One of Trump’s tactics is to bring things to a head and allow a head on confrontation. This is exactly what is needed. The deciding factor may well be the sometimes forgotten Chinese people. With this latest virus the economic shock to China and the start of CCP exposure the Chinese will do what the rest of the world cannot do by insurrection from within.
Meanwhile the left wing globalists will be left to eat humble pie. In my opinion this pandemic will be very cleverly utilised by TPTB or it will produce results they probably will not like. Either way the globalists have a tiger by the tail and by that I mean the big corporations who have irresponsibly got into bed with the CCP. Just a thought.
Kim. “One can only hope we do not lose all our freedoms.” Its not looking hopeful : https://hitchensblog.mailonsunday.co.uk/2020/03/mother-of-parliaments-or-smotherer-of-parliaments-contact-your-mp-now-there-must-be-a-vote-on-tis-bi.html
Donald Trump has just invoked the Defense Production Act, see here:
https://www.fema.gov/defense-production-act-overview
A more detailed explanation here:
“AP Explains: What Exactly Is the Defense Production Act?”
https://www.usnews.com/news/health-news/articles/2020-03-18/ap-explains-what-exactly-is-the-defense-production-act
This along with the Fed trying to nationalise industry by the back door, the president can now commandeer companies and assets as he sees fit.
This need more analysis but it looks suspicious, a bit like a coup.
Haven’t the Project Fear expounders whingeing that Brexit could knock 0.5% off GDP gone quiet!
There is no doubt in my mind a Russia/U.S./U.K/Commonwealth.alliance is far preferable than China/E.U whatever the pitfalls.
The Dream Team indeed
Since I wrote this article, stock futures are limit down. Within minutes of opening all of yesterday’s gains in the Dow have been erased and it’s early in the trading day in the US. European and British stocks all closed down erasing yesterday’s gains but I think the real action today will be on US markets. And all of this despite all of the helicopter money being promised to prop things up.
I hate to say this but the Mad Max scenario that I’ve been talking about is looking likely. The stock markets are just one aspect, small banks in the US have already started closing their doors, the bank runs will likely start soon. Deutsche Bank or HSBC I suppose are the canaries in the coal mine, we’ll have to see but it isn’t looking good.
Since Feb 18th, the start of the Covid Takedown, my current works’ pension (no job for life means one ends up with a lot of little diversified pensions and investments) is down by a giddy 25%. The gold miner fund has fallen the least. Next month 25% more shares will be bought for the same money so I’m not too worried. Feel for those who were just about to pull the pin though.
We, USA & UK, made common cause with Russia not so long ago. Unfortunately, then Russia/USSR was led by Stalin so it was never going to last.
But times are now very different: world-wide instant communication; weapon systems that could destroy the planet many times over. So not only are some options now off the table (unless you want to commit suicide) but very many more of us know what is going on everywhere (all be it we don’t know everything).
In terms of World power first there is the USA, and the best of the rest are a very poor second. So I am please Trump is so pro-UK.
As to who Trump would wish to collaborate with, assuming he needs to, I think Putin is not a bad choice. While he is not someone many of us would want as a friendly neighbour, I think he is rational. Therefore he is going to be basing decisions on sound grounds and not ideology. I can well believe Putin would like for Russia to have a large sphere of influence, with him at the top. But I do not see a return to the bad old days of the USSR.
If Trump/Putin can come to some sort of arrangement where by they leave each other alone for the majority, and collaborate where that makes sense, then that could be a good arrangement for the rest of us (or at any rate the reasonable and sensible “us”).
Of course this will not be a perfect solution; nothing ever is. But it could be a whole lot better than some other, possible super-power arrangements.
What are the power groupings? and likely grabbers.GB.
Our constitution now comes into its own and the Monarch comes into her own. She is the essential link between all the levers of power. So if the Civil Service decides to take power ( The most likely bunch of grabbers, because they believe they run the country anyway.. forgetting it could probably be done by a couple of thousand of the actual do-ers), it would need an alliance of the Armed forces and perhaps police an universtity professors. .. That should stop them.
So We need Charley, Bill, and Harry. And Gran and Grandad for advice.The girls aint daft either. Well, mostly. So if you have a lefty in the family, drown it.
Other likely tryers Could be Unions, Islam, NHS, etc etc, etc All sorts from london., SNP, ( If every one who believes they are scots came home the place would sink.. It certainly wouldn’t need immigrants. That’s why they aren’t allowed to vote )
Do I sound daft? Well for 50 years I have run businesses big and small and if you don’t think of these things , you’ll get swallowed., buried, or bought..
Another dot to be joined in. https://campaignforanindependentbritain.org.uk/the-fight-for-an-independent-uk-continues/