Economy

Enforcing mandatory lock-downs, social distancing and furloughing workers will affect our economy for decades to come. For how long will we be paying for our government’s decisions?

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Videos

Covid, Tango and The Lagom Way – Documentary by Claudia Adela Nye

Trapped in lockdown between the two extremes of Coronavirus deniers and lockdown orthodoxy, Nye is intrigued by Sweden’s approach: no lockdown, no school closures, no masks. She manages to secure an exclusive interview with Chief Epidemiologist Anders Tegnell, whose steely resolve not to buckle under world mainstream media pressure means – among other things, tango dancing is allowed in Stockholm!

Claudia Nye is a BAFTA nominated filmmaker. Brought back to documentaries for the sake of the future of her children, Nye travels from UK to Sweden to learn about their unique Covid-19 strategy.

She is also a qualified Relationship Counsellor, which she’s been practicing over the past ten years. She travelled to Stockholm with photo-journalist Sean Spencer and together they made this documentary

Video mirrors:

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News

Government estimates 220,000 will be the true death toll of the pandemic – with nearly half lost to non-Covid causes such as cancelled operations – Daily Mail

  • Hospital chaos will have led to 46,000 avoidable deaths by end of next month
  • Cancellations to routine operations may cause 18,000 excess deaths overall
  • Another 40,000 people may die due to the economic impact of lockdown 

More than 100,000 people are likely to die from non-coronavirus causes because of the pandemic, according to an official government estimate.

By the end of next month the chaos in hospitals and care homes will have led to 46,000 avoidable deaths, Department of Health research has suggested.

Cancellations to routine operations may cause 18,000 excess deaths in the long-term, on top of hundreds more from cancer.

Officials calculated that over the next few years another 40,000 people may die due to the economic impact of lockdown, including rising unemployment and mental health issues.

https://www.dailymail.co.uk/news/article-9203279/Government-estimates-220-000-true-death-toll-pandemic.html

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Publications

COVID-19 and the Political Economy of Mass Hysteria – MDPI

In this article, we aim to develop a political economy of mass hysteria. Using the background of COVID-19, we study past mass hysteria. Negative information which is spread through mass media repetitively can affect public health negatively in the form of nocebo effects and mass hysteria. We argue that mass and digital media in connection with the state may have had adverse consequences during the COVID-19 crisis. The resulting collective hysteria may have contributed to policy errors by governments not in line with health recommendations. While mass hysteria can occur in societies with a minimal state, we show that there exist certain self-corrective mechanisms and limits to the harm inflicted, such as sacrosanct private property rights. However, mass hysteria can be exacerbated and self-reinforcing when the negative information comes from an authoritative source, when the media are politicized, and social networks make the negative information omnipresent. We conclude that the negative long-term effects of mass hysteria are exacerbated by the size of the state.

http://archive.today/2021.02.09-004023/https://www.mdpi.com/1660-4601/18/4/1376/htm

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News

World’s richest ten people – including Elon Musk, Jeff Bezos, Bill Gates and Mark Zuckerberg – ‘are half a TRILLION dollars richer since Covid-19 pandemic began’ – Daily Mail

  • An Oxfam report has investigated growing inequality caused by the pandemic
  • The wealthiest 1,000 people recouped their losses within ten months of the virus
  • But the world’s poorest could take ten years to recover from their hardship
  • The top ten richest have added billions to their fortune despite the global crisis  

https://www.dailymail.co.uk/news/article-9182661/Oxfam-urges-radical-economic-rejig-post-COVID-world.html

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Publications

Absolute Zero Report – UK Fires

UK demand for energy-intensive materials is growing, driving increased emissions in the UK and abroad. UK FIRES is a research programme sponsored by the UK Government, aiming to support a 20% cut in the UK’s true emissions by 2050 by placing Resource E ciency at the heart of the UK’s Future Industrial Strategy.

We have to cut our greenhouse gas emissions to zero by 2050: that’s what climate scientists tell us, it’s what social protesters are asking for and it’s now the law in the UK. But we aren’t on track. For twenty years we’ve been trying to solve the problem with new or breakthrough technologies that supply energy and allow industry to keep growing, so we don’t have to change our lifestyles. But although some exciting new technology options are being developed, it will take a long time to deploy them, and they won’t be operating at scale within thirty years.

https://www.repository.cam.ac.uk/bitstream/handle/1810/299414/REP_Absolute_Zero_V3_20200505.pdf

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Opinion Videos

Ivor Cummins on The James Delingpole Channel

Ivor Cummins aka the Fat Emperor – gives James the lowdown on why you can’t trust anything our governments tell us about Covid-19. If you want the facts on Coronavirus – how deadly is it? do lockdowns and masks work? how does it compare with previous pandemics? – you’ve come to the right place

Please support the Delingpod:

Mirror archives are available below if this video is removed from YouTube.

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News

Crude oil prices briefly traded below $0 in spring 2020 but have since been mostly flat – U.S. Energy Information Administration

In the first half of 2020, responses to the COVID-19 pandemic led to steep declines in global petroleum demand and to volatile crude oil markets. The second half of the year was characterized by relatively stable prices as demand began to recover. As petroleum demand fell and U.S. crude oil inventories increased, West Texas Intermediate (WTI) crude oil traded at negative prices on April 20, the first time the price for the WTI futures contract fell to less than zero since trading began in 1983. The next day, Brent crude oil, another global crude oil price benchmark, fell to $9.12 per barrel (b), its lowest daily price in decades.

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Publications

Expected life loss due to Covid-19 suppression efforts – Prof Simon Wood, University of Edinburgh

[W]e require the current economic shock, which is much larger than 2008, to result in much smaller life loss than was associated with 2008. Otherwise we will lose more life to the economic effects of Covid-19 suppression efforts than were ever likely to have been lost to Covid-19 itself. Of course the consequences of the 2008 crisis were amplified by the policies adopted thereafter, and perhaps those consequences could have been substantially alleviated by a more enlightened approach. But the historical record from the UK does not suggest a willingness to vote for such an approach, even if any sort of credible plan for avoiding the economic life loss were actually to be proposed. The 1945 election was perhaps the exception, but it’s unclear that several months stuck at home on your sofa really leads to the same sort of cathartic re-evaluation of life’s priorities as storming the beaches of Normandy.

Source: Prof. Simon Wood, University of Edinburgh
Source: Prof. Simon Wood, University of Edinburgh

https://web.archive.org/web/20201101062720/https://www.maths.ed.ac.uk/~swood34/

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News

UK borrowing hits highest November level on record – BBC

The Office for National Statistics said borrowing hit £31.6bn last month, the highest November figure on record.

It was also the third-highest figure in any month since records began in 1993.

Since the beginning of the financial year, borrowing to cover the gap between spending and revenues has reached £240.9bn, £188.6bn more than a year ago.

The independent Office for Budget Responsibility (OBR) has estimated that the amount could reach £372.2bn by the end of the financial year in March

https://www.bbc.co.uk/news/business-55408444

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Videos

Catherine Austin Fitts – Planet Lockdown

Catherine Austin Fitts, publisher of Solari Report talks about Central Bankers, transhumanism, technocracy and economic war.

To guard against censorship, this is a mirror of the Planet Lockdown documentary video that was censored by YouTube.

Interview Notes

Interview notes contributed by RosieL

The US$ has been the reserve currency for a long time – creaking – Central Bankers are trying to extend the old system as the new system (no more currencies, a new transactional system) isn’t ready. Involves many industries, digital, takes in all the currencies on the planet.

Nobody would want the new transactional system so they use invisible enemies to scare the public. A few control the many using fear, so people need gov to protect them.

Also use media to divide and conquer, turn people against one another.

Stop people gathering, talking – digitise who is where with track and trace, online education/work can monitor everything people say.

Aim to get people to their destination before they see where they are going. No money only a control system. Turn your money on and off.

Transhumanism as well, so physically connected to financial system (5 min)

Shut down highstreet & independent forms of income – bring in huge companies – people have cash flow problem – trying to feed family – gov do as they want – nobody left to finance relatively populist politicians (Bernie Sanders, Donald Trump).
8 minutes:
An economic war
Since April global billionaires have increased their net worth by 27%, shouldn’t call them capitalists
It’s not ‘capitalism’ it’s economic totalitarianism
Consolidate wealth from middle classes and the weaker nations (to countries with digital Artificial Intelligence)

Coup d’etat democracy to technocracy
Financial coup 20-odd years in US, end 1995 decision to move assets out of nation, stolen money in governments and pension funds (definitely in GB as well – that’s what Alan tried to stop)

Technocracy: this is transhumanism, inject equivalent to have an operating system in the human body. Hook everyone up to the Cloud. Digitally identify people and track them with their transactions. Every Central Bank can shut you off, similar to Social Credit system in China. [Scientist I asked about this, Philip Foster, said that this bit really isn’t possible. Not really needed IMO as they control us anyway.]

Spatial control as well, not allowed to travel.

Media mind control. Slavery system 24/7
14 mins: If ‘Mr Global’ ( = committee that runs this) want technocracy and we want to remain a human system then we have a fundamental disagreement.

Diagram:
Tech people building Clouds and telecommunications
Military putting up satellites
Big Pharma making the injections that are full of these mystery ingredients
Media propaganda
Central Bankers doing cypto systems

They are trying to keep these separate so we can’t join the dots and see what’s going on. Build the system without us seeing it. Eg Bankers stay away from other topics (eg head of IMF accidentally mentioned the Digital ID system)

19 minutes: “The door on the trap hasn’t shut”

Injecting brain control: She said this early in the year, ref Bill Gates, people in America are waking up. Brain experts. Amazon runs Intelligence contracts. [??????? plausible?]
Universal Basic Income a control system.

Why: Technology gives them the ability to control. Slavery is profitable. Small number of people can gain power.

‘Mr Global’ can live for 150 years, can’t keep that secret. Easy life without management problems. They (The Swamp) are afraid of the general population, which in history does occasionally kill the leadership.

Most people in world don’t understand the Americans’ attachment to their guns. An old tradition in America of voting fraud. Never seen as blatant as this time. Needed covid to stop Trump (relatively populist only). Fake virus and a fake president.

‘Bizarre World’ began, not this year, but as they started to steel the money (Rosie, yes that’s how it feels)

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Videos

It’s not possible that the new mutant strain is 70% more transmissible – Dr Clare Craig, talkRadio

https://youtu.be/rlxLwS1sqw8
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Opinion Videos

Will putting London into Tier 3 cripple the economy? – Dr. John Lee, talkRADIO

https://youtu.be/oHAJFQtnSVw
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News

The clampdown that is just bureaucratic insanity – Dr. John Lee, Daily Mail

By plunging London into a Tier Three lockdown, the Government is going to do terrible harm to the city, the entire national economy, and to millions of lives.

No one can predict the number of people who will lose jobs, suffer poor mental health or who will have life-saving operations postponed until too late.

All we can say with any certainty is that all these things will happen, and not to a few isolated people. The harms caused by these new restrictions, like those caused by the previous over-reactions, will be immense.

  • The Government is withholding much of the information we need to draw our own conclusions about better ways to handle the crisis.
  • The weekly average number of Covid deaths in the capital is just over a tenth of what it was at its peak in April.
  • Weekly average Covid admissions to London’s hospitals are a quarter of what were in the spring.
  • The [UK Government’s] obsession with secrecy is not intended to hide the facts from enemy agents but from us, the general public.
  • This disease is not like Spanish flu, or the plague. It does not sweep away young and old indiscriminately. In fact, many younger people – now more likely to catch Covid – will have it without even being aware. They will be infected but not affected.
  • The average age of people dying with a Covid infection is 82 years and four months – 14 months more than the average life expectancy in Britain.
  • In November the total number of deaths in London was very little different to the average over the past five years.
  • Covid is a respiratory virus that spreads on the wind. Just look at the leaves blowing around – that’s what viral particles do when we walk past each other.
  • Cloth or woven paper masks are no barrier to this tiny virus either, as shown by the world’s only controlled study, from Denmark, which found that they only made a small, ‘non-statistically-significant’ difference.

https://web.archive.org/save/https://www.dailymail.co.uk/debate/article-9053311/DR-JOHN-LEE-clampdown-just-bureaucratic-insanity.html

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News Opinion Videos

The hidden cost of Covid lockdowns – Channel 4 News

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Publications

UK Economic and fiscal outlook – UK Office for Budget Responsibility

The coronavirus pandemic has delivered the largest peacetime shock to the global economy on record. It has required the imposition of severe restrictions on economic and social life; driven unprecedented falls in national income; fuelled rises in public deficits and debt surpassed only in wartime; and created considerable uncertainty about the future.

…GDP is set to fall by 11 per cent this year – the largest drop in annual output since the Great Frost of 1709.

https://obr.uk/docs/ExecSumm_November_2020.pdf

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Opinion

£6m borrowed for every Covid death: Economist CHRISTOPHER SNOWDON calculates the terrifying price Britain’s paying for the pandemic and asks what HAVE we done? – Daily Mail

The Government has laid waste to the world’s fifth-biggest economy on the basis of dubious projections from risk-averse academics whose jobs are secure no matter what.

…For the truth is that the Government has stared like a wild-eyed fanatic at a single disease with a fatality rate of 0.6 per cent and an average age at death of 82 years, and cast all other considerations to the wind.

The Office for Budget Responsibility (OBR) now predicts GDP falling by between 10.6 per cent and 12 per cent in 2020, the equivalent of the Great Recession of 2008-09 occurring twice in one year. Meanwhile, the OBR expects unemployment to peak next year at between 5.1 per cent and 11 per cent, an estimate so broad as to be meaningless.

…The OBR expects the national debt to hit £2.7trillion within four years and that is probably optimistic given that the Prime Minister is on a permanent spending spree, recently pledging an extra £16.5billion for the military, up to £100billion on the Operation Moonshot mass testing programme and untold billions on achieving net zero carbon emissions.

https://www.dailymail.co.uk/news/article-8994931/6m-borrowed-Covid-death-Economist-calculates-terrifying-price-UKs-paying-pandemic.html

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Opinion

The Great Reset Is Not a Conspiracy Theory – James Delingpole, Breitbart

But the Great Reset is not OK. It really doesn’t matter whether you want to cast its masterplan — which remember, ultimately includes the abolition of private property — as communist or fascist or technocratic. The much more important point is that it represents a totalitarian takeover by a small, powerful, oppressive, unelected elite which will leave the rest of us impoverished, immiserated, and deprived of our liberty.

https://www.breitbart.com/europe/2020/11/20/the-great-reset-is-not-a-conspiracy-theory/

Archive: https://web.archive.org/web/20210104212153/https://www.breitbart.com/europe/2020/11/20/the-great-reset-is-not-a-conspiracy-theory/

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Publications

Covid-19 Mortality: A Matter of Vulnerability Among Nations Facing Limited Margins of Adaptation – Frontiers in Public Health

Results: Higher Covid death rates are observed in the [25/65°] latitude and in the [−35/−125°] longitude ranges. The national criteria most associated with death rate are life expectancy and its slowdown, public health context (metabolic and non-communicable diseases (NCD) burden vs. infectious diseases prevalence), economy (growth national product, financial support), and environment (temperature, ultra-violet index). Stringency of the measures settled to fight pandemia, including lockdown, did not appear to be linked with death rate.

Conclusion: Countries that already experienced a stagnation or regression of life expectancy, with high income and NCD rates, had the highest price to pay. This burden was not alleviated by more stringent public decisions. Inherent factors have predetermined the Covid-19 mortality: understanding them may improve prevention strategies by increasing population resilience through better physical fitness and immunity.

https://www.frontiersin.org/articles/10.3389/fpubh.2020.604339/full

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News

Matt Hancock is delighted to work even closer with the World Economic Forum (2018)

@MattHancock on Twitter 26 Jan 2018

https://web.archive.org/web/20191217150219if_/https://twitter.com/MattHancock/status/956851034797891584

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Opinion

‘New advisers needed before Sage wrecks our economy’ – The Express

THE Treasury must form its own advisory group to counterbalance the “Covid-19 only” approach of Sage, experts say.

England was placed into lockdown following advice from the Government’s scientific advisers, despite warnings that it would lead to mass unemployment and cause huge economic damage. Much of the data relied on by Sage, including the “4,000 a day” death figures, has been challenged, with experts saying too much weight was being given to the doomsday scenarios. One accused the group of using “eye-wateringly wrong modelling data to inform government policy” akin to “crystal ball gazing”.

https://www.express.co.uk/news/uk/1357547/coronavirus-latest-sage-advisors-lockdown-economy