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Project Fear
“voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.” Change ‘pacifists’ […]
Continue readingInvestors start to challenge fiat markets for delivery
It should be fairly obvious that when supply exceeds demand, then prices will fall. Print more fiat cash than one is growing the economy and you’ll end up with currency debasement, even if initially governments and their central banks can spin this as asset inflation and some sort of spurious economic success story. Spew out […]
Continue readingInformed Consent?
What a fetid mess this whole COVID-19 p(l)andemic has become. More lockdowns and face muzzling which discredit their very effectiveness (since they obviously don’t work) and now a World Health Organization chief scientist Soumya Swaminathan suggesting that the long awaited vaccines won’t even be effective at stopping transmission. Presumably this will be used as […]
Continue readingBah Humbug!
With Dover shut by the Frenchies and restaurants in large swathes of the land shuttered by an AWOL government, Tiny Tim will at least be able to bring home some of our own great domestic produce for what used to be the festive season. In season Turbot, Lobster and scallops from our cold waters or […]
Continue readingNever let a crisis go to waste
Well, they’ve got their financial reset, muzzled us and frightened us into obsequiousness. Unfortunately, as this CV-19 ‘pandemic’ develops, a chasm is opening up between Government policy in some countries and what is actually supportable by the IFR data. What might have been reasonable in the fog of the March panic is increasingly less so […]
Continue readingCuriouser and curiouser!
Will Trump go ‘full Boris’ after his brush with the ‘China virus’ and follow the Democrats with more lock-downs, or will it harden his resolve to get America back to work? Hopefully it will be the latter, as the pace of employment growth is already slowing and Pelosi’s foot-dragging on the stimulus bill will only […]
Continue readingCommand economics, or just fantasy financing?
Are the lockdowns really an attempt to spare over-whelming health services, or an excuse to bail out all those bad loans sitting on bank balance sheets since 2008? Either way, as IFR data emerges and debt liabilities spiral out of control, the justification and ability to sustain these policies are crumbling. Without central bank support […]
Continue readingMore fake statistics!
In war, the first casualty is often the truth. In the current pandemic and polarised political environment, this seems to be doubly so. Pre-existing conditions might be what kills you with COVID-19, but it is the pre-existing political bias and goal-seeking that is more alarming. Don’t expect the data to lead the narrative. Want Biden […]
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