Bitcoin Forum

Economy => Economics => Topic started by: BobK71 on May 31, 2020, 04:34:09 AM



Title: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on May 31, 2020, 04:34:09 AM
A couple of weeks ago, I posted here (https://bitcointalk.org/index.php?topic=5248086.0) my theory that the virus was released intentionally by China and the Western elites to effect a reset of the global financial system.  It was quite a lively discussion!

We have one more important piece of evidence now.

It appears that hydroxychloroquine (HCQ) is a truly effective treatment for early patients, that can potentially be a game changer in the fight against covid-19.  See reports here (https://www.paulcraigroberts.org/2020/04/11/professor-didier-raoult-releases-the-results-of-a-new-hydroxychloroquine-treatment-study-on-1061-patients/), here (https://www.thegatewaypundit.com/2020/05/80-patients-staff-members-come-coronavirus-texas-nursing-home-hydroxychloroquine-treatment-saves-1-patient/) and here (https://m.washingtontimes.com/news/2020/apr/2/hydroxychloroquine-rated-most-effective-therapy-do/).

I know the controversial US President Trump is a big supporter of this treatment, but this is a time to put politics aside and look at the science.

In the US, two high-profile reports have just been published against using the treatment, and have generated much coverage in the mainstream media, with predictable results.  (One comes from the US Veterans' Health Administration, and the other is published by The Lancet.  I won't provide the links because they're everywhere!)

Chris Martenson of PeakProsperity.com has argued that both studies are flawed, because the key to effective treatment is starting treatment early, plus the inclusion of zinc, and neither of these studies consider those factors.  French doctor Didier Raoult, an advocate of HCQ, also finds major problems with the studies.  (He has written an open letter (https://zenodo.org/record/3862789#.XtNZY3vLeoX) to The Lancet in protest.)  In addition, Martenson has looked at the design of 3 major future US-based studies on HCQ and found them 'designed to fail' by not accounting for early treatment and zinc.

One has to ask the question, why, oh why?

If HCQ is indeed an unfairly maligned, highly promising treatment, it does look as if the entire US establishment, not just the anti-Trump politicians and media, and not just big pharma (who stand to profit from much more expensive future vaccines and treatments, whereas HCQ is a generic) is against HCQ, and are desperate to make sure patients don't get cured.  This would be consistent with my theory that the Coronavirus was released in order to effect a controlled, gradual reset of the financial system.

I have not seen a rebuttal of the arguments by Martenson and Raoult.  Raoult also complains that raw data was withheld from public review in the case of the Lancet report, against tradition.

Again, one has to ask, who has (have) this kind of power and ambition, to destroy what appears to be the biggest hope for the biggest problem facing the world?


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: alexeev.tosha0109@yandex. on May 31, 2020, 05:07:35 AM
Considering COVID as a tool of resetting the global financial system sounds like a conspiracy. I mean the system could be changed in a more humane way, what we see now is more like uncontrolled collapse.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: abhiseshakana on May 31, 2020, 07:15:09 AM
my theory that the virus was released intentionally by China and the Western elites to effect a reset of the global financial system.
A military observer in my country based on valid sources stated that the virus was originally released by Western elites with Trump's knowledge, but at the end WHO leaked it to China so that China made a series of revenge attempts on Trump. including China bought up a very large number of personal protective equipment from many countries and sold back to other countries after a pandemic broke out in the world. China and WHO make false information about covid so that the world is fooled about the extent of its spread and its deadly effect.

Trump really idolizes Reagan and Xi against the agreement between Deng and Reagents is the beginning of the feud of the two presidents. In international politics, there are no eternal friends and opponents, only eternal interests. During a coalition with the American global elite, China felt that it would be more beneficial for its national interests and important to bring down Trump so that China could become a strategic American partner like Clinton and Obama days.


Quote
It appears that hydroxychloroquine (HCQ) is a truly effective treatment for early patients, that can potentially be a game changer in the fight against covid-19.
Researchers from Brazil have found a drug that is claimed to cure corona 100%, namely treatment with a combination of hydroxychloroquine with macrolide antibiotic Azithromycin. But if treated with Hydroxychloroquine alone without a combination, the cure rate is only 57%.

Please check this post (https://bitcointalk.org/index.php?topic=5235293.msg54173107#msg54173107) for reference



Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Ucy on May 31, 2020, 07:44:12 AM
I believe they simply took the virus as an opportunity to do whatever they want to do.
It is real and bad. The world is truely helpless. And it's about rebellion against GOD and things HE cherished. GOD (who is actually the true KING of this world) has full control over people/angels/satan, and HE can easily allow them to do HIS will or make mistakes.
If they keep "rebelling" against the CREATOR, it gets worse or something else bad will happen. HE knows all our thoughts, secret actions, etc



Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: plvbob0070 on May 31, 2020, 07:44:39 AM
Maybe it's not that they don't want patients to be cured, but because the treatment is not completely effective. I don't know anything about medicine and such, but maybe the criteria they require for the patients they used to try HCQ, only fits for those who have the mild effect of the virus. Perhaps this HCQ does not guarantee to cure patients with severe symptoms, especially older people who are more vulnerable to the infected that's why they cannot approve it to be the cure for the virus. I bet WHO had already observed about this HCQ.

 Is this the only thing they can think of if they want a financial reset? The people are dying, not only because of the virus but also due to a lack of financial stability. I'm still in doubt about that they will put people's lives at risk just for a financial reset


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: exstasie on May 31, 2020, 08:08:33 AM
If HCQ is indeed an unfairly maligned, highly promising treatment, it does look as if the entire US establishment, not just the anti-Trump politicians and media, and not just big pharma (who stand to profit from much more expensive future vaccines and treatments, whereas HCQ is a generic) is against HCQ, and are desperate to make sure patients don't get cured.  This would be consistent with my theory that the Coronavirus was released in order to effect a controlled, gradual reset of the financial system.

What's the bar you're setting? The FDA cleared off label use, doctors have been prescribing it for emergency use. Anecdotally, there are very few who vouch for its efficacy. Observational studies and now clinical studies are raising similar questions. You can poke holes in the data all you want but without any evidence to go on and only a couple crackpots alleging a vast conspiracy, this theory isn't convincing.

I don't understand why conspiracy theorists are so invested in hydroxychloroquine being a silver bullet, as if the most effective treatment was likely to be stumbled upon on Day 1. Remdesivir has similarly been a huge disappointment.

I have not seen a rebuttal of the arguments by Martenson and Raoult.

You're appealing to their authority and taking their words as gospel. I can't waste any more time watching this Martenson guy's videos where he surfs the internet, makes ridiculous unfounded conclusions based on random Medium articles, and acts like it's evidence of a vast conspiracy. You can't rebut that, which is why nobody bothers. This picture you're trying to paint where the entire medical industry can be controlled like puppets on strings also just isn't believable.

It's just like when a flat earther claims NASA satellite images must be photoshopped and that they alone have the authority to decide the veracity of their claims, and that these allegedly photoshopped images are proof that the earth is flat. It's totally circular logic with no proof involved.

We need more than a couple crackpots asking some unanswered questions and speculating.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BITCOIN4X on May 31, 2020, 08:22:18 AM
I'm still in doubt about that they will put people's lives at risk just for a financial reset
The reality of what is happening right now is still shrouded in unsolved mysteries. The current set of evidence and facts is still in doubt by most of the world community. But it is not impossible Covid-19 is a very powerful weapon to be used as a rearrangement of the global financial system. If this is indeed true, Covid-19 is truly effective because its influence has damaged the global economy.

I do not really believe that this is propaganda, but whatever would be true if Covid-19 existed because the world needed improvements in the financial system, then I would say it was an extreme ideology. Killing a part of the population and making it a sacrifice to carry out a very cruel idea.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: davis196 on May 31, 2020, 11:08:19 AM
Quote
A couple of weeks ago, I posted here my theory that the virus was released intentionally by China AND the Western elites to effect a reset of the global financial system.

Why China AND the western elites?Do you think that China and the western elites are working together instead of competing?There are conspiracy theories that China released the virus in order to damage the western economies,but I've never heard about your conspiracy theory.What's the point of China and the western elite actually trying to damage the world economy and kill thousands of people?
Only a psychopath can imagine such a devious plan.

By the way,there is clear evidence that hydroxychloroquine has horrible side effects,so we should NOT consider it the panacea that is going to end the pandemic and cure all infected people.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: fiulpro on May 31, 2020, 11:55:27 AM
A couple of weeks ago, I posted here (https://bitcointalk.org/index.php?topic=5248086.0) my theory that the virus was released intentionally by China and the Western elites to effect a reset of the global financial system.  It was quite a lively discussion!

We have one more important piece of evidence now.

It appears that hydroxychloroquine (HCQ) is a truly effective treatment for early patients, that can potentially be a game changer in the fight against covid-19.  See reports here (https://www.paulcraigroberts.org/2020/04/11/professor-didier-raoult-releases-the-results-of-a-new-hydroxychloroquine-treatment-study-on-1061-patients/), here (https://www.thegatewaypundit.com/2020/05/80-patients-staff-members-come-coronavirus-texas-nursing-home-hydroxychloroquine-treatment-saves-1-patient/) and here (https://m.washingtontimes.com/news/2020/apr/2/hydroxychloroquine-rated-most-effective-therapy-do/).

I know the controversial US President Trump is a big supporter of this treatment, but this is a time to put politics aside and look at the science.

In the US, two high-profile reports have just been published against using the treatment, and have generated much coverage in the mainstream media, with predictable results.  (One comes from the US Veterans' Health Administration, and the other is published by The Lancet.  I won't provide the links because they're everywhere!)

Chris Martenson of PeakProsperity.com has argued that both studies are flawed, because the key to effective treatment is starting treatment early, plus the inclusion of zinc, and neither of these studies consider those factors.  French doctor Didier Raoult, an advocate of HCQ, also finds major problems with the studies.  (He has written an open letter (https://zenodo.org/record/3862789#.XtNZY3vLeoX) to The Lancet in protest.)  In addition, Martenson has looked at the design of 3 major future US-based studies on HCQ and found them 'designed to fail' by not accounting for early treatment and zinc.

One has to ask the question, why, oh why?

If HCQ is indeed an unfairly maligned, highly promising treatment, it does look as if the entire US establishment, not just the anti-Trump politicians and media, and not just big pharma (who stand to profit from much more expensive future vaccines and treatments, whereas HCQ is a generic) is against HCQ, and are desperate to make sure patients don't get cured.  This would be consistent with my theory that the Coronavirus was released in order to effect a controlled, gradual reset of the financial system.

I have not seen a rebuttal of the arguments by Martenson and Raoult.  Raoult also complains that raw data was withheld from public review in the case of the Lancet report, against tradition.

Again, one has to ask, who has (have) this kind of power and ambition, to destroy what appears to be the biggest hope for the biggest problem facing the world?

Some things that I would like to mention here :-

1. Hydroxychloroquine is not an effective treatment against the Corona Virus . Remember that it is mostly used in the tropical countries to combat Malaria. The malarial parasite " Plasmodium " is not a VIRUS . The only reason it is effective in some cases is because it is being carefully administered by the doctors to the patients , it is not exactly killing the Virus . * It cannot *, it's just preventing further complications in case of only a small number of patients.

Reports are different everywhere therefore we should be cautious with it . Everyday they are giving a new statement. Hydroxychloroquine can be effective in some cases but the percentage is not that big . Plus it won't work if you take it at home ! You need to be administered the drug by a certified medical professional that too when you do get the virus unfortunately.

Experts won't suggest you to take this drug at home!! Overdose and underdose can easily harm your body .

2. Drug For HIV is working in some patients ! Only if treatment is started early . Therefore it is a better option for us .

Unfortunately the president is a little out of the line here , I saw him telling people to take it as a preventive measure . You should not do that , I don't know why people are taking advice from anyone now a days .

________________________________________________________

The synthesis of this drug along with the HIV drug is located at certain developing countries where one of them is engaging in a war with China . Trump have good relationships with India therefore I do think that they can politically somehow make sure the drug reaches the US on time if needed.

In contrast to Trump asking drug from India , he have actually said he is going to help mediate between China and India if needed.

Everything is with a reason here .

I am not against the treatment with the antimalarial drug , but am against people who are taking advice from a non medical professional.
________________________________________________________

It's not just economic reset . It is the reset of the whole world , the government , the factories. It's going to change everything real fast. The countries who won't be able to change will suffer for a long long time .

Plus until and unless we don't have a big scale clinical trial with respect to the drug we need to remember that it is not a good idea .


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Latviand on May 31, 2020, 01:32:37 PM
The reality of what is happening right now is still shrouded in unsolved mysteries. The current set of evidence and facts is still in doubt by most of the world community. But it is not impossible Covid-19 is a very powerful weapon to be used as a rearrangement of the global financial system. If this is indeed true, Covid-19 is truly effective because its influence has damaged the global economy.

We have no proof and evidence about this pandemic if this is intentional or not. But somehow, it seems so suspicious that the country where the virus originated are now recovering so fast. If this Covid-19 exists on purpose, maybe it is for the people to become more aware about the financial status of the government, it can also make people individually and the community, how to maintain and value their money to have budget during lockdown.

I do not really believe that this is propaganda, but whatever would be true if Covid-19 existed because the world needed improvements in the financial system, then I would say it was an extreme ideology. Killing a part of the population and making it a sacrifice to carry out a very cruel idea.

Everything happens for a reason, but now, it is true that the global economy is really affected and some government as borrowing money from the World Bank. People are not prepared for this Covid-19 pandemic to happen, that's why the government are still shocked and still looking for the possible solution to minimize the suffering.

Soon, I hope that everything that affected by this pandemic will go back to normal and recover so that all of us can move on, and grow better in the future.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: FanEagle on May 31, 2020, 04:03:52 PM
It is going to be even tougher now that all Americans are on the streets protesting as well. Now you might say what could go wrong in the whole world just because some people out there protesting?

Well, the reality is covid is still out there, some people who are protesting could be infected, which means they will share it a lot with others, and the second wave could be even bigger than the first, plus there is financial costs as well with all those companies closed down as well, these people who are rioting and destroying stores like target, will need stores like target when the second wave starts and they need to buy supplies. At the end of the day coronavirus is still a legit threat to American economy, and American economy collapsing hurts every nation in the world.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: eaLiTy on May 31, 2020, 04:29:18 PM
If HCQ is indeed an unfairly maligned, highly promising treatment, it does look as if the entire US establishment, not just the anti-Trump politicians and media, and not just big pharma (who stand to profit from much more expensive future vaccines and treatments, whereas HCQ is a generic) is against HCQ, and are desperate to make sure patients don't get cured.  This would be consistent with my theory that the Coronavirus was released in order to effect a controlled, gradual reset of the financial system.
This is a flawed theory in many levels, when the virus hit you do not have enough data to come to a conclusion that whether one treatment was better than the other and to test that out it needs time. Initial it was like an experiment trying out different drug and everyone's body does not respond the same to different medication.

Even during these experimentation the main objective was to prevent the virus from entering the cells and then to prevent it from multiplying and for that they were experimenting with different drugs that are existing and used for other viruses.

So the idea about the virus is released as part of an agenda to reset the financial system is absurd, conspiracy theories does not require any proof so it was fun reading your theory  ;) :D.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Yatsan on May 31, 2020, 04:51:53 PM
Maybe it's not that they don't want patients to be cured, but because the treatment is not completely effective. I don't know anything about medicine and such, but maybe the criteria they require for the patients they used to try HCQ, only fits for those who have the mild effect of the virus. Perhaps this HCQ does not guarantee to cure patients with severe symptoms, especially older people who are more vulnerable to the infected that's why they cannot approve it to be the cure for the virus. I bet WHO had already observed about this HCQ.
As far as I know hydroxychloroquine (HCQ) is a treat for malaria and there has no studies yet that proves the HCQ is the cure for covid. However supply is USA of HCQ are already in short as they are assessing this drug along with antibiotic called azithromycin. There is another problem with every patients, other drugs that was experimented does not have the same effect in an individual, I'm afraid that the cure we need is not just a single formula.

Is this the only thing they can think of if they want a financial reset? The people are dying, not only because of the virus but also due to a lack of financial stability. I'm still in doubt about that they will put people's lives at risk just for a financial reset
I think so, this is the only way they could turn the tables in favor of them. But I really doubt that China would do such silly things like this, I know most of you guys hate China for some reason but I don't really think China will come up to this because they are already at the top of the economy. Can we just stop theorizing ? I mean is it still not enough to you guys what the USA has said about the virus? Their medical research team has already announce the nature of the virus and it is not man made. At least the financial reset was not deliberate.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Mosolad2006 on May 31, 2020, 04:57:35 PM
Covid-19 has totally affecting the world economy globally, with little experience both Government and citizen of different nation's has experienced, clear evidence has showed that financial capabilities of Nation's has been reset totally. For each country by now should have at least plan for any future occurrence of such pandemic that might brake out in future and to boost the economy stage of the country just not to go into recession in future..


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: cabron on May 31, 2020, 05:52:12 PM

We have been seeing a lot of discussions about this conspiracy theory and I'm almost believing all these since its very timely to see how much finance has changed and then there is also politics and China is also winning the game. The elites want to reset the financial system to make them on top still while planing a war in Asia, this is what I've read on a facebook post  :D

There was an article that Obama was the one who moved the virus laboratory which was actually from the US to then moved to Wuhan China. I don't know how the truth about it but this article comes up.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Kakmakr on May 31, 2020, 06:59:53 PM
Looking at what Donald Trump said in his latest Press briefing, it hints at China blocking travel to major cities within China from Wuhan when it was first discovered that there were a breakout of Covid-19 but no restrictions was placed on travel to any other country. So it looks like China wanted to curb the spread of the virus in their country and not into other countries.  >:(

We all know that China wants to be the economic power house of the world, so it would make sense that they would want this virus to spread to the rest of the world and not within China. ( I am afraid that this strategy <if it was true> ..back fired on them, because this outbreak ruined their reputation in the rest of the world. People will always say that the outbreak started in China and that they hid this from the world. )

The question... was this a financial reset or the spark of a global recession.  ???


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Freeesta on May 31, 2020, 07:40:47 PM
I believe that the virus was not created by chance. Indeed, the whole world claims that the virus was developed in China, but countries are holding to the last so as not to flood China with litigation. Time will pass and countries will begin to investigate the appearance of this virus and why it was created.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 01, 2020, 02:11:41 AM
The FDA cleared off label use, doctors have been prescribing it for emergency use. Anecdotally, there are very few who vouch for its efficacy. Observational studies and now clinical studies are raising similar questions. You can poke holes in the data all you want but without any evidence to go on and only a couple crackpots alleging a vast conspiracy, this theory isn't convincing.

I casually looked into two of the biggest local hospitals (these are renowned institutions,) and they will only allow using HCQ for hospitalized patients, if at all.  This is at least about one week too late to have any effect, according to my estimates based on Martenson's progression timetable.  Also, HCQ is merely the delivery vehicle for zinc which is really the antiviral drug, and there's no mention of zinc on the treatment strategy pages of the hospitals.  I believe the FDA only allows the use of HCQ for, as you say, emergency use only.  This is too late.  It must be started with zinc as soon as possible after symptoms appear, where in most cases patients stay home for the time being.

I have three links in the OP that help 'vouch for its efficacy.'  There are also studies in China and Brazil that I didn't include.  In addition, Indian doctors are generally in favor of it.


I don't understand why conspiracy theorists are so invested in hydroxychloroquine being a silver bullet, as if the most effective treatment was likely to be stumbled upon on Day 1. Remdesivir has similarly been a huge disappointment.

There's no need to speculate like this when you have so much data in support of HCQ.  We are where we are, by luck or whatever.  Of course, nothing is good enough for the US political establishment and media, who demand formalized (and apparently slow) studies.  And guess what, the next major US HCQ studies, just as the last two, don't take into account time of treatment and zinc, i.e. they're designed to fail.  In fact, the Lancet study doesn't allow the public to review its raw data, to independently verify there is no cherry-picking of patients, etc.

I have not seen a rebuttal of the arguments by Martenson and Raoult.

You're appealing to their authority and taking their words as gospel. I can't waste any more time watching this Martenson guy's videos where he surfs the internet, makes ridiculous unfounded conclusions based on random Medium articles, and acts like it's evidence of a vast conspiracy. You can't rebut that, which is why nobody bothers.

What we get from Martenson's videos are pages from the reports of 'mainstream' studies.  He highlights the text he finds interesting, including sometimes the study's own indirect admission of its limitations.  He has a doctorate in pathology and is well placed to understand these studies in detail.  I don't take anyone's words as gospel, but when you have a set of published mainstream studies (which are more than well publicized by the media), and he is able to dive into them and show you how they're really invalid, you really would have to go into his reporting and show how he's wrong.

To me, it really is pretty simple.  It doesn't take a genius to understand that if a study doesn't compare HCQ, as administered properly, vs non-HCQ approaches, it's invalid for its purpose.  (In the VA study the patients tend to receive their HCQ too late, and the Lancet study openly refuses to release their raw data.  Raoult claims there are funny patterns in the published data of that study that arouse suspicion.  Also, the alleged adverse effects on the heart by HCQ seem possible to be explained by the late-stage status of the HCQ patients, whose hearts had already been damaged by the virus.)

No 'random Medium articles' are needed.  Agreed?


This picture you're trying to paint where the entire medical industry can be controlled like puppets on strings also just isn't believable.

This much seems clear at this point: all it takes to stifle HCQ in the US is to author a couple of hit-piece studies, and for the FDA to approve HCQ for emergency use only (at least in the case of hospitals.)  By the time 'emergency' happens, the patient is too far along for HCQ to help.  Therefore, no well-publicized data of its efficacy and safety.

Raoult's open letter is co-signed by several pages' worth of names-institutions of physicians across the world.  These are just doctors who are aware of him.  So you're right, it's impossible to control the entire medical profession.  I'm confident that HCQ-zinc will eventually emerge at least as one of the major treatments.  Unfortunately, many will have died unnecessarily and, if my theory is right, the elites will have had time for their financial reset.


It's just like when a flat earther claims NASA satellite images must be photoshopped and that they alone have the authority to decide the veracity of their claims, and that these allegedly photoshopped images are proof that the earth is flat. It's totally circular logic with no proof involved.

We need more than a couple crackpots asking some unanswered questions and speculating.

There's no need to 'allege' photoshopping when the images themselves tell you they're photoshopped.

Ultimately, how do you decide whose word is closer to the truth?  The Western establishment, including the media?  Or independent and/or anti-establishment voices?  Let's take a peek at the tip of an iceberg.

It's not disputable that Martenson came out in late January to say this virus will cause huge death tolls.  Let's not forget this was a time when the entire Western world of governments, plus China and Japan, were minimizing the problem as much as possible, and when the entire mainstream media repeated their misinformation as is.  ("5 cases in the US" when testing was almost totally missing in action, for example.)

Going back just a little further, when Syria's President Assad openly defied the US-led global order, the US started a war that ended up killing half a million Syrians.  If we are to believe the mainstream media, high-minded idealists such as Hillary Clinton and John Brennan were happy to spend enormous time, effort, budget and political capital simply to realize the dream of freedom and democracy in the Middle East, where rebels had spontaneously sprung up against Assad, initially armed with nothing but their courage.

Later in the conflict, leaked documents from the OPCW itself showed that its own investigators in one incident found Assad did not use chemical weapons, as claimed by the West.  The Western media immediately suffered a severe case of silence.

Going back further, when the US helped Saddam Hussein use chemical weapons in the Iran-Iraq war, the mainstream media was silent.  (After Saddam turned from friend to enemy, every time a chemical-weapon accusation was leveled at him by the US, it was always with the addendum 'on his own people.'  I always wondered why, but I now see!)

Going way back to the immediate postwar era, if you read 'Confessions of An Economic Hit Man,' you'll see that small, weak, and poor countries were forced, yes forced, to borrow US dollars in amounts that the US knew they could never repay.  Once they incurred the debt, their entire populations would become an artificially cheap source of labor for the US (to help boost the value of the dollar,) their economies subject to severe boom-bust cycles, and their governments forced to toe the US line.  If it were not for a book written by a former insider, you think we would still be informed by something like a CNN investigative report?

Let's just say, it's not certain that the Western mainstream media should be trusted by default.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: DoubleEdgeEX on June 01, 2020, 06:44:09 AM
1990 - Oil crisis, recession - bailouts and discharge of debts - restart
2000 - dot com bubble crisis, recession - bailouts and discharge of debts - restart
2008 - Banking crisis, Lehman bros, recession - bailouts and discharge of debts - restart
2020 - Corona crises, recession - bailouts and discharge of debts - restart

Debt economy is simply not sustainable, so it needs a restart every 8-10 years triggered by a volutarely created crisis.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: smyslov on June 01, 2020, 01:29:35 PM
1990 - Oil crisis, recession - bailouts and discharge of debts - restart
2000 - dot com bubble crisis, recession - bailouts and discharge of debts - restart
2008 - Banking crisis, Lehman bros, recession - bailouts and discharge of debts - restart
2020 - Corona crises, recession - bailouts and discharge of debts - restart

Debt economy is simply not sustainable, so it needs a restart every 8-10 years triggered by a volutarely created crisis.

So you mean that this current crisis is voluntary created crisis? the one you shown us is indeed a good indication that is but of the all the restart that we had this Corona virus is the most hurting and alarming,if this was created to be a restart, those who created has no conscience.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: coinfinger on June 02, 2020, 02:46:20 PM
Mate, I don't know about this that you're saying here ::). But I have been doing research on this hydroxychloroquine and from my research it's not a good treatment for Covid-19 and it doesn't work.

Though Trump did claim once that he was taking the drug to prevent him from being infected with the Covid-19 virus, and considering that some people in the white house have been infected with the virus and he's not. And it's not just about Trump, the president of China once visited those that were infected in China, and was wearing just a mask and nothing much to protect himself from being infected.

This made a lot of people say that he had a cure for it. There are lots of confusion in this case. But from my research people who were treated with hydroxychloroquine had a higher death rate, compared to those that were not treated with that drug. And other studies claim that the drug was causing QT prolongation.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Botnake on June 02, 2020, 02:56:03 PM
I believe that the virus was not created by chance. Indeed, the whole world claims that the virus was developed in China, but countries are holding to the last so as not to flood China with litigation. Time will pass and countries will begin to investigate the appearance of this virus and why it was created.

They will have more time investigating, but right now, the world is focus on finding the cure, and although there has been new releases that the vaccine was already found but until it's published and ready for distribution that is the time I will believe that the cure was really invented.

The thing is, the current situation can be used by corrupt politicians to run their personal interest, and personally I have a feeling that all these are carefully plan to destroy one country while making the other improve their economy. It's a Financial Reset in the sense that small countries will struggle as they have poor facilities or poor back up for situation like this and that would significantly drove their economy down.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: abhiseshakana on June 04, 2020, 03:04:51 PM

They will have more time investigating, but right now, the world is focus on finding the cure, and although there has been new releases that the vaccine was already found but until it's published and ready for distribution that is the time I will believe that the cure was really invented.

The thing is, the current situation can be used by corrupt politicians to run their personal interest, and personally I have a feeling that all these are carefully plan to destroy one country while making the other improve their economy. It's a Financial Reset in the sense that small countries will struggle as they have poor facilities or poor back up for situation like this and that would significantly drove their economy down.

The most affected pandemic is not a small country but a country that depends on imported products for consumption, countries that have debts, countries that depend on the dollar. The higher the level of dependence on the three components, the heavier the economic recovery.

It is precisely at a time like this that it will be a little difficult to corrupt the funds allocated for a direct pandemic, because, the state will closely monitor its budget. What is wary of is the collusion carried out by unscrupulous governments who sell state sovereignty to international institutional states amidst the negligence of statesmen and people due to the pandemic.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: verita1 on June 05, 2020, 05:55:34 AM
Guys, I found this article. We are so vulnerable in the midst of this pandemic. I have always thought like China with all the experience it has in science and having seen the virus first hand allowed it to spread so freely. What an expert said is being fulfilled. Just months before a case of Coronavirus was known in China.

China Has More Control Over Your Prescription Drugs Than You May Think
Written by Tony Hicks on September 19, 2019

https://www.healthline.com/health-news/china-control-over-your-prescription-drugs (https://www.healthline.com/health-news/china-control-over-your-prescription-drugs)

“If we had a pandemic and we needed drugs from another country, it could become a defense issue,” James Cassel, the co-founder of Cassel Salpeter & Co., which oversees mergers and acquisitions of healthcare companies, told Healthline. "It's scary. Tariffs are one thing. But what if they just decide not to make something available? ”


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: AniviaBtc on June 05, 2020, 09:02:47 AM
I believe that the virus was not created by chance. Indeed, the whole world claims that the virus was developed in China, but countries are holding to the last so as not to flood China with litigation. Time will pass and countries will begin to investigate the appearance of this virus and why it was created.

They will have more time investigating, but right now, the world is focus on finding the cure, and although there has been new releases that the vaccine was already found but until it's published and ready for distribution that is the time I will believe that the cure was really invented.

The thing is, the current situation can be used by corrupt politicians to run their personal interest, and personally I have a feeling that all these are carefully plan to destroy one country while making the other improve their economy. It's a Financial Reset in the sense that small countries will struggle as they have poor facilities or poor back up for situation like this and that would significantly drove their economy down.

This pandemic really brought panic to us all, and most of the countries aren't prepared and they don't have a specific allocated budget for this event. Like in US, they are really experiencing economic crash because of the sudden spike of infected cases in their country, they use their budget without proper planning. Like in China, their economy is stable although they are the one who are suspicious in creating this pandemic but we still don't have any evidences. The no. of active cases there are only 66 as of now, but still they are nearly going back to normal. Hopefully most of the countries are now recovering from this virus and recover also financially and economically so that their will be lesser loans in the World Bank.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Oasisman on June 05, 2020, 10:12:41 AM
Quote
A couple of weeks ago, I posted here my theory that the virus was released intentionally by China AND the Western elites to effect a reset of the global financial system.

Why China AND the western elites?Do you think that China and the western elites are working together instead of competing?There are conspiracy theories that China released the virus in order to damage the western economies,but I've never heard about your conspiracy theory.
China and Western countries are known to be a foe, and this pandemic might be a biological weapon to destroy the economic state globally (specially the US) like every other ordinary conspiracy theorist in the internet are talking about. That really made sense, considering that China has recovered after Covid-19 was declared a pandemic.

What's the point of China and the western elite actually trying to damage the world economy and kill thousands of people?
Only a psychopath can imagine such a devious plan.

I doubt the statistical records that they're showing. It seems to me that the WHO and other local/national health organizations are faking these numbers. Specially when they are cremating the corpses leaving no evidence of the real cause of death. Nevertheless, there are still a lot of questions and theories whether this is a man made pandemic or merely unintentional.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: DoubleEdgeEX on June 05, 2020, 10:50:53 AM
1990 - Oil crisis, recession - bailouts and discharge of debts - restart
2000 - dot com bubble crisis, recession - bailouts and discharge of debts - restart
2008 - Banking crisis, Lehman bros, recession - bailouts and discharge of debts - restart
2020 - Corona crises, recession - bailouts and discharge of debts - restart

Debt economy is simply not sustainable, so it needs a restart every 8-10 years triggered by a volutarely created crisis.

So you mean that this current crisis is voluntary created crisis? the one you shown us is indeed a good indication that is but of the all the restart that we had this Corona virus is the most hurting and alarming,if this was created to be a restart, those who created has no conscience.

Well, I think that is a matter of perception. How many of the other crises did you witnessed and how many of those had a direct impact on your daily life? E. g. 2008 had high levels of unemployment as well, but it was just 8 years of debt economy and not 12 as we face now. Beside all that, US elections have a tendency to cause turmoil at the markets anyway, which last usually until the election is done, no matter who won.

Human life is not traded at the stock markets and therefore has no value - I don´t like that either, but it´s the truth as it seems


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: el kaka22 on June 05, 2020, 07:16:15 PM
Debt economy not being sustainable is obvious, yet they make it look like there is no other way. First of all let's get the reality out of the way, they always get bailed out because they pay millions of dollars in bribes to politicians on both sides and that causes the politicians to save these bankrupted companies with bail outs in order to keep getting that money. That is the reality of the situation. But, what they are using as a bait is the wrong fact that if they allow those companies to bankrupt, it will destroy the economy.

The reality is if a company is bankrupting it should be bankrupting, if that hurts the economy that is fine, at least the economy will suck for a while when those companies bankrupted and billions will be lost but will recover with companies that won't bankrupt next time around and be better in long term.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 06, 2020, 02:11:27 PM
I'm still in doubt about that they will put people's lives at risk just for a financial reset
The reality of what is happening right now is still shrouded in unsolved mysteries. The current set of evidence and facts is still in doubt by most of the world community. But it is not impossible Covid-19 is a very powerful weapon to be used as a rearrangement of the global financial system. If this is indeed true, Covid-19 is truly effective because its influence has damaged the global economy.

I do not really believe that this is propaganda, but whatever would be true if Covid-19 existed because the world needed improvements in the financial system, then I would say it was an extreme ideology. Killing a part of the population and making it a sacrifice to carry out a very cruel idea.

Killing to support financial and imperial agendas (the latter being an ultimate servant of the former) is far from unusual.  The US has just started a war that ended up killing half a million Syrians, in order to maintain fear by leaders around the world of the US-led imperial system.  Around a hundred years ago, World War I was joined by the US and UK, killing about a million Britons, for what?  The media is still struggling to explain.  What we do know is that the global financial bubble was moved from an over-indebted UK to a financially stronger US, while removing Germany as a threat to that bubble.

Those who are interested in more reality-based knowledge should read 'Confessions of An Economic Hit Man,' written by a former insider, on how the imperial system has really worked all along.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 06, 2020, 02:38:38 PM
Quote
A couple of weeks ago, I posted here my theory that the virus was released intentionally by China AND the Western elites to effect a reset of the global financial system.

Why China AND the western elites?Do you think that China and the western elites are working together instead of competing?There are conspiracy theories that China released the virus in order to damage the western economies,but I've never heard about your conspiracy theory.What's the point of China and the western elite actually trying to damage the world economy and kill thousands of people?
Only a psychopath can imagine such a devious plan.

Yes, different sets of elites can co-operate sometimes and compete other times.  When co-operation goes wrong, they might quickly accuse and threaten each other.  There are no permanent friends nor enemies in that world.

The circumstantial evidence that China and the West worked on the virus together, at least initially, are (Some of the following were mentioned in my other thread on the Coronavirus):

- The Western establishment at first spent an enormous amount of capital to defend China against suspicion that the virus came from a Wuhan lab.  Both mainstream scientists and media strongly stated that it was 'impossible' that the virus was lab made.  (Of course this tune has now changed.)  Why did they not use this as a opportunity to both attack China (as they normally use any opportunity to do so) and blame it for problems in the West caused by the virus?

- Somehow, the virus defeated containment efforts in all countries with major debt loads: China, US, UK, Japan, Italy, France.  Now their only choice is 'mitigation' which will affect their entire economies and financial systems.  If politics and incompetence caused containment to fail in a number of the above countries, that would be one thing.  But all of them?

- Countries in Eastern Europe, less controlled by the US-led global establishment, just happen to be much more able to contain the virus.

- HCQ, which is really a major piece of progress in treatment, is somehow not extensively used (and used properly) in any of the major debt-burdened countries.

By the way,there is clear evidence that hydroxychloroquine has horrible side effects,so we should NOT consider it the panacea that is going to end the pandemic and cure all infected people.

HCQ has been around for 7 decades.  Travelers to poor countries used to routinely take the drug before leaving in order to protect themselves from malaria.  Now we say it's harmful?  (BTW the Lancet study that claims HCQ has harmful side effects has just been retracted for fraudulent data -- this is just about the only major 'evidence' that HCQ is harmful.)


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 06, 2020, 02:47:03 PM
Latest news!

The major attack-piece on HCQ, the Lancet study, has been retracted because the data seems to be totally fraudulent.  E.g. the authors couldn't even name the hospitals who provided them with data, when their Australian data looked suspicious to some researchers.

Of course, since the mainstream media relied heavily on this study to attack HCQ just recently, we can now expect a full, immediate and highly visible announcement of their error.  ::)

Why would anyone do something like this?  Think of the enormous consequences in human lives.  Why would any perpetrator expect to get away with this?  So, what kind of power is behind this attack?

Think, and you will understand.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 10, 2020, 02:09:51 PM
If HCQ is indeed an unfairly maligned, highly promising treatment, it does look as if the entire US establishment, not just the anti-Trump politicians and media, and not just big pharma (who stand to profit from much more expensive future vaccines and treatments, whereas HCQ is a generic) is against HCQ, and are desperate to make sure patients don't get cured.  This would be consistent with my theory that the Coronavirus was released in order to effect a controlled, gradual reset of the financial system.
This is a flawed theory in many levels, when the virus hit you do not have enough data to come to a conclusion that whether one treatment was better than the other and to test that out it needs time. Initial it was like an experiment trying out different drug and everyone's body does not respond the same to different medication.

Even during these experimentation the main objective was to prevent the virus from entering the cells and then to prevent it from multiplying and for that they were experimenting with different drugs that are existing and used for other viruses.

So the idea about the virus is released as part of an agenda to reset the financial system is absurd, conspiracy theories does not require any proof so it was fun reading your theory  ;) :D.

Sure, there are variations in how each person responds to the virus, once exposed and/or treated.  But it's clear there are certain major known effects across the population as a whole.  (E.g. a certain percentage will get very sick and die.)

So, I don't see how my conspiracy theory can be rebutted on this basis.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 10, 2020, 02:17:44 PM
Looking at what Donald Trump said in his latest Press briefing, it hints at China blocking travel to major cities within China from Wuhan when it was first discovered that there were a breakout of Covid-19 but no restrictions was placed on travel to any other country. So it looks like China wanted to curb the spread of the virus in their country and not into other countries.  >:(

We all know that China wants to be the economic power house of the world, so it would make sense that they would want this virus to spread to the rest of the world and not within China. ( I am afraid that this strategy <if it was true> ..back fired on them, because this outbreak ruined their reputation in the rest of the world. People will always say that the outbreak started in China and that they hid this from the world. )

The question... was this a financial reset or the spark of a global recession.  ???

I know, the theory that China released the virus on the world from their lab (deliberately or accidentally) is one of the major narratives in the West today.

However, this much is certain.  China released the virus on their own population first, in a massive way.  They minimized information from October through late January about this virus, and arrested doctors and independent journalists who tried to warn people.  And they did this while about 5 million people left the Wuhan/Hubei area to infect the rest of the country (Chinese New Year travel, I imagine.)

The fact that China *seems* to have done a better job at responding to the virus once the disaster was in the news, doesn't mean the Chinese experience has been/will be fundamentally different from that of the West.  Basically, the virus is on the loose, and there's no vaccine or effective treatment (at least not that can be used.)  So, the economy and financial system have to suffer shutdowns due to periodic flare-ups of the disease among the population.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Nathanz on June 11, 2020, 09:29:51 AM
I saw a news that came from Netherlands that says Covid-19 came was lab made. I don't know if the news is true, but then we really can't ignore that it is possible for a powerful country to create this virus. No one knows. China is so powerful and we can't deny the fact that they have the ability to do such things.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: justdimin on June 11, 2020, 07:14:09 PM
Well, pandemic is not like the other crashes as you can see but there is really no point on arguing since it is kinda the same thing in the result so how it happened doesn't really matter. If you check the previous reasons why there was a crash it is all financial related and they all caused financial problems for the nation or the world sometimes, if you go waaay back before 90's you will see that there was ton more of those crashes and it was still mostly financial related as well.

The difference right now is the fact that there was a pandemic that caused people to stay at home as much as they can, which obviously has financial results but the reasoning are difference, it is health related reason why the crash happened so it is not the same, however the result is the same so there is really no point arguing about it.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: electronicash on June 11, 2020, 08:08:11 PM

this is more of a conspiracy theory.  but if you believe the world leaders are involve in setting this reset would they prefer to use BTC or beat BTC with their new system like the DCEP of China?

i for once wouldn't bet for BTC if they are really up for financial reset. they are still entirely not making any difference if governments are not going to destroy BTC.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: ecnalubma on June 13, 2020, 08:12:17 PM
Whatever is happening in the world right now war of elites and leaders, the primarily affected are the ordinary people and the poor. Virus is not the real threat in our world but the greed of leaders is the real threat, we humans are the primary key to our own extinction, arguments between leaders will never stop and there can never be peace on earth.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: MCobian on June 14, 2020, 01:43:07 AM
I am sure COVID19 is indeed man-made, if it is man-made it certainly has a certain purpose. And maybe the purpose of the financial reset,
indeed the situation now all countries experience an economic crisis. So it's possible in the long run that a financial reset can occur, and many
people deny the man-made COVID19. Because it is impossible for humans to sacrifice many lives for the sake of financial reset. Yet in my
opinion there are some people who are able to do anything for their purposes, including sacrificing human lives. Therefore the longer I get to
know my pet cat, the more I believe humans are scary.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Negotiation on June 14, 2020, 03:25:35 AM
I think COVID 19 is a human creation The source of this virus is entirely responsible for China to China They have usually caused this kind of disease for their own benefit but so far they have not been able to invent any vaccine. From the city of Wuhan in China It originated in China When the disease originated they have enough vaccines to cure it but they are keeping everything a secret It will take a long time for the virus to get under control.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: michellee on June 14, 2020, 08:28:13 AM
There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Paycoinzzz on June 14, 2020, 08:55:30 AM
We all know about the purpose of spreading China Virus. It's an inhumane act and they really want to rise up to dominate the world as soon as possible. but it's a dirty act and not a fair competition. I think Western countries and some countries that are seriously affected by epidemics should have sanctions against those who start the disease. I support this claim of justice.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Reatim on June 14, 2020, 11:31:13 AM
There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.
Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: TheGreatPython on June 14, 2020, 02:41:28 PM
It's an inhumane act and they really want to rise up to dominate the world as soon as possible. but it's a dirty act and not a fair competition. I think Western countries and some countries that are seriously affected by epidemics should have sanctions against those who start the disease. I support this claim of justice.
That is not proven yet but what we can do right now is the required thing for every country must think about. It is highly expected every aspect of our day to day life including finance related is going get reset. We are going to live a complete different life than what we had have in the past. We cannot have a regular income stream like before because industries are not going to run with all required 100% of employees which might lead to job losses. So, instead of looking for justice for unproven thing, governments must work of welfare of common people.

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.
Being defensive against virus or cured with already secretly invented medicine? We do not know what is exactly going on. But, China is trying to acquire all possible business world wide and at the same time many business are leaving China. From all these, we can assume world wide economic reset is going to happen for sure.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: michellee on June 15, 2020, 08:52:39 AM
There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.
Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.
We don't know. But I heard that the virus is from the USA which sent to China to be analyzed, but somehow, there is a leak happen after it arrives in the laboratory. I can not believe that China can cure people after 4 months because it needs a long time to found the vaccine. Besides that, the other countries still working on to find the vaccine too, and they claim to need more months before it can be found.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Assface16678 on June 15, 2020, 09:27:17 AM
Coronavirus is not a good thing to the most of the country at the first place when this pandemic outbreak is going to spread some of the transactions, businesses, trades, import, and export are rapidly stopped because they don't want to get infected easily on this virus after a few weeks and months some of the people are going to have a lack of supply and some of them does not have enough money to buy a lot of things they need on their daily living in some instance let's take a look back to the world of larg countries how about their GDP most of the country is still surviving because they have enough funds to help their people and still they have a good and stable economy for the meantime.

After this virus hits the china is one of the fastest recoveries on the world because some of them state that they are zero infections and after that, some of the countries are doing their best to make sure they reach this kind of a number of infected we called this as flattening the curve but some of the countries are still going trouble because they cannot do this easily and their GDP are falling and this is not a kind of reset because those are just countries which are developing stage to become one of the third world countries which is are another investment to their country again to live well.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 16, 2020, 02:21:50 AM
Well, pandemic is not like the other crashes as you can see but there is really no point on arguing since it is kinda the same thing in the result so how it happened doesn't really matter. If you check the previous reasons why there was a crash it is all financial related and they all caused financial problems for the nation or the world sometimes, if you go waaay back before 90's you will see that there was ton more of those crashes and it was still mostly financial related as well.

The difference right now is the fact that there was a pandemic that caused people to stay at home as much as they can, which obviously has financial results but the reasoning are difference, it is health related reason why the crash happened so it is not the same, however the result is the same so there is really no point arguing about it.

Oh, it is very important to know the true cause of the pandemic, don't you think?  Man-made (deliberate), man-made (accidental), or natural.

I would agree financial crises as such are more frequent than financial crises caused by other types of events.  However it is possible to find examples of deliberate deflating of financial bubbles to prevent a crisis.  Immediately coming to mind is the mid-80s actions by key US figures to 'talk down' the dollar, when the dollar was considered over-valued and in a bubble.  Then when the dollar dropped too quickly, forcing the Europeans to cheapen their own currencies to help stop the dollar's decline.  The result (the Plaza and Louvre accords) has been considered by mainstream economists as one of the most successful examples of recent policy making.

Another big example of preemptive stabilization was creating the 'international gold standard.'  After suffering one financial crisis every ten years or so in the early- to mid-19th century at home, the British Empire decided to push all major silver and gold-silver countries (France, Germany, US, other European countries) to adopt the gold standard and stop using silver as money.  Since Britain had been the only major gold-only country, this immediately increased her wealth against her commercial competitors, as the price of silver collapsed.  Even more importantly, with bank and central-bank co-ordination among the major countries, this effectively used the real economic power of all the major countries to support the value of British-issued paper assets.  The result was decades of 'peace and prosperity' in Europe and N. America, until 1914.

So it is possible, at certain times, for the global elites not to wait for a financial crisis to occur, but proactively defuse it and stabilize the system preemptively.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Naida_BR on June 16, 2020, 09:19:52 AM
Considering COVID as a tool of resetting the global financial system sounds like a conspiracy. I mean the system could be changed in a more humane way, what we see now is more like uncontrolled collapse.

There is no way to do an economic reset.
The most used and popular way to do so is via a war. This means that economies got devastated and then rebuild again in order to achieve bigger progress and higher returns in terms of GDP.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: jostorres on June 16, 2020, 09:05:03 PM
Now, I am not going to lie the corona virus pandemic did caused a lot of financial trouble to the whole world and I get that, it makes sense that it would create that type of issue, however we are talking about something much bigger than that, we are talking about companies crashing all the time because not ready for anything like this.

I get it, of course you get a bad financial situation with this pandemic and not really get any revenue for a while but seriously companies who are making billions of dollars worth of profit should be able to save a bit aside to survive not just few months but also over a year long without a single cent of revenue let alone profit. I am looking at some of the companies, one of them reported 1.4 billion profit, 4.4 revenue, which means 3 billion costs. This company has been around for 78 years and they crashed and declared bankruptcy for 3 months of lack of work, how? How did you not saved ANYTHING at all?


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: Reatim on June 17, 2020, 03:25:27 AM
There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.
Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.
We don't know. But I heard that the virus is from the USA which sent to China to be analyzed, but somehow, there is a leak happen after it arrives in the laboratory. I can not believe that China can cure people after 4 months because it needs a long time to found the vaccine. Besides that, the other countries still working on to find the vaccine too, and they claim to need more months before it can be found.
I have read that same articles when the laboratory is located in Wu wan thats why the virus started in that province .

But what ever the true reason and where this came from the problem is who will be blamed?and who will pay for all that damaged from lives to jobs and health that had been lost?

i think after this pandemic,there must be a deep investigation for which the true violators must be punished.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 22, 2020, 03:02:59 PM
... we called this as flattening the curve but some of the countries are still going trouble because they cannot do this easily and their GDP are falling and this is not a kind of reset because those are just countries which are developing stage to become one of the third world countries which is are another investment to their country again to live well.

The way the world system works, by design, the concerns of poor and developing countries are of lesser importance.  That is the nature of the system.  The system usually survives well without these countries being on board, since their governments typically will do what the 'top' countries ask them to.  This is one of the major features of unfairness of the world today.

If you're interested, look up Professor Wallerstein's 'world system analysis' that he developed over the decades.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 22, 2020, 03:14:28 PM
There is no way to do an economic reset.
The most used and popular way to do so is via a war. This means that economies got devastated and then rebuild again in order to achieve bigger progress and higher returns in terms of GDP.

Yes, war has historically been one of the major mechanisms for reset.  But it's probably very difficult to use war today, as all major powers have enough nuclear weapons to destroy the entire world.  Other, 'more humane' methods must be used.

If you think about it, covid shares many of the features of war, including:

- It is a test and competition of national strength (in which the West might have thought it was superior, but now might have second thoughts, since China has performed so well.)

- Any changes to the financial and monetary systems can be blamed on the event.

- It calls on the populace of every country to make sacrifices, including giving more power to the government to survey and analyze what used to be private actions.  This pleases the national security apparatus and those in power who want to manipulate 'free' markets.  These interests represent a big piece of the elite coalition.

- It helps point popular anger at those country(ies) that the Western-led system wants to contain or defeat, which in today's case is China.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on June 22, 2020, 03:28:10 PM
Now, I am not going to lie the corona virus pandemic did caused a lot of financial trouble to the whole world and I get that, it makes sense that it would create that type of issue, however we are talking about something much bigger than that, we are talking about companies crashing all the time because not ready for anything like this.

I get it, of course you get a bad financial situation with this pandemic and not really get any revenue for a while but seriously companies who are making billions of dollars worth of profit should be able to save a bit aside to survive not just few months but also over a year long without a single cent of revenue let alone profit. I am looking at some of the companies, one of them reported 1.4 billion profit, 4.4 revenue, which means 3 billion costs. This company has been around for 78 years and they crashed and declared bankruptcy for 3 months of lack of work, how? How did you not saved ANYTHING at all?

This is totally understandable.  What most people don't understand is the nature of a bubble-driven, distorted economy that we now call the pre-covid 'normal.'

In this distorted economy (as the financial bubble gets more and more fragile and extreme,) companies' products and services have less and less reason to exist, because more and more of it exists only because an unhealthy amount of wealth is being shoved into the pockets of the lucky.  When the lucky decide to cut some of their whimsical spending, the entire structure of demand for goods and services will come crashing down.  And based on history, this moment will come, whether we want it or not.

So the choice is not whether companies will be destroyed.  The choice is how and when, in controlled, or disorderly, fashion.


Title: Re: More Evidence of Coronavirus as Financial Reset
Post by: BobK71 on July 19, 2020, 02:26:40 AM
For the performance of HCQ, a picture may be worth a thousand words...

Case Fatality Rates by Country (https://postimg.cc/k2tLq2z2)