The Coronavirus as A Means of Financial Reset

[The Sceptical Chymist]

We know that the Western mainstream media are not simple reporters of facts.

I don't know if I buy any of the rest of this argument, but the above statement I completely agree with--and that's why I stopped paying attention to pretty much all news sources a long time ago.  I'm also fairly certain it's not just the Western media that can't be trusted.  That' seem to be a global thing.

Who knows, OP could be right about this strain of coronavirus being manufactured and unleashed upon the world.  It's sad that I've become too apathetic about such things that I don't even care to look at the evidence for and against that theory. 

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

[bitbunnny]

We know that the Western mainstream media are not simple reporters of facts.

I don't know if I buy any of the rest of this argument, but the above statement I completely agree with--and that's why I stopped paying attention to pretty much all news sources a long time ago.  I'm also fairly certain it's not just the Western media that can't be trusted.  That' seem to be a global thing.

Who knows, OP could be right about this strain of coronavirus being manufactured and unleashed upon the world.  It's sad that I've become too apathetic about such things that I don't even care to look at the evidence for and against that theory. 

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

Problem with media is global, yes, not only in western countries. Truth is becoming less and important, as well as to inform people in objective way, sensation and spectacle is something that sell news.
The problem is not all people are able to recgonize fake news or intentionaly created articles.
There a lot of conspiracy theories about this virus but I doubt that we will ever know the truth and if, how and where it was manufactured or not.
Personaly, I would like that humanity think on that virus as a message from nature that is still more powerful than human kind who should finaly stop destroying it.

[justdimin]

I always love it whenever someone comes up and says "THIS WAS A MAN-MADE VIRUS". There are literally only two things in my mind when I face something like this. First of all even if it was man made, what would anyone gain from spreading it? Literally if millions die all over the world, who gains what?

China lost apple, their biggest customer to India, and probably losing jobs by hundreds every single day right now, the economical crisis that they are having will be bigger than any in history, USA has thousands of people dying every single day and impending economical crash, Italy is brink of death situation, basically EVERYONE is having a trouble, NOBODY gained anything, so why would anyone want to spread a virus that helps NOBODY.

Secondly, even if there was, how does this help us? Like lets say someone made a virus and spread it for their own gain, PEOPLE ARE STILL DYING, how could you not see the real issue here, even if you are right, IT IS NOT A SOLUTION, we do not have a cure, we do not have a result, why would we care how it happened when we can't even stop it to begin with, first we gotta start not dying before we start discussing politics.

[figmentofmyass]

the crisis might cause defaults in smaller/weaker countries, but i remain unconvinced that it will actually end the debt bubble in the USA and china. there are certainly no signs of that yet. on that basis alone (weak motive) i would really have to question kooky conspiracy theories like these.

in fact, despite all the monetary stimulus, the crisis seems to be reinforcing the USD's role as "safe haven" reserve currency: https://www.bloomberg.com/news/videos/2020-05-12/u-s-dollar-to-be-broadly-stronger-td-securities-s-kotecha-video

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

he was impeached by the house but acquitted by the senate in february. one might argue that the media focus on the senate trial (and quite probably trump's own focus on it) took away from any sense of urgency around the coronavirus at the time. when the outbreak exploded, it quickly became yesterday's news.

[Febo]

That said, the question remains, why have the Western media and the small circle of involved mainstream scientists (e.g. Daszak, Fauci, etc.) been covering for China and vigorously dismissing any theory that the virus came from a lab?  (For example, ZeroHedge got its Twitter account suspended just for being the first to report some Indian scientists' findings of possible genomic manipulation in the virus' creation.)

It dont matter where it come from. Now is here. And we have to take care of it. If some terrorist will launch a nuclear bomb in your city it will be the same. You will have to die or live with it. It will no matter to you who did it. A lot of people live on Earth so a lot things can happen to us all. We should not take any day we live in happiness as granted.

[davis196]

We can go with made up conspiracy theories all day long.
China and the west benefiting from the pandemic?What's the benefit?Global crisis?I don't think so.
The virus is deliberately spread across the world in order to cover the real reason behind the upcoming financial crisis and to be used as an excuse for the crisis?Hell yeah,lets kill hundreds of thousands of people just to hide the cause of a global financial crisis.Sounds absurd to me.
Creating a pandemic just to save the fiat banking system?This is a devious plan created by the free masons,reptiles and the illuminati.I'm 1000% sure about it.

[Latviand]

the crisis might cause defaults in smaller/weaker countries, but i remain unconvinced that it will actually end the debt bubble in the USA and china. there are certainly no signs of that yet. on that basis alone (weak motive) i would really have to question kooky conspiracy theories like these.

in fact, despite all the monetary stimulus, the crisis seems to be reinforcing the USD's role as "safe haven" reserve currency: https://www.bloomberg.com/news/videos/2020-05-12/u-s-dollar-to-be-broadly-stronger-td-securities-s-kotecha-video

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

he was impeached by the house but acquitted by the senate in february. one might argue that the media focus on the senate trial (and quite probably trump's own focus on it) took away from any sense of urgency around the coronavirus at the time. when the outbreak exploded, it quickly became yesterday's news.

I don' think that crisis will cause defaults because somehow there are things that are affected by this virus that can't be repaired or recovered. We can go back to start again after this pandemic but I guarantee you that it will never be the same for us. There are lives that have been caught by this coronavirus and we can't bring them back and in terms of the economy, I'm pretty sure that the government will have a hard time recovering from this disaster brought by the virus.

The stock market of USA crashes that's why I think their economy will be also damaged, so the USD will become somehow affected. It depends on the government of US if they can recover and retrieve all of their losses due to this pandemic because honestly, they don't have a good leader, Trump is really not a good president.

[Haunebu]

Who knows, OP could be right about this strain of coronavirus being manufactured and unleashed upon the world.  It's sad that I've become too apathetic about such things that I don't even care to look at the evidence for and against that theory. 

You really agree with this insane conspiracy theory? Color me surprised. I have heard many of these useless theories, but this one takes the top spot in my opinion.

USA and China are basically at war with each other currently thanks to this virus and op thinks they are working with each other. Hilarious.

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

He is in a far worse situation now thanks to this virus which is why I don't see him gaining anything from this situation. His involvement in these theories doesn't make any sense at all.

[abhiseshakana]

the crisis might cause defaults in smaller/weaker countries, but i remain unconvinced that it will actually end the debt bubble in the USA and china. there are certainly no signs of that yet. on that basis alone (weak motive) i would really have to question kooky conspiracy theories like these.

in fact, despite all the monetary stimulus, the crisis seems to be reinforcing the USD's role as "safe haven" reserve currency: https://www.bloomberg.com/news/videos/2020-05-12/u-s-dollar-to-be-broadly-stronger-td-securities-s-kotecha-video

Wasn't Trump facing impeachment before the outbreak?  I was only partially paying attention to that, but then that story just disappeared from media altogether.

he was impeached by the house but acquitted by the senate in february. one might argue that the media focus on the senate trial (and quite probably trump's own focus on it) took away from any sense of urgency around the coronavirus at the time. when the outbreak exploded, it quickly became yesterday's news.

The US is a barometer of the world economy and the economic slowdown in the US will have an impact on the economies of other countries around the world. The contraction in China will also have an impact on other countries. Assuming that if large countries have difficulty controlling the economy during a pandemic, what about developing and poor countries whose economic foundation is fragile and still relies on debt as capital.

American political conditions and also the game of world hegemonic actors behind the ruling party certainly affect the global order. Sometimes we can only observe while asking "where are they being taken or what kind of world is shaped by them?"

The banking crisis has also begun to haunt developing countries due to high loan to deposit ratio and non-performing loans. For export trading companies, pandemic conditions bring good prospects for business if we can take advantage of the moment. Declining demand brought the purchase price down, even though the selling price also fell, but with the strengthening dollar brought extra profit for me.

Individuals currently have little choice but to move the microeconomy to prop up or drive a small turnover. In the present condition, the community only hopes and relies on the government to immediately resolve it. If the resolution drags on, the fear of chaos will increase.

[Reid]

My guts also tells me that is what really happened.

Who gets sickness from eating bats that had been boiled?
No, I don't think so. Even if that is the dirtiest or all the animals in the world.
Once boiled you took out all the germs in it. Plus, there is your stomach who will also help from heating it up and digesting it.
Then you have your own resistance to fight it.
So, where did it really come from?

If there will proofs that this was meant to attack other countries to lose their balance we might see more countries fighting each other.
Is China really hurt about this pandemic with their countrymen or is this just a way to lessen their population?
But this are still speculations. I hope they will find the real answers.

[MCobian]

In my opinion it is very clear that the corona virus is not natural from nature, but the corona virus is like a human-made one. There are still many
unsolved mysteries related to corona virus. I also cannot accuse the Chinese state of creating this corona virus, there is no strong evidence related
to this. To be sure this corona virus makes many countries in the world experience an economic crisis. And surprisingly, China's economy is stable,
compared to others. So I can understand why many people accuse China of creating this virus. But actually I do not care who created this corona virus,
for me the corona virus can be found vaccine immediately, so that the spread of the corona virus can be stopped. I also agree that the Corona virus is
making financials around the world like reset from the beginning again. Hopefully financially all countries in the world can rise and return to normal.

[BobK71]

To answer many of the new replies, that the economic crisis is so bad and chaotic that our ruling masters can't possibly want it, think of the following:

Let's just say the pandemic economy will be worse and less predictable than a 'normal' financial crash.  (In fact this question probably can't be answered 100%.)  The entire problem is blamed on a virus, not the poor (deliberately poor?) design of the world monetary and financial systems.  People would not be calling for a revolution to reform the entire system from the bottom up, as they almost did after 2008 (and in fact will likely submit to new surveillance.)  This is still a win for the top elites, if not the world, as compared to what a market-driven crash would do.  (You could even argue that the latter would result in more deaths indirectly.)

Like I always say, it's not that the elites want to, but that they have to.

In fact, this is looking more and more like a carefully controlled reset.  For example, the stock market has been bouncing back and forth, and just yesterday the Fed's Powell made a speech that reversed its recent rise.  I'm certain that all fiat-money-based financial asset values will go down eventually, because either that will be the whole point if the virus was intentionally released, or it will be made to happen once the elites realized the virus just gave them an opportunity.  The key is to stabilize the world system by reducing the value of claims on wealth, to be more in line with the value of the wealth itself.

[Hydrogen]

They say necessity is the mother of all invention. Imagine that you personally have a radical agenda you wish to implement. What is the best method of convincing others to accept your proposal?

Well, it just so happens that the best method of convincing the public to accept extreme solutions(see: agendas) is to create an extreme crisis.

The last 100+ years of history are dotted with extreme crisis that were created specifically to push radical agendas. The war on drugs, the war on terrorism, the war on climate change and global warming. All of these events and more were deliberately manufactured. Utilized to push radical agendas, which force people to accept increasingly worse laws, terms and living conditions.

Just look at how the war on drugs, war on terrorism and the war on corona virus have been used as excuses to push state surveillance while eroding protections relating to newly introduced warrantless searches/seizures.

The corona virus is simply the latest in a long line of extreme crisis' manufactured and deployed to convince the public to accept yet another radical agenda, they wouldn't accept under less severe circumstances.

Those are the basics.

[coolcoinz]

We can go with made up conspiracy theories all day long.
China and the west benefiting from the pandemic?What's the benefit?Global crisis?I don't think so.
The virus is deliberately spread across the world in order to cover the real reason behind the upcoming financial crisis and to be used as an excuse for the crisis?Hell yeah,lets kill hundreds of thousands of people just to hide the cause of a global financial crisis.Sounds absurd to me.
Creating a pandemic just to save the fiat banking system?This is a devious plan created by the free masons,reptiles and the illuminati.I'm 1000% sure about it.

Actually, many countries feel like weakening their neighbours by any way possible is for their own benefit.
Russia wants to weaken NATO countries and the EU, North Korea wants to weaken the US and South Korea, China would benefit from weakening Japan and the other way round, Ukraine would benefit greatly from a weakened Russia... I could go on.

I don't really believe in the reptilians and other crazy theories like that, but I believe in the Bilderberg Group, the Masons, and other similar organizations.
They make a lot of sense and there's plenty of proof for their existence. If you had a lot of money, wouldn't you want to realize your own research projects, shape the economy and political balance even if it meant breaking laws and conventions? This is what these groups are all about.

[Casdinyard]

In my opinion it is very clear that the corona virus is not natural from nature, but the corona virus is like a human-made one. There are still many
unsolved mysteries related to corona virus. I also cannot accuse the Chinese state of creating this corona virus, there is no strong evidence related
to this. To be sure this corona virus makes many countries in the world experience an economic crisis. And surprisingly, China's economy is stable,
compared to others. So I can understand why many people accuse China of creating this virus. But actually I do not care who created this corona virus,
for me the corona virus can be found vaccine immediately, so that the spread of the corona virus can be stopped. I also agree that the Corona virus is
making financials around the world like reset from the beginning again. Hopefully financially all countries in the world can rise and return to normal.

We only accuse China of creating this virus coz they are leading the world, but if the virus originated from country like Scotland, Denmark or Sweden we would not be focusing on what could be the virus is, either man-made or natural. The America have already told the media that the virus was indeed from the nature, there is no scientific evidence that it was genetically arranged nor deliberately created. What we should be looking for now is the vaccine, we should have it as soon as possible so we can get back to our normal lives, although there will be a huge changes.

[Haunebu]

We only accuse China of creating this virus coz they are leading the world, but if the virus originated from country like Scotland, Denmark or Sweden we would not be focusing on what could be the virus is, either man-made or natural. The America have already told the media that the virus was indeed from the nature, there is no scientific evidence that it was genetically arranged nor deliberately created.

Leading the world? What? You do realize that the US and Russia are the true superpowers followed by the rest of the world, don't you? China is a powerful force, but they are rightfully being blamed for the current pandemic since they failed to contain it in Wuhan.

I don't buy the conspiracy theories myself, but the Chinese government should be held responsible for this disaster. I am not a Trump fan, but I agree with his stance against the WHO and the Chinese government.

[figmentofmyass]

Let's just say the pandemic economy will be worse and less predictable than a 'normal' financial crash.  (In fact this question probably can't be answered 100%.)  The entire problem is blamed on a virus, not the poor (deliberately poor?) design of the world monetary and financial systems.  People would not be calling for a revolution to reform the entire system from the bottom up, as they almost did after 2008 (and in fact will likely submit to new surveillance.)

i dunno about that. under your scenario, we are pushing towards wiping out all debt. that's a dream come true for the world's poor and middle classes. it's a nightmare for the elites.

The corona virus is simply the latest in a long line of extreme crisis' manufactured and deployed to convince the public to accept yet another radical agenda, they wouldn't accept under less severe circumstances.

was the 1918 flu manufactured too? there is a big difference between deliberately manufacturing a crisis, and exploiting an existing one in furtherance of power and financial gain. governments and political elites have a long history of the latter.

I don't really believe in the reptilians and other crazy theories like that, but I believe in the Bilderberg Group, the Masons, and other similar organizations.

oh ok, i'm glad we got that cleared up.

[BobK71]

It seems that it will help much if another central concept is clarified:

What exactly is a financial reset?

We live in a world where the value of claims to wealth (financial assets) is much greater than the value of actual wealth (goods and services,) at today's prices.  The reason why the holders of the claims don't rush to redeem them before they lose value is that the state-bank elites in every country have made it clear that they will use political power and financial muscle to prop up the 'market' value of the claims, one way or another, and have succeeded over the decades.  These are basically the conditions of a bubble.

(That is, many holders of stocks, bonds, and real estate base their decisions on how long they can live on their wealth, by assuming current price levels.  But if they all tried to buy goods and services with their wealth at the same time, there would be no way the prices would stay the same.)

However, this entire propping-up process has many perverse incentives, the instability grows faster and faster, and the bubble can only last so long, in the final analysis.  It doesn't matter how much the elites would have liked it to last forever.  Either by market forces or by engineering, the value of the claims will become much more equal to the value of the goods and services.  This is what I meant by a reset.  After a reset, the system becomes stable, and the elites can go back to their normal (and less stressful) game, until the next crisis.

So, how does a reset work?  Since the root problem is a mismatch of the above two values, either one value comes down, or the other goes up, or a combination:

Default/deflation:  Debt is unpaid, stock market and/or real estate value drops, government pursues austerity, etc.  This brings down the value of financial assets and is economically painful.  People lose business, jobs, and retirement savings.

Devaluation/inflation: The currency is devalued against a reserve currency, and/or gold/silver/Bitcoin, the elites print or borrow more money to flood the economy with, the government rescues businesses and/or individuals with money, etc.  This brings up the prices of goods and services in state money terms.  All debt loses value by inflation.  Rich and old people lose wealth, but the young and able will find jobs.

A reset can be a combination of these two major processes, as I mentioned.  During the Great Depression in the US, many banks failed (deflation), but the government also devalued the dollar against gold, created more dollars, and started the New Deal program of spending money to give people jobs (inflation.)

These are the basic, major components of a reset, but there are others: financial repression, market manipulation (helped by surveillance), making other countries help support your asset values (imperialism,) and economic growth.  The precise nature of a reset is up to the elites and depends on conditions on the ground, and will probably be different every time.  What the elites most desire is control of the process.  What would be the worst thing for them is a disorderly market crash.  So, here is the incentive for creating something like a virus or a war.

Hope this helps clarify my positions on some things, and I'm sorry if I can't reply to every point individually.

[Hydrogen]

was the 1918 flu manufactured too? there is a big difference between deliberately manufacturing a crisis, and exploiting an existing one in furtherance of power and financial gain. governments and political elites have a long history of the latter.

What would you think if a virus arose. That had all known symptoms of chickenpox while attacking the human immune system virtually identical to HIV/AIDs. If you were a scientist and needed to guess whether this new virus was naturally occurring or human engineered. What would your conclusion be?

It might help to think about scientists initially treating the new corona virus with anti HIV/AIDs medication due to it attacking the immune system virtually identical to how HIV/AIDs does. I think it would be accurate and fair to say the new corona virus is like a hybrid between SARS and selective portions of HIV. The SARS portion makes the virus airborne and very infectious while attacking the lungs. The HIV portion attacks the immune system for a two pronged assault. Going on basic science alone, when in history have we encountered something like this? People talk about it as if its the same as the 1918 pandemic. It might be fair & accurate to say the new corona virus is in many ways the complete opposite of the 1918 pandemic.

The new corona virus' tendency to attack the immune system leaves patients in a compromised state which makes them more vulnerable to conditions like pneumonia. Which is one of the main reasons why corona is being labeled the cause of death, in circumstances where people die from complications, rather than the virus itself. 100% identical to HIV/AIDs before treatments were developed to contain it. This is a relevent point as we may see the HIV portions of corona naturally breed out of it as time passes -- if it was indeed human engineered.

It seems that it will help much if another central concept is clarified:

What exactly is a financial reset?

We have already witnessed the initial phases of a financial reset.

Post 2008 financial crisis, nations like hungary were depleted and left in dire need of capital. They were bailed out by banks who demanded certain political measures be adopted in exchange for loans. Hungary resented the interference, which later led to them kicking banks out of the country after their 2008 stimulus loans had been repaid in full.

Here we see news stories appearing to confirm this:

The George Soros foundation says it is being forced to close its offices in Hungary

https://www.cnbc.com/2018/05/15/the-george-soros-foundation-says-it-is-being-forced-to-close-its-offices-in-hungary.html

2008 wasn't the only time circumstances similar to a financial reset have arisen. There are other examples in history we can draw from. If anyone is interested in walking that road. Which I seriously doubt.

There's not much that needs to be said. People will make their choices and there isn't much if anything anyone can do about it.

[brotherwood12]

there's alot mystery about how this virus come from , some said it was created by china and etc , but i agree that this will reset tthe financial of everyone , all chart are down , and we need to survive from this