Fooled by What We Measure, Enlightened by What We Don’t Measure

By Charles Hugh Smith

Source: Of Two Minds

Economists and pundits are falling all over themselves to declare the US is chugging along splendidly, and to express their frustration with the public for their curmudgeonly lack of enthusiasm. For example: If this is a bad economy, please tell me what a good economy would look likeWe should acknowledge that things are going well, even as we continue to look for problems to solve and How the Recession Doomers Got the U.S. Economy So Wrong.

My intention is not to slam Noah Smith or Derek Thompson. I follow their work and gain value from their analysis.

The point I want to make is we only manage what we measure, and the reliance on statistics that are overly broad and easily distorted/gamed leads to generalizations that ignore consequential cause and effect: we are fooled by overly broad and easily distorted/gamed statistics and enlightened by looking at what is not measured or measured inadequately.

The consensus holds that inflation is declining rapidly and unemployment remains low, so the economy is doing great. Please glance at Chart #1 below to see what enthuses the mainstream: the unemployment rate is near historic lows.

But this measure leaves out a great deal of consequential factors. It’s well-known that the unemployment rate is distorted / gamed by leaving out everyone who is in the workforce but not “actively seeking work.” So what does this official unemployment rate actually measure? Not the percentage of the workforce that has a job.

Nor does it measure underemployment–those working far below their potential–or job insecurity or the percentage of workers being pushed into burnout–all consequential reflections of the real economy. All of these are potentially causal factors in why US productivity has fallen so dramatically.

And speaking of productivity, that’s the ultimate source of prosperity–not speculative bubbles or debt-binging. If productivity is tanking, eventually there are negative economic consequences that will be distributed to some segments of the populace, very likely asymmetrically.

Such a broad-brush measure also ignores the consequences of demographics. Please glance at chart #2 below, of the 55 and over population and workforce. Note that virtually all the 20+ million jobs the US economy added in the past two decades are in this older workforce, which is of course steaming steadily into retirement, even as the percentage of this cohort who continues working has soared.

In other words, virtually all the job growth is the result of older workers working longer. Yes, 70 is the new 50, but try doing the same work at 70 that you did when you were 50. Sure, some people forego retirement because they love their work so much, but we don’t measure how many are still working because they have to for pressing financial reasons.

Have you observed the age of service workers and skilled workers recently? Do you reckon they really love working at Burger King so much that they’re doing it for enjoyment?

What if we measured financial pressures and job insecurity rather than risibly bogus “unemployment”? Would the economy still look so wonderful and resilient?

Chart #3 shows that virtually all the population growth ahead is in the cohort of older workers 65+ years old heading into retirement. So the workforce is rapidly aging and the unspoken / unexamined assumption is tens of millions of new workers will enter the workforce with the same skills, motivation, dedication and values as the tens of millions retiring.

But the demographics simply don’t support this breezy assumption.

Now glance at chart #4 which depicts the extraordinary rise in the number of workers who are now disabled. The causes of this are being debated (the pandemic obviously plays a role), but 2.5 million workers leaving the workforce in a few years is something that could be consequential if the trend continues. An assumption that this is a one-off is baseless until proven otherwise.

Once again, demographics, productivity and factors such as disability and burnout are not part of the unemployment, GDP and inflation measures currently being touted as proof of economic nirvana.

Item #1 of what’s not even measured is the crapification of goods and services. I addressed this in The “Crapification” of the U.S. Economy Is Now Complete (February 9, 2022) and Stainless Steal (February 26, 2023).

How do we measure the “inflation”–i.e. a loss of purchasing power–when appliances that lasted 20 years a generation ago now break down in 5 years? Where does that 75% decline in utility and durability show up in the official inflation data? How about the tools that once lasted a lifetime now breaking after a few years?

It’s been estimated that America’s food has lost 30% of its nutritive value in the past few decades. Protein per gram has dropped, trace nutrients have dropped, and so on. Rather than pursue sustainably nutrient-rich soil, Big Ag has maximized profits by dumping natural-gas-derived chemical fertilizers on depleted soil to boost production of nutrient-poor, tasteless “product.” A product deemed “organic” offers no guarantee that the soil isn’t depleted of nutrients.

Could this decline have anything to do with the American populace’s increasingly poor health? Nobody knows because these massive declines in quality and value aren’t measured and are certainly not part of the risibly bogus measures of unemployment, GDP and inflation.

The official inflation rate ignores the multi-decade decline in the purchasing power of wages. Rents have soared 25% in a few years, and economists are looking at 5% increases in wages and worrying about the potential inflationary impact of workers’ wages not keeping up with real-world inflation.

Cheerleading economists and pundits never mention the $50 trillion siphoned from labor by capital over the past 45 years. They also don’t mention the rising trend of loading more work on employees rather than hire more employees, or as a response to not being able to find qualified new hires.

Funny how rosy the picture can be tinted when all the consequential forces are ignored. But this studied ignorance characterizes the American elite, who delight in whining about airfares and travel delays, and finding someone to fix their pool pump. I address our Terminally Stratified Society here:

The Wealthy Are Not Like You and Me–Our Terminally Stratified Society (August 3, 2023)

This protected elite don’t have to put up with the crapified goods and services which generate their capital gains and income. Their wealth and income enable their detachment from the crapified economy the bottom 90% experience. Their experience of the bottom 90% is as service workers, delivery people, etc. who serve their entitled tastes.

Correspondent Tomasz G. provided a telling excerpt from Houellebecq’s The Possibility of an Island:

“… the rich certainly like the company of the rich, no doubt it calms them, it’s nice for them to meet beings subject to the same torments as they are, and who seem to form a relationship with them that is not totally about money; it’s nice for them to convince themselves that the human species is not uniquely made up of predators and parasites… “

As correspondent Ryan R. observed, America’s privileged elites“were born on third, stole home (via asset inflation) and still think they hit that home run.”

We know who the parasites are, but economists and pundits are safely blind to America’s neofeudal aristocracy. After all, who butters the bread of economists and pundits?

Is it unsurprising there are no measures of neofeudalism or elite privilege? As for the incredible concentration of wealth in the top tiers and the resulting decline in the bottom 90%’s share of the nation’s wealth–nothing to see here, just globalization and financialization doing their thing. What matters is booking my next flight to yet another conference of economists and pundits where we nod our heads and dare not admit all the conferences are nothing but echo chambers of the privileged elites.

Cheerleading economists and pundits completely ignore the consequences of the system being rigged to favor capital and the already-wealthy who were given the means to buy assets back when they were cheap and affordable to the middle-class. Now that the system generates speculative credit-asset bubbles to create “the wealth effect,” assets such as homes in desirable regions are out of reach of the bottom 90%.

Please study the six charts below of wealth inequality. Try not to laugh out loud when you see that the top 1% reckon that “coming from a wealthy family” has near-zero impact on “getting ahead in America.”

Also note the steady decline in the middle class percentage of national wealth, and how the middle class’s share only rises when the credit-asset bubbles that have enriched the top 10% deflate, a bubble-pop that never lasts longer than a few months thanks to the policies that favor the already-rich at the expense of those who don’t own stocks, rental properties, municipal bonds, etc.

Economists and pundits steer well clear of the eventual social and political consequences of America’s entrenched neofeudal wealth-income inequality. That this neofeudal configuration is inherently destabilizing–never mind, we don’t measure that, look at the wunnerful unemployment and inflation charts!

Lastly, consider the skyrocketing federal debt in terms of how many jobs are created in the era of soaring federal spending and debt. (Charts courtesy of CH / Economica) Debt doesn’t matter to economists and pundits, and neither does its diminishing effect on GDP and employment. The same can be said of total debt (public and private), which is skyrocketing (last chart): diminishing returns writ large as higher interest rates are embedded in the policy excesses and neofeudal structure of the past 45 years.

In essence, nothing that is consequential is properly quantified, so the pundit class keeps insisting everything is wunnerful and is mystified why people are so foolishly dissatisfied with our wunnerful economy. The reason why people are not buying the fantasyland story is they have to live and work in the crapified real economy, as serfs serving the economist-punditry-elite aristocracy.

If we want to avoid being led astray by misleading measures, we must seek enlightenment in what isn’t being measured or is cast aside as inconvenient to the “economy is wunnerful” party line.

“Bidenomics” Is A Fraud Based On Deliberately Misrepresented Stats

By Brandon Smith

Source: Alt-Market.us

Economic issues are some of the most politically abused issues often because the data politicians exploit is easy to present out of context. The vast majority of the public doesn’t spend their time immersed in the intricacies of monetary policy, unemployment stats and the processes of inflation vs deflation. They hear a soundbite on the news or social media once in a while, assume it must be true and then go on with their day.

This is how economic crisis events always seem to take the population by surprise – The establishment tells people all is well and no one questions the narrative in the face of numerous warning signs. Sometimes, the populace continues to believe that everything is fine despite the financial framework burning down around them, all because the “experts” continue to convince them that recovery is “right around the corner.”

There are numerous incentives for government officials and mainstream economists to mislead the citizenry with tales of imminent prosperity in the midst of instability. Primarily, the goal is to keep the middle-class population as docile as possible so that they don’t revolt until it’s too late (the middle class being predominantly conservative, and the greatest threat to any corrupt regime). Understand that economics is the root of power, and economic perception is the key to influencing the masses.

Hidden Indicators And Rampant Money Printing

The reality is that the US was hurtling towards stagflationary disaster ever since the crash of 2008, when Barack Obama and Joe Biden (with the help of the Federal Reserve) oversaw the near doubling of the national debt from $10 trillion to almost $20 trillion – The most egregious abuse of monetary policy that the US had ever seen.

And, keep in mind this was only the officially reported cash. Because of pressure brought by people like Ron Paul in 2011, the government was forced to pursue a limited audit of the Federal Reserve bailouts at that time. This revealed at least $16 trillion created from nothing by the Fed to prop up the failing system.

In 2006, right before the derivatives collapse, the Federal Reserve conveniently and abruptly ended their M3 money supply report. They now only report the M2 money supply, which does not include the vast assets held in corporate coffers, large time deposits in banks, institutional money market funds, short-term repurchase agreements (repo), and larger liquid assets. It was as if they knew an inflationary event was about to take place and they needed to obscure the evidence.

In other words, in economics there is the “official government data” and then there is the REAL data, which is sometimes so hidden it is impossible to quantify.

Even if we only go by the M2 report, the money supply skyrocketed starting in 2020, and rose exponentially through 2021 and 2022 – It jumped by 40% in only two years. This is why the cost of most necessities has risen 25% or more.

I’m sure most readers have noticed that inflation is not going away despite Joe Biden’s claims that he has “cut inflation in half” under his “Bidenomics” plan. This is because inflation is cumulative. The CPI might fluctuate, but the effects of inflation remain as prices tend to increase and stay high perpetually.

There Is No Such Thing As “Bidenomics”

The supposed financial progress that Biden is trying to take credit for has nothing to do with Biden’s policies. Not a thing. Unless, of course, you count market manipulation as a positive.

For example, the reduction in CPI is directly related to the continuous interest rate hikes of the Federal Reserve, which Biden has zero control over. The Fed is autonomous and makes its decisions independent of the White House or government. This is a fact openly admitted by former chairman Alan Greenspan. When the fed raises rates, debt becomes more expensive, lending slows down and thus the economy slows down.

One of the only ways that Biden can influence CPI is through artificial deflation of energy prices. The Biden Administration has been dumping US strategic oil reserves on the market for the past year as a means to suppress oil prices, thereby directly and indirectly keeping the CPI numbers down. This is not progress, it’s economic fraud.

The misuse of stats extends to other sectors, such as Biden’s attempt to take credit for the recent reduction in the US deficit. Again, this has nothing to do with Biden; the Fed’s interest rate hikes make it more expensive for the government to take on debt, therefore, debt spending drops.

It’s also not a situation that signals a recovery in the economy – The Fed continues to hike rates supposedly to stall inflation, but higher rates in a debt heavy environment lead to inevitable deflationary upheaval. As I predicted a year ago, the Fed is continuing to increase interest rates until this happens.

Employment Miracle Or Employment Scam?

This issue has been brought up by many analysts but I’ll touch on it again here because Biden is relentless in his falsehoods when it comes to employment data. FACT: 72% of all “new jobs” Biden takes credit for were originally lost during the pandemic lockdowns. The very lockdowns which Democrats avidly enforced and tried to keep in place perpetually. You can’t take credit for “creating” jobs that you are responsible for destroying.

In terms of higher labor demand, the pressure is in low wage service sector jobs and these are the majority of jobs added since Biden took office. And, this rush into retail/service was purchased with $8 trillion+ in covid stimulus cash along with a moratorium on rent and student loan payments. That much extra money in circulation buys at least a few years of consumer spending, propping up jobs numbers.

Throughout history, such gains from inflationary actions and government interventions are always short term, and they always end with a dramatic plunge in employment once the effects subside.

Biden’s Fake Manufacturing Boom

Biden has recently touted a jump in US manufacturing as the latest achievement of Bidenomics, but like every other claim he makes, you have to look at the context. These are not free market manufacturing facilities built according to market demand. Rather, Biden is pumping billions of taxpayer dollars into green tech, once again artificially engineering a “manufacturing boom” through government subsidies for products that have limited demand.

Biden wants to rig the demand, too, by enforcing climate laws which make gas, oil and coal sources too expensive and solar panels and wind turbines cheaper by comparison. For example, Biden is increasing costs for oil and gas exploration on federal lands, while greatly lowering the prices for building solar farms on federal lands. In other words, the government uses your money to create factories for green tech and then creates laws which force people to use that green tech.

In the meantime, Joe’s manufacturing “boom” paid for with tax dollars also comes at the cost of America’s oil, gas and coal industries, not to mention less energy freedom for the general public. It’s socialism, not a revolution in domestic manufacturing.

For Biden, The Key Is To Create As Many Government Cash Injections As Possible Until 2025

You want to know why Democrats are so angry that the Supreme Court blocked Biden’s plan to make taxpayers cover student loan debts? It’s not because they care about naive college kids who paid too much money for garbage degrees – It’s because student debt relief would immediately add trillions more in spending in the short term to the US economy.

An interesting side effect of the college loan moratorium is the surprising credit boost – As soon as college loan payments were put on hold, millions of former students had their credit ratings increase by default. Meaning, they could now hike their credit limits and spend MORE money they don’t have. It’s an incredibly sneaky way to artificially prop up the system WITHOUT using direct stimulus measures that rely on the central bank. This false boost will disappear by October of this year.

Biden’s constant attempts to introduce infrastructure programs are another way the government can create the illusion of recovery by using debt spending as a means to mitigate the signals of greater fiscal decline. Without Fed stimulus it’s the only option Biden has, and as rates rise it becomes costly.

The bottom line is this – The US economy is on a short timetable as long as the Fed continues to raise interest rates into weakness as a means to suppress inflation. As we witnessed in the spring, higher rates are already breaking the back of mid-tier banks across the western world and the Fed’s backstop funds are only enough to stall the debt crisis for a time. I continue to predict that once the Fed Funds Rate is raised to 6% or more, we will once again see a banking calamity similar to the 2008 crash, but this time if the Fed steps in with a bailout hyperinflation will be the immediate result.

Bidenomics is a sham in every respect. Anything that could be considered an economic improvement is due to the Federal Reserve playing the odds with interest rates. A massive 40% increase in the money supply sure helps in obscuring fiscal weakness as well. Luckily, nearly 60% of Americans in recent polls say they aren’t buying the Bidenomics fairytale – They see the dangers around them every day.

The covid event was a catalyst that revealed all the weaknesses of the US system that many of us in alternative economics have been warning about for years. And now it seems as if the establishment is trying to drag things along for just a little while longer. The reason why is up for speculation, but the fact remains that a broken structure cannot be propped up with stop gaps. I’m doubtful that Biden will be able to ride the wave created by covid stimulus until the end of 2024. Something has to give.

Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time

By Charles Hugh Smith

Source: Of Two Minds

This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills.

The labor force and the job market are referred to as if they were monolithic structures. But they’re not monolithic, they are complex aggregates of very different cohorts of age, skills, mobility, education, experience, opportunity, potential and motivation.

As a result, numbers such as the unemployment rate tell us very little about the labor force and the job market in terms of what matters going forward. So what does matter going forward?

1. Demographics–the aging and retirement of key sectors of the work force.

2. Skills and experience that will be increasingly scarce due to mismatched demand for skills that are diminishing as older workers retire.

3. What skills and experience will be demanded by re-industrialization, reshoring and expanding the electrification of the economy.

Consider these two charts of the US work force by age. (Courtesy of CH @econimica) In the first chart, Total US Employees, note that the prime working age work force (ages 25-54) has been flatlined for the past 20 years at 101-102 million. In contrast, the 55-and-older cohort of employees soared from 17 million to 37 million. This increase of 20 million accounts for virtually all growth in the employed work force.

A funny thing happens as workers get old; they retire and leave the work force. Their skills and experience are no longer available to employers or the nation’s economy. The second chart shows the aging of the American populace, as the 55+ cohort increased from 57 million to 99 million since 2000, as the number of older employees skyrocketed from 17 million to 37 million.

While the total US population increased by 18% from 281 million in 2000 to 331 million today, the 55+ cohort increased 74% (from 57 million to 99 million).

The key takeaway here is the number of experienced workers who will retire in the next decade will track the explosive growth in the 55+ cohort. The general consensus is this will not be a problem because there are plenty of younger workers available to fill the vacated slots.

But this overlooks the qualitative and quantitative differences in the millions leaving the work force and those joining the work force. This is especially consequential in real-world jobs, i.e. all those jobs that require engaging real-world materials rather than staring at screens.

Though few analysts and commentators will admit to it, the implicit assumption is that the jobs that matter all involve staring at screens–processing data, finance, entertainment and shaping narrative make the world go round. All the real-world stuff (boring!) will magically get done by tax donkeys who are out of sight, out of mind.

This mindset has it backwards: it’s the real-world work of changing the industrial / energy / energy distribution foundation of the economy that matters going forward, not the staring-at-screens jobs.

What few seem to realize is the work force that’s aging and retiring is the cohort with the real-world skills. It’s a nice idea to remake the entire electrical grid of the nation to transport much larger quantities of electrical power, but who’s going to do all that work? Young people whose career goals are becoming YouTube influencers or day-traders? No. All the ChatAI bots in the world aren’t going to get the real work done, either.

In other words, there is a massive mismatch between the skills available to hire in the young-worker cohort and the skills and experience needed to rebuild the material, real-world foundations of the US economy. It’s well-known but apparently not worth worrying about that the average age of the US farmer is pushing 60 years of age. Nobody left to grow all our food? Hey, isn’t there a ChatAI bot to do all that for us? It can all be automated, right? No? Well, why not? Somebody out there, get it done! Food in super-abundance should be delivered to everyone staring at screens 24/7, it’s our birthright.

The average age of skilled tradespeople is also skewed to the aging work force. There is no easy way to quantify real-world skills gained by on-the-job experience. I suspect it follows a power-law distribution: the newly minted worker just out of school / apprenticeship can handle basic functions, but when tough problems arise, the number of workers with the requisite experience to diagnose and fix the problem diminishes rapidly.

This distribution presents an enormous problem for the economy and employers. Once the super-experienced workers who can solve any problem leave, they cannot be replaced by inexperienced workers. So when the really big problems arise, the systems will break down because those who knew how to deal with the problems are no longer available.

This is how you can have 10 million unemployed workers and 1 million unfilled positions that can’t be filled because few are truly qualified. You want to erect new electrical transmission lines? Nice, but you’re not going to get the job done with green workers accustomed to staring at screens. It takes years of hard labor to acquire even a bare minimum of the skills required. These are not assembly-line jobs that can be filled by unskilled labor, these are jobs in the messy real world, not a distribution center.

As I note in my book on Self-Reliance, individuals with a full spectrum of real-world skills are now extremely rare. Skills that were once common are now performed by specialists. We seem to have all the time in the world to stare at hundreds of cooking programs on TV but how many people actually prepare three meals a day, week in, week out, month in, month out, year in, year out? How many people know how to repair anything, build anything, or maintain a machine?

My direct experience is that many young people don’t know how to put air in the tires of the vehicle Mom and Dad gave them. Young people with graduate-level diplomas don’t know what a green bean plant looks like. (Eeew, gross, it grows in dirt?) The cultural value system that only values wealth, regardless of its source, and minting money from staring at screens has generated a fundamental mismatch between the skills that will be needed going forward and the skills being presented as oh-so-valuable.

Yes, there are many young workers with sharp real-world skills. The question is, are there enough?

This is how we’ll end up with severe shortages of truly skilled labor and high unemployment in the cohort of workers with few real-world skills and a surplus of skills for which there is limited demand. As a real-world experiment, go find a tough old rancher and ask them a series of questions about livestock, machinery, fencing, generators, etc., and then ask the average newly minted college graduate that followed the warped values embedded in our economy the same questions.

Of course the young worker can’t match the experience of the old worker, but do they have any experience at all of a spectrum of essential real-world skills? If not, do they have the requisite physical endurance and commitment needed to acquire real-world skills?

Who’s going to do all the real-world work going forward? A few people talk about it as an abstraction, but it’s not an issue to everyone focused on Federal Reserve policy or GDP. But eventually, the real world will matter more than staring at screens and day-trading, because when the systems break down due to lack of truly qualified employees, we’ll all wake up. But by then it will be too late. We’ll be staring at dead screens begging for somebody somewhere to restore power so we can continue playing with ChatAI to trade zero-day options.

Flattening the curve or flattening the global poor? How Covid lockdowns obliterate human rights and crush the most vulnerable

By Stavroula Pabst and Max Blumenthal

Source: The Grayzone

Marketed as life-saving public health measures, lockdowns triggered death and economic devastation on a global scale while doing little to slow the spread of Covid-19. Now, they’re back with a vengeance.

In October 2021, it seemed as though the lockdowns that still paralyzed societies from Australia to New Zealand and Singapore were coming to an end, as these countries threw in the “Zero-COVID” towel following a year and a half of rolling restrictions and closures.

But with COVID-19 cases rising in Europe, several countries are implementing lockdowns all over again, often with clearly punitive motivations. 

This November, Austria’s government announced that police would enforce a lockdown exclusively against unvaccinated citizens. Following days of massive protests, the policy was extended to everyone, with steep fines and even prison sentences to be imposed on those who refuse to comply, and a compulsory vaccination requirement tacked on for good measure.

Next door in Germany, where a new lockdown was announced this December for unvaccinated people, barring them from almost all public places except for pharmacies and supermarkets, Berlin is also weighing a vaccination mandate for all. One German constitutional lawyer has even proposed that refusers of the jab “be brought before the vaccinator by the police.”

Though statewide lockdowns have eased in Australia, the country is constructing internment camps for those who test positive for Covid, along with their Covid-negative “close contacts.” Harley Hodgson, an Australian held for 14 days in one such camp despite repeatedly testing negative for Covid, said of her experience: “You feel like you’re in prison. You feel like you’ve done something wrong. It’s inhumane what they’re doing.”

Initially marketed to the public as a means to “flatten the curve” and “slow the spread,” lockdowns now represent one of the most draconian aspects of the perverse New Normal that has metastasized amid an atmosphere of seemingly endless emergency. 

While much of the public accepted such restrictions during the early days of the pandemic, they are now met with increasing resistance by citizens around the world who have suffered from economic devastation, homelessness, suicidal ideation, social isolation, domestic violence, addiction and the cancellation of routine medical procedures as a result of lockdowns.  

The public health justification for these non-pharmaceutical interventions has not only been discredited in the eyes of millions across the globe, but by an array of scientific studies and data demonstrating that they likely caused more deaths than they prevented.

The lethal impact of lockdowns was particularly pernicious in the Global South, where hundreds of millions of the world’s most vulnerable people were driven into a cascading humanitarian crisis. As the World Food Program warned in 2020, “135 million people on earth are marching towards the brink of starvation” as a result of their economies shutting down to supposedly inhibit the spread of COVID-19.

In his book, The Covid Consensus, professor of African history at King’s College Toby Green chronicled the misery, migration outflow and mass death spawned by lockdowns imposed on populations from Africa to Latin America.

“Lockdowns were not a policy that made any sense in societies where many people live largely outside, and SARS-CoV-2 is a virus that circulates inside,” Green told The Grayzone. “Moreover, they made no sense in regions such as Africa where the population is much younger than in rich countries – they merely saw a massive shift of health burden from the global rich to the global young and poor.”

For most people on the planet, the economic and psychological harm experienced during the past 19 months was not the result of the pandemic per se, but of emergency-order restrictions governments imposed on them and justified as public health measures. In the Global North, such costly efforts did little more than delay the inevitable spread of COVID-19 while transferring wealth into the hands of Big Tech oligarchs who constitute the pandemic’s real “winners.” 

Though public health scholars and some officials warned that lockdowns would do possibly irreparable damage to the global economy while only deepening the public health crisis, the politics of the Trump era enabled supporters of harsh restrictions to caricature critics as dangerous right-wing extremists.

“Discussion of the inevitable harm of lockdowns has been almost totally forbidden by most of the mainstream media and academia, while the left followed the lead of the Democratic Party, doing all it could to marginalize any discussion of the collateral damage of these measures,” Christian Parenti, professor of economics at the City University of New York and author of several books about policing and mass surveillance, commented to The Grayzone. “Any questioning of lockdown measures was cast as right wing, even fascist. But mostly the left just ignored the emerging facts, particularly regarding the carnage caused in the Global South.”

One of the most outspoken among the public health scholars sounding the alarm about the social cost of sweeping restrictions was Dr. Jay Bhattacharya, a professor of medicine at  Stanford University. As a co-author of the Great Barrington Declaration, which advocated a strategy of focused protection instead of hard lockdown, Bhattacharya and his colleagues were subjected to social media censorship and mainstream media attacks.

“Lockdowns provided the illusion of control over a virus that was present in parts of the world and spreading far earlier than most officials believed,” Bhattacharya told The Grayzone. He added, “Much of the evidence that people have developed to argue that lockdowns work come from modelling studies that have proved incredibly inaccurate.” 

Indeed, the initial inspiration for locking down the UK and parts of the US derived from a bunk model of projected fatalities that has since been discredited. 

Lockdowns were inspired by bogus modelling by unqualified academics

On March 16, 2020, as the global consensus formed around implementing restrictions in some form, a professor from London’s Imperial College delivered a presentation to the British government that would prove pivotal. That academic, Neil Ferguson, introduced a model asserting that if the UK did not impose a harsh lockdown, 500,000 citizens would die of Covid-19 that year; and if it took only moderate steps to restrict public life, as Prime Minister Boris Johnson planned, 260,000 would die. 

In either case, Ferguson insisted, the national healthcare system would be overwhelmed and the economy irreparably damaged. Within a week, Johnson’s government accepted Ferguson’s fatalistic model and locked down hard. 

Around the same time, the Trump White House received a paper from Ferguson that envisioned a catastrophic death toll. His model predicted fatalities at a 25% higher rate than the CDC’s already stark projection: 2.2 million dead in the first year unless the US instituted lockdowns. 

“What had the biggest impact in the model is social distancing, small groups, not going in public in large groups,” Dr. Deborah Birx, a leader of Trump’s coronavirus task force, referring to the Imperial College projection. The New York Times reported on March 16, the day the Trump administration received Ferguson’s paper: “White House Takes New Line After Dire Report On Death Toll.”

While Ferguson’s modelling succeeded in inspiring harsh lockdowns, it ultimately brought him public embarrassment. First, the professor was caught breaking the quarantine he personally inspired to enjoy a tryst with his lover – a married woman who complained that the lockdown “strained” her relationship with the professor. Then, as time went on, it became clear that Ferguson’s models had exaggerated the Covid-19 fatality rate by a factor of at least four. 

“Yes, my prediction was off,” he admitted to the Times of London in August 2021. But by then, the damage was done.

This was not the first time Ferguson’s numbers had proven to be wildly off the mark. Back in 2001, Ferguson projected that as many as 50,000 could die from Mad Cow Disease. After a panicked government slaughter of some 6.5 million cattle, the mass death failed to come to fruition. (Only about 2,800 have died from Mad Cow in three decades). 

In 2005, Ferguson was at it again, predicting up to 200 million global deaths from the bird flu. In the end, only a few hundred people died. Then in 2009, Ferguson warned that 65,000 could die from the swine flu in the UK alone. But when the dust cleared, he and his team were off by a factor of over 1000

So why did governments across the Atlantic trust a serial exaggerator who appeared to have no formal training in epidemiology or computer modelling, and whose codes were buggier than a locust infestation

Before briefings from Ferguson, leaders from Whitehall to Washington were already in a panic over the onset of the novel coronavirus. A haze of reporting in early 2020 made the coronavirus appear more deadly than it turned out to be, with some reports suggesting the fatality rate could rise to as high as seven percent

Although it is now known that COVID-19 does not kill the vast majority of people it infects, with Infection Fatality Rates (IFR) of .15 percent overall and .05 percent for persons under 70, the confusion and uncertainty led many public health officials to act quickly. In reality, the coronavirus is a less lethal disease that spreads easily, making it harder to contain with human interventions.

Further, according to Toby Green of King’s College in London, British public health officials were easily seduced by the tech-centric presentation of academics like Ferguson.

“Let’s remember that in the UK, where Ferguson’s model first had its influence, Dominic Cummings, Boris Johnson’s advisor on Covid-19, had already written about the importance of a data-driven approach to policy,” Green explained. “Matt Hancock, the health minister, was also highly integrated into the tech sector through his family, which runs a tech business. So a computer-driven model [like Ferguson’s] was appealing.” 

Somehow, the technocrats placed in charge of Covid-19 policy across the Atlantic demonstrated little concern for how the lockdowns they suddenly imposed would impact the economic and social wellbeing of the citizens they were supposed to protect.

A bonanza for tech oligarchs, “the equivalent of smoking 15 cigarettes a day” for the less fortunate

In the United States, lockdowns and various rolling restrictions triggered an economic catastrophe for working and poor people across the country, pushing those already on the financial precipice over the brink.

In the US in 2020, 40 percent of people making under $40,000 annually lost work, and almost three million women were driven out of the workforce due to an inability to balance work and caregiving and virtual learning obligations for children who could no longer attend in-person school or daycare. Dozens of airlines failed, and at least 200,000 small-businesses were shuttered

Increased unemployment benefits and stimulus checks had a salutary effect on the economic well-being of average Americans, seeing personal savings rise 8 percent between 2019 and summer of 2021. But even if American poverty did not immediately surge, it may yet do so, now that stimulus checks, generous unemployment benefits, and the eviction moratorium have all been terminated by the administration of President Joe Biden. 

As lockdowns drove inequality in the US, millions skipped routine medical care such as childhood vaccinations and cancer screenings, because the Centers for Disease Control (CDC) recommended that hospitals suspend non-essential and elective procedures. In May 2021, almost ten million routine screenings were missed in the United States, while other preventative health visits declined on a mass scale due to elective procedure suspensions, which may also lead to worsening public health problems in the long-term.

Due to the CDC’s recommendations, 1.4 million medical workers lost their jobs in April 2020. One medical record company estimated that screening for breast, colorectal, and cervical cancers dropped by 80% to 90% during March and April of 2020 compared to the same months in 2019. Now, the US is struggling with a surge of cancers and other ailments that went undetected because of overzealous and overly broad lockdowns. 

While average Americans paid a heavy price for the restrictions, Big Tech oligarchs quickly emerged as the pandemic’s winners. In 2020, billionaires increased their wealth by 54 percent. In fact, the top 1% of U.S. households now officially control more money than the entire middle class, or the middle 60 percent of households by income, in the US. 

While the pandemic response has adversely affected working people and small businesses worldwide, lifting restrictions is in fact against major corporate interests: Amazon’s stock even fell seven percent in July as re-openings stalled pandemic-related online buying. 

As lockdowns took their psychological toll on the US population, opioid-related deaths surged to record levels – up 30% from the previous year across the country and up 40% in 10 states. The sharpest rise in deaths occurred in Black Americans, along with those aged 35 to 44. 

Lockdowns and excessive closures have also contributed to an international rise in domestic violence

Despair rose in a significant way with the crisis: according to the CDC, 25.5 percent of survey respondents aged 18-24 reported seriously considering suicide within the previous 30 days by the end of June 2020. The same study indicated adults were more than twice as likely to report considering suicide when compared to those surveyed before the onset of coronavirus.

Professor Stephen Reicher, a behavioral scientist who advised the UK government on Covid policy, commented: “The problem with lockdown is isolation; being cut off from people is bad for you psychologically and physically. It is the equivalent of smoking 15 cigarettes a day.”

The impact of restrictions on young people, adolescents and babies who are at very little risk of illness with serious COVID-19, with a one in 50,000 chance of hospitalization and a two in one million chance of death for children, cannot be overstated. Babies and young infants, after all, require regular socialization and interaction for healthy development. Many of them, however, were only able to visit their closest family members over the past year and a half. Ultimately, extended periods of social isolation or loneliness can negatively impact a young individual’s health even decades later.

The overall outlook for young people, as suggested by the 2020 CDC study referenced above, is and remains grim. In Las Vegas, Nevada, schools opened in December of 2020 after an unprecedented 18 adolescent suicides were recorded in the district since March of the same year. And in the state of Victoria, Australia, about 340 teenagers each week were hospitalized due to mental health emergencies as of August 2021.

For many among the urban laptop class, including a large swath of the hyper-online Western left which still clamors for national school closures and demands lockdowns in the face of a handful of new cases (while crudely painting critics of official Covid policy as Nazis), quarantine orders merely enforced an already sedentary lifestyle that revolves around Zoom meetings, ordered food and Amazon deliveries. The restrictions further eliminated tedious commutes to work while providing those able to work remotely with the satisfying sense that staying home was a bold act of social solidarity.  

Under this spectacular arrangement, which assumed individual behavior could slow down or contribute to the spread of a virus, isolation was framed as a moral choice that led many of those willingly confined to their homes to fear or vilify a working class that frequently provided them with vital services. And while non-pharmaceutical interventions have generally proven futile against COVID-19, the stentorian demands to socially distance and attendant shaming of those who fail to obey has done little more than generate hostility between friends, families, and communities.

“Lockdowns are a luxury of the rich,” Bhattacharya said, “and affect a certain class of people at the expense of others. A lockdown doesn’t mean all of society stops and we all sit in cages alone while we wait for the fires to go away. The poor and working class, many of them vulnerable and older, are asked to risk themselves, while another class of people stays at home protected.”

This was particularly true in the Global South, where class divisions are clearly drawn and most people live dangerously close to the poverty line.

Lockdowns drive debt, dependency and death across the Global South

The legacy of colonialism and imperialism has split the world economy into a “core” of wealthy economies and a periphery of poor economies that are largely dependent on exporting cheap raw materials and low-value added manufactured goods. When the wealthy core economies locked down in 2020, international trade contracted, triggering a violent economic whiplash in developing countries as their earnings from exports and tourism suddenly collapsed. 

As a result, developing country debt has risen from an average of about 40 percent of overall GDP to over 60 percent. Throughout 2020, developing economies were forced to pay out 194 billion to their creditors, even as their economies contracted dramatically. This forced poor countries to cut deeply into social spending to maintain debt servicing from institutions like the International Monetary Fund (IMF). 

Since the COVID-19 pandemic was declared, the IMF has doled out “Covid funds” to 85 countries around the world. An analysis by Oxfam found that 85% of the 107 loans provided to these countries require them to impose austerity until well into the future to pay them back. Now, devastating impacts on future health and social spending in poor countries is practically inevitable.

With surging unemployment, reduced incomes, and fewer social services, the populations of poor countries in the Global South have experienced massive increases in hunger.

As early as July 2020, the Associated Press reported that an additional 10,000 children were dying of hunger every month “due to the virus.” In fact, the deaths were the result of governments’ choice to lock down. Indeed, the coronavirus has had very little effect on the health of children, except indirectly through bad policy. Thus, millions of children across the Global South who were not hungry in 2019 are hungry today because of the lockdowns.

In all, about 2.37 billion people – or about 30 percent of the world population and 320 million more people than in the previous year – did not have access to adequate food at some point during 2020. 

As Nash Landesman reported for The Grayzone, extensive lockdowns with little social support by the US-backed government of Colombia led to mass unemployment, evictions, and widespread hunger throughout 2020, especially in working class neighborhoods of Bogotá, where residents placed red flags outside their homes to signal their sense of despair. 

Mexicans similarly protested lockdown measures, with one vendor affixing a sign to her stall reading: “Mexico is NOT Europe. If you don’t work, you don’t eat.”

And in Honduras, which has been ruled for over a decade by a corrupt US-backed government installed through a military coup, citizens facing food and water shortages due to lockdown took to the streets in protest in March 2020, encountering heavy police repression. The protests continued into September, with drivers blocking roads to demand compensation for wages lost during the forced quarantine. 

In India, meanwhile, where GDP shrank a record 7.3 percent from March 2020 to March 2021, a study of Uttar Pradesh state households found incomes contracting about 75 percent. Anthropologist Dr. Chandana Mathur of Maynooth University reported that the strict, yet poorly planned lockdowns in India kept millions of migrant workers away from income sources, forcing them into homes that were thousands of kilometers away from work or simply non-existent

Just two days before the March 2020 lockdown, many transportation services in India ground to a halt, stranding and starving thousands of people at a time when strict stay-at-home rules were declared. To enforce the orders, police brutally beat those considered insufficiently compliant. One estimate found that about 1,000 people died from March to July 2020 due to the displacement.

In fact, mass suffering was anticipated by some governments and experts when the restrictions began. In March 2020, a cost-benefit analysis by the Dutch government’s Ministry of Economic Affairs and Climate Policy concluded health damage from lockdown would be six times greater than the benefit. Similarly, a 2020 Actuarial Society of South Africa model posited that a lockdown in the country may lead to 29 times more deaths than the restrictions can prevent

And indeed, when lockdowns and other stringent interventions were applied in South Africa, many suffered enormously. Researchers estimate that 47 percent of South Africans ran out of money for food in April 2020. While rates of deprivation have decreased, estimates of hunger in the country remained steady at 17 percent of households throughout April and May 2021. 

South Africans also faced a decrease in overall life expectancy due to other restriction-perpetuated factors, such as an increase in HIV and tuberculosis related health issues thanks to treatment stoppages, outbreaks of other infectious diseases especially associated with malnutrition, poverty and suspension of relevant vaccination programs, and interruptions in maternal and infant care.

Despite such excessive restrictions in the country, which previously included a curfew, a ban on gatherings and even on alcohol sales, some estimates found that 80 percent of South Africans were still infected with COVID-19

A recently published study by researchers at the University of Johannesburg and the University of the Free State, COVID-19 in South Africa, found that “no changes in the shape of the [epidemiological] curve can be attributed to the introduction or easing of any regulation at [the current time].”

Instead of flattening the proverbial curve, restrictions induced economic and social deterioration which killed millions in the name of public health, while depriving an entire generation of the global poor of the right to education.

Lockdowns brutalized the world’s poor while depriving generations of education

For governments across the world, Covid provided an opportunity to pummel their most vulnerable residents, as well as those who dissented from the official order. As Amnesty International’s European bureau stated in a detailed but under-acknowledged June 2020 report, “The police enforcement of lockdowns disproportionately impacted poorer areas, which often have a higher proportion of residents from minority ethnic groups.” 

Among Amnesty’s most disturbing findings was that police searches of Black Britons rose by a full third in the first month of the pandemic; Roma populations across Eastern Europe were placed under militarized quarantines and cut off from food supplies, causing deprivation on a mass scale; homelessness surged across the continent, and refugees and minority residents were subjected to police brutality on a regular basis. 

Throughout 2020 in New York City, Black and Latino residents received a whopping 80% of police summonses for supposedly violating social distancing measures, leading civil rights groups including a local chapter of Black Lives Matter to complain that Covid restrictions were being exploited to bring back dreaded “stop and frisk” policies.

In Greece, such measures have been exploited to target refugees, migrants, and others living on the margins of society. Greek authorities have even fined refugees arriving by boat to Chios island 5000 euros each for not providing proof of negative coronavirus tests in late August 2021.

Many refugees that I, Stavroula, am personally acquainted with in Greece avoided spending time outside during the country’s six month lockdown from November 2020 to May 2021 out of fear of arrest and deportation. The lockdowns, which often confined people to a few miles from their home, and which imposed curfews as early as 6pm, required everyone to possess a government-issued identification and a text message or written note explaining their reason for being in public. 

Penalties for violating the restrictions could mean fines of 300 euros, about half a monthly salary in the country, which could financially ruin many Greeks. For those in the country without papers, not having the required documentation during an encounter with police could even lead to deportation. 

Across the globe, tens of thousands of people, mostly poor and working class, have been arrested for violating quarantine and been locked up in crowded unsanitary jails where Covid infections run rampant. 

In Washington DC’s municipal jail, 1500 inmates were held in de facto solitary confinement for over 400 days without basic services throughout 2020 and early 2021. Though most inmates had already contracted COVID-19, developing durable natural immunity to the virus, the lockdown was justified on the grounds of “slowing the spread.” 

“An overwhelming majority of the jail’s inmates are Black, and many have not yet been found guilty of the crimes for which they were arrested,” the Washington Post noted.

Similarly, St Louis city jail was the site of four prisoner uprisings since December 2020, with inmates forced into de facto solitary confinement for over a year with no trials. “People currently incarcerated…are tired of living in fear of COVID-19 and not being brought to trial,” one prisoner stated.

School-aged children and students around the world also suffered enormously under the weight of closures, particularly those in impoverished communities. In Uganda, citizens have spent large parts of the past two year under various forms of lockdown, with schools and recreation centers closed under orders of the US-backed leader Gen. Yoweri Museveni. 

“An entire generation of our children is being plunged into the bottomless abyss of illiteracy and ignorance. I saw a docile wasted generation of young defenseless victims of Gen. Museveni’s warped COVID-19 directives loitering about and dwindling in hopelessness,” wrote dissident Kakwenza Bashaija after a visit to eastern Uganda.

The New York Times reported this November that Uganda’s ongoing school closures have consigned the county’s youth to possibly lifelong poverty. With educational institutions still off limits, the Times wrote, “young women, abandoning hopes of going to school, are getting married and starting families instead. School buildings are being converted into businesses or health clinics. Teachers are quitting, and disillusioned students are taking menial jobs like selling fruit or mining for gold.”

Poor and working class youth across the United States experienced similar educational setbacks as closures forced them out of the classroom. In the state of Virginia, for example, math achievement scores in 2021 were down by over 40% for eighth graders in comparison to 2018-19. Less than half of Black students from third to sixth grade were able to pass reading tests, while the math scores of disabled youth declined precipitously. 

Glen Youngkin, a Republican who ran for governor in Virginia this year, highlighted these dismaying figures and slammed school closures in his closing campaign message. By capitalizing on the pent-up anger of parents in the state’s swing districts, Youngkin scored a surprise victory against a seasoned and well-funded opponent in a heavily Democratic state. 

Meanwhile, in the Democratic bastion of New Jersey, incumbent Governor Phil Murphy nearly lost to a lesser known Republican challenger who hammered him over his support for some of the most stringent lockdown measures in the country. Murphy was walloped in Atlantic County, home of the Atlantic City resort and casino city where lockdowns pushed one third of small businesses into permanent collapse. 

As the Biden administration considers new restrictions for US travelers, including placing the unvaccinated on a domestic no-fly list, the impact of lockdown policies has helped disrupt the international supply chain, driving inflation and shortages in suppliesgasoline, and even certain food items

With the US government collaborating desperately with major corporations and retailers to repair the existing supply bottlenecks, some in the media class have urged convenience-accustomed Americans to simply lower their expectations.

While these lockdowns were implemented to supposedly blunt the impact of a public health danger, mainstream media have generally avoided a discussion of how well they mitigated the perceived crisis or of the severe social and economic harm they did to working people. 

Despite the mass job loss, economic destruction, and increased hunger that non-pharmaceutical interventions have inflicted on the global population, the effectiveness of efforts such as lockdownscurfewsschool closures, and the constant PCR testing of healthy people are dubious at best.

Unpacking the misconception lockdowns work against COVID-19

Many credited lockdowns in ChinaGreeceVietnam, and Australia with early COVID successes, contributing to a widespread perception that lockdowns are vital to saving lives, and, therefore, a compassionate choice. Such reasoning has led governments internationally to proceed with lengthy closures of daily life.

According to Dr. Bhattacharya, these policies might be appropriate to halt the spread of a given virus depending on its profile and status. “There are diseases that are incredibly deadly, but not particularly infectious, where quarantining and sharp lockdowns locally can be quite effective,” Bhattacharya explained. “For instance, we limited the Ebola [virus] outbreaks in this way.”

Could COVID-19 have been addressed through sharp interventions as Ebola was? The answer depends in part on the properties of the virus, such as how deadly it is and how and how easily it spreads. Oftentimes, more lethal diseases spread less easily than their weaker counterparts, and that’s because the host will either die or know what they have and isolate themselves accordingly, thus halting transmission. Despite significantly higher fatality rates (25-90%, depending on the outbreak) in relation to COVID-19, Ebola is less infectious than other diseases and does not spread through the air: in fact, it typically dies within thirty seconds outside bodily fluids. 

In contrast, COVID-19 is a respiratory virus that likely spreads through aerosol transmission. Echoing the now-discredited modelling from the Imperial College of London, media coverage from early 2020 made the coronavirus appear more deadly than it turned out to be, with some reports suggesting the fatality rate could rise to as high as seven percent. In reality, the coronavirus is a less lethal disease that spreads easily, making it harder to contain with human interventions.

Because COVID-19 is a seasonal virus that tends to flourish in winter, much like the flu, early COVID “victors” like New Zealand and Australia were fortunate to get hit with it during their respective summers. They also are geographically isolated. The rest of the world was not so lucky.  

Drawing on studies of virus prevalence in California urban areas in March 2020, for example, Bhattacharya concluded it was “too late” for the coronavirus measures that state officials issued to help eliminate the virus, with about 3-4% of survey respondents reporting they already had COVID-19 antibodies.

Such numbers suggest that the virus was present much earlier in many parts of the world than originally believed, rendering subsequent preventive pandemic measures futile in eliminating or slowing the virus despite their stringency. In other words, based on the nature of its spread and its widespread establishment in many communities, the virus had already taken root in an irreversible way.

“You don’t get up to 2 to 4 percent disease spread [of COVID-19] unless you’ve had it spreading for a while,” Bhattacharya said in reference to the California seroprevalence study. “That means 96 percent of the population [at the time was] still susceptible to the virus, and far from endemic. But way too far gone to actually have hope that any lockdowns will stop the disease.”

Despite the tendency to resort to them when cases rise, the evidence of lockdowns’ effectiveness in inhibiting the spread of coronavirus is threadbare. 

Peru, which boasts the world’s highest COVID-19 death rate despite imposing hard lockdowns, was a case in point. Meanwhile, Greece locked down in November 2020 at around 2,500-3,000 cases daily, only to open again for tourism six months later with similar case numbers. Then there was Belarus, a country of over 9 million which did not lock down or introduce a mask mandate, and boasted one of Europe’s lowest COVID death rates all the way up to the Delta surge in Eastern Europe. 

The International Monetary Fund, or IMF, reportedly offered Belarusian President Aleksandr Lukashenko $940 million in COVID assistance on the condition that he imposed harsh pandemic restrictions. Lukashenko said he refused, proclaiming, “the IMF continues to demand from us quarantine measures, isolation, and a curfew. This is nonsense. We will not dance to anyone’s tune.”

By June 2021, only a minority of Belarusian citizens told pollsters they favored more COVID-19 restrictions.

Despite their widespread utilization as a non-pharmaceutical intervention against COVID-19, the shaky evidence for lockdowns does not end with anecdotes and country-specific strategies: dozens of academic and scientific studies call into question their efficacy or otherwise argue that the social, economic, and health related harms they pose significantly outweigh the risks. Their conclusions include the following (thread compiled by twitter user @the_brumby):

  • In Did Lockdown Work? An Economist’s Cross-Country Comparison, Aarhus University Economics Professor Christian Bjørnskov writes that after “[u]sing two indices from the Blavatnik Centre’s Covid 19 policy measures and comparing weekly mortality rates from 24 European countries in the first halves of 2017-2020, and addressing policy endogeneity in two different ways, I find no clear association between lockdown policies and mortality development.”
  • Medical researchers and doctors Rabail Chaudhry, MD, Justyna Bartoszko, MD and Sheila Riazi, MD (University of Toronto Department of Anesthesiology and Pain Medicine), George Dranitsaris, MD (University of Ioannina Department of Hematology) and Talha Mubashir, MD (previously University of Toronto Department of Anesthesiology and Pain Medicine, now at the University of Texas McGovern Medical School Department of Anesthesiology) write in A country level analysis measuring the impact of government actions, country preparedness and socioeconomic factors on COVID-19 mortality and related health outcomes that “government actions such as border closures, full lockdowns, and a high rate of COVID-19 testing were not associated with statistically significant reductions in the number of critical cases or overall mortality.”
  • In Stay-at-home policy is a case of exception fallacy: an internet-based ecological study, academics and researchers at Brazil-based institutions, including the Federal University of Rio Grande do Sul, R. F. Savaris, G. Pumi, J. Dalzochio & R. Kunst address early data favoring lockdowns and stay-at-home policies through an analysis of mathematical models and data from 87 regions worldwide. In “yielding 3,741 pairwise comparisons for linear regression analysis[they] were not able to explain if COVID-19 mortality is reduced by staying at home in ~ 98% of the comparisons.”
  • In Covid-19 Mortality: A Matter of Vulnerability Among Nations Facing Limited Margins of Adaptation, French medical researchers Quentin De Larochelambert, Andy Marc, Juliana Antero, Eric Le Bourg and University of Paris Professor of Physiology Jean-François Toussaint write that the “[s]tringency of the measures settled to fight pandemia, including lockdown, did not appear to be linked with death rate.” Instead, they conclude that nations with stagnating life expectancies and high rates of income and non-communicable disease —in other words, existing characteristics of a nation’s demographics— faced higher mortality rates regardless of government interventions.
  • And in Government mandated lockdowns do not reduce Covid-19 deaths: implications for evaluating the stringent New Zealand response, University of Waikato Economics Professor John Gibson concludes that “Lockdowns do not reduce Covid-19 deaths…[t]he apparent ineffectiveness of lockdowns suggests that New Zealand suffered large economic costs for little benefit in terms of lives saved.”

These dozens of studies are consistent with pre-COVID-19 pandemic literature emphasizing the ineffectiveness of non-pharmaceutical interventions like lockdowns. 

“Almost all [pre-pandemic planning guides before the coronavirus] emphasized respect for civil rights, disrupting societies as little as possible, protecting the vulnerable, and not spreading panic,” said Dr. Bhattacharya. “The lockdowns and the media narrative and the public health narrative of March 2020 violated all those principles.”

In a 2006 paper, Disease Mitigation Measures in the Control of Pandemic Influenza, academics at the Center for Biosecurity of the University of Pittsburgh Medical Center (now known as the John Hopkins Center for Health Security) in Baltimore, Maryland, wrote: “Experience has shown that communities faced with epidemics or other adverse events respond best and with the least anxiety when the normal social functioning of the community is least disrupted.”

Documents as recent as the 2019 World Health Organization (WHO) guide, Non-pharmaceutical public health measures for mitigating the risk and impact of epidemic and pandemic influenza, furthermore, state that the “evidence base on the effectiveness of [Non-Pharmaceutical Interventions] in community settings is limited, and the overall quality of evidence was very low for most interventions.”

While already-existing pandemic literature naturally could not make COVID-19 specific recommendations, a well-established understanding of the general ineffectiveness of non-pharmaceutical interventions for respiratory viruses largely went unheeded as media and government-driven fear gripped the population in early 2020. Everyday people paid and continue to pay the price.

“Making poor people a lot poorer” and shortening life spans

While they may not be effective at limiting the spread of coronavirus, lockdowns are effective at destroying the economy, people’s livelihoods, and perhaps the social fabric itself as individuals grow used to remaining distant from friends, coworkers, family and community.

And while income and education losses, extensive isolation, and other COVID-related disruptions are devastating in the short-term, they also can inflict long-term adverse impacts on the length and quality of life, even decades later. 

Childhood years are vital to shaping an adult’s overall well being, and adverse events that elicit extended stress responses throughout one’s youth can have significant impacts on lifespan, and risk of mental health issues and chronic physical health issues in the long term. 

Long-term unemployment, a common phenomenon during COVID-19, can also shorten life expectancy, with Daniel Sullivan and Till von Wachter concluding in 2009 that mortality rates are 50 to 100 percent higher for individuals the year after involuntary income loss, and 10 to 15 percent higher overall for the next 20 years of life. 

Consistent stress itself, certainly exacerbated by ongoing coronavirus restrictions, can also trigger or exacerbate long-term health problems. Highlighting such issues in detail in COVID-19: Rethinking the Lockdown Groupthink, University of Alberta Clinical Professor in the Department of Pediatrics Dr. Ari Joffe concluded that aggressive interventions such as lockdowns will cost society far more WELLBY, or Well-Being-Years, than foregoing them over time.

Generally, extreme restrictions hit marginalized populations and working class people the hardest, especially in places where many were employed informally, and must therefore leave their homes illegally to work during stay-at-home orders. Fines for breaking restrictions and curfews are often prohibitive, moreover, and fail to address that many people are inadequately housed and cannot consistently follow such rules. 

Even the WHO has appealed against lockdowns, acknowledging the strain lockdowns place on the disadvantaged. “We really do appeal to all world leaders, stop using lockdown as your primary method of control,” WHO COVID-19 envoy Dr. David Nabarro told British broadcaster Andrew Neil. “Lockdowns have just one consequence that you must never ever belittle, and that is making poor people an awful lot poorer.”

As the logic behind “stopping the spread” through indefinite lockdowns is questioned even by top public health authorities, the policy has reappeared with a vengeance in Europe, where it has been weaponized against non-compliant populations and to intimidate citizens into line with government policy. A winter of lockdowns, coercion and threats begins

The government of Austria triggered waves of national protest this November when it became the first in the world to announce a lockdown exclusively imposed on unvaccinated people. Just days before resigning, then-Austrian Chancellor Alexander Schallenberg said he aimed to establish a “threatening backdrop” for those who refused to take the jab, promising that “Christmas will be uncomfortable” for them.

Days later, Schallenberg extended the lockdown to all citizens, imposing fines of up to $1660 for anyone who violates the restriction, per violation, and announced a policy of compulsory vaccination for all. For those unable to pay fines for remaining unvaccinated, their refusal “can be converted into a prison sentence,” as The Guardian reported. Those who did not take the jab by December 12 would remain under lockdown, underscoring the punitive agenda behind the policy.

Slovakia followed Austria’s lead, imposing a lockdown on unvaccinated citizens on November 18 before it expanded the policy to the entire population. The next country to impose an unvaccinated-only lockdown is Germany, where public health officials blame a “pandemic of the unvaccinated” for the fourth wave of COVID-19 cases. “Probably by the end of this winter, as is sometimes cynically said, pretty much everyone in Germany will be vaccinated, cured or dead,” remarked German Minister of Health Jens Spahn.

However, in Portugal, which has run out of people to vaccinate due to the country’s near-total uptake, infections are also surging, prompting the government to declare a state of emergency and impose a new bevy of restrictions. And in Gibraltar, officially the most jabbed place on the planet, with a 99% vaccination rate, authorities cancelled official Christmas festivities following a surge of COVID-19 cases. The news confirmed a November 2021 study from the US CDC that found that vaccinated people are “no less infectious” than those who are unvaccinated.

Just as the failure of vaccines to prevent the spread of COVID-19 became apparent, international media began filling up with panicked headlines about a terrifying new variant. Labeled “Omicron” by the World Health Organization on November 26, 2021, the variant reportedly originated in southern Africa. The doctor who discovered the variant has said all cases tend to be mild so far. According to the government of Botswana, it arrived thanks to four fully vaccinated travelers

Among the first prominent public health pundits to hype the supposed danger of Omicron was Tom Peacock, a virologist from the Imperial College of London’s department of infectious diseases – a wing of the same Bill Gates-sponsored institution responsible for the discredited models that influenced the UK and US government’s first lockdowns by grossly overestimating the death toll from COVID-19.

Even before the threat from the so-called Omicron variant is known, the US and EU have enacted new restrictions which are certain to ravage the already weathered economies of southern Africa. On November 26, the Biden administration issued a ban on flights from South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique, and Malawi. (At the time of publication, several of these countries have yet to register a single Omicron case).

“We are now entering a world where borders close for every variant,” Toby Green, author of The Covid Consensus, commented to The Grayzone. “It’s quite clear that Western governments and media don’t care at all about lives and livelihoods in poor countries. Tour guides, hotel porters, restaurateurs, those who depend on international conferences and study abroad visits – a large proportion of service industries in the Global South – will be devastated. And who benefits? Service industries in rich countries, where the profiteering of the last 20 months will get spent.”

For millions at the mercy of the new wave of restrictions, a dark winter has just begun.

Freedom Rider: How the billionaires rule

Predatory capitalism has driven down wages and created a dystopia for workers.

By Margaret Kimberley

Source: Intrepid Report

President Calvin Coolidge said, “The business of America is business.” The expression is memorable because it always rang true. But nearly 100 years later an old trite saying has taken on an ever more terrifying meaning.

The ruling class wield their power more blatantly than ever. There is little effort to conceal their determination to rule over the people and to control the politicians who are now little more than their personal minions.

When the people get a little help, as happened with additional stimulus funds for the unemployed, politicians across the country took up arms for the ruling class and turned down free money just to stay in the good graces of their bosses.

Currently 25 states out of 50 have rejected additional help for the unemployed. The money came from the federal government and didn’t impact state budgets, but politicians know who calls the shots. When called upon to help struggling people they chose to do just the opposite. They helped their exploiters and, in the process, made a mockery of what passes for democracy.

There is no labor shortage in this country. Instead, there is a shortage of jobs that pay a living wage and that is because of the power of capitalists. They have grown richer precisely because they have forced workers to live in a constant state of precarity, and now it is quite literally better to stay home than to work for a pittance.

Of course, the richest man in the world, Amazon’s Jeff Bezos, is a master at coming up with new ways to subjugate workers. Any reports of job growth should be viewed with a very jaundiced eye as predatory capitalism has driven down wages and created a dystopia for workers. Bezos has mastered squeezing the most and giving the least.

Amazon warehouse workers suffer from injuries at higher rates than other employees in similar jobs but the injuries are part of the cost of doing business. It is expected that the grueling working conditions will create high turnover which is exactly what Amazon wants. A revolving door of employees serves their needs quite nicely. Bezos made a big deal about a $15 per hour starting salary but he could certainly afford to pay a lot more, a real living wage. The tight-fisted billionaire who could potentially become a trillionaire got rich the old fashioned way. He cheats workers.

Bezos also comes up with new and ingenious ways to spread the suffering. Amazon Flex delivery drivers are hired by apps and fired by algorithms. They have no interaction with human resources or any humans at all and they must pay a $200 fee to contest terminations that are rarely decided in their favor.

Even when American workers lose their jobs they are still at the mercy of corporate giants. ID.me contracts with states to provide public access to web sites such as those used for unemployment claims. Their facial recognition software doesn’t verify everyone properly and desperate people wait days and weeks for their unemployment payments to arrive. As with Amazon there is no one to speak to for help. But state governments turn over millions of dollars to ID.me in order to cheat people out of benefits they have earned. Currently 30 states contract with ID.me to make sure that the most vulnerable are kicked while they are down.

The algorithm hirings and firings and the facial recognition technology problems are not bugs in the system. They are features. They are doing precisely what they are intended to do, keep workers poor, desperate, and at the mercy of capitalists. Cruelty is the point.

One might ask who speaks for the people. Workers in several states had their unemployment saved by court decisions but those are few and far between. Politicians are as blatant as their corporate bosses and openly side with them against their constituents.

There is no way to reform this system. Democrats and republicans are equally eager to act at the behest of corporate interests. The people either vote in hopes of change that never comes or are apathetic because they see that the odds are against them.

The workers who refuse low pay under dangerous conditions are moving in the right direction. Whether they know it or not they are potentially building a new movement. A general strike is what the country needs. Of course that is why the hammer fell in an attempt to nip any resistance in the bud and get the cogs back into the machine. But the direction we must move in is clear. There is no salvation from a Biden or a Harris or any other name being floated. The people will have to move in a different direction if they are to save themselves.

The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

By Michael Snyder

Source: Investment Watch Blog

For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.  That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis.  In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over the past year…

The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, a staggering accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the coronavirus pandemic.

The number of billionaires on Forbes’ 35th annual ranking swelled by 660 to 2,755 — a roughly 30 percent jump from a year ago — and 493 of them are first-timers. Seven of eight are richer than they were before the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.

Of course thanks to the reckless policies of our leaders, a billion dollars does not go nearly as far as it once did.

But still, a billion dollars is a whole lot of money.

Needless to say, the biggest reason why the number of billionaires has exploded is because we have been witnessing one of the greatest stock market rallies in history.

A year ago, the Dow Jones Industrial Average was sitting at about 23,000.

Today, it is above 33,000, and some analysts expect it to shoot quite a bit higher throughout the rest of 2021.

Stock prices have never been more detached from economic reality as they have been over the past 12 months, and they have only risen so high because of unprecedented intervention by the Federal Reserve and because of extremely wild spending by the federal government.

Many have warned that the party will inevitably come to a crashing end at some point, but it hasn’t happened yet.

So for now, the market optimists look like champions.

And now that Joe Biden is in the White House, the corporate media is telling us that we are on the verge of a grand new era of American prosperity.  The corporate media insists that the pandemic will soon be behind us thanks to the vaccines, and the talking heads on television envision a return to the good old days very quickly.

In fact, Barron’s is already declaring that the “U.S. economy might be stronger than it’s ever been”.

And CNN is trying to convince us that “America’s economy could be heading for a golden era of growth”.

Really?

If the U.S. economy is actually improving, then why are new claims for unemployment benefits going up?

The number of Americans filing first-time unemployment benefits unexpectedly rose last week, according to the Labor Department.

Data released Thursday showed 744,000 Americans filed first-time jobless claims in the week ended April 3. Analysts surveyed by Refinitiv were expecting 680,000 filings. The previous week’s total was revised higher by 9,000 to 728,000.

If economic conditions were getting better, that number should be going the other way.

Even I didn’t expect a number this bad.

Prior to 2020, the all-time record high for new unemployment claims in a single week was 695,000.  That record was established in October 1982, and it stood all the way until the COVID pandemic hit the U.S. early last year.

Sadly, we have been above 695,000 almost every single week since then.

The numbers compiled by the states tell us that nearly three-quarters of a million Americans filed new claims for unemployment benefits last week.  That is an absolutely catastrophic number.  Nobody should be talking about a “golden era of growth” or claiming that the “economy might be stronger than it’s ever been” until we get that number back down to pre-pandemic levels.

And right now, we are at a level that is about three times as high as pre-pandemic levels.

Look, the truth is that anyone that tells you that unemployment is low in the United States is lying to you.

According to John Williams of shadowstats.com, if honest numbers were being used the unemployment rate in the United States would be 25.7 percent right now.

That is the sort of number that we would expect to see during an economic depression, and the truth is that we are in an economic depression.

Over the past year, more than 70 million new claims for unemployment benefits have been filed, and approximately 4 million U.S. businesses have gone out of existence permanently.

But don’t worry, the stock market is hovering near all-time record highs and the corporate media is telling you that everything is going to be wonderful now that Joe Biden is in control.

Come on man!

You can’t really believe that stuff that they are shoveling.

With each passing day, more Americans are losing their jobs, more Americans are falling out of the middle class, and the cost of living just keeps going up even higher.

In fact, we just learned that global food prices have now gone up for 10 months in a row

The global food-price rally that’s stoking inflation worries and hitting consumers around the world shows little sign of slowing.

Even with grain prices taking a breather on good crop prospects, a United Nations gauge of global food costs rose for a 10th month in March to the highest since 2014. Last month’s advance was driven by a surge in vegetable oils amid stronger demand and tight inventories, according to Abdolreza Abbassian, a senior economist at the UN’s Food and Agriculture Organization.

I am going to continue to watch global food prices very carefully, because I believe that it will be a very important trend in the months and years ahead.

But for now, the good news is that at least economic conditions are relatively stable.

Yes, things are not nearly as good as they were before the pandemic, but at least they are not getting a whole lot worse.

So even though things are not great, we should enjoy this period of relative stability while we still can, because it definitely will not last.

What “Normal” Are We Returning To? The Depression Nobody Dares Acknowledge

By Charles Hugh Smith

Source: Of Two Minds

Perhaps we need an honest national dialog about declining expectations, rising inequality, social depression and the failure of the status quo.

Even as the chirpy happy-talk of a return to normal floods the airwaves, what nobody dares acknowledge is that “normal” for a rising number of Americans is the social depression of downward mobility and social defeat.

Downward mobility is not a new trend–it’s simply accelerating. As this RAND Corporation report documents, ( Trends in Income From 1975 to 2018) $50 trillion in earnings has been transferred to the Financial Aristocracy from the bottom 90% of American households over the past 45 years.

Time magazine’s article on the report is remarkably direct: The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% — And That’s Made the U.S. Less Secure.

“The $50 trillion transfer of wealth the RAND report documents has occurred entirely within the American economy, not between it and its trading partners. No, this upward redistribution of income, wealth, and power wasn’t inevitable; it was a choice–a direct result of the trickle-down policies we chose to implement since 1975.

We chose to cut taxes on billionaires and to deregulate the financial industry. We chose to allow CEOs to manipulate share prices through stock buybacks, and to lavishly reward themselves with the proceeds. We chose to permit giant corporations, through mergers and acquisitions, to accumulate the vast monopoly power necessary to dictate both prices charged and wages paid. We chose to erode the minimum wage and the overtime threshold and the bargaining power of labor. For four decades, we chose to elect political leaders who put the material interests of the rich and powerful above those of the American people.”

I’ve been digging into downward mobility and social depression for years: Are You Really Middle Class?

The reality is that the middle class has been reduced to the sliver just below the top 5%–if we use the standards of the prosperous 1960s as a baseline.

The downward mobility isn’t just financial–it’s a decline in political power, control of one’s work and ownership of income-producing assets. This article reminds us of what the middle class once represented: What Middle Class? How bourgeois America is getting recast as a proletariat.

This reappraisal of the American Dream is also triggering a reappraisal of the middle class in the decades of widespread prosperity: The Myth of the Middle Class: Have Most Americans Always Been Poor?

Downward mobility excels in creating and distributing what I term social defeat: In my lexicon, social defeat is the spectrum of anxiety, insecurity, chronic stress, fear and powerlessness that accompanies declining financial security and social status.

Downward mobility and social defeat lead to social depression. Here are the conditions that characterize social depression:

1. High expectations of endlessly rising prosperity instilled as a birthright no longer align with economy reality.

2. Part-time and unemployed people are marginalized, not just financially but socially.

3. Widening income/wealth disparity as those in the top 10% pull away from the bottom 90%.

4. A systemic decline in social/economic mobility as it becomes increasingly difficult to move from dependence on the state or one’s parents to financial independence.

5. A widening disconnect between higher education and employment: a college/university degree no longer guarantees a stable, good-paying job.

6. A failure in the Status Quo institutions and mainstream media to recognize social depression as a reality.

7. A systemic failure of imagination within state and private-sector institutions on how to address social depression issues.

8. The abandonment of middle class aspirations: young people no longer aspire to (or cannot afford) consumerist status symbols such as luxury autos or conventional homeownership.

9. A generational abandonment of marriage, families and independent households as these are no longer affordable to those with part-time or unstable employment.

10. A loss of hope in the young generations as a result of the above conditions.

The rising tide of collective anger arising from social depression is visible in many places: road rage, violent street clashes between groups seething for a fight, the destruction of friendships for holding “incorrect” ideological views, and so on.

A coarsening of the entire social order is increasingly visible: The Age of Rudeness.

Depressive thoughts (and the emotions they generate) tend to be self-reinforcing, and this is why it’s so difficult to break out of depression once in its grip.

One part of the healing process is to expose the sources of anger that we are repressing. As psychiatrist Karen Horney explained in her 1950 masterwork, Neurosis and Human Growth: The Struggle Towards Self-Realization, anger at ourselves sometimes arises from our failure to live up to the many “shoulds” we’ve internalized, and the idealized track we’ve laid out for ourselves and our lives.

The article The American Dream Is Killing Us does a good job of explaining how our failure to obtain the expected rewards of “doing all the right things” (getting a college degree, working hard, etc.) breeds resentment and despair.

Since we did the “right things,” the system “should” deliver the financial rewards and security we expected. This systemic failure to deliver the promised rewards is eroding the social contract and social cohesion. Fewer and fewer people have a stake in the system.

We are increasingly angry at the system, but we reserve some anger for ourselves, because the mass-media trumpets how well the economy is doing and how some people are doing extremely well. Naturally, we wonder, why them and not us? The failure is thus internalized.

One response to this sense that the system no longer works as advertised is to seek the relative comfort of echo chambers–places we can go to hear confirmation that this systemic stagnation is the opposing ideological camp’s fault.

Part of the American Exceptionalism we hear so much about is a can-do optimism: set your mind to it and everything is possible.

The failure to prosper as anticipated is generating a range of negative emotions that are “un-American”: complaining that you didn’t get a high-paying secure job despite having a college degree (or advanced degree) sounds like sour-grapes: the message is you didn’t work hard enough, you didn’t get the right diploma, etc.

It can’t be the system that’s failed, right? I discuss this in my book Why Our Status Quo Failed and Is Beyond Reform: the top 10% who are benefiting mightily dominate politics and the media, and their assumption is: the system is working great for me, so it must be working great for everyone. This implicit narrative carries an implicit accusation that any failure is the fault of the individual, not the system.

The inability to express our despair and anger generates depression. Some people will redouble their efforts, others will seek to lay the blame on “the other” (some external group) and others will give up. What few people will do is look at the sources of systemic injustice and inequality.

Perhaps we need an honest national dialog about declining expectations, rising inequality and the failure of the status quo that avoids polarization and the internalization trap (i.e. it’s your own fault you’re not well-off).

We need to value honesty above fake happy-talk. Once we can speak honestly, there will be a foundation for optimism.

America’s Economy Cannot Survive Another Lockdown, And The Cult Of The Reset Knows It

By Brandon Smith

Source: Alt-Market.us

The U.S. economy has been on the verge of collapse for at least a decade, ever since the crash of 2008 and the subsequent explosion in fiat stimulus from the Federal Reserve. While the mainstream media has always claimed that central bankers “saved” us from another Great Depression, what they actually did was set us up for a far worse scenario — a stagflationary implosion of our society.

Here is the primary problem: By injecting trillions of bailout dollars into the system, the Federal Reserve prevented the economy from going through its natural purging cycle. This cycle would have been painful for many, but survivable, and it would have removed large amounts of excess debt, parasitic corporations that produce little or nothing of use, as well as numerous toxic assets with no legitimate value. For a real free market to function, weak or corrupt elements must be allowed to fail and die. Instead, central banks around the world and most prominently the Fed kept all of those destructive elements on life support.

This has created what amounts to a “zombie economy:” a system that needs constant outside support (stimulus) in order to continue moving forward. In the process of keeping zombie corporations and other parts of the body alive, healthy parts of the economy, like the small business sector, get devoured.

The zombie economy is, however, highly fragile. All it takes is one or two major shocks to bring it down, and the moment this happens the whole facade will disintegrate, leaving the public in panic and disarray. This is what is happening right now in 2020, and it will get much worse in 2021.

Bailouts encourage and reward unhealthy financial behavior, and this is why national debt, corporate debt and consumer debt have recently hit historic highs. When every pillar of the economy is encumbered with the weight of debt, any instability has the possibility of bringing all those pillars down at once. The Federal Reserve turned the U.S. into an economic time bomb, and the Fed is itself more like a suicide bomber than some kind of fiscal savior.

The “Great Reset”

I first heard the term “global reset” or “great reset” back in 2014/2015. I wrote an article about how the reset was actually a long term process in my article The Global Economic Reset Has Begun. Christine Lagarde was the head of the IMF back then, and she mentioned it briefly in multiple interviews.

I made a mental note of it because it seemed planted into the discussion very awkwardly, as if it was scripted. I rarely heard it mentioned for years after that. In 2020, as we descend into social and economic chaos, I’m seeing the phrase used everywhere in the media and by globalists.

Over the past decade, globalist institutions have come up with numerous phrases that seem to refer to a worldwide planned and dramatic shift in human society sometime in the near future. The “great reset” is just another phrase for “the new world order.” It is important to understand that the reset these people are talking about has actually been engineered and staged for many years. This is not something that just popped up in 2020 — they have been talking about it since at least 2014. And before that, they talked about the new world order, and “multilateralism,” and the “multi-polar world order,” and Agenda 2030, etc.

The reset is the catalyst phase of an agenda that has been in the works for a long time now. The goal, as they have openly admitted many times, is to centralize the entire globe into one monetary structure, one highly interdependent and socialized economy, and eventually one faceless and unaccountable governing body.

One of the biggest obstacles to the finalization of the reset and the formation of the new world order has been liberty-minded populations across the planet — most of all, the liberty-minded people within America. The U.S. has to be destabilized or eliminated; the old world order has to be brought down before the new world order can be introduced. The people have to be beaten down and desperate, so that when the globalists offer their “reset” as the solution, the people will gladly accept it without question — simply because they want the economic pain and uncertainty to stop.

A common statement made by globalists from Klaus Shwab at the World Economic Forum to the current Prime Minister of Canada, Justin Trudeau, is that the coronavirus pandemic is the “perfect opportunity” to trigger the “great reset.” As globalist Rahm Emanuel is famous for admitting, in crisis there is opportunity to do things you were not able to do before.

In other words, when people panic in the face of crisis, they become easy to manipulate. And, if a crisis doesn’t happen naturally, then why not create a crisis from thin air and use that to cause panic?

Enter the economic lockdowns…

The lockdowns have not only been proven to do nothing to stop the spread of the coronavirus, but they are also a clear attack on what’s left of our economic system. The small business sector in particular is being gutted as more than 60% of those that shut down during the first lockdown were unable to reopen. Small businesses provide more than half of all employment in the U.S.. When they collapse, the U.S. economy will have nothing left except the big-box corporations that the Fed put on life support over a decade ago.

Real unemployment, which is already at 26%, will skyrocket even further if a second national lockdown is initiated. The speedy collapse of the U.S. economy will be assured, and the “great reset” can commence. At least, that is what the globalists want to happen…

With the U.S. presidential election currently being contested, it is hard to say how the next few months will play out in detail. As I have been pointing out since July, a contested election is the best possible scenario for the globalists because it creates a Catch-22 situation:

  1. If Trump stays in office, the political left will accuse him of usurping the presidency and there will be mass riots in the streets. Conservatives will be tempted with the idea of bringing in martial law to suppress rioters, and such measures will undermine the flow of the U.S. economy, causing its fragile structure to implode.
  2. If Biden enters the White House, then he will attempt a Level 4 lockdown similar to the lockdowns we have seen in Australia, France, Germany and the UK; perhaps even worse. Our economy will crumble, conservatives will revolt, and Biden will attempt martial law measures.

Either way, the globalists get their crisis, and therein their opportunity.

Surviving the lockdowns and deterring the globalists

But here is where things get less certain for the elites. If liberty-minded Americans organize immediately for security and mutual aid, we can defuse the Catch-22. If we provide for our own security within our own communities, there will be no rationale for Trump to institute martial law. Community security is an awesome deterrent against leftist rioting and looting, and basic economic trade can continue.

By extension, if we organize our own community security as well as localize our economies with barter and trade, we also act as a deterrent to Biden and any ideas he might have of enforcing national lockdowns. The point is, we can’t allow the globalists to dictate the terms of the crisis. We must act to change the rules of the game.

The reset is not a natural inevitability, it is a con, a trap. No matter how bad the crisis in our nation becomes, it is the people — namely the liberty-minded people — who will determine the future, not the globalists. Their plan relies on our panic. Instead of panic, let’s show them a unified front and a plan of our own.