Search results for bail in

The Bail-in: Financial Collapse To Steal Your Money

The GFC of 2008, triggered by the illegal leveraging of the US housing market, saw the reserves of countries drained around the globe.

The next round, just getting underway, will drain the reserves of medium depositors through bail-in provisions that have recently been activated in most countries. I say medium because the big guys are always forewarned and take protective action, whilst the smallest depositors, at least in some jurisdictions, are protected by threshold protections put in place of, say, $100,000.

This model was given its test run in Cyprus in March/April 2013.

The global bail-in model was given the go ahead at the G20 meeting in Brisbane in November 2014 and endorsed by the Financial Stability Board (FSB), one of those secretive global banking organisations that you probably haven’t heard of and which coordinates policy for the central banks of the world, in its review document of April 2013 (the timing of this report illustrates that the Cyprian bail-in was very clearly a test run). It was implemented in Europe and the US effective January 1 this year (just in time for the unwinding that began from the first day of stockmarket trading in 2016). Australia appears to have not yet got its legislation over the line, in part because of proactive pushback by the public. This example from Italy, however, suggests that in some jurisdictions it has been in place for a while and may have no small depositor protection.

This recent video from David Icke puts the bail-in practice into its broader context, joining the dots in the actions of the global elite to fleece the public of their assets. As David explains, none of this, including the global financial crises themselves are by accident and are carefully planned over a long period of time.

A Crisis Worse Than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US.  Poverty also kills.

At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed the EU and the G20’s Financial Stability Board, which have imposed an “Orderly Resolution” regime that keeps insolvent banks afloat by confiscating the savings of investors and depositors. Some 130,000 shareholders and junior bond holders suffered losses in the “rescue.”

The pensioner’s bank was one of four small regional banks that had been put under special administration over the past two years. The €3.6 billion ($3.83 billion) rescue plan launched by the Italian government uses a newly-formed National Resolution Fund, which is fed by the country’s healthy banks. But before the fund can be tapped, losses must be imposed on investors; and in January, EU rules will require that they also be imposed on depositors. According to a December 10th article on BBC.com:

The rescue was a “bail-in” – meaning bondholders suffered losses – unlike the hugely unpopular bank bailouts during the 2008 financial crisis, which cost ordinary EU taxpayers tens of billions of euros.

Correspondents say [Italian Prime Minister] Renzi acted quickly because in January, the EU is tightening the rules on bank rescues – they will force losses on depositors holding more than €100,000, as well as bank shareholders and bondholders.

. . . [L]etting the four banks fail under those new EU rules next year would have meant “sacrificing the money of one million savers and the jobs of nearly 6,000 people”.

That is what is predicted for 2016: massive sacrifice of savings and jobs to prop up a “systemically risky” global banking scheme.

Bail-in Under Dodd-Frank

That is all happening in the EU. Is there reason for concern in the US?

According to former hedge fund manager Shah Gilani, writing for Money Morning, there is. In a November 30th article titled “Why I’m Closing My Bank Accounts While I Still Can,” he writes:

[It is] entirely possible in the next banking crisis that depositors in giant too-big-to-fail failing banks could have their money confiscated and turned into equity shares. . . .

If your too-big-to-fail (TBTF) bank is failing because they can’t pay off derivative bets they made, and the government refuses to bail them out, under a mandate titled “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution,” approved on Nov. 16, 2014, by the G20’s Financial Stability Board, they can take your deposited money and turn it into shares of equity capital to try and keep your TBTF bank from failing.

Once your money is deposited in the bank, it legally becomes the property of the bank. Gilani explains:

Your deposited cash is an unsecured debt obligation of your bank. It owes you that money back.

If you bank with one of the country’s biggest banks, who collectively have trillions of dollars of derivatives they hold “off balance sheet” (meaning those debts aren’t recorded on banks’ GAAP balance sheets), those debt bets have a superior legal standing to your deposits and get paid back before you get any of your cash.

. . . Big banks got that language inserted into the 2010 Dodd-Frank law meant to rein in dangerous bank behavior.

The banks inserted the language and the legislators signed it, without necessarily understanding it or even reading it. At over 2,300 pages and still growing, the Dodd Frank Act is currently the longest and most complicated bill ever passed by the US legislature.

The rest of the article is here.

Secret of Iceland economic miracle: Jail bankers, let banks go bust & no bail-out

I encourage you to watch this video, to understand how the Icelanders rapidly recovered from the 2008 crisis. Except there’s one core element not discussed. Iceland does not have a private, Rothschild-controlled central bank (and I have confirmed this with an Icelandic friend). They don’t have a leech attached to their economic heart, bleeding them dry, as most other countries of the world do, including the so-called economic powerhouses of the world – United States, Russia and China. No Rothschild central bank, no debt. Get the picture? It’s pretty simple, really, but its mired in obfuscation.

What surprises me is the key politicians responsible are still alive (look at the history behind the actions of the Polish government all killed in a plane crash in Russia a few years ago for a recent example), and that the mainstream press actually mentions it.

And here is a 40 second summary of what and how it was put in place in the United States.

The Ebola Epidemic Silver-Lining: IMF Bailouts For Everyone

Here is an interesting take on the Ebola Epidemic. It’s always good advice to follow the money…

Treasury still working on Australian ‘bail-in’ law

Thank you, John. For me, the connection to the confiscation of depositor’s funds in Cyprus is the key. In line with David Icke’s “Totalitarian Tiptoe” model, we see legislation being put in place under which depositor’s funds can be confiscated around the world.

I remember a phrase from my old world business days – “Think Global, Act Local”. Our dark friends are masters at this. Another example of this is the changing of planning laws across the planet to allow the construction of the tiny apartments now being built in New York. 10’ x 30’ apartments. It’s the format for the dense, urbanised housing that is planned for those who manage to survive in the “new world”. Of course, such changes are enacted at the state and local council level, and most don’t see how this is being rolled out globally.

Richard

 

Small beans, but indicative of the machinations of the money people.  “For profit” when going well, socialised when not.  What a great set up! 

JR

Citizens Electoral Council of Australia

Media Release  Thursday, 20 March 2014

Craig Isherwood‚ National Secretary
PO Box 376‚ COBURG‚ VIC 3058
Phone: 1800 636 432
Email: cec@cecaust.com.au
Website: http://www.cecaust.com.au/

Treasury still working on Australian ‘bail-in’ law—demand to know what’s in it

Senior Treasury figures have confirmed to the Citizens Electoral Council that the “bail-in” legislation about which the CEC warned in its full-page advertisement in The Australian on 3 December, is still under preparation.

In response to the public’s concern, the officials claimed that “bail-in” does not apply to bank deposits, only to a new type of bank bond.

However, given the way bail-in has been applied around the world, and the Australian government’s own track record with bank deposits, the Australian people must demand to know exactly what will be in the legislation.

First, take the government’s approach to bank deposits. Abbott and Hockey are keeping the legislation that Rudd rammed through last year, to seize deposits in bank accounts that have been “inactive” for three years. A government source has revealed that Abbott and Hockey are keeping this measure, because the government is now dependent on this “revenue”.

Second, be aware of how bail-in has been implemented in other countries, under the supervision of the same IMF-Financial Stability Board-G20 nexus supervising it in Australia:

  • In March 2013 the IMF, European Commission and European Central Bank bailed in depositors in the major banks of Cyprus, when the impending failure of those banks threatened to ignite another wave of bank failures across Europe. Even though this seizure of deposits was for amounts above the guaranteed threshold of 100,000 euros, it so destroyed confidence in the banking system that all accounts were frozen to avoid bank runs, and Cyprus was plunged into financial chaos and economic collapse.
  • That same month the president of the Eurozone finance ministers, Jeroen Dijsselbloem, declared the Cyprus bail-in was now the “template” for the entire Eurozone.
  • On 13 October 2013 the IMF’s Fiscal Monitor report proposed a one-off, across-the-board seizure of 10% of the private wealth of the citizens of Europe, from their bank accounts, to reduce public debt.
  • The Reserve Bank of New Zealand has implemented its own bail-in policy called Open Bank Resolution, in which depositors have no protection, but like all “unsecured creditors” will see a portion of their accounts seized to keep the bank going. The RBNZ brags that its OBR policy is aligned with the Financial Stability Board’s Key Attributes of Effective Resolution   Regimes, which includes bail-in.

Under the pressure they are getting from the public, the Australian government is trying to claim that its planned bail-in law doesn’t involve seizing deposits, but the public should not accept that reassurance until it is shown in writing in the legislation.

The CEC is leading the fight to force the government to come clean on this issue, and abandon any plans it has for depositor bail-ins. Join the fight!

Click here to sign the CEC’s statement against bail-in and, instead, for a Glass-Steagall separation of risky investment banking from retail banking, so that deposits in retail banks are kept safe.

Click here for a free copy of the CEC’s new pamphlet, Glass-Steagall NOW!, which shows how stopping the global financial meltdown begins with Glass-Steagall.

Click here to join the CEC as a member.

Click here to refer others to receive regular email updates from the Citizens Electoral Council of Australia.


 

The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill

Update: in case there was any doubt about the ECB’s true intentions, we just got the official “denial”:

  • DRAGHI: ANY ECB ACTION ON EU500 NOTE IS NOT ABOUT REDUCING CASH

Translation: the ECB action is only about reducing physical cash, some 30% of it to be specific.

* * *

The first shot in the global war on cash was just fired, by none other than the ECB, which moments ago Handelsblatt reported…

ECB wants to stop issuing 500 Euro bills – our exclusive https://t.co/LLe2qyhBjK

— Daniel Schäfer (@schaeferdaniel) February 15, 2016

… and Bloomberg confirmed – ECB COUNCIL VOTES TO SCRAP EU500 NOTE: HANDELSBLATT – has voted to scrap the second highest denominated European bank note in circulation.

… after the CHF 1000 note.

So what, big deal, eliminate it. The people will still have 5, 10, 20, 50, 100 and 200 euro bills right.

As we wrote just one week ago, the answer is not that simple at all. Recall that the €500 note is the second highest currency denomination in G10, after the CHF1,000 note. More importantly, the total value of €500 notes in circulation amounts to €306.8bn and has been rising…

End of quote.

Again, let’s recognise how so many moves are interlinked.

As the world moves towards a regime of negative interest rates, TPTB do not want people able to take their money out of the banking system as cash, thus saving themselves the cost of keeping it inside the system, which is what negative interest rates mean. It’s a good justification in (their) practical terms to eliminate cash and make all money electronic. This makes control much tighter and means they can easily take someone off the system by confiscating your money and shutting down your access to the system. Mind you, the current system doesn’t stop them, as Dr Rima Laibow experienced a year or so ago and Mark Phillips experienced back in the 80’s. But at least currently you can find ways around it.

Not when it’s all electronic.

It also means you can’t slip around their quietly enacted bail in legislation (activated In Europe and the US on January 1 this year) that has depositors becoming a low rated, unsecured creditor to the bank, which means when their high stakes gambling called derivative exposure goes bust, its depositors will fund their survival.

Paying electronically, whether with a credit or debit card, or Apple Pay or similar, is very convenient, and most don’t think about the risks in this system, as outlined above. It is all very easy when the prison bars are attractive to the inmates, and it’s all fine until they close the door and lock it, then throw away the key. Actually, most still won’t notice.

The modern smartphone has us buy our own personal tracking device that we would never accept if we were told we have to carry it with us at all times. You can be tracked to within a few feet.

I could give you many other examples.

The Big Short is a timely warning for 2016

The recently released movie “The Big Short” came highly recommended from several sources, so I was keen to view it – and it did not disappoint. It tells the story of a few people who recognised that the 2007 housing bubble in the US had been massively exacerbated by packaging housing mortgages together as a tradeable instrument (Mortgage Backed Securities or Mortgage Bonds) and on sold. And as the game accelerated, the worst of the mortgages, including many that didn’t actually exist, were packaged up as Collateralised Debt Obligation (CDO). Rated as AAA by the credit agencies, they were very often not, and when interest rate clauses on the loans kicked in in 2007, it was only a matter of time. But this then got amplified through the creation of Synthetic CDOs, effectively a bet on a bet, or a derivative instrument. The film claims the Synthetic CDO market was 40 times the underlying CDO market. The 2008 global GFC owes its genesis to this scam. If this subject interests you, I highly recommend the movie for its insights. Jon Schwarz says:

What sets The Big Short apart and makes it truly great is that it portrays this worldwide, straight-faced fraud accurately; that is, as not just dangerous and enraging, but also extremely funny. It calls to mind Monty Python’s famous dead parrot sketch about a pet store salesman who defrauds his customer and then offers an endless stream of preposterous, contradictory obfuscations to conceal the obvious reality. The Big Short demonstrates that we’re now all living in that pet store.

End of quote.

It’s also interesting for what it doesn’t say, which is the abundant evidence that this bubble was orchestrated, generating yet another harvesting of assets from the public into the hands of the banks and their owners. It also does not discuss how the GFC was used to sweep all remaining government level reserves into the hands of the banksters via “too big to fail” bailouts.

The movie does mention that no banks or major bank principals were prosecuted, that one of those who shorted this market (Michael Burry) who tried to tell the US government about how he knew there was an issue was treated with FBI and IRS attention (the usual treatment of whistleblowers) and that similar instruments began to be sold in 2015 called a “bespoke tranche opportunity” – a CDO by any other name.

For me, the real value is in alerting us to what we are about to witness, in my opinion. The derivatives market in general is absolutely huge and the underlying market is falling apart. I have shared many underlying indicators with you of the state of the global economy. In many ways, it’s worse than 2008 and there are no governmental reserves left to steal. Many countries now have “bail in” legislation in place, which means the banks’ depositors become a low ranked, unprotected creditor, meaning they’ll be taking your savings this time.

It seems that falls in the Chinese stockmarket are driving falls elsewhere. However, the following chart shows you this is a loaded gun.

This tells us that the Chinese market would have to fall by about 70% to approach the valuations of the major global markets, which are themselves falsely elevated. If you are looking for a loaded gun, this is it.

It’s as if the global economy has been hollowed out underneath the stockmarket, leaving it as the only indicator that things are OK…

I have said before that I consider that when this comes apart, it will make 2008 look like a Sunday school picnic. I have seen nothing to change my view.

The Big Short tells its story well, and it shares some insights we can all learn from; and you may like to read the rest of Jon Schwarz’s article.

When you Deposit Funds in a Bank, it Becomes “Their Money”

Although there has been quite a bit said and written about this recently, I felt it important enough to revisit, as I don’t believe the reality of your status as a bank depositor has been fully understood by many people. I quote:

The world is awash with “promises”. Nearly everything we think of as having “value” is because of a promise behind it. A few examples; your bank accounts, retirement funds, bonds and even the dollar bills in your pocket. Your bank account for example, once you deposit the money it is no longer yours. You can argue this if you wish but we now know this is true for sure after recent “bail in” legislations passed throughout the west. When you deposit funds into a bank, it then becomes “their money” held for you …they “owe” it to you.

Do not take this lightly, lawmakers around the world have made this the new reality. A little known fact, in 1845 Britain passed banking law that made depositors (unsecured creditors), this is still precedent to this day. When you deposit money you “accept a liability” from your bank and are classified as an unsecured creditor. In other words, “get in line with everyone else”!

Same thing with many retirement accounts. Think about Social Security. When you get your annual statement form, it comes with an asterisk. This is to inform you they “might need to reduce benefits”. With any retirement account you are relying on the custodian to make payments to you upon retirement. Think about state and municipal retirement accounts promising the good life, they are nearly ALL underfunded. Meaning there is not enough money in there to make (promised) future payments unless some sort of magically higher returns are realized. These are underfunded by the TRILLIONS of dollars!

Bonds are an obvious asset class where a “promise” is relied on. Dollars on the other hand seem the most misunderstood by the public while being the biggest leap of faith in all asset classes. Dollars rely on the “full faith and credit” of the U.S. government (a bankrupt entity) yet the populace sleeps through the night secure knowing they own dollars. ALL non backed, fiat currencies in the past have failed. The dollar is the widest spread and widely owned fiat the world has ever known, its failure will be spectacular upon arrival!

I wanted to point out the above “promises” as a basis to speak about trust or confidence. The financial world turns on the axis of “trust”. This trust was nearly broken in 2008 and is the reason the Federal Reserve needed to secretly lend $16 trillion all over the world. If the Fed had not come up with these funds, failures would have spread and trust would have been broken amongst the banks/other financial institutions and even between the central banks themselves! The Fed’s largesse worked and trust was maintained.

End of quote.

I commend the rest of the article to you.

Kim Dotcom planning a crowdfunded, secure Internet replacement – Meganet

Kim Dotcom is a highly intelligent, practical Internet entrepreneur that the MPAA had the US Government target some 3 years ago, breaking many laws in doing so. Having successfully replaced Mega Upload with MEGA and got back into business whilst he is on bail in NZ, he is now planning a secure Internet that uses block chaining to scatter the components of a file all over the global network and then reassemble them, making it very unlikely the file can be accessed and decrypted in transit.

This fascinating interview is broken into Part 1 and Part 2.

“Let Me Explain What Happens Next…” – A Reader Sums It All Up Very Ominously

I quote this article from Zero Hedge:

A reader recently wrote me a long letter on how he feels about all this ‘Plandemic’ stuff.  I thought it would be good to share it as there is so much in it which rings bells of truth for me…[emphasis ours]

I’ve just woken up after reading ZeroHedge late into the night. I awoke with the conviction that Covid is being used to roll out a police state:

They know it’s not deadly, it’s no longer spreading and Lockdown is killing off the few small businesses which remain viable. Yet Boris now insists upon banning the assembly of more than 6 people. He has recalled some petty bureaucrats to act as street enforcers and requested people become snitches who report on their neighbours for any breaches of these guidelines. This automatically means we must now all fear our neighbours, or strangers who take our car number. How better to destroy the mutual trust upon which society is built?

Just think if one were to refuse to bend the knee.  In Australia and Spain the police have been caught using excessive force against those not wearing masks. Intimidating isn’t it? I’m thinking I may have to start using one. Yet the science is clear – masks offer no protection.

So we know these new restrictions are not being driven by the authority’s concern for our health. And what is the difference between where we are now and making it normal for the police to come to your door and arrest you for a breach of their protocols? What is the difference between where we are now and an oppressive police state?

There is only one difference between now and full-on state oppression:  A change in the Zeitgeist.

They need an event that will change the mood of the people – an event or a series of events that make us afraid of ‘them’. A psychological shock that will give the police the conviction that things are so bad ‘a little force is necessary’ to ensure things don’t get out of control. And then, magically, the current ‘temporary restrictions’ become state oppression. What could that game changer be?Imagine this November: The US has 100 cities descending into what looks like the start of civil war as patriots turn out to stop Antifa burning down Middle America. Kamala Harris is calling for the army to ‘evict’ Trump because he refuses to leave the White House on the grounds that he won the popular vote while the mail-in ballots were fraudulent.

For the Brits, Brexit has caused problems at the ports – among other things some foodstuffs are not getting through. Germany’s economy has cratered after the EU stopped them exporting cars to the UK (Trumps already tariffed them), and the EU’s bank has insisted Germany let the 500 non-viable, medium sized biz (currently kept alive with emergency funding) go bankrupt.

Deutsche Bank collapses and this initiates a global banking crisis. Europe has no way of saving its banks as all the European economies are so damaged and 20% of workers have already been laid off.  It’s a Greek style banking crisis on steroids. People are pulling out cash in the expectation of daily cash limits. Physical gold will have already disappeared from the market place. So any biz with money in the bank is frantically buying bitcoin in an attempt to avoid their working capital being ‘bailed in’.

The banks will have already pulled the plug on their most vulnerable customers – the airlines – so virtually no planes are flying. Dover is jammed up with lorries lining the approach roads. So no one can leave Blighty.  And if you did, the emergency measures intended to pre-empt Covid’s Second Wave require you to be kept in quarantine at your destination. Locked down in a hotel, under military guard (as in NZ), for 4 weeks at your own expense and with frequent testing to ensure you are not a carrier. With full bio-metric data being collected and filed on an EU wide register. In practice this means that travel becomes so fraught that escape from your homeland is just about impossible.

You get the gist?  November could be the end of world as we know it’ (TEOTWAWKI).  But my point is this: Why are we looking at such a catastrophe if their goal is not a police state? No one destroys the globe’s economy and creates the conditions for a 10 year Greater Depression by accident. This has to be a planned, intentional destruction of much of global civilization.

The evidence is overwhelming. This civilization has been purposefully destroyed. Right now we’re in an unreal time (like the beautiful summer just before WW1’s carnage).  It’s like Wiley E Coyote who has gone over the cliff, is still running but not yet started to fall. But when we fall, how will people react as they realize that they will never work again, never pay off the mortgage, never collect their pensions?  If we have state oppression and economic chaos by Christmas then what will be the next stage of their takeover?

The world’s economy is already doomed. The already broken supply chains ensure it can only get worse.  Once the derivative market goes, and banks can no longer fund the credit lines crucial for importers and exporters, then trade will collapse and thus food supplies cease.

It would seem to be inevitable that America is going to see more conflict as the Dems & Soros show no signs of wishing to abort their colour revolution. Maybe in 2021, maybe a year or two later, but there will come a time when a credit shortage leads to deflation. So the banks will print more and then rain down helicopter money which will lead to inflation. And then the currencies will start collapsing. Many people understand that this is inevitable. But what happens when people come to accept that money isn’t go to be worth the paper it’s printed on?  And thus keeping a job may not be worth the danger of leaving your house or of leaving safety.

I summarise one of last night’s articles:

“the beasts of burden don’t rebel, they just no longer show up. Not showing up can take a number of forms: early retirement, sick leave, a demand to work halftime, a workers’ compensation stress leave, and of course, resignation and quitting as in: “take this job and shove it”.  They slip noiselessly into the cracks and crevasses and once they’re gone, there’s nobody left to replace them.”

“As the Vital Few 4% realize the system no longer works for them and opt out, this will have an out-sized effect on the 64%, most likely urban dwellers, highly dependent on increasingly brittle, fragile services that depend on the Vital Few for their functionality. Think of London’s tube train drivers phoning in sick – ideology won’t matter.

Those dropping out may be Conservative or Progressive or they may have lost interest entirely in politics and all the other circuses that serve to distract the populace from the crises dissolving the glue that held the system together. “So I won’t get rich, that dream died a long time ago.”  What I’m interested in now is getting my life back and getting the heck out of Dodge as things fall apart.”

The rich will escape to their holiday cottages. The poor will riot – but what then?  As the social facade cracks, and the economic system breaks, there is neither a society nor an economy to fall back on. By Christmas it will be obvious that normality has gone for ever.

So what will ‘they’ do with millions of unemployed, frightened people?  If  ‘they’ leave the internet on then the people will start to organize – first politically – but when that doesn’t work, riots and then finally revolution. Turn it off and they will riot without being organized. Turn off phones and all hell will break out. Don’t turn them off and the kids will organize against the state – trash cars or burn down the local police station.  Have you noticed how some police stations look like forts?

My point is that it’s very hard not to see ‘events’ hitting the fan this November. And once they do it’s very hard to see life ever going back to stability, let alone ‘normality’. Rather, there will be an overwhelming need to control {oppress} the population before they take over the state. But what do you do with millions of unemployed in a failed economy who are doomed to losing their currency, long term poverty and probably food shortages. There is only one thing ‘they’ can do. Kill them.

Ideally, for the elite, Covid’s Second Wave will have a higher morbidity rate. Enough to steadily reduce the population but not so fast they can’t be buried in plague pits. It would have to be bad enough to justify a harsh Lockdown but it’s difficult to see that being feasible without giving the people electricity, internet & food and the money to pay for it. And even then it’s only a temporary fix as Lockdown can’t last for ever. Permanent Lockdown would soon destroy the currency which will mean no electricity or food.

Maybe Covid-19 v1.0 was supposed to kill off more people but it failed. Or maybe it worked as intended – they didn’t want to risk killing off too many in case the Lockdown failed and we revolted. But I don’t see they have much choice now. ‘The Fourth Turning’ will be turbulent until 2025 and things won’t really be resolved until 2030. How are they going to manage us for another 10 years? How will they control us? Feed us?

They can start a war but no one is going to turn up. Fight a war for the elite? Use a gun to kill people you don’t know?  That’s not going to happen. And they need to preserve the professional soldiers to ‘maintain the peace’ in the cities. So what options do they have but to release a more potent bio-weapon – nuclear war perhaps?

One of the scary things about working through ‘their’ options is that they don’t have many. Things have gone too far – they’ve destroyed the world’s economy. The system is stuffed. What are ‘they’ going to do with 2bn unemployed people. Even if there is enough food but the US has a developing dust bowl, Africa’s suffered huge locust devastation, and China’s preparing for food shortages. How do unemployed people pay for it?  Who can give them money without destroying the currency or if the currency is already destroyed?

A simple thing like the current fall in the number of sunspots is indicating an immediate future of colder weather and lower crop yields. Add into that, fuel shortages for agricultural machinery, lack of fertilizer – Nitrogen is made by burning lots of oil, lack of supply lines, and loss of credit lines. With people in Lockdown ‘they’ would be relying on a planned economy (not a free market) which is going to be inefficient. A planned economy is completely incapable of ensuring a stable food supply when there are shortages and the world is chaotic.

It’s not even feeding our cities that will be prime problem. It will be feeding the cities in Mexico and North Africa. They can’t cope with food price inflation. But they won’t starve – they’ll flood into the USA or cross the Mediterranean – lucky us!  And what will Erdogan in Turkey do to feed his people – nothing good!  If there are real food shortages then note that there are huge Muslim populations in France & Sweden, Turks and refugees in Germany, Pakistani ghettos in UK and plenty more where they all came from.

I’m feeling concerned. The problem is I can’t see Brexit solving our problems. Sure, it may not exacerbate them as much as I fear. November’s events may not trigger us into a state of oppression. But do you see my point?  Things have got so bad, they can only get worse. November is bound to see some changes and they may well trigger a change in the Zeitgeist, though how significant depends on ‘events, dear boy, events’.

But whatever happens I think it’s virtually guaranteed that both the economy and society will keep on deteriorating.

Do you think I’m right?

Will November be the tipping point?

Is there any way back?

Will there be anything to go ‘back’ to?

Or else, is it a case of:  “we’re doomed, I tell ya, doomed”.  And what happens when more people work out that the elites have created a situation where their only option is to rapidly reduce the population! Famine will lead to uncontrollable social conflict, perhaps with Muslims massacring whites in general or the local Jewish populations in particular. I think that much conflict could see ‘them‘ lose control.

Thus it’s hard to see any other viable method than a bio-weapon. Agenda 21 could be implemented on schedule. And if not, the solution will need to be applied within a few years, certainly before 2025.  Timing may depend on vaccine production as there will have to be at least enough vaccine for essential workers, the police, the military and the management class if the elite are to retain control.

End of quote.

Someone else just woke up.

Also, the following article from The Age newspaper in Melbourne of October 24, 2014, was sent to me today (thank you, Hedy):

Deadly flu pandemic could shut down Melbourne

A deadly pandemic could shut down Melbourne as we know it.

Public transport could be terminated, AFL games cancelled and the casino, schools and office towers forced to close.

It has been predicted that the first wave of a pandemic could cause 10,000 deaths in Victoria. But families and friends may not be able to publicly mourn lost loved ones, because funeral services could be stopped as part of policy of “social distancing”.

While Ebola is currently the focus of public fear – with a doctor in New York testing positive for Ebola on Friday – an influenza pandemic is considered far more likely to cause mass deaths and panic in Melbourne.

It is a scenario that has been seriously considered and prepared for by all levels of government.

Melbourne City Council has its own detailed Influenza Pandemic Action Plan. Obtained by The Age using freedom-of-information laws, the document details the likely location of six “Mass Vaccination Centres”.

Outbreaks of influenza – often spread through coughing and sneezing – occur yearly during colder months in Australia. Pandemics can begin when a highly infectious new strain emerges for which humans have little or no immunity.

Australian National University Professor of Infectious Diseases, Peter Collignon, said there was a concern Australia could again see an influenza pandemic similar to the 1918 Spanish flu, which claimed about 10,000 Australian lives and caused more deaths worldwide than the First World War.

He said that every year there was a less than 1 per cent chance of experiencing a similar event. “However things can change, so we need to be vigilant,” he said.

Melbourne City Council’s pandemic plan was developed in 2008 in response to the H5N1 avian flu and considers a range of impacts of a deadly flu on Melbourne.

The plan – currently under review – says businesses should prepare for up to 50 per cent of their staff to be absent, as workers fall ill or stay at home to care for the infected.

At first the most vulnerable are expected to include homeless people and single-parent families. But as the pandemic takes hold new potential victims could emerge.

There could be orphaned children, the so-called “worried well” and the newly unemployed who have lost their jobs as a result of a pandemic-prompted economic downturn.

Mass vaccination centres could be set up across the city, with likely locations including Melbourne Town Hall, Carlton Baths, North Melbourne Town Hall and Kensington YMCA. Those who go to the centres will have to bring their Medicare card, birth certificates or other documents to prove they are in the “priority group” for vaccination.

Also likely to be part of the front-line pandemic response is the funeral industry, which could use their vehicles to transport bodies, helping to free up ambulances for the living.

Australian Funeral Directors Association president Darren Eddy said mortuary workers already used protective equipment, including goggles, when handling a body. But a pandemic could change the public face of the business.

Due to restrictions on large gatherings, Mr Eddy said funeral directors may have to videotape services so friends of the deceased can watch the event online on home computers.

Cancelling big events could be appropriate in a pandemic, Professor Collignon said. He said, however, that authorities should consider not only the virus’ severity, but also its likelihood of spreading.

While strains of the bird flu had a mortality rate of up to 40 per cent, because it did not spread easily, there would be no need to cancel a football match, he said.

A Melbourne City Council spokeswoman said in the event of a major disease or influenza outbreak, the council would take direction from the state government. In an “unlikely” local case of Ebola, Victoria’s health department said the primary response would come from health services and clinicians.

End of quote.

Coincidence? I’ll let you decide.

Richard

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