The 'Conman Elites' That Want To "Save Us" From COVID-19

Last week the Federal Reserve released a report predicting that the next print on GDP numbers will likely show a loss 34.9% in the second quarter. This is the biggest GDP plunge since the Great Depression; even the crash of 2008 doesn't compare. And when we take into account the fact that the Fed artificially boosts GDP calculations by adding in many non-productive government programs, we have to ask, what are the REAL losses above and beyond what the Fed admits to?

With the supply chain in disarray, many companies (like Apple) are trying to shift their manufacturing base to dodge the pandemic. Of course, none of them want to bring factories back to the US; there's simply no incentive to do so. And, the small business sector has been crushed by the shutdowns, with the vast majority of those seeking bailout loans still waiting for aid and over 20.5 million employees laid off in April alone.

Needless to say, the economy has been severely affected. The problem is that many people are being led to believe that this event has been triggered by the virus outbreak alone. This is a lie. As I noted back in February in my article 'Global Centralization Is The Cause Of The Crisis – Not The Cure', the collapse of the Everything Bubble was well underway long before the pandemic. The crash was started by the Federal Reserve hiking rates into economic weakness at the end of 2018, puncturing the bubble and setting the liquidity crisis in motion.

The pandemic is just the icing on the cake of a collapse that was going to happen anyway. It is also a convenient scapegoat, because now the banking elites are going to escape all the blame for the crash and the public is going to hyperfocus on the coronavirus as the culprit.

http://www.alt-market.com/index.php/articles/4225-the-conman-elites-that-want-to-save-us-from-the-coronavirus

>>9260621

I remember hearing that the Navy was 1/3 cabal aligned. Might explain all the ship outbreaks and these indictments

>>9260621

NOTABLE

China changes iron ore import rules in escalation of trade war over COVID-19 inquiry call

China has ramped up its attack on Australia, sending “another implicit warning to Australia” that could hurt a $63-billion-a-year market.

Trade tensions between Australia and China have escalated again after Beijing imposed new customs inspection procedures on iron ore imports.

The move comes on the back of China imposing an 80 per cent tariff on barley and suspending some beef shipments from abattoirs, seen as retaliation for Canberra’s call for an inquiry into the coronavirus pandemic.

The Communist Party-controlled newspaper Global Times has described the latest import change as “another implicit warning to Australia”.

The paper, considered a mouthpiece for Beijing, quoted academic Yu Lei, a chief research fellow at the Research Centre for Pacific Island Countries from Liaocheng University, as saying: “It is associated with how Australia has acted and a general decline in demand for steel on the global level.”

The newspaper’s report on the change went on to say that “Australia’s iron ore export to China could fall victim to the rising bilateral tensions”.

“The announcement comes at a delicate time when the China-Australia relations have ebbed because of Canberra's incessant efforts to spearhead an independent probe of the COVID-19 outbreak in China in order to stigmatize (sic) the country,” it said.

“China said that the virus, like MERS and SARS, was jumped to humans from a host animal, and was not made in a lab.”

In another editorial, the Global Times declared: “China has the power to hurt the Aussie economy.”

Customs authorities in China today issued a directive about new inspection rules on iron ore, essentially meaning that officials can demand extra checks on imports.

The General Administration of Customs said the new procedures would “streamline” imports and “build a better business environment”.

But some analysts in China believe it could see Australian batches of iron ore delayed for inspection while other imports from competing nations “sail through”, The Australian Financial Review reports.

One such analyst, Du, told the newspaper the changes could be manipulated to punish Australian importers.

“Australia asked for a groundless investigation by following a certain country, therefore the market will link this to other things,” Mr Hongfeng said.

https://www.news.com.au/finance/economy/australian-economy/coronavirus-in-australia-china-changes-iron-ore-import-rules-in-escalation-of-trade-war-over-covid19-inquiry-call/news-story/cb40e2c1104d253397808ad55d8e86ee