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Countering the Yellow Peril, Part II: The US

Peter Navarro, Trump’s trade advisor, recently stated, “We are at war with China”. He did not mean a literal shooting war, but his statement carried more meaning than that of a simple trade war. He then went on to accuse China of deliberately putting passengers infected with the coronavirus aboard flights bound for the US in the early days of the epidemic. It was an inflammatory statement. The American economy is perhaps facing shrinkage of its GDP by as much as 10% in 2020 due to its mishandling of the pandemic, while Asian economies are now almost up to full capacity, having clamped down the spread of the virus. So,why the heightened rhetoric? Continue reading “Countering the Yellow Peril, Part II: The US”

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What’s up with the Fed?

This will be the first of several articles outlining the state of affairs in the West post-COVID-19. We’ll start with economics. A little over a month ago there were several headlines in open-source articles that carried the headline, “Has Trump Nationalized the Fed?”, or words to that effect. The US Federal Reserve has been a favorite of speculation, conspiracy theory, revile and even praise for years. We won’t be examining issues like foreign ownership in the Fed here. But recently, with the outbreak of the coronavirus in the US, it has been directed to start buying up junk bonds and the like to the tune of trillions of dollars at what many commentators see as an alarming turn of events, while using BlackRock as its agent. What exactly has happened to The Fed, then, and where will it likely land the country in the near future? Or the world for that matter? It’s been said that when the US sneezes the world catches cold, or in this case, a crowning virus. We’ll explore the astrology of The Fed here and see what clues are offered. Continue reading “What’s up with the Fed?”

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The coronavirus heist and the future (Part II)

We continue our investigations into the effects the current US epidemic is having on the economy and the likely results with a look at the current administration and its handling of events. There will be a ‘new normal’ after the pandemic has passed, with questions and much-needed discussions all around. The first primary impact is being felt hard in the strain the US epidemic is putting on its health services, and then in the social distancing and shutdown of businesses the former has mandated. One might disagree about the mandate, but the Italian and Spanish experience has shown the need for it. There will be more on that later. Continue reading “The coronavirus heist and the future (Part II)”

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America and the great coronavirus heist (Pt I)

This is an article in two parts. The title of this installment outlines something that is happening before our eyes and gives the history of policies that have led to it. The second part will deal with the fallout from it, but also gives a brighter outlook for the future, which will come in a few years in all likelihood. Nations and their people – all of us – will recover over time once this has passed. But in the US and to a lesser extent in Europe, this virus is showing up something else, which is the theft of obscene amounts of money from the American taxpayers, in what amounts to socialism for corporations and the wealthiest families. That theft is what is otherwise known as bailouts. It is also to be the catalyst for coming changes in America. Continue reading “America and the great coronavirus heist (Pt I)”

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A little trouble in big China

[Update at end] If we were to read the news regarding China these days – and how can we not – one might be forgiven for thinking that a grave, deadly pandemic was in danger of sweeping across that nation, and putting the rest of the world at peril as a result (written 28 Jan 20). The rumor mill in social media has been alive and thriving in that regard. What are we talking about here? – the novel coronavirus, a.k.a. 2019-nCoV. There are rumors of a bio-weapon, Big Pharma trying to make a quick buck, the Chinese government on the verge of collapse, those lying Chinese covering up the true number of cases, the barbaric practices of the Chinese regarding animals (yes, that’s a trending tweet), and so on. A recent exchange on social media about this disease has prompted this article, especially any possible connection with Chinese New Year. For more info, read on. But first, a short video: Continue reading “A little trouble in big China”