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GLOBALISATION AND THE GLOBALISTS AGE
WHO IS BEHIND THIS PANDEMIC? 
THIS IS CERTAINLY A QUESTION WHICH HUMANITY NEEDS TO FIND THE TRUTH URGENTLY. 

QUI BONO?  
THE PHARMACEUTICAL INDUSTRY AND BANKS ARE CERTAIN TO BENEFIT FROM THIS. BUT EVEN AFTER THIS CRISIS, PANIC AND INSTABILITY IS OVER THERE IS A BREWING STORM ON THE HORIZON. THE CHINESE GOVERNMENT SPOKESMEN ARE MAKING IT OFFICIAL THAT THE ORIGINS OF THIS RESTS ELSEWHERE ESPECIALLY AS TRUMP TRIPLE DOWNS AND LABELS IT AS THE CHINESE VIRUS. WHILST THE CHINESE ARE POINTING THE BLAME AT THE USA.  IF THIS IS CORRECT IT MEANS NOT ONLY WILL THERE BE AN INFORMATION WAR BUT THE REAL POSSIBILITY THAT THERE COULD BE A WAR BETWEEN THE USA-CHINA. THIS COULD AND WILL ESCALATE INTO A WW3 AND THE WORLD WILL DESCEND TO THE MEDIEVAL TIMES.   WE HAVE CLEARLY ENTERED INTO A NEW PHASE IN TERMS OF  ESCHATOLOGY AND WILL DELVE INTO THIS FURTHER URGENTLY TO UNRAVEL THE LATEST DAJJALIC CONSPIRACY AGAINST HUMANITY.    


COVID-19 LOCKDOWN & THE ECONOMIC CRASH



FIDDLING THE FIGURES - THE MAGIC TRICK

CORONA VIRUS - A LONG PLANNED EXCUSE TO TRANSFORM THE ECONOMIC SYSTEM  

SANITY AMID THE MADNESS, ACQUIESCENCE AND SHEER STUPIDITY  

GERMAN JOURNALIST BILLY SIX GOES TO HOSPITAL  'TEEMING WITH CORONA VIRUS PATIENTS' - EMPTY

 
David Icke 
https://www.bitchute.com/video/qzhZFD19Udc





WUHAN CORONAVIRUS : 
PSYCHOLOGICAL, ECONOMIC & BIOWARFARE AGENT EXPLODES IN CENTRAL CHINA?




IRANIAN, RUSSIAN AND CHINESE OFFICIALS CLAIM COVID-19 IS A BIOLOGICAL WEOPON 



Regarding “peddling conspiracy theories”, Im not discussing suspicions raised by people on Reddit or 8 Chan, officials from world governments are saying it. Should I censor what these nation’s officials are claiming? When do I pick and choose which claim to cover and which to ignore? Just because you might not agree with the theory doesn’t mean it shouldn’t be heard. I’m firmly against censorship and think it’s best to be open minded enough to hear someone out no matter how crazy the theory may sound.



'VACCINES WON'T WORK': US VIROLOGIST BREAKS DOWN COVID-19


Lessons learned from Dr. Djaballah about the COVID-19, caused by the SAR-CoV2 virus, can be summed up in several notes. Check out the video interview with Dr. Djaballah for more in depth.

- How much do we know about this virus?
- Where far are we from developing a vaccine?
- Who holds the key to understanding the nature of COVID-19?
- The debate: Mask or no mask?
- Why don't we have a vaccine for SARS-CoV1 yet?
- Can we stop the spread? How?
- Lessons to learn from the COVID-19 outbreak.

.




THE SCIENCE BEHIND THE CORONAVIRUS


Dr. Patrick Soon-Shiong, the executive chairman of the Los Angeles Times, offers an overview of our special series, The Science Behind the Coronavirus. In this introduction, Soon-Shiong (MD, MBBCh, MSc, FRCS ©, FACS) proposes that understanding how the virus infects our bodies and strategies toward treatment can help us allay our anxiety about it. Soon-Shiong is a surgeon and scientist who has spent his career studying the human immune system to fight cancer and infectious diseases. He is also the chairman and CEO of NantWorks and the owner of or investor in a number of companies, including ImmunityBio and NantKwest which are currently researching immunotherapies for COVID-19.




COVID-19: FURTHER EVIDENCE THAT THE VIRUS ORIGINATED IN THE US 

https://www.globalresearch.ca/covid-19-further-evidence-virus-originated-us/5706078


CORONAVIRUS COVID-19: “MADE IN CHINA” OR “MADE IN AMERICA”?
https://www.globalresearch.ca/coronaviru...ca/5706272


COVID-19:  A FAKE PANDEMIC? WHO’s BEHIND IT?
GLOBAL ECONOMIC, SOCIAL AND GEOPOLITICAL DESTABILISATION 
https://www.globalresearch.ca/covid-19-coronavirus-a-fake-pandemic-whos-behind-it-global-economic-and-geopolitical-destabilization/5705063?utm_campaign=magnet&utm_source=article_page&utm_medium=related_articles

CORONAVIRUS SCAREMONGERING, US-CHINA ECONOMIC RIVALRY THE GEOPOLITICS OF AN UNFOLDING GLOBAL CRISIS 
 https://www.globalresearch.ca/us-tighten...gn/5706254

It seems, the more there is written about the causes of the Coronavirus – the more the written analyses are overshadowed by a propaganda and fear-mongering hype. Questions for the truth and arguments for where to look for the origins and how the virus may have spread and how to combat it, are lost in the noise of wanton chaos. But isn’t that what the “Black Men” behind this intended pandemic want – chaos, panic, hopelessness, leading to human vulnerability – a people becoming easy prey for manipulation?
[/url]
[/b]
Today WHO declared the coronavirus COVID-19 a “pandemic” – when there is not the slightest trace of a pandemic. A pandemic might be the condition, when the death to infection rate reaches more than 12%. In Europe, the death rate is about 0.4%, or less. Except for Italy which is a special case, where the peak of the death rate was 6% (see below for further analysis).




[b]
China, where the death rate peaked only a few weeks ago at about 3%, is back to 0.7% – and rapidly declining, while China is taking full control of the disease – and that with the help of a not-spoken-about medication developed 39 years ago by Cuba, called “Interferon Alpha 2B (IFNrec)”, very effective for fighting viruses and other diseases, but is not known and used in the world, because the US under the illegal embargo of Cuba does not allow the medication to be marketed internationally.

WHO has most likely received orders from “above”, from those people who also manage Trump and the “leaders” (sic) of the European Union and her member countries, those who aim to control the world with force – the One World Order. This has been on the drawing board for years. The final decision to go ahead NOW, was taken in January 2020 at the World Economic Forum (WEF) in Davos – behind very much closed doors, of course. The Gates, GAVI (an association of vaccination-promoting pharmaceuticals), Rockefellers, Rothschilds ]et al, they are all behind this decision – the implementation of Agenda ID2020 – see below. 

After the pandemic has been officially declared, the next step may be – also at the recommendation either by WHO, or individual countries, “force vaccination”, under police and/or military surveillance. Those who refuse may be penalized (fines and / or jail – and force-vaccinated all the same).
[/b]
If indeed force-vaccination will happen, another bonanza for Big Pharma, people really don’t know what type of cocktail will be put into the vaccine, maybe a slow killer, that acts-up only in a few years – or a disease that hits only the next generation – or a brain debilitating agent, or a gene that renders women infertile …. all is possible – always with the aim of full population control and population reduction. In a few years’ time, one doesn’t know, of course, where the disease comes from. That’s the level of technology our bio-war labs have reached (US, UK, Israel, Canada, Australia…).





[b]
Another hypothesis, at this point only a hypothesis, but a realistic one, is that along with the vaccination – if not with this one, then possibly with a later one, a nano-chip may be injected, unknown to the person being vaccinated. The chip may be remotely charged with all your personal data, including bank accounts – digital money. Yes, digital money that’s what “they” are aiming at, so you really have no control any more over your health and other intimate data, but also over your earnings and spending. Your money could be blocked, or taken away – as a ‘sanction’ for misbehavior, for swimming against the stream. You may become a mere slave of the masters. Comparatively, feudalism may appear like a walk in the park.

It’s not for nothing that Dr. Tedros, DG of WHO, said a few days ago, we must move towards digital money, because physical paper and coin money can spread diseases, especially endemic diseases, like the coronavirus. A precursor for things to come? – Or for things already here? – In many Scandinavian countries cash is largely banned and even a bar of chocalate can be paid only electronically. We are moving towards a totalitarian state of the world. This is part of Agenda ID2020 – and these steps to be implemented now – prepared since long, including by the coronavirus computer simulation at Johns Hopkins in Baltimore on 18 October 2019, sponsored by the WEF and the Bill and Melinda Gates Foundation.

Bill Gates, one of the chief advocates of vaccinations for everybody, especially in Africa – is also a huge advocate of population reduction. Population reduction is among the goals of the elite within the WEF, the Rockefellers, Rothschilds, Morgens – and a few more. The objective: fewer people (a small elite) can live longer and better with the reduced and limited resources Mother Earth is generously offering. This had openly been propagated already in the 1960s and 70s by Henry Kissinger, Foreign Secretary in de Nixon Administration, a co-engineer of the Vietnam war, and main responsible for the semi-clandestine bombing of Cambodia, a genocide of millions of unarmed Cambodian civilians. Along with the CIA-Kissinger engineered coup on 9/11, 1973, in Chile, killing the democratically elected Salvador Allende and putting the military dictator Pinochet in power, Kissinger has committed war crimes. Today, he is a spokesman (so to speak) for Rockefeller and their  “Bilderberger Society”.

Coronavirus Outbreak, a Global Public Health Emergency?
[/b]
Two weeks after the computer simulation at Johns Hopkins Medical Center in Baltimore, Maryland, that “produced” (aka simulated) 65 million deaths , the COVID-19 virus first appeared in Wuhan. By now it is almost certain that the virus was brought to Wuhan from outside, most likely from a bio-war lab in the US. 





[b]What is the infamous ID2020? It is an alliance of public-private partners, including UN agencies and civil society. It’s an electronic ID program that uses generalized vaccination as a platform for digital identity. The program harnesses existing birth registration and vaccination operations to provide newborns with a portable and persistent biometrically-linked digital identity. GAVI, the [i]Global Alliance for Vaccines and Immunization[/i], identifies itself on its website as a global health partnership of public and private sector organizations dedicated to “immunization for all”. GAVI is supported by WHO, and needless to say, its main partners and sponsors are the pharma-industry.

The ID2020 Alliance at their 2019 Summit, entitled “Rising to the Good ID Challenge”, in September 2019 in New York, decided to roll out their program in 2020, a decision confirmed by the WEF in January 2020 in Davos. Their digital identity program will be tested with the government of Bangladesh. GAVI, the Vaccine Alliance, and “partners from academia and humanitarian relief” (as they call it), are part of the pioneer party.
[/b]
Is it just a coincidence that ID2020 is being rolled out at the onset of what WHO calls a Pandemic? – Or is a pandemic needed to ‘roll out’ the multiple devastating programs of ID2020?





[b]
Here is what Anir Chowdhury, policy advisor of the Bangladesh government program, has to say:
[/b]
“We are implementing a forward-looking approach to digital identity that gives individuals control over their own personal information, while still building off existing systems and programs. The Government of Bangladesh recognizes that the design of digital identity systems carries far-reaching implications for individuals’ access to services and livelihoods, and we are eager to pioneer this approach.” 





[b]
Wow! Does Mr. Anir Chowdhury know what he is getting into?
[/b]
Back to the Pandemic and the panic. Geneva, the European seat of the United Nations, including the headquarters of WHO, is basically shot down. Not unlike the lock-down that started in Venice and later expanded to northern Italy until a few days ago – and now the lock-down covers all of Italy. Similar lock-down may soon also be adopted by France – and other European vassal states to the Anglo-Zionist empire. Numerous memoranda with similar panic-mongering contents from different UN agencies in Geneva are circulating. Their key message is – cancel all mission travel, all events in Geneva, visits to the Palais des Nations, the Geneva Cathedral, other monuments and museums. The latest directives, many agencies instruct their staff to work from home, not to risk contamination from public transportation.





[b]
This ambiance of panic and fear – outstrips any sense of reality, when the truth doesn’t matter. People can’t even think any more about the causes and what may be behind it. Nobody believes you (anymore), when you refer to Event 201, the coronavirus simulation, the Wuhan Military Games, the closing last August 7, of the high-security biological war lab at Fort Detrick, Maryland…. what could have at one point been an eye opener for many, today is sheer conspiracy theory. The power of propaganda. A destabilizing power – destabilizing countries and people, destroying economies, creating hardship for people who may lose their jobs, usually the ones who can least afford it. Also, at this time it becomes increasingly important to remind people that the outbreak in China was targeting the Chinese genome. Did it later mutate to transgress the ‘borders’ of Chinese DNA? When did that happen, if it happened? Because at the beginning it was clear that even the infected victims in other parts of the world, were to 99.9% of Chinese descent.

What happened later, when the virus spread to Italy and Iran, is another issue, and opens the way to a number of speculations.

(i) There were various strains of the virus circulated in sequence – so as to destabilize countries around the world and to confound the populace and media, so that especially nobody of the mainstream may come to the conclusion that the first strain was targeting China in a bio-war.

(ii) In Iran, I have a strong suspicion that the virus was an enhanced form of MERS (Middle East Respiratory Syndrome, man-made, broke out first in Saudi Arabia in 2012 , directed to the Arabic genome) – which was somehow introduced into government circles (by aerosol spray?) – with the goal of “Regime Change” by COVID19-caused death. Its Washington’s wishful thinking for at least the last 30 years.
[/b]
(iii) In Italy – why Italy? – Maybe because Washington / Brussels wanted to hit Italy hard for having been officially the first country to sign a Belt and Road (BRI) accord with China (actually the first was Greece, but nobody is supposed to know that China came to the rescue of Greece, destroyed by Greece’s brothers, the EU members, mainly Germany and France).





[b]
(iv) The hype about the high death to infection rate in Italy, as of the time of this writing: 10,149 infections vs. 631 deaths = death rate of 6.2 (comparatively Iran: 8042 infections vs. 291 deaths = 3.6 death rate). The death rate of Italy is almost double that of Iran and almost ten-fold that of average Europe. (Are these discrepancies the result of failures in the establishing reliable data pertaining to “infections”, see our observations pertaining to Italy below).

Why? – Was is Italy being affected with virus panic? Was there a much stronger strain introduced to Italy?

The common flu in Europe in the 2019 / 2020 season, has apparently so far killed about 16,000 (in the US the death toll is, according to CDC between 14,000 and 32,000, depending on which CDC website you look at). Could it be that among the Italian coronavirus deaths there were also common flu victims, as the affected victims are mostly elderly with respiratory preconditions? Also, symptoms are very similar between coronavirus and the common flu, and nobody questions and checks the official authorities’ narrative?

Maybe not all the coronavirus strains come from the same laboratory. A journalist from Berlin of Ukrainian origin, told me this morning that Ukraine is host to some 5 high security US bio-war labs. They test regularly new viruses on the population – yet, when strange diseases break out in the surroundings of the labs, nobody is allowed to talk about it. Something similar, she says, is happening in Georgia, where there are even more Pentagon / CIA bio-war labs – and where also new and strange diseases break out.
[/b]
All of this makes the composite picture even more complicated. Overarching all is this super hype is profit driven, the quest for instant profit, instant benefits from the suffering of the people. This panic making is a hundred-fold of what it’s worth. What these kingpins of the underworld, who pretend to run the upper world, perhaps miscalculated, is that in today’s globalized and vastly outsourced world the west depends massively on China’s supply chain, for consumer goods, and for intermediary merchandise – and, foremost for medication and medical equipment. At least 80% of medication or ingredients for medication, as well as for medical equipment comes from China. The western China dependence for antibiotics is even higher, some 90%.  The potential impacts on health are devastating. During the height of the COVID-19 epidemic China’s production apparatus for everything was almost shut-down. For deliveries that were still made, merchandise vessels were regularly and categorically turned back from many harbors all around the world. So, the west has tricked itself into a shortage-of-everything mode by waging a  de facto “economic war” on China. How long will it last? – Nobody knows, but China’s economy which was down by about half, has rapidly recovered to above 80% of what it was before the coronavirus hit. How long will it last to catch up with the backlog?





What is behind it all? – A total crackdown with artificially induced panic to the point where people are screaming “[i]help, give us vaccinations, display police and military for our security”[/i] – or even if the public despair doesn’t go that far, it would be easy for the EU and US authorities to impose a military [i]stage of siege[/i] for “health protection of the people”. In fact, CDC (Center for Disease Control in Atlanta), has already designed harshly dictatorial directives for a “health emergency”.

Along with forced vaccination, who knows what would be contained in the cocktail of ‘’mini-diseases” injected, and what their long-term effects might be. Similar to those of GMOs, where all sorts of germs could be inserted without us, the commons, knowing? We may indeed be just at the beginning of the implementation of ID2020 – which includes, forced vaccination, population reduction and total digital control of everybody – on the way to One World Order – and global financial hegemony – Full Spectrum Dominance, as the PNAC (Plan for a New American Century) likes to call it. A windfall for China. China has been purposely targeted for “economic destruction”, because of her rapidly advancing economy, an economy soon to overtake that of the now hegemon, the US of A, and because of China’s strong currency, the Yuan, also potentially overtaking the dollar as the world’s main reserve currency.

[b]Both occurrences would mean the end of US dominance over the world. The coronavirus disease, now in more than 80 countries, has crashed the stock markets, a decline of at least 20% over the last few weeks – and rising; the feared consequences from the virus of an economic slow-down, if not recession, has slashed petrol prices within about two weeks almost in half. However, without China’s central bank interference, the Yuan’s value vis-à-vis the dollar has been rather stable, at around 7 Yuan to the dollar. That means, the Chinese economy, despite COVID-19, is receiving still much trust around the globe.

Advice to China – buy all the US and European corporate shares you can at current rock-bottom prices from the stock markets that collapsed by a fifth or more, plus buy lots of oil futures. When the prices recover, you have not only made billions, probably trillions from the west, but you also may own or hold significant and influence-yielding amounts of shares in most of the largest US and European corporations – and will be able to help call the shots of their future endeavors. There is however, one little silver lining oscillating at the horizon full of dark clouds. It could miraculously be an awakening of consciousness of a critical mass that could put an end to it all. Although, we seem to be far from such a miracle, somewhere in a hidden corner of our brain, we all have a spark of consciousness left. We have the spiritual capacity to abandon the disaster path of western neoliberal capitalism, and instead espouse solidarity, compassion and love for each other and for our society. That may be the only way to break the gridlock and doom of western egocentric greed.


TRUMP, CORONA VIRUS AND THE POLITICS OF A PANDEMIC 

Joseph Stepansky
Experts warn world leaders will have to overcome nationalist tendencies to deal with the rapidly spreading disease. The
[/b][url=https://www.aljazeera.com/news/2020/03/coronavirus]coronavirus outbreak has swept the globe and been declared a pandemic, but experts warn the response of some world leaders, including the administration of US President Donald Trump, has been anything but global. 

With more than 140,000 people in some 120 countries infected in the outbreak of the new coronavirus disease, officially known as COVID-19, the World Health Organization (WHO) has stressed that international cooperation is needed to contain the rapidly spreading virus.

But in recent days, both China, where the virus was first detected late last year, and the United States, which on Friday declared a national emergency, have shown nationalist tendencies in their political response.


In the US, Trump's approach to the virus has appeared more concerned with a political narrative than the public health threat, critics say, with some calling the president's declaration of a national emergency too little, too late. "What we're seeing is kind of fragmentation and politicisation along nationalist lines as the pandemic spreads and globalises," Stephen Morrison, senior vice president of the Center for Strategic and International Studies and director of its Global Health Policy Center, told Al Jazeera.[/b]

In the Trump administration's portrayal of the outbreak, he said, there has been a "nationalistic, neo-isolationist perspective of trying to pin the blame on the Chinese, pin the blame on the Europeans and trying to minimise or downplay the fact that wherever the virus originated, it's among all of us, it's inside of our borders".


On Wednesday, the White House national security adviser, Robert O’Brien, accused China of "covering up" the virus when it first appeared. Meanwhile, Trump administration officials including Secretary of State Mike Pompeo in recent days have taken to calling the coronavirus the "Wuhan virus", ignoring WHO's guidelines and inciting rebuke from Beijing.


At the same time, with the number of cases falling in China and soaring abroad, Beijing has started to reject the generally-accepted assessment that the virus originated in Wuhan, the capital of the central Hubei province and the outbreak's hardest-hit city. On Thursday, foreign ministry spokesman Zhao Lijian said on Twitter that "it might be US army who brought the epidemic to Wuhan", perpetuating a conspiracy theory that has been circulating online, without providing any evidence.[/b]

In Europe, the current epicentre of the pandemic according to WHO, European Union leaders condemned a travel ban announced by Trump on Thursday, which excluded the United Kingdom despite the country having a comparable amount of cases to many states in the bloc. Trump said that decision was because of the UK's "very strong borders" and not the two governments' close ties in the wake of Britain's departure from the EU. "It's not a very promising environment for getting high-level political leadership organised around how they're going to deal with this as as a global community," Morrison said. "If we are fragmenting along strategic rivalries and nationalist tendencies, and denialism, that's moving in the opposite direction than what we should be moving towards - how are we going to figure out a way forward that bridges these divisions and emphasises the shared common good?"[/b]

Echoing that thought, Leana Wen, a physician and professor of public health at George Washington University, told Al Jazeera that leaders must heed the urging of the WHO to cooperate in overcoming the pandemic.   "This is a public health emergency that knows no boundaries," said Wen, who is also the former health commissioner for the city of Baltimore. "We all need to see that we're in this together, and what will benefit one country will benefit the entire world. And similarly, what will harm one country will harm everyone else."

Coronavirus, politics and the US

A presidential response to the coronavirus that initially appeared to focus on downplaying the threat has also had implications for the outbreak in the US, according to experts. 

In a March 7 op-ed in the New York Times, Jeremy Konyndyk, a senior policy fellow at the Center for Global Development, said that initially, "federal officials responded in a way that suited the narrative Mr Trump preferred". "It’s no coincidence that the coronavirus has broken out across the country as the president has continued to brag about keeping the disease outside America's border," he wrote. "Pretending we could wall out the virus not only gave the public a false sense of security, it also left the United States unready for the threat it now faces."[/b]

Will the Coronavirus pandemic cause a global recession?

Others have criticised what at times appeared to be a greater focus on the economy over the global health risk. Trump compared the coronavirus, which has no vaccine or known treatment regiment, to the flu as markets tanked on March 9, appearing to insinuate the current situation was overblown. Experts derided the comparison as misleading and inappropriate. Since the first US case was reported in Washington state on January 21, the number of infections has ballooned to more than 1,200 in 46 states with at least 36 deaths. [/b]

'Most profound crisis that Americans have faced'

On Friday, Trump also pledged up to $50bn for state and local governments to respond to the outbreak, waiving interest on federally held student loans, and giving Secretary of Health and Human Services Alex Azar the authority to waive federal regulations and laws to give doctors and hospitals "flexibility" in treating patients. However, the urgent tone was much delayed and Trump appeared to have missed the gravity of the moment early on in the outbreak, according to Aaron David Miller, a senior fellow at the Carnegie Endowment for International Peace.[/b]

"This is the most profound crisis that Americans have faced in terms of how it impacts their daily lives," Miller, author of the End of Greatness: Why America Can't Have (and Doesn't Want) Another Great President, told Al Jazeera. "And as you can see from the profound changes that have occurred, which, in my lifetime, I've never experienced - this goes beyond 9/11, goes beyond the Cuban Missile Crisis in terms of its longevity, its capacity to endure, and the threat that it poses every single day to everybody." Trump, however, "failed in responsibility number one" which is "levelling with the American public about the nature and the severity of this crisis".[/b]

US testing has also lagged behind other countries. Public health officials have attributed the slow response to a combination of factors, including the disbanding of the White House’s National Security Council Directorate for Global Health Security and Biodefense in 2018 and the failure to heed the Director of National Intelligence's January 2019 warning of the country's vulnerability to a viral outbreak. "I don't take responsibility at all," Trump said at a news conference on Friday, when asked about the slow testing, which he vowed had since been resolved. [/b]


HOW BLACK SWANS ARE SHAPING PLANET PANIC 
Pepe Escobar

Is the planet under the spell of a pair of black swans – a Wall Street meltdown, caused by an alleged oil war between Russia and the House of Saud, plus the uncontrolled spread of Covid-19 – leading to an all-out “cross-asset pandemonium” as billed by Nomura?
Or, as German analyst Peter Spengler suggests, whatever the averted climax in the Strait of Hormuz has not brought about so far “might now come through market forces”?
Let’s start with what really happened after five hours of relatively polite discussions last Friday in Vienna. What turned into a de facto OPEC+ meltdown was quite the game-changing plot twist.

OPEC+ includes Russia, Kazakhstan and Azerbaijan. Essentially, after enduring years of OPEC price-fixing – the result of relentless US pressure over Saudi Arabia – while patiently rebuilding its foreign exchange reserves, Moscow saw the perfect window of opportunity to strike, targeting the US shale industry. Shares of some of these US producers plunged as much as 50% on “Black Monday.” They simply cannot survive with a barrel of oil in the $30s – and that’s where this is going. After all these companies are drowning in debt.[/b]
A $30 barrel of oil has to be seen as a precious gift/stimulus package for a global economy in turmoil – especially from the point of view of oil importers and consumers. This is what Russia made possible.

And the stimulus may last for a while. Russia’s National Wealth Fund has made it clear it has enough reserves (over $150 billion) to cover a budget deficit from six to ten years – even with oil at $25 a barrel. Goldman Sachs has already gamed a possible Brent crude at $20 a barrel.


As Persian Gulf traders stress, the key to what is perceived in the US as an “oil war” between Moscow and Riyadh is mostly about derivatives. Essentially, banks won’t be able to pay those speculators who hold derivative insurance against a steep decline in the price of oil. Added stress comes from traders panicking with Covid-19 spreading across nations that are visibly unprepared to deal with it.

Watch the Russian game
Moscow must have gamed beforehand that Russian stocks traded in London – such as Gazprom, Rosneft, Novatek and Gazprom Neft – would collapse. According to Lukoil’s co-owner Leonid Fedun, Russia may lose up to $150 million a day from now on. The question is for how long this will be acceptable. Still, from the beginning Rosneft’s position was that for Russia, the deal with OPEC+ was “meaningless” and only “cleared the way” for American shale oil. The consensus among Russian energy giants was that the current market setup – massive “negative oil demand,”positive “supply shock” and no swing producer – inevitably had to crash the price of oil. They were watching, helplessly, as the US was already selling oil for a lower price than OPEC.

Moscow’s move against the US fracking industry was payback for the Trump administration messing with Nord Stream 2. The inevitable, steep devaluation of the ruble was gamed.
Still, what happened post-Vienna essentially has little to do with a Russia-Saudi trade war. The Russian Energy Ministry is phlegmatic: Move on, nothing to see here. Riyadh, significantly, has been emitting signs the OPEC+ deal may be back in the cards in the near future. A feasible scenario is that this sort of shock therapy will go on until 2022, and then Russia and OPEC will be back to the table to work out a new deal.

There are no definitive numbers, but the oil market accounts for less than 10% of Russia’s GDP (it used to be 16% in 2012). Iran’s oil exports in 2019 plunged by a whopping 70 %, and still Tehran was able to adapt. Yet oil accounts for over 50% of Saudi GDP. Riyadh needs oil at no less than $85 a barrel to pay its bills. The 2020 budget, with crude priced at $62-63 a barrel, still has a $ 50 billion deficit. Aramco says it will be offering no fewer than 300,000 barrels of oil a day beyond its “maximum sustained capacity” starting April 1. It says it will be able to produce a whopping 12.3 million barrels a day.[/b]

Persian Gulf traders say openly that this is unsustainable. It is. But the House of Saud, in desperation, will be digging into its strategic reserves to dump as much crude as possible as soon as possible – and keep the price war full tilt. The (oily) irony is that the top price war victims are an industry belonging to the American protector. Saudi-occupied Arabia is a mess. King Salman is in a coma. Every grain of sand in the Nefud desert knows Jared of Arabia Kushner’s whatsapp pal MBS has been de facto ruler for the past five years, but the timing of his new purge in Riyadh speaks volumes. Princes Mohammed bin Nayef, the king’s nephew, and Ahmed bin Abdulaziz, his younger brother, are now really in detention.[/b]
The CIA is fuming: Nayef was and remains Langley’s top asset. When Saudi regime spin denounced “Americans” as partners in a possible coup against MBS, that word needed to be read as “CIA.” It’s just a matter of time before the US Deep State, in conjunction with disgruntled National Guard elements, comes for MBS’s head – even as he articulates taking over total power before the G-20 in Riyadh next November.


Black Hawk down?
So what happens next? Amid a tsunami of scenarios, from New York to all points Asia, the most optimistic say that China is about to win the “people’s war” against Covid-19 – and the latest figures confirm it. In this case, global oil demand may increase by at least 480,000 barrels a day.  Well, that’s way more complicated. The game now points to a confluence of Wall Street in panic; Covid-19 mass hysteria; lingering, myriad aftershocks of Trump’s global trade mess; the US election circus; total political instability in Europe. These interlocked crises do spell Perfect Storm. Yet the market angle is easily explained: that may be the beginning of the end of Wall Street artificially inflated by tens of trillions of US dollars pumped by the Fed through quantitative easings and repos since 2008. Call it the calling of the central bankers’ bluff.[/b]

A case can be made that the current financial panic will only subside when the ultimate black swan – Covid-19 – is contained. Borrowing from the famous Hollywood adage, “No one knows anything,” all bets are off. Amid thick fog, and discounting the usual amount of disinformation, a Rabobank analyst, among others, came up with four plausible Covid-19 scenarios. He now reckons it’s getting “ugly” and the fourth scenario – the “unthinkable” – is not far-fetched anymore. This implies a global economic crisis of, yes, unthinkable magnitude. To a great extent it will all depend on how fast China – the inescapable crucial link in the global just-in-time supply chain – gets back to a new normal, offsetting interminable weeks of serial lockdowns.

Despised, discriminated against, demonized 24/7 by the “system leader,” China has gone full Nietzsche – about to prove that whatever does not kill you makes you stronger when it comes to a “people’s war” against Covid-19. On the US front, there’s scant hope that the gleaming Black “helicopter money” Hawk will crash down for good. The ultimate Black Swan will have the last word.
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GLOBALISATION AND THE GLOBALISTS AGE - by moeenyaseen - 08-13-2006, 04:09 PM
RE: GLOBALISATION AND THE GLOBALISTS AGE - by globalvision2000administrator - 03-15-2020, 02:31 PM

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