Repo Madness

Is the covid ‘pandemic’ merely economic theatre?

Anonymous rhetorically asks on The Burning Platform: is the CoVid pandemic merely economy theatre? (https://www.theburningplatform.com/2021/01/23/the-real-reason-for-the-lock-downs-prevent-worldwide-financial-anarchy/#more-232514).

He suggests the USD collapse began weeks before “Operation Shutdown” which was halted by a world wide manufactured economic “freeze”.

What’s the evidence?

Well, for starters, Anonymous points to the Fed “pouring literally trillions of dollars into the US banks to prevent inter-lending bank-runs which were starting to develop.” Let’s check the tape.

Uhhh, yeah, looks like trillions and, yeah, coincides with the early days of the pandemic. And, yeah, similar pattern to the 2008 crisis though on a much greater and sharper scale.

Back the days when Lehman froze up interbank leaning, banks became so distrustful of each other’s solvency, that they massively increased interest rates to each other to factor in the risk. Happened in the Panic of 2007, too.

Anonymous: In September 2019 the Fed intervened in the repo. markets for four consecutive days, pumping $75 billion per day into the banks, as the inter-banking interest rate – the repo rate – peaked at a terrifying 10% [1]. If this level were allowed to contaminate regular highstreet lending, it would cause widespread debt defaults & insolvencies.

How much all in? Over $9 trillion beginning September 2019, and over 40% of the USA’s GDP, prior to Covid – nearly a 40% increase in the USA’s national debt!

And the dollar debasement? Well, judge for yourself.

Fortunate for the Fed, the external ‘event’ – CoVid/CCP Virus – happened along to take the spotlight off US finance and its woes.

Anonymous argues this what ‘The Great Reset’ really is about.

Along with the ‘flight to (dollar) safety’, Covid has offered the opportunity to freeze the USA’s banking collapse with massive injections of cash. $9 trillions was available to US banks up until March 2020, but in addition to this the Fed produced $5 trillion in economic stimulus to the wider economy and a further 5 trillions recently.

…

From renting taxis with Uber, replacing hotels with flats from AirBNB, ordering meals via UberEats, holding meetings on zoom, spending ‘cash free’ via Visa, MasterCard & the Paypal cartel, ordering food on-line with Uber eats and destroying local culture are all being forced on a gullible world public during the Covid selective collapse. It should be dawning on everyone by now that Covid is a very, very Neoliberal Corporate virus, strangely working in the interests of a continued US Corporate neoliberal rollout against our own national geopolitical interests.

It is not only the Corporates that benefit from US ‘operations’ like Covid, the security state also demands their share of the spoils for assisting in and facilitating much of the operation. US tracking apps, social media and communication platforms are being forced, as a parasitical middle man, into every walk of our lives, taking a thin slice off everyday activities, like an America tax.

CCP/Wall Street Sock Puppet as Treasury Secretary

Janet Yellen, On Stage, at the 2018 Bloomberg New Economy Forum, November 6, 2018, Singapore

Seems to be the Oligarchs have a full drawer of sock puppets ready and well-greased up to step in.

Here are the Martens (Wall Street on Parade): https://wallstreetonparade.com/2021/01/ten-months-after-stepping-down-as-fed-chair-janet-yellen-became-part-of-the-leadership-team-for-forums-tied-to-the-chinese-communist-party/

Haven’t we learned anything about properly vetting people for the highest offices in the U.S. government?

Former Fed Chair and Treasury Secretary nominee Janet Yellen has failed to report the details of millions of dollars in fees that she earned in 2018, the year she stepped down as Fed Chair, as she went on a whirlwind of speaking engagements in foreign cities around the world. Yellen’s “leadership” role with the Bloomberg New Economy Forums which had the “active participation and support” of an organization openly tied to the Chinese Communist Party, raises further serious red flags. And yet, Yellen sailed through her Senate Finance Committee confirmation hearing this past week, gaining a favorable vote of 26-0. A full Senate vote to confirm Yellen as Treasury Secretary is expected to occur tomorrow.

What Yellen did disclose on her Office of Government Ethics financial disclosure form showed that in 2019 and 2020 she made a cash haul of more than $7 million in speaking fees, the majority of which came from Wall Street trading houses, mega banks and hedge funds. Yellen stepped down as Chair of the Fed on February 3, 2018. Over the next 10 months, in addition to her foreign gigs, Yellen also appeared at numerous stateside paid engagements for Wall Street firms like JPMorgan Chase, Morgan Stanley, and Jefferies. She has failed to make public the transcripts of her speeches at these events or the specific amounts she was paid.

After the news broke of Yellen’s $7 million haul, Senior Reporter Jesse Eisinger of ProPublica Tweeted: “Deeply troubling two-fisted money grab from banks by Janet Yellen. This is corruption, but isn’t called that because it’s so quotidian.” Eisinger also noted: “Sure, Yellen might think she can make independent decisions once in office. But how arrogant is it to imagine that money corrupts everyone but you?”

Many of the banks Yellen accepted cash windfalls from were regulated by the Fed prior to her departure. These banks are also recidivist lawbreakers. JPMorgan Chase has been charged with, and admitted to, five criminal felony counts brought by the U.S. Department of Justice while it was being supervised by the Fed. The public deserves to know how much Yellen received from JPMorgan Chase in the year after she left the Fed. Citigroup, a smaller bank than JPMorgan Chase, paid Yellen over $990,000 in 2019 and 2020, according to her financial disclosure form. Citigroup received the largest Fed bailout in global banking history following the Wall Street crash of 2008.

With a resume like that, of course Janet will forever be the darling of The Party.

Sock Puppet in Chief Invites the Invasion

Laredo Sector Border Patrol Agents shut down a stash house in Rio Bravo, Texas, on Jan. 20, 2021. (Courtesy of U.S. Customs and Border Protection)

The Party welcomes illegals.

They are new voters diluting the votes of American citizens and reliable backers of The Party’s bolshevik diktats.

They are cheap labor for the Oligarchs and suppress wages of American citizens.

And so, no surprise, the Sock Puppet in Chief – Corrupt Joe – “dog whistles” for a renewed invasion.

Here it comes.

https://www.theepochtimes.com/migrants-increase-at-concerning-rate-on-southern-border_3667976.html?utm_source=share-btn-copylink&st=iXC5UF–JMwsdExPmj9G3ZoVVKeADHE4dffd0cEzoZOTATCtSY02dbpCjn_vDbZR9wna6ie-OggZ1EqsILXHlfDf4l5jTR4seFk

CoVid/CCP Virus Phylogeny: 01/24/2021

This week’s update.

Let’s also note the preprint released by Wells et al. regarding the evolutionary history of ACE2 usage.

As evident in the Nexstrain phyologeny, CoVid-2/CCP (CoV-2) is a rather stable virus – unlike other zoonotics that have jumped species.

Wells examines possible genealogical histories for CoV-2 sequences. They demonstrate the lineage containing CoV-2 is most likely the ancestral ACE2-using lineage, and that recombination with at least one virus from this group conferred ACE2 usage to the lineage including SARS-CoV-1 at some time in the past. They propose a competitive release hypothesis to explain how this recombination event could have occurred and why it is evolutionarily advantageous.

This study also underscores the need for increased surveillance for sarbecoviruses in southwestern China, where most ACE2-using viruses have been found to date, as well as other regions such as Africa, where these viruses have only recently been discovered.

Importantly, genetic recombination has the potential to rapidly change the properties of a viral pathogen, and its presence is a crucial factor to consider in the development of treatments and vaccines.

This finding of overlapping Lineage 1 and Lineage 5 viruses in geographic space is inconsistent with the previously observed pattern of biogeography for sarbecoviruses. SARS-CoV-2 was isolated first frompeople in Hubei Province and one of the pangolin viruses was isolated from an animal sampled in Guangdong, neither of which are Lineage 1 provinces. However, the true geographic origins of these viruses are unknown as it is possible they were anthropogenically transported to the regions in which they were detected. For example, the Malayan pangolin (Manis javanica) has a natural range that reaches southwestern China (Yunnan Province) at its northernmost edge and extends further south into Myanmar, Lao PDR, Thailand, and Vietnam. So, if they were naturally infected (as opposed to infection via wildlife trade), the infection was potentially not acquired from Guangdong Province. Similarly, SARS117 CoV-2 cannot be guaranteed to have emerged from bats in Hubei Province, as humans are highly mobile and the exact spillover event was not observed. If the clade containing SARS-CoV-2 and its close relatives is indeed endemic in animals in Yunnan and the nearby Southeast Asian regions as suggested by the presence of RaTG13, RmYN02, and the natural range of the Malayan pangolin, whatever mechanism is facilitating the biogeographical concordance of Lineages 1, 2 and 3 within China appears to no longer apply for the biogeography of Lineage 5, since they all appear to overlap in and around Yunnan Province.

Further, investigations into determinants of pathogenicity and transmission for CoVs and the genomic signatures of such features will be an important step towards the prediction of viruses with spillover potential, and distinguishing those with pandemic potential.

Finally, these findings reiterate the importance of recombination as a driver of spillover and emergence, particularly in the spike gene. If SARS-CoV-1 gained the ability to use hACE2 through recombination, other non-ACE2-using viruses could become human health threats through recombination as well. We know that recombination occurs much more frequently than just this single event with SARS-CoV-1, as the RdRp phylogeny does not mirror host phylogeny and the RBD tree has significantly different topology across all geographic lineages. In addition the bat virus RmYN02 appears to be recombinant in the opposite direction (Lineage 5 backbone with Lineage 1 RBD) [36], again supporting the hypothesis that recombination occurs between these lineages. Our analyses support two hypotheses: first, that sarbecoviruses frequently undergo recombination in this region of the genome, resulting in this pattern, and second, that sarbecoviruses are commonly shared amongst multiple host species, resulting in a lack of concordance with host species phylogeny and a reasonable opportunity for coinfection and recombination. Bats within the family Rhinolophidae have also repeatedly shown evidence of introgression between species [67–72], supporting the hypothesis that many species in this family have close contact with one another which may facilitate viral host switching. Given that we have shown that ACE2-using viruses are co-occurring with a large diversity of non-ACE2 using viruses in Yunnan available under aCC-BY-NC-ND 4.0 International license. Province and in a similar host landscape, recombination poses a significant threat to the emergence of novel sarbecoviruses.

Reference

Wells, H. L., Letko, M., Lasso, G., Ssebide, B., Nziza, J., Byarugaba, D. K., … Anthony, S. J. (2020). The evolutionary history of ACE2 usage within the coronavirus subgenus Sarbecovirus. BioRxiv.Org: The Preprint Server for Biology. doi:10.1101/2020.07.07.190546

Corrupt Joe’s Adviser Concedes CoVid Was a Containment Breach

From ZeroHedge:

“There’s no irrefutable evidence,” said the Kansas-born Metzl, a senior Atlantic Council fellow who was appointed to the WHO expert advisory committee on human genome editing in 2019. “There’s just more evidence and as more evidence arrives, the case for accidental lab leak, in my view, increases.”

More from Metzl’s interview with the Sun (emphasis ours):

What about the original theory that this all started in a wet market in Wuhan?

That was a lie. And the Chinese government knew very early on that that was a lie. And so in the face of overwhelming evidence in May of last year, the Chinese government shifted its position.

Do you get the idea of scary viruses being created in a lab may seem a little sci-fi?

It may feel like sci-fi to people but what’s happening is sci. There is a field of study called “gain of function” research, which is highly controversial in which some scientists amplify the virility of viruses. We know that the Wuhan Institute of Virology was involved in gain of function research on bat coronaviruses.

Is it because this specifically started in China that we still don’t know how COVID-19 started?

If there had been an outbreak in Congo or some country in Africa and that country, in the earliest days of the pandemic, prevented World Health Organization investigators from going onto the scene of the outbreak, for nearly a month, the world would have gone berserk.

Will a change of the U.S. administration help find an answer?

Biden will be tougher on China than President Trump because President Biden is very smart and strategic and he understands that American power and American strength doesn’t rest on bluster, it rests on principles, it rests on partnerships, and alliances and accountability. And the Trump administration unfortunately gave China a pass by over politicizing the question of the origin of the virus by alienating America’s partners and allies.

*  *  *

All of this begs a simple question; if a senior Atlantic Council fellow who operated at high levels of government under Democratic presidents is suddenly ‘coming out’ with the Wuhan lab leak theory, three days after Biden’s inauguration, is the official narrative about to change?

Reference:

https://www.zerohedge.com/covid-19/it-was-all-lie-biden-linked-who-adviser-says-covid-19-likely-leaked-wuhan-lab