Of economic crises and pandemics | different voice (2023)

If events since March 2020 have shown us anything, it is that fear is a powerful weapon to ensure dominance. Any government can manipulate the fear of certain things while conveniently ignoring the real dangers faced by a population.

author and researcherRobert J Burrowe's Dice: “…if we were seriously concerned about our world, the most serious and enduring health crisis on the planet is the one that leaves 100,000 people starving every day. Of course there is no panic.

Don't panic, for the controlling interests of the global food system have long spoken of a "full and hungry'Strategy that ensures that people starve unnecessarily when corporate profits rather than needs dictate politics.

American social commentator Walter Lippmann once said that "responsible men" make decisions and need to be protected from the "confused flock": the public. He added that the public should be restrained, obedient and distracted from what is really happening. They should shout patriotic slogans and fear for their lives, and they should be in awe of the leaders who save them from destruction.

During COVID, Prime Minister of New ZealandJacinda Ardern called on citizensTrust the government and its agencies for all information, declaring: "Else dismiss everything else. We will continue to be your only source of truth.”

In the US, Fauci was presented as "the science." In New Zealand, Ardern was "the truth". It was similar in countries around the world: different numbers, but the same approach.

Like other political leaders, Ardern used the full force of available state force against civil liberties to ensure adherence to the "truth." Those who questioned the COVID narrative, including world-renowned scientists, have been vilified, shut down and censored.

It was an internationally orchestrated campaign involving governments, big tech companies, the media and the WHO, among others.

IsUS timesreported on December 17, 2022 that the US Centers for Disease Control worked with social media to censor facts and information about COVID that contradicted official accounts.

America First Legal noted in a press release that the fourth set of documents it released, stemming from a lawsuit against the Centers for Disease Control and Prevention (CDC), revealed: "...further concrete evidence of collusion between the CDC and social media companies to censor free speech and silence the public space under the government's label of 'disinformation'.”

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Twitter operated a "partner support portal" for government employees and other "stakeholders" to submit posts that it would remove from its platform or flag as "misinformation."

The US government actively worked to "socially inoculate" the public against anything that threatened their narrative. Big tech companies monitored and manipulated users to censor unauthorized information and promote government propaganda. Facebook sent written material to the CDC asking for censorship of more than sixteen million pieces of "content" that contained opinions or information the government wanted to suppress.

The AFL noted that the CDC is "working with UNICEF, WHO affiliate IFCN and leading civil society organization Mafindo" to mitigate "misinformation." Mafindo is an external fact-checking partner of Facebook based in Indonesia and funded by Google.

AFL states, "What is clear is that the US government, major tech platforms, and international organizations have been fully embroiled in an intricate campaign to violate the First Amendment, silence the American people, and censor dissent." .

It also showed that the CDC's guidelines on mask counseling for school-age children were driven by politics rather than science.

In every major Western nation, there has been a crackdown on dissent and a massive campaign of censorship to justify a political framework of social and economic lockdowns, masking, distancing, and government interference in nearly every aspect of private life.

The AFL results show how centers of power can and do act in unison when the need arises. The fact that this was a global campaign shows that something big was at stake.

The official narrative was about protecting the populace from a deadly virus. And any dissent that seeped in at the fringes of mainstream discourse (such as Tucker Carlson at Fox News or some hosts at Talk Radio in the UK) tended to focus on politicians who went too far with lockdowns and restrictions, and they became caught in their selfish lust for power and control.

Such a superficial explanation prevented a deep and critical analysis of the situation. Indeed, any focus on the role of big finance (Wall Street and the City of London) was conspicuous by its absence.

In March 2022, BlackRock's Rob Kapito warned that a generation of people with "many rights" would soon face shortages for the first time in their lives, with some goods becoming scarce due to rising inflation. BlackRock is the most powerful mutual fund in the world.

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Dispute captainon the situation in Ukraine and COVID as responsible for the current economic crisis, conveniently ignoring the inflationary impact of the injected trillionsFinancial market implosionin 2019 and 2020 (dwarfing the 2008 crisis).

The war in Ukraine and COVID are used to explain the roots of the current economic crisis. But COVID policies were a symptom, not a cause, of the crisis: they were deployed to deal with what in late 2019 was seen as an imminent economic meltdown. The draconian politics of COVID had little to do with a public health emergency.

This is explained in the article "A self-fulfilling prophecy: system collapse and pandemic simulation“ von Professor Fabio Vighi.

On August 15, 2019, BlackRock issued aWhite paperinstructing the US Federal Reserve to inject liquidity directly into the financial system to avoid "a dramatic slowdown". The message was clear: “An unprecedented response is required when monetary policy is exhausted and fiscal policy alone is not enough. That response will likely be to go direct.” He also stressed the need to find ways to get central bank money directly into the hands of public and private consumers and avoid hyperinflation.

Six days earlier, the Bank for International Settlements (BIS) in aworksheetHe called for "unconventional monetary policy measures" to "protect the real economy from further financial deterioration".

Vighi shows why the hegemonic class reacted so violently to a public health problem affecting a minority of the population. This answer only makes sense when viewed in the context of economics.

In late 2019 and particularly 2020, the injection of trillions into the financial system followed by lockdowns (to avoid hyperinflation) was deployed as the “unconventional monetary policy” that the BIS called for on August 9, 2019.

Did you really think that the authorities would care so much about something that primarily affects people over 80 and people with serious comorbidities that would shut down the entire global economy?

Did they really care that much for the common people, especially unproductive workers, the old working class and the sick working class, when we saw the working class treated with utter contempt during the years of imposed austerity?

And did those who imposed restrictions and lockdowns really believe that a "deadly" virus was loose?

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Think downing street drinking parties, Neil Ferguson breaking lockdown rules to pursue an extramarital affair, Matt Hancock breaking his own COVID rules with his mistress, maskless world leaders gathering in London during his servants wore masks, several US political leaders ignoring their own rules, and Fauci's public theateret alMasking for the TV cameras and then maskless once off camera.

While these people bullied the population with fear and blockades, it was clear that they themselves were not worried about "the virus".

After launching a massive anti-Russian propaganda campaign in the media earlier this year to rally public support for Ukraine, Western powerhouses are now pouring billions of dollars of public money into the coffers of arms manufacturers like Raytheon and Boeing. .

Such companies are more than happy to benefit from the sacrifice of ordinary Ukrainians' lives in the geopolitical quest to weaken and Balkanize Russia so US interests can gain a dominant strategic foothold on the landmass.

And while billions of dollars are being spent to achieve this, a totally unnecessary “cost of living” crisis (resulting from the ruthless economic neoliberalism that has eventually imploded) is being imposed on workers in Western countries, viewed as mere collateral damage on economic policy, war and corporate profits. The result is misery and poverty and the demonization of some workers (now on strike) who were hailed as "heroes" during COVID.

But of course, those in power who have such a documented disregard for the lives of ordinary people at home and abroad will shut down the entire world economy to protect their health!

Anyone who believes this is a testament to the power of propaganda.

COVID-related policies were disproportionate to any public health risk, especially given how definitions and dates of “COVID death” have been frequently tampered with and how PCR tests have been misused to scare populations into submission.

And the big winner was Big Pharma, an industry with a history of dirty tricks, misleading advertising, and death and injury as a result of its products. For example, if Pfizer were an individual, it would be serving a lengthy sentence with the proverbial discarded key for its corporate crimes.

But companies with extensive corporate crime across many sectors market themselves to the public as trustworthy and trustworthy. When governments collude (conspire) with such corporations, they collude with repeat criminal corporations. And when people buy shares in them, the same applies.

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The crimes are of particular interest given the reference to the global food system at the beginning of this articledupontjBayer(see the Powerbase website) andMonsantojCargill(see Corporate Research Project (CRP) website).

And of course,Pfizerand his disturbing criminal record also appears on the CRP site.

These filthy rich corporations spend millions each year funding various groups and influencing governments and international organizations. No wonder they wield enormous influence and, in one way or another, become “trusted partners” with governments, the WHO, the WTO and the like.

In the case of Pfizer, it relied on obtaining “emergency authorization” to launch its “vaccines” and then foisting them on the public through government coercion.

Back to Lippmann: Since the beginning of 2020, many people have feared for their lives and marveled at the leaders who allegedly saved them from annihilation. Even now, with reports of vaccine injuries, vaccine ineffectiveness and rising death rates since vaccines were largely taboo in mainstream media, the public is sticking to the message as the WHO and Big Pharma work towards a global deal that will from which deprives all their rights. comes the next economic crisis or “pandemic”.

This article was written during the Christmas season, an increasingly secular celebration stripped of religious connotations. These days, "in Big Pharma we trust" might be more appropriate than blind faith in a Zuckerberg-style fantasy metaverse where Facebook is fact, government is truth, and Big Pharma is God.

Because (heaven help us) we should let them think for themselves!

Colin Todhunter is a freelance writer specializing in development, nutrition and agriculture. You can read his new e-book, Food, Dependency and Dispossession: Resisting the New World Order, for freehere.Read more articles by Colin.

This article was posted on Saturday, December 31st, 2022 at 6:08 am and is filed underCOVID-19,Misinformation,Facebook,finance,Freedom of Opinion/Speech,curfew,Narrative,pharmaceutical products.


How has the pandemic affected our economy? ›

The pandemic was accompanied by historic drops in output in almost all major economies. U.S. GDP fell by 8.9 percent in the second quarter of 2020 (figure 3-3), the largest single-quarter contraction in more than 70 years (BEA 2021c). Most other major economies fared even worse.

How close are we to total economic collapse? ›

The upshot. While the consensus is that a global recession is likely sometime in 2023, it's impossible to predict how severe it will be or how long it will last. Not every recession is as painful as the 2007-09 Great Recession, but every recession is, of course, painful.

How to prepare for economic collapse 2022? ›

Here are five steps that financial experts recommend to prepare for a recession.
  1. Focus on budgeting and building an emergency fund. ...
  2. Prioritize paying off high-interest debt. ...
  3. Update your résumé ...
  4. Get creative about saving. ...
  5. If you have savings to invest, be savvy about it.
Dec 10, 2022

Is COVID-19 considered an economic crisis? ›

The COVID-19 pandemic sent shock waves through the world economy and triggered the largest global economic crisis in more than a century.

What are the effects of economic crisis? ›

An economic downturn affects people's lives in many ways: through higher unemployment, reduced economic activity, reductions in income and wealth, and greater uncertainty about future jobs and income.

How does the pandemic affect the society? ›

From school closures to devastated industries and millions of jobs lost – the social and economic costs of the pandemic are many and varied. Covid-19 is threatening to widen inequalities everywhere, undermine progress on global poverty and clean energy, and more.

Are we headed for a depression in 2022? ›

In an interview with Bloomberg this week, Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023. “It's not going to be a short and shallow recession; it's going to be severe, long, and ugly,” Roubini said.

Is a world economic crash coming? ›

While the Organisation for Economic Co-operation and Development and International Monetary Fund expect global growth to plunge to 2.2-2.7% in 2023, from 6.1% in 2021, that still leaves the world economy unlikely to shrink for consecutive quarters.

Are we headed for a recession in 2023? ›

Almost two-thirds of chief economists believe a global recession is likely in 2023; of which 18% consider it extremely likely – more than twice as many as in the previous survey conducted in September 2022. A third of respondents consider a global recession to be unlikely this year.

Is the US headed for a recession? ›

Many economists agree that the U.S. is, for now, not in a recession. The most recent gross domestic product report published last week showed the U.S. economy grew by 2.9% in the fourth quarter of 2022, following growth of 3.2% in the quarter before.

How long will the 2023 recession last? ›

That's the prediction of The Conference Board. But some economists project the U.S. will avoid a contraction in GDP altogether.

What should you not do in a recession? ›

For example, you'll want to avoid becoming a co-signer on a loan, taking out an adjustable-rate mortgage (ARM), or taking on new debt. Workers considering quitting their jobs should prepare for a longer search if they decide to find a new one later.

What is causing inflation 2022? ›

Higher energy costs caused the inflation to rise further in 2022, reaching 9.1%, a high not seen since 1981. In July 2022 the Fed increased the interest rate for the third time in the year, yet inflation remained high outpacing the growth in wages and spending.

What caused the current economic crisis? ›

It started with a subprime mortgage lending crisis in 2007 and expanded into a global banking crisis with the failure of investment bank Lehman Brothers in September 2008. Huge bailouts and other measures meant to limit the spread of the damage failed and the global economy fell into recession. 9. COVID19 Pandemic.

What is causing recession 2022? ›

By contrast, excess liquidity, not debt, is the most likely catalyst for a recession today. In this case, extreme levels of COVID-related fiscal and monetary stimulus pumped money into households and investment markets, contributing to inflation and driving speculation in financial assets.

How does financial crisis affect society? ›

The financial crisis that hit the world economy in 2008-2009 has transformed the lives of many individuals and families, even in advanced countries, where millions of people fell, or are at risk of falling, into poverty and exclusion.

How does economy impact society? ›

Social and economic factors, such as income, education, employment, community safety, and social supports can significantly affect how well and how long we live. These factors affect our ability to make healthy choices, afford medical care and housing, manage stress, and more.

How do you explain economic crisis? ›

The economic crisis represents a situation in which the economy of a country passes through a sudden decrease of its force, decrease usually brought about by a financial crisis. The economic crisis may have the shape of a stagflation, of a recession or of an economic depression.

What are the negative effects of the pandemic? ›

Facility closures, social isolation, and quarantine have caused a loss of social connection with teachers, friends, and peers. Decreased physical activity, loss of tutor time, and increased 'screen time' through virtual learning, social or digital media can adversely affect mental health.

What are the long term effects of the pandemic? ›

Organ damage could play a role. People who had severe illness with COVID-19 might experience organ damage affecting the heart, kidneys, skin and brain. Inflammation and problems with the immune system can also happen. It isn't clear how long these effects might last.

What are the after effects of the pandemic? ›

Now, new research suggests that over 50% of doctors, nurses and emergency responders could be at risk for one or more mental health problems, including acute traumatic stress, depression, anxiety, alcohol abuse and insomnia.

Which is worse inflation or recession? ›

A recession directly reduces economy-wide incomes while inflation does not. A recession results from potential productive resources (labor, most importantly) being underutilized (a rise in unemployment, for example).

Will a Great Depression ever happen again? ›

Could a Great Depression happen again? Possibly, but it would take a repeat of the bipartisan and devastatingly foolish policies of the 1920s and ' 30s to bring it about. For the most part, economists now know that the stock market did not cause the 1929 crash.

How do you prepare for economic collapse? ›

What happens in a recession?
  1. Take stock of your financial priorities. ...
  2. Focus on debt repayment if you're able. ...
  3. Consider your career opportunities, both now and in the future. ...
  4. Try to bolster your emergency fund ahead of time. ...
  5. Make an effort to stay on top of your financial situation.

Will the US economy recover 2022? ›

We forecast that real GDP growth will slow to 0.3 percent in 2023, and then rebound to 1.6 percent in 2024. US GDP growth defied expectations in late 2022, but we expect persistently high inflation and rising interest rates to tip the economy into a brief and mild recession starting in Q1 2023.

What will cause 2023 recession? ›

“It is likely that the world economy will face recession next year as a result of the rises in interest rates in response to higher inflation,” Kay Daniel Neufeld, director and head of forecasting at the Center for Economics and Business Research, said this week.

Is the economy unstable 2022? ›

Press Briefing: World Economic Outlook, October 2022

The IMF forecasts global growth to slow from 6.0% in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth since 2001, except for the global financial crisis and the acute phase of the pandemic.

Will there be a depression in 2023? ›

A near-term downturn is unlikely

Is it possible that a recession will hit in 2023? Absolutely. But the likelihood of a first quarter recession is pretty low. Right now, unemployment levels are almost the lowest they've been in 20 years, and consumer spending has yet to decline in a meaningful way.

How long will inflation last? ›

A December analysis by supply chain firm Flexport found the consumer preference for goods is holding steady. This period of inflation could end by the middle of 2023, Hogan estimates. “We're seeing prices come down and that will help shorten the inflation cycle,” he says.

How do you prepare for another Great Depression? ›

How to Prepare for a Recession and Depression
  1. Start with your debts. ...
  2. Create a budget. ...
  3. Save up emergency funds. ...
  4. Pay off high-interest debt accounts. ...
  5. Evaluate any investment decisions. ...
  6. Build up your resume. ...
  7. Pick up a side hustle. ...
  8. Work with your creditors.

What was the worst economic crisis in US history? ›

Until the start of the COVID-19 recession in 2020, no post-World War II era came anywhere near the depth of the Great Depression.

What are the financial predictions for 2023? ›

Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below the historical (2000–19) average of 3.8 percent.

Can the US avoid a recession? ›

Slowing inflation as measured by the CPI, robust nonfarm payroll gains, and other positive data points together may mean the US can avoid a recession.

How many years on average will it take to recover from a recession? ›

How long and how bad is the average recession? A recent Forbes analysis showed the average period of economic growth lasted 3.2 years while the average recession lasted 1.5 years – an average of 4.7 years for the full cycle.

What is the longest a recession has lasted? ›

The long-term average includes the 1873 recession – a kidney stone of a downturn that lasted 65 months. It also includes the Great Depression, which lasted 43 months. If we look at the period since World War II, recessions have become less harsh, lasting an average of 11.1 months.

How long does the average US recession last? ›

However, recessions have been much shorter since World War II, with the typical economic downturn lasting approximately 10 months in the U.S. They can be much longer than that -- the Great Recession of 2007-2009 lasted 18 months -- or very short -- the COVID-19 recession of 2020 only lasted two months.

Is it better to have cash or property in a recession? ›

In addition, during recessions, people with access to cash are in a better position to take advantage of investment opportunities that can significantly improve their finances long-term.

Is having cash good in a recession? ›

Yes, cash can be a good investment in the short term, since many recessions often don't last too long. Cash gives you a lot of options.

What thrives in a recession? ›

Generally, the industries known to fare better during recessions are those that supply the population with essentials we cannot live without that. They include utilities, health care, consumer staples, and, in some pundits' opinions, maybe even technology.

How economy was affected by Covid us? ›

The unemployment rate jumped in April 2020 to a level not seen since the 1930s — and stood at 4.9 percent in October 2021, compared with 3.5 percent in February 2020. That official unemployment rate, moreover, understated job losses. There were still 4.2 million fewer jobs in October 2021 than in February 2020.

How has COVID-19 pandemic changed the world economy? ›

Most of countries now in recession

The IMF estimates that the global economy shrunk by 4.4% in 2020. The organisation described the decline as the worst since the Great Depression of the 1930s. The only major economy to grow in 2020 was China. It registered a growth of 2.3%.

Why did the pandemic cause inflation? ›

Inflation typically increases coming out of downturns as demand outpaces supply early in the recovery, but this tendency has been exacerbated by COVID-19 impacts. Demand for many goods dropped in 2020 and remained lower into 2021 as further waves of COVID cases led to government restrictions on consumer behavior.

How is the economy doing right now 2022? ›

The economy was resilient in 2022 – but recession fears are growing The U.S. economy grew at an annual rate of 2.9% in the final three months of last year — a surprisingly strong finish. But growth is expected to slow in 2023, and possibly even reverse.

How did lockdown affect the economy? ›

The study quantifies that the effect of, say, a 12-week lockdown lowers GDP by 7.1 percentage points in the richest quartile of countries, but only by 2.9 percentage points in the poorest countries. Much of that difference is due to the assumption that informal employment is not affected by lockdown.

How the COVID pandemic dismantled our economy? ›

Due to the lockdown and the risk of spreading the disease, the manufacturing of essential goods has slowed down. The supply chain of products has been disrupted, and national and international businesses face losses (22). The cash flow in the market is poor, slowing down the revenue growth in the economy.


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