A year and a half after the arrival of Virus, some may have started wondering why the usually unscrupulous ruling elites decided to freeze the global profit-making machine in the face of a pathogen that targets almost exclusively the unproductive (over 80s). Why all the humanitarian zeal?
Cui bono? Only those who are unfamiliar with the wondrous adventures of GloboCap can delude themselves into thinking that the system chose to shut down out of
compassion. Let us be clear from the start: the big predators of oil, arms, and vaccines could not care less about humanity.
Follow the money
In pre-Covid times, the world economy was on the verge of another colossal meltdown. Here is a brief chronicle of how the pressure was building up:
June 2019: In its
Annual Economic Report, the Swiss-based Bank of International Settlements (BIS), the 'Central Bank of all central banks', sets the international alarm bells ringing. The document highlights "overheating [...] in the leveraged loan market", where "credit standards have been deteriorating" and "collateralized loan obligations (CLOs) have surged - reminiscent of the steep rise in collateralized debt obligations [CDOs] that amplified the subprime crisis [in 2008]." Simply stated, the belly of the financial industry is once again full of junk.
9 August 2019: The BIS issues a
working paper calling for "unconventional monetary policy measures" to "
insulate the real economy from further deterioration in financial conditions". The paper indicates that, by offering "direct credit to the economy" during a crisis, central bank lending "can replace commercial banks in providing loans to firms."
Comment: Character disturbed criminals are taking advantage of an ideologically based legal status to commit crimes and even evade prosecution.
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