Sunday, May 8, 2022

A terrifying prediction for 2030 (the Great Reset) (Video)

 Here's a preview of what the WIF (World International Forum) predicts for 2030 as the Great Reset. Digital Identity, Digital Money and Scoring or as the Chinese call it: Social Credit. Just seeing the current applications in China Right now, it looks more like a nightmare than a technological utopia. Many things could and will happen before 2030 but the 4th industrial revolution as the WIF calls this dystopia will hopefully not be one of them.


 

"The Whole Planet Is A Pot, And We're All Frogs" (Covid Policies)

 Some interesting comments of what is currently going on in China. My take is that either the Chinese have gone mad as the article suggest or they are preparing for something "bigger". As discussed earlier I prefer the second hypothesis. It is more rational and more likely. I do not believe that the Chinese or the Russian want war. Nobody does. But they understand that the necessary financial reset in the West will be an opportunity to set scores with non Western countries and they must therefore prepare themselves for this event by decoupling their economy and get ready for unforeseen happenings...

Authored by Ugo Bardi via The Seneca Effect blog,

The lockdown in China: if the powerful are doing something that looks stupid, it's because whatever they’re doing IS actually stupid

I received several comments on my post "The Shanghai Lockdown: a Memetic Analysis," and I think that some were so interesting to be worth reproducing in a full-fledged post. The first comment comes from an anonymous commenter living in China. It seems to me believable, and also consistent with my interpretation.

In practice, the Chinese were (and are) not the only one who are conditioned by factors such as avoiding a loss of face.

Italians did the same during the lockdowns of 2020 and 2021.

There seems to be an enormous psychological problem that when you discover that you have been conned, you don't want to admit that. It makes little difference if you are Chinese, Italian, or another nationality.

There follows a comment by "Mon Seul Desir" on which I fully agree. So much that I used it in a condensed version for the title of this post.

When something looks insane, most likely, it IS insane.

A comment on "The Shanghai Lockdown: A Memetic Analysis"by "Anonymous"

I am in Shanghai. I have been living here since 2007. I can read/speak Chinese at a high level of fluency. I also travelled extensively in the country.

There is something that most foreign analyst do not grasp: the Chinese Mind (the "collective subconscious" if you wish.)

  • The Chinese Mind likes to be seen in the Struggle doing things to fight in the Struggle (no matter what the Struggle is, whether those actions give tangible results or not, at least they make great photo ops for the media.)

  • The Chinese Mind is hive-like, it's blindly obedient, and it lashes out at the "Enemy" (whether real or imaginary)

  • The Chinese Mind is a bit childish, it is for sure stubborn, and non-rational/logical (non-Cartesian)

  • The Chinese Mind is constantly under ideological propaganda, everywhere, every time, from childhood til death, from home to the workspace...

  • The Chinese Mind is never guilty, it always blames the Other (and the object of the blame is constantly shifting)

  • The Chinese Mind hates losing face (what face, nobody knows) and hates being criticized (just shut up and put it under the carpet)

Remember the famines? One day they wake up and decide to kill all the birds (that were eating bugs that were eating crops...)

Same Mindset.

Shanghai has always been seen as the most "civilized" city in China. Shanghai is often called Le Paris de l'Orient, it is an "international" first tier city... probably the top Chinese city in terms of openness, quality of life and access to medical care.

Nobody expected to see such levels of insanity in Shanghai... in other areas of the country, yes, but not here. Looking at the conditions in the quarantine centers... Containers without doors in a field, tents set on a highway, toilets flooded with feces... open air zoo.

They come take positive cases in big buses and ambulances almost daily. The police is patrolling streets at all times and we are unable to even set foot on the sidewalk. Every building that had a positive case is either: shut down with barriers OR has 1-2 men in a tent monitoring 24/7 (imagine all the manpower required.) Currently there are 3-4 of those tents in my compound. It's basically Martial Law.

The psychological toll is quite high. The monetary one must be hard of lower classes. Some neighbors have mental breakdowns. Some people spray alcohol in the air while walking to get tested... You'd think the Plague is upon us.

Some people were getting messages in group chat about "foreign spies" and "foreign media fueling anti-China conspiracies." Good ol' shift the blame tricks.

I have been in lockdown since mid-March, got tested 35 times, and lost about 12 pounds. The local governmental commune gave us a little bit of food, but barely enough to survive.

Luckily we had some preps and were able to order some food. Now most delivery guys are not allowed to deliver to our address. We can get a bit of food, but we need to get imaginative to create new recipes (boiled/sweet and sour/spicy/fermented cabbage.)

My take is:

It could be a test for something much bigger (ie., war, energy crisis) or they are truly afraid of the unrest if lots of old people were to die. Chinese people tend to get emotional and the last thing the authorities want to deal with is mobs lynching doctors in the streets.

Is the frog slowly boiling in the pot?

I think so.

Except the whole planet is pot and we're all frogs.

Posted by "Mon Seul Desir"

I think that there’s far too many attempts to rationalize the conduct and policies of the powerful as being part of some astonishingly clever plan, myself I use Occam’s razor, if the powerful are doing something that looks incredibly stupid, self destructive and utterly insane, then it is because whatever they’re doing IS actually incredibly stupid, self destructive and utterly insane. I don’t buy the myth that those in power are unusually clever, informed or are far seeing. Here in Canada I’ve been witnessing the follies of our child-rulers for the past few years and the bungling of senile Brandon south of the border and this is governance on the level of Honorius and Arcadius and their corrupt intrigue filled courts. As for China, I saw a report on Xi’s appearance before the Congress of Peoples Deputies and I wondered. How many of the deputies applauding him are actually plotting against him?

Friday, May 6, 2022

Financial War Takes A Nasty Turn

 This is a long Post so if you don't have the time to read the full article, here's the conclusion: "It is the financial war which is going “nuclear”. Talk in the West of the military war escalating towards a physical nuclear war misses this point. China and Russia now realise they must protect themselves from the West’s looming currency and economic crisis as a matter of urgency. To fail to do so would simply ensure the crisis overwhelms them as well."

 The risks of a nuclear war are not nil as the possibilities for miscalculations are numerous but for now the key to understand the crisis is financial as this article explains in details.

Authored by Alasdair Macleod via GoldMoney.com,

The chasm between Eurasia and the Western defence groupings (NATO, Five-eyes, AUKUS etc.) is widening rapidly. While media commentary focuses on the visible side of the conflict in Ukraine, the economic and financial aspects are what really matter.

There is an increasing inevitability about it all. China has been riding the inflationist Western tiger for the last forty years and now that it sees the dollar’s debasement accelerating wonders how to get off. Russia perhaps is more advanced in its plans to do without dollars and other Western currencies, hastened by sanctions. Meanwhile, the West is increasingly vulnerable with no apparent alternative to the dollar’s hegemony.

By imposing sanctions on Russia, the West has effectively lined up its geopolitical opponents into a common cause against an American dollar-dominated faction. Russia happens to be the world’s largest exporters of energy, commodities, and raw materials. And China is the supplier of semi-manufactured and consumer goods to the world. The consequences of the West’s sanctions ignore this vital point.

In this article, we look at the current state of the world’s financial system and assess where it is headed. It summarises the condition of each of the major actors: the West, China, and Russia, and the increasing urgency for the latter two powers to distance themselves from the West’s impending currency, banking, and financial asset crisis.

We can begin to see how the financial war will play out.

The West and its dollar-based pump-and-dump system

The Chinese have viewed the US’s tactics under which she has ensured her hegemony prevails. It has led to a deep-seated distrust in her relationship with America. And this is how she sees US foreign policy in action.

Since the end of Bretton Woods in August 1971, for strategic reasons as much as anything else America has successfully continued to dominate the free world. A combination of visible military capability and less visible dollar hegemony defeated the communism of the Soviets and Mao Zedong. Aid to buy off communism in Africa and Latin America was readily available by printing dollars for export, and in the case of Latin America by deploying the US banking system to recycle petrodollars into syndicated loans. In the late seventies, banks in London would receive from Citibank yards-long telexes inviting participation in syndicated loans, typically for $100 million, the purpose of which according to the telex was invariably “to further the purposes of the state.”

Latin American borrowing from US commercial banks and other creditors increased dramatically during the 1970s. At the commencement of the decade, total Latin American debt from all sources was $29 billion, but by the end of 1978, that number had skyrocketed to $159 billion. And in early-1982, the debt level reached $327 billion.[i] We all knew that some of it was disappearing into the Swiss bank accounts of military generals and politicians of countries like Argentina. Their loyalty to the capitalist world was being bought and it ended predictably with the Latin American debt crisis.

With consumer price inflation raging, the Fed and other major central banks had to increase interest rates in the late seventies, and the bank credit cycle turned against the Latins. Banks sought to curtail their lending commitments and often (such as with floating-rate notes) they were paying higher coupon rates. In August 1982, Mexico was the first to inform the Fed, the US Treasury, and the IMF that it could no longer service its debt. In all, sixteen Latin American countries rescheduled their debts subsequently as well as eleven LDCs in other parts of the world.

America assumed the lead in dealing with the problems, acting as “lender of last resort” working with central banks and the IMF. The rump of the problem was covered with Brady Bonds issued between 1990—1991. And as the provider of the currency, it was natural that the Americans gave a pass to their own corporations as part of the recovery process, reorganising investment in production and economic output. So, a Latin American nation would have found that America provided the dollars required to cover the 1970s oil shocks, then withdrew the finance, and ended up controlling swathes of national production.

That was the pump and dump cycle which informed Chinese military strategists analysing US foreign policy some twenty years later. In 2014, the Chinese leadership was certain the riots in Hong Kong reflected the work of American intelligence agencies. The following is an extract translated from a speech by Major-General Qiao Liang, a leading strategist for the Peoples’ Liberation Army, addressing the Chinese Communist Party’s Central Committee in 2015:

“Since the Diaoyu Islands conflict and the Huangyan Island conflict, incidents have kept popping up around China, including the confrontation over China’s 981 oil rigs with Vietnam and Hong Kong’s “Occupy Central” event. Can they still be viewed as simply accidental?

I accompanied General Liu Yazhou, the Political Commissar of the National Defence University, to visit Hong Kong in May 2014. At that time, we heard that the “Occupy Central” movement was being planned and could take place by end of the month. However, it didn’t happen in May, June, July, or August.

What happened? What were they waiting for?

Let’s look at another timetable: the U.S. Federal Reserve’s exit from the Quantitative Easing (QE) policy. The U.S. said it would stop QE at the beginning of 2014. But it stayed with the QE policy in April, May, June, July, and August. As long as it was in QE, it kept overprinting dollars and the dollar’s price couldn’t go up. Thus, Hong Kong’s “Occupy Central” should not happen either.

At the end of September, the Federal Reserve announced the U.S. would exit from QE. The dollar started going up. Then Hong Kong’s “Occupy Central” broke out in early October.

Actually, the Diaoyu Islands, Huangyan Island, the 981 rigs, and Hong Kong’s “Occupy Central” movement were all bombs. The successful explosion of any one of them would lead to a regional crisis or a worsened investment environment around China. That would force the withdrawal of a large amount of investment from this region, which would then return to the U.S."

For the Chinese, there was and still is no doubt that America was out to destroy China and stood ready to pick up the pieces, just as it had done to Latin America, and South-East Asia in the Asian crisis in 1997. Events since “Occupy Central” will have only confirmed that view and explains why the Chinese dealt with the Hong Kong problem the way they did, when President Trump mounted a second attempt to derail Hong Kong, with the apparent objective to prevent global capital flows entering China through Shanghai Connect.

For the Americans the world is slipping out of control. They have had expensive wars in the Middle East, with nothing to show for it other than waves of displaced refugees. For them, Syria was a defeat, even though that was just a proxy war. And finally, they had to give up on Afghanistan. For her opponents, America has lost hegemonic control in Eurasia and if given sufficient push can be removed from the European mainland entirely. Undoubtedly, that is now Russia’s objective. But there are signs that it is now China’s as well, in which case they will have jointly obtained control of the Eurasian land mass.

Financial crisis facing the dollar

The geopolitics between America and the two great Asian states have been clear for all of us to see. Less obvious has been the crisis facing Western nations. Exacerbated by American-led sanctions against Russia, producer prices and consumer prices are not only rising, but are likely to continue to do so. In particular, the currency and credit inflation of not only the dollar, but also the yen, euro, pound, and other motley fiat currencies have provided the liquidity to drive prices of commodities, producer prices and consumer prices even higher. In the US, reverse repos which absorb excess liquidity currently total nearly $2 trillion. And the higher interest rates go, other things being equal the higher this balance of excess currency no one wants will rise.

And rise they will. The strains are most obvious in the yen and the euro, two currencies whose central banks have their interest rates stuck below the zero bound. They refuse to raise them, and their currencies are collapsing instead. But when you see the ECB’s deposit rate at minus 0.5%, producer prices for Germany rising at an annualised rate of over 30%, and consumer prices already rising at 7.5% and sure to go higher, you know they will all go much, much higher.

Like the Bank of Japan, the ECB and its national central banks through quantitative easing have assembled substantial portfolios of bonds, which with rising interest rates will generate losses which will drive them rapidly into insolvency. Furthermore, the two most highly leveraged commercial banking systems are the Eurozone’s and Japan’s with assets to equity ratios for the G-SIBs of over twenty times. What this means is that less than a 5% fall in the value of its assets will bankrupt the average G-SIB bank.

It is no wonder that foreign depositors in these banking systems are taking fright. Not only are they being robbed through inflation, but they can see the day when the bank which has their deposits might be bailed in. And worse still, any investment in financial assets during a sharply rising interest environment will rapidly lose value.

For now, the dollar is seen as a haven from currencies on negative yields. And in the Western world, the dollar as the reserve currency is seen as offering safety. But this safety is an accounting fallacy which supposes that all currency volatility is in the other fiat currencies, and not the dollar. Not only do foreigners already own dollar-denominated financial assets and bank deposits totalling over $33 trillion, but rising bond yields will prick the dollar’s financial asset bubble wiping out much of it.

In other words, there are currently winners and losers in currency markets, but everyone will lose in bond and equity markets. Add into the mix counterparty and systemic risks from the Eurozone and Japan, and we can say with increasing certainty that the era of financialisation, which commenced in the 1980s, is ending.

This is a very serious situation. Bank credit has become increasingly secured on non-productive assets, whose value is wholly dependent on low and falling interest rates. In turn, through the financial engineering of shadow banks, securities are secured on yet more securities. The $610 trillion of OTC derivatives will only provide protection against risk if the counterparties providing it do not fail. The extent to which real assets are secured on bank credit (i.e., mortgages) will also undermine their values.

Clearly, central banks in conjunction with their governments will have no option but to rescue their entire financial systems, which involves yet more central bank credit being provided on even greater scales than seen over covid, supply chain chaos, and the provision of credit to pay for higher food and energy prices. It must be unlimited.

We should be in no doubt that this accelerating danger is at the top of the agenda for anyone who understands what is happening — which particularly refers to Russia and China.

Russia’s aggressive stance

There can be little doubt that Putin’s aggression in Ukraine was triggered by Ukraine’s expressed desire to join NATO and America’s seeming acquiescence. A similar situation had arisen over Georgia, which in 2008 triggered a rapid response from Putin. His objective now is to get America out of Europe’s defence system, which would be the end of NATO. Consider the following:

  • America’s military campaigns on the Eurasian continent have all failed, and Biden’s withdrawal from Afghanistan was the final defeat.

  • The EU is planning its own army. Being an army run by committee it will lack focus and be less of a threat than NATO. This evolution into a NATO replacement should be encouraged.

  • As the largest supplier of energy to the EU, Russia can apply maximum pressure to speed up the political process.

The most important commodity for the EU is energy. And through EU policies, which have been to stop producing carbon-based energy and to import it instead, the EU has become dependent on Russian oil, natural gas, and coal. And by emasculating Ukraine’s production, Putin is putting further pressure on the EU with respect to food and fertiliser, which will become increasingly apparent over the course of the summer.

For now, the EU is toeing the American line, with Brussels instructing member states to stop importing Russian oil from the end of this year. But already, it is reported that Hungary and Slovakia are prepared to buy Russian oil and pay in roubles. And it is likely that while other EU governments will avoid direct contractual relationships with Russia, ways round the problem indirectly are being pursued.

A sticking point for EU governments is having to pay in roubles. Otherwise, the solution is simple: non-Russian, non-EU banks can create a Eurorouble market overnight, creating rouble bank credit as needed. All that such a bank requires is access to rouble liquidity to manage a balance sheet denominated in roubles. The obvious providers of rouble credit are China’s state-controlled megabanks. And we can be reasonably sure that at his meeting with President Xi on 4 February, not only would the intention to invade Ukraine have been discusseded, but the role of China’s banks in providing roubles for the “unfriendlies” (NATO and its supporters) in the event of Western sanctions against Russia will have been as well.

The point is that Russia and China have mutual geopolitical objectives, and what might have come as a surprise to the West was most likely agreed between them in advance.

The recovery in the rouble from the initial hit to an intraday low of 150 to the dollar has taken it to 64 at the time of writing. There are two factors behind this recovery. The most important is Putin’s announcement that the unfriendlies will have to pay for energy in roubles. But there was a subsidiary announcement that the Russian central bank would be buying gold. Notionally, this was to ensure that Russian banks providing finance to gold mines could gold and other related assets as collateral. But the central bank had stopped buying gold and accumulated the unfriendlies currencies in its reserves instead. This was taken by senior figures in Putin’s administration as evidence that the highly regarded Governor, Elvira Nabiullina, had been captured by the West’s BIS-led banking system.

Russia has now realised that foreign exchange reserves which can be blocked by the issuers are valueless as reserves in a crisis, and that there is no point in having them. Only gold, which has no counterparty risk can discharge this role. And it is a lesson not lost on other central banks either, both in Asia and elsewhere.

But this sets the rouble onto a different course from the unbacked fiat currencies in the West. This is deliberate, because while rising interest rates will lead to a combined currency, banking, and financial asset crisis in the West, it is a priority of the greatest importance for Russia to protect herself from these developments.

A new backing for the rouble

Russia is determined to protect herself from a dollar currency collapse. So far as Russia is concerned, this collapse will be reflected in rising dollar prices for her exports. And only last week, one of Putin’s senior advisors, Nikolai Patrushev, confirmed in an interview with Rossiyskaya Gazeta that plans to link the rouble to commodities are now being considered. If this plan goes ahead, the intention must be for the rouble to be considered a commodity substitute on the foreign exchanges, and its protection against a falling dollar will be secured.

We are already seeing the rouble trending higher, with it at 64 to the dollar yesterday. Figure 1 below shows its progress, in the dollar-value of a rouble.

Keynesians in the West have misread this situation. They think that the Russian economy is weak and will be destabilised by sanctions. That is not true. Furthermore, they would argue that a currency strengthened by insisting that oil and natural gas are paid for in roubles will push the Russian economy into a depression. But that is only a statistical effect and does not capture true economic progress or the lack of it, which cannot be measured. The fact is that the shops in Russia are well stocked, and fuel is freely available, which is not necessarily the case in the West.

The advantages for Russia are that as the West’s currencies sink into crisis, the rouble will be protected. Russia will not suffer from the West’s currency crisis, she will still get inflation compensation in commodity prices, and her interest rates will decline while those in the West are soaring. Her balance of trade surplus is already hitting new records.

There was a report, attributed to Dmitri Peskov, that the Kremlin is considering linking the rouble to gold and the idea is being discussed with Putin. But that’s probably a rehash of the interview that Nickolai Patrushev recorded with Rossiyskaya Gazeta referred to above, whereby Russia is considering fixing the rouble against a wider range of commodities. At this stage, a pure gold standard for the rouble of some sort would have to take the following into account:

  • History has shown that the Americans and the West’s central banks manipulate gold prices through the paper markets. To fix the rouble against a gold standard would hold it a hostage to fortune in this sense. It would be virtually impossible for the West to manipulate the rouble by intervening in this way across a range of commodities.

  • Over long periods of time the prices of commodities in gold grams are stable. For example, the price of oil since 1950 has fallen by about 30%. The volatility and price rises have been entirely in fiat currencies. The same is true for commodity prices generally, telling us that not only are commodities priced in gold grams generally stable, but a basket of commodities can be regarded as tracking the gold price over time and therefore could be a reasonable substitute for it.

  • If Russia has significant gold bullion quantities in addition to declared reserves, these will have to be declared in conjunction with a gold standard. Imagine a situation where Russia declares and can prove that it has more gold that the US Treasury’s 8,133 tonnes. Those who appear to be in a position to do so assess the true Russian gold position is over 10,000 tonnes. Combined with China’s undeclared gold reserves, such an announcement would be a financial nuclear bomb, destabilising the West.

  • For this reason, Russia’s partner, China, for which exporting semi-manufactured and consumer goods to the West is central to her economy activities, would prefer an approach that does not add to the dollar’s woes directly. The Americans are doing enough to undermine the dollar without a push from Asia’s hegemons.

Furthermore, a mechanism for linking the rouble to commodity prices has yet to be devised. The advantage of a gold standard is it is a simple matter for the issuer of a currency to accept notes from the public and to pay out gold coin. And arbitrage between gold and roubles would ensure the link works on the foreign exchanges. This cannot be done with a range of commodities. It will not be enough to simply declare the market value of a commodity basket daily. Almost certainly forex traders will ignore the official value because they have no means of arbitrage.

It is likely, therefore, that Russia will take a two-step approach. For now, by insisting on payments in roubles by the unfriendlies domestic Russian prices for commodities, raw materials and foods will be stabilised as the unfriendlies’ currencies fall relative to the rouble. Russia will find that attempts to tie the currency to a basket of currencies is impractical. After the West’s currency, banking, and financial asset crisis has passed then there will be the opportunity to establish a gold standard for the rouble.

The Eurasian Economic Union

While it is impossible to formally tie a currency which trades on the foreign exchanges to a basket of commodities, the establishment of a virtual currency specifically for trade settlement between jurisdictions is possible. This is the basis of a project being supervised by Sergei Glazyev, whereby such a currency is planned to be used by the member states of the Eurasian Economic Union (EAEU). Glazyev is Russia’s Minister in charge of integration and macroeconomics of the EAEU. While planning to do away with dollars for trade settlements has been in the works for some time, sanctions by the unfriendlies against Russia has brought about a new urgency.

We know no detail, other than what was revealed in an interview Glazyev gave recently to a media outlet, The Cradle [ii]. But the desire to do away with dollars for the countries involved has been on the agenda for at least a decade. In October 2020, the original motivation was explained by Victor Dostov, president of the Russian Electronic Money Association:

“If I want to transfer money from Russia to Kazakhstan, the payment is made using the dollar. First, the bank or payment system transfers my roubles to dollars, and then transfers them from dollars to tenge. There is a double conversion, with a high percentage taken as commission by American banks.”

The new trade currency will be synthetic, presumably price-fixed daily, giving conversion rates into local currencies. Operating rather like the SDR, state banks can create the new currency to provide the liquidity balances for conversion. It is a practical concept, which being relatively advanced in the planning, is probably the reason the Kremlin is considering it as an option for a future rouble.

That idea of a commodity basket for the rouble itself is bound to be abandoned, while a successful EAEU trade settlement currency can be extended to both the wider Shanghai Cooperation Organisation and the BRICS members not in the SCO.

China’s position

We can now say with confidence that at their meeting on 4 February Putin and Xi agreed to the Ukraine invasion. Chinese interests in Ukraine are affected, and the consequences would have had to be discussed.

The fact that Russia went ahead with its war on Ukraine makes China complicit, and we must therefore analyse the position from China’s point of view. For some time, America has attacked China’s economy, trying to undermine it. I have already detailed the position over Hong Kong, to which can be added other irritations, such as the arrest of Huawei’s chief financial officer in Canada on American instructions, trade tariffs, and the sheer unpredictability of trade policy during the Trump administration.

President Biden and his administration have now been assessed by both Putin and Xi. By 4 February their economic and banking advisors will have made their recommendations. Outsiders can only come to one conclusion, and that is Russia and China decided at that meeting to escalate the financial war on the West.

Their position is immensely strong. While Russia is the largest exporter of energy and commodities in the world, China is the largest provider of intermediate and consumer goods. Other than the unfriendlies, nearly all other nations are neutral and will understand that it is not in their interests to side with NATO, the EU, Japan and South Korea. The only missing piece of the jigsaw is China’s commoditisation of the renminbi.

Following the Fed’s reduction of its funds rate to the zero bound and its monthly QE increase to $120bn per month, China began to aggressively stockpile commodities and grains. In effect, it was a one-nation crack-up boom, whereby China took the decision to dump dollars. The renminbi rose against the dollar, but by considerably less than the dollar’s loss of purchasing power. This managed exchange rate for the renminbi appears to have been suppressed to relieve China’s exporters from currency pressures, at a time when the Chinese economy was adversely affected first by credit contraction, then by covid and finally by supply chain disruptions.

With respect to supply chains, current lockdowns in Shanghai and the logjam of container vessels in the Roads look set to emasculate Western economies with supply chain issues for the rest of the year. All we know is that the authorities are making things worse, but we don’t know whether it is deliberate.

It is increasingly difficult to believe that the financial and currency war is not being purposely escalated by the Chinese-Russian partnership. Having attacked Ukraine, the West’s response is undermining their own currencies, and the urgency for China and Russia to protect their currencies and financial systems from the consequences of a fiat currency crisis has become acute.

It is the financial war which is going “nuclear”. Talk in the West of the military war escalating towards a physical nuclear war misses this point. China and Russia now realise they must protect themselves from the West’s looming currency and economic crisis as a matter of urgency. To fail to do so would simply ensure the crisis overwhelms them as well.

 

Thursday, May 5, 2022

The Long, Lucrative & Bloody Road To World War 3

 Seeing the leadership in Brussels, London and Washington, it is hard to be optimistic about the long term prospects of our societies. Incompetence, senility and fanaticism are indeed not exactly the top characteristics you would expect of world leaders but then again, as George Carlin used to say: "This is it! It's the best we can do!"  

Authored by Connor Freeman via The Libertarian Institute, 

Well, this war in Ukraine will last “months and years.” At least, that is what the leaders of the D.C. foreign policy blob, the mediaPresident Joe Biden’s menPentagon and NATO leadership have decided. Their plan is to pour oil on the flames and keep the fire raging. Also, Americans are going to have to cough up the dough for another massive aid package, with $20 billion worth of weapons to keep the blood flowing. In total, this next package will cost the taxpayer $33 billion. With Biden’s proposed $813 billion “defense” budget for 2023, the U.S. is spending more on the military and war now than ever before in the country’s history.

Now that we have our very own Ministry of Truth, it would appear any national debate over these polices, indeed if such a debate is ever allowed to take place, will likely have to be moderated by cockroaches and Keith Richards.

NATO is set to expand again, bringing in Finland and Sweden. This will extend the alliance’s border with Russia by greater than 800 miles and further stoke nuclear tensions, bringing the current brinksmanship to a whole new level. Moscow plans to respond including by increasing air and naval forces in the Baltic Sea and reinforcing its Kaliningrad exclave, which lies between NATO members Poland and Lithuania, with additional nuclear weapons and hypersonic missiles. Until 2004, it was unthinkable that NATO would ever expand to Russia’s borders until that actually happened. Like most of our issues with Russia, this is all Bill Clinton and George W. Bush’s fault.

Even as Russia’s Foreign Minister Sergei Lavrov and other leaders in Moscow repeatedly warn of nuclear conflict and World War III, even directly comparing the current situation to the Cuban Missile Crisissenior Pentagon officials say they are not concerned.

Images: AP

Nor do our all-knowing rulers appear concerned with the fact that they have “almost zero” ability to keep track of the myriad sophisticated weapons systems they are sending to Ukraine. CNN quoted briefed sources saying intelligence shows American arms are falling into a “big black hole.” They say it’s worth it.

Nor do they seem to be concerned with the Russians’ warnings regarding how the West’s weapons flood in Ukraine threatens to expand the war into NATO territory and destabilize Europe. UK Foreign Secretary Liz Truss demands the West must “double down” on arms shipments, insisting particularly on “heavy weapons, tanks, airplanes—digging deep into our inventories, ramping up production. We need to do all of this.”

Our top diplomat Antony Blinken says the plan is regime change in Moscow, much like his boss did in March with his Polish “gaffe.” Ironically, the $47 billion in weapons and other U.S. aid pledged to Ukraine these last two months will soon surpass the State Department’s entire budgetEat your heart out, Netanyahu!

Secretary of Defense Lloyd Austin, former Raytheon board member, says the goal is to see Russia “weakened” to the point where it lacks even the capability to defend itself just outside its borders. As Pat Buchanan notes, this policy, whether its intended to or not, pressures the Kremlin to more seriously consider pulling its nuclear trigger.

“We want to see Russia weakened to the degree that it can’t do the kinds of things that it has done in invading Ukraine,” Austin said with a clear eye toward increasing Russian casualties and the long term destruction of Moscow’s conventional power.

Perhaps, Austin wants to cripple Russia so severely that his Pentagon can fight a war with China, the “most consequential strategic competitor and the pacing challenge for the Department,” without having to worry so much about Moscow—deemed a second tier “acute” threat, albeit one armed with roughly 6,000 nukes—getting involved.

Austin’s Raytheon pals are making a killing on this proxy war as well as the ancillary effects such as European NATO states, at long last, increasing their military spending.

As Ron Paul has written,

One group of special interests profiting massively on the war is the US military-industrial complex. Raytheon CEO Greg Hayes recently told a meeting of shareholders that, “Everything that’s being shipped into Ukraine today, of course, is coming out of stockpiles, either at DOD or from our NATO allies, and that’s all great news. Eventually we’ll have to replenish it and we will see a benefit to the business.”

He wasn’t lying. Raytheon, along with Lockheed Martin and countless other weapons manufacturers are enjoying a windfall they have not seen in years. The U.S. has committed more than three billion dollars in military aid to Ukraine. They call it aid, but it is actually corporate welfare: Washington sending billions to arms manufacturers for weapons sent overseas.

By many accounts these shipments of weapons like the Javelin anti-tank missile (jointly manufactured by Raytheon and Lockheed Martin) are getting blown up as soon as they arrive in Ukraine. This doesn’t bother Raytheon at all. The more weapons blown up by Russia in Ukraine, the more new orders come from the Pentagon.

Former Warsaw Pact countries now members of NATO are in on the scam as well. They’ve discovered how to dispose of their 30-year-old Soviet-made weapons and receive modern replacements from the U.S. and other western NATO countries.

There is scarcely a status quo to oppose. For weeks, escalations have continued apace. London has deployed SAS troops in Kiev to train Ukrainian troops on English anti-tank weapons. The U.S. is training Kiev’s troops in Germany and two other secret locations in Europe on heavy artillery, radar systems, and armored vehicles. Washington is expanding intelligence sharing with Kiev for its war with Russia in the Donbas, providing howitzers, vehicles to carry them, and an additional 144,000 artillery rounds. Poland is sending tanks to Ukraine, Slovenia has a plan to send large numbers of T-72 battle tanks as well. The Germans will be supplying anti-aircraft tanks to Kiev and the Pentagon says an unidentified European ally is providing Ukraine with warplanes.

London’s armed forces minister declared his government’s support for Kiev’s “completely legitimate” attacks inside Russia using British arms. This comes amid an uptick in reports of Ukrainian cross border drone and helicopter assaults including on Russian oil depotsresidential areas, and villages. The U.S. and its European allies are implementing a long term policy that looks to exile Russia, looking toward a new world order where they no longer seek to “coexist” with Moscow.

London wants Europe to cut off all Russian energy “once and for all,” which would make war more likely, impoverish innocent people, and cause massive recessions.

The U.S., NATO, and Russian presence in the Mediterranean Sea has reached Cold War levels, as NATO builds new Eastern European battlegroups.

In March, NATO Secretary General Jens Stoltenberg warned that any “use of chemical weapons would totally change the nature of the conflict, it would be a blatant violation of international law and would have far-reaching consequences.” This weekend, legislation for a new Authorization for the Use of Military Force (AUMF) has been introduced by Congressman Adam Kinzinger (R-IL). Kinzinger’s announcement calls the would be AUMF a “clear red line,” which would authorize Biden to deploy troops to Ukraine to fight Russians if Moscow should “use chemical, biological, and/or nuclear weapons.”

With the almost complete bipartisan Congressional support for the renewal of Lend-Lease and other anti-Russia, pro-war legislation, it is not outside the realm of possibility that this bill and its cynical redline trap becomes law.

For nearly two decades, Washington has funded “biological research” and other laboratories inside Ukraine. According to the head of the DoD’s Cooperative Threat Reduction Program, some of these labs may contain Soviet-era bioweapons.

As Dave DeCamp, news editor at Antiwar.com, has reported,

The Pentagon funds labs in Ukraine through its Defense Threat Reduction Agency (DTRA). According to a Pentagon fact sheet released last month, since 2005, the U.S. has “invested” $200 million in “supporting 46 Ukrainian laboratories, health facilities, and diagnostic sites.”

Moscow has accused Ukraine of conducting an emergency clean-up of a secret Pentagon-funded biological weapons program when Russia invaded. The World Health Organization said it advised Ukraine to destroy “high-threat pathogens” around the time of the invasion.

For their part, the U.S. maintains that the program in Ukraine and other former Soviet states is meant to reduce the threat of biological weapons left over from the Soviet Union. While downplaying the threat of the labs, Pentagon officials have also warned that they could still contain Soviet-era bioweapons.

Robert Pope, the director of the DTRA’s Cooperative Threat Reduction Program, told the Bulletin of the Atomic Scientists in February that the labs might contain Soviet bioweapons and warned that the fighting in Ukraine could lead to the release of a dangerous pathogen.

Much like previous Syrian redlines, this is practically the hawks’ invitation to bad actors seeking U.S. intervention to go ahead and launch an attack that could be plausibly blamed on our Hitler du jour to manufacture their desired casus belli.

It seems there may be ample sites somebody could hit that would cross Kinzinger’s cleverly drawn line in the sand. And much like the CIA, Turkey, and Saudi Arabia’s al Qaeda allies in Syria, the Azov Battalion and other Nazi groups, who have taken a humiliating beating thus far in the war, are prime candidates to launch a false flag.

If the American people do not wake up and demand an end to our government’s intervention in Ukraine, the U.S. may be directly entering this war soon.

If Russia was doing what the U.S. and its allies are doing in Ukraine, in Mexico or Canada, in addition to the unprecedented economic war being waged, these hawks in D.C. would have pulled the aforementioned nuclear trigger months ago.

Wednesday, May 4, 2022

EU Proposes Ban On Russian Oil Imports

 As discussed earlier, these unelected people are mad. They are ready to shout themselves in the foot to aggravate Russia. Each single step takes us closer to WW3.

EU Proposes Ban On Russian Oil Imports

Seemingly right on cue (and by that we mean less than two weeks after Emmanuel Macron won re-election in France, securing the European status quo), and shortly after the Germans acquiesced to demands for a gradual reduction in Russian oil imports, European Commission President Ursula von der Leyen announced plans for a phased ban on all Russian oil by the end of the year.

Commission President Ursula von der Leyen told the European Parliament this would be "a complete import ban on all Russian oil, seaborne and pipeline, crude and refined."

"We will make sure that we phase out Russian oil in an orderly fashion, in a way that allows us and our partners to secure alternative supply routes and minimises the impact on global markets," she said.

"This is why we will phase out Russian supply of crude oil within six months and refined products by the end of the year."

 In a proposed sixth round of sanctions aimed at pressuring President Putin, von der Leyen also said the bloc's executive body was also proposing to take Russia’s biggest bank, Sberbank, and two other Russian banks off the Swift financial-messaging system.

What's more, the European Commission is also planning to ban three major Russian state-owned broadcasters from the EU.

According to von der Leyen, EU member states will start discussing this latest sanctions package later Wednesday in Brussels. Ambassadors from the European Union's 27 member countries were expected to adopt the plans as early as this week, meaning the sanctions could soon become law, Reuters notes, although differences remain among member states about certain aspects of the proposals.

Oil prices jumped on the news, but the shift in spot prices doesn't entirely reflect the difficulties ahead, as Europe's scramble to replace Russian supplies will likely create serious problems in the international market, as they search for replacement sources from the Middle East, North Africa and the US.

The rise in prices also removes all the price-drop benefits of President Biden's massive SPR release plan to bring down US retail gasoline prices.

To be sure, a full embargo on Russian oil isn't a done deal yet: Hungary (seeking exemptions) has repeatedly warned it could veto an oil package that doesn’t allow Budapest enough time and financial assistance to set up the infrastructure needed to wean itself off Russian oil pipeline deliveries. Diplomats said at least two more member states, the Czech Republic and Bulgaria, have argued that if Hungary and Slovakia are given more time to stop buying Russian oil exports, they should be given the same leeway.

A trickier issue will be replacing Russian refined product imports, particularly so-called middle distillates. These include fuels such as diesel, fuel oil that runs heavy-duty vehicles and machinery, and inputs for petrochemicals. 

"The middle distillate market is extremely tight in most regions around the globe. Risks around Russian supply, lower Chinese exports, recovering demand following Covid, and limited ability of refiners to respond has meant that inventories in the US, Europe and Asia are at multiyear lows," ING strategist Warren Patterson said.

Von der Leyen delusionally noted at the conclusion of her speech that her proposal will "maximize pressure on Russia, while at the same time minimizing collateral damage to us and our partners around the globe." In reality, we fail to see how reduced supply at this time - and thus higher prices - does anything but hurt every other nation on earth (especially the poorest)... which perhaps explains why so many nations (including those with some of the lower GDP per person levels) refuse to go along with the West's plan to punish Putin.

Your Face Is Now A Weapon Of War (Privacy)

 This article about privacy is rather disturbing. Technology is neutral but the use we make of it is not and step by step we are lowering our standards while people remain unaware...

Authored by Stephanie Hare via National Interest,

Ukraine is using Clearview AI’s facial recognition technology to identify Russians, dead and alive, drawing on a database of billions of face images that it scraped from the internet without anyone’s consent.

Who owns your face? You might think that you do, but consider that Clearview AI, an American company that sells facial recognition technology, has amassed a database of ten billion images since 2020. By the end of the year, it plans to have scraped 100 billion facial images from the internet. It is difficult to assess the company’s claims, but if we take Clearview AI at face value, it has enough data to identify almost everyone on earth and end privacy and anonymity everywhere.

As you read these words, your face is making money for people whom you’ve never met and who never sought your consent when they took your faceprint from your social media profiles and online photo albums. Today, Clearview AI’s technology is used by over 3,100 U.S. law enforcement agencies, as well as the U.S. Postal Service. In Ukraine, it is being used as a weapon of war. The company has offered its tools free of charge to the Ukrainian government, which is using them to identify dead and living Russian soldiers and then contact their mothers.

It would be easy to shrug this off. After all, we voluntarily surrendered our privacy the moment we began sharing photos online, and millions of us continue to use websites and apps that fail to protect our data, despite warnings from privacy campaigners and Western security services. As so many of us sympathize with Ukraine and are appalled by Russia’s brutality, it is tempting to overlook the fact that Ukraine is not using Clearview AI to identify dead Ukrainians, which suggests that we are witnessing the use of facial recognition technology for psychological warfare, not identification. Some people will be fine with the implications of this: if Russian mothers have to receive disturbing photos of their dead sons, so be it.

To understand why we might want to rethink the use of facial recognition technology in conflict, consider the following thought experiments. First, imagine that it was Russia that had scraped Ukrainian biometric data from the internet to build a facial recognition technology tool which it was using to identify dead Ukrainians and contact their mothers. Liberal democracies would likely condemn these actions and add them to its growing list of Russia’s barbaric actions. Second, imagine a conflict in which the United States was fighting against an opponent who had taken American faceprints to train its facial recognition technology and was using it to identify dead American soldiers and contact their mothers. This would almost certainly cause howls of protest across the United States. Technology executives would be vilified in the press and hauled before Congress, where lawmakers might finally pass a law to protect Americans’ biometric data.

We do not need to wait for these scenarios to occur; Congress could act now to protect Americans’ biometric data. If taking inspiration from the European Union (EU) General Data Protection Regulation (GDPR) seems a step too far, Congress only needs to look to Illinois, whose Biometric Information Privacy Act (BIPA) requires that companies obtain people’s opt-in consent before capturing facial images and other biometrics. Clearview AI is currently fighting multiple lawsuits in federal and state courts in Illinois for failing to obtain users’ consent. These lawsuits highlight a troubling aspect of facial recognition technology in the United States: Americans’ privacy, civil liberties, and rights over their biometric data vary from state to state, and even within states, and are not protected by federal law.

To remedy this problem, Congress could also look to several U.S. allies, including three of its Five Eyes intelligence-sharing partners. In 2021, Canada’s privacy commissioner identified Clearview AI as a tool of mass surveillance and declared it illegal, while British and Australian data regulators fined Clearview AI and ordered it to delete their citizens’ data. In the EU, Italy recently fined Clearview €20 million, ordered it to delete all of the data that it had collected from Italian citizens, and prohibited Clearview AI from collecting more data. Last year, Sweden fined police authorities for using Clearview AI’s technology to identify people, and a number of privacy, civil liberties, and human rights groups filed complaints against the company with data regulators in France, Austria, and Greece. Unsurprisingly, in May 2021, Clearview AI said it had no EU-based customers.

For all of Clearview AI’s many flaws, the challenge free-societies face is about more than the actions of one company. Many companies and governments are using similar means to create the same tools, such as PimEyes, FindClone, and TrueFace. Liberal democracies can regulate them, but currently, there is nothing preventing adversaries from capturing our faces and other biometric data. Failing to act could endanger soldiers, security personnel, and law enforcement officers, as well as civilian populations. It is time to confront this challenge head-on.

Monday, May 2, 2022

This is why we can't have nice things (Video)

 This is Golden Week in Japan. A time for holiday, a time for thinking. 

 So here it is: "Why can't we have nice things?" As we are surrounded with crap from China and bombarded with ecological nonsense, this is a very important question to ask. The answer to this question will determine if we can actually reinvent our society and build something different, more sustainable.


 

The Syria The Media Won't Show You (Video)

 Look at this documentary on Syria. Simply astounding and so different from what we hear in the West. Far from war, propaganda and hype, reality in a real country.

 We live in a time where it pays to keep your mind open. Believe no one, check everything and be amazed.

 I remember having exactly the same experience the first time I went to Istanbul. The Turks were not only "nice" but kind and friendly. The city a true, ancient bridge between East and West.


 

Sunday, May 1, 2022

Covid the China way! (Video)

 This is a very long podcast so you do not need to see it all. But just the beginning gives a good taste not only of what the Chinese policy about Covid is but what the dystopia China has become under Xi Jinping. China is back to the dark days of Mao Zedong but with the help of technology, cameras and social credit, which makes the nightmare even worse. And there is no escape... 

 The other point is that China is preparing for war... Let's keep this in mind!


 

 

 

‘What I’ve Seen in the Last 2 Years Is Unprecedented’: Physician on COVID Vaccine Side Effects on Pregnant Women

 MD and Physicians are "talking". (See the tens of thousands who have signed the Great Barrington Declaration.) But relentless propaganda is shutting them down. Likewise below. Nothing to worry about concerning the vaccine? 

 PS: All this was predicted by doctors two years ago. It was a conspiracy then and cancelled on Social Media. What is it now? Statistics?

Via Epoch Times

Former Pfizer VP: ‘Adverse impacts on conception and ability to sustain a pregnancy were foreseeable’

Stock photo of a pregnant woman holding her stomach. (Arteida Mjeshtri/Unsplash)

Dr. James Thorp is an extensively published 68-year-old physician MD board-certified in obstetrics and gynecology, as well as maternal-fetal medicine, who has practiced obstetrics for over 42 years.

Thorp told The Epoch Times that he sees 6,000–7,000 high-risk pregnant patients a year and has seen many complications among them due to the COVID vaccines.

“I’ve seen many, many, many complications in pregnant women, in moms and in fetuses, in children, offspring,” Thorp said, “fetal death, miscarriage, death of the fetus inside the mom.

“What I’ve seen in the last two years is unprecedented,” Thorp asserted.

Thorp explained that although he has seen an increase in fetal death and adverse pregnancy outcomes associated with the COVID-19 vaccination, attempts to quantify this effect are hampered by the imposition of gag orders on physicians and nurses that were imposed in September 2021, as reviewed in the publication “Patient Betrayal: The Corruption of Healthcare, Informed Consent and the Physician-Patient Relationship” (pdf).

At the beginning of January, the FDA was ordered to release its first large batch of documents related to Pfizer’s COVID jab trials, of which over 10,000 of about 450,000 pages have been made public so far.

From the first day of the Pfizer-BioNTech vaccine rollout on Dec. 1 2020 through Feb. 28, 2021, 1,223 deaths and 42,086 adverse events were reported to Pfizer.

Among the adverse events, particularly alarming are the ones that affected pregnant women. The documents say that there were 274 pregnancy adverse events, of which 75, or 27 percent were “serious.”

“49 non-serious and 75 serious, reported clinical events, which occurred in the vaccinated mothers. Pregnancy related events reported in these cases coded to the [patients] Abortion spontaneous (25), Uterine contraction during pregnancy, Premature rupture of membranes, Abortion, Abortion missed, and Foetal death (1 each). Other clinical events which occurred in more than 5 cases coded to the [patients] Headache (33), Vaccination site pain (24), Pain in extremity and Fatigue (22 each), Myalgia and Pyrexia (16 each), Chills (13) Nausea (12), Pain (11), Arthralgia (9), Lymphadenopathy and Drug ineffective (7 each), Chest pain, Dizziness and Asthenia (6 each), Malaise and COVID-19 (5 each),” reads the previously confidential Pfizer documents (pdf).

The CDC website recommends the COVID vaccines during pregnancy in order to “prevent severe illness and death in pregnant women.”

The American College of Obstetricians and Gynecologists (ACOG) also “strongly recommends that pregnant individuals be vaccinated against COVID-19,” adding that pregnant women’s complete vaccination should be a “priority.”

Thorp repeatedly emphasized that it’s not that everybody got their shots when the vaccine was first distributed.

“They were not all administered [on Dec 1, 2020,]” Thorp said. “All the lots that were sent out were deep-frozen on-site and then they were administered slowly over that eight weeks.”

The amount of BioNTech vaccines shipped worldwide at the time has been redacted in the aforementioned document.

Why did they redact that? That would have been unbelievable information that would give you the exact numerator and denominator,” Thorp said.

The “general overview” table says that there were 29,914 “cases” related to females, 9,182 in males, and 2,990 people with “no data,” of which 19,582 are “recovered/recovering,” 11,361 “not recovered at the time of the report” and 1,223 “fatal.”

Former Pfizer VP Had Given Warnings

Michael Yeadon is a big pharma veteran with 32 years in the industry. He retired from Pfizer whilst occupying the most senior research position in that field.

“On December 1, 2020, We detailed a series of mechanistic toxicology concerns which we believed were reasonable to hold, unless & until proven not to occur,” Yeadon said in a statement to The Epoch Times.

“Among those was that adverse impacts on conception and ability to sustain a pregnancy were foreseeable.”

“It’s important to note that none of these gene-based agents had completed what’s called ‘reproductive toxicology.’ Over a year later, this battery of tests in animals still has not been done. So there was and still is no data package supporting safety in pregnancy or prior to conception.”

Dr. Wolfgang Wodarg and Yeadon detailed the concerns on the issue: the spike protein from the virus encoded in the vaccines was related to a minor extent to syncytin that plays a crucial part in the carrying of a baby to term.

Yeadon had hoped, back then, that their concerns were paid attention to, since they had already seen the tragedy of thalidomide, a sedative drug that caused congenital malformation, over 60 years ago.

“During 2021, I came across two further pieces of evidence which made it much more likely that there’d be adverse effects on pregnancy from COVID-19 ‘vaccines.’”

“It looked like someone had tried to dismiss our concerns by testing for evidence of the particular problem we’d warned about in Dec. 2020. Unfortunately, all they did is to reinforce our concerns. We’d envisioned the risk that, in responding to the synthetic piece of virus spike protein, women’s immune systems would also make an immune response to their own placental protein,” Yeadon said. “That’s exactly what was reported in the pre-print paper.”

“Based on this concern alone, all of these experimental products as a class should have been completely contraindicated in women younger than menopause.”

mRNA Products Accumulate in Ovaries

Another concern that they had not initially noticed was that “the mRNA products (Pfizer & Moderna) would accumulate in ovaries,” Yeadon stated.

“An FOI request to the Japanese Medicines Agency revealed that product accumulation in ovaries occurred in experiments in rodents. I searched the literature based on these specific concerns and found a 2012 review, explicitly drawing attention to the evidence that the lipid nanoparticle formulations as a class do, in fact, accumulate in ovaries and may represent an unappreciated reproductive risk to humans. This was ‘a well known problem’ to experts in that field.”

A 2012 study says that after testing with different mouse species and Wistar rats, “a high local accumulation of nanoparticles, nanocapsules and nanoemulsions in specific locations of the ovaries was found in all animals.”

Referring to the study, Yeadon told The Epoch Times that “The authors tell untruths. They say something like ‘there was no increase in anti-syncytin-1 antibodies.’”

“No, that’s wrong. Their data is clearly 2.5X increased after vaccination and obviously statistically significant (functional significance is looking confirmed by the miscarriage rate),” Yeadon noted.

“What they’ve done is cute. They’ve chosen a completely arbitrary level they scribed on the figure below which they claim nothing matters. No evidence whatsoever for that claim. In fact, in the discussion, they confess we don’t know the relationship between antibodies and the impact on function.”

The former Pfizer VP believes that the pharmaceutical industry “definitely knew,” since 2012, that the lipid nanoparticles would accumulate in the ovaries of women that took the vaccines.

“No one in the industry or in leading media could claim ‘they didn’t know about these risks to successful pregnancy.’”

A lipid nanoparticle is an extremely small particle, it’s a fat-soluble membrane that is the cargo of the messenger RNA, Thorp said.

Epoch Times Photo
Dr. James Thorp (Courtesy of James Thorp)

“From data that we have, there appears to be a concentration of the lipid nanoparticles, which are very, very small particles, which are in the vaccine that are injected into the arm,” Thorp said, “and then the vast majority of those are dispersed throughout the entire body.”

“They appear to concentrate in the ovaries, and they appear to cross all God-made barriers in the human body, the blood-brain barrier, the placental barrier during pregnancy, into the fetal bloodstream, and all the fetal tissues inside the womb, crossing the blood-brain barrier in the fetus, the baby in the womb, which is very concerning,” he noted, since the eggs produced by women are limited in number, and they would be “exposed to a potentially disastrous toxic lipid nanoparticle.”

Dr. Christiane Northrup is a board-certified obstetrician-gynecologist with more than 30 years of experience and the former president of the American Holistic Medical Association. She also served on their board during the 80s and early 90s.

She told The Epoch Times last October about how were women being affected by the vaccines.

“Women are having bleedings. The doctors in our area are doing hysterectomies in young women, like 30-somethings, they said, ‘Oh, it’s not unusual.’ Let me tell you, as a board-certified gynecologist, that’s very unusual. Women’s periods are messed up all over the place … I’ve had a huge Facebook group of thousands of women talking about this situation that was removed,” Northrup said.

Epoch Times Photo
Dr. Christiane Northrup speaks at Broadway Rally For Freedom in Manhattan, New York, on Oct. 16, 2021. (Enrico Trigoso/The Epoch Times)

“My profession is famous for embracing treatments that later on turn into disasters: For example the drug thalidomide that results in limb effects in hundreds of babies, the Dalkon shield IUD that was touted as the birth control method of choice for women who had never had children—and then made hundred of them sterile from infection. And of course, there is DES (diethylstilbestrol) that was given to thousands of women for nausea of pregnancy—and results in reproductive abnormalities in both male and female offspring—including sterility,” Northrup added on Tuesday.

Pfizer and Moderna did not respond to requests for comment.

Douglas Macgregor: Russia Is ANGRY After US Conducts Exercises Near Border! TENSIONS ESCALATE (Video - 36mn)

  An amazing analysis from Douglas Macgregor which goes far beyond Ukraine. The West elites are losing their grip on power and are therefore...