Thank you for publishing this and for your discussions and clarifications.
I would add the following to this piece- this happened the very same week Fed chairman Powell stated at a press conference, "“financial markets are functioning in an orderly manner and all that sort of thing.”
In the first week of March 2020 the Fed opened up the fire hose full blast pumping an unprecedented $100 billion/day in 1-day Repo loans into the trading houses on Wall Street as the bleeding had turned into full scale hemorrhaging- the patient was dying.
One week later "Covid" arrived.
One week after "Covid" came on the scene and blasted all other stories into oblivion the The New York Federal Reserve said "it will make up to $1 trillion a day available for loans in the Repo market for the remainder of this week."
"$500 billion in overnight Repo loans each morning and an additional $500 billion in overnight Repo loans each afternoon."
With the stated purpose of "keeping markets operating smoothly despite volatility related to the coronavirus pandemic."
As we can see right off the mark the "volatility" was now being blamed on "the pandemic" even though observers who were following these things noted that the markets were operating no differently (in total freefall) than "pre-pandemic."
Here was a bit more formalized wording I used as part of a revision:
"In the first week of March 2020 the Fed opened up the fire hose full blast pumping an unprecedented $100 billion/day in 1-day Repo loans into the trading houses on Wall Street as the bleeding had turned into full scale hemorrhaging- the patient was dying.
One week later Covid arrived.
One week after "Covid" came on the scene, blasting all other news into oblivion, The New York Federal Reserve said "it will make up to $1 trillion a day available for loans in the Repo market for the remainder of this week... $500 billion in overnight Repo loans each morning and an additional $500 billion in overnight Repo loans each afternoon."
The stated purpose of these injections into these markets being, "to keep markets operating smoothly despite volatility related to the coronavirus pandemic."
Right off the mark historical revisionism kicked in as the market "volatility" of the past several months was now being blamed on "the pandemic" even though observers tracking these trends noted that the markets were operating no differently (in total freefall) than "pre-pandemic."
Thx, Allen (“Max”). Admittedly late to seeing any of this - and having already extended my apologies to you for polluting you with my profound ignorance in mid to late 2020 - the “why” and “how” you provide here will prove invaluable to those of us following any of this with anything beyond a steady dose of MSM. Of interest now is how the Covid Crime Story fits in with the events in Ukraine and Taiwan. For now, if nothing else, we can guarantee it does…
There is a vicious trade war going on with China one which further weakens the decaying Empire of the US and its allies.
Sadly many who are involved in sincere dissent against the Covid Con are being pulled into the reactionary tropes of the "yellow peril", or "the CCP is pulling the strings" or "the commies"- more warmed over jingoism that takes us back to the McCarthy Era.
All of this using the flimsiest of pretenses and inane conflations ignoring the decades of history which precedes and gives context to our current situation.
Of course once you point these things out you are misconstrued as endorsing the Chinese government or being a Putin fanboy.
So let me see how many military bases does China and Russia have circling the US? And how many countires have China and Russia attacked over the past 70 years and how many national leaders have their governments overthrown during this time?
Well said. Analysis, any analysis divorcing Covid from these wars, be they military or economic is getting harder for me to trust as viable. While we're getting a fair amount of reports on the tragic situation in Ukraine, we're getting precious little it seems from folks such as yourself who are at least beginning to give these events the context they deserve. Watched a late November clip from John Mearsheimer the other day. Not only does a guy like this NEVER once mention Covid, towards the end of the interview, after providing a fairly cogent (albeit Covidless) analysis on Ukraine, he then justifies U.S. economic interests in Taiwan and the Asian peninsula. Incredible!
Thank you for publishing this and for your discussions and clarifications.
I would add the following to this piece- this happened the very same week Fed chairman Powell stated at a press conference, "“financial markets are functioning in an orderly manner and all that sort of thing.”
In the first week of March 2020 the Fed opened up the fire hose full blast pumping an unprecedented $100 billion/day in 1-day Repo loans into the trading houses on Wall Street as the bleeding had turned into full scale hemorrhaging- the patient was dying.
One week later "Covid" arrived.
One week after "Covid" came on the scene and blasted all other stories into oblivion the The New York Federal Reserve said "it will make up to $1 trillion a day available for loans in the Repo market for the remainder of this week."
"$500 billion in overnight Repo loans each morning and an additional $500 billion in overnight Repo loans each afternoon."
With the stated purpose of "keeping markets operating smoothly despite volatility related to the coronavirus pandemic."
As we can see right off the mark the "volatility" was now being blamed on "the pandemic" even though observers who were following these things noted that the markets were operating no differently (in total freefall) than "pre-pandemic."
Thanks Allen, I'll add this as a footnote to the piece.
Here was a bit more formalized wording I used as part of a revision:
"In the first week of March 2020 the Fed opened up the fire hose full blast pumping an unprecedented $100 billion/day in 1-day Repo loans into the trading houses on Wall Street as the bleeding had turned into full scale hemorrhaging- the patient was dying.
One week later Covid arrived.
One week after "Covid" came on the scene, blasting all other news into oblivion, The New York Federal Reserve said "it will make up to $1 trillion a day available for loans in the Repo market for the remainder of this week... $500 billion in overnight Repo loans each morning and an additional $500 billion in overnight Repo loans each afternoon."
The stated purpose of these injections into these markets being, "to keep markets operating smoothly despite volatility related to the coronavirus pandemic."
Right off the mark historical revisionism kicked in as the market "volatility" of the past several months was now being blamed on "the pandemic" even though observers tracking these trends noted that the markets were operating no differently (in total freefall) than "pre-pandemic."
Great, thanks.
Thx, Allen (“Max”). Admittedly late to seeing any of this - and having already extended my apologies to you for polluting you with my profound ignorance in mid to late 2020 - the “why” and “how” you provide here will prove invaluable to those of us following any of this with anything beyond a steady dose of MSM. Of interest now is how the Covid Crime Story fits in with the events in Ukraine and Taiwan. For now, if nothing else, we can guarantee it does…
There is a vicious trade war going on with China one which further weakens the decaying Empire of the US and its allies.
Sadly many who are involved in sincere dissent against the Covid Con are being pulled into the reactionary tropes of the "yellow peril", or "the CCP is pulling the strings" or "the commies"- more warmed over jingoism that takes us back to the McCarthy Era.
All of this using the flimsiest of pretenses and inane conflations ignoring the decades of history which precedes and gives context to our current situation.
Of course once you point these things out you are misconstrued as endorsing the Chinese government or being a Putin fanboy.
So let me see how many military bases does China and Russia have circling the US? And how many countires have China and Russia attacked over the past 70 years and how many national leaders have their governments overthrown during this time?
Well said. Analysis, any analysis divorcing Covid from these wars, be they military or economic is getting harder for me to trust as viable. While we're getting a fair amount of reports on the tragic situation in Ukraine, we're getting precious little it seems from folks such as yourself who are at least beginning to give these events the context they deserve. Watched a late November clip from John Mearsheimer the other day. Not only does a guy like this NEVER once mention Covid, towards the end of the interview, after providing a fairly cogent (albeit Covidless) analysis on Ukraine, he then justifies U.S. economic interests in Taiwan and the Asian peninsula. Incredible!