In April 2012, economist Robert Wenzel was invited to speak at the Federal Reserve Bank of New York. On the occasion, he told the central bankers that “vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out.”Continue reading
Starting the new school year I found out tnat our children are required to wear masks in school – all day! They are allowed to remove them for a few seconds at a time and during mealtime. This at last prompted me to look at the scientific data in several peer reviewed medical journals and determine whether there’s good science justifying such cruelty. The verdict is very clear (see below for links to sources):Continue reading
For weeks now, the media and “health” authorities have relentlessly promoted a fear-inducing narrative about the Covid 19 “pandemic” as if the daily count of new “cases” were a major public health emergency, sensationalized by the media nearly 24/7. The official narrative is sharply at odds with the gathering voices from hundreds of doctors, virologists and epidemiologists.
Incoherence of the official narrative
Supposing that we are up against a “once-in-a-century” pandemic, this would be a great challenge for humanity, wrought with uncertainty. One would expect to encounter a lively debate, discussions, much doubt and controversy. Journalists should seek out as many domain experts as possible so we can all gain the clearest possible understanding of the new health challenge and how to confront it. Effective treatments should be promoted, celebrated, screamed from the rooftops. But the reality is very different. Continue reading
A few years ago Dr. Jordan Peterson gave a lecture in which he made a chilling but noteworthy remark about the correlation between epidemics and tyrannies. I thought I’d transcribe the key parts (the video clip of this lecture is at the bottom of this article):
Jordan Peterson: “There was a paper published in PLOS 1 … about a year ago… They were looking at… political attitudes with … authoritarian beliefs scale, because authoritarianism has been studied quite a bit since World War II. … What they found was mind-boggling – Nobel Prize winning stuff as far as I’m concerned: Continue reading
Three weeks ago I published, “Don’t succumb to virus fear,” – one of my best read articles so far. As a layman, I hesitated to publish more than just 6 paragraphs based on official data and very simple, non-controversial advice on how to bolster your immune system.
In the intervening days, many experts have come out offering essentially the same advice. Today I came across the superb interview with Dr. Shiva Ayyadurai, MIT immunologist with four PhDs whose message is authoritative and completely in agreement with my timid prose from a few weeks ago. Continue reading
In the near future, we are likely to experience severe consequences of three converging disruptions:
- Stock market crash
- Oil price shock
Since the last recession we’ve enjoyed the longest ever period of economic expansion with low interest rates, low inflation and subdued commodity prices. But this all could be coming to an end.
Bursting of the “everything bubble”
Throughout the west, unprecedented government and central bank stimulus programs helped inflate the current “everything bubble.” This is not a new phenomenon; monetary expansion always creates asset bubbles. The one thing we know is that without exception, asset bubbles ultimately burst. The examples are many and some of them made a mark in the collective conscious of entire generations, from the 1630s Tulip Mania to the 1990s dot-com bubble. Continue reading
During the night on Sunday, 26 January, five Katyusha rockets were launched on the heavily fortified U.S. Embassy in Baghdad. Three of them allegedly made a direct hit with at least one striking the embassy dining hall. This event followed the massive demonstrations in Baghdad demanding the U.S. troops to leave Iraq. Indeed, the tensions in the Middle East are unlikely to dissipate any time soon… Hopefully however, they won’t lead to the “horrendous” and “devastating” world war that a bi-partisan panel commissioned by the U.S. Congress predicted might break out within four years. Continue reading
A few years back in an interview with Wall Street Journal’s “Heard on the Street” program , Elliott Management’s Paul Singer said that his greatest worry was the rise of inflation that could appear suddenly. He suggested that this could come about with small changes in perception of inflation risk. Specifically, “The first whiffs of either commodity inflation or wage inflation,” said Singer, “may cause a self-reinforcing set of market events … which may include a sharp fall in bond prices, … fall in stock prices, rapid increase in commodities…”
The foregoing article is an excerpt from the third chapter of my book, “Grand Deception,” which I wrote in response to Bill Browder’s bestseller, “Red Notice” but also as a retort to the relentless demonization campaign against Russia and its leadership in the West. Browder, an investor and hedge fund manager who made his fortune in the 1990s Russia, describes his fascinating experience during that time. However, he almost entirely glosses over the broader context within which events played out. Instead, he offers the same terse explanation he had regurgitated countless times in his various presentations and speeches, and it goes like this: after the collapse of the USSR, the government of Russia decided to go from communism to capitalism. They thought that the best way to do this would be by giving everything away practically for free through various privatization schemes. Very rapidly, they transferred the nation’s economic resources into private hands.
But the unusual aspect of this transfer was that the private hands that received Russia’s wealth were not the same ones that had built it up since there were no restrictions on who could participate in the privatization program. As a result, the crown jewels of the nation’s productive resources ended up in the hands of a small group of oligarchs, most of whom covertly represented the interests of various western financiers. Continue reading