The Grey Zone | March 15, 2023
The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose.
On Friday March 10th, 2023, Silicon Valley Bank (SVB) died of Covid. Alright, it’s a little more complicated than that, but Covid lockdowns followed by massive government stimulus were a critical – and massively under-acknowledged – factor in propelling the bank’s demise.
At the heart of the crisis is the gigantic pile of low-interest debt that was issued during the height of the pandemic. While private-sector pandemic-era debt like corporate bonds also soared, US government debt like Treasury bonds piled up.
In a nutshell, during the pandemic the government issued enormous amounts of extremely low interest government debt — about $4.2 trillion of it. But now interest rates, including on government debt, are higher than they have been in 15 years and investors are dumping their old low-interest debt. As they dump, the resale price of the old debt goes down. The more it declines, the more investors want to dump. And thus, a panic is born.
Same old, same old, thieving Jew tricks = 1929 revisited.
ALERT: They have now relaunched the Covid Scamdemic. A top sprinter collapsed after his race, clutching his chest, and was then rolled away in wheel chair. Afterwards he claimed he “felt sick” and then “tested positive” for Covid. He went on to say he chose to run anyway. The same night another top runner, Femke Bol, performed terribly in her race. She’s been known to have near superhuman speed and stamina but now staggered and stumbled and near completely faltered nearing the end of the race. I very much expect a statement to be given tomorrow saying she “tested positive.” Probably more athletes to follow and masked crowds before it’s over.
https://edition.cnn.com/2024/08/08/sport/noah-lyles-covid-200m-spt/index.html
The Covid Show seems to be back on, people. Lockdowns and then Great Taking and Great Reset (enabled by staged cyber attacks) will follow and then the CBDC and carbon credit systems as well as QR-code digital IDs. Society will “reopen” into “safe” 15-minute city digital concentration camps. “Coincidently,” the UK is swiftly being turned into a full-blown police state based on the Tommy Robinson anti-immigrant/islam psy-op and the recent false flag or staged deception. Here in Sweden, our cities have been put under quite heavy guard by police and security guards in recent months and this is surely why.