Sadly, most people have a very short memory and come July this corona scare will be completely forgotten... but the ramifications from the financial aspect will still be lurking.
To the left here is a copy of the paper that came out after Orson Wells magnificent "War of the Worlds" broadcast in 1938. Prior to the broadcast there was a notification to the listener that it was a reproduction of HG Wells "War of the Worlds" story, although not many listeners had tuned into that particular precursor in order to hear that particular portion of it... only the chilling after-effects of what the 'play' wrought upon the frightened people who were held rapt by the drama. Please remember that in 1938 people were living, daily existing, in a time of paranoia... The Japanese were walking into China to take it over, Hitler had already become Chancellor of Germany and mass killings were beginning... war was imminent and every American went to bed each night wondering when 'it' was going to begin. So the evening this play aired the already panicky listeners believed it, not exactly what Orson wanted, but he was such a genius at his craft that he hoped the country's paranoia would work in his favor. It worked... it worked so well that he had to apologize for it... a radio play...
Well, now we're faced with the exact same thing... people believing the hype to a degree that they're buying goods like hoarders, staying out of work... and as the state of MN is showing, things are closing, shutting down, and on and on. Again, sadly, people, the panicked, can't seem to connect the dots, which would reveal the ugliest picture they would ever see... that the banks/lenders and so on, are about to do it to them again.
I watched the news earlier today for the first time in a long time and noticed the stock market crawls, seeing that all five big banking institutions were down and the only currency that was on the rise was the yen. Really? No one can piece that together? Okay, not the topic right now, but okay...
All five banks are going into the dumper...
Then another economist claimed that when another recession comes it will be the fault of the consumer, because with all the panic and businesses closing and people not having income and then not spending... yeah, banks failing is going to be the consumers fault...
Right.
And then it finally hit me... this is precisely how banks/Fanny Mae/Freddy Mack/Standard and Poors... (the list is endless and tedious)... is going to get away with an even more devastating 2008... by blaming it on the consumer. But how, you ask, are they going to get away with it? Well, by doing exactly what they're doing... setting in motion something as simple as a virus that they're whipping into way more than it is, something like the flu that has lasted for four months. Something that has so many people in a panic they're not paying attention to things any longer.
So, under the clever guise of 'the flu' and shutting everything down and making people lose income/spending power... the banks/Fanny Mae/Freddy Mack/Standard and Poors... (the list is endless and tedious)... will have corrupted the systems once more, losing trillions of YOUR dollars...
And then blaming it all on you.
Read that again and realize precisely what's about to happen...
And on a truly fucked up note... at least Washington's grand to every adult will cauterize that gaping/profusely bleeding wound...
Won't it?
Wait... you mean it won't...
What's wrong with you?
I'll tell you... you're one of the intelligent people who knows, from the get go, what BULLSHIT this all has been and how many lives will be ruined by it.
Wake up, America... for God's sake... wake up.
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