Opinion: MSM exposed themselves as mouthpieces of the establishment over COVID-19

Thank you to Truth Reporter for submitting this article to UNN. 

The emperor has no clothes.

If ever there was an event when the mainstream media exposed themselves as not only the complicit, uncritical mouthpieces of the establishment but also as a cabal with the absolute belief that theirs is the only narrative that should be allowed to propagate, it is the current COVID19 crisis.

There are some fundamental questions that no one in the mainstream media will even acknowledge exist, maybe because the answers all point to one central reality – the government has failed. When I make the claim that the government has failed, it is probably true to say that the entire western system of governance has failed. 

If you look at systems that are designed to protect people, be that in hospitals, aircraft, transport or wherever, you’ll see that these systems are designed to fail safe. Fail safe is an approach that means that when a system fails, it fails in a way that means that its failure causes no further harm or that the effects of the failure are mitigated by other systems.

The stark and irrefutable truth is that the world revolves on money, it enables trade, transport and commerce. That monetary system to which all other systems are subordinate was proven to have debased itself during the 2008 global financial crisis.

During the 2008 crash nearly 500 billion dollars were used to purchase ‘toxic’ assets during the TARP programme which was designed to rescue the ailing banking system from collapse. Here the fragility of the fiat monetary system began to be made overt. When these purchases were made the money wasn’t earned by work or productive labour – it was created in an instant by the stroke of a computer key.  This is equal in a real sense to a game of Monopoly where one player and one player only has access to a printer and can simply print their own money to use in the game – they will always win. It doesn’t matter how prudent, skilled or lucky you are at the game of Monopoly, the one who can print infinite money will always be able to win.

No lessons were learned from the 2008 crash, in fact the global financial system seems to have treated it as no more than a warning that their behaviour, although reprehensible just needed to be obfuscated more comprehensively or simply rebranded with semantics to sound more acceptable. Acronyms of various programmes and scheme abounded, no one except the economics analysts really paid much attention to the meaning or the mechanism of their function – which was precisely the objective.

If you’ve been watching the stock markets over the past year or two you’ll see that up until the recent tumult there have been consistent and generous gains in the market valuation of the big name companies.  If you dug deeper there were fundamental questions on whether these gains were actually underpinned by improved productivity or earnings. A fine example of this dynamic is Tesla, which despite having only made profit during one quarter of its entire corporate history suddenly began to explode upwards in market value making it at one point the most valuable motor manufacturer by market capitalisation on earth apart from the VAG group, peaking at $901 per share earlier this year.  

The common name for this phenomenon is a bubble. Bubbles in markets form where market participants become collectively convinced that speculative rises in share prices will continue and amplify.  As more and more come to this belief the price rises faster and higher until at some point the bubble bursts. 

History is littered with the stories of fortunes lost in market bubbles, the South Seas Bubble in the 18th century cost Sir Isaac Newton a large proportion of his wealth. The tulip bulb bubble 1636-1637 lasted only one year but again cost some their entire fortunes.  

The psychology of market bubbles traps even the most logical minds into the false belief that prices can rise forever and that there are always more gains ahead. The Beanie Baby bubble of the late 1990’s not only gave birth to Ebay and PayPal but also bankrupted a lot of people.  If you want to gain a real insider view of a bubble market then I recommend ‘The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute’ by Zac Bissonette – it’s a very well written insight into how people get drawn into these markets and eventually suffer when the bubbles burst.

The COVID19 debacle has unfortunately shown us a terrible truth. The entire western economic system is a bubble. 2008 could have deflated that bubble on a painful but manageable trajectory, yes – people would have lost their jobs and their homes but the reset could have forced the financial system to base their mechanisms more robustly on the fundamental driving forces of the economy instead of the continuous demand for hypothecated wealth based upon what were essentially accounting tricks. Even today my credit rating app tells me that the best way of getting a better credit rating is to get into more debt. Make no mistake – they want us on our hamster wheels running at full pelt. 

Masters of the financial world were not ready to admit defeat in 2008, critically they had massive leverage to force the hands of the legislators to bail them out. Both in the UK and the USA the politicians were told in stark categorical terms that the banks would simply pull the plug on chip and pin and the cash machine network if their demands were not met. Politicians baulked at the potential societal breakdown that would cause and opened the liquidity taps to the banks.

Like a bully who finds their victim unwilling to stand up to them, the financial system was emboldened by this victory and busily continued creating money from thin air to lend to people so they can work in factories, hospitals or wherever to pay it back. 

At this juncture there is little to be gained from agonising if COVID19 originated in a lab or in a market, nor who might have created it if it was manmade. We will also never know if the collapse of the markets was a planned outcome of the virus or the cynical expeditious use of a crisis to unwind a position that could never be deflated by other means.  The reality is that the meltdown is real, ongoing and at this point unstoppable. 

You only have to look at the measures being taken that just weeks ago would sound like the babblings of a lunatic to see that the bubble has burst. Free money being paid into to all US citizens, bailouts of business, suspension of taxes, evictions frozen and a dozen other unthinkable plans have been put before us in the last week. 

There is a saying in the financial industry which says ‘when the tide goes out you see who was swimming naked’ and this crisis has exposed the UK government as having no bathing gear whatsoever. 

 If you chart the number of deaths per capita of the infected versus the number of intensive care beds you’ll see that there is a strong negative correlation implying that the more people you put into intensive care the more survive. Note that the entire UK government strategy for dealing with this crisis is to do everything to PREVENT access to intensive care beds you’ll see how naked the government really is.  All the clinical evidence from China shows that people who are affected badly by COVID19 need artificial ventilation and this is the one intervention that makes the difference between life and death. The statistics are sobering.

It’s not pleasant to have to report but the government does not have your back, they don’t have the ITU beds, they didn’t have the courage to close the borders early when the highly transmissible nature of the virus became obvious. They came up with the absurd ‘herd immunity’ strategy when it was a death sentence for hundreds of thousands. They ‘advise’ shops to close but not order – meaning that business insurance is not triggered.  They stand by whilst cynical spivs buy essential supplies and then resell them at massive profit. They close the school system, cancel exams but then keep the schools open for ‘key workers’ a description so broad that it seems most children will still be eligible to go to school. 

Everywhere, accepted standards are being thrown aside or downgraded into meaninglessness so the accountability of the government is whittled back slice by slice by slice. Yes they are throwing money at the situation but as we have already discussed, money is created from nothing and inevitably when something has as little substance as a hypothecated computer digit it becomes useless.

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