by Karl Denninger, Market Ticker:
A thought for the day.
The stock market is inches away from all-time highs in most indices, and beyond them in the tech sector.
Does any of this make sense if the so-called “pandemic” is as sold to the American public?
Think about it folks; this is what we’re being told:
There’s much more, of course, but this will do.
Then you have The Fed and Trump, the latter of whom screamed for zero interest rates — and after being unable to get them why just like magic a deadly virus promoted by the same guy who ****ed several hundred thousand Americans into the hole with HIV/AIDS and he shows up to do his bidding, and The Fed dutifully “follows suit” as he’s been demanding for three years.
Do you really think the people in the market are not smart enough to figure that out?
See, if this entire thing is real and “as sold”; that is, it could kill three to five percent of everyone in America — old, young, about-to-die-anyway (remember, about 2.7 million Americans die every year form all causes) then it would utterly screw the economy and market on a durable basis.
Instead it’s within a breath of all-time highs.
You’d think, if you listened to the screaming Karens and equally screaming tyrants at the state and local levels that a literal apocalypse is upon us of Biblical proportions, not a somewhat-nasty respiratory virus that kills some people who had one foot in the hole already. Cries of permanent lung and cardiovascular damage in virtually everyone who gets the virus, as some fear-mongers are claiming, is literally the end of the modern economy — no bull**** folks, the real deal. Leverage (debt) being what it is such an event would be the literal end of the US Government and an outright dirty Civil War within months.
Yes, the 2024 fiscal cliff within Medicare I’ve written on since 2007 in these pages and spoken of since the 1990s is still there — and has been accelerated by all this outrageously reckless spending. That will be damned ugly and there’s no avoiding it. But that’s a different animal altogether than what the fear-mongers are selling you and the #MaskHoles are lapping up and REEEEEEEEEEEEing over on a literal daily basis all over CNBC, CNN and elsewhere.
Is it entirely possible that the market has it 100% wrong and it really is that bad? Well, yes. It wouldn’t be the first time.
But if it does have it wrong, and this virus is really that bad and racist besides since Singapore isn’t seeing those results then I hope you have guns and ammunition in size already because both are damned hard to find right now and due to the leverage that already existed prior to this event, never mind what’s being added today, you’re very likely to die all right.
It’s just that you’re going to die of acute lead poisoning, mass-arson in your sleep, gross brutality or even cannibalism — not Covid.
That’s the bet you’re taking if you believe in the Covid garbage being run. You’re literally begging to be killed in a social and economic train wreck worse than the WWII concentration camps by demanding “social distancing”, masks and lockdowns. YOU set up and in fact cheered on this calamity by spending the last 30 years intentionally goosing the economy and markets through unsustainable leverage irrespective of political party and have done nothing about it. While that unwind is inevitable and going to hurt if you compound it with a virus that is truly as deadly and nasty as the Faucis, Birxes, Governors and Mayors all claim then what you’re really advocating for and setting up is an all-on socio-economic collapse on a national if not world-wide basis and resulting global dirty Civil War. This you advocate for in a world where multiple nations have nuclear weapons and some of those nations (including ours) will be destabilized to the point of political destruction.
You may as well suck-start a shotgun if you’re in that camp. It’ll be faster and hurt less.
The alternative is that you recognize you’re being sold bull**** by the bushel, the market is right, and you tell all those mayors, governors and the Federal Government to shove their #MaskHole bull**** up their ass where it might actually do some good — and if they refuse, well, then you start writing a document that begins with “When in the course of human events” and enforce it.
After all when you look at the Singapore death rate from Covid19 — 0.06% — and compare it with ours at 3.92% you can only come to one of two possible conclusions: We’re intentionally killing people at a rate and to a degree that every single American should rise up immediately and put an end to the perpetrators reign of terror by force or we’re lying on a scale so ridiculous that it rivals the sort of propaganda leaflets dropped during a war.