OUR ECONOMY IS STARTING TO BREAK DOWN ON A VERY BASIC LEVEL – Nwo Report

https://nworeport.me/2021/10/11/our-economy-is-starting-to-break-down-on-a-very-basic-level/

Source: Michael Snyder

Do you remember how much optimism there was last January? Many Americans were entirely convinced that really bright days were just around the corner, but instead, things have taken a dramatic turn into the dumpster over the last 9 months.

The Afghanistan debacle was the worst foreign policy embarrassment in modern American history, the Biden administration is trying to deal with an unprecedented crisis on our southern border, and the way that our politicians are handling the pandemic is causing extremely deep divisions throughout our society. In addition, our economy is starting to break down on a very basic level. On a widespread basis, goods are not getting to the places they need to be when they need to be there, and services are often not available when people need them. As time has passed, the “malfunctioning” of our economy has spread, and now the coming mandates threaten to make things a whole lot worse.

Just look at the chaos that was caused in Florida on Sunday

Southwest has canceled 1,018 Sunday flights as of 2 p.m. ET, according to flight tracker FlightAware. That’s 28% of the the airline’s scheduled flights and the highest of any U.S. airline by a wide margin.

American Airlines has canceled 63 flights, or 2% of its operation, while Spirit Airlines canceled 32 flights, or 4% of its flights, according to FlightAware.

Overall, more than 1,800 flights were canceled during the weekend, and Southwest is publicly blaming the problems on “weather challenges”

“We experienced weather challenges in our Florida airports at the beginning of the weekend, challenges that were compounded by unexpected air traffic control issues in the same region, triggering delays and prompting significant cancellations for us beginning Friday evening,” the spokesperson told FOX Business.

“We’ve continued diligent work throughout the weekend to reset our operation with a focus on getting aircraft and crews repositioned to take care of our customers,” the spokesperson added. “With fewer frequencies between cities in our current schedule, recovering during operational challenges is more difficult and prolonged. We’re working diligently to accommodate our customers as quickly as possible, and we are grateful for their patience.”

Of course, that is complete and utter nonsense.

A large number of Southwest pilots in Florida engaged in a “sickout” over the weekend to protest Southwest’s vaccine mandate, and apparently, at least some air traffic controllers joined them…

On the record, they’re denying any sort of protest — but there are reports, citing airline sources, that a massive “sickout” went down, and that ripple effects are still being felt.

Regardless of what the truth here is … it’s screwing a lot of people, and causing a lot of problems. And, IF there is merit to the sickout speculation — it could also be a bad sign of what’s to come in other industries that might try to enforce vaccines on employees.

As I write this article, there are rumblings that pilots at American Airlines are organizing similar efforts.

Good for them.

In fact, we need bold people in every industry in America to start doing this sort of thing.

Perhaps if enough people start standing up, those that are trying to impose these mandates will start backing down.

Right now, we are already facing the most epic labor shortage in U.S. history, and economic activity is badly gummed up as a result. If millions more qualified people are thrown out of work in the months ahead due to these absurd mandates, that is going to cause unprecedented chaos all across America. A weekend of canceled flights might be bad, but it is nothing compared to the complete and utter nightmare our society will be facing if all of these mandates go through.

Even the military will be deeply affected. On Sunday, it was being reported that “hundreds of thousands” of our service members have chosen to resist the mandates…

Hundreds of thousands of U.S. service members remain unvaccinated or only partially vaccinated against the coronavirus as the Pentagon’s first compliance deadlines near, with lopsided rates across the individual services and a spike in deaths among military reservists illustrating how political division over the shots has seeped into a nonpartisan force with unambiguous orders.

So what would it do to the state of our military if hundreds of thousands of service members are kicked out in the months ahead?

That is a question that we need to be asking because it appears that this is actually what is going to happen.

On top of everything else, now we are facing a severe global energy crisis

Energy is so hard to come by right now that some provinces in China are rationing electricity, Europeans are paying sky-high prices for liquefied natural gas, power plants in India are on the verge of running out of coal, and the average price of a gallon of regular gasoline in the United States stood at $3.25 on Friday — up from $1.72 in April.

Most Americans may not realize it yet, but this is a really big deal.

There are more than 1.3 billion people living in India, and coal is in such short supply there that officials are warning that there could soon be widespread blackouts

Just like Chinese authorities ordering energy firms to conserve supplies at all costs, numerous power plants across India could be forced to adopt rolling blackouts as coal supplies run low. A minister in Indian capital New Delhi warned Sunday that blackouts could rock the massive city over the next two days. But the nation’s capital city isn’t alone in suffering energy shortages: it joins two Indian states – Tamil Nadu and Odisha – which have issued warnings about the growing possibility of blackouts due to dwindling coal supplies.

Other nations are facing similar issues. In fact, Lebanon just emerged from a blackout that lasted about 24 hours

LEBANON has finally got the lights back on some 24 hours after the country was plunged into total darkness by fuel shortages.

The Mediterranean country is battling one of the planet’s worst economic crunches since the 1850s in the wake of last year’s devastating blast that levelled a huge part of the capital Beirut.

If things are this bad already, how crazy will things get in the middle of winter when demand for energy is at the highest?

People need to wake up because the times that we are moving into are going to be completely different from what we have grown accustomed to.

It isn’t just the U.S. economy that is crumbling. Literally, the economic infrastructure of the entire globe is falling to pieces, and experts are warning that things will continue to break down in the months ahead.

So many of the things that you have been warned about are starting to transpire right in front of our eyes, and this winter looks like it will be very dark indeed.

SpaceX satellite signals used like GPS to pinpoint location on Earth

https://news.osu.edu/spacex-satellite-signals-used-like-gps-to-pinpoint-location-on-earth

The Starlink satellites, sent into orbit by Elon Musk’s SpaceX, are designed to provide broadband internet connections in remote locations around the world. The researchers used signals from six Starlink satellites to pinpoint a location on Earth within 8 meters of accuracy.

Israel destroyed 172,900 homes, expelled 1.3m Palestinians since the Nakba | Aletho News

https://alethonews.com/2021/10/06/israel-destroyed-172900-homes-expelled-1-3m-palestinians-since-the-nakba
MEMO | October 5, 2021

The Israeli occupation has demolished about 172,900 Palestinian homes, displaced 1,324,000 Palestinians and confiscated 19 million dunums (19,000 square kilometres) of the land of historical Palestine “to bring 5 million Zionist immigrant from around the globe to replace the indigenous people.”

Marking the World Habitat Day yesterday, the Land Research Centre in Jerusalem said: “During the Nakba 1948, the Israeli occupation demolished 125,000 Palestinian houses and displaced 800,000 Palestinians, about 47 per cent of the Palestinians.”

The centre stated that the continuous Israeli attacks led to the occupation of about 78 per cent of historical Palestine and demolished about 4,500 houses, rendering 30,000 Palestinians homeless between 1950 and 2021.

During the 1967 war, Israel occupied the rest of the Palestinian lands, including the West Bank, Gaza Strip and Jerusalem, the centre said, stating that 5,500 Palestinian houses were demolished during the war and 200,000 Palestinians were displaced.

“Israeli demolition policies in the West Bank, including East Jerusalem, are still going on,” the organisation said. “Israeli bulldozers demolished 11,900 Palestinian houses, 7,440 of which are in East Jerusalem, between 1967 and 2021. Thus, 73,000 Palestinians lost their homes, 47,220 are in Jerusalem alone.”

“During the same period, Israeli air strikes demolished 21,000 Palestinian houses in the Gaza Strip – the most vicious attacks were during wars in 2008/9, 2012, 2014 and 2021, leaving 189,000 Gazans homeless, most of them slept or are still sleeping at schools or with relatives, and some still live in tents.”

Sustainable development won’t solve environmental crises, say these experts. It’s simpler than that – ABC News

https://www.abc.net.au/news/2021-10-07/the-myth-of-sustainable-development/100504448

… Some researchers believe it’s little more than corporate “greenwashing.”

While others see it as a misplaced ideal that could exacerbate — rather than avert — social and environmental destruction….

The end phase of a company following its bubble phase.

The end phase of a company following its bubble phase

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No. 3xx).

1. Why does a Private Company want to become listed on some Stock Exchange?

When a company goes public (has become listed on some Stock Exchange), it is often hyped up with future and imaginary potentials. They often are:
a. Better tax treatment for share holders,
b. Better management by complying with the rules of Stock Exchanges.
c. Better access to capital from Superannuation Funds (Pension Funds) looking for somewhere to invest.
d. Better access to loans from banks to maximize the return on investment on every of its projects,
e. Better opportunity in taking in projects which would otherwise be too big for an unlisted company,
f. All the above enhance the price of its current shares.

2. What may happen to an Exchange Listed Company during its Bubble Phase?

a. Once listed on a Stock Exchange, the Management of the company grows and gains higher payments. When this is not carefully controlled, as is often the case, managers may demand god-like status and excessive payments which eat up a large proportion of income of the company.

b. The company is often operated with no “lazy(?) capitals” (such as lands, buildings), no “lazy(?) reserve” (such as cash or treasury notes) so that its earning to capital is kept high, justifying the high payments to its manager.

c. The company in its high gearing state is then valued by “market analysts” and it will be highly praised for being “lean”.

d. It share price (in its high gearing state) is compared to those with stable earnings (and in low gearing state) and said by “market analysts” to be undervalued. After the praise, its share price increases and become highly overvalued.

e. The (overvalued) company with high market capitalization is then offered loans, which are small compared to its (over-valued) capitalization but too big for its earning, and offered big projects its management has no previous experience with.

f. The highly paid management knows the appropriate time to and often does parachute out with golden handshakes when the company is still going strong.

3. The end phase of an over-valued company.

a. The replacement management team is then faced with a company on its last phase of solvency: High interest repayments and difficulty in issuing new shares at now suspected(?) overvalued prices.

b. High interest rates, high management payments are setting up an insolvency trap for the company.

c. Often personnels of the management team can sense the incoming disaster and many of them follow their colleagues and quickly resign from their jobs.

d. Any unexpected problem in operation or in trading condition can trigger insolvency of the company.

e. As the company is lean, with no lazy reserve, no lazy capital, it can only end up in bankrupcy.

e. Investors and creditors often lose ALL of their investment in the company.

4. Should investors avoid over-valued companies?

Yes, avoid them as they often fail spectacularly or at best slowly deflate to sustainable levels.

It is interesting to watch the development of events surrounding the Chinese developper giant Evergrande.

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COVID-19: New Mu variant could be more vaccine-resistant | | UN News

https://news.un.org/en/story/2021/09/1098942

1 September 2021
A new coronavirus “variant of interest” named Mu – also known by its scientific name as B.1.621 – is being closely monitored by the World
Health Organization (WHO), the agency has said.
In its weekly epidemiological update, published on Tuesday, WHO warned it was becoming increasingly prevalent in Colombia and Ecuador, and showed signs of possible resistance to vaccines.

Mu was first identified in Colombia in January 2021, and since then, there have been “sporadic reports” of cases and outbreaks in South
America and Europe, WHO said.

While the global prevalence of Mu among sequenced COVID-19 cases is below 0.1%, its prevalence has “consistently increased” in
Colombia and Ecuador, where it is now responsible for around 39% and 13%
of infections, respectively.

Reports on the variant’s prevalence should be “interpreted with due
consideration” given the low sequencing capacity of most countries, the
agency said.

More resistant to vaccines

Mu is the fifth variant of interest to be monitored by the WHO since March. It has a number of mutations that suggest it could be more
resistant to vaccines, the health agency warned, but stressed that further research would be needed to confirm this.

Preliminary data show a reduced effectiveness of vaccines “similar to that seen for the Beta variant”. The WHO said it would be monitoring “the epidemiology of the Mu variant in South America, particularly with
the co-circulation of the Delta variant…for changes”

More infections

As of 29 August, over 4,500 sequences (3,794 B.1.621 sequences and
856 B.1.621.1 sequences), genome sequences, analysed samples of the virus taken from patients, have been designated as Mu in the past four weeks. The sequences are used to track how it moves through the
population, on an open-source genome repository, known as GISAID.

Most of these have been reported in the U.S (2,065) and Colombia (852), Mexico (357) and Spain (473).

Although this figure will be affected by both sequencing capacity, surveillance and the total number of cases in an area.

The novel coronavirus pandemic has killed at least 124,811 people in Colombia, according to a WHO report on Wednesday.

More than 4,905,258 confirmed cases have been officially diagnosed
across the country since the start of the epidemic. As of August 27, a total of 34,247,170 doses of vaccine had been administered.

Philippines backs Aust nuclear sub pact | The Canberra Times | Canberra, ACT

https://www.canberratimes.com.au/story/7439959/philippines-backs-aust-nuclear-sub-pact/?cs=14264

… Locsin’s remarks, dated September 19, differ to the stance of Indonesia
and Malaysia, which sounded the alarm about the nuclear power submarines
amid a burgeoning superpower rivalry in Southeast Asia.

The inhuman Covid extortion racket run by many Vietnamese hospitals

The inhuman Covid extortion racket run by many Vietnamese hospitals

by tonytran2015.

Despite the Vietnamese Congressional Law and Health Ministerial Order that the costs of Covid disease diagnosis and treatment are born by the government, and treatments should be free, Vietnamese Hospitals are still illegally charging the poor, uninformed Vietnamese patients (who have been sent there for isolation and treatment by the government) with sky high bills under the pretext of provisional payments by patients often in the order of USD 20,000 which is OUTRAGEOUS for a Country with an unequal nominal per capita GDP of USD 3,700 with many poor people earning less than USD 3.20 daily. One of such scandalous extortion case from Binh Tan Hospital in HCM City is well publicized in Vietnamese news sources. Some hospitals requires “voluntary contributions” and have asked the government to allow it. Even cremation costs for deceased patients also get doubled.

Hospitals are now ILLEGALLY retaining uninformed Covid patients and don’t release them with Green Cards (certifying that they had recovered from Covid) until they have paid the ILLEGAL “hospital discharge fees” which runs between USD 5000 to USD 20,000. Patients who cannot pay are retained in the dangerous infectious environment of the hospital and are left to sleep under the tents in the yard or the veranda of the hospital in cold and wet weather. Actually patients are allowed by Vietnamese laws to discharge themselved from hospitals although they are still liable to the bills but the uninformed patients don’t dare to challenge the hospitals.

“Hospital discharge fees” are currently acting as bribes collected by hospitals and letting to sleep under tents in cold wet weather is acting as a kind of torture of the retained patients.

In such ILLEGAL, DANGEROUS, torturous retention of patients by hospitals, the weakened patients may easily get reinfested with Covid or get infested from another disease for which the hospital can legally charge them with new bills.

Vietnamese authority should immediately stamp out this extortion racket.

Cuba Says ‘Mysterious Syndrome’ is Not Scientifically Plausible | Aletho News

Comment by tonytran2015:Sonic weapons are real posted 2018/06/07.

https://alethonews.com/2021/09/14/cuba-says-mysterious-syndrome-is-not-scientifically-plausible/

teleSUR | September 13, 2021

A technical report was released Monday by a multidisciplinary research team created by the Cuban Academy of Sciences (ACC) on the “unidentified health incidents” reported in Havana in which some U.S. employees complained of various symptoms when they were stationed in Havana. Similar symptoms apparently appeared in some Canadian citizens and, later, in U.S. employees in other countries.

The report debunks a narrative it calls “mystery syndrome,” which assumes that the cause of these incidents are attacks with some unidentified energy weapon. Its authors reveal that the narrative is based on the following – unverified – claims:

1) A novel syndrome with shared core symptoms and signs is present in the affected employees;

2) It is possible to detect in these employees brain damage originating during their stay in Havana;

3) A directed energy source exists that could affect people’s brains from great distances after crossing the physical barriers of homes or hotel rooms;

4) A weapon capable of generating such a physical agent is achievable and identified;

5) Evidence of an attack was discovered;

6): The available evidence rules out alternative medical explanations.

The report critically examines the plausibility of these claims and the evidence on which they are based, concluding that the “mystery syndrome” narrative is not scientifically acceptable in any of its components and has only survived because of a biased use of science.

Although the report lacks some information, it provides plausible interpretations that fit the available facts better than the “mystery syndrome” narrative, based on published reports in the United States and Canada and field studies in Havana.

The text details the arguments for these interpretations, which are that:

Possibly some U.S. employees while stationed in Havana felt ill due to a heterogeneous collection of medical conditions, some pre-existing before going to Cuba and others acquired due to simple or well-known causes.

Many diseases prevalent in the general population can explain most of the symptoms. Thus, there is no novel syndrome (something evident in the official U.S. reports). Only a minority of people have detectable brain dysfunction, most due to experiences prior to their stay in Havana and others due to well-known medical conditions.

No known form of energy can selectively cause brain damage (with spatial precision similar to a laser beam) under the conditions described for the alleged Havana incidents.

The laws of physics governing sound, ultrasound, infrasound or radio frequency waves (including microwaves) do not permit this. These forms of energy could not have damaged brains without being felt or heard by others, without disturbing electronic devices in the case of microwaves, or without producing other injuries (such as ruptured eardrums or skin burns).

The report assures that at no time was anything of the sort reported. Although there are weapons that use sound or microwaves they are large in size and there is no possibility that this type of weapon would not go unnoticed (or leave a trace) if it had been deployed in Havana. Neither the Cuban Police, nor the F.B.I., nor the Royal Canadian Mounted Police, have discovered evidence of “attacks” on diplomats in Havana despite intensive investigations.

Finally, psychogenic and toxic explanations for many symptoms in some cases were rejected by adequate research. Specifically, all the conditions for the psychogenic spread of distress were present in this episode, including probably an inadequate initial medical response, early official U.S. government endorsement of an “attack” theory, and sensationalist media coverage, among others.

The experts stand ready to revise its conclusions if new evidence emerges, inviting efforts to refute its interpretations in a climate of open scientific collaboration. However, it firmly rejects as “established truth” a narrative built on flimsy foundations and flawed scientific practice. An example is the idea that there was an “attack,” which is accepted as “established truth without critical thinking.”

Some scientific articles – and most of the news read – accept as an axiom that there were attacks in Havana, so they take it as an idea on which to build theories. However, after four years, no evidence of attacks has surfaced, making it time to rethink the narrative, the report’s authors hold.