FEMA is a phrase that is well known to the ‘tinfoil’ community. But what is it? FEMA is an American term for Federal Emergency Management Authority, a government agency that manages emergencies and has an extensive array of heavily fenced sites (camps) across the US, most having buildings and large piles of plastic coffin shaped boxes. Presumably these coffins are available should a large number of corpses (from some tragedy) need to be buried or moved in a great hurry. Of course a government apparatus such as this is ample fuel for speculation. Some theories state these sites are made into prison camps in times of unrest, or possibly death camps. The concept of your own state potentially having a covert network of prison camps is chilling. Except that we already do in Australia (it’s called off shore processing of asylum seekers).
It’s worth pointing out Australia gets more than its fair share of Asylum seekers, and many are not legitimate asylum seekers, they avoided poor but safe countries on the way to get here.
But back to the FEMA story, the terrifying part about the FEMA camp mythology is the idea of what the camp represents. A place where you lose your rights and freedoms and the timeline to an end of your deprivation is uncertain. Before you know it unreasonable thugs in uniforms (prison guards) start punishing you for trivial infractions of arbitrary rules there were just invented last month. These rules that aren’t really legal, as they never passed a vote in government just rubber stamped by a bureaucrat.
Oh hold on, while you were fantasizing about a FEMA camp, one was constructed around you and maybe you didn’t notice. Just because Nanna Smith still lives on the corner does not mean all things are well and good. We’re not in Kansas anymore Toto. Nanna Smith is terrified to come outside for fear of catching contagious lethal respiratory disease. Others are afraid to come outside for fear of being fined or harassed for standing too close to someone else or not having a good enough reason to be outside.
You’re soaking in it. A dishwashing liquid is a good measure to destroy viruses on surfaces, just don’t drink it OK.
The Corona Virus, (COVID -19), SARS COV 2, was the perfect pretext to bring in all these draconian measures.
What are you doing outside your cell home, prisoner citizen?
One wonders if the Ruby princess cruise liner was allowed to disembark in Sydney (despite concerns for the ship’s crew) was simply to increase the numbers of infected and dead to justify and continue the restrictions.
To date (7 April 2020) in this crisis, Australia has had about 5895 infected and 41 dead. This is less than a typical ‘flu season, and the types of people dying are largely the same targets, the over 70’s. So rather than shut down the entire country, maybe we should just quarantine the old, step up disinfection protocols wear masks and try to continue as normal. Before you say this is impossible, Taiwan has done this and they are extremely close to China geographically, and it’s working for them. Taiwan has had 373 Infections and 5 deaths.
The other factor about the corona virus is that it is accelerating deaths of people already at deaths door and therefore ‘getting the credit’ rather than the deceased underlying condition. Imagine if someone was dying of cancer and then Corona virus came along and killed that person in their already frail state, is corona virus the true cause of death? Because it would be easy to claim that, and it can greatly inflate the figures, and its rather misleading.
Of course while this corona virus pandemic is unfolding, financial markets have imploded. There has been little talk of the serious economic problems; the lime light has been taken by the corona virus.
Was corona virus the bump in the road which destabilized the financial system?
Was the financial system so unstable anything would have collapsed it?
Either way the corona virus has been the perfect distraction from the attention the financial system and the perfect set of restrictions to stop people gathering and protesting about how many lives are going to be deeply affected by the financial system collapse.
In Australia most superannuation fund are heavily invested in real estate either directly or indirectly.
Real-estate values will be hit severely hard by this twin crisis
Superannuation funds will be gone and governments will be heavily in debt to afford to pay welfare of different form to keep the workforce alive until people can generally return to work.
The cold comfort in this twin crisis will be the fact corona will be targeting boomers, so less will need their retirement money. Possibly as many as one in five boomers will be killed by this virus, imagine what that will do to real estate prices as so many houses suddenly go onto the market.
But if the curve does not flatten the general death rate raise from 3% to 9% for adults under 65, and if you’re over 65 I suggest you get very comfortable in your home alone, especially if the hospitals get overwhelmed.
There are so many other issues yet to be touched on:
Massive spike in unemployment
rent and mortgage payment problems
the weird loop holes in the restrictions:
Supermarket crowds, yes, well spaced non-contact recreation, no.
Normal wedding: only 5 people, Muslim wedding: 30 people.
Should we wear masks or not?
What really is an essential service?
Travel out of you town or city for permanent relocation or to a weekender, OK or not?
Visa issues for immigrants
Australian’s stuck overseas behind closed borders
Centerlink for who and when?
Who deserves a bail out?
Should essential businesses be nationalised (or surrender partial/full shareholding) as part of bail outs.
The border shut downs
The only state border open currently is the NSW/VIC border, let that sink in. The NSW/VIC border is heavily burned from the 2019/2020 summer bushfires so it’s much less populated now anyway.
Daigou (shop raiders/hoarders/ smugglers): What do we do with them? Assets strip? Imprison? Deport? Terminate residency? Terminate citizenship (many have lied about their occupation to gain citizenship)? Terminate? Send them to Mexico?
Factories and prodcution
Is it time to bring our factories back? If so which ones and should we build different ones? Should we look towards fully automated factories with low numbers of highly skilled staff, rather than the 19 century style 3rd world sweatshops only competitive due to low labour costs?
Should we consider the misinformation and blatant lies form China about this virus to be considered an act of war? If China was open an honest about this virus from the start it probably could have been contained in China and possibly just to Wuhan. Should we demand reparation from China for the damage to the economy they have caused? Does it make a difference whether this virus was either:
a) naturally occurring
b) a product of the wet market
c) a bio-weapon accidentally released
d) a bio-weapon deliberately released
considering the cover up China did after it started spreading and the confusion created in other countries in dealing with it? How many people died as a result of China’s lies? Is the CCP (Chinese communist party) guilty of murdering foreign citizens?
This article is much longer than usual but now you have the luxury of time to think about all of this.
There are more than 700 other articles here spanning the last 8 years, so feel free to look around.
What we always feared , what we always warned you about, has now occurred: A second even worse version of 2008, possibly even worse than 1929. Never has being proven right felt so hollow.
We now have a global pandemic of a Corona virus (Covid 19), quarantines, hoarding, profiteering from panic buying, a breakdown of China (the worlds factory). For Australia this is following severe drought, Bush fires, dust storms, golf ball sized hail, and floods.
Last week we saw panic buying of toilet paper to the point of empty shelves, fights in supermarkets over toilet paper. Why the shortage of toilet paper? Because China has stopped making enough toilet paper and is now using ‘Daigu’ to import it from other countries such as Australia, creating local shortages from bulk buying at supermarkets.
That is your entree to the main meal, ‘Lord of the flies’.
I now have to figure out how to incorporate a piece of sheep spine and a few shiny cultic trinkets into a workable boar speak. Gotta keep up with the Jones’s you know!
We didn’t want to be the merchants of doom but we had a suspicion this could happen right about now
the Hindenburg Omen
The Hindenburg omen is a technical indicator that is believed to predict a sharp stock market downturn.
Recently its criteria were fulfilled.
1. The daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day.
2. The smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.
3. That the NYSE 10 Week moving average is rising.
4. That the McClellan Oscillator ( a market breadth indicator used to evaluate the rate of money entering or leaving the market and interpretively indicate overbought or oversold conditions of the market)is negative on that same day.
5. That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs).
When the Hindenburg Omen makes an appearance, it supposedly means that the U.S. stock market is likely to experience a serious decline within the next 40 days.
This could very well be the beginning of the second dip to the recession, so brace yourselves, up until here you’ve had it good.
When the market as a whole is down 2% in a day it’s considered a mild crash, these figures are looking dangerously like that already.