The Covid ‘pandemic’: destroying people’s lives. Engineered economic depression. Global ‘coup d’etat’? (2)
By Prof Michel Chossudovsky
Read the first part of the article
Closure of the Global Economy: economic and social impacts at the level of the entire planet
Compare what is happening to the Global Economy today with the country by country “negotiated” macro-economic measures imposed by creditors under the Structural Adjustment Program (SAP). The March 11, 2020 “Global Adjustment” was not negotiated with national governments. It was imposed by a “private/ public partnership”, supported by media propaganda, and accepted, invariably by co-opted and corrupt politicians.
“Engineered” social inequality and impoverishment. The Globalization of poverty
Compare the March 11, 2020 “Global Adjustment” “guidelines” affecting the entire Planet to Chile September 11, 1973. In a bitter irony, the same Big Money interests behind the 2020 “Global Adjustment” were actively involved in Chile (1973) and Argentina (1976). Remember “Operation Condor” and the “Dirty War” (Guerra Sucia). There is continuity: The same powerful financial interests: The IMF and the World Bank bureaucracies are currently involved in preparing and managing the post-pandemic “New Normal” debt operations (on behalf of the creditors) under the Great Reset. Henry Kissinger was involved in coordinating Chile’s 9/11, 1973 “Reset”. The following year (1974), he was in charge of the drafting of the National Strategic Security Memorandum 200 (NSSM 200) which identified depopulation as “the highest priority in US foreign policy towards the Third World”.
The Thrust of “Depopulation” under the Great Reset?
Today, Henry Kissinger is a firm supporter alongside the Gates Foundation (which is also firmly committed to depopulation) of the Great Reset under the auspices of the World Economic Forum (WEF). No need to negotiate with national governments or carry out “regime change”. The March 11, 2020 project constitutes a “Global Adjustment” which triggers bankruptcies, unemployment and privatization on a much larger scale affecting in one fell swoop the national economies of more than 150 countries. And this whole process is presented to public opinion as a means to combating the “killer virus” which, according to the CDC and the WHO is similar to seasonal influenza. (Viruses A, B).
The hegemonic power structure of Global Capitalism
Big Money including the billionaire foundations are the driving force. It’s a complex alliance of Wall Street and the Banking establishment, Big Oil and Energy, the so-called “Defense Contractors”, Big Pharma, the Biotech Conglomerates, the Corporate Media, the Telecom, Communications and Digital Technology Giants, together with a network of think tanks, lobby groups, research labs, etc. The ownership of intellectual property also plays a central role.
This complex decision-making network involves major creditor and banking institutions: The Federal Reserve, the European Central Bank (ECB), the IMF, the World Bank, the regional development banks, and the Basel based Bank for International Settlements (BIS), which plays a key strategic role.
In turn, the upper echelons of the US State apparatus (and Washington’s Western Allies) are directly or indirectly involved, including the Pentagon, US Intelligence (and its research labs), the Health authorities, Homeland Security and the US State Department (including US embassies in over 150 countries).
Ongoing wealth appropriation by the Super Rich
“V the Virus” is said to be responsible for the wave of bankruptcies and unemployment. That’s a lie. There is no causal relationship between the virus and economic variables. It’s the powerful financiers and billionaires, who are behind this (decision-making) project which has contributed to the destabilization (Worldwide) of the real economy.
In the course of the last nine months, they have cashed in on billions of dollars. Between April and July the total wealth held by billionaires around the world has grown from $8 trillion to more than $10 trillion. The Forbes report does not explain the real cause of this massive redistribution of wealth: “collective billionaire wealth has grown at its fastest rate over any period over the past decade.”
In fact it is the largest redistribution of global wealth in World history. It is predicated on a systematic process of Worldwide impoverishment. It is an act of economic warfare.
The billionaires were not only the recipients of generous “government stimulus packages” (i.e. Handouts), the bulk of their financial gains from the outset of the Covid fear campaign in early February was the result of insider trading, foreknowledge, derivative trade and manipulation of both financial and commodity markets. Warren Buffett rightfully identifies these speculative instruments as “Financial Weapons of Mass Destruction”.
The combined wealth of U.S. billionaires increased by $850 billion from March 18th, 2020 to October 8, 2020, an increase of over 28 percent. This estimate does not account for the increase in wealth during the period preceding March 18, which was marked by a series of stock market crashes. (See Michel Chossudovsky, Economic Chaos and Societal Destruction, November 7, 2020)
On March 18, 2020, U.S. billionaires had combined wealth of $2.947 trillion. By October 8th, their wealth had surged to $3.8 trillion. This upper billionaire class manipulates financial markets starting in February and then ordered the closing down of the global economy on March 11, the stated objective of which was to “combat Covid-19”, i.e. similar to seasonal influenza.
The “Real Economy” and “Big Money”
Why are these Covid lockdown policies spearheading bankruptcy, poverty and unemployment? Global capitalism is not monolithic. There is indeed “A Class Conflict” between the super-rich and the vast majority of the World population. But there is also intense rivalry within the capitalist system. Namely a conflict between “Big Money Capital” and what might be described as “Real Capitalism” which consists of corporations in different areas of productive activity at the national and regional levels. It also includes small and medium sized enterprises.
What is ongoing is a process of concentration of wealth (and control of advanced technologies) unprecedented in World history, whereby the financial establishment, (i.e. the multibillion dollar creditors) are slated to appropriate the real assets of both bankrupt companies as well as State assets.
The “Real Economy” constitutes “the economic landscape” of real economic activity: productive assets, agriculture, industry, services, economic and social infrastructure, investment, employment, etc. The real economy at the global and national levels is being targeted by the lockdown and closure of economic activity. The Global Money financial institutions are the “creditors” of the real economy.
“The Second Wave”. Another Lockdown
Second Wave is a LIE. It is presented to public opinion as a means to combating the virus and saving lives. That is what the governments are telling us. The fear campaign has gone into high gear, applied simultaneously in different regions of the world.
Test, Test, Test. In the UK, the Armed Forces were involved in mass testing operations using the PCR, the objective of which was to push up the numbers of so-called positive cases. If you live alone in the UK, you can set up a “Support Bubble”.
Needless to say: at the outset of this Second Wave, the global economy is already in a state of chaos. While the reports fail to reveal the depth and seriousness of this global crisis, the evidence (which is still tentative and incomplete) speaks for itself.
The rationale of the Second Wave is to prevent and postpone the reopening of the national economy, coupled with the enforcement of social distancing, the wearing of the face mask, etc.
The target are the service economy, the airlines, the tourist industry, etc. Maintaining strict restrictions on air travel is tantamount to spearheading major airlines into bankruptcy. The bankruptcy program is engineered and imposed. Solely in the US tourism and travel industry, 9.2 million jobs could be lost and “between 10.8 million and 13.8 million jobs … are at serious risk”.
And the Second Wave is intent upon enabling the billionaires to pick up the pieces, acquiring ownership of entire sectors of economic activity at rockbottom prices. The money they appropriated in the course of the financial crisis (through outright manipulation) will be used to buy out bankrupt corporations as well as bankrupt governments.
Global Governance: towards a totalitarian state
The individuals and organizations involved in the October 18, 2019 simulation – Event 201 – are now involved in the actual management of the crisis once it went live on January 30th, 2020 under the WHO’s Public Health Emergency of International Concern (PHEIC), which in turn set the stage for the February financial crisis.
The lockdown and closure of national economies triggers a second spree of mass unemployment coupled with the engineered bankruptcy (applied Worldwide) of small and medium sized enterprises. All of which is spearheaded by the installation of a global totalitarian State which is intent upon breaking all forms of protest and resistance.
Image: Hong Kong Airport. Empty.
The Covid vaccination program (including the embedded digital passport) is an integral part of a global totalitarian regime. Peter Koenig, March 12, 2020: “What is the infamous ID2020? It is an alliance of public-private partners, including UN agencies and civil society. It’s an electronic ID program that uses generalized vaccination as a platform for digital identity. The program harnesses existing birth registration and vaccination operations to provide newborns with a portable and persistent biometrically-linked digital identity red zones, face masks, social distancing, lockdown.”
“The Great Reset”
The same powerful creditors which triggered the Covid Global Debt Crisis are now establishing a “New Normal” which essentially consists in imposing what the World Economic Forum describes as the “Great Reset”:
“Uusing COVID-19 lockdowns and restrictions to push through this transformation, the Great Reset is being rolled out under the guise of a ‘Fourth Industrial Revolution’ in which older enterprises are to be driven to bankruptcy or absorbed into monopolies, effectively shutting down huge sections of the pre-COVID economy. Economies are being ‘restructured’ and many jobs will be carried out by AI-driven machines.
The jobless (and there will be many) would be placed on some kind of universal basic income and have their debts (indebtedness and bankruptcy on a massive scale is the deliberate result of lockdowns and restrictions) written off in return for handing their assets to the state or more precisely to the financial institutions helping to drive this Great Reset. The WEF says the public will ‘rent’ everything they require: stripping the right of ownership under the guise of ‘sustainable consumption’ and ‘saving the planet’. Of course, the tiny elite who rolled out this great reset will own everything.” (Colin Todhunter, Dystopian Great Reset, November 9, 2020).
By 2030, the global creditors will have appropriated the World’s wealth under the “Global Adjustment” scenario, while impoverishing large sectors of the World Population. In 2030 “You’ll own nothing, And you’ll be happy.”
The United Nations: an instrument of Global Governance on behalf of an unelected private/public partnership
The UN system is also complicit. It has endorsed “global governance” and The Great Reset. While UN Secretary General Antonio Guterres rightfully acknowledges that the pandemic is “more than a health crisis”, no meaningful analysis or debate under UN auspices as to the real causes of this crisis has been undertaken.
According to a September 2020 UN Report: “Hundreds of thousands of lives have been lost. The lives of billions of people have been disrupted. In addition to the health impacts, COVID-19 has exposed and exacerbated deep inequalities … It has affected us as individuals, as families, communities and societies. It has had an impact on every generation, including on those not yet born. The crisis has highlighted fragilities within and among nations, as well as in our systems for mounting a coordinated global response to shared threats.” (UN Report)
The decisions which triggered social and economic destruction Worldwide are not mentioned. No debate in the UN Security Council. Consensus among all Five Permanent Members of the UNSC. V the Virus is held responsible.
The WEF “Reimagine and Reset our World” in a private-public partnership has been endorsed by the UN. Flash back to George Kennan and the Truman Doctrine in the late 1940s. Kennan believed that the UN provided a useful way to “connect power with morality,” using morality, as a means to rubber-stamp America’s “humanitarian wars”.
The Covid crisis is the culmination of a historical process. The lockdown and closure of the global economy are “weapons of mass destruction”. What we are dealing with are extensive “crimes against humanity”.
Joe Biden and the “Great Reset”
President Joe Biden is a groomed politician, a trusted proxy, serving the interests of the financial establishment. Let’s not forget that Joe Biden was a firm supporter of the Invasion of Iraq on the grounds that Saddam Hussein “had weapons of mass destruction”. “The American People were deceived into this war”, said Senator Dick Durbin. Do not let yourself be deceived again by Joe Biden.
Evolving acronyms. 9/11, GWOT, WMD and now COVID: Biden was rewarded for having supported the invasion of Iraq.
Fox News describes him as a “socialist” who threatens capitalism: “Joe Biden’s disturbing connection to the socialist ‘Great Reset’ movement”. While this is absolute nonsense, many “progressives” and anti-war activists have endorsed Joe Biden without analyzing the broader consequences of a Biden presidency.
The Great Reset is socially divisive, it’s racist. It is a diabolical project of Global Capitalism. It constitutes a threat to the large majority of Americans workers as well as to small and medium sized enterprises. A Biden-Harris administration actively involved in carrying out the “Great Reset” is a threat to humanity. With regard to Covid, Biden is firmly committed to the “Second Wave”, i.e. maintaining the partial closing down of both the US economy and the global economy as a means to “combating the killer virus”.
Joe Biden will push for the adoption of the WEF’s “Great Reset” both nationally and internationally, with devastating economic and social consequences. The 2021 World Economic Forum (WEF) scheduled for Summer 2021 will focus on the implementation of the “Great Reset”. A Joe Biden administration would actively pursue Big Money’s totalitarian blueprint: The Great Reset.
Unless there is significant protest and organized resistance, nationally and internationally, the Great Reset will be embedded in both domestic and US foreign policy agendas of the Joe Biden-Kamala Harris administration.
It’s what you call Imperialism with a “Human Face”.
In The Globalization of Poverty and the New World Order, Prof. Michel Chossudovsky outlines the contours of a New World Order which feeds on human poverty and the destruction of the environment, generates social apartheid, encourages racism and ethnic strife and undermines the rights of women. The result as his detailed examples from all parts of the world show so convincingly, is a globalization of poverty.
This book is a skillful combination of lucid explanation and cogently argued critique of the fundamental directions in which our world is moving financially and economically. In the new enlarged edition – which includes ten new chapters and a new introduction – the author reviews the causes and consequences of famine in Sub-Saharan Africa, the dramatic meltdown of financial markets, the demise of State social programs and the devastation resulting from corporate downsizing and trade liberalisation.
January 22, 2021