The German top court decision on May 5 about the money printing and laundering practices of the ECB sparked fury in Brussels.
Germany is fed up with the ECB practices that mainly facilitates failing EU states as Italy and Spain. The top court ruled that the mass bond buying (quantitative easing with money that does not exist) to stabilize the Eurozone is a violation of the German constitution.
The verdict caused shockwaves in Brussels.
Last weekend, The European Commission threatened Germany 2 times on a row that ‘The final word on EU law is always spoken in Luxembourg’
The EC warns for an institutional crisis on the continent. This all amid the deepest recession in a century.
The historic German court decision might trigger the opening a legal box of Pandora as it challenges and compromise the jurisdiction of EU judges whose rulings are binding across the 27 EU states.
Insiders believe that it is not a matter of if but when other European countries will follow the UK and leave the block.
The end of the EU would be the second annihilation of a totalitarian empire not seen since the end of the Soviet Union.
It seems that many Europeans already forgot what the Spanish dictators did to Catalonia. A democratic vote for independence turned out in jail terms for politicians involved. In addition, don’t forget that since last summer Spain is abandoning tourism from the rest of Europe. Many Britons with a second home in Spain live in fear.
In Italy, Western Europe’s number one corrupt country, entrepreneurs massively go bust. Due to the COVID-19 virus, the government forced business to close while entrepreneurs do not find any understanding at the tax office. No mercy or delay in tax payments at all.
Driving a Tesla is not the real driving experience. Different from e.g. BMW and other premium brands, Tesla cars feel and look cheap. Particularly the interior. I believe this car is definitely not worth the price.
And that’s not all. It is a wide spread misconception that electric (battery powered) cars contribute to a better environment. They don’t.
Few people are aware that, every time the battery is on the charger, only 50% of the charging energy arrives in the battery. The rest disappears as heath in thin air. A very inefficient process. Spoiling so much energy.
The mainstream media are silent about the environmental burden of the Lithium Ion batteries. It is enormously.
Tesla and other EV manufactures must feel uneasy as an increasing number of parking lots refuse Tesla drivers access since there is an increased risk of fire. It is almost impossible to extinguish a burning Tesla instantly. A Tesla on fire can burn for days.
If you wanna drive electric, for the sake of a longer range, not coping with the hassle of time consuming recharging and environmental sustainability, be smart and buy a Hydrogen powered car. The battery car era will soon end.
It is a misconception that driving a Tesla is for the rich. Certainly not.
Until January 2020, sales were soaring. Thanks to worldwide tax incentives only. Especially business drivers decided to make the switch into these electric vehicles.
However, since COVID-19 spread through the planet, the EV fairytale suddenly ends. At least for the foreseeable future.
Politicians predict that, even after Corona, the world will never be the same. There will be no return to normal. This is the most negative and scary statement I have ever heard and I don’t believe it.
However, going back to normal or not; the Corona havoc can cause the abrupt end of the State sponsored Tesla success story.
Since COVID-19 strikes, taxpayer’s money vaporized. Governments are running out of cash.
It is unlikely that failed states and cities will continue subsidizing the EV industry. In many places, driving is now prohibited or restricted. Who wants to buy new wheels?
The COVID-19 emergency stop brings Elon Musk with both feet on the ground.
As last week Tesla stocks tumbled, Elon Musk went mad. On Twitter, the desperate CEO announced that his company’s stock price is too high and had in mind to sell of his physical possessions.
Earlier, the U.S. Security and Exchange Commission sued Elon Musk after manipulating the stock market with a tweet that he had funding secured to take Tesla stocks private at 420 dollar per share.
According to U.S. media, in the world of Cannabis smokers, the date 4-20 or in European format the 20th of April is a national holiday.
As we all look forward getting back to normal, it is highly unlikely that the Tesla boss ever get back to normal.
Have you ever wondered why some people die almost instantly and many others get no or mild symptoms after attracting the COVID-19 virus? It is all about genetics.
It is our very individual genetic makeup that determines how we handle viruses. Of course, it is not genetics only.
In addition, factors like age and underlying health conditions play their part.
However, primarily it is nothing else than genetics that decides the way your body’s defense system works.
Nowadays, we successfully can correct genetic anomalies with the CRISPR CAS method, but politicians prevent us from doing so.
We are able to modify the human DNA responsible for the body defense system. Scientists can give humans protection against viruses but the consequences are severe.
Modifying DNA can protect us from a wide variety of viruses. We can do it today.
Last year, Chinese scientist He Jiankui was send to prison and got a fine of $ 430.000 after editing baby’s genes to make them HIV resistant
There was a worldwide “oh..ah..” as the scientist announced his experiments after the birth of twin babies last November.
The local court in Shenzhen explained the verdict that the scientist had acted “in the pursuit of personal fame and gain” and he had seriously “disrupted medical order. He crossed the bottom line of ethics in scientific research and medical ethics”
However, did he and his fellow colleagues really do so?
Isn’t it great to make humankind less vulnerable for diseases and live a better life?
The stance against a genetic solution could be a conspiracy between corrupt governments and Big Pharma as healthier humans use tremendously less medication.
There is no religious argument against making physically better humans. God asks us to explore and keep the benefits.
COVID-19 is not human made. It is a virus in a normal periodical sequence from nature to cope with matters as overpopulation and survival of the fittest.
The untold truth about COVID-19 is that it is persistent as HIV. In other words, the virus could possibly stay with the patient forever.
There is evidence for that as in South Korea a growing number of COVID-19 patients tested positive again after an earlier recovery.
Last week, it emerged that 163 patients tested positive again weeks after a full recovery. Those patients are now back in isolation.
To find out reasons for relapse, South Korean health authorities are running a range of tests and vetting a wide range of scenarios.
Authorities say that some relapsed patients may have active viruses that make them sick again. As of Friday last week, at least 61 developed symptoms, albeit mild.
Waiting for definitive answers Korean authorities are for now advising recovered patients to stay home for an additional two weeks and go on monitoring for symptoms.
The COVID-19 lock down in many countries is no more than a cover up for failing, based world wide state sponsored health care systems, not capable to cope with demand.
Before we even heard about COVID-19, hospitals in Britain, suffered with under capacity.
It appears that fake media journalists have again a short and selective memory.
The “brave” reporters obviously forgot the heartbreaking images of Jack Williment, a 4 year old boy, last December with suspected pneumonia, sleeping on a British hospital floor. This all due to a lack of beds.
The boy was rushed to Leeds General Infirmary by an ambulance after falling ill.
His mother, claimed that her son was left in a clinical treatment room for more than four hours, lying on a pile of coats on the floor of the room with an oxygen mask on.
The young patient was eventually diagnosed with flu and tonsillitis, lying and almost dying on the hospital floor.
It is no secret that the NHS is in an ongoing crisis as many of the health systems in the rest of Europe are.
We learned that in The Netherlands, patients in major parts of the country, must do without a GP during night and weekend hours.
For years, as well as in many other European countries, there are waiting lists as patients seek treatment because most medical staff is working 3 or 4 days a week only.
A media outlet disclosed that a Dutch specialist shockingly advised elderly people with an underlying health condition and grim outlook to think twice before calling a doctor. This advice came to free ICU capacity for patients with a better perspective.
For the most of us, COVID-19 is no greater risk than any other seasonal flu.
What makes politicians all round the globe scary is the fast spread of the virus. COVID-19 is more contagious than the average flu.
This can cause logistic problems especially in countries with a vulnerable health care system. That’s all.
To seek support for the wide spread lock downs, officials in various countries massively mislead the media with incomplete data. Day in, day out.
Daily mortality rates are worthless since we do not know how many people really are infected. Just a small part of the population is tested.
What we know is that high amount of infected patients is carrying the virus or have anti bodies without symptoms.
That gives solid ground to believe that COVID-19 is not more deadly than a seasonal flu.
As most mainstream media continue scaremongering, there is almost no report about the many patients carrying the virus, showing no symptoms at all or minor symptoms only.
Last week, bombshell data came from Iceland, the only country in the world with large scale testing for the Corona virus. It shows that at least 50% infected did not have any symptoms at all.
I believe COVID-19 already caused mass immunity. This happened during the first massive incubation period from mid-February until the end of March.
Let’s save the world’s economy and stop locking up citizens in their homes and ruining business. It is unacceptable to sacrifice the world economy for protecting malfunctioning health care systems against bad publicity.
This should not prevent us from taking all necessary steps to halt spreading the virus. Let’s take care of the elderly people and those at risk with an underlying health condition.
It is game over and all financial insiders are aware of it.
While humanity is facing an unprecedented medical emergency, we are now heading towards a financial crisis the world never saw before. The 2008 financial crisis is just a shadow of things to come.
Like prisoners with a death sentence, as they know that they are going to die, during the last weeks, financial markets tried desperately to continue celebrating their big party.
As de markets put up the pressure, Central Banks printing machines are working in overdrive mode and pump up liquidity with the purchase of government bonds and cheap money for the banking system. The CB’s exacerbate the situation for savers, pension funds en the daily customer.
Many financial experts believe that this is the Central Banks last swan song. It is the final act that will lead to the annihilation of the worldwide financial system and rob consumers from their money and savings. It is doubtful that the extra cash will save or create jobs.
Before the crisis, interest rates already sunk below the bottom line and financial markets still will not face the truth that now it’s finally over. There is no role for the banks since this is not a liquidity problem but massive failure of demand.
Despite this, Central Banks round the globe don’t stop ruining our financial future as never seen before.
Limitless printing money is stealing from all us. Our money devaluates every minute. How can it be that small groups of bankers do this without an underlying democratic political process?
As money in the bank is disappearing in thin air, one of the last resorts to invest, real estate, is also expect to plunge.
In recent years, real estate prices soar to surreal heights creating massive devastation, as ordinary people have to spend more and more on housing cost.
But not for long anymore. Unemployment figures will rise sharply and many tenants will be unable to pay the rent.
On the main continent of Europe several countries are studying substantial cash transfers to individuals.
In the United States, the Trump administration is considering to issue 1000 dollar checks to all American households.
The United Kingdom is fighting against the chaos with a proposal for the temporary rollout of universal basic income.
Further, the British government is supporting tenants and property owners.
Not paying the rent in time will from now on not lead to an immediate eviction and landlords get relief on paying back on their mortgage.
However, will this be enough?
On the main continent of Europe, several countries are studying substantial cash transfers to individuals.
Despite all the measures, it seems there is no escape from the financial Armageddon we are in. What the CB’s and politicians left behind is a tremendous global debt and destroyed financial future. At the end of the day, all of us literary will pay the price. Rich and poor.
There is no monetary medicine for this unprecedented worldwide medical emergency, or a safe place to hide.
At the same time, the weakness of the healthcare systems emerges. No government is able to deal with a medical crisis like this.
An unfolding tragedy as an unforeseen force is overruling the financial madness and dictatorship of politicians during the last decades. It is nasty, scary and interesting as well.
Is it game over for the Central Banks with their undermining practices printing unlimited amounts of money, laundering it, ruining savers, pensions funds, first-time home buyers and tenants.
At least for now.
As stock market traders vehemently pushing for action, there is little chance of any effective result from CB’s interference now. It is wide spread belief that stimuli are not enough as people locked up in their homes and transport in large areas is coming to a standstill.
Printing endless amounts of money and artificially low interest rates are obviously no solution for the unprecedented economic impact of the Corona virus. The COVID-19 event is one of unseen dimensions.
Bear in mind that the World economy never really recovered from the financial meltdown in 2008.
Thanks to the controversial practices of central banks, the terminal ill global economic system kept up and running like a Zombie. Recently, stock exchanges arrived at an all-time high.
So far, a fake recovery as savers with money in the bank, pension funds, first time buyers and tenants paid the price.
As a result of the low and negative interest policies, house prices particularly in Europe soar and the rent is nowadays for many ordinary people unaffordable. Poor people literary paying the price and suffering for the 1 % rich.
Those who suffer never got any help from politicians. They keep their mouth shut as it comes to homelessness and sky rocketing rent as a result of the undermining practices of central banks.
In England, many tenants can’t pay the rent any longer and are massively kicked out their homes, forced to sleep on the streets.
The rent of a 25 sq. ft. apartment in London is now at least 1500 pound. It’s not different in other European capitals.
This happens as houses are sold to investors and back on the market at a tremendous higher price.
Let’s be honest with an interest rate of near null percent or even negative, for many investors, there is not much alternative as to withdraw (most) money from the bank and invest in real estate.
Real estate is a safe haven with an often-good return on investment. Negative interest rates are inflating real estate prices all over Europe.
The positive effect from the central banks stimulus on the stock exchanges is fast paced wiping out. The recent stock market sell-off is considered as scary since there is no “financial” medicine.
Stocks dropped last week, not seen since the financial crisis in 2008, over fears that the Corona virus might ruin the World economy.
Many experts believe the Corona crisis is worse for the world economy than the financial turmoil in 2008.
What is happening is something of another dimension not easily to cure by low interest rates or other stimulating measures.
Most frightening is that it seems impossible to contain the virus spread.
It is similar to spread of the Black Death in the 14th century as cases emerged at the same time in different parts of the World not connected by modern transport.
This contributes to the theory that the Corona virus probably came from outer space.
COVID-19 is already a nightmare and nobody knows where it ends.