Tag Archives: Project Fear

Fear, Frustration, Stress, Distress

ashes to ashes, iron to rust, rust to dust

suffering, injustice, post-apocalyptic

The world has been suffering from the draconian measures taken by governments and their non-elected officials for some 6 months now ~ all of it in order to deal with a chimera.  The alleged coronavirus, COVID-19 pandemic doesn’t even qualify as a true epidemic because it doesn’t ‘affect many people at the same time’, and yet the powers that be have spread so much in the way of lies, damn lies, false statistics, and Project Fear bullshit propaganda that some among us are really and truly frightened.  Which is sad because this is just an ordinary bug which is killed by soap and water.

Like a good boy, like a model citizen, I self-isolated and went into lockdown when my government told me to on March 23rd this year, and you know what?  I got sick.  The reason I was ill was nothing directly to do with the coronavirus.  I got sick because I was stressed and worried, I wasn’t getting any sunshine, fresh air, and exercise, and my diet had suddenly gone from healthy to crap.  When you have nothing to do all day but watch TV and worry you tend to over-indulge in comfort-eating, junk food, booze, (and if applicable to you cigarettes and drugs).  When you can’t get to the store you also lose all the fresh fruit and vegetables that help to keep you healthy.

Many people also lost their jobs, worried about losing their jobs, or had to think about working from home.  Nobody was allowed to see relatives, friends, or loved ones ~ up to and including people on their deathbeds.

No wonder this country and much of the world was filled with fear, frustration, stress, and distress.  No wonder that so much of the social media was filled with vitriolic, frightened, ill-informed shit.  No wonder America is going to hell in a hand-basket.

And it isn’t going to get any better any time soon.

Along with targeted lockdowns the latest ideas floated here in England are; compulsory flu vaccinations, compulsory coronavirus vaccinations, (when there is one), and the compulsory carrying of ID cards.  What’s more these ID cards would carry details of your health status.

There seem to be two kinds of country in the world today; those descending into totalitarianism, and those descending into anarchy.  And the only people to blame are governments and unelected officials whose sworn duty is to keep us safe.

Some say that COVID-19 is the biggest threat to world health since the Spanish flu epidemic of 1918.  And that we should all wear face masks all the time.  All I know is that if you give into irrational fear you may as well curl up and die.

~

jack collier

jackcollier7@talktalk.net

inner cities are suffering more than most

Money ~ Politics

Most of the news media has confidently predicted that Hillary Clinton will be the next President of the United States.

Most of the news media confidently predicted that the United Kingdom would vote to remain in the European Union in our referendum of 23rd of June 2016.

flagIn the event England decisively voted to leave the European Union, and a new word entered the language; Brexit.

Leave aside the political rights and wrongs, and instead look at the effect that politics has on the Pound or Dollar in your pocket.

The immediate impact of Brexit has been twofold.

  1. The value of the pound fell dramatically on the foreign exchange markets, (FOREX).  There was no good reason for this other than the Political Establishment creating alarm and despondency in Project Fear, in an effort to persuade voters to opt to remain in the hated European Union.
  2. The price to the consumer of all kinds of goods and services has been increased by mostly unscrupulous suppliers and retailers off the back of Brexit and the fall in the value of the pound.  Some of these price increases are fairly justifiable, for example the UK price of petrol, (gasoline), has soared.  But then oil is priced and traded in US Dollars.  Some price increases blamed on Brexit are just fatuous, for example Walkers Crisps, (chips), have increased their prices by 10% and blamed it on Brexit.  Walkers crisps are made in Britain from British potatoes.

There is one lesson to be learned from this.  Markets, manufacturers, retailers, service companies, and politicians will use any change in the world order to justify price rises / tax increases /  rapid falls in the financial markets.  What they are saying to the man in the street is; ‘don’t blame us, it’s all your own fault for voting for the wrong result’.

What you didn’t know is that the major players in any market; banks, brokers, governments, insurance companies, speculators and the like, can all make money in a falling market, (aka a bear market).  Principally they do this by ‘selling short‘, that is they sell stocks, commodities, foreign exchange that they don’t actually own for delivery at a future date.  Then, when the market concerned falls, they buy the stocks, shares, commodities, foreign exchange they need to complete the contract ~ but here’s the thing, they buy at a lower price because the market has fallen.

Now, you or I can potentially make money in a falling market by selling short through our broker, but this is a very bad idea, because what you are doing is creating a risk where none exists, and that’s just gambling.  Entering into this kind of deal is a very fast way to go broke.

However, it benefits the major players in any market to create uncertainty, because where there is uncertainty and chaos there is profit for them.  And, where does this profit come from?  Actually it comes from you and I, the average man in the street.  Because of political uncertainties the cost of just about everything I buy, including my overseas road trips, has gone up.  The value of almost everything I own has fallen, including stocks, bonds, and hard cash.

Should Donald Trump be elected President it is likely that chaos will hit the US financial markets.  You can even take a bet on what will happen to Wall Street after the election.  I can firmly predict that if Clinton loses the value of the US Dollar will fall, as will the Dow Jones Industrial Average.  And why is that?  Because it suits the speculators to make it so.

As it happens, nobody yet knows what will happen to the UK economy now that we are committed to leaving the European Union.  Nobody yet knows what kind of President Mr Trump will make, nor what kind of handle on the US Economy Mrs Clinton has either.  Most of the short-term economic impact of politics is down to speculation and not fact.

Personally, I disagree with just about everyone in that I believe Trump will make a better president than Clinton, (as far as the US Economy is concerned), and that Brexit is better for the UK Economy than staying in the European Union and Single Market could ever have been.

But then, I’ve never been one to have fashionable views.

~

Wall Streetthese opinions are mine, and mine alone

Jack Collier

jackcollier7@talktalk.net

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