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    Daily Digest 1/28 – US economic decline not as bad as feared, Criminal COVID Negligence

    by Daily Digest

    Thursday, January 28, 2021, 7:55 PM

Economy

Criminal COVID Negligence

By now, I’m at the point where I wonder why nobody -that I know of- has tried holding governments, scientists, scientific journals, MSM, responsible for their negligence of COVID-related treatment and prophylactic evidence that is everywhere if you’re willing to look for it.

Because this negligence may well be the reason for millions of deaths, hospitalizations, untold misery, and the disruption of entire societies and economies. When will we hold the willfully blind and dumb feet to the fire for causing all this?

The new use for abandoned oil rigs

As offshore oil and gas platforms come to the end of their working lives, the remarkable ecosystems beneath the waves come into their own.

The grey steel girders of Platform Holly rise 235ft (72m) above the waters of the Pacific Ocean, just a couple of miles off the Santa Barbara coast. Above the water, this decommissioned oil rig is dull and lifeless, but the view below the surface is very different. Beneath the waves, colourful fish, crabs, starfish and mussels congregate on the huge steel pylons, which stretch for more than 400ft (120m) to the ocean floor.

Yellen Faces ‘Currency War’ Redux as Strong Dollar Ditched

Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention.

The dollar has tumbled 13.1% from its high last March, thanks in part to historic moves by the Federal Reserve to pump liquidity into the financial system and pull down American borrowing costs. While policy makers abroad at first benefited from U.S. action to stave off a global credit crunch, the appreciation of their currencies more recently threatens to curtail their own recoveries. So from Europe to Thailand to Chile, officials have laid out plans for sustained intervention.

World’s $10 Trillion Food System Eyes a Covid-Era Reboot

“Food systems” is one of those abstractions that for years has been largely confined to academic and policy-making circles, but in the time of Covid-19 it’s renewed a very real debate around hunger and poverty.

What essentially is a $10 trillion complex web of people and processes that ensure food travels from farm to fork is undergoing its greatest scrutiny yet. How to transform it has been a subject of all three food-focused panels at this year’s virtual Davos confab.

US economic decline not as bad as feared

The US economy shrank by 3.5% last year faring better than many other countries despite the heavy economic toll caused by the pandemic.

However growth slowed in the last three months of the year, as a resurgence of virus cases prompted a fresh pullback in activity.

Output increased at an annual rate of 4% in the last three months of 2020.

2020 was the worst year for economic growth since World War II

The U.S. economy shrank by 3.5 percent in 2020 as the coronavirus pandemic ravaged factories, businesses and households, pushing U.S. economic growth to a low not seen since the United States wound down wartime spending in 1946.

Overall, the economy was surprisingly resilient in the second half of the year, given the falloff at the start of the public health crisis, according to data released Thursday from the Bureau of Economic Analysis. Yet, the 1 percent growth in the fourth quarter signaled a faltering recovery and a long road ahead, with 9.8 million jobs still missing and 23.8 million adults struggling to feed their families.

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3 Comments

  • Sat, Jan 30, 2021 - 10:19am

    #1

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2319

    6

    Klaus Schwab: “Nobody is safe until EVERYBODY is vaccinated.”

    Are The Great Resetters REALLY totalitarians? Or are they just Wise Persons who see the big picture and see what has to be done FOR OUR OWN GOOD? I say they’re totalitarians determined to rule the world (“benevolently” of course, not like all those other totalitarians who’ve come before).

    So Klaus makes it clear here that anybody who refuses the experimental biological agent (“vaccine”) is a threat to public safety. What would our rulers be justified in doing to protect the safety of the whole world? Just about anything: from social shaming to government coercion to democide.

    “I try to remain cynical, but it’s so hard to keep up.” — philosopher Lily Tomlin

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  • Sun, Jan 31, 2021 - 12:05pm

    #2

    pinecarr

    Status: Gold Member

    Joined: Apr 13 2008

    Posts: 1237

    1

    UK bill allowing for the recruiting of children to spy on their parents

    I was listening to a video while getting chores done around the house, and this story came on automatically after the video I was listening to ended.  I felt ill!!  Is this what the world is coming to?

    UK Prime Minister Boris Johnson’s move to pass legislation which will allow for the recruiting of children to spy on their parents is “quite Orwellian,” according to Spiked Online editor Brendan O’Neill.

    The Covert Human Intelligence Source is currently before the parliament in the UK and will return to the House of Commons after the House of Lords added an amendment to curtail the use of children in spy activity.

    The Prime Minister has come under fire from his Conservative colleagues with The Telegraph reporting Mr Johnson is facing a major party revolt over the bill.

    Mr O’Neill told Sky News the development is “pretty shocking” and highlights how Boris Johnson has been a “fairly disappointing” prime minister especially on issues of liberty.

    “This is really really dodgy,” he said.

    “Everyone accepts the need for covert human intelligence, we need spies we need to break up terrorist groups. But recruiting children to watch their own families, spy on their families, there’s something quite Orwellian about that.

    “What we have now both the right and the left in different ways support children spying on their own families.”

     

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  • Mon, Feb 01, 2021 - 10:53am

    #3
    DennisC

    DennisC

    Status: Silver Member

    Joined: Mar 19 2011

    Posts: 238

    1

    The Scarlet Letter

    Less than one week after advising Americans that wearing two or even three masks would be ‘more effective’ against the spread of coronavirus, Dr Fauci has done a complete 180 (again) and admitted that there is no data to suggest it will make any difference.

    After Fauci made the comments last week, the media began to push the idea that two masks wasn’t enough, and that people need to wear three, or even four masks.

    However, during an interview at the weekend, Fauci completely contradicted his own comments from the previous week.

    ...

    Later, Fauci fully embraced the masks and stated that they ‘need to stay on’ until everyone is vaccinated.

    As we previously highlighted, it went from wearing a mask to now wearing two masks being the best way virtue signal.

    Why concern yourself with trivial matters such as breathing when the wearing of multiple face coverings is so effective in delivering social media clout?

    source

    [emphasis added]

    Shunning and shaming will be next.  Still have to wear a mask?  You must be one of those unvaccinated (unserumed) folks putting us all at risk.   Trying to fake it by not wearing a mask?  Impfausweis bitte!

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