In pre-Covid times, the world economy was on the verge of another colossal meltdown. In 2019, the world economy was plagued by the same sickness that had caused the 2008 credit crunch. It was suffocating under an unsustainable mountain of debt. Many public companies could not generate enough profit to cover interest payments on their own debts and were staying afloat only by taking on new loans. ‘Zombie companies’ (with year-on-year low profitability, falling turnover, squeezed margins, limited cashflow, and highly leveraged balance sheet) were rising everywhere. The repo market meltdown of September 2019 must be placed within this fragile economic context.
How Big Capital uses the Pandemic to bailout and delay capitalist collapse without hyperinflation. And in the process to grab mega profits and permanent citizen control by the elite.
A Self-Fulfilling Prophecy: Systemic Collapse and Pandemic Simulation
By Fabio Vighi at https://thephilosophicalsalon
.. Some may have started wondering why the usually unscrupulous ruling elites decided to freeze the global profit-making machine in the face of a pathogen that targets almost exclusively the unproductive (over 80’s). Why all the humanitarian zeal? Cui bono?
Why all the humanitarian zeal? Only those who are unfamiliar with the wondrous adventures of GloboCap can delude themselves into thinking that the system chose to shut down out of compassion. Let us be clear from the start: the big predators of oil, arms, and vaccines…
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The Most Revolutionary Act 
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Socrates insisted on clear definitions of terms. This seems most important lately, since this worldwide pandemonium crosses all borders, languages, and cultures.
All humanity seems obsessed with this pseudo-crisis, yet no one seems willing or able to clarify what is happening, why, or who benefits from keeping everyone astir.
The animal world is much saner.
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Good points, Katherine. I bet it explains all the weird conspiracies I’m hearing – people are trying to explain it.
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