Gut Punch #2

The Covid crisis is unraveling after creating massive harm globally. What's next?

Even though the CDC is feining innocents and the military is trying to wriggle out about the harm done to the soldiers, the monkey pox scenario keeps growing to cause more fear. Most Americans are now skeptical of this push and are starting to understand that they have been taken advantage of with how the man made Covid crisis was handled that created great physical harm including death and economic harm. Here is the pro Big Pharma mouthpiece called Healio ramping up the monkey pox:

US to release 1.8 million more doses of monkeypox vaccine (healio.com)

A major recession/depression is developing because of the political push to convert the US and the world to the “New Green Deal”. Disruption of fertilizer resources and wheat resources because of Nato’s push to weaponize Ukraine has further exacerbated the issues. Biden’s suppression of the US being energy independence has caused gasoline prices to more than double. He believes he can dictate a switch from gas to electic cars overnight! Doesn’t have a clue how the economy works. Hasn’t got a clue that most can not afford the switch and especially now with the Biden inflation initiative! Cost of gasoline has dropped slightly, because the consumer is now planning their trips to conserve fuel and money. Inflation is caused by the cost of energy more than doubling and at the same time the chart above shows that wages are not covering the living costs the average Joe is incurring. Biden keeps declaring we are doing well in the US. Far from the truth and the political rhetoric just keeps being spieled!

Bed Bath and Beyond and Kohl’s have reported dramatic decreases in sales and profit and have dimmed their financial outlook for the future. Result was a shocking loss of stock value for these companies. More is to come.

Discretionary income is disappearing as the average family has trouble covering their rent and/or their motgage payement as well as putting food on the table and paying for the energy cost to maintain their home and car needs.

Dr. Paul Alexander lays it all out in his substack article which includes the above chart. Gut Punch II is going to create civil unrest in our major cities with large low economic groups. Middle income families will struggle to survive and those in the low income category will be in desparate straights. Civil unreset in major US cities will sky rocket! Aldi’s had a food store in the war zone on the south side of Chicago and closed it because the shop lifting was rampant. The Mayor chastised Aldi’s for NOT the supporting the community.

HOUSING Affordability Index (Fixed) shows the plummet to May 2022! & US Real Average Hourly Earnings, Y over Y, it is -3.02% July 2022; Mass Evictions and Foreclosures Loom Crashing Real Wages (substack.com)

World Economic Forum gurus believe we don’t need all the people we have on earth today because of AI, robotics and the digital world becoming the work horse for the world. Fifty years ago, I remember seeing a SciFi movies where the society lived in a commune where everything was beautiful and wonderful and controlled. When the inhabitats reach their 47th birthday, they were invited to be beamed up to heaven and they welcomed the event. I wonder if this will be Gut Punch III. Let me know if you remember the name of the movie. I don’t!

My thoughts for the day.

Thomas A Braun RPh