Events usually pace ahead of a conscious understanding of what is occurring. Human consciousness requires time to ‘comprehend’ the true extent of the dimension of the problems which have been created in the intervening period in the near past or even further back.
The adventure with the deadly virus emerged again like a bolt of lightning out of the blue on the heads of all people on the planet… There was nothing that could be handheld something visible in general that could be discerned. Suddenly from MSM (here in Greece regarding) the information started to circulate regarding a virus which originated in China. In less that a week the simple information regarding ‘Coronavirus’ and we finally learnt its name) and was transformed by the MSM into an Armageddon. Not only in Greece but the whole world. The ‘news’ from MSM stopped reporting anything else that was occurring in the country. From dusk till dawn, the presstitutes with a sadistic mania kept on repeating the amount of ‘dead’, counting them (mostly from China and Italy) and the first alleged infections in Greece from whom the the first ….dead appeared. People who died due to serious health ailments who were arbitrarily diagnosed as being Covid-19. This has materialised from the various criticisms by family members have made regarding the adhoc diagnoses as well as banning postmortems… A state attitude which is repeated in other countries in an even bigger scale. The time had matured of course for the intervention of the WHO which characterised the virus as a Pandemic and from that moment onwards the fascistic mentality of banning movements from the ‘serious and responsible’ Mitsotakis government, was just a matter of time…Something which occurred finally with the aid of the MSM who in order to aid the government showed images from various areas that people were still travelling and out and endangering public health. The same aid was given by all the parties of the Opposition to Mitsotakis and not only them…
The majority of people are frightened and that is obviously natural. Its not a panic like occurs with earthquakes, whose murderous knock on effects is heard by all when they break out in a specific area. This is an undetermined fear, invisible, with which one doesn’t have an immediate contact, but is contracted by two human senses. By sight and smell. From the tv networks and radio waves where the people are watching and listening almost 24 hours a day every day, the triumphant increase of victims of Coronavirus in both the country one lives in or from the rest of the world. It’s a hidden fear which isn’t spread by a syringe, but bombards ones head and remains in the cells, in the psychosomatic aura of each individual influencing their psychology. At the same time the enforced enclosure in the house makes the situation worse. That is the reason why on the roads at the Supermarkets and other places various disturbances occur amongst those who are calm and those that are panicking, who behind their masks view those without one in a transmission of fear in a weird manner if anyone is close to them. But this is a transmissionable fear (which we spoke about already) which soon will have a sell by date. That will occur when everywhere will be felt the true dimensions of the economic developments which will bring about economic developments which will exist in the whole planet
The Economic Crisis Which We Will Experience
Coronavirus which they are trying to promote as a deadly virus threatens the whole of humanity, is a lie. Its an attempt to cover up the real disaster, which is the bursting of their bubble. For more than two years the most serious economists on a global level warned about the arrival of the of the current crisis. But the ceaseless bulimic demand for profit for a bunch of multinationals,, dominated. Its not a matter of stupidity. It’s the nature of the system. Thus the chain has been pushed to its breaking point, which inevitably will break. What will follow will be the break up of the chain and what will follow will be linked from the breaking point of this chain, which they have already blamed on the… Coronavirus. But in a very short period of time it will be clearly known: The real pandemic is capitalism itself….
Eric Toussaint who was a Doctor of Political Science and President of the Committee of Abolishing the Debt of the Third World in Belgium wrote the following in this big excerpt which we consider useful to quote: of dodgy products
“Whilst dominant mass media constantly maintain that the crisis of the stock exchanges has been provoked by the coronavirus I have emphasized for years now that we have all the conditions for a new financial credit crisis and that the coronavirus is just the spark or the excuse for the crisis in the stock exchanged and not the cause. The financial credit sphere is full years now with massive amounts of dodgy products who only required a spark to provoke an explosion: we weren’t sure for the precise year and cause but we knew it would come. Thus something had to be done to avoid it but nothing was done. Many writers of the radical left wrote about this crisis like Michael Roberts, Robert Brenner Francediil Chenais, Michael Hudson. From 2017, I have written frequently regarding the topic. A serious stock exchange collapse happened in December 2018 in Wall Street when under the pressure of a bunch of large private banks and the administration of Donald Trump, the Federal Reserve Bank of the USA started once more to lower the interest rates something which was supported by the large private companies which dominate in the stock exchange. The rapid increase in the value of stocks started when companies started to buy their own stocks. Utilising the fall in interest rates large private companies increased their debts and the big investment funds increased the purchase of all goods including those of industrial one utilizing debts.
Once again in Wall St from September 2019 there was a large liquidity crisis in a financial credit market which was already stretched by liquidity. A crisis of liquidity whilst having an oversupply of liquidity. It was a serious crisis and the federal reserves required an injection of billions of dollars to avoid a collapse of the markets. They maintained as well in their budget more than 1.3 trillion of toxic dollars of collateralized products which was bought from the banks in 2008 and 2009 as they correctly assumed that if they dumbed in the secondary debt market their values would collapse and would lead to a bigger stock market collapse and a bank collapse. The Fed did not act to defend the general interests of the population but to defend the interests of big business, the richest 1% of society. The ECB and the other big central banks (UK, Japan, Switzerland, China…) have implemented in the past the same policy and bear significant responsibility in accumulating toxic products in the financial credit sector.
I maintain the pandemic isn’t the true and deep rooted cause of the crisis of the stock markets which occurred in the last week of February 2020 and has continued since then. This pandemic was the detonator and a spark. Other serious causes of a different nature also had the result to constitute the spark like the development of a war between Washington and Iran, or the immediate invasion of Venezuela. For the current stock market crisis war would have been the cause. But I would also argue that if such a war did occur it would have been the excuse but not the cause. Therefore if there is an undoubted connection between the two phenomena, the crisis of the financial market and the pandemic of the Coronavirus, that does not mean we shouldn’t condemn the simple and basic explanations which put all responsibility on coronavirus. This almost mystical expalanation is an excuse which aims to divert public opinion (99%) from the role the policies which serve the large businesses on a planetary level and in agreement with governments”
This with regard the so called stock market bubbles, which are created from the moment the real economy in the realms of production, but the exchange of produced goods, is collapsing irretrievably. Despite and apart the unavoidable inter-imperialist (essentially amongst the multinationals) a trade war that has broken out in the last years amongst the US, China amongst the USA and with the, whole of the EU mainly Germany there has been a big stasis in production. Which was of course related to a big drop in demand. Eric Toussaint once again informs us that in 2019 a crisis of overproduction of goods occurred in particular in the auto industry with a mass drop in car sales in China, India, Germany and Great Britain and elsewhere. This led to a reduction in the production of cars. There was also overproduction in the German tools industry and industrial infrastructure being one of the global leaders in this field. There was also a rapid fall in Chinese industrial production which had serious consequences for countries that export infrastructure, cars and raw materials towards China. During the second six month period in 2019 the industrial sector in Germany, Italy and Japan, in South Africa and Argentina and elsewhere and the construction sector in the USA went into depression.
Even if all these components didn’t exist, the massive reduction in the demand of oil internationally, is the most clear (we have written this before) clear witness for the great reduction in production. What relationship do all these events therefore have with the coronavirus?
What Will Occur from Now On?
All the signs indicate that todays situation not only shows but screams that we are at the final disruption of what they term ‘normality’, which in the last decade has become part of our life determined by the IMF Memorandums. Whatever one calls todays development the essence is one. We are at the end of one era and the beginning of another. It’s like reading the introduction of a book isolating it to understand the main topic of the book. Hyperbolic this explanation? We is will soon know.
We know the masses are frightened from the myth of Coronavirus they are asleep and other ‘explanations’ which we have been hearing for years. All those that argue like this done understand or ignore that in periods of severe economic crisis and social crisis none of the above external or even internal sociopolitical characteristics which people acquire can continue indefinitely. The motor of life just goes to zero and starts to measure once more. Marx’s famous aphorism that the ‘masses make their own history making revolutions that they did not want to make’ is what will in last analysis determine the developments that will follow. This immediate turn of the people’s attitude in critical periods of history, always bothered the ruling classes (but also the useless intellectuals) and surprised them. That is why they continue to see the masses with a vantage point of superiority from the high pedestal of brain waves in their head which are primary and their actually confused head secondary…
There must be no doubt. We have entered into a different period now. It’s a new historical stage to which the working masses have to go through and not only them. This new level apart from its tragedy, maintains a new but very significant element. The necessary political economic materials which have been battle hardened via the fire of developments the new views and new ideas which will once more see the light of day. This will apply to all the countries of the earth. This already is the big change with today and before. Each country with its own idiosyncrancies and the balance of class forces which have been created internally will enter the cauldron. A cauldron with which the hope exists that when it ends the historical time will emerge that the planet will radically change as a whole.
Marios
