Fwd: Après uber-loose monetary policies

"Prepare for the deluge". This is ESSENTIAL READING. The effects in Colombia may not be so bad because we already have 1st. mortgage interest rates at a minimum of 10%, but there will no doubt be imported inflation and Colombian exports to the US could also be affected. For NZ though and other countries with currently low interest rates, the outcome will be different. Time will tell.

Cheers again from Medellin......................

Jim and Jean

---------- Forwarded message ---------
From: Bill Bonner <feedback@exct.bonnerandpartners.com>
Date: Thu, 15 Jul 2021 at 11:43
Subject: Après uber-loose monetary policies
To: <tiare.taporo3@gmail.com>

Après Uber-Loose Monetary Policies By Bill Bonner Thursday, July 15, 2021 YOUGHAL, IRELAND – As we saw yesterday, inflation has not gotten on the bus yet. At a 5.4% annual running rate, consumer prices are now rising about as fast as they did in the mid-1970s. Producer prices are rising at an even faster pace – 7.3% year-on-year. Here's Federal Reserve Chairman Jerome Powell, speaking to the House Financial Services Committee yesterday: Right now of course inflation is not moderately above 2%, it is well above 2%. It's nothing like "moderately." What's ahead, reporters wanted to know? Here's Powell again... It will depend on the path of the economy, it really will. It's just a perfect storm of high demand and low supply. And it should pass. Unless we think there's going to be a multi-year shortage of used cars in the United States, we should look at [high inflation] as temporary. Used cars… used tractors (as we saw yesterday)… and used houses are all rising in price. New cars are scarce on dealer lots; used cars are especially in demand, trading for 10.5% more in June than the previous month. Recommended Link Fmr. Dock Worker Turns Millionaire...Warns Americans This video is going viral… A former NY loading dock worker – who rose to the top of Wall Street in just 3 years – blasts Congress and reveals nasty truths about America… Now, in his latest video, he shares a fiery warning for all Americans… His videos have often been blacklisted by major networks… But this one is posted for free – on an independent website – so you can make your own decision. Do you think this message should be banned? Watch Teeka's Video Now -- Catch-22 But Powell did not mention where all that demand comes from… or why it might not go away anytime soon. Say's Law – named after French economist Jean-Baptiste Say – tells us that real demand comes from real people who produce real goods and services. They sell their output for money, which they can then use to buy other peoples' goods and services. This demand does not increase prices, because it only arises as the quantity of goods and services available also rises. Powell must know that his money-printing creates a whole different kind of demand – one that brings forth no corresponding goods or services… and thereby, causes prices to rise. He has created a bubble economy, in other words – inflated by fake money. He knows, too, that the Fed has put itself in the Inflate and Die trap. It has to keep the fake money flowing… or the fake boom will collapse. But if it keeps the money flowing, consumer prices will continue to rise… and Powell may be forced (at least, according to the mainstream narrative) to restrain them. [Featured: Shameful! See What Biden and the Democrats Just Did To YOUR Money] No Escape Which leaves inquiring minds with a giant question mark. This from Mohamed El-Erian, writing in the Financial Times: What is clear to me is that we are moving irresistibly closer to a critical question for the economy and markets, and not just in the US: is there still the possibility of an orderly exit from what has been a remarkably long period of uber-loose monetary policies? You already know the answer to that, don't you, Dear Reader? The elite control the government. The government controls the money. The whole economy – notably the wealth, power, and status of the elite themselves – now depends on more and more money-printing. Ergo, there will be no exit – orderly or otherwise – from the Fed's uber-loose monetary policies. But staying the course will not be orderly, either. Bubbles blow up and burst… in a disorderly way. And then, central bankers… presidents… members of Congress… economists… investors… and columnists panic, causing more disorder and chaos. Recommended Link U.S. Treasury Secretary Mark Zuckerberg? Mayer Rothschild once said, "Give me control of a nation's money supply and I care not who makes its laws." Now, the U.S. government is handing over control of its currency to one of the most powerful companies in the world.  This could be the biggest disruption to the U.S. dollar we've seen in a century… And the technology behind it will change the world in ways you can't imagine. Click here for more info. -- Subsidized Gambling But let us look at what Powell et al. have wrought. Then, we will see what an exit from their uber-loose policies would mean. Currently, house buyers can get a mortgage at a negative real interest rate. A cursory Google search turns up rates under 4%, while consumer prices rise at least 100 basis points faster. At these interest rates, it is no wonder house prices are going up so fast. Wall Street speculators are also able to get super-cheap money. They can now borrow money at zero real cost. In an honest economy, speculators have to pay to play. Interest rates serve as a kind of ticket price for gamblers entering the casino. But today, the doors are wide open. The "cost of carry" – the charge speculators pay to gamble with someone else's money – is less than zero. In other words, it is as if they were being paid to make reckless bets. [Featured: Have a Visa or Mastercard? Get Ready To Shred Them!] Major Shock Getting back to normal would be a major shock to the marketplace. Let's see, if the "cost of carry" suddenly went up to 5%... or 8%... the rank speculation would quickly come to an end. Investors would toss aside the riskiest stocks as if they were used face masks. Zombie businesses, that can only pay the interest on their debt by borrowing more, would collapse. Asset prices, generally, would drop, and probably come to rest at only half of today's levels. Mortgage rates are usually 2.5% to 3% above inflation. Today's rates would have to double to get there. What would that do to house prices? As for the Fed's key funds rate – now at 0.25% – it would have to go up by more than 500 basis points, just to pull even with consumer price increases. Jobs lost, businesses failed, households bankrupted, investments wiped out – welcome to the end of the uber-loose monetary policies. Recommended Link The Millionaire with a Double Life And His Next Big Discovery In the photo on the left, (in the red shirt) he's like Indiana Jones in Myanmar. He jumped crocodile infested waters in South America in search of "hidden" investment ideas.  Last year he closed out 12 plays. Ten of them were winners with GRAND SLAMS like 4,942% and 2,805%, in one of his research services.  On the right, he's on the streets of Denver...  Ready to unveil his next HUGE investment he calls a tech "Master Key".  You'll want to put aside any skepticism because this will seem controversial.  But it could be responsible for a staggering amount of wealth in the coming months. This is the ground floor. This video unlocks this secret right now. -- Inflate and Die Trap And here, we see clearly how the Inflate and Die trap works: The higher inflation rates go, the bigger the shock to the economy needed to bring them under control. And this shock wouldn't be limited to home buyers and stockholders. The biggest borrower in the world is the federal government. And the biggest lender in the world is the Fed. Thanks to Fed buying, a 10-year Treasury note – the building block of all federal debt – now trades at a yield of about 1.4%. At last month's CPI reading (5.4% year-on-year), that yield is negative by 400 basis points (4%). "The trouble with trouble is that it starts as fun," a dear reader reminded us. And if bond buyers demanded a real return (above inflation)… the interest charged on new bond issues would quadruple. The fun would be over. All of a sudden, more stimulus would be out of the question. The big, new "infrastructure bill" (at $3.5 trillion), too. And those unemployment "toppers," that pay people more for not working than they earned on the job? History! Exiting in an orderly way? Nah… Prepare for le deluge. Regards, Bill Like what you're reading? Send your thoughts to feedback@rogueeconomics.com. FEATURED READS McDonald's Promoting Competitive Pay and Benefits to Attract New Employees Pandemic layoffs and high turnovers have left the service industry in a lurch. To entice new workers, McDonald's is piling on the benefits, like higher starting pay and emergency child-care.... Why Inflation Isn't Going Anywhere Anytime Soon Casey Daily Dispatch editor Kris Sayce explores why rising inflation is anything but temporary. Read about his predictions for gold assets and crypto, and what steps you can take to profit during this period... MAILBAG Dear readers are weighing in on Bill's essay from Tuesday regarding COVID-19 lockdown policies... Why is it never mentioned all year about South Dakota? They never did any mandates. They rode in rodeos, businesses stayed open. Life just went on as usual. –Richard S. I believe the turn by the U.K's. Boris Johnson government was not caused by sudden sanity and seeing real facts and unbiased science, but rather fear of losing their seats in the next election. The recent massive demonstrations in London, involving thousands of people, against government COVID-19 measures (especially coerced vaccinations) were visible from miles away and shared on social media by attendees. The MPs in Westminster must have seen it, too. The non-reporting by the BBC and other news media made it more damning and loud. They are still looking after their own short-term self interests by changing policy to appear to be empathetic with the people. –Elaine S. Bill, the conclusions that your essay has come to seem to coincide with the "Great Barrington Declaration" which was published in October 2020. One of the conclusions was to lock down people 65 years and older, as they are the most fragile, and that everyone else should take precautions but still go to work. Apparently, the elite can't read – or was unwilling to absorb and implement what it stated. So the great American experiment worked for the elite, while the middle class suffers and, as usual, pays the bill for their dishonesty, stupidity, and greed for money, control, and power. Where do we go from here? Nowhere, except in the direction of the "New Consciousness," which is alive and gaining momentum. Thank you for your thoughts; you bring some sanity to the insane world of today. –Scott S. If things "return to normal" and a major market shock happens, how will you be financially ready? Used cars, used houses, and used tractors are in high demand and low supply… which is sending their prices higher. What other prices are going to rise? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… MISSING: Bill Bonner's LAST and Most Important Book Recently, Bill Bonner published a new book, which details his final warning to investors. But shortly after it hit bookstore shelves, it disappeared, without a trace. Today, you'd be lucky to find a used copy online for $79. While some suspect Bill's book has been "shadow-banned" by major retailers… the truth is far more interesting… and urgent. For the full story – including how you could claim a copy, free as part of this limited-time offer – click here. Get Instant Access Click to read these free reports and automatically sign up for daily research. An Insider's Guide to Making a Fortune from Small Tech Stocks The Trader's Guide to Technical Analysis The Ultimate Guide to Taking Back Your Privacy Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 www.rogueeconomics.com FACEBOOK TWITTER To ensure our emails continue reaching your inbox, please add our email address to your address book. 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Fwd: Green Window Guidance is dangerous

The attached is almost certainly an indication of what is to come in the not too distant future, largely due to the lunatic and deliberately destructive policies of the Biden crooks in the White House. It's a lesson for what happens when a government in cahoots with its Central Bank tries for no doubt political reasons to skew naturally occurring commercial processes. This time they are using the excuse of "climate" to destroy and socialise otherwise reasonably sound economies. Right now, it appears that it is a time to ride out the economic storm that is coming.

Cheers from us in Medellin.............

Jim and Jean

---------- Forwarded message ---------
From: Fortune & Freedom <editor@mb.fortuneandfreedom.com>
Date: Thu, 15 Jul 2021 at 05:57
Subject: Green Window Guidance is dangerous
To: James Donald <tiare.taporo3@gmail.com>

Japan knows what happens when central bankers direct the economy

Having trouble viewing this email? Log in to view in browser.
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Green Window Guidance will create a Green Bubble Nick Hubble | 15 Jul 2021 Dear James, Whenever governments try to direct credit into a part of the economy, it usually ends in disaster. While the obvious example is the US housing bubble, its Japan's infamous "Window Guidance" that offers the best insight. This matters because I believe we're about to repeat all the same mistakes with the Green Bubble. Window Guidance is the name given to the semi-official Bank of Japan (BoJ) policy whereby the central bank directed banks to make loans to certain parts of the economy. Creditworthiness, the ability to repay or the usual capitalist constraints, didn't matter – the BoJ's quotas did. During wartime, it's obvious why governments and central banks want to direct economic activity. No free-market economy would prioritise blowing up your trading partners over producing toothpaste for them. You may be interested in Rishi Sunak's "Trojan Horse"   In April, Chancellor Rishi Sunak announced the UK Government was planning their own digital currency, "Britcoin"... 44 other countries are also working on their own digital currency. The problem is, these digital currencies are NOT like crypto. And could act like a trojan horse into the wallets of British citizens.   Enabling government surveillance into what you spend, where you shop and who you send money to. Thankfully, there's a "loophole" that could help you keep some of your wealth away from their prying eyes. Click here to learn more about this "loophole". Capital at risk. The crypto market is unregulated. Investing in cryptocurrency is high risk. But Japan managed to continue the Window Guidance style of economic management long after the war. Unlike in the West, where central banks manage overall economic activity, the BoJ got involved in which parts of the economy got how much lending – and thereby which parts boomed and which didn't. Window Guidance was of course voluntary – in the same way that many things are voluntary in Japan, but you still have to do them. Originally, the Window Guidance was used to command and control the economy, and to keep it on a level base. Unlike its counterparts in Europe or North America, the BoJ was an instrument of the government's industrial policy. But as the Japanese bubble economy got going in the 1980s, the BoJ began to use Window Guidance to pressure banks to lend to keep the bubble fully inflated. One banker recalls that the BoJ would occasionally request more loans than the banks wanted to make – an extraordinary concept in a capitalist economy. Another recalls that, when Window Guidance ended, bankers simply didn't know how to lend anymore. They didn't know how to analyse risk and return, because the BoJ had simply decided for them where the loans should go under Window Guidance policies. I see this as an attempt to generate an economic boom in Japan. But, according to the economist Richard Werner, an expert in the area, it was a deliberate attempt to trigger a crisis in Japan. The idea was that Japan needed economic reform to become more like the United States. However, this could only happen in the context of a crisis. And so the bubble was inflated by the BoJ, using Window Guidance, to create that crisis. The film and book Princes of the Yen, in my opinion, is the best source on Japan and its Window Guidance directed bubble and bust. If Richard Werner, the author of the book, is correct, it's ironic that the BoJ's crisis creation policy is also a favoured tool of climate change-motivated economic management today. Over in the United States, the central bankers and politicians forgot that a crisis follows a bubble when they began to channel irrationally large quantities of money to housing in the years prior to 2008. The US form of Window Guidance was a little more political than in Japan, too. But the idea was similar. Politicians made laws and established semi-government entities like Fannie Mae and Freddie Mac to try and support home ownership by making debt available to low-income households. The central bankers at the Federal Reserve obliged by keeping interest rates low to keep that debt affordable. And so money flooded the sector, creating a bubble. The bust, as they say, is now history. But it's another example of how directing credit into politically important sections of the economy causes a bubble and a bust. Today we're making all the same mistakes by trying to engineer a Green Bubble with Green Window Guidance. Central bankers are making climate change a key part of their raison d'être. The European Central Bank explicitly does this thanks to the recent review of its mandate. This is very close to the idea of Window Guidance. The Financial Times reports that the financial industry has summarised it thus: Investment industry at 'tipping point' as $43tn in funds commit to net zero Almost half of global assets under management now linked to emissions pledge The idea that central bankers should worry about climate change instead of inflation and the banking system is absurd. But that won't stop them. And it won't stop the financial industry from profiting – at least for a while. What's so wrong with Green Window Guidance? It leads to bubbles in parts of the economy that get more credit than they otherwise would. In the United States, it was housing. In Japan it was banking and export industries. This time, it's Green Tech. But the specific direction doesn't really matter. The principles are the same. The underlying concept is that a free-market economy evolves and allocates capital in the most efficient way possible. That is to say: not perfectly, but better than any other possible mechanism. And any mistakes are not systemic, because there is no system wide influence like the government or central bank making credit allocation decisions. If governments or central banks get involved in the allocation of credit, this can shift the economy away from that efficient allocation. And the very likely result of the shift is the bubble. When a bubble bursts, the economy isn't in crisis: it's healing. It's reallocating the capital back to where it should've been in the first place without government planning and misallocation. Of course, this is never allowed to actually happen. Central banks and governments prevent the healing with even more policies and even more misallocations. That's why economies struggle to recover, with growth in Japan, Europe and the US slow compared to historical recoveries after the bursting of bubbles. The wealth that can be created during a Window Guidance-influenced bubble is of course vast. The stories about Japan are even more extreme than the riches created during the sub-prime bubble. Land values soared completely out of control in Japan and huge Japanese investment in foreign assets led to Australian school children learning the language as part of the core curriculum… But the damage of the inevitable bust shouldn't be overlooked during the boom. Japan is still deeply scarred from the end of the bubble, despite it bursting about 30 years ago. And countless Australian school children wasted a good chunk of their lives learning a language they never got to use because Japanese tourism and investment dried up. These days, Australian children are learning all about climate change. I wonder if history will repeat and, by the time they grow up, the Window Guidance mistake will be exposed. Nick Hubble Editor, Fortune & Freedom

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Although Southbank Investment Research Ltd, the publisher of Fortune and Freedom is regulated by the Financial Conduct Authority, the editorial content in Fortune and Freedom is not regulated by the Financial Conduct Authority. The editorial content is for general information only; it gives no advice on investments and is not intended to be relied upon by individual readers in making (or not making) specific investment decisions. Appropriate independent advice should be obtained before making any such decision. From time to time we may tell you about other information services published by Southbank Investment Research Limited which do contain content which is regulated by the FCA. When viewing that regulated content, you should review the risk warnings accompanying it. If you have any questions you can call us on 0203 514 2487 Monday to Friday, 9.00 am -5.30pm or alternatively email customerservice@fortuneandfreedom.com Email Reference: FAFED01 ISSN: 2635-0009 If you would like to unsubscribe from Fortune and Freedom please click here. Full details of our complaints procedure and terms and conditions can be found on our website, www.southbankresearch.com. © 2021 Southbank Investment Research Ltd. Registered in England and Wales No 9539630. VAT No GB629 7287 94. Registered Office: 2nd Floor, Crowne House, 56-58 Southwark Street, London, SE1 1UN. Authorised and regulated by the Financial Conduct Authority. FRN 706697.

Fwd: “We will continue to be your single source of truth.” – Jacinda Ardern

Please read and pass on. Subscribing could be a good idea as well to support truthful and honest reporting and to make people aware generally of the destruction that is being wrought on New Zealand.

Cheers,

Jim and Jean in Medellin

---------- Forwarded message ---------
From: lorraine littlefield <lorraine_bun@hotmail.com>
Date: Thu, 15 Jul 2021 at 05:04
Subject: Fwd: "We will continue to be your single source of truth." – Jacinda Ardern
To: tomcourt@xtra.co.nz <tomcourt@xtra.co.nz>, James Donald <tiare.taporo3@gmail.com>, Tracie Hancock <tracie.hancock@brightstarcorp.com>, Sue &Dave Goodege <goodegefamily@yahoo.com>, Alan Dodunski <amdodunski@gmail.com>, Robert Gordon <rangordon@xtra.co.nz>, bunzo@xtra.co.nz <bunzo@xtra.co.nz>, Valda May McMullen <Valda.McMullen@outlook.com>

Sent from my iPad

Begin forwarded message:

From: Advance NZ News <news@advancenz.nz>
Date: July 15, 2021 at 11:21:44 AM GMT+12
To: Lorraine Bunning <lorraine_bun@hotmail.com>
Subject: "We will continue to be your single source of truth." – Jacinda Ardern
Reply-To: Advance NZ News <news@advancenz.nz>



Exactly where is Dear Leader leading us to?

Hi Lorraine, "We will continue to be your single source of truth." – Jacinda Ardern Jacinda Ardern has said many hair brained things about her government's Covid policies, but this one ranks up there with the rankest. And having uttered this little totalitarian meme to her assembled stenographers – er, reporters – who were doubtless salivating at the prospect of sharing in the $55 million her government had recently doled out to New Zealand's "trusted media", she left to have another coiffure on her rapidly tarnishing image. Not once in New Zealand's history has arrogance this egregious been superseded, at least to my knowledge. Even Robert Muldoon in his best rendition of Benito Mussolini never topped it, and at least he had a sense of humour, something sadly lacking in our current lame "be kind" political leader. (She's not looking, or acting, very "kind" today with the announcement that a new "order" will mean that people who work in border-related jobs – evn those who are NOT government employees – will have to submit to being injected with the still-experimental Pfizer/BioNTech mRNA Covid jab or lose their jobs. Medsafe now is asking doctors to report cases of heart inflammation after this jab but that does not seem to matter to Jacinda or her government.) The question many of Kiwis are now asking themselves, ardently I may add (pun intended), is exactly where is Dear Leader leading us to? And, more telling still, is who is pulling Dear Leader's strings? She has been religiously aligning with a worldwide movement answerable to the largest pharmaceutical companies and others working to disembowel the constitutional guarantees of what were recently known as western democracies. Her government, unbeknownst to the majority of the people of this country, has been backing some of the most odious legislation in our history, in addition to pushing one of the most dangerous, dare I say murderous, vaccines ever rolled out to any population. She is on record as pushing 5G technology, "late term" abortions (read: pre-natal "infanticide") and de facto land confiscation via the "Significant Natural Areas" – SNAs – designation which strips from owners the ability to make productive use of their own land (even though owners must pay the rates). She is pushing legislation to end Council jurisdiction over water, which she then intends to poison with fluoride-based chemicals derived from industrial waste, and the wishes of the people be damned. So much for "following science" – now nothing more than a slogan for people who don't (or won't) understand that science is a method, not a religious belief. And the "science" behind masks, social distancing and vaccines? There is none. It's all money, power and control. The emperess has no clothes (a horrible thought in itself), and that's the reason she is desperate to claim to be the "single source of truth". She has no truth on her side, a fact to which millions of Kiwis are at last waking up to. The Real News (www.therealnews.nz) is a magazine devoted to ... the real news. Uncensored, unfiltered and beholden to no government or private interest group. Our first two issues were devoted to revealing the truth about the Covid "pandemic" and the rollout of the dodgy, dangerous and in many cases lethal vaccines. With our third issue, coming soon, we reveal the real reasons for the suppression of actual cures and preventions for Covid-19 – why the NZ government has bought into and pushed the lie that there was nothing that could stop the disease other than vaccines. We reveal what those cures and preventions are and hold up the evidence for all New Zealands to see and judge for themselves, just how badly this government has sold us out to Bill Gates and the rest of the parasitic elite. We urge you to go to www.therealnews.nz to download the magazine for yourself. (PDFs of Issue 1 and Issue 2 may be downloaded for FREE - please share them.) And we implore you to subscribe. (If you would like to pre-order multiple copies of Issue 3 so that you have these available to share with friends, family and neighbours, there is an option to do this on our website shop, too.) You won't find this information in mainstream. But it's all true, nonetheless. And you will see that Jacinda is not your single source of truth. Not at all. Subscribe to The Real News Donate to Support The Real News Issues 1 and 2 of The Real News are now available as FREE PDF downloads at https://therealnews.nz/ Thanks for reading. See you soon! The Real News Editor Unsubscribe | Manage your subscription Authorised by M Kelly, L2, 71 Symonds St, Auckland.

Chinese Virus (a.k.a. The Kung Flu) statistics for week number 46 (322 days) as at July 2nd. 2021 (plus political comment and our personal news) since 21/08/20. Greetings from Medellin, Colombia.

Hola a todos nuestros amigos y familiares,

Esperamos como siempre que todo el mundo este en rosa - 

CHINESE VIRUS STATISTICS and related comment - note that comparative figures in parenthesis relate to June 18th. (14 days ago).

The world is in panic mode once again with the Indian - ooops Delta - variant rampaging about the place. As an example, Australia has all of 400 odd active cases. This is 0.0016% of the whole population. And the country is now completely locked down, although some relaxations coming. Notwithstanding that the Delta variant is by all accounts much milder in its effect than the original Chinese Virus. And now there is another variant entering the scene. God knows what "attributes" this one will have and whether it will respond to current "vaccines", or whether there will need to be another completely new "vaccine".

For a reasonably sane view of the "crisis", listen to Skynews Australia (Alan Jones) dated 30/06. It is headed "the way we're going on earth, we might be better off in space"!! He describes what is happening right now as "full-scale totalitarian dictatorship" and that the current incompetent situation is characterised by "chaos, confusion and fear alarmism".   

But governments around the world who all appear to be in panic mode, seem only to continue pushing the various "vaccines" which are proved to have very serious side effects and some deaths. Far better to contract the Virus, take Hydroxychloroquine and/or Ivermectin, and achieve immunity that way than risk any of these "vaccine" side effects. Of course the other anti Virus measure being dredged up out of the past is the wholly discredited "lockdown". This has been proved time and again to be ineffective. It is much better to have people out and about in the sunlight and fresh air which is known to kill the Virus in any case. And of course the other burning question is how many of these "active cases" are a direct result of the "vaccines"? Lockdowns and the like have become a totalitarian tool of governments the world over to control their populations. They put the fear of God into people and then they queue, begging for the vaccination. This "Fear of God" has been used as a tool for as long as recorded history has existed in order to control populations - because fearful people will turn to their only known salvation - government or religion by people who "know best". Witness the adulation of the NZ Prime Minister, Jacinta Ardern - "Oh, Jacinta, save us from this dreaded Virus!!"

Where has Grandma's old recipe of - stay at home, go to bed and take aspirin, plenty of fluids and clear chicken soup - gone? Avoid hospitals and their ventilators like the plague. Add to that the recently discovered anti-inflammatory efficacy of old drugs like Hydroxychloroquine and Ivermectin.  

Governments are lying to us like flatfish, and are desperate to keep the "vaccine" hoax alive so that, among other things, the share markets around the world don't collapse under the weight of Big Pharma share writedowns as the realisation dawns upon the world that the "vaccine" which has been so hyped, is in fact a vicious  fraud. If this scenario of Big Pharma share collapses occurs, there will be a widespread crash with God knows what financial and political effects.  

And consider the known "vaccine" side-effect of blood clots. 4 British Airways pilots have died after taking the "vaccine" and there is apparently concern that "vaccinated" pilots could be at risk of thrombosis as they fly plane loads of passengers at normal operating altitude - to say nothing of the "vaccinated" passengers themselves. The "fact-checkers" are in full flight with denying that there was any connection between the deaths and the "vaccine". Time will tell of course as always, but is it another "coincidence" that a number of Air India pilots have also died? They claim that they had not yet been "vaccinated", and simply died of the Kung Flu! Claims and spurious self-interested counter-claims.

Finally, the only country which appears to be showing any sort of sense in this whole ghastly and propagandised business is Singapore. After having very strict controls, including on the border, they have realised that the Kung Flu is not going away and CANNOT be dealt with on an elimination basis. Therefore they are lifting all controls and restrictions and just getting on with life. It's such a pity that NZ and Australia don't exhibit the same degree of commonsense - because in the end, that's exactly all that it is - COMMONSENSE. But in this woke age of pushing computer buttons and just expecting something to happen, COMMONSENSE is a commodity in very short supply. 

MUNDO - World

Population - 7,875,015,059 - (7,871,899,675) - up 3,115,384 or 0.040%

Active cases - 11,542,025 - (11,637,068) - down 95,043 or 0.8%

Active cases per 1 million of total population - 1,466 - (1,478) - down 12 or 0.8% 

Considering the "vaccine" roll-out, this reduction is miniscule. It is equivalent to 0.4% per week over the last 2 weeks. This compares to a reduction of 5.7% for week no. 44. Not very encouraging and, although it is probably too early to draw absolute conclusions, it does not seem to bode very well.

ARGENTINA

Population - 45,609,321 - (45,593,473) - up 15,848 or 0.035%

Active cases - 304,726 - (316,265) - down 11,539 or 3.7%

Active cases per 1 million of total population - 6,681 - (6,937) - down 256 or 3.7%

The rate of weekly decrease has declined from 7.8% in week 44 to 1.9% now. Still declining, but the rate needs to pick up.

AUSTRALIA

Population - 25,794,730 - (25,783,417) - up 11,313 or 0.04%

Active cases - 416 - (130) - up 286 or 220.0%

Active cases per 1 million of total population - 16 - (5) - up 11 or 323%

Substantially up, but by world standards the figures are still very low

BOLIVIA

Population - 11,831,617 - (11,825,525) - up 6,092 or 0.05%

Active cases - 61,033 - (68,609) - down 7,576 or 11.0%

Active cases per 1 million of total population - 5,159 - (5,801) - down 642 or 11.1%

This equates to a reduction of 5.55% per week - a satisfactory increase over 1.2% in week no. 44

BRAZIL

Population - 214,066,830 - (214,000,122) - up 66,708 or 0.03%

Active cases - 1,170,843 - (1,130,386) - up 40,457 or 3.6%

Active cases per 1 million of total population - 5,470 - (5,282) - up 188 or 3.6%

Rate of increase much reduced from 2 weeks ago but still going in the wrong direction.

CHILE

Population - 19,279,850 - (19,273,580) - up 6,270 or 0.033%

Active cases - 23,558 - (40,816) - down 17,258 or 42.3%

Active cases per 1 million of total population - 1,222 - (2,118) - down 896 or 42.3%

A much faster rate of decrease than in previous weeks. Long may it continue. 

COLOMBIA

Population - 51,423,492 - (51,402,759) - up 20,733 or 0.04%

Active cases -198,086 - (171,773) - up 26,313 or 15.3%

Active cases per 1 million of total population - 3,852 - (3,342) - up 510 or 15.3%

Rate of increase well up on that of 2 weeks ago. However, there are now signs that it may be slowly decreasing so let's hope that continues at an increasing rate. 

COSTA RICA

Population - 5,140,503 - (5,138,726) - up 1,777 or 0.035%

Active cases - 69,994 - (76,798) - down 6,804 or 8.9%

Active cases per 1 million of total population - 13,616 - (14,945) - down 1,329 or 8.9%

At long last a reasonable decrease over 2 weeks. Still a long way to go.

DOMINICAN REPUBLIC

Population - 10,956,361 - (10,952,203) - up 4,158 or 0.038%

Active cases - 54,957 - (53,759) - up 1,198 or 2.2%

Active cases per 1 million of total population - 5,016 - (4,909) - up 107 or 2.2%

Active cases still continuing up but at a slightly reduced rate than that of 2 weeks ago. This has to be turned around.

ECUADOR

Population - 17,909,788 - (17,899,534) - up 10,254 or 0.057%

Active cases - 14,245 - (13,654) - up 591 or 4.3%

Active cases per 1 million of total population - 795 - (763) - up 32 or 4.2%

Disappointing to see an increase after so many good reductions. However, the figures are comparatively low so hopefully it will turn around again.

GERMANY

Population - 84,051,450 - (84,041,229) - up 10,221 or 0.012%

Active cases - 18,610 - (38,704) - down 20,094 or 51.9%

Active cases per 1 million of total population - 221 - (461) - down 240 or 52.1%

Not as big a reduction as 2 weeks ago, but still very satisfactory

JAPAN

Population - 126,089,354 - (126,104,099) - down 14,745 or 0.012%

Active cases - 16,869 - (23,730) - down 6,861 or 28.9%

Active cases per 1 million of total population - 134 - (188) - down 54 or 28.7%

Not as big a reduction as 2 weeks ago but still very definitely heading in the right direction.

MALAYSIA

Population - 32,779,126 - (32,763,264) - up 15,862 or 0.048%

Active cases - 66,084 - (65,602) - up 482 or 0.7%

Active cases per 1 million of total population - 2,016 - (2,002) - up 14 or 0.7%

Up very slightly but disappointing after previous solid reductions.

MEXICO

Population - 130,283,076 - (130,231,293) - up 51,783 or 0.04%

Active cases - 288,625 - (272,551) - up 16,074 or 5.9%

Active cases per 1 million of total population - 2,215 - (2,093) - up 122 or 5.8%

A much bigger weekly increase. Not good.

NEW ZEALAND

Population - 5,002,100 - (5,002,100) - no change!!!!!

Active cases - 27 - (23) - up 4 or 17.4%

Active cases per 1 million of total population  - 5 - (5) - no change

All in managed isolation so no worries!!

PANAMA

Population - 4,382,382 - (4,379,782) - up 2,600 or 0.06%

Active cases - 12,760 - (10,029) - up 2,731 or 27.2%

Active cases per 1 million of total population - 2,912 - (2,290) - up 622 or 27.2%

A slight decrease of that 2 weeks ago, but NOT GOOD.

PARAGUAY

Population - 7,219,834 - (7,216,483) - up 3,351 or 0.05%

Active cases - 38,728 - (54,092) - down 15,364 or 28.4%

Active cases per 1 million of total population - 5,364 - (7,496) - down 2,132 or 28.4%

A much greater rate of decrease than 2 weeks ago. Very good to see.

 

PERU

Population - 33,429,296 - (33,411,923) - up 17,373 or 0.05%

Active cases and active cases per 1 million of total population N/A

PHILIPPINES

Population - 111,033,906 - (110,978,111)  - up 55,795 or 0.05%

Active cases - 55,482 - (61,776) - down 6,294 or 10.2%

Active cases per 1 million of total population - 500 - (557) - down 57 or 10.2%

Excellent to see a substantial reduction after previous increases.

TAIWAN

Population - 23,859,832 - (23,858,188) - up 1,644 or 0.0.007%

Active cases - 2,586 - (5,211) - down 2,625 or 50.4%

Active cases per 1 million of total population - 108 - (218) - down 110 or 50.5%

Not as big a reduction as that of 2 weeks ago, but still very solid.

THAILAND

Population - 69,974,894 - (69,968,217) - up 6,677 or 0.01%

Active cases - 54,440 - (32,795) - up 21,645 or 66.0%

Active cases per 1 million of total population - 778 - (469) - up 309 or 65.9%

A worrying development after previous solid reductions

UNITED KINGDOM

Population - 68,241,931 - (68,228,318) - up 13,613 or 0.02%

Active cases - 372,745 - (176,432) - up 196,313 or 111.3%

Active cases per 1 million of total population - 5,462 - (2,586) - up 2,876 or 111.2%

Don't know what to make of this. The rate of weekly increase is well up, but it is likely that it is the Vindaflu which is much less virulent than the original Chinese Virus. Anyway, why aren't the "vaccinations" keeping it at bay???

UNITED STATES OF AMERICA

Population - 332,939,657 - (332,865,530) - up 74,127 or 0.02%

Active cases - 4,888,671 - (5,119,749) - down 231,078 or 4.5%

Active cases per 1 million of total population - 14,683 - (15,381) - down 698 or 4.5%

The weekly rate of decrease has halved. What is happening, given the high rate of "vaccinations". Cases per million are still well up compared to all other countries. Maybe it's the "vaccinated" people getting sick as has been widely predicted??

URUGUAY

Population - 3,485,750 - (3,485,291) - up 459 or 0.01%

Active cases - 14,690 - (30,122) - down 15,432 or 51.2%

Active cases per 1 million of total population - 4,214 - (8,643) - down 4,429 or 51.2%

Increased rate of reduction. VERY impressive after previous infection figures. 

SELECTED FINANCIAL AND COMMODITY INFORMATION as at July 2nd. 2021 with comparisons in parenthesis to January 4th. 2021.

S & P 500 - US - 4352 - (3701) - up 651 or 17.6%

FTSE - UK - 7123 - (6752) - up 371 or 5.5%

NZX50 - NZ - 12712 - (13238) - down 526 or 4.0%

COLCAP - Colombia Bolsa de Valores - 1289 - (1418) - down 129 or 9.1%

NZD/USD - .7033 - (.7174) - down .0141 or 2.0% 

NZD/COP (Colombian Peso) - 2654 - (2475) - up 179 or 7.2%

NZD/EURO - .5926 - (.5855) - up .0071 or 1.2%

NZD/CHF (Swiss Franc) - .6476 - (.6320) - up .0156 or 2.5%

NZD/JPY - 78.07 - (73.97) - up 4.1 or 5.5%

NZD/CNY (Chinese Yuan) - 4.55 - (4.64) - down .09 or 1.9%

NZD/AUD - .9343 - (.9355) - down .0012 or 0.1%

USD/NZD - 1.42 - (1.39) - up .03 or 2.2%

USD/COP (Colombian Peso) - 3773 - (3450) - up 323 or 9.4%

USD/EURO - .8426 - (.8156) - up .027 or 3.3%

USD/CHF (Swiss Franc) - .9209 - (.8813) - up .0396 or 4.5%

USD/JPY - 111.01 - (103.11) - up 7.9 or 7.7%

USD/CNY (Chinese Yuan) - 6.47 - (6.46) - up .01 or 0.2%

USD/AUD - 1.33 - (1.30) - up .03 or 2.3%

GOLD - (USD per Troy Ounce) - 1787 - (1,939) - down 152 or 7.8%

SILVER - (USD per Troy Ounce) - 26.59 - (27.14) - down .55 or 2.0%

OIL WTI - (USD per Barrel) - 75.19 - (47.80) - up 27.39 or 57.3% 

COPPER - (USD per metric ton) - 9297 - (7972) - up 1325 or 16.6%

 

COMMENT AND NEWS - 

AUSTRALIA

In the country town of Bowral in SW New South Wales, the owners of a natural health shop were refusing to allow entry to anyone wearing a mask! This is entirely reasonable, since masks are known to harbour all kinds of bacteria and are ineffective in any case in protecting against the Chinese Virus or indeed in passing it on. Some busy-body local called the police who after a period of discussion, then proceeded to arrest the 60 year old owner and his female partner. Both of them were manhandled in a disgraceful way and literally thrown into the back of a police van. This illustrates so well the pettiness and straight out abuse being perpetrated by the Australian police on their citizens. The circumstances of this case are mind-blowing. Unfortunately it is not confined to Australia - witness the Nottingham Police against the broadcaster, Alex Belfield in the UK. 

COLOMBIA

Following are this week's headlines from the English language www.colombiareports.com. You may need to go to the desktop version to read most of these:

June 28th. Colombia steps up COVID-19 vaccination as pandemic rages

June 28th. Colombia investigating attack on presidential helicopter

June 29th. Did Facebook CEO try to murder Colombia's president?

June 29th. How Colombia turned US support for protests into support for violent repression

July 1st. US Congress adds condition to aid to Colombia's police

July 2nd. Colombia's government apparently abandons basic economics

July 2nd. ICE embroiled in major fraud scandal in Colombia

July 3rd. Colombia jails alleged superspider in mafia web

It is difficult to believe the official Kung Flu statistics in Colombia. Apparently the figures are way higher than at the height of the Virus in 2020, but you wouldn't know here. All restrictions have been removed - travel, shopping etc - and the only restriction now is the wearing of masks. However, when you are out you see many instances of flouting the rules!! Including us. Restaurants no longer have paper menus, although they will produce them if pressed. Instead you have to photograph an icon on the table, but yours truly hasn't been able to make it work yet!!  There is so much ignorant, hypocritical nonsense about the place these days - and it's not confined to Colombia by any means.

One piece of good news is that we are in the final stages of renewal of our 3 year visas. Went to Migracion Colombia last week thinking that that would be the final act in this bureaucratic drama, but no - we now find we have to return after 10 working days to collect our new Cedulas d'Extranjerias. The visas are approved and issued but we need the plastic ID (c/e) cards - about the size of a credit card and which you carry in your wallet.It is surprising just how often the requirement to produce it comes up.

NEW ZEALAND

We read that the NZ Police have now over 4 years seized over 500 million Kiwi dollars worth of property, vehicles, cash, and illicit drugs from gangs. A notable milestone, but at the same time the draconian new Chinese Virus laws allow Police unfettered access to private property of ANYONE without a search warrant - you and I who are for the most part law - abiding citizens. These laws need to be repealed  - but they won't be. 

And of course the on-going saga of the devolution of political power to "indigenous" racial groups. This has largely been carried out in secret by our Socialist toothy grin PM and her government and the apathetic NZ population seems to us to be in complete denial and ignorance of this theft of democracy being perpetrated right under their noses in their own country.

And finally Hate Speech - the scope of this legislation which will form part of the Crimes Act, already includes matters of religion, gender, sexuality, age, disability, and employment status. The penalties for being convicted of an offence under the Hate Speech legislation can be 3 years in jail plus a $50,000 fine!! And now it seems likely that political opinion will be included as well.

The only saving grace is that the PM realises there is considerable public backlash building and she is trying to walk back some of the above. But none of this disguises the fact that the Socialists want all of this to become law. Ardern is facing revolt from her more extreme left-wing colleagues and of course opposition from the majority of conservative ordinary voters who may at long last be waking up to these proposals to quite simply stop free speech altogether. With any luck these divisions may eventually destroy the leftists - as seems to be the case in the US right now with all the partisan manoeuvering over the so-called Infrastructure Bill where the Democrats want to spend 6 Trillion dollars on anything but "Infrastructure" when US Government debt is already approaching 30 Trillion - 1 Trillion is 1,000 Billion and 1 Billion is 1,000 Million. 

UNITED KINGDOM 

The Chinese Virus numbers keep going up - when are people going to start openly asking the obvious questions, or have the dictatorships we all seem to live under these days completely snuffed out the human spirit? Alex Belfield seems to be the only person with sufficient guts to question all the lies being promulgated with increasingly desperate frequency. The most obvious question is of course - why are infection rates rising when a sizeable proportion of the population has been "vaccinated"?? The next thing will be that everyone will need "booster" shots every 3 months, and/or a completely new "vaccine" to counter these new variants which always seem to show up just when the fear factor is diminishing! 

UNITED STATES OF AMERICA

The Maricopa County election audit is still progressing as it has turned into a far bigger job than was initially expected. The Dims are continuing to try to discredit the process by whatever crooked means they can dredge up but even they seem to have run out of ideas. The idea of electoral fraud is still only to be mentioned in hushed tones and you won't even hear it mentioned on the increasingly woke Fox News. The consequences of finding extensive fraud are going to be huge and will at the very least result in a constitutional crisis. 

Now here is an excellent commentary on the George Floyd saga which has been so deliberately distorted by the so-called media and which has been used to whip up racial hatred and frenzy - 

"Subject - the Low-life hero

After 6 burglaries, 3 car thefts, multiple illegal trepasses, ongoing Cocaine and alcohol addiction, committing 2 violent home invasions, 3 armed robberies, dealing Fentanyl and Meth, passing counterfeit money, beating 4 victims senseless and being arrested 23 times since 1998, George Floyd hasn't committed a crime in over 1 year!

BUT HE DID NET HIS FAMILY $27 MILLION FROM THE STATE AND $20 MILLION FROM A GO FUND ME ACCOUNT.

And he's been recognised by the Speaker of the House of Representatives of the United States of America, as one of the bravest people who gave his life for the cause of Racial Injustice in our country.

WE ARE ONE SICK COUNTRY!!

Do you think that the family would return all that money if they could have their beloved George back????" 

And finally an email we received from Retired Patriot News.com which we feel sums up all the issues affecting the USA right now - and by extension everyone in the so-called Free World. In our view it completely sums up the present State of the Union on this July the 4th. 2021, 245 years after the Declaration of Independence - 

"If I were leading president Joe Biden's central committee and my goal were to destroy America as founded and ensure that it lose its distinction as the world's freest and most powerful nation, I doubt I could concoct a superior strategy than adopting the Biden administration's message and policy agenda.

The administration is creating total societal chaos, fomenting disorder and undermining the rule of law at every turn. As the first duty of government is to protect and defend its citizens, we might be alarmed to consider that the administration is engaged in a multi-pronged strategy to do the opposite. It is shrinking our military, which defends against foreign threats, it is at war with law enforcement, which ensures domestic tranquility, and it is destrying our southern border. It is systematically destroying our liberty and prosperity.

Could there be a better formula for societal and and national destruction? Most of these matters are not debatable.

Yes, we are emasculating our military at warp speed and converting it into a playground for social experiments and racial disharmony, just when China is hellbent on world domination and aggressively expanding its military and technological budgets and flexing its muscles around the globe. Never mind the militant designs of Russia and Iran, to name a few, and disregard that other freedom-friendly nations are hardly in a position to pick up the slack.

While our Democrat-controlled cities are descending into craven crime centres, much of the Democrat Party is doubling down on the police-bashing and defunding policies that created this anarchy. Their inflammatory racial rhetoric is obliterating race relations in the cities and harming most the people that they pretend to protect. Almost laughably, their leaders are now pretending they aren't the ones who clamoured for defunding, exposing themselves as liars and revealing they now realise how utterly ludicrous their policies have been.

In deliberately erasing our southern border, we are making a mockery of our sovereignty and national security and gutting what once might have been considered the unique American culture - a culture, by the way, that respected God and promoted individual liberty, personal responsibility and human dignity, irrespective of race.

While our border is now a Biden - charged magnet for the infusion of millions of illegal aliens, Biden and Vice President Kamala Harris brazenly attempt to blame it on former President Donald Trump and daftly suggest we explore "root causes" for the mass migration, as if we don't know the exact, direct and proximate cause of this disaster and as if we can solve this by throwing money at liberty-deprived and corrupt nations. Does anyone really believe the reckless nonsense our pseudo leaders are mouthing? Have they no shame, self-awareness or capacity for embarrassment?

We are spending federal money as if there were no tomorrow, and incidentally, thereby ensuring that there might not be. Indeed, while our national debt is hyper-stratospheric, these White House lunatics are determined to make it higher permanently, all under the fraudulent auspices of racial justice and equity.

This Democrat Party doesn't even aspire to reduce spending. Having ingested the sweet narcotic of endless government spending, they continue behaving as if they really believe we'll never have to experience the consequences of their profligacy. We are already seeing alarming inflation across the board as a direct result of this madness. But our self-important clowns cavalierly dismiss these concerns, proudly believing they can fool reality by artificially tinkering with interest rates from their ivory towers.

While gas prices are soaring because of Biden's war on domestic energy and quixotic pursuit of environmental utopia, he and his handlers are doubling down here, too - with the unconcealed aim of destroying our only realistic, reliable and affordable sources of energy.

Our ruling class is behaving as a group of adolescent children whose parents are on permanent vacation and left them their chequebook along with the keys to the car and liquor cabinet. Where are the adults?

On top of all this, while patriotic Olympians gratefully honour the flag, a leftist activist one spits on it - as the cowardly (or unpatriotic) Biden administration stays silent about this disgrace, just like it stays silent as Israel-and-America-hating Rep. Ilhan Omar retracts her retraction of her latest anti-semitic slur.

Honestly, I can barely stand to watch the unfolding horror show, which gets more chilling with every real-life scene. But I can't change the channel, nor can you. As a once self-ruling people, we are effectively impotent, at least in the short term, to alter our collision course with Dante's Ninth Circle of Hell.

I know I'm not the only one who feels this way and who is seeing this nightmare with eyes wide open. In fact, I'd bet that most Americans sense something is drastically wrong and that this nation is rapidly slipping away right before our eyes as we squander the legacy of liberty bequeathed to us by preceding generations of patriots who toiled and bled to secure and preserve for themselves and us the things that we once knew matter the most.

I realise the race-baiters and gaslighters believe they have us finally muzzled, but they will soon find we haven't given up. They haven't deflated us; they haven't weakened our resolve. They have emboldened us to take our country back, and I believe we will, I truly believe we will." 

  

We have just listened to an emotional Toby Keith singing for the 4th. of July, 2021 -  "Happy Birthday America - all the broken down cities by the left's design - I get to wake up in your freedom; sometimes I wonder why. Happy Birthday America - whatever's left of you". Made us feel emotional too.

That's it for this week - hope everyone has had a good week..........................

Cheers and lotsaluv from us in the City of Eternal Spring,

Jim and Jean

Medellin

Colombia