Herland Report: The Panic Fear of Corona is the new 9/11: The panic fear of the Sars Coronavirus COVID-19, not the virus itself, may be the very element that brings about the upcoming major economic decline and restructuring of ownership all across the West.
[pullquote]The geopolitical shift caused by the fear created in 9/11 still shakes the world, the fear of Corona brings us yet another shift.[/pullquote]This is mysterious, indeed, quite fishy. The Corona has so far delivered way fewer deaths than most other yearly influenzas, yet the media frenzy is all time high. Truth is, we will all get it, almost. 60-80 % of the population will get the Corona virus, says British authorities.
650 000 people die yearly of a regular influenza, according to the WHO. The US numbers for yearly deaths due to regular flus are, as CNN reported in 2018 around 80 000 dead. Nobody compares seasonal influenza to Corona, and this way the massive fear of death is kept high.
[pullquote]The geopolitical consequences of a bug, Corona virus, will be detrimental and could change world power play in a less unipolar world order.[/pullquote]Compared to Chinese numbers from Corona, even if under- or over reported, the 2018 US influenza was much more pandemic. Yet, no media pumped that story up back then.
What is particularly interesting is the geopolitical effect of the fear of this bug. Like 9/11, the fear of the masses was the key that made the War on Terror possible.
Russia’s role in helping China is key, see below. The geopolitical consequences of the current bug, Corona virus, will change world power play in a less unipolar world order.
The number of Corona deaths could, of course rise to massive counts. Corona is a light to medium flu, mostly dangerous to the elderly or those who already suffer from respiratory illnesses. Risk lies in the capacity of the heath service to handle respiratory complex treatment, writes historian of comparative religions, author and founder of The Herland Report, Hanne Nabintu Herland.
Who pushes the panic?
The Panic Fear of Corona is the new 9/11: Many state that the illness is unknown to us. Yet, China has been through the curve, we have seen its toll, they are demobilizing field hospitals as of now and sending the equipment to Italy and other countries.
The Corona consequence in China is not unknown. Pr. March 15th, China reports a total of 80.849 sick from Corona, 3.199 dead and 66.931 recovered, six to eight weeks peak. Even considering Chinese under reporting, the numbers are still very low compared to regular influenzas.
Israeli scientists already claim the Corona vaccine is weeks away. Whoever owns that vaccine, is of course set to earn billions.
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‘People think this virus is going to attack them all, and then they’re all going to die,’ says the Israeli Prof. Jihad Bishara. ‘Not at all. In fact, most of those infected won’t even know it.’ He strongly urges people to calm down and world leaders to stop enhancing the panic.
So, why does the media and world leaders push such panic over Corona, but not over regular flus that kill hundreds of thousands more?
Who will profit from the Corona panic as the economy plunges and massive bankruptcies require new owners and new liquidity to the market? Whoever has shorted this, gains billions right now.
Russia’s “no” and fear of Corona changes geopolitics
The Panic Fear of Corona is the new 9/11: This crisis bears a number of resembling factors to the 9/11 – September 11, 2001 tragedy in New York. The shock delivered to the population as everyone thought they were going to die, left space for others to create gain.
The geopolitical shift caused by the fear created in 9/11 still shakes the world, the fear of Corona brings us yet another shift.
The role of Russia is particularly interesting, as Russia’s “no” in the OPEC+ meeting with Saudi Arabia, as the suggestion was to keep oil prices high in response to reducing markets in China due to Corona, is key.
This shocked the market on Monday last week, plunging the oil price to yet another low, with the potential of shutting down US shale oil.
Russia said no to participate in the proposed OPEC cuts, stating that it would be wise to see how much worse the Corona virus hits before deciding to cut prices.
Saudi Arabia answered, surprisingly, by increasing its production, in an attempt, says analysts, to punish Russia from leaving the united front of the OPEC+ alliance. This caused the 30 % drop in prices. This kick-starts China’s economy post Corona.
Remember that Saudi Arabia’s most important customer is China. Both Russia and Saudi Arabia profit sales from enabling China to gain.
Saudi Arabia and Russia have worked to keep up the oil market since 2016, a collaboration that now has ended. There was consensus among OPEC members to cut production 4 % of global supply, but Russia objected and said that from April 1st, everyone can produce whatever they like.
Shale needs an oil price of around 60 USD a barrel, Russia only needs around 20 USD a barrel and the nation is almost debt free, according to analysts. As the talks broke down, and Russia did not concur to drop production and keep the prices high, Russia effectively took a sharp hit at US shale, detrimentally shaking the market.
One has to question, why would Russia help US shale out of the bin? Russia has been slammed with all kinds of US sanctions the past years, causing poverty and extreme distress in the Russian population, low pensions and so on.
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The Panic Fear of Corona is the new 9/11: This was the payback and protection of Russian assets, that any nation would have done to protect national interests. Even the massive NATO exercise is now cancelled, NATO itself shaking.
Both Russia and Saudi Arabia have been challenged by US shale, as the United States has become independent from the Saudi oil the past few fracking years.
As Russia, Saudi Arabia and the US now soar as top oil and energy producers in the world, the competitiveness is obviously high.
Putin’s “no” this time, sent the US and the West into a financial melt down combined with the fear of Corona that one may assume not even Putin could have anticipated. To him it must seem like “the hand of God”.
The fear of a bug pushed by media changes geopolitics
The Panic Fear of Corona is the new 9/11: Remember the story from the Old Orthodox Testament, in the Book of Second Kings, chapter 7, where the Israelis were surrounded by all kinds of enemies, ready to cut them down? Four lepers decided, since they were going to die anyway, to walk down to the enemy camp and see what was going on.
As the story goes, the enemy armies were so struck by fear of the four lepers, as somehow they heard an army of thousands coming from the steps of the four sick men. Struck with fear, alarm gripped their hearts and they ran and left the battlefield, leaving all valuable belongings and military equipment behind. The fear of a small bug did the trick.
The geopolitical consequences of the current bug, Corona virus, will be detrimental and could change world power play in a less unipolar world order. China is set to gain.
The psychology of the fear of Corona has so far produced the worst market crash since the 1980s or even earlier. The media hype is key.
Do the owners of the mainstream press have market interests? Oxfam numbers show around 60 individuals own over 50 % of world assets, will we see ten individuals own it post-Corona? Or will we see unintended consequences?
The US and the United Kingdom have so far chosen different approaches than the EU to the emergence of the Corona flu.
On the continent and in Scandinavian countries such as Norway, Denmark, panicking political leaders have unbelievably chosen full economic shut-down of restaurants, barber shops, retail, almost everything except food stores, pushing the nations into a massive break-down of their economies and brutal recession.
Who on earth advises European leaders to shut down their own economies over what their own health authorities call a mild to medium flu? Who are they listening to?
UK and EU different respons indicate who will recover quicker
The Panic Fear of Corona is the new 9/11: The US and UK stress the need to keep business running and daily life open as long as possible, targeting high risk groups.
The UK national emergency plan focuses on the most endangered, on equipping hospitals, avoiding contact, keeping business open, the country now flooding with respiratory masks.
Prime minister, Boris Johnson prescribes caution and the need to consider avoiding plunging the country into even deeper troubles. The UK is not as hardly hit by Corona as mainland EU Europe, which may change in the weeks to come and the approach likewise.
The US and UK seem coordinated in their approach and are set to gain on their measures, providing the virus does not accelerate out of proportion.
The EU choice of total shut down of the economy is a remarkably quick response. It may prove to produce a much worse decline and economic recession than the virus itself.
The massive recession ahead all across Europe, brutally enhanced by EU government’s panic shut-down of daily life, will result in catastrophic bankruptcies.
Coffee shops, restaurants, entertainment, airlines, energy companies, green energy companies, retail and so on will plunge like concrete. Hundreds of thousands without a job. 1929 yet again.
The result will, in a few months, be a massive shift of ownership as the back of the old system is broken.
As panic sets in EU Europe, precisely the shut-down of shops and industries over a virus that has not caused even a tenth of the amount of deaths that Europe yearly experiences, may prove to be the very worst irresponsible action, much worse than the Corona itself.
It may mark yet another ending point of Western hegemony, as Russia quietly celebrates a very low debt rate with a highly competitive oil industry, and China is on the rise post-Corona.
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Also check out these topics at CNN or FOX News. Other sources may be New York Times, USA Today, the Washington Post or from the British angle, BBC, The Guardian, The Telegraph or Financial Times.
