“America’s “Corona 2020 Great Depression”: US Federal Budget Deficit Hits $3.1 Trillion”

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Also see:

Bill Gates and MIT unveil quantum dot technology to mark children’s skin so they can be scanned for vaccine compliance:

MIT researchers, funded by the Bill and Melinda Gates Foundation and the National Cancer Institute, have come up with a totalitarian “mark of the beast” vaccine tracking and scanning system.

This new technology uses nano-crystal dyes called quantum microdots. This pattern of dye contains data, signifying that a vaccine has been received into the person’s body. This pattern of dye is embedded under the skin as a vaccine is injected into the human recipient. The dots are 4 nano-meters in diameter and are encapsulated in a spherical arrangement of bio-compatible micro-particles that are 20 microns in diameter. This arrangement allows the dye to remain fixed in place under the skin upon injection.

This “mark of vaccine submission” emits near infrared light that is invisible to the eye but can be detected and scanned by a specially-equipped smartphone. The microdot pattern could additionally contain information on the lot number of the vaccine batch, the date of vaccine administration, and other unique health information…

DB Note: I wonder how many of you sheep will allow your children to be technologically raped in this manner? My guess is quite a few of you, but not all, as it turns out:

Americans of all political stripes unwilling to get jabbed for coronavirus:

Getting vaccinated for the … coronavirus (COVID-19) is an increasingly unpopular idea in America, where people who land all across the political spectrum are deciding in droves to skip the future jab for their own protection.

Tara Granger, a 36-year-old nurse from New York who traditionally supports vaccination, says she has no intention of getting any of President Trump’s Operation Warp Speed vaccines. Her decision has nothing to do with the president, though, and everything to do with her valid concerns about the safety and effectiveness of the jabs.

While her job will almost certainly require her to push COVID-19 vaccines on patients once they become available, Granger has already determined that she will personally forego the jab, which she described to the New York Post as entirely unnecessary…

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“Covid is the final act in the transference of wealth to the top 1%. And culture is being destroyed along with everything else. Cinemas are closing, permanently, theatres, too, permanently, and museums. Galleries and other art spaces are shuttered, likely to never reopen. Something like 30 million jobs have been lost. There is an acute desperation across America.

Who survives? Amazon, Netflix, Google, Comcast, Facebook, et al. Those who control the screens control the world. It is a new morning in hell.” (source)

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Quote from the following article:

The Concentration of Money Wealth

While the real economy is in shambles, the concentration of money wealth has increased. The combined wealth of U.S. billionaires has increased by $850 billion since March 18th, 2020, an increase of over 28 percent. (See IPS study).

Those who have enriched themselves in the course of the corona crisis have generously offered to help. They are the global creditors.

In September,  The US GDP was of the order of $19.54 trillion, the US National Debt was of the order of $26.71 trillion. 

The financial establishment including America’s billionaires are the creditors of real economy capitalism, including the State apparatus which is slated to be privatized…

Cui Bono: “who stands, or stood, to gain (from a crime, and so might have been responsible for it)?”

Ask yourself this question, and then read the following:

America’s “Corona 2020 Great Depression”: US Federal Budget Deficit Hits $3.1 Trillion

By Prof Michel Chossudovsky

On March 11, the governments of 193 member states were ordered to close down their national economies as a means to combating V-The Virus.

Corporate bankruptcies, mass unemployment and poverty: The closure of the planet’s real economy has triggered a global debt crisis affecting all sectors of economic activity. 

In country after country, tax revenues have collapsed, the public debt has gone fly high. 

The real economy Worldwide is in a state of shambles. According to the OECD (July 15 report) “45% of US businesses experienced disruptions in supply chains; 25% of businesses have less than 1-2 months cash reserves.“ (OECD). According to a survey of over 5 800 small businesses in the United States:

” … 43% of responding businesses are already temporarily closed. On average, businesses reduced their employees by 40%. Three-quarters of respondents indicate they have two months or less in cash in reserve. … (OECD)

These estimates were based on April-June figures.

In June, the possibility of a Covid-19 “Second Wave” was announced. In course of the last three months, the fate of  the real economy Worldwide in country after country has been marked by a renewed string of bankruptcies (large corporations and Small and Medium Sized enterprises).

The Concentration of Money Wealth

While the real economy is in shambles, the concentration of money wealth has increased. The combined wealth of U.S. billionaires has increased by $850 billion since March 18th, 2020, an increase of over 28 percent. (See IPS study).

Those who have enriched themselves in the course of the corona crisis have generously offered to help. They are the global creditors.

In September,  The US GDP was of the order of $19.54 trillion, the US National Debt was of the order of $26.71 trillion. 

The financial establishment including America’s billionaires are the creditors of real economy capitalism, including the State apparatus which is slated to be privatized.

Under the “new normal”, the entire State structure will be under the control of powerful creditor institution. What is envisaged is The Great Reset: a so-called public-private partnership under the auspices of  the World Economic Forum (WEF).

The US Budget Deficit and the Public Debt 

The US federal budget deficit has hit an all-time high of $3.1 trillion in the 2020 budget year (September), “more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring”:

“…the deficit for the budget year that ended on September 30 was three times the size of last year’s deficit of $984bn. It was also $2 trillion higher than the administration had estimated in February, before the pandemic hit”

It was the US government’s largest annual shortfall in dollar terms, surpassing the previous record of $1.4 trillion set in 2009. At that time, the administration of President Barack Obama was spending heavily to shore up the nation’s banking system and limit the economic damage from the 2008 financial crisis.

The 2020 deficit, in terms of its relationship to the economy, represented 15.2 percent of total gross domestic product (GDP), the sum of all the goods and services produced by the country. That was the highest level since 1945, when the US was borrowing heavily to finance World War II.

The administration’s final accounting of the 2020 budget year shows that revenues fell by 1.2 percent to $3.42 trillion, while government spending surged 47.3 percent to $6.55 trillion. That spending reflects the relief programmes Congress passed in the spring to support the economy as millions of Americans were losing their jobs. Al Jazeera 

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Source: America’s “Corona 2020 Great Depression”: US Federal Budget Deficit Hits $3.1 Trillion – Global ResearchGlobal Research – Centre for Research on Globalization


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