Sep 172021
 
 September 17, 2021  Posted by at 8:54 am Finance Tagged with: , , , , , , , ,


Henri Matisse The painter and his model1916-17

 

Interview with Dr. Vanessa Schmidt-Kruger (Enformt)
Biden Seizes And Rations Supply Of Life-Saving Monoclonal Antibodies (RT)
Delta Poised To Acquire Full Resistance To Wild-type Spike Vaccines (Biorxiv)
Israeli Study Claims Covid Vaccine Boosters Reduce Infection Risk TENFOLD (RT)
Pfizer, Moderna Release Data Supporting Booster Shot (Claus)
UK Study To Test Mixed Covid Vaccines On Children & Teens (RT)
The Plot Against Ivermectin (Bonvie)
France Suspends 3,000 Unvaccinated Health Workers (F24)
China Fully Vaccinates More Than 1 Billion People (RFI)
Clinton Lawyer Michael Sussmann Indicted For Lying to FBI (CTH)
Powell, Juggling Policy And Renomination, Now Faces An Ethics Blowup (R.)
Powell Orders Ethics Review Of Federal Reserve (JTN)
China Braces For “Nightmare Scenario” As Evergrande Collapses (ZH)

 

 

 

 

 

 

 

 

Remember a lot of these people died because early treatment and prophylaxis was forbidden. And what’s with the white flags? We surrendered?

 

 

Been reading up on this a little. This is from January, but interesting. About the consistency (integrity) of the vaccines. Which changed a lot from clinical trials to mass production. Who knew? They’re not the same substance at all.

Hearing # 37 of German Corona Extra-Parliamentary Inquiry Committee. 30 January, 2021

Interview with Dr. Vanessa Schmidt-Kruger (Enformt)

We know that normally vaccine development takes a very long time. It’s not just the clinical phase: with this vaccine, it’s set at three times two and a half years, i.e., three phases of 2.5 years each plus the evaluation phase, which makes 7 1/2 years in total. And then one shouldn’t forget that the production optimisation is also important, at least a year would surely be needed for that. That hasn’t taken place at all. The vaccine is already being sold and used, but the production optimisation isn’t yet by any means completed. And there are considerable deficiencies. One issue I would like to discuss are the deficiencies relating to the active substance: by that, I mean the modified RNA that they are synthesising.

As a second issue there are deficiencies in the consistency of the various production batches: they need to always be consistent so that one always obtains the same vaccine volume and quality. The problem that BioNTech had is that in the clinical phase the product, i.e. the RNA, was produced with completely different techniques to how it is being produced now. During the clinical phase they only needed small volumes of vaccine, they were able to use very expensive techniques that delivered highly purified end products. Now that they have entered mass production, that is no longer possible, they have had to switch to lower-cost processes, e.g. using huge quantities of DNA that functions as the substrate to be able to produce the RNA in an in-vitro transcription reaction.

This is done via bacteria, via the fermentation of transformed bacteria that contain this DNA. The bacteria multiply the DNA in huge amounts, and this leads to new dangers or risks, particularly contamination. At the moment for instance the situation is that the DNA is transformed in the bacteria, it is multiplied, next the bacteria are opened and the DNA is extracted, then it is linearised via enzymes, and after that the linearised DNA undergoes in-vitro transcription to produce the RNA using various procedures. The EMA Committee made various requirements of the vaccine manufacturer, i.e. BioNTech. The applicant needs to now develop and introduce various analysis processes to ensure that the substrate is free of microbiological contaminants – they probably mean E Coli bacteria for example.

There don’t seem to be any processes to ensure or monitor for that. They also need to ensure that all the buffers – those are the solvents that are used – are free of RNAses. RNAses are enzymes that degrade RNA. If there are any contaminants of these RNAse solvents, then RNA in the vaccine will be degraded and the vaccine won’t have any effect anymore. They also have to analyse how strong the activity of the enzymes is; that is very important because I explained that after that the RNA is transcribed from the DNA and then the DNA has to be eliminated, it is digested by enzymes: by DNAses. And if this DNA is not digested well enough, if residues are left, this harbours risks – I’ll come back to the risks from DNA residues, but the activity of the enzymes has to be monitored well and at the end you need to have a pure RNA without any more DNA. And that is not the case. BioNTech has admitted that there are DNA contaminants.

[..] It was found that the integrity of the RNA always varies in the batches that had been made. I will come back to that again. There needs to be a standard that is always the same for each batch. This should be used as the reference to measure the standard. And they only have this of course for the processes of the clinical phase. Now we have to generate a new standard for the new manufacturing processes, i.e., for the commercial sales. That hasn’t been done yet, they are in the process of doing that now.

So – the integrity of the RNA means of course the RNA quality. They have found that this is not very high: it was higher for the processes during the clinical phase. In this report they don’t say how high it is, but I have other information that says 78% of the RNA was good [translator: this refers to the integrity], the remainder was not, but now they have found new batches with only 55% RNA integrity, i.e., half of it is basically unviable.

Read more …

Politics kills. The only shortages here are those that are created. “The manufacturer has confirmed supplies are ample..”

Biden Seizes And Rations Supply Of Life-Saving Monoclonal Antibodies (RT)

Seven southern US states, mostly led by Republican governors, say they are now facing shortages of monoclonal antibody treatments for Covid-19 after the federal government took over the distribution, citing the need for “equity.” Monoclonal antibodies (MAB) are lab-created proteins that help those already infected deal with the virus. They have been intensively deployed in Alabama, Georgia, Florida, Louisiana, Mississippi, Tennessee and Texas – states dealing with the recent surge of Delta-variant cases. With the exception of Louisiana, they are all run by Republicans. On Wednesday, the Biden administration announced it would take over the distribution of these treatments using the Defense Production Act and would be centralizing them under the Department of Health and Human Services (HHS). A HHS spokesperson said this was being done to avoid shortages, as the seven states account for 70% of all orders.

“Given this reality, we must work to ensure our supply of these life-saving therapies remains available for all states and territories, not just some,” the spokesperson told CNN. “HHS will determine the amount of product each state and territory receives on a weekly basis. State and territorial health departments will subsequently identify sites that will receive product and how much,” the spokesperson said. “This system will help maintain equitable distribution, both geographically and temporally, across the country – providing states and territories with consistent, fairly-distributed supply over the coming weeks.” Florida Governor Ron DeSantis, a Republican who has clashed with President Joe Biden on Covid policies – from mask mandates to compulsory vaccination – said that the move has resulted in cutting the supply to his state by more than 50%.

The federal government has allocated fewer than 31,000 doses to Florida this week, while the average need for hospitals and state clinics is 72,000, his office said. DeSantis said on Thursday that he has reached out to GlaxoSmithKline, another pharmaceutical company, to purchase their MAB treatment in order to make up the shortfall. In Texas, the Biden administration told the state “to reduce its use of the therapeutic treatment that has literally been saving lives and reducing hospitalizations,” Mark Keough, a judge in charge of Montgomery County, just north of Houston, said in a Facebook post on Tuesday. “The manufacturer has confirmed supplies are ample but due to the Defense Production Act, the White House and it’s agencies are the only entities who can purchase and distribute this treatment,” Keough added.

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“.. it is necessary to develop vaccines that protect against such complete breakthrough variants..”

There has never been a vaccine against a coronavirus, but this is all you can take away from this?

Delta Poised To Acquire Full Resistance To Wild-type Spike Vaccines (Biorxiv)

mRNA-based vaccines provide effective protection against most common SARS-CoV-2 variants. However, identifying likely breakthrough variants is critical for future vaccine development. Here, we found that the Delta variant completely escaped from anti-N-terminal domain (NTD) neutralizing antibodies, while increasing responsiveness to anti-NTD infectivity-enhancing antibodies. Although Pfizer-BioNTech BNT162b2-immune sera neutralized the Delta variant, when four common mutations were introduced into the receptor binding domain (RBD) of the Delta variant (Delta 4+), some BNT162b2-immune sera lost neutralizing activity and enhanced the infectivity.


Unique mutations in the Delta NTD were involved in the enhanced infectivity by the BNT162b2-immune sera. Sera of mice immunized by Delta spike, but not wild-type spike, consistently neutralized the Delta 4+ variant without enhancing infectivity. Given the fact that a Delta variant with three similar RBD mutations has already emerged according to the GISAID database, it is necessary to develop vaccines that protect against such complete breakthrough variants.

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Wait, where is that graph?

Israeli Study Claims Covid Vaccine Boosters Reduce Infection Risk TENFOLD (RT)

A third dose of Pfizer’s vaccine could cut the risk of Covid infection by more than 10 times in elderly patients, according to an Israeli study, which was peer-reviewed just ahead of a key FDA meeting on boosters for Americans. Published in the New England Journal of Medicine on Wednesday night, the newly peer-reviewed study found that infections and severe Covid cases “were substantially lower among those who received a booster (third) dose of the [Pfizer-BioNTech] vaccine” compared to those who took only two. “The rate of confirmed infection was lower in the booster group than in the nonbooster group by a factor of 11.3,” the study said, also finding the rate of severe illness was slashed by nearly twentyfold, or by a factor of 19.5.


The findings are based on a review of official data for some 1.1 million Israelis over the age of 60, who were divided into two groups: those who received a booster within 5 months of their second dose, and those who did not. Citing ‘other recent research’, the study noted that vaccine-induced immunity could drop significantly in just six months after a recipient’s second dose – providing only twice the protection compared to non-vaccinated individuals. After a third shot, however, effectiveness was pushed back up to 95%, “a value similar to the original vaccine efficacy reported against the alpha variant,” the study said. While the researchers said they did their best to correct for any potential biases in the data, they acknowledged that their findings could reflect “behavioral changes after vaccination” rather than improved immunity alone, as the study did not attempt to measure antibody levels and instead relied on official case counts.

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Brave New Bizarro World.

Note that this is based on research from before mass vaccination.

“88 known breakthrough cases out of 11,431 individuals who had been vaccinated between December of 2020 and March of 2021, compared with 162 such cases out of a total of 14,746 trial subjects who had received their inoculations in July through October of 2020.”

Pfizer, Moderna Release Data Supporting Booster Shot (Claus)

Late on Wednesday, the pharmaceutical firm Moderna released new data regarding breakthrough cases of the coronavirus that it says supports the need for a third booster shot of its coronavirus vaccine. Earlier the Pfizer Corporation had announced that evidence from Israel shows a third coronavirus vaccine shot restores protection back up to the original effectiveness rate of 95% as it made the case to the US Food and Drug Administration for boosters. Pfizer stated that the need for the authorization of a booster shot is in response to what it called an “urgent emerging public health issue” as the much more contagious Delta variant of the virus races across the globe.

Adding further assurance to those who may shun the third shot for fear of additional side effects, Pfizer officials stated that such occurrences are similar to those observed after receiving the second dose of the vaccine. For its part, Moderna officials offered up a new analysis that showed breakthrough Coronavirus cases were experienced less often in those who were more recently vaccinated, indicating that the effectiveness of the shot does indeed wane over time. The Cambridge, Massachusetts firm noted that analysis gleaned from its phase three study showed the incidence of breakthrough cases in fully vaccinated people, occurred less often in a group of trial volunteers who had been inoculated recently, suggesting that immunity for those who received the coronavirus vaccines has begun to wane. In all, Moderna cited a total of 88 known breakthrough cases out of 11,431 individuals who had been vaccinated between December of 2020 and March of 2021, compared with 162 such cases out of a total of 14,746 trial subjects who had received their inoculations in July through October of 2020.

[..] Meanwhile, FDA officials declined earlier on Wednesday to endorse any position regarding Pfizer’s third shots, saying that there is a lack of verified data at this point. As of now, there has been no peer review of the Moderna analysis. The new flurry of vaccine claims appeared on the scene just two days before an important FDA vaccine advisory committee meeting; this initial panel of outside experts is tasked with debating whether or not there is enough evidence to support the wide distribution of booster shots across the country. This advisory group, the Vaccines and Related Biological Products Advisory Committee, was also the first body to consider the first coronavirus vaccine to come on the market in November of last year. Now it will debate the administration of a third dose of the Pfizer/BioNTech product.

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But of course. “Informed consent” from a 12-year old. They should look you people up.

UK Study To Test Mixed Covid Vaccines On Children & Teens (RT)

British researchers are set to study the effects of mixed vaccine schedules on children and teens, hoping to figure out whether second doses have the intended immune response in youths amid concerns of possible side effects. Designed by the Oxford Vaccine Group and dubbed “Com-COV3,” the upcoming trial will recruit 360 volunteers aged 12 to 16 in order to better understand how to distribute second doses to younger age groups. The study comes soon after UK health officials approved Covid vaccinations for kids 12 to 15-years-old, which will begin next week.

“This will provide the [Joint Committee on Vaccination and Immunisation] with information crucial to informing their advice about immunising teenagers in the UK,” Matthew Snape, the trial’s head researcher and an associate professor in pediatrics and vaccinology at Oxford, told reporters on Thursday. While all trial participants will be given an initial dose of the Pfizer-BioNTech jab, second doses administered eight weeks later will be divided into four different groups: a full or half dose of Pfizer, a full dose of the jab developed by Novavax, or a half dose of Moderna’s immunization.

“As well as looking at the standard two full doses of the Pfizer vaccine, we will look at how well volunteers respond when their second dose of Pfizer is half that of the first dose, or if different vaccines are used altogether, such as the vaccines manufactured by Moderna or Novavax,” Snape added. However, while vaccinations for the 12-15 age group will begin in a matter of days, British health orgs have approved only a single dose for youths so far due to possible adverse reactions from additional shots. Snape explained the “concern here is about the risks of myocarditis, particularly with the second dose with Pfizer vaccine in young men.”

Bhakdi

Read more …

About the “horse paste” calls to the Mississippi Department of Health: “..not 70%, as stated by the state epidemiologist, Dr. Paul Byers, but under 2%..”

Q: does the state epidemiologist still have a job?

The Plot Against Ivermectin (Bonvie)

When the Mississippi Department of Health released a “Health Alert Network” bulletin on August 20th stating that “70% of the recent calls (to its state poison control)” were over people taking livestock versions of the human drug ivermectin, the media went wild. Outlets such as The Hill, The New York Times, The Washington Post and scores of local news stations reported on this “crazy Covid” treatment that so many Mississippians were taking. Only, it just wasn’t true. Despite a retraction by the Associated Press on August 25th on this “erroneously reported” information, the Mississippi alert created a media feeding frenzy generating sexy headlines over people taking a “horse dewormer” for Covid-19 that has persisted to this day – one reason perhaps being that the Mississippi Department of Health has kept the uncorrected alert still posted and in public view.

After several freedom-of-information-act requests, it turns out that the actual number of calls during August 2021 to Mississippi Poison Control over animal ivermectin was not 70 percent, as stated by the state epidemiologist, Dr. Paul Byers, but under two percent – representing 11 inquiries related to people taking veterinary versions of the drug. If you include July in the tally, it’s down to around one percent of calls. So why did the Mississippi Department of Health put out such erroneous information, one that still states that media-mesmerizing 70 percent number? At this point, various print and broadcasting outlets, major, minor and even alternative, all have their own spurious slants on the supposedly grave danger ivermectin veterinary drugs pose to a gullible public trying to treat or prevent Covid-19.

These range from a bogus report that doctors can’t treat gunshot victims at an Oklahoma hospital because they’re too busy handling ivermectin overdoses to claims of poison-control centers around the country being overrun with ivermectin calls to the slandering of an Arkansas prison doctor, accused of “cruel and unusual punishment” after prescribing human-grade ivermectin (referred to as “cow dewormer”) to his inmates to treat Covid. From the extensive research I’ve done, it appears that this “horse/cow dewormer” narrative went into full swing with the issuance of that Mississippi alert. Rather than work these facts into a story, I’ve compiled a timeline that begins on August 18.

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Our hospitals are overwhelmed! Let’s make it worse!

France Suspends 3,000 Unvaccinated Health Workers (F24)

Thousands of health workers across France have been suspended without pay for failing to get vaccinated against Covid-19 ahead of a deadline this week, Health Minister Olivier Veran said Thursday. “Some 3,000 suspensions were notified yesterday to employees at health centres and clinics who have not yet been vaccinated,” Veran told RTL radio. He added that “several dozens” had turned in their resignations rather than sign up for the jabs. That compares with 2.7 million health workers overall, Veran said, adding that “continued healthcare is assured”.


President Emmanuel Macron gave staff at hospitals, retirement home workers and the fire service an ultimatum in July to get at least one shot by September 15 or face unpaid suspension. Many nurses in particular have been reluctant to get vaccinated, citing safety or efficacy concerns, posing the risk that France’s inoculation drive could stall. France’s national public health agency estimated last week that roughly 12 percent of hospital staff and around six percent of doctors in private practices have yet to be vaccinated. Overall, 70 percent of the French have received both doses required to be fully vaccinated, which are available to everyone over age 12 — one of the highest rates in the world.

Read more …

“..most young children remain unvaccinated in China, sparking fears that the latest Fujian outbreak could hit the most vulnerable people in the country disproportionately.”

China Fully Vaccinates More Than 1 Billion People (RFI)

China has fully vaccinated more than one billion people against the coronavirus — 71 percent of its population — official figures showed Thursday. The country where the virus was first detected has mostly curbed the virus within its borders, but is racing to get the vast majority of its population vaccinated as a new outbreak flickers in the southeast. “As of September 15, 2.16 billion vaccine doses have been administered nationwide,” said National Health Commission spokesman Mi Feng at a press briefing. Chinese health authorities said late last month that 890 million people in China had been fully vaccinated and two billion doses administered.


The government has not publicly announced a target for vaccination coverage, but top virologist Zhong Nanshan said last month that the country is likely to have 80 percent of its population inoculated by the end of the year, reaching herd immunity. China is currently battling an outbreak of the Delta variant in the southeastern province of Fujian that has infected almost 200 people so far in three cities, dozens of whom are schoolchildren. The Fujian cluster is the biggest rebound in weeks and comes after the country declared the Delta variant under control, in a test of China’s “zero-case” approach to the pandemic. China reported 49 new domestic transmissions on Thursday, the vast majority in Fujian. Authorities said the cluster’s suspected patient zero was a man who had recently returned from Singapore to the city of Putian, and developed symptoms after completing a 14-day quarantine and initially testing negative for the virus.

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But what role did the FBI play in this?

Clinton Lawyer Michael Sussmann Indicted For Lying to FBI (CTH)

U.S. Special Counsel John Durham has released an indictment of Perkins Coie lawyer Michael Sussmann for lying to federal investigators in 2016 about the people and motives behind his FBI contact. He failed to tell them his intent was to spread a false Alfa Bank conspiracy theory on behalf of the Clinton campaign. Working for the Perkins Coie law firm, while under contract with Hillary Clinton’s campaign, partner Michael Sussmann contacted FBI Legal Counsel James Baker to pitch evidence that a Russian bank was in digital communications with servers in Trump Tower. The Alfa Bank allegation was one of the key components for the ridiculous Trump-Russia narrative put together by the Hillary Clinton campaign. Sussmann wanted the FBI to investigate Donald Trump, so that Hillary Clinton could push a political fabrication about Donald Trump working with Russians to steal the presidential election.


According to the indictment, Sussmann failed to tell the FBI that he was giving them this information on behalf of the Clinton campaign. The FBI investigated the claims and found nothing; however, it was the appearance of the investigation that Clinton needed in order to leak/push the Trump-Russia story to the media and stir up the controversy. There had to be something to the “Trump-Russia” story, because the FBI was investigating it. That fabricated smear served its intended purpose, and the media ran with it.

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Do they present it this way so you will think the Fed is accountable to you?

Powell, Juggling Policy And Renomination, Now Faces An Ethics Blowup (R.)

It is perhaps as predictable as it is problematic: Within days of news that two Federal Reserve bank presidents had engaged in controversial stock trades, one of the fiercest critics of the U.S. central bank’s financial system oversight demands new ethics rules that would bar such dealings in the future. For Fed Chair Jerome Powell, however, it is the wrong problem at the wrong time. Under consideration for reappointment as Fed chief while also juggling how to pull off a critical change in U.S. monetary policy, Powell faces a controversy of the Fed’s own making that helps reinforce arguments by progressives for broader change at the central bank.

Powell remains favored for renomination by President Joe Biden, and if history is a guide a decision may come in the weeks between the Fed’s policy meeting next week and its two-day session on Nov. 2-3. That would match a point in the calendar when the last two Fed chair appointments have been announced. Democratic Senator Elizabeth Warren’s Wednesday letter to the Fed’s 12 regional presidents asking them to “impose strong and enforceable ethics and financial conflicts of interest rules” and send her an action plan “no later than Oct. 15,” is at a minimum a distraction to Powell at a time when he is steering the Fed through complex debate over monetary policy.

The Fed meets next week and is expected to take a potentially decisive step that flags likely changes to some of its pandemic crisis programs at an upcoming meeting. It is the type of moment that requires deft communication at the Fed chair’s post-meeting press conference – now muddled by likely queries about his colleagues’ investing habits and the possible blow to public trust. “Institutionally, it’s a bad look,” said Tim Duy, chief U.S. economist at SGH Macro Advisors and an economics professor at the University of Oregon. “It’s better to get ahead of this.” Powell has moved to do so, launching a broad review of the Fed’s rules governing investments by senior officials.

But unless change comes quicly, Warren’s direct demands set up a possible clash with a key Democratic lawmaker when Biden’s eventual Fed pick goes for Senate confirmation. Warren, a member of the Senate Banking Committee, which will provide the initial vetting of the nominee, voted against Powell as Fed chair four years ago, has criticized the Fed’s approach to financial regulation on his watch and has yet to state an opinion about his possible renomination. She credited the move by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren to sell the investments in question, but said a decision “made amidst an ethic firestorm” left no guarantee “that Fed officials are acting solely in the public interest, not based on their own financial interests.”

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Thought I’d add this one because of this line:

“Current Fed regulations forbid the trading of individual stocks by senior officials around the time of policy meetings due to the sharing of information that could have significant influence on the nation’s economy.”

You mean like 15 minutes before and 15 mimues after, but otherwise you’re fine?

Powell Orders Ethics Review Of Federal Reserve (JTN)

Federal Reserve Chairman Jerome Powell ordered staff to review ethics guidelines governing the financial dealings by top central bank officials. News of Powell’s inquiry broke after Sen. Elizabeth Warren, D-Mass., sent 12 letters to the Fed’s regional banks demanding stricter ethics guidelines be implemented by the Fed’s top officials. The Massachusetts Democrat called on each president to ban the ownership and trading of personal stocks by top officials at each regional bank office. Powell requested the ethics review late last week, a spokesperson said in a statement, following reports that two regional presidents actively invested during 2020. A Fed spokesperson told CNBC that Powell ordered the review “because the trust of the American people is essential for the Federal Reserve to effectively carry out our important mission.”


According to documents released last week, Fed Presidents Robert Kaplan and Eric Rosengren both bought or sold private stocks in excess of $1 million dollars. Other Fed presidents reported little to no trading activity. Amid the public backlash and scrutiny from Congress, both Kaplan and Rosengren said they would sell any individual stock holdings by the end of the month. Current Fed regulations forbid the trading of individual stocks by senior officials around the time of policy meetings due to the sharing of information that could have significant influence on the nation’s economy. Powell emphasized that although it is not illegal for regional presidents to buy or sell stocks, the Fed’s internal rules require officials to avoid even the appearance of conflict or of using their position for personal gain.

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“..unfinished properties with enough floor space to cover three-fourths of Manhattan..”

China Braces For “Nightmare Scenario” As Evergrande Collapses (ZH)

Up until now the collapse of China’s Evergrande was very much a slow motion affair, captured perhaps best by Forte Securities trader Keith Temperton who said that “the Asian banks will get hit hard if there’s a default, but then there will be a 10-year recovery process. The market’s getting a hang of it. The way they’ve managed the news flow seems quite clever. They haven’t let a swathe of bad news at once.” But while Beijing was indeed successful in extending the period of collapse as long as possible, now that Evergrande is effectively insolvent and having suspended its bonds from trading we have finally gotten to the endgame and the realization that hundreds of billions in capital (Evergrande’s total debt was just over $300 billion) is gone for ever.

This realization has already prompted angry protesters at China Evergrande Group offices across the country as the developer has fallen further behind on promises to more than 70,000 investors. Construction of unfinished properties with enough floor space to cover three-fourths of Manhattan grinds to a halt, leaving more than a million homebuyers in limbo. In an effort to appease its angry (and very soon, poor) stakeholders, Evergrande plans to let consumers and staff bid on discounted properties this month to repay them for billions in overdue investment products as the embattled developer seeks to preserve cash, according to people familiar with the matter.

According to Bloomberg, the company will organize an online property event by Sept. 30 for investors who opt for discounted real estate in lieu of cash, said two employees who were briefed on an internal call Thursday and asked not to be identified. The world’s most-indebted property developer is pushing the discounted real estate as the preferred of three options for angry investors seeking repayments. The high-yield “shadow bank” products paying as much as 13% a year have become a lightning rod for cash-strapped Evergrande, with investors and staff protesting losses and delayed payments from investments that were marketed as safe. Indeed, demonstrations that are breaking out across China could sway any bailout decisions by the government, which places a high priority on social stability, although it’s likely too late for that.

More than 70,000 people bought the products, including many Evergrande employees, Bloomberg reported earlier, citing an executive of Evergrande’s wealth division. And with about 40 billion yuan ($6.2 billion) of them are now due according to Caixin, there is about to be a whole lot of angry investors, who will not be swayed by the company’s hail mary plan to offer steep discounts on property assets. Investors can invest in residential housing units at a 28% discount, offices at a 46% discount and stores and parking units at 52%. Discounted rates can’t be lower than price floors designated by local governments. The property discounts are a voluntary repayment option, according to the briefing.

[..] As Bloomberg notes, it’s impossible to know for sure what would happen if Beijing allows Evergrande’s downward spiral to continue unabated, but China watchers are already mapping out worst-case scenarios as they contemplate how much pain the Communist Party is willing to tolerate. Pressure to intervene is growing as signs of financial contagion increase and as more and more popular anger builds. “As a systemically important developer, an Evergrande bankruptcy would cause problems for the entire property sector,” said Shen Meng, director at Beijing investment bank Chanson & Co. “Debt recovery efforts by creditors would lead to fire sales of assets and hit housing prices. Profit margins across the supply chain would be squeezed. It would also lead to panic selling in capital markets.”

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There’s a Cuomo in there!

 

 

 

 

 

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Home Forums Debt Rattle September 17 2021

Viewing 40 posts - 1 through 40 (of 43 total)
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  • #87359

    Henri Matisse The painter and his model1916-17   • Interview with Dr. Vanessa Schmidt-Kruger (Enformt) • Biden Seizes And Rations Supply Of Life-
    [See the full post at: Debt Rattle September 17 2021]

    #87360
    Veracious Poet
    Participant

    ANECDOTAL ~ Entire entourage sick after North East England gig:

    We played a gig at a small bar last Sunday, went down great.

    Late afternoon Tuesday I started feeling a little “sniffly”. By yesterday afternoon I was feeling as if I had a cold. Mrs Ayns came in from work and was feeling the same. About 8’o’clock I was feeling a bit worse so took a Lem Sip. Around 9 I got a text from our bass player saying he was feeling quite ill and suspected coronavirus. Ten minutes later our other guitarist said the same. By this morning our singer and drummer both confirmed they are also feeling unwell. So that’s 7 from 7 (5 in the band and 2 wives) who went to the gig are all unwell. All have been double vaccinated. I’m actually feeling much better today, but so far the 2 that have been tested are positive for coronavirus and the other guitarist expects to be positive when he gets tested later today. Others have tested negative *so far*. So unless I start to feel worse I’m going to assume I’ve got it and self isolate for 10 days.

    https://www.thegearpage.net/board/index.php?threads/our-entire-band-is-unwell.2288738/

    Note: This is in the Pub, the only non-public forum on The Gear Page (I’m also a musician since I was 12), anyone can create a free account if they want to read the whole train wreck…

    Here’s a few of the Thank god you’re vaxxed, it probably saved you moronic comments:

    sorry to hear that. sadly i think everyone is going to get it at some point. at least if your vaxxed the chances of hospitalization are very slim.

    we just booked our first gigs back in nov. i’m excited but also nervous. i follow a lot of bands on fb and lots are having to cancel shows at this point.

    sorry to hear this! We have our first gig in 2 years scheduled for mid October. We’re all vaccinated but my 2 kids aren’t because they are too young. I worry about this. The venue is vaccine card or recentCovid negative test required which hopefully will help a lot. Did your venue have any requirements like this?

    By all accounts, the vaxxes work, as in the OP’s sitch, getting a little sick, but not being hospitalized. but there are still folks out there who can get very, very sick from something you bring home from the pub.

    Im sure youll be fine. Sounds like the vaccine did its job.

    Quite honestly I never spend time in the Pub, not my crowd, but it came up in the feed…

    I’m feeling more hopeless today than usual, the whole implosion of western “civilization” is making me a little nauseous.

    Be well…

    #87361
    Mister Roboto
    Participant

    #87362
    upstateNYer
    Participant

    “Adding further assurance to those who may shun the third shot for fear of additional side effects, Pfizer officials stated that such occurrences are similar to those observed after receiving the second dose of the vaccine.”

    There, doesn’t everyone feel better now? Side effects will range from “extremely rare” to “only a few instances”, just like what happened after the second dose. Ask any of the current crop of drug pushers, they’ll set you straight if you’re at all worried about death and disabling conditions.

    At this point, with all the data available, anyone that’s still lining up for these shots is begging for whatever they get. I’m done worrying about them.

    It also appears that this is, indeed, Bill Gates’ latest subscription service. I’ve never purchased one of them and don’t intend to start now.

    #87363
    upstateNYer
    Participant

    “While all trial participants will be given an initial dose of the Pfizer-BioNTech jab, second doses administered eight weeks later will be divided into four different groups: a full or half dose of Pfizer, a full dose of the jab developed by Novavax, or a half dose of Moderna’s immunization.”

    They’re doing this to 360 youth between the ages of 12 to 16. Wtf is wrong with these parents? Who in their right mind would allow their child to get these jabs?? I’m asking seriously. I would never allow one of my kids to participate in something like this.

    I’m with Veracious. Feeling hopeless and nauseous today.

    #87364
    uranian
    Participant

    Hello, TAE, thank you for this little beacon of sanity among the madness. Here’s a fun first post:

    COVID-19 Vaccine Passport Mandatory In Italy For All Private Sector Workers

    The Italian government on Thursday approved among the strictest COVID-19 rules in the world by mandating that all private and public sector employees get the vaccine and show proof of vaccination, a negative test, or a recent recovery from infection, officials said.

    The rules will go into effect on Oct. 15, which would penalize any worker with a suspension from their job with no pay. However, the mandate stipulates that they cannot get terminated from their job, according to provisions of the measure.

    The country’s Council of Ministers, during a Thursday evening meeting, voted to approve the rules, Minister of Health Roberto Speranza said after the government approved the mandate, reported Il Gazettino.

    “We will also make the network of active pharmacies more widespread” that are “capable of administering swabs [and] rapid antigen tests in our country,” Speranza said, adding that the government decree will likely boost vaccination rates in Italy.

    Individuals who go to work and cannot present a so-called “green pass,” a type of vaccine passport, will face a fine of between 600 and 1,500 euros ($705 to $1,175), according to the provisions.

    #87365
    Mister Roboto
    Participant

    There, doesn’t everyone feel better now? Side effects will range from “extremely rare” to “only a few instances”, just like what happened after the second dose. Ask any of the current crop of drug pushers, they’ll set you straight if you’re at all worried about death and disabling conditions.

    What I’ve been waiting for is any report that the effects of the third shot are worse than those of the second shot.

    #87366
    Germ
    Participant

    “Covid: 54% of hospital patients with virus are fully vaccinated
    Rising proportion of vaccinated people in hospital reflects greater numbers in population getting vaccines”

    https://www.irishtimes.com/news/health/covid-54-of-hospital-patients-with-virus-are-fully-vaccinated-1.4670229

    Actually reflects vaccine failure.

    #87367
    Germ
    Participant

    This is the divisive garbage now showing in the US.

    https://mobile.twitter.com/tomselliott/status/1438451759245111301

    #87368
    Germ
    Participant

    Footage of the Protests in Paris Last Saturday

    Footage of the Protests in Paris Last Saturday

    #87369
    Germ
    Participant
    #87370
    absolute galore
    Participant

    Holy Cow. I don’t have a tv and do not watch tv news. But since this pandemic started, I’ve seen a bunch of snippets on the internet. I would say that exchange between Don Lemon and Chris Cuomo is unbelievable, but sadly, these days, it’s not. Still, the sheer lack of anything approaching nuance or any sort of intellectual curiosity or really any sign of brain waves not flattened by propaganda is frightening enough in your average person. But these are our “information providers.”

    Somebody should do a fake video, same exact dialog exchange, but have it being spoken between, say, Edward R. Murrow and Walter Conkrite. It would even look preposterous if it were between Captain Kangaroo and Soupy Sales, or Bugs Bunny and Daffy Duck, all of whom have more dignity and smarts than this Lemon-Cuomo horror show duo. Lord help us. Filed under Exhibit A for proof of the decline of civilization.

    #87371
    Germ
    Participant

    Another hero:

    #87372
    absolute galore
    Participant

    I thought I saw an earlier link here showing evidence that the boosters in Israel were not working to an alarming degree. Now this completely positive paper comes out claiming 95% efficacy. Once again, completely contradicting info. Which is it? (No way to search for that first link, if it exists.)

    #87373
    Germ
    Participant

    “A 16-year-old girl developed neurological problems after she received Pfizer’s Covid-19 vaccine, however, doctors have said that her new tremors, tics and severe migraines cannot possibly be caused by the jab.”

    16-Year-Old Who Developed Neurological Symptoms After Pfizer Vaccine: ‘I Just Want My Life Back’

    #87374
    those darned kids
    Participant

    veracious poet: here are two quotes from john coltrane (pbuh) to help us all along..

    “I want to be a force for real good. In other words, I know there are bad forces. You know, I
    know that there are forces out here that bring suffering to others and misery
    to the world, but I want to be the opposite force. I want to be the force which
    is truly for good.”

    “Over all, I think the main thing a musician would like to do is give a picture to the listener of the many wonderful things that he knows of and senses in the universe. . . Thats what I would like to do. I think thats one of the greatest things you can do in life and we all try to do it in some way. The musician’s is through his music.”

    #87375
    Germ
    Participant

    Go Pfizer!

    #87376
    Germ
    Participant

    “Episode 90 Sean interviews Dr. Byram Bridle from The University of Guelph to finally get the information we’ve been waiting for.”

    Begins at 06:00 min

    #87378

    (No way to search for that first link, if it exists.)

    That was yesterday. Are Booster Shots Increasing Covid Spread And Covid Deaths?

    Which also had this graph, that answers Roboto’s question about third shots:

    GATO

    #87379
    Germ
    Participant

    #87380
    Germ
    Participant

    “Our group, New Zealand Doctors Speaking Out with Science (NZDSOS), has now received reports of four deaths within two weeks occurring in New Zealand teens after Comirnaty injection. Since
    covid-19 is of almost no risk to this group, this information demands scrutiny.”

    https://nzdsos.com/wp-content/uploads/2021/09/Teen-deaths-210914-final.pdf

    #87381
    Germ
    Participant

    Can anyone “add this shit up” ?

    Hahaha …….

    #87382
    Germ
    Participant

    The Slovenian Gov was bribed …

    “Today, the first 231 million euros of European funds were paid to Slovenia for recovery” – https://reporter.si/clanek/slovenija/sloveniji-danes-za-okrevanje-izplacanih-prvih-231-milijonov-evrov-evropskih-sredstev-905738

    #87384
    Mister Roboto
    Participant

    Which also had this graph, that answers Roboto’s question about third shots:

    Thank you. That does answer my question about the increased likelihood of vaccine-enhanced illness, but what I’m genuinely (and probably somewhat morbidly) curious about is if the third jab produces even more intense side-effects such as the myocarditis in young men and other things. It will probably be a while before we know anything about that for sure.

    #87385
    Grodley
    Participant

    The rules will go into effect on Oct. 15, which would penalize any worker with a suspension from their job with no pay.

    This is terrifying. As is the situation in Slovenia and Lithuania. And probably everywhere soon (domino effect).

    #87386
    zerosum
    Participant

    circumference variables – c=2πr
    vaccines Variables – # of cells = 10^13 plus # of bacteria = 10^14

    • Interview with Dr. Vanessa Schmidt-Kruger (Enformt)
    1. the production optimisation is also important,
    2. considerable deficiencies
    3. deficiencies in the consistency
    4. needs to now develop and introduce various analysis processes to ensure that the substrate is free of microbiological contaminants
    5. the integrity of the RNA means of course the RNA quality

    My confidence level – too low

    https://ianmsc.substack.com/p/why-does-no-one-ever-talk-about-sweden

    Incompetent media reporting and dangerously ignorant “expert” pontifications have been an infuriatingly persistent aspect of COVID messaging, with their incoherent ravings becoming increasingly desperate as time wears on.

    On the flip side to inaccurate praise, the incomprehensible inability of experts to get anything right is perhaps best exemplified by Sweden.

    #87388
    zerosum
    Participant

    I thank my lucky star, every day, that I’m not living under a bridge

    https://www.zerohedge.com/political/faa-grounds-all-drones-near-texas-bridge-biden-admin-tries-hide-latest-border-catastrophe
    Images captured by The Epoch Times this week showed thousands of illegal immigrants congregating under the Del Rio Bridge in south Texas as they waited to be processed by Border Patrol.

    Some 9,000 illegal immigrants, including Haitian, Cuban, and Venezuelan nationals, were in the area, Val Verde County Sheriff Joe Frank Martinez confirmed.

    Sen. Ted Cruz (R-Texas), is currently on the ground in Del Rio and has been sharing footage from the site.
    On Friday, he claimed there are currently 10,503 illegal aliens under the Del Rio International Bridge.

    “This man made disaster was caused by Joe Biden,” he wrote on Twitter, adding that the number of migrants had increased tenfold after the White House recently decided to cancel deportations back to Haiti.

    Sen. Ted Cruz is lying.
    This disaster has been made by the social/economic systems and food insecurities.

    #87389
    teri
    Participant

    @Ilargi;

    I have just begun to your articles for today’s lineup, but stopped to speed-read parts of the article, “Hearing # 37 of German Corona Extra-Parliamentary Inquiry Committee. 30 January, 2021”.

    http://enformtk.u-aizu.ac.jp/howard/gcep_dr_vanessa_schmidt_krueger/

    Holy mother of God! There is some horrible shit in there. You could write numerous posts just on this one interview alone. How could this hearing not have gotten press around the planet? And the US has just approved the Pfizer/BioNtech vax, which is the main vaccine being discussed at this hearing.

    I know the interview is lengthy, but people would do well to read the damn thing. Nobody would take the Mrna vaccines if they knew the crap that went into them, the lack of testing protocol, the shortcuts taken, the contaminants in them, the arbitrary dosing, and the inherent dangers contained within them.

    The committee points out they will be sending the information presented in the hearing to the US – since the interview was done in January, I assume the US had the written report well before this summer.

    This is simply appalling.

    #87390
    Rototillerman
    Participant

    Many of you have heard that Dr. Peter McCullough is being sued by Baylor Health for allegedly claiming to speak on their behalf. I finally got around to tracking down a link to where you can donate to his legal defense fund:

    DONATE

    I’m writing a check this morning.

    #87396
    Oroboros
    Participant

    Australian accuses hospitals of SAVING vaxxed patients with ivermectin while KILLING unvaxxed with ventilators

    https://www.brighteon.com/d39bd385-15c0-470f-9643-4a15b03e3db1

    #87399

    The first comment on the ZH Durham story suggests Durham doesn’t exist. He certainly doesn’t seem to 2011 and earlier, and is a bit sketchy in 2012. But the most interesting thing is when you goggle images of him. There is only one.

    #87400
    phoenixvoice
    Participant

    About four years ago my ex put together a computer for each of our then pre-teen children. We were in the middle of a family court case and he was courting their favor after having previously paid them little attention while he was binge drinking. For Christmas he gifted them each with the computer tower, and did not provide them with keyboards, mice, monitors, nor connecting cables. Fortunately, I run a tiny computer repair company and had some extra computer peripherals hanging around that I could use to set up the computers.

    As preteens, the kids didn’t use the computers much, but as time went by one son began getting serious about Minecraft. The gifted computers were slow, so when I received a surplus computer from a client that was faster, I replaced that son’s computer, and he took the gifted computer to his dad’s house to use there. During 2020 the other two children were using their gifted computers for online school. For each of them, I was helping them learn to use the computer for school, but found myself losing so much time just waiting for the computers that my patience wore down to nothing, and I replaced them with speedy little refurbished computers that I had sitting around.

    A few weeks ago the Minecrafting son asked about getting more memory for his computer – Minecraft would run even better with 32 GB! My domestic partner explained to him that 16 GB should be quite enough for the graphics of Minecraft. I agreed, however, this teen asks for very, very little and I decided to go ahead and get him the memory upgrade. He got it a couple of days ago and is happy as a clam. (He installed it himself – I’m so proud!)

    The same day he explained that a few days prior while at his dad’s he had become frustrated while using Minecraft on the computer gifted him by his father nearly 4 years ago. It was so slow, and he had to spend so much time simply waiting for the graphics to load. He approached his father, and explained the situation, asking if the computer could be upgraded. My son relayed to me what ensued – his father began to explain to our son how much the request distressed my ex, because it made him feel like our son did not appreciate the gift of the computer all those years ago.

    This is gas-lighting.

    The mainstream media and the politicos are currently engaged in the same behavior.

    Vaccine refuser: “I will not take the vaccine.”

    Political message crafter: “Oh, I see that you have been consuming mis-information on the internet. That is very bad of you. Here, let me explain to you that we have been very patient, but now our patience is wearing thin. Soon, you will not be able to engage in civil society or in normal economic activities if you do not comply.”

    Messaging cannot compensate for gas-lighting.

    #87402
    phoenixvoice
    Participant

    I had a discussion with two of my teens yesterday about the definitions and real world examples of: totalitarianism, tyranny, dictatorship, fascism, and communism as practiced by the former USSR and the CCP, and authoritarianism. My daughter had a great example of authoritarianism to share.

    At her middle school the students are required to display their student photo ID at all times around their necks. The photographer several weeks back didn’t like my daughter’s smile, and directed her to smile more in order to get the photo taken. She initiated a forced smile with glaring eyes, and that is the photo on her school ID. She loathes it to the extreme — not unsurprising for a self-conscious, depressed 13 year old — and covered the image on her school ID with Abe Lincoln on a $5 bill.

    Yesterday school staff decided to do a spot check of student IDs of the kids entering the lunch room, and asked all who had defaced or covered their own photos to step aside and then to individually speak with the assistant principal. The assistant principal explained to my daughter individually that she must not cover the photo on her student ID. My daughter insisted that she could not uncover it, that she would prefer to leave it home and face the consequences. The assistant principal pushed the issue and my daughter (13, self-conscious, depressed, etc.,) began to have a panic attack and started bawling uncontrollably. At this point, the assistant principal decided to change tactics and attempted to compromise with my daughter – suggesting that she turn the ID to hide the picture or button up her overshirt to cover it – and the assistant principal reached over (violating my daughter’s personal space) and buttoned up her overshirt. My daughter’s emotional cascade did not diminish. Finally, the assistant principal suggested that my daughter simply needed to uncover the image in order to get lunch, and let my daughter alone.

    My daughter explained to myself and her brother that afternoon that she doesn’t eat school lunch (she is a very picky eater), but is still made to show her student ID in order to enter the lunchroom – and she is not given the option to skip the lunch room, even if she is not eating.

    Her brother is in high school and mentioned that he keeps his high school ID in his wallet in his pocket – and no one asks to see it when he as at school, not even when he gets lunch. In response I sighed and suggested to my daughter that since I can’t change her school, that it would be a good idea not to fail any classes so that she can go onto high school next year. And I confirmed that, yes, her experience was a valid example of authoritarianism.

    #87406

    teri

    tear it down and write it up

    I’m certainly inclined to publish that

    #87416
    teri
    Participant

    @ Ilargi;
    Give me a day or two, I am pretty well swamped with work today. But I’ll send along a synopsis as soon as I can to the automatic earth email address.

    It’s pretty amazing stuff in that interview. The doctor presenting her findings, by the way, does in fact exist and has quite an extensive curriculum vitae.

    #87422
    upstateNYer
    Participant

    “Rising proportion of vaccinated people in hospital reflects greater numbers in population getting vaccines”

    Germ: “Actually reflects vaccine failure.”

    Ain’t that the truth. One of the most UNconvincing arguments I’ve heard is that more vaxxed are getting sick because they’re now a larger % of the population. What an absolutely, mind blowingly stupid argument.

    And ya gotta love this … “You need to make sure the number of hospitalized vaxxed/unvaxxed is adjusted to reflect the percentage of the population that is vaxxed before you can assess what is taking place.”

    Do people not even hear how STUPID they sound at this point?

    #87423
    cloudhidden
    Participant

    Simple, easily available, inexpensive, works.
    Everybody gets a kit.
    Why not here?

    #87424
    upstateNYer
    Participant

    @teri: below is a link to an excellent article by Seneff and Nigh published in the International Journal of Vaccine Theory, Practice and Research (published in May 2021 with an update since). You can download a pdf.

    It is an excellent assessment of the problems with the vaccines. Talks about problems with production and how the vaccines used in the *testing* phase were manufactured to much more exacting standards than those being used now.

    Worse Than the Disease? Reviewing Some Possible Unintended Consequences of the mRNA Vaccines Against COVID-19

    https://ijvtpr.com/index.php/IJVTPR/article/view/23

    #87425
    DarkMatter
    Participant
    #87426
    ctbarnum
    Participant

    We don’t know what the white gunk in our poison is, but don’t worry, it’s “safe and effective.”

    https://www.zerohedge.com/covid-19/pfizer-says-mysterious-white-particles-found-japanese-jabs-are-safe

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