Daily Top 10: 21/04/2021

1. Reverend Jamie Franklin leads the churches fight against the totalitarian vaccine passport scheme. Fantastic news as nearly 1000 churches signed the open letter.


2. Person to person viral transmission is not as prevalent as we've been led to believe. Dr Sam Bailey explains influenza viral transmission:




3. The IMF push government led economies (large governments) to counteract the technological revolution.


"These measures may still fall short if the training involves acquiring a substantively different and challenging set of skills, raising the possibility of dropouts. It is therefore important for policymakers to consider ways to address medium-term social challenges, including through strengthened social safety nets.


While robotization is inevitable, its distributional outcome will depend on policies. A society that is more willing to provide support to those who are left behind can accommodate a faster pace of innovation, while ensuring that all members of society are better off."


4. A very well sourced article outlining Bill Gates's dystopian vision for food.


5. More UN global warming propaganda.


6. Vaccine developers ensure no long term safety or efficacy data can be proven or disproven. Makers of COVID-19 vaccines are now destroying long-term safety studies by unblinding their trials and giving the control groups the active vaccine, claiming it is “unethical” to withhold an effective vaccine. In so doing, they make it virtually impossible to assess any long-term safety and effectiveness, and the true benefit versus cost.


7. The IMF propose a "new social contract" - it's what they leave out is most interesting. There is no discussion of wealth accumulation, private property ownership or individual liberties. But, you are promised access to everything, or is it dependence? You decide.


8. The IMF finally acknowledge the problems of large public debts.


9. The Central Banks and Bank for International Settlements release their plans, role and control of the future of our economy.


The Green Swan - Central banking and financial stability in the age of climate change:


Abstract:


"Climate change poses new challenges to central banks, regulators and supervisors. This book reviews ways of addressing these new risks within central banks’ financial stability mandate. However, integrating climate-related risk analysis into financial stability monitoring is particularly challenging because of the radical uncertainty associated with a physical, social and economic phenomenon that is constantly changing and involves complex dynamics and chain reactions. Traditional backward-looking risk assessments and existing climate-economic models cannot anticipate accurately enough the form that climate-related risks will take. These include what we call “green swan” risks: potentially extremely financially disruptive events that could be behind the next systemic financial crisis. Central banks have a role to play in avoiding such an outcome, including by seeking to improve their understanding of climate-related risks through the development of forward-looking scenario-based analysis. But central banks alone cannot mitigate climate change. This complex collective action problem requires coordinating actions among many players including governments, the private sector, civil society and the international community. Central banks can therefore have an additional role to play in helping coordinate the measures to fight climate change. Those include climate mitigation policies such as carbon pricing, the integration of sustainability into financial practices and accounting frameworks, the search for appropriate policy mixes, and the development of new financial mechanisms at the international level. All these actions will be complex to coordinate and could have significant redistributive consequences that should be adequately handled, yet they are essential to preserve long-term financial (and price) stability in the age of climate change"


Last paragraph:


"To be sure, such an approach raises difficult questions as to which “planetary stewardship strategies are required to maintain the Earth System in a manageable” state (Steffen et al (2018)), and which set of worldviews, institutions and technologies will be up to the task (Beddoe et al (2009), Vatn (2006)). Moreover, a systems approach would require shifting the focus from handling specific environmental crises (eg climate change) on a case by case basis to a much more holistic view that can better account for the cascading effects of system failure (OECD (2019a)).


It is noteworthy that the IPCC’s Shared Socio-Economic Pathways (SSP) implicitly support revisiting GDP growth rates, as part of a broader socio-technical transition touching upon several points discussed in this book: the SSP1 “Sustainability” narrative, corresponding to the road towards a low-carbon world, strongly emphasises international cooperation and education to manage the global commons and the demographic transition, and shifts emphasis from economic growth towards other indicators such as human well-being and reduced inequalities (Carbon Brief (2018))."


"Planetary Stewardship" - all sounds like, we kind of need, a global government of some sort. It's not like nation states who promote wealth creation and higher standards of living see decreasing birth rates and better environmental protections. I guess these facts get in the way of the whole - "humans are a plague" narrative.


10. The UN and Council on Foreign Relations promote cyber warfare. If a cyber attack does happen, it's our intelligence agencies. Not Russia, China, Iran or North Korea. If this is not obvious to you yet, you have no hope.