Needless to say, few are expecting bubble symmetry to manifest now, because, well, of course, “this time it’s different.” Indeed. It’s always different and yet always the same, too.
Let’s indulge in some basic logic:
1. All speculative bubbles pop, regardless of source, time, or place. (100% of all historical evidence supports this.)
2. The current “Everything Bubble” is a speculative bubble.
3. Therefore the current speculative bubble will pop.
Now that we got that out of the way, the question becomes: how will the crash play out? There is no way to forecast precisely when or how the current speculative bubble will crash, but history offers a few potential templates.
The dot-com bubble offers a classic example of bubble symmetry and scale invariance. (See chart below.) Note how the bubble arose in two legs of X duration and it crashed in two symmetrical legs of X duration. In both legs, the crash returned to the same levels from which the bubble took off.
Scale invariance: this same symmetry is visible in bubbles that soar and crash in 6 days, 6 months, or 6 years. The symmetry also holds whether the instrument soars from $1 to $5 or $100 to $500, or whether it is in index, commodity, or equity. (See charts of Cisco Systems (CSCO) in 2000 and Tesla (TSLA) in 2020 below.)
If bubble symmetry holds this time around, the explosive rallies visible in the charts of the Russell 2000 (IWM) and Global Nasdaq (NOGM) will crash back to their lift-off levels in an equally explosive collapse of similar duration to the explosive rise.
Needless to say, few are expecting bubble symmetry to manifest now, because, well, of course, this time it’s different. Indeed. It’s always different and yet always the same, too.
Last I heard, COVID-19 vaccines are still considered to be experimental, some recipients have experienced side effects – even death – after taking it, and many people still don’t want to take it, including some health care workers.
Kroger Offers $100 Bonus To Employees Who Get Vaccinated
The supermarket giant Kroger Co. announced Friday that employees who receive a COVID-19 vaccine will be rewarded with a $100 bonus.
The one-time offer is available to all company associates, nearly 500,000 individuals in 35 states, who provide proof of their vaccination to human resources, Kroger said. Workers must have received the full manufacturer-recommended dose. As for those unable to receive the vaccine due to medical or religious reasons, completing an education and safety course will be enough for payment.
“As we move into a new phase of the pandemic, we’re increasing our investment to not only recognize our associates’ contributions but also encourage them to receive the COVID-19 vaccine as it becomes available to them to optimize their well-being, as well as the community’s,” Kroger Chief People Officer Tim Massa, said.
Kroger isn’t the first company to do this. The grocery chain Aldi offered employees two hours of pay per dose received. Dollar General also offered employees four hours of paid time. “We do not want our employees to have to choose between receiving a vaccine or coming to work,” the company said last month.
Just over 58 million doses of vaccines have been delivered throughout the country. However, only approximately 36.8 million of those doses have been administered, the CDC reported. And only 7.5 million people have received their full inoculation.
In an effort to get as many shots into arms as possible, a push was made in mid-January to allow anyone over the age of 65 to receive a vaccine. As a result, many frontline workers feel left behind. The virus doesn’t grow tired or weary, but grocery store associates do.
The Centers for Disease Control and Prevention categorizes grocery workers as frontline essential workers, the same group as firefighters and police officers, public transportation workers, and manufacturers. These individuals are part of the CDC’s phase 1B of its recommended distribution plan, making them eligible for inoculation after health care professionals and long-term care facility residents. But individual states draw up their own vaccine distribution plans.
Dr. Richard Besser, president of the Robert Wood Johnson Foundation and former acting commissioner of the Centers for Disease Control and Prevention, told member station WBUR that states need to focus on vaccinating those that put themselves in harm’s way.
“I think that it’s critically important that we recognize that while every community is being hit hard by this pandemic, the burden of this disease is not being felt equally,” Besser said. “And those people who need to leave their homes every day to earn money, to pay the rent, to make sure that everyone else has food on their table, we need to do all we can to protect them.”
Kroger announced earlier this week the company plans to close two of its stores in Long Beach, California after the city mandated a $4 raise for grocery workers at large supermarkets. The United Food and Commercial Workers International Union, which represents 1.3 million food workers including Kroger union members, said the company needs to do more.
“Kroger workers deserve free vaccinations for the risks they have faced and continue to face as COVID cases increase,” UFCW President Marc Perrone said in a statement obtained by NPR. “This one-time payment from Kroger is appreciated, but given the way the company has treated its workers during the pandemic, it does not recognize the contribution of these essential workers to our nation or the risks they face daily.”
Kristal Howard, Kroger’s head of corporate communications, said Perrone’s statement “inaccurately suggests vaccines are not being provided for free to all employees … all U.S. citizens for that matter. The $100 one-time vaccine payment is not a subsidy. It’s another way Kroger is motivating its workforce to optimize their health.”
Skeptics don’t have to look far to find examples of vaccine recipients experiencing permanent illnesses injuries (see 1, 2). Kroger may have to pony up more than $100 for employees who continue resisting the shot.
The mainstream media is admitting that the flu has disappeared during the COVID-19 scamdemic. As we know, the government’s tyrannical and heavy-handed response has not rid the world of COVID-19, but it has gotten rid of the flu – something their glorious vaccine can’t even do.
Honestly, it feels like they are just laughing at our stupidity and ignorance at this point. Just where did all those flu cases end up? Maybe in the fabricated COVID column. But that’s not what they are telling us. The ruling class’s hired experts say that it’s all because we practiced social distancing and wore masks.
Experts say that measures put in place to fend off the coronavirus — mask-wearing, social distancing, and virtual schooling — were a big factor in preventing a “twindemic” of flu and COVID-19. A push to get more people vaccinated against flu probably helped, too, as did fewer people traveling, they say. –APNews
The flu vaccine, which has been around and widely available since 1945, and yet, in the year after COVID, that’s when it suddenly became effective and began to eradicate the flu. Maybe this is why the mainstream media and the masters don’t want us to use “critical thinking” and actually comprehend what we hear. Because if we all did, their narrative would fall apart and they would cease to exist.
Nationally, “this is the lowest flu season we’ve had on record,” according to a surveillance system that is about 25 years old, said Lynnette Brammer of the U.S. Centers for Disease Control and Prevention.
Hospitals say the usual steady stream of flu-stricken patients never materialized.
At Maine Medical Center in Portland, the state’s largest hospital, “I have seen zero documented flu cases this winter,” said Dr. Nate Mick, the head of the emergency department. –APNews
“Many parents will tell you that this year their kids have been as healthy as they’ve ever been because they’re not swimming in the germ pool at school or daycare the same way they were in prior years,” Mick said.
Of course, this will make things hard for the poor pharmaceutical companies to design next year’s flu vaccine. Another inoculation for something the mainstream media is even admitting now doesn’t even exist anymore. But get the shot for it.
We have to start reading between the lines and waking up. Critical thinking and discernment will be necessary in the coming year as they attempt to gin up the fear over these mutations. Speculations are that the vaccines will begin to start “working” and when that happens, those deaths and injuries will be blamed on COVID-21, the new mutant hybrid strain.
The mainstream media will find fear wherever it can, and if it cannot find any, it’ll gin some up. We know the ultimate goal is a total panicked state of fear in the masses, as fearful people make much better slaves.
A COVID-19 variant discovered in California has been dubbed “the devil” by one of the scientists studying it. “This variant is concerning because our data shows that it is more contagious, more likely to be associated with severe illness, and at least partially resistant to neutralizing antibodies,” said senior author Charles Chiu, an infectious diseases physician at the University of California, San Francisco.
This puppet of the ruling class, Dr. Chiu, said that he “fears if its spread isn’t stopped,” it could one day meet the highly infectious United Kingdom variant and swap genes, creating a “nightmare scenario.” Anyone with half a brain knows that this means they are ginning up the fear in order to get more to comply with the vaccine and more financial devastation in the form of lockdowns and totalitarian control over human behavior.
We had better wake up, and quick.
The Californian mutant strain of the virus, formally known as B.1.427/B.1.42, was first detected in the state last year ahead of a massive surge in infections over the northern hemisphere winter, according to NewsHub.
According to “new research” on B.1.427/B.1.42 (which oddly enough fits the official narrative like a glove) the variant:
is four times less susceptible than the original coronavirus to neutralizing antibodies
is two times less susceptible to antibodies from the blood of people vaccinated with the Pfizer or Moderna vaccines
has a case-fatality ratio five to six times higher than normal COVID-19
spread six times faster in an outbreak at a nursing home than previous strains
had viral loads twice as high in the nasopharynx than people infected with other strains
has mutations not yet seen in other coronavirus variants, including one – L452R – that makes it 40 percent better at infecting the lungs
is perhaps three times as infectious (considerably more than the dreaded UK variant, estimated at between 40 and 80 percent more infectious).
About 3 million Texans are still currently on a “boil water advisory” amid food shortages. The problems keep mounting for the state after a brutal winter storm devastated areas not used to such cold temperatures.
The number of people boiling their water out of safety has dropped to 3 million Wednesday from 8 million the day before. Plumbers and engineers have worked around the clock to repair the countless homes and businesses damaged by a brutal winter storm, according to a report by NBC News. Some 13,000 people were still without any running water Wednesday after the public water systems they rely on were rendered “nonoperational” by the unseasonably cold winter blast, the Texas Commission on Environmental Quality reported.
Those who do have water report that it doesn’t look clear. “The water itself, it’s really coming out all yellow,” San Antonio mom Evelyn Esquivel said Tuesday.
This problem is coupled with a food shortage in the state. Many Texans are still seeing empty shelves at the grocery stores, which struggled to stay stocked. Large crowds descended on food pantries, in the wake of the government’s response to the COVID-19 hoax scamdemic, that forced people to believe they had to shut down their businesses and impoverish themselves. That means little food is left to go around now the stores have sold out.
State Representative Rafael Anchía, a Democrat from Dallas, said Tuesday that “this situation isn’t over by a long shot. We had millions of Texans already suffering from a pretty deep recession caused by the Covid-19 pandemic,” Anchía said. “We had people already in a fragile state, and when you compound that with the worst statewide winter storm and disaster … people who were barely holding on are completely wiped out.” Imagine that. People obeyed the orders of the government to panic and shut down their businesses to their detriment, and it’s all the “scamdemic’s fault.”
Hopefully, this is a lesson in preparedness for not just Texans, but everyone. It never hurts to have some food and water stocked and stored up and it won’t hurt to have a backup source of heat for your home, such as a woodburning stove.
I don’t know why anyone would want to live in Chicago at this point. According to the latest estimate that I could find, “over 117,000 gang members” currently live in the city, and there is so much violence that it regularly makes headlines all over the globe.
Some of the wealthy areas of Chicago still look nice, but many communities have been transformed into something straight out of a war zone. Large churches, hospitals, and factories that were once so beautiful are now rotting and decaying all over the city, and a vibrant open-air drug market scares customers away from local businesses. Sadly, the truth is that the entire country is going down the exact same path that Chicago has gone.
Coming into last year, Chicago was known as one of the murder capitals of the world, but nobody expected the murder rate to spike “by more than 50% in 2020”…
Chicago police also released the final crime number for 2020 Friday which showed that shootings and murders jumped up by more than 50% in 2020.
In 2020, there were 769 murders, up considerably compared to the 495 murders tallied in 2019.
As for shootings, the city logged 3,261 last year, a big jump from 2,140 shootings in 2019. The number of shooting victims climbed to 4,033 in 2020, up from 2,598 in 2019.
But even though last year was so horrific, some officials are expressing optimism about the future.
“I think our savior is going to be the COVID vaccination,” Dr. Faran Bokhari, Chief of Trauma at Cook County Hospital. “I think people are so tired of being indoors and not being able to do what they usually do.”
Yes, gang members and drug addicts will feel so much better about life and will become a lot less violent once they are vaccinated and can get out into the streets a lot more.
Good luck with all that.
State Representative Marcus Evans has a different strategy in mind. He believes that banning “Grand Theft Auto” will solve this crisis…
It’s no secret that crime is out of control in Illinois and one lawmaker has a solution. In response to an increase in carjackings in Chicago, State Representative Marcus Evans Jr. wants a law passed making it illegal for retailers to sell violent video games to minors. “Grand Theft Auto” is not mentioned in the bill but Evans pointed to that specific game during a press conference on Monday.
Meanwhile, people continue to flee the city of Chicago and the state of Illinois at a staggering pace.
In fact, the exodus that we witnessed in 2020 is being described as “historic”…
Illinois recorded a seventh straight year of population loss from July 2019 to July 2020, but the year’s drop was historic – 79,487 residents, the most since World War II and the second largest of any state in raw numbers or percentage of population. Larger declines year over year have also caused Illinois to suffer the largest raw decline in population, and second largest on a percentage basis since 2010, shedding 253,015 people – triple any other state’s losses.
I can understand why so many residents are leaving for greener pastures, but other major cities are also seeing dramatic spikes in crime too.
THE HOMICIDE RATE across 34 American cities increased by 30% on average during 2020, according to experts, as the U.S. reeled from the coronavirus pandemic and widespread protests against police brutality.
The newly released report from the National Commission on COVID-19 and Criminal Justice found that homicides rose in 29 of the 34 cities studied and that the three largest cities in the sample – New York, Los Angeles and Chicago – accounted for 40% of the additional homicide victims in 2020.
At this point, nearly all of our big cities are becoming unsafe.
If you want to avoid all of the violence, you could try moving to a small town, but that might not work either.
A repeat felon has confessed to killing his neighbor, cutting out her heart and feeding it to his family before murdering his uncle and a four-year-old girl, Oklahoma authorities say.
Lawrence Paul Anderson, 42, allegedly stabbed the neighbor, Andrea Lynn Blankenship, to death at her home in Chickasha on February 9.
Unfortunately, the truth is that our entire society is in the process of melting down all around us, and this process is only going to accelerate during the very difficult years ahead.
The worse economic conditions become, the more desperate people are going to get, and right now more businesses are shutting down with each passing day.
For instance, we just learned that Fry’s Electronics will be permanently shutting down all of their stores…
Consumer electronics retailer Fry’s Electronics is going out of business after nearly 36 years.
Fry’s “has made the difficult decision to shut down its operations and close its business permanently as a result of changes in the retail industry and the challenges posed by the Covid-19 pandemic,” the company said in a statement on its website. The company said it has begun the “wind-down” process as of Wednesday and has stopped its normal operations.
As I have discussed in numerous recent articles, poverty is exploding all over America and this economic downturn is hitting those at the bottom of the economic food chain particularly hard.
As this economic crisis grows, those at the bottom of the economic food chain will increasingly be venturing into wealthy neighborhoods to take out their frustrations.
Those with a “Robin Hood mentality” will try to claim that there is “justice” in taking from the rich and giving to the poor, but in reality, it will just be a way to justify the rampant lawlessness in our streets.
The rioting, looting, and violence that we have seen so far is just the beginning.
Much worse is coming, and it won’t be too long before the entire country looks like the streets in the worst parts of Chicago.
***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com. In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook, Twitter and Parler, and any way that you can share these articles with others is a great help. During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.
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