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COVID's Breakdown “You better stop and look around Here it comes, here it comes, here it comes, here it comes Here comes your 19th nervous breakdown.” The lyrics from the Rolling Stones’ famous 1964 song “19th Nervous Breakdown” seems to best summarize the world’s trauma over the past three years. The population didn’t look around when Covid-19 arrived…they simply swallowed the CDC’s edicts and the politicians’ decrees forming a state of mass psychosis. A few virologists and epidemiologists challenged the policies the government dictated but those doctors were intimidated, ridiculed, and silenced. No one was interested in a second or third opinion to question the authorities, even after mid-March of 2020, when the Italian Health Ministry published the first credible profile of the causes of Covid deaths, which a very high correlation to co-morbidities, obesity, and age (80 years). Ultimately, the CDC data regarding the profile of U.S. Covid deaths mirrored what the Italians initially reported. What did governmental authorities do in March 2020? Instead using the Italian data as a guide to focus on the vulnerable portion of the population, they proclaimed a national emergency granting themselves authoritarian power resulting in the closure of non-essential businesses, the prohibition of group gatherings, converted in-class learning in schools to on-line education, established distancing guidelines of six feet, mandated masks, and demonized anyone who challenged them. Yes, it is a serious virus… a million people died in the US…or at least what the official death records tallied. However, hospitals were paid bonuses for each reported COVID fatality, grossly overstating the reported numbers. The media bombarded the public with fear and panic resulting in frantic behavior. Doctors were paralyzed…not even a suggestion to take a variety of over-the-counter therapeutics to mitigate the risk. Instead, they simply told patients to go to a hospital if experiencing high-grade fever or breathing problems…many were mistakenly placed on ventilators. After PCR tests became available, cycle measurement increases were mandated, expanding the number of positive results, fueling even more paranoia. Then it was a waiting game…delivery of experimental drugs was promised under Operation Warp Speed to end the virus. Recommendations were made for everyone to isolate in their residences, while parks, beaches, and golf courses were closed. Businesses were shuttered; or if deemed as essential, limited customers. As unemployment levels skyrocketed, Congress passed a series of rescue programs, adding trillions of dollars to the national debt. The Federal Reserve absorbed most of the monetary expansion, increasing their balance sheet by five trillion dollars, while holding interest rates near zero percent. It’s hard to fathom how so many critical mistakes were made. Covid-19 mutations still persist, and deaths continue to mount, albeit at a slower pace, but K-12 education suffered, and mental illnesses increased, while thousands of businesses went bankrupt. Supply chain disruptions caused gross shortages in food products and manufactured goods; and coupled with massive money printing, created the current inflation toxicity. The FED’s irresponsible zero interest rate monetary policy has now caused shocks in the banking system. Big government has come to the rescue again and has created the next crisis. As in Rolling Stones’ song lyrics… “nothing they do seems to work…it only seems to make matters worse.” The insanity has led us down the path to the next nervous breakdown. The Developer
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Coronavirus, COVID19, Government, Health, Federal Reserve, Inflation,
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