activistpost--2020-02-22--American Federal Agency Scientists Have Reduced Their Cell Phone Radiation Exposure. Has Your Family

American Federal Agency Scientists Have Reduced Their Cell Phone Radiation Exposure. Has Your Family?

Cell phone and wireless WiFi radiation are sources of Electromagnetic Radiation .
Electromagnetic Radiation creates pollution sometimes referred to as “ Electrosmog ” .
It ’ s NOT the EPA ’ s job to protect us from this .
The Federal Communications Commission ( FCC ) is supposed to do that by regulating the telecom industry .
Instead , they ’ ve been catering to the telecom industry for many years .
There have been lawsuits filed against The FCC for not protecting the public from exposure ( see 1 , 2 ) and forcing widespread 5G installation ( see @ @ @ @ @ @ @ ) despite NO scientific evidence that it ’ s safe .
American Academy of Pediatrics and other health experts have been warning for many years that children are more vulnerable to harm from exposure .
In fact , there is still NO “ safe ” level of wireless radiation that has been scientifically determined for kids or pregnant women .
There is research – including from the American government – which has determined that exposure to cell phone and WiFi radiation is biologically harmful .
Some of it has influenced scientists to change @ @ @ @ @ @ @ Environmental Health Trust for reporting about this .
US Federal Agency Updates Their Webpage With New Information Summary : The National Toxicology Program of the National Institutes of Health Environmental Health Sciences has updated their webpage on cell phone radiation to state that their scientists reduce cell phone radiation exposure .
In November 2019 the National Institutes of Environmental Health Sciences ( NIEHS ) National Toxicology Program ( NTP ) webpage on the 30 million dollar animal study on cell phone radiation was updated with new FAQs .
One of the posted questions @ @ @ @ @ @ @ their personal use of cell phones .
When the webpage was first posted in 2019 , this page stated that scientists were more aware of usage but “ really haven ’ t changed their habits.
” The lack of clarity of the 2019 NTP website statement prompted Theodora Scarato , Executive Director of Environmental Health Trust , to contact the NTP for clarification on January 7 , 2010 .
Two days later , on January 10 , 2020 the NTP updated their webpage to state that in fact yes , NTP scientists were @ @ @ @ @ @ @ reducing overall time on cell phones and using speakerphone place a distance between their body and the phone .
Note : She still has not received an answer to her emails .
This is now the current text on NIH NTP website : Q : Have NTP scientists changed their cell phone use or what they recommend to their families ?
A : NTP scientists have become more aware of their usage and follow the FDA ’ s tips for reducing exposure to cell phone RFR : • • Reduce the amount of @ @ @ @ @ @ @ and • Use the speaker mode or a headset to place more distance between your head and the cell phone .
NTP ’ s Previous Webpage Text in 2019 , before the change .
Q : Have you changed your cell phone use or what you recommend to your family ?
A : NTP scientists have become more aware of my usage , but most haven ’ t really changed their habits .
If people are concerned about their exposure , they can follow the FDA ’ s tips for reducing exposure to @ @ @ @ @ @ @ the amount of time spent using your cell phone , and • Use the speaker mode or a headset to place more distance between your head and the cell phone .
• The American Academy of Pediatrics , California Department of Health , Maryland Council on Children ’ s Environmental Health , Connecticut Department of Health , and several international medical organizations such as the Vienna Medical Association , Athens Medical Association and the International Society of Doctors for the Environment all recommend reducing exposure to radio-frequency radiation .
❏ Use cell phones @ @ @ @ @ @ @ of airtube headset .
❏ Keep phone at a distance from your head and body as general rule of thumb .
❏ Avoid carrying your phone against the body like in a pocket , sock , or bra .
Cell phone manufacturers can ’ t guarantee that the amount of radiation you ’ re absorbing will be at a safe level .
❏ If you plan to watch a movie on your device , have movies pre-downloaded rather than streaming .
Prefer wired computers to watch movies and do social media .
❏ @ @ @ @ @ @ @ ( i.e .
how many bars you have ) .
The weaker your cell signal , the harder your phone has to work and the more radiation it gives off .
❏ Avoid making calls in cars , elevators , trains , and buses .
The cell phone works harder to get a signal through metal , so the power level increases .
❏ Children should be given toys , not cell phones to play with .
❏ Make only short or essential calls on cell phones .
❏ Stop sleeping with your @ @ @ @ @ @ @ the phone on airplane mode if you need to use your phone as an alarm clock .
❏ Use a hardwired cabled ( not wireless ) mouse , speaker , printer and keyboard with your computer .
❏ Turn Wi-Fi off and unplug wireless devices at night or when not in use .
❏ Hard-wire devices in your home that connect to the internet whenever possible .
❏ Use corded phones ( with a curly cord from headset to base ) instead of cell phones/ home cordless phones whenever possible , especially for @ @ @ @ @ @ @ screens and electronics from the bedroom for a healthier sleep .
❏ Educate your elected officials for policy changes that inform and protect the community .
FYI : there is also a class action lawsuit against 11 smartphone models for exceeding federal radiation levels .
Activist Post reports regularly about unsafe technology .
For more information , visit our archives and the following websites .
Subscribe to Activist Post for truth , peace , and freedom news .
Become an Activist Post Patron for as little as $ 1 per month at Patreon @ @ @ @ @ @ @ , Minds , Twitter , and Steemit .
Provide , Protect and Profit from what ’ s coming !
Get a free issue of Counter Markets today .

By B.N. Frank
Cell phone and wireless WiFi radiation are sources of Electromagnetic Radiation. Electromagnetic Radiation creates pollution sometimes referred to as “Electrosmog”. It’s NOT the EPA’s job to protect us from this. The Federal Communications Commission (FCC) is supposed to do that by regulating the telecom industry. Instead, they’ve been catering to the telecom industry for many years.
There have been lawsuits filed against The FCC for not protecting the public from exposure (see 1, 2) and forcing widespread 5G installation (see 1, 2, 3, 4) despite NO scientific evidence that it’s safe. American Academy of Pediatrics and other health experts have been warning for many years that children are more vulnerable to harm from exposure. In fact, there is still NO “safe” level of wireless radiation that has been scientifically determined for kids or pregnant women.
There is research – including from the American government – which has determined that exposure to cell phone and WiFi radiation is biologically harmful. Some of it has influenced scientists to change their cell phone habits. Thanks to Environmental Health Trust for reporting about this.
US Federal Agency: Scientists Reduce Cell Phone Radiation
NIH National Toxicology Program Scientists State They Reduce Cell Phone Radiation Exposure
US Federal Agency Updates Their Webpage With New Information
Summary: The National Toxicology Program of the National Institutes of Health Environmental Health Sciences has updated their webpage on cell phone radiation to state that their scientists reduce cell phone radiation exposure.
In November 2019 the National Institutes of Environmental Health Sciences (NIEHS) National Toxicology Program (NTP) webpage on the 30 million dollar animal study on cell phone radiation was updated with new FAQs. One of the posted questions was about whether the scientists have changed their personal use of cell phones. When the webpage was first posted in 2019, this page stated that scientists were more aware of usage but “really haven’t changed their habits.”
The lack of clarity of the 2019 NTP website statement prompted Theodora Scarato, Executive Director of Environmental Health Trust, to contact the NTP for clarification on January 7, 2010. Two days later, on January 10, 2020 the NTP updated their webpage to state that in fact yes, NTP scientists were reducing exposure to cell phone radiation by reducing overall time on cell phones and using speakerphone place a distance between their body and the phone.
Note: She still has not received an answer to her emails.
This is now the current text on NIH NTP website:
Q: Have NTP scientists changed their cell phone use or what they recommend to their families?
A: NTP scientists have become more aware of their usage and follow the FDA’s tips for reducing exposure to cell phone RFR:
Reduce the amount of time spent using your cell phone, and Use the speaker mode or a headset to place more distance between your head and the cell phone.
NTP’s Previous Webpage Text in 2019, before the change.
Q: Have you changed your cell phone use or what you recommend to your family?
A: NTP scientists have become more aware of my usage, but most haven’t really changed their habits. If people are concerned about their exposure, they can follow the FDA’s tips for reducing exposure to cell phone RFR:
Recommendations to Reduce Exposure to Cell Phone Radiation
❏ Use cell phones in speaker mode or with the use of airtube headset.
❏ Keep phone at a distance from your head and body as general rule of thumb.
❏ Avoid carrying your phone against the body like in a pocket, sock, or bra. Cell phone manufacturers can’t guarantee that the amount of radiation you’re absorbing will be at a safe level.
❏ If you plan to watch a movie on your device, have movies pre-downloaded rather than streaming. Prefer wired computers to watch movies and do social media.
❏ Keep an eye on your signal strength (i.e. how many bars you have). The weaker your cell signal, the harder your phone has to work and the more radiation it gives off.
❏ Avoid making calls in cars, elevators, trains, and buses. The cell phone works harder to get a signal through metal, so the power level increases.
❏ Children should be given toys, not cell phones to play with.
❏ Make only short or essential calls on cell phones.
❏ Stop sleeping with your phone or wireless device.
❏ Turn the phone on airplane mode if you need to use your phone as an alarm clock.
❏ Use a hardwired cabled (not wireless) mouse, speaker, printer and keyboard with your computer.
❏ Turn Wi-Fi off and unplug wireless devices at night or when not in use.
❏ Hard-wire devices in your home that connect to the internet whenever possible.
❏ Use corded phones (with a curly cord from headset to base) instead of cell phones/ home cordless phones whenever possible, especially for your long voice calls.
❏ Remove screens and electronics from the bedroom for a healthier sleep.
❏ Educate your elected officials for policy changes that inform and protect the community.
FYI: there is also a class action lawsuit against 11 smartphone models for exceeding federal radiation levels.
Activist Post reports regularly about unsafe technology. For more information, visit our archives and the following websites.
Subscribe to Activist Post for truth, peace, and freedom news. Become an Activist Post Patron for as little as $1 per month at Patreon. Follow us on SoMee, Flote, Minds, Twitter, and Steemit.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-22--Covid-19 Triggers Global Luxury Bust

Covid-19 Triggers Global Luxury Bust

The impact of Covid-19 on supply chains has been tremendous .
Uncertainty across the global economy is building as China remains in economic paralysis .
The luxury fashion industry is suffering its most significant “ shock ” since the 2008 financial crisis , reported the Financial Times .
Our angle in this piece is to assess which luxury brand companies are most exposed/dependent on China .
Many of these firms have complex operations in the country , from manufacturing facilities to brick and mortar stores to e-commerce platforms .
Chinese consumers accounted for 40 % of $ 303 billion spent @ @ @ @ @ @ @ The virus outbreak has also disrupted complex supply chains for mid-market apparel brands , like Under Armour , Adidas , and Puma , warning about collapsing demand and factory shutdown woes .
LVMH , Kering , and Richemont are luxury brands that are some of the least exposed to China because their manufacturing facilities are outside the country .
However , Luca Solca , a luxury goods analyst at Bernstein , said it doesn ’ t matter where luxury brands are making their products , the whole demand story in China has collapsed @ @ @ @ @ @ @ , warned earlier this month that the virus outbreak in China could damage sales in the first quarter .
A Moody ’ s report this week showed US-listed luxury brands , Coach and Kate Spade owner Tapestry , have increased their market exposure to China in recent years to gain access to a robust market , allowing their revenues to increase far faster than industry norms .
That strategy today is likely to have backfired .
See : 177 Different Ways to Generate Extra Income Fashion brands from Hennes & Mauritz , Next @ @ @ @ @ @ @ , have built factories in China to take advantage of inexpensive silk , fabrics , and cotton , along with lower labor costs , are now experiencing supply chain disruptions that could lead to product shortages in the months ahead .
The National Chamber for Italian Fashion warned earlier this week that the virus impact in China would lead to a $ 108 million drop in Italian exports in the first quarter because Chinese demand has fallen .
If consumption remains depressed , then luxury exports to China could drop by a whopping @ @ @ @ @ @ @ top executive at Shanghai ’ s luxury shopping mall Plaza 66 said the mall had been deserted this month .
Stores such as Cartier and Tiffany ’ s have been shuttered .
“ We are now , brand by brand , reallocating that inventory to other regions in the world so that we are not too heavy in stock in China , ” Kering chief executive François-Henri Pinault said last week .
The move suggests the environment in China remains dire and to persist well into March .
Jefferies Group noted this week @ @ @ @ @ @ @ luxury brand to China .
The crisis developing in the global luxury retail market is the first demand shock since that last financial crisis more than a decade ago .
Brands that have manufacturing and retail exposure to China will be damaged the most .
UBS analyst Olivia Townsend said luxury brands she spoke with said factories are to remain shut for all of February may lead to product shortages .
The demand crisis comes as the global apparel industry rolls over suggests that world stocks could be headed for a correction .
@ @ @ @ @ @ @ peace , and freedom news .
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By Tyler Durden
The impact of Covid-19 on supply chains has been tremendous. Uncertainty across the global economy is building as China remains in economic paralysis. The luxury fashion industry is suffering its most significant “shock” since the 2008 financial crisis, reported the Financial Times.
Our angle in this piece is to assess which luxury brand companies are most exposed/dependent on China. Many of these firms have complex operations in the country, from manufacturing facilities to brick and mortar stores to e-commerce platforms. Chinese consumers accounted for 40% of $303 billion spent on luxury goods globally last year.
The virus outbreak has also disrupted complex supply chains for mid-market apparel brands, like Under Armour, Adidas, and Puma, warning about collapsing demand and factory shutdown woes.
LVMH, Kering, and Richemont are luxury brands that are some of the least exposed to China because their manufacturing facilities are outside the country.
However, Luca Solca, a luxury goods analyst at Bernstein, said it doesn’t matter where luxury brands are making their products, the whole demand story in China has collapsed.
Kering, the owner of Gucci, warned earlier this month that the virus outbreak in China could damage sales in the first quarter.
A Moody’s report this week showed US-listed luxury brands, Coach and Kate Spade owner Tapestry, have increased their market exposure to China in recent years to gain access to a robust market, allowing their revenues to increase far faster than industry norms. That strategy today is likely to have backfired.
Fashion brands from Hennes & Mauritz, Next of the UK, and Tory Burch, have built factories in China to take advantage of inexpensive silk, fabrics, and cotton, along with lower labor costs, are now experiencing supply chain disruptions that could lead to product shortages in the months ahead.
The National Chamber for Italian Fashion warned earlier this week that the virus impact in China would lead to a $108 million drop in Italian exports in the first quarter because Chinese demand has fallen. If consumption remains depressed, then luxury exports to China could drop by a whopping $250 million in 1H20.
A top executive at Shanghai’s luxury shopping mall Plaza 66 said the mall had been deserted this month. Stores such as Cartier and Tiffany’s have been shuttered.
“We are now, brand by brand, reallocating that inventory to other regions in the world so that we are not too heavy in stock in China,” Kering chief executive François-Henri Pinault said last week. The move suggests the environment in China remains dire and to persist well into March.
Jefferies Group noted this week that Burberry Group is the most exposed luxury brand to China.
The crisis developing in the global luxury retail market is the first demand shock since that last financial crisis more than a decade ago. Brands that have manufacturing and retail exposure to China will be damaged the most.
UBS analyst Olivia Townsend said luxury brands she spoke with said factories are to remain shut for all of February may lead to product shortages.
The demand crisis comes as the global apparel industry rolls over suggests that world stocks could be headed for a correction.
Article source: Zerohedge
Top image: Jing Daily
Subscribe to Activist Post for truth, peace, and freedom news. Become an Activist Post Patron for as little as $1 per month at Patreon. Follow us on SoMee, Flote, Minds, Twitter, and Steemit.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-21--Assange’s Persecution Has Exposed Media Depravity The World Over

This is the speech I gave at a demonstration last night in Melbourne for Julian Assange , whose extradition trial begins February 24th .
Julian Assange started a leak outlet on the premise that corrupt and unaccountable power is a problem in our world , and that problem can be fought with the light of truth .
Corrupt and unaccountable power responded by detaining , silencing and smearing him .
His persecution has proved his own thesis about the world absolutely correct .
Power is the ability to control what happens .
Absolute power is controlling what people think about @ @ @ @ @ @ @ , so if you can control the stories that the humans are telling each other about what ’ s going on , you can control those humans .
This is the power of narrative management .
This is why governments and billionaires use propaganda , advertising , buy up media conglomerates and fund think tanks , employ public relations and spin doctors , buy up troll armies and bot farms : because they know that those who control the narrative , control the world .
You can do whatever you like , as @ @ @ @ @ @ @ think about what you ’ re doing .
No one understands this better than Julian Assange .
He famously said that if wars are started by lies , then they can be stopped by truth .
That ’ s the basis of WikiLeaks .
Bringing truth to the public in the most pristine and revolutionary way possible .
They made it so people could leak documents to them safely , and then they released them with minimal redactions and editorial .
Like many online innovations it cut out the middle man , and @ @ @ @ @ @ @ , are the media spinmeisters who normally present information with an overlay of establishment-friendly narrative .
You know the ones .
The ones that are like , “ Here ’ s what I found out , but more importantly , this is what you should think about what I found out ” .
It had immediate effects .
Global reach , exposing the most corrupt roots of the most powerful people in an environment where the growing alarm at the GFC , climate change and endless war meant that people were hungry for @ @ @ @ @ @ @ still happening despite their unpopularity and despite our every effort to stop them .
The spotlight Assange ’ s persecution has thrown on the institution of journalism is one of the untold stories , mainly because the villains are the journalists–the people we usually rely on to tell us all the stories .
This corruption was unearthed not so much through leaked documents , but through what we have been witnessing as the media-driven public mobbing of Julian Assange the person .
The mainstream media , to this day , lies constantly about @ @ @ @ @ @ @ recent story about Assange it will be littered with smears and lies .
They ’ ll say offhand how he colluded with the Russians like that ’ s true , or that he was “ charged ” with rape , or they ’ ll have a throwaway line about how he smeared poo on the walls of the embassy , or they will say the reason he was granted asylum by Ecuador was to flee rape charges ( like that ’ s a thing ) .
There are dozens and dozens of lies @ @ @ @ @ @ @ throughout any reporting on Assange even after months or years of being debunked .
There is a story on The Guardian website right now from November of 2018 that claims that Assange met with Paul Manafort , Trump ’ s campaign chair .
Can not have happened .
Did not happen .
The Ecuadorian embassy was the most surveilled building on planet earth at the time .
Every single person who went in or out of there had to jump through many bureaucratic hoops .
No video evidence or any evidence at all @ @ @ @ @ @ @ and there were plenty of people who wanted to find it .
It didn ’ t happen .
And yet , that story is still on The Guardian website today over a year after it was first published .
It still comes up as the number one result on Google when you search assange and manafort .
There ’ ve been no retractions .
No apologies .
The Guardian .
Not New Idea .
Not Hello !
.
Not News of the World .
The Guardian .
The bastion of all things worthy @ @ @ @ @ @ @ revealing .
Assange has only ever been persecuted because he exposed US war crimes .
No one has ever gone to jail for those war crimes , but instead of concentrating on that , the press decided to go after Assange .
Let ’ s be clear : when journalists use their power and privilege to cover up and divert attention from war crimes , they become war criminals themselves .
Journalists today are finally waking up to the fact that the legal precedent the Trump administration is setting by reaching out across @ @ @ @ @ @ @ , from an Ecuadorian embassy , in the middle of London , is devastating to journalism all over the world .
Not just in the US , not just in the UK , but all over the world .
No journalist is safe .
Because if they can do that to him , they can do it to anyone .
We also learned that the United States do not consider foreign nationals to have a First Amendment protection , so the US is effectively saying that the long arm of US law can @ @ @ @ @ @ @ they also don ’ t have to extend its protections .
And journalists are finally realizing that , but still silence is pretty deafening .
Australian journalists should be writing furious op-eds vigorously defending Assange and demanding that our politicians act immediately , but at best we are getting tepid , smear-laden , mealy-mouthed wet squibs of copy that try to maintain that they were , of course , correct in the past , but also hit the alarm button .
And it just doesn ’ t work .
Until journalists admit they @ @ @ @ @ @ @ and the US really did want him in jail for publishing like he said back in 2010 , back when they were calling him paranoid , their readers aren ’ t going to notice that its time to change course .
They aren ’ t going to know to act .
There is a lot of confusion about what to do .
Radio host Alan Jones had a very popular Facebook poll going this morning asking whether the Australian government should intervene and bring Assange home .
I saw it a few hours @ @ @ @ @ @ @ for “ Yes ” with thousands of responses already , six days to go , and gathering hundreds of pro-Assange comments .
He deleted it .
Obviously that was not the response he was planning on .
So there is confusion , and there is silence .
But silence is space .
A space has opened up before us .
In Australia right now , there are two kinds of people : those who think that Assange should be brought home , and those who don ’ t want to think about it @ @ @ @ @ @ @ quiet .
And we ’ re so used to being on the defense , we ’ ve gone quiet too .
The narrative is there for the taking .
All we have to do is to stand up as one and take control of this story .
Let our voices ring out .
We must bring him home .
Thanks for reading !
The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for my website , which @ @ @ @ @ @ @ everything I publish .
My work is entirely reader-supported , so if you enjoyed this piece please consider sharing it around , liking me on Facebook , following my antics on Twitter , checking out my podcast on either Youtube , soundcloud , Apple podcasts or Spotify , following me on Steemit , throwing some money into my hat on Patreon or Paypal , purchasing some of my sweet merchandise , buying my new book Rogue Nation : Psychonautical Adventures With Caitlin Johnstone , or my previous book Woke : A Field Guide @ @ @ @ @ @ @ on who I am , where I stand , and what I ’ m trying to do with this platform , click here .
Everyone , racist platforms excluded , has my permission to republish or use any part of this work ( or anything else I ’ ve written ) in any way they like free of charge .
Subscribe to Activist Post for truth , peace , and freedom news .
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Follow us on SoMee @ @ @ @ @ @ @ and Steemit .
Provide , Protect and Profit from what ’ s coming !
Get a free issue of Counter Markets today .

Op-Ed by Caitlin Johnstone
This is the speech I gave at a demonstration last night in Melbourne for Julian Assange, whose extradition trial begins February 24th.
Julian Assange started a leak outlet on the premise that corrupt and unaccountable power is a problem in our world, and that problem can be fought with the light of truth. Corrupt and unaccountable power responded by detaining, silencing and smearing him. His persecution has proved his own thesis about the world absolutely correct.
Power is the ability to control what happens. Absolute power is controlling what people think about what happens. Humans are story-oriented creatures, so if you can control the stories that the humans are telling each other about what’s going on, you can control those humans.
This is the power of narrative management. This is why governments and billionaires use propaganda, advertising, buy up media conglomerates and fund think tanks, employ public relations and spin doctors, buy up troll armies and bot farms: because they know that those who control the narrative, control the world.
You can do whatever you like, as long as you can control what people think about what you’re doing.
No one understands this better than Julian Assange. He famously said that if wars are started by lies, then they can be stopped by truth. That’s the basis of WikiLeaks. Bringing truth to the public in the most pristine and revolutionary way possible. They made it so people could leak documents to them safely, and then they released them with minimal redactions and editorial. Like many online innovations it cut out the middle man, and the middle man, in this case, are the media spinmeisters who normally present information with an overlay of establishment-friendly narrative.
You know the ones. The ones that are like, “Here’s what I found out, but more importantly, this is what you should think about what I found out”.
It had immediate effects. Global reach, exposing the most corrupt roots of the most powerful people in an environment where the growing alarm at the GFC, climate change and endless war meant that people were hungry for the truth about why these things are still happening despite their unpopularity and despite our every effort to stop them.
The spotlight Assange’s persecution has thrown on the institution of journalism is one of the untold stories, mainly because the villains are the journalists–the people we usually rely on to tell us all the stories. This corruption was unearthed not so much through leaked documents, but through what we have been witnessing as the media-driven public mobbing of Julian Assange the person.
The mainstream media, to this day, lies constantly about Assange. If you pick up any recent story about Assange it will be littered with smears and lies. They’ll say offhand how he colluded with the Russians like that’s true, or that he was “charged” with rape, or they’ll have a throwaway line about how he smeared poo on the walls of the embassy, or they will say the reason he was granted asylum by Ecuador was to flee rape charges (like that’s a thing).
There are dozens and dozens of lies, and they get repeated as truth throughout any reporting on Assange even after months or years of being debunked. There is a story on The Guardian website right now from November of 2018 that claims that Assange met with Paul Manafort, Trump’s campaign chair. Can not have happened. Did not happen. The Ecuadorian embassy was the most surveilled building on planet earth at the time. Every single person who went in or out of there had to jump through many bureaucratic hoops.
No video evidence or any evidence at all was ever found for this claim, and there were plenty of people who wanted to find it. It didn’t happen.
And yet, that story is still on The Guardian website today over a year after it was first published. It still comes up as the number one result on Google when you search assange and manafort. There’ve been no retractions. No apologies.
The Guardian. Not New Idea. Not Hello!. Not News of the World. The Guardian. The bastion of all things worthy and noble.
It has been very revealing.
Assange has only ever been persecuted because he exposed US war crimes. No one has ever gone to jail for those war crimes, but instead of concentrating on that, the press decided to go after Assange.
Let’s be clear: when journalists use their power and privilege to cover up and divert attention from war crimes, they become war criminals themselves.
Journalists today are finally waking up to the fact that the legal precedent the Trump administration is setting by reaching out across the Atlantic, taking an Australian journalist, from an Ecuadorian embassy, in the middle of London, is devastating to journalism all over the world. Not just in the US, not just in the UK, but all over the world. No journalist is safe. Because if they can do that to him, they can do it to anyone.
We also learned that the United States do not consider foreign nationals to have a First Amendment protection, so the US is effectively saying that the long arm of US law can extend to get you anywhere, but they also don’t have to extend its protections.
And journalists are finally realizing that, but still silence is pretty deafening. Australian journalists should be writing furious op-eds vigorously defending Assange and demanding that our politicians act immediately, but at best we are getting tepid, smear-laden, mealy-mouthed wet squibs of copy that try to maintain that they were, of course, correct in the past, but also hit the alarm button.
And it just doesn’t work.
Until journalists admit they were wrong and Assange was right, and the US really did want him in jail for publishing like he said back in 2010, back when they were calling him paranoid, their readers aren’t going to notice that its time to change course. They aren’t going to know to act.
There is a lot of confusion about what to do. Radio host Alan Jones had a very popular Facebook poll going this morning asking whether the Australian government should intervene and bring Assange home. I saw it a few hours ago and it was at 75 percent for “Yes” with thousands of responses already, six days to go, and gathering hundreds of pro-Assange comments. He deleted it. Obviously that was not the response he was planning on.
So there is confusion, and there is silence. But silence is space. A space has opened up before us. In Australia right now, there are two kinds of people: those who think that Assange should be brought home, and those who don’t want to think about it at all. They’ve gone quiet. And we’re so used to being on the defense, we’ve gone quiet too.
A space has opened up.
The narrative is there for the taking.
All we have to do is to stand up as one and take control of this story.
Let our voices ring out.
This man is innocent.
We must bring him home.
Publishing is not a crime!
Viva Assange!
Thanks for reading! The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for my website, which will get you an email notification for everything I publish. My work is entirely reader-supported, so if you enjoyed this piece please consider sharing it around, liking me on Facebook, following my antics on Twitter, checking out my podcast on either Youtube, soundcloud, Apple podcasts or Spotify, following me on Steemit, throwing some money into my hat on Patreon or Paypal, purchasing some of my sweet merchandise, buying my new book Rogue Nation: Psychonautical Adventures With Caitlin Johnstone, or my previous book Woke: A Field Guide for Utopia Preppers. For more info on who I am, where I stand, and what I’m trying to do with this platform, click here. Everyone, racist platforms excluded, has my permission to republish or use any part of this work (or anything else I’ve written) in any way they like free of charge.
Subscribe to Activist Post for truth, peace, and freedom news. Become an Activist Post Patron for as little as $1 per month at Patreon. Follow us on SoMee, Flote, Minds, Twitter, and Steemit.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-23--US Biowarfare Act Author: Studies Confirm Coronavirus Weaponized

In this interview , the author of the US Biowarfare Act , Professor Francis Boyle , uncovers four separate studies which he claims confirm as ‘ smoking gun ’ evidence the Wuhan coronavirus , now known as COVID-19 , was in fact weaponized .
Professor Boyle also discloses where he believes the true origin of the virus originated and the extent that the US government was involved .
This is a must-see interview as Professor Boyle also reveals never before disclosed information .
Also See : Interview : Author of US BioWeapons Act Believes The WHO & China Are Lying @ @ @ @ @ @ @ glycoprotein of the new coronavirus 2019-nCoV contains a furin-like cleavage site absent in CoV of the same clade https : //www.sciencedirect.com/ science/article/abs/pii/ S0166354220300528 Study : Angiotensin-converting enzyme 2 ( ACE2 ) proteins of different bat species confer variable susceptibility to SARS-CoV entry https : //link.springer.com/ article/10.1007/s00705-010- 0729-6 ?
fbclid= IwAR3yNfuHykjJbuDGMNqfo6eEFAZ5 IqJ_ KE9dgcrspGn4xdRQDFBYR8y4MP4 Study : The possible origins of 2019-nCoV coronavirus https : //web.archive.org/web/ 20200214144447/https : //www .
researchgate.net/publication/ 339070128_The_possible_ origins_of_2019-nCoV_ coronavirus Study : Clinical characteristics of 2019 novel coronavirus infection in China https : //www.medrxiv.org/ content/10.1101/2020.02.06 .
20020974v1 Full transcript of “ smoking @ @ @ @ @ @ @ Boyle exposes the bioweapons origins of the CoVid-19 coronavirus https : //www.naturalnews.com/ 2020-02-20-full-transcript- smoking-gun-interview-prof- frances-boyle-coronavirus- bioweapons.html Subscribe to Activist Post for truth , peace , and freedom news .
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By Spiro Skouras
In this interview, the author of the US Biowarfare Act, Professor Francis Boyle, uncovers four separate studies which he claims confirm as ‘smoking gun’ evidence the Wuhan coronavirus, now known as COVID-19, was in fact weaponized.
Professor Boyle also discloses where he believes the true origin of the virus originated and the extent that the US government was involved.
This is a must-see interview as Professor Boyle also reveals never before disclosed information.

Links
Study: The spike glycoprotein of the new coronavirus 2019-nCoV contains a furin-like cleavage site absent in CoV of the same clade
https://www.sciencedirect.com/ science/article/abs/pii/ S0166354220300528
Study: SARS-like cluster of circulating bat coronavirus pose threat for human emergence
https://www.ncbi.nlm.nih.gov/ pmc/articles/PMC4797993/
Study: Angiotensin-converting enzyme 2 (ACE2) proteins of different bat species confer variable susceptibility to SARS-CoV entry
https://link.springer.com/ article/10.1007/s00705-010- 0729-6?fbclid= IwAR3yNfuHykjJbuDGMNqfo6eEFAZ5 IqJ_ KE9dgcrspGn4xdRQDFBYR8y4MP4
Study: The possible origins of 2019-nCoV coronavirus
https://web.archive.org/web/ 20200214144447/https://www. researchgate.net/publication/ 339070128_The_possible_ origins_of_2019-nCoV_ coronavirus
Study: Clinical characteristics of 2019 novel coronavirus infection in China
https://www.medrxiv.org/ content/10.1101/2020.02.06. 20020974v1
SMOKING GUN: China Bought Weaponized Wuhan Virus From U.S.
https://banned.video/watch?id= 5e4d9a96ceaa970024aa6fbf
Full transcript of “smoking gun” bombshell interview: Prof. Francis Boyle exposes the bioweapons origins of the CoVid-19 coronavirus
https://www.naturalnews.com/ 2020-02-20-full-transcript- smoking-gun-interview-prof- frances-boyle-coronavirus- bioweapons.html
Follow Spiro on BitChute bitchute.com/channel/spiro/ Follow on Twitter https://twitter.com/o_rips
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Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-23--PODCAST: Coronavirus Coincidences & Military World Games with Spiro Skouras

Regular readers of Activist Post might have seen Spiro ’ s many reports about about the Covid-19 coronavirus .
In this podcast , he is interviewed by Monica Perez and Brad Binkley from The Propaganda Report to cover the drills which occurred before the outbreak , the Military World Games , as well as the very latest developments in China and around the world .
If you find value in the content we produce and want to help us keep this train rollin , drop us a donation via PayPal or become a Patreon .
( links below ) Every @ @ @ @ @ @ @ And thank you to everyone who has and continues to support the show .
It ’ s your support that enables us to continue producing shows .
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Become an Activist Post Patron for as little as $ 1 per month at Patreon .
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Provide , Protect and Profit from what ’ s coming !
Get a free issue of @ @ @ @

Regular readers of Activist Post might have seen Spiro’s many reports about about the Covid-19 coronavirus.
In this podcast, he is interviewed by Monica Perez and Brad Binkley from The Propaganda Report to cover the drills which occurred before the outbreak, the Military World Games, as well as the very latest developments in China and around the world.
Follow Spiro on Twitter @o_rips
https://twitter.com/o_rips
Spiro on BitChute
Spiro on YouTube
Spiro on Activist Post
DONATE TO THE PROPAGANDA REPORT
If you find value in the content we produce and want to help us keep this train rollin, drop us a donation via PayPal or become a Patreon. (links below) Every little bit helps. Thank you! And thank you to everyone who has and continues to support the show. It’s your support that enables us to continue producing shows. Become a Patron at Patreon HERE.
Image: New China TV
Subscribe to Activist Post for truth, peace, and freedom news. Become an Activist Post Patron for as little as $1 per month at Patreon. Follow us on SoMee, Flote, Minds, Twitter, and Steemit.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-23--We’re Asking One Question In Assange’s Case: Should Journalists Be Punished For Exposing War Crimes?

This is a speech I gave yesterday at a demonstration for Assange with the Socialist Equality Party Australia .
Tomorrow in the UK a judge will start the process of answering a very important question .
It ’ s a question that many of us knew was the heart of this debate back in 2010 , ten years ago , when this all started .
It ’ s a question that they have been obfuscating , bloviating , huffily denying , smearing , gaslighting , and distracting from–basically doing anything they can to hide it from view .
It ’ @ @ @ @ @ @ @ t want the public to know that we are answering .
A question that goes to the heart of democracy , and to the heart of the role of the fourth estate , journalism .
And that question is this : Should journalists and publishers be punished for exposing US war crimes ?
And , ancillary to that question : should we allow them to be punished by the very people who committed those war crimes ?
Is that something that we want for our world , ongoing ?
Because our answer to @ @ @ @ @ @ @ society , our civilization , for generations to come .
There is no coming back from this for a very long time should the answer be , “ Yes !
Yes , it ’ s fine , war criminals should go ahead and punish journalists for publishing true facts about their war crimes.
” If we allow the answer to be yes , then the endless stupid wars that everyone wants done with , from Melbourne to Kabul , from Sydney to Syria , right across the world people are done with these @ @ @ @ @ @ @ people like us who are very insulated from the effects of war want them over with , let alone the children of Pakistan who fear a sunny day because drones only fly in a blue sky , or the children of Syria whose country is being terrorized by “ moderate rebels ” armed and funded by the US war machine , or the starving children of Yemen who are being bombed constantly by munitions made in the good ol ’ U S of A .
No one wants war except those who make @ @ @ @ @ @ @ s the most evil thing that humans are capable of .
It is murder .
It is theft .
It is rape .
It targets and traumatizes and displaces our planet ’ s most vulnerable populations .
It destroys the environment .
It leaves behind cancer-causing waste .
It ’ s like as if the worst serial killer is going on the worst killing spree while dumping planet-killing chemicals behind him , but instead of running from the cops , he ’ s been given a trillion-dollar budget and immunity from prosecution .
@ @ @ @ @ @ @ the world we have currently .
The question that is being posed in Assange ’ s case is , should we be allowed to question this ?
Should we be allowed to expose it ?
Should we be allowed to stop it ?
Julian Assange ’ s case is a nexus point of where to next .
I was thinking on the way over here what I would most like to say to Julian if I had the chance .
If I could tell him anything right now it would be , “ @ @ @ @ @ @ @ ve done all you can .
We ’ ve got you .
Let us take it from here.
” Assange acted as a kind of lightning rod for all this bullshit for all those years , and through what they did to him , we saw their true face .
We saw their true evil .
We know what they are now , and we know how they do it , we ’ ve seen enough to know how they operate .
And in the end it ’ s never about one man @ @ @ @ @ @ @ movement .
It ’ s our job now to stand up now and say as one “ We do not consent ” , and carry him out of there ourselves if we have to .
This is where we ’ re at .
We need to decide , do we evolve , or devolve ?
Do we pivot towards utopia , or dystopia ?
The persecution of Assange is so blatantly , obviously wrong that the only thing stopping people from seeing it is empire propaganda .
You don ’ t have to @ @ @ @ @ @ @ even have to be smart .
You just have to have to have eyes that are unfiltered by narrative manipulation .
Anyone with common sense and a beating heart in their chest can see this is wrong .
Should journalists be tortured and imprisoned for life when they expose war crimes ?
The answer is not complicated .
It ’ s obvious to anyone who hasn ’ t been propagandized out of their own clarity .
Assange ’ s plight only looks complicated when you add on layers of narrative and verbiage .
@ @ @ @ @ @ @ man , hacker not a journalist !
Mueller sexist Trump poop on the walls , Nazi Putin !
” Without all the spin it ’ s very obvious he ’ s being torturously , unjustly persecuted .
It really is an “ emperor has no clothes ” thing .
The court propagandists fill our ears with fancy words about what a bad man Assange is , and why he must be dealt with , they ’ re trying to tell you that the emperor ’ s clothes are invisible to those aren ’ @ @ @ @ @ @ @ yell “ Hey !
Why is the emperor ass-dick naked ?
Dude , I can see him !
I can see his willy !
” This is why there are no counter protests here today .
There are no regular , every day citizens taking to the streets with signs saying “ Jail all the journalists !
Endless war for all !
” Some people still have strong feelings about Assange , but they ’ re just feelings , and you ’ ll find that it ’ s usually about only one or @ @ @ @ @ @ @ they turn and try to find evidence for the particular smears that have snagged them , they find nothing .
That ’ s why Nils Melzer , the UN ’ s Special Rapporteur on torture , is such a courageous figure to me .
When people first approached him to look in to Assange ’ s case , he was reluctant because he too had been affected by the smears .
When he turned to the evidence though , he found no substance there .
Because of his honorability , though , he @ @ @ @ @ @ @ , and being wrong , he swallowed his pride and he changed course .
And he very quickly became one of our most powerful allies in the fight to expose war crimes , expose propaganda , expose the modern-day mobbing and torture tactics used against Assange , and expose the precedent that Assange ’ s prosecution will set for journalists and publishers world wide .
And you know what ?
I think the power behind his testimony comes from the fact that he realized that he had been duped , and if he @ @ @ @ @ @ @ , worldly , informed and educated person could be duped , then anyone can be .
No one is immune .
Human minds are hackable .
We ’ re all very busy with our lives .
We ’ re all kept busy by capitalism , and very few of us have the time to do what he did and sit down and take a look at the facts and assess them .
And even if they did that , even fewer of them have had the courage of their convictions to put up @ @ @ @ @ @ @ .
Being manipulated isn ’ t immoral , being a manipulator is .
People feel ashamed when they ’ ve been conned , but it ’ s not their fault ; it ’ s always the fault of the con man .
That ’ s why fraud is the crime , and being defrauded is being a victim of that crime .
In order for people to see this question that we ’ re asking ourselves–the question of whether journalists should be punished for exposing war crimes–clearly they have to admit that they @ @ @ @ @ @ @ ’ s not their fault , but they will be embarrassed to admit it .
This shame underpins a lot of reluctance to join us here today , so I think it ’ s important to outline .
So when you ’ re talking to your friends and family , keep in mind that they ’ re hurting .
They ’ re afraid of feeling the shame of having been duped , because in our crazy , ass-backwards culture , being duped is considered shameful while duping people just makes you a productive @ @ @ @ @ @ @ them .
Reassure them that it ’ s not going to be the end of the world if they change their mind .
In fact , it may be the end of the world if they don ’ t .
That ’ s why I find Nils Melzer ’ s testimony to be so powerful : because it exposes the abusive nature of propaganda , and he modeled how to act when we find ourselves on the wrong side of the debate .
His very existence gives me hope because it means that @ @ @ @ @ @ @ all over the world .
Actually , I ’ ve seen it already myself .
There ’ s a huge movement in Germany gaining traction supporting Assange .
It was the prisoners of Belmarsh who organized three separate petitions and got Julian out of solitary ( how ’ s that for grassroots activism ? )
.
Just on Friday Alan Jones posted a poll on Facebook that posed the question “ should the Australian government do more to help Julian Assange and bring him home ?
” .
Thousands of people answered and @ @ @ @ @ @ @ !
Yes we should bring him home.
” Underneath the poll there were hundreds of comments in support of Assange .
So the tide is changing .
Is it enough ?
I reckon it might be .
But we have to keep pushing on it like our lives depend on it , because they do .
Thanks for reading !
The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for my website , which will get you @ @ @ @ @ @ @ .
My work is entirely reader-supported , so if you enjoyed this piece please consider sharing it around , liking me on Facebook , following my antics on Twitter , checking out my podcast on either Youtube , soundcloud , Apple podcasts or Spotify , following me on Steemit , throwing some money into my hat on Patreon or Paypal , purchasing some of my sweet merchandise , buying my new book Rogue Nation : Psychonautical Adventures With Caitlin Johnstone , or my previous book Woke : A Field Guide for Utopia Preppers @ @ @ @ @ @ @ am , where I stand , and what I ’ m trying to do with this platform , click here .
Everyone , racist platforms excluded , has my permission to republish or use any part of this work ( or anything else I ’ ve written ) in any way they like free of charge .
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Get a free issue of Counter Markets today .

By Caitlin Johnstone
This is a speech I gave yesterday at a demonstration for Assange with the Socialist Equality Party Australia.
Tomorrow in the UK a judge will start the process of answering a very important question. It’s a question that many of us knew was the heart of this debate back in 2010, ten years ago, when this all started. It’s a question that they have been obfuscating, bloviating, huffily denying, smearing, gaslighting, and distracting from–basically doing anything they can to hide it from view.
It’s a question that they don’t want the public to know that we are answering. A question that goes to the heart of democracy, and to the heart of the role of the fourth estate, journalism. And that question is this:
Should journalists and publishers be punished for exposing US war crimes?
And, ancillary to that question: should we allow them to be punished by the very people who committed those war crimes?
Is that something that we want for our world, ongoing? Because our answer to this question is going to shape our society, our civilization, for generations to come.
There is no coming back from this for a very long time should the answer be, “Yes! Yes, it’s fine, war criminals should go ahead and punish journalists for publishing true facts about their war crimes.”
If we allow the answer to be yes, then the endless stupid wars that everyone wants done with, from Melbourne to Kabul, from Sydney to Syria, right across the world people are done with these stupid wars for profit.
Even the people like us who are very insulated from the effects of war want them over with, let alone the children of Pakistan who fear a sunny day because drones only fly in a blue sky, or the children of Syria whose country is being terrorized by “moderate rebels” armed and funded by the US war machine, or the starving children of Yemen who are being bombed constantly by munitions made in the good ol’ U S of A.
No one wants war except those who make big bucks from it. It’s the most evil thing that humans are capable of. It is murder. It is theft. It is rape. It targets and traumatizes and displaces our planet’s most vulnerable populations. It destroys the environment. It leaves behind cancer-causing waste.
It’s like as if the worst serial killer is going on the worst killing spree while dumping planet-killing chemicals behind him, but instead of running from the cops, he’s been given a trillion-dollar budget and immunity from prosecution.
This is already happening. This is the world we have currently. The question that is being posed in Assange’s case is, should we be allowed to question this? Should we be allowed to expose it? Should we be allowed to stop it?
Julian Assange’s case is a nexus point of where to next.
I was thinking on the way over here what I would most like to say to Julian if I had the chance. If I could tell him anything right now it would be, “Rest now, mate. You’ve done all you can. We’ve got you. Let us take it from here.” Assange acted as a kind of lightning rod for all this bullshit for all those years, and through what they did to him, we saw their true face. We saw their true evil. We know what they are now, and we know how they do it, we’ve seen enough to know how they operate. And in the end it’s never about one man, it’s always about the movement. It’s our job now to stand up now and say as one “We do not consent”, and carry him out of there ourselves if we have to.
This is where we’re at. We need to decide, do we evolve, or devolve? Do we pivot towards utopia, or dystopia?
The persecution of Assange is so blatantly, obviously wrong that the only thing stopping people from seeing it is empire propaganda. You don’t have to be well-read. You don’t even have to be smart. You just have to have to have eyes that are unfiltered by narrative manipulation.
Anyone with common sense and a beating heart in their chest can see this is wrong. Should journalists be tortured and imprisoned for life when they expose war crimes? The answer is not complicated. It’s obvious to anyone who hasn’t been propagandized out of their own clarity.
Assange’s plight only looks complicated when you add on layers of narrative and verbiage. “Ah but Sweden stinky, stink man, hacker not a journalist! Mueller sexist Trump poop on the walls, Nazi Putin!”
Without all the spin it’s very obvious he’s being torturously, unjustly persecuted. It really is an “emperor has no clothes” thing. The court propagandists fill our ears with fancy words about what a bad man Assange is, and why he must be dealt with, they’re trying to tell you that the emperor’s clothes are invisible to those aren’t educated.
But the unpropagandized just yell “Hey! Why is the emperor ass-dick naked? Dude, I can see him! I can see his willy! ”
This is why there are no counter protests here today. There are no regular, every day citizens taking to the streets with signs saying “Jail all the journalists! Endless war for all!” Some people still have strong feelings about Assange, but they’re just feelings, and you’ll find that it’s usually about only one or two of the smears, and if they turn and try to find evidence for the particular smears that have snagged them, they find nothing.
That’s why Nils Melzer, the UN’s Special Rapporteur on torture, is such a courageous figure to me. When people first approached him to look in to Assange’s case, he was reluctant because he too had been affected by the smears. When he turned to the evidence though, he found no substance there.
Because of his honorability, though, he felt through the embarrassment of being duped, and being wrong, he swallowed his pride and he changed course. And he very quickly became one of our most powerful allies in the fight to expose war crimes, expose propaganda, expose the modern-day mobbing and torture tactics used against Assange, and expose the precedent that Assange’s prosecution will set for journalists and publishers world wide.
And you know what? I think the power behind his testimony comes from the fact that he realized that he had been duped, and if he, a very intelligent, well read, worldly, informed and educated person could be duped, then anyone can be.
No one is immune. Human minds are hackable. We’re all very busy with our lives. We’re all kept busy by capitalism, and very few of us have the time to do what he did and sit down and take a look at the facts and assess them. And even if they did that, even fewer of them have had the courage of their convictions to put up with the social consequences of changing course.
Being manipulated isn’t immoral, being a manipulator is. People feel ashamed when they’ve been conned, but it’s not their fault; it’s always the fault of the con man. That’s why fraud is the crime, and being defrauded is being a victim of that crime.
In order for people to see this question that we’re asking ourselves–the question of whether journalists should be punished for exposing war crimes–clearly they have to admit that they have been victims of propaganda. It’s not their fault, but they will be embarrassed to admit it. This shame underpins a lot of reluctance to join us here today, so I think it’s important to outline.
So when you’re talking to your friends and family, keep in mind that they’re hurting. They’re afraid of feeling the shame of having been duped, because in our crazy, ass-backwards culture, being duped is considered shameful while duping people just makes you a productive member of society.
Be gentle with them. Reassure them that it’s not going to be the end of the world if they change their mind. In fact, it may be the end of the world if they don’t.
That’s why I find Nils Melzer’s testimony to be so powerful: because it exposes the abusive nature of propaganda, and he modeled how to act when we find ourselves on the wrong side of the debate. His very existence gives me hope because it means that there are others like him waking up all over the world.
Actually, I’ve seen it already myself. There’s a huge movement in Germany gaining traction supporting Assange. It was the prisoners of Belmarsh who organized three separate petitions and got Julian out of solitary (how’s that for grassroots activism?). Just on Friday Alan Jones posted a poll on Facebook that posed the question “should the Australian government do more to help Julian Assange and bring him home?”. Thousands of people answered and there was a 75 percent “Yes! Yes we should bring him home.” Underneath the poll there were hundreds of comments in support of Assange.
So the tide is changing. Is it enough? I reckon it might be. But we have to keep pushing on it like our lives depend on it, because they do.
Viva Assange!
Thank you.
Thanks for reading! The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for my website, which will get you an email notification for everything I publish. My work is entirely reader-supported, so if you enjoyed this piece please consider sharing it around, liking me on Facebook, following my antics on Twitter, checking out my podcast on either Youtube, soundcloud, Apple podcasts or Spotify, following me on Steemit, throwing some money into my hat on Patreon or Paypal, purchasing some of my sweet merchandise, buying my new book Rogue Nation: Psychonautical Adventures With Caitlin Johnstone, or my previous book Woke: A Field Guide for Utopia Preppers. For more info on who I am, where I stand, and what I’m trying to do with this platform, click here. Everyone, racist platforms excluded, has my permission to republish or use any part of this work (or anything else I’ve written) in any way they like free of charge.
Subscribe to Activist Post for truth, peace, and freedom news. Become an Activist Post Patron for as little as $1 per month at Patreon. Follow us on SoMee, Flote, Minds, Twitter, and Steemit.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.


activistpost--2020-02-23--China Faces Financial Armageddon With 85% Of Businesses Set To Run Out Of Cash In 3 Months

For the past two weeks , even as the market took delight in China ’ s doctored and fabricated numbers showing the coronavirus spread was “ slowing ” , we warned again and again that not only was this not the case ( which recent data out of South Korea , Japan and now Italy has confirmed ) , but that for all its assertions to the contrary , China ’ s workers simply refused to go back to work ( even with FoxConn offering its workers extra bonuses just to return to the factory ) and as a result @ @ @ @ @ @ @ halt as we described in : • China Has Ground To A Halt : “ On The Ground ” Indicators Confirm Worst-Case Scenario • China Is Disintegrating : Steel Demand , Property Sales , Traffic All Approaching Zero Unfortunately , it ’ s not getting any better as the latest high frequency updates out of China demonstrate : Let ’ s start with Chinese businesses : while China ’ s giant state-owned SOEs will likely have enough of a liquidity lifeblood to last them for 2-3 quarters , it is the country ’ @ @ @ @ @ @ @ head on collision with an iceberg , because according to the Nikkei , over 85 % of small businesses – which employ 80 % of China ’ s population – expect to run out of cash within three months , and a third expect the cash to be all gone within a month .
Should this happen , not only will China ’ s economy collapse , but China ’ s $ 40 trillion financial system will disintegrate , as it is suddenly flooded with trillions in bad loans .
Take the case @ @ @ @ @ @ @ his aluminum facade panel factory in China ’ s southern city of Dongguan after an extended Lunar New Year break .
To his shock , less than a third of its roughly 200 migrant workers showed up .
“ They couldn ’ t make their way back , ” the Hong Kong businessman said .
Most of his workers hail from central-western China , including 11 from Hubei Province , the epicenter of the coronavirus outbreak that has killed more than 2,000 people .
Many said they had been banned from leaving their @ @ @ @ @ @ @ epidemic .
Lau ’ s business had already been hurt by the 25 % tariff on aluminum products the U.S. imposed in its tit-for-tat trade war with China .
Now he worries the production constraints will give American customers another reason to cancel orders and switch to Southeast Asian suppliers .
The virus is making a bad situation “ worse , ” he said .
See : 177 Different Ways to Generate Extra Income Lau is not alone : this same double blow is hitting small and midsize enterprises across China , prompting @ @ @ @ @ @ @ government to step in and offer lifelines .
The stakes could not be higher : These smaller employers account for 99.8 % of registered companies in China and employ 79.4 % of workers , according to the latest official statistics .
They contribute more than 60 % of gross domestic product and , for the government , more than 50 % of tax revenue .
In short : they are the beating heart of China ’ s economy .
Companies like Lau ’ s that have resumed some production are the lucky ones @ @ @ @ @ @ @ completely stalled due to the virus .
Many owners have no other choice but pray that things return to normal before they careen off a financial cliff .
And here is the stark reality of China ’ s T-minus 3 months countdown : 85 % of 1,506 SMEs surveyed in early February said they expect to run out of cash within three months , according to a report by Tsinghua University and Peking University .
And forget about profits for the foreseeable future : one-third of the respondents said the outbreak is likely @ @ @ @ @ @ @ more than 50 % , according to the Nikkei .
“ Most SMEs in China rely on operating revenue and they have fewer sources for funding ” than large companies and state-owned enterprises , said Zhu Wuxiang , a professor at Tsinghua University ’ s School of Economics and Management and a lead author of the report .
The problem with sequential supply chains is that these also apply to the transfer of liquidity : employers need to pay landlords , workers , suppliers and creditors – regardless of whether they can regain @ @ @ @ @ @ @ abrupt and lasting delays will wreak havoc on China ’ s economic ecosystem .
“ The longer the epidemic lasts , the larger the cash gap drain will be , ” Zhu said , adding that companies affected by the trade war face a greater danger of bankruptcy because many are already heavily indebted .
“ Self-rescue will not be enough .
The government will need to lend help.
” So where are we nearly two months after the epidemic started ?
Well , as of last Monday , only about 25 % @ @ @ @ @ @ @ China ’ s tier-one cities , according to an estimate by Japanese brokerage Nomura , based on data from China ’ s Baidu .
By the same time last year , 93 % were back on the job .
And making matters worse , as we first noted several weeks ago , local governments around the country face a daunting question of whether to focus on staving off the virus or encourage factory reopenings , as the following tweet perfectly captures .
As long as the national logistics network “ is still in @ @ @ @ @ @ @ China economist , Lu Ting said , there might be little to gain from rushing restarts , whereas “ the cost of a rebound in infections might be quite high.
” He expects economic activity to pick up again in a couple of months , although the longer Beijing fails to confidently put an end to the pandemic , the longer it will take for activity to return to normal .
Meanwhile , the 3-month countdown clock is ticking… Don ’ t tell that to Zhou Dewen , the chairman of the Small @ @ @ @ @ @ @ city of Wenzhou , who knows this and agrees that this crisis is worse than SARS .
Far , far worse .
In fact , he said , it is “ the most severe ” of any crisis in the 40 years since China embarked on major economic reforms .
He sees not a double but a “ triple whammy , ” factoring in the economic slowdown the country was experiencing even before the trade conflict and the virus .
Wenzhou , on the coast of Zhejiang Province , was the first city @ @ @ @ @ @ @ an attempt to stop the pathogen .
As of last week , Zhou said , only factories that produce medical supplies had been allowed to resume work .
“ What entrepreneurs need is confidence , ” Zhou said .
“ But first they need to survive.
” He is hoping the government will offer fiscal support and tax breaks to buy more time for small businesses .
Some local governments have already responded to such pleas by waiving electric bills and delaying taxes , social security payments and loans .
But for some @ @ @ @ @ @ @ consolation .
Worse , last Sunday the communist party ’ s mouthpiece , the Global Times , suggested that instead of waiting for fiscal bailouts , Beijing will have no choice but to cut spending and unleash austerity , a move that would have catastrophic consequences for China .
But even if Beijing does ease fiscally , it is unclear just what it can do short of printing money and handing it out to everyone .
“ A tax reduction doesn ’ t help if you don ’ t even have income , @ @ @ @ @ @ @ scrape together around 700,000 yuan ( $ 100,000 ) for rent and the salaries of about 40 employees .
Zhu reckons her company will lose about 3 million yuan in profit over the two months .
Besides the postponements , couples that were looking at wedding options before the outbreak have put their planning on hold .
There is little room , it seems , to think about love in the time of the coronavirus .
“ This is the most difficult time I have ever experienced ” after 11 years of running @ @ @ @ @ @ @ worst part might be the uncertainty : She has no idea when the authorities might lift the ban or whether she can make it that long .
“ All of this is unknown to us , ” Zhu said .
She is not alone : Wu Hai , owner of Mei KTV , a chain of 100 Karaoke bars across China , took to the nation ’ s premier outlet of discontent , social media platform WeChat , to voice his despair .
KTV ’ s bars have been closed by the government @ @ @ @ @ @ @ its cash flow .
The special loans from the authorities will be of little help and no bank will provide a loan without enough collateral and cash flow , he said on his official WeChat account earlier this month .
On WeChat , Wu gave himself two months before he has to shutter his business .
It ’ s not just Japan ’ s flagship financial publication and owner of the Financial Times , the Nikkei , that is dramatically changing the narrative away from “ all shall be well.
” In its @ @ @ @ @ @ @ “ Millions of Chinese Firms Face Collapse If Banks Don ’ t Act Fast ” and described the plight of Brigita , a director at one of China ’ s largest car dealers , who is also running out of options .
Her firm ’ s 100 outlets have been closed for about a month because of the coronavirus , cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months .
There are also other creditors to think about @ @ @ @ @ @ @ pay back the bonds , it will be very , very bad , ” said Brigita , whose company has 10,000 employees and sells mid- to high-end car brands such as BMWs .
She asked that only her first name be used and that her firm not be identified because she isn ’ t authorized to speak to the press .
With much of China ’ s economy still idled as authorities try to contain an epidemic that has infected more than 75,000 people , millions of companies across the country are in @ @ @ @ @ @ @ afloat .
The irony , of course , is that all this is happening even as China has in fact eased dramatically in recent weeks , from cutting rates , to engaging in a barrage of mini stimulus measures , to injecting massive amounts of liquidity , to cutting taxes , to supporting virus-stricken companies… … to flooding the economy with a record 5 trilion in loans and shadow debt in the last month .
Yet while China ’ s government has cut interest rates , ordered banks to boost lending and loosened @ @ @ @ @ @ @ many of the nation ’ s private businesses say they ’ ve been unable to access the funding they need to meet upcoming deadlines for debt and salary payments .
Without more financial support or a sudden rebound in China ’ s economy , some may have to shut for good .
“ If China fails to contain the virus in the first quarter , I expect a vast number of small businesses would go under , ” said Lv Changshun , an analyst at Beijing Zhonghe Yingtai Management Consultant company .
Said @ @ @ @ @ @ @ , it faces an economic shock the likes of which it has never seen before .
Yet it can ’ t reboot the economy unless it truly stops the viral pandemic , something it will never be able to do if it lies to the population that the pandemic is almost over in hopes of forcing people to get back to work .
Hence the most diabolic Catch 22 for China ’ s social and economic system , because whereas until now China could easily lie its way out of any problem , @ @ @ @ @ @ @ the underlying ( viral pandemic ) problem worse as sick people return to work , only to infect even more co-workers , forcing even more businesses to be quarantined .
Some , like Bloomberg , blame the banks .
Alas , it is not that simple : as we explained two weeks ago in “ China ’ s Banks Face $ 6 Trillion Coronavirus Cataclysm If Epidemic Is Not Contained Soon “ , China ’ s banks are rapidly retrenching well-aware that they face an explosion in bad debt as the bulk of @ @ @ @ @ @ @ , it makes little sense for them to throw good money after bad , and instead most are hunkering down in anticipation of the coming shock .
Indeed , as even Bloomberg concedes , banks are hardly any better off themselves : The bottom line is that for both companies and their bank lenders ( and sources of potential rescue financing ) , there is one commodity in very short supply : trust .
Trust that the counterparty will do the right thing ; trust that the government will treat everyone fairly instead @ @ @ @ @ @ @ connected politicians .
Trust , which in China in general has been lacking for years , as the formerly communist country succumbed to crony hypercapitalism with Chinese characteristics , one in which knowing who to bribe and who to lie to meant the difference between success and failure .
Trust was never cultivated .
And now that lack of trust is about to cost China dearly .
In any case , the lack of far more funding means that China ’ s smaller businesses whose revenue have suddenly collapsed , have just weeks @ @ @ @ @ @ @ Brigita , whose firm owes money to dozens of banks , said she has so far only reached an agreement with a handful to extend payment deadlines by two months .
For now , the company is still paying salaries .
But those will stop too .
And that ’ s when the real crisis begins as hundreds of millions of workers suddenly find themselves unemployed .
For some the crisis has already begun .
Wang Qiang , a 23-year-old migrant worker , has been unable to find work in Shenzhen after three @ @ @ @ @ @ @ the limited factory job openings , the Nikkei notes that he faces another major obstacle : his identification labels him a native of Hubei .
His home province , where the virus originated , accounts for the vast majority of the 74,000-plus mainland infections and most of the deaths .
“ The labor dispatch companies told me that the factories don ’ t want people from Hubei , ” he said .
The fact that he did not go home for the Lunar New Year holidays seems to make no difference .
Wang @ @ @ @ @ @ @ of an uncompleted building .
“ I ’ ll wait and see if the situation gets better when companies restart work on Feb. 24.
” In a few short hours Wang will be greatly disappointed .
He won ’ t be the last one , however , and if China ’ s doesn ’ t find some miraculous solution to the current coronavirus crisis , in two months China will face a financial , economic and social cataclysm the likes of which it has never seen in its modern history .
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By Tyler Durden
For the past two weeks, even as the market took delight in China’s doctored and fabricated numbers showing the coronavirus spread was “slowing”, we warned again and again that not only was this not the case (which recent data out of South Korea, Japan and now Italy has confirmed), but that for all its assertions to the contrary, China’s workers simply refused to go back to work (even with FoxConn offering its workers extra bonuses just to return to the factory) and as a result the domestic economy had ground to a halt as we described in:
Unfortunately, it’s not getting any better as the latest high frequency updates out of China demonstrate:
Also, unfortunately, it is getting worse; because as we explained several weeks ago, China is now fighting against time to reboot its economy, and the longer the paralysis continues, the more dire the outcome for both China’s banks and local companies. And since it is no longer just “scaremongering” by “conspiracy blogs”, but rather conventional wisdom that China may implode, here is a summary of how the narrative that “it will all be over by mid-March” is dramatically changing.
Let’s start with Chinese businesses: while China’s giant state-owned SOEs will likely have enough of a liquidity lifeblood to last them for 2-3 quarters, it is the country’s small businesses that are facing a head on collision with an iceberg, because according to the Nikkei, over 85% of small businesses – which employ 80% of China’s population – expect to run out of cash within three months, and a third expect the cash to be all gone within a month.
Should this happen, not only will China’s economy collapse, but China’s $40 trillion financial system will disintegrate, as it is suddenly flooded with trillions in bad loans.
Take the case of Danny Lau who last week reopened his aluminum facade panel factory in China’s southern city of Dongguan after an extended Lunar New Year break. To his shock, less than a third of its roughly 200 migrant workers showed up.
“They couldn’t make their way back,” the Hong Kong businessman said. Most of his workers hail from central-western China, including 11 from Hubei Province, the epicenter of the coronavirus outbreak that has killed more than 2,000 people. Many said they had been banned from leaving their villages as authorities race to contain the epidemic.
Lau’s business had already been hurt by the 25% tariff on aluminum products the U.S. imposed in its tit-for-tat trade war with China. Now he worries the production constraints will give American customers another reason to cancel orders and switch to Southeast Asian suppliers. The virus is making a bad situation “worse,” he said.
Lau is not alone: this same double blow is hitting small and midsize enterprises across China, prompting a growing chorus of calls for the government to step in and offer lifelines. The stakes could not be higher: These smaller employers account for 99.8% of registered companies in China and employ 79.4% of workers, according to the latest official statistics. They contribute more than 60% of gross domestic product and, for the government, more than 50% of tax revenue. In short: they are the beating heart of China’s economy.
Companies like Lau’s that have resumed some production are the lucky ones. Many factories and other businesses remain completely stalled due to the virus. Many owners have no other choice but pray that things return to normal before they careen off a financial cliff.
And here is the stark reality of China’s T-minus 3 months countdown: 85% of 1,506 SMEs surveyed in early February said they expect to run out of cash within three months, according to a report by Tsinghua University and Peking University. And forget about profits for the foreseeable future: one-third of the respondents said the outbreak is likely to cut into their full-year revenue by more than 50%, according to the Nikkei.
“Most SMEs in China rely on operating revenue and they have fewer sources for funding” than large companies and state-owned enterprises, said Zhu Wuxiang, a professor at Tsinghua University’s School of Economics and Management and a lead author of the report.
The problem with sequential supply chains is that these also apply to the transfer of liquidity: employers need to pay landlords, workers, suppliers and creditors – regardless of whether they can regain full production capacity anytime soon. Any abrupt and lasting delays will wreak havoc on China’s economic ecosystem.
“The longer the epidemic lasts, the larger the cash gap drain will be,” Zhu said, adding that companies affected by the trade war face a greater danger of bankruptcy because many are already heavily indebted. “Self-rescue will not be enough. The government will need to lend help.”
So where are we nearly two months after the epidemic started? Well, as of last Monday, only about 25% of people had returned to work in China’s tier-one cities, according to an estimate by Japanese brokerage Nomura, based on data from China’s Baidu. By the same time last year, 93% were back on the job.
And making matters worse, as we first noted several weeks ago, local governments around the country face a daunting question of whether to focus on staving off the virus or encourage factory reopenings, as the following tweet perfectly captures.
Banner 1 says: “If you go out messing around now, expect grass on your grave to grow soon.“ Banner 2 says, “Sitting at home eats up all your have, hurry up go out & find a job.” The slogan changes as frequently as they change the criteria for #COVID19 diagnosis. #coronavirus pic.twitter.com/2VnB5jZ0zz — 曾錚 Jennifer Zeng (@jenniferatntd) February 23, 2020
As long as the national logistics network “is still in shambles,” Nomura’s chief China economist, Lu Ting said, there might be little to gain from rushing restarts, whereas “the cost of a rebound in infections might be quite high.” He expects economic activity to pick up again in a couple of months, although the longer Beijing fails to confidently put an end to the pandemic, the longer it will take for activity to return to normal. Meanwhile, the 3-month countdown clock is ticking…
Don’t tell that to Zhou Dewen, the chairman of the Small and Medium Business Development Association in the city of Wenzhou, who knows this and agrees that this crisis is worse than SARS. Far, far worse. In fact, he said, it is “the most severe” of any crisis in the 40 years since China embarked on major economic reforms. He sees not a double but a “triple whammy,” factoring in the economic slowdown the country was experiencing even before the trade conflict and the virus.
Wenzhou, on the coast of Zhejiang Province, was the first city outside Hubei put into full lockdown in an attempt to stop the pathogen. As of last week, Zhou said, only factories that produce medical supplies had been allowed to resume work.
“What entrepreneurs need is confidence,” Zhou said. “But first they need to survive.” He is hoping the government will offer fiscal support and tax breaks to buy more time for small businesses. Some local governments have already responded to such pleas by waiving electric bills and delaying taxes, social security payments and loans. But for some businesses, such relief measures are little consolation.
Worse, last Sunday the communist party’s mouthpiece, the Global Times, suggested that instead of waiting for fiscal bailouts, Beijing will have no choice but to cut spending and unleash austerity, a move that would have catastrophic consequences for China. But even if Beijing does ease fiscally, it is unclear just what it can do short of printing money and handing it out to everyone. “A tax reduction doesn’t help if you don’t even have income,” said Zhu, who must somehow scrape together around 700,000 yuan ($100,000) for rent and the salaries of about 40 employees.
Zhu reckons her company will lose about 3 million yuan in profit over the two months. Besides the postponements, couples that were looking at wedding options before the outbreak have put their planning on hold. There is little room, it seems, to think about love in the time of the coronavirus.
“This is the most difficult time I have ever experienced” after 11 years of running the company, Zhu said. The worst part might be the uncertainty: She has no idea when the authorities might lift the ban or whether she can make it that long. “All of this is unknown to us,” Zhu said.
She is not alone: Wu Hai, owner of Mei KTV, a chain of 100 Karaoke bars across China, took to the nation’s premier outlet of discontent, social media platform WeChat, to voice his despair. KTV’s bars have been closed by the government because of the virus, choking off its cash flow. The special loans from the authorities will be of little help and no bank will provide a loan without enough collateral and cash flow, he said on his official WeChat account earlier this month. On WeChat , Wu gave himself two months before he has to shutter his business.
* * *
It’s not just Japan’s flagship financial publication and owner of the Financial Times, the Nikkei, that is dramatically changing the narrative away from “all shall be well.” In its headline article today, Bloomberg writes that “Millions of Chinese Firms Face Collapse If Banks Don’t Act Fast” and described the plight of Brigita, a director at one of China’s largest car dealers, who is also running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.
“If we can’t pay back the bonds, it will be very, very bad,” said Brigita, whose company has 10,000 employees and sells mid- to high-end car brands such as BMWs. She asked that only her first name be used and that her firm not be identified because she isn’t authorized to speak to the press. With much of China’s economy still idled as authorities try to contain an epidemic that has infected more than 75,000 people, millions of companies across the country are in a race against the clock to stay afloat.
The irony, of course, is that all this is happening even as China has in fact eased dramatically in recent weeks, from cutting rates, to engaging in a barrage of mini stimulus measures, to injecting massive amounts of liquidity, to cutting taxes, to supporting virus-stricken companies…
… to flooding the economy with a record 5 trilion in loans and shadow debt in the last month.
Yet while China’s government has cut interest rates, ordered banks to boost lending and loosened criteria for companies to restart operations, many of the nation’s private businesses say they’ve been unable to access the funding they need to meet upcoming deadlines for debt and salary payments. Without more financial support or a sudden rebound in China’s economy, some may have to shut for good.
“If China fails to contain the virus in the first quarter, I expect a vast number of small businesses would go under,” said Lv Changshun, an analyst at Beijing Zhonghe Yingtai Management Consultant company.
Said otherwise, unless China reboots its economy, it faces an economic shock the likes of which it has never seen before. Yet it can’t reboot the economy unless it truly stops the viral pandemic, something it will never be able to do if it lies to the population that the pandemic is almost over in hopes of forcing people to get back to work. Hence the most diabolic Catch 22 for China’s social and economic system, because whereas until now China could easily lie its way out of any problem, in this case lying will only make the underlying (viral pandemic) problem worse as sick people return to work, only to infect even more co-workers, forcing even more businesses to be quarantined.
Some, like Bloomberg, blame the banks.
As a group, Chinese banks had offered about 254 billion yuan in loans related to the containment effort as of Feb. 9, according to the banking industry association, with foreign lenders such as Citigroup Inc. also lowering rates. To put that into perspective, China’s small businesses typically face interest payments on about 36.9 trillion yuan of loans every quarter. In an emailed response to questions from Bloomberg News, ICBC said it has allocated 5.4 billion yuan ($770 million) to help companies fight the virus. “We approve qualified small businesses’ loan applications as soon as they arrive,” the bank said
Alas, it is not that simple: as we explained two weeks ago in “China’s Banks Face $6 Trillion Coronavirus Cataclysm If Epidemic Is Not Contained Soon“, China’s banks are rapidly retrenching well-aware that they face an explosion in bad debt as the bulk of Chinese companies face collapse. As such, it makes little sense for them to throw good money after bad, and instead most are hunkering down in anticipation of the coming shock.
Indeed, as even Bloomberg concedes, banks are hardly any better off themselves:
Many are under-capitalized and on the ropes after two years of record debt defaults. Rating firm S&P Global has estimated that a prolonged emergency could cause the banking system’s bad loan ratio to more than triple to about 6.3%, amounting to an increase of 5.6 trillion yuan.
The bottom line is that for both companies and their bank lenders (and sources of potential rescue financing), there is one commodity in very short supply: trust. Trust that the counterparty will do the right thing; trust that the government will treat everyone fairly instead of just bailing out a handful of connected politicians. Trust, which in China in general has been lacking for years, as the formerly communist country succumbed to crony hypercapitalism with Chinese characteristics, one in which knowing who to bribe and who to lie to meant the difference between success and failure. Trust was never cultivated. And now that lack of trust is about to cost China dearly.
In any case, the lack of far more funding means that China’s smaller businesses whose revenue have suddenly collapsed, have just weeks if not days of liquidity left. Brigita, whose firm owes money to dozens of banks, said she has so far only reached an agreement with a handful to extend payment deadlines by two months. For now, the company is still paying salaries. But those will stop too.
And that’s when the real crisis begins as hundreds of millions of workers suddenly find themselves unemployed.
For some the crisis has already begun. Wang Qiang, a 23-year-old migrant worker, has been unable to find work in Shenzhen after three weeks of searching. On top of the limited factory job openings, the Nikkei notes that he faces another major obstacle: his identification labels him a native of Hubei.
His home province, where the virus originated, accounts for the vast majority of the 74,000-plus mainland infections and most of the deaths. “The labor dispatch companies told me that the factories don’t want people from Hubei,” he said. The fact that he did not go home for the Lunar New Year holidays seems to make no difference.
Wang spends his nights sleeping on the floor of an uncompleted building. “I’ll wait and see if the situation gets better when companies restart work on Feb. 24.”
In a few short hours Wang will be greatly disappointed. He won’t be the last one, however, and if China’s doesn’t find some miraculous solution to the current coronavirus crisis, in two months China will face a financial, economic and social cataclysm the likes of which it has never seen in its modern history.
Article source: Zerohedge
Top image: Bitcoin.com
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