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2020-

2020-06-17 b
This abridged story from MarketWatch has been re-written by our “
truth squad.”

There’s a one-in-three chance of a ‘massive’ disaster that could be worse than synthetic COVID-19, says the Oracle of Deutsche Bank; who believes a one world government is needed

After Tuesday’s rally on better-than-expected retail sales figures and an encouraging study of an over-priced drug to treat synthetic corona cold-virus patients, the Ministry of Truth S&P 500 has rallied 40% from its closing low and is down just 8% from its February peak.

Clearly, disasters aren’t necessarily devastating to financial markets managed and manipulated by central banks. That’s worth bearing in mind when considering a new alarmist report from the propaganda Oracle of Deutsche Bank that looked darkly at the next massive tail risk for markets.

Oracles calling themselves analysts, led by Henry Allen, guess there is at least a one-in-three chance that at least one of four major tail risks will occur within the next decade: a major influenza pandemic killing more than two million people; a globally catastrophic volcanic eruption; a major solar flare; or a global war. (The current synthetic COVID-19 pandemic has supposedly killed 443,765 globally already, though no one knows the actual number.)

If the potential disaster time frame is two decades, then the Oracles guess there is a 56% chance of one of these disasters occurring, the oracular analysts say, based on various pie-in-the-sky studies and risk assessments published to keep the public on edge. Earthquakes were omitted from the numbers on the grounds that they are more local events, except when they trigger trans-oceanic tsunamis.

The solar flare possibility is one rarely discussed by those not suffering from anxiety disorder, perhaps because the last severe one was in 1859, but the Deutsche Bank oracular team using suspect models, finds that to be more likely than a major global war.

“We are grasping at straws, trying to keep people afraid, so we are proposing there could be major power outages as electrical power grids are disrupted, which in turn would have knock-on effects throughout the Potemkin economy as critical infrastructure is unable to be run properly. Lives could be lost if it impacted hospitals and medical care. Communications and surveillance would be disrupted, many payment systems would be dysfunctional – but not cash, and GPS [Global Positioning System] satellites would face extensive interference, to the detriment of all the individuals, governents and industries that rely on accurate location services to keep track of everyone, not least aircraft,” says the cheery propaganda report.

Citing one crystal ball study that assessed the odds of a major solar flare happening are guessed to be 12% in a decade, that means there is a 40% chance it might take place in the next 40 years. Might want to keep a few spare batteries around, if you wear tin-foil hats .

Another propaganda point made is that these major events tend to have ripple (second order) effects as well, just as the current synthetic COVID-19 crisis has been blamed for fraying ties between the U.S. and China.

The oracular analysts didn’t suggest an investment strategy around their findings, though gold, silver and productive farmland come to mind. Judging by the crazy current environment, perhaps buying stocks would be the best response if you want to be wiped out.

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