PREMATURE DEATH COMES TO AMERICA
US DEATH INSURANCE PAYOUTS SURGE
The big news last week was yet another revelation of huge increases in “non pandemic related mortality” by the US life insurance company, Lincoln National. It reported a 163% increase in death benefits paid out under its group life insurance policies in 2021.
“Non pandemic related mortality” means that the disease of Covid 19 was not the direct cause.
The company paid out $ 1.4 Billion in death benefit payments in 2021, compared to just $ 548 Million in 2020. And in the previous year of 2019, they paid out $ 500 Million.
This huge increase can only mean that unexpected death is becoming commonplace for young Americans over the last 12 months. There is now a term for this phenomenon — SADS — Sudden Adult Death Syndrome. The question to ask here is — what is the cause?
Here are the actual numbers for Group Death Benefits taken from Lincoln National’s annual statements for the three years:
Lincoln National is the 5th largest life insurance company in the US. Group life insurance policies generally cover working-age adults aged 18-64 whose employer includes life insurance as an employee benefit. The statistics in the annual statements do not show actual numbers of deaths, just the dollar amounts paid. However, this degree of increase must presumably indicate a large increase in deaths.
The statements also showed a large increase in ordinary death benefits over the last 3 years — those not paid out under group policies, but under individual life insurance policies.
In 2019, that number was $3.7 billion. In 2020, the year of the Covid-19 pandemic, it went up to $4 billion, but in 2021, the year in which the Covid genetic therapy, leaky vaccines were introduced, it went up to $5.3 billion. That is 43 % higher than the 2019 figure — another staggering figure.
The sobering part of this is the fact these payouts only represent death. They do not reveal the disease and disability behind the increased deaths.
It looks like many, many young, working age Americans are increasingly suffering poor health. And that health deterioration seems to coincide with the arrival of the new mRNA genetic therapy, leaky vaccines.
PREMATURE DEATH COMES TO AUSTRALIA
The Australian Bureau of Statistics (ABS) has recently released its figures for Deaths From All Causes. They make interesting reading.
There was a surge of death over and above the expected average in January this year of 20.5%. In February, a similar surge of death occurred which was 17.1% above the expected average.
By end of March, there were 44,331 deaths registered which is 17.5 % more than the historical average.
The most important thing to note about these surges in death numbers is the fact that they occurred during the Summer months. That is extremely suspicious. Usually, death surges occur in Winter and are caused by the usual winter suspects of respiratory viruses and bacterial pneumonia. But Australia’s death pattern this year is starkly different to previous years and to normal epidemiological observations. This strongly suggests another cause.
Australia has been subjected to a reign of terror from its various Federal and State governments over the last 2 years in response to the Covid phenomenon. New genetic therapy Covid leaky vaccines were foisted onto an unsuspecting public as “safe and effective”. That description must now be suspected of being false. The only way to accurately determine death causation is by autopsy. Australia needs a major autopsy study as soon as possible to determine the cause of the excess deaths seen so far in 2022.
More statistical releases from the ABS reveal —
COVID-19 was the 38th leading cause of death (898 deaths).
In 2020 there was a decrease in mortality in Australia.
The five leading causes decreased, with a significant reduction in respiratory diseases.
Rates from suicide, drug overdoses and car crashes decreased.
Alcohol-induced death rates increased by 8.3%.
Total deaths registered in 2020 were 161,300 a decrease from 2019.
The Years of Potential Lives Lost analysis by the ABS is worthy of close inspection —
Suicide was by far the major cause of potential life lost with the median age being just 43.5 years. Ischemic Heart Disease was next with the median age being 84.1 years with various Cancers being the third most common cause.
Covid 19 is not even mentioned as it mainly caused deaths in elderly people, close to or above their average life expectancy. The median age of death from Covid was 86 years.
Australia descended into tyranny and panic for two years over a virus that was NOT deadly to the vast majority of its population. And that fact was well known by March 2020 from the overall 0.35 % death rate observed in the Diamond Princess Cruise ship.
FRENCH POLITICS IN TURMOIL
In France, Marine Le Pen’s National Rally Party has won 89 seats in the National Assembly. Previously, they held just 8 seats. This is a huge victory for the far right party and it means that President Emmanuel Macron cannot control the parliament.
There are 577 seats available. The Left party, Nupes Coalition won 131 seats. Macron’s alliance Together! won 245 seats. That is 44 seats below a majority as 289 seats are required to control the house.
Thus, Macron’s power is hugely diminished and it is hard to see the future for the nation. Political instability will continue.
SRI LANKA ECONOMY HAS COLLAPSED
According to the Prime Minister, the economy of Sri Lanka has collapsed with shortages of food, fuel, electricity and oil. The island nation’s tourist industry suffered enormously from the impact of Covid. Foreign tourists stopped coming and their foreign currency was no longer available to support Sri Lanka’s economy. Without foreign currency, Sri Lanka’s debt cannot be serviced and imports cannot be paid for.
From January 19th, the stock market CSE index has dropped by 50 %. It is now back to where it was in late 2014 and it will probably fall even further from here.
22 Million people are in deep trouble. They cannot grow enough food and medicines are in short supply. Starvation looks inevitable and disease will follow unless foreign aid agencies come to their rescue.
The natural partners for Sri Lanka are India, China and Russia. The US and Europe will also be expected to assist.
NON DEMOCRACY IN UKRAINE
The war in Ukraine is often referred to as a war in “defense of democracy”. That description was badly damaged by President Zelensky last week. He banned the major opposition political party and confiscated its assets.
RUSSIA PAYS DEBTS WITH RUBLES
It was reported last week that Russia made Coupon payments owing on two Bond issuances with Rubles. Notably, these were Dollar Denominated EuroBonds with maturity dates in 2027 and 2047. Investors have to open a ruble account to receive the funds.
This is a major development in the evolution of what can only be described as the EuroRuble (Rubles outside Russia). RT reported — “Moscow will now consider its obligations completed “if they are fulfilled in rubles in an amount equivalent to the value of obligations in foreign currency” at the exchange rate on the day the funds are transferred to the central depository (NSD), through which they will be paid to creditors.”
RT also reported that the BRICS nations were developing a new global reserve currency from a basket of five currencies. The currencies are from the BRICS nations — Brazil, Russia, India, China and South Africa.
In economics, things work until they don’t. Until next week, make your own conclusions, do your own research. BOOM does not offer investment advice.
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HOW MOST MONEY IS CREATED
BANKS CREATE FRESH NEW MONEY OUT OF THIN AIR
(but they always need a Borrower to do so)
THERE IS NO SUCH THING AS A DEPOSIT
BANKS PURCHASE SECURITIES, THEY DON’T MAKE LOANS
BANKS DON’T TAKE DEPOSITS, THEY BORROW YOUR MONEY
Watch this short 15 minutes video and learn as Professor Richard Werner brilliantly explains how the banking system and financial sector really work.
How is Most New Money Created ?
LOANS CREATE DEPOSITS — that is how almost all new money is created in the economy (by commercial banks making loans).
From the Bank of England Quarterly Bulletin Q1 2014 —
“Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.““Most money in the modern economy is in the form of bank deposits, which are created by commercial banks themselves”.
Paper: Money in the Modern Economy — CLICK HERE
Most economists are unaware of this and even ignore the banking & finance sectors in their econometric models.
On 25th April 2017, the central bank of Germany, the Bundesbank, released a statement on this matter —
“In terms of volume, the majority of the money supply is made up of book money, which is created through transactions between banks and domestic customers. Sight deposits are an example of book money: sight deposits are created when a bank settles transactions with a customer, ie it grants a credit, say, or purchases an asset and credits the corresponding amount to the customer’s bank account in return. This means that banks can create book money just by making an accounting entry: according to the Bundesbank’s economists, “this refutes a popular misconception that banks act simply as intermediaries at the time of lending – i.e. that banks can only grant credit using funds placed with them previously as deposits by other customers”. By the same token, excess central bank reserves are not a necessary precondition for a bank to grant credit (and thus create money).”
The Reserve Bank of Australia (Australia’s central bank) has also contributed to the issue in a speech by Christopher Kent, the Assistant Governor on September 19th 2018.“…… the vast bulk of broad money consists of bank deposits”“Money can be created …….. when financial intermediaries make loans““In the first instance, the process of money creation requires a willing borrower.”“It’s also worth emphasizing that the process of money creation is not the result of the actions of any single bank – rather, the banking system as a whole acts to create money.”
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