12 Million Adverse Events to Vaccines Possible in UK, Europe and the US — Total Adverse Events Globally May Be 20 Million — Over 12,000 Deaths Reported Soon After Vaccinations — Fund Manager Jumps — Have We Run Out of Buyers? — India Fear Campaign


Peter Underwood – ‘Austrian Peter’ — UK Correspondent for The Burning Platform —

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BOOM’s Ethics: Calmness — Knowledge — Compassion — Respect — Commitment

This Week’s Editorial



Many people cannot have Covid Vaccines due to serious health problems. Others feel constrained due to religious or conscientious reasons. Many healthy people don’t want to be vaccinated with an experimental genetic therapy which is not guaranteed to prevent infection and which cannot be guaranteed to prevent further transmission of the disease. Many don’t wish to be part of a large clinical trial (which is what the Covid vaccination programs undoubtedly are) for a therapy that has so far only been granted Emergency Approval by the Regulatory Authorities.

Half the population is female. Pregnant women are advised by the product manufacturers to not have the vaccine. Many young women are also understandably concerned about their future fertility or may be pregnant without knowing.

Young people below the age of 60 years are understandably reluctant to proceed because they are not at any significant risk of death even if they become infected.

Death numbers reported soon after receiving the vaccines are rising. Deaths reported in Europe after taking the vaccine have reached a total of 8,430 to April 24th. Deaths in the UK after the vaccines have reached 1,047 to April 21st. Deaths in the US have reached 3,410.

Thus, 12,887 deaths have occurred and been reported as such soon after vaccination in those three regions. Only 12,887 autopsies can determine the actual causes of those deaths. To date, very few have been conducted. Total Global death numbers would presumably be far greater, perhaps 20,000?.

Now, let’s look at Total Adverse Events Reports following vaccination (which include those death numbers).

(VAERS is the Vaccine Adverse Event Reporting System in the US by the Centers for Disease Control and Prevention – the CDC– the WONDER Online Database)

Total Adverse Events reported in the US now number 118,800
Total Adverse Events Reported in the UK now number 725,079
Total Adverse Events Reported in Europe now number 354,177

Total Adverse Events Reported in those three regions = 1,198,056

It is clear that the UK reported numbers of adverse events is far greater proportional to population than those reported in the US and in Europe.  If we assume that the UK numbers are, in fact, more accurate as a representation of reported events on a population basis and then extrapolate from those UK rates, then we can guess at the total numbers that may be mis-reported in the US and in Europe.

UK Population is 68 Million. Thus the Adverse Events per Million population there is 10,662.

BOOM advises readers to sit down now to avoid shock.

Such extrapolations reveal a (theoretically possible) Total Adverse Events number to date of almost 8 Million in Europe (where the population is estimated at 741 million) and 3.5 Million in the United States (population 332 million).

This generates a theoretically possible total of over 12 MILLION adverse events in the UK, Europe and the US combined to date. And this is after only 4 – 5 months of so-called “vaccination rollouts”.

The Total Adverse Events worldwide may be greater than 20 MILLION already using the same theoretical methodology. Total Deaths worldwide may be of the order 20,000 already (or more).

It is estimated that 90% of adverse events are not officially reported. Thus, those numbers may be TEN times higher in reality. The theoretical number of 200 million possible adverse events including deaths is staggering in such a short time frame.

Data Reference UKhttps://healthimpactnews.com/2021/1047-dead-725079-reported-injuries-following-covid19-experimental-vaccines-reported-in-the-u-k/

Data Reference EU:https://healthimpactnews.com/2021/8430-dead-354177-injuries-european-database-of-adverse-drug-reactions-for-covid-19-vaccines/

Data Reference UShttps://wonder.cdc.gov/


Approval for these pharmaceutical products by the US FDA is for emergency use only. The clinical trials conducted in late 2020 were conducted over just a few months. Thus, they arguably have the status of an experimental vaccine with long term side effect rates unknown.

The Nuremberg Code requires an individual’s informed consent before receiving experimental medical interventions. And that principle is in the 1964 Helsinki Declaration, which has been codified at Federal and State level in the USA. Australia has also ratified this declaration as have many other nations.

The Declaration of Helsinki is an international document that influences how research is conducted in all countries. The Declaration of Helsinki was born from the history of abuses of human research subjects. Informed consent is one of the hallmarks of ethical research and ensures that individuals can make decisions that are in their best interests. Are people being adequately informed?


Governments are now seeking to bring forward a system of so-called “Vaccine Passports”, restricting travel and events to Clinical Trial Participants only who have not been sufficiently informed of the potential dangers.

This is a form of madness from our political class not unlike the madness revealed in Nuremberg after World War Two. The charge of Crimes Against Humanity cannot be far away.

Ethical Principles for Medical Research — Journal American Medical Association — JAMA Network  https://sites.jamanetwork.com/research-ethics/index.html

The Nuremberg Code:  https://en.wikipedia.org/wiki/Nuremberg_Code


Last week, a New York fund manager sadly jumped from a skyscraper to his death. Charles de Vaulx, a renowned value investor and co-founder of International Value Advisors had struggled for years to find value in stocks listed on New York’s stock exchanges. The apparent suicide occurred just days after he finished winding down his investment firm. At its peak, the firm had managed $ 20 Billion for its clients.

There is a grim history of such deaths in financial sector employees. Famously, in 1929, during the Black Thursday and Black Monday stock market crashes, there were stories of stock brokers and heavily indebted investors plunging to their deaths. Many similar events occurred in London and New York in 2008 and 2009 during the Global Financial Crisis when many banks failed.

Will history repeat? Is this the beginning of a trend? If so, it can certainly be labeled a Down Trend.


Many stock markets worldwide seem to have stalled. They are no longer advancing but neither are they falling. Is this evidence that the buyers have disappeared? Clearly the sellers have not yet become dominant but technical weaknesses are appearing in many of the stock indices.

The ETF for the Russell 2000 index (IWM) in New York has traded sideways since early February. Investors in the top 2000 companies are not interested. They are ignoring the so-called “Raging Bull” market  that is supposed to be happening in stocks. And the NASDAQ stock index is now at 14,000  — exactly where it was in early February. Three months with no price rises does not sound like a raging Bull market to BOOM. 

Slowly but surely, the narrative that “the Covid vaccines will save us” is starting to fail. More and more peope are refusing to have the vaccines. Side effects and death numbers soon after vaccination are growing. Lockdowns have been proved useless. Masks are clearly not supported by scientific studies. And virus “variants” caused by persistent mutations are arising all over the planet.

The Federal Reserve Chairman, Jay Powell said last week that the asset markets looked “frothy”. That was, at last, a signal that the central banks are becoming concerned about excess asset valuations.

Dallas Federal Reserve Bank President Robert Kaplan said on Friday “we are now at a point where I’m observing excesses and imbalances in financial markets”. He indicated that it may be time for a reduction in central bank support for the economy. He apparently pointed to “historically” elevated stock prices, tight credit spreads, and surging house prices.

On Friday, the recent US Dollar Index decline that began in early April seemed to abruptly stop as it rose sharply during the days trading. That may be just a short term knee jerk reaction of course. But if stock markets weaken, we can expect a surging US Dollar as a safe haven trade.

On Friday, the US Treasury sold $40 Billion in 4-week bills at a price of 100% representing an interest rate of 0.00%. That is not a negative number. But it does not inspire confidence.


The latest FEAR campaign in the mainstream media is concentrated on India. But they avoid any perspective in their stories. The facts reveal that perhaps 200,000 people in total have died there with a positive test result for Covid. However, 10 MILLION people die in India every year from other causes. So Covid deaths are just 2 % of total deaths.

And in a population of 1,400 Million people, the Covid deaths represent just 0.014 % of that number.  But the mainstream media appears convinced that millions are dying in the streets only from Covid. The panic and FEAR campaign is well organized across every media outlet in the Western world. It is clearly designed to induce readers and viewers to seek out a Covid vaccine while in a state of fear and panic. WHY do the mainstream media not act responsibly? Who is controlling them? BOOM justs asks the questions. The answers are not so easy to find.

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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EMAIL: gerry {at} boomfinanceandeconomics.com




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”.

Youtube Video —  https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction



Paper:  Money in the Modern Economy  PDF —  CLICK HERE

Quarterly Bulletins Index


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).”

Reference: https://www.bundesbank.de/Redaktion/EN/Topics/2017/2017_04_25_how_money_is_created.html

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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MOLS Denmark

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