Thursday, July 21, 2022

Better to know than to not know, I guess

To stop or reverse DNA damage, vitamin E, B9, B12, vitamin D3, and C are all in order. And a few more.  

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2023 the Year from Hell?

 

They just don't understand currency . . . ever.  

Thank you to Martin Armstrong @ Armstrong Economics. 

9:15  “Oh, the dollar is going to crash, and gold is going to go up.”  That does not happen. 

The U.S. is the reserve currency of the world.  We will be the last to fall, not the first.  And what makes things really worse for the world is the dollar going up, not down, because you have all of these emerging markets that issue debt in dollars, so you have Sri Lanka falling, Lebanon falling.  In China, you’ve got all kinds of riots.  Even three years ago, Beijing was warning the provinces and banks, “Do not borrow in dollars.  But they were borrowing in dollars because, oh, geez, it was a cheaper interest rate.  And they had no concept of foreign exchange risk.  I saw that in the 1980s when I got called in to solve such a crisis that was in Australia.  

10:25  You have a low-glow interest rate but now you need twice as many dollars to pay back.  

10:35  That's what happened in Australia.  The bankers were selling Swiss mortgages.  "Oh, you'll save interest."  But then the currency swings and suddenly you owe 20% more.  The same thing happened in Europe when the Swiss franc and the euro peg broke in 2015.  They again had sold all of these Swiss mortgages to save money on interest.  So you've had the same thing.  You've had all of these emerging markets, and people in China doing things in dollars because the interest rate was virtually zero, 0%.  Oh, gee, look at how much we're saving, and now the dollar is going up and you're seeing bank runs and this is what we're talking about here.  Actually, really the first financial crisis I was called into was in 1973.  It was Franklin National Bank that failed, and it failed basically on a 7% move of the Italian lira.  They were funded basically from Italy, and that brought down Franklin National Bank.  Ever since then just about every financial crisis and currency crisis I've been called into.  Oh, get the guy that did that one.  They just don't understand currency . . . ever.  

12:08  In 2008, when Anheuser Busch got bought by InBev, the euro was $1.60 to the U.S. dollar.  Wow, what a deal.  Now, you fast-forward two or three years, or however many years that was, uh, 14 years, now the euro is par with the dollar.  And you're saying that anybody holding dollar debt in Euro is going to get creamed with this exchange rate because now they've got to pay back even more dollars, right?  

12:40  This is one of the major financial problems that's been going on since the 1970s.  They still do not teach foreign exchange risk in universities.  It's mind-boggling.  When I got called in in 1985, when they were forming the G-5, I wrote a letter to Reagan, telling him that he was going to create a crash in 2 years.  "Oh, yeah, you shouldn't go out of committee, . . . "  You just sold a 1/3 of the national debt to Japan and then you stand up and say that you want the dollar down 40%?  Don't you think they're going to sell?  And they just scratch their head and they say, "Well, why?" 

13:35  Gas deal.  Currency moves can be much worse than interest rate moves.  

13:48  Oh, yeah, currencies can move 20% to 30% in one to two years.  The British pound was like $2.40 in 1980, and it went to par at $1.03 in 1985.  

14:12  What about Deutsche bank?  What about Commerce Bank?  What about Credit Swisse's credit default swaps?  What about Germans and the gas that is cut way back and the economy tanking.  What about these banks?  Don't they have to have a good economy to stay afloat?  

14:29  Absolutely. 

14:30  Could we have a crash in Deutsche Bank?  Because it was the most systemically dangerous bank, according to the IMF, and nothing's changed.  Isn't Deutsche Bank the most systemically dangerous bank still in the world?  It could take down at least Europe?

14:50  All of these things are very real crises.  I can tell you that in speaking with the top three banks in New York City, they refuse to accept any European sovereign debt as collateral.  Period.  That is what started the whole RePo Crisis in 2019.  The real story was they were not willing to accept any sort of collateral on Europe from the European banks on an overnight basis.  You had Merkel coming out and saying "Oh, well we're not going to bail out Deutsche Bank," and she had to say because she refused to allow Greek banks to be bailed out.  Now you're on the opposite side of the table.  Why would you deal with Deutsche Bank if she just said "if they went belly up, sorry, we're not bailing them out."  So that's why the Fed had to step and start becoming the market maker in the RePo markets because banks are not willing, in the United States, to accept any European sovereign debt.  Period.  

16:06  Do you think this is what Socrates is picking up in the August-September time frame--that there's going to be a debt crisis?  

16:15  This is, I think, honestly why they're pushing for war.  This is Schwab's idea, and I've been on the opposite side of the table from him.  Even in our Rome conference, March 2019, Nigel Farage came to be our guest speaker, and he said 

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JOHN TRUDELL (1946-2015}: Interesting Distinction Between Religion and Spirituality

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"Klenner stressed that dangerously ill patients should receive large doses of vitamin C when doctors need more time to make a diagnosis."

from Dr. Ken Walker @ Orthomolecular, 

What can history tell doctors about meningitis?  In 1949, Dr. FrederickRobert Klenner was a family doctor in North Carolina when the great poliomyelitis epidemic struck North America.  Klenner had no training in treating polio and no laboratory facilities.  But he was placed in charge of 60 patients suffering from early polio.  At that time, there was no specific treatment to prevent paralysis. 

In 1948, Klenner had previously cured several patients of viral pneumonia using intravenous vitamin C.  So he decided to give his polio patients up to 30,000 milligrams of vitamin C intravenously for 14 days.  None of these patients developed paralysis.  (Ironically, in 1949, I developed polio in my final year at The Harvard Medical School and I did develop paralysis.  But none of my eminent professors were aware of the benefits of massive doses of intravenous vitamin C). 

Dr. Klenner presented his monumental research to the annual meeting of the American Medical Association in Atlantic City, New Jersey on June 10th, 1949.  Klenner should have been awarded the Nobel Prize in Medicine.  But his discovery failed to make headlines around the world and is still collecting dust. 

Spurred on by this scientific finding, Klenner later reported that he had cured meningitis, encephalitis, measles, and other diseases by large doses of IV vitamin C.  Since his death, other researchers have verified his findings. 

Klenner stressed that dangerously ill patients should receive large doses of vitamin C when doctors need more time to make a diagnosis.  And that, unless our white blood cells, needed to fight infection, are saturated with vitamin C they are like soldiers without bullets.  I believe his sage advice could save lives today and might have saved the life of this child. 

 

So why vitamin C?

McDonagh Med explains,

The function of vitamin C is to activate an enzyme in the white blood cell, called myeloperoxidase. The enzyme main function is to produce hydrogen peroxide (which gives rise to the highly energetic and bactericidal and viradical hydroxy free radical), which makes the white cells Super Killers as far as bacteria and viruses are concerned. 

By the way, this high-dose vitamin C protocol not only worked for polio, measles, meningitis, and encephalitis, but it also worked for multiple sclerosis.


Here is a brief history/synopsis of polio.  It's pretty good because it unearths some of the erroneous assumptions that we've made, or that doctors have made, about polio.  
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LA COUNTY PUBLIC HEALTH DIRECTOR, BARBARA FERRER: "We're in a 'high concern' COVID category." So I am NOT going to wear a mask at the All-Star Game @ Dodger Stadium

O, Hypocrisy!  From a ghoul, no less.  

Maybe their hypocrisy is a good sign.  Maybe it's a sign, meaning proof multiplied in the public's eyes, that government has not only lost credibility but that it is also losing authority.  

It means that the government is losing credibility.  Does that mean that they've come to rely mostly on force then?  

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