ER Doctor - "We're Being Deceived and Manipulated"

 From Rense.com

3-12-21

Mark Trozzi MD There is only one courageous, honest doctor in Ontario, who takes the Hippocratic Oath seriously. "B oth in my  regular ER and my "COVID-19 designated" ER, there were almost no patients, and almost no work. I had multiple long ER shifts without a single patient."  " I have never seen a patient sick with COVID-19." "My research into the PCR test has convinced me personally that it is misleading, manipulatable, and being used to drain endless taxpayer's money and future debt, to dramatically enrich the very criminals running this scandal." My Personal Testimony  My name is Mark Trozzi.  I am a medical doctor; I graduated in 1990 from The University of Western Ontario.  I have been practicing Emergency Medicine for the past twenty-five years; and I have been on call in multiple emergency units since the onset of the so-called "pandemic", including one ER designated specifically for COVID-19.  I am an Advanced Trauma Life Support Professor with the College of Surgeons of America, and I hold teaching positions at Sunnybrook Health Sciences in the Advanced Life Support Department, as well as with both Queen's University and The University of Ottawa. What follows is my  observations and opinions; I am bound by my personal and religious convictions to speak openly and honestly.  I do not have authority to tell you "the truth", but I will share my honest experiences, perceptions, and digests of hundreds of hours of research on the subject of covid-19. At the onset of this "pandemic", I was cautious and hence meticulous with N95 mask use, hand washing, social isolation and distancing etc. I studied coronavirus science and was deeply involved in many emergency department drills to modify our practice in profound ways to deal with the "killer virus" we were advertised. However, various things soon made me consider that we were being deceived and manipulated.  Here are a few: The "first wave" of the "pandemic"  was absolutely the quietest time in my career. I have worked very hard and been very busy over the past twenty-five years in ER.  However, both in my regular ER and my "COVID-19 designated" ER, there were almost no patients, and almost no work. I had multiple long ER shifts without a single patient .  Meanwhile, when I would go to the local grocery store, the propagandized public, God bless them, would usher me to the front of the antisocial distance line, thanking me for everything I was going through as a front-line emergency doctor.  They believed that the ER's and hospitals were full of patients dying from CoVID, and that I must be exhausted and at risk of dying myself from exposure. I began contacting doctors and friends all over Canada and the US, and found the same pattern: empty hospitals, and propaganda saying that they were full of patients dying of covid. Early in my studies, I investigated zinc and hydroxychloroquine, which based on sound physiology, may genuinely help those rare persons who get very sick with this cold virus.  I was surprised that this treatment was simply brushed aside and dismissed by most of the medical community. Researching the World Health Organization, of the UN, I learned that the Chinese dictatorship (PRC) had propped up a ******* communist "Dr" Tedros, as the head of the WHO; and I learned how the PRC had been involved in: the virus release; the cover-up for weeks; the disappearing and suppression of honest Chinese doctors and scientist; the spreading of the virus to the world (sparing Beijing where the PRC elite live);  and dramatic abuse of the Chinese people in their well-timed lockdown, which was filmed and transmitted to the world to create the panic that herded all of us into surrendering our economies and civil rights. I learned how Canada's chief public health officer, Dr Tam, is on the oversight committee of the WHO with Dr Tedros, essentially making her a ******-agent; and I listened to her often-******* dissertations to Canadians regarding covid-19. At every level, hospital administration has had no apparent choice, other than to submit to the endless top-down roll out from governments, of questionable new rules, protocols, and procedures . My honest conversations with coworkers about my research and observations, became a problem. Caught in this quandary, an important administrator who I greatly respect, told me that "my thoughts made others uncomfortable, and made it difficult to keep everyone motivated and compliant" with all the new protocols and restrictions.  Sympathetic to the sad situation, I maintained my clinical position by promising to "bite my tongue any time I thought I was going to speak about COVID-19" in the hospital. This was ultimately ethically impossible for me, and I have recently removed myself from the ER to avoid conflict. I have never seen a patient sick with COVID-19. I have seen some positive PCR tests in asymptomatic people, and watched people be imprisoned in their own homes and isolated from family and friends.  My research into the PCR test has convinced me personally that it is misleading, able to be manipulated, and being used to drain endless taxpayer's money and future debt, to dramatically enrich the very criminals running this scandal.  My province alone has performed ~50,000 PCR tests daily.  Meanwhile our federal government is bringing in hundreds of thousands of doses of potentially dangerous experimental injections of modified viral genetic material, calling them "vaccines", and having the military manage them. Is this reasonable for a predominantly mild and non-fatal viral illness. I have watched the suppression of doctors and scientists who performed serum antibody studies, whose findings showed that the virus was much more widespread, yet generally nonfatal, and asymptomatic or very mild in most cases; and that in many regions we had likely already achieved natural herd immunity by summer 2020. Look at this study  performed in Wuhan itself, which shows that the virus was done there by June 1, 2020 just two months after their brief lockdowns ended, and no one was spreading it, not even the very few people with a positive PCR "test" (and they were not sick):  I noticed that after China's theatric lockdown, they quickly went back to business as usual, while all our economies were frozen; they gained tremendous control over the world's marketplace. It seems a great, though evil strategy! POLITICAL MANIPULATION OF HEALTH CARE WORKERS I perceive that many things we learned in medical school about infectious disease, have been brushed aside and replaced by constantly expanding lists of often ******* mandates by public health officials. Doctors, nurses, and teachers are especially important to the success of this COVID-19 deception, as we are leaders in society and people trust our advice.  So, it is no surprise that I have found free speech and thought have been very suppressed in our ranks. Rather than endure the punishments of dissenting, we can choose to experience the short-sighted perks like extremely quiet days in the ER, replacing our traditional hands-on work with Zoom sessions from home; and accessing a variety of new COVID-19 ******* codes.  At one point, an option existed to make more money than I normally make working in a busy  ER, to just stay home and be available in case the covid swabbing nurse needed to video conference with me. There are many positive and negative motivators being used to manipulate Canadian doctors, nurses and teachers, to inadvertently participate in this grand covid deception; but  this is destroying our society. To use a Titanic metaphor: "even the luxury suites on the Titanic end up at the bottom of the ocean when she sinks". Also, much of what is being done, including the experimental viral genetic injections, seem to violate the Nuremberg code regarding medical experimentation with full informed consent by the participants. Doctor's and nurses face tough decisions. My career as an emergency physician always provided me an opportunity to practice my religious and ethical beliefs of honesty and kindness, while making a good living. Now maintaining the career I love,  would require participating in the deception, violating my oath and spiritual beliefs, and in my opinion committing crimes against humanity as defined by  the Nuremberg Code. I empathize with all my fellow doctors and nurses. We are all victims of the covid abuse. I researched and perceived how  corrupt oligarchs seem to have planned this crime against humanity. This planning included Event 201 which was a simulation of a corona pandemic conducted by the Bill & Melinda Gates Foundation, the World Economic Forum and Johns Hopkins University in October 2019; and the Rockefeller Foundation's 2010 Viral outbreak simulation planning called "Operation Lockstep".  Both these projects described how a viral outbreak would be used to bring in an authoritarian system with the loss of our human rights and freedoms. I also observed how their cohorts in big tech like Google, Facebook, Twitter and YouTube worked to censor and deceive us all; it's genuine propaganda. FACE MASKS AND VACCINATIONS The forced wearing of masks by most of the world's population is not unanimously supported by real science. These masks cause significant harm to our psychological, social, dermatological, dental and otolaryngotical health. Though I generally have great health, the masks have given me rashes and nasal symptoms whenever I have had to wear them for prolonged periods, which resolve whenever I  do not wear them for a few days. What I find most disturbing is the elimination of facial expressions, and hence normal visual social interaction. The history of past attempts at vaccines for coronaviruses, revealed some very dangerous side effects in animal models, and the efforts were abandoned.  Why would we take a dangerous vaccine for a generally mild illness, to which we develop herd immunity anyways?  The current roll-out of fast tracked expensive experimental "vaccines" is burying the taxpayers in endless debt to the rich and powerful villains of this story. Yet, we the people who have been imprisoned and abused in this scandal, are being manipulated into taking  new strange injections, in hopes that we might regain some of our freedom.  Additionally the so called "vaccines" are not vaccines (unless we change the definition of vaccines). Rather they are injections of Corona virus genes. See the section  This Is Not A Vaccine Experimental mRNA Gene Therapy Covid-19 - Dr. TrozziVaccine. n. A preparation of a weakened or killed pathogen, such as a bacterium or virus, or of a portion of the... Recently, I have made some tough personal decisions; surrendering income and personal security, to choose an ethical and honest path forward, that may help contribute to an outcome that is true and just; and to the return of our free society and civil liberties.  I believe that we are almost all victims in this, regardless of where we are on the path for the recovery of truth. ---------- Thanks to DL! I asked Mark about the financial cost of exposing the covid hoax: "Regarding the financial costs of my current actions to counter this criminal covid enterprise, I have suspended all clinical work, and forfeited all hospital privileges, to hopefully protect my license while I do this, so that's about $200,000 a year that I am no longer making as of January. However, to compensate for this, I have sold my home, and we have downsized to a small shared space. The costs of the technology, website, and resources is only a few thousand dollars. I am living off some small savings and hoping to continue to support my family, including a son in university.  It is indeed a tenuous situation;  but the need to do this is absolute.  I am very grateful for your help." https://drtrozzi.com/donate/ First Comment from Gabriel- I've been a fly on the wall of the doctor's office for 25 years.   Working as a telephonic language medical interpreter.  Everyday, after working, I am disgusted. The medical industry is the most evil of all.  It's a meat grinder.  It's all about drugs and mutilation.  It's just a vassal of the powers that be, used to slowly torture and kill people.  You know those cabalists, they love sacrifice.   So avoid the doctor like the plague.  This is what they do:  perfectly healthy people go for a stupid check up; The good doc tells them:  "this is what we saw in your blood and urine tests: your sugar is a little high, to prevent diabetes I will prescribe you Metformin, take one every day.   Also I noticed your cholesterol is a little high, to prevent heart problems I will prescribe you Simvastatin, take one every day.  Your blood pressure was a little high as well, I will prescribe you Lyssinopril to keep it under control, take one everyday"  This kind of scenario goes on all the time. Most of the time the fools believe everything the doctor says and follow their directions.  So these perfectly healthy people now are destroying themselves with these extremely toxic drugs, taking them, potentially, for life.  So avoid the doctor like the plague.  Emergency medical services are wonderful and very necessary, the rest of allopathic medicine is, with few exceptions, a genocidal enterprise.  Also there are good docs out there, but few and far between.  For the most part they have no personality, they are very robotic; totally brainwashed and indoctrinated by medical school.

CDC Update: 1,524 DEAD 31,079 Injured Following Experimental COVID MRNA ‘Vaccines’

 From Humansarefree

The CDC added more data today into the Vaccine Adverse Event Reporting System (VAERS), a U.S. Government funded database that tracks injuries and deaths caused by vaccines.

The data goes through March 5, 2021, with 31,079 recorded adverse events, including 1,524 deaths following injections of the experimental COVID mRNA shots by Pfizer and Moderna.

Besides the recorded 1,524 deaths, there were 5,806 visits to Emergency Room doctors, 630 permanent disabilities, and 3,477 hospitalizations.

The CDC also updated their Selected Adverse Events Reported after COVID-19 Vaccination page on March 9th this past week, and according to this report, VAERS has received 1,637 reports of death following COVID “vaccinations” – more than 100 deaths than are in the VAERS data dump released today.

The CDC continues to state that not one of these recorded deaths following experimental COVID injections are related to the shots.

“A review of available clinical information including death certificates, autopsy, and medical records revealed no evidence that vaccination contributed to patient deaths.” (Source)

AstraZeneca COVID Vaccine Inoculations Halted In Many Countries Due To Fatal Blood Clots

As we reported yesterday, many countries in Europe (and now also Thailand) have halted the vaccinating of people with the AstraZeneca experimental vaccine after reports of fatal blood clots following the injections.

And while the AstraZeneca COVID shots are not yet authorized for emergency use in the U.S., some have commented that the side effects for the mRNA “vaccines” currently issued EUAs in the U.S. for Pfizer and Moderna have just as many, if not more, adverse side effects, questioning whether any of these new experimental and non-FDA-approved COVID vaccines should be continued.

So we searched today’s CDC data on adverse reactions to the two COVID “vaccines” being used in the U.S. for “pulmonary embolism,” which is an “acute lung disease caused by a dislodged blood clot,” and the reason why the AstraZeneca COVID shot is now being halted in about a dozen countries worldwide after two fatalities and others injured.

The CDC is reporting 120 cases of pulmonary embolisms, including 12 DEATHS following injections of the two experimental COVID mRNA injections currently in the U.S.

Seven of the deaths followed the Moderna mRNA COVID shot, while five deaths followed the Pfizer mRNA COVID shot.

This number is obviously far greater than the two deaths reported so far from pulmonary embolism following the AstraZeneca COVID shots being distributed around the world right now.

Must-read: Up To 10 European Nations Reportedly Halt AstraZeneca Jabs On Reports Of ‘Serious’ Blood Clots

Can We Trust The CDC That NONE Of These 1,637 Recorded Deaths Are Caused By The Experimental COVID MRNA Shots?

The CDC has been caught many times since COVID-19 started elevating that death counts attributed to COVID by declaring that ALL deaths where there was a positive PCR test for COVID were assumed to be caused by COVID, even if the patient had pre-existing conditions, and even in some cases where the patient died due to an accident, such as a traffic accident.

Now it appears that they are doing the exact opposite, particularly with those over the age of 65 where the vast majority of recorded deaths have occurred following the experimental COVID injections, stating that pre-existing conditions are what caused the patient to die, and that in ZERO cases was the experimental COVID “vaccine” responsible.

However, there is probably a good reason why a majority of healthcare workers who work with seniors are refusing the experimental COVID shots, since they have a front row seat to see exactly how these patients react in the days and weeks following COVID injections.

One CNA (Certified Nursing Assistant) has gone public with what he has seen with the residents he has worked with, and the video of his testimony has now been viewed over 280,000 times on our Rumble Channel, and over 88,000 times on our Bitchute Channel.

One viewer offered their own observations with their mother after she received a COVID injection in the comment section on the Rumble video:

My 90 year old mother HAD beginning stages of dementia. Nothing terribly serious. She forgot things a lot, and would often tell you the same things over again whenever you talked to her.

But her mind was still pretty good for being 90. She liked to do Sudoku puzzles and Jumbles.

She had eye issues that she was dealing with for about a year. She had gotten periodic shots in her eyes this past year to help her with her eye issues. She could still see things, but maybe not as clearly as she should.

But…then she took the vaccine, when she had told me previously that she no intention of taking the vaccine. She would further state that she had never even taken a flu vaccine.

Less than 1 month later, her health has spiraled downward since then. Now her speech is slurred (as if she had a stroke–but she has not); her vision has gone down so much this past month, such that all she sees is colors and shapes; and her dementia has spiraled to the point that she thinks it’s 1935 or 1945.

She recently fell in her home and knocked over the TV and either broke or bruised her ribs–I assume because she couldn’t see, though she may be having balance issues now, as well.

Doctors are preparing to send her to a rehab facility for 3-4 weeks.

I doubt I’ll ever see her alive again–especially if she gets the second shot.

I don’t expect to be allowed to visit her in a facility in KY, which is backwards when it comes to dealing with COVID restrictions and lockdowns.

So, when I see a reasonably healthy 90 year old exhibit stroke signs (without having had a stroke), almost totally lose their vision, and begin exhibiting signs of advanced dementia all within a month period after having taken the experimental mRNA COVID Vaccine, I don’t think I can blame this all on a brown recluse spider bite or vitamin deficiency.

I only hope that this post will give you pause if you or someone elderly you know is preparing for this shot.

My one question is if you are not elderly, and are in somewhat good health and you don’t feel that you are in any danger from taking this shot, is it possible that side effects will just show up at a later time with you, perhaps when you are already sick and your health is compromised.

I mean, it’s not like my Mom had immediate side effects. Stories I have read indicate that it has often taken 3-4 weeks.

Again, no way will I ever take this shot. But I sincerely wish those getting the shot the best of luck!

This kind of information is being censored by the corporate media and Big Tech, and now they have begun to call those of us who publish this kind of information “domestic terrorists” for even daring to say or publish anything negative about these experimental COVID shots.

Please make an effort to share your own experiences with these experimental shots. The lives of many people are now at stake, and truthful information is empowering.

Source: HealthImpactNews.com / Reference: MedAlerts.org; MedAlerts.org

Fentanyl Flowing Into United States At Record Volume

 Authored by Charlotte Cuthbertson via The Epoch Times,

The amount of fentanyl seized while coming through the southern border during the first 5 months of fiscal year 2021 is already higher than all of fiscal year 2020, according to the latest statistics from Customs and Border Protection (CBP).

CBP has seized more than 5,000 pounds of fentanyl since Oct. 1, 2020, said acting CBP Commissioner Troy Miller during a March 10 media call.

“We are seeing a dramatic increase in fentanyl seizures this fiscal year, more than 360 percent higher than this time last year,” Miller said.

“Nationwide drug seizures increased 50 percent in February from January. Cocaine interceptions increased 13 percent, seizures of methamphetamine increased 40 percent, seizures of heroin went up 48 percent.”

Fentanyl is the synthetic opioid attributed to the escalating overdose death rate in the United States. It is most often manufactured in Mexico using chemicals supplied by China. It’s mixed with other narcotics to increase potency as well as pressed into counterfeit pain pills commonly known as “Mexican oxys.”

“The cartels are dominating the distribution of this poison and it’s really, really alarming,” Derek Maltz, former head of the DEA’s special operations division, told The Epoch Times.

“I do anticipate the crisis continuing on this escalating path. And to be honest with you, it’s really sad, because I’ve been communicating with a lot of parents who have lost their young kids, especially to the counterfeit pills. And it’s all coming from Mexico.”

Overdose deaths involving synthetic opioids (other than methadone) between 2005 and 2018. (DEA 2021 report)

The Rio Grande City Border Patrol station takes care of a 68-mile strip of international border in south Texas. It sits within the Rio Grande Valley Sector and in 2019 was the busiest of the nation’s 135 stations for drug seizures and the second busiest for illegal alien apprehensions.

Then-deputy chief Border Patrol agent for the Rio Grande Valley sector Raul Ortiz, said in March 2019 “we’re not even probably catching about 10 percent of it [drugs].”

Border experts have said it’s likely Border Patrol drug seizures will decrease as illegal immigration surges—agents will be tied up with large groups of people rather than interdicting drugs. Border Patrol highway checkpoints are also closing in many areas as agents are sent to the border to help with processing the increased numbers.

The Biden administration has said there’s no crisis on the border and urges potential migrants not to come in illegally. But the latest illegal crossing numbers show that February hit a 14-month high with more than 100,000 Border Patrol apprehensions.

Mexico’s president has expressed concern that President Joe Biden’s policies are encouraging illegal immigration and human trafficking along the border with the United States.

“They see him as the migrant president, and so many feel they’re going to reach the United States,” Mexican President Andres Manuel Lopez Obrador said of Biden the morning after a virtual meeting with his U.S. counterpart on March 1, according to Reuters.

Maltz said, “perception is reality. People around the world look at Biden as a softie on immigration.”

“The open border is a disaster. It just increases the [cartels’] ability to move drugs freely into America,” he said.

“Also, most importantly, it allows them to get their command and control operatives in the [United States] to establish the stash houses, the distribution outlets, the money collection points, so they have lots of people in America who are able to operate freely around the country.”

Areas of influence of major Mexican cartel within the United States. (DEA report 2021)

The cartels control the south side of the U.S.–Mexico border and anyone who crosses illegally has to pay them. Many can’t afford the smuggling fees and become indentured to the cartels once they reach the United States. Others realize it’s more lucrative to become involved in transnational crime rather than get a job at a fast food restaurant, for example, Maltz said.

“This didn’t start under Donald Trump. It didn’t start under Barack Obama. It didn’t start under George Bush. This drug crisis has been escalating for years,” he said.

“But they’re doing it at levels that we’ve never seen in the history of the country.”

San Francisco's Poop-Patrol Boss Made $380K, Didn't Do Crap, And Has Been Charged With Corruption

 Authored by Adam Andrzejewski via RealClearPolicy (emphasis ours)

In 2019, we highlighted a tripling in reported human waste in the public way. Citizens filed 10,644 complaints in 2014 and the number of complaints escalated to 30,996 cases by 2019.

Our auditors mapped 118,352 case reports of human waste on city streets – from 2011 to 2019.

Certainly, the poop was deep in San Francisco, but then things really hit the fan.

And the FBI stepped in.

Mohammed Nuru, the public works director and self-titled @MrCleanSF, was in charge of keeping city streets clean and oversaw a $500 million budget. He was indicted by the Department of Justice (DOJ) in 2020. 

Nuru was charged with one count of alleged public corruption and is innocent until proven guilty. “The complaint describes a web of corruption involving bribery, kickbacks, and side deals by one of San Francisco’s highest-ranking city employees,” said U.S. Attorney David L. Anderson. “The public is entitled to honest work from public officials, free from manipulation for the official’s own personal benefit and profit.”

Nuru was well paid in his futile attempt to keep San Francisco streets clean. His total taxpayer-funded cash compensation in 2019 was $380,120, and his base salary had jumped by $65,000 over eight years. Our auditors at OpenTheBooks.com compiled Nuru’s pay based on Freedom of Information Act requests filed with the City of San Francisco.

Currently, the federal investigation that snared Nuru has charged nine people with one already sentenced.

It seems the streets might not be the only thing dirty in the Bay Area.

The #WasteOfTheDay is presented by the forensic auditors at OpenTheBooks.com.

COVID-19 Origins To Be Found 'Within A Few Years' According To Wuhan Lab Affiliate Peter Daszak

 From Zero Hedge

In 2014, Peter Daszak, president of New York-based nonprofit EcoHealth Alliance, received a grant from Dr. Anthony Fauci's National Institutes of Health (NIH) to work with the Wuhan Institute of Virology (WIV) and others to research how bat coronaviruses can 'evolve and jump into the human population.'

Peter Daszak, president of EcoHealth Alliance

The grant's initial funding of $666,442 began in June 2014 with an end date of May 2019, and had paid annually to the tune of $3.7 million under the "Understanding The Risk Of Bat Coronavirus Emergence" project. Notably, the Obama administration cut funding for "gain-of-function" research in October, 2014, four months after Daszak's contract began, while the Wuhan Institute of Virology "had openly participated in gain-of-function research in partnership with U.S. universities and institutions" for years under the leadership of Dr. Shi 'Batwoman' Zhengli, according to the Washington Post's Josh Rogin.

After Rogin exposed diplomatic cables last April expressing grave concerns over safety at WIV, he says (in a new book): "many of the scientists who spoke out to defend the lab were Shi’s research partners and funders, like the head of the global public health nonprofit EcoHealth Alliance, Peter Daszak; their research was tied to hers, and if the Wuhan lab were implicated in the pandemic, they would have to answer a lot of tough questions."

Shi Zhengli (center) and Peter Daszak (far right). (Emerging Viruses Group photo)

In short, Daszak - who has insisted the 'lab escape' theory is impossible, and that random natural origin via intermediary animal species is the only answer - has a massive conflict of interest.

Last August, the NIH reportedly cut funding to Daszak amid the COVID-19 pandemic, only to reverse its termination of the grant while suspending funding until EcoHealth met several requirements - including an in-person inspection of the Wuhan Institute of Virology by an outside team.

(August 19): According to a Wall Street Journal report and a statement by EcoHealth Alliance, NIH reversed its termination of the grant but suspended funding until EcoHealth meets new requirements, including arranging an inspection of the Wuhan Institute of Virology by an outside team. “NIH’s letter does not represent a good faith effort to understand the nature of our ongoing research,” EcoHealth says in its statement, but “imposes on us a series of demands that the NIH is fully aware many governments and the World Health Organization alike have been unable to successfully satisfy.” -TheScientist

As it turns out, Daszak (who, again, insists SARS-CoV-2 couldn't have come from the lab he worked with) was the most prominent member of the World Health Organization (WHO)'s media blitz super legitimate 'inspection' of Wuhan and said now-infamous virology institute he'd been collaborating with for years. A trip which coincidentally checked Daszak's box to continue receiving his NIH funding.

Unsurprisingly, Daszak says the WHO team learned during their Wuhan trip that "meat from animals known to carry coronaviruses belonging to the same family as the pandemic virus were sold in the Hunan market," adding that the leading hypothesis is that "a bat or other wildlife species carrying a progenitor, or closely related virus, infected a farm animal or a person, who then carried it to the Huanan market," according to the Wall Street Journal.

Dutch virologist Marion Koopmans echoed Daszak's position, reiterating that the team considered it "extremely unlikely" that the virus may have escaped from a lab - because they don't have evidence of it doing so (which is somehow different from the lack of natural origin evidence).

"There was a conduit from Wuhan to the provinces in South China, where the closest relative viruses to SARS-CoV-2 are found in bats," Daszak claimed, adding "And that's a really important clue."

So now - with that bit of context - you'll forgive the audible laughter after Daszak on Wednesday said that 'it might be a few years' before we find out exactly where COVID-19 came from.

"I’m convinced we’re going to find out fairly soon," he said during a webinar organized by London think tank Chatham House - defining 'soon' as: "Within the next few years," when "we’ll have real significant data on where this came from and how it emerged" [ZH: and which, in a stroke of unimaginable coincidence, began on the doorstep of WIV - where they were experimenting on how to make bat coronaviruses more easily infect humans].

Daszak also noted that he didn't ask WIV researchers about a mysteriously missing bat virus database.

And before anyone goes having their own thoughts on the matter, bear in mind that you may be censored, throttled or canceled for expressing deviant opinions which run counter to Silicon Valley's uber-establishment doctrine. Of course, as top commenters frequently ask - why are you on social media in the first place?

One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored"

 From Zero Hedge:

Another week, another massive inflow into equity funds... just as the Nasdaq was about to get hammered with a painful 10% correction.

According to BofA Chief Investment Strategist Michael Hartnett's latest Flow Show note, $22.2Bn in new money flowed into equities last week, following the previous week's massive $46.2Bn inflow which was the 3rd biggest on record, bringing the total 16 week inflow to $436BN, a stunning outlier as shown in the chart below.

Addressing this massive tide of money, Wayne Wicker, chief investment officer at Vantagepoint Investment Advisers said that "Investors are looking at the market today and saying, ‘Wow, this is going to come back faster than I thought. I need to position myself accordingly. There’s a fear of missing out, of being under-invested."

“We’ve seen for many reasons that people have been trained to buy the dips,” Kim Forrest, chief investment officer of Bokeh Capital Partners, told Bloomberg. “Just about every economist out there thinks the U.S. GDP is going to be 6% or above and that says growth. And yes, there’s some specter of inflation that may bubble up,” but, she said, “people are not afraid of inflation because we haven’t had that horrible really life-changing inflation.”

“We would admit to still seeing some pockets of speculative excess out there,” said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. “When we reach levels of maximum bullishness, that is usually a better time to pare back,” he added. “Market pullbacks like we’ve had this week serve as wake-up calls for investors that buy first and ask questions later.”

And yet, it's very likely that next week this massive inflow won't be repeated. In fact, it's far more likely that next week we will see a massive outflow because as Hartnett notes, "the price is now right":  he points to the >100bps rise in 10Y TSY yields since Aug 4th low - as a reminder the plunge in 10Y prices since last March has been the 2nd worst bear market for bond in recent history... 

... with credit (LQD, EMB) and tech (NDX -11%, SOX -15% from highs) having been hammered. The result is a sharp drop in froth (TAN -32%, TSLA -33%) while at the same time inflation assets are increasing sharply (oil 37%, banks 33%). And pointing to the chart below, Hartnett says that his "investment clock" says once inflation visible = yield curve bear flattens = +ve volatility, dividend-yielders, defensives.

As an aside demonstrating the tremendous inflationary pressures which the Fed simply refuses to acknowledge as St Louis Fed Chair James Bullard idiotically commented on earlier when he said that " Commodity price inflation does not equal sustained inflation", Hartnett points out a price increase notification to CA real estate developer which said that

“Our worldwide supply chain, and ability to provide products and services to you, is being significantly impacted by increased prices resulting from labor and raw material shortages, escalating raw material prices, manufacturing delays and transit interruptions. Stated directly, our costs are increasing and are much more volatile than in the past.”

Someone please forward this to Bullard.

But going back to Hartnett, it's what he said next that was stunning. In the weekly note aptly titled "Throwing in the Powell"...

... Hartnett calmly lays it out that "debt deflation + 982 rate cuts and $21tn QE since Lehman = financial repression = low and stable interest rates = bull market in credit & stocks 2009-2021." But the epochal policy panic of past 12 months ($29tn global fiscal/monetary stimulus)

... has created an addictive Wall St-Fed dependency culture (everyone bullish) and beginning of Main St-Treasury dependency culture, which will spiral higher with $8tn US govt spending for stimulus checks, welfare, financed by $8tn Fed balance sheet.

This pernicious combination means that asset price inflation is mutating into Main Street inflation...

... and more importantly according to the rates strategist, means that rates are no longer “anchored”; Indeed, the best measure of interest rate uncertainty is 10-year Treasury term premium and it has surged by 120bps in the past 12 months...

... staring "a new era of volatility."

Which brings us to the punchline of the Hartnett report: what will the Fed do? As Hartnett notes, the 10-year Treasury yield low was just 0.51% on Aug 4th with bonds looking "big, fat & trendy." However this has changed and "the immediate outlook is excess fiscal stimulus + “boom” data (10% GDP, 30% EPS, 4% CPI in Q2) + subservient Fed + social/political desire for more inflation & less inequality."

As a result, BofA predicts that the bond bear is likely not over and that markets will now likely push the Fed via higher yields (i.e. 10Y rising above 2%) into Yield Curve Control policy announcement, something we have been pounding the table on for months...

... but first bond yields have to go even higher and stocks lower. Conveniently, Hartnett also lays out the key trigger to watch to determine if the current 10% tech correction will turn into a bear market:

XHB<$55, HYG<$80 could turn tech correction into deeper 10-20% correction of equities (SPX<3600, CCMP <12,000) which this time would likely include cyclicals (e.g. small cap, banks, energy, EM).

It's at this point that the Fed, facing the stark reality of being unable to let market drop as financial assets represents 600%+ of global GDP...

... will - in Hartnett's words - inevitably move to YCC. Some math:

• a 1% rise in US Treasury yields (as occurred past 6 months) increases deficit in 12 months (interest payments) by amount equivalent 2X budget for NASA;
• a 1% rise in yields above CBO baseline adds a remarkable $9.7tn to deficit between 2021-30 (10X the annual US defense budget of $0.9tn).

That's why the Fed's next step is clear.

So one Powell does launch YCC, BofA believes that it will trigger:

1. Asset Volatility - all historic government policies to fix asset prices end with hubris, leverage, abnormal valuations; YCC (as Australia is learning) is new ERM (Europe’s failed Exchange Rate Mechanism of 80s/90s); era of speculative assaults on central bank policy has begun. BofA's reco: "own volatility"
2. Dollar Debasement - while the US dollar may rally in advance of YCC (EM vulnerable short-term – see BRL), the YCC announcement "will likely trigger start of great bear market in US dollar."

Which all brings us to the conclusion, namely BofA's look at the regime shift between 2020 and the rest of the decade... and what to do ahead of the Fed's historic nationalization fo the entire bond market.

First, a look back at 2020:

Bigger picture secular low point for both inflation & interest rates; coming years will be marked by bigger government (public sector monopolistic), smaller world (globalization to localization), dollar debasement (inflation solves debt), a populist electorate (voting for UBI & MMT); all in an attempt to fight the War on Inequality (taxes, regulation, redistribution); "buy humiliation, sell hubris" = inflation assets to beat deflation in coming years.

And finally, Hartnett's views on the rest of the 2020s:

1. We expect low, volatile, clustered, 3-5% long-run returns, like 1970s;
2. We say optimal AA is 25/25/25/25in bond/stock/cash/commodities and/or in growth/yield/quality/inflation in 2020s;
3. While we worry in very short-term inflation overpriced, we still think AA need to raise inflation hedges as US dollar weakens medium-term (commodities, gold, real assets, TIPS, small cap value, volatility);
4. Tech leadership is over, but YCC should provide good entry point into small cap tech.