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Bank of America Warns “Civil Unrest” Could Crash Global Economy

“Flashbacks to the days just before the French Revolution are all too real.”

Published

11 months ago

on

Michele Tantussi via Getty Images

In its latest Fund Manager survey, Bank of America warns that one of the biggest risks that could precipitate a global economic collapse is the prospect of mass “civil unrest.”

While the market is looking bullish thanks to several rounds of positive news regarding a COVID-19 vaccine, BofA Chief Investment Officer Michael Hartnett is telling investors that that sentiment is baked in and it’s now time to “sell the vaccine” in coming weeks/months as we think we’re close to “full bull”.

Coronavirus itself remains the biggest “tail risk” to the global economy for the 8th consecutive month, followed by the “tech bubble.”

However, what’s really raising eyebrows is the factor that BofA considers to be the third most likely threat to financial stability and growth, namely “civil unrest.”

Zero Hedge explains exactly what Bank of America is referring to with its warning of “civil unrest”:

“So what’s going on here, is Wall Street really starting to worry about what we first said back in 2010 – much to Time Magazine’s mockery – that the Fed’s disastrous policies would eventually push US society to armed conflict and/or to civil war. While it may be easy to dismiss such fears as hyperbolic, consider what otherwise level-headed Bloomberg macro commentator (and former Lehman trader) Mark Cudmore wrote overnight in his latest lament that markets are so broken, that in the end it will all “end in tears”, either in the form of collapse of fiat currency or through “political revolution”, read armed conflict.”

“Which brings us back to square one. Because in a world where a handful of traders are the most bullish they have been in 20 years while the living standards of tens of millions of Americans are absolutely dismal with the economy on the verge of yet another depression-causing shutdown, the flashbacks to the days just before the French Revolution are all too real.”

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Riots

More Disgusting Police Brutality in Australia as Orange Vest Protests Continue

MP calls for federal investigation.

Published

1 month ago

on

24 September, 2021

Video Screenshot

There were more disgraceful examples of police brutality in Australia as construction workers continued to protest against the shut down of their industry and mandatory vaccinations.

Constructions workers in the state of Victoria were told by their union they’d be forced to get the COVID-19 jab or face being fired, prompting major unrest in Melbourne.

In another slap in the face, the government then announced a two week shut down of construction work to punish the protesters.

Demonstrators hit the streets again today but were met with yet more vulgar examples police brutality, including one incident caught on camera where a protester who was already pinned to the ground was stuck by a knee to the back from a riot cop who took a run up.

Police again fired rubber bullets at protesters (because they’re so concerned about their health).

Authorities have deployed police usually reserved for counter-terror operations to deal with the demonstrators.

Anyone who looks like a ‘tradie’ (a construction worker) is being harassed on the street.

Cops are keeping people ‘safe’ by violently attacking them.

Craig Kelly MP of the United Australia Party is calling for a federal investigation into police brutality, calling their behavior “unacceptable, unAustralian & illegal.”

Thanks to COVID lockdowns and mandatory vaccinations, Australia has fallen.

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Videos: Armed Antifa Hunt Down Attendees of Christian Event in Portland

Evangelicals targeted by extremists following music event.

Published

3 months ago

on

9 August, 2021

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Numerous videos out of Portland show chaos on the streets after Antifa members armed with projectiles tried to hunt down attendees of an Evangelical Christian music event.

After assaulting attendees of the festival the previous day, Antifa members complained that they were outnumbered given the sheer size of the crowd at the Christian event.

However, as soon as night fell and the larger crowd dispersed, Antifa sought to pick off attendees one by one as they chased them on the streets and attacked them with missiles and pepper spray.

“Go hit that car! Hit that car!” one individual shouts as the mob chase down the Christians.

Chunks of concrete were also thrown.

Antifa scumbags also threw fireworks at the Christian attendees.

Another video shows a man armed being verbally abused by Antifa members (the only reason they don’t physically attack him being the fact that he’s armed with a rifle).

The Antifa extremists demand the man be arrested by the same police they want to defund and abolish.

The clashes continued all throughout the night.

Hans, are we the baddies?

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UN Special Rapporteur on Torture: “Authorities Are Viewing Their Own People as an Enemy”

Professor to lead investigation of police brutality against anti-lockdown protesters.

Published

3 months ago

on

5 August, 2021

Anadolu Agency via Getty Images

UN Special Rapporteur on Torture Nils Melzer responded to police brutality dished out to anti-lockdown protesters in Germany last weekend by warning, “Authorities are increasingly viewing their own people as an enemy.”

As we highlighted earlier in the week, Melzer, a professor of international law, made a request for eyewitnesses after footage emerged of numerous examples of people being manhandled and beaten by police in Berlin merely for expressing their right to assemble.

One clip showed a female anti-lockdown protester in Berlin being grabbed by the throat and brutally thrown to the ground by riot police, while another showed a young boy being struck in the face as he tried to come to the aid of his mother.

The response to Melzer’s request was overwhelming, with over a hundred reports of violence flooding in, leaving him with the task of “calling for clarification as well as punishment and reparation for rule violations,” reports Berliner Zeitung.

The professor says there is clearly enough evidence “for an official intervention on my part with the federal government.”

However, it was Melzer’s comments on the wider perspective of the crackdown that stirred the most interest.

After seeing similar scenes during anti-lockdown protests in European cities across the continent, as well as “police operations in demonstrations worldwide,” Melzer came to a sobering conclusion.

“Something fundamental is going wrong. In all regions of the world, the authorities are apparently increasingly viewing their own people as an enemy,” he stated.

Melzer went on to assert that it is totally unethical for police to engage in violence against the citizenry unless it is in clear self-defense.

“It is absolutely unacceptable when the police take action against defenseless demonstrators because of mere administrative offenses or civil disobedience with sometimes life-threatening violence,” he said.

The professor also noted the utter stupidity of police inflicting violence on demonstrators while claiming to do so in the name of “health protection.”

“If the police do not clearly communicate that they see themselves as friends and helpers, but rather treat their own population as an enemy, then a dangerous spiral has been set in motion: namely that the next thing is that the population will also regard the police as an enemy,” concluded Melzer.

As we previously highlighted, while authorities continue to direct police to meter out violence against protesters, Germany’s top newspaper recently profusely apologized for its fearmongering coverage of the COVID-19 pandemic.

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