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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

1 year 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

Rioters Attack Cops, Smash Windows During Roe v Wade Protest in LA

Mob carried Communist flags.

Published

2 weeks ago

on

4 May, 2022

Video Screenshot

A group of rioters, some carrying Communist flags, threw rocks at police and smashed squad car windows last night during unruly protests against the Supreme Court’s indication that it might overturn Roe v Wade.

The LAPD issued a citywide tactical alert in response to the disorder after a group of about 250 protesters became violent.

According to LAPD Chief Michel Moore, the protesters were ordered to disperse just after 9pm, but their anger escalated.

“Moore said the group began throwing rocks and bottles at the LAPD officers, and one officer was injured,” reports NBC Los Angeles.

“An ambulance was called to the scene, but authorities could not confirm the officer’s condition.”

Police trying to arrest one of the rioters were surrounded by a mob, enabling one individual to escape.

Another video clip shows irate rioters insulting and threatening cops.

Some of the rioters were carrying Communist flags.

Another clip shows the rioters smashing up a squad car.

Expect more of this chaos for weeks to come, as leftists once again throw giant hissy fits in response to the normal functioning of a Constitutional democracy.

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Riots

Antifa Riots in French Cities Because They Didn’t Like the Election Result

Not a fan of democracy.

Published

1 month ago

on

11 April, 2022

Carlos Gil Andreu via Getty Images

Antifa members in France reacted to the outcome of the first round of the presidential election by rioting in several cities because they didn’t like the result.

Populist Marine Le Pen will face off against incumbent Emmanuel Macron in the second and final round of the election in two weeks after the pair racked up the most votes out of all the candidates.

This apparently displeased members of the far-left Antifa extremist group, who responded to the democratic vote by rioting in several major cities.

Rennes, Brittany saw innumerable acts of arson and several violent clashes last night in the aftermath of the vote.

Protesters who marched through the streets also caused property damage.

Other Antifa rioters attempted to smash their way into a bank.

Riot police were deployed.

Rioters also set off fireworks to protest the result in the city of Lyon.

https://twitter.com/winnie_LaLisa/status/1513321404665667589

Marseille was also hit with unrest.

Despite Le Pen’s success, all the other establishment parties, from Republicans to Communists, have urged their supporters to vote for Macron in the second round, closing ranks around the former Rothschild banker and Socialist technocrat.

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Riots

More Disgusting Police Brutality in Australia as Orange Vest Protests Continue

MP calls for federal investigation.

Published

8 months ago

on

24 September, 2021

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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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