(A few prophecies from the Modern Nostradamus, John Hogue:)
DATELINE: 31 May 2020
THE PRELUDE:: May you Live in Interesting Quickening Times
This title is a variation on the Chinese proverb that euphemistically sugarcoats a time of upheaval, an end of the long vacation from history’s whirlwinds as “Interesting.” There are many moving future-trending parts to the quickening evolutionary crisis of the human race. HogueProphecy will try to keep giving you the larger perspective as the news plays its infantile fixation on one running part of this engine of global crises, such as the Coronavirus. The first important trend to anticipate is upon us: what kind of “new abnormal” is the world about to enter, just as it looks like the US and Europe are the first large centers of civilization after China to stagger out of their economic shutdowns and slowly resuscitate the engine of commerce.
What are signs of the damage to look out for?
How long will the recovery be? Will half the world emerge unemployed? Are the dire figures initially being reported about job losses going to end up in fact not at all as high as feared, just like forecasts of the Coronavirus’ death toll have turned out far lower than first anticipated?
Given the quickening times, I will start off my May 2020 Article wave with several news-trending articles providing you with quick oracular insights into future trending themes….
Awakening from a COVID Pan-Econodemic Coma
By early July we will begin to See How much Damage Shutting Down the World. did To the Body Economic
… The ILO believes half of the world’s workforce—1.6 billion workers—will have no jobs to return to. Like gig workers in the developed world, the informal or day-job workers on short-term contract will be hardest hit, especially in developing nations.
The ILO report came out at the end of April, roughly after month one of the global economic “coma” as my oracle likes to call it, declaring, “The first month of the crisis is estimated to have resulted in a drop of 60 percent in the income of informal workers globally.”
Imagine an epic peril of 436 million businesses descending into foreclosures, bankruptcy with a good chance that a third of these, even half might disappear?
The EU’s (Eeeyoooky!) unemployment stats are coming in. If COVID-19 prays on the vulnerable with compromised immune systems and preexisting conditions, the post-COVID-Pan-Econodemic has the econimmunologically unhealthy members of the EU in its clutches.
Italy is in shock and crawling out of the shutdown weak as a kitten. Then there’s Spain’s Labor Ministry revealing unemployment benefits hitting an all-time high of 5.2 million at the end of April alone. The Spanish working in the food and beverage services lost 720,000 jobs. With the Bank of Spain forecasting an economic shrinkage of 6.8 percent and even 12.4 percent in 2021, “if the Covid-19 lockdown lasts eight or 12 weeks.”
… People’s habits have undergone a shock from this plague and lockdown. China, the first outbreak center opening back to business in early April, has seen a lot less people returning to crowded malls, movie theaters, sport venues and restaurants.
France’s President Macron has already declared in late May 2020 a cancellation of August vacations. Say au revoir to millions of French folk crowding their own and Italy’s restaurants and Mediterranean beaches sustaining millions of French, Italian or the 720,000 Spanish food and beverage workers hoping to go back to work in hotels, bistros and kitchens of these nationally critical tourist markets.
The same vacuum of international tourism is coming all over the world.
The International Air Transport Association (IATA) when faced in mid-May with 90 percent of air travel grounded in Europe and the US since the start of the pandemic are now predicting a great downsizing of the airline industry as a consequence. They have concluded recovery back to pre-COVID-shutdown levels will take until 2023, a minimum of three years.
…Now let’s look to the EU’s economic heart, the German economy, without which there would be no Euro economic union, since the euro is a deutschmark in disguise. It’s heading for its worst recession since it had no economy left standing at the end of World War II. The German Economic Ministry predicted it will shrink by 6.3 percent in 2020 but rebound by 5.2 GDP after the economy revives in the second half of 2021.
…( Rick) Sanchez (of RT America) pointed out that that printing unbacked fiat money to abandon “is not good for consumers.” The reckoning comes later when they begin bracing for rises in the cost of living because of all this printing by fiat across the globe. The funny money has been cranked out by central banks in the trillions—$5 trillion by the US alone in mid-May.
…I can feel it clearly, we aren’t coming back to pre-COVID prices for food or much else. There will be a slow climb in costs that the US president will do whatever magic tricks with stimuli of the economy he can to curtail. That means the real pocketbook pain is coming “after” the 3 November presidential election.
…Also by year’s end perhaps 40 percent of the 40-million plus unemployed are still unemployed.
If you Can’t Work You Can’t Eat
The Hunger Games of Global Food Shortages are Here
No work equals no income, equals no food security and no future. This, framed in my brevity of words, is what the ILO Director-General Guy Ryder related in his late April UNO report. He added that a “massive” rise in poverty was coming in the wake of the COVID-19 shutdown and lockdown. And what he didn’t mention directly is these newly-impoverished people will go hungry.
Where there’s Plague, there’s War:
US Playing Games of Military Chicken with Iran From the Persian Gulf to Venezuela And US is behind Renewal of Tensions in Hong Kong
Plus the Sino-Indian Border Crisis in Ladakh
There is an important overview not being addressed by the US mainstream media. There is a reason behind why President Trump threatens to defund WHO (World Health Organization) because it answers, in his view, as an agent of China.
! EARTH TRAUMA WARNING !
Sooner than Later: Tropical Oceans
Will Begin Collapsing in Ten Years!
It is coming in our lifetimes! The timing, speed and intensity of temperature rises have brought forward estimates by scientists of a catastrophic biodiversity loss their earlier findings pushed back far over the horizon window to the distant year of 2100.
The sections have been greatly abbreviated. Go to the link to read the full text.