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German Minister Admits Lockdown Will Kill More Than COVID-19 Does

German Minister Admits Lockdown Will Kill More Than COVID-19 Does

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German Minister Admits Lockdown Will Kill More Than COVID-19 Does Tyler Durden Sat, 09/26/2020 - 08:10

Authored by Steve Watson via Summit News,

Germany’s Minister of Economic Cooperation and Development, Gerd Muller, has warned that lockdown measures throughout the globe will end up killing more people than the Coronavirus itself.

In an interview with German newspaper Handelsblatt, Muller warned that the response to the global pandemic has resulted in “one of the biggest” hunger and poverty crises in history.

Muller warned that further damage will be done if draconian measures continue to be enacted by governments.

“We expect an additional 400,000 deaths from malaria and HIV this year on the African continent alone,” Muller emphasised, adding that “half a million more will die from tuberculosis.”

“The supply of food and medication is no longer guaranteed,” Muller continued, adding “Many of the West’s aid programs are not adequately funded,” also noting that while countries focus on battling the virus at home, it is having a massive toll on countries not equipped to combat it without help.

Muller further warned that “humanitarian catastrophes” are “building up right on our doorstep,” while European governments concentrate on lockdowns and restricting the movement of people.

“Europe has decided to support its own economy with programs worth around two trillion euros. No additional support is planned for Africa. That will catch up with us,” Muller urged.

The Minister admitted that a further wave of mass migration in the future could result from such action.

Muller’s comments come five months after a leaked study from inside the German Ministry of the Interior revealed that the impact of the country’s lockdown could end up killing more people than the coronavirus due to victims of other serious illnesses not receiving treatment.

The findings dovetail with other research that has concluded lockdowns will conservatively “destroy at least seven times more years of human life” than they save.

As we have previously highlighted, in the UK there have already been up to 10,000 excess deaths as a result of seriously ill people avoiding hospitals due to COVID-19 or not having their hospital treatments cancelled.

Professor Richard Sullivan also warned that there will be more excess cancer deaths in the UK than total coronavirus deaths due to people’s access to screenings and treatment being restricted as a result of the lockdown.

His comments were echoed by Peter Nilsson, a Swedish professor of internal medicine and epidemiology at Lund University, who said, “It’s so important to understand that the deaths of COVID-19 will be far less than the deaths caused by societal lockdown when the economy is ruined.”

According to Professor Karol Sikora, an NHS consultant oncologist, there could be 50,000 excess deaths from cancer as a result of routine screenings being suspended during the lockdown in the UK.

In addition, a study published in The Lancet that notes “physical distancing, school closures, trade restrictions, and country lockdowns” are worsening global child malnutrition.

Experts have also warned that there will be 1.4 million deaths globally from untreated TB infections due to the lockdown.

As we further previously highlighted, a data analyst consortium in South Africa found that the economic consequences of the country’s lockdown will lead to 29 times more people dying than the coronavirus itself.

Hundreds of doctors are also on record as opposing lockdown measures, warning that they will cause more death than the coronavirus itself.

Despite citizens across the world being told to observe the lockdown to “save lives,” numerous experts who are now warning that the lockdown could end up costing more lives are being ignored or smeared by the media.

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Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

By Charles Kennedy of OilPrice.com,

Oil prices have topped $113 per barrel…

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Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

By Charles Kennedy of OilPrice.com,

Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit. 

In early afternoon markets Monday, news that Shanghai was seeing a strong recovery from COVID cases, with plans in place to ease lockdown restrictions beginning this week, outweighed a litany of bearish news for oil. 

Brent was at $113.97 per barrel on 3:20 pm EST, while WTI was trading at $113.77.

WTI neared $115...

Authorities in Shanghai on Monday said restrictions would finally ease, in stages, after nearly six weeks of lockdowns that have shaken the Chinese economy and disrupted global supply chains.

On 1 June, Shanghai is scheduled to see lockdowns end, with a gradual easing beginning on May 21st. 

“From June 1 to mid- and late June, as long as risks of a rebound in infections are controlled, we will fully implement epidemic prevention and control, normalise management and fully restore normal production and life in the city,” the Guardian quoted deputy mayor Zong Ming as saying Monday. 

The announcement comes shortly after downward pressure was put on oil prices over new releases of weak Chinese economic data and signals that the European Union’s plans to ban Russian oil had faltered.

On Monday, China published official economic data, showing a significant slowdown, with industrial output falling by nearly 3% year-on-year in April, and retail sales down by around 11%. Shanghai’s port volumes were also down by 40%, according to DW.  

All of this has led to a decline in demand for oil coming out of China. 

However, according to new data from the Saudi Arabia-based Joint Organizations Data Initiative (JODI), global oil demand surpassed pre-pandemic levels in March, at 101%, despite declines in Chinese demand. However, the report noted that crude oil production was at 97% of pre-COVID levels. The data is based on submissions that account for 70% of global oil demand and 55% of global crude production. 

Tyler Durden Mon, 05/16/2022 - 17:05

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Did Fauci Just Convince Swing-Voters To Pull For Trump?

Did Fauci Just Convince Swing-Voters To Pull For Trump?

81-year-old Dr. Anthony Fauci issued a stunning and brave proclamation on Sunday;…

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Did Fauci Just Convince Swing-Voters To Pull For Trump?

81-year-old Dr. Anthony Fauci issued a stunning and brave proclamation on Sunday; if former President Trump is elected president again in 2024, he's out.

"If you look at the history of what the response was during the administration, I think, you know, at best, you can say it wasn’t optimal," Fauci told CNN's Jim Acosta, adding "History will speak for itself about that."

Fauci, who as the head of the National Institute of Allergy and Infectious Disease funded dangerous "gain-of-function" research on coronaviruses and then lied about it while under oath, is the US government's top official in charge of the pandemic response.

Trump and Fauci had frequent public disagreements over various health policies during the initial months of the pandemic - with Fauci pushing for masks and lockdowns (after initially saying masks don't work), and Trump pushing for a Sweden-esque hands-off approach to mitigation.

And while Fauci may now insist that he wouldn't continue in his role (when he'd be 84-years-old), he may not be in a position to accept the job of Sen. Rand Paul is able to follow through on a vow to bring the 'top doc' to justice if the GOP retakes the Senate during this year's midterm elections.

 

 

Tyler Durden Mon, 05/16/2022 - 17:25

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A Slowdown in Showings

Today, in the Calculated Risk Real Estate Newsletter: A Slowdown in ShowingsA brief excerpt: The following data is courtesy of David Arbit, Director of Research at the Minneapolis Area REALTORS® and NorthstarMLS (posted with permission). Here is a lin…

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Today, in the Calculated Risk Real Estate Newsletter: A Slowdown in Showings

A brief excerpt:
The following data is courtesy of David Arbit, Director of Research at the Minneapolis Area REALTORS® and NorthstarMLS (posted with permission). Here is a link to their data.

The first graph shows the 7-day average showings for the Twin Cities area for 2019, 2020, 2021, and 2022.

There was a huge dip in showings in 2020 (black) at the start of the pandemic, and then showing were well above 2019 (blue) levels for the rest of the year. And showings in 2021 (gold) were very strong in the first half of the year, and then were closer to 2019 in the 2nd half.

Click on graph for larger image.

Note that there were dips in showings during holidays (July 4th, Memorial Day, Thanksgiving and Christmas), and also dips related to protests and curfews related to the deaths of George Floyd and Daunte Wright.

2022 (red) started off solid but is now below the previous three years.
There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/

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