28
Feb
20

COVID 19: A BLACK SWAN EVENT??


Here’s a little bit of mind bending thought: given the growing Democrat delegate support for Bernie Sanders’ as Democratic Nominee for the 46th Presidency of the United State; yet, the simultaneous hesitancy of the Democrat Establishment to endorse Sanders’ democratic socialist agenda platform; feeling it will not meet with approval of the general electorate. The Democratic party is re-enforcing this sentiment by paralleling: socialism with communism , to undermine Sanders, and by nominating a more progressive, middle of the road candidate, will avoid Trump’s win of the November, election. 

Could the advent of the Corona Virus be an advantage to aid Bernie Sanders?

VIRUS

The Corona virus, a.k.a.: COVID 19, is on the verge to potentially ravish the globe. And, not necessarily from a public health, and mortality perspective; but, the ripple effects the panic, and anticipation of COVID 19, becoming a pandemic, is already show signs of developing.

Could COVID 19 materialize as 2020’s Black Swan event; a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact.

It’ is the growing condition of uncertainty that begins to impact the global economy dramatically. Work stoppages, production shutdown, lay-offs, commercial and retail sales decline, etc., etc..

As this condition grows, global stock exchanges see sell-offs; as the virus concern spreads further sell-offs at an increasing pace downward, spiraling to collapse, in all sectors, globally.

Just a few weeks since the outbreak, and cracks in the financial sector are beginning to appear:

            Stocks on track for worst week since financial crisis: https://www.youtube.com/watch?v=XxvyLL-lAn8, Markets continue their plunge amid corona virus fear: https://www.youtube.com/watch?v=IxPRoT7vTLc ].

Given what has transpired to date with quantitative easing measures, the Federal Reserve, and Central Banks might be powerless to plug the dam of liquidity outflow that have signs of materializing leading to exhausting of the financial system and fortunes being lost overnight.

It essentially, could have the effect of what the 2008 Sub-prime loan debacle did to trigger the financial collapse that almost brought on a depression; but this time: it will likely be from the top – down, and could be 1929 all over again but WORSE!

This potential Black Swan event could serve Bernie Sanders’ campaign well; to put front, and center, his Social Democratic policy platform, of the last forty-years.

The message to the electorate: recognize the collapse being suffered is the direct result of run-away Capitalism. Draw specific example to illustrate clearly, for the majority of the populace, how a purely corporate driven capitalist economy, and financial system is a pipe-dream, the American Dream; devised to benefit, and serve only the few.

Democratic Socialism, as Bernie Sanders has professed his entire life in service to the [Re]-Public; counters all the false promises sold over the last several decades of left-right politics, and promulgated through the corporate owned, and directed Main Stream Media.

A possible Campaign Slogan: BRING BACK THE FUTURE!, with the tag line: “For Hopes, and Dreams? NO, FOR REALITY!

 And should the Democrat Establishment impede Bernie’s rightful claim as Nominee for President; he declare himself an Independent, carrying his electoral support with him.

Then, to guarantee the passing of Bernie’s policies through Congress and the Senate, to vote for Democrats, and Independents, due for re-election, who advocate and fully support Bernie’s platform.

It’s just a thought; what do you think?

 


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