Peak Prosperity, Released on 6/2/20

Global deaths from covid-19 are on the wane. Most countries and states are starting to remove lockdown restrictions. And now we’re starting to see medical claims that the SARS2 virus is losing potency. Is the covid-19 pandemic finally over? Not quite, cautions Chris. Yes, there are encouraging signs that fatalities are slowing, but there are still a lot of unknowns to address before we breathe a sigh of relief. The fact that lockdowns are ending at the same time thousands are coming into close quarters at protests will tell us in just a few weeks how worried we’ll need to be about a resurgence in infections. Meanwhile, lots of uncertainty continues to swirl around chronic questions like ‘Is HCQ helpful or harmful?” and ‘Does covid-19 have lab origins?’. With each day it seems there’s a new wrinkle released that keeps the skeptics and the believers at odds with each other. Last, the societal trauma and the resulting inequality the official “rescue” efforts are creating are manifesting in the growing social unrest underlying the recent outbreak of protests and riots across the country. We need to keep our eyes on the true villains in this story — primary among them the Federal Reserve — rather than fighting each other.

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

  coronavirus, covid 19, pandemic, second wave