Peak Prosperity, Released on 3/10/20
To Watch Update #43, CLICK HERE
Despite having had more time to prepare, most authorities in the US and EU are responding to the coronavirus spread with such ineffectual and wrong-minded measures that they’re just making a terrible situation worse. In today’s video, Chris walks through the ‘gold standard’ process for how a country should act to contain a pandemic like this. How many countries come anywhere close to this standard? Depressingly few. And he shows case after case after case of authorities — at both the national and local levels — pushing policies that endanger the public.
Why is the official response to such a serious threat so poor? Human nature, fear, and self-delusion all seem to be playing an important role. Too many of our leaders refused to acknowledge the magnitude of the potential risk when this was “China’s problem”. And now that covid-19 is endemic in their own countries (99% of new infections now occur outside of China), it far too late for the preventative measures that would have made a difference if deployed earlier. So everyone is scrambling. And few authorities seem to have a grasp on the situation, resulting a confused angry public who is increasingly realizing that It Didn’t Have To Be This Way. As we’ve been saying since our first reports on this virus, don’t depend on the government to ride to your rescue here. Take your destiny into your own hands and prepare as best you can with the scant time likely left should the coronavirus appear in your community.
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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.