"The one question I get is - "if they are doing this lockdown knowing it is just a regular virus then how can they gain from wrecking the global economy?" A fair question and here is my theory.
We have no economy in any real sense and probably haven't since the Arab Oil Crisis in 1973. What we have is a global credit economy. Money is free with nothing to back it apart from printing more money. You can get away with this for so long. Eventually a colossal economic crash occurs which is equal to the amount of borrowings. Just look at the debt of the average middle class family in the West and do the sums...
In recent decades they have used oil and oil wars to off-set the certain massive economic collapse. Whatever you think of Trump, he is not a Bush, Clinton or Obama and will not murder a million more Arabs to keep the global economy going. He is not a politician like them. This is the main reason all these CEOs have stepped down and why the EU has done a runner. The ponzi scheme is up.
There would be uprisings in every country if the collapse happened naturally and politicians, bankers and business leaders would be swinging from every lamppost. It would lead to massive civil unrest everywhere. Armies would form juntas in what are currently considered 'stable democracies'.
So what was their alternative? Scaling back the global economy to what it was in the early 70s as quickly as they can without them being lynched. Tell people it happened because of a virus. The Normies will accept this rather than an outright crash. The lockdown also allows behavioral modification and social controls to be introduced - via 'emergency legislation' to get people ready for food, fuel and unemployment shortages/queues. We are being trained right now.
This is the major global economic crash predicted for years. It's here. Disguised as pandemic so you do not murder your government. This is it. The Great Depression 2. Micro and Macromanaged with a lie. Social Distancing today = Soup Kitchen Lines tomorrow. This time you are getting Lattes and Biscotti, rather than Coffee and Donuts. But it is still the same thing.
The real virus is the legacy of Neo Liberal economics coupled with failed Cultural Marxist 'critical theory' which produced a generation of indebted college students who think there are 98 genders, but who can not tell one end of a hammer from the other. Precisely the generation/demographic you'd otherwise need to work a society out of a recession. They have been made useless and all the chickens have come home to roost.
The globalists thought they could buy more time with the whole Climate Economy scam, but most sane people laughed at Greta Thunberg/Extinction Rebellion. Which was their last desperate roll of the dice before they went with the Covid-19 'Sampson' plan. This is the globalists only way of escaping being hacked to death in the streets by the Normies.
Year Zero with a slight fever.
Just to add, although it will be painful for a while, a saner world will eventually come of this. FDR-style New Deals with investment in infrastructure and social programs. We will finally get all them new hospitals and transit systems that have been long overdue. We'll see the return of the small farmer and a resurgence in skills and trades. But first there will be pain. Just don't let them rob the song from your heart in the meantime."
I see that there are people who actually believe this fairy story is credible. It isn't.
Its easy. The US obligated the taxpayers beyond our ability to pay. No mysterious devalued virtual cash. It is ACTUAL devalued cash, because our creditors will gradually lose confidence in our ability to pay back our debt.
If you borrow to pay gambling debt, its exactly like the money the government owes on your behalf. The government has nothing to show for it, and neither do we. But we still are obligated to pay it back, like owing a bookie.
The World is like a sand lot populated by thugs. Civility only existed in the US, until the Federal Bureaucracy grew into unaccountable authority, and now worse because of the virus.
That means eventually the "bookies" will come for their money, and thugs like China will only too happily assume our debt without our permission, and we will owe a bigger thug.
Not mysterious. Those unable to wrap their mind around virtual currency are clueless that they have been using virtual cash for their entire lives. It isn't something that just vanishes without cause, like borrowing too much, in part because the blockchain behind bitcoin is safer than banks.
We can dance if we want to
We can leave your friends behind
'Cause your friends don't dance and if they don't dance
Well, they're no friends of mine
Say, we can go where we want to
A place where they will never find
And we can act like we come from out of this world
Leave the real one far behind
And we can dance
This virus is not even a blip in the margin of error of the usual deaths from pneumonia and flu, 190,000 in the US in 2018 (https://healthdata.gov/dataset/deaths-pneumonia-and-influenza-pi-and-all-deaths-state-and-regionnational-center-health), 250,000 dead from medical errors: [iacld.ir]
I see no reason to accept that the elites are clutching at straws here. They seem to have a solid game plan, and they are plotting through us because 90% of ten population are sleepwalking into gas chambers and cheering the lock-downs.
Here are a few hints:
The Federal government borrowed 9 trillion dollars in the Obama administration. Every man, woman and child is now responsible for paying back about $67,500, and will get nothing for it. If you overextend your personal budget like that, you go bankrupt.
The equivalent of that for an economy the size of the Federal government is a devaluation of the currency (raising the Fed rate)
The Fed has no choice, as banks will also do that to protect their investments as too many dollars chase too few goods and inflation eventually makes the currency worthless.
No government in history has ever pushed the debt proportionally that far. Other countries completely dissolved economically. The protection of the dollar as the world currency will only delay the inevitable.
China has already forseen this and is making moves to become the World currency. Our last hope was for Congress to support the President at the start of his term for at least two terms of zero taxes to stimulate the economy into eventually producing enough tax revenue to pay it down. At this point there is no power on Earth that can change what is about to happen to the U.S..
Obama, Schumer and Pelosi doubled the deficit above all previous administrations combined. History will have their names and the Democrat Party on our economic failure. And even though they were sure it would not happen soon enough to affect them and their families, and that they could blame Republicans, now you know!
Congratulations to those who voted for them. Don’t blame anyone else when you can’t feed your family and have lost your home.
The virus is real even if the economy is not.
Every crisis is politically exploited by exploiters the problem I have with your analysis is that I don't believe the general population is innocent, they are just less competent exploiters and more vulnerable.
Circus and bread is what people demand and that is what they get. The people are not really the slaves but they are slaves to their emotions. They voted for bread and circus despite known that it was not sustainable. For the most part people act like bigger brained chimpanzees.
The problem with saying the economy isn't real is that most of what constitutes civilization isn't "real". The value of gold for example is no more real than the value of money. What you can purchase with an ounce of gold depends on demand. When there is high demand and limited supply the value of gold decreases. The value of gold is just as abstract as the value of money. Gold is unique only in that it is extremely difficult to manufacture. Most commodities are renewable and can be produced but heavy metals cannot and are relatively rare. They are often critical for some industrial processes, making for some "real" value, but what they are used to manufacture is still subject to the whims of the marketplace.