The Great Fall of China

The Shanghai lockdowns do not bode well for the future. The world economy is right now teetering on the brink of possible calamity. [Gilder's Daily Prophecy] March 30, 2022 [UNSUBSCRIBE]( | [ARCHIVES]( Critical Request From George Gilder [Click here to learn more]( One of George’s most trusted colleagues has just identified a new class of “Cryptocosmic” technologies that are dismantling the world wide web… …and handing ground-floor investors the profit-opportunity of a lifetime. As a result, George has a critical message he’d like to share with you – explaining how to get in front of this massive opportunity as soon as possible. I urge you to watch it immediately. [Go here now](. The Great Fall of China [Jeffrey Tucker]Dear Daily Prophecy Reader, Before we get to our daily issue... There is something urgent I’m asking you to take a look at. One of my colleagues just made a rather interesting discovery regarding the future of “The Cryptocosm.” Specifically, he’s pinpointed a handful of [tiny investment speculations]( that are poised to ride alongside an exponential growth curve over the coming years. (According to his research, he’s projecting a 9,900% industry boom by 2026). George even recorded a short video clip explaining everything. [[You can watch it here]( It’s not long. Maybe three minutes or so. I hope you take a moment and watch it at your earliest convenience. After you take a look, read on below… Early on in the pandemic, China was the first nation to identify SARS-CoV-2 and the first to use lockdowns as a control mechanism. The Communist Party generated wild videos that flooded the world. People were collapsing in the streets. Dead people were just lying around. Police were locking people in their apartments to control the spread. These videos had a lot to do with panicking the whole planet. In the old days before 24/7 news media coverage and insane and non stop social-media frenzies, hardly anyone would have paid attention. This was the first pandemic to deploy viral media frenzies. And it worked. China declared victory over the virus. They had stopped the spread by violating everyone’s rights. The pathogen got scared of the power, genius, and might of the CCP and it just went away. Be Like China! China’s astonishing society-wide lockdowns — never before seen anywhere in the world as a disease-control measure — earned high praise from “experts” everywhere. The World Health Organization sang the praises of lockdowns, with even the head calling them genius and impressive. Incredibly and astonishingly, it seemed that many people actually believed this poppycock. How could we know it was fake? Because all pathogens can be classified according to three general features: prevalence, severity, and latency. The first two are tradeoffs with each other, simply because a pathogen that kills severely cannot spread. We knew early on from China’s doctors, when they were allowed to speak, that SARS-CoV-2 was a classical coronavirus with respiratory infection. It had short latency, high prevalence, and severity focused on the old and infirm. Scientists the whole world over knew this for certain! What that means: it cannot be suppressed. It’s not Ebola. It’s not even SARS-CoV-1. It had properties closer to the flu. We knew that for sure. But some people in the world wanted to try out a new theory, and they did. The next country to lock down was Italy. The US was next. Once that happened, the UK fell and lockdowns spread throughout the whole world. There were only a few holdouts. The economic mess in the world today traces back to those days. The spending. The inflating. The brutal division of workers. The educational losses. Everything began in March 2020, and all the effects we are seeing now show exactly the hell that was unleashed in those days. Urgent: Strange Little Known Website Giving Away Free Crypto Today! It’s your luck day Our resident crypto expert James Altucher has found a little known website that will allow you to collect up to $167 FREE crypto. And he has even put together a short [2 minute video clip]( to show you what to do to get yours. [Click the link]( and James will walk you through the easy process. [Note: You do NOT need a “wallet” to claim this crypto, James will walk you through everything. But you do need to act fast. We don’t know the amount or how long this free crypto offer will be available] Shanghai Lockdowns There has been a theory out there, and I’ve sometimes found it attractive, that China never really believed in these lockdowns. They were merely trying to troll the West into thinking that lockdowns work. We took the bait. We stayed locked down for a year and more, even as Wuhan had fully opened and posted social media posts of thousands partying. Good trick! With the latest lockdowns in Shanghai, I’m doubting that theory. Cases were rising there as they must, but Beijing immediately ordered a lockdown of one of the world’s biggest, bussiest, and productive cities in the world. Most everything but essential businesses are shut right now. Bankers are sleeping in their offices. People are hunkered down in their homes. The enforcement is tight and brutal. It’s hard to imagine that the CCP would do this to a great city if its epidemiologists really believed that lockdowns do not work. They must believe it. Here is a report from one BBC reporter in Shanghai: "What time will the next test be? Are we allowed to walk around outside? Have you checked the food app to see if we can get a delivery order through? The main questions of the day. "For the last few days we haven't been able to go past the end of our road. A neighbour put some big bottles of fresh water out front yesterday, for people to come and take. Someone else organised a group buy of vegetables and eggs. "We're all wondering if it's really possible to test, analyse and then sweep up the Covid carriers among almost 25 million people in a matter of days, then simply open up again. We're preparing for weeks of this." Truth is that we are not just talking weeks. If we are to believe the data out of China, it appears that Covid has yet to arrive in most of the country. It hasn’t even fully swept Shanghai. If the CCP really believes in suppressing this virus, this could go on for many years. There could be profound economic consequences to this. Same as in the US, and the same consequences too: lob loss, business closures, inflation, education loss, and general demoralization. For Xi Jinping, this is a massive gamble. He does have to enjoy the support of the CCP. If these lockdowns really do tank national productivity and unleash monetary and financial chaos, there could be new questions about his leadership of the country. There will be a scapegoat. A friend and I were talking about the history of dictatorships and how they always seem more stable and strong than they really are. When the people reach a stage of too much suffering, they can become unstable and weak. We are nowhere close to that in China today, but we cannot rule it out if the CCP is truly interested in endless virus suppression forever. No country can operate this way. Germany and Price Control Another country to follow China’s lead in virus control was Germany, which had some of the most brutal lockdowns in the world. Of course, they achieved nothing. But now Germany has a huge inflation problem that the conflict with Russia is making worse. There is a growing natural gas shortage, and the price-control police have already started the investigations. The public is being hectored about limiting consumption. The whole country is being groomed for price control. If this could happen in Germany, it could happen here as well. The world economy is right now teetering on the brink of possible calamity. China’s political instability, along with rolling lockdowns adds to the worries. Meanwhile in the US, interest rates are rising (the yield curve on 10 and 20 year bonds inverted yesterday, an important recession signal) at the same time inflation is intensifying. Not good days, and there seems to be no end in sight. The only people truly happy right now, apart from the pharmaceutical moguls, seem to be the Bitcoiners. Regards, [Jeffrey Tucker] Jeffrey Tucker This “Metaverse Mistake” Could Cost You A Fortune Wired Magazine says it’s “arguably as big a shift as the telephone or the internet.” Which is why the biggest companies in the world are jumping in with both feet. Facebook. Apple. Microsoft. But I’m afraid most folks are making one simple mistake. And if you’re not careful, it could stop you from profiting off the biggest opportunity in the last generation. [Click here to learn how to sidestep this critical error (and what to do instead)]( [Three founders Publishing]( To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, feel free to [click here](. If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox by [whitelisting Gilder's Daily Prophecy](. Gilder's Daily Prophecy is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( For any further comments or concerns please email us at GildersDailyProphecy@threefounderspublishing.com. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2022 Three Founders Publishing, LLC., 808 Saint Paul Street, Baltimore MD 21202. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Three Founders Publishing, LLC. EMAIL REFERENCE ID: 401GDPED01[.](