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November 23, 2025
Bankademic

What might the next pandemic be?

The next one might be like the last one: it could originate in the banking sector. Earlier this month, I detailed how the COVID 19 pandemic coincided with a gathering collapse in the banking sector.

ECB’s Christine Lagarde soils self

On Tuesday last week (two days before the baroness’s inquiry report was published), the ECB issued a warning that Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems. This is very unusual: banks, especially central ones, usually go out of their way to reassure us that the system is sound, there’s nothing to worry about and we can safely disperse: nothing to see here.

Now they appear to have soiled themselves for some reason (liquidity drying up + a shortage of high quality collateral since the selfish Russians won’t let us have their natural resources). This is probably where that “next pandemic” is brewing up and why it may be necessary to go hard and fast with lockdowns 2.0
We’ve been in a health emergency for 10 weeks now!

The looming banking virus may also be the reason why back in September, European Commission President, the crooked and dishonourable Ursula von der Leyen thought it appropriate to announce in her State of the Union speech before the EU parliament that “We are on the brink, if not even at the start of another global health crisis.” If that was true (of course it was, Ms. von der Leyen wouldn’t lie to us about such serious things!), we’ve been in a new global health crisis for over 10 weeks now. It would be interesting to learn why they’ve done exactly nothing about this global health crisis yet.

It may be that the contagion from the ECB, BOE, BOJ and the Fed could begin to spread rapidly, necessitating urgent and “stringent” measures. The consequences could be similar as in the early 2020, including major dislocations in global financial and commodities markets. Studying the price charts of gold, silver, copper, crude oil, currency pairs, treasury bonds, and equity markets could provide valid guidance for the next “pandemic.”

However, the more radical measures this time could include even the closure of markets and banks that could last days, weeks or months (as in the UK after the breakout of World War I). The troubling part is that this will probably have to be a complete ambush: they won’t be able to preannounce their measures in advance, implying that we have to prepare before the proverbial excrement hits the fan, with adequate amounts of cash on hand, non-perishable foods and fuel for heating and transport. It is entirely possible that the Internet might go down to prevent the spread of misinformation and disinformation too. I suspect that Ukraine’s capitulation and an armistice favorable to Russia could exacerbate the public health crisis Ms. von der Leyen already foreshadowed. https://alexkrainer.substack.com/p/are-new-and-improved-lockdowns-coming

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