Oh-Oh...this isn’t good.
“Oh-Oh...this isn’t good.”
It’s zerohedge. Sometimes they have good data. Sometimes it is garbage. They consistently predict 50 out of every 10 catastrophes and are the ultimate source of doom and gloom economics.
So I would check the official statistics before believing their take. In that way, Zerohedge is very useful. Sometimes they point you to really good information that noone else is talking about.
That said, the numbers they cite really aren’t at all surprising, given the other information about the extent of the Chinese quarantine.