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The coronavirus could cripple China's economy for longer than Wall Street wants to believe
Business Insider ^ | 16 Feb 2020 | Linette Lopez

Posted on 02/16/2020 6:53:01 PM PST by BeauBo

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To: mrsmith

“If all goes as expected they’ll be back in production Mar 1.”

Fine. That’s not the way to bet.


41 posted on 02/16/2020 8:16:06 PM PST by Jim Noble (There is nothing racist in stating plainly what most people already know)
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To: mrsmith

If the China stock market is up, it’s only because the government is propping it up.

With over 70 million people quarantined, it’s going to get much worse before it gets better.


42 posted on 02/16/2020 8:16:59 PM PST by WASCWatch
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To: mrsmith

If the China stock market is up, it’s only because the government is propping it up.

With over 70 million people quarantined, it’s going to get much worse before it gets better.


43 posted on 02/16/2020 8:16:59 PM PST by WASCWatch
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To: BushCountry
"Hot weather will kill off the virus in a month or so. Africa has been spared because of its hotter climate. "

Ok. Explain the Spanish Flu:


44 posted on 02/16/2020 8:17:30 PM PST by proust (Justice delayed is injustice.)
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To: marktwain
You are missing something major. The desire for power and authority over others.

This is a correct observation. For a government seeking extreme control of its population, then the CV crisis is very useful. China Using Drones in Increasingly Dystopian Ways to Combat Coronavirus Outbreak

45 posted on 02/16/2020 8:18:00 PM PST by daniel1212 ( Trust the risen Lord Jesus to save you as a damned and destitute sinner + be baptized + follow Him)
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To: BeauBo

What’s bad for China’s economy is good for ours in the long run.


46 posted on 02/16/2020 8:19:11 PM PST by bigbob (Trust Trump. Trust the Plan.)
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To: BeauBo

I have wondered if this virus is giving us leverage over China regarding trade negotiations.


47 posted on 02/16/2020 8:26:44 PM PST by cornfedcowboy
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To: BeauBo

This could be very damaging. If major customers are able to set up shop elsewhere, they will leave China permanently.


48 posted on 02/16/2020 8:32:36 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cultsther)
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To: Jim Noble

Well, they’ll have had 2 months to beat the virus.
For the next two weeks they’re instituting drastic measures.

It’s possible for them to succeed.


49 posted on 02/16/2020 8:42:29 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: WASCWatch

I’m amazed the CCP has the wealth to prop up the market as much as it has.
Worse times are coming for them- in even the best case.


50 posted on 02/16/2020 8:44:16 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: proust

That would be around 2 billion deaths with today’s population, I think. Ah, nothing to worry about!


51 posted on 02/16/2020 9:06:19 PM PST by Karl Spooner
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To: BeauBo

I have to admit i’m running a little short on tears for the Chinese.

Over the last five years I have steadily watched as one of my accounts slowly faded away to China, on Friday they informed us they are moving back to sourcing in America.

I picked up an order for 325 chairs and 200 stools that’s valued over 50,000.00, yep i’m a little short on tears at this time.


52 posted on 02/16/2020 9:11:38 PM PST by heshtesh
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To: huckfillary
The PRC is so effing stupid. When are they going to simply embrace free-market capitalism? What does anyone get out of tyranny? What’s the payoff? I must be missing something.

Rephrase: "The Democrat Party is so effing stupid. When are they going to simply embrace free-market capitalism? What does anyone get out of tyranny? What’s the payoff? I must be missing something."

One of the great wonders of our time. The apparatchiks get rich without working via corruption and being at the top of the party apparatus. The proles get thoroughly screwed with tyranny and despotism. Every mid-level Dem thinks he is going to be in the party inner circle and get rich. But, like pro athletes, very few get into the inner circle.

53 posted on 02/16/2020 9:35:45 PM PST by ProtectOurFreedom
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To: allendale
... as Asians stop transferring funds to the US by purchasing property

Why would they stop doing that? They are looking for safe havens for their money outside of Communist China. U.S. real property is still attractive to them for that purpose, maybe even more so with this epidemic and much stronger authoritative communist crackdown.

54 posted on 02/16/2020 9:38:57 PM PST by ProtectOurFreedom
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To: proust

That Spanish Flu map is amazing considering how little global travel there was in those years (and how slow it was).


55 posted on 02/16/2020 9:40:11 PM PST by ProtectOurFreedom
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To: Karl Spooner
That would be around 2 billion deaths with today’s population.

World population was about 2 billion in 1920. It's close to 8 billion today. That's 4X growth.

50 million X 4 = 200 million. You are off by an order of magnitude.

Still, 200 million is nothing to sneeze at.

56 posted on 02/16/2020 9:43:22 PM PST by ProtectOurFreedom
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To: huckfillary

“What does anyone get out of tyranny? What’s the payoff? I must be missing something.”

you are ... it’s really quite simple: the current system of dictatorship is the only thing keeping the current set up elitists in power, whereas they’d be kicked out in a microsecond if there was democracy ... oh, now i see your mistake: you believe that the ruling dictators in china care more for the people than they do for themselves ...


57 posted on 02/16/2020 9:56:12 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: PghBaldy

“I have trouble believing the whole world won’t be in a recession or worse, very soon.”

that’s exactly what would happen if the chinese supply chain of $2.5 trillion in worldwide exports collapses ... the “or worse” option, actually ...


58 posted on 02/16/2020 9:58:50 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: BushCountry

I guess you haven’t figured out how fast RNA viruses mutate, right?


59 posted on 02/16/2020 10:27:07 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: BeauBo

At the risk of sounding morbid, this looks like the moment where a lot of our debt to China becomes negotiable.


60 posted on 02/17/2020 2:10:55 AM PST by jmclemore (Go Trump)
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