A new respiratory illness, not SARS, appears in China

[caskur]

The medical staff are running out of vital supplies. Our continent states and territories have decided to share their various aids when we all run out of supplies.



And China isn't parting with test kits.

They are threatening to cut off supplies of medicine that Canada and the US need.

More like they've run out themselves and just feigning threats.



Don't trust what governments pipe out. They're mongrel mutts.

Canada and the USA don't have reserves of medicines, but most East Asian countries do.

That's a big problem for North America.

I used to be an ultra free trader. It wasn't until I realized how dependent this continent is on a hostile nation for our health. This must change, but I don't believe it will.

It goes back YEARS. Tough pollution laws in the USA sent USA businesses to cheap Chinese labour in sweet shop factories where pollution wasn't even considered.



Now we have too many people, too much low quality products and a wealthier working class in China.



The USA and other places may have to reopen a few factories and start making their own medical supplies.



You know thongs (otherwise called flip flops where you're from) were an Australian innovation and the factory was in the suburb next to mine. The factory is still there but thongs (flip flops) are made in China.

Not exactly. After Mao's death, and Deng Xiao Ping's reforms, the US and it's NATO allies thought they could make China a partner like they did with Japan and German after World War 2. So, they shared technology with China, and encouraged supply chains to move production there. But, the more they gave the more the Chinese wanted. It was a good idea, but they went too far. No country should be dependent on another country, especially one who's system of government is the opposite of our own for their essential medical supplies.

It is crazy.

It is exceptionally arrogant of the West to think that because they turned Japan and Germany into vassal states they could do the same with China, Russia, and the Middle East.

..

and yet the United States & Britain freed your people & prevented a dictatorship from establishing itself like it did in North Korea, seoulbro.



Be grateful for all those allied soldiers who fought & died for South Korea.



Otherwise the typical Korean today might be a slave of the Japanese Empire.



The USA & West are the reason South Korea enjoys a high standard of living today, seoulbro.



They freed the Korean people & all the others in Asia from oppression.



China also owes its prosperity to the USA because they freed them from Japan & helped drive the European colonial empires out & re-establishing themselves there after WWII.

Prosperity is caused by workers ethics not other countries, otherwise the rest of your post is spot on.

[Anonymous]

The medical staff are running out of vital supplies. Our continent states and territories have decided to share their various aids when we all run out of supplies.



And China isn't parting with test kits.

They are threatening to cut off supplies of medicine that Canada and the US need.

More like they've run out themselves and just feigning threats.



Don't trust what governments pipe out. They're mongrel mutts.

Canada and the USA don't have reserves of medicines, but most East Asian countries do.

That's a big problem for North America.

I used to be an ultra free trader. It wasn't until I realized how dependent this continent is on a hostile nation for our health. This must change, but I don't believe it will.

It goes back YEARS. Tough pollution laws in the USA sent USA businesses to cheap Chinese labour in sweet shop factories where pollution wasn't even considered.



Now we have too many people, too much low quality products and a wealthier working class in China.



The USA and other places may have to reopen a few factories and start making their own medical supplies.



You know thongs (otherwise called flip flops where you're from) were an Australian innovation and the factory was in the suburb next to mine. The factory is still there but thongs (flip flops) are made in China.

Not exactly. After Mao's death, and Deng Xiao Ping's reforms, the US and it's NATO allies thought they could make China a partner like they did with Japan and German after World War 2. So, they shared technology with China, and encouraged supply chains to move production there. But, the more they gave the more the Chinese wanted. It was a good idea, but they went too far. No country should be dependent on another country, especially one who's system of government is the opposite of our own for their essential medical supplies.

It is crazy.

It is exceptionally arrogant of the West to think that because they turned Japan and Germany into vassal states they could do the same with China, Russia, and the Middle East.

..

and yet the United States & Britain freed your people & prevented a dictatorship from establishing itself like it did in North Korea, seoulbro.



Be grateful for all those allied soldiers who fought & died for South Korea.



Otherwise the typical Korean today might be a slave of the Japanese Empire.



The USA & West are the reason South Korea enjoys a high standard of living today, seoulbro.



They freed the Korean people & all the others in Asia from oppression.



China also owes its prosperity to the USA because they freed them from Japan & helped drive the European colonial empires out & re-establishing themselves there after WWII.

Nowhere in SB's post did he he mention South Korea, let alone say that Western help was not beneficial.

[Anonymous]

China is not Japan, Korea, or Germany. It was foolish of the US and Europe to expect the same results.

[Anonymous]

China is not Japan, Korea, or Germany. It was foolish of the US and Europe to expect the same results.

But they did get the results, seoulbro.



But not exactly how they wanted it to turn out.



A prosperous China - but a bit too powerful & independent than what the West wanted or wished for.



Remembet that old Chinese saying?



"Be careful what you wish for, you might just get it."



Mega profits for greedy Western corporations, none of their profits shared to mist of the people in the West except the coronavirus.

[Anonymous]

North American markets had a big day Friday, gaining back most of the previous day's losses. But, the wild ride on the markets will continue until the rest of the world gets to the stage that Asia is at now. And who knows how long that will take. I heard in the US it could be six to eight weeks.



Europe is now ground zero of this pandemic. Maybe it's due to bureaucracy, but they are not even close to a a coordinated effort to curtail new cases.



I have to look at stock prices everyday, you do not. Don't panic, we will get through this. I hope the looming recession is short.  But, that will depend on how when this pandemic peaks.

Whats a short recession, sb? 6 to 9 mos?



I suppose a longer one is 12-24 mos, eh?



Given that we just started this recession, we should officially be in one by September October eh?



So its not a good time for politicians seekibg re-election including Trump.



Somehow I think this recession will last at least 12 mos.



So it could be at least 2 yrs before the economy shows signs of recovery.



Somehow I dont think coronavirus is the ultimate cause of the slowdown.



It merely accelerated what businesses were hoping to avoid until early 2021.



I read all the past business reports & top bus leaders said we were headed for a slowdown in early 2021.



11 years for a bull market was too long.



It was being artifucially propped up.



If we then the Dow & other stock exchanges have nowhere to go in the next 12 mos except down.

[Anonymous]

I heard a reason why the markets were being propped up so long was that the Powers that Be were genuinely afraid that a Bernie Sanders or Elizabeth Warren got the Democratic nomination, either might win & stick it to the wealthy & corporations. I suppose that many are Trump supporters but if Biden wins, they can at least live with that cuz he's a moderate who won"t overtax them or soak the rich.



But I agree with many here - that it'd be a disaster for the American economy if Sanders got elected president because he'd overtax the businesses.

[Anonymous]

I don't know how anyone can predict the length of the imminent global recession..



Wouldn't it depend on when we get the coronavirus under control.

[Anonymous]

China is not Japan, Korea, or Germany. It was foolish of the US and Europe to expect the same results.

But they did get the results, seoulbro.



But not exactly how they wanted it to turn out.



A prosperous China - but a bit too powerful & independent than what the West wanted or wished for.



Remembet that old Chinese saying?



"Be careful what you wish for, you might just get it."



Mega profits for greedy Western corporations, none of their profits shared to mist of the people in the West except the coronavirus.

But, not a patsy you idiotic old virgin. Not reading what people write is shit trolling.

[Anonymous]

I heard a reason why the markets were being propped up so long was that the Powers that Be were genuinely afraid that a Bernie Sanders or Elizabeth Warren got the Democratic nomination, either might win & stick it to the wealthy & corporations. I suppose that many are Trump supporters but if Biden wins, they can at least live with that cuz he's a moderate who won"t overtax them or soak the rich.



But I agree with many here - that it'd be a disaster for the American economy if Sanders got elected president because he'd overtax the businesses.

This is going to come as a shock to a geriatric broke ass virgin like you, but the POTUS has little to no control over global capital markets. It's good thing you have never had any money to invest, because a fool like you would soon be parted from it.

[cc]

Is never invested JoJo talking about money things he read on the kind of internet sites he visits?? ....





 Again??





 

[Anonymous]

Given that we just started this recession, we should officially be in one by September October eh?



So its not a good time for politicians seekibg re-election including Trump.



Somehow I think this recession will last at least 12 mos.



So it could be at least 2 yrs before the economy shows signs of recovery.



Somehow I dont think coronavirus is the ultimate cause of the slowdown.

Somehow I think you were destined to die a poor virgin. You have just as little credibility with investing and economy as you do with getting laid. You are the worst attention whore troll on the webz. I hope you get the coronavirus because I know it will kill a geriatric old fairy like you quickly.

[Anonymous]

Is never invested JoJo talking about money things he read on the kind of internet sites he visits?? ....





 Again??





 

I predicted there would be a market correction, cc.



I was correct.



Had Shen Li followed my advice she wouldve sold at a whopping profit.



BTW, Did you get caught by the market downturn, cc?



I didnt.



But I will follow your very own advice which is to buy low.



We are in a bear market & will soon be in a recession, cc.



Another one of my predictions.



Watch for it to come true as events unfold, cc.



Given that the economy is coming to a standstill, watch fir tge market to fall even further, cc.

[cc]

You "predicted" the fucking obvious  .. a child would know there would be a correction following huge increases



that's a total DUH



and even when it came, it  was virus driven - Are you saying you predicted the virus?



A no experience mouth is all you are .. . you are 100% propelled by ego and hate, not knowledge or insight



JoJo, you know less about economics than a child



Please stop making a total fool of yourself by stating what is and has been obvious to all of us

[Anonymous]

I heard a reason why the markets were being propped up so long was that the Powers that Be were genuinely afraid that a Bernie Sanders or Elizabeth Warren got the Democratic nomination, either might win & stick it to the wealthy & corporations. I suppose that many are Trump supporters but if Biden wins, they can at least live with that cuz he's a moderate who won"t overtax them or soak the rich.



But I agree with many here - that it'd be a disaster for the American economy if Sanders got elected president because he'd overtax the businesses.

This is going to come as a shock to a geriatric broke ass virgin like you, but the POTUS has little to no control over global capital markets. It's good thing you have never had any money to invest, because a fool like you would soon be parted from it.

That is true. Markets will go up over time no matter who the president of the US is, the Chairman of the CCP is or who is hosting the Late Night show.

[Anonymous]

The US added 273,000 jobs in January and annualized growth was three per cent, something that never happened in eight years under Obama.