KiwiBro
Mill 'em, nails be damned.
yeah, but, but it's no worse than the flu. Yeah, bc China quarantines nearly 800m people each flu season. Overnight Italy registered a death and has locked down 10 towns. Watch the South Korean numbers as they will be slightly more reliable than China's. Even in the US people who know are gearing up for a big hit.
And it's not even just the disease that kills. There's the resulting dysfunction from a breakdown in supply lines, more poverty as people can't work, overwhelmed hospital/medical resources, etc. Alternative figures for the current hit in China show a massive drop in domestic demand/activity. Coupled with that are some scary increases in food prices as the supply chains break down. I can't put my mouse on it but like I was saying a few posts back about how their debt fuelled expansionary policies were already starting to spin wheels before covid-19, they recently pumped a record creation of credit - about $700b or so in one month, and it did SFA to the local M2. They are screwed so far beyond what they are telling the world it's not even funny any more. Sadly, people won't appreciate how bad it is until it washes ashore near them. They'll rock up to the pharmacy for their prescription only to be hit with massive increases (if they can get the drugs at all) because China aint supplying enough anymore. Already happening in India.
