DJIA over 400 this morning and now all gains erased. Sell off happened after the FDA says we COULD see a PANDEMIC. The WORD PANDEMIC hit the wires and traders with their algorithms reacted and that contributed to the sell off just within the last few minutes.
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Remember that movie, World War Z, the tenth man and the wall they built after the Zombie virus from patient zero started a pandemic?
https://en.wikipedia.org/wiki/World_War_Z
Excerpts
Although the exact origin and cause of the plague is unknown, a young boy from a village called Dachang in Chongqing, China is identified as the outbreak’s official patient zero..
China initiates a military crisis with Taiwan to distract from their attempts to contain the initial outbreaks. However, the plague continues to spread to neighboring nations by human trafficking, refugees and the black market organ trade. Initially these nations are able to cover up their smaller outbreaks, until a much larger outbreak in South Africa brings the plague to public attention...
As the infection spreads, Israel abandons the Palestinian territories and initiates a nationwide reverse cordon sanitaire, closing its borders to everyone except uninfected Jews and Palestinians, leading to a civil war. The United States does little to prepare because of its overconfidence in its ability to suppress any threat, and the desire to not cause a panic during an election year. Although special forces teams contain initial small-scale domestic outbreaks, a widespread effort never starts: the US is deprived of political will by “brushfire wars”, and a widely distributed and marketed placebo vaccine, Phalanx, creates a false sense of security.
Excerpt
In World War Z, one of the characters described something called “the tenth man rule.”
After several disasters that NO ONE thought could happen, the Council decided that if a vote was unanimous against a possible outcome, one member would act as if it was ABSOLUTELY going to happen, and trying to prevent it. This way, if they have a crisis, one man is prepared for it, and assumes directorship of the council for the duration of the crisis.
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Q said we are watching a Movie.
egads.
After I read the book, I went to the theater years ago to see the movie - it was incredibly fast-moving and frightening...right up my alley.
Now I am going to re-read it, just to freak myself out again.
I was hoping it wasn't THAT movie