[2banana]

China is fooked. For at least the next six months.

To all you American companies and CEOs that moved their entire “supply chain” there...

You dumb and greedy fooks. You deserve everything that is coming.

[MeneMeneTekelUpharsin]

Solution: Forbid by penalty of death the consumption of any animal that is a carrier of a communicable disease.

[DarthVader]

The Chinese have been hit with a bommerang of their own creation.

[cloudmountain]

Why should ANYONE be surprised?
Chinese filth gave the world the Bubonic plague.
I recall that the Asian flu, Hong Kong flu and now the coronavirus were born in the filth that is China.

The Chinese government, medical profession and others with a shred of brain all know this. I've said it before: CLEANLINESS COSTS and the Chinese simply prefer the cheap filth to the expensive cleanliness.

We will see MORE diseases from China from now until the end of time. The Chinese believe in two things:
1. Luck
2. Money

Cleanliness wasn't, isn't and never will be on that list. We know that and all the nagging at the Chinese AIN'T gonna change them.

We can embargo until the cows come home but those two things are DEEPLY EMBEDDED into their culture AS MUCH AS the 3. PROFOUND VALUE OF SONS and the 4. PROFOUND LACK OF VALUE OF DAUGHTERS.
Chinese families TOSSED DAUGHTERS down the well. With amniocentesis female babies simply weren't allowed to ever exist. Poor men found themselves called the "bare branches."

NOTHING is gonna change.

I would like to condemn them profoundly but the Chinese DO produce beautiful things. They SURE AREN'T all bad.

[USAF1985]

Haven’t seen anything on supply chain. How’s the food stocks in the cities? Rationing, hoarding, things like that. Last I heard, Wuhan ran out of food last week.

[goldstategop]

A major economic meltdown would be the end of Communist Party rule.

The Party’s legitimacy is entirely performance based and if it cannot keep the economy afloat, its reason to rule disappears.

Its not dissidents that represent a threat to the Party elite, its their lack of control over possible future outcomes.

And this has Beijing very nervous, indeed.

[catnipman]

if the chinese economy really does melt down, it will take the world’s economy down with it as well due to the $2.5 trillion of world exports of critical machine and auto parts,tools chemicals, medications, electronics, household goods, and a billion other manufactured goods the world it dependent upon ... it’s blowing my mind that the U.S. stock market remains completely sanguine about this possibility ...

[null and void]

Off hand, with half their population locked down, I'd say their economy has already melted down.

Bring Out Your Dead

Post to me or FReep mail to be on/off the Bring Out Your Dead ping list.

The purpose of the “Bring Out Your Dead” ping list (formerly the “Ebola” ping list) is very early warning of emerging pandemics, as such it has a high false positive rate.

So far the false positive rate is 100%.

At some point we may well have a high mortality pandemic, and likely as not the “Bring Out Your Dead” threads will miss the beginning entirely.

*sigh* Such is life, and death...

If a quarantine saves just one child's life, it's worth it.

[Kozak]

“Firstly, the Chinese economy is four times as big as it was in 2003, so its losses and the impact on the global economy are likely to be correspondingly larger. “

OK, this statement is BS. There is no way Chinas economy has grown 400% since 2003.

[Georgia Girl 2]

China is deep in the covfefe now. More countries are quarantining. Airlines won’t fly there. Its going to be a bad year for the ChiComs.

[PGR88]

This virus was produced in a state-run lab. It’s China’s Chernobyl

[Robert357]

I see something slightly different. I was in China about a year ago. Glad I was there then and not now.

First, you need to understand the Ponzi scheme that is the modern Chinese economic miracle. It revolves around the government owning land and leasing the land to people for 70 years at dirt cheap prices. It involves having developers build housing on the land and the government helping insure loans on the housing are subsidized. It also involves the government working with Taiwan and Hong Kong money to build factories to employ workers that use to be subsistence farmers.

The epidemic is going to shut down a lot of factories and a lot of workers are not going to get paychecks and companies are going to be hard pressed to meet expenses. That is really not good because it will also dampen Chinese demand for Chinese product in addition to not being able to export as much to other countries particularly the USA.

The part not discussed is that China no longer can feed itself. China relies upon food imports. The coronavirus will dramatically cut Chinese agricultural production which is low to begin with. Food prices prior to the Chinese New Year were already sky high.

When you look at the world and think of who is the biggest food producer, it is the USA. If you want a revolution, you allow people to starve. China is in a harsh place as it is economically, and the house of cards will get even harder to maintain, if people start going hungry.

I think that China is going to exchange all of its built up US trade surplus for food with the US in the very near future and that the US farm industry is going to do very well.