We know that China is withholding supplies needed to fight the virus by the rest of the world purportedly because they are needed internally. Others have said that this is a lie that China is withholding supplies as retribution for the world's treatment of Huawei (implying that if a country gives in to Huawei, such supplies with be shipped ASAP).
Furthermore, oilman Harold Hamm said yesterday that he believes Russia and Saudi are conspiring (by holding down oil prices via oversupply) to kill the U.S. fracking industry. That, by itself, is an act of war.
Good observations all. Its a nasty world out there which is why we need to make critical products at home and not be subject to the whims and pressures of other countries.
Relying on China and India for 80% of our meds is sheer insanity.
With respect to the oil issue, that certainly exacerbated the selloff. A bit of a perfect storm for the stock market.
If so then seize all Chinese-owned properties in the US under the enemy act (just like we did with German properties)