It is so ironic. The denial of what is happening is on your panic pusher side. You all think you can flip a switch and start a roaring economy again immediately. It doesn’t work that way. We have pursued a cure far worse than the disease. Deny the reality all you want, but it is sure going to be a hard lesson for most of you. The elderly we are so eager to save will suffer ten fold during the coming economic crisis.
This thing would take down the economy whether we tried to stop it or not.
I saw that it was getting out of control in Japan and S.Korea three weeks from last Friday. On Monday the market caught up to me and the started falling.
The market fall would have happened whether the MSM said anything or not.
As soon as people started looking at why the market fell, they would have started doing the social distancing. Maybe not as severe as we are now that government officials are behind it. But once people started getting sick around them the social distancing would have occurred and occurred hard.
Talking about it and getting an action plan in place to slow the spread is going to end up reducing the fear. It’s going to allow the market to rebound faster. There will be more trust in what the government tells us than if they had just remained quiet and not addressed it.
Ultimately the course we are on is the best course for the market and the economy.