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Coronavirus is speeding up the decoupling of global economies
Financial Times ^ | February 23,2020 | RANA FOROOHAR

Posted on 02/24/2020 9:35:26 AM PST by Hojczyk

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Coronavirus has put a spotlight on the economic decoupling of China and some developed countries. With factories shuttered and consumption stalled, multinational companies have been forced to shift production elsewhere. Apple has warned investors that its revenues will take a hit as a result of the outbreak. 

A gradual decoupling of global economies has been under way for a few years. The South Korean electronics group Samsung, for example, has been closing Chinese plants and opening others in Vietnam. Mexico has benefited from some US corporations moving their supply chains closer to home. But decoupling will undoubtedly speed up as Beijing’s opacity in handling the coronavirus epidemic highlights the risks of doing business in China.

There are marked similarities between the virus and decoupling itself. There is what you see on the surface (masks and panic or supply chain shifts and profit warnings) and then there is what you can’t know: how many victims the outbreak will claim or what the world will look like economically and politically in five to 10 years, as globalisation dissolves and divides deepen.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy
KEYWORDS: coronavirus; covid19ecomony; covid19globaleconomy; covid19stockmarket; limbaughexpert; rushadvice; rushtheexpert
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To: Hojczyk

I just saw on the news that Chinese people in the USA are being sent to Quarantine Centers, or as they used call them Concentration Camps.

21 posted on 02/24/2020 10:18:18 AM PST by seawolf101 (Member LES DEPLORABLES)
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To: Clutch Martin

I believe about 8,000 people die from ordinary strains of the flu every year in the U.S. alone.


22 posted on 02/24/2020 10:20:01 AM PST by Alberta's Child ("Oh, but it's hard to live by the rules; I never could and still never do.")
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To: Erik Latranyi

Yes. Rush is wrong.

People getting reinfected are dying from heart failure.

China’s had about 50,000 die and are lying. Rush should know not to trust the ChiComs.


23 posted on 02/24/2020 10:22:45 AM PST by TigerClaws
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To: Erik Latranyi

Yes. Rush is wrong.

People getting reinfected are dying from heart failure.

China’s had about 50,000 die and are lying. Rush should know not to trust the ChiComs.


24 posted on 02/24/2020 10:23:13 AM PST by TigerClaws
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To: ClearCase_guy

I believe they figured that one out. In Chinese culture there is a tradition where the family of a deceased person gives out envelopes with coins or paper currency to the funeral guests. The fake $1 bills were intended to be used for this instead of real money.


25 posted on 02/24/2020 10:28:35 AM PST by Alberta's Child ("Oh, but it's hard to live by the rules; I never could and still never do.")
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To: ClearCase_guy

https://www.usatoday.com/story/money/2020/01/28/900000-counterfeit-seized-customs-all-one-dollar-bills/4598937002/

From China


26 posted on 02/24/2020 10:33:35 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: Hojczyk

Could the Coronavirus drag the economy down and hurt Trump in November?

Think about it.....Chinese interference in our election


27 posted on 02/24/2020 10:38:57 AM PST by Erik Latranyi (The Democratic Party is communism)
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

p


28 posted on 02/24/2020 10:43:38 AM PST by bitt (A government afraid of it's citizens - should be afraid.)
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To: JBW1949

“It is still dangerous”

... if you live in a developing country that lacks basic public sanitation and a decent healthcare delivery system.


29 posted on 02/24/2020 10:49:01 AM PST by Tallguy (Facts be d@mned! The narrative must be protected at all costs!))
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To: Hojczyk

That’s a good thing.

There are reports in addition to putting export restrictions on medical supplies, China also nationalized a U.S. owned protected mask factory in past month.

That should be a warning to every foreign business with assets in China. It’s only yours until they take it.


30 posted on 02/24/2020 10:51:48 AM PST by DannyTN
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To: Erik Latranyi

You are 100% correct. My bet is well over a half million are dead and many millions more infected. China brought in 40 new, large incinerators just to handle body disposal, in that province alone.


31 posted on 02/24/2020 10:53:24 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Hojczyk

Companies should have started weening themselves off of so much dependence on China 3 years ago. Trump told them tarifs were coming. They are fools if they did not heed the multiple warnings. He gave them over a year to make other arrangements before he started imposing tariffs.


32 posted on 02/24/2020 10:57:22 AM PST by FLT-bird
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To: FLT-bird

Most of them simply moved the assembly part to other Asian nations. Most of the constituent parts are still made in China.


33 posted on 02/24/2020 10:58:53 AM PST by Black Agnes
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Johns Hopkins University has seemingly chosen to block public access to
their Coronavirus statistic web site.

Trying to obtain the latest update this morning, I was prompted to
sign in.

I guess the public doesn’t need to know.


34 posted on 02/24/2020 11:44:34 AM PST by DoughtyOne (The DNC has a taxidermist on speed dial for Nancy, Hillary, and Ruth.)
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To: Hojczyk

35 posted on 02/24/2020 11:48:40 AM PST by Albion Wilde (Party that freed sIaves, passed Civil Rights is called racist by the party that started the KKK.)
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To: CIB-173RDABN

Doesn’t take product to be infected. Humans load them and unload them and humans operate the ships that carry them. I’m sure there has to be some human contact between loaders, crew and unloaders. The biggest thing though is that they really haven’t shut down travel. Canada just got someone from Iran today.


36 posted on 02/24/2020 11:53:19 AM PST by Pollard (If you don't understand what I typed, you haven't read the classics.)
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To: Hojczyk

Here it ism folks...From Rush...Use your own judgement...

https://www.rushlimbaugh.com/daily/2020/02/24/overhyped-coronavirus-weaponized-against-trump/


37 posted on 02/24/2020 11:54:33 AM PST by JBW1949 (I'm really PC.....Patriotically Correct)
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To: mikey_hates_everything

He’s probably only taking stats from SK/Italy and not the commies or moslems. In other words, first world countries with first rate medical systems.


38 posted on 02/24/2020 11:55:48 AM PST by Pollard (If you don't understand what I typed, you haven't read the classics.)
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To: TigerClaws; All

Are some getting reinfected or is the virus crashing thru their immune systems setting up for the final blow after a latent quiescent period? (much like how some virii like rabies might act. A person might have a quiescent period almost like they are improving and then...boom the final crash and death).

Did they ever get rid of the virus at all?(then get truly reinfected). Does the virus use body r4esources to mutate inside to even deadlier forms thus finally killing the host?


39 posted on 02/24/2020 11:57:30 AM PST by mdmathis6
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To: DoughtyOne

The WHO has one but the numbers are slightly lower for some reason. JH was 79,524 first thing this morning before the login thing started. WHO is at 79,407 right now

https://who.maps.arcgis.com/apps/opsdashboard/index.html#/c88e37cfc43b4ed3baf977d77e4a0667


40 posted on 02/24/2020 11:59:23 AM PST by Pollard (If you don't understand what I typed, you haven't read the classics.)
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