Coronavirus is speeding up the decoupling of global economies

Financial Times ^ | February 23,2020 | RANA FOROOHAR

[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.

[DoughtyOne]

JHU was pulling from the CDC, WHO, and a few other sources.

I'd imagine there's some data entry time involved here too, so one agency
may not be as quick as the others, or may be faster than the others.

Thanks for the link.

JHU now has a note up saying their site is down due to heavy traffic, they
are aware of it, and are working to get it up as soon as possible.

[JBW1949]

RUSH: Folks, this coronavirus thing, I want to try to put this in perspective for you. It looks like the coronavirus is being weaponized as yet another element to bring down Donald Trump. Now, I want to tell you the truth about the coronavirus. (interruption) You think I’m wrong about this? You think I’m missing it by saying that’s… (interruption) Yeah, I’m dead right on this. The coronavirus is the common cold, folks.

The Drive-By Media hype of this thing as a pandemic, as the Andromeda strain, as, “Oh, my God. If you get it, you’re dead,” do you know what the — I think the survival rate is 98%. Ninety-eight percent of people get the coronavirus survive. It’s a respiratory system virus. It probably is a ChiCom laboratory experiment that is in the process of being weaponized. All superpower nations weaponize bioweapons. They experiment with them.

[sauropod]

.

[ronnie raygun]

market downturn is a buying opportunity, companies will re evaluate and redirect to keep their business prospering

[redgolum]

Remember what Rush is.

Like the guy, but he is to be honest the last source I would trust in this.

[JBW1949]

Rush is very seldom wrong...