Well, what country has the vast majority of Coronavirus sick people? What country is most affected by that problem?
Its China. China, you are currently the sickest country in the world.
READ FOR YOURSELF IF YOU FIND THE OP-ED TO BE RACIST AGAINST CHINESE:
https://www.wsj.com/articles/china-is-the-real-sick-man-of-asia-11580773677
TITLE: China Is the Real Sick Man of Asia
Its financial markets may be even more dangerous than its wildlife markets.
by Walter Russell Mead
(EXCERPT)
Epidemics also lead us to think about geopolitical and economic hypotheticals. We have seen financial markets shudder and commodity prices fall in the face of what hopefully will be a short-lived disturbance in Chinas economic growth. What would happen ifperhaps in response to an epidemic, but more likely following a massive financial collapseChinas economy were to suffer a long period of even slower growth? What would be the impact of such developments on Chinas political stability, on its attitude toward the rest of the world, and to the global balance of power?
Chinas financial markets are probably more dangerous in the long run than Chinas wildlife markets. Given the accumulated costs of decades of state-driven lending, massive malfeasance by local officials in cahoots with local banks, a towering property bubble, and vast industrial overcapacity, China is as ripe as a country can be for a massive economic correction. Even a small initial shock could lead to a massive bonfire of the vanities as all the false values, inflated expectations and misallocated assets implode. If that comes, it is far from clear that Chinas regulators and decision makers have the technical skills or the political authority to minimize the damageespecially since that would involve enormous losses to the wealth of the politically connected.
We cannot know when or even if a catastrophe of this scale will take place, but students of geopolitics and international affairsnot to mention business leaders and investorsneed to bear in mind that Chinas power, impressive as it is, remains brittle. A deadlier virus or a financial-market contagion could transform Chinas economic and political outlook at any time.
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