So maybe Trump’s response to Coronavirus didn’t destroy the American economy as Democrats are hoping

Since the moment coronavirus entered the media’s vocabulary, the media and the Democrat party have been working diligently to assure the American people that it’s the second coming of the Black Death and that it’s all Trump’s fault. Disgustingly, many of them have been insisting that it will destroy the American economy (which, after all, is one of Trump’s biggest selling points) and certain people who shall be named – Paul Krugman, I’m talking to you – seemed to celebrate the stock market’s big drop last week. The stock market, though, seems to be recovering already, posting huge gains on Monday.

Don Surber, one of the most astute bloggers around, was unsurprised by the market’s gyrations because he had predicted this event long ago:

NPR reported, "Stocks took another steep dive Friday, deepening a multi-day rout fueled by fears about the coronavirus' impact on the global economy.

"The Dow Jones Industrial Average fell 357 points on Friday, capping a week in which the blue chip index fell 3,583 points or 12.4%. The Dow is down 16.3% from its recent peak on Feb. 12."

This is the correction I predicted for 2020 in highlights on December 31.

(See Item 19: "I am tepid on the stock market. The Total Market Value of American companies is now 144% of the GDP. I see a midyear correction of 10% to 15%. The press will cheer, again to their great disappointment as the stocks will rebound. But history shows big growth following a year like this year's huge growth.

There is no doubt it will affect the economy. Rise yesterday partly about intervention. You can see that Sunday night.

Not sure it will wreck the economy..but it will affect it.

Truck drivers will tell you that ships are not at the port like normal.

The story is still unfolding.

Earnings will be affected.

You know they'll keep trying and hoping...

Bring Out Your Dead

Post to me or FReep mail to be on/off the Bring Out Your Dead ping list.

The purpose of the “Bring Out Your Dead” ping list (formerly the “Ebola” ping list) is very early warning of emerging pandemics, as such it has a high false positive rate.

So far the false positive rate is 100%.

At some point we may well have a high mortality pandemic, and likely as not the “Bring Out Your Dead” threads will miss the beginning entirely.

*sigh* Such is life, and death...

If a quarantine saves just one child's life, it's worth it.

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