If the Chinese govt "goes public" on something, you can be assured it is a diversionary tactic.
Does anyone remember that China's official GDP growth rate in 4Q2019 was the lowest in 29 years? What does the Communist govt fear more - a flu strain or loss of capital flows owing to foreign concern around the fundamentals of China's economy? Wither China?
Ah, but if the economy hits the shoals because of an alleged PANDEMIC, well...that's good - the GDP fall wasn't due to fundamentals. Keep investing.
Far fetched? Of course it is - it's not like anyone ever said you need to take advantage of a crisis (especially a manufactured one).
I bet a $50 pledge to the site that, in 60 days, this will be ancient history. Because we ALWAYS overreact to this kind of stuff.
Centers for Disease Control and Prevention Director Robert Redfield said Monday that the Ebola outbreak in conflict-ridden Congo has become so serious that international public health experts need to consider the possibility that it cannot be brought under control and instead will become entrenched.
And how is Ebola there.
Is the outbreak over now?
I might take that bet and would lose happily if it is the case. In fact you have a bet!!!!!!!!!!!
I don’t think any of those things are out of the question to consider. I like thinking of the angles.
Thanks.