"China would not lock down 90% of their economy just to save a couple of lives"

[Text Drivers are Killers]

This expert paints a horrible pic of what covid19 will do to the world.

https://usawatchdog.com/covid19-real...ris-martenson/

feb 23 2020 Chris Martenson is futurist, economic researcher and holds a PhD in toxicology from Duke University. So, Martenson has a unique perspective about the coronavirus and what its effects will be to the global economy. Don’t believe the mainstream media. Things are not getting better, and Martenson contends, “It’s getting worse. It is a tale of two stories inside China and outside China. Inside China, we have been suspicious of their reporting, and they have been underreporting the cases at least by a factor of 10 and maybe more. This is both for infections and deaths. . . . The Chinese government would not lock down 90% of their economy just to save a couple of lives. They don’t roll that way. So, there is something there that is very worrisome to them. . . . Outside of China, we trust the numbers a lot more. . . . So, when we are looking outside of China, we are seeing the cases of the coronavirus are now increasing exponentially. It’s got a very short doubling time and a very high rate of infectivity. It’s not the flu. It’s not SARS. The mainstream media is trying to tell people there is nothing to worry about, and we don’t take that view at all. . . . Covid19, as they call it now, is a real beast.”

What should you do? Martenson explains, “This is a very dangerous pandemic kind of a virus. We have never seen anything like it before since the Spanish flu. This thing is almost certainly going to romp around the world. . . . For people who are listening, you have to be prepared for the idea . . . if they say we are going into an imposed quarantine in a city. How do I prepare for that? You need to ask yourself what would I need if I was stuck inside my home for 30 or 60 days? That is probably a reasonable amount of time to plan for.”


How bad economically will the Covid19 virus crisis get? Martenson points out, “One in eight companies are so-called zombie companies.” Meaning, they have to keep borrowing cheap money to stay in business. Martenson says governments are hooked on huge deficits and cheap money too, and now the China virus chaos hits an already over-leveraged economy, and more massive money printing is needed to keep debt from defaulting. Martenson says, “This is taking the world’s most important manufacturing center and shutting it down all at once. "

[Text Drivers are Killers]

Stock futures are once again down a lot here sunday evening. Gold up big again.

[Stretch]

Coronavirus shows up...HK demonstrations go down...coincidence? I think not.