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Global Recession Here We Come

Winston

Do you feel lucky, Punk
What, if anything, are the Chinese doing to ensure the goods they export are not contaminated?
79,000 people died in the USA in 2018 from the flu. How is 1900 dead out of 1.4 billion in china an epidemic to even care about
 
Really??? And you are panicking?


So it's a finance degree not a spelling degree. But we are curious as to how being a Burger King register help equals a degree in finance. I am sure you advised your clients to buy stocks that pays also dividends so that in the event of a downturn the company, you still can earn from the dividends.

But at least you now see the needs for corporate profits so the corporations have finances to weather through any storm.

Here is your answer: Pangolin!
Na, Sell your stonks now, and buy back after the Trump crash.
 

EatTheRich

President
79,000 people died in the USA in 2018 from the flu. How is 1900 dead out of 1.4 billion in china an epidemic to even care about
The mortality rate for those infected is quite a bit higher than for the flu (3% vs. 0.1% for flu)

It’s not nearly as prevalent or as flu but it is about as contagious. A big reason there hasn’t been more deaths is that they are containing it through the quarantine.
 

Fast Eddy

Mayor
China is in full meltdown and not just because of the virus issue. Trump's tariffs are hurting them badly and causing companies to exit China. The whole supply chain is undergoing deep changes that could give America as much as 2 million new jobs. The lack of money flowing to China has given them an acute shortage of funds to buy things. Anyone who owns chines stock has to be stupid and get what they deserve. China does not report quarterly and does not allow standard accounting rules. If you buy there stock its guaranteed to be overvalued. Why our stock exchange allows this is crazy, you are warned. If Trump wants to Crush China all he has to do is cut off the bank flow of money and they will disintegrate within months. As bad as China has cheated us I hope Trump cuts them off at the knees.
 

Winston

Do you feel lucky, Punk
The mortality rate for those infected is quite a bit higher than for the flu (3% vs. 0.1% for flu)

It’s not nearly as prevalent or as flu but it is about as contagious. A big reason there hasn’t been more deaths is that they are containing it through the quarantine.
The mortality rate for the coronavirus in the USA is zero percent, in China the mortality rate is 2000 / 1,400,000,000 = 0.00000142857%

In the USA in 2018 the mortality rate for the flu was 79,000 / 350,000,000 = 0.00022571428

That said the flu is far more dangerous as America has the Worlds best healthcare and China is treating people with rhino horn powder and tiger penis soup

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