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Global Recession Here We Come

Winston

Do you feel lucky, Punk
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.
2000 people dead in China sounds bad until you understand that 79000 people died from the flu in 2018 in the USA
 

Dawg

President
Supporting Member
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.
Bullschiff

 

EatTheRich

President
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.
There is no way the Chinese economy could tank without taking down the economy of every other country.
 

EatTheRich

President
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

Next
Not every American got the flu and not every Chinese person got coronavirus. Of the roughly 80 million Americans who got the flu, 79,000 died. Of the roughly 50,000 Chinese people who got coronavirus, 2,000 died.
 

Winston

Do you feel lucky, Punk
Of course, both are factors.
The biggest factor is the fake news that is reporting 2000 dead in China as the end of the World when they never once mentioned the 79000 who died of the flu in the USA in 2018...…………………………
 

Winston

Do you feel lucky, Punk
Not every American got the flu and not every Chinese person got coronavirus. Of the roughly 80 million Americans who got the flu, 79,000 died. Of the roughly 50,000 Chinese people who got coronavirus, 2,000 died.
Regardless of the percentages 79000 people died of the flu in the USA in 2018. A family member of a dead person does not care what their relative died of just that they are dead. Thus the epidemic in the USA in 17 and 18 was massively more lethal that this fake epidemic in China is today
 

now_what

Governor
Supporting Member
The biggest factor is the fake news that is reporting 2000 dead in China as the end of the World when they never once mentioned the 79000 who died of the flu in the USA in 2018...…………………………
True. But we are only seeing the beginning of this virus. It’s spreading quickly and the numbers will increase exponentially. Also, if a person does get it, their chance of dying for it is higher than then flu.
 

Winston

Do you feel lucky, Punk
True. But we are only seeing the beginning of this virus. It’s spreading quickly and the numbers will increase exponentially. Also, if a person does get it, their chance of dying for it is higher than then flu.
The odds of death from every disease are exponentially higher in China than the USA as China is medicating people with dried seahorses.

Deaths from coronovirus in the USA are still zero, and 79000 died from the flu epidemic in 2018 and no one mentioned this
 
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