SimonTheBeetle:Now COVID-19, a pandemic disease all of a sudden spreading this fast all over the world?! A major crisis almost at the centennial point of Wall Street Crash & Great Depression in 1929?? Really? What a helluva coincidence!
Now we’re really getting into conspiracies...
There’s a few good ones doing the rounds concerning the Wuhan Pneumonia, some centuries old, some brand new.
My advice, hold on to stocks if you own them because a little birdy tells me there’s nowhere to go now but up from here, and it may happen sooner than people think.
The common flu kills roughly the same percentage of those infected. Once people begin to come to terms with this fact there may be a chance of purchasing toilet paper on a regular basis as needed.
The biggest fallout from this whole episode will be governments rethinking supply of manufactured goods and components, particularly pharmaceuticals and their precursor chemicals which are mostly based in China. The world can’t rely on one nation for their manufactured goods.
Tarrifs are here to stay, and corporations will need to rethink the strategy of putting all their eggs in one basket chasing the proverbial pot of gold at the end of the rainbow.
Governments will begin to pass national security legislation ensuring adequate manufacturing of certain goods essential to national security and the well being of citizens be manufactured in their own countries.
The sad part in all this is that it has taken a viral pandemic for people to wake up.
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