How bad economically will the Covid19 virus crisis get? Chris 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. That’s like throwing a car into reverse at 60 miles per hour on the highway. . . . Supply chain disruptions are going to be legendary. . . . This isn’t like one company having trouble like AIG where Hank Paulson has to ride to the rescue with $700 billion of fresh U.S. taxpayer money. We are talking about a system of tens of thousands of interlocking components that are frozen, and nobody quite knows how to unravel all of that. I think that is well beyond the capability of the Federal Reserve to throw more QE money into the market and goose stocks a little longer. This is the real deal. This isn’t a dress rehearsal. It is happening. People need to be able to make sense of this, and in the absence of being able to make sense of all of this, having some gold makes a lot of sense. I think that’s why we are seeing it pop here.” More from Greg Hunter at USAWatchdog.
ARVE Error: need id and provider
Why the sudden flareup in the number of cases of coronavirus in Italy? Styxhexenhammer666 says the virus most likely had already spread to Italy a while back, but no one was doing any testing or took it seriously. The end result: It festered undetected and spread before the alarms went off. Now, it spreading all over — not just Italy. South Korea has more than 900 cases. Turkey has closed its border with Iran. There is no vaccine at this time, so the best preparation is to be prepared and stock up on canned goods, so if your town or village or teeming city becomes the next one hit and quarantined, you are prepared to hunker down and survive at your home.
A World Health Organization consultant believes the coronavirus could kill as many as 80 million people worldwide. Here, the expert describes coronavirus as “disease x.” One thing is certain: As the pandemic spreads, globalization is collapsing. Look for more countries to improve their own supply routes, so they are less dependent on goods coming from nations like China. Also, nations will institute more secure borders. More from Tim Pool.
Yes, the coronavirus is causing a worldwide reawakening in nationalism and re-examination in globalism. This is especially true in nations that have already been hit hard by the virus, such as Italy. There, Matteo Salvini, leader of the Lega Nord Party, is slamming the Liberal government for its lax immigration rules that have made Italy the center of the coronavirus outbreak in Europe. More from Dr. Steve Turley.
(EDITOR’S NOTE: Here’s a different alternative. We present it, not because we necessarily believe it’s what is happening. But until it’s proven wrong, it’s a hypothesis to consider. )
Is this truly Viral or is to do with the fact that F.I.V.E.-G? C.H.I.N.A has unleashed 60 Ghz all throughout the country with WU-HAN as the PILOT CITY. Unbelievable comparisons to symptoms ‘showing’ as a V-Irus compared vs what happens when one is hit with 60GHz waves, and it’s impact on the uptake of oxygen via the hemoglobin. This specific frequency is absorbed by oxygen. 60GHz causes the rotation of the electrons around the oxygen molecule to spin, thus inhibiting the ability of hemoglobin to properly uptake these oxygen molecules. What would be the ultimate ‘solution’ to such a problem as this “V.I.Rus”?More from Dana Ashlie.