taiwanboy

China didn’t let taiwanese citizens leave Wuhan then. What’s the excuse there?

You have to take a macro view however.

China was in recession/depression before shutting down their entire economy for almost 2 months and have barely recovered. They suffered a supply shock. And now because the entire worlds demand has declined, China is now suffering from demand shock. And foreign manufacturers are now FLEEING which adds to massive loss of permanent jobs. That’s on top of a debt overload and they don’t control the worlds main currency

Japan and Germany were close to recession before the virus hit. Plus they are mainly exporters. Plus automobile is their big export...which now the demand has collapsed around the world.

US comparatively is safer.

Nope that’s not it. Do you see China running out of masks right now? No of course not. They have so much they are “donating” to other countries. They have the world’s capability to make masks.

Since we are starting off with a partisan attack.

The reason we don’t have enough face masks is because we have moved all our medical supply chain to China. The reason we were able to do that is because during the Clinton administration we allowed US businesses to destroy US manufacturing capability by granting permanent normal trade relation with China.

I like how the liberal/Democrats always ignore China/offshoring during their discussion of economic crisis. (Probably because they benefited from the slave labors in China more)

But Russia is scarier!

You are being a bit naive about journalism in an authoritarian country that has control over digital media coming out of the country. The fact that this picture made it out (suggesting that image recognition/AI censor rules are still naive in China) is proof enough that there are voices desperately trying to tell the outside world - don’t trust their government!!

I said China’s economy collapsed 80-90% in the LAST month

Closing down schools, banning large gatherings, setting up drive thru testing, ramping up test kits next week, letting employees to work from home, closing borders to China and Europe (25k cases), etc

With interest rate at near 0 percent and inflation at 2.3%, people will come back to stocks sooner rather than later