Good point... great point... So when jim rogers gets on CNBC and tells us how obvious it was and how he bought the bottom we have to start lightening up a bit. (this is not a comment on whether he will pick the bottom or not.)
You call the crematoriums and ask "How many bodies did you burn today" Then you add them all up and you get the number.
I mean think about it... they have 1.5 Billion people that are 100% controlled and monitored by the government, they are told what to do and when to do it. Thats all they've ever known. They just want more "stuff" as their quality of life slowly rises. (Yee-haw, we got a new digital crock-pot and a big screen TV... look how far the family has come in one generation kids). Any future insurgency of note will be swiftly put down. Easy to to do when you have 8 Trillion cameras with unheard of AI behind them monitoring everywhere you go and what your mood is that day... complete with your social credit rating that controls every aspect of your life. On top of that their military and their weapons are way more than enough to keep the rest of the world out. So yeah, no changes at the top of the government for as far as the eye can see. They have no friggin' EPA really, and they could care less what the rest of the world thinks so they can produce whatever they want. And they're smart, they learn from their mistakes. The government has learned over the last 30 years how the markets work and how they can be manipulated. They will engineer a growth economy, hell they were already doing it. And doing it well. Then came this bug. China's not going away, this flu will however. People need to think like Buffett and look 10-20 years down the road. ...Buy China and keep buying. If it goes lower, buy more. -vz
Interesting. You make great and very valid points. I just finished reading how the Spanish Flu affected the world 100 years ago. Even though there were no commercial flights at the time it was still able to cover the entire planet in 2 years. Obviously at the time we didn't know what we were doing, but the Spanish Flu and nCov seem to kill people in the same way (a cytokine storm). It is too early to know if we will be able to contain this outbreak imo. Hope we do.
Attached below is a conversation between a NEJM editor and 2 infectious disease experts talking about the Novel Coronavirus. Things start getting “Interesting” at the 4 minute mark of the 10 minute audio file. https://www.nejm.org/doi/do_file/10.1056/NEJMdo005701/NEJMdo005701.mp3?area=aop Although I have a definite opinion on the Coronavirus situation, I am more interested in how others perceive this conversation.
Attached below is part 14 of a series of YouTube videos on the Coronavirus recommended to me by a friend:
Neither seemed to offer anything other than the need for more clinical data for determining effective quarantine/control measures. They all were alarmed at the high percentage 15-20% developed into severe cases, and the risk of super-spreaders via Asymptomatic carriers.
We got the best AI, the stealth undercover kind. Shades of Snowden all over again. https://www.nytimes.com/2020/02/10/podcasts/the-daily/facial-recognition-surveillance.html
I knoooow. Stay on topic though. China has it too and they use the sh*t in ways we (allegedly) don't. At least to a greater extent. And I know you can run with that and we can go down a huge rabbit-hole here... but my post was about making money... not about what Snowden said 10 years after anyone with any brains knew was already going on.