Hyperinflation coming to China.

Discussion in 'Economics' started by Amun Ra, Feb 10, 2020.

  1. Amun Ra

    Amun Ra

    https://www.bangkokpost.com/busines...n-rises-as-coronavirus-disrupts-supply-chains

    Food prices up over 20% CPI was at 4.5% for the year in Dec, but jumped to 5.4% for January. Pork prices were already up 97% for the year in Dec, but then 116% as of Jan.

    Found this video that was just uploaded today of someone throwing his money out the window which makes me wonder if anyone is even accepting cash anymore that they would do this.

     
  2. you have to suspect this corona virus was intentional the virus was spread by someone to destroy China economy.

    the culprit could be American spies responsible for the Hong Kong riots .etc. or anti-China groups. these people are evil I tell

    also the ponzi scheme keeps going in US exhanges like the bitcoin BS which is fueled by permanent short ETF who keep shorting. In normal markets there is limited amount of sharees to short and they cannot short anymore. these are naked short positions from SQQQ

    also the rally in 1999 was from short squeeze too.

    the corona virus was spread by leak in some biolab. factory or something it's a man made virus. it's not from farm market as suspected it.
     
  3. zdave83

    zdave83

    Not as much fun as a tin foil hat, but ......

    "" Since the virus first popped up in Wuhan in people who had visited a local seafood and animal market (called the Huanan seafood market), officials could only say it likely hopped from an animal to humans. In a new study, however, the researchers compared the 2019-nCoV genetic sequence with those in a library of viral sequences, and found that the most closely related viruses were two coronaviruses that originated in bats; both of those coronaviruses shared 88% of their genetic sequence with that of 2019-nCoV.

    Based on these results, the authors said the 2019-nCoV likely originated in bats. However, no bats were sold at the Huanan seafood market, which suggests that another yet-to-be-identified animal acted as a steppingstone of sorts to transmit the virus to humans. ""

    https://www.livescience.com/new-china-coronavirus-faq.html
     
  4. Cuddles

    Cuddles

    pangolin
     
    ironchef and Lou Friedman like this.
  5. Turveyd

    Turveyd

    And if that animal is a rat or even a bat then staying in doors isn't going to protect you from the virus as there busy spreading it when your asleep without you realising there even there.

    Would also explain, why not really spreading in other countries easily and why the lock down hasn't slowed down the infection rate seemingly at all, total waste of time maybe, or maybe they'd be in the millions, need a parallel earth to try out both scenarios really.

    Definitely going to cripple the Chinese economy, no 1 is importing from them, so guess even dropping the lock down and accepting it isn't going to help at this stage.
     
  6. ironchef

    ironchef

    People have very short memories. Do you worry about measles, Ebola, West Niles, Zika or MERS? They are still lurking somewhere among us.
     
  7. ironchef

    ironchef

    Temporary problem. They just have to import more foods from the US.