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Sun Feb 16, 2020, 07:00 PM

 

I believe Coronavirus is going to cause a significant slowdown in the world economy


..and I believe the Trump administration knows it as well.

The chinese have been lying and downplaying this, but it is spreading fast. China is a key cog in every nation's supply chain.



Look for Trump to push massive pressure on Powell to get quantitative easing done to try to keep the economy propped up through November.


Coronavirus is going to lead to a massive recession.

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Reply I believe Coronavirus is going to cause a significant slowdown in the world economy (Original post)
CalFione Feb 16 OP
pdxflyboy Feb 16 #1
abqtommy Feb 16 #2

Response to CalFione (Original post)

Sun Feb 16, 2020, 07:09 PM

1. You are correct, CalFione

Chinese output is decreasing because of the quarantines. There are goods in the pipeline at the present, but that will eventually dry up.
The world markets will begin reflecting this very soon. I'm not sure that quantitative easing will be very effective in this situation. We will find out soon enough.

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Response to CalFione (Original post)

Sun Feb 16, 2020, 08:47 PM

2. From what I've been hearing/reading there's a lot of people saying the same thing. I don't doubt

that it's a fact, Jack.

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