(BREAKING) Coronavirus Crisis! MARKETS IN A CRITICAL POINT.
The markets are on a free fall with the Corona-virus spread in Europe, South Korea and Iran without talking about China, and a possible outbreak in the United States with now more than 60 confirmed cases and rising.
Despite that the US president is asking for funds in advance to fight what they know is inevitable, (A MAYOR OUTBREAK) in mainland and to make it more serious the US president designed the vice president directly in charge of the matter, that led to a million dollar question ¿Why not the secretary of health instead? well that is simple to answer! this is weigh more serious than what the government want the masses to think, Why? because if the markets is reacting this way without mayor panic just imagine what can happen if the whole population in the US freaked out, A MAYOR DISASTER.
Another point to clear is that the market ultimately are artificially pump by free money printing and stock re buy, and the fed was fighting all this time since last 2008 crisis to keep this moving forward to protect their integrity, but now they have the perfect excuse! (CHINESE PANDEMIC LED TO THE WORST CRISIS SINCE THE GREAT DEPRESSION) I already see this all over the media and the internet, oh what a nice excuse for the disaster they built for decades.
Nothing else to say.
Despite that the US president is asking for funds in advance to fight what they know is inevitable, (A MAYOR OUTBREAK) in mainland and to make it more serious the US president designed the vice president directly in charge of the matter, that led to a million dollar question ¿Why not the secretary of health instead? well that is simple to answer! this is weigh more serious than what the government want the masses to think, Why? because if the markets is reacting this way without mayor panic just imagine what can happen if the whole population in the US freaked out, A MAYOR DISASTER.
Another point to clear is that the market ultimately are artificially pump by free money printing and stock re buy, and the fed was fighting all this time since last 2008 crisis to keep this moving forward to protect their integrity, but now they have the perfect excuse! (CHINESE PANDEMIC LED TO THE WORST CRISIS SINCE THE GREAT DEPRESSION) I already see this all over the media and the internet, oh what a nice excuse for the disaster they built for decades.
Nothing else to say.