Comments
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ZYWhy would they want to shutdown the market? Knowing that would only caused market crash. If really market shutdown, i bet BTC would shot to moon (if BTC market is not shutdown)
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AWWill this pandemic be inflationary or deflationary given what Dan is talking about.
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RMIf CV19 was isolated to China, having a supply chain independent of China would make a big difference. Given that CV19 is now a global pandemic, all manufacturing, in all countries will be impacted over a 3-6 month period. When China gets back to full production, chances are that manufacturing outside of China will be shutdown and won't have the demand for many of their components and or finished products. I think that a global depression is on the cards. The CCP screwed the world by allowing travel outside of China while they locked down their cities, WHO have been aiding and abetting the CCP in spreading CV19. This is not short term, US CV19 numbers are low as a result of almost zero testing having been done to date. Dan Hearsch is clearly a subject matter expert in his field, this is a pandemic with far reaching consequences beyond supply, it will be a demand shock as well.
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RMUseful explanation of the supply chaing.