$MSFT, $BRK.A, $BRK.B,
Big Q: Do the globalists believe they can strip The People of their wealth?
On 18-October-19, Johns Hopkins Center for Health Security, WEF & Gates Foundation sponsored a pandemic exercise in NY for the emergence of a new fictional viral illness; “coronavirus acute pulmonary syndrome”
At the weekend Bill Gates resigned from the boards of Microsoft and Berkshire-Hathaway. There are no coincidences…
As of 16 March it has been reported that there are about 160,000 confirmed cases of COVID-19 and about6,000 deaths from the disease.
Older people sick and infirmed people, especially, are at risk . More than 140 countries and territories have reported cases; more than 80 have confirmed local transmission.
And as the number of new cases in China is falling to less than 20 a day, it is increasing in Italy. China’s share of new cases has dropped from more than 90 percent a month ago to less than 1% Monday.
On 11 March 2020 the UN’s WHO declared COVID-19 a pandemic.
In its message, it balanced the certainty that the coronavirus (SARS-CoV-2) will inevitably spread to all parts of the world, with the observation that governments, businesses, and individuals still have substantial ability to change the disease trajectory.
In Mr. Hussein Obama’s 1st year, Swine flu: 60-M Americans infected in a 10-month period, 300,000 hospitalized, 18,000 deaths.
Again: As of 16 March it has been reported that there are about 160,000 confirmed cases of COVID-19 and about6,000 deaths from the disease.
This is 100% political
Based on the data we have seen there is 1 scenarios based on The Trump Administration’s policy. The most pessimistic projections typically give the virus full credit for exponential growth, and assume that humans will not respond effectively. I do not see that happening.
The scenario below explain ways that the interplay between the virus and society’s response might unfold and the implications on the economy in each case.
- Epidemiology. In this scenario, new case counts in the Americas and Europe rise until mid-April. Asian countries peak earlier, epidemics in Africa and Oceania are limited. Growth in case counts is slowed by effective social distancing through a combination of national and local quarantines, employers choosing to restrict travel and implement work-from-home policies, and individual choices. Testing capacity catches up to need, allowing an accurate picture of the epidemic. The virus proves to be seasonal, further limiting its spread. By mid-May, public sentiment is significantly more optimistic about the epidemic. The Southern Hemisphere Winter sees an uptick in cases, but by that point, countries have a better-developed playbook for response. While the Autumn of Y 2020 sees a resurgence of infections, better preparedness enables continued economic activity.
- Economic impact. Large-scale quarantines, travel restrictions, and social-distancing measures drive a sharp fall in consumer and business spending until the end of Q-2, producing a recession. Although the outbreak comes under control in most parts of the world by late in Q-2, the self-reinforcing dynamics of a recession kick in and prolong the slump until the end of Q-3. Consumers stay home, businesses lose revenue and lay off workers, and unemployment levels rise sharply. Business investment contracts, and corporate bankruptcies soar, putting significant pressure on the banking and financial system. Monetary policy is further eased, but has limited impact, given the prevailing low interest rates. Modest fiscal responses prove insufficient to overcome economic damage in Q-2 and Q-3. It takes until Q-4 for US and EU economies to see a real recovery. Global GDP in Y 2020 falls slightly.
In a prolonged contraction: Demand suffers as consumers cut spending throughout the year. In the most affected sectors, the number of corporate layoffs and bankruptcies rises throughout Y 2020, fueling a self-reinforcing downward spiral.
The financial system suffers significant distress, but a full-scale banking crisis is averted because of banks’ strong capitalization and the macroprudential supervision now in place. Fiscal and monetary-policy responses prove insufficient to break the downward spiral.
The global economic impact is severe, approaching the global financial crisis of Ys 2008–09. GDP contracts significantly in most major economies in Y 2020, and recovery begins only in Q-2 of Y 2021.
The man made coronavirus crisis is a story with an unclear ending.
What is clear is that the human impact is already somewhat harsh, and that companies have an imperative to act immediately to protect their employees, address business challenges and risks, and help to mitigate the outbreak in whatever ways they can.
Have a healthy day