Potential Impact of Corona Virus on World Markets

I am by no means an economic expert and was wondering what the thoughts are on how this situation is going to affect the markets for both China and the US especially?

With all of the news coming out about Chinese food sources and vulnerability and cleanliness would China be looking at a long term change to how they supply themselves with food and how does this affect the US markets? Will China start to regulate some of its food markets to ensure safe food is being provided? Will they change at all.

It seems that the phase one plan was signed just in time if China needs to start importing more safe food

a reply to: Charliebrowndog

Short term hit. Long term no impact once it fades. We are in the hit right now obviously. If the death's get into the 10's of thousands it will hurt the US some but China is in deep trouble. Traveling and exporting become pure torture.

Its a curse I bet from all the billions of animals living in pain on those markets..

a reply to: Stupidsecrets

Potentially though if China imposes some new restrictions and regulations this could be a huge boost to American Agriculture to supply food items to China if my thinking is correct.

I just don't know how China can continue to operate like this and risk these repeated outbreaks that have a huge long lasting impact economically and socially. Will the Chinese government cave and suck up their pride? I'm, not sure.

originally posted by: Stupidsecrets
If the death's get into the 10's of thousands it will hurt the US some but China is in deep trouble.

Some sources say the death toll is already there.

Already baffled by some of the responses in this thread.

Not once in human history has there been a quarantine of between 50 and 100 million people. No external commerce is happening from that region of China. Think about that for a moment. Analysts were freaking out about the trade tariffs and saying it would tank the global economy, but this? Nada.

Yeah, right.

I said on Friday that today the markets would react negatively. But this is only the trickle before the torrent. Once it becomes clear to those not paying attention now, or who aren't thinking this through now, the external (and guaranteed) impact this will have to the global supply chain, transportation and hospitality markets, the real nose dive will take place. It's anyone's guess how far this will go. But go it will.

In my opinion, this is the single and most important threat to the global economy in our lifetime.

The virus (how many people get it and how many die) isn't the relevant issue. What is relevant is China's reaction to it. When you shut down a big chunk of the supply engine to the rest of the world, trust me, the impact will be felt everywhere.

We are in uncharted waters now.

I hope I'm wrong and hope for the best...and I'd certainly love for someone to convince me otherwise.

markets will be green again by the end of the week, financials held up great today

originally posted by: LordAhriman

originally posted by: Stupidsecrets
If the death's get into the 10's of thousands it will hurt the US some but China is in deep trouble.

Some sources say the death toll is already there.

Link?

originally posted by: toysforadults
markets will be green again by the end of the week, financials held up great today

That's it? That's your analysis?

Oh boy.

a reply to: loam

yeah, SPY bounces off 320 tomorrow....

a reply to: loam

Most freight to US from China takes a long time to travel overseas and then it gets held in port for an additional month or more before getting shipped overland.

There's still a backlog of already shipped goods to be worked through. When that dries up, there will be real a trouble.

a reply to: Charliebrowndog

Well if we are all pan bread we are not going to need much to eat now are we?

a reply to: ketsuko

Agreed.

But I have yet to see a single analyst's report begin to quantify what's likely at stake here. There are already supply side disruptions in Asia tied to the zone. There's a lot of just-in-time market out there. Those will have a compounding effect further down the chain. One thing is for certain. If the quarantine remains, which is foreseeable in the near future, we are only just getting started here.

we have to determine if the COVID pathogen is a temporary crisis virus or a Global Paradigm changing Pathogen

where social contact is modified, commercial manufacturing infrastructure is forced to undergo extreme changes including decontamination and pathogen free workplaces

the complex Globalization model of the past is no longer operable (too many slices of the pie exist as sole resource entities)
as is obvious in the Drug Cartel business model, for instance,

I don't suggest an ideal alternative, just a cynical prognosis of the here-&-now


ETA: kingworldnews.com...


a short audio clip 11-15 minutes addressing the economics of global systems

originally posted by: Charliebrowndog
a reply to: Stupidsecrets

Potentially though if China imposes some new restrictions and regulations this could be a huge boost to American Agriculture to supply food items to China if my thinking is correct.

I just don't know how China can continue to operate like this and risk these repeated outbreaks that have a huge long lasting impact economically and socially. Will the Chinese government cave and suck up their pride? I'm, not sure.

China & food growing... China has to choose the Bayer-Monsanto GMO seeds or not... there is little else in American crop seeds to choose from...I don't see a financial windfall for American seed suppliers in any future

China will ramp up their own crop seed over the years
the Sino-System of agriculture will only need bandaids for 3-5 years until their own bio-labs come through on seed
or pork belly needs from foreign sources

for those ATS readers who want the sheeple news straight...

there is this 6 minute clip by an Entomologist ?? (a doctor specialist in pathogens/virus' )

~spoiler Alert~


www.youtube.com...



this COVID is not a Existential killer virus... it will not change Civilization