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CoronaVirus: An “Economic Cataclysm” Devastating Economic Consequences To Come - Mike Maloney & Chris Martenson (Part1)

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Image result for IMAGE OF covid-19 markests crash

Warm weather is expected to slow the spread of this virus, should we really do nothing and wait to see if warm weather makes it all go away?

As predicted by both Mike Maloney and Chris Martenson, the economic consequences of the Coronavirus pandemic are proving to be devastating.

The Dow Jones plummeted again on Thursday as California announced it is monitoring an astonishing 8,400 people for the coronavirus. 

Image result for IMAGE OF covid-19 markests crash

Markets are being crushed all around the world, as investors and industry slowly awaken to the dire circumstances that will effect every aspect of our intertwined ‘just in time’ economy.

Join Mike and Chris for their latest update on the markets, the US dollar, gold and silver…and what may lay ahead.

A brief Dow recovery was ended as California Governor Gavin Newsom announced 8,400 potential coronavirus cases are being monitored in the state.

The Dow Jones plunged another 1,191 points today. Never in its history has it hemorrhaged so many points in a single day.

As you probably gathered from the headlines, the primary reason for this apparent “plunge” in the Dow and broader market is the spread of COVID-19, the novel coronavirus that originated in Wuhan, within China’s Hubei province. With new cases of the lung-focused illness cropping up in South Korea, Iran, and Italy over this past weekend, it’s becoming likelier that a pandemic could be declared by the World Health Organization.

Why the sell-off, then? The thinking here is that not only is COVID-19 a major concern to the health and well-being of the citizens in affected countries, but it has the potential to substantially affect gross domestic product (GDP) growth in these countries. With China boasting the second highest GDP in the world, COVID-19 could send economic ripples throughout the world.

As evidenced by the 1,031-point decline on Monday, Wall Street is clearly concerned.

On top of all of that, the CDC has just confirmed “Community Spread” of the virus.

The Centers for Disease Control and Prevention (CDC) has confirmed an infection with the virus that causes COVID-19 in California in a person who reportedly did not have relevant travel history or exposure to another known patient with COVID-19.

At this time, the patient’s exposure is unknown.  It’s possible this could be an instance of community spread of COVID-19, which would be the first time this has happened in the United States. Community spread means spread of an illness for which the source of infection is unknown. 

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Delaney Dougherty

Delaney Dougherty1 hour ago

I hadn’t heard of the Diamond Princess (Royal Caribbean) Simpson’s episode. Thank you! Very scary and telling.

The Exalted Lamb 1 Coronavirus in The Simpsons!!

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  • Anonymous

    No Need To Panic At All

    Anyway some TRUTH, FACTS & ACTUAL useful INFO
    READ ALL OF THIS & YOU WILL BE – FULLY INFORMED & …. WAY AHRAD – OF THE GAME

    - THE TRUTH IS >>> The Caronavirus PlayBook Is Already Written.
    It’s just a repeat of the H1N1 Swine Flu (SARS, MERS, BIRD FLU, EBOLA) – Fake Propaganda Virus Playbook
    Just heading into – Chapter 2.

    At The End Of 18 months of Swine Flu – Fear Porn

    - The World Health Organaisation WHO declared the pandemic over the >>> 18 months had killed JUST ..18,500 people globally
    - averaging the figures of lab confirmed deaths – from the 210 countries that report to the W.H.O

    >>>> That averages out at LESS THAN 90 (as in Ninety) Swine Flu Deaths Per Country
    In Hindsight 18 months of fear porn fake propaganda headlines, >>> over an insignificant, irrelevant virus

    And – This Will Be A repeat.
    ……………………………………..

    Caronavirus Took 2 Months To Kill 2,400 (ie a TINY 40 Per Day)
    - of old, sick, frail, immuno-compromised and already on their last legs Chinese

    - Up to 95% of Infected – Have Symptoms – So Mild – They Won’t Even Notice
    - and in most countries – hasn’t even reached a THOUSAND infected

    Regular Annual Flu – Kills 88,000 …Chinese per year
    7 Million Chinese… Die Of All Causes Per Year
    -vs- Caronavirus – UNDER 3,000 !!!

    Read the facts – Engage Brain & Common Sense – It’s an insignificant irrelevance – the rest is Rinse & Repeat VIRAL FEAR PORN
    ………………………………………………………….

    Total Prepping Required – IF you are one of the …very few that do get infected
    - and NOT one of the 90/95% infected that exhibit >>> NO Symptoms
    Or Symptoms >>>> So MILD – You Would’t Even Notice Them …..
    - then

    It may be prudent to perhaps – buy a small box of paper hankerchiefs/tissues… & Voila …..FULLY PREPPED & Ready
    >>> READ ON
    …………………………………

    LETS GET INITIAL OFFICIAL GOVERNMENT CONFIRMATION (Fuller Details Lower Down on THE ACTUAL NUMBERS)

    ………….CANADIAN GOVERNMENT / HEALTH CANADA …………….

    QUOTE “coronaviruses are common …..and are typically associated ….with mild illnesses,
    similar to the common cold. (Unquote)

    QUOTE >>> Those who are infected with COVID-19 may >>>>have little to >>> NO symptoms.

    You may… NOT KNOW ……you have symptoms ….of COVID-19

    because they are similar to …. a COLD or flu. (UNQUOTE)

    https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection/symptoms.html
    (& see Quotes At Bottom)
    …………………………………….…………….
    For the… very few …that do get infected noticeable symptoms, …. typical signs include

    - A RUNNY NOSE
    - A COUGH
    - A SORE THROAT / Fever (high temperature).

    The vast majority of patients – at least 97 per cent, ….. based on available data – will recover from these >>>> without any issues or medical help.

    https://www.dailymail.co.uk/health/article-7987001/Death-toll-killer-coronavirus-10-TIMES-higher-average-Chinas-Hubei-province.html

    ………………………………………………….

    Its such a happy clappy insignificant symptoms virus – its about as pleasant as you could make – thank you to God or Whoever – good job.

    Lest We Forget ….. Ooooh Less Than 100 Suspected Cases Out Of 300 MILLION Americans – That’s ‘erm, well – nicely .… very significantly LESS than a PI$$ In The Ocean too really ….isn’t it

    And Based On How Things Have Gone In CHINA So Far – It A case Of >>>>
    …………………………………………………………………………………………….

    MOVE ALONG FOLKS – NOTHING TO SEE HERE – ALL OVER – JUST MOVE ALONG – GET ON WITH YOUR LIVES

    CHINA
    Yes 2,400 Died Of Caronavirous in 2 months (60 Days) – An Average >>> Really VERY TINY >> 40 Deaths A Day

    - Seasonal Flu Kills An Average 88,000 Per Year (Caronavirus Has Managed 2,400)

    - 7 MILLION Chinese Die Per Year – Caronavirus Has Accounted For 2,400

    And Studies/Reports State whilst there are only 80,000 Confirmed Infections – There Will be 10X that number
    - YES 3/4 MILLION + with Symptoms SO MILD – they Won’t EVEN NOTICE THEM
    ………………………………………………………………………………………………………………………..

    So Move Along Folks – Everywhere Is Opening Up Again – Just Move Along Folks – It Was Just The Usual Fear PORN – Move Along …CONTINUED

    INTERNATIONAL NEWS CHANEL RT NEWS ….. Evidence ….. >>>> Propaganda Fatigue ….Setting In

    Already Macau CHINA , the world’s biggest gambling hub, …..will allow casinos to resume operations from…. February 20,

    …. after authorities imposed a two-week suspension to curb the coronavirus’ spread, authorities said on Monday,

    Macau has not reported >>> any new cases of the virus>>> since February 4, … officials said.

    There have been >>>> ONLY 10 confirmed cases of the virus – in total there.

    Government services, which had mostly been suspended since the start of February, ….. have gradually resumed operations this week.

    https://www.rt.com/newsline/481005-macau-casinos-virus-fear/

    So Move Along Folks – Move Along – Nothing To see Here – Get On With Life – It’s All Over Folks 2,400 deaths and new cases plummeting – Predominantly Sick, Elderly, Immunocompromised, & usual already on their last legs ….. out of 1.3 BILLION CHINESE
    ………………………………………………………………………………………………………………………..

    NB 10 February 2020 BLOOMBERG

    The new coronavirus might have infected….. at least 500,000 people in Wuhan, ….the Chinese city at the epicenter of the global outbreak, …..by the time it peaks in coming weeks.

    But…… most of those people…..>>>> won’t even know it.

    https://www.bloomberg.com/news/articles/2020-02-08/virus-outbreak-in-wuhan-may-soon-peak-with-more-than-5-infected
    …………………………………………….
    LOS ANGELES TIMES

    Thousands of people in China and elsewhere ….have been infected ….. but have had…

    >>>> such mild reactions that >>>> no one even noticed,

    - said Dr. Tom Inglesby, director of the Center for Health Security at the Johns Hopkins Bloomberg School of Public Health.

    https://www.latimes.com/science/story/2020-01-24/china-coronavirus-panic
    ……………………………………………………………………………………………..

    The UK’s BBC News COMMENTS – Re INFECTED – HAVING SUCH MILD REACTIONS >>> NO ONE NOTICED
    >>> FROM THE LARGEST STUDY TO DATE (The paper by the CCDC, released on Monday and published in the Chinese Journal of Epidemiology, looked at more than 44,000 confirmed cases of Covid-19 in China as of 11 February
    ………………………………….
    – So Known Infections Quoted In Study – 72,436 x 10 = 724,000 Who Will Have Had Symptoms – Too Mild – To Notice – YES >> ¾ Million
    …………………………………..
    QUOTE >>> Re The Known 72,436 infections
    - Scientists have estimated there could be …..10 times as many people infected ….. as are ending up in the official statistics.

    That ALSO means the….. overall death rate IN THE REST OF CHINA (Outside Hubei) is likely to be
    >>> lower than the 0.4% (rest of China) reported in this study (ie 10X LOWER – Making the death rate potentially ONLY 0.04)

    https://www.bbc.co.uk/news/world-asia-china-51540981
    ……………………………………………………………………..
    So Theres Proof Of Precedence – How This Caronavirus Runs

    So Ignore the PROPAGANDA FEAR PORN – ENGAGE BRAIN PUT COMMON SENSE IN GEAR & JUST PARTY ON

  • Mr. Grey

    An “Economic Cataclysm” Devastating Fear Porn To Come…

    BINNED.

  • Fake News = The False Prophet

    Mike Maloney & Chris Martenson… deep state actors.
    It’s ALL hoax!

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