When the coronavirus first Wuhan, China, there was this air of arrogance in the West, particularly the USA. It would not happen to us, it is a China problem. And so they went about attacking China and smearing China in every possible way they could. And as the problem grows daily, the West started to turn racists and there were many racist attacks against anyone looking Chinese in western countries, including the US of course. And one white asshole wrote and reported in another racist main media, the Wall Street Journal with the heading China is the New Sick Man of Asia, thinking it was very fun, and defended by the equally racist American govt as freedom of speech.
So it would not happen to the West, not to the USA. All the Swine Fever, Bird Flu. SARS and now Covid19 would only happen to China, not any other slum and filthy third world countries and definitely not Europe and the USA. The picture is changing and turning ugly with South Korea and Italy and Iran as the new centres of Covid19 epidemic. And the US is still smarting that they have very few cases, nothing to worry about. The latest, a Californian has been infected but with no travel record to China or other worse hit countries. Two in Washington state also infected and also had no contacts with foreigners or been to affected places. These cases look like indigenous virus found in the USA. Perhaps one of the reasons why so few cases were found in the US is because they have only conducted screening on about 400 individuals as at 25 Feb 20. The rest of the Americans were not tested.
It would not hit the USA. One month after the news of Wuhan epidemic, most Asian stock markets started to fall sharply, but not the European stock markets or New York. They are immuned from this Wuhan virus, nothing to worry about, for reasons they know best. This virus only attacks Chinese perhaps or just Asians.
Nevermind the Covid19 virus. On 24 Feb, finally the impact of Covid19 hit the USA when Dow Industrial index fell more than 1,000 points. It did not stop there and the worse was on 27 Feb when it was -1190 points, the biggest one day fall in the history of American stock market. Last week alone US 3.5 trillion dollars were wiped out from the American stock market alone. All the life long savings, pension funds, whatever funds, took a big hit. No, the Covid19 virus would not hit the Americans, it just did a nuclear thing, to wipe out the stock market. No one American is spared from this onslaught. The one who laughs last laughs loudest.
Thank God it is finally happening. And the story is just being written. The ink has not dried yet and many more chapters to come before the end.
41 comments:
This is just the appetizers. The main course is still cooking in the kitchen. It would be served very soon, when the viruses get very hungry and angry for waiting too long to be served. American exceptionalism shall experience that special exception of inclusiveness.
Henry Higgins, just you wait!
First Death In USA - Covid19 Virus Just Presented Its Calling Card To USA Donald Trump!
The first fatality from the novel coronavirus has been confirmed on US soil, as President Donald Trump on Saturday urged Americans not to panic. (The more you urge the people not to panic, the more they panic. Don't ever mention the word "panic". Hoarding of foods and medicines have started in USA. Look at the super long queues at the supermarkets.)
Health officials said the man who died in Washington State was one of a handful with no known links to global hot zones to have contracted the virus — indicating that the pathogen was now likely spreading in communities.
The death occurred in King County, the most populous in the State and home to Seattle, a city of more than 700,000 people.
As expected of him, Trump's Trumpet says "everything is under control." (Control by who? Doctors or Covid19 Viruses?)
Project backwards, knowing that fatality rate is 2%, 1 death means more than 50 affected in the area. For every infection not detected, especially the case in LA, walking around for several days, imagine how many people would have been infected.
South Korea:
South Korea confirmed 594 more coronavirus cases on Saturday, the biggest increase in one day.
The national total is now 2,931 confirmed infections, with three additional deaths (3 women) making a total of 16 deaths to date.
More than 90 percent of the new cases were in Daegu, the centre of the country’s outbreak, and its neighbouring North Gyeongsang province.
Wuhan: Discharged Patients Re-Quarantined!
All those discharged from hospitals have been re-quarantined at selected locations by the government because some of them have been tested positive a few days after being released.
Singapore media don't be too happy in announcing the number of infected persons being discharged! They could still be carrying the Covid-19 viruses in their body.
When the Wuhan visting Denmark?
LuiXin already said Bats don't carry passports. Whatever happened to your neighbours or fellow human beans can also affect you.
UASsA? They be having a harder time in controlling the Virus than China.
Thought they have the ready vaccine?
Another bullshits by Dotard Trump.
Very happy coronavir.us is getting rampant in USA. China will have the last laugh!
South Korea now has more than 3,600 cases. The biggest one day increase was last Sat with more than 800 infected in a single day.
South Korea is losing control, just like Italy and Japan.
Wait for the explosion in the USA. They are hiding their infection cases but not for long.
Perhaps they already had the antidote and just pretending they have nothing to do with the outbreak. Why else could they be so arrogant, when everyone else is on tenterhooks, both in Europe and Asia.
But looking at the bigger picture, it has been reported that annually, about 14,000 Americans die of influenza or common flu. So what is 2 to 3 thousand deaths around the world from coronavirus? Logical thinking by Dotard.
Further, it has also been reported that the USA is facing a shortage of drugs due to China cutback and coupled with the cut in medicare and mediaid spending after Trump got rid of Obamacare, any outbreak will be catastrophic. Only the well off could afford medical insurance and healthcare. Then we shall see the extent of the damage if an outbreak does occur. The poor and sickly will be left to die.
Thereafter, he can blame the collapse of the best economy in the history of the USA on the outbreak, should recession hit. But he and his cronies will live happily ever after. In HELL!
Americans must pay their own medical bills which can be quite hefty if they go for flu tests. Hence many of them did not go for tests even when ill.
The whole world has this thinking that only the USA and the West are transparent and only all communist regimes hide the truth.
What about all the unsavoury dirt dished out by Julian Assange of Wikileaks, about the cheating, lying and spying committed by the USA? What about the half a century of listening to it's allies secret conversations, through the use of the CIA's rigged encryption machines sold to them? How transparent is the USA with just this example? And what about the proven spying of the USA on the leaders of it's closest allies?
The USA points one finger at others, but four fingers are pointing at themselves. What they accused others of doing, you better believe that they are already doing it themselves.
The Americans have been cheating and lying to the world and their own people all the time. Unfortunately the unthinkings chose to believe in them and swallowed all their lies about China as being unreliable and not transparent.
I just spoke to another unthinking banana that said don't trust China and you could see how much he trusted the lies from the Americans.
This banana is OCBC- Orang cjina bukan Cjina.
Affiliate of OCBC- Sinkieland
At present more than 50 countries have reported that they have been visited by the Covid19. The UN and many countries are gearing up to the highest alert, yet Singapore leaders are sounding out (especially the chubby son of a Gan, MOH) that the Orange CON may be reduced to Yellow CON. So clever?
There are some even more "clever" countries' leaders that claim there are no Covid-19 cases in their country. Indonesia is one of them.
Recently, 3 Singapore residents (a Singapore woman and her Myanmar maid, plus one man) visited Indonesia even though they already have symptoms. These three withheld information from the Health Authorities and are now included among the 4 infected cases reported on Saturday-Sunday.
So, tell me, Indonesia has Covid-19 or not?
@ my fellow profit-seeking opportunists who revel in "Black Swan" events:
My "plan" is to make sure I survive and SPEND BIG when there's fear, massive suffering, and chaos on "distressed assets".
The time to buy is when there's 'blood in the streets' Baron Rothschild in the 1800's. That pearl of pure capitalistic wisdom doesn't go away.
Nearly every market in the developed world is priced at high CAPE (Shiller PE) ratios. Before the fall, US was around 45. "Normal" is about 17; the historical MEAN.
Could the coronavirus be the thing to bring "sanity" back to the prices? Who knows. But most rational people have been expecting a fall since at least 2014. Almost every day since then, writers were referring to the "Everything Bubble" and predicting a correction, fall, and even CRASH.
And every time they were WRONG.
The USA is unique. It's a fucking rich cuntry. But the average Jo & Jane Doe is ROYALLY FUCKED.
Unlike Asians, these idiots don't save cash and live off debt. The average American doesn't have $400 in "spare cash" to even fix a simple thing in their car or home.
Most older Americans don't even have a dime for their retirement, believing that their social security will give them enough "income" to live on in retirement. And now their 401ks and IRA's have taken a beating, UNLESS they bought EARLY before the drops in the last few days.
But long story short, YEAH, more falls please! Get that Shiller PE way down. Even Buffet is waiting for cheap cheap so he can buy big big He has ~130 BILLION in CASH! while others are bleeding money, watching their "wealth" drop like a rock! 🏆🏆🤑🤑
This vid is worth 12 minutes of your time: https://youtu.be/sKzMVJdTeTs
The USA is fucked. They are totally unprepared for this, and the US Federal govt has started LYING to The People, once again
It is no different in Singapore or Australia where I am "self quarantined" All our motherfucking governments are LYING TO US, and if you "believe" their bullshit, promulgated by the "free" press aka MSM... you will FUCK YOURSELF UP.
My recommendations:
1. STAY ALIVE---plan for it; make sure you have enough food water, batteries, and what not to survive if/ when the govt locks you up in your home, avoid crowds and closed in places with many people. I have 1 month's supply of food and water (in water tanks) and order supplies online for home delivery. No way am I going to the shops! 🤧🤮. Have masks because the time will come whenyou need them
2. GET YOUR WAR-CHEST TOGETHER---opportunities to purchase assets at a deep discount to "fair value" are around the corner. If you are a young person, you do this RIGHT, you will never have to work for a living ever, again. You have a shot, this one is a FREE KICK. Take it, because if you don't others will. 💰
3. BE SKEPTICAL OF EVERYTHING YOUR GOVERNMENT TELLS YOU---you need to evaluate everything these motherfuckers say. I don't care what cuntry you are in....chance are they will LIE to you! 🤬🤬
4. HAVE A PLAN SHOULD THE ABSOLUTE WORSE HAPPEN, THE STATE FAILS AND ANARCHY EVOLVES---for me, I'm "going bush"...deep into the outback of Australia. Bring guns, hunting compound bows, portable generator, solar still (for water) survival gear...the whole damn thing and hope nature doesn't kill me out there because there are no medical services! ☠️☠️
"Thank God it is finally happening"
- redbean
YES. PRAISE JESUS !!
@ matilah
Thank God you are still alive.
This is the week of your terrible car accident.
Virgo 49 said...
This banana is OCBC- Orang cjina bukan Cjina.
Affiliate of OCBC- Sinkieland
March 02, 2020 10:40 am
Dia bukan orang china, dia orang chap cheng.
@ 1221, my loving fan 😘, and great lover of "that cuntry"😉
>> Thank God you are still alive.
This is the week of your terrible car accident. <<
Ok noted. Have put it down in my diary, in case I forget.
Love to your family and their CANCER ☠️⚰️⚰️. I hope the Indian doctor koreks your little girl's cheebye 😆😆
@Matilah,
I seriously doubt if stock markets IN GENERAL will be hit as hard as in 2008 or even 2001-2002. Even if WHO declared an official pandemic & the Wuhan virus worsened by 10X.
However I agree that this period will be the best time in 10 years to buy assets e.g. stocks & properties. (Singapore has been handling this Wuhan virus too well so far, hence not much effect on property prices ... yet.)
The 1000+ point daily drops in the DOW is peanuts nowadays, as the DOW is closer to 30,000 than to 10,000. E.g. just a roughly -4% daily drop.
The last time when 1000-point drops got so much attention was back in Sep/Oct 2008 --- at that time, 1000-point drops in the DOW meant daily losses of -9%.
Last week was special NOT becoz of the 1000+ point drops, but becoz it was the fastest correction in US history --- over -10% down in 6 days.
The biggest 1-day drop in terms of percentage & actual inflation-adjusted losses is still 1987 Black Monday.
If you analyse 50-year history of such panic-driven drops, very high chance of gains 3 months to 1 year later if you buy now.
The next 1-2 months will still be volatile --- very good if you're a short-term trader!!
Anyway it gives me a good opportunity to spend some of my $600K war chest (I've been selling some US stocks into the highs in Jan and early Feb). Even after -12% drop, US markets are still expensive if compared to historical valuations though. I'm still 7-figures invested in US stocks, China / HK stocks & India stocks currently (India stocks also over-valued & undergoing discounting now).
I've been in the markets for 21 years, and this is basically chicken feed --- meaningless in the longer scheme of things. In fact I finally felt happy buying back a little bit of my War Stocks last Thursday & Friday!!
Eh cheebye be careful what u posted as the Indian doctor may do the same thing to u
Since u still have 7 figures invested hope u will left with 3 or 4 figures. Haha
@Anon 253pm,
///Since u still have 7 figures invested hope u will left with 3 or 4 figures///
If that were to happen, very likely you, your parents, your spouse & your children will be all dead ... at the same time e.g. global nuclear war, or extinction-level asteroid impact. So you definitely don't want to see my portfolio left with 3 or 4 figures! :)
So far all the following has not affected my portfolio's growth:-
Asian Financial Crisis
Dotcom bust
September 11
Global accounting scandals / Enron / Worldcom / Arthur Anderson
SARS
War on terror / Afghanistan / Iraq
Avian flu
Swine flu
Great Financial Crisis
MERS
Oil & gas crash / China crash
US-China trade wars
In fact, my portfolio has only grown bigger & stronger after each & every so-called crisis!!
How the fuck did that happen?!?!?!?! You go figure it out lorr!!!
My investor friends are all living like as though nothing had happened. Sama sama ... boring even. 1 of them will soon hit his target of $1M CPF by middle of this year ... even though he is jobless for 5 years already. How? Voluntary CPF top ups lorrr .... he collects over $250K dividends yearly, so he can spare some to pump into his CPF.
CPF on the way to 1 million!!
why put inside cpf for 2.5% if he gets so much from dividends?
Most older Americans, the retirees and retired are fucked by the pension funds and most are left with nothing to retire on. The pension funds promised them the moon and the stars, but failed to deliver the returns over the decades. Fund managers probably creamed off more than they are entitled and left the poor retirees holding the begging bowl.
Most pension funds are insolvent and could probably be able to continue paying the retirees only for a short span of time before collapsing, if a recession hits. As they say, they are just basically kicking the can further down the road, and when they do that the consequences will be even more painful.
If the post-war generation of the USA are supposed to be the ones that accumulated the most wealth, but tragically lost them to the pension funds, I wonder what to say of the younger Americans. That the average American does not even have $400 in their pockets says a lot about the situation. And that is why more and more Americans are living on the streets, homeless. They cannot afford even the basic necessities of life!
But Trump brags about how good the US economy is, so why are things so different on the ground. Who is telling the truth? Who is not transparent? Who is lying all the time? And who believes all the shit?
@ 3.17pm
CPF on the way to 1 million.
PRAISE JESUS !!
rulers are all the same.
they are all greedy and evil.
they came up with pensions funds.
pensions funds are basically pyramids schemes.
"Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one" - Thomas Paine
@ War Stocks Guy
I also believe that the markets won't CRASH. Crashes are rare events, even if there's big trouble in the world, markets show how ROBUST the capitalistic system is by not crashing.
But markets do move up and down as it is their nature which is why I personally don't care. I only care about the price I pay for the thing I choose, and most importantly when to GET OUT of necessary.
Come this time next year when the coronavirus is history already, if you revisit the old posts of this period, you will realise how much hype and fear there was.
I thought I was going to get another rental apartment out of this... That looks like a bust now as real estate prices are rising again.
Also I'm beginning to think the "value play" is "oversold"---almost everyone I know is now waiting to pick up "cheap stocks", which means prices will fall, but they won't drop like a lead balloon unless this thing becomes a "zombie apocalypse" which is unlikely IMO. Like I said, market crashes are rare events, and people overreact to corrections....they think the sky is falling.
matilah
Well done.
You survived.
No car accident for you today.
Best of luck for tomorrow.
Pakistan has so far reported only four cases of confirmed infections by Covid19. Yet the Pakistani government is closing down schools. Singapore, a densely populated tiny island has many times more than 4 cases of confirmed infections by the Covid19 viruses, yet the schools remain fully open and running like there is no problem at all?
Time bombs are going to explode in time to come?
Pandora is waiting anxiously to open her Pandora Box.......
Two Malaysian ministers, suspected of being infected by the Covid19 virus, have been tested and the results are expected on coming Wednesday. They must have been working very hard and exposing themselves to the Covid19 virus without taking any precautions - e g. not even wearing a face mask to protect themselves as a minimum measure?
Wear a face mask only when you are sick; and possibly going to die?
Is it good to wear a face mask only after you have been infected, and possibly waiting to die? Because so far there is no cure. It's just like stupidity has no cure
Or is it better to take all available precautions to protect yourselves and your love ones?
Ever heard of "Prevention is better than cure"? Or you would prefer to expose yourself then regret later, and tell yourself "What a bloody fool I have been!"?
Millionaires will definitely protect themselves and their families. Powerful people are even more scare of dying. That's why they have body guards.
Covid-19 Online News Summary:
1. Number of deaths worldwide now more than 3,000.
2. More than 90% are in Hubei, China, but there have been deaths in more than 10 other countries.
3. European Union's Disease Prevention Agency raises risk level to "moderate to high".
4. South Korea reports 476 new cases, a total of 4,212, and a death toll of at least 28.
5. The leader of a South Korean church linked to the outbreak gets on his knees to apologise, as murder investigation on him by South Korean police is still on-going.
6. Italy has had more than 2,000 cases, with a death toll of at least 52.
7. Six Americans have died, all in Washington state. Four more after last report. It's a 200% increase in the US death toll.
8. These countries have just started to report their cases for the first time (not necessarily their first cases):
(1) Indonesia,
(2) Senegal,
(3) Jordan,
(4) Iceland,
(5) Portugal,
(6) Armenia,
(7) Czech Republic,
(8) Andorra,
(9) Republic of Ireland (South Ireland).
This bring the total number of countries having infections by the Covid-19 viruses to at least 59, because there are many countries in Africa, Middle East and Latin America still do not have the test kits, or not testing their citizens, or not reporting.
Additional Report To Above Summary:
In addition to the above list, add Saudi Arabia, Qatar, Ecuador, and Luxembourg. This brings the total to 63 countries reported their confirmed cases of Covid-19 infections.
The official name keep changing. The minds at the UN are as illusive as the coronavirus itself. It's changed to Sars-CoV-2.
Cases in Iran, Italy, Germany and France have jumped over-night. The death tolls in Iran and Italy, though seemingly under-reporting, are climbing very steeply - 66 deaths in Iran and 52 deaths in Italy.
South Korea, Japan, Italy and Iran have become the main focus points outside China. As cases in China are reducing, cases in these countries are increasing very quickly.
Read more:
https://www.bbc.com/news/world-51235105
That guy biggest bullshiter and con man lar if u believed in him. By the way I am very liquid in cash and gold so when your pot becomes 3 or 4 figures, cash is king. May be u will even offer your wife or daughters for me to screw for cash. Pathetic idiot
Ya good luck Man?!
With so many deaths from influenza each year, who knows whether some deaths due to coronavirus could have been classified or attributed to the influenza bug.
Moreover, tests for influenza are so expensive and many could not even afford such tests, so how transparent are the figures for the USA or even other Western countries?
People who are super quick to blame others are probably the quickest to deny any wrong.
Brainwashing is the worse mental therapy that the human beans once been brainwashed by their religions and philosophy will become like zombies.
They would not believe what's others tell them otherwise.
Just like the daft stupid Mats who believed in seven virgins for them when they died as heros in killing other non believers in their religion.
Killing others like terrorists made them heros and what's sins they committed with their seven virgins.
Cheeko bastards
Covid-19 Infections in the USA:
California, Florida and Washington state have declared a "state of emergency".
The total deaths from the Corona-virus disease in the US is now 11.
The 71-year-old man who died in California had underlying health conditions and had been on a cruise ship, said officials.
Eleven passengers and 10 crew members are potentially infected on board the Grand Princess now being held off the coast of California.
There are now at least 150 reported US patients with Covid-19 in 16 states. (This number is surely grossly under-reported, because many of the sick as well as the dead US residents have not been / are not being tested for Covid-19 virus infections.)
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