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News & Articles By JD Heyes
02/20/2020
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By JD Heyes
Wuhan coronavirus threatens to DESTROY commerce throughout China as just 34% of businesses have enough cash flow to stay open for longer than a month
If Wuhan coronavirus (COVID-19) continues to spread throughout China at its current rate and the government finds no good way to control it, millions of workers are going to be laid off from their jobs as two-thirds of small-to-medium businesses fail. According to a Google translation of a Yahoo! Taiwan story, the virus is continuing […]
02/19/2020
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By JD Heyes
RIPPLE EFFECT: Huge disruptions in pharmaceutical supplies reported in INDIA after Wuhan coronavirus disrupts production in China
As we’ve been reporting now for several weeks, the spreading Wuhan coronavirus (COVID-19) is much worse than the Chinese government has said. There are thousands more infections, according to various reports, and plenty more deaths — so many, in fact, that funeral homes are paying more than $143 an hour in order to attract enough […]
02/16/2020
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By JD Heyes
China’s power consumption plunges as coronavirus pandemic shutters factories; economic numbers certain to plunge next
Several analysts have been keeping an eye on China’s internal economic activity as another way of gauging how severe the coronavirus spread really is and how drastic the government’s actions are to contain it. Over the past few days, these analysts have been able to piece together a number of indicators suggesting that a) the […]
02/15/2020
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By JD Heyes
Chinese factory employees forced to return to work amid widening coronavirus outbreak, then get QUARANTINED
The Chinese economy grew at double digits for nearly two decades because the country literally became the world’s factory, producing everything from toys to computer components. But when the coronavirus outbreak began, the Communist government had to quarantine tens of millions of people in an effort to contain it. In doing so, thousands of Chinese […]
02/14/2020
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By JD Heyes
Commerce and economic activity in China comes to virtual standstill amid worsening coronavirus outbreak
What would happen if the world’s second-largest economy were to grind to a halt for any length of time? And what impact would the collapse of the second-largest economy have on global commerce, especially if that country was responsible for grinding out the lion’s share of consumer goods and spare parts for most of the […]
02/11/2020
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By JD Heyes
Is another subprime mortgage bubble just over the horizon? Industry seeks to eliminate debt-to-income rules that caused the last one
About a decade ago, thanks to crazy loose government rules that allowed mortgage companies to offer insanely low payments and interest rates on insanely expensive property to people who had no ability to pay for it, we seem on the precipice of repeating that disaster. In 2007, the bottom fell out of the U.S. housing […]
02/10/2020
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By JD Heyes
U.S. consumers got hooked on cheap Chinese imports but the coronavirus is about to expose what a HUGE mistake this was
For more than two decades, horrible trade arrangements and political graft gave China a huge economic advantage over the U.S. As American economic growth slipped from 4-5 percent per year to a ‘new normal’ of between 1.5-2.5 percent, Chinese economic growth skyrocketed to annual double digits. The money has allowed successive Chinese leaders to modernize […]
02/09/2020
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By JD Heyes
China FLOODING the markets with liquidity to counter any loss of faith stemming from the coronavirus pandemic and a looming supply chain catastrophe
By week’s end, there were still more signs that China is having great difficulty controlling the spread of the coronavirus — so much so that the country’s Communist leaders have begun taking drastic measures to keep their economy, and that of most of the world, from collapsing. First, Chinese leaders extended the country’s Lunar New […]
02/09/2020
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By JD Heyes
Coronavirus now disrupting China’s shipping industry, which will lead to collapse of global supply chain
As bad as coronavirus is getting in China where the outbreak originated, the effects of the bug are soon going to be felt the world over, even in places where it has yet to make an appearance. As reported by The Epoch Times, the pandemic is beginning to cause major disruptions in China’s shipping industry […]
02/02/2020
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By JD Heyes
China plans on injecting $174 billion into markets to calm coronavirus jitters, suggesting outbreak is much worse than reported
The Chinese government’s history of being dishonest and secretive regarding its internal affairs is legendary, but the Communists who run the show sometimes do things that give away their concerns. By now, most people know that a new strain of coronavirus, which began in Wuhan, a city of 11 million in central China, is sweeping […]
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