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03/06/2020 / By JD Heyes

Billionaire investor Ray Dalio warns of “worst-case scenario” with Coronavirus that could wipe out savings and destroy markets

Billionaire investor, hedge fund manager and founder of one of Bridgewater Associates said in an online post this week that the Wuhan coronavirus (COVID-19) has the potential to become a once-in-a-lifetime pandemic. Worse, he noted, though admitting he’s no virus expert, he believes that if the outbreak becomes a global pandemic and ordinary people with […]

03/06/2020 / By Ralph Flores

World Bank commits $12 billion in aid for countries hit by coronavirus, but experts are bracing for a global recession

The World Bank on Tuesday has committed $12 billion in aid to help countries with the health and economic impacts of the global coronavirus (COVID-19) outbreak. The emergency aid package will include low-cost loans, grants and technical assistance, and is designed to provide a fast and reliable response for developing countries, especially those that are […]

03/01/2020 / By JD Heyes

British health secretary issues shock warning that entire CITIES could be shut down over coronavirus if spread continues

Just when you thought maybe the Wuhan coronavirus’ global spread may be petering out and that the world could take a step back from the pandemic abyss, another alarming report surfaces to make you think conditions are not improving at all. We already know that the virus has spread well beyond the borders of China, where it […]

02/23/2020 / By JD Heyes

China’s economy continues to collapse as domestic car sales plunge a whopping 92% on spread of Wuhan coronavirus

Chinese President Xi Jinping finally made a public statement about the rapid, uncontrolled spread of the Wuhan coronavirus over the weekend, and it wasn’t optimistic. As reported by the South China Morning Post and republished by POLITICO, Xi made an “unprecedented” teleconference call that was open to every county government and military unit throughout the […]

02/21/2020 / By Tracey Watson

Coronavirus poses more than just a global health threat; it could also result in global economic collapse

Whoever came up with the idea of the global village clearly never thought about how a disaster in one part of the village would affect all the other residents. The 2008 global financial crisis is a prime example of why interconnecting the entire planet’s financial health is a seriously bad idea. Depreciation in the subprime […]

02/16/2020 / 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 / By Mike Adams

The coronavirus achieves all the top priorities of the globalists: Depopulation, authoritarian government and elimination of the elderly who no longer contribute tax money

If the Wuhan coronavirus (CoVid-19) pandemic began from an “accidental” release, it sure was a happy accident for the globalists. Everything the pandemic is achieving just happens to perfectly fit the top priorities of the globalist agenda. Consider the following: – The coronavirus pandemic is currently on track to infect 60% – 80% of the […]

02/15/2020 / 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 […]

02/15/2020 / By Ethan Huff

Apple shuts down Foxconn facility in China due to coronavirus (no more iPhones?)

While most people are focused on the direct human impact of the Wuhan coronavirus in terms of its risk of spread, far fewer are paying attention to the dire economic impacts of having to keep Chinese factories closed due to the outbreak, including at least one factory owned and operated by Apple iPhone maker Foxconn. […]

02/14/2020 / 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 […]

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