4 Replies to “Viktor Orban moment at Conservative Conference in Italy today”
He’s right. Once this high business cycle ends it won’t be any easier for him or PT.
Once the high business cycle ends things are going to get nasty.
I do agree what goes up, does come down. The Law of Gravity.
I’m deeply immersed into China at this moment. The country has shut down many of its manufacturing plants for a period of one month, as well as almost all gather gathering places and companies where there are a certain number of employees. Schools included.
The ‘virus’ is an economic-killing machine. And the people are very angry toward their government. So many are isolated, boarded up, forbidden to leave their homes with no fixed time period.
What I’m seeing now is people whose families died and hospitals so full they no longer accept patients. People that can’t return to their homes because they have a fever but no hospital access – people that are killing themselves, walking around with machetes in hand to attack the police, all kinds of terrible things. People defying their boarded apartments and escaping by way of roofs.
When you have nothing to lose, you lose nothing.
I foresee a revolution in China of the size we’ve never seen. And they will eventually be needing a rebuild of their economy through economic deals. Notwithstanding the companies that will have left China.
Thus, I don’t see the economy tanking anytime soon. Maybe, after 2024.
I wonder, Sassy. By now we’ve seen very credible, scientific commentary matter-of-factly looking at this thing and saying there’s no reason to panic, with other dubious sources freaking out. I think Eeyore posted yesterday a doctor saying the bio-engineered weaponized virus that escaped the Wuhan lab is a bogus theory. Yet, did a credible source (not sure if it was the CDC) come out yesterday saying a U.S. epidemic was inevitable?
I think it’s safe to assume the ChiComs are lying to the world. Their own people will know this and the animus will grow. So we are left with the big questions such as how bad is it really in China? Machetes? Really? What is the real economic impact both inside China and abroad? Will supply chains be disrupted? Because if they are we could see this turn into a Black Swan event, which is an economic term for an unforeseen event that wreaks economic havoc. Will interrupted supply chains help repatriate manufacturing to the U.S., as PT has been wanting, or will this tank the economy thereby preventing his re-election? Can American ingenuity adjust fast enough to a tectonic shift back to a North American-based industrial renaissance? Because this is an idea worth considering, imho:
Seizing on a temporarily crippled China may be just the monumental ticket we need. And forget about any calls of “how dare I try to capitalize on the misery of others” bs. Forget this. ChiComs reap what they sow. If Chinese industrial output is truly affected by this on a GDP-killing scale, then now is the time to offer incentives for companies to leave. Besides, the ChiComs have stolen so much know-how from foreign sources it’s disgusting. Those criminals deserve hanging.
Meanwhile, back at the ranch, erase the U.S.-Canada border, abolish crippling trade unions, re-control ports and perimeter borders, execute drug dealers, go back to a Free Gold Standard (Canada has enough gold deposits to Make America Solvent), and revamp our childrens’ education system with a classical education. Student delinquents get corporal punishment and then military service. What have I left out? And do it all practically overnight. Am I crazy or does my hope simply spring eternal?
So many good questions to ask. Here’s a Slimes take:
He’s right. Once this high business cycle ends it won’t be any easier for him or PT.
Once the high business cycle ends things are going to get nasty.
I do agree what goes up, does come down. The Law of Gravity.
I’m deeply immersed into China at this moment. The country has shut down many of its manufacturing plants for a period of one month, as well as almost all gather gathering places and companies where there are a certain number of employees. Schools included.
The ‘virus’ is an economic-killing machine. And the people are very angry toward their government. So many are isolated, boarded up, forbidden to leave their homes with no fixed time period.
What I’m seeing now is people whose families died and hospitals so full they no longer accept patients. People that can’t return to their homes because they have a fever but no hospital access – people that are killing themselves, walking around with machetes in hand to attack the police, all kinds of terrible things. People defying their boarded apartments and escaping by way of roofs.
When you have nothing to lose, you lose nothing.
I foresee a revolution in China of the size we’ve never seen. And they will eventually be needing a rebuild of their economy through economic deals. Notwithstanding the companies that will have left China.
Thus, I don’t see the economy tanking anytime soon. Maybe, after 2024.
I wonder, Sassy. By now we’ve seen very credible, scientific commentary matter-of-factly looking at this thing and saying there’s no reason to panic, with other dubious sources freaking out. I think Eeyore posted yesterday a doctor saying the bio-engineered weaponized virus that escaped the Wuhan lab is a bogus theory. Yet, did a credible source (not sure if it was the CDC) come out yesterday saying a U.S. epidemic was inevitable?
I think it’s safe to assume the ChiComs are lying to the world. Their own people will know this and the animus will grow. So we are left with the big questions such as how bad is it really in China? Machetes? Really? What is the real economic impact both inside China and abroad? Will supply chains be disrupted? Because if they are we could see this turn into a Black Swan event, which is an economic term for an unforeseen event that wreaks economic havoc. Will interrupted supply chains help repatriate manufacturing to the U.S., as PT has been wanting, or will this tank the economy thereby preventing his re-election? Can American ingenuity adjust fast enough to a tectonic shift back to a North American-based industrial renaissance? Because this is an idea worth considering, imho:
Seizing on a temporarily crippled China may be just the monumental ticket we need. And forget about any calls of “how dare I try to capitalize on the misery of others” bs. Forget this. ChiComs reap what they sow. If Chinese industrial output is truly affected by this on a GDP-killing scale, then now is the time to offer incentives for companies to leave. Besides, the ChiComs have stolen so much know-how from foreign sources it’s disgusting. Those criminals deserve hanging.
Meanwhile, back at the ranch, erase the U.S.-Canada border, abolish crippling trade unions, re-control ports and perimeter borders, execute drug dealers, go back to a Free Gold Standard (Canada has enough gold deposits to Make America Solvent), and revamp our childrens’ education system with a classical education. Student delinquents get corporal punishment and then military service. What have I left out? And do it all practically overnight. Am I crazy or does my hope simply spring eternal?
So many good questions to ask. Here’s a Slimes take:
https://www.nytimes.com/video/world/asia/100000006947043/wuhan-residents-coronavirus.html?playlistId=video/asia-pacific
Here’s Goldman on the potential economic impact:
https://www.zerohedge.com/economics/coronavirus-will-whack-2-global-gdp-growth-q1-goldman