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Sto(n)cks start falling from reduced production and consumption of products from China.
| Stocks worldwide have collapsed amid fears of the coronavirus, and difficulty in companies retrieving materials from China to use in production.
| Swedish Handelsbanken have also reported a sharp decrease in value for stocks in the Stockholm market.
| Some companies there losing over 10% of its average stock price.
| China's epidemic is gradually being brought under control
This momentum will continue until around April
| China's epidemic is gradually being brought under control
This momentum will continue until around April
| ????I sent it twice?
LOL~(ーωー*＊)оΟ〇
| ????I sent it twice?
LOL~(ーωー*＊)оΟ〇
| ????I sent it twice?
LOL~(ーωー*＊)оΟ〇
| Sorry, my browser seems to have crashed_(´_`」 ∠)_
| >>631744
That's a bug. Turn off "draw bar" under userscript settings and you'll stop double posting.
| What I am more worried about is that this might just be the catalyst that plunges the US into a full blown recession. There are many economic indicators saying we are in a recession but,the stock market has not reflected that or seem even fazed at all from that news being announced months before.
| >>631784 All I can say is to just wait and see.
On an unrelated note, crypto hasn't been affected by the coronavirus fears, though it might change on a whim.
| >>631738 Gradually, but China knows it can't lie their way out of this one since it bit their ass last time they pretended that there was no epidemic when people would just drop dead.
Otherwise they'd stick to their supposed superiority over the rest of the world.
| It took mistakes from the choices the Communist party made about SARS (being selective about what to say and what to allow foreign health workers to do) that made them speak differently about the new coronavirus.
I still see some behaviour from the SARS outbreak being applied today in Hubei province - censorship, awful vagueness, selective attitude from the government.
| Hopefully this leads to less manufacturing in China, reducing their importance in the Global economy is a good thing for everything right?
| * everyone, fuck I'm a retard
| Just hopingthe west drops the whole golbohomo plan
| >reducing their importance in the Global economy is a good thing for everything right?
No it's bad for profit. Profit runs best by exploiting people and environment.
| It's Time to buy high and sell low?
| Quite the opposite, unless you just wanna commit enormous bitcoin crash
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| https://www.nasdaq.com/articles/coronavirus-and-the-stock-market%3A-the-power-of-panic-2020-02-28
https://www.washingtonpost.com/business/2020/02/27/stock-market-dow-coronavirus/