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  • Coronavirus: The hit to the global economy will be worse than SARS

    From cnbc.com

    The new coronavirus outbreak will be worse for the global economy than the 2003 SARS epidemic was, data analysis firm IHS Markit predicts. While both outbreaks originated in China, nearly two decades separate the SARS outbreak from the new coronavirus outbreak. In that time, China has grown from the world’s sixth-largest economy to the second biggest today behind the U.S. The country has been a main growth driver worldwide, with the International Monetary Fund estimating that China alone accounted for 39% of global economic expansion in 2019. image “Coronavirus will have a larger negative effect on the global ... (full story)

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  • Ken A
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  • Feb 6, 2020 7:52pm Feb 6, 2020 7:52pm
  •  san99
  • | Joined Jan 2014 | Status: Member | 275 Comments
Quoting Ken A
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So China is a paragon of pure virtue and goodness?
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  • Ken A
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  • Feb 6, 2020 8:17pm Feb 6, 2020 8:17pm
  •  tmpascoe
  • | Joined May 2019 | Status: Member | 9 Comments
Conspiracy theorists brighten up my day. Thanks Ken A you've put a smile on my face
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1
  • Post #5
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  • Feb 7, 2020 4:24am Feb 7, 2020 4:24am
  •  Guest
  • | IP XXX.XXX.234.163
gold to be a safe haven for corona
 
 
  • Post #6
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  • Feb 7, 2020 7:02am Feb 7, 2020 7:02am
  •  ettrader
  • | Joined Aug 2009 | Status: Member | 504 Comments
nothing can stop the all time record highs in the stock market. Fed dancing Trump's tune Q4+++, slashing of rates, Trump tax cuts to come and the re-election of Trump, enormous trade deal with China in phase 2 investors are blind to Corona they do not care. It's a sure thing one way bet up for 2020 it FOMO on steroids
 
 
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  • Feb 7, 2020 9:36am Feb 7, 2020 9:36am
  •  smikester
  • Joined Mar 2007 | Status: Member | 879 Comments
Poor Ken A. Take a walk in the mountains or something. What must it be like to inhabit a mind like that?
 
 
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  • Posted: Feb 6, 2020 7:10pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 7  /  Views: 5,961
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