Featured COVID + ~ The INVISIBLE ENEMIES

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China In A Bull Shop

Friday morning’s DOW futures are heavily in the red, and it does not portend well for the stock market. We’ve seen a 10-year bull market and some were saying the market could never go down, especially with the endless quantitative easing. Some said there was no other viable place for money to go, so the market would go up ad infinitum. A new paradigm of sorts. When you hear talk like that, it usually means the market has topped, but this bull just kept running up further no matter what.

Nothing could touch the Teflon market bubble. It’s a bubble that showcases unreasonable valuations (Tesla, for example), but the bubble kept inflating no matter what. Those that shorted it quickly turned into losers and were forced to cover—thus adding more fuel to a perma-bull market on fire.

It took China’s coronavirus to change all that. Now it’s a matter of just how much damage will be done. I’ve become accustomed to seeing the market always turn bright green after a few red days. Will Friday be the turnaround day? It remains to be seen and my crystal ball broke a long time ago, but it strikes me now that this market may not be just another buying opportunity.


Caution is advised.

—Ben Garrison

 

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Coronavirus news caused the Dow to crash by around 1,000 points on Monday. As this cartoon is published it may be way up again if the Plunge Protection Team jumps in to support it.

Fear of the virus forced stocks into correction mode, which was actually way overdue. The stock market has been in a bubble and mostly out of touch with economic reality. It has become a place for easy money to go, since there isn’t much return elsewhere.

The virus also shows how much the globe has become reliant on the cheap labor and lax standards in China. The shutdowns due to the virus have wreaked havoc on production. It’s a sure sign that we depend too much on a nation that’s ruled by a backward clique of communist tyrants.

Oil prices continue to crater along with industrial metals such as copper, due to the shutdowns and quarantines. Oil in particular was already in a bear market due to oversupply.

Meanwhile I’m sure the Democrats would be delighted by a stock market and economic crash. The Fidel Castro-loving Bernie Sanders would love it. Comrade President of the USA? It makes me sick just thinking about it.

—Ben Garrison

 

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Maria Speaks with Senator Cotton Today about Coronavirus Epidemic

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"This virus did not originate in the Wuhan animal market," Cotton said. "Epidemiologists who are widely respected from China who published a study … have demonstrated that several of the original cases did not have any contact with that food market. The virus went into that food market before it came out."

"We also know that just a few miles away from that food market is China’s only biosafety level 4 super laboratory that researches human infectious diseases. Now we don’t have evidence that this disease originated there, but because of China’s duplicity and dishonesty from the beginning we need to at least ask the question," Cotton continued.

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Qiushi apparently — and I say apparently because I cannot independently verify Qiushi’s statements in the video — was doing citizen journalism to warn the outside world about the disastrous situation faced by China’s disorganization and failure in quelling the outbreak of the virus.

According to multiple sources Qiushi has now disappeared. Social media statements coming out of China, sources in the region and Bloomberg has since reported his disappearance. However, it is uncertain if he is in hiding or if he has been located by the Chinese government and taken into custody for his reports. Social media platforms such as Twitter, Instagram and WeChat have been some of the only outlets for the people of China to get the truth out about the outbreak and how it’s being handled by the communist government.

On The Sara Carter Show, I interviewed Gordon Chang, who lived in China for roughly 20 years and is the author of the book “The Coming Collapse of China.” Gordon, who is a renowned expert on the Far East, told me that China has manipulated the actual number of infections and deaths related to the Wuhan virus, created a propaganda campaign to blame the United States for the outbreak and has blocked journalists from reporting the facts about the outbreak. SaraACarter.com is continuously publishing news updates of the coronavirus outbreak with the latest numbers from Johns Hopkins University map tracker.

The Wuhan Coronavirus has been designated a global health emergency by the World Health Organization and medical experts believe it is only a matter of time before the WHO and CDC designate it a global pandemic. According to Johns Hopkins there are 34,963 people infected with the virus and 725 deaths. Remember, the situation is fluid and the numbers change by the hour and the day.

“The Chinese people right now are completely focused in on trying to save themselves, but when this disease passes and this could be June or July, we’re gonna see the recriminations dominate the narrative in China,” said Chang on Thursday’s podcast. “Already we had a longtime critic Xinhua University in Beijing come out and call for Xi Jinping, the Chinese ruler, to step down and I think that shows that people right now are bold and they’re bold because they know that so many people support them. And when people lose their fear, and that’s exactly what’s occurring right now, then governments can change.”

Chang told me “there’s been a paralysis at mid to low levels of governance in China.”

He noted that the “videos of the hospital in Wuhan being built in ten days and all of the lights in the Wuhan buildings with these messages to cheer on the people, but the point is that at the middle to the lower levels there is a paralysis.”

There are also looming questions about where the virus originated and whether, as Sen. Tom Cotton, R- questioned during a hearing on the matter last week if the virus escaped out of a biosafety level-four facility located in Wuhan. Biosafety level-four facilities are laboratories are used to diagnose and study viral pathogens that can be deadly.

“We still don’t know where coronavirus originated,” said Cotton. “Could have been a market, a farm, a food processing company.”

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"Fear is a second virus"

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