taiwanboy

6 ms·

1.
by taiwanboy 6y ago
Misinformation. There were still Wuhan tourists as late as 1/28 https://www.dailymail.co.uk/news/article-7937943/amp/Air-pas...
2.
by taiwanboy 6y ago
China didn’t let taiwanese citizens leave Wuhan then. What’s the excuse there?
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by taiwanboy 6y ago
You have to take a macro view however. China was in recession/depression before shutting down their entire economy for almost 2 months and have barely recovered. They suffered a supply shock. And now because the entire worlds demand ha
4.
by taiwanboy 7y ago
Nope that’s not it. Do you see China running out of masks right now? No of course not. They have so much they are “donating” to other countries. They have the world’s capability to make masks.
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by taiwanboy 7y ago
Since we are starting off with a partisan attack. The reason we don’t have enough face masks is because we have moved all our medical supply chain to China. The reason we were able to do that is because during the Clinton administration we
6.
by taiwanboy 7y ago
You are being a bit naive about journalism in an authoritarian country that has control over digital media coming out of the country. The fact that this picture made it out (suggesting that image recognition/AI censor rules are still n
7.
by taiwanboy 7y ago
https://mobile.reuters.com/article/amp/idUSKBN21A014 China sees drop in new coronavirus cases; all new cases imported, March 22 https://www.reddit.com/r/China/comments/fmz3d6/wh
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Roche Ships First 400,000 Covid-19 Tests(contractpharma.com)
5 points by taiwanboy 7y ago|0 comments
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by taiwanboy 7y ago
I said China’s economy collapsed 80-90% in the LAST month
10.
by taiwanboy 7y ago
Closing down schools, banning large gatherings, setting up drive thru testing, ramping up test kits next week, letting employees to work from home, closing borders to China and Europe (25k cases), etc
11.
by taiwanboy 7y ago
With interest rate at near 0 percent and inflation at 2.3%, people will come back to stocks sooner rather than later
12.
by taiwanboy 7y ago
Game over is an exaggeration. There’s 3.4 trillion sideline cash. China’s economy collapsed 80-90% in the last month and will take months to recover, on top of exploding debts. Japan and Germany was in recession before coronavirus hit. On t
13.
by taiwanboy 7y ago
The government can simply ban shorts, much like 2008, and what other European stock markets have done already. That would kill the shorts dead in its tracks. Then the stock market would stabilize, in time for businesses to stabilize and ho
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by taiwanboy 7y ago
This is a global health crisis that happens to impact millions of workers who are now worried they might contract coronavirus or they might lose their jobs if they were in some of the more impacted industries. To be shorting and attacking t
15.
by taiwanboy 7y ago
Disingenuous comparison. Ministers of foreign affairs in China is similar to Secretary of State in US. A senator is nowhere near equivalent.
16.
by taiwanboy 7y ago
The CIA rumour is no less raised by the CHINESE FOREIGN MINISTRY spokesman https://www.businessinsider.com/chinese-official-says-us-arm...
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by taiwanboy 7y ago
US ability to make and distribute medicine and medical supplies is falling apart and it’s a direct result of consolidation of supply chain and factories that make it. 4 power buyers buys control over 90% of generic drug for US. And probably
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by taiwanboy 7y ago
These days companies are VERY tied to quarterly EPS guidance and stock prices. Layoffs and adjustments closely follows that as well.
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by taiwanboy 7y ago
Folks. Companies listed on the stock market hire average folks who need the money to provide for their spouses and kids. Companies that provide staples to you like food and gas and transportation and medical supplies. These are the companie
20.
by taiwanboy 7y ago
This is to help an otherwise very healthy US economy (low unemployment rate, solid gdp growth, income increases) from being taken down by an one time external, expiring event and panic that flows from it. What is the point not supporting cr
21.
by taiwanboy 7y ago
I beg to differ. US was the first major country to ban travel from China. Other countries only followed suit after. South Korea, Japan, France, Germany and Italy never did, and see where they are now.
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by taiwanboy 7y ago
Excluding China (which they wisely banned early) and South Korea (one city daegu is the center and majority of infection) there is only japan with 639 cases. Europe has close to 20,000 cases. But if an Asian country’s cases quickly spikes,
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by taiwanboy 7y ago
US is closer in blood to Europe and it shut down travel form Europe. Asia would be an easy/quick call for this administration.
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by taiwanboy 7y ago
Mexico wages are already lower than wages in China. In fact, chinalawblog.com talks a lot about companies shifting to Mexico due to USMCA and short turnaround for supply chain. https://www.chinalawblog.com/2020/03&#x2F
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by taiwanboy 7y ago
South Korea has tested 66k 2 days ago. China has no such capacity to test even that much, let along 800 million in quanrantine, and people have been welded in their own homes with no escape. The dead bodies have been going straight to the
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by taiwanboy 7y ago
Countries that are heavily affected right now primarily have open borders with China (still!!?) - japan, South Korea, Italy, Iran, with tons of Chinese workers going back and forth
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by taiwanboy 7y ago
I don’t know if it’s going to pop up everywhere. It’s more hitting the counties that have open borders with China still.
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by taiwanboy 7y ago
I am not sure they have slowed down the virus - coronavirus have been shown to reappear in recovered patients in China (prob due to the unsanitary conditions in cities) - they have welded people in their homes. How would they have tested t
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by taiwanboy 7y ago
Every country needs to take a hard look at the supply chain of critical goods such as medical supplies or chemicals and figure out how to reshore these factories. Even if the Chinese migrant workers comes back to the factory (estimated only
30.
by taiwanboy 7y ago
Trade deficit - going way down wrt China. Also, dollar is strong, and we turn commodities from other countries into more valuable goods that we export. Record fiscal deficit/gov debt - hard to judge without also looking at gdp + asset

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