This is exactly what was already happening. China was going broke before SARS-CoV-2 (the actual virus name). The disease, accidental or not, was a perfect opportunity for Xi to save face as manufacturers were leaving in droves due to Trump trade war and USMCA. The crashed market is great camouflage for companies who have to take a massive hit in restructuring costs and supply line disruptions as they move to Mexico. The Fed is being super helpful with low interest rates. This is all temporary pain with lots of long term gain. See ya' Commies!!!
This is exactly what was already happening. China was going broke before SARS-CoV-2 (the actual virus name). The disease, accidental or not, was a perfect opportunity for Xi to save face as manufacturers were leaving in droves due to Trump trade war and USMCA. The crashed market is great camouflage for companies who have to take a massive hit in restructuring costs and supply line disruptions as they move to Mexico. The Fed is being super helpful with low interest rates. This is all temporary pain with lots of long term gain. See ya' Commies!!!