Cost of doing business with China? COVID-19

[heronblue7]

How many Billions of dollars is COVID-19 costing us?

Is Apple going to help pay for it?

The Chinese have 5000 year old disgusting culinary habits that put our health an economy at risk.

Eating Bats?

Eating Asian armadillos?

Eating rats and snakes?

WTF

Chinese labor ain’t so cheap after all.

Fuck those grimy bastards.

 

[Centuriator]

EXACTLY.

China, in spite of all their efforts to the country is a "poop hole" country where the vast majority live in unsanitary conditions EVERYWHERE. The "show piece" cities do their best.

Otherwise, they are just a few steps above North Korea.

And why do all the weirdo viral mutations come from there? Because...see above.

 

[TheGerman]

On the positive side, its costing them even more. They were already hurting after tarriffs. Now having your manufacturing shut down and your workforce sick/quarantined/not at work is going to be devastating to them.

Fuck China. Anyone who is smart is looking for a way to replace them especially now, because in the long run, we don't actually need them.

Their '100 year march' looks like its going to be them marching off the end of a cliff while the rest of us laugh at them.

 

[heronblue7]

Doing business with China is the equivalent of doing all your Christmas shopping on Craigslist.

It’s stupid and not worth the risk.

 

[Nik H]

If you think that this was caused by culinary habits, you need to improve your source of information.

This was an engineered antigen that was produced in the US by a Chinese national who is a virologist that we paid and the Chinese paid. The initial cells were furnished by Ft. Detrick that came from bats.

Stop believing the MSM and you will be better off

BTW...this was the best moonshine I ever had and it was in China

 

[gimpy]

If you think that this was caused by culinary habits, you need to improve your source of information.

This was an engineered antigen that was produced in the US by a Chinese national who is a virologist that we paid and the Chinese paid. The initial cells were furnished by Ft. Detrick that came from bats.

Stop believing the MSM and you will be better off

BTW...this was the best moonshine I ever had and it was in China

View attachment 7270406

If you think that this was caused by culinary habits, you need to improve your source of information.

This was an engineered antigen that was produced in the US by a Chinese national who is a virologist that we paid and the Chinese paid. The initial cells were furnished by Ft. Detrick that came from bats.

Stop believing the MSM and you will be better off

BTW...this was the best moonshine I ever had and it was in China

View attachment 7270406

Use Occam’s razor and the simplest conclusion is the commies we’re playing with bats. It’s come out that the specific bats that carry this disease were being tested at a research facility in Wuhan where there were 2-3 incidents with the bats either bleeding or defecating on scientists

 

[OldSalty]

Trillions in market cap.

But IMO jury is still out. China is reportedly getting the spread under control and new infections are leveling off.

The US is just getting started. Given our approach this far, lack of test kits, long turn around times, going about business as normal...we will see.

May just blow over and die out. Or maybe not...

 

[Nik H]

Use Occam’s razor and the simplest conclusion is the commies we’re playing with bats. It’s come out that the specific bats that carry this disease were being tested at a research facility in Wuhan where there were 2-3 incidents with the bats either bleeding or defecating on scientists

The base cells came from Fort Detrick in Maryland

Used to be the US Army Biowarfare center

 

[Nik H]

Trillions in market cap.

But IMO jury is still out. China is reportedly getting the spread under control and new infections are leveling off.

The US is just getting started. Given our approach this far, lack of test kits, long turn around times, going about business as normal...we will see.

May just blow over and die out. Or maybe not...

2 months ago Italy was where we are today

 

[PolarisBreach]

2 months ago Italy was where we are today

I'd say 2 weeks ago. We're already over 1000 cases. Even with the small handful of test kits going around, it's a safe bet we'll have 2000 confirmed cases by the end of the week. We need to shitcan every GS15 and above at the CDC. They've botched every aspect of the response to the virus.

 

[Nik H]

I'd say 2 weeks ago. We're already over 1000 cases. Even with the small handful of test kits going around, it's a safe bet we'll have 2000 confirmed cases by the end of the week. We need to shitcan every GS15 and above at the CDC. They've botched every aspect of the response to the virus.

Botched implies intent to do it properly

 

[E. Bryant]

China has cost us far more than just what we've witnessed in the last few weeks, and anytime who is just waking up to this now is a certified moron who shouldn't be allowed to vote.

The country took our jobs, it stole our intellectual property, and grew itself into our largest strategic adversary, all while we fooled ourselves into believing the fairy tale of "free trade". We dismantled the greatest economic machine in the history of mankind (and disenfranchised those that built and ran it) . But hey, I can buy cheap brake pads at AutoZone, so it was all worthwhile, right? 'Merica!

 

[E. Bryant]

The base cells came from Fort Detrick in Maryland

Used to be the US Army Biowarfare center

So if this thing was a bioweapon, are we going to treat it with the same level of seriousness that we did with "weapons of mass destruction" post-9/11? Of course not - China is a trading partner that has helped transfer trillions of dollars from the middle class into the pockets of the rich. We have to protect that relationship at all cost.

Since we're going to keep racking up national debt at the rate of $1 trillion/year until the number is so large as to become meaningless (as if $22T isn't already at that point), what I'd like to see from Trump is a proposal to repatriate any industry that had moved to China in the past 25 years (let's pick a timeframe that pins this on Clinton, since he's largely responsible for starting this bullshit). Let's allocate, say, $5T over the next five years to make this happen - some combination of tax breaks, grants, loans, etc. We can find some technocrats to develop fancy ways to divide up the money, but the fundamental principle is that a company doesn't receive a dime if they continue to source anything from China - right down to the smallest screw.

Would it suck in the short term? Maybe; we'd find out really quickly what is valuable enough to be made domestically, and what was only interesting when it was made cheap by temporarily leveraging artificially-cheap labor. But if an iPhone is rendered unattractive by a 10-15% bump in the price tag, maybe it wasn't all that great of a product in the first place.

 

[Nik H]

So if this thing was a bioweapon, are we going to treat it with the same level of seriousness that we did with "weapons of mass destruction" post-9/11? Of course not - China is a trading partner that has helped transfer trillions of dollars from the middle class into the pockets of the rich. We have to protect that relationship at all cost.

Since we're going to keep racking up national debt at the rate of $1 trillion/year until the number is so large as to become meaningless (as if $22T isn't already at that point), what I'd like to see from Trump is a proposal to repatriate any industry that had moved to China in the past 25 years (let's pick a timeframe that pins this on Clinton, since he's largely responsible for starting this bullshit). Let's allocate, say, $5T over the next five years to make this happen - some combination of tax breaks, grants, loans, etc. We can find some technocrats to develop fancy ways to divide up the money, but the fundamental principle is that a company doesn't receive a dime if they continue to source anything from China - right down to the smallest screw.

Would it suck in the short term? Maybe; we'd find out really quickly what is valuable enough to be made domestically, and what was only interesting when it was made cheap by temporarily leveraging artificially-cheap labor. But if an iPhone is rendered unattractive by a 10-15% bump in the price tag, maybe it wasn't all that great of a product in the first place.

Let Trump know...I am sure he, or for that matter any other politician, will jump on that initiative.

The days of US produced widgets are gone...the NSA even outsources rocket launches since we don't do it anymore...90% of MEDICAL SUPPLIES and 75% of DRUGS come from China. You going to rebuild that infrastructure

Remember unions....I know there was a time when they served the working man admirably; but just like any other organization greed took over. Then Wall Street jumped in and fostered corporate profits over the US working man aka the Middle Class and voila...you have the shit sandwich today...

My Dad used to say that life is like a shit sandwich. The more bread you have the less shit you eat.

The US has little bread now and FUSA will have a new slogan

ALL of DC could give a flying fuck about US manufacturing....turn the page

 

[wh20crazy]

Wasn't there some kind of protesting going on over in China recently? What happened with that?

 

[Khavic]

Wasn't there some kind of protesting going on over in China recently? What happened with that?

Bingo!! China was looking like the shit hole they are on television and had to create a mass distraction. WuFlu is a bio weapon released by China on their own people.

 

[Mr.BR]

When dust settles China might be far better off than most of the western world simply because it will likely already enter the recovery period while pain only realy starts for our economies. Not only that COVID19 will enable them to quietly throttle back some of the excessive capacity further positioning them well for post COVID19 economy.

If the rate of new Infections out of China is remotely true (under 20 new cases today), they are only 2-3 weeks from starting a recovery while pandemic is only kicking of in rest of the World-


Past couple of admins including this one made sure that US financial market is a tinderbox ready to go up in flames at any time while also exhausting plenty of 'ammo' just to make the pyre a bit higher and more flamable.

 

[heronblue7]

We need to totally rethink our relationship with the third world.

This outbreak has cost us billions if not trillions of dollars.

Bio security must become a priority.

Permanent quarantine measures should be considered for certain countries.

 

[Rangemaster]

The supply chain for construction components is already affecting us. Only a matter of time before construction starts to slow down for lack of materials. This will take months to recoup from if things start coming back in.

 

[FS1]

The Corona virus just proves that our critical supply chain should not be anywhere else but here. Go Trump.

 

[heronblue7]

China cannot be trusted.

Their refusal to allow our CDC in to Wuhan allowed the virus to spread for weeks.

If they had been transparent about the outbreak we likely would have contained the virus.

 

[Mr.BR]

Seriously ,the same CDC that has been unable to furnish 500 test kits for whole of US while everyone else was allready running thousands of tests !!?

 

[RyanScott]

Protip: China is lying about the numbers.

 

[heronblue7]

Protip: China is lying about the numbers.

I think Pelosi gave China the green light to release this.

Stopped the Hong Kong riots and marks trump look bad

Timing is too perfect.

If you don’t think we have Chinese agents in our .gov you are a fool.

 

[Alabusa]

This pandemic will only help the left and hurt Trump come November.

 

[BrianOravetz]

I did some consulting work a few years ago, and back then, the Chinese were barely hanging on and able to keep up with world demand for the capabilities that they offer, supposedly. 3 years ago, i put in a professional paper that China was going to have to do something radical to keep up with the world given their own internal infrastructure issues (transportation, commo/tech, power transmission and distribution (T&D)).

Their infrastructure is ancient and falling apart. It would cost China 3/4 of their transportation infrastructure budget to just bring 10 projects spread out over 8 provinces to the point where they are serviceable enough to operate. That does not include the sheer cost of communist bureaucracy, and the corruption at local levels. That does not even begin to cover and consider the costs for their tech/commo, and T&D infrastructures which are also absolutely failing.

Enter global economic uptick, especially in the States. China, in order to keep money flowing and able to manage their lending and debt service, now faces business demand that it cannot even come close to servicing. Then the US hit them with a sanctions hammer. As counterintuitive as it seems to China, it needs the world to slow down, and run at their level to actually keep revenues flowing.

The actual cost of this act will likely be incalculable. Literally.

 

[OldSalty]

China relies on export and the west's unsatiable mass consumerism.

The west is shutting the fk down.

Focus is on staples, house goods, food items and fkn yes...TP.

Wonder how the next (at least) 6 months of a dramatic shock in loss of demand for all the trinkets/widgets will cost china?

Additionally, with the impacts to US jobs, hits to 401ks, savings and run up of debt to buy staples...will people have the disposible income and appetite for all those trinkets?

China might have factories back online but is there going to be a demand? Likely yeah, but IMO not anywhere near what it was prior to all this chaos.

Its like jamming on the breaks and forceably getting US citizens off the china tit. Crazy.

So, who "wins" here?

 

[Diver160651]

On the positive side, its costing them even more. They were already hurting after tarriffs. Now having your manufacturing shut down and your workforce sick/quarantined/not at work is going to be devastating to them.

Fuck China. Anyone who is smart is looking for a way to replace them especially now, because in the long run, we don't actually need them.

Their '100 year march' looks like its going to be them marching off the end of a cliff while the rest of us laugh at them.

What the tariffs did, what the rising middle class does in a country like China, is push factories and industries to other emerging markets.

If you understand the system, you never want to be on the bleeding edge of emerging markets because the stuff is often shit, but rather ride the geographic tide just behind the edge once the QC is working. Unfortunately, spinning all our efforts on hating China is not going to stop the tendency for everyone in the US to want cheap goods. This is happening with almost every stand-up pouch to the electronics we buy.

We have to dig deep and support companies that make stuff in the US. I am guilty too, and need to change my tune. Maybe my favorite pack from KUIU, should be replaced with one from Kifaru, IDK. Shit is NOT going to change until we make sacrifices with our hard-earned cash.

 

[OldSalty]

Yep, problem is not many are going to "dig deep" and just start paying more to support us companies. Sorry.

But with the screeching brakes, that is an un/intended consequence.

 

[OldSalty]

I did some consulting work a few years ago, and back then, the Chinese were barely hanging on and able to keep up with world demand for the capabilities that they offer, supposedly. 3 years ago, i put in a professional paper that China was going to have to do something radical to keep up with the world given their own internal infrastructure issues (transportation, commo/tech, power transmission and distribution (T&D)).

Their infrastructure is ancient and falling apart. It would cost China 3/4 of their transportation infrastructure budget to just bring 10 projects spread out over 8 provinces to the point where they are serviceable enough to operate. That does not include the sheer cost of communist bureaucracy, and the corruption at local levels. That does not even begin to cover and consider the costs for their tech/commo, and T&D infrastructures which are also absolutely failing.

Enter global economic uptick, especially in the States. China, in order to keep money flowing and able to manage their lending and debt service, now faces business demand that it cannot even come close to servicing. Then the US hit them with a sanctions hammer. As counterintuitive as it seems to China, it needs the world to slow down, and run at their level to actually keep revenues flowing.

The actual cost of this act will likely be incalculable. Literally.

This has came into focus. Interesting for sure.

So basically a slow recovery assures that they can invest in the needed infrastructure to capture even more demand. This also would shelter them from a booming global economy where other countries can spin up alternative services to capture demand they couldnt accept given the growth.

So whats the counter?

 

[jcam]

C - China
O - origin
V - virus for
I - international
D - destruction

 

[Merovingian]

If you think that this was caused by culinary habits, you need to improve your source of information.

This was an engineered antigen that was produced in the US by a Chinese national who is a virologist that we paid and the Chinese paid. The initial cells were furnished by Ft. Detrick that came from bats.

Stop believing the MSM and you will be better off

BTW...this was the best moonshine I ever had and it was in China

View attachment 7270406

Dig the moonshine! But if you're going to post things like that, post your source info. Don't get me wrong, I'm a skeptical as the next guy. Just not a good time to present speculation as fact.

The genomic features described here may explain in part the infectiousness and transmissibility of SARS-CoV-2 in humans. Although the evidence shows that SARS-CoV-2 is not a purposefully manipulated virus, it is currently impossible to prove or disprove the other theories of its origin described here. However, since we observed all notable SARS-CoV-2 features, including the optimized RBD and polybasic cleavage site, in related coronaviruses in nature, we do not believe that any type of laboratory-based scenario is plausible.

The proximal origin of SARS-CoV-2 - Nature Medicine

www.nature.com

 

[camotoe]

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