More Evidence of Coronavirus as Financial Reset

[Paycoinzzz]

We all know about the purpose of spreading China Virus. It's an inhumane act and they really want to rise up to dominate the world as soon as possible. but it's a dirty act and not a fair competition. I think Western countries and some countries that are seriously affected by epidemics should have sanctions against those who start the disease. I support this claim of justice.

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[Reatim]

There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.

Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.

[TheGreatPython]

It's an inhumane act and they really want to rise up to dominate the world as soon as possible. but it's a dirty act and not a fair competition. I think Western countries and some countries that are seriously affected by epidemics should have sanctions against those who start the disease. I support this claim of justice.

That is not proven yet but what we can do right now is the required thing for every country must think about. It is highly expected every aspect of our day to day life including finance related is going get reset. We are going to live a complete different life than what we had have in the past. We cannot have a regular income stream like before because industries are not going to run with all required 100% of employees which might lead to job losses. So, instead of looking for justice for unproven thing, governments must work of welfare of common people.

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Being defensive against virus or cured with already secretly invented medicine? We do not know what is exactly going on. But, China is trying to acquire all possible business world wide and at the same time many business are leaving China. From all these, we can assume world wide economic reset is going to happen for sure.

[michellee]

There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.

Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.

We don't know. But I heard that the virus is from the USA which sent to China to be analyzed, but somehow, there is a leak happen after it arrives in the laboratory. I can not believe that China can cure people after 4 months because it needs a long time to found the vaccine. Besides that, the other countries still working on to find the vaccine too, and they claim to need more months before it can be found.

[Assface16678]

Coronavirus is not a good thing to the most of the country at the first place when this pandemic outbreak is going to spread some of the transactions, businesses, trades, import, and export are rapidly stopped because they don't want to get infected easily on this virus after a few weeks and months some of the people are going to have a lack of supply and some of them does not have enough money to buy a lot of things they need on their daily living in some instance let's take a look back to the world of larg countries how about their GDP most of the country is still surviving because they have enough funds to help their people and still they have a good and stable economy for the meantime.

After this virus hits the china is one of the fastest recoveries on the world because some of them state that they are zero infections and after that, some of the countries are doing their best to make sure they reach this kind of a number of infected we called this as flattening the curve but some of the countries are still going trouble because they cannot do this easily and their GDP are falling and this is not a kind of reset because those are just countries which are developing stage to become one of the third world countries which is are another investment to their country again to live well.

[BobK71]

Well, pandemic is not like the other crashes as you can see but there is really no point on arguing since it is kinda the same thing in the result so how it happened doesn't really matter. If you check the previous reasons why there was a crash it is all financial related and they all caused financial problems for the nation or the world sometimes, if you go waaay back before 90's you will see that there was ton more of those crashes and it was still mostly financial related as well.

The difference right now is the fact that there was a pandemic that caused people to stay at home as much as they can, which obviously has financial results but the reasoning are difference, it is health related reason why the crash happened so it is not the same, however the result is the same so there is really no point arguing about it.

Oh, it is very important to know the true cause of the pandemic, don't you think?  Man-made (deliberate), man-made (accidental), or natural.

I would agree financial crises as such are more frequent than financial crises caused by other types of events.  However it is possible to find examples of deliberate deflating of financial bubbles to prevent a crisis.  Immediately coming to mind is the mid-80s actions by key US figures to 'talk down' the dollar, when the dollar was considered over-valued and in a bubble.  Then when the dollar dropped too quickly, forcing the Europeans to cheapen their own currencies to help stop the dollar's decline.  The result (the Plaza and Louvre accords) has been considered by mainstream economists as one of the most successful examples of recent policy making.

Another big example of preemptive stabilization was creating the 'international gold standard.'  After suffering one financial crisis every ten years or so in the early- to mid-19th century at home, the British Empire decided to push all major silver and gold-silver countries (France, Germany, US, other European countries) to adopt the gold standard and stop using silver as money.  Since Britain had been the only major gold-only country, this immediately increased her wealth against her commercial competitors, as the price of silver collapsed.  Even more importantly, with bank and central-bank co-ordination among the major countries, this effectively used the real economic power of all the major countries to support the value of British-issued paper assets.  The result was decades of 'peace and prosperity' in Europe and N. America, until 1914.

So it is possible, at certain times, for the global elites not to wait for a financial crisis to occur, but proactively defuse it and stabilize the system preemptively.

[Naida_BR]

Considering COVID as a tool of resetting the global financial system sounds like a conspiracy. I mean the system could be changed in a more humane way, what we see now is more like uncontrolled collapse.

There is no way to do an economic reset.
The most used and popular way to do so is via a war. This means that economies got devastated and then rebuild again in order to achieve bigger progress and higher returns in terms of GDP.

[jostorres]

Now, I am not going to lie the corona virus pandemic did caused a lot of financial trouble to the whole world and I get that, it makes sense that it would create that type of issue, however we are talking about something much bigger than that, we are talking about companies crashing all the time because not ready for anything like this.

I get it, of course you get a bad financial situation with this pandemic and not really get any revenue for a while but seriously companies who are making billions of dollars worth of profit should be able to save a bit aside to survive not just few months but also over a year long without a single cent of revenue let alone profit. I am looking at some of the companies, one of them reported 1.4 billion profit, 4.4 revenue, which means 3 billion costs. This company has been around for 78 years and they crashed and declared bankruptcy for 3 months of lack of work, how? How did you not saved ANYTHING at all?

[Reatim]

There is much speculation about Covid-19 out there, but we don't know the truth. But to be honest, the Covid-19 makes many countries suffer and lose much money. Maybe yes, the Covid-19 is a financial reset for every country, and now, in this new normal, we will see all countries rise again and start recovering their loss. Maybe it needs months or years to recover, and I am sure that people are trying to recover too. We will see new things in every country.

Or intentionally and motivated?

Look what happens to other countries while China in which the main country that this virus came from,and now they are the most defensive country from this.

Don’t you see some chances of them being the source of the pandemic?i don’t wanna judge them Chinese government but there are some areas that they can be the reason about this.

We don't know. But I heard that the virus is from the USA which sent to China to be analyzed, but somehow, there is a leak happen after it arrives in the laboratory. I can not believe that China can cure people after 4 months because it needs a long time to found the vaccine. Besides that, the other countries still working on to find the vaccine too, and they claim to need more months before it can be found.

I have read that same articles when the laboratory is located in Wu wan thats why the virus started in that province .

But what ever the true reason and where this came from the problem is who will be blamed?and who will pay for all that damaged from lives to jobs and health that had been lost?

i think after this pandemic,there must be a deep investigation for which the true violators must be punished.

[BobK71]

... we called this as flattening the curve but some of the countries are still going trouble because they cannot do this easily and their GDP are falling and this is not a kind of reset because those are just countries which are developing stage to become one of the third world countries which is are another investment to their country again to live well.

The way the world system works, by design, the concerns of poor and developing countries are of lesser importance.  That is the nature of the system.  The system usually survives well without these countries being on board, since their governments typically will do what the 'top' countries ask them to.  This is one of the major features of unfairness of the world today.

If you're interested, look up Professor Wallerstein's 'world system analysis' that he developed over the decades.

[BobK71]

There is no way to do an economic reset.
The most used and popular way to do so is via a war. This means that economies got devastated and then rebuild again in order to achieve bigger progress and higher returns in terms of GDP.

Yes, war has historically been one of the major mechanisms for reset.  But it's probably very difficult to use war today, as all major powers have enough nuclear weapons to destroy the entire world.  Other, 'more humane' methods must be used.

If you think about it, covid shares many of the features of war, including:

- It is a test and competition of national strength (in which the West might have thought it was superior, but now might have second thoughts, since China has performed so well.)

- Any changes to the financial and monetary systems can be blamed on the event.

- It calls on the populace of every country to make sacrifices, including giving more power to the government to survey and analyze what used to be private actions.  This pleases the national security apparatus and those in power who want to manipulate 'free' markets.  These interests represent a big piece of the elite coalition.

- It helps point popular anger at those country(ies) that the Western-led system wants to contain or defeat, which in today's case is China.

[BobK71]

Now, I am not going to lie the corona virus pandemic did caused a lot of financial trouble to the whole world and I get that, it makes sense that it would create that type of issue, however we are talking about something much bigger than that, we are talking about companies crashing all the time because not ready for anything like this.

I get it, of course you get a bad financial situation with this pandemic and not really get any revenue for a while but seriously companies who are making billions of dollars worth of profit should be able to save a bit aside to survive not just few months but also over a year long without a single cent of revenue let alone profit. I am looking at some of the companies, one of them reported 1.4 billion profit, 4.4 revenue, which means 3 billion costs. This company has been around for 78 years and they crashed and declared bankruptcy for 3 months of lack of work, how? How did you not saved ANYTHING at all?

This is totally understandable.  What most people don't understand is the nature of a bubble-driven, distorted economy that we now call the pre-covid 'normal.'

In this distorted economy (as the financial bubble gets more and more fragile and extreme,) companies' products and services have less and less reason to exist, because more and more of it exists only because an unhealthy amount of wealth is being shoved into the pockets of the lucky.  When the lucky decide to cut some of their whimsical spending, the entire structure of demand for goods and services will come crashing down.  And based on history, this moment will come, whether we want it or not.

So the choice is not whether companies will be destroyed.  The choice is how and when, in controlled, or disorderly, fashion.

[BobK71]

For the performance of HCQ, a picture may be worth a thousand words...

Case Fatality Rates by Country