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Thread: 20 million now quarantined in China from Coronavirus

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    Great Value Carrots
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    Re: 20 million now quarantined in China from Coronavirus

    Quote Originally Posted by Neuro View Post
    A lot of cash but nothing to buy with it= HYPERINFLATION! It’s important to realize that China supply much more than shitty toys and simple trinkets nowadays. Even if a machine is supplied from somewhere that is not China, most likely it will have parts that are manufactured in China. Of course these parts or even complex machines could also be manufactured elsewhere, but probably will not happen immediately as it takes time and large investments to build capacity. In the west the sentiment among the investors has turned directly against investing in manufacturing the last 30 years, and that sentiment will also take time to change.

    So we can expect shortages!
    Hold on to cash. Hold on to metals. Hold on to tangible items. Keep your credit in good shape. Keep good relations with your neighbors and always keep your long guns handy.

    Even more important: Always have a smile for a pretty lady and keep joy in your heart, because life is good and will run out soon enough.
    Dictatorship naturally arises out of democracy, and the most aggravated form of tyranny and slavery out of the most extreme liberty." – Socrates


    "Communism can be summed up in one sentence: The abolition of private property." ---Karl Marx

    "Either you have the right to own property, or you are property." Wayne Hage

  2. The Following 3 Users Say Thank You to woodman For This Useful Post:

    midnight rambler (18th February 2020),monty (18th February 2020),Neuro (18th February 2020)

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