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News & Articles By JD Heyes
03/01/2020
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By JD Heyes
British health secretary issues shock warning that entire CITIES could be shut down over coronavirus if spread continues
Just when you thought maybe the Wuhan coronavirus’ global spread may be petering out and that the world could take a step back from the pandemic abyss, another alarming report surfaces to make you think conditions are not improving at all. We already know that the virus has spread well beyond the borders of China, where it […]
02/23/2020
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By JD Heyes
China’s economy continues to collapse as domestic car sales plunge a whopping 92% on spread of Wuhan coronavirus
Chinese President Xi Jinping finally made a public statement about the rapid, uncontrolled spread of the Wuhan coronavirus over the weekend, and it wasn’t optimistic. As reported by the South China Morning Post and republished by POLITICO, Xi made an “unprecedented” teleconference call that was open to every county government and military unit throughout the […]
02/20/2020
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By JD Heyes
Wuhan coronavirus threatens to DESTROY commerce throughout China as just 34% of businesses have enough cash flow to stay open for longer than a month
If Wuhan coronavirus (COVID-19) continues to spread throughout China at its current rate and the government finds no good way to control it, millions of workers are going to be laid off from their jobs as two-thirds of small-to-medium businesses fail. According to a Google translation of a Yahoo! Taiwan story, the virus is continuing […]
02/19/2020
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By JD Heyes
RIPPLE EFFECT: Huge disruptions in pharmaceutical supplies reported in INDIA after Wuhan coronavirus disrupts production in China
As we’ve been reporting now for several weeks, the spreading Wuhan coronavirus (COVID-19) is much worse than the Chinese government has said. There are thousands more infections, according to various reports, and plenty more deaths — so many, in fact, that funeral homes are paying more than $143 an hour in order to attract enough […]
02/16/2020
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By JD Heyes
China’s power consumption plunges as coronavirus pandemic shutters factories; economic numbers certain to plunge next
Several analysts have been keeping an eye on China’s internal economic activity as another way of gauging how severe the coronavirus spread really is and how drastic the government’s actions are to contain it. Over the past few days, these analysts have been able to piece together a number of indicators suggesting that a) the […]
02/14/2020
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By JD Heyes
Commerce and economic activity in China comes to virtual standstill amid worsening coronavirus outbreak
What would happen if the world’s second-largest economy were to grind to a halt for any length of time? And what impact would the collapse of the second-largest economy have on global commerce, especially if that country was responsible for grinding out the lion’s share of consumer goods and spare parts for most of the […]
02/11/2020
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By JD Heyes
Is another subprime mortgage bubble just over the horizon? Industry seeks to eliminate debt-to-income rules that caused the last one
About a decade ago, thanks to crazy loose government rules that allowed mortgage companies to offer insanely low payments and interest rates on insanely expensive property to people who had no ability to pay for it, we seem on the precipice of repeating that disaster. In 2007, the bottom fell out of the U.S. housing […]
02/10/2020
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By JD Heyes
U.S. consumers got hooked on cheap Chinese imports but the coronavirus is about to expose what a HUGE mistake this was
For more than two decades, horrible trade arrangements and political graft gave China a huge economic advantage over the U.S. As American economic growth slipped from 4-5 percent per year to a ‘new normal’ of between 1.5-2.5 percent, Chinese economic growth skyrocketed to annual double digits. The money has allowed successive Chinese leaders to modernize […]
02/09/2020
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By JD Heyes
China FLOODING the markets with liquidity to counter any loss of faith stemming from the coronavirus pandemic and a looming supply chain catastrophe
By week’s end, there were still more signs that China is having great difficulty controlling the spread of the coronavirus — so much so that the country’s Communist leaders have begun taking drastic measures to keep their economy, and that of most of the world, from collapsing. First, Chinese leaders extended the country’s Lunar New […]
02/09/2020
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By JD Heyes
Coronavirus now disrupting China’s shipping industry, which will lead to collapse of global supply chain
As bad as coronavirus is getting in China where the outbreak originated, the effects of the bug are soon going to be felt the world over, even in places where it has yet to make an appearance. As reported by The Epoch Times, the pandemic is beginning to cause major disruptions in China’s shipping industry […]
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