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Old 06-02-2020, 11:24 PM   #39
Sprintey
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Join Date: Sep 2014
Location: Catland
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Default Re: Vfacts January 2020

Economic cycles go down as well as up even though ours has gone up for 30 years now. China shuttering factories, Hyundai has shut theirs too. We are about to see how much resilience is built into the global JIT form of industry. So many macro indicators have been slowing globally (including the repo madness), the CV is the coup de grace. 50 to 100Mn people quarantined, that's something unprecedented. Less car sales when all are imported = less funds going offshore. Less coal demand = less income, less tourism = less income. More time for veggie garden and to smell the roses or fire up the old 302.
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