CONSPIRACY?

CONSPIRACY?

Australian Stocks take a battering

My avid reader, Gerry, sent through this remarkable report below. He believes it to be true. It certainly looks plausible to this monkey.

IMPACT OF CORONAVIRUS ON STOCK EXCHANGES WORLDWIDE, WITHIN 1 MONTH:

UNITED STATES OF AMERICA – 26%

GREAT BRITAIN – 26%

CANADA – 25%

BRAZIL – 27%

RUSSIA – 20%

UNITED ARAB EMIRATES – 19%

SOUTH AFRICA – 16%

AUSTRALIA – 24%

INDIA – 14%

SINGAPORE – 17%

HONG KONG – 12%

SOUTH KOREA – 17%

CHINA PLUS .3 %

China, creator of the pandemic, has miraculously “recovered”, and has almost no more cases of coronavirus. The world is now beginning to feel the effects and panic about the disease. Who recovered first ? China itself! It seems to be that this virus was a move by the Chinese government in response to the loss of the trade war with the United States. The goal: to throw the world into recession !
Is the scenario not clear? They are already growing! China bought almost everything it devalued on the stock exchanges around the world … with that the Chinese became owners of the global companies that are in China and without the money leaving China.

I would call this monkey business of a very high order, if it is true.

Gibber! Gibber!

Chugley

The Stockbroking Chimp

2 thoughts on “CONSPIRACY?”

  1. I’m not sure how the Chinese economy can be growing when their whole economy depends on the good economic health of the rest of the world. The coronavirus is damaging the economies of all advanced nations, which apparently is hurting China’s economy at present.
    There are several current articles on this topic, none suggesting that China is economically benefitting from the coronavirus.
    Here is a relevant link to a scholarly article by failed US Democrat aspirant, but respected international businessman, Bloomberg:-
    https://www.bloomberg.com/graphics/2020-coronavirus-pandemic-global-economic-risk/

    1. Maybe this is an example of why the Chinese have the reputation of being “inscrutable” Paul? It has this monkey thinking hard. Gibber! Gibber! Chugley

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