Tuesday, March 17, 2020

Should China Be Blamed For The Expected Global Recession/Depression In 2020?



SCMP: Coronavirus: will Donald Trump blame China for expected global recession in 2020?

* Donald Trump tweet on Monday noted that Washington will support those US industries hit by the ‘Chinese virus’ outbreak
* Analysts suggest that while China engaged in early cover up of virus, US initial response failure may render blame game ineffective

On Monday, US President Donald Trump posted a tweet suggesting that China was responsible for the global economic damage that will be caused by the coronavirus pandemic, because the virus was first detected there.
The tweet may come to be viewed as the first shot in a blame game between the world’s two largest economies, as they look to fault the other for an incoming global recession
that analysts now see as inevitable this year.

That the economy is set to nosedive in a US election year provides greater motivation for Trump to find a scapegoat, as he looks to shore up his domestic support.

Read more ....

WNU Editor: China currently has "two big fears/concerns" among the many that they are going through right now. Being blamed for the deaths of hundreds of thousands if not millions from the Covid-19 coronavirus pandemic, and the horrible economic costs that it will inflict on the world. Image and face have always been important to China. This pandemic disaster is a nightmare scenario for how the Beijing government wants the world to see China. Does China deserve this blame. Not really. Pandemics have been, are, and always will be acts of nature. Circumstances bring them about, and we as humans try our best to confront these pandemics as best as we can. We usually fail, but most of us survive, and we forget about them when they have passed until the next one appears and repeat the entire process again.

11 comments:

Anonymous said...

All my Chinese friends - including all of those living in the West - chirp the same line: it was the USA. Deeply indoctrinated. It is scary. Stay safe, everyone

Anonymous said...

No.

RussInSoCal said...

One thing China could do to avoid receiving the full wrath of the planet for C-19 is to stop pointing their fingers at the US or other countries. The fact that this virus originated in China is not in dispute. It is a Chinese virus. The reason it has spread to the extent that it has is because of China's obfuscation and denials over the outbreak that began in Wuhan.

Its China's ingrained dishonesty, arrogance and corruption that will, in my opinion, result in world wide condemnation for the damage this virus has caused.

So yes, China should absolutely be blamed for the 2020 global recession/depression caused by the Chinese Wuhan virus.

Anonymous said...

It is not simply the FACT that it originated in China (where in many areas superstitions and disgusting food traditions persist), but also the FACTS that they delayed treatments, concealed the outbreak, and lied about the statistics. And now they've begun a global disinformation campaign to falsely accuse others of what they themselves are guilty (Marxism 101, right there). For a variety of other reasons as well, China does not deserve a place among the world's community of nations.

Anonymous said...

By 1 measure I would expect 16% of the disease to come from 16 percent of the world's population (uniform distribution).

Dave Goldstein said...

It wasn't a market. It was the wuhan research lab.

Anonymous said...

^^^This...

Ironic how closely located it is to the wet market isn't it?

Anonymous said...

We all know it's the Kung Flu.
It should officially be renamed by all Western countries, Covid-19 does not identify the source and it should.

Young Communist said...

Yes. And for economic crisis of 2008, who has destroyed large parts of ours economies who are to be blamed? USA!

Anonymous said...

It began in China. yes. But as it spread, we were simply not prepared.Note, if you are honest, how trump dismissed it for some time as nothing serious. ps: the Spanish flu did not begin in Spain. Guess where?

Anonymous said...



We were warned in 2012, when the Rand Corporation surveyed the international threats arrayed against the United States and concluded that only pandemics posed an existential danger, in that they were “capable of destroying America’s way of life.”

We were warned in 2015, when Ezra Klein of Vox, after speaking with Bill Gates about his algorithmic model for how a new strain of flu could spread rapidly in today’s globalized world, wrote that “a pandemic disease is the most predictable catastrophe in the history of the human race, if only because it has happened to the human race so many, many times before.” If there was anything humanity could be certain that it needed to prepare for to prevent the deaths of a lot of people in little time, it was this.

We were warned in 2017, a week before inauguration day, when Lisa Monaco, Barack Obama’s outgoing homeland-security adviser, gathered with Donald Trump’s incoming national-security officials and conducted an exercise modeled on the administration’s experiences with outbreaks of swine flu, Ebola, and Zika. The simulation explored how the U.S. government should respond to a flu pandemic that halts international travel, upends global supply chains, tanks the stock market, and burdens health-care systems—all with a vaccine many months from materializing. “The nightmare scenario for us, and frankly to any public-health expert that you would talk to, has always been a new strain of flu or a respiratory illness because of how much easier it is to spread” relative to other pandemic diseases that aren’t airborne, Monaco told me.

We were warned in 2018, on the 100th anniversary of the flu pandemic of 1918, which killed 50 to 100 million people around the world. My colleague Ed Yong served notice that the “next plague” was coming, with influenza the most dangerous possibility, even as the United States succumbed to “forgetfulness and shortsightedness.” Luciana Borio, then the director for medical and biodefense preparedness at the National Security Council, told a symposium that “the threat of pandemic flu is our number-one health security concern.” Serving under a president who’d come to office on the pledge to wall off the United States, she noted that such a threat could not “be stopped at the border.” The very next day, news broke that National Security Adviser John Bolton had shuttered the NSC’s unit for preparing and responding to pandemics, of which Borio was a part. The White House official in charge of spearheading such a response to infectious threats departed as well and was not replaced.