Chris Martenson: The Coronavirus Is A Nightmare For The Global Economy

By Peak Prosperity / July 20, 2002 / marketsanity.com / Article Link

To Watch Update #15, CLICK HERE

As China now has placed over 400 million of its citizens under quarantine, China's economy is grinding to a halt. Workers can't leave their homes. Factories are idle. Most (if not all) of China's ports are no longer shipping. International flights are increasingly banned from the country.

When the world's #2 economy hangs up a big "CLOSED" sign, that's going to result in a major negative impact on global trade. As the manufacturing powerhouse to the world, you'll be challenged to think of ANY industry that won't experience serious supply chain interruptions and shortages from China's woes. Did you know China makes the vast majority of our prescription pharmaceuticals?

A MASSIVE hit to the global economy will directly result from the damage the coronavirus is currently doing. And it may get worse, a lot worse. So ignore today's ridiculous all-time high stock prices. They can't last in the face of what's coming.

To get Chris Martenson's report on pandemic preparation, go to https://www.peakprosperity.com/corona...

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris' latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

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