Ah yes, it is always good to throw money at the problem.

What problem?

Well, I call it, GFC Mark II, but the Govment call it, responding to the Corona Crisis.

GFC Mark II

I've been following the economic catastrophe for around 4 years.

It seemed to move so glacially, that it just seemed a ridiculous concept that there was a problem.

I had done my research & checked the boxes;

1. Interest rates being reduced to near zero, zero, and into negative territory.
2. Creeping cost of living.
3. Exploding share market & housing prices
4. Commodities being suppressed.
5. Govment debts increasing
6. Constant up talk but with downward pointing figures
7. QE easing & then QE2, called REPO market bolstering
8. Middle classes protested within various countries.

Having shared to friends & family about Global Debt, FIAT currency, commodity manipulation, Silver/Gold paper CMO's, it is very refreshing that they now can read more into the bullshit media - although some are very annoyed that they now know.

In their words, "What are we meant to do? Just because you know isn't going to help!"

Shoot the messenger, but if people can see the shit & stop eating it, then maybe when things turn sour, we can work towards a reality goal, not just this pump and dump economics.

WW3

With constant stresses around the world, the FIAT monetary system falling under its own imaginary weight, I'd thought the only way out would be World War.

Whether planned, or a consquence of actions, it would seem plausible that existing conflagations could spark a domino effect.

Also, I'd thought that China may just swamp Hong Kong, the rest of the world would just stall, and then China would branch across into Taiwan.

Not that China are evil, it just seems a panacea to problems. When a country expands, it rallies patriotism, reshuffling power, resources, boundaries, are all good mechanisms to create a boon.

The responding powers also then have an opportunity to resopond with gusto.

While drawing lines, smaller countries, maybe a Turkey, Saudi Arabia, Israel, would then plan to expand their borders.

It has been quite some time since the last major conflict, generations have forgotten much, fear is quick to spread & then ... WW3.

I mean normal individuals have been bombing, democratising, resource plundering, and political shwashbuckling over in the middle east for near on 20 years, all justified in some way, and people just see it as the norm.

But then again, a virus...

Virus - We can change the Laws & Rules

Just remember that people killed people because they were told to. People are fighting each other over toilet paper.
A few years ago a neighbour stabbed another neighbour for using water during a drought.
Keep a level head.
example
aussie exampe

Whether it's man-made, natural, or a frankenstein monster, a viral pandemic is just the thing to create a national, and even, global, cohesion.

Governments can beat their drum, make up laws & policies, get citizens to rally together, any finance collapse can be blamed upon it, and who knows, maybe a reset will happen.

Cash can carry germs and now you all have to go online? We need a new currency that's crypto based and we can monitor all movements? Or maybe nothing happens apart from a monetary reset that can last for another 10 years, just like the last QE dump.

Seeing how the Chinese Government had to kill an estimated 300 million pigs a few years ago - it does seem like they had some serious problems with viruses (and maybe hygeine) for quite some time.
(If you don't know about the culling of many pigs, then if you're not squimish, then please youtube it up & watch the poor pigs being bulldozed into a pit & set on fire, amid their screams of pain.)

The corona virus seems widespread and could possibly adapt to new strains that could be more dangerous. For now though, it does seem like a bad flu - and flu's kill many people every year.

QE dump

source

Our Aussie Govment has provided the following $17.6billion in action;

• Six million low-income earners to receive $750 cash under Coalition’s coronavirus stimulus
• Small and medium-sized businesses will receive up to $25,000 to cover the costs of employee wages and salaries
• $1.2bn made available as a wage subsidy of 50% of the apprentice’s or trainee’s wage for up to nine months from 1 January 2020 to 30 September 2020.
• The government is allocating $3.9bn in incentives to encourage businesses to spend. Instant asset write-off, by lifting the threshold to $150,000 (from $30,000) – and making more businesses eligible to use it.
source

Considering, we haven't even paid off the GFC monies that were splashed around the economy last time, it just seems reckless that there is never any plan on how we will correct the financial spread this time around as well.

But having worked with panic merchants in the past, they don't want to hear rational speaches - they'll cross that bridge later on, which normally means that they can blame someone else down the road.

Opportunity

I see this whole virus & economic slowdown as an opportunity for people to amend their lives to something more wholesome.

It probably wont be like that, but at least within this country, people have been spinning around and around without any real purpose than just to consume and glutton.

Perhaps, when share markets crash, house prices reduce, then the sober feeling will make people focus on getting off the hamster wheel and work out what makes them happy in life.