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Coverup? China Arrested Doctors Who Warned About Coronavirus As Death Tolls Rise & Stocks Plummet

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Published on: February 3, 2020

As social media is threatening to continue its tyrannical march against those it disagrees with concerning what it will self-define as “misinformation” regarding the coronavirus that is spreading across China and has even made its way into the US, the doctors that warned about the coronavirus outbreak have been arrested.

The Chinese government has also been accused of burning bodies to cover up the death toll from the virus.

The Daily Beast reports:

Yet last December—before people all over China were falling sick with pneumonia-like symptoms, before people around the world grew alarmed about a disease leaping from captured wild animals to human shoppers in dense Chinese food markets, and before coronavirus reached new shores after being carried onto planes by human hosts, forcing the World Health Organization to declare a global emergency—eight people discussed how several patients in Wuhan were experiencing severe, rapid breakdowns in their respiratory systems.

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They were part of a medical school’s alumni group on WeChat, a popular social network in China, and they were concerned that SARS, Severe Acute Respiratory Syndrome, was back. 

It wasn’t long before police detained them. The authorities said these eight doctors and medical technicians were “misinforming” the public, that there was no SARS, that the information was obviously wrong, and that everyone in the city must remain calm. On the first day of 2020, Wuhan police said they had “taken legal measures” against the eight individuals who had “spread rumors.”

Since then, the phenomenal spread of the virus has created cracks even within the normally united front of the Chinese Communist Party. “It might have been fortunate if the public had believed the ‘rumor’ and started to wear masks, carry out sanitization measures, and avoid the wild animal market,” a judge of China’s Supreme People’s Court wrote online last Tuesday.

Li Wenliang, a doctor who was among the eight people who tried to sound the alarm before the coronavirus infected many thousands and killed hundreds, has been diagnosed as someone infected with the coronavirus and is being treated at a hospital.

As of 5 p.m. Monday, the official tally of coronavirus damage runs at more than 17,000 confirmed infections, more than 21,000 under observation, 361 dead. But the actual numbers must be far higher, possibly by a considerable magnitude, according to estimations by doctors in China and infectious-disease experts around the world.

Authorities are still actively censoring social-media posts and news articles that are questioning the government response to the outbreak. One local man, Fang Bin, uploaded footage of corpses in a van and a hospital in Wuhan, and was then tracked down and taken into custody. His laptop was confiscated, and he had to pedal for three hours on a bicycle to get home after he was questioned, warned, and released. His coronavirus video went viral.

Meanwhile, the coronavirus appears to be affecting the stock market as well.

Michael Snyder wrote on Friday:

…concern about the coronavirus pushed the Dow Jones Industrial Average down more than 600 points on Friday, and that represented the worst day for the Dow since last August

Stocks fell sharply on Friday, wiping out the Dow Jones Industrial Average’s gain for January, as investors grew increasingly worried about the potential economic impact of China’s fast-spreading coronavirus.

The Dow dropped 603.41 points, or 2.1%, to 28,256.03 in the 30-stock average’s worst day since August. The S&P 500 had its worst day since October, falling 1.8% to 3,225.52. The Nasdaq Composite dropped 1.6% to 9,150.94.

Up until now, investors were very confident that the Fed and the Trump administration could keep the party rolling, but now that is changing.  Just consider what Ilya Feygin just told CNBC

“The theme coming into this year was the Fed and Trump are going to bail us out of any problems, but the virus is something neither one can do anything about. That’s a reason to become more fearful.”

A reason “to become more fearful”?

That certainly doesn’t sound good for stocks.

And this coronavirus outbreak has also been pushing down the price of oil

Oil prices have also suffered from the virus outbreak, because China is a big consumer of the commodity.

US oil prices are on track for their worst month since May last year, when the US-China trade war and high inventory levels weighed on prices.

Ultimately, the economic impact of this crisis will be determined by how bad this outbreak eventually becomes, and that is very uncertain at this point.

But without a doubt the coronavirus is already having a substantial impact on the Chinese economy.  The following comes from CNN

The economic impact of the virus is still impossible to determine, but one state media outlet and some economists have said that China’s growth rate could drop two percentage points this quarter because of the outbreak, which has brought large parts of the country to a standstill. A decline on that scale could mean $62 billion in lost growth.

Goldman Sachs is warning that this outbreak will also cause the U.S. economy to slow down this quarter, but the bank is still convinced that next quarter will be better

The fast-spreading coronavirus could slow first quarter growth of the United States economy, according to a new report from Goldman Sachs.

Analysts at the firm forecast a 0.4 percentage point decline on US annualized growth through March. But it’s not all doom and gloom: Goldman Sachs (GS) also predicts that growth will rebound in the second quarter by roughly the same amount.

Of course, the analysts over at Goldman Sachs are assuming that this coronavirus outbreak is not going to turn into a horrifying global pandemic.

But what if they are wrong?

Well, one thing is for sure, this virus has gotten out of hand in China.  The question now is, how long before it will be brought under control?

We may not actually get a real answer due to all the government and social media censoring going on by those who think they are our nannies.

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