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25,409 Posts.

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24/03/20

08:53

Post #: 43660099
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Originally posted by thorburn ↑

If global growth is -10% or thereabouts in the second quarter, and probably the rest of the year, China has two major problems. It's markets are drying up and it still have a huge number of displaced unemployed. If they are honest and don't fiddle the books (I'm joking of course) China could have it's first offical quarterly GDP under 3%. More likely and realistically it's the other side of 0%

No one will get an advantage out of this. In the end the cost of this pandemic will be incalculable and China too is to pay a heavy price.

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Hi Tb

There are no winners in a war just some lose less than others

It is possible that a spirit of co-operation may be birthed as all will be in the same boat
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