General Comments / Chat, page-211

DrT ... many thanks. The news these days (and the market for that matter) seems like that old cartoon Spy V's Spy. Nothing is real, everything (reported) is fake with a skew either left or right. The potential financial problem is too big to fail (HUGE worldwide debt that can't afford a long winded recession) so C19 HAS to be under-rated and under-reported with possible cures over-reported in every way possible to allow the market to levitate creating a time buffer in the hope that the C19 curve will flatten. (That's also the brief to the Fed I believe.)

That is - in the West.

In the third world life must be horrible but no way will the media bother to report there - not only because it won't rate, but also for fear of reporters being infected or attacked.

Seems the real death rate attributed to C19 in the West is far worse than reported ... lots of cases in US and UK where death at home/resthomes are not attributed to C19 as no autopsy done (and they don't want it reported anyway).

I'm watching countries like India and Indonesia to better understand the real situation. If countries like that can't control C19 the world in the future will be a completely different place to the past. Guaranteed. At least for a year or two, massive recession at best.

I have a contact who (I think) really knows what seems to be happening in China ... and their control of the disease appears vastly superior to any the West could achieve.

I personally think a defensive position is warranted so I wish all RAC holders "good luck" ... I will hold through but I have my bases covered also.

All the best.