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Bobbin

3,131 Posts.

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22/03/20

23:13

Post #: 43636793
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Originally posted by Lapdog: ↑

@Marketinfo; my contacts within China inform me that recovery therein is already well underway and approaching 70% of pre-Covid-19 operations. Still a very long way from 'normal' but certainly spluttering back into life.

In China new locally transmitted Covid-19 infections have been ZERO for the past four days indicating that the Draconian measures imposed have been effective. China's remaining threat is from expats and others from overseas arriving infected - the checking and quarantine regime being imposed is reported to be about as Draconian and effective as those applied throughout Hubei Province.

This is all good for Australia's economy - for both imports and exports and should greatly assist Australia's economic recovery.

As for the USA, ……….. fortunately Australia exports relatively little to it and could easily cancel the $300 billion in orders for new fighter planes and other useless equipment the government sources therein - economic problem $Solved!

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And cancel the $250 Billion for useless submarines from France immediately!!!!
That would be one good outcome from the Corona virus epidemic!!
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