COVID only mattered after Whites were infected
There are few things in the world more disingenuous than people making up stories to fit their own narrative of how the world works. Sometimes, I truly question whether they really feel a certain way about something, or they are truly just that desperate to twist the facts in their favor. This is why I love the stock market.
The stock market is the world’s largest betting market. In the stock market, you put your money where your mouth is. No one dares to follow a nonsense story with no facts because if you do, you will lose your money.
The general consensus from the mass media about how the early days of COVID sounds something like this. The virus was floating around in China for a long time before the rest of the world knew about it.When the rest of the world started hearing some of the news, China actively worked to suppress the information.
Let’s follow the timeline of events and see what the stock markets tells us about where people were placing their bets. It’s one thing to make up some wild story because you have some uninformed political agenda. It’s another thing to make financial bets based on that nonsense.
December 30 — Dr. Li Wenliang shares his suspicions with others on various social media sites.
The market continues it’s move higher. But this is to be expected. Although he tried to sound the alarm, he wasn’t able to get out the news to the broader community.
January 13— First case outside of China reported.
Cases in China have begun to rise and the first case outside of China, Thailand, appears. Still no major reaction in the stock market. The global investor community has voted and placed their bet — all is okay.
January 21— First case appears in the US
Up until this point, all we had was a bunch of cases in Asia. But who cares? We all know that the only countries that matter in this life are white majority countries.
But after the first case lands in the US, the markets still don’t care. The markets still continue to grind higher. And now that they have a patient on their own shores, surely it’s only a matter of time before the US can sound alarm on just how devastating this disease can be.
January 23 — Wuhan goes into lockdown
If China didn’t take the disease seriously then, they are surely taking it seriously now. Especially for a country that has promised its citizens so much economic growth, you wouldn’t shut down entire major cities unless you knew that you had to get things under control.
However, still no response in the markets. They continue to go higher. And with the disease having been on shore the US for a few days, there’s still no major public reaction. The US still hasn’t figured out just how devastating this disease can be despite having their own patients on shore.
February 7 —Dr. Li Wenliang dies of coronavirus
On this day, everything comes out. There’s no more hiding anything from anyone.
Dr. Li Wenliang dies and everything he’s been saying this whole time is made known. It’s made known to China and it’s made known to the rest of the world. It would have been great if the world had knew weeks earlier, but at least now, on February 7, we know.
Let’s take a look at the markets. Oh look —basically all time highs. Surely if this disease was so bad and now all the data was made publicly known, then markets would be dropping right? Instead, it still continues to CLIMB TO NEW ALL TIME HIGHS for the next 2 weeks.
The Chinese government didn’t take his concerns seriously but it looks like the rest of the world didn’t either.
February 21— Local transmission in Italy
Up until this point, all spikes of the outbreak were localized to a few Asian countries — China, Japan, Singapore, South Korea, and a few others. But like I said before, Asian countries don’t matter.
Up until this point, the market is telling us that everything is was still fine.
The markets were still fine because “only” Asian countries are infected.
Everything was still fine because even though the death of Dr. Li Wenliang was 2 weeks earlier and scientists all over the world had the time to pour over his warnings, it still didn’t seem like something global markets should sell off for.
Let’s take a look at what happens in the market after Feb 22. That’s when the market really starts to sell-off. Only at that point does the global investor community put their money where their mouth is and realize the severity of the disease.
Is the disease considered seriously only when a white majority country gets infected?
Was Dr. Li Wenliang used only as a prop by the American propaganda machine to further push the notion that China is a country not to be trusted?
The world never cared about what Dr. Li Wenliang had to say.
The world took his warnings just as seriously as the Chinese government.
The world is better off not responding to every single potential panic or else we would all be so paralyzed from every small little thing that could possibly kill us.
Next time, use your brain.