Will The Coronavirus Spark A Global Recession?

1. Clarification: I didn't mean to say SARS killed more people, I meant to say that on a per-infection basis, SARS was more deadly. Sorry for the error!

2. There is community spread in Iran, Japan, Korea, and Europe. The CDC policy in the United States is to only test patients for the SARS-COV-2 virus with COVID-19 symptoms that were in contact with a known case…which effectively won't identify if there is community spread here as well. Not sure why are you are saying that things are improving since this disease is gaining a foothold outside of China.

   "While a majority of those cases are in China — with just 15 confirmed in the U.S. — the CDC has been working with the health-care sector to prepare for the virus to “take a foothold in the U.S,” Dr. Nancy Messonnier, director of the CDC’s National Center for Immunization and Respiratory Diseases, told reporters Feb. 12.

   “At some point, we are likely to see community spread in the U.S. or in other countries,” she warned."

   Even the CDC thinks it will be spreading here.

3. In a world of rogue central bank bitcoin is King – Guy Adami ?

4. The corona virus can't trade. It's a virus.

5. Maybe I'm wrong but I don't think we're heading into a recession yet. I work with a trucking company similar to FedEx and UPS and we made 12% profit on 1.4B$ in 2019 and we are getting a company wide raise this year. Back in 2008/2009 we were taking paycuts and rotating days off. So far I don't see anything like 2008/2009 at least in the trucking business.

6. I think this is a very level headed take.

7. The coronavirus isn't going away anytime soon. The infection growth rate may start slow but could grow exponentially. While it may be too early to tell, it's very likely that this could be the Black swan event.

8. give it time . REinfection is more deadly. We dont build an immunity against it. It will do 2 rounds around the planet. From someone who has researched the shit out of this, This is real

9. Bitcoin and Litecoin reward halving supply shock coming down the track..?..?‍♂️

   Last ‘round of halvings’ signaled the beginnings of the 2015 – 2017 price surge!

10. Agree

11. Love your info..and vids.
    OLT is bringing out their mainnet 1st quarter and it is a big one in my
    opinion ..Take a good look at this one.. https://oneledger.network
    Look at this as well REV bartering tool is a solution..
    https://medium.com/@revelationcoinproject/finally-a-complete-crypto-bartering-system-83e08a4ff2a0

12. Apple has 5G phones coming up I don’t think they’re going to be having a problem.

13. Hey Nicholas I appreciate your take, however I think that we might see local outbreaks in Western countries in the next month. CoVid19 has a long incubation period. What we know now is how many people were infected 20 days ago. The real number is not yet known since the people that are infected now might not be showing symptoms.
    On the other hand the case fatality rate might be lower because people that are not in need of medical treatment stay at home and are therefore not included in the statistics.

    One way or another I don't trust China's numbers.

14. Empty shelves coming soon.

15. I like the fact that most people follow you for the crypto stuff and that we're all getting so much extra interesting information we didn't ask nor pay for. Keep up the great work Nicholas

16. A crash is comimg – Trump and others leaders having been propping their economies up

17. Using official figures to form an opinion isn't a good idea Nick. All bets are off. When China are shutting down internet in Wuhan to prevent truth getting out you should discard all information they've made available and assume the worst. Gold is the only sure thing. Medicine, food, water and btc come close second

18. Well I guess you're completely ignoring Japan they went from 14 to 300 cases in less than a couple weeks, and China was completely ignoring this basically from October of 2019 the real test would be in a similar timescale so that would probably put it at June let's see where we're at by then

19. There are thousands "under observation" for the virus in the US according to some claimed family of healthcare workers. Media articles claim the same.

20. ahahaha…is this what they call "not pilfering the American taxpayer anymore".

21. Assuming the truth must lie somewhere in the middle is also a form of bias: it’s called the “argument to moderation.”

22. I agree with you most of the time Nick but I think Corona will be a small Pandemic. Whole ships and cities aren't quarantined for the flu; that says to me that it's way worse… governments are very concerned but also keeping it quiet to not start a panic.

23. There are over 5400 people being quarantined in their home right now due to possible exposure just in the state of California and the number is growing every day.

24. 75-2-16=57
    The 57K left are they still sick busy dying or what?

25. It technically already is a pandemic.

26. The only reason stocks are up because they keep injecting ? and this drops the value of the dollar….

27. hey Nick , Bitcoin aparently would be a safe haven during a spike in a crisis, would good fundamental altcois react well also?

28. Tough crowd

29. It is already causing troubles… I work logistics transportation and the work load for a truck driver for the last month has been around or less than half… Sucks because I can't buy my Weekly BTC or fav Altcoin…

30. You nailed it brother,it was released to take out the financial systems ww. It will be a level playing field, backed by btc. GO WATCH BITCOIN BENS VIDEO NEW WORLD CURRENCIES

31. Yesterday on that map they had 14 people infected in Nebraska United States putting the total infected in the United States at 29. When I looked to check it again last night it was down.. why would they have 14 cases in Nebraska and then have them disappear?

32. 69

33. BTC has the same problem. People believe it is going to zero or going to the moon. NO ONE seems to be in the middle.

34. Japan and Korea infection is exploding….

35. real death count is estimated to be above 20k now but yeah still not that much yet either way

36. The virus has a maximum incubation period of 14 days with (5-6) being the average, you can assume their are people with no symptoms going about regular life that are infected. The virus spreads through the air and it would take 1 person in an elevator to sneeze to potentially infect 10 other people who could also carry for 14 days with no symptoms. The lack of new cases isn't a reason sigh for relief, its just as harrowing.

37. Look at the log graph of "other locations", since the start of this month (meaning, last 20 days) it's almost exactly a straight line. https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

    EDIT: You need to disable "Mainland China" and "Total Recovered".

38. ‪#BSV – Bitcoin The Way It Was Born To Be ???‬

    Protocol Wars Are OVER ???

    ‪Bitcoin is #UnFucked ✊‬

39. Lol we can agree to disagree. Way under reported

40. The world economy was already showing cracks, this virus could have a ripple effect.

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