The #CoronavirusOutbreak has been sensationalized across the media. With entire regions of China shutdown, global markets are preparing for widespread downturn. However, it occurs to me that this supposed epidemic has come about at a time that the U.S. Government and Federal Reserve might have motive to create global uncertainty. Listen to my thoughts on this new edition of the 2 Day with 2 Cents Podcast!
Hashtags: #AustrianBusinessCycle #2DayWith2Cents #CurrentEvents #Coronavirus #Economics
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References
2019 Novel Coronavirus (2019-nCoV) Situation Summary. (2020, January 31). Retrieved from https://www.cdc.gov/coronavirus/2019-nCoV/summary.html#risk-assessment
Daurat, C. (2020, January 31). The Coronavirus Is Infecting the Global Economy. Here’s How. Retrieved from https://www.bloomberg.com/news/articles/2020-01-31/the-global-economy-is-getting-infected-by-the-virus
Foster, S. (2020, January 31). The Repo Market, Explained – And Why The Fed Is Pumping Billions Into It. Retrieved from https://www.bankrate.com/banking/federal-reserve/why-the-fed-pumps-billions-into-repo-market/
Mendell, E. (2020, January 30). Coronavirus Triggers Damage Control From Governments, Companies. Retrieved from https://www.wsj.com/articles/coronavirus-triggers-damage-control-from-governments-companies-11580396657
Smith-Schoenwalder, C. (2020, January 30). Why the Flu Is Still a Bigger Threat to Americans Than Coronavirus. Retrieved from https://www.usnews.com/news/health-news/articles/2020-01-30/why-the-flu-is-a-bigger-threat-to-the-us-than-coronavirus
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