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OpEdNews Op Eds    H3'ed 3/10/20

The Coronavirus, panic and hysteria already starting to take place in America

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Message Dave Lefcourt
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The coronavirus, Real Time Counter in the US and the world

Oh my god! As to the Corona-virus it appears there's panic and hysteria already taking place in America.

It's just the beginning but the sense is...It's only going to get worse.

Personally, over-reaction to anything of consequence makes for bad decisions.

What's called for is calm, cool headed logic in the midst of hysteria and panic. In America that logic says one should be skeptical of anything coming from the government or its handmaiden corporate MSM. As to that government and its MSM? calm, cool-headed logic doesn't exist. What does exist is lies, disinformation and dissembling.

With the corona-virus I suggest visit alternative news sites one can trust. Get scientific reports from reputable sources. If possible by multiple investigative reporters and analysts citing similar findings.

Otherwise...what else? Totally disrupt one's life? Stay home, avoid others, don't leave the house. Wear a mask (apparently won't help)?

Look what's currently happening in the stock market. The virus is roiling the markets so the FED lowers its interest rate by a half point, The market rises briefly then tumbles to new depths as its been doing for over a week joining other stock indices world-wide. Of course the US stock market has been overvalued with stocks rising to new heights not based on new corporate development but by easy money low interest loans by the FED, then company buy backs raises its stock's value, increasing dividends, capital gains for shareholders along with bigger bonuses for the CEO's and other corporate officers.

Then there's supply chain disruption of manufactured goods particularly coming from China caused by the virus with further reverberations still to come down the road.

Air travel, hotel accommodations, restaurants, retail outlets, malls are already feeling the pinch. There's been cancelations of public events, even the NCAA now saying its "March Madness" basketball tournament games might be played without spectators.

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