Thursday, March 12, 2020

Xi’s Legacy


From the above chart one can quickly visualize the state of the world’s anxiety and resentment against China and its virus. But, whatever the level now, angst is bound to grow along with the spread of the coronavirus. I have no idea how long the world’s resentment will linger ... we still don’t hold the 1918 Spanish flu agains Spain ... but China’s image has clearly been tarnished by this virus’s pandemic. And it obviously will be much worse if the term “Wuhan virus” becomes commonplace.

My personal opinion is that China may never return to the economic growth path that it was on before this COVID-19 virus erupted there ... and add to this President Trump’s fortunate recognition of the absolute threat that the unbalanced trade relationship we had had with China. And don’t be surprised if Xi is gone before the leaves fly.

Afterthought: It is interesting that Trump has placed restrictions on travel from the EU on the blue curve  at about the same spot on the yellow curve as he restricted travel from China.

2 comments:

  1. Rick Roesch5:30 PM

    The Spanish Flu didn't originate in Spain - I believe it began in the trenches - but since Spain was not involved in the war its press could report on the progress of the virus whereas the combatants press was muzzled - so it became known as the Spanish Flu

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  2. Thanks for the facts. I did know that it was a war-related virus but, like many, assumed it originated in Spain. BTW, I had a relative die in this pandemic in which I think close to 20 million died.

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