/biz/ - Business & Finance

>>18007430
We will be more reliant on them

>>18007430
how did the world react to the spanish flu which orginated in the usa?

>>18007430
When the rest of the world apologises to china for being the first country to experience this plague

>>18007430
they will roar and beat their chests and then do nothing because they know china has the rest of the developed world by the balls

>>18007430
Companies will move their facilities from China to the USA (and receive financial assistance) and no Chinese will be allowed to enter American soil for at least 12 months.

>>18007430
To be honest i'd love at least, at least some Economic Sanctions on those cunts. If they don't close those wet-markets this type of virus is going to pop up every decade or so.

>>18007430
Literally nothing but some health safety reform , for China
For the rest of us it might be the down fall

>>18007510
Didn't china get hit the hardest though?

/biz/ this is you should post this shit on >>>/pol/

>>18007430
Pussy out and do nothing

>>18007569
It's business related if there's sanctions on China /biz/ isn't just meme tokens

>>18007447
>>18007461
These two realistically.

>He thinks this is a one and done thing.
This will be an event that happens every few years from now on. Get used to it.

>>18007493
This this this this 1000 times.They should fucking close them all and get harsher punishments for people selling bush meat on the black market.

I think companies will pull their manufacturing out of China. Globalism is directly responsible for the massive spread of this virus and people will wake up to this fact. The "Made in America" label will also become much more important, since the general public is going to react very negatively to this. I think we may also see regulations that require medical supplies to be manufactured in the US, which will hit China hard.

>>18007430
buisinesses are basically done doing business there, there is going to be a lot china racism and anger once millions of people die, especially if the chinks don't make it explicit that they are going to stop eating everything that moves.

This is setting the scene for the next 20 years and there will be inevitably some form of war (direct or indirect) because humans gonna human.

>>18007430
Absolutely nothing because people are stupid, and our generation of Americans are too lost in identity politics to understand that China has and will always continue to be threat to the United States and globe economically, environmentally, ethically, and public health wise.

Bring back McArthur.

>>18007430
They should get punished that's for sure.

Maybe kidnap Xi and behead him live on CNN

>>18007667
>>18007658
>>18007461
all of these anons are correct in their own ways.

assuming this wasn't a bioweapon (i'm meh on that theory), this will still cause major public outrage against the CCP and PRC for their poor handling of the outbreak - but also at the Federal Government for its own horribly handled response.

American companies, shareholders, and the public at large will begin to question globalism and open borders as these are the mediums through which this virus was able to spread so quickly and efficiently. I don't think we'll necessarily see racism or hatred against chinese people, though. I also don't think that China will lose diplomatic power - we'll just become much less economically reliant on them.

should also be noted Spanish Flu has at least three major theories for it's point of origin and only states the US as origin. other two are france and northern china.

>>18007559
its over for them now, they are going to come out on top. There is a rule in combat 'if your going to fall, fall first so you can get up first'. they lost like 3k people thats nothing to them

>>18007430
The virus destroyed Trump's economy, wiping out all economic gains since 2016. It was basically like he was never president. The Trade War was a complete waste of time. Now the US is going to fall into a great depression worse than 2008 and is likely to last at least 5 years. Now China has to bail them out again with loans. Watch as Western companies fall further into the hands of the Chinese as they struggle to stay afloat. This will mean the reshuffling of world powers, one that could benefit China if they play their cards right.

>>18007447
This.

They'll probably be cut out of the supply chain as much as possible in the future, and then due to their economy facing potential collapse and their communist party seeing their stranglehold on power loosen, they'll probably start ramping up military aggression.

So maybe war in 20-30 years.

>>18007493
>this type of virus is going to pop up every decade or so.
you mean we would get a totally predictable and extremely profitable crash (just buy puts) every decade
well, next time I won't miss it

>>18007430
China won't be held "accountable". loser.
Loss of trust has already occurred. The damage is done.
The western nations will
1) Begin (already began) efforts to nationalize important strategic medical products. Onshoring.
2) Continue globalism by diversifying risk to other countries. For example: India and Vietnam.

>>18007782
from a /biz standpoint events like these are where the money is made though

>>18007816
retard all countries are putting executive orders to prevent the chinks from buying up US/Euro companies during this crisis.

They are going to bail out every fucking business before they hand it over.

>>18007430
Stop glowing so much. Hostility with Chinkland isn´t in interest of most countries around the world.

When this shit ends, people will be scrambling to deal with The Greater Depression. Instead of hostility against China, we are more likely to see rest of the world abandoning Dollar.

>>18007900
I think a little company called Tencent is hungry recently. She's looking for a new meal to feast on and it seems tonight there will be lots of meals. Eat up, Tencent. Grow strong(er). Turn those weak, dying Western companies into prosperous, successful Chinese companies.

*Gobble Gobble Gobble*

I dont expect it to be so obvious and publicity admitted, if there is consequences I suspect they will at least try to be sneaky, for example Corona is dead and gone, it's no longer a threat but the western world still refuse to do business with them for an extra 12 months, "just incase", "better safe than sorry"

>>18007979
i see your government is letting you post again chang, when china has 3k deaths and USA has 300k deaths you gonna be answering a lot of questions.

>>18007430
We will accept them as new dominant world power. The US was supposed to help other nations in a crisis like this but can't even provide for their own people now and begs for gibs from China. They earn it to take over.

>>18007430
>What does /biz/ think will happen??
Consider your weapons of mass destruction (WMD) now that you've witnessed what can happened with the prospect of this covid-19 as a biological weapon example. Now, imagine the use and spread of known chemical weapons
>https://en.wikipedia.org/wiki/Chemical_weapon
then consider the surge in black market trade and mishandling of/for small-scale nuclear weapons and radiological agents by any number of paramilitary groups around the world.

We would have to hate someone a whoooooooooole lot to consider killing or harming their entire population. So if the wrong people ever got their hands on the kinds of weapons available today, there's no doubt humanity would suffer the next fucking 'end of the world.'

What happens next? We're going to be picking our leaders a little more carefully from here on out. Next level legislature, new minds behind executive forces, and a new generation of judicial exercise. By the time this whole thing settles over - assuming we're still riding up to the top of this roller coaster - humanity will never be the same again. Technology, medicine, agriculture, and manufacturing indexes are going to be the next 4 major elite seats in the world, with their strings attached to every area of business from here to the mars.

>>18007447

lmao nope. After 18 months of home confinement, jobs lost, pensions wiped out, family members sick and dead no one is winning office being pro China. It’s coming back.

>>18008846
China isn't going to go to war with the world any more than they already are on an economical level. They're going to be sucking up to a lot of countries and reordering their entire system of government. And that's their problem now. Too many parties over there in an organized crime fashion similar to that of the 'Jews'. You're looking at powers you can't even comprehend, with operations and abilities beyond the layman's scope and realm of possibility.

You're looking at generations of wealth from entire centuries of power plays laying out the next century's framework of control. You're looking at what's gong to happen next from a very short-range lens, when these guys may have conflicting views on how to handle those short-range problems, but as a country of people who share millenniums of history together and will die as one before they're no longer in that same position of power they're in now.

>tl;dr
>China is going to be fucking fine
>The world isn't going to do shit
>They're too powerful to not side with on the global scale, no matter what happens

>>18007430
The US shit the bed in giving the EU and UK absolutely no help with Corona. This is an American circle jerk but they're legitimately winning hearts and minds here.

>>18009213
Americans or the Chinese?

>>18007493
What weak actions. The US should sever all economic ties with China *indefinitely*. If we set some sort of timeline for actions on their part, they'll cheat as they have for the past 20 years since Bill Clinton granted them Most Favored Nation status. Instead, what we should do is say, "Go pound sand. We are no longer doing business with you and all products from China will be tariffed 10,000%. There will come a day when we business with you again, when you become a properly civilzed nation. We don't know when that will be but we will be watching. If an when that day comes, we will call you. Don't call us."

The US should also extend that same action against other shithole countries such as Vietnam, India, Pakistan, etc. that might serve as proxies for China to sneak their shit into US markets. Manufacturing should either be brought back to the US or other developed nations. The rest of the western countries would do well to consider what I'm suggesting, too.

The above actions will cause prices to rise; i.e., create inflation. Being that the central banks of the western nations claim that they have tried, in vain, to create inflation for the past decade, surely these actions should come as a great relief to those incompetent baboons. Middle class Americans will be employed in useful jobs that pay a good wage, the west is rid of all the shitty Chinese garbage products it's been flooded with, and the low IQ economists in the economic bueaus and think tanks get inflation greater than 2% per annum.

Boom. We get economic growth and, in all likelihood, non-negative population growth which also eliminates the need for more immigration.

>>18007816
China's economy will have longer lasting damage. The complete lockdown is the nuclear option, it will take years for them to recover while the feds go brrrrrr and bailout everyone

>>18009213

The fuck? This is happening to the EU because they refused to address the reality of their global trade ties to China in any reasonable amount of time. Europe's already been teetering on outright nationalism, this has nothing to do with America and everything to do with the EU finally capitulating and nationalist parties rising to further prominence.

Italy got no help from the EU and has gotten obliterated, they're guaranteed a depression and probably Mussolini v 2.0 at this point.

>>18010110
>The US should sever all economic ties with China *indefinitely*.
you must be legitimately retarded to think this is even REMOTELY possible

>>18010193
Except for the fact that America has no money left in the bank. They've literally been running on loans since 2008. Where do you think the massive amounts of debt comes from? China's economy, on the other hand, is a way different story.

>>18010217
I'm old enough to remember a time when there were no products in the US that were made in China. It was that long ago, a bit over 20 years. I did not say that the US would immediately sever all ties. However, if you don't think it could be done in two or three years, you don't know what the hell you're talking about.

It's all a matter of political will and it appears the set up is there for the next president, be it Trump or Biden, to act upon it.

Also, I am not predicting what will happen. I am suggesting a course of action and the effects of those actions. The only people who are going to "suffer" from quarantining China indefinitely are the money changers and their pet monkeys (executive management of publicly traded companies). Everybody else will do better.

Businesses were already pulling out of China before this due to the trade war. The company I work started sourcing shit from Vietnam and other nearby countries instead.

This process will just accelerate and China will be left with a contracting economy.

>>18010362
The US has all the money in the world since it controls the printing press of that money. Even if we destroyed the dollar, making it worth less than a Zimbabwe dollar, we would still own all of our own country: all the fertile farm land, all the ports, all the highways, all the buildings, all the natural resources, all the colleges, all the commercial real estate, etc. We are a very wealthy nation and if we were to lose the exorbitant privilege of the dollar, we would still be able to have a very good lifestyle.

Some rich parasites would be REE-ing as they would have to start actually working for a living but no one's going to care about them. Meanwhile, the rest of us would get to work to rebuild this country's production/consumption economy, leaving the FIRE economy behind.

>>18010362

Right, China's economy, built on even more debt, ghost cities and property overseas. Whose chief export is intellectual theft.

>>18010195
Spoken like an idiot (American)

>>18009751
The people sending medical supplies and doctors you retard. The Chinese.

>>18010550

You're probably one of those fags who said I was crazy for saying there'd be a right wing backlash in Europe for the refugee crisis. And you probably thought Brexit was impossible. You'll be wrong again you short sighted fag. Might as well leave this board right now before you give someone terrible investing advice with the mental faculties of a histrionic stay at home mom.

>>18010579
>Be arsonist
>Set everybody else's house on fire
>Help them put out the fire
>Mr. Fireman, thank you so much! As a show of my gratitude, please come into my house and fuck my daughter.
Nigger, please.

>>18010627
>you'll be wrong again
Says the guy arguing that Americans are going to come looking like heroes from their absolutely botched response to being asked for aid.

>>18010695
Let's take the metaphor a bit further. How would you feel if your other neighbor tried to steal your fire extinguisher in the middle of the fire?

>>18010713

That wasn't my argument at all retard. I explicitly said this isn't about America, America is doing its own thing, China is giving the EU a fucking virus that is going to send 50% of its member states into deep recession at a seriously vulnerable time. If you think this is going to strengthen their trading bond you're an idiot.

>>18007430
wont be suprised if we are at war with them iin the next 5 years

all the economic incentive for a truce are gone. now we have governments literally giving people money to try and prop up dead economys. in comes war time economy to save the day and kick some bug man butts in the process!

>>18010367
>I'm old enough to remember a time when there were no products in the US that were made in China. It was that long ago, a bit over 20 years.
You fucking with me? A shitload of stuff had "Made in China" stamped on it back then, and for a good couple years before, too. I'm not that old, but I remember the 90s.

>>18010748
If you're talking about the story that Trump tried to buy out that German company developing some sort of cure or vaccine for the virus, the company has stated that that story is untrue. Of course, I don't know if they were coerced into saying that so if you can cite a source, please post it. Otherwise, to the best of my knowledge, your US neighbors have not tried to steal your fire extinguisher nor have to we paid any fireman more to put out the fire in our house before yours.

>>18010843

It factually began in earnest when the WHO admitted China in 2001. This also coincided with a precipitous drop in American manufacturing jobs so... easy math. We could stand to cut these cunts off by at least 50%.

i sure hope everyone gets on the fuck china train

>>18010909

*WTO

>>18010843
You must be extremely poor and shop exclusively at Walmart. I was not wealthy but I was working as a software developer with degrees in electrical and computer engineering. Any home electronics I bought were good quality stuff in the waning days of Japan's golden era. Manufactured goods were largely still made in the USA although I was seeing a lot of Mexican shit. If I had a house at the time, I could have bought an entire set of Made in USA Craftsman tools for a reasonable amount of money. I bought the inexpensive, no-name brand tires for my cheap car and they were made in the USA. Car batteries were made in the USA. I live in Texas although I don't know if that makes any different. The Chinese shit didn't start appearing in 1999 or so.

>>18007430
enola gay will pay them a visit

>>18010871
It's true. The American CEO was kicked out the day it came out and replaced with the original German founder.

>>18007430
>Economic sanctions
Trump just spent like 3 years trying to get them to buy more American S O Y lol

>>18010909
Proud to live in a manufacturing county.

>>18011111
Six! I bought some New Balance made in America. I am boycotting alot now!

>>18010967
I distinctly remember people making jokes about (usually cheap, yes) goods being "made in China" when I was a kid in the 90s -- which, god help me, was more than 20 years ago now. I'm sure there were far FEWER Chinese imports, even without looking up any actual stats. They weren't as ubiquitous. But there were still plenty of them.

And I'm not really trying to make any kind of a point here, political or otherwise. I personally think it would be more than possible to stop relying on Chinese imports, even without stepping domestic manufacturing back up. China's not the only manufacturing-based economy in the world.

>>18007461
Did the Spanish Flu come from a bioweapons lab, or from a filthy wet market where exotic animals are sold for food? No?
Fuck off Chang.

>>18007461

2 cents has been deposited in your account

>>18008887
Yeah, I don't think you understand that companies don't give a shit about you. It's all about making money.

>>18011028
That is not proof. It could be a knee jerk reaction to a rumor. I read the actual article where the company officials (not the CEO) said that the rumor was untrue. Unless the news story you saw (please give the link) clearly stated that the American CEO was fired because he was in negotiations to grant the USA exclusive or first access to the drug, it doesn't prove your statement.

>>18011157
Good on you. I only buy Made In USA New Balance sneakers and have done so since 2009 or so when I found out they actually made some of their shoes in the USA. As for dress shoes, it seems it's only Italian made stuff or trash from India. I'm still wearing an old pair of Florsheims that were made in the USA but I have bought some nice Italian shoes fairly recently.