Looks like there is good news to report on effective treatments for the “China Virus” coming to the public. One is in the form of the anti-malaria drug — Chloroquine. It has been scientifically proven to be effective in treating this virus. There are also a few others, and President Trump is cutting red tape at the FDA to get them approved fast.
Now the bad news. The financial damage done by the China Virus is increasing and is not reversible. Layoffs are increasing, and businesses are going bust. Now, the Governor of California, Gavin Newsom, is telling people to shelter-in-place until further notice. Top money manager Ray Dalio says the world could lose $12 trillion because of the China Virus.
I use to say the pretending is ending when it come to our Ponzi economy propped up by fraud, crime and money printing. Now, I say the pretending has ended. Trillions will be lost, and many trillions will not be paid back now that the biggest debt bubble in history has popped.
Join Greg Hunter of USAWatchdog.com as he talks about these stories and more in the Weekly News Wrap-Up.
Egon von Greyerz of GoldSwitzerland.com will be the guest for the Early Sunday Release. He will talk about how hard times are guaranteed now that the biggest debt bubble in history has popped and the world financial system is bankrupt.
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.