The only thing Americans have been more complacent about than the stock market (until the last few days) is the coronavirus. From Michael Snyder at theeconomiccollapseblog.com:
We still don’t know if this coronavirus outbreak will become a horrific worldwide pandemic or not, but what we have seen so far is definitely very alarming. People have literally been dropping dead in the streets, the Chinese government has locked down major city after major city, and the virus kept spreading very rapidly on a cruise ship off the coast of Japan even though a strict quarantine was instituted. Scientists that have studied the virus are telling us that it “could be 20 times more lethal than the flu”, and it binds to human cell receptors much more easily than the SARS virus did. Unfortunately, because the epicenter of this crisis is on the other side of the globe, most Americans are simply not paying much attention to it. In fact, most of the people that my wife and I have been talking to and hearing from don’t think that the coronavirus is much of a threat to the United States at all.
And if the coronavirus does start to become a problem in this country, a new survey has found that most Americans are quite confident that the government can handle it…
More than three in four Americans say they are very confident or somewhat confident in the US federal government’s ability to handle a coronavirus outbreak, a Gallup poll has found, a higher level of confidence than in previous health scares.
Gallup said the results were from a February 3 to February 16 poll that began just days after the Trump administration announced it would suspend entry of foreign nationals who had been to China in the previous two weeks.
Hopefully this coronavirus outbreak will not explode in North America and our normal lives will not be disrupted.
