As  posted to the Peak Prosperity YouTube Channel on February 4, 2020

(Run time 13 min 43 sec)

In Update #13, on the Wuhan New Coronavirus (officially “2019-ncov”), Chris Martenson reports:

“As the Wuhan Coronavirus spread worsens, the financial markets are throwing one hell of party, hitting record highs. Yet the world’s #2 economy, China, just hung up a big “CLOSED” sign . . . stocks should be tanking hard here. How can they shrug off the virus’ threat to global trade?

Chris believes that government intervention is at play here. There are few things that send the soothing signal that “All is well” more than higher stock prices do. As politicians say: “When it gets serious, you have to lie”. Folks, it looks like the Coronavirus is so serious that governments are in full panic-suppression mode. It’s becoming harder and harder to trust the official guidance being issued . . . we need to educate ourselves as best we can.

Meanwhile, the new data we are gathering suggest the virus continues to be more contagious than previously expected . . . “

Chris continues tirelessly synthesizing the data and reporting back to you with understandable and practical insights.

(This is Blog Post #726)

Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation.  Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and the environment at his site, www.peakprosperity.com.