CHINA CITIES DECLARE MARTIAL LAW OVER VIRUS OUTBREAK; U.S. MILITARY ORDERED TO PREPARE FOR PANDEMIC DUTY - "CONTAINMENT" - CHINA FACTORIES TO REMAIN CLOSED TO MAY 1 - STOCK AND CORPORATE DOOM
UPDATED 9:05 AM EST -- SEE BOTTOM -- The ongoing outbreak of a novel coronavirus in China and numerous other countries, has taken a major turn for the worse. The epicenter of China's outbreak, Hubei Province, announced 14,480 new cases since yesterday, and 542 more deaths since yesterday. One city in China has declared MARTIAL LAW. United States armed forces have been ORDERED to prepare for Pandemic in the USA.
Economically, disaster is now taking place: Supply chain disruption from lack of China manufacturing will bring corporations to Bankruptcy now that China has announced factories will NOT re-open until at least May 1, 2020. The US Stock Market is likely to be completely wiped out; may not even exist in 3 months. Banks? Don't ask.