Coronavirus: Psychosis and Speculation

The speed with which virus infection psychosis is running is impressive and the effects are touching on our society in a concrete way. Panic is emptying supermarkets for fear of running out of food and water in an absolutely irrational way. Bad information and fake news are succeeding: to spread panic!

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Coronavirus is a moment of weakness not only for people's health but for all that produces wealth: industrial production in decline, stock exchanges falling and tourism in full crisis. The only products that are bought today are medical masks and hand soap; the former are now nowhere to be found all over the world.

The world stock exchanges ended the week in deep red, touching losses that bring us back to 2009. Speculators, those who take advantage of world misfortunes to sell stocks at current prices, causing market panic and mass sales, are already in action by several days and they are burning billions of dollars on the market, ready to buy them back shortly.

Panic is causing hundreds of thousands of hotel, flight and train reservations cancellations. The panic is spreading like wildfire ... There are strong falls on import and export ... Nobody buys anything anymore because people are afraid. Psychosis is more dangerous than any epidemic or pandemic ...