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Globalization and dangerously this virus is being used as a political weapon. In the coronavirus im joined by my guest fred tang in new york he is president of the american China Public Affairs institute in delaware we have scott ritter he is a former Intelligence Officer and the United Nations weapons inspector and in beijing we cross to john gong he is a professor at the university of International Business and economics right cross talk rules in effect that means you can jump in anytime you want now is appreciate let me go to scott 1st here scott you wrote an. Article i saw in the american conservative titled tit for tat coronavirus politics are making us sick what a wonderful title i like the last sentence a lot im going to repeat it for our audience here politics is trumping science and medicine diluting the effectiveness of any response the consequences could be very well catastrophic what i mean by that go ahead scott. Well again im not a doctor but we do have what appears to be you know prepared dimmick conditions a regarding the spread of corona virus this is something that has the attention of people around the world especially here in the United States but also japan and china iran italy everybodys feeling the effect of this its a medical issue its one that requires scientists and doctors to focus resources on to identify the problem and come up with a solution the United States should be a leader in this regard we are the Worlds Largest economic power were the worlds you know we have significant resources can be brought to bear but instead of you know focusing our energies we have republicans and democrats we have a president and congress playing politics the president calling it a hoax congress cues in the president of you know putting together teams that arent a viable scientifically led by mike pence who they continually degrade there might be some legitimacy to their their complaints or the point is this isnt helping solve the problem this is weve turned this into a political one upmanship during the american silly season the worst time for political one upmanship a president ial campaign in the end result is were not getting done what probably needs to be done to prevent this drone of ours from becoming a Global Pandemic i mean going to challenge in beijing i mean john you know as you look out western media particularly American Media has been covering this i mean do you think that the American Media is framing it correctly because i mean there is a very strong subtext that to know this is somehow chinas fault or china can rise to the challenge of it because of its government because of its economy because of its people i mean theres a very strong undercurrent of anti chinese elements being played out here at least thats my reading go ahead john in beijing. Well from what ive been reading markham press so far i think of a couple of issues here 1st of all you notice of blaming as you point out that this originates from china and its or chinas fall but i havent seen this series of you square a lot of miming talk a lot about this the 2nd attack is about initial response to this in a some reports about chinas government sort of cover up socalled a cover up and well at the very least being slowing to respond to this quickly and the 3rd kind of a serious that you know its an attack on the chinese system saying well china has this konya magic locked down city of 20000000 people you cannot be done its impossible to do it things are only going to get worse then there has been pretty much refuted so far because in and look at the statistics in fact the number has been good coming down dramatically as a matter of fact as of today the number of new cases in china ill settle will be province is less than 10 and the numbers nude in fact it within the who have problems with us originated it is also less than 10 excluding the city of hama siddle will cost you have some problems you know the number is a 100. 00 something but its dramatically don so clearly i think the measures the socalled a cocoon your majesty has been working very effectively so far and this also be indorsed by the the head of the show china joint Investigative Team this guy is a canadian doctor he had a very round statement at the press conference of a few days ago 20 out that conclusively that the matches taken by chinas government so far has been very effective so clearly you know this is the very best these are awesome it was it that is certainly not a message its making american cable i can tell you that fred if this disease had come out of italy do you think the reaction would have been different. Yes i think it will be different because right now since the tree was going on there is a tendency of the human eyes in china or whatever its happening in china but people have this that when the diseases and it when this should not be politicized because it is the real people who live in. Mathis and also if its contagious if we politicizing it its just going to affect and spread to more cities and more countries you know scott one of the broader issues i think that serious people look at this and look at policy is the whole question of globalization is being reassessed now because there is the charge the claim that a lot of these things that need to be to cured are only can be had from china and not in the United States i think for example like penicillin it is no longer produced in the United States been outsourced here and im not blaming china and im blaming American Companies for moving their i mean they abandon workers in america for profits ok its very easy to demonize china in this respect but dummy china wants to get rich like everybody else here so the issue of globalization open borders supply change things like that go ahead scott well i mean it look we live in a reality in a reality based world where globalization is a thing and its not easily reversed if it can be reversed we you know weve outsourced our entire economic model is dependent upon you know getting components at the cheapest possible price. You know and yes when there is an impact if china shuts down the factories that produce the components we need are producing those components of japan shuts down if it only shuts down if any nation that produces components that are used in the American Economy should stay on you know obviously there will be an impact but at the end of the day you know this coronavirus is this isnt you know the end of the world this is. Isnt something thats you know next insole threat to humanity it will be resolved in those factories will come back up and those parts will be provided produce so i dont see this as a as a threat to globalization but i do see the short Term Economic impact being politicized so that we we have people trying to score political points exploiting you know the short term inconvenience of you know of supply Chain Disruption well it does tell you that an event like this can have depth have an impact that may be unforseen and i think that and there is some i hope smart people reassess and think whats going on here basic medicine you should produce it at home but i think thats common sense its common sense but its not just go ahead no i agree but its but its not just coronavirus this is you talk about a larger issue youre talking though about the larger issue of globalization weve always had a problem if politics intervenes if they china in the United States through a trade dispute you know we get the supply saying disruption if japan and south korea as you know problems with each other create this so its not just coronavirus that youre talking about a larger globalization im agreeing with you i mean the reality is is highlighted this but this exactly its highlighted here let me go to john here john what if you want to jump in john go ahead. Yeah in my view you know theres the idea that their supply chain is greatly affected by this i think its greatly greatly overblown you know initially there are some reports about b. M. W. s factually because a European Union some parts from china but you know other than dad i dont think this quickly a fact as a matter of fact the Chinese Government has been going out of her way to help Foreign Companies operating here in china given example when companies resume production the 1st thing they need is mosques and other this in fact and other protective gear that kind of things to make sure that workers in a factious are not going to be a fact it and you know these supplies a kind of thing such a short supply these days each other and in Chinese Government minister of commerce has come out with a decree saying that we should have a problem with people those companies Foreign Companies operating in china and if you look at the statistics the percentage of companies that have been coming back to production the rate of resumption of production is almost 70 to 90 percent in most parts of china so i dont believe you know i have some doubt skeptical about the theory that the supply just been great to be a fact and as a matter of fact this issue has been precisely be used as a as a political weapon to sort of you dont quit companies can china out of out of china as a matter of fact the secretary of commerce wilbur ross at the very early time came out and saying this could be a very Good Opportunity for American Companies going back to United States you know its very clear its been politicized yeah i mean fred you know they would give me one of the biggest criticisms of this whole thing of china is that its not transparent enough you agree with that assessment i mean you hear it all the time but when i hear something all the dogs in the Mainstream Media thats when i begin to doubt go ahead fred. Well i think just this girl in the virus as the case china has been reporting numbers day by day province by province and it is very transparent if you compare that to the flu the influenza in the United States we have 16000 people who die from it we do not see that they number into a state by state. Who was infected and who was hospitalized but i do want to add that about globalization globalization in the self its good it helps low and of course it benefits most of the consumers in the world the problem here is supplier management i do think that i do not think thats a lot of these businesses or manufacturing is coming back to the United States but these could be managed in different locations of parts of the world so that we would not be you know in case of some disruption we would not be short change of the surprise so i think the same way. Scott have talked earlier because of the trade was so for china was affected where United States would not sell to the chips of them for them to make cell phones so i think thats another thing is the supply chain as a world for doing business we should not politicize that and using that as a weapon against each other and particularly since the the the at least the 1st phase of the trade deal is really quite contentious and there are some very big challenges ahead for both countries and again there are going to be policy makers are going to look at what this call coronavirus and how it impacts trade and how trade agreements can and should be made in the future im going to where we do it a short break here after that short break well continue our discussion in the coronavirus state that our city. Join me every thursday on the alec simon show and ill be speaking to guest of the world of politics sports business im showbusiness ill see you then. Welcome to max keiser financial survival guide. Looking forward to your pension account. Yanks this is what happens to pensions in britain. Watched kaiser report. Were feeding our hopes our dreams our desires our money to compete this creates a what do we get back to no like thats thats a bad deal so when is technology jumping out of the street when is the goal is he helping need to keep you healthy to keep me informed or to keep me you know connected and i missed it so we will live in an area the post screen area where we will live with less and all these screens and it will be more in harmony or it will help us more. Why do we go to war because we view the key to Economic Growth as oil and energy we go to war is Vice President cheney said for the oil thats why they invaded iraq for the oil thats why trump says the one thing we want syria we really dont want to go to war with russia we want. Just control the oil. And the gas lines and the pipeline through afghanistan so the military is really an extension of controlling of world energy and oil. Welcome back across town where all things are considered im Peter Lavelle truman were discussing the coronavirus. Are lets go back to scott scott one of the things thats happened during the course of the last few we even months is the rise of conspiracy theories trying to explain whats going on here you have there was a law that lost control of a this virus that was intentionally generated engineered on the other hand maybe the American Senate there because of the trade war and you have a whole lot of a plethora of theories out there that are floating around on the internet why is that why is this happening or assisted nature of our age that a Conspiracy Theory for everything go ahead scott 1st of all what started so nature of the of the internet age especially where youre going to get this kind of buzz taking place i think one of the reasons why this has been nipped in the bud is because of politics you know there this is one of the things i was trying to say early on is theres a need for leadership for scientists for doctors for experts to stand in front of the public and inform them about exactly what is going on the exact nature of the threat and if they dont know something to look in the camera and say we dont know this is this time but were working on it and we will get back to you thats not happening when we do get dr speaking their message gets diluted by politicians who either undercut or overhype what the doctors are trying to say you know theres a lot of questions. Out there about you know were just were jackley coronavirus is you know how its spread why do people who are a systematic spread the disease things things of this nature how do you handle it do you wear a face mask do you wash your hands do you do both of these are these are things that sound leadership could address early on educate the public inform the public and this would nip the conspiracies in the bud but you know these conspiracies thrive in a vacuum and right now we have a vacuum of you know highly sourced information about rotavirus and so d you know people are going to be speculate or be susceptible to speculation you know you know john i mean ive been following this very closely i kind of waited a week or so to do a program on because i actually what scott was saying was trying to understand the story because theres so many contradictory things coming about out about it not an unfortunate i think its intentional because people are playing politics but john i mean i know you dont speak for the government in beijing but i would have to imagine that the the government in beijing is a bit. Curious and disturbed that you hear the president of the United States Say Something then you see the speaker of the house pelosi say another thing and theyre squabbling and then you have a medical professionals giving us kind of the hard news this is going to be hard to contain a lot more people will probably catch it and we have to hold learn a whole lot more but you have this political level and then you have this expertise level and theyre not talking to each other at least thats my perception of it go ahead john. Well 1st of all let me say a few words about Conspiracy Theory that i think theres also a fish out of Conspiracy Theory here in china as well but i think its a bit different our United States and you know the fact that the conspiracy is through usurer sells its like sacks of yourselves very well its a business actually other than that theres also a group of people who are any of the only states that are into vaccine and these people have a political agenda you do you know it as it was i know there are people United States refused to take vaccines and they use into this opportunity to censure the public in this theory that this has a lot to do with people trying to get vaccines but theres not that pot in china in china i think theres a lot to do with people just trying to make money out of this and you know its a its a real big business if you think about it you know the the rulers these various conspiracy theorists are not so much coming from serious media dollars theyre mostly coming from these whats called grassroots new Media Outlets that coming from nowhere that make it out of money out of business but that it and its very sad now with respect to the 2nd question about you know the inconsistency between what present trump a sane and what nancy prose is saying what x. Parts are saying thats from a c. D. C. Are saying this is just very comical email opinion you know this is also quite. A funny that you know such an important issue concerning peoples lives could be so much food aside as the United States i cannot stand from present trumps perspective is that downplaying this these things is going to weigh in this election and this is coming from nowhere trying to ruin his whole election chest button and the democrats are jumping on this opportunity so so its so its very sad also to see that you know both sides of the ellington congress are basically trying to politicize in this and take an amount of this you know it at that and then he i think that its also want to make a point that it seems to me that. The c. D. C. Has been very slow in coming up which these tests. You know the supply is scant the price is high a lot of people getting tested well john welcome to the American Medical System ok and again one of the derivative elements of this whole situation with this virus here is the nature of the American Medical System in the United States its very everything is very very expensive things can become very very scarce i mean i what was there a young man in california that wanted to get tested and it ended up being like 3000. 00 or Something Like that just to get a tatts oh my goodness here i mean thats a commentary and thats a big issue in the American Campaign about what kind of medical system the country should have let me go to fred here fred you know kind of stepping back from all of this here we did have the 1st round of the trade deal it was a very contentious and i have to admit in the American Media china is very much demonized i sometimes think its you know the democrats they demonized the russians and the republicans they demonized the chinese at least thats the provision on cable t. V. But how can how is this going to move us russia im sorry u. S. China relations forward or are we in kind of a cul de sac right now go ahead fred. I do not think that you know this thing will help us with us china relations i dont think it will hurt but it does put even to face one deal on some floor of a hiatus because right now there is no way for china to to work all these situation but there in the long run. Maybe will put less tension on the trade. The less politicized and less conflict between the 2 country a better for businesses its. From my perspective as american i wish both countries to open up to the products and the Services Free to both countries to trade i think that is really the long Term Solution rather than talking about the u. S. And only on specific products and services ok let me go back to scott here scum town do you feel. I just get this sense you know i dont know i kind of want to be just ate a political here but i mean looking at the the discourse about this theres a lot of people and then a lot of people a lot of democrats want to see trump fail on this i mean that is just mind boggling i mean this is the disease doesnt have an ideological preference ok thats virus will go after everyone but it got get the very strong sense that because of all the squabbling they dont want to see this resolved politically in the United States and around the world they would like to see this to turn into a catastrophe personally for donald trump but of course that would be a personal disaster for anyone that gets this virus go ahead scott. Well 1st of all ill just say that i have not heard either joe biden or Bernie Sanders or Elizabeth Warren or any of the viable remaining Democratic Candidates articulate you know specifically we want trump to fail they actually say the exact opposite but then what happens is you know theres theres the political machinery thats not just you know the various campaigns but also the media the american Mainstream Media which i think is part and parcel of a group that wants donald trump to fail and while they may not be cheering on coronavirus to bring down the Trump Administration i think they are cheering on the fact that the Trump Administration has shown some extreme incompetence in handling this and they highlight this incompetence and that doesnt help the issue at all everybody should be working lockstep to resolve this issue politics should be pushed aside this is one of these National Security issues where democrats and republicans need to come together and thats not happening because again were kneedeep in the silly season of american president ial politics where everybodys seeking to get some sort of political advantage regardless of the cost yeah its a really pathetic when you get to choose this issue here i mean it really tells it says a lot about our times here you know john one of the interesting things im trying to be positive here is that this should be a learning lesson for everyone in the world i mean what were going to get past it were going to get past this ok but it should be a learning lesson how to deal with that and i hope that will be the Lesson Learned from all this and i agree with scott completely this silly season of american politics you know it really blurs the vision of so many people and particularly in the media here but john i think this could be a learning experience if people want to learn from it go ahead in beijing. Oh absolutely i think what the ritual reporter has said says it all you know its summarizes what has been done in china what has been effective in china well measures to take you know very detailed information i root i keep referring to that press conference by. Dr elwood whos the head of the year there show china joint Investigation Team he is in fact to recommend the many of the measures that are being implemented here in china but the problem is that whats up being done here in china is not very convenient from a political point of view in terms of attacking chinas institutions the way of doing things so you know its not surprising to see that very Important Press conference was not so much split or publicized the United States is very new to report about that conference 1 2 press conference very report about the report coming from the british show as a matter of fact what the south korea is doing to some extent is essentially mimicking what chinas been doing so i think you know again i said you know were going to put our acts together to to to to to handle this human problem not so much politicizing this aware this being an issue between democrats and republicans when its an issue between the chinese is judicious versus a market particular system we should set aside a lot of this and try to take whatever measures thats been effective ok fred ill give you the last word can we put all those things aside and resolve this issue on a go on on a global scale because i have my doubts go 40 seconds go to you fred go ahead. Of you i have my doubts also especially if what do you does i do think other countries when they have a rational they will start looking. So that they can help themself in the future well thats a very very good point at the end of the day its going to have to be a learning experience for all and unfortunately it happened in the right in the middle of the silly season as scott has pointed out it was thats all the time we have many thanks to my guests in new york and in beijing and thanks to our viewers for watching us here at our d. C. An experiment remember. Thousands of american men and women choose to serve in the countrys military and the decision little sheltered lives every song came to a complete. Stranger to be instructed you know told to shut up what they kill me and i see how it destroyed my life any screamed at me and he made me come in and he grabbed my arm and he write me with his birth thinking if you take into account that women dont report because of the extreme retaliation its probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing tat happen but ive never seen trauma like ive seen women who are veterans who have suffered military sexual trauma reporting rape is more likely to get the victim punished and the offender and almost 10 year career which i was very invested in and i gave that up to report a sex offender who was not even put to justice or put on the registry this is simply an issue of our in violence male sexual predators for the large part of target whoever is there to prey upon whether thats a man or when. These policymakers are grown accustomed to the i. There that every single problem can be solved with money for anything why cant we solve the coronavirus of money printing the market now is starting to scratch just had a little bit and saying wait a minute thats the same so therefore valuations look like theyre going to be marked down already in correction territory on these markets down 10 percent are we going to have to bear market valuations down 20 percent probably i think the likelihood is extremely high ill really have a 50 to 60 percent drop thats probably a 10 to 20 percent probability of. One else truths seem wrong. But old rules just dont hold. Any new world yet to shape out these days comes to agitate and in games from an equals betrayal. When so many find themselves worlds apart we choose to look for common ground. In a new front runner in the u. S. Democratic race to take Donald Trumps place joe biden sweeps super tuesday but hes facing a backlash as well over his iraq war policies. That you believe might find any good deal for days after a heralded peace a deal with washington the taliban kills more than 20 soldiers and police in afghanistan while the u. S. Responds with airstrikes. And police and clash with Asylum Seekers as the Turkish Border at the Turkish Border as iran with over refugees deepens spent a night at the frontier as thousands of people scramble to

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