Hysteria over the coronavirus is ramping up.
Democrat politicians are using the outbreak to attack Donald Trump and score cheap political points.
But one MIT scientist has a mind-blowing theory about the coronavirus.
The coronavirus that originated in Wuhan, China and triggered a health crisis across the country has finally come to the United States.
There have only been about 5,000 confirmed cases in the U.S., but that number will inevitably grow before the infection rate slows like it has in China and South Korea.
But that hasn’t stopped Democrats from using the coronavirus as a talking point to hammer Trump.
They’ve called everything the Trump administration does—or doesn’t do—a scandal, so it’s impossible to take them seriously.
But one MIT scientist offers a provocative theory about the coronavirus.
Shiva Ayyadurai, who has a PhD in Biological Engineering from MIT, believes fear-mongering over the coronavirus is a deep state ploy to manipulate financial markets.
Ayyadurai said on Twitter:
“As an MIT PhD in Biological Engineering who studies & does research nearly every day on the Immune System, the #coronavirus fear mongering by the Deep State will go down in history as one of the biggest fraud to manipulate economies, suppress dissent, & push MANDATED Medicine!”
Ayyadurai’s assessment is certainly provocative, but it wouldn’t be the first time government officials used a crisis to scare people into preferred behavior.
Farhad Manjoo of The New York Times didn’t waste any time suggesting that the coronavirus is why we need socialism.
Other left-wing publications have suggested that capitalism is to blame for the spread of the virus.
The coronavirus originated and spread in a communist country that lied about the disease for months while silencing citizen journalists and health officials.
As Ayyadurai mentioned in his tweet, financial markets have gone haywire since the outbreak ramped up.
Supply chains have been disrupted and global markets have taken a hit—much to the delight of some on the left.
They’ve been calling for a recession to weaken Trump’s re-election bid and they might get it if the hysteria remains at a fever pitch.
Ayyadurai also said that the coronavirus panic was “far beyond what the facts would warrant.”
Nobody knows how the coronavirus saga will play out.
Health officials have offered mixed signals, but one thing is for sure – the politicization of the coronavirus is deeply disturbing.
It’s clear that motivated actors don’t have America’s best interest at heart.
If they did, they wouldn’t be trying to make political hay.
The good news is if you’re an investor who’s not prone to panic, now wouldn’t be the worst time in the world to go long on good companies if they go on sale.
Once the crisis subsides and supply chains are back on schedule, stock prices will go back up.
Panic is never a good quality when dealing with a crisis.