China's treatment of the coronavirus is 'Chernobyl-like' | Sky News Australia

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Founder of The Switzer Report peterswitzer says China’s handling of the coronavirus has been described as ‘Chernobyl-like’ by one of the United States’ top financial services.

Founder of The Switzer Report Peter Switzer says China’s handling of the coronavirus has been described as ‘Chernobyl-like’ by one of the United States’ top financial services. Mr Swtizer said financial services business Raymond James analysed Chinese officials and academics and “they reckon they’re covering up how problematic the whole thing is”.

The company said it believed the worst was yet to come and the market was underappreciating the potential dangers of the virus. “If Raymond James is right, I think we will see the market come off the boil,” he said. The Chernobyl disaster was a nuclear accident north of the Ukrainian SSR in April 1986. The incident – considered the worst nuclear disaster in history – was initially denied by the Soviet Union before authorities admitted a minor incident had occurred.

 

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peterswitzer No win situation. They either get criticized for doing too much or too little.

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