Controlling the Narrative Is Not the Same as Controlling the Virus

As I’ve noted in previous posts, the critical dynamic here is consumer confidence: consumers cannot be allowed to become hesitant or afraid lest they stop borrowing, borrowing, borrowing, buying, buying, buying and speculating, speculating, speculating. Authorities outside China have no more interest in accurate death totals being released than Chinese authorities, and so official agencies and the corporate media dutifully parrot the implausibly low Chinese statistics as if they reflected reality.