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It stops the stock market slide. Apparently it doesn't, markets are down, in spite of the promise of infinite money. I think whether we bounce back quickly wi
by grey-area 7y ago
It stops the stock market slide.
Apparently it doesn't, markets are down, in spite of the promise of infinite money.
I think whether we bounce back quickly will depend on how the next few months go and whether countries manage to contain the virus in time or it starts to overwhelm healthcare systems.
- pbourke 7y ago> Apparently it doesn't, markets are down, in spite of the promise of infinite money. All of the funny money in the world won't answer these questions: 1. will a given firm exist in 12-24 months? 2. will anyone want to buy anything from that firm (or that firm's customers)? 3. when will anyone want to buy anything that is not the roof over their head, food or toilet paper?