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The US has printed $6T (and more) to bail out the wealthy and investor class. $250B just for unemployment. If developing countries can print even $100B, IMF, Wo
by raincom 7y ago
The US has printed $6T (and more) to bail out the wealthy and investor class. $250B just for unemployment. If developing countries can print even $100B, IMF, World Bank, Moody's, S&P, and the local elite 'brainwashed' by the West want to cut down rates and what not. Yes, the US can take care of its poor, if politicians want to.
In developing countries, even spending $2B on coronavirus is a huge amount, and lead to other problems.
At least, I am happy that Gates is spending his dollars where he can get maximum results. It is like investors wanting to invest in distressed companies and junk bonds: big returns.