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To be precise, it’s the government forcing business to close that is costing trillions. The vast majority are not in the risk group at all, and would had contin
by jeofken 6y ago
To be precise, it’s the government forcing business to close that is costing trillions. The vast majority are not in the risk group at all, and would had continued to provide value if they could. Instead, we see economic shutdown and governments speeding QE up to the next level to keep markets afloat by inflation. Smells like Weimar but with smartphones