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Are there any things you are leaving out in 2008 and 2020-2021 in this analysis though? One self-inflicted from deregulating the finance industry, another a bla
by piva00 1y ago
Are there any things you are leaving out in 2008 and 2020-2021 in this analysis though? One self-inflicted from deregulating the finance industry, another a black swan event.
Running wars is a choice, a pandemic hitting not so much.
- MagnumOpus 1y agoCOVID was a black swan, the completely irresponsible and unnecessary redistribution from taxpayers to company owners that was the PPP was a choice. (One that most other governments worldwide didn’t make.)
- piva00 1y agoAh, yes, for PPP you're absolutely correct, also: > The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020