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Tuesday, March 24, 2020 10:48:50 PM
2) government is arguing that out now and attempting to do this @ 0% interest rates. Feds out of power.
3)4-6 trillion is a good starting place alright. Check check check alls good.
4) now throw in the virus. It's all by the play book until we account for the virus. Then the plan falls apart. In order for the plan to work the economy must be stimulated. People must spend. Instead people are afraid. People will save. People wont be returning to work in april. There will be quarantine. Numbers will explode. Earliest we see improvement minus a miracle will be late may early june. But by then the damage will have been done. We will most certainly be in a recession and depending on how we control the virus outbreak (currently a poor attempt at best) we may even see a DEPRESSION. This is what you need to be paying attention to.
No amount of money will make the virus go away. It's the perfect storm.
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