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Re: KevGee59 post# 256143

Wednesday, 03/25/2020 4:35:29 PM

Wednesday, March 25, 2020 4:35:29 PM

Post# of 425831
KG59@ Im not american but every daim i own in invested in US based ETF's - and stocks - so US policy interest me for sure !
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What is obvious (and was also in 2007- 08 crises) that in situations like this - Central Banks have learned - from worst case Great depression 1929 - and a number of recessions there after - that authorities has to attack this problem aggressively from the start.

This means supporting the 'economy and companies - directly' as it is 'in the end much more damaging' - not to do anything.

So what we see right now is a 'Blindfolded' throwing (new) money into 'the system' - to privates and companies - to keep the capacity to 'Recover fast' alive.

And today' experts says it is the right approach.

Jasbg
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