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Donotunderstand

03/13/20 1:55 PM

#598062 RE: ZZ Fannie #598060

yes

scary


lots of departments missing people and talent

Mulvaney and Miller et al - loved it

now we are feeling it

Letgoofmyfannie

03/13/20 1:59 PM

#598066 RE: ZZ Fannie #598060

Italy’s Nightmare Offers a Chilling Preview of What’s Coming

https://finance.yahoo.com/news/italy-nightmare-offers-chilling-preview-050009137.html

"" The unfolding financial crisis is deeply entwined with what’s happening in shoe stores, shops, and hospital wards. Unlike the last financial contagion, which largely came from within the banking system, this is a shock to the entire economic corpus. As business grinds to a halt, the country risks a domino effect of unpaid bills and loans that threaten to ripple across the globe.

“Basically, it’s a natural-disaster case,” Philipp Hildebrand, vice chairman at money manager BlackRock Inc., told Bloomberg TV. “If they don’t have customers for a couple of weeks, it becomes very hard to service their debt, it becomes hard to pay the rent.” ""