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dude409

08/02/20 1:06 PM

#298067 RE: biosectinvestor #298053

bio, right, well put. Thanks !!!
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longfellow95

08/02/20 3:56 PM

#298076 RE: biosectinvestor #298053

When this is through, it is very possible the US Dollar will no longer be the world’s preferred currency. People want their reserve currency to be from a stable country. When that happens, American life and the standard of living will change forever. That will be driven by how normal or insane we are as a country over the next year and months. We may recover, but there is no guarantee.



Agree completely. But I would just add that, imo, the tone has already been set on the sanity / insanity front.
For sure, we would define that front very differently, but we agree on potential outcome, I think..

32.9% drop in annualised GDP.

I just don't think it has really registered yet with some, as to just how truly unprecedented and cataclysmic that is.