The movie so far

Discussion in 'Off Topic' started by YourDailyDoseOf0rg-sm, Mar 11, 2020.

  1. -Emergency rate cut
    -increase in overnight repo
    -stimulus package to bailout certain industry
    -government backed loans to corporates
    -tax cut for corporations
    -oil wars (basically Putin outsmarted trump)


    And the debt bubble hasn't even popped yet. Definitely signs of a booming economy. What a time to be alive.

    To put it in simple words, The United States of America is royally fücked
     
  2. By the government guaranteeing a corporate loan, it becomes a CREDIT DEFAULT SWAP.. The same situation that brought Lehman Brothers down and led the world economy into the last financial crisis..