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by jenntoda
2287 days ago
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Unlike all other times before, our economy is over-leveraged like never seen before. The COVID-19 shut down of main street mom-and-pop stores will trigger a snowball effect onto wall street. However, cutting rates to zero and Trump throwing his last cards in will only kick up a temporary fix. In reality it is adding more fuel to the fire by further extending the leveraging, and thereby, volatility of the market, until this all crash into a giant complete free fall. |
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