The Banker
Diamond Member
- Banned
- #1
The Truth... Kryptonite to a Trumper. That is why they flock to Fox news, Alex Jones, and the fake Russian Facebook bots, sometimes it is just easier to live a lie than accept the truth. Trumpers have tried to deny this virus is spreading and deny the threat it poses. Well accept this, US cases are past 3000 and growing exponentially.
US coronavirus: Number of cases has now surpassed 3,000 - CNN
Most likely, we are going to have to do a full lockdown China/Italy style. Trump is going to have to double down on the only policy he knows, borrowing more government $ and pumping it into the economy (which he has excelled at the past 3 years), look for US annual deficits to exceed $2 Trillion this year and next.
If this triggers the massive corporate debt crisis that has been quietly brewing then the Trump crash will be worse than the Bush crash.
U.S. Corporate Debt Continues To Rise As Do Problem Leveraged Loans
US coronavirus: Number of cases has now surpassed 3,000 - CNN
Most likely, we are going to have to do a full lockdown China/Italy style. Trump is going to have to double down on the only policy he knows, borrowing more government $ and pumping it into the economy (which he has excelled at the past 3 years), look for US annual deficits to exceed $2 Trillion this year and next.
If this triggers the massive corporate debt crisis that has been quietly brewing then the Trump crash will be worse than the Bush crash.
U.S. Corporate Debt Continues To Rise As Do Problem Leveraged Loans