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Re: QE to infinity

By: clo in ALEA | Recommend this post (0)
Mon, 23 Mar 20 4:57 PM | 22 view(s)
Boardmark this board | The Trust Matrix 		Msg. 34883 of 54959
(This msg. is a reply to 34880 by Cactus Flower)
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Trump is worried that people will need to stay home longer than his 2 week plan.
He's floating that folks can't do that:

@realDonaldTrump
WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!

His greatest fear, his chance of reelection with an economy in the toilet & unemployment soaring.
To hell with people dying...




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DO SOMETHING!


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The above is a reply to the following message:
Re: QE to infinity
By: Cactus Flower in ALEA
Mon, 23 Mar 20 4:40 PM 		Msg. 34880 of 54959

Liquidity is grand, but this isn't 2008. This is a disease, not a bank crash. Main Street can't be made to operate through a stimulus, nor should they try: inducing isolated workers to congregate in restaurants, stadia and hairdressers threatens lives. You can only hope to preserve businesses so that they can recover later, and save lives in the meanwhile. There are only similarities here, not carbon copies.

Glad congress is taking its time to get it right. Looking forward to a sensible plan from Pelosi.

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