Agnes:
The Fed has already bailed out some hedge funds (with wild derivative trades gone bad) last week.
Expect to see more of that from the Fed and other central banks—for as long as they can keep spinning the derivatives plates in the air.
The ‘power through it’ guys fail to realize that IF they take that path they WILL destroy the economy.
All of it.
Not just a few businesses and create a depression.
What would happen with the derivatives unwinding would make the 1930s look like ‘good times’.
And nobody would have a pension or 401K when they were done.
Or savings accounts.
etc.
I told Jane on the previous thread. This makes me think it was a bioweapon and deliberately released. Not to kill a bunch of people. Just make a bunch so sick they need medical care. And thereby crash out our insurance companies and via the underwritten risk derivatives crash out our whole economy.
Sen. Paul was at GOP Senate luncheon on Tuesday with Secretary Mnuchin & was on the Senate floor on Wednesday to vote on a coronavirus bill
https://twitter.com/lookner/status/1241787627705073664
With what, I always wonder. Printing press running giga-overtime?