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To: buckalfa
I am sorry, the President is wrong on this. Wall Street operates on leverage. Main Street does not.

If you listen to what Buffett and Dalio and others (at their level) have said in recent days, we're on the precipice of a 1930s-level depression (or worse). It may be unavoidable.

But anything that puts capital into the hands of businesses is, at this time, the primary and only goal. Main Street can't solve this.

26 posted on 05/12/2020 11:33:50 AM PDT by IncPen ("Inside of every progressive is a Totalitarian screaming to get out" ~ David Horowitz)
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To: IncPen

Buffet, the same guy whose portfolio lost a big fortune in March?


47 posted on 05/12/2020 3:26:01 PM PDT by entropy12 (covid-19 separates the fearful from the freedom loving! If I am not afraid, no one should be.)
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