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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: 3bar who wrote (4540)2/28/2020 1:04:48 AM
From: elmatador   of 13800
 
Governments should take on coronavirus with dramatic fiscal stimulus

The U.S. and other G7 nations should bring out their cannons with massive fiscal - not monetary - stimulus, such as immediate suspension of tax payments and social insurance payments, he urges.es.

Yes, the Fed should cut rates substantially, but mostly for the psychological impact, because lower rates "won’t increase borrowers’ ability to post collateral or bankers’ willingness to make loans."

seekingalpha.com
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