| | | Re <<What will require $10 trillion... is solving the STILL GROWING problem with a lack of liquidity in the banking system...
But, that's a problem that will grow to $20 trillion by the end of the year...
We are going to get inflation... and a rising dollar...
All of that is still a discussion takes place in a bubble... that ignores the derivatives problem...
I don't think anyone actually knows how big that problem is...
I think the widely accepted guess... that it is around $243 trillion... is probably a low ball.
The deflationary force being generated... is like gravity...>>
I am with that program described above, and
based on my guess that Team USA needs to kick-in 11 trillion, and other Teams kick-in commensurate, to replace a good wallop of the lost income flow by normal means, like working, and entice the financial markets to stop selling / start buying, maintain same leverage as before onset of virus / hype-virus (do not know on that one and leave to future). And 11-trillion is if the virus episode and work-stoppage stops now or within 30-60 days. Basing guess on total annual US GDP (21-24 Trillion) for lack of any other benchmark, and on imputed market losses (who is counting?)
Should anyone of HSBC, DB, JPM go down, the problem is effectively infinite is size, epic in scale, and gargantuan in weight. $243 trillion? Yeup ... or more, depending on specifics particulars and responses to same
Re <<gravity>> ... stop such talk :0) |
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