Had a round of separate calls w/ relatives in Hong Kong, Malaysia, Venezuela, Chile, USA, South Africa (Johannesburg), Hong Kong, Beijing, and Moscow, and traded texts w/ friends in Philippines, France, and Japan.
Think net short is the way to go. Bad stuff not yet priced-in.
As far as the government will to fight is concerned, lacking sincerity, operationally, monetarily, and fiscally.
As the poor are further disadvantaged in this staycation process, trouble would brew especially the pool of poor disadvantaged expands, and shall expand.
Need 11 trillion from Team USA, and all others commensurate contributions. Problem of course being we are talking about a wallop hit jolt, as opposed to smooth transactional work / transfusional flow per normal economic activity, in domains where the financial markets matter.
Wallop / Hit / Jolt is materially different from transactional work / transfusional flow, and financial markets is not directly related to economic health.
Let’s see how events work out for the people by the people. |
