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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (157434)	5/3/2020 9:11:16 AM
From: ggersh	Read Replies (1) \| Respond to of 217596

Good read......oh and buy stocks thegreatrecession.info “ Reopen the Economy While Protecting Those Truly at Risk or Face Another Great Depression.” “*We are experiencing an economic contraction that is faster and deeper than anything we have seen in the past century, or possibly several centuries,” Bank of England interest-rate setter Jan Vlieghe said. The coronavirus collapse has the ingredients to surpass the disaster of the 1930s…. Let’s hope this depression won’t last a decade, but an unprecedented slump followed by years of pain seems inevitable, said a Bloomberg commentary. From economist Nouriel Roubini: “The best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis.* But given the flailing policy response so far, the chances of a far worse outcome are increasing by the day.” “Forget recession, this is a depression,” says the left wing Guardian. The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression…, the head of the International Monetary Fund said Thursday. “The expectation of market participants is that we’re in the Great Depression and that in a sense, the news can’t get much worse,” said BNY Mellon chief strategist Alicia Levine. “At this point it would take a miracle to keep this recession from turning into the Great Depression II,” says Chris Rupkey, of Mitsubishi’s economic unit.