Correct.
Fed will do the same (which is not much).
Will goverments have to increase debt ceilings ?
Nice. Bond markets will choke the fuck up if it's all (goverment/s) fiscal policy now.
Capital raising on everything will be FUBAR if goverments go all debt overload, or we just have a huge de-leverage. What do you think?
Yeah the de-leverage option (by default)...that's what I think too.
Danger ahead and the endgame is in sight.
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