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Coronavirus, page-95

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    lightbulb Created with Sketch. 24
    Agree totally. What makes this so bad is that massive stimulus by central banks will not have the same effect as the gfc. The world has much more debt. Stimulus will buy time though and stem the losses. But until the virus tapers out its a vaccine is available sentiment will be risk off and drive markets lower. I think we will enter a global deep recession. I have 90 per cent dry paper waiting to strike but I think it’s months away before I deploy.
 
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