fundamentally there's noting wrong with the financial market in my view, unlike what occurred during the GFC. historically markets bounce back quite quickly from pandemics. big oversell from fearmongering, steadies as the curve flattens then it starts coming back rapidly. technically we're not in a recession until July anywaythe smarties knew a contraction in GDP for 2 terms was going to occur very early in the piece. it has already been priced in, in my view.
$10 Party, page-339
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