if there is a global depression or recession due to coronavirus impacting people going out into public or travelling, do not think QE does anything.
Negative interest rates to get the balances of investment growing might and the world can bank digitally, perhaps not aUstralia, but you can make money and have food delivered and paid for in NYC without laying a finger on a human.
England or rather Europe’s FTSE down 1.2% as I write, Wall Street could crash this morning.
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