How bad is this?
Companies are debt laden due to the low interest rates. Governments lack stimulus fire power due to their high debt levels. There has already been a large economic impact due to the lock-downs. How low do you think it will go?
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- If it is as bad as the GFC, the ASX will drop to around 3,600
If it is as bad as the GFC, the ASX will drop to around 3,600
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