— Invariant Perspective (@InvariantPersp1) August 11, 2020
Global Coronavirus infections surpass 20million people, resulting in upwards of 700,000 deaths. While it took 6mths after virus first surfaced to reach 10m infections, spread has steadily accelerated since then, taking little more than 6 weeks to double that total, BBG calculated pic.twitter.com/1z8xMkb2TL
— Holger Zschaepitz (@Schuldensuehner) August 11, 2020
Here’s a series of charts showing the duration of unemployment followed by a comparison to what happened in the Great Recession.
Traditional finance is dead. Let it die.There is absolutely no reason that you should have to wait for the money that you need in a global pandemic. Especially if you’ve spent your time and emotional capital building relationships with financial institutions only to get the cold shoulder when you…
Maybe investors are suddenly showing foresight like never before, and are looking past the pandemic to an eventual recovery. But probably not.