DEUTSCHE: “.. behavioral changes are the reason why we will not get a V-shaped recovery, and there is not much fiscal policy can do about it.”#covid19 pic.twitter.com/siGZGyTKYO
— Carl Quintanilla (@carlquintanilla) April 5, 2020
Many emerging economies are losing reserves at a record pace faced with a dramatic decline in internal demand, export volumes and also commodity prices, while dollar-denominated maturities pile up. pic.twitter.com/n7Nvs8TYun
— Daniel Lacalle (@dlacalle_IA) April 5, 2020
History suggests that the outlook for growth and society once Covid-19 has passed is not great, @johnauthers writes https://t.co/smE0eamakn
EXCELLENT SUNDAY READ
— Danielle DiMartino Booth (@DiMartinoBooth) April 5, 2020
This is just the beginning. Shortages will spread nationwide, and to a boarder range of goods. Stimulus checks won't do much good when there's nothing to buy.https://t.co/vuthro2kGn
— Peter Schiff (@PeterSchiff) April 5, 2020
Oh yeah… pic.twitter.com/r9KPlzG5Yq
— Miner Forty-Niner 🇺🇸 (@DoubleEagle49) April 5, 2020
Entire country shutdown and stocks only down 28% … truly amazing
— Black Swan (@RetirementRight) April 4, 2020