In a debt deflation depression, oversupply is not the solution… it’s the problem.

#recession … #GFC2 edition
via @sunchartist

In a #debt #deflation #depression, oversupply is not the solution… it's the problem. 📉 t.co/dslhvHj4W0

— Invariant Perspective (@InvariantPersp1) May 31, 2020

Cuts to employment and spending by state and local governments likely to weigh on growth for years, economists say. t.co/vCvFVzQrLm

— Real Time Economics (@WSJecon) May 31, 2020

#recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #NDX $QQQ 📉 t.co/KLy2hiXH1Q

— Invariant Perspective (@InvariantPersp1) May 31, 2020

Brazil coronavirus cases soar above the 500,000 mark, death toll approaches 30,000.

— Jamie McGeever (@ReutersJamie) May 31, 2020