Race to the bottom.
This is a global synchronized debasement.
All fiat currencies headed to total value destruction. pic.twitter.com/dDBZZlwnbw
— Otavio (Tavi) Costa (@TaviCosta) July 24, 2020
https://twitter.com/vol_christopher/status/1286996449625026561
…and in Italy 40% of companies are expected to go bankrupt.. I don’t know how it is the situation in all Europe but if it will get worse.. 🧨
— Alessio (@AlessioTMAD) July 25, 2020
https://twitter.com/NorthmanTrader/status/1287039440108560384
https://twitter.com/NorthmanTrader/status/1286711396042973184
CNBC – "A weaker dollar could boost stocks"
so in theory if the dollar goes to 0 stocks go to infinity?
— . (@StockCats_2009) July 24, 2020
Nearly 25% of all loans, credit cards and mortgages are in financial hardship programs