Yep and not the first time they had these kind of pandemics.
Now looking back to the repo crisis that suddenly jumped to as high as 10 % interest from average of 2 and no one was lending to the banks and Fed had to pour billion into it. At the same time money was moving to safer stocks. Really interesting was China’s withdrawing and worries of either recession or depression were everywhere. Did they already know back then what was it Sept and the reason because no one knows why or what set it off or will this be the thing that sets it off longer term and even banks won’t be safe.
Maya
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