Interesting comment made by Peter Schiff on how fatal this virus induced crisis will be for all of us:
"I was against QE, ZIRP, and bailouts in 2008 because I knew that instead of allowing the economy to restructure, those mistakes would exacerbate the structural imbalances that led to the crisis. Since we didn't swallow the medicine then, the #Coronavirus crisis will be fatal now."
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Blog Archive
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2020
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March
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- Jim Rogers: How Life Has Changed In Coronavirus Times
- Coronavirus: The US Was Not Prepared
- Ray Dalio Insights (Part I)
- Stock Market’s Gain Under Trump Vanishes
- Social Distancing
- The Coronavirus Crisis Will Be Fatal
- Corona Crisis: Many Companies Will Need Bailouts
- The Worst Financial Crisis Of Our Lifetimes
- This Crisis Is Economic, Not Merely Financial
- Everyone Will Have To Be Bailed Out
- Corona Virus: China Has Done a Great Job!
- Stock Market: Panic Is Misplaced
- The U.S. Stock Market Will Rally Back To New Highs
- Interest Rates Will Go Even Lower
- Markets Are Going To Be OK For a While
- Market Sell-Off: What To Buy
- The Reason Why Gold Sold Off
- Corona Virus: Interest Rates, Money Printing
- How To Navigate This Sell-Off
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March
(19)