I expect an expansion of the debt of about 2 $trillion this year.
Normal business: 1 $trillion
Coronavirus: 1 $trillion
1+1=2, as always.
I expect an expansion of the debt of about 2 $trillion this year.
Normal business: 1 $trillion
Coronavirus: 1 $trillion
1+1=2, as always.
It’s going to be way more than 2 trillion.
Just this week we’ve had
1)$700 billion QE
2)$1 trillion Fed vehicle
3)$1 trillion stimulus bill
And it’s only tuesday!