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Air Comes Out Of The USD Hot Balloon
Equites keep roaring ahead for a third straight day as the US Senate approved (vote 96-0) the $2tn fiscal package, with President Trump to sign it off shortly. Wonder how much that really is? In our Discord room, our CEO Jeremy made the following analogy to put $1tn into perspective: ”A million seconds is 12 days. A billion seconds is 31 years. A trillion seconds is 31,688 years.” Governments and Central Banks have gone in a short period of time above and beyond to desperately plug the endless economic holes of a global economy suddenly paralyzed. I find quite fitting this quote from Lenin to contextualize the ... (full story)