‘Defaults’ Current i. Virus, inaccurate 'approved CCP reports' ii. Beijing Market intervention (>1tn) iii. World GDP drop 1.3% (>1.1tn) Last Defaults ’08, Rescue & Bankrupt Co.’s & TARP, EES Act, US ($787bn), Europe ($1.3tn), World, for IMF ($1.1tn), ’09(H2) out of recession.
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