The 2020 pandemic US economy is NOT the 1918 pandemic US economy.
in 1918:
US Debt/GDP: 30%
Unemployment Rate: 5.5%
$SPX PE Ratio: 8x
Fed balance sheet: $33 billion
in 2020:
US Debt/GDP: 108%
Unemployment Rate: 13%
$SPX PE Ratio: 22x
Fed balance sheet: $7 TRILLION
11:21 AM - 29 Jun 2020
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