Lots of smart people are debating about the economic pain being worse than the "cure" of preventing #coronavirus spread. I don't know the right answer, but I can help you frame the question.
-
-
But when all your outstanding loans to solid businesses suddenly all need restructuring at once you have no capital to create new loans. its another systemic liquidity crisis. this time even worse because all the FED did to fix it '08 was inflate the bubble even larger
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Its now pretty obvious the FED balance sheet can never be reduced. Debt monetization is the only way to keep the system afloat and you can only keep the dollar afloat while doing that if it remains the world reserve currency. global financial reset imminent.
-
This Tweet is unavailable.
- Show replies
New conversation -
-
-
Debt can get renegotiated . Suspend mortgage payments and tack on the back end . I have already gotten forbearance agreements in place with all my business creditors for a month.
-
Its just '08 when large amounts of debt all need to be restructured at once the uncertainty and risk in the system leads to a reduction in new loan creation. this will be another liquidity crisis. The banks will need a bail out eventually
- Show replies
New conversation -
-
-
I sold advertising In the past, and worked out a pay plan with cash flow stressed clients. For ex, Would take their billing for future ad campaigns and divide by however many months. They liked it, made their payables predictable.
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.