oh it only gets better!
might you have some pressing question, some splinter in your mind that this pepe can help you with?
Record government and corporate debt risks ‘tipping point’
after pandemic passes
David Lynch 6 hrs ago
"The federal government is on its way this year to spending nearly $4 trillion more than it collects in revenue, analysts say, a budget deficit roughly twice as large relative to the economy as in any year since 1945.
Business borrowing also is setting records. Giant corporations such as ExxonMobil and Walgreens, which binged on debt over the past decade, now are exhausting their credit lines and tapping bondholders for even more cash.
To support such borrowing, the Federal Reserve has dropped interest rates to zero and added more than $2 trillion of loans to its portfolio in the past six weeks — as much as in the four years following the Great Recession.
All this borrowing is required to plug the gaping hole the novel coronavirus has punched in the economy, as unemployment reaches levels not seen since the Great Depression. Few, if any, prominent economists or lawmakers opposed opening the government’s fiscal taps amid the current economic emergency. The Senate last month approved $2 trillion of crisis spending with a vote of 96 to 0. "
moar deep state financial doom porn:
https://www.msn.com/en-us/money/markets/record-government-and-corporate-debt-risks-tipping-point-after-pandemic-passes/ar-BB12QriZ?li=BBnb7Kz
CT gurus also push doom porn muh coincidences