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Wednesday, April 1, 2020

What's next after covid-19 outbreak? - Part 2

https://www.bnnbloomberg.ca/trump-calls-for-2-trillion-infrastructure-bill-to-create-jobs-1.1415223

Trump has already pumped US$2.2T into the financial market to salvage the economic situation.  He is upping his ante with another US$2T infrastructure bill.  This brings the total stimulus package to US$4.2T.

Trump cannot keep throwing trillions at the covid-19 crisis, hoping to get rid of it with money.  There will be serious repercussions (Hyperinflation) in the US and the world when Trump uses excessive monetary and fiscal policies.

http://sg-stock.blogspot.com/2020/03/whats-next-after-covid-19-outbreak.html

I'm getting worried now!

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