From the Associated Press, “The Dow Jones Industrial Average soared nearly 1,300 points, or 5%, Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak. … Amid the worsening outlook, investors are increasingly anticipating that the Federal Reserve and other major central banks around the world will lower interest rates or take other steps to shield the global economy from the effects of the outbreak.” I don’t see how monetary easing is going to convince people not to worry about COVID-19. Is cheaper money going to convince people to travel, eat out, go to the movies, go to work, go to school, and attend conventions? Lowering interest rates is not going to fix supply chain issues. It takes months and years to establish new supply chains. This is all f***ing bat-Scheiße-craziness. Nothing is going to be solved by central banks lowering interest rates, except higher stock prices. Oh, I see. Naturally, traitor trump b*tches about the stock market and the world f***ing reacts! We are so f***ing trapped with this f***ing G.D. moron. It used to be that the world didn’t know what to do with traitor trump. First, it was to appease him. Then, it was to ignore him. Now, it’s to agree with him. Un-f***ing-believable. Welcome to stupid humanity!
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