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tmpynews

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I don't know if it can. Its always bound by its government. By that measure I am really surprised people in large companies trust it. I really am surprised by its adoption.

Someone can correct me on this if I am wrong.

Most of the unemployment is people on the lower end of the spectrum in terms of financials. Most of them are in the service sector. The middle of the pack group did not suffer because of this (yet). Whenever this clears the service sector, travel, restaurants, hospitality etc will bounce back very quickly. So all the people that lost their jobs could just get them back and the recovery will be sharp.

However, the kick in the nuts will be if the virus drags on for months. Then it becomes uncertain.

I honestly don't think this is going to work. Markets and investors are notoriously greedy and have a very short memory. This infusion will lift the market for a day (if at all) and institutions will make money and the next day the news cycle will take over and the selling will continue. We are in the early phases of negative news so not sure effective this will be.