Re:Fed to buy junk bonds, lend to states in fresh virus support
by DSingularity on Thursday April 09, 2020 @02:13PM
(#22825514)
I don’t quite agree. When 99.9% of businesses gets blindsided by the impact of the shelter in place orders it becomes a black swan like event. All those businesses couldn’t predict an event this cataclysmic to their core product.
Just because the pandemic itself was predicted doesn’t mean much when the global fall out is totally novel and unpredictable.
Just because the pandemic itself was predicted doesn’t mean much when the global fall out is totally novel and unpredictable.