Re:The Global Dollar Short Squeeze
by chrisco255 on Thursday April 09, 2020 @10:58PM
(#22829561)
Yeah, but if you read: https://www.lynalden.com/great-depression/ That spells out the case pretty clearly that this time is different.
Re:The Global Dollar Short Squeeze
by bobthepanda on Thursday April 09, 2020 @11:31PM
(#22829756)
People have been talking about unsustainable US debt for decades. The market can stay irrational longer than you can stay solvent.
It's very early days, and this is a recession unlike any other, so it's hard to say what will happen, because this type of recession has not occurred in modern history.
It's too early to say; what matters more is what a recovery, if any, looks like. The US has a history of enduring greater short-term pain but bouncing back faster.