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It’ll ‘Wash Through’
America is now living under another state of emergency, only this time, it's a real emergency and ha
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Good to have the enhanced sick leave, unemployment, and family leave measures. But they still seem to be only speed bumps that will slow but not prevent economic contraction.
Productivity and money velocity will be non-existent (…indeed, they weren’t all that good heading into this mess).
US Growth – “Lower For Longer”