Summary:
If you are looking for more COVID bailout money, we don't have any. The coffers are bare. We have no rainy-day fund. We have no savings account. Congress has spent all of the money. Congress spent all of the money a long time ago...The stuff of genius. (snark) The HillDebt is not a sustainable policy decisionSen. Rand PaulStephen Roach falls into a similar hole.Project SyndicateThe Pandemic's Long Economic ShadowStephen S. Roach| | faculty member at Yale University and former chairman of Morgan Stanley Asia
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If you are looking for more COVID bailout money, we don't have any. The coffers are bare. We have no rainy-day fund. We have no savings account. Congress has spent all of the money. Congress spent all of the money a long time ago...The stuff of genius. (snark) The HillDebt is not a sustainable policy decisionSen. Rand PaulStephen Roach falls into a similar hole.Project SyndicateThe Pandemic's Long Economic ShadowStephen S. Roach| | faculty member at Yale University and former chairman of Morgan Stanley Asia
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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If you are looking for more COVID bailout money, we don't have any. The coffers are bare. We have no rainy-day fund. We have no savings account. Congress has spent all of the money. Congress spent all of the money a long time ago...
The stuff of genius. (snark)
Stephen Roach falls into a similar hole.
The Pandemic's Long Economic Shadow
Stephen S. Roach| | faculty member at Yale University and former chairman of Morgan Stanley Asia