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A Voice Of Liberty
@avoiceofliberty
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The investment bankers and brokers are starting to realize just how bad this really is. 30% #GDP contraction is probably an optimistic number (St. Louis Fed gave 50% as a worst case figure). https://www.zerohedge.com/markets/morgan-stanley-joins-goldman-jpm-predicting-depressionary-crash-expects-q2-gdp-plunge-30 #news #CCPVirus #economy #finance

Morgan Stanley Joins Goldman, JPM In Predicting A Depressionary Crash; Expects Q2 GDP To Plunge 30%

We now see 1Q GDP dropping by 2.4% as economic activity has come to a near standstill in March, followed by a record-breaking drop of 30.1% in 2Q.

zerohedge.com

#GDP#news#CCPVirus#economy#finance
Mar 23 2020 · 2:01 AM

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