Bonner: COVID-19 Shows Us Capitalism Is Broken
In the crony economy of today, the feds will draw from some magic well of finance to make sure that nobody takes a loss — no matter how well deserved it may be.
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Author: Bonner & Partners
Bonner: Lockdown Will Financially Devastate Generations
Whether the virus is all that it’s cracked up to be… or has been thwarted by public policy… we’re not sure.
Bonner: Economic Freedom Didn’t Start With Government
We don’t know whether the feds’ approach to fighting the virus saves lives or not. But their revolt against old-fashioned market capitalism is certain to be a failure.
Bonner: How Many Lives Does the COVID-19 Shutdown Save?
Last year, 150 million workers spent all year producing a GDP of $20 trillion. But this year, already, 17 million people have filed for unemployment benefits.
Bonner: The Feds’ Disaster Deepens
The fix is not exactly in. But it’s close enough, investors figure. If the Fed puts its shoulder to raising stock prices, stock prices must rise.
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