Welfare for banks.Comment by Sardonicus on "Fed Foray Into High Yield Sparks Biggest Junk Bond Spike In Over A Decade." By Tyler Durden, ZeroHedge, April 9, 2020.No consequences for bad decisions.
Cue the democrats questioning the legality of all this and why unemployed Transexuals who want to work in childcare while dressed as mermaids have student debt and no healthcare.
Social unrest coming soon
(a.k.a. Bastion Of Liberty)
"Keep clear of the dupes that talk democracy,
And the dogs that bark revolution.
Drunk with talk, liars and believers.
I believe in my tusks.
Long live freedom and damn the ideologies!"
(Robinson Jeffers)
Thursday, April 9, 2020
Pearls of expression.
Sparked by an article on how the Fed will buy corporate bonds that have lost their investment-grade rating:
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