Frager Factor

Tuesday, April 21, 2020

Corruption in the Time of Coronavirus: Now Even The Fig Leaf Is Gone.

Sit down before fact like a little child, and be pre- pared to give up every preconceivednotion, follow humbly wherever and to whatever abyss Nature leads, or you shall learn nothing. —T. H. Huxley

In the short run, an unprecedented government backstop of financial markets is a salve for anxious investors. But we think it’s a poisoned chalice. America has never run deficits of this magnitude (on the order of 30% of GDP) in the context of globalized capital markets and significant foreign ownership of US debt. Investors will re-evaluate their US holdings in the context of this new paradigm, once they are able to wrap their minds around it. And when they do, we expect to see a significantly weaker US dollar in our future.

The coronavirus has led to an unprecedented seller’s market for masks and medical supplies in China, redrawing the rules of engagement An influx of new companies to the market has led to a dilution of quality and a host of bad actors, forcing China to change the rules

NHK -- APR 16 (&^K layoffs)

About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

Contact Owen: Twitter | Google+ | Facebook | LinkedIn | Email