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Declare bankruptcy and your debt is reduced. But that would destroy the countries credit rating. and the strength of the dollar. A strong currency is a good thing too. US has AAAA bond credit rating. meaning the debt has ZERO chance of default. The debt is gauranteed by the gov't. The debt is...

Because their market is controlled and monitored like the US market is. Why with all this FEAR, the US market is same as 2019? Cause they don't want the rich to panic and margin calls, as lots of debt is backed by stock. or they don't want people to think they lose 50% of paper wealth.

Lots of small and large companies without gov't support could go bankrupt. This has not happen since 1930 Where GDP was reduced by 30% for a year. 40% unemployment if the shut down is over 6 months . it is already 25% now! The great depression was only 'temporary if you consider 5 years is...

Citigroup is liquidating the UWT oil ETN Why would they liquidate a highly traded ETN like the UWT. It has high decay and contango. and lose way more value than drop in oil. I assume the options that they use to are not liquid enough for the size of their assets. They had to liquidate.