it is said by many people US federal can never be paid off.
It can't.
it is said by many people US federal can never be paid off.
*crony capitalism. Let's not make the mistake that those that are hand picked will be on merit.This is the real concern. Civil unrest is one major threat. Another threat is concentration of power by companies that have been chosen by the fed to survive. Smaller businesses will be acquired/forced out.
We are certainly about to see a true test of capitalism. It's anyone's guess now what will happen.
To me it seems like the FED is doing a fantastic job... If we all expect a recession, it probably isn't coming any time soon...

I disagree. We'll have the vaccine by then, and yes, it will take a while to get it distributed, but the OUTLOOK will be up. Thus the whole reason we're way off the March 23rd lows. The positive OUTLOOK.
I can't agree with you. First, 50% of the population won't take any vaccine. Second large parts of the economy (airline travel, movie theaters, restaurants, sporting arenas) will take years to get back to their pre-pandemic levels.
So yeah... Do you think the world is going into a recession within the next 3 years?
Vote in the poll.
What do you mean by recession? Two quarters of negative growth? I assume you are interested in particular implications of these event, not the event itself. We will likely to see doubled digit decline in US GDP for the second quarter and yet SPX is shy of historical highs. So which particular feature of recession do you want to discuss?