John Rubino returns… If stimulus is delayed through the holidays, mass bankruptcy and default in both private and public sectors. Malls, restaurant chains, airlines are all toast. Lockdown impoverished travel, government and so many millions. If they don’t money in a hurry, they are bankrupt. It would have been done if not for the election. It’s in each party’s interest to delay it for a while. Each month that goes by makes it less likely many of these companies will survive.
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