Based on what I've learned after five months as an active trader, I don't think it's a question of whether hard times are coming. The question is how can we best work on this social trauma individually AND together to address risks and opportunities system-wide? The thing that strikes me about Buffett's position on the second stimulus is this. If the ship's going down, Captain Buffett talks as if he's prepared to go down with it. Any Real Captain would surely toss Real Gold overboard now in order to bring more Real Lives safely to port later.
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