= Disaster
A lot of gestures have been made by governments including our own (or more accurately yours, since I'm Canadian). All of the actual implementation of these approved actions are still weeks away.
There still appears to me to be no understanding of the open swap interest or financials' balance sheet in general, by Congress, the SEC or most anyone else. There also seems to be no sense of urgency. If your house was on fire would you have a family meeting?
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