It´s time to establish a new reconstruction finance Corporation by John Cassidy published by The New Yorker (3/2020).
“The stock market fell again on Monday, despite the Federal Reserve announcing yet more measures to stabilize the credit markets and the economy. Wall Street is waiting for Republicans and Democrats on Capitol Hill to agree on a huge spending bill that will provide essential financial support for households, firms, and local governments affected by shutdowns related to the coronavirus. One of the major sticking points in the negotiations is how to assist large corporations that have seen their revenues collapse, such as airlines and hotel…”
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