Recession or Depression? QE Infinity & the Opening of Fiscal Floodgates

In this latest issue of my weekly podcast, I discuss whether this recession could become an extended depression. Public figures and economists are projecting single or double quarter collapses in U.S. GDP never before experienced since the birth of quarterly data in 1947. Most major economies in the world are going into shutdown mode in response to the COVID-19 threat, and that's like turning off a giant master switch in the global economy that no one has ever seen turned off before.3M Treasu...