‘The S&P 500 gained nearly 13% in April’

Writes a friend:

Lew

Here is the new math taught at the best economics departments in the world:

Thirty million newly unemployed (and growing, and probably understated) + $8 trillion (and growing) in Federal and central bank “stimulus” = the best stock market recovery in history!

What we need is to lay off the entire country, spend $20 or $30 trillion in “stimulus,” and we will soon all be billionaires.

You see, that’s not so complicated, is it.

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