From what I understand of the commentary, this is a two-year (almost) stopgap.
So, presumably, look for the hammer to fall somewhere else - presumably on the US public - within that window so that banks and large corporates can retain their value after somebody else has taken whatever hits need taking...
From what I understand of the commentary, this is a two-year (almost) stopgap.
So, presumably, look for the hammer to fall somewhere else - presumably on the US public - within that window so that banks and large corporates can retain their value after somebody else has taken whatever hits need taking...
“there is nothing as permanent as a temporary government program”