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AAAU - Financial Markets Are Not Collapsing Because Of Coronavirus
Goldman Sachs Physical Gold ETF
Everybody is blaming coronavirus for the collapsing financial markets. This is not the reason. The reason is the reckless Federal Reserve.
Imagine a situation when an individual has AIDS and he/she dies from a light cold. It is not the cold that killed the person. It is AIDS that caused the person to have no immune system. Light cold was just the last straw on the camel's back that finished the job.
Our economy and financial markets are sick. The Federal Reserve poisoned them with cheap money and low interest rates. During the Internet Bubble