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(Bloomberg) - '..Bullard predicted .. an unprecedented 50% drop in gross domestic product.'
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'Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop in gross domestic product.'
- Bloomberg,
U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
, March 22, 2020
Context
(Banking Reform) - 'History’s greatest Bubble is nearing the end of the line..'
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The Very Real Prospect Of $5 Oil
, March 20, 2020
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