CONgress Passes The Next Round of SBA Loan Bailouts…Are More Bailouts Coming?

US state and local (municipal) governments are collapsing as no economic activity means no cash flows in the economy. And cash flows are…

by Jason Burack of Wall St For Main St

Today, the Senate approved the next round of coronavirus stimulus (bailouts) for more SBA loan $$ and $$ to hospitals and $$ for testing.

However, US state and local (municipal) governments are collapsing as no economic activity means no cash flows in the economy. And cash flows are what allow government tax revenues to come in (other than for property taxes).

Cash flows are the gasoline that powers the engine of the real economy. And there’s an enormous cash flow problem now in the US.

FULL SHOW NOTES AND LINKS HERE

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