Finance Capital’s Manic Depression: Two Sides of Speculation

One faction of Wall Street is counting on the Federal Reserve to continue to bail them out. This, combined with Biden’s success in “Super Tuesday” partly explains their manic optimism. The depressive side of Wall Street has a real worry about the coronavirus and its impact on the market. But what underlies both these tendencies is global debt, which is now 332% more than GNP.
Read in WSWS

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