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Jamie Diamond's Clients Still Have Credit Problems
Jamie Diamond got all the money but his clients still have a credit problem. The credit problem is born out of the credit cycle which is born of the cash flow cycle or the cycle itself. I think it's going to be a mess and I think one of the, going back in history again looking at say the 1940s which is the kind of the closest macro environment oddly enough to the 2020s environment,. That was the last time they tried to come off the zero bound.