Goldman Sachs: Downturn will be Four Times worse than Housing Crisis and

Investingport
The coronavirus pandemic is unlike any pandemic that has been seen, causing world economies to come to total lockdown. A few days ago, it was reported that Berkshire Hathaway was sitting on a pile of cash but yet refuse to buy any shares. In defense of that, Charles Munger said that the recent economic crisis was unlike any they had ever experienced and it would be better to play it safe. Whereas, during the 2008-09 financial crisis, the company largely contributed to salvaging the US economy through company bailouts.On April 14, Goldman warns that the coronavirus hit on the global…
Source: Goldman Sachs: Downturn will be Four Times worse than Housing Crisis and

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