When it comes to the relief policies being implemented by governments and central banks, it's been less an issue of willingness and ability (both exceptionally high) and mich more one of effectiveness. Via the Wall Street Journal: This continues to play out in the PPP (Paycheck Protection Program) the US government is pursuing where effectivenesss challenges persist, as do tricky trade-offs in design. #economy #PP #SBA #covid19 #coronavirus #centralbanks #markets #economics #gdp #economicpolicy …see more