Before the coronavirus outbreak, China was already planning on Wall Street helping to get them another $1 trillion dollars of American retirement savings over the next few years with China promising access to their futures markets and their $45 trillion dollar insurance market as cover for the bailout. However, the timeline for this bailout may be accelerated due to the coronavirus outbreak.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.