The “Mag 7” make up so much of the US stock market, which makes up so much of the US “economy” and people’s wealth and pensions, that a backstop at minimum just to keep the skids greased for funding is quite possible IMHO.
But once there’s a backstop in place, expect the circular dealing and other shenanigans to ramp massively and blow up the bubble - would be the perfect catalyst to bust this cycle.
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