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When government forces businesses to close (even if it is for a pandemic), it’s a “taking” in the legal sense.  And we can think about $3 trillion in federal bailout spending as “just compensation” to businesses and employees for that taking.  Basically, we have decided to borrow from future generations in an attempt to stop a virus and save the economy.

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A recession is the scariest creature in the average investor's closet of anxieties, but the more you know about recessions, the better. Here are some must-know facts.

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