Patrick Martin also notes the many caveats and unknowns afoot in potential waivers to the General Rules as to which corporate loans end as gifts, and more.  His explanation of each state having its own static metrics of unemployment compensation was new to me.  And yes, RT.com is reporting that there were 3.2 million new applications for compensation filed this week, obviously not just for employees ‘furloughed due to coronavirus’ as earlier reported as covered in the Stim package.

‘US Senate passes massive economic “rescue” bill’, Patrick Martin, 26 March 2020 (having permission, I’ll paste almost all of it in)