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@Doors_of_janua4 жыл бұрын
Real Vision Finance what was the date of the interview? Thank you
@RealVisionFinance4 жыл бұрын
This interview aired on our platform on April 1st!
@Favorites21714 жыл бұрын
Thank you Real Vision 🙏
@mikkip23024 жыл бұрын
How did we not see inflationary shock in the great recession?? There has been asset bubble inflations everywhere! That's why the growth in wealth disparity. Inflation
@manishnarine35294 жыл бұрын
Hey Ash - It would be brilliant to do a follow up of this interview with Dr. Doom as there is so much of data that has come out since this discussion and the rally in the market. It would be amazing to know more about his views now and how he assesses the Fed bazooka, Jobs data and the market rally.
@klovacka4 жыл бұрын
Hats off/Kudos to the host, who did not interrupt Nouriel irrespective whether hes right or wrong. Great Job
@danstvguy4 жыл бұрын
He could not get a job on CNBC. They interrupt continually.
@user-jm9ep3zp5g4 жыл бұрын
i wish he would of interrupted, he is annoying.
@billcarney8294 жыл бұрын
@@user-jm9ep3zp5g Then don't listen....problem solved!
@thelastfortress58454 жыл бұрын
I fully aggree with you...
@112deeps4 жыл бұрын
First time listened to Roubini... He started like a train and still cant see the tail. Unstoppable non stop insights and wisdom. Exactly what the Dr ordered...
@danstvguy4 жыл бұрын
Yah. Dr Doom.
@jmc80764 жыл бұрын
Dan Milbourne Maybe but some things are hard to put a bow on. He comes from an extensive experience. Google his bio/CV.
@GJ-dj4jx4 жыл бұрын
He's a tool. He thinks this pandemic is for real. Are you kidding me?
@112deeps4 жыл бұрын
@@jmc8076, some people cant see their nose even if its right infront of the face. Winter is coming! Crossing my fingers i have already had Covid19! Deep deep sadness knowing what i know from my medical knowledge! Vaccine unlikely to be timely! I dont think second wave has started yet. 🤞
@Vision-yo8qx4 жыл бұрын
Dr. N. Roubini seems to be the only economist who accurately paints the dire economic picture facing us. Thank you for posting this very informative interview.
@TheCoolbreeze454 жыл бұрын
Vision 20/20 watch Jim Rickards and mike Maloney and Harry dent
@Vision-yo8qx4 жыл бұрын
@@TheCoolbreeze45 Harry Dent predicted two years ago that gold will drop to $800 or so and silver $7, if my recollection is correct!
@TheCoolbreeze454 жыл бұрын
Vision 20/20 correct. I find it helpful to hear several different perspectives describing the same foundational problems and then listen to different rationals and analysis on what the market may do and what consequences will precipitate and when. You obviously are a bright mind that enjoys big ideas. What is your take on the dollar and gold’s purchasing power? timing of rapid market change? Melt up or meltdown?
@thomasbirchmeier79244 жыл бұрын
It's so exciting, I have to listen to it twice. Very emotional. We are living in very dangerous times.
@rochavarrias4 жыл бұрын
Yes, we are. Thomas you may be interested in exploring the book The Great Waves of Change
@gwest674 жыл бұрын
We’re in a DEPRESSION, most people just don’t know it YET!
@johnmichaelkarma4 жыл бұрын
I'm an idiot and even I KNOW we're in a depression
@bigbanknewyork36554 жыл бұрын
over 30 million unemployed last 4 weeks with malls closed til August.
@kpetro16754 жыл бұрын
I'm not living in a depression. That's too bad you are. We are nowhere near the situation of a great depression like in the 1920s. It may be in the future, but certainly not now, not where I am. Where are you living?
@peachbear79594 жыл бұрын
@@kpetro1675 if you're not in debt .and keep you're job . You wont notice.
@juanok27754 жыл бұрын
just stop being depress
@levansegnaro46374 жыл бұрын
@@juanok2775 ok Juan
@mikescandiffio1194 жыл бұрын
This is an incredible interview. The best interview that I have heard on the current situation. Dr. Roubini covered all the asset classes, currencies and liquidity, the worldwide macro view, effects of governmental response, correlations and historical comparisons. The interviewer asked all the right questions and then "got out of the way" so that Dr. Roubini could elaborate in great detail and explain where the global economy is heading from here. This is a "must see".
@IvanVesely9204 жыл бұрын
"It walks and quacks like a duck - it's helicopter drop." Epic.
@Arcwol4 жыл бұрын
The only guy speaking sense during very difficult and trying times. What a great interview. The interviewer also did an awesome job, cnbc take note!
@Main.Account4 жыл бұрын
FYI, Mar 31, 2020 was the original air date on RealVision.com
@VFatalis4 жыл бұрын
It's watermarked in the top left screen.
@sl3124 жыл бұрын
The best part is when he gives numbers from China and says they might be lying. That made me laugh
@ryanhill12164 жыл бұрын
This shut down has established a precedent for them to get even more draconian and the sheeple won't say a word.
@apt624 жыл бұрын
We are lying as well. You think the mighty USA can’t get test kit?
@tunaman9164 жыл бұрын
Very insightful as much of Real Vision - When experts like Dr. Roubini are starting to sound like Peter Schiff that's when we know we have some serious issues ahead...
@honestdudeguru4 жыл бұрын
I have been following Roubini and Schiff for many years and both of them have been critical of QE, budget deficits, etc all along. They have not been so much different in their philosophy.
@mikkip23024 жыл бұрын
@@honestdudeguru he doesn't sound like he is critical of QE
@rkay90714 жыл бұрын
Schiff and Roubini are both doom and gloomers so hearing them both talking doom and gloom at the same time makes me all the more bullish.
@stanleygnoh93564 жыл бұрын
tunaman916 ! Dr. Roubini May be right in my opinion because of his Long experience in economic affairs of the world !...
@foxtrotbravo17444 жыл бұрын
The financial industry "experts" are not like those in the sciences, medicine and engineering. That was the first hard lesson that I learned when I started investing.
@barrettl24734 жыл бұрын
Someday youll realize that they are closer than you think... Application of science and reason always has a subjective tilt, we get to the truth by trying and failing many times. We still believe in Einsteins model of the universe ffs. 100 years later still no dark matter detected.
@nachannachle27064 жыл бұрын
That's all you need to know to start with. Next: Remember that markets are moved by gigantic Commercial banks (JPM, Goldman S, BoA), humongous Investment firms (BlackRock, Berkshire H) and the Federal Reserve.
@duncanreid19774 жыл бұрын
The depth of this analysis is greater than I have heard elsewhere. Thanks for Dr. Nouriel Roubini for sharing it and Real Vision for making it available.
@kisekimeru4 жыл бұрын
Thank you for being a nice interviewer and not interrupting your guest. Dr Roubini had so many interesting and insightful thoughts to share. Please invite him back again.
@nohopeequalsnofear32424 жыл бұрын
" They think the market will end higher at then of the year, I dont know what they are smoking" 😂 Dr. Doom
@getmartincarter4 жыл бұрын
In my opinion , as an investor , there is an important difference between the Fed ( or the BOE ) buying T Bills on the secondary market and the Fed buying T Bills directly from the Treasury. Investors , by definition have saved the value in the T Bill & have a propensity to save and reinvest into the proceeds of sale into non Treasury assets such as precious metals , shares or investment grade commercial paper. . On the primary market the Treasury issuance proceeds of sale will be spent in its entirety as the US & UK are running fiscal deficits. It is for this reason that , to the surprise of many commentators QE 1 et sub did not result in inflation as the electronically printed cash received was reinvested not spent in the economy . The difference is therefore due to the different propensity to save between the Treasury and the T Bill owning private investor .
@SemanticZen4 жыл бұрын
Little known fact Nouriel can hold his brief underwater for 71 minutes
@WealthAndMoney4 жыл бұрын
The smartest guy in economics!
@hoofgripweightlifting68724 жыл бұрын
We never recovered from the 2008 recession. 17 million Americans filed for unemployment in three weeks, and fake stock market soared. We have entered the beginning stages of the GREATER DEPRESSION.
@jmer91264 жыл бұрын
If you want more velocity, bail out poor and regular people.
@ceychungyu74624 жыл бұрын
Dr Roubini's explains the present scenario so explicitly and expressly, with so much sense that even any simpleton can understand what is happening. I am going to watch it again.I love the words and expression he uses. With demand and supply going south, how can capital market and assets go north, unless its manipulated to help the 1%.
@sarunsalvo4 жыл бұрын
"I don't know what they are smoking" 😆
@swamykatragadda86614 жыл бұрын
what a man, who can speak with passion, such a complex matter.
@kirstinstrand62924 жыл бұрын
This is long...I'll pick the remainder up later. Roubini is one of my favorites!
@getmartincarter4 жыл бұрын
One of the most prescient monetary commentators
@grahamlister56594 жыл бұрын
6 point plan for new banking system: 1. All Central banks and their right to create currency abolished. 2. All debt owed to Central banks extinguished 3. All assets and interests owned by central banks and central banks owners returned to respective governments i.e. people. 4. A National bank created for each country and owned by citizen tax payers with exclusive right to create national currency 5. All banks nationalised. 6. Banks return to be utilities.
@inbarschimko10104 жыл бұрын
Love this guy
@RODRIGOR3004 жыл бұрын
"Crisis, bubble, crash, markets down, impact, depression, worse, debt, destruction, coronavirus" All these words spoken by him with that strong accent makes me scared shitless.
@heathcostantine30564 жыл бұрын
Mr. Roubini is very generous with his information.
@Rbl71324 жыл бұрын
Loading debt on americans with these forbearance loans and othrr loans will just sink the American consumer more, and insure defaults and huge foreclosures over the next 12 months. Resulting in mass new homelessness numbers.
@chrissalley94684 жыл бұрын
He is 100% right in everything he said. This will play out over the next 10-20 years
@dr.tetraminflakes31874 жыл бұрын
Recession vs Depression is time. a depression is a long drag out recession, instade of 30 to 50% drop it's 80% crash.
@mikebetts20464 жыл бұрын
A recession is when your neighbor lost his job. It's a depression when you lost your job. Haha.
@GTAWildestPolicechases4 жыл бұрын
we are living in a pushed up depression since 2008, a fake economy
@frankblangeard88654 жыл бұрын
I paused the video long enough to sell some of my stock. Don't make the same mistake. That stock went up the next day.
@antonystringfellow51524 жыл бұрын
I'm 90% in cash anyway... waiting for the markets to reflect reality before I buy one more share. Prices were too high at the beginning of the year and they're even further out of whack now!
@tibsyy8954 жыл бұрын
@@antonystringfellow5152 Prices now are even higher because share prices didn't fall taht much as the real economy. Therefore shares are now more expensive than in February.
@antpoo4 жыл бұрын
Antony Stringfellow cash is trash!!
@alangrob4 жыл бұрын
Fed is buying everything. That will prop up the market, but create inflation. Your currency will have less buying power than it does today.
@kotenoklelu34714 жыл бұрын
He is talking about long distance.
@karlopeternel76854 жыл бұрын
🕶👍 Huge respect to Dr Roubini He is all right
@jeffmillar18334 жыл бұрын
Are you guys calculating the fact that information moves thousands of times faster today than it did before the internet? It seems to me that you can’t really compare what happened on 1920 to 2020 if your not accounting for the movement of instant information. Also there was no comparison in the amount of globalized trade that existed then as compared to today. I don’t think that these pre internet examples really apply to today’s environment. Am I crazy? Thoughts?
@crystalclean97754 жыл бұрын
Dude this guy and the Peter Schiffs of this world crawl out of their rocks once in a decade still thinking we are in the seventies. They get their limelight for a few months or a couple years and then crawl back to under the rock another decade. While under their little rock hugging their gold slabs and tobacco shares they recharging their hate for the world they no longer understand.
@DBEdwards4 жыл бұрын
This man is a genius. All he says is profound and true. I listen to him
@thembam0ses2734 жыл бұрын
This is the best, realist, international political economy analysis out there!
@rossharper82934 жыл бұрын
Whether you believe in this or not the virus isn't listening and the outcome will depend on whether we have been living in a false paradise or not.
@NewmiesDad4 жыл бұрын
To paraphrase ab an hour in - "With no liquidity 'they' were selling everything - stocks, bonds, gold - there was no safe place - 55:08 - Once the Fed realized there was a problem with liquidity and provided it to backstop everything (70 billion/day) and nearly a trillion dollars overall in 7 days - safety returned" - This is a HUGE problem, and they think it's 'fixed' - People like ME and MANY others don't care about the short term safety of cash or gold - I would buy MORE and KNOW it's a great investment - I can only hope people that are leveraged to the hilt, will need to sell what's liquid - I WOULD LOVE TO BUY 3 digit gold! The Fed does nothing but make weak hands look strong and support the Potemkin Village. Now the banks, quants, hedgefunds, global sovereign funds, and Ivy League endowments - can re-leverage ALL OVER AGAIN - and wait for THEIR NEXT BAILOUT AFTER THEY BLOW UP THEIR BALANCE SHEETS. I predict molotov cocktails will be the response if this continues. Audit then End The Fed.
@danspolar9774 жыл бұрын
The transition of wealth is definitely going to happen. But the question is, how will this effect the stability of the world, and the quality of life for the average person.
@iancohen1504 жыл бұрын
Awesome interview!
@nickmattio33974 жыл бұрын
All restaurants will soon be Taco Bell just like Demolition Man
@colonelflashman9724 жыл бұрын
Brilliant interview thank you, guys!!
@MatthewCoast4 жыл бұрын
"The best preparation for tomorrow is doing your best today." - Joseph Campbell
@MaxZagar4 жыл бұрын
Hi, check the last Corbett report. Of all the CV deaths in Finland only 2 of them are under 60 years of age. The average age of CV deaths are 81 years. Note, the average age of death is 76 years. Do your own math.
@christianclark41484 жыл бұрын
This guy has a lot to say. I feel like he could have gone for another couple hours
@vcoonrod4 жыл бұрын
He is a streaming flow of consciousness. Small doses can be tolerated. Then turn it off.
@rtyrty67844 жыл бұрын
@@vcoonrod I think he almost puts a spell on me - I could easily listen to another "episode"
@petepizzaface4 жыл бұрын
Brilliant interviewing thanks
@SportsIncorporated4 жыл бұрын
Wow. That was jam packed. A financial education in one hour.
@tatymax72934 жыл бұрын
Very informative. Thank you
@williamboyle19064 жыл бұрын
Dr. Doom and gloom! In GOLD I TRUST!!!
@christianmolick86474 жыл бұрын
Dr. Realist, please. Just watch how this plays out.
@williamboyle19064 жыл бұрын
@@christianmolick8647 I actually agree with what he has been saying, that's why I'm all in, in GOLD!
@shepherdsknoll84 жыл бұрын
It’s just yellow metal. It’s not practical to buy food, goods or services with. The value of it, is always quoted in U.S. $
@MrJeroenJA4 жыл бұрын
Anyone knows where to find an overview of all the money that has been printed by central banks worldwide?
@tomyshaw9774 жыл бұрын
Really hard to believe that the market could recover in a V shape manner, the economy and overall macro are still deteriorating.
@bla-ig4bd4 жыл бұрын
Never fight the fed
@btaylor96614 жыл бұрын
Don't fight the Fed is what many will say. They are going to print until there is no respect for our countries viability. Earnings are right around the corner, EARNinGS? What a joke.
@walkyourdog65844 жыл бұрын
A grim and sobering outlook indeed.
@hhhkf4 жыл бұрын
Even experts can be wrong sometimes and this guy is definitely wrong. All of the mass pumping of dollars into the world economy will boost the stock market because it will take more cheaper dollars to equal the value of those stocks.
@goldreserve4 жыл бұрын
US is world reserve currency. Can print as much money as they want.
@hymansahak1814 жыл бұрын
Wall Street and hedge funds will take the money from Fed and short the market as earnings collapse 50% plus. Fed saving the day is a myth...
@blindfingers14 жыл бұрын
Nouriel, you wonder what they are smoking, those who are calling for a V shaped recovery? I'll tell you what they're smoking. It's called Pump and Dump. Think of this: if you initially lost money in this unprecedented collapse and if you can, why not to try to drive prices back up so that you can get out at a higher price point!
@rosedalepaint4 жыл бұрын
The virus was just the pin. This is all about bondholders not wanting to accept losses on their balance sheets. I agree with Ron Paul. Let the bondholders get whacked and the insolvent corporations go bankrupt and let the market clear its excesses. It's coming anyways. Employees and their pensions will remain and the assets of the companies go into stronger hands. Why reward incompetent management teams? I understand it will be painful but its coming anyways.
@KS-yj1px4 жыл бұрын
What a informative interview. Great episode!
@javierg6024 жыл бұрын
Great interview, I like how they let Nouriel talk with very few interruptions. Can you guys please get Richard Duncan on the show.
@royjames18564 жыл бұрын
Your guests were asked if the stock market in the bubble few month ago and he said No No No
@tibsyy8954 жыл бұрын
Prices/Valuations now are even higher because share prices didn't fall that much as the real economy. Therefore shares are now more expensive than in February. I think that many people forget this.
@hooverelondono99464 жыл бұрын
Love this guys insight !!!!!!
@billybangbang91804 жыл бұрын
This is truly the Financial market sectors... " END OF DAYS " !!!
@whiterice74664 жыл бұрын
Even with all the trillions dollars packages try to help or restart the economy, it will take many many years to be at where we were before the pandemic. If anyone remember how the housing bubble was back in 2008 in the US. It caused the US economy into the recession and spread throughout the world within months. This time around is like the whole world having the housing bubble trouble. This is going to be 100 times worst!
@smartrecovery58584 жыл бұрын
Off all the financial predictions Nouriel Roubini is dead on with whats to B expected. Wow a true insightful genius 2 thumbs up ! And I'm rich beyond believe !!!
@quacktuber10514 жыл бұрын
19 million people die of heart disease every year globally. Come on guys.
@jc.11914 жыл бұрын
everyone dies
@zahir2k4 жыл бұрын
He calls for a depression every fkin year though lol
@Simirial4 жыл бұрын
He correctly called 6 of the last 2 recessions? Something like that?
@petedivine4 жыл бұрын
And yet..the global economy has stopped and the grocery store is limiting how much you can buy. There will be significant unemployment and business failures. What part of this don't you get? At what point do you start using your brain and connecting events?
@zahir2k4 жыл бұрын
@@petedivine I didn't say there won't be a depression. I simply stated that he calls for one every year. What part of the English language don't you get? At what point do you consider going back to school lol
@opnion22944 жыл бұрын
when printing machine run all pushed back
@apt624 жыл бұрын
zahir2k even a broken clock is right twice a day
@BlahBlahPoop6174 жыл бұрын
About time you guys had him on, lol. Nice 👍
@toddbrown4174 жыл бұрын
is that a piano or a harpsichord? I like getting many angles of perspective and personally like the views of Mike Maloney, Jim Rickards, David Morgan, etc. My liberty beliefs are with Ron Paul, Larken Rose, Doug Casey, etc.
@sford20444 жыл бұрын
Is it fair to say that when the fed prints money to provide liquidity, what it is doing is exchanging treasury bonds held by banks and other lending institutions for cash?
@roadtrip29434 жыл бұрын
When rent for a 1 bedroom apt on east 78th st is 120 a month like i had in 1976 people will get by.
@roadtrip29434 жыл бұрын
Robini is an nyu professor living in nyc. The governor and mayor had no problem with society conducted as usual in march so stop the political diatribe .
@aliasalin24 жыл бұрын
two weeks ago this guy said: "mark my word, in two weeks US will have more cases than Italy" ... now he says: "mark my word, this year it will be a war between US and Iran" .. well fck
@ChiIeboy3 жыл бұрын
It's *"Doctor"* Nouriel Roubini to you!
@ashkax4 жыл бұрын
crashes comes and go, and Dr. Roubini stays negative. Real Vision is becoming like zero hedge.
@choopa16704 жыл бұрын
so glad I watched this....so informative
@jmer91264 жыл бұрын
As a health care practitioner, I applaud your realistic advice. I would add the need for an army of epidemiologist to do contact tracing as part of an exit strategy. Also PPE is desperately needed. Also the average time to a vaccine is 20 years. The fastest so far was four years for mumps vaccine in the 1960s
@KK-pm7ud4 жыл бұрын
Well, we have new technology now, so we can hope for 18 months
@johnjones45024 жыл бұрын
The share buybacks is more the reason to not bail anyone else
@jamescreek13194 жыл бұрын
For ordinary Americans who are just making a Living it’s going to get worse and worse as day by Day poverty and privations sets in and money becomes less and less and debt and poverty becomes more and more so the longer the Depression goes on and it’s going to last years things will get worse and worse not better at least in the 1929 Depression period people could afford to feel like it would eventually get better but we don’t have that Luxury now it’s not going to be better.
@anubhavsood52034 жыл бұрын
What will it take for Dr. Roubini to teach me economics????
@shivkuma1004 жыл бұрын
A key difference between QE and emergency helicopter drop/MMT (not full cycle MMT) is that in the latter the bonds / bills may NOT be paid back (i.e. it is a grant by the Fed and not a loan/bond, i.e. pure monetary base creation) and the bonds will have to be written down by the Fed on its balance sheet. Else it is infinite balance sheet expansion with expectation of the principal being repaid back by the Treasury to the Fed.
@thepunadude4 жыл бұрын
I DONT THINK YOU HAVE A CLUE WHAT IS REALLY GOING ON!
@Doors_of_janua4 жыл бұрын
beo wulf so what is going on iyo ?
@seanm14304 жыл бұрын
This man talks so much sense. Shut everything for 3 months. If they had of listened to this man - how many lives could have been saved.
@nareshhpunjabi8254 жыл бұрын
The current situation is definitely more severe than the Global Financial Crisis in 2008 and the global impact will be more severe on financial markets although there is some respite due to government measures. Dr Roubini has given a very pessimistic view and this is a realistic view of the future to come . According to Dr Roubini we seem to be a I situation and not a V or W dip. We can expect a severe recession very near to a Depression.
@johnheath902664 жыл бұрын
Wow, to much real info. Listened all the way and am in sure parody with the sentiment. Be careful with all you do, life and finance. Lucky to be part of this discussion!
@CrunchyNorbert4 жыл бұрын
kind of think this is scaremongering; not that mad about it, we were due a downtime. global system needed reorienteering, political order was not aligned with realities
@kirstinstrand62924 жыл бұрын
You speak as if the conclusion is in...we have MILE and MILES to go.
@KK-pm7ud4 жыл бұрын
Well, Mark Cuban was buying up the market just weeks ago seeing all the deals out there to buy. However, he came out today and said that he's raising cash. What changed his mind? Maybe he's seeing the same thing Roubini is seeing? Just this time, on the front lines with his NBA and Shark Tank businesses.
@Lord_Winston4 жыл бұрын
Rubini is genius!
@jmer91264 жыл бұрын
Thank you for this extremely informative interview with a giant in his field.
@JohnMarchionifinalpick4 жыл бұрын
That was quite the rant ! And a eye opener of a real serious problem. However I have to listen and hope it’s not that bad, however I am a realist.and he makes a lot of sense.
@KK-pm7ud4 жыл бұрын
So, essentially you're doing nothing.
@bhazleton4 жыл бұрын
Great interview . The accent and the shouting made it hard to understand until I used captions .
@HowToSandAFloor4 жыл бұрын
You don’t say
@rumco4 жыл бұрын
Roubini is now an epidemiologist as well. Is there anything the man can't do?
@josephadamo19334 жыл бұрын
rumco LOL!
@antpoo4 жыл бұрын
Physical work ?
@quietlike4 жыл бұрын
if it walks and quacks like a duck, its a helicopter drop
@ninapersson41094 жыл бұрын
How are you going to open up Italy? The virus doesn’t go away.
@jmac94944 жыл бұрын
This guy can link cause and effect very well and who can handle the truth. His rants are because he knows how one event leads to the next resultant event. But no one can handle what he says so he is termed scary. Scary is the weakened system as a giant ponzi scheme filled with obese people who have no interest to even raise a garden in the face of moderate famine. They focus on Trump but can't see the dumbed down stupidity and spirit of error among American suburb populations. People have negative net equity and they just lost their job..........just get a spoon to dig for yard onions and dandelion greens for a salad. This guy is so smart, he can't shut up.
@anilrai69183 жыл бұрын
He is intense.
@nicoroehr4 жыл бұрын
I really like Roubini, and I agree with him (though it doesn't make any difference, since I am a nobody). The problem is, many people call a crisis a 'Black Swan event'. And then they claim that 'things will level out eventually'. But that is not what Nassim Taleb worte in his famous book. Extreme events most likely will result in extreme changes. Things do not always level out like a nice bell curve. When a giant asteroid hit earth about 65 million years ago, things didn't level out for the big dinosaurs. They all died, end of story. The crisis of 1929 and that of 2008 were man-made, they could be solved with human methods. Sars-Cov-2 is a natural disaster that has slammed into our world economy like a giant asteroid. Man cannot deal with this virus by manipulating it like a stock market or public opinion. We are about to find out who the dinosaurs among us are... it doesn't have to be big corporations, or big banks. It may be a certain popular asset class and/or a social stratum and/or a political or economic school of thought that either changes completely or goes extinct. If you only examine rates and prices you may miss the change-elephant in the room because you didn't look around.
@Gumardee_coins_and_banknotes4 жыл бұрын
Dinosaurs did not all die, birds are dinosaurs.
@Simirial4 жыл бұрын
Lab 4, it's man made too
@KK-pm7ud4 жыл бұрын
Well, the truth is that Trump could have made this a lot better by letting the country do its job and be responsible. But he didn't and continues to allow things to be disorganized. So essentially, if you believe the economy will recover quickly, you believe that Trump will change his approach. If you don't believe Trump will change, then the pandemic will continue to ravage the US economy.
@jmac94944 жыл бұрын
Foreign countries will probably confiscate and nationalize any bold mine they can get, imo. With what he is saying in the future when push comes to shove and the smaller countries cant pay on their debts. 103.26 he implies that.