t v dot com stay with us now for the kaiser report coming up next talking about the economic impact of the coronavirus and if you re watching in the u.k. more financial news ahead in boom bust. max kaiser this is the kaiser report competition it s everywhere it s on the genetic level it s on the macroeconomic level it s on the micro economic level if it morphs the transmutate said it has all kinds of weird corollaries we re seeing all interesting fauna and flora and fauna that was going well definitely in our world global financial system we have predators and ghouls and this is something we have talked about for a long time many of these predators ghouls are the captains of so called industry which is no longer really true we only have financial eyes racquets right and so we re going to look at some of these ghouls and how they think and how they basically predate upon the entire population and that is our business model 1st of course the u.s. commerce secretary wilbur ross
we re going to look at some of these ghouls and how they think and how they basically predate upon the entire population and that is our business model 1st of course the u.s. commerce secretary wilbur ross and the past week he told maria bartiromo that the current the coronavirus in china will help accelerate return jobs to the united states this is of course very black plague like when it did help the middle class back then because everybody died a 3rd of the population up to half died and some places where i wrote this is kind of what i was talking about you know in terms of the competition that s happening on the genetic level is happening on the macroeconomic level not microeconomic because wilbur ross is basically right and there s nothing wrong with that because we re in a globalized competitive marketplace and china chose to build their economy in such a way as that spawned the crisis so the crawl of virus and for that there is an economic penalty and the u.s. could in