Mortgaging the future of people who dont have any say in it were going to get to that but before that i want to talk about this quarantine situation because were in this global quarantine and somebody mentions a great interview quarantine max kaiser is best max kaiser and that is something true because of course corona means crown kaiser means king max means king your max kaiser the King King King King i am so toshibas representative here on earth i am the bishop of the taj ok well if thats what you believe but the thing is you know you can make wit it you know whatever you want of the situation it is a dire situation it is a global well and let me just jump in here 1st i can see that as we have in stark relief in a we have it slapping us in the face like that gift of the woman getting hit in the face with a trout during a storm that everything paltrow going to set up. Ted is false hes always saying its just that we know ourselves and we are going to ignore it well what happened paul k
Begin to resume, as many assume in june and maybe be back to something more normal by this summer, i think a v is possible, but i am worried that the outcome will be worse. It really depends to my mind on just how much damage is done during the time that the economy is shut down in the way it is now. How much damage is done joining us is bob dole, chief equity strategist. Thanks for being with us i want to get your thoughts on the potential for this recession and subsequent recovery and specifically how thats factoring into your outlook for the markets . Yeah. Im not using a u or v im using a checkmark, kind of the big decline and then a noticeable, but slower uptake than we had on the downside. As you know we shut the economy off. We turned it off its not something from the outside did it we chose in order to fight coronavirus to do that therefore, we can turn at least some of it back on it will take longer to convince people its safe to come out from under the covers when it told the
Make wit it you know whatever you want of the situation it is a dire situation it is a global it let me just jump in here 1st so i can get as we have in stark relief and we have it slapping us in the face like that gift of the woman getting hit in the face with a trout during a storm that everything paul krugman has said about dead is false hes always saying its just we know ourselves and we are going to ignore it well what happened paul krugman is that suddenly the debt became a problem did in the few weeks ago and the globe goes into discounting and realizing all that future revenue and future that you decided it was not important and all those generations that you decided were not important suddenly everyones jobless and without food to eat in many places because of the economics espoused by charlatans like paul krugman ill say that and why this money particle why does that happen why. Does that keep on happening and why does every single time since 2002000 now 2202020 why is it tha
Part so much that we really need thats what this whole lockdown is teaching so many millions of people but most of their lives are all wasted on unnecessary costly redundant and doesnt promote social good at all. C. N. N. Soccer. Dont forget theres only one way digress yes stacy lets talk about mortgaging our future because this is something that you and i have been talking about here in keizer point for years of course all of this debt and all its feet out since 1071. 00 has not has come at some cost we feel like its been costless because money printer so they keep on printing it we think like hey i can keep on buying stuff i could buy in u. S. You every year put it on lease i could buy a bigger mcmansion every year and its going to be better and better and better well its actually been mortgaging our future which is one thing if its mortgaging your own future but its been mortgaging those who have no choice youve been mortgaging the future of people who dont have any say in it were g
About mortgaging our future because this is something that you and i have been talking about here in keizer point for years of course all of this debt and all its feet out since 1071. 00 has not has come at some cost we feel like its been costless because money printer so they keep on printing it we think like hey i can keep on buying stuff i could buy in u. S. You every year put it on lease i could buy a bigger mcmansion every year and its going to be better and better and better well its actually been mortgaging our future which is one thing if its mortgaging your own future but its been mortgaging those who have no choice youve mortgaging the future of people who dont have any say in it were going to get to that but before that i want to talk about this quarantine situation because were in this global quarantine and somebody mentions a great interview quarantine max kaiser is best max kaiser and that is something true because of course Corona Ming Crown Kaiser means king max means k