But i know that just gone 3 pm here in moscow you would ask International Law u. S. President donald trump as boyishly brushed aside phase america may be headed for recession without though ruling at that possibility the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage. Is the u. S. Economy heading into a recession well it may be thinking in terms of recession with thinking in terms of the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and it once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge but on monday the u. S. Stock market suffered its worst trading day since 1970 the share prices tumbled by 13 percent and made fears over the coronavirus with more home the current Global Economic situation is arties more against the. Unless you majored in finance everything
Because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was to print their way out of all problems and the idea was that oh we can stop printing at any time and this is all been proven to be false you cant taper a ponzi scheme furthermore they claim to be fighting deflation by all this printing and yet what they created was deflation and deflation in the sense that what were seeing now markets are collapsing and the dollar is rallying thats a hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors. In the economy the zombie banks pushed out all productive economy
Oh there you watching our table is just going 4 oclock in the afternoon here in moscow now donald trump has put a bright face on the corona virus pandemic causing turmoil in the financial markets. Is the u. S. Economy heading into a recession well it may be thinking in terms of recession with thinking in terms of the virus once we stop by that theres a tremendous pent up demand both in terms of the stock market in terms of the economy and once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge were on monday u. S. Stock markets suffered their worst trading day since the 1987 black monday crash share prices tumbled 12 percent amid fears over the coronavirus wiping at koreans of dollars in market value meanwhile european markets have been mostly lower on tuesday following a dramatic selloff the day before with more on the current Global Economic situation is arties murder against the. Unless you majored in finance everything
Us drops much publicized charges against firms a case of being behind the russian troll farm apparently destroying another keep paying for russia gate fiasco. Oh theyve just gone 5 oclock in the afternoon here in moscow are you watching out international that donald trump has put on a brave face on the corona virus pandemic causing turmoil on the Financial Markets is the u. S. Economy heading into a recession well it may be without thinking in terms of recession with a good introduction to the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and it once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge on monday u. S. Stock markets did suffer their worst trading day since the 1907 black monday crash share prices tumbled 12 percent amid fears over the coronavirus wiping out trillions of dollars in market value meanwhile european markets have been mostly
A claimed russian trouble for apparently destroying another key player of the russia gate fiasco. Good evening 6 pm here in moscow youre watching International Donald Trump has put on a brave face on over the coronavirus pandemic causing turmoil on financial markets. Is the u. S. Economy heading into a recession well it may be what i think in terms of a recession with thinking in terms of the virus once we stop by that theres a tremendous pent up demand both in terms of the stock market in terms of the economy and if once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge on monday u. S. Stock markets suffered their worst trading day since the 1987 black monday crash share prices tumbled 12 percent amid fears over the coronavirus wiping out trillions of dollars in market value meanwhile european markets have been mostly low on tuesday following a dramatic selloff the day before with more now on the current Global Economic