You the minute this virus is passed watch those gas prices shoot right up. Well well have to wait and see whether that happens is a heck of a time for you to be back since you said you dont know whats going on lets get into our top story the International Monetary fund has officially declared that the Global Economy is in a recession now due to the cove of 1000. 00 outbreak Economic Activity around the world has significantly slowed down as countries cities and local governments issue stay at home or quarantine orders the i. M. F. Defines a global recession as an extended period in which economic output falls and unemployment rises many economists say that this recession could be just as bad or even worse than the one in 2009 layoffs have already started bankruptcies are imminent what are your thoughts on how this is going to play out how long can people afford not to go to work. I dont. No you know this is an experiment on all of us i dont think anybody at least i cant recall in my li
Bits and pieces down in mexico and i will tell you this the Mexican Government was kind but they asked all of us gringos to please go home and that was simply because they havent gotten hit yet and they feel if they do get hit they dont have the capability to take care of their people as well as our people so i followed their advice i drove my wife and i drove home and i got to tell you it was one of the greatest drives home traffic is down to virtually nothing you can get a hotel rooms any way you want food is there but you gotta go pick it up you can go sit down and eat and all the gas stations are open and the prices i cant believe i was paying a 1. 73 a gallon out there now isnt it ironic that the prices are dropping through are so low now and yet were not allowed to or shouldnt be. Dr big i guarantee you the minute this virus has passed watch those gas prices shoot right up. Well well have to wait and see whether that happens is a heck of a time for you to be back since you said y
Sit down and eat and all the gas stations are open and the prices i cant believe i was paying a 1. 73 a gallon out there now isnt it ironic that the prices drop through the air are so low now and yet were not allowed to or should be out driving i guarantee you the minute this virus is passed watch those gas prices shoot right up. Well well have to wait and see whether that happens is a heck of a time for you to be back since you said you dont know whats going on lets get into our top story the International Monetary fund has officially declared that the Global Economy is in a recession now due to the cove of 1000. 00 outbreak Economic Activity around the world has significantly slowed down as countries cities and local governments issue stay at home or quarantine orders the. I. M. F. Defines a global recession as an extended period in which economic output falls and unemployment rises many economists say that this recession could be just as bad or even worse than the one in 2009 layoff
Am lost on everything i go off the grid i dont see television i dont read papers i dont know anything about whats going on so when the coronavirus hit i got only bits and pieces down in mexico and i will tell you this the Mexican Government was kind but they asked all of us gringos to please go home and that was simply because they havent gotten hit yet and they feel if they do get hit they dont have the capability to take care of their people as well as our people so i followed their advice i drove my wife and i drove home and i got to tell you it was one of the greatest drives home traffic is down to virtually nothing you can get a hotel rooms any way you want to do is there but you got to go pick it up you can go sit down and eat and all the gas stations are open and the prices i cant buy. I was paying a 1. 73 a gallon out there now isnt it ironic that the prices drop through the air are so low now and yet were not allowed to or should be out driving i guarantee you the minute this
Futures trading was halted yo ed overnight. If were down 7 , you halt for 15 minutes down 13 , you halt for another 15 minutes if down 20 , you halt the remainder of the day some people wonder how long we will be trading at the open. Yeah. Look, i think the problem is twofold no one thought oil was coming. Theres a very, very different approach by some to whats happening with the virus some people are saying not enough others are saying, listen, were making too much of it. Im in the distinct not enough camp i come back and i keep thinking about david tepper and what he said to me at the super bowl i dont know if we have that i think we do is the booth ready on that going back to midfebruary early february day before the super bowl i came back and have never been the same i know people have accused me of being fear mongering for weeks now. No, i think im realest mongering. Were trying to back into it, you have to try to figure it out. Ruined the environment of the setup right now. Whats