Think up to condemn make will never be the same like the ones like the post 911 will write there will be a past carona world but why are we so sure because they back the world not after 911 we really didnt end up paying that much different. Yeah. There are several factors that make us different 1st of all the big ole commie was never designed to just shut down and be restarted and yet were going to start seeing all kinds of whole sin. In things from the start. Start up again our supply chains are going to be all messed up. But people go back to work a lot of people on earth have had time to think about what their job was and what they were doing in a lot of people are going to decide that they dont want to go back to that same job they want to do Something Different and so theyre going to this is going to be the biggest job transition of all industry. So overall when you when you when you factor in all of these things together i think the sense of being the most expensive crisis of all
Then we got hit by a pandemic and now we have mass unemployment and things like that thats the fear system leaving and this is the the hardening system the hard money system and touring and to join us through this time we have gear mo who we we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central banking field idea of corn chaining hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about briefs for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go to 15. 6 percent up from 3. 5 percent in february so thats a huge rise in Un
There are several factors that make mr different 1st of all the the goal economy was never designed to just shut down and be restarted and yet 1 were going to start saying all kinds of whole send in things from the start 1. Start up again our supply chains are going to be all messed up. But people go back to work a lot of people on earth have had time to think about what their job was and what they were doing and a lot of people are going to decide that they dont want to go back to that same job they want to do Something Different and so theyre going to this is going to be the biggest job transition of all industry. So overall when you when you when you factor in all of these things together i think the sense of being the most expensive crisis of all history. From from an economic standpoint i think it actually rivals route work too. Its just huge going to be hugely expensive as we start trying to put all the pieces back together again. When steady engine stops churning it get it start
System leaving and this is the the hardening system the hard money system and tearing and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central bank and feel your scorn painting hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about briefs for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go to 15. 6 percent up from 3. 5 percent in february so thats a huge rise in Unemployment Rate we havent seen this and our lifetimes this sort of surge this rapidly well even the 3. 5
A i have no idea why he did that in a british accent it was in fact a french guy pinto who receive that money are are no that was kind of the peak of that era so here we have this Great Depression looking numbers and the unemployment numbers and bank of america sees 15. 6 percent unemployment so that that system is looking degraded and sick and in fact sick isnt the 1st words here of this tweet does this chart make anyone else sick fed Balance Sheet rockets up corporate earnings going straight down further evidence we dont live in a Capitalistic Society at last for decades of extreme leverage to conceal declining productivity to enrich a small elite on full display so as weve been covering here on the ties reports earnings have been declining for years now but to spend made up for by on the one hand stock buybacks where the shareholders are losing basically in the. Company is losing because its losing its cast its axis of cash its taking its cast off its Balance Sheet and turning it in