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This is the report day 17 of the big walk down and the chorus as the saying goes when the going gets tough the tough make kaito cheesecake as you can see here. Put together a delicious coke of quito cheesecake in my insta pot and this is whats getting me through this horrible global lockdown and other good stuff like that stacey yes max we have been talking about of course the collapse of the markets and whether or not this can be like the Great Depression sort of error or in 1987 or 2008 because history often rhymes of course there are unique individuals and unique generations and unique societies encountering each wave of collapse all the way back to the south sea bubble so theyre never completely the same but the human nature and human instincts are often the same just like a virus is often generally the same they become very deadly and then usually they somehow are defeated i want to look at some of the stories weve been cov ....
Monetary system and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans and trillions and trillions of dollars even more trillions so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world ....
All across the world whats the whats the gambit go ahead. Well thank you yeah the timing the gambit of the gambit as well as a separate thing all this turmoil and black swans concurrently happening around the world really kind of begs certain geo political questions in my opinion you have coronavirus more or less announced really kind of command saying on new years eve and then the rollout is fairly rapid and. In a sense the attention being kind of collapsing of as you said already low Energy Demand but as a demand especially within chinas collapsing then you have the announcement of the pandemic and the timing then of opec really saudi arabia and to a certain extent now u. A. E. You know just insisting on the pullback which would in turn affect the desired medium term desired from russia to capture more of the Global Market share within the energy space and at some point there ....