President tells bloomberg positive news on the vaccine isnt a major game changer for its forecaster. She says the focus remains on stopping the economic slump from worsening. Judy sheldons nomination to the fed board is blocked. Set tome as the sec is move ahead for plans that could delist chinese companies. A warm welcome to the show. Welcome back. I hope you had a good rest become because you come back to many warning signs. From the equity markets, sell the top. Markets, the dean of debt a little to get suspect on distressed debt markets. Marie. Orning, ann annmarie good morning. When this level of optimism is high, there is usually more room for disappointment and that seems to be what we are seeing. I said facing reality. You had a good term of categorizing that reality and for me, Christine Lagarde saying the vaccine is not a game changer because it is not going to change in terms of the economic fallout we are seeing. If we take a look at where we trade this morning in the monda
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 can keep on printing it we think like hey i can keep on buying stuff i could buy 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 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
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
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