There were a total of 93 mentions of “COVID-19” or “Coronavirus” in the Fed’s latest Beige Book report out on Wed, up from 59 in the prior March 4th report and far more than “Tariffs” ever got during the recent US-China trade war. This is becoming more and more like 1930s style Great Depression.
Why should they? They can simply steal it from us and they only have to do the job for a years before rolling into a load of management boards, regardless of the damage they made...
I don't think so, we are not even close to the great depression, yet! I really hope we never do. That was a horrible time were there were food shortages all over and no jobs. In this time we all have food and there are jobs we are all just stuck at home.
This is what's wrong with journalism these days - most in the biz are financially and mathematically illiterate. Ms. Flanders is a perfect example of that statement! The statement of GDP expected to drop -3% next year being worse than anything in the Financial Crisis is flat out wrong! Peak to trough, world GDP dropped almost exactly -5% to a low of approximately -1.67%. Now if the Ms. Flanders wants to say world GDP will DROP TO -3%, then the statement would be accurate. But I'm sorry, if you can't even be bothered to measure history accurately, why should I pay any attention to the pablum that dribbles out of your mouth?
Nobody knows and those who say they know are same ones that didnt see 2007 nor 1987. Wallstreet is one of many factors but not the many one. In the end those who benefit from death and crisis are rich as history has show.
Just another aspect that shows the arrogance of those in the media. They need a shot of South Korea for the voiceover and just grab one of Japan with the thought, "people are stupid, they'll never notice." Any wonder many of us have reached the point of expecting most media pronouncements to be either wrong or dishonest?
Clinging on to the old world. Its a bit of a let down both from a bloomberg point of view but more disappointingly from an IMF point of view. Does Bloomberg and the IMF really think that this is just a bump in the road? if you do, that is the most naive point of view I've heard in a long time. Going back to the same boom and bust models of the past will mean we have learned nothing of the current situation and its disappointing that Gita "its ok cos this wont affect me" Gopinath has a mind set that is firmly in a pre pandemic world. Probably time for this amateur to go really. To be honest what we need now are a pragmatic set of realists that can actually design a "realistic", "hotistic" (in terms of social inclusivity) and deliverable plan for the next 36 to 48 months that doesn't rely on going back to the bullshit wall street shambles that leads to absolute volatility and massive impacts to peoples hard earned pensions and savings in events like this when the "monetary controllers" of such funds don't care and only care for themselves and their own near term view. Wheres the next gen plan please? we cant go back.
DEAR RUPERT MURDOCH! FOXTEL OUTAGE!!! HUNDREDS OF HOMES W/O FOXTEL!!!! STH AUSTRALIA,,,, DEAR RUPERT HELP UR OWN STIMULUS!!!,,,, THANK U DEAR RUPERT!!! ...X.O.X...
Alex Tan at least Trump is trying to ease the deprivation on Main Street. Democrats are holding back more stimulus money for Main Street again because they want to send the money to Wall Street and the banks instead, like Obama did in 2008.
Interesting that these young BARBIE DOLL characters, barely dry behind the ears, are advising finances -- so sickening .... when you're 40, come back and then let us know after you've been out in life a while instead of learning it all in Business 101 at Junior College
There were a total of 93 mentions of “COVID-19” or “Coronavirus” in the Fed’s latest Beige Book report out on Wed, up from 59 in the prior March 4th report and far more than “Tariffs” ever got during the recent US-China trade war. This is becoming more and more like 1930s style Great Depression.
wow, then we may expect a "hot war" within ten years
Government tell people to set aside money for emergencies while they don't follow their own advice...
they can print money... and steal value from taxpayers. Not saying it's right, just why they don't.
If you had a blank check you wouldn't save either.
Why should they? They can simply steal it from us and they only have to do the job for a years before rolling into a load of management boards, regardless of the damage they made...
I'm serious about raising depression in Japan. I would really like to hear from overseas colleagues. Can somebody ask for English subtitles?
as a huge consumer of anime, I greatly worry that a lot of studios I enjoy could go under.
Fun fact: the IMF has always been very conservative in their forecast.
Indian babe from the IMF, beautiful as ever....
I only went to Community College and knew this was coming.
I only have a grade school education, and knew this was coming
I'm in kindergarten and I could see this coming from a mile away
I'm a cholo and I knew this was coming
I’m a duck, quack 🦆
@@ausvstheagenda I'm sure you could have also seen this coming, duck sire
Things will be bad for people who don't have access to credit to buy food and necessities until this gets under control.
I don't think so, we are not even close to the great depression, yet! I really hope we never do. That was a horrible time were there were food shortages all over and no jobs. In this time we all have food and there are jobs we are all just stuck at home.
Right on point, Jennifer! For more perspective, see my post above...
Jennifer Rogerson Well for now. We just have to hope for the best and that it won’t get as bad as it did in the Great Depression.
please dont do subtitles in the video itself
The money does not disappear it changes hands ✋
She's beautiful
Depressing.. I hate life
the world was nutz before you were born, go outside in the sunshine, eat some ice cream and chase butterflies. dont worry so much.
Indians everywhere 🇮🇳
not only is she smart, but damn she's beautiful too.
Bengalis too lol with her last name its obvious she's from WB
This is what's wrong with journalism these days - most in the biz are financially and mathematically illiterate. Ms. Flanders is a perfect example of that statement! The statement of GDP expected to drop -3% next year being worse than anything in the Financial Crisis is flat out wrong! Peak to trough, world GDP dropped almost exactly -5% to a low of approximately -1.67%. Now if the Ms. Flanders wants to say world GDP will DROP TO -3%, then the statement would be accurate. But I'm sorry, if you can't even be bothered to measure history accurately, why should I pay any attention to the pablum that dribbles out of your mouth?
Are you an investment banker, a capital fund manager?
Nobody knows and those who say they know are same ones that didnt see 2007 nor 1987. Wallstreet is one of many factors but not the many one. In the end those who benefit from death and crisis are rich as history has show.
3:40 uhh?
Back to gold standard first American
😎😎😎😎😎😎😎😎😎
1:10 They shows Japan where “there ISN’T a flattening of the curve”.
it may be South Korea
Just another aspect that shows the arrogance of those in the media. They need a shot of South Korea for the voiceover and just grab one of Japan with the thought, "people are stupid, they'll never notice." Any wonder many of us have reached the point of expecting most media pronouncements to be either wrong or dishonest?
*so we're basically fucked*
both are bad, either one can be worse depending on which perspective you look it at.
Clinging on to the old world. Its a bit of a let down both from a bloomberg point of view but more disappointingly from an IMF point of view. Does Bloomberg and the IMF really think that this is just a bump in the road? if you do, that is the most naive point of view I've heard in a long time. Going back to the same boom and bust models of the past will mean we have learned nothing of the current situation and its disappointing that Gita "its ok cos this wont affect me" Gopinath has a mind set that is firmly in a pre pandemic world. Probably time for this amateur to go really. To be honest what we need now are a pragmatic set of realists that can actually design a "realistic", "hotistic" (in terms of social inclusivity) and deliverable plan for the next 36 to 48 months that doesn't rely on going back to the bullshit wall street shambles that leads to absolute volatility and massive impacts to peoples hard earned pensions and savings in events like this when the "monetary controllers" of such funds don't care and only care for themselves and their own near term view. Wheres the next gen plan please? we cant go back.
Bail out package we want to give you but on one condition don’t go out to depend it !!!
4% death vs 400 Lakh Jobs loss.
I learn more from Gita, than rest of the 1000's of source on internet.
Pandemic will peak in 2nd half of 2020 and extend up to 2021
100 + Countries come to IMF for financial assistance.
This is more devastating than great depression of 1929.
Lock down strategy need to be revised in many countries considering prolonged period of pandemic situation.
Please no captions! Wtf
DEAR RUPERT MURDOCH! FOXTEL OUTAGE!!! HUNDREDS OF HOMES W/O FOXTEL!!!! STH AUSTRALIA,,,, DEAR RUPERT HELP UR OWN STIMULUS!!!,,,,
THANK U DEAR RUPERT!!!
...X.O.X...
👊🤔
Nope.. Mr president said its we are doing great 😂
Alex Tan at least Trump is trying to ease the deprivation on Main Street. Democrats are holding back more stimulus money for Main Street again because they want to send the money to Wall Street and the banks instead, like Obama did in 2008.
@@johncab23 dude, why would we give money to banks? also trump is an idiot, quit watching oann
We doing great 👍 no panic
Time to evolutions central bank every nation
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Times like this make sure to stay at home and listen to ASMR ✌
bye
Interesting that these young BARBIE DOLL characters, barely dry behind the ears, are advising finances -- so sickening .... when you're 40, come back and then let us know after you've been out in life a while instead of learning it all in Business 101 at Junior College