Asking Solomon about long-term issues of the economy is hilarious. He can't wait for the next recession and is SALIVATING for the next financial crisis. WHY: 1-Volatility will skyrocket, making Goldman's trading floor insanely profitable again, as it was back in 2008-2009. 2-The Fed will bail out any TBTF primary dealer, not just with QE-ternally, which is the proactive and pre-emptive bailout, but also using any emergency-lending facility, as it already proved in 2008.
Well said n a good analysis by Singapore’ Senior Minister Tharman Shanmugaratnam. Always a very understanding view of what the global finance sector needs to act.
YES YOU GET IT! LOOK WHAT HAS HAPPENED TO THE WORLD? THEY HELD THIS 10 DAYS AND LESS B4 CHINA TELLS THE WORLD OR ACTUALLY NOT THAT THEY HAD A PANDEMIC ON THEIR HANDS. ALL THOSE PEOPLE WERE IN BEIJING CHINA!!! THEY TRAVELED ALL OVER CHINA TOO AND THEN FLEW HOME AND INFECTED PEOPLE IN THEIR COUNTRIES THEN THEY HELD ANOTHER CONFERENCE IN OCTOBER OF 2019 WHICH HAD TO BE PLANNED WAY IN ADVANCE ABOUT A SIMULATION FOR A PANDEMIC PREPAREDNESS EXERCISE! SERIOUS LOOK UP EVENT201 THIS IS ALL A DAM OVER THROW OF GOD KNOWS. DAM CHINA!!!!!! ALSO THIS IS BROUGHT TO YOU BY MIKE BLOOMBERG THIS ONE HERE. HE ESTABLISHED THIS FORUM IN 2018 THAT ONE WAS HELD IN CHINA AS WELL. TRAITORS !!!
So hard to deter her direction. Now a globally balanced development is really an economic wish. Would have been nice to have an entrepreneurial perspective in this talk as so far it is the foremost investors in the idea of a balanced global economy. I guess that's why we're talking about managing financial crisis anyways. But why are we while talking about financial crisis, not talking about the poor state of international relationship between governments or how to fix that, there seems to be too much of US this, Europe that, China that. Its still an interesting one, thanks for uploading.
11:45 "Why is private investment so weak? Why is there so much uncertainty in the air? Why's innovation slowed down? Why's productivity growth so slow?" Ummm, because everything about our current monetary and fiscal policy has been to reward spenders and consumers, and to punish savers and producers for the better part of 20 years. You can't have investment without savings. If you want to get the economy back on track all you have to do is raise interest rates, oh wait, they can't do that without crashing the world stock exchanges because everyone and their grandmother is leveraged up to their eyeballs. Let rates come up and all those brokerage accounts, IRAs, pensions, and 401ks go *POOF*! All the phony wealth that's been accumulated over the past 10 years is reduced to a fraction of it's former self, and the sheeps clothing finally comes off to reveal just how inept the world government's have been in resolving the consequences of their own policies.
@@salazardravens874 interest rates negatively effect valuation of businesses. with valuations down, the stock market will fall sharply. with so much wealth (penions, retirement plans, etc.) in the stock market, a drop in the stock market will be detrimental to ppl's wealth
Signs of Imminent Peak Bullshit Armageddon: David M. Solomon, the current CEO of Goldman Sachs, produces electronic dance music (EDM) records under the stage name DJ D-Sol. He has performed at nightclubs and music festivals around New York, Miami, and The Bahamas. He released his debut single, "Don't Stop" with an extended version on Spotify in June 2018. (text from wikipedia).
@ What doesn't make sense is liking a panel because of the ethnicities of the participants. That was the stupidity contained in the poster's comment, although I admit I could have made it clearer.
He is one of the worst thing that could happen to Africans. He is a liberal, a lobotomized finance pawn made to execute the policy of the liberals - ( aka financial looting and dictatorship by fake money ) : he participated in the theft of public goods of Africans. From wikipedia : " He actively promoted an extensive privatization program which saw, between 1994 and 1999, Côte d'Ivoire lead African countries[12] by privatizing its telephone, services, electric power generation, airports, railways and many companies in the agricultural sector.[10] In 1998, the World Economic Forum in Davos named him as one of the annual 100 Global Leaders for Tomorrow, and in 1999 the Forum named him a member of the Dream Cabinet." Privatization = Looting He is a fool made by occult forces who were in charge of "managing" West Africa. He had a very privileged life since childhood. You can see it because of his stupid arrogance, a common characteristic of those kinds of parasites. He is, like so many others around the world, among those on whom the growing revolt will fall without any kind of clemency. In fact, he is already dead. He is a zombie.
"Also there will be signs in the sun and moon and stars, and on the earth anguish of nations not knowing the way out because of the roaring of the sea, and it agitation, while men become faint out of fear and expectation of the things coming upon the inhabited earth." Luke 21: 25, 26. This 'roaring sea' of agitation is also the 'sea' of wicked mankind, as seen in Isaiah 57: 20, 21 "But the wicked are like the sea that is being tossed." This time of 'signs' in Sun, moon and stars is now here. Matthew 24: 29, 30. There is a cluster of objects close to the Sun that can be photographed. [Please, no blind people tell me about lens flares and moisture and dirt on the lens; without looking] In our personal collection of more than 30,000 images, I can say this time is now imminent. Malachi 4: 2. So we would THEREFORE expect to see evidence of this 'agitation' in the nations. This would also relate to Daniel 2: 31-46, when a 'Stone' Christ Jesus, stuck a political 'image' on its 'feet', made of iron and clay. The people were not mixing, just as iron is not mixing with clay. The iron-like totalitarian governments, are not mixing with the 'clay -like' ordinary people. So this means rioting and protesting, on a large scale world-wide. That is why we have seen these things in 33 countries in Q4 of 1019. That is why Christ Jesus' arrival at the Sunrise, as seen in Malachi 4: 2 is now imminent. These 33 countries are: Spain, Sudan, Russia, Egypt, Uganda, Indonesia, Ukraine, Peru, Hong Kong, Zimbabwe, Colombia, France, Turkey, Venezuela, The Netherlands, Ethiopia, Brazil, Malawi, Algeria, Iraq, Haiti, Ecuador, Lebanon, Chile, Guinea, Pakistan, Bolivia, Iran, Georgia, Prague Malta, India and 50 states of the US In Australia, a disaster is brewing. It is something far more pressing than the bush-fire crisis. A banking systems insolvency crisis originating in Germany, costs the EURO, when it collapses. Ezekiel 7: 19 Psalms 46: 4-6. This is also predicted for the Sunrise, as well as WAR appearing between Israel, the US, and allies against IRAN Daniel 11: 44, 45 Daniel 8: 20, 23-25. These 3 things, WARS Jeremiah 25: 24-26 WRATH Revelation 11: 18 and FINANCIAL COLLAPSE Psalms 46: 4-6 James 5: 1-3 arrive at the same time as CHRIST arrives. Malachi 4: 2 Matthew 24: 29, 30 and He is a 'Stone' that strikes a political 'image', making the Kingdom of God on earth appear Daniel 2: 44. The 'sheep-like' true Christians are already inside God's Kingdom at the appearance of Christ Matthew 25: 31, 34. The Sunrise is IMMINENT, and the events predicted have all appeared. This distress also arrives in Australia, at the same time. What happens? The currency and banking system of Australia are impacted by the tsunami wave of financial distress that arrives when the EURO collapses, and the financial system of Australia will COLLAPSE along with others. Why would this be true? The banks in Australia are law-breaking, and they have already been caught. The government has taken the soft option of making Australia 'cash free'. This process is already going through the parliaments. But the money will be locked inside the banks, and then TAKEN when needed to keep the corrupt banks STANDING UPRIGHT. Isn't this a good idea, to keep YOUR money locked up in the bank, so it can be taken as required to keep a CORRUPT banking system from falling into its own MANURE. So the hole in the tent appears when the Euro collapses, along with the other events predicted for the 'Sunrise'; and the 'anguish of nations' will also come to Australia, due to the 'roaring sea' of wicked ones; when the financial system crashes, anger arrives. Before the bush-fire crisis of Australia is resolved, the currency and banks in Australia will collapse. Flee to the refuge indicated in Micah 4: 1-7. This is where Jehovah's name is sanctified Matthew 6:9. This is where God's Kingdom Daniel 2: 44 Paradise Luke 23: 43 is being taught to the 'sheep-like' ones Matthew 25: 31, 34.
There is already too much money that has been created. The problem is that money goes to the CEO and executives first and never the worker. These people on stage show they are the problem. Easiest solution is limit the amount of assets an individual can own. Cap it at $100 million and watch the money flow back to the people. As long as these people are allowed to take as much as they want they will.
Which country has the LESS CORRUPT banksters is country with HIGHER INTEREST RATES!!!! Let's see.... Solomon: Zero rates, high debt...blah blah well known.. Zhou Xiachuan: "We want to avoid Zero Lower Bound" "our low rates are not as low as advanced countries, prime rate 4%". @04:47 ; Tidjane Thiam: "Euro rates negative...challenging period, very little fiscal flexibility, pressure points asset prices," @08:11 ; Tharman Shanmuguratnam: "Private Investment weak, productivity so low, fundamental problems, monetary policy NO SPACE; @11:41 ; Moreno: Flat growth, low productivity, capital outflows from lower rates, .... WINNER....seems like CHINA!! LOL.
The Sunrise is imminent Malachi 4: 2. It brings with it wars and wrath and a financial meltdown Psalms 46: 4-6 James 5: 1-3 Ezekiel 7: 19 Revelation 18: 17 Isaiah 2: 18-20, 55: 1.
Ruyi P agreed, but can anyone in the panel speak fluent Chinese? Learning a foreign language isn’t that easy, when I say foreign language, let’s exclude those European dialects, because they are not foreign to each other.
An impressive panel! I remember when they assembled in 2007 and said there was zero chance of a financial crisis. Proven geniuses.
Did they aire that interview?
Tharman Shanmugaratnam is really good at carry out understandable strategies to laymen like us
Asking Solomon about long-term issues of the economy is hilarious. He can't wait for the next recession and is SALIVATING for the next financial crisis. WHY: 1-Volatility will skyrocket, making Goldman's trading floor insanely profitable again, as it was back in 2008-2009. 2-The Fed will bail out any TBTF primary dealer, not just with QE-ternally, which is the proactive and pre-emptive bailout, but also using any emergency-lending facility, as it already proved in 2008.
true
Well said n a good analysis by Singapore’ Senior Minister Tharman Shanmugaratnam. Always a very understanding view of what the global finance sector needs to act.
look its a meeting of the biggest gangsters in our world
YES YOU GET IT! LOOK WHAT HAS HAPPENED TO THE WORLD? THEY HELD THIS 10 DAYS AND LESS B4 CHINA TELLS THE WORLD OR ACTUALLY NOT THAT THEY HAD A PANDEMIC ON THEIR HANDS. ALL THOSE PEOPLE WERE IN BEIJING CHINA!!! THEY TRAVELED ALL OVER CHINA TOO AND THEN FLEW HOME AND INFECTED PEOPLE IN THEIR COUNTRIES THEN THEY HELD ANOTHER CONFERENCE IN OCTOBER OF 2019 WHICH HAD TO BE PLANNED WAY IN ADVANCE ABOUT A SIMULATION FOR A PANDEMIC PREPAREDNESS EXERCISE! SERIOUS LOOK UP EVENT201 THIS IS ALL A DAM OVER THROW OF GOD KNOWS. DAM CHINA!!!!!! ALSO THIS IS BROUGHT TO YOU BY MIKE BLOOMBERG THIS ONE HERE. HE ESTABLISHED THIS FORUM IN 2018 THAT ONE WAS HELD IN CHINA AS WELL. TRAITORS !!!
the countries with the HIGHER interest rates and NO QE are the countries with LESS bankster corruption......
Managing the next financial crisis: get a public bailout-
With the exception of Solomon who drinks the tears of the oppressed, this panel represents the highly incorruptible and with good opinions
The Arsonists are now gathering to put out the fire.. 🤣
The moderator sounds like she's from the Hunger Games
Bloomberg will be the single greatest factor in helping Trump to win in 2020!!
Run Michael RUN!!!!
They are so measured in their responses. The bottom line is that we are in for a long road ahead. 10-15 depression that will be worse than 1929
wery nice😁😁
@@pasaulissurezisuotas2617 You sound like someone that has their ducks in a row and ready to buy at an extreme discount😊
Zanny did good job!
So hard to deter her direction.
Now a globally balanced development is really an economic wish. Would have been nice to have an entrepreneurial perspective in this talk as so far it is the foremost investors in the idea of a balanced global economy. I guess that's why we're talking about managing financial crisis anyways. But why are we while talking about financial crisis, not talking about the poor state of international relationship between governments or how to fix that, there seems to be too much of US this, Europe that, China that.
Its still an interesting one, thanks for uploading.
Possibility of a slowing??? Serious? When you borrow out 100 years wtf do you think . This is an insult and a complete farce.
Too much damn credit has been issued.
11:45 "Why is private investment so weak? Why is there so much uncertainty in the air? Why's innovation slowed down? Why's productivity growth so slow?" Ummm, because everything about our current monetary and fiscal policy has been to reward spenders and consumers, and to punish savers and producers for the better part of 20 years. You can't have investment without savings. If you want to get the economy back on track all you have to do is raise interest rates, oh wait, they can't do that without crashing the world stock exchanges because everyone and their grandmother is leveraged up to their eyeballs. Let rates come up and all those brokerage accounts, IRAs, pensions, and 401ks go *POOF*! All the phony wealth that's been accumulated over the past 10 years is reduced to a fraction of it's former self, and the sheeps clothing finally comes off to reveal just how inept the world government's have been in resolving the consequences of their own policies.
Can you please elaborate how that mechanism "Interest rates go up, wealth dissapears" works?
@@salazardravens874 interest rates negatively effect valuation of businesses. with valuations down, the stock market will fall sharply. with so much wealth (penions, retirement plans, etc.) in the stock market, a drop in the stock market will be detrimental to ppl's wealth
Signs of Imminent Peak Bullshit Armageddon: David M. Solomon, the current CEO of Goldman Sachs, produces electronic dance music (EDM) records under the stage name DJ D-Sol. He has performed at nightclubs and music festivals around New York, Miami, and The Bahamas. He released his debut single, "Don't Stop" with an extended version on Spotify in June 2018. (text from wikipedia).
I like how all major global ethnic groups are represented on stage.
That's designed to make you stupid.
@ What doesn't make sense is liking a panel because of the ethnicities of the participants. That was the stupidity contained in the poster's comment, although I admit I could have made it clearer.
We want to know more about Prince Andrew. What happened to him?
Who is THIAM? Bloomberg news should clarify as the said bank of China Zhou. They should said CREDIT SUISSE CEO.
He is one of the worst thing that could happen to Africans. He is a liberal, a lobotomized finance pawn made to execute the policy of the liberals - ( aka financial looting and dictatorship by fake money ) : he participated in the theft of public goods of Africans.
From wikipedia :
" He actively promoted an extensive privatization program which saw, between 1994 and 1999, Côte d'Ivoire lead African countries[12] by privatizing its telephone, services, electric power generation, airports, railways and many companies in the agricultural sector.[10] In 1998, the World Economic Forum in Davos named him as one of the annual 100 Global Leaders for Tomorrow, and in 1999 the Forum named him a member of the Dream Cabinet."
Privatization = Looting
He is a fool made by occult forces who were in charge of "managing" West Africa. He had a very privileged life since childhood. You can see it because of his stupid arrogance, a common characteristic of those kinds of parasites. He is, like so many others around the world, among those on whom the growing revolt will fall without any kind of clemency. In fact, he is already dead. He is a zombie.
Vincentius wow chill stop say bullshit about him.
@@anasthase100 One of the brightest minds in the world as you can see..
its cuz everone know him lol. there are thousands of Zhou's so they need to specify. The mentioned GS just to get views
On a lighter note, those chairs don't look comfortable at all.
"Also there will be signs in the sun and moon and stars, and on the earth anguish of nations not knowing the way out because of the roaring of the sea, and it agitation, while men become faint out of fear and expectation of the things coming upon the inhabited earth." Luke 21: 25, 26. This 'roaring sea' of agitation is also the 'sea' of wicked mankind, as seen in Isaiah 57: 20, 21 "But the wicked are like the sea that is being tossed." This time of 'signs' in Sun, moon and stars is now here. Matthew 24: 29, 30. There is a cluster of objects close to the Sun that can be photographed. [Please, no blind people tell me about lens flares and moisture and dirt on the lens; without looking] In our personal collection of more than 30,000 images, I can say this time is now imminent. Malachi 4: 2. So we would THEREFORE expect to see evidence of this 'agitation' in the nations. This would also relate to Daniel 2: 31-46, when a 'Stone' Christ Jesus, stuck a political 'image' on its 'feet', made of iron and clay. The people were not mixing, just as iron is not mixing with clay. The iron-like totalitarian governments, are not mixing with the 'clay -like' ordinary people. So this means rioting and protesting, on a large scale world-wide.
That is why we have seen these things in 33 countries in Q4 of 1019. That is why Christ Jesus' arrival at the Sunrise, as seen in Malachi 4: 2 is now imminent. These 33 countries are:
Spain, Sudan, Russia, Egypt, Uganda, Indonesia, Ukraine, Peru, Hong Kong, Zimbabwe, Colombia, France, Turkey, Venezuela, The Netherlands, Ethiopia, Brazil, Malawi, Algeria, Iraq, Haiti, Ecuador, Lebanon, Chile, Guinea, Pakistan, Bolivia, Iran, Georgia, Prague Malta, India and 50 states of the US
In Australia, a disaster is brewing. It is something far more pressing than the bush-fire crisis. A banking systems insolvency crisis originating in Germany, costs the EURO, when it collapses. Ezekiel 7: 19 Psalms 46: 4-6. This is also predicted for the Sunrise, as well as WAR appearing between Israel, the US, and allies against IRAN Daniel 11: 44, 45 Daniel 8: 20, 23-25. These 3 things, WARS Jeremiah 25: 24-26 WRATH Revelation 11: 18 and FINANCIAL COLLAPSE Psalms 46: 4-6 James 5: 1-3 arrive at the same time as CHRIST arrives. Malachi 4: 2 Matthew 24: 29, 30 and He is a 'Stone' that strikes a political 'image', making the Kingdom of God on earth appear Daniel 2: 44. The 'sheep-like' true Christians are already inside God's Kingdom at the appearance of Christ Matthew 25: 31, 34.
The Sunrise is IMMINENT, and the events predicted have all appeared. This distress also arrives in Australia, at the same time. What happens? The currency and banking system of Australia are impacted by the tsunami wave of financial distress that arrives when the EURO collapses, and the financial system of Australia will COLLAPSE along with others. Why would this be true? The banks in Australia are law-breaking, and they have already been caught. The government has taken the soft option of making Australia 'cash free'. This process is already going through the parliaments. But the money will be locked inside the banks, and then TAKEN when needed to keep the corrupt banks STANDING UPRIGHT. Isn't this a good idea, to keep YOUR money locked up in the bank, so it can be taken as required to keep a CORRUPT banking system from falling into its own MANURE.
So the hole in the tent appears when the Euro collapses, along with the other events predicted for the 'Sunrise'; and the 'anguish of nations' will also come to Australia, due to the 'roaring sea' of wicked ones; when the financial system crashes, anger arrives.
Before the bush-fire crisis of Australia is resolved, the currency and banks in Australia will collapse.
Flee to the refuge indicated in Micah 4: 1-7. This is where Jehovah's name is sanctified Matthew 6:9. This is where God's Kingdom Daniel 2: 44 Paradise Luke 23: 43 is being taught to the 'sheep-like' ones Matthew 25: 31, 34.
The panel selectors seemed worried about racial diversity. latino...indian..white.. african and chinese...
I WILL SAY SO MANY PEOPLE NEED TO BE ROUNDED UP FOR COMMITTING A GLOBAL CRIME - BIG NAMES HERE BUT STILL THEY ARE CRIMINALS
Just sent my view through.
When you put it their way Europe seem fucked. But if europe goes down it might not be alone
the issue will be nobody will tell you if there is a crash coming, because if the action of telling people the truth(;D maybe?) could produce a crash
Who creats next recession? Why? Who benefits?
23 trillion in debt and interest rate is so low. I wonder what tools US has.
Is that Amy Sedaris?
May 8 2020 💯
There is already too much money that has been created. The problem is that money goes to the CEO and executives first and never the worker. These people on stage show they are the problem. Easiest solution is limit the amount of assets an individual can own. Cap it at $100 million and watch the money flow back to the people. As long as these people are allowed to take as much as they want they will.
Top earner............
Ironically bloomberg is blocked in China
Bloomberg is not blocked in China, youtube is. This forum is hosted in Beijing is pretty good evidence that bloomberg is not blocked in China.
It is blocked in China ... get your facts right
Tharman 👍🏻👍🏻
INVESTORS WANTED
its the peoples bank of china
Which country has the LESS CORRUPT banksters is country with HIGHER INTEREST RATES!!!! Let's see....
Solomon: Zero rates, high debt...blah blah well known..
Zhou Xiachuan: "We want to avoid Zero Lower Bound" "our low rates are not as low as advanced countries, prime rate 4%". @04:47 ;
Tidjane Thiam: "Euro rates negative...challenging period, very little fiscal flexibility, pressure points asset prices," @08:11 ;
Tharman Shanmuguratnam: "Private Investment weak, productivity so low, fundamental problems, monetary policy NO SPACE; @11:41 ;
Moreno: Flat growth, low productivity, capital outflows from lower rates, ....
WINNER....seems like CHINA!! LOL.
The Sunrise is imminent Malachi 4: 2. It brings with it wars and wrath and a financial meltdown Psalms 46: 4-6 James 5: 1-3 Ezekiel 7: 19 Revelation 18: 17 Isaiah 2: 18-20, 55: 1.
🤦♂️
I see a long long road ahead smh
Ghastly woman, that Beddoes. snob woman.
Sorry for the Bank of China governor's poor English and being financially illiterate.😕
Ruyi P agreed, but can anyone in the panel speak fluent Chinese? Learning a foreign language isn’t that easy, when I say foreign language, let’s exclude those European dialects, because they are not foreign to each other.
that zhou xiao chuan English accent is damn annoying
I feel kinda ashamed, this accent is even worse than that of Ziyi Zhang
But this is not his native language, I respect someone at that age speaks a foreign language which is very different from his own.
@@denisebay1737 The accent is not important at all, the message is important!