That's not why she's smiling -- she's giddy because she knows the lie sh's telling and is sure she's going to get away with it. -3% is nowhere close to how bad the Financial Crisis was in terms of world GDP...see my detailed explanation above!
@pk There may be an element of that at play in these comments. But I think it's more to do with just appreciating her successful career. What she has achieved is both extremely rare and impressive, especially when considering her background. A lot of people from her background daily face rejection and challenges due to factors beyond their control. Most people in the West have barely heard of Kerala. Seeing someone from who shares those experiences, taking on a challenging leadership position on the world stage, it's quite uplifting. How could we ever hold onto a person in India? The problems plaguing the country are so widespread and systemic. It's only natural for anyone seeking better opportunities to migrate elsewhere. There's no point criticising the commenters here for that. It's beyond our control. Might as well just say kudos :)
My country-India has fought COVID 19 with bravery and courage. This fight seems longer than what we thought. India is a developing country with 20% people living BPL status. At this harsh times taking care of them is a great challenge, but unlike big income countries people here are philanthropist in nature, even the daily wage earners. There is a fight and at least we Indians will fight it with pride. We will also be the nation to come out with a vaccine and show the world how humanity exists before everything else just like sending shipments of HCQ. Btw nice work @gitagopinath @selia
Harsh too early to celebrate and to make such bold statements. While I wish, pray and hope what you say comes true. HCQ we had no option but to give it to US, as Trump would have retaliated. Sending HCQ was just an insurance that will ensure that India will be on the preferred list if and when US produces Therapy and vaccine.
then why is she hired there are millions who could speak English better here in America. if she's good in research use that and put some better and faster English speaker
Well emerging countries are actually getting worst hit . Just because US is testing more does not mean it is in the worst position . US is relatively very strong compared to most of the other nations , especially the poor ones . The destruction of economies such as India is catastrophic. It's being battered to the ground . India cannot handle much more lockdowns. The entire financial system in India is collapsing . US gave 1200$ to every person . What did India give ? US $ is now at 77 rupees and rupee keeps falling . See , dollar is very strong . America is relatively very strong . 60,000 die from flu every year in US .That is every single year . Compared to that , only 50,000 have died till now of corona in US . So understanding that US has 330 million people . Number are still very small . India has 700 plus deaths but it will rise to overtake US and it could get 4x that of US since the population is very high in India .And the virus is not stopping . It's rising and will keep rising . But actual death rate seems way lower than was reported . Only about .5 % or one in 200 or one in 300 . That's how mild this virus is . More than 99.5 % - 99.9% will live and survive the virus . This is not the Spanish flu , this is not the plague . It's a super spreading mild virus .
@@falgunitomar2600 it's not actually as mild as you put it. Even in cases when the patient doesn't die, the treatment does require facilities and machines us developing countries do not have, especially if many get infected, which will happen given the infection ratio of this virus. So yes, we are getting the worst blow, and yes, it is deadly: either by itself so as because of lack of treatment due to economic inability.
Y'all are unnecessarily mean. Clearly, English is not her first language so she's trying to speak slowly so she can emulate enunciate her words properly. Give her a break.
@@justrandomthings319 proper elocution is part of the job here. I'd be sympathetic if it were some other setting but not where she's paid professional doing this. Let's face it, she was probably hired for a particular reason (looks, connections, casting couch etc)
Arib Anwar most folks won’t hv money to buy the essentials. And as far as online purchases, you need a credit card and most folks will hv no more ability to charge a purchase. Cash is the only way. Bezos will set up brick and mortar with bots running the floor and the public using keosks to pay for the items. No need for human interaction. All will be safe. Robotics are the wave of the future. Food will be cooked, baked, fried, seasoned, packaged, and or frozen by bots. There will be bots that deliver the food to your door. Large warehouses will install huge ovens, fryers, freezers, to make all this food but run my machines and bots. Very few people will be needed to run a warehouse. Maybe a dozen if that. No need for cashiers, waitresses, dishwashers, cooks, managers, bakers, hosts, or for that matter humans working out in the field picking our fruits and veggies. Robots can do all of that. They said that a machine could never pick cotton. Not true. The need for social distancing will bring about a revolution in using robots for menial tasks and tasks that are repetitive. Also receptionist jobs. Gone! Tourism will diminish greatly, folks realizing how other countries will be very poor, dirty, run down and dangerous, will stay home for a number of years. The airline industry will be used for cargo only. Beaches and summer camps, gone. Beach communities will become overtaxed bc of lack of Summer incomes and many will leave for cheaper living in rural areas. Robots will take over the education system and kids will adapt to off site learning. Those that don’t, loose ground. Banks will diminish, they will eventually, due to none payments from mortgages, will call in loans from large entities, once those folks can’t pay banks will close many many branches. Most folks will loose their homes and many will leave for rural areas to live in rentals. No more need for tellers, loan officers, managers. Many bank buildings will be abandoned and online banking and Apple pay ( for those who hv money) will be the new norm. Most transactions will be done online. The USPS, can finally throw the keys away and shut the lights off. Robots can process mail very easily and cleaner and they can work 24/7. Advertising will diminish greatly, people will only be buying what they need and can afford bc the purchasing power of the average American will be equivalent to 1928. Amazon will step away from the USPS and build their own fleet and only employ truckers to deliver. Robots can handle all other warehouse tasks. Many other jobs will diminish and go away primarily due to robots doing a lot of the work that humans are doing. The use of robots lowers costs of labor/pensions,/ retirement tools, time off, pregnancy, sickness, health benefits and the problem with absenteeism, are just a few of the areas where robots will bring a revolution to our world. For better or worse.
Not really . In a lockdown , people lose jobs and sources of income , therefore even essentials cannot be afforded by most people . It creates a poverty loop which keep fueling the recession and leads to more and more unemployment, poverty , bankruptcies etc . It destroys the world and at the end people die due to hunger and suicide . Basically the people with out jobs will not buy more , leasing to lesser production and less demand leading to more job losses leading to further less demand and further poverty . The cycle feeds on itself . Therefore supply demand equilibrium gets shifted to much lower levels than normal . This cycle needs to be broken or else things keep getting from bad to worse .
@@jacobandferb yes and no. Is there any relevance for her being outside? If she does the same comment in her room the result would be the same. See czech republic journalists. They always use masks even inside. And it's the best country in the EU fighting this.
6 point plan for new banking system: 1. All Central banks and their right to create currency abolished. 2. All debt owed to Central banks extinguished 3. All assets and interests owned by central banks and central banks owners returned to respective governments i.e. people. 4. A National bank created for each country and owned by citizen tax payers with exclusive right to create national currency 5. All banks nationalised. 6. Banks return to be utilities.
Why are rconomists obsessed with interest free or low interest loans? It’s not the interest that’s going to kill you, it’s the principal! It’s going to amount to an extra tax.
People are being told that the infection death rate is below 2% or less than 1 in 50. That's completely wrong because no one has provided adequate sampling and testing of the infection spread. The actual death rate exceeds 6% or more than 1 in 20 will die. Many will die of breathing problems but many more will not be counted when they die of other symptoms such as strokes, heart attacks, delirium, and vital organs deteriorating besides the lungs. You need to count all the dead and test the bodies. The initial spread of the virus didn't begin in December of 2019, it began in November or October or even at an earlier date. Since China doesn't want anyone researching the cause of the infection by restricting investigations, it becomes harder to lock down factual information. The Chinese from one region to another don't know or aren't given proper data and that's why they follow their own priorities from one locale to another.
This could have been controlled easily if the governments had put more resources and planning in advance. If they did not treat public health as an afterthought. Having millions of test produced quickly as well as masks, thermometers, gloves, education, etc. would have allowed the authorities to isolated the initial cases and "nip it in the bud". But with demagogues at the helm (USA and UK) we have the disastrous results of the pandemic. And they are still not doing much. Granted, the world relinquished the production of basic health products (Ventilators, masks, gloves) to China, and now we are paying the consequences....
Future generations will remember this year as THE GREAT GLOBAL LOCKDOWN. We are living in history, one of the most documented global crisis in modern times, where majority if not all humans alive will at least experience the effect of this global collapse. This is an epoch-making event that will further influence the decades, even centuries, of human civilization from this point onwards.
The economy isn't ending, it's just moving in different directions. Maybe it will start going back up once people figure out that they can go online and pretty much buy the same things they used to buy before and not just buy essential items. As far as paying bills and rent goes there will need to be a sharp adjustment.
They need to access rental rates in these buildings. Charging upwards around 2000.00-2700.00 for 600square foot condo in the sky. It’s all artificial intelligence. All a rip off. Should only be paying 600-700 a month. Where I’m from there are high rates of mental health issues psychosis, depression. People need to be more in touch with nature. Older buildings with old pipes, poisoned water taps need to be assessed as well. Charge no more than 300-400 for a space. People pay their own utilities. Rental and mortgage markets are a scam. Overtime it’s a waste of money if your not raising a family.
True about everything. I'd have everything be even more inexpensive, though. Landlords that have utilities paid inside the rent should charge no more than $600 for the whole package and for every year the building is older than 1950 the package should be adjusted for older pipes and other things that need replacing. Smaller spaces like studio and other efficiency apartments should be around $100 dollars tops. That way rooms won't cost so much that people can't pay their own utilities. In the winter heat costs about half of what rent does. Electricity is negotiable but people need to have heat.
I do not need to be afraid as long as I Choose Life. The bird who had to struggle to find his food survived when let out, into the wild. As a nation under God I can put hope in a truth beyond anything; we are living things. At the end of the end of the day I will survive the collapse of the economy. The fact that remains is I live in an ecosystem that provides for me.
There bellies are full. Stop feeding pigs and hogs. If your not focusing on yourself and family it’s a mental problem that People need to socially distance themselves from.
in India, there is too much effect for poor people or who r working in daily wages, and the government isn't helping through any fund. so social activists r just working on it at ground level and caring as they can of providing foods of needed people. but it's the worst situation bcz there is no kit available in hospitals. completely helpless of people from the medical and healthcare sectors through our government. we hope is everything is good as soon as.
Whattttttttt. Finance system is not responsible? The debts, over leverage....and on and on. QE infinity and all kinds of bubble. What are they smoking!
The only reason these small businesses are in a bad way is because they made no plan or preparations for storms, a simple plan and reserve finances would make it easy, my business is small, employ three people including myself, I own the building my business is located in and I have cash reserves enough to keep pay going to my furloughed employees and myself, I have temporarily shut the power down to my building so I dont have a bill coming for that, taxes for it are low and I have 2 years of property tax sat aside, it's just more preparations I made in case something happened, if other businesses weren't " fly by night" just out to make money with no long term plans then they would be fine also. Old saying that's crude but true excuse are like butt holes, everyone has one and they all stink.
maybe its time to lift the lockdown and let people get back to work. the consequences of the prevention (lockdown) may end up being worse than the disease (COVID 19).
In Gross Domestic Product, the letter "C" is tricky, for eg 100 shirts each cost ten rupees produced, A purchased 30,B purchased 25,C purchased 20 ,D purchased 15, E purchased 5,F purchased 3, G purchased 2, the total consumption 100 shirts, The " C" contribution in GDP 1000 in monetary terms .But the individual purchasing power varied. Regarding Services all the people are not getting equal opportunities,mere increasing number in the value of finished products and services is not the suitable measure to decide country's progress, so whether the Country is Active Or Inactive, In economic operations we can decide with the GDP calculations, but whether the country developed, progressed, managing human resources in an optimum manner we have to follow the below principle ,. We can assess the progress and health of the country with this formula - the total no of illiterates + the total no of unemployed + the total no of deaths except natural (infant deaths, accidents, diseases, deaths due to unavailability of medicines and medical facilities, suicides,) + crime rate +no of children born with disabilities +no begging for their livelihood+no of people receiving subsidies from the govt beyond the certain limit (the limit to be decided) if the total is Higher The country is under developed in terms of human resources development, vice-versa.this is the theorem of Human resource management and the suitable measure to assess the country's progress.
Our economy is in serious trouble. I don't mean maybe. An, if you think this is going to end in the next month; i can assure you; you are wrong! Also, when our economy fails, an it will; you can bet it will be worse than the great depression of the 1930's. How? Why? Okay, well first of all; many folks back then had chickens for eggs. A cow for milk. A garden for food. A horse or mule for work and to ride. Folks then knew how to do almost everything they needed done. They knew what to plant and when to plant it. They knew how to fend for themselves. Our young people do not know squat. Most do not even know where to get a potato seed or when & how to plant it. Bean seeds either! Also, most of them have no respect for their elders. Or for God. If anyone thinks this is going to end well for the masses; you better think again!!! Really hard! And war ALWAYS follows economic disaster. Hello!?
Economy contract with 3%.... 3?? Really?? Can't believe it's only 3% as so much is shut down. Will Predict more like 10-15% down if the lockdown situation is continuing for months, like it looks like it is!
The massive stimulus packages on monetary and fiscal policy will be the test of the MMT economic theory. Hope the theory holds in reality or we see screwed..
Pro tip: watch it at 1.25x speed
bwahahahahahaha .... that was a good tip !!! Rofl
Hahahaha...thanks mate
Thank mate.. her voice is super slow 😂
logo, that actually made her sound normal :))
That was good ...bro
Wow. She's so happy talking about worst crisis of a century :))
That's not why she's smiling -- she's giddy because she knows the lie sh's telling and is sure she's going to get away with it. -3% is nowhere close to how bad the Financial Crisis was in terms of world GDP...see my detailed explanation above!
She still has job
Century only started.
Habit lol
WTF why is she so happy
She seems so cheerful. Never seen someone like her during this pandemic
her smile is from ear to ear, seems like she's enjoyin' everything!
Psychology and human physiology explains why some people laugh or smile during horrible, awkward, or embarrassing situations.
Really, she smiles like an entertainer. I didn’t finish watching
she is happy that she at least has a job.
It is her job to report that way.
when "safer at home" becomes "safer with a home" then we will finally move on. This shift hasn't happened yet but it's coming soon.
Am i the only one who is watching this at 1.25X speed
So u think everyone is dumb
No dude I'm watching this at 2x speed
@@robbenvanpersie1562 buddy.. i am also included in everyone...
R u trying to say ... u think everyone is dumb except u...
Indian couldn’t understand at 1.25x speed lol
1.5 x speed
All the news channels: public is requested not to take to the streets
CNBC: lets report on streets
Looks like I’m gonna stay broke and single my entire life, thanks 2020
The IMF lady is really cute though....
She is from India
Geeta gopinath.
Harvard
India
A keralite too.
She is 48
@pk There may be an element of that at play in these comments. But I think it's more to do with just appreciating her successful career.
What she has achieved is both extremely rare and impressive, especially when considering her background. A lot of people from her background daily face rejection and challenges due to factors beyond their control. Most people in the West have barely heard of Kerala. Seeing someone from who shares those experiences, taking on a challenging leadership position on the world stage, it's quite uplifting.
How could we ever hold onto a person in India? The problems plaguing the country are so widespread and systemic. It's only natural for anyone seeking better opportunities to migrate elsewhere. There's no point criticising the commenters here for that. It's beyond our control. Might as well just say kudos :)
This 2020 will be known as THE GREAT LOCKDOWN to future generations!
It already is hahaha
Can you stay home and report?
1000$ laptop stand
You don’t need to be an economist to understand the impact of this corona pandemic on economies.
Such lively way to deliver bad news
mahesh raju she seems either clueless or indifferent
She's cute, my like is for her
Keep the Playback speed @ 1.25x
Forget the virus! The lady who's talking is so cute when she's speaking English..🥳😍
They are telling lots of lies even they donot konw what to do:
🙄
Typical thirsty indian guy
Donald Trump: it's gonna go away in April
April: CORONA VIRUS!!!
My country-India has fought COVID 19 with bravery and courage. This fight seems longer than what we thought. India is a developing country with 20% people living BPL status. At this harsh times taking care of them is a great challenge, but unlike big income countries people here are philanthropist in nature, even the daily wage earners.
There is a fight and at least we Indians will fight it with pride. We will also be the nation to come out with a vaccine and show the world how humanity exists before everything else just like sending shipments of HCQ.
Btw nice work @gitagopinath @selia
Chal bey lodu
@rishiJoesanu : the people like you will never help Indians grow..we all know that. So keep you mouth shut! What @harshKedia said is 100% correct.
@@devashishgupta2649 Abey economics atha hain tujhe?
@rishiJoesanu : nhi AATA be. Bus tuhi gyaani baba baitha hai na! Tujh jaise logo ki wajah see hi dunia barbaad ho rhi hai re Gyaanibaba😂😂
Harsh too early to celebrate and to make such bold statements. While I wish, pray and hope what you say comes true.
HCQ we had no option but to give it to US, as Trump would have retaliated. Sending HCQ was just an insurance that will ensure that India will be on the preferred list if and when US produces Therapy and vaccine.
she speaks so slow. I could do that already 2 times then hers. Sylvia 🤔🙄
ashutosh ify English is probably a secondary or tertiary language for her. She’s doing fine.
then why is she hired there are millions who could speak English better here in America. if she's good in research use that and put some better and faster English speaker
@@ashutoshify9237 she's not in America.
Emerging countries will be the worst hit.
USA: am I a joke to you?
Well emerging countries are actually getting worst hit . Just because US is testing more does not mean it is in the worst position . US is relatively very strong compared to most of the other nations , especially the poor ones . The destruction of economies such as India is catastrophic. It's being battered to the ground . India cannot handle much more lockdowns. The entire financial system in India is collapsing . US gave 1200$ to every person . What did India give ? US $ is now at 77 rupees and rupee keeps falling . See , dollar is very strong . America is relatively very strong . 60,000 die from flu every year in US .That is every single year . Compared to that , only 50,000 have died till now of corona in US . So understanding that US has 330 million people . Number are still very small . India has 700 plus deaths but it will rise to overtake US and it could get 4x that of US since the population is very high in India .And the virus is not stopping . It's rising and will keep rising . But actual death rate seems way lower than was reported . Only about .5 % or one in 200 or one in 300 . That's how mild this virus is . More than 99.5 % - 99.9% will live and survive the virus . This is not the Spanish flu , this is not the plague . It's a super spreading mild virus .
@@falgunitomar2600 it's not actually as mild as you put it. Even in cases when the patient doesn't die, the treatment does require facilities and machines us developing countries do not have, especially if many get infected, which will happen given the infection ratio of this virus. So yes, we are getting the worst blow, and yes, it is deadly: either by itself so as because of lack of treatment due to economic inability.
Gita looks great for 48
That's shocking
Is she drunk? CNBC please...
No, she is just speaking Slowmanian . From the country Slomania.
She's just Hispanic
I think shes high.
Y'all are unnecessarily mean. Clearly, English is not her first language so she's trying to speak slowly so she can emulate enunciate her words properly. Give her a break.
@@justrandomthings319 proper elocution is part of the job here. I'd be sympathetic if it were some other setting but not where she's paid professional doing this. Let's face it, she was probably hired for a particular reason (looks, connections, casting couch etc)
reporter sounds so sleepy. makes me sleepy too
Kinda hot tho
She's just Hispanic
It's funny how buying only essentials is leading to Economic slowdown and a recession
Arib Anwar most folks won’t hv money to buy the essentials. And as far as online purchases, you need a credit card and most folks will hv no more ability to charge a purchase. Cash is the only way. Bezos will set up brick and mortar with bots running the floor and the public using keosks to pay for the items. No need for human interaction. All will be safe. Robotics are the wave of the future. Food will be cooked, baked, fried, seasoned, packaged, and or frozen by bots. There will be bots that deliver the food to your door. Large warehouses will install huge ovens, fryers, freezers, to make all this food but run my machines and bots. Very few people will be needed to run a warehouse. Maybe a dozen if that. No need for cashiers, waitresses, dishwashers, cooks, managers, bakers, hosts, or for that matter humans working out in the field picking our fruits and veggies. Robots can do all of that. They said that a machine could never pick cotton. Not true. The need for social distancing will bring about a revolution in using robots for menial tasks and tasks that are repetitive. Also receptionist jobs. Gone! Tourism will diminish greatly, folks realizing how other countries will be very poor, dirty, run down and dangerous, will stay home for a number of years. The airline industry will be used for cargo only. Beaches and summer camps, gone. Beach communities will become overtaxed bc of lack of Summer incomes and many will leave for cheaper living in rural areas. Robots will take over the education system and kids will adapt to off site learning. Those that don’t, loose ground. Banks will diminish, they will eventually, due to none payments from mortgages, will call in loans from large entities, once those folks can’t pay banks will close many many branches. Most folks will loose their homes and many will leave for rural areas to live in rentals. No more need for tellers, loan officers, managers. Many bank buildings will be abandoned and online banking and Apple pay ( for those who hv money) will be the new norm. Most transactions will be done online. The USPS, can finally throw the keys away and shut the lights off. Robots can process mail very easily and cleaner and they can work 24/7. Advertising will diminish greatly, people will only be buying what they need and can afford bc the purchasing power of the average American will be equivalent to 1928. Amazon will step away from the USPS and build their own fleet and only employ truckers to deliver. Robots can handle all other warehouse tasks. Many other jobs will diminish and go away primarily due to robots doing a lot of the work that humans are doing. The use of robots lowers costs of labor/pensions,/ retirement tools, time off, pregnancy, sickness, health benefits and the problem with absenteeism, are just a few of the areas where robots will bring a revolution to our world. For better or worse.
NEMO bro no cap im not reading all that shit but i saw robots and future and company. That’s a fact
Not really . In a lockdown , people lose jobs and sources of income , therefore even essentials cannot be afforded by most people . It creates a poverty loop which keep fueling the recession and leads to more and more unemployment, poverty , bankruptcies etc . It destroys the world and at the end people die due to hunger and suicide . Basically the people with out jobs will not buy more , leasing to lesser production and less demand leading to more job losses leading to further less demand and further poverty . The cycle feeds on itself . Therefore supply demand equilibrium gets shifted to much lower levels than normal . This cycle needs to be broken or else things keep getting from bad to worse .
Well, I'm not going to miss tattoo parlors, nail salons, cruise ships, etc.
IMF forecasts have always been useless
My biggest question is why is she outside?
Media consider essential in all countries. She has the right to be outside and report on stories to better educated the population
@@jacobandferb yes and no. Is there any relevance for her being outside? If she does the same comment in her room the result would be the same. See czech republic journalists. They always use masks even inside. And it's the best country in the EU fighting this.
there is no one else near her, being outside in and of itself is perfectly fine
Because her family is sick inside?
Because nobody is outside, so she CAN be
RELAX. Just enjoyed the lock down. It will not come back again after this.
It's probably worse than great depression.
Jens Johansson .
6 point plan for new banking system: 1. All Central banks and their right to create currency abolished. 2. All debt owed to Central banks extinguished 3. All assets and interests owned by central banks and central banks owners returned to respective governments i.e. people. 4. A National bank created for each country and owned by citizen tax payers with exclusive right to create national currency 5. All banks nationalised. 6. Banks return to be utilities.
That's Guwahati at the intro 🤣🤣🤣
@Thappar se dar ni lagta saheb pyar se lgta h yeah super proud. Show me more
4:27 nice workspace setup there...
Because the world needs a break from everyday torture caused by civilization and humans needs to be more respectful to nature.
The reporter thinks corona lockdown is funtime 🙅🙅🙅
She seems like a good cheerful considering we are in the grip of a global pandemic. I can imagine her smiling cheerfully during funerals.
Love the 'jugaadu' laptop setup at (6:59)
I was searching whether someone noticed...
Sahi mein!
ha be
1:36 THAT SETUP....
Why are rconomists obsessed with interest free or low interest loans? It’s not the interest that’s going to kill you, it’s the principal! It’s going to amount to an extra tax.
People are being told that the infection death rate is below 2% or less than 1 in 50. That's completely wrong because no one has provided adequate sampling and testing of the infection spread. The actual death rate exceeds 6% or more than 1 in 20 will die. Many will die of breathing problems but many more will not be counted when they die of other symptoms such as strokes, heart attacks, delirium, and vital organs deteriorating besides the lungs. You need to count all the dead and test the bodies. The initial spread of the virus didn't begin in December of 2019, it began in November or October or even at an earlier date. Since China doesn't want anyone researching the cause of the infection by restricting investigations, it becomes harder to lock down factual information. The Chinese from one region to another don't know or aren't given proper data and that's why they follow their own priorities from one locale to another.
This could have been controlled easily if the governments had put more resources and planning in advance. If they did not treat public health as an afterthought. Having millions of test produced quickly as well as masks, thermometers, gloves, education, etc. would have allowed the authorities to isolated the initial cases and "nip it in the bud". But with demagogues at the helm (USA and UK) we have the disastrous results of the pandemic. And they are still not doing much. Granted, the world relinquished the production of basic health products (Ventilators, masks, gloves) to China, and now we are paying the consequences....
Future generations will remember this year as THE GREAT GLOBAL LOCKDOWN. We are living in history, one of the most documented global crisis in modern times, where majority if not all humans alive will at least experience the effect of this global collapse. This is an epoch-making event that will further influence the decades, even centuries, of human civilization from this point onwards.
praise the m0therf0cking swordfish, heretics is this sarcasm
Speak for yourself stocks are approaching where they were before the sell off
Who does the world is in debt with?? The decepticons!!!!
time to dial in on the autobots 👍
The economy isn't ending, it's just moving in different directions. Maybe it will start going back up once people figure out that they can go online and pretty much buy the same things they used to buy before and not just buy essential items. As far as paying bills and rent goes there will need to be a sharp adjustment.
if this whole lockdown won't be lifted by June, kiss a goodbye to your lifestyle, because no company will be able to support your lifestyle.
KoeSeer evidence?
They need to access rental rates in these buildings. Charging upwards around 2000.00-2700.00 for 600square foot condo in the sky. It’s all artificial intelligence. All a rip off. Should only be paying 600-700 a month. Where I’m from there are high rates of mental health issues psychosis, depression. People need to be more in touch with nature. Older buildings with old pipes, poisoned water taps need to be assessed as well. Charge no more than 300-400 for a space. People pay their own utilities. Rental and mortgage markets are a scam. Overtime it’s a waste of money if your not raising a family.
True about everything. I'd have everything be even more inexpensive, though. Landlords that have utilities paid inside the rent should charge no more than $600 for the whole package and for every year the building is older than 1950 the package should be adjusted for older pipes and other things that need replacing. Smaller spaces like studio and other efficiency apartments should be around $100 dollars tops. That way rooms won't cost so much that people can't pay their own utilities. In the winter heat costs about half of what rent does. Electricity is negotiable but people need to have heat.
Did she blame China as she did with India before for the slowdown? Hypocrites.
I do not need to be afraid as long as I Choose Life. The bird who had to struggle to find his food survived when let out, into the wild. As a nation under God I can put hope in a truth beyond anything; we are living things. At the end of the end of the day I will survive the collapse of the economy. The fact that remains is I live in an ecosystem that provides for me.
Why is she so happy talking about the worst crisis in decades
I wonder what Gita is doing to look so stunning at her age of 50+
Sleazy guy spotted😃😃😄
Because corporate, federal and private debt levels are at all time highs because of the FED
There bellies are full. Stop feeding pigs and hogs. If your not focusing on yourself and family it’s a mental problem that People need to socially distance themselves from.
All Indians are proud of Gita gopinath, for her contribution in imf.
We made it out before and we'll make it again. NOT because of stimulus, bailouts, and regulation, but IN SPITE of it!
Go tell Ugandan
She speaks so slowly.
I don’t really see any problem we’re still eating three times a day
For now, keep the world economy shut longer and you will be trading sex for antibiotics
The Golden Beetle kkkkk not at all
The Golden Beetle ‘s comment may seem like a joke now but for Antibiotics I imagine much worse.
Wait you guys are eating three meals a day and not 1?
I knew that it will be the bad luck era since late 2019 all signs appered ,lets hope dinosaurs dont come to life next . 😂😁
Now workers must have more kids. Many elderly will die during Covid. We must compensate this to have a strong economy in the future!
ruclips.net/video/xUTiha34hBg/видео.html
Out of $8 trillion bailout packages around the world, the US individually have $3 trillion. That shows how powerful the nation is.
@@darekpower Federal Reserve
. Open up
in India, there is too much effect for poor people or who r working in daily wages, and the government isn't helping through any fund. so social activists r just working on it at ground level and caring as they can of providing foods of needed people. but it's the worst situation bcz there is no kit available in hospitals. completely helpless of people from the medical and healthcare sectors through our government. we hope is everything is good as soon as.
She is beautiful, but I miss Elizabeth's reporting..
Why is she so excited about taking on Great Depression ?
The impact is a huge human transformation from unbridled greed to humanity. We all matter.
Thanks USA and both cnbc great ladies
Is the host from Poland or what..?
Why the anchor is trying to be so happy about this? Is this a beauty contest?
She finally got the chance to be on TV
Very nice CNBC and good to know Gita Gee's comments which were very informative while confined in the Lock down. God Bless you.
Silvia Amaro tho
WOW! 😍
Chinavirus brought me as well as the economy here.
It's not a recession it is a DEPRESSION !!!
THE NEWS REPORTER IS DRUNK.
Whattttttttt. Finance system is not responsible? The debts, over leverage....and on and on. QE infinity and all kinds of bubble. What are they smoking!
The only reason these small businesses are in a bad way is because they made no plan or preparations for storms, a simple plan and reserve finances would make it easy, my business is small, employ three people including myself, I own the building my business is located in and I have cash reserves enough to keep pay going to my furloughed employees and myself, I have temporarily shut the power down to my building so I dont have a bill coming for that, taxes for it are low and I have 2 years of property tax sat aside, it's just more preparations I made in case something happened, if other businesses weren't " fly by night" just out to make money with no long term plans then they would be fine also. Old saying that's crude but true excuse are like butt holes, everyone has one and they all stink.
How come the IMF can provide takeaways but my local one is closed?
Lol you people spend more on lunch than I have to spend for the month.
maybe its time to lift the lockdown and let people get back to work. the consequences of the prevention (lockdown) may end up being worse than the disease (COVID 19).
Economy is faster than this video
Please take care of audio in the next video... Looking forward to many more😊😊
In Gross Domestic Product, the letter "C" is tricky, for eg 100 shirts each cost ten rupees produced, A purchased 30,B purchased 25,C purchased 20 ,D purchased 15, E purchased 5,F purchased 3, G purchased 2, the total consumption 100 shirts, The " C" contribution in GDP 1000 in monetary terms .But the individual purchasing power varied. Regarding Services all the people are not getting equal opportunities,mere increasing number in the value of finished products and services is not the suitable measure to decide country's progress, so whether the Country is Active Or Inactive, In economic operations we can decide with the GDP calculations, but whether the country developed, progressed, managing human resources in an optimum manner we have to follow the below principle ,. We can assess the progress and health of the country with this formula - the total no of illiterates + the total no of unemployed + the total no of deaths except natural (infant deaths, accidents, diseases, deaths due to unavailability of medicines and medical facilities, suicides,) + crime rate +no of children born with disabilities +no begging for their livelihood+no of people receiving subsidies from the govt beyond the certain limit (the limit to be decided)
if the total is Higher The country is under developed in terms of human resources development, vice-versa.this is the theorem of Human resource management and the suitable measure to assess the country's progress.
Why is she looking so happy telling us this grim info?
4:23 shouldn't it be more than 20% and not 10.4%?
think she meant 10% for each (*u.s. and e.u.)
Our economy is in serious trouble. I don't mean maybe. An, if you think this is going to end in the next month; i can assure you; you are wrong!
Also, when our economy fails, an it will; you can bet it will be worse than the great depression of the 1930's.
How? Why?
Okay, well first of all; many folks back then had chickens for eggs. A cow for milk. A garden for food. A horse or mule for work and to ride. Folks then knew how to do almost everything they needed done. They knew what to plant and when to plant it. They knew how to fend for themselves.
Our young people do not know squat. Most do not even know where to get a potato seed or when & how to plant it. Bean seeds either!
Also, most of them have no respect for their elders. Or for God.
If anyone thinks this is going to end well for the masses; you better think again!!! Really hard!
And war ALWAYS follows economic disaster. Hello!?
Well you forget, they know how to dance on tik tok
Mujra
Feedback- she could sound more alive?
Lol
I think all the trump supporters should return to work tomorrow and then they can tell us about it in may.
Michael Voelkl I agree 💯
What is the use of keep changing prediction of GDP growth?
Is she speaking at .75x?
Haha she is cute
In a developing country like India no concrete measure to help the small business and industries have yet been taken by the government.
The 48 year old economic adviser looks way more cuter and much more interesting to listen to, than the anchor.
1:05 what a setup
I thought Gal Gaddot was the presenter
Economy contract with 3%.... 3?? Really?? Can't believe it's only 3% as so much is shut down. Will Predict more like 10-15% down if the lockdown situation is continuing for months, like it looks like it is!
Thank you. Very informative. Great work ladies.
some industries are really booming though. some people who are unemployment couldn't pay rent and maybe the housing are going to crash
Wow this Reporter is not fun to listen to.
Why is she speaking slowly?
I sent this video to my friend, 'hey, do you want to learn a bit of English?'
We are headed to the great depression Nationwide
In India many small business will shut down permanently
Great video 👍👌,. To inform startup like us to inform about recession.. time
Because of the Federal Reserve. If you are a US citizen and still don't understand and are not rich then... Go live a miserable life
Please change the reporter
The massive stimulus packages on monetary and fiscal policy will be the test of the MMT economic theory. Hope the theory holds in reality or we see screwed..
Why both of them are smiling.
If this economy comes back in 4 years I would be amazed. But I doubt peace will wait.
Decent content but damn.. you need to speak faster