@St0rm Ranger Wrong. The most effective propaganda is the loudest and most blatant, just ask Trump how he became president, or how Moscow Mitch obstructed the impeachment trials.
Both my parents immigrated to America a long time ago and let me tell you, what this guy says about immigrants, is right. Both my parents took risks coming here and took risks to have a better standard of living. When you have nothing, you have to risk what you have to get what you want otherwise life doesn't seem worth living. That kind of mind-frame comes instinctive in an immigrant.
I'm basically the only white person on my Electrical Engineering floor at my university, all others are mostly asians from either east asian countries or indian subcontinent. I guess white people in America are just not really nearly as interested in these type of tech careers as asians. It's pretty sad, and it paints a dark picture for the future of the US.
@@bengabrielson9381 If your East and South Asian classmates are American citizens who believe in the value of a free, democratic society, then I think that paints a pretty optimistic portrait of the United States. We are a nation built on ideals, not on an ethnic background.
@@TankDerek He is prob. Talking about how the us is relying on immigration to stay globally competitive which means the nation is vulnerable to decreases in immi.
@@bengabrielson9381 Sorry to say it, but with 35% of the country being Trump supporters, they would not have the intellectual ability to study something like electrical engineering. And sadly most of them are while, so it may not be lack of interest, but lack of intellectual ability.
The everyday man sacrificed himself when he took the easy road. I'll give you the fact that some got luckier then others, But don't cry to us about the work and talent we used to provide our own means. And I'm NOT speaking for the con-man (DT) who was given his means by an industrious father !
You know anyone can and should invest... even if a V shaped recovery isn't likely buying over the last couple of months is an awesome long term investment. I put as much money into the market as I could after the first drop because I knew I was locking in large gains over the next couple of years or several years even if the economy has A W or L shaped recovery. People like me that saw an opportunity to invest but normally wouldn't are the reason the market is up, and possibly even forming a bubble. But I am holding for several years so who cares what happens in between? I am not rich, even arguably poor.
They do own most of the market but I hope you know state and federal workers politicians, police, fire, teachers, unions, all have pensions in the market so the govt has a vested interest in making sure it's always going up.
This crisis gives rise to a feeling of helplessness and doubt it threatens people's confidence in the current model So beyond the figures This crisis will especially impact the vision that citizens have on their lives and their motivations. We can't forget that this crisis comes barely 10 years after the last major one. That many people are strongly impacted while the wealthiest remain protected. People understand that the crisis is not impacting everyone, that some are protected. The game is not so fair, by the way people lose faith. To me that's the real issue
Javier pereira rodriguez There will be a second wave.... and if enough people do not build herd immunity in the second wave there will be a third and a fourth and a fifth wave. Lockdowns are not the answer.
Have you asked who CONTROLS the economy? What 7 Multinational Corporations Control TRILLIONS OF monetary control? Who really control the STOCK MARKET's? How does the Deregulation of oversite effect the ZOMBIE MARKET? What has PRINTING CASH out of thin air and who pays for borrowing cost's? The" jist" is that ALL DEREGULATION OF MARKETS HAS CREATED " STUPIDITY".
Once upon a time, the US was respected across the globe because it gave hopes to peoples and countries across the globe. Now it gives disruptions, despair, and destruction........
Labor mobility was a feature of the US economy, 30 years ago, and Zandi is also a feature of that economy that worked only for the top 10% and mostly only for the top 0.1%. Zandi is not horrible as neo-liberal economists go, but the Clinton version of Reaganomics never worked for the majority of Americans, and the tepid "additional" stimulus that he is suggesting is so grossly inadequate as to be laughable. The government proved that it is good at one thing, sending out checks. Stop bailing out Moody's, the stock market, the bond market and the corporate/billionaire class and send checks to people. Now is the time for UBI for the duration of the crisis, and then look at keeping it when it proves to really work for everyone, including the wealthy. I'm not holding my breath, not unless a cop puts his knee on my neck.
Guess where all the stimulus money went? Into the banks, which will now use it to make high interest loans for small business and people trying to keep their home and car and to refinance loans.
The only lesson we didn’t learn, was that bailing out the criminals that caused the crash is like throwing money down the drain, only for a few years of prosperity for some. And 10years later, as if all forgotten, we do it again, but this time those FKN comies socialize the debt of not only the banks, but also the biggest companies that watched in 2008 and learned how to do it. And on top of everything, we 10x+ the amount of money we stole from the little man in 2008. How many trillions this time? But that’s ok, the people are fighting corona, not the incompetence in government and business. How FKN convenient!
Why is the stock market doing well? Central governments are flooding the markets with money. Why is Main St doing badly? There is a growing amount of debt out there, spending is down and the flow of money through the economy has stalled. There is an increasing rate of bankruptcies and that along with the massive government debt will need to be paid.
We are opening at just the right speed, determined by the market: safety vs. need. And once immigration and travel is seen as "opened", things are going to go to where they are needed. ... We are pretty well off and the rebound is going to be pretty interesting. We turned off a lot of the economy and then let it reshuffle itself before working to let it start back up again.
He seems to contradict himself. If we print too much money through stimulus, that will lower the value of the dollar, thus making ‘globalization’ less of a factor in our economy.
I have to say it is a great shame that we can't have guys like this as our politicians and leaders. Smart people like this guy who know what is going on, know what we need, and are well spoken and educated. No we get stuck with that buffoon we have in the White House and the buffoons we have in Congress.
If he wants the U.S.--or what's left of it--to re-engage w/ the rest of the world, it will have to begin with having a viable leader, and a very heavy overhaul of our culture.
F shaped recovery for the short term and a U shaped for the long term but over all we should see a X shaped recovery in all sectors otherwise we are forcasting the a = shaped recovery, hope that answers all the speculations.
My first investment with Mrs Linda gave me profit of over $24,000 Us dollars and ever since then he has never failed to deliver and I can even say he's the most sincere broker I have known
Closing businesses was a huge mistake. When we found most hospitals were empty, it was time to get back to work. We should've been back to work after a few weeks of this nonsense.
Markets have recovered. Pretty quick. But yes, the economy was destroyed. The fed has done everything they could..for the markets. But not for the economy.
Who ever thought that we Americans have been living our lives on the Rides at Disney World & Our future Generations will have to Deal with Infrastructure Failures at Disney.
Inez Qtaish say" I was on the 63rd Street bus in Chicago Illinois, a girl who was on the bus , called somebody on the phone and said" a guy had money , when the bus driver got on 63rd racine, gang bangers stop the bus from the outside , the gang bangers got on the bus with guns, I got off the bus and walked to another bus stop away from the crowd.
Perhaps I'm ignorant but it appears that there has already been a rather substantial v shape recovery. If it goes down again, then that's a different story. Looking at SPY shows V.
The problem with entrepreneurship in #CA is that the rich are the ones who get investment. It's not given based on the best idea, but the best connected. Construction does use immigrants in #CA to the point that no white workers are hired and this is why our homeless lines are filled with white men. Any construction or city project in #SantaBarbara CA consist of mostly illegal immigrants, which hurts American workers. I keep a log of workers throughout my town and it is breathtaking = the reverse discrimination that exists here for the middle class.
Moody's Chief Economist wants unlimited government spending until this goes away...does he not understand what happens to countries with national debts that are unsustainable. He said construction will be first to come back because it was not effected that much and their was already a lot of demand then he said we need a huge infrastructure spending. Who will do this work if construction is already very busy? This will cause prices to rise as government compete with private sector for limited construction resources. Not impressed with this talking head.
There doesn't seem to be any changes everyone's still walking around with a passport, driving licence and a bank card that doesn't go hand in hand and still no ID card, 3 cards instead of one, there should be less shops but they should be so much bigger. Still making money instead of ID card that should be distributed buy the bank. If there's streets with ten shops on each side then there should be 3 or 4 but much bigger for social distancing. And all shops should be self service with customer information and service desk. These are not many changes but they would make a big difference and not one made. The entertainment business alway has a focus for a social group. And it's even better with screens in every home. It's so sad that this pandemic hasn't inspired change. This pandemic mock exam for the governments was failed on behalf of the business and the people. Its amazing that the police ask people for ID when it's not distributed. There's always a cost. And the business of freedom of movement is above all and this is a bearing of good decisions making, you wouldn't do it this way if you could do it that way. Work vs job with the consideration of ethics.
W. Market is up now, it is a good time to sell now that the market has responded to govt. Stimulus. It will go down again, and then take time to really recover.
I'd like to see some of the larger banks go belly up and smaller credit union types that really understand and help smaller businesses and individuals become more prevalent. These larger banks are part of the economic downturn. The other part is a fact that most are now starting realize isn't a bad idea. Whether you pay taxes or not every American citizen should get some sort of UBI. I believe if UBI was introduced Americans would have a more calmer and stable different mindset throughout any ordeal unless of course if they are living waaaay beyond there own means
This whole situation simply shows that China plays a brilliant game of chess. We have taken too long to castle. Trump says let's castle, we should have done so a long time ago, meanwhile the liberals say let's just keep moving pawns forward timidly.
omkar chauhan I don’t think it’s going to recover that fast, since that’s literally a year away and too many people are scared to go to certain business, at the moment. While also a lot of business might be closed permanently and that will cause less people who can help get the economy back on its feet. So, I’m in the boat of it being closer to maybe in 2025-26.
