Sheet of toilet paper will cost more than 1. 00 and that point is rapidly approaching they can air drop all the money they want and all theyre going to do is cause more dislocation especially with the cantillon effect so youll have toilet paper barons like Warren Buffett will be sitting on a warehouse with 50000. 00 rolls of toilet paper and hell be out there laughing like i tried a wife now america and america be like hes a genius for hoarding all the toilet paper he took billionaire toilet paper and then the big billionaire is going to be like were not going to lend you money to bail out your banks member i predicted this a few years ago when they ultimately need the bailout money theyre going to come to the bitcoin billionaires and the big point billionaire just say no as libertarians quote unquote we believe you need to learn how to manage yourself better so were not going to bail out j. P. Morgan or wells fargo or h. S. B. C. Or barclays youre going. I have to learn how to be adul
Max kaiser this is a report the question is what do you do with the Global Economy that relies on justin time to livery of parts and Services Mostly from china is interrupted by a Global Pandemic and cant be overcome with more money printing thats the big question jail free card like jamie diamond are you going to be able to run away to a secret island like all the elites like all the c. E. O. s that just retired recently with big bags of cash and theyre disappearing. Stacey max were still in los angeles were riding out the pandemic this week here then were heading home but of course you cant have 10 demick without arts and thats why behind me you see wells fargo on fire of course that means were going to be speaking in the 2nd half to Alex Schaefer of burning bank fame so thats one of his works that hes working on right now but in terms of this pandemic and the day globalization that we see about it of course this is something that report has been warning essential a about this crisis
Wells fargo on fire of course that means were going to be speaking in the 2nd half to Alex Schaefer of burning bank fame so thats one of his works that hes working on right now but in terms of this pandemic and the day globalization that we see about it of course this is something that report has been warning essential a about this crisis for the past 10 years weve said all of this just in time globalization would basically cause us to be very fragile when one thing goes wrong it all falls apart and weve seen that weve seen that with now the medical supplies all those masks are made in china antibiotics are made in china vitamin c. Is made in china all sorts of pharmaceuticals are made in china and they have the monopoly on it so fears of a supply shock are rattling stocks and Global Markets as well outbreak continues investors are more used to dealing with the occasional threat of negative demand shocks an unexpected hit to demand for goods and services but the potential for a negativ
Morgan and jamie diamond thats no good prices they wont be able to make money and theyre the ones behind the electronic food stamps right those are all jamie diamond so now thats going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents 10000. 00 hong kong dollars i know in china they were giving the equivalent of 1500. 00 as well to any citizen or resident of han who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u. S. Of course were already seeing that as guaranteed almost that theres going to be a rate cut in march and theres going to be you know this month and then theres going to be a rate cut to. By the end of the year so were going to going to 0 the treasury yields are obviously
Way of dealing with supply shortages and in the case of medicine and food probably rationing tickets to buy j. P. Morgan and jamie diamond thats no good prices they wont be able to make money and theyre the ones behind the electronic food stamps right those all jamie diamond so now thats going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents 10000. 00 hong kong dollars i know in china they were giving the equivalent of 15 100. 00 as well to any citizen or resident of han who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u. S. Of course were already seeing that as. Guaranteed almost that theres going to be a rate cut in march and theres going to be you know this month and then theres