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You are restricting trade with another country, so you will be affected yourself. yes, of course you will. but there's also a whole other generation of sanctions where you can focus your sanctions on individuals, and that has a much greater effect on those individuals and everyone else. when it comes to the putin regime, so many of these oligarchs are close friends of putin's, and they have his gold in his pockets. he doesn't keep his money abroad in his own name, he keeps it in the name of others — so clamping down on them is also a pretty good way of clamping down on putin. ., ., , , . ., ...

But if you got richer by sitting on a big pile of stock certificates, you don't actually have to true up every year. you can just wait until you decide either to sell it or until you die. the problem with that is over the past three decades is that billionaires have actually taken that difference and totally distorted what they can do with it. so now you have somebody like jeff bezos, one of the richest people in the world. he buys yachts, he buys yachts for himself. he shoots himself into space and he does everything and yet he says my income is only this tiny little bit because he's figured ...

Declining on a day over day basis. even if cases are starting to decline, the epidemic is contracting you're still accruing new cases on a daily basis. and the health care system is maxed out in some of those states. they'll continue to accrue new hospitalizations. the other challenge is patients infected with covid and requiring hospitalization, those are longer admissions. the average length of stay is five days for patients with covid. the hospital is going to have a hard time discharging patients to free up new space even while accruing new cases. even if it peaks and looks like the situat...

Situation in terms of international travel and trade, and you'll see a world that is much poorer. the $9 trillion could be added to the economy, half of that accruing to the wealthiest countries in the next two years, if we can accelerate and get vaccines out, so it's not about getting the pandemic under control and saving lives which is amount but also getting the global economy up and running, protecting people living in wealthy countries who right now are vulnerable dangerous variance emerging when the vaccine continues to spread unchecked. thank ou so continues to spread unchecked. thank y...

Enforcers on the beat and want a stronger irs to go after these billionaires to go after them. >> i think you made an important point that's worth everyone fixating on, which is when it's happening like this, it is about government. it is not about the markets. the markets don't historically lead to this level of inequity if they are regulated. it is not, oh, yeah that's what the market said. tens of millions of dollars do well for themselves. this is beyond. this is billions of dollars. how did that happen? that was a government failure. >> yeah. >> that allowed you to corner markets and swap...