Let's talk about senators, the economy, and learning from Elsa....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 20 March 2020
⏱️ 5 minutes
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| 0:00.0 | Well, how do they there internet, people? Let's bow again. So today we are going to talk about what |
| 0:05.0 | senators can learn about the economy from Elsa. And if you are a senator, pay attention. |
| 0:13.0 | Read an article in the Atlantic today. |
| 0:16.0 | And it said, uh, it's not a recession. |
| 0:20.0 | It's an Ice Age. |
| 0:21.0 | Dun, da, da, I think that's a good analogy right now. |
| 0:27.0 | It makes sense. |
| 0:28.0 | Specifically, it's the freeze that occurred in the movie frozen. |
| 0:36.8 | What happens in that movie? |
| 0:38.5 | There somebody has something inside of them. |
| 0:40.6 | They can't control it. |
| 0:41.6 | It poses a risk to other people because it can't be |
| 0:43.7 | controlled. That person goes off to be by themselves. The town breezes. Everything stops except |
| 0:50.8 | for essentials, right? And meanwhile the government is out handing out |
| 0:54.9 | blankets, trying to help people weather the storm. Yeah. Makes sense. I like it. It's a good analogy. It makes sense. |
| 1:05.0 | And people can talk about the stock market. |
| 1:11.0 | It's fallen at a faster rate than it did before the depression. |
| 1:15.0 | True. True. That's true. That is a fact. But that's not the real economy on the ground level is it? And let's be honest I don't think anybody |
| 1:28.3 | would look at what Disney for example is trading at right now and say hey |
| 1:32.2 | that's that's overvalued. |
| 1:35.0 | Oh it's undervalued we all know that we all know that. |
| 1:38.7 | We all know that. |
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