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Real Vision: Finance & Investing

The Interview - How Coronavirus Exposed the "Shaky Foundation"

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 28 June 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

What happens when an upheaval so massive forces financial markets, governments, and society to rethink how our systems work? Michael Krieger, author of the Liberty Blitzkrieg, joins Real Vision to explain what coronavirus and the response to the outbreak has revealed about the condition of American systems – from financial markets to the health care system. Tracing the story of financial markets and societal trends over the past two decades, Krieger outlines how our systems have been pushed to the brink – focusing on emergency policy responses and the everything bubble. He also provides viewers with potential solutions to the systemic decay that has been brought to the forefront by the coronavirus outbreak. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:28.1

Te's and sees apply. What will be the ultimate impact of the coronavirus on financial markets and society as a whole?

0:40.5

Michael Krieger, the author of the Liberty Blitzkrie, argues that the coronavirus is already

0:45.7

exposing the weaknesses in our systems that America has built, from the financial industry

0:51.6

to the health care system to the government in general.

0:55.0

He tells me how we've gotten to this breaking point, why institutional response to the

0:59.3

COVID-19 outbreak has been so inadequate and what it could mean for the Everything Book.

1:04.0

He traces the story from before 2008 to 2020 and beyond to provide a clear view of

1:10.0

what this virus has revealed about our systems, culture, and financial markets.

1:15.0

Krigger pulls no punches and I'm sure that you will find this conversation as informative as I did.

1:21.0

Enjoy. We have Michael Krieger of the Liberty Blitz Krieg with us today.

1:32.0

Welcome, Michael. Thank you. Thank you for joining us.

1:34.6

Hey Drew, it's very exciting to be on with you. I'm very much looking forward to our

1:38.7

conversation. So my first question that I like to ask all of our guests that's a little funny, but who

1:45.8

are you and what is the Liberty Blitz Creek?

...

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