The Interview w/ Mike Green & Sri Thiruvadanthai - Policy Response to COVID-19 and the Fate of the United States.

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 15 August 2020

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Green of Logica Capital sat down with Srinivas Thiruvadanthai, director of research at the Jerome Levy Forecasting Center, in the last interview to be filmed in Real Vision's studios before the world and our daily routines would be drastically changed by unforeseeable total lockdowns. A lot has changed since then, and in this new interview, they reexamine their outlooks with the advantage of fresh data. Together they discuss the side effects of policies like total lockdown, increased unemployment insurance, and PPP while also examining the social and economic undercurrents that, although accelerated by COVID-19, were established long before it arrived on our shores. Using historical parallels to the Roman Empire, Sri and Mike also think about their long-term outlooks for the U.S. and its currency, taking a view that the U.S. is not in its dying days. Sponsor Link - Keep Coming Back : http://keepcomingbackpodcast.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:28.1	Te's and sees apply. Mike Green, I'm here for Real Vision sitting remotely in Marin County and getting to talk on the other side of the country with my good friends. Sri Tieravattentai, nice to see you Sri. Nice to see you, Sri. Nice to see you, Mike.
0:53.0	So now we sat down in New York City at possibly the last possible moment right
1:00.0	before the world shut down for a coronavirus.
1:02.0	And when we... before the world shut down for coronavirus.
1:03.0	And when we spoke, and that was actually interesting because one of the things
1:07.5	the shutdown meant that the editing took a couple of weeks before it was able to make it out to the viewers.
1:15.0	You know, we were watching what was going on.
1:17.8	We were seeing markets collapsing.
1:19.6	We were seeing the world start to shut down in response to the coronavirus and we're seeing extraordinary
1:25.2	claims around the rates of infection, etc.
1:29.1	The world's changed very radically since. If you and I were to sit down, if we had sat down knowing what we know now
1:38.3	six months ago, five months ago, what do you think we would have said differently? Okay, let me try to answer this in two ways. One thing is the
1:47.6	consensus and the speed of the policy reaction. I mean to some extent I always think that you know in a crisis people always get their heads together.
1:55.4	That said still they got it not only riot together but the scale of the intervention
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