Saturday, May 02, 2020

2008 Was Just "A Flesh Wound" > El-Erian: We will have the worst recession since the Great DepressionProble

Problems created by de-coupling Main Street from Wall Street : wealth, income and opportunity. Is The Fed picking winners-and-losers? 
Credit channels create a massive entanglement of public and private >
A SPAGHETTI BOWL 
101,971 views
Apr 30, 2020  
El-Arian uses Game Theory to help explain this crisis . . . 

Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...