Pal/Aitken: What Happens If The “New Normal” Persists?

Raoul is back with James Aitken and they are back talking about the “liquidation phase.” They speak about what will happen if growth continues to trend down. There are fears of the largest “insolvency event.” They go into discussing the difficulties that bars and restaurants will face when deciding to reopen, and how we are looking for recovery. Aitken believes the global economy has turned off, and 1 billion people are waiting for a bailout at home. They end by discussing the possibility of state and local bailouts within the United States.

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