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We have 26 million people who have filed for unemployment insurance in the last five weeks. We're expecting a decline of GDP in the second quarter [of 2020] of 20-30%, which would make it the worst quarter in history by an order of magnitude.
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Howard Marks

Government Spending Will Continue Until the Economy Recovers from COVID-19

#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions

The Tim Ferriss Show

Topic: moment

Government Spending Will Continue Until the Economy Recovers from COVID-19

Government Spending Will Continue Until the Economy Recovers from COVID-19

#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
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Government Spending Will Continue Until the Economy Recovers from COVID-19
#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
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#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
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