Comments by "" (@tekannon7803) on "There's "Much More Financial Strain Ahead": Summers" video.

  1. Dear Mr Westin and Mr Summers, I live on the other side of the Earth from you, and today in my city the restaurants have re-opened. People are going to the restaurants. What troubles me is that the medical experts are giving us some harrowing news on what the Coronovirus really is. This virus is something no one wants to get next to. We heard yesterday that it is now in every country in Africa. To me, that means it will never be completely eradicated because of the logistics problem alone. What is heartbreaking to us is that in the most stupendous pandemic the world has ever seen, and an economic downturn that America has never experienced is being supervised by an American President clearly over of his capabilities to comprehend. Trump is a text book case of a sociopath. He is out of touch with reality and so low on the scale of being able to lead it beggar’s belief. Murphy’s law has played a terrible joke on America and the world with Trump being in charge. It must be impossible for you to see a way out of the mess you’re in with him in The White House. You have someone who has a great trouble speaking the truth. You have someone who is president only surrounding himself with yes men and yes women. How can such a flawed individual manage a double-header like this one with any degree of competence? What is totally off-the-charts for us is to understand how in the world nearly 50% of Americans are backing President Trump. I guess it shows the severity of the global situation. America is the litmus test for social awareness and respectability in the West, and through him we see that social media can make us elect fools to lead us. I believe the American system is not made to go the whole 9 yards this pandemic is going to take us. The experts say it will take 36 months before we’re out of it. The mere fact that the House has just voted another 3 Trillion in aid for the average citizen shows how desperate things are. Mr Summers, I think that there has to be a plan ‘B’ for what to do when the Fed comes to the realization it cannot keep the markets going forever. The experts say a second wave is very possible. We have to remember that it was the third wave of the Spanish Flu Epidemic that caused the most casualties in 1919. It's only an opinion. I only wish I had a plan B for the next phase of the pandemic.
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