April 30, 2020
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9:58Now PlayingMark Cuban thinks we need to raise the minimum wage because poor people rising up scares him. Ana Kasparian and John Iadarola discuss on The Young Turks. Keep Hope (and TYT) Alive
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"Scott Minerd, Guggenheim Investments’ global chief investment officer, is warning investors to not expect a “V-shaped” recovery, or a quick rebound in economic activity to pre-pandemic levels.
The executive, who co-manages Guggenheim’s fixed-income funds, predicts it will take four years for output to return to levels from before the crisis. The U.S. government’s coronavirus-relief programs “are insufficient, misdirected, and full of unintended consequences,” he says."
Hosts: Ana Kasparian, John Iadarola
Cast: Ana Kasparian, John Iadarola
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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