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Keith Fitz-Gerald of Money Map Press on the state of the economy and whether quantitative easing will save the economy.
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They had a markets right now bring -- Keith FitzGerald -- money map press.
Keith hit anyone saying that this economy -- anyone that you know -- drunk otherwise saying that the economy is on while.
Other than the people work in the White House now.
Or or the New York Times because you know they did quote Mark Zandi and -- article but other that really.
Reputable economist I haven't heard anyone say anything about or really -- -- see the silver lining in this economy.
Look you know whatever these guys are -- for breakfast I want some because if you look around at the real world you're seeing for sale signs everywhere you're seeing college students begging for jobs you're seeing corporate layoffs continue.
You're seeing a lot of other things that don't match with their models.
And that's why these guys continue to predict ten out the last two recoveries this is more cheerleading this is more the pom pom squad if it is reeks of political instability injured man hearing it it just terrible.
Now because of all because of the real situation the market seems to be somewhat optimistic.
That the -- is gonna come to the rescue in the form of more money printing.
Is that at this juncture the only thing that can maybe say the market at least temporarily in the economy.
Well you know I wouldn't say it's the only thing Charles and here's why is the chips are down -- you know why.
Regardless the political nonsense.
This nation is actually filled with clever resilient people who will find a way through this our small business in our business leaders have proven time and time again.
-- when the going gets tough they will rise to challenge so I'm comfortable with that.
But we have to invest on the assumption that we will get stimulus and that's what's driving things so will we get -- we would get the fear at the whiff of it that's what's going on this morning.
Well I gotta tell you I think that's one of the big things so far to your point this morning both in America China and probably all over the world but that.
You know -- find someone that you know if you decide that maybe the economy is going better let us know right away thanks like -- Thank you Charles.
