good to talk to you, jack leslie from resolution foundation.ns, or found ourselves revisiting old ones, and for eight—year—old amari from south lanarkshire that meant celebrating her love of poetry. amy irons has been back to catch up with her, as she looks ahead to what 2021 might bring. i'll tell yous aw something to yous fae wee me. i've been telt to stay in and i'm no longerfree. but when the lockdown is lifted and staying in isnae a must i'll tell you something, petal you'll no' see me for dust. so that was amari six months ago, really summing up a lot of our feelings in 2020. now i've come back to see how she's getting on. hi, amy! how are you doing? i'm good, how are you? i'm good. i'd ask you to come in but because of the coronvarius, nobody‘s allowed in each other‘s houses. i know! i'll get my mum to open the window. just wait a wee minute. 0k! so i've not seen you in over six months. tell me, what's it been like? i'd say it's been the absolutely worst! and why‘s it been the worst? because we can't step out the house. i've missed famil

jack: preservation of capital. on that score you recently told leslie norton at barron's, my colleague, you're forecasting a depressionn you explain why that is? >> depressions, they're larger in scale than recessions. the largest recession in history was the great recession in 2008. this disruption is greater. it's global. this disruption is global but most importantly life does not return to the status quo ante after you go through and when you think about the immense disruption of jobs, the extraordinary focus on new technologies and innovation, as a consequence closings down of the brick-and-mortar, change on climate as opposed to fossil fuels, all those things are kind of step change that makes life after coronavirus very different than life before. jack: so just to be clear here, was that the depression or you see something worse in our near future? >> no. that is the depression we're talking about. the fact people don't like using the term because it scares them. they shouldn't. of course there is so much more wealth today in the world and in the united states than there was when the great depression hit a cent