right well he's not alone in being 100 percent wrong about declining there is no area roubini paul krugman peter schiff. of the whole list stiglitz another no bo wening in correct call on bitcoin and there's still a huge and long list because for the reasons that we said it was going to take over the global economy those reasons of now been accepted more and more by the global population and jamie dimon is a guy who he is defending the status quo is part of that front line to keep the. real price discovery and real money out of the system he preached to protect or of the out money and all the fake price discovery that goes with it and all of the financing of wars and corruption that goes with it all the nickel and dime ingin and failure to perform even basic banking skills that go with it the ability to pay off the billions and tens of billions of dollars of fines he's been levied because of his law breaking his recidivist law breaking over and over again and now his day is just about over i suspect he'll be retiring in the next 6 to 12 months because out of utter disgust and shame he real

let' discu let's discuss now, "k times" columnist, paul krugman. good to be on. >> the president doesn't understand the economy is not the stock market, paul. what's the real economic picture right now? >> the real economic picture is that we fell into a deep hole. we climbed, fairly fast, about halfway back up. but not much, you know, it's -- it's slowing down. don't know, exactly, how much it's slowed down, but clearly the economy has slowed a lot. it's still enormous unemployment. and, you know, it's -- it's not even a question, really. we talk about stimulus but the main thing is what are people going to live on? people are not getting wages. the extra unemployment benefits that they had for a while have -- have been cut off. states and local governments are running out of money. so we desperately need a relief package. but, you know, trump is on again, off again, wild mood swings. but nothing is actually happening. >> yeah. the president, again, pushing for states to reopen, paul. and then, saying that the cure can't be worse than the problem.

right well he's not alone in being 100 percent wrong about declaring there is no area roubini paul krugman peter schiff and a whole list stiglitz another no bo winning in correct call on bitcoin and there's still a huge and long list because for the reasons that we said it was going to take over the global economy those reasons now been accepted more and more by the global popular.

"new york times" columnist paul krugman here. always a pleasure to have him on.or joining us. i appreciate it. >> happy to be on. >> the president still does not understand the stock market is not the economy, paul. what is the real economic picture right now? >> the real economic picture is that we fell into a deep hole. we climbed fairly fast about half way back up. but not much, you know, it is slowing down. clearly the economy has slowed a lot. it is still enormous unemployment. you know, it is not even a question really, we talk about stimulus. the main thing is what are people going to live on? people are not getting wages. the extra unemployment benefits they had for a while have been cut off. states and local governments are running out of money. we desperately need a relief package but, you know, trump is on again off again wild mood swings but nothing is actually happening. >> yeah. the president again pushing for states to reopen, paul and then saying that the cure can't be worse than the problem. he said that before. but won't letting the virus run ra