Great interview here with Julia Coronado of BNP. She elaborates on commercial real estate and the long-term problems it will cause. She also sees 11% unemployment before all is said and done. And perhaps most worrisome, she sees 275K in payroll losses tomorrow.
![Cullen Roche](https://pragcap.com/wp-content/uploads/2022/01/Headshot2022-1-144x144.png)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.