US remains in ‘very bad place’ due to mismanagement of COVID: Glenn Hutchins

North Island Chairman and Co-founder of Silver Lake Partners Glenn Hutchins and his son James, Co-founder of North Island Ventures, speak with Yahoo Finance editor-in-chief Andy Serwer about the cryptocurrency market as well as how the U.S. economy is doing months into the COVID-19 pandemic.

Video Transcript

GLENN HUTCHINS: We're in a very bad place, uh, with [? respect of how ?] we managed the pandemic, and the economic consequences to that are manifest and they're going to be long-term and they need to be addressed.