Budget off slightly. You better catch up real quick or youre going to have a judgment of possession against you and get addicted to anyone thats homeless is history like garbage people look at you like a monster or someone bad or you chose to be there most of the time its not the case see how it is to be poll in the worlds richest country. Max factor this is the kaiser report excellent news for stock market bulls looks like the mayans were a little off in their predictions the world is ending ending soon and nothing could be more bullish for stocks stays of course if you look at the stock market over the past month weve had some extraordinary days especially for companies that declare bankruptcy right this is the new adding dot com or a blocked chain to the end of your company name and it sends your stock price soaring in particular weve seen like a lot of companies go up over 100 percent in a day once they declare bankruptcy so conspiracy theories claim mayan calendar was wrong and world will end on june 21st that means that the central bank will inject at least another 100. 00 trillion dollars of money if not 3. 00 or 4 trillion dollars afia money what could be more bullish for stocks and bonds wow this is going to be an epic rally could hardly wait. Well thats just kind of a joke but this next headline is not a joke of course and this is that we saw on friday of last week that a bankruptcy judge mary walrath just approved hertz request to issue new shares now remember hertz is bankrupt as we told you they declared chapter 11 bankruptcy which means that shareholders will get nothing but share prices rocketed by up to 50600 percent they keep on going up and down then the judge approved the plan when the creditors came and said basically they wrote in an application to the court basically saying theres some maniacs who are buying this bankrupt company and we the creditors have the full rights in courts in Bankruptcy Court so if these people are willing to give us their money for for. Re then we should get that and she approved it so i wrote about this again to remind you because this is something a quote from boston yet that we often say here on the kaiser report and that is one plunder becomes a way of life for a group of men in a society over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it right this is something new and initial bankruptcy offering be no better been done before and the equity of hertz is worth negative 2000000000. 00 and the valuation in the stock market is a positive of 400000000. 00 and you know its so interesting because usually in other areas of the economy there are Consumer Protection laws in place its illegal to sell tainted meat its illegal to sell especially dos its illegal to sell toys with little parts that can get stuck in babies throats and kill them but on the last tree where there should be some Consumer Protection us against selling stock and a bankrupt company that doesnt exist in this kind of mentality of if we are the money printers and this case the stock printers to counterfeit this is counterfeit stock theyre going to issue 1000000000. 00 worth of counterfeit stock its all worthless and theyre doing so the same reason anyone with issue counterfeit money or counterfeit sell orders or any type of counterfeiting to commit a fraud against people for ill gotten gains but in america thats called the American Dream and exactly and i mean a sale at the time that were recording this on monday morning were not quite certain yet if the f. C. C. Or the exchange itself well allow this because it it should be fraudulent but nevertheless you see online people glorifying it as like well you know this is capitalism this is free market capitalism if people want to throw away their money thats fine so they are glorifying it and again you know we were joking at the top of the show that were about to get hit by the end of the world on june. Any 1st and that might be seen as a good news well the Us National Debt and past week passed 26. 00 trillion dollars thats up to chilean dollars in 2 months were about to hit another trillion this month so if of course the mayan calendar isnt right and we dont even make it to the end of the month but so lets look at how this has unfolded over the course of you know the stock market because we have seen stock market hits all time highs and you know of course its fallen back and stuff and crashed a few times but heres the s. And p. 500. 00 versus corporate profits after tax going back to these are the good old days max and i were kids like profits mattered to a companys stock price and thats what investors look for and then from the dotcom boom when it was a new paradigm and earnings that didnt matter anymore you know we took off where the stock price was divorced from the earnings obviously because a lot of Dot Com Companies at the time didnt make any money and then it went back to normal where prices matter earnings mattered and now were in a new reality people have just like decided since trump got elected essential 8 that if you look at the divorce between stock prices and earnings and profits of a company like nothing has mattered since trump got elected well whats remarkable is that a lot of traders that stocks are coming over from gaming coming over from fortnight which is a multiplayer game online game they have their own internal currency they have their own internal economics they have their own Digital Assets and some of them are scarce and some of them are traded back and forth and so a lot of people a fortnight is a peril these chain migration of users and players from port night over to the stock market so you have 10 year olds 11 year olds 12 year olds day trading on stocks and they see her and they see its on a dollar they say its a 0. 40 and they say oh thats cheap and its cheaper than the game piece i have on for tonight that i paid maybe 50. 00 for that and i went to war with the wizards on 45 and i won myself a bag of. Energy why not take some of that in by her stock of 0. 50 because it might come out of bankruptcy if the grand wizard dr shango magician carl icahn maybe hell appear out of the smoke and turn my back up see into something positive what do you say about man for 87 mine to user 9 dash stroke 5 i dont know colombo 872 lets do it lets buy stock in this bankrupt company and unfortunately the perpetrators of those fraud in the counterfeiters of the stock are raking in billions were taking in billions raking in trillions of u. S. Dollars of course because there are also other ways to look at the world in the real world measured by honest money like gold for example so stocks arent pumping the dollar is dumping if you look at the s. And p. 500. 00 in gold grams its actually not been doing so well in the past well since 2000 since the dot com burst when it did take a lot of gold because that was at the bottom of a gold bear market for 20 years since the 1980 and here we have. Its going down in gold gram prices it if you measure all this trillions of dollars being printed member a trillion dollars a month were running out right now and it allegedly 20 trillion dollar economy which the fed says the atlanta fed says is down by 51 percent in the 2nd quarter so well we dont know how to measure any of these numbers in a Virtual World even though its all algorithmically traded you would think that they would have an exact number to the decimal point right exactly thats the promise is that we dont need gold because you can run everything with their computers and spreadsheets and mathematical formulas and Algorithmic Trading and now after about 2025 year experimentation where gold was abandoned and fed money was used as the. Count all over the world and different styles and flavors of money its become clear that the computers of out of control the central bank has gone rogue and wall street is happy to counterfeit billions of shares of worthless paper and that is always sent the beginning of civilization a recipe for the adoption of gold and thats why gold is now moving moving higher against everything including stocks and its also why smart people are accumulating gold smart countries are accumulating gold and that we may never see inflation we may go from the phantom deflation right to hyperinflation so its massive deflation theres all the flash and thats phantom deflation and then dollar collapse. Yeah it could be a hyper inflationary event which is the political thing and its a switch its a sudden switch in the mindset and the faith in the currency or the faith in the institutions or faith in the government and you saw that i think weve pointed this out before you could see that in venezuela you could see under chavez as most developing economies they were and oil based economies they had a high inflation rate but as soon as he died you could see the hyperinflation happen in their currency people i think you know should know that the stock market in venezuela i was about to get to lets go back i like it in fact did hyper inflation and what you can see in hyperinflation is stock market boom so when you celebrate these hyperbolic stock market moves in the u. S. Despite a 50 percent decline in the economy i want to point out to venezuela their stock market is doing better than the United States stock market and zimbabwe also doing better than the u. S. Stock market so this is a hyperinflationary bet and thats what youre seeing growth that is just truly amazing so what the takeaway then from this hurt steele where its a 2000000000. 00 negative net Worth Company worth 400000000. 00 and theyre issuing an initial bankruptcy offering fresh deal of stock the take away the news the information the fact is that has nothing to do with hurts the current accompany it what it says is that the dollar is collapsing the dollar has entered a hyper inflationary collapse and this causes people to run into things like fictitious stock markets as weve seen in zimbabwe as we see it in venezuela this is whats happening in the United States right now as of today the millions. They mailed it. Well. There are many possible answers or explanations of prop polypes simply a variety of them it could be hyperinflation it could be people just thinking theyre acting like the fad of jay powell runs the central bank the Central Banks from the banks and this is how bankers operate they transfer onto their own Balance Sheet bankrupt companies and maybe thats what i should do thats could be trickle down economics happening there are the ivory tower economics it could be people instinctively running for some sort of half hard assets weve seen that in places like say somalia is that you know when their currency collapse or their government disappear or their whole government disappeared they were using old somali dollars or notes whatever their currency is called from a print what when they last had a central bank they were only accepting those from like 20 years ago as legitimate currency so you know it were in of a paradigm shift somethings happening we can see that all around us with protests and irrational prices negative Interest Rates negative oil prices somethings going on and again like we were making fun of the mayans they could be right right well some websites that cover stocks and bonds they bankruptcy is relatively new and they dont even have that updated information yet if youre a 10 year old kid on fortnight and you switch over from gaming to buying her stock on your Favorite Discount you know a stock market app you may have not been able aware of the fact that this is bankrupt just because you sell rapports or next to the you know a kid cereals in the supermarket doesnt mean that rat poison is a good as good as a kid cereal you know captain crunch or cheerios theyre not the same one is something eat for breakfast one is side i did kill rats with it but here you put hurts next to i. B. M. Or microsoft are saying these 2 are the same thing well in fact as warren buffet by say one is in fact rat poison hurts is a negative counterfeit scam that is so. Now being allowed to be perpetrated by the authorities in the u. S. I guess because theyre for you know whats the word of corrupt that said like i said the book but you know what max is talking about is if you go i dont know why i said that like a new yorker talking about white talk of like that i dont know maybe its any of all means maybe its mayans the mayan gods are going to come and we all start speaking like new york but what i was going to say is that if you go to Yahoo Finance or if you go to Google Finance if you go to market watch when you look for data about a stock like hertz or swallow or any of these apps robinhood what youll find is that you know it gives you all what the analysis is it how many analysts are saying this is a buy how many of sell so it hasnt caught up to the fact that its declared bankruptcy theres no big red warning sign saying warning this company has declared bankruptcy as still has those old buy and sell so it with hertz the majority of analysts in the last quarter were saying its a buy before pandemic hit so everythings become ratpoison Rachel MaddowWarren Buffett her stock thats the american diet ratpoison all right were going to take a break and when we come back much more coming your way. You kinda you go yeah you like. Welcome back to the cas report imax keyser time now to turn to james turk of gold money dot com full disclosure i am an investor in the Company James turk welcome back thanks mexican city of 0 wow indeed well we got to get your thoughts on something where bloomberg recently interviewed the yale economist Stephen Roach who said quote the era of the u. S. Dollars exorbitant privilege as the worlds primary reserve currency is coming to an end what do you think i think is also long overdue you know the system has become so abused that were in this is just a question of when it all falls apart and thats what were all watching and waiting to see how it unfolds in the weeks the months ahead were right and to follow up on that your own power the Federal Reserve chairman promised 0 percent Interest Rates at least through the air 2020 and more money printing we also see trust in institutions failing as the riots are suggesting. Are the ingredients of a hyper inflationary collapse is coming into view james yeah definitely max you know me cities said it they called it a cracka and where did you head the impressions of the economy doing well because of the stock rising and things of that nature actually economy its destroyed along with the currency and you know the stock market is going up for one simple reason the Federal Reserve is printing so much money that it has to go somewhere and one of the safest places to do it is to put it into tensional assets or near tangible assets which of course are stocks that himself. So what we are seeing in my view is the early stages of what you know this will be by music. And this is going to play out over the next. 3 to 6 months which is interesting point because once the inflation. Process starts people lose confidence in the current currency very quickly and it tends to us about 6 months where the currency collapses right i think people would be surprised to know that the stock market and ben as well and is going higher right and that currency is collapsing and for the exact same reasons they are talking about so here you have the the nasdaq hitting 10000. 00 and the stock market almost back up to all time highs but its more a function of a hyperinflationary collapse and loss of confidence in the dollar than anything having to do with any of the companies that make up these indexes the earnings reported by these Companies Adjusted for stock buybacks is actually down so this is really a strange time it is a pyrrhic to be a crack up oh you have Companies Like hertz that declare bankruptcy and then the robin hood app traders zoom in there jump in there and bid the price up is the this current generation of day traders that are using their relief money and the subsidy money they got from the government to trade on discount brokerage is on penny stocks is that kind of like a signal that were hitting a market top james. Well i think its a sicko how crazy good money situation is and theres ships you know tons and tons of money looking for a safe home. Yes why youre seeing all of these crazy things happening there were sort of described. As like a spinning top before also over you have these huge levels one way or the other and so youre seeing this flow of money going back and forth crazy things happening but it all comes back to the monetary situation which is really you know the problem. Thirtys are not actually folks they think they can themselves out of this problem because they many times in the past is that kind of thinking that leads to hyper inflation right now whats interesting is that chairman of the fed jay powell and before him Janet Yellen Ben Bernanke you know in a talk about their policies they make it sound like they are doing something good for the economy and doing something good for the average working person and they deny that they are causing any quality in the system jay powell once again when asked are your policies of kalak up their money causing inequality and he said oh now no not at all what do you think. Well it is very simple message to tell you what they want you to he they dont necessarily tell you the truth you have to look for yourself as to what the truth this is and the truth is that could ose back and. Within 6 weeks ago you could get this stuff away oh this is going to have hyper. Impact and its already starting right now james i have to pick your brain on this because you are of course an entrepreneur and a historian and or a great writer of so many great essay 70 years if the u. S. Loses its exorbitant privilege what does the post post Bretton Woods such a. Look like wholl be seated at the table what does the next International Unit of account look like what were what what does that look like james kind of like what they have to sit down and figure out ultimately how to solve this mass what will that look like well you know max i think what we can basically say its im pretty open we did you know one thing you know we have to do so back in monetary history and we see the goal or scums as the central focus this for thousands of years and to do this time you know the question is are governments going to go back to google willy or are you going to be forced to the market itself and the question we just have yes or depends on how shes in Central Banks just how they how they ask you should what steps they take in a future you know as these continuing monetary problems continue to build and become worse. Right well thats interesting because youre suggesting that the policymakers are reactive and that theyre not proactive and that they dont actually have policies they simply stand back and see what happens and then react with sudden searches of what appears to be repeating and doubling down on the same failed policies down Alan Greenspan of course reinterpreted they role of the Federal Reserve bank and said that its actually not in their remit to try to guide the market many way their remit is to only react after crashes later on after he retired and he passed the baton of this faulty thinking to his successor ben bernanke he recanted and said you know i looking back on my career i was absolutely wrong so if greenspan admits he was wrong why cant a pow and these other if central bankers admit that thats actually the wrong way to go about doing what youre supposed to be doing james. Yeah you know its a good point but you have the captain of the ship and they dont want to ship to go down during the bush so they could do it other captains of the ship did before them. And probably this is who is going to be the last time the ship when it does go down i think thats a pretty good. Keep in mind mixers one thing is very important that you know what we call the u. S. Dollar is really the Federal Reserve dollar you know if you look at the Paper Currency system reserve note im a bit you know the u. S. Dollar and law is a lot of point 3 something fine grains that go. So what might happen is the Federal Reserve is just enough of the currency in all of death into nominated in the most you could be years government sound becomes especially worthless now to build a new Monetary System based on past additional money which is of course you know goal so there are so many different possibilities acacias could unfold in the future reset the watch and see and you know plan accordingly but one thing is pretty certain in my mind that all is going to have a key role to play as this unfolds right now jay was the last time i talked with actual a oil it predates when the world started to implement negative Interest Rates we have not had a chance to speak to you about negative Interest Rates at all and this is a new thing in the history of economics and government bonds suddenly were issued at negative rates its aimed a repudiation of all laws of economics but there you have it still being done what how do you weigh it on negative Interest Rates jams. Its just so absurd you know where you begin to discuss the absurdity is just another indication of how out of whack this Monetary System is and the only reason why negative Interest Rates exist is that you know this tension banks are cheap district slow in the hope that theyre going to be jump starting the economy. As 2008 with the us collapse is just a question of you know again how long we can do it and get over the normal things that are occurring today. This week again Interest Rates and want your bonds are going up the u. S. Governments Monthly Borrowing is increasing dramatically while its monthly revenue is falling were seeing its own financial situation i think were very very close and by the end of this year were going to be surprised. You know how the system is going to be and rout winks. Right you know i read the mainstream Financial Press and their own basically a keynesian and they all believe in aggregate demand as the ultimate arbiter of whether or not the economy is doing while they dont seem to care whether that accurate the man is driven by debt and increased indebtedness and so the question is now if in fact were going into a situation where the u. S. Has 25 trillion in debt theyve got budget deficits and the trillions theyve got combined debt of all unfunded liabilities close to 90 trillion dollars how do how does this work out in terms of gold going far worse up bank of america forecast 3000. 00 gold by 2021 some of suggested a new print once agreement would require all the worlds 4 x. Markets to combine and somehow be backed by gold which would imply a gold price of 10000. 00 or higher where you weigh in on that. Yeah you know its a really good question and i dont see any d. In dollar terms i see inflation in dollar terms but i see deflation in terms what that means is that the price of gold in dollars is going to go up but goods and services that use growth for it to purchase are going to become very very cheap in gold terms. So in terms of upside numbers the skys the limit i dont look at the price of gold in terms of venezuela both of ours are. During a one hour journey you know right xmarks or what happened in zimbabwe or any one of dozens and dozens of other countries where the currents eventually collapse the gold price goes up because its been money for 5000 years its going to be money with a suitable future right james turk of gold money that com thanks for being on a cause or a part thank you very much max and thats going to do it for this edition of the kaiser report with me max kaiser and Stacey Abbott want to thank our guest james turk over there called money dot com if you want to catch us on twitter its kaiser report until next time by a. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race that is on offense very Dramatic Development only a silly im going to resist i dont see how that strategy will be successful that a cake at the time time to sit down and talk. We go to work so when you straight home. At. 6. In seoul you cant get away from advertisement sponging you to change your appearance. Many local people see Plastic Surgery as a prerequisite for a successful career employers are often most interested in a job seekers appearance as a graduation present parents often give builders Plastic Surgery for an extra fold in the eyelids to make their eyes look figo. Almost every korean teenager dreams of looking just makes it a needles. Well coming up to us from around the world live from Central London this is r. T. U. K. The u. K. Government huge turns to provide disadvantaged pupils with free meals during the Summer Holidays after a campaign led by footballer Marcus Rushford. While the u. K. Government says a review into the 2 meet a social distancing rule will be completed in weeks the World Health Organization funded Study Suggests its only slightly more effective the one meter but other scientists suggest floors in the research. Research also reveals mother to face coverings in Public Places as well as test and trace could prevent more than 50000 coronavirus deaths in the u. K. We get reaction from the scientists behind the study. And understand shoes and blue plaques will be reviewed after weeks of black lives not a protest on the topic of some slave trade or memorials we hear from a wealthy bishop calling to remove the statue of another colonialist. The u. K. Government has confirmed it will give Free School Meals vouchers to people throughout the Summer Holidays it follows a campaign by majesty united football of Marcus Rushford to extend the scheme which was initially dismissed by the Prime Minister for more on this im not sure but ill tell you case. One of their research so tell us whats been happening. Well all of this began where the Manchester United in england football are largest rash began a campaign raised 20000000 pounds to help support families who are struggling in this difficult time to feed their children and he was putting pressure on the government to reverse their decision to end support for lunches for food for children who are from volatile families of course a lot of these children would be normally in school up until the Summer Holidays and would be receiving school meals but as a result of course of code at 19 and the fact that all the children are still at home well the mr ashford intervened to try to get the government to make a u. Turn now initially there was resistance from the government they doubled down on their decision to end this Voucher Scheme the 4th century deciding to fund it to the tune of 120000000 pounds something which mr something which the Prime Minister baraks johnsons thanks marcus rushed for and i. Talked to marcus rush but today into a graduated dont mean him on his campaign which to to be honest i only became aware of very very thought today and i i thank him for what hes done i think i think hes right to draw attention to this issue but basically you know weve got large numbers of kids who havent been able to get back into school weve got a problem about getting kids back into school in the way that we would want for the the reasons that people understand there are actually there are a lot of kids who could go back to school now who arent going back to school and id like to see that id like to see that happen but i do think its right that we should be looking after the families of the of the vulnerable most problem of the neediest right now and thats why weve got the the coby from a food. Which weve announced today. No rush should step to twitter to welcome the decision that you turned into thank all the people who had helped and contact their local m. P. s and to put pressure on the government in order to do so some of those who supported rush road were tory m. P. s themselves at house on easy at the idea that they were allowing children to go hungry now the leader of the opposition kiss he also of course thanks mr rushford for his efforts but did say that this was merely a destruction attempt by the government to cover up for other failures the economy contracted by 20 percent in april. And we could be on the verge of a return to musson employment something weve not seen for a generation. Weve also one of the highest death tolls from private 19 in the world at least 41700. 00 deaths are likely to be far greater than that. And in the last hour the government has you turned on Free School Meals cannot put on record my thanks to Marcus Rushford for the part that he has played on this issue with the victory for the bomb point 3000000 children affected. Mr speaker this statement is intended to deflect attention from all of that and can i assure the Prime Minister it will not work when i say that this isnt the 1st recent change in government policy in the face of pressure is it. No absolutely weve seen the government already you turning on the question of when children can go back to school thats not been pushed back to september that was in the wake of opposition from parents and also teachers and unions well weve seen other u. Turns as well one being the n. H. S. Surcharge that non e. U. And h s who were going to have to pay in order to access and its a services the government you tandon dropped that charge also with regards to face masks initially the government hesitant to mandate them now and least on public transport anyway anyone who wants to use that service will have to wear a face mask also with regards to testing the government try to blur the line at between tests that have actually been conducted and what it called Testing Capacity again before conducting a u. Turn also but how the numbers of deaths as a result of people testing positive for co probably 19 were recorded initially the government only included in their figures those who had died in hospital after some pressure they then began to add the numbers of people who were killed the numbers of it died either at home or in care homes and thats also off to the other an s. Included them in their figures suggest signify a much larger death toll that initially said they had a set thank you very much indeed all Government Advisors should aim his saying tell me that he welcomed the policy shift from number 10. I think its just very simple that you know the government has avoided many responsibilities for these called the situation in many Vulnerable Children and families have been impacted by this and this is something that will make a massive difference to millions of children across the country well this game will help over a 1000000 children but many more are living in poverty and that they wont be helped will they. Know and ive seen 1st hand cage or incorporated you know both food and digital poverty in ajdabiya and brought it in some wards in our area up to 50 percent of children live in poverty weve seen how dependent those families are on the schools and the school meals and the schools have done a fantastic job of trying to support these families who called it in a many will very fearful about the impact that the somalis will have unlikely as we know that you know the ramifications of. Neglect abuse can need to children going into care and this is a real fear for us in the sector that theres a very real chance that come the september return to school you know we could see a sizable number of children suddenly entering care simply because of these factors to do with neglect and it is. A short term fix that the government is applied here but hopefully it will have a long term impact on supporting families that have numbers that should i mean could this this new change this here turn actually keep children out of the care system. Oh absolutely i mean you know what weve got to bear in mind is something that around 60 to 70 percent of children who go into care is due to abuse or neglect and often me we think about the worst when you think about this neglect but often the underlying reasons could be that a parent is going through some emotional stress me a loss that job the mere loss work we know that an additional 600000 people of joining the jobless laced this is simply going to have an impact all the ability of families to support their children. I mean while the u. K. Government has also confirms that a review of the coronavirus to meet a social distancing role is to be completed in the coming weeks since the beginning of the outbreak the government has advised the public to keep a 2 metre social Destiny Campaign to prevent the spread of the virus but critics now claim its impossible to maintain following the opening of nonessential shops and that funds planned opening of pubs and restaurants other countries including france and singapore followed a one metre distancing role in parliament on monday Health Minister edward argus said the review will follow the science. The reality of this is that there is not a fixed science about this there continues to be a scientific debate about what is the most effective distance and the root one of the reasons for example that we have the 2 metre distance in place at present is because the Scientific Evidence for a sage is that for example a reduction in distance from 2 meter to one meter would carry somewhere between 8. 00 to 10. 00 fold increased risk of transmission that is why we have the guidance in place that we do but we are very clear that this review will give us the basis to make considered decisions on the most appropriate way forward in striking the balance between Public Health and economic impact. Well it comes during a study funded by the World Health Organization which looked into the Science Behind social distancing regulations it found that under the 2 me to rule the average person has a 1. 3 percent chance of catching the virus but if this rule is half to one meter the chance of catching the virus only marginally increases by just over one percent it means that under a one meter rule fewer than 3100 people would catch covert 19 however some scientists have hit out at the study claiming it ignores certain key factors professor ben cowling from the university of hong kong is one of them and joined me earlier he thinks the World Health Organization may be missing the point. So that were distancing is really important but you have to recognize the idea the reason for doing it is to avoid crowding lets not have too many people who are together in a small space in a confined space because that is when transmission can occur but weve seen some pictures of people queuing up to go shopping some people have been killed with the distances between them others of being sort of crowded on top of one another will these kind of instances make a difference. Yeah i mean if its outdoors i dont think its a big issue if its indoor and theres a lot of people close together for a prolonged period of time i think thats when the risk is going to get a little bit higher and thats what we need to watch out for and also weve seen people protesting as well and other people saying that this will make a difference youre saying the outdoors then it perhaps wont. Outdoor certainly the risk is low i think again if people are really crowded together stone together for a long time that could be in a protest where theres a lot of people really bunched up that could be a risk for out in the park with a lot of space between people i really think the limited very very very low risk when it seems likely that theyll be a political decision on this but to reduce the distances effectively based on economic considerations isnt it. Yeah i mean all the time when were thinking about what Public Health measures to tell you we also need to bear in mind the economics and social impact of the measures that were thinking about and those are also important also that this consideration comes comes into play if were talking about schools as well its a big debate so is it possible then based on the fact that we can narrow those distances that we can effectively see more pupils going back to school yeah i think thats one of the consequences of reducing the spacing requirements in schools its going to be really difficult to maintain physical distancing though i think its really good news for us that coded 19 does not spread as well in children as many other risk factors like the flu theres also the fact that youre going to be opening up pubs and restaurants particularly and also as we know where alcohol is involved its also a question of how do you enforce those things isnt it. Its going to be difficult i think now is really good that is the summer so people can spend more Time Outdoors i think outdoors is a really good place to be. If theres covert around. But other scientists like professor Tom Jefferson of Oxygen University believes theres no evidence to support the to meet and rule he thinks the guidance should focus on hand washing. The only 2 studies that actually measured distance where did not relate to go to 90 and there were studies. And it was one meter or one meter or more so uncertainty reigns which is what really science is about but surely isnt it better to err on the side of caution i mean even if one meter is the patient why take the chance and also people are so used to the idea of to make this let them go along with what they already know because theyre obviously they tend to underestimate the the amount of space anyway dont they. We must on the side of caution. Box if you look if youre asking me about the evidence. What weve what we explained is that there is no evidence yet to meet us if were going to come up with a rule that people can abide by would you like to see the rule reduced to say one meter or even scrapping limits altogether what would you advise people today. I would advise people to prepare for the unknown but that is for all diseases and especially for viral diseases the one thing that we do know works across the board is handwashing and that is for all disease Infectious Diseases not just viral disease so for instance that is something which can and can be done why these little can can be suggested in schools especially in our young works or was with my own young age and its very bold not that the evidence is considered when rules are made. So the government. The Prime Minister has a breakthrough as the biggest yes as a new drug is approved to treat 19. Of the Heritage Charity launches a repaired London Stock Exchange the memorials following weeks of protests we hear from a welsh bishop who are in for the removal of a statue of another colonialist. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Isolation community. Are you going the right way or are you being led. Directly. To what is truly what is great. In a world corrupted you need to descend. To join us in the depths. Or a maybe in the shallows. Welcome back the u. S. President donald trump has signed an executive order to implement reforms in policing following the death of george floyd. Well several reforms will be introduced under the order including the offer of federal grants to improve Police Practices and a nationwide database to track abuses carried out by Police Officers u. S. President claims the country doesnt need more stoking of fear and division is late is executive order follows the wave of worldwide protests after the death of george floyd a black man who guided minneapolis right into custody would like to police us. Now the u. K. Government has authorized the use of the need of a new drug to treat covert 19 following a breakthrough in Scientific Research speaking at the governments Coronavirus Press briefing Boris Johnson said enough of the drug would be in stock if britain hit a 2nd peak or seem to be unaware that it had previously been on a banned list for export and proud of these british scientists backed by u. K. Government funding who led the 1st robust Clinical Trial anywhere in the world to find a coronavirus treatment proved to reduce the risk of death and im very grateful to the thousands of patients in this country who volunteered for the for the trials thank you this drug dix methods cannot be made available across the n. H. S. And weve taken steps to ensure we have enough supplies even in the event of a 2nd peak. Only. Would you say about dick smith and say and the broom it would run or are not aware of that butter you were. It will have to come back to government or a search as in the u. K. Had previously highlighted the potential benefits of the commonly available stero drug its claimed it could reduce the death rate among patients on a ventilator by a 3rd scientists believe it could have saved up to 5000 lives had it been used earlier the drug will not be available in n. H. S. Hospitals. Or search also claims mandatory face coverings in Public Places and effective test and tracing could prevent thousands of coronavirus deaths in the u. K. The study conducted by a number of universities including University College london suggest the measures could save over 5000. 00 lives over 2 years or even 50000. 00 lives i should say what it estimates a strategy could cost the economy approximately 8000000000. 00 pounds but it could also save 700000000000. 00 pounds worth of g. D. P. Over the next 2 years were currently face coverings are only mandatory in england on public transport and hospitals while the governments testing trace system has been inundated with problems including figures which showed a 3rd of those who tested positive didnt pass on details of their recent contacts or the scientists behind the study dr tim colborne told me there is now a broad range of Scientific Evidence proving face coverings are effective. Where assuming that kind of 19 is still a deadly disease and many people will die its left unchecked so we looked at a range of different strategies including face coverings and various different strategies for testing tracing in isolation and we find that very strategies can actually get on top of the epidemic without the need for additional lockdowns scale that quickly and prevent they associated mortality the 50000 figure in terms of life saves comes against neural tentative without face coverings or any test tracing nicely at all and it seems that they will then be additional locked down to berber and even more people dying but 50000. 00 people still die because the additional lockdowns will not be able to get on top of the epidemic as quickly as the testing tracing in isolation can when also weighed it with a scope so why do you think the government refused to consider a mosque until recently and i just get its got started on contact tracing. So there are good questions and theyre really questions for the government there was a lot of debate about face coverings initially. When really we should have just gone on and used and we can see from a stage Income Countries 3 of successfully used and even countries closer to home in europe like czechia you have widespread use of face coverings of controlled coded much better than we have a need k. And i think there are school wise to pay really considering the benefits and to be honest i dont know why they were debated so long it is now a whole lot of Scientific Evidence that supports their use. Well meanwhile a separate report has revealed that corona virus antibodies could remain in the blood for at least 2 months or possibly longer however between 2 and 8. 5 percent of all patients with corona virus did not develop any antibodies well the author of the Research ProfessorSanjay Krishna told r. T. U. K. That antibodies protect against the infection but further research is needed i think were at a stage now where the evidence is slowly building up and the bodies are helpful in protecting against disease now the real test of course will be if you have people who already have antibodies and then they get a chance of becoming infected again and they resist. Now were not at this stage where we can assess that so we have other rigs bits of evidence for example you could take counting bodies from one person whos recovered with them into someone who has got the interaction and see if that helps and these sorts of experiments this sort of clinical work is going on and it is all suggesting and supporting the idea that the bodies when you develop them are useful and protects against infection we dont have the final story on it. And the u. S. Department of Homeland Security has accused foreign powers of using the black lives matter protests and the death of george floyd to target the country but Award Winning actor rose mcgowan thinks many people already think of the United States in a bad light without any need for interference she spoke to going undergrounds Afshin Rattansi before we get a mass uprising is across the us you tweeted about being a malign actor you said these actors criticize the u. S. As hypocritical corrupt and undemocratic racist guilty of human rights and you said you were proud to be one of the bad actors tell me why. What i would estimate is probably about 52 percent of the people on the planet if not more think of the United States as. The way they think their be portrayed by r. T. And other that act out theyre doing it on our own im not really sure why they need. It been doing it for a long long time its kind of part of this strange selfdelusion amassed illusion of american perception around the world. And you can watch rose mcgowan ongoing on the ground on wednesday at our own r. T. That Historic BuildingsCharity English heritage is said to conduct a london wide review into diversity in public spaces including statues and blue morial parks with what they consider problematic connections well have more detailed descriptions of the figures they honor both good and bad that comes after black lives matter protesters tore down a statue of slave trader edward costa in bristol a robert milligans was removed in london with many more targeted English Heritage said it wanted to ensure the both sides of controversial figures are represented. We need to ensure that the actions and legacies of those commemorated are told in full statues can offend but we cannot support deliberate damage to Historic Monuments we believe that the best course of action is to provide as much information as possible about these monuments their history and the context in which they were directed and encourage debate and reflection on the sometimes painful issues they raise or meanwhile a welsh bishop has requested that the statue of explorer Henry Morton Stanley is removed from denby town center in wales he spoke to r. T. U. K. About why the colonialist is such a controversial figure. People whove supported his memory love the story of his exploring his most famous event trolls when he met one found the great missionary dr David Livingstone and there was that great meeting near the Victoria Falls where stanley said our dr livingstone i presume the difficulty was that like many colonialists at the time he really abused his power and subject at the africans took quite a bad level of mistreatment his legacy is controversial there are those that say he was ahead of his time but he was implicated in these subjugation of the congo by king leopold the 2nd of the belgians was that they would take issue with statues removal claiming its rewriting history with demonstrators showing up to protest to protect such monument forever and cameron said that although i think its like stanley have good and bad that had to lima 21st century values and should be consigned to history. He was absolutely a product of his time and most historical figures are a mixture of good and bad the values of the trench the 1st century a very different to the values of the 19th fundamentally the message of black lives maps are is one that which we have to take stock in the present context now you wouldnt have thousands of people out on the streets in less they felt that there was an injustice here and some balls of a colonial past of an imperial history perhaps not the sort of thing that we should be celebrating. Well thats all for our senior k. X. The top of the hour r. T. America will take over so from all the team here at westminster by. All. You cannot be both with the yeah youre right. In the troubled 19 seventies a group of killers rampage through parts of Northern Ireland that was coordinated loyalists attacks protect the only catholic population in belfast tens of thousands were forced to flee their homes come up with strike and put these attacks was a p. R. You see the Police Actually took part in the attacks so instead of preventing them they were active participants in the burning of coal streets in belfast at the plague more than a 100 innocent civilians were unloaded as there are here can seniors and we found out more i was surprised about the extent and of the crates which the killers and was involved in some of those cases the killers would later be named to the enemy getting i think it went to the very very top i think it gave cross the water where all the taste and smell you thought was going on and give the go ahead. By saying everything in here is given to me basically these 4 tables that were given to me are really ugly so im in the process of writing the only make and little personal cell thats another way of cutting costs this is the coins share. This this is magic