In britain are now saying the us is losing its world superpower status due to its failure to lead on the covert 19 crisis and this time it might not recover the american oligarchy are showing the world something as this hits the fan theres showing everyone that they cant be trusted to lead to help to facilitate to organize even just to secure the short term future of humankind theyre demonstrating that they cant do shit but still killing tens of dollars im lie about it asking the american empire to help you is like asking a beehive to do your taxes they cant they wont they dont even know what they are talking about and they might sting you just for asking meanwhile other World Leaders are doing the exact opposite the u. N. General secretary antonio good terror is called for an immediate global cease fire in all corners of the world the us on the other hand has called for more war economic war on venezuela and iran bombing in yemen and afghanistan and more they consider it to be essenti
Currently there are more than 2600000 a confirmed cases of the coronavirus globally the death toll stands at more than 187000 it continues to ravage global economies numbers are in for u. S. Unemployment from last week where another 4400000 people filed jobless claims bringing the staggering figures to more than 26000000 in the last 5 weeks the white house economic adviser Stephen Moore spoke to larry king on politicking earlier and said that it might get worse before it gets better. The summer is going to be a disaster i mean i hate to tell people this but were going to see 20 percent Unemployment Rate in this country and its going to last several months and thats not something i ever thought i would see in my lifetime so its going to take a while for these businesses to get up and running again and so im by the way are never coming back thats one of the reasons ive been so strong such a strong effort for getting the economy open because every day you keep it closed more and more of t
No one could see that capitalism would have such a problem is that right. Well is a fuel cost but basically youre right the consensus was that we were doing really pretty well the president s absurd claim that the economy was great or even greatest in the world. Was one thing that people winked at each other about but not enough to really make a counter argument or a counter assessment that it was as weak as it has now shown itself to be if i could just make the point in a different way this is the 3rd crash of capitalism in this new one century. In 2000 in the spring we had what came to be called the dot com crash into the sounds were 8 we had retained to be called the sub prime mortgage crash and now in 2020 we have their 3rd one their socalled coronavirus crash again and here is giving a name to each crash as if the cause and the explanation is entirely on what the trigger was you know but now its a mistake that is a economics mistake you give a kind of are still going to see miners
Crisis and this time it might not recover the american oligarchy are showing the world something as this hits the fan theres showing everyone that they cant be trusted to lead to help to facilitate to organize even just just to cure the short term future of humankind theyre demonstrating that they cant do shit but steal kill gentz of dollars im lying about it asking the american empire to help you is like asking a beehive to do your taxes. They cant they wont they dont even know what they are talking about and they might sting you just for asking meanwhile other World Leaders are doing the exact opposite the un general secretary antonio good terrorists called for an immediate global ceasefire in all corners of the world the us on the other hand has called for more war economic war on venezuela and iran bombing in yemen and afghanistan and more they consider it to be essential work to perpetrate endless war against countries that just want to be left alone to read what one would want to
Founder of democracy at work and host of economic update on you tube and they have a very interesting conversation about workers strikes then i go into aggressive policing and redacted correspondent enters lee does some Fact Checking on voting but 1st lets go to that discussion between we camp and richard will professor wofl you so much for joining me. My pleasure me glad to be here i dont know anyone better than you to diagnose the problems right now or looking at an economic crisis possibly 30 percent Unemployed People thought for an across the country and around the world if only someone had told us that such a crisis might happen if only there had been some kind of warning signs but instead no one could see that capitalism would have such a problem is that right. Well is a fuel cost but basically youre right the consensus was that we were doing really pretty well the president s absurd claim that the economy was great or even greatest in the world. Was one thing that people winked