Actual and of the dollar when the fed cut on sunday night just as it had by the way in march of 2008 during the financial crisis in the beginning when bear stearns collapsed here we saw emergency rate cuts of 100. 00 basis points down to 0 it took them down Interest Rates down to 0 percent essentially and the markets tumbled the dollar is something weve been talking about for many years and its the only store of value at the moment everything is collapsing against the dollar so how long will that last probably not a long time because. As weve seen during brain woods or through the plaza accord of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grid and the dollar is not the thing were going to have to match against because that runaway value on the dollar is whats causing. This deflation and thats whats causing this global depression part 2 so theyre going to have to rejigger the global currency gri
Weve talked about the death of the dollar and the ultimate demise of the dollar and its not just targeting the United States its not just specific to them it is about the currency system because we have been and a unique experiment since 1971 where were on an all Dollar Standard and we pointed out that on march 8th sunday march 8th the petro dollar era ended it was sunday march 8th that was the end of the petro dollar when saudi arabia flooded the walls with oil and cut the price of a barrel well even by 10. 00 this past sunday the 15th of march i believe was the actual and of the dollar when the fed cut on sunday night just as it had by the way in march of 2008 during the financial crisis in the beginning when bear stearns collapse here we saw emergency rate cuts of 100 basis points down to 0 it took them down Interest Rates down to 0 percent essentially and. And the markets tumbled the dollar is something weve been talking about for many years and its the only store of value at the m
Of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grit and the dollar is not the thing were going to have to match it against because that runaway value in the dollar is whats causing this deflation and thats whats causing this global depression part 2 so theyre going to have to rejigger the global currency grid and as all with they always come back to gold theyre going to do a whole recalibration of the global currency markets against the against gold so thats the only way out of this gold has sold off magnificent leads hugely so its bitcoin because down 45 percent by one day last week so there will be turmoil it doesnt move smoothly look at the lady 810000 945. 00 that was a what you could call a very tumultuous period but in terms of the dollar yes it is stronger right now it is going up in many. And sees this is something that weve been tracking for over a decade here and one thing people need
Reaching a point 5 degrees celsius and high winds that could push the inferno in closer to the populated area. Im headed to humphrey glad you could join me the american air strike that killed the wrong top military commander and an Iraqi Militia leader has sparked a storm of rage in baghdad thousands of people have been chanting slogans including death to america as they marched in a funeral procession to show their grief their region is now wanted general and says that it will retaliate. Of mourners filled the streets in baghdad iraq is the 1st to hold funeral processions for the iraqis and iranians killed by a u. S. Airstrike on friday. Many are drug. Black waving iraqi flags and militia members are out in force showing their loyalty to the 2 key figures killed in fridays attack iraqs. Deputy commander of an iran backed coalition of militias and general Kasim Soleimani the head of irans elite military unit and the countrys most important military commander. And president Hassan Rouha
Its cool stuff its the its about seeing me theres. Just too little. Still. We are at war. Im responsible for the deployment of thousands of Young Americans to battle in a distant land. Some will kill. You some will be killed. And so i come here with an cute sense of the costs of armed conflict. Filled with difficult questions about the relationship between war and peace and our effort to replace one with the other. Thomas he turned to. You know i need to make. The most attorneys time. I stand before you tonight in my red taj chiffon evening ga. The 1st. My face soft limit often my family had gently way. The. Day of the with. The much this extraordinary deal between the United Kingdom and saudi arabia in which. Ronald reagan wanted to sell the saudis billions and billions dollars worth of equipment but these reading stopped it and congress wouldnt approve it because they feared the saudi would strengthen israel serato reagan handed the deal is there effectively to his political soul mat