Completely even though their transactions are being censored i. E. Theyre not able to withdraw certain amounts of money beyond a certain amount of money but theyre theyre trying theyre to get dollars we also see that venezuela where the dollar is the preferred medium or right so occupy wall street back in that 2008 period that was even before pick wine was on the same but there was this idea that you know what maybe we need to go after wall street maybe thats the source of our problems so that was the beginning of the transition from a socialist mentality to an anti feel money mentality and now we have the global insurrection against banker occupation as people begin to understand that the way forward in terms of. Achieving some equality and justice and we saw this in another campaign called defund the police right so its idea of defunding right so occupy wall street the funding so activists are starting to figure out like maybe. Its the money maybe its the money right so now what were
Players thinks. We dare to ask. Oh i am max kaiser this is the kaiser report how about a quick History Lesson in economics you know people talk about socialism what is socialism theres a side here that labor has value and that people want to take part in the means of productions and guess what starting in the 1980 s. That became obsolete because all wealth was tied to money printing today 2020 so that would be 40 years later then this phenomenon 1st to colp activists and labor rights activists and workers are are bigger now that the problem is not about the means of production the problem is the money printers and theyre taking action stacey yes protesters around the world are putting their hopes and to crypto currency were seeing g. Abo the global insurrection against banks their occupation i think we also have to kind of elaborating its like a global insurrection against paper printer occupation paper printer theft you know p. P. T. Theres something going on crypto currency is have a
Is not about the means of production the problem is the money printers and theyre taking action stacey yes protestors around the world are putting their hopes and to crypto currency were seeing the global insurrection against banks their occupation i think we also have to kind of elaborating its like a global insurrection against paper printer occupation or paper printer theft you know p. P. T. Theres something going on crypto currency is have always had staying power due to institutional Retail Investors as well as its traction as a digital means of exchange yet its on sensible nature and the potential of having relatively private transactions as well as an alternative to fiacha currencies has lent itself well in theory to protest movements that are threatened by the use of state force so wherever you see insurrection or uprisings around the world and weve covered that recently with the black ice matter protests we see all the signs promoting between a black america or big point solve
It is tuesday, june 18th Worldwide Exchange begins right now. Welcome to the show. Welcome from wherever in the world you may be watching. Im Brian Sullivan thanks for joining us. Two major market stories developing at this hour. Futures are higher right now nothing seems to hold this market down. Dow futures up 74. All as the fed kicks off a twoday meeting today. Tomorrow we get the decision on Interest Rates Pay Attention to this. I know its wonkky. The yield on the german tenyear note our tenyear note is yielding 2. 5 . Their tenyear note is yielding negative 0. 29 with this press conference from the ecb, we saw the yield on the tenyear bund in germany continue to fall you are paying to borrow money its an incredible story there well have more on these big stories coming up. First we have to get to europe we have breaking news there on facebook the social network revealing its cryptocurrency ambitions lets get to Julia Boorstin in cannes, france with more facebook announcing a new D
Keeptened to derail a you i u. K. Deal with the eu. Anna good morning. This is bloomberg daybreak europe. We have been tracking the tax story. Manus had a bear in what we saw in u. S. Equity markets. What we are seeing an Asian Session is where we are headed in the trading day. Heain and the key role plays. The dow over 24,000. You the equity story from yesterday. We are expected to go a little lower. Keep an eye on what is happening in asia. Thetax story also affecting dollar. The broader story for the week is different. Keep an eye on treasuries. We saw treasuries holding their side. We have the oil price up around a third of 1 . Expected, i suppose you touched on those equity markets. How broad is your rally . Futures are at the bottom of your screen. How broad is the stock market rally . Heve put together the breadt indicator. This is where we are on the s p 500. H ismeasure of breadt expanding and a is usually a sign of good health. The realized correlation, that is an indication