Referenced you can make any difference between the difference between different time values of money and so now this is the end game of monitor there is asian and neo liberalism we get to watch it now life time the social fallout will be spectacular we already see uprisings all over the world get ready for the global insurrection against banker occupation so break up fireworks maybe its time to go big yes so in particular these are the European Banks we see the European Banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j. P. Morgan and Deutsche Bank at the beginning of this financial crisis in 2008 they were roughly the same size now j. P. Morgan is about 10 times the size of of Deutsche Bank since the financial crisis and this is partly because of e c bs intentional policy as you mentioned you know the its a simple easy game right of banking do you borrow short term. From the fed or the treasury or the e. C. B.
And everybody gets eaten you know theyve destroyed the economy in so many ways there was only one place to go and that was to destroy themselves and now these banks are imploding the Interest Rate model is dead as talked about as referenced you can make any difference between the difference between different time values of money and so now this is the end game of monitor there is asian and neo liberalism we get to watch it now life time the social fallout will be spectacular we already see uprisings all over the world get ready for the global insurrection against banker occupation so break up fireworks maybe its time to go big yes so in particular these are the European Banks we see the European Banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j. P. Morgan enjoys a bank at the beginning of this financial crisis in 2008 they were roughly the same size now. J. P. Morgan is about 10 times the size of Deutsche Bank
Morgan is about 10 times the size of of Deutsche Bank since the fan actual crisis and this is partly because of e c vs intentional policy as you mentioned you know that its a simple easy game right of banking do you borrow short term from the fed or the treasury or the e. C. B. And you lend long to mortgage holders and stuff like that the 10 year buns yield it around 1. 00 Percentage Points more than 2 year issues in historical terms currently the difference is just under a 0. 2 percent so theyre losing money hand over fist theyre not able to pass it on to their clients right now theyre trying to pass the these costs on to their High Net Worth clients because those are the ones with a lot more money but heres a quote from the article that is exactly quoting from like kaiser what weve talked about and how radical the situation is at the moment people dont understand like how radical Central Bank Policy has been since the. Financial crisis and they say historically banks need money out o
In fact, every signatory of the nonproliferation treaty which is every country except five in the world right now except inspections. That is why we have international thank you for being here. We deeply appreciate our two distinguished witnesses here today to give us an inside look at the budget as it relates to africa and where the challenges are and where funding will potentially increase. As you know, the appropriations budget has passed the house and clearly it indicates there are some differences is opinion as to where we should be spending that money and we have come to a consensus, at least on the public inside of extraordinary programs like the emergency plans for aids relief, refugee programs and a whole lot of other programs that deal with Infectious Diseases, like. Ellipsis. They need to be funded in a very robust way in order to save lives and to mitigate dangers to women and children. We also have a strong commitment on this committee and from our leaders in the state dep
[meeting adjourned] im about to introduce the folks who can really dance. Ladies and gentlemen, San Francisco Afterschool Program presentsyou guys ready . Are you ready . Body booths. [applause] [music][applause] [music] [applause] ladies and gentlemen are the deeds. [applause] if anybody for those of usi know you are out there who are with them challengedif theres anybody that can infuse us with rhythm it is body beads. Thank you, you guys. You are awesome. [applause] good morning. As we set out this ribbon were going to cut my name is Phil Ginsburg five the great honor of serving as the general manager of your event recreation and park department. I only got one word for you. Thats not true but im going to start with one word and it is wow. Wow. Look at this place could look at this place. Come on. Look at this place. [applause] i just i am overcome with joy and excitement and enthusiasm importance and meaning because his place is off the whole. This is one of the best parks in San F