The name calling. Program. Thanks for joining us. Welcome to the program. The Security Council has called for an immediate cessation of hostilities between armenia and azerbaijan. Now into its 4th day belligerence once again vying for control of the long border region. On the ground. Permitted to enter the conflict. This report films camera right now were between the positions of the Armenian Army which is over there and the there by joining forces which are stationed right over this hill and here is the debris of a massive unmanned drone that was shot down by the Armenian Air Defense this is the main piece but not the only one in fact theres still a distinctive stench of burning up in the air which means it was shot down literally hours before we arrived here in fact where the 1st International News crew allowed here by the Armenian Forces that here is school and everybody has to walk over a huge pieces of metal like this and well this marks yet another day of deadly clashes between a
Moments of whats being described as a messy and chaotic encounter between. Joe biden. Welcome to the program. The u. N. Security council is calling for an immediate cessation of hostilities between armenia and azerbaijan fighting between the 2 sides is into its 4th day now the belligerents once again vying for control of the disputed border region. And crews on the ground. Video shows the wreckage of a drone shot. Me. The only media outlet that has permitted to enter the conflict zone. This report filmed with vision camera right now were between the positions. The Armenian Army which is over there and the as they are by joining forces which are stationed right over this hill and here is the debris of a massive unmanned drone that was shot down by the Armenian Air Defense this is the main piece but not the only one in fact theres still a distinctive stench of burning up in the air which means it was shot down literally hours before we arrived here in fact where the 1st International New
Were back together now with the latest 1st its the kaiser reports. Hey you know back in 2008 when the had the Global Financial crisis and banks went under of Lehman Brothers bear stearns and some European Banks are going to go under that all of meetings all the weekend long and the policy was not to reform banks but to give them a bigger credit line 1020 times bigger at the time we said you know it in 10 to 12 years so if theres going to happen but a lot bigger well here we are 12 years later and the states are just as you said. Its all unraveling again especially with European Banks because they are not the center of the empire they are not rome they are outside so they must suffer but before we get to that fin send story about the European Banks i want to say once again we find toilet paper roll is a precious commodity as lockdowns began apparently there are rush mad rush on toilet paper all over the western world and were seeing shortages of toilet paper again that was also somethin
Hey you know back in 2008 when the had the Global Financial crisis and banks went under of Lehman Brothers bear stearns and some European Banks are going to go under that old like meetings all the weekend long and the policy was not to reform banks but to give them a bigger credit line 1020 times bigger at the time we said you know it intended 12 years so if theres going to happen but a lot bigger well here we are 12 years later in the face of just as you said. Its all unraveling again especially with European Banks because they are not the center of the empire they are not rome they are outside so they must suffer but before we get to that fin send story about the European Banks i want to say once again we find toilet paper roll is a precious commodity as lockdowns began apparently there are rush mad rush on toilet paper all over the western world and were seeing shortages of toilet paper again that was also something we protected. Right so here is the headline from wolf street dot co
81. 00 just a smidgen above the more 5 decade low of 79. 00 set in march the last time before march that the index was below todays level was february of 1988 during the sell off that followed black monday in october 1987 when it also slumped as low as 79. 00 the index has collapsed by 85 percent since its peak and may 2007 after having quadrupled over the preceding 12 years its looking bad right now i mean once a day and the connections are 1087 black monday the crash of that here is very important because the solution then was to extend Bank Credit Facilities thats how Alan Greenspan Ronald Reagan and robert rubin the plunge Protection Team or their working group of finance the president S Working Group on finance decided that they would solve this problem by not punishing or reforming but expanding the credit line of these banks so they did exactly what they were doing but i. Bigger scale and then we have of course another major move down in 1909 we had a bomb crash more or less in