Time since Global Financial crisis but demand for cash is greater than feds liquidity injection of 75000000000 and then the next day they printed another 75000000000 so thanks for starting to look a little bit like 20072008 when weird little ruptures and ruptures in the whole Financial System were starting to emerge all right well the key phrase there would be a bank run. On the money market funds yeah right so you know we know what that means that means member Northern Rock in the u. K. They had a bank run that was part of the 2008 crisis or in the 1929 crash we had a bank run this is when the bank is insolvent and folks are concerned about their money so they panic withdraw the money so here you have 1. 00 of the foundation blocks of the Global Derivatives market the repo market and its being bailed out every day now by 75000000000. 00 a day so its the biggest per day per hour ive never seen a bail up on an hourly basis this big ever in history bigger than the 2008 crisis bigger than
Know that the way only one way you put to the products in the supermarket will influence the clients to buy certain products or not so there are many many studies and its very very important the way they put you know their products in the supermarkets and to manufacturers they know exactly about that they know how much you can manipulate and try to push in a person to buy something or Something Else and thats why they are truly very happy about this the charter of commitments you know because its completely voluntary we have to say that to so in france they are doing this is a voluntary charter of commitments and time and a factor so far. They said yes thats fine we are completely willing to do that it means that they the know they know that there is the problem and they want to change because this site is how it works we already got a bunch of all the narrating just got about seconds left sorry to interrupt you mike if i can get back to you just with your final state on the final 30 s
Kaiser report up next. I have max kaiser this is the kaiser report the share that goes where no other shout dares go brings back the basic call rises it turns it into a drink. Stacey you know thats quite relevant for this episode of the show because were going to get into the fact that 3 j. P. Morgan bankers were arrested while we were over in europe they were arrested and charged under rico that is normally used to take down the mafia we told the world almost 10 years ago that this was the case about j. P. Morgan and their Precious Metals manipulation as finally proven true but 1st i just want to note also that this past week just at the end of the last week we saw the fed stepping in to rescue the market 75000000000 dollars a day in free money handed to a Certain Group of people i. E. The same sort of bankers who cant manage their own business and they need to constantly be rescued unlike every other industry and most of the world heres the headline u. S. Money Market Experience bank
Are surprised sometimes when young men and women are killed in places no one even knew that we had a military installation there where you can have more on those and other stories from around the world the big picture is next here on r. T. Dont go away. Welcome to my 100th episode of the big picture 2 years in the blink of an eye and every week has been question of war and this week some of the more memorable answers to 3 questions that matter a lot to you which we have been asking all along but 1st serve vaillants capitalism what facebook amazon and google know about us how theyre selling their information and how you can slam the brakes on a holiday cook in washington this is the big picture on our t. V. America. Too often when we use a web app or join a social media site we just check the box for accept rather than reading a long page of fine print terms of use but if you read facebooks Privacy Policy might feel like you have none among other things you permission facebook to gather
what in the world is going on let s ask longtime pentagon official michael maloof michael in your days at defense you worked closely with secretary donald rumsfeld so take us inside the pentagon with the new boss lolita austin how much and and the secretary of defense really changed a great big military machine. well i think. the idea of austin versus rumsfeld is like comparing apples to oranges you have rumsfeld who was a very dynamic policy driven individual he was a former congressman then and so he had a far greater. appeal and and perspective on on policy direction especially toward national security austin is a good soldier he takes orders and everything that he has done to date suggests that he salutes and the the commander in chief and does whatever by and once clearly the power base for national security and foreign policy resides at the state department s not at the defense department and. austin will carry out whatever biden wants and and the emphasis will be more