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Transcripts For RT Keiser Report 20240712

Tuning in but you know were going to talk about because you know theres not that much exciting stuff happening in the booth there who play well i found this story interesting just the headline you could tell where its all going the 2. 2 trillion dollar Coronavirus Relief package passed by the house and clues a complete ban on even and foreclosure filings for the next 12 months it only passed the house of representatives that doesnt look yet like it might ever pass the senate but nevertheless theyre thinking of a ban on foreclosures for the next 12 months theres a big issue in terms of the properties that will no longer be playing rent of course means that the landlords who are equally in financial straits will not be able to pay back loans to the banks and the banks are in equal financial straits and they will not be able to service their portfolio meaning that central bank would have to bail them out but the central bank is already completely constrained with their ability to bail out

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