A little history most of them good. Maybe one bad way. It is your rbi its ahead right here on Worldwide Exchange on cnbc well, good monday morning and good afternoon and good evening. Thank you for starting your week with us here on Worldwide Exchange on cnbc and heres how your money and the Global Markets are setting up there monday stock futures are lower and they come off their lows by about 100 points remember very volatile at this hour particularly in the summer. Now in regard to the market the dow and the s p coming off their Third Straight week of gains the nasdaq though, it fell partly to blame for technology and probably the theme to watch is big tech. Its amazon. Amazon seeing the first down week much more on the rbi i dont want to give too much away it wasnt just amazon dragging down technology. The question that investors have is is the work from home or state at home trade trying to beginning to wind down they took a pretty big hit last week something to watch perhaps unwi
Longterm commitment to bring you live gaveltogavel coverage of congress. Coming up, the house will debate Foreign Affairs pills with votes late they are afternoon. This week theyll work on an emergency funding bill to respond to the coronavirus outbreak. Live coverage of he thousands of the house here on cspan. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father con you. Chaplain conroy let us pray. God of mercy, thank you for giving us another day. Quicken our spirits so that we will know the blessings of living together in unity and peace. Grant that we might know the satisfaction of sharing our Common Concerns and experiencing the joe of mutual accomplishment. Bless the members of this peoples house with success in bringing fruition to all e
Was the most likely of the major banks to go bankrupt and require a bailout the state of germany has now provided Deutsche Bank with a state bail out the bad banks in the area is masking a bailout and the accounting fraud at Deutsche Bank is only now just being revealed. At the tip of the iceberg this theyre sitting on half a quadrillion worth of worthless to rivet that if you mark to market would would be greater than 5 times global g. D. P. This is in fact the beginning of lehman 2. 00 this is why gold goes up in price because its discounting a Major Economic collapse this is why bitcoin which is the virtual digital version of gold a matter what peter schiff says no matter what michelle blocks as it is gold to point out thats down to. Ben the case dont come at me with all of your crazy conspiracy nonsense and so we enter into another phase of the Global Financial crisis right men Deutsche Bank leave the tip of the spear as weve been saying for years. Only keep money in Deutsche Bank
The wall street banks had done nothing wrong that it was just crazy unfortunate freak accident that they ran out of money suddenly because of all the bad loans that they made to people that couldnt possibly pay them back and that they taxpayer in the Global Economy should take a step back and 17 or 18 trillion dollars needed to be printed to bail out Warren Buffett to bail out wall street banks so that they could keep their yacht payments going and buy. You know billionaire row apartments in new york city for 250000000. 00 as weve just seen recently or to invade london and buy properties for 120000000. 00 thats money that was given to them by the Central Banks and the 2008 crisis to avoid having to fess up that they were running insolvent institutions and they have put the entire economy at risk and that they are engaged in a club to crash a crony capitalist nightmare so deutscher. The bank as weve been saying now for 5 years was the most likely of the major banks to go bankrupt and re
What we suspected would happen 10 years ago when we 1st started for all those happy days ago you know they got the Lehman Brothers collapse happen you know and that was the result of insolvency but we were told that it was a problem of illiquidity and we were told that Lehman Brothers and bear stearns and the wall street banks had done nothing wrong that it was just crazy unfortunate freak accident that they ran out of money suddenly because of all the bad loans that they made to people that couldnt possibly pay them back and that they taxpayer in the Global Economy should take a step back and 17 or 18 trillion dollars needed to be printed to bail out warren buffet to bail out wall street banks so that they could keep their yacht payments going and buy. You know billionaire row apartments in new york city for 250000000. 00 as weve just seen recently or to invade london and buy properties for 120000000. 00 thats money that was given to them by the Central Banks and the 2008 crisis to av