A snoop snoop at. Something like that anyway you know what max was a champion in predicting this sort of headlines then druckenmiller speaking of london i guess they used to run the quantum fund out of there right the in george soros yeah im not sure where they dump a style probably somewhere waiting. For certainly they did crash the pound and that is this guys then druckenmiller he was on one of the Financial News shows here in the United States and he predicts inflation and deflation out of the ordinary huge numbers he sees inflation will hit 5 to 10 percent over the next 4 to 5 years and he said thats based on what he heard at virtual jackson hole that the fed is encouraging the government to print more money more stimulus so fiscal stimulus and thats like m m t he said and this is going to cause inflation on the other side he said theyre all there asset price bubbles that the fed is stoking is going to cause collapse which will cause a 3 to 5 percent deflation on the other side so
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A krone virus here and where the action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities in fact show today so lets dive right in. And we lead the program with a Major Development in this saga surrounding the most popular social media app in the world tick tock as monday by dance the Parent Company of tic tac has announced that it reached an agreement with oracle now according to by dance the company has submitted a proposal to the u. S. Treasury department over the weekend that would make oracle not the owner of tick tock but a trusted Technology Provider shares in oracle jumped more than 6 percent on monday morning with confirmation of the news treasury secretary Stephen Newton says that the government is reviewing the proposal but this move could mean that by dance does not have the outright sell
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The weekend. And thousands of files on leaked implicating some of the Worlds Largest banks in vast Money Laundering scheme spanning 2 decades. Old News Headlines this hour 1st for you the new has failed to agree on sanctions against 40 senior russian officials up in last months disputed election the plan was vetoed by cyprus at a meeting in brussels on monday despite a plea from the belle of russian Opposition Leader taken off guard but the Foreign Policy chief says the bloc will continue to push for action against meant ministers discussed dissensions issue and. Those sanctions it has not been possible to that today because the quiet. Was not rich an. Issue we have to be. Considered by the heads of state and governments and tutor p. N. Council later this week for their political update its no unanimous vote on sanctions that means that it will be discussed further at the end of this week thursday and friday at the Council Meeting thats taking place Foreign Ministers disagree according