You dont say the c. And b. C. Or a. B. C. Or n. B. C. Or b. B. C. Because its not orthodox its not what all of the elite in the economist who go and get their doctorate from University Chicago its not what they think right now the heterodox are becoming mainstream because of this phrase called financial vandalism so people are out right under recognizing the fact that the policies of in the Interest Rate setting whether there are 0 or negative its about transferring wealth up its about moving trickle up financialization where the bulk of the economy is earnings go to the top 110th of one percent now i have often used the phrase financial terrorism that will probably become in vogue in the next 6 to 12 months weve said that we have a global empire of debt and that is its currency its a us dollar since 1000 701. 00 weve had no gold backed global unit of account to spend the u. S. Dollar and nobody knows how much they print we cant ever really know how much they print. It does give them a
Well here is a phrase financial vandals and its an interesting one pension world reels from financial bendel ism of falling yields and they speak to mark doubting the chief Investment Officer at blue Bay Asset Management he has he has pension fund mandates and he says about these ever declining rates that quote the true badness is Pension Funds being forced to invest and assets which will be guaranteed to lose such as in the case of long dated inflation linked to guilt real eales of negative 3 percent he said it is financial vandalism and the government and Central Banks need to wake up to this my brother my brother but because of what theyre sure what could just a people stop me and say you know you know what because so if thats your message yes im going to my blue area in fact his granddaughter granddaughter said i look like graham going through blue period but lets talk about financial by vandalism for a 2nd so you know as you point out there was a term floated about called financia
President ial council socalled secret peace talks with the afghan leader on the taliban militant group admitted to a recent terrorist attack. And very warm welcome to you watching the weekly here on r. T. International with all the latest world news and a roundup of the stories that shapes the week but 1st millions of weapons made in serbia have reportedly fall into the hands of Islamic State fighters in yemen and syria after they were born by the United States and its allies as according to documents seen by a bulgarian investigative journalists. This is an anonymous they received a lot documents about. The queen not. Not actively received and that you have. Tracking oh well thats war or so on the contrary i will say able to identify one particular out lot of leptons in the sand the language they hear it in their stuff again the video e. M. F. Those documents prove to be genuine then weapons seen on the Islamic State video in yemen could well be sybian made after being sold to us mili
There were periods like the gilded age in the twentys and the early ninetys and so on when a situation developed by the similar to this. Now this period 6 trillion because if you look at their Wealth Distribution the inequality mostly comes from super wealth. Literally the cup 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality has highly negative consequences on the so is all. Because the very fact of inequality has a corrosive harmful effect markers. You opened by talking about the American Dream part of the American Dream is questioning dillard it will infuriate you or kurt. A ridge it was possible for a worker to get a decent job. In a corps of children to school. To a collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States where there are professed to like democracy. In a democracy Public Opinion is going to have some influence on policy. And then the government carries out actions deter
The story of the last 18 years ok was of the story of the last few days here my supposition is trump got cold feet because he doesnt know where its going to go and its not a political winner for him with this Foreign Policy blog not necessarily with the American People we can get into that go ahead charles whats your take. I think theres something in what you say here i dont think its as it appears certainly i think trump has had misgivings as indeed as a lot of the us we can say Foreign Policy establishment of course trump is sometimes in not sometimes outside of that circle but i think he would share some of the views that hes been strongly pressured particular of the last few days and weeks even in the media a lot especially in the media as a result of. These talks actually approaching even if it wasnt widely known that they would be approaching in this form theres concern of course that if the u. S. Does indeed strike a deal with the taliban and the u. S. Leaves that actually that