Making sure everythings just in time and this is what theyve been seeking and the think tanks and the cable news has been telling us this is the best thing for basically everything for the American Economy and what we found out so far during this crisis caused by the pandemic is that we have 0 Self Reliance as a nation where basically sitting here waiting for some miracle some you know there is a lot of praying going on in the white house and the Vice President s office but that theyre waiting for somewhat some sort of personal Protection Equipment respirators ventilators all these things that just magically appear out of thin air when we cant make them ourselves Ralph Waldo Emerson consistency is the hobgoblin of little minds you know it it speaks to this idea that specialisation and hyper specialization which is something that is at the root of our goal lobel ization at the root of our reliance on mandarins working as an elected think tanks and global institutions really get to so aw
Stock market suffered its worst trading day since 1907 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage kevin discussed whats driving the selloff with us senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock
T dot com stay with us for the Financial News in the car with. Kaiser this is the kaiser report i dont know about you but so far this pandemic things working out great in america i say make america transcendental list again you know back in the 1820 states and fortys and the american transcendental as a movement they talked about how to rely on subjective intuition rather than object of empiricism and thats really the heart and soul of america this pandemic is bringing in a whole new era of selfreliance this plays great into the american soul. Speaking selfreliance and making sure my wire here is plugged in yes selfreliance ralph waldo and emerson one of the most famous quotes from that essay called Self Reliance was a foolish consistency is the hobgoblin of little minds adored by little statesman f. Loss of furs and divines i would say the philosophers are modern day think tanks and the divines are celebrity cable news hosts and they have these little minds that focus just on certain
As a movement it talked about how to rely on subjective intuition rather than object of empiricism and thats really the heart and soul of america this pandemic is bringing in a whole new era of selfreliance this plays great into the american soul. Speaking selfreliance and making sure my wire here is plugged in yes selfreliance ralph waldo and emerson one of the most famous quotes from that essay called Self Reliance was a foolish consistency is the hobgoblin of little minds adored by little statesman f. Loss of furs and divines i would say the philosophers are modern day think tanks and the divines are celebrity cable news hosts and they have these little minds that focus just on certain numbers the stock price number efficiency globalization making sure everythings just in time and this is what theyve been seeking and the think tanks and the cable news has been telling us this is the best thing for basically everything for the American Economy and what we found out so far during this
Mateo county, San Francisco county with 223 cases. 2 deaths in the city, 131 cases and one death in contra costa county. 178 cases and 4 deaths in alameda county. Marin county has 65 cases, 31 in Solano County 44 in Sonoma County to go along with one death there. And napa county now has 7 cases globally the number of confirmed cases is now more than 531,000 in more than 24,000 people have died. The us has more than 85,000 cases and 1290 people have died here in california were seeing 4,032 confirmed cases, china reported no new cases last week for the first time. This as the city of wuhan the epicenter of the coronavirus outbreak is close to lifting the lockdown orders and today were hearing from a marine county native who has been living under quarantine in wuhan for more than 2 months he tells kron fours gayle ong life is slowly getting back to normal and there may be a glimmer of hope for us here in the u s. The situation is its been improving a speaking to us from wuhan china groun