Buying more assets but essentially what you have to do in this once in 100 year crisis i mean we had a once in a 100 year financial crisis now we have a crisis that is comparable to the great influenza and the answer is that you have to have the courage to keep going and theyve done well so far and anybody who says to them that we should go back to where we were as in 2010 well what did we learn from that we learned that it was the slowest recovery in 300 years after the southie bubble and sadly the the slowest recovery ever actually 600 years ago was the black death so this government they want to do that thats where well go we have unbelievable hardship in the country and for the chancellor to say such idiotic things really begs belief to me in fairness of our strength and he says there should be no return to our stereotype it is predisaster David Cameron his fellow Bullingdon Club member David Cameron has a new preface and he says actually the reaction of britain to the 28 crisis wa
To one woman who claims to have been raped about why she is voting for trump and the. Only thing more coming up in todays going underground but 1st a virus transmitted at least in part because of environmental destruction is being credited for ripping up the economic plans of finance ministers all over the world ahead of a possible 2nd wave and here in britain brics at negotiations in crisis what can save capitalism now joining me now from hanover New Hampshire is Dartmouth College is labor market economist and former bank of England Monetary Policy Committee member professor David Blanchflower danny thanks so much for coming on so your recommendations for slashing Interest Rates arguably did way more than austerity for saving britain after the Bank Bailouts and the austerity how can britain recover from covert given per capita its death rate desired from the g 20. Well youve got to keep spending money youve got to. Resist entirely any idiot who says we should be going to austerity let
Strengthened antiMoney Laundering levels. Rising virus cases across europe as the u. K. Government says it cannot rule out a second lock down and the white house grants tiktok another week to seal a deal with oracle and walmart as President Trump gives them his blessing but says they must create a 5 billion u. S. Education fund. It will be a Brand New Company and it will have nothing to do with any outside land, any outside country. It will have nothing to do with china. It will be totally secured well, a very warm welcome, everybody. Lets kick off with a look at markets. It was a brutal start to trade you have the dax trading down more than 2 the ftse underperforming down by 2. 5 and the cac 40 coming under massive selling pressure and a couple of sectors baring the brunt of the hit amid concerns around rising case numbers and further lockdowns across europe and the u. K. In particular and then the Banking Sector taking a hard hit down more than 4 and a couple of banks in focus but th
Mr. Mcmaster we need leaders to make sure that they are not part of the problem, that they are not creating opportunities for our adversaries. Judy all that on more on tonights pbs newshour. Announcer major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf the engine that connects us. Announcer Consumer Cellular, johnson and johnson, Financial Services firm raymond james. Supporting social entrepreneurs and their solutions to the worlds most pressing problems, skolfoundation. Org. The lemelson foundation, committed to improving lives in the u. S. And around the world, on the web at lemelson. Org. And with the ongoing support of these institutions. This program was made possible by T Corporation for public broadcasting and by contributions to your pbs station from viewers like you. Than you. Judy two big stories dominate e news tonight, the highstakes battle builds over the future of the u. S. Supreme court, and criminal charges are filed in the sh
Well you got to keep spending money you gotta resist entirely any idiot who says we should be going to austerity lets just think about the u. K. So we have not over 9000000 people who are on furloughed schemes and this government is talking about stopping that from me well we have 1300000. 00 unemployed now with a rate of 4 point one percent if they stop its hard not to see the Unemployment Rate at least easily hitting 20 and probably more so the obvious thing is youve got to keep going and anything that related to what you did from 2010 to 2020 is a disaster and im im im a beginner to cameron in a 2nd but im going to tell you ritchie cynic says the furnace scheme should not and cannot go on forever and everyone who says it should be extended after october would then just say it has to continually extend therefore thats the argument for stopping it. Well i didnt say it should go on forever but i certainly think it should go on for a year or so i mean from southern germany have agreed t