At a Religious School in pakistan also this hour calls for a peaceful election in tanzania after violence and the arrest of an Opposition Leader in zines a car and the toll of yemens war on children the u. N. Says tens of thousands are suffering acute malnutrition. Im joined again with the sport as paralympic sprinter blake leeper loses his appeal to her to use prosthetic legs to true qualify for the olympics but he plans to fight what he says of races decision. Thank you very much for joining us with exactly a week to go before the u. S. Election theres been a surge in early voting partly due to and despite the coronavirus pandemic more than 63000000 americans had voted by monday nights thats 4000000 more than all. 4 years ago National Polls are giving democratic contender joe biden a solid lead although its a not tighter in some battleground states but the coronavirus pandemic continues to overshadow the campaign infections a surging with some states concerned about the lack of hospi
President ial election a record 69000000 americans have already voted both sides have been campaigning furiously as the coronavirus pandemic continues to cast a shadow mike hanna has more from washington d. C. On Campaign Efforts starting with. The 3 states hes visiting in the course of the day he took very easily and 2016 but now all polls indicate that its neck and neck with joe biden by a shrunk that gap that trump had 4 years ago shrinking a significantly President Trump focusing on the states because they are critical to him if hes going to be able to win the election and or to do his within the white house. Polls have opened entire president ial and parliamentary elections president john mica food is seeking a 2nd term his governments been accused of cracking down on the opposition stifling dissent in the run up to the vote. Police in italy of 5 to gas up people protesting against new code 19 measures in restaurants now have to start much earlier than normal much of europe is see
Simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left in fiscal 2020 the us a spent 6. 00 trillion and collected just 3. 00 trillion which means that its outlays are 100 percent more than its receipts many are asking why dont we do we even collect this 3 charlie and taxes why dont we just like print money for everybody right it brings up a lot of questions you know one thing is that the deficit is to new jersey and its more than 100 percent of g. D.
That we have only one month left in fiscal 2020 the us a spent 6. 05 trillion and collected just 3. 048 trillion which means that its outlays are 100 percent more than its receipts many are asking why dont we do we even collect this 3 charlie and taxes why dont we just like print money for everybody right it brings up a lot of questions you know one thing is that the deficit is to you and us more than 100 percent of g. D. P. And thats true for countries around the world and some play 20300 percent g. D. P. But whats creeping up now is the interest on that deficit even at these low low Interest Rates near 0 percent Interest Rates that interest cost on the deficit is getting close to americas outlay for the military which is their biggest expense so usually what happens when in fact the interest on the debt gets to a point where that also equals your g. D. P. As a country you are technically in default and you are officially no longer a country what is left is a memory of a country you k
I am max kaiser this is the kaiser report you know the economy is a man made structure try to scott engineers financial engineers economic engineers. Thinkers. Philosophers and mayfield over time what happens when the foundation of operates what happens when this structure collapses what happens when the simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left in fiscal 2020 the us a spent 6. 00 trillion and collected just 3. 00 asking why dont we do w