Are this is the kaiser report true true yeah were on lockdown doesnt matter things are still happening things are still Going Forward to use a still newsworthy and whats relevant is relevant whats not relevant is not relevant. Well you know out in my headlines im going to compare these stories to the chinese finger trap now i used to love that toy as a game and it worked on me every single time the simple puzzle trapped me and his fingers remember if for those who dont know its kind of shaped like this and its made with. Bamboo strips but you put your fingers on the 2 ends of the hole and what happens when you do that maddow yeah you get on your finger you have pole and you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how do we escape it is useless and relax and put your fingers together and the holes expand you know when i can watch this for our were not a magic show but what is magic is what the fed has been doing what the u. S. Governmen
Its new law just the latest move to cement or thora tarion rule. For last year very good welcome to conflicts on yes hello good morning why did your Prime Minister need an emergency law to deal with a pandemic everyone else relies on testing tracing quarantines lockdowns but you have to have a law that goes after people who criticize the all thora to use why. Well very simply everything has been done according to the hungary constitution the government run the pandemic when the virus situation began declared a state of danger it can do it for 2 weeks following the 2 weeks is the hungary in parliament that has the right to decide whether to prolong its or not and thats what happened to hungary and parliament decided to prolong the situation as long as the pandemic was there we are now nearing the end thankfully of the emergency situation it has been take up tackled quite well it seems thanks god and thanks to the good efforts of the government so were coming to the and of this state of
On citizens privacy in its efforts to contain the pemex and how could the Public Health crisis impact diplomacy in the region and beyond especially with its Nuclear Neighbor to the north. Foreign minister contra wa welcome to conflict zone thank you for having me your country has reported a flare up in corona virus cases this week around the capital at a number of nightclubs which authorities are now temporarily closing president moon has warned a 2nd wave is coming whether now or in the future this at a time when you were just starting to ease some pent demick restrictions how concerned is your government over the threat of a 2nd outbreak. Very concerned but we have been guarding against this possibility this virus is very tricky its it spreads very careful fast and its spread silently asymptomatic people can be can be contagious so weve been guarding against this possibility its very unfortunate that this happened but our system is now fully up and running to trace to test and of cou
Or is its new law just the latest move to cement or thora terry and. For that hes very good welcome to conflicts on yes hello good morning why did your Prime Minister need an emergency law to deal with a pandemic everyone else relies on testing tracing quarantines lockdowns but you have to have a law that goes after people who criticize the author or a tease why. Well very simply everything has been done according to the hungary and constitution the government run the pandemic when the virus situation began declared a state of danger it can do it for 2 weeks and following the 2 weeks is the hungary in parliament that has the right to decide whether to prolong reduce or not and thats whats happened to hungary and parliament decided to prolong the situation as long as the pandemic was there we are now nearing the end thankfully of the emergency situation as has been taken up tackled quite well it seems thanks god and thanks to the good efforts of the government so were coming to the and
The same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like if they find themselves in a hole stop digging thats the western analogue to the chinese finger trap perhaps but you know what the thing is if they were just relaxed if they didnt try to micromanage if they didnt try to rescue all their banker friends and commit the moral hazard if they just relax and said you know you have to fail that business is going to have to fail that fraud youre going to go to jail you know if they just gave in to what is the natural Business Cycle and so instead of fighting the Business Cycle the Business Cycle sitting there right in the middle of the chinese finger trap all they have to do is just relax let it fall apart let it collapse let it go bankrupt right well theres moral relativity and moral hazard associated with what youre saying here in the economy and on. Wall street and the Banking Industry they keep. Mo