Important in many cases they have been taking money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got 5 from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes. We found one. One maybe lonely example look what happens this is on the c. N. B. C. When a guest challenges the bailouts of their lives now remember c m b c is essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it wiped out there are you are you arguing to let airlines for example fail you know. Why i mean how
Banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes we found one. One maybe lonely example look what happens this is on c m b c when a guest challenges the bailouts of their lives now remember c m b c essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it what. Are you are you arguing to l
Were seeing what some in the alternative finance space would call a 4th turning theres a huge shift going on weve been covering here for 10 years the whole process of decomposition and the dollar is ation the dollar is ation of course has been happening as we all see around the world the Central Banks start accumulating gold then weve seen the de globalization and trump and brags that were a sign of that but now of course is the accelerating rapidly thanks to this pandemic and i want to look at how that break in this supply chain the Global Supply chain happening right now is with the most fundamental resource of all and that is money and its being called on a 40 m. And on obtaining them inside the mad shortage in gold the ultimate doomsday preppers asset of course weve seen shortages across all sort of commodities and especially in the Agricultural Sector whether you can find whole wheat flour or milk or eggs at the local supermarket its very difficult but theres a mad scramble as you
Happening as we all see around the world the Central Banks start accumulating gold then weve seen the deagle bliz ation and charm and brags that were a sign of that but now of course its like celebrating rapidly thanks to this pandemic and i want to look at how that break in this supply chain the Global Supply chain happening right now is with the most fundamental resource of all and that is money and its being called on a 40 m. And on obtaining them inside the mad shortage in gold the ultimate doomsday preppers asset of course weve seen shortages across all sort of commodities and especially in the Agricultural Sector whether you can find whole wheat flour or milk or eggs at the local supermarket its very difficult but theres a mad scramble as you said with the billionaire class retreat gold as their toilet paper yeah there are some crazy prices up there gold is hard to get hard to obtain youre paying for a spot gold youre paying for the gold 2212200. 00 for an ounce of gold a gold de
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i