A way to price risk but the way to price risk is the need to know time time best have value time has to use the underlying prevailing Interest Rate to establish a baseline of the value of time from now on the curve from short to long so if youre negative as weve said before you have no value of time as a matter of fact time as a negative value i have often quipped that negative Interest Rates are a way for Goldman Sachs to go backwards in time and steal from clients in the past you know having looted all their current clients and future clients they need to go backwards in time so negative Interest Rates give the opportunity to commit crimes in the previous decades but put in the time machine aside. The negative rates make the entire proposition financialization moot because without a baseline to value risk and to value time you have no basis to value this financial eyes post industrial economy whatsoever its all basically a guessing game which weve said for many years that all the val
Does it go far enough in your view is it likely to happen and how does this push compared to u. S. Action on reining in big tax in terms of taxes. But let me go in there the reverse order the europeans have consistently been ahead of the United States and trying to do something about the monopolies as they see it operated by the High Tech Companies in the world who work very hard to corner particular technologies that they can then sell out of inflated price because theyre the only producer who develop their technology precisely to produce things that others wont have for a while so theyll be the only seller and can therefore get but not believe price and the reason is not far to look in europe you have a much more powerful Labor Movement and in this country you have strong socialist communist and other left wing parties who put enormous pressure in their. Armaments and so on to target monopolies that are basically ripping everybody off so thats why they have to have more of a movement
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Its ok the problem is that the symbol has become an actual code to say hey we are part of this group you are an odd. Good morning from moscow just turned 11 am here now this sunday watching out International News of the return of the last 7 days the big stories we brought to you we kept together my name is kevin now in 1st im going to start in the u. S. Events and developments on the impeachment inquiry to into donald trump is rumbling on but now a 2nd whistle blow is reportedly considering filing a complaint over the president s dealings with ukraine and seems that intelligence official is said to have more direct information than the person who 1st raised the meantime democrats spearheading the probe are demanding protection for the informants involved so thats a far cry from attitudes to other whistle blows even in recent years as caleb maupin reports. We are now told that in this dark age of trumping tyranny one heroic individual has spoken up like a voice crying out in the wildern
Court documents to reveal that a Big Pharma Company conspired to aggressively push its i. P. O. Painkillers this is led to accusations that the pharma cost americas biggest drug epidemic well the companys also accused of damn playing the risks of addiction and this led to doctors prescribing its pills to patients even with only minor pains as more. The usa is in the midst of an ongoing Opioid Epidemic. In the. In response to the Opioid Epidemic 48 different us states have taken action against produce pharma a drug manufacturer owned by the Sackler Family now even the company itself admits that those affected should get help as soon as possible while purdie farmer is prepared to defend itself vigorously in the opioids a geisha the company has made clear that it sees little good coming from here so its a geisha and the pills that people and communities affected by the opiate crisis need help now now its certainly commendable the focus on helping victims rather than simply avoiding blame