Time since Global Financial crisis but demand for cash is greater than feds liquidity injection of 75000000000 and then the next day they printed another 75000000000 so thanks for starting to look a little bit like 20072008 when weird little ruptures and ruptures in the whole Financial System were starting to emerge all right well the key phrase there would be a bank run. On the money market funds yeah right so you know we know what that means that means member Northern Rock in the u. K. They had a bank run that was part of the 2008 crisis or in the 1929 crash we had a bank run this is when the bank is insolvent and folks are concerned about their money so they panic withdraw the money so here you have 1. 00 of the foundation blocks of the Global Derivatives market the repo market and its being bailed out every day now by 75000000000. 00 a day so its the biggest per day per hour ive never seen a bail up on an hourly basis this big ever in history bigger than the 2008 crisis bigger than
Know that the way only one way you put to the products in the supermarket will influence the clients to buy certain products or not so there are many many studies and its very very important the way they put you know their products in the supermarkets and to manufacturers they know exactly about that they know how much you can manipulate and try to push in a person to buy something or Something Else and thats why they are truly very happy about this the charter of commitments you know because its completely voluntary we have to say that to so in france they are doing this is a voluntary charter of commitments and time and a factor so far. They said yes thats fine we are completely willing to do that it means that they the know they know that there is the problem and they want to change because this site is how it works we already got a bunch of all the narrating just got about seconds left sorry to interrupt you mike if i can get back to you just with your final state on the final 30 s
Kaiser report up next. I have max kaiser this is the kaiser report the share that goes where no other shout dares go brings back the basic call rises it turns it into a drink. Stacey you know thats quite relevant for this episode of the show because were going to get into the fact that 3 j. P. Morgan bankers were arrested while we were over in europe they were arrested and charged under rico that is normally used to take down the mafia we told the world almost 10 years ago that this was the case about j. P. Morgan and their Precious Metals manipulation as finally proven true but 1st i just want to note also that this past week just at the end of the last week we saw the fed stepping in to rescue the market 75000000000 dollars a day in free money handed to a Certain Group of people i. E. The same sort of bankers who cant manage their own business and they need to constantly be rescued unlike every other industry and most of the world heres the headline u. S. Money Market Experience bank
December 2008. Brent had its best day since collecting data. You are still looking at wti at 61. 81 and present at 65. 85 in asia, the knnikkei up about 3 points this morning, some early trading in europe, fairly muted there. Ftse slightly higher in france, the cac slightly down, so is the dax. Check out treasury yields, the soyear is now yielding 1. 833 the 30 year a little lower but well above what weve seen in recent months. Lets talk about the corporate story of the morning wework now delaying its ipo. Surprise but says it will still go public by the end of the year the company has been prepared for its investor road show which was supposed to take place today. But made the decision last night to stand down. This reportedly over concerns that there is not enough stock mark et investors. Work reporting they will not go public until at least october at the earliest adam neumann wants to get through the jewish holidays before he considers the next steps. Because that is what is keepin
Will you do johnson and johnson maybe a major breakthrough in the Opioid Crisis and a disaster for j. And j. That their stock is doing just fine. Simply training joins us to break down the latest opioid expose Drug Companies and the rest of the farmers all that in the supply bottlenecks slowing down the latest in the fast food craze in one spicy show lets go. Another step toward a hard break between the United Kingdom and the European Union leads our global report today as the queen of england approves Prime Minister Boris Johnsons request to suspend Parliament Queen elizabeth specifically granted the Prime Ministers request to prorogue the parliament in september effectively narrowing the window in time for the opposition or dissidents in mr johnsons coalition to legislate a barrier to a no deal brags that mr johnson has given every indication of being dead set on taking the u. K. Out of the e. U. Want to 31st without a deal if the e. U. Does not submit to his demands regarding the so