Have the infrastructure we dont have the institutions like all these small and Medium Sized Enterprises having to borrow via you know the s. B. A. The Small Business administration that used to be set up during the end of the Great Depression to give money to them instantly and directly from the treasury now it has to go through banks but banks no longer lend to small and medium size and prices because everything is about real estate in the commercial real estate and Derivatives Market and free money for them so we have a situation where theres no distribution of the liquidity of all the abundant capital in the system wont remember the soup nazi from seinfeld saying no soup for you right i mean there was soup available but there was no soup for you so now the central bank has plenty of soup theyve got plenty of cash but no cash for you but why for no reason that makes any sense other than the fact that they are in the service of a bunch of. Kleptocrats and are simply printing money for
For some quite the same to accuse a particular country the latest on these stories you can head to our t. V. Dot com kevin owen he is coming in about 59 minutes from right now but in the meantime stay with us for the Financial News in the. Or this is the kaiser report where in paris you know so many people referenced the mary antonov quote let them eat cake and then you know historians have gone back and they said you know its actually my cake its brioche brioche you know that so i brought in actual poem my god what a mess we brought in actual brioche this is a brioche for the sliced there at the patisserie and so this is what she suggested that the peasants this should be eating because they had run out of pan you say this is a brioche is a slice of the nicer version of pan theres a few in the cupboard lets throw that to the peasants and maybe theyll shut them up but. I believe there had been a wheat disaster because of the. Volcano and i in iceland had blown and caused bad weather ye
For the latest on these stories going to stay with us now though for the kaiser report altering about food banks in australia and if youre watching in the u. K. Boom bust as the financial news. I am asked as are this is the kaiser report where in paris you know so many people referenced the Mary Antoinette quote let them eat cake and then you know historians have gone back and they said you know its actually my cake its brioche brioche you know that so i brought in actual poem my god what a mess we brought in actual brioche this is a brioche is for the sliced there at the patisserie and so this is what she suggested that the peasants this should be eating because they had run out of pan you say this is a brioche is a slice of the nicer version of pan theres a few in a cupboard lets throw that to the peasants and maybe thatll shut them up but. I believe there had been a wheat disaster because of the. Volcano in in iceland had blown and caused bad weather yeah that we learned about that
Age they were entering the workforce at that time and that was a massive population so you could create a ponzi sort of scheme heres a headline to prove my theory that what were seeing right now is a kid in to back at the assoc not in the collapse of the asset not in the strife that followed the reign of terror that happened here in france banks are now referring people to food bank to help them pay their mortgage this is in australia so its called food bank South Australia has been approached by banks tree for their clients to the charity in the hope that it will prevent people from defaulting on mortgage payments not let them eat oreos but let them eat food bank this is a real up to me moment and another replay so its got a couple of almost verbatim replays of the revolutionary times of france and not only are they collateralize ing property. As you point out its no fat is nothing reinvented here its all property back and now instead of letting them eat slices of brioche theyre allow
Engineering and securitization and derivatives to debase the currency and the currency is being debased well you reach an end point of how much the value of the property can go up and with the asset not the french people demanded they print more of these astronauts so that the property prices can continue to rise because they didnt want them to go down so we have that Global Situation right now it did it was able and possible because we went off the Gold Standard in 9071. 00 at the same time it wouldnt have worked without the fact that the boomers hit the right way they were entering the workforce at that time and that was a massive population so you could create a ponzi sort of scheme heres a headline to prove my theory that what were seeing right now is a kid in to back at the ask not. And the collapse of the astronaut and the strife that followed the reign of terror that happened here in france banks are now referring people to food bank to help them pay their mortgage this is in au