Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with breaking news from the treasury. Kayla has more from washington the Treasury Department says it expects to borrow just shy of 3 trillion in this quarter alone to fund the expenditures outlined in the cares act stimulus and also to off set the individual and Business Task revenue thats not coming this because of that delayed deadline to say this is a record amount is an understatement the last record that the treasury saw for borrowing was the quarter july through september 2008 the height of the
Stuff would win them both and also the stuff or parts of the old world that would die away too so as we draw people to the spirit of what weve been doing in creating in the space of big coin i think. That. You know activity has a shelf life or is is not the long term best the here and now like you know we got involved in getting your you know max was so helpful in showing us the way we didnt look at it as how much was big corn were we looked at the fact that we had a new way of doing transactions how we can interact with each other he spoke about a way that we no longer would be limited to or controlled by people who never respected us anyway so busy i think some of the leftovers of the or residuals of this current environment is kind of spilled over into this new world that were creating but thats going to thats going to go away also 2018 continues the i. C. A. O. Boom in fact more money was raised in 2018 then the epic amounts raised in 2017 and in the 1st 3 months of the year a tota
The thing to do with anything i think you always have silly people i think some of this stuff would win them both and all the soviets or parts of the old world that would die away too so as we draw people to the spirit of what weve been doing in creating in the space of big coin i think. That. You know activity has a shelf life or is is not the long term thats the here and now like you know we got involved in getting your you know max was so helpful in showing us the way we didnt look at it as how much was big corn were we looked at the fact that we had a new way of doing transactions how we can interact with each other he spoke about a way that we no longer would be limited to or controlled by people who never respected us anyway so i think some of the leftovers of the or residuals of this current environment is just kind of spilled over into this new world that were creating but thats going to thats going to go away also 2018 continues the i. C. A. O. Boom in fact more money was rais
Wall street money yet weve just seen wall street money from hedge funds on the edges but wait till the big wall street money comes in then its then then its actually going to be even more surprised suppressed at the price suppression comes from the fact that there are folks that are accepting a big point iou as if its the real thing when we store our big and in exchange what we own is not decline its of a quaint iou and we have no idea whether the exchange has as promised more of those than they actually have in their reserves but all that said i think in the long run though all of these firms who are playing this 3 card monte game with decline will end up being wrecked in the next bear market sure the Crypto Hedge Fund is a big again from wall street and they generally show up late stage in the cycle and theres a lot of activity and a lot of easy money can be raised and a lot of bad bets can be made and. A lot of tears can be shed and it all happened quite quickly and the evidence of
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