Course this is what happens with a commanding control situation and weve warned about it and its here right so the market for Treasury Bonds the thing that keeps the america afloat is been cut dramatically because nobody wants american Treasury Bonds and then the u. S. Federal reserve bank on the business of buying its own u. S. Treasury bonds and monetizing that debt and hoping that someday they would be able to as ben bernanke he said start to diminish their Balance Sheet in their own take 15 minutes that was years ago and its gone up by trillions and trillions cents then now theyre at the point where they have no option but to keep selling worthless u. S. Government Treasury Bonds and then of course having to print more and more fee out money worthless paper money to buy back their own worthless Treasury Bonds in this vicious cycle of just of self destruction and i read an interesting quote about empires empires never really die from without they always die from suicide and i think
The nation and that we had the freedom of speech freedom of Association Freedom of Assembly Freedom of religion one thing youre starting to see and its really heating up lately is that the theres definitely a faction within america that doesnt not want people to be able to assemble online and communicate online to speak freely to each other online they want to monitor what youre saying to each other and make sure youre not having ideas that might make their life more difficult in terms of having to persuade you to join their party or vote for them or whatever so thats why you know its so important and i believe for all sides the stories i myself like him pretty confident in my opinions and how i see the world that to hear somebody elses opinions or see their view doesnt shatter my fragile sense of identity as you see going on so i want to show you that you know im. S n b c is one of the leading advocates of shutting down shows like ark the kaiser report and the kaiser report by the way
Experiencing unprecedented declines in activity. Although the remains considerable uncertainty about the economy, we know that the Banking System has served as a source of strength throughout this period. They have supported their customers and committees by pppinating 500 million in loans. The Banking Systems ability to support the economy reflects the Industries Strong capital and liquidity position. In the Second Quarter of 2020, Equity Capital increased to more than 2. 1 trillion, which 13. 4 . Ted to highervels were slightly than the quarter preceding the pandemic. Taken meaningful action to provide banks while maintaining safety and soundness. I will provide an update in five areas in which we have made significant progress. Supporting communities in need, encouraging outstanding loan making. I would like to briefly touch on each of those, starting with our response to the Economic Risks related to covid19. We undertook a series of actions that helped maintain stability in financ
An inperson showdown. Commission holds firm it will be virtual. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. Stimulus talks could be closer, or at least they. Are back on the agenda. Here is what. I am looking at across the board. Is movingr yield attached, dollar declining, global stocks rising as the white house appeared to shift track, which signaled it is open to a large. Later on surveillance, we talked to armand sarkissian, 9 30 a. M. U. K. Time. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Leighann the debate will happen. The commission organizes it insists it will be virtual, but President Trump says he will not debate,t in a virtual calling the commission a joke. He is calling for to be rescheduled, but joe biden is rejecting that. He says the president pulled out, not joe biden. As dailyaximum alert coronavirus cases exceed 18,000 for a second strai
Somebody just a shake and its not the end of the world. And new countries including germany roll out drastic measures to counter a 2nd wave of covert 19. Surge beyond the peaks seen back in spring. Those are your headlines my colleague will be here in about an hours time with another full look at your news this is art. Max keiser this is the kaiser report i remember back in the days when we used to hear reports about soviet union and you know they were making too many tanks but they had keep making the tanks because without making all those tanks so theyve got a business lets see how this plays into the big picture stacie well we have a similar situation in america where we have you know so much debt that we have to keep on creating more debt in order to keep the debt market alive and thats all we have is that so we see the treasury market is now so large that the u. S. Central bank may have to continue to be involved to keep it functioning properly of course this is what happens with