Is everywhere and everybody does it Small Business Emergency Loan Program in the u. K. Threatens to descend into chaos a gold mine for enterprise and criminals even legitimate borrowers face sky high default rates taxpayers to eat the losses and this is called the u. K. s bounce back loan program well the point is that you know you have looting at the top 11 looting throughout the economy and governments are trying to rush in these programs but the governments that are rushing in these programs themselves have been perpetrating a massive for fraud i mean thats what it is in terms of the last 20 or 30 years every penalty weve seen applied to all these big banks whether its the u. K. Or the u. S. They got caught red handed committing all kinds of accounting fraud and sun now theyre trying their packaged their programs as they understand the. Because i never got put in jail for it so theyre thinking about what we were doing this is the right way to do it and so they repackage the same kin
A pandemic in 1008 team that was right and that was equally crazy as now perhaps we didnt have a president sitting in the hospital but i want to look at some of the astounding information that is actually unfolding and going on wall. Everybodys locked down at home no apparently adult conversations are happening so none of this is being discussed but it does seem like they all know Everybody Knows its over the whole fiats system value of covert 1000. 00 stimulus packages in g 20 countries as a share of g. D. P. And you know it shows a whole list of them but ill just go over a few japan 21 point one percent canada 15 percent usa 13. 2 percent brazil 11. 8 percent turkey 10. 8 percent a strongly attempt 6 percent and at the bottom is mexico is 0. 7 percent so other than for the us all those debts will have to be repaid and there is a limited ability for a lot of these other nations to print like america can play now this is a fascinating data set actually because during call of it we hear
One because i wonder why it was not a good half. Of the. Premier league hopefully but there are here are some friends that the us are still so but the sole real hoping to do something this year. Which. They have about them was the lack of physical alibi the ball and i was able to put them on the that you know were going to. Max kaiser this is the kaiser report kovi coated cope with so much to talk about lets check in with stacey well you know its hard to outdo donald trump and his shenanigans in antics and all that sort of stuff but were going to try so you know one thing we always say is where were at the end of a few dark ages the end of an. Whether its the fiasco currency regime that has ruled the world since 1971 or the u. S. Empire since 1905 but of course that whole pocket before it when the British Empire disintegrated was also quite chaotic and interesting tet offensive we had a pandemic in 1008 team that was right and that was equally crazy as now perhaps we didnt have a presi
Max kaiser this is the kaiser report kovi coated co bit so much to talk about lets check in with stacy well you know its hard to outdo donald trump and his shenanigans in antics and all that sort of stuff but were going to try so you know one thing we always say is where that were at the end of a few dark ages and of an ipad whether its the fiasco in c regime that has ruled the world since 1971 or the us empire since 1905 but of course that whole pocked before when the British Empire disintegrated was also quite chaotic and interesting tet offensive we had a pandemic in 1008 team that was right and that was equally crazy as now perhaps we didnt have a president sitting in the hospital but i want to look at some of the astounding information that is actually unfolding and going on wall. Everybodys locked down at home no apparently adult conversations are happening so none of this is being discussed but it does seem like they all know Everybody Knows its over the whole fiats system value
There was an endeavor to get to the city yesterday but we were landlocked yesterday, drove into the city under the trees. It was a little scarey we are back and it is nice to be here it feels like home good to have you back, andrew this is the situation that we probably havent given focus it deserves still millions without power 1. 4 million in new jersey without power. I know connecticut was hit worse. That storm even though a tropical storm, not a hurricane, stronger than anticipated. The wind event and damage significant. I appreciate it still trying to dig out from that today a lot of people that will be without power for days starting with the markets this morning. The nasdaq on another record six straight games it closed just below 11,000. Just north of 10,998 youll see this morning, us equity futures are not pushing above the 11,000 mark just yet six days in a row weve seen gains. This morning, indicated down by 20 points. The fourth day of gains for both the s p 500 and the dow