A big question about Political Risk heading into november. Francine we will have plenty more on u. S. Politics. We start with Leslie Vinjamuri shortly. Lets start with first word news with ritika gupta. Ritika joe biden is counting on thela harriss ties to Africanamerican Community and herself branding as a prosecutor. As a progressive prosecutor. She is the first black woman in the first asianamerican on a major Party President ial ticket. Before being elected to the senate, she was californias attorney general. Upcoming trade talks with the u. S. , bloomberg has learned to chant that chinese will bring up President Trumps second ban on the two apps, wechat and tiktok. In hong kong, media tycoon jimmy lai has been released from jail after being arrested monday, the most prominent figure detained yet under chinas sweeping new National Security law. It is seen as a sign of how hong kongs independent Justice System is being undermined. The apple daily is critical of chinas communist part
I am max kaiser this is the kaiser report i learned a new word in spanish see ya do yes. Actually its already just made up actually its not even that its a word stacey made up. This well this is a good time to introduce me Stacey Herbert because i invented this new word adios and well just seeing this tweet here would make you think its time its bye bye for this is from mario draggy the tweet is from the e. C. B. And they are quoting mario draggy who is outgoing head of the e. C. B. Negative rates will not provoke the collapse of the Financial System this is what mario draghi claimed as soon as you get official denial of course that is when to believe we are about to witness the collapse of the Financial System. From. Big countries accumulate big positions in gold thats an exit from because we know that over the past 300 years no fear money has survived theyve all gone to 0 the average lifespan being 27 years with the exception maybe the british pound but its lost 99. 5 percent of its
Latest on all the stories you can head to dot com and stay with us for the cars were talking about russias gold reserves and negative Interest Rates in europe and if youre watching the u. K. More Financial News next. I am max guys or this is the kaiser report i learned a new word in spanish see ya do yes. Actually its already just made up actually its not even that its a word stacey made up. This well this is a good time to introduce me to Stacy Herbert because i invented this new word adios and well just seeing this tweet here would me q think its time its byebye for fiats this is from mario draggy that tweet is from the e. C. B. And they are quoting mario draggy who is outgoing head of the e. C. B. Negative rates will not provoke the collapse of the Financial System this is what mario draghi claimed as soon as you get official denial of course that is when to believe we are about to witness the collapse of the Financial System. From. Big countries accumulate big positions in gold tha
Encouraging the fed to catch up to the e. C. B. And other Central Banks to go negative now you dont have to know that much about history to know that this same exact thing happened prewar all the war to it happened after the financial collapse of 1929 we saw a beggar thy neighbor policy and this is active all out is starting to become all out its been slow its been kind of quiet and polite for the since 2008 but now its getting aggressive all right so you know. Money has a perfect track record of always failing its never survived and so why should we believe them this time when they start telling us that they have a scheme a cunning plan to make their money stop going to 0 so heres an article from Bloomberg Bloomberg dot com and of course bloomberg is associated with the Financial System and wall street and writing headlines about wall street so here is their headline about fiance yos essentially because again they look from 2008 the financial crisis 10 years ago and they noticed in th
That over the past 300 years no fear money has survived theyve all gone to 0 the average lifespan being 27 years with the exception maybe the british pound but its lost 99. 5 percent of its purchasing power so to stay in fear is an admission of venezuela i want to lose all my money or yeah im the 1. 00 more republic its all going to go to 0 people are exiting fear out there fear i have you listening. They are saying and of course we are here and. We go at a bit coin conference and this is the solver an individual saying adios to their exiting because they see that these negative rates are destroying capital and we see that the negative rates are destroying economies in fact when the e. C. B. Cut rates further this past week actually the netherlands france and germany their central bankers were urging the e. C. B. Not to do this because there was a Strong Capital of course our president in the United States donald trump was encouraging the fed to catch up to the e. C. B. And other Centr