Led. By a. Watch is true watch is faith. In the world corrupted you need to descend. To join us in the depths. Or remain in the shallows. Why bargain. Well here are the lines for those of you keeping score. Cities are on fire. 40000000 unemployed. In america. G. D. P. To the climb by 50 percent in the 2nd quarter. The velocity of money is dead. Small businesses are. And jay powell said german says this. Is in france theres a flood of signs. This is the one business show you cant afford to miss. In washington coming up protests across the United States lead to an arrest and just order all in response to the death of george boyd will discuss Police Brutality and income inequality drug makers are focused on a run a virus but one will be ready and how soon is too soon we have a director who specializes in vaccine to discuss we have a packed show for you today so lets go and dive right in. Chaos continues in major cities across the United States over the last few days fueling protests went
This story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. Greetings and salutation. The United States of america is on fire in the course of just over one weeks time thousands upon thousands of protesters have taken to the streets and city after city across the country from sea to shining sea to announce in one unified voice that black lives matter and that the violence and institutional racism of the u. S. Criminal Justice System and is now. The rebellion my friends has begun and i dont use that word lightly i dont use rebellion lightly and while this massive uprising may have begun on the streets of minneapolis with the murder of the 46 year old black man george floyd by 4 Minneapolis Police officers for the horrendous crime of supposedly buying cigarettes with a counterfeit 20. 00 bill no make no mistake that the spark that ignited this fire was actually lit centuries ago when the 1st a
So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this i
Corrupted you need to descend. To join us in the depths. Or im a bit loose shilohs. 5th of june but the one business show you cant afford to methamphetamine to stay open in washington coming up the Senate Banking committee question a 2 top ranking officials on a 2 trillion dollar relief package causing some stocks to slip but Video Conferencing serve at those have become extremely popular but how things are they and which one is best to use will discuss on a panel later show for you today. The less so and i write this. The World Economy faces a potential lengthy coronavirus recovery london based i. H. S. Market said it expects the Global Economy to shrink 5. 5 percent this year now thats triple the damage from the 2008 financial crisis and a new report by the World Economic forum surveying risk managers is now suggesting this will be a long lasting global recession a contraction for the next 18 months managing director of the World Economic forum saudia he said the crisis has devastate
A region where look you cant beat. Dr drew well here in the alternate reality what i want to say is that we are now i think in a similar situation contrary to my friends who claim listen now its your medical Health Care Safety problem forget about. It now precisely those in power and that are operating different knew well basically most are not overseas needs even if the house and its not the bar the capitalist machinery araby no wed have to be mundane if what they called the police but then became just the go little stinker that youre neither trained the opposite to that which i find no less. Andrew cuomo and any could meet so recent weeks even. Promising to those who can afford isolation perfect bob as they call it no doc if you trip. You i didnt take in your actually get up i commend their own brink you go medically examined you get them digitally and show one and so on. Dont do that isolation but you know what these letters are for get. That london less somebody has to be out there