Economy is earnings go to the top 110th of one percent now i have often used the phrase financial terrorism that will probably become in vogue in the next 6 to 12 months weve said that we have a global empire of debt and that is its currency its a us dollar since 1701. 00 weve had no gold backed global unit of account to spend the u. S. Dollar and nobody knows how much they print we cant ever really know how much they print it does give them an exorbitant privilege and weve talked about this being a period similar to previous periods in history or an empire that begins to decline it always happens as hemingway might say slowly and then all of a sudden its just its seems to be coming all of the sudden recently that the empire is like noticeably declining when you have the likes of mark carney saying this to a meeting of central bankers m. R. Carney the head of the bank of england saying this to. Other central bankers and jackson hole i was in close enough when he says that so here vanda
The press the Mainstream Press what we were we were accused of talking about heterodox economics when we pointed out that the phrase financial repression is just a euphemism for stealing and people say well its the debts heterodox economics you know say the c. And b. C. Or a. B. C. Or n. B. C. Or b. B. C. Because its not orthodox its not what all of the elite in the economist who go and get their doctorate from universes chicago is not what they think right now the heterodox are becoming mainstream because of this phrase called financial vandalism so people are out right under recognizing the fact that the policies of in the Interest Rate setting whether there are 0 or negative its about transferring wealth up its about moving trickle up financialization where the bulk of the economy is earnings go to the top 110th of one percent now i have often used the phrase financial terrorism that will probably become in vogue in the next 6 to 12 months weve said that we have. Global empire of de
Heterodox economics when we pointed out that the phrase financial repression is just a euphemism for stealing and people say well its the deaths heterodox economics you dont say the c. And b. C. Or a. B. C. Or n. B. C. Or b. B. C. Because its not orthodox its not what all of the elite in the economist who go and get their doctorate from universes chicago is not what they think right now the heterodox are becoming mainstream because of this phrase called financial vandalism so people are out right under recognizing the fact that the policies of in the Interest Rate setting whether there are 0 or negative its about transferring wealth up its about moving trickle up financialization where the bulk of the economy is earnings go to the top 110th of one percent now i have often used the phrase financial terrorism that will probably become in vogue in the next 6 to 12 months weve said that we have a global empire of debt and. That is its currency its the us dollar since 1981 weve had no gold
Morning. Nineyearold Prince George. And seven year old, Princess Charlotte. King charles iii says he has been a deeply touched by messages of condolences. He says the country has been moved beyond measure by the millions of people paying their respects. Some of the final public mourners to see the queens coffin are walking past now. Lying in state. Closes at half past six this morning. The National Mission that of silence was held across the country last night. Officials say it will be fixed in time for this morning service. Hello and good morning from Central London, on what is expected to be a grand and deeply solemn day. The funeral of Queen Elizabeth ii will take place in Westminster Abby just a short distance from here. It begins at 11 am. Now large numbers have gathered on the mount. Police say they expect record crowds in the capital. An unprecedented Security Operation involving thousands of extra Police Officers and armed voices personnel is underway. The queen has been Lying
Tories to stand down include former Pm Theresa May and former Health Secretary matt hancock. Health secretary matt hancock. Rishi sunak has been greeted by a group of pro Palestine Protesters as he visited a college in the West Midlands this afternoon. The situation was described as tense as the pm arrived at south Staffordshire College in cannock. The last stop on his uk tour. College in cannock. The last stop on his uk tour. Police stop on his uk tour. Police officers formed a guard for mr sunak as his entry to the college was delayed and he was quickly ushered into the building as the crowd surged around him. Whilst inside , around him. Whilst inside, activists with banners and flags chanted free palestine labour chanted free palestine labour has ruled out any deals with the snp after the election , even in snp after the election, even in the event of a hung parliament. Sir keir starmer has been campaigning in the east of glasgow today. Thats one of the seats hes hoping to take from