Pence prepared to trade blows in a televised debate just over a week after the chaotic president ial showdown. Over live from moscow this is international its just turned midnight here its now thursday the 8th of october welcome to world news 1st russia has dismissed the findings of the Global Chemical weapons watchdog the o. P. C. W which said nerve agent was used to poison high profile kremlin critic alexina valmy. Until youre given documents materials samples material evidence we will consider all that surrounds this incident an unbridled Propaganda Campaign of lies or simply put a low grade provocation its purpose is obvious denigrate russia with unsubstantiated accusations and thereby create a far fetched reason for introducing another tranche of sanctions against our country moscow says it still awaiting any response to its repeated requests to germany asking to be allowed to cooperate in the investigation alexina valmy fell severely along with the best. Rusher in late august he
It appears what is called the case shaped recovery is permanently dividing the country and to haves and have nots and this seems to be acceptable for those who are the house. To discuss this and more im joined by my guest Michael Hudson in new york is a professor of economics at the university of missouri kansas city and author of through give them their debts and in bangkok were joined by steve keen hes a crowdfunding professor of economics on a tree on as well as a distinguished Research Fellow of the institute for strategy resilience and security of University College london gentlemen crossed up rules in effect that means you can jump in anytime you want and i always appreciate it ok let me go to michael in new york you know this just term the new normal. Bandied about and what really worries me is the people that use the new normal where its a normal that is beneficial to them ok and theyre not particularly concerned about it ok because i hear more and more talk read more and more
It ok because i hear more and more top read more and more about a cave recovery and that is that in michigan a defeat in my in my opinion because it means the if you have the k. Its the the leg of the k. Youve given up on ok because the other part. Of the economy its true because its that in their benefit here i really worry when people talk about new normals and when they talk about the economy youre my friend well who has become normal since 2008 has been completely different from the old normal people have the normal youre go back to a balance but really the economy hasnt grown at all since the 2008 crisis all of the growth in g. D. P. All of the growth in wealth has accrued to the Financial Sector to the real estate sector to the one percent for the 99 percent oh theyve gone down and down and down so the new normal is you cant get rich again by hanging out. And joining the middle class like you goes through the new normal has all of the year increase in wages in service in rents an
Next hour right now though it is the kaiser report stay with us. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investments in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milk
Have witnessed what is the greatest failure of any president ial administration in history of our country. Politics and peoples lives. Would. Cope with the death toll on the country seeing a new surge of Infection Health ministers praise for the governments handling of the crisis is called into question. The state of the u. S. Economy as it faces a socalled recovery ahead of the u. S. Election. To bring you the Morning Headlines in just under an hours time join us again that. Hello and welcome to. You considered im Peter Lavelle him. Maines unclear who will be the occupant in the white house this january what can be easily predicted is the state of the economy where tens of millions of citizens it appears what is called the case shaped recovery is permanently dividing the country and the haves and the have nots and this seems to be acceptable for those who are the house. To discuss this and more im joined by my guest Michael Hudson in new york is a professor of economics at the univers