And we are out of time we hand it over to melissa lee coming up on fast, follow the yellow brick road, that is the message from the chart master, why carter worth is betting on bullion. Payment problems, the analysts call square tumbling today, and later. One more big uptick, i dont know whats doing it. We have a major trade update from davy day trader. We start off with a big market rally. The s p posting its highest close over 2 months. The nasdaq now up 3 in 2020 a far cry from where we were just a few weeks ago do you believe in this rally, guy . Hi, mel hi, guy no. I dont believe in it at all ive been wrong now for the last couple weeks this move from 2800 has me scratching my head consistently, the paint trade is higher not only was the open of a vaccine the 60 minutes piece with joer oem powell which was somebody like me, stomach turning, when asked, where are they getting this money from, thats one way of putting it, that was a lot of this as well i see what happened today, i g
How much longer would the United States or rather than american the leaves exist on the assumption that the world owes them a living will discuss that im now joined by Michael Hudson and the american economist undistinguished Research Professor of economics at the university of missouri. Professor hudson, its great to talk to you. Thank you very much for being available. Thats good to be here. Now i know that your academic interest on academic ambition is in exploring and writing a history of dat from sumerian times thrown secret teacher feudal europe to the present. That im sure that must have offered you a unique glance onto the american that which has cross 134 trillion mark recently. Do you see that primarily as an economic, as an idea, logical or perhaps as a psychological issue or do you see it as an issue at all on the surface . Its a, an economic issue. Yes. And the logical because of the entire 19th century explained why a death overhead was going to be crushing the economy al
The russian delegation and it, but there was, theres a broader principle involved here. We suppose they have this International Rules based order. And under that International Rules based order, if there is a dispute, youve got to have as an objective standard for resolve that in this case, United States want to make up the rules so it suits itself. And when, when the rules would go against it, it wants to ignore it. Thats whats going on here to stay with archie international up next on role to parks, on, on her guess, discussing the ballooning us that and how much longer the United States can exist on the assumption that the world owes it. A living by the welcome to worlds, a part of living within your means is consider that furniture in many cultures with one notable exception the United States was public doubt girls roughly by a trillion dollars every 100 days. And the past is used to sustain the so called american dream, the amory of the whole world. But the benefits of these seemi
A living will to discuss that im now joined by Michael Hudson and american economist undistinguished Research Professor of economics at the university of missouri. Professor hudson, its great to talk to you. Thank you very much for being available. Thats good to be here. Now i know that your academic interest on academic ambition is in exploring and writing your history of death from son marian times throwing secret teacher feudal europe to the present that im sure that must have offered you a unique lance onto the american that which has cross 13 for trillion. Mark recently. Do you see that primarily as an economic, as an ideological or perhaps as a psychological issue or do you see it as an issue at all on the surface . Its a, an economic issue. Yes. Any logical because of the entire 19th century explained why a death overhead was going to be crushing the economy. Uh, already you know, under marks. Uh uh and uh, the rest of the last of the 19th century people were saying, finance cap
For all t for values where we leave things for now, but just a reminder, if youre in the mood for a little more news and views, why northland r t dot com . Do the heavy lifting, all was fresh developments library discussions to get stuck into there. Check it out by the the whole not for them. So what i just do it and then its get close to the boy is shipped the specialty. Shell get in and then i see it the last a 2nd and lets say skim projects. Theyre completed with bro swelling. Theyre not really in yet. So theyve got, as prosecutors have come to the house are self proclaimed pasta getting out a month and income. Hes been training all for this to serve in the Ukrainian Army for years. Would you much sway the charlo so that this it has lots of good on how to move us toto the j for right. What do you want to do it . Go to the 100 and she would just come to america budget, go for one year score. So the budget go preserve when youre doing the just investigate as a gathering evidence to co