Francisco at 73. Robin. Thank you john were checking in on the traffic around the bay area which has some thinned out nicely we started off with several minor problem, so everythings out of the way so well check in on the bridge is an update those drive times for you like 92, theres a crowd leaving hayward heading over to the peninsula but youre only averaging 13 minutes off to highway one oh one here at the bay bridge. Almost delay free i was just about to say no delays by season. Cars slowing down just a little bit at the pay gates, but thats nothing 10 minutes into San Francisco here at the Richmond Sandra fell bridge. The fog has rolled in a folks about their wipers on ive seen some drizzle. But no big problems across the span and a dense fog advisory remains in place for the golden gate. Its really think youre cant even see the towers anymore be careful out there 20 minutes rolling south nevado to San Francisco area. Thanks a lot robin, i know one and our top story this morning. T
Prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing of waiting is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central bank by the safe assets the government bonds some of the Corporate Bonds that are held by Institutional Investors the Institutional Investors will then bible and slightly risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality where there isnt enough demand in the economy and what youve seen is those investors just buying other types of Financial Assets buying up really. State in Capital Cities around the world which is why people g
A christmas phone call. Rang me because he spent christmas with me and my family in 2010. What time is he sounded when he said to me but im slowly dying in a. Car broadcasting live from our studios in moscow recapping the weeks top stories with our Weekly Program this is R T International glad to have you with us. 1st restart in iraq or 6 people have been reportedly wounded after several rockets hit in baghdad including an area near the u. S. Embassy heavily fortified green zone which houses government buildings and Foreign Missions the developments follow the United States assassination of irans most powerful general in an air raid at Baghdad International airport on friday President Trump has tweeted that if iran strikes u. S. Military personnel or bases the response could come in a disproportionate manner. These media posts will serve as notification to the United States congress that should iran strike any u. S. Person or target the United States would quickly and fully strike back
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do thi
Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying my wages group think they think that entrepreneurs Small Businesses big corporations they will be investing. Its all about the private sector a little do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central ban