Soldiers is confirmed and lets move over to asian markets where the shanghai composite is up on the week its hitting new 52. 00 week highs the composite gained 2 percent on friday alone after positive data showed increased prospects of economic recovery after the pandemic in hong kong the hong saying also up this week with 3 percent gains on thursday this is after promising news regarding a possible vaccine friday saw gains due to positive Economic Data and even a better than expected jobs report out of the us now some of the biggest winners this week for hong kong were the Hong Kong Exchanges and a clearing ltd and tech giant 10 cent which both hit the 52. 00 week highs japans nikkei also hitting that same trend and is up the end lost 2 percent early in the week due to a global search and coated 19 cases but it clawed back those losses as positive data raised sentiment over to india where the sense that. Is also up for the week as it finished with 3 Straight Days of gains this was pus
2 percent on friday alone after positive data showed increased prospects of economic recovery after the pandemic in hong kong the hong saying also up this week with 3 percent gains on thursday this is after promising news regarding a possible vaccine friday saw gains due to positive Economic Data and even better than expected jobs report out of the us now some of the biggest winners this week for hong kong were the Hong Kong Exchanges and clearing ltd and tech giant 10 cent which both hit the 52 week highs japans nikkei also hitting that same trend and is up the end lost 2 percent early in the week due to a global search and coated 19 cases but it clawed back those losses as positive data raised sentiment over to india where the sense that it is also up for the week that finished with 3 Straight Days of gains this was pushed up by the countrys Largest Company Reliance Industries but concerns are growing as india is seeing a. Record increase in corona virus cases in australia the a. S.
Dot com stay with us now for the Financial News in the kaiser report. Hello there im max kaiser this is the kaiser report the show that goes there. Days hey max by the way you know its just a week and a half from today that we will d be imposing tariffs big tariffs on european goods this is a bit of a shock in the past came out of the blue we were in these trade wars cold wars civil wars we had all these wars flying back and forth alone behold suddenly we start sanctioning well imposing tariffs on european goods and this is based on a w t o ruling that they decided that in fact air bus had provided 7500000000. 00 worth of subsidies to air bus from the European Union nations so we get to impose some and of course child picks out all the nice foods if he doesnt apply you know he famously it likes things like hot dogs and hamburgers and burger king stuff and donals and junk food so hes applied it to things like stilton cheese ing google and stuff like that not bring. One. You know this is
Pay the 10 or 20 up to between 10 and 25 percent of the various tariffs being applied i believe its 10 percent on air bus products so there is that but also you know its interesting that you mention the printing of money and. Like why is the fact that say for example the e. C. B. Has printed more money than the Federal Reserve bank why is not that considered a subsidy as well like oh are we going to start getting down to that sort of micro level whos printing and cheating more theyre all cheating essentially is what theyre saying but some are cheating faster and harder than others right its a form of cheating again when you leave the Gold Standard theres no way to have an accounting or a Balance Sheet that shows exactly whos trading with who and what a sorts of silly print money to cheat to undermine to try to grab a few extra pennies or euros here and there and that it is part of the scheme and that is what happens when the f. E. M. A. Money and Central Banks and. And and fractional r
Thing collapses which is now a dead certainty well speaking of dead certainties of course the air bus doesnt drop out of the sky as frequently as the boeing airplane so now unless we want to pay the 10 or 20 up to between 10 and 25 percent of the various tariffs being applied i believe its 10 percent on air bus products so there is that but also you know its interesting that you mention the printing of money and. Like why is the fact that say for example the e. C. B. Has printed more money than the Federal Reserve bank why is not that considered a subsidy as well like oh are we going to start getting down to that sort of micro level whos printing and cheating more theyre all cheating essentially is what theyre saying but some are cheating faster and harder than others right its a form of cheating again when you leave the Gold Standard theres no way to have an accounting or a Balance Sheet that shows exactly whos trading with who and what a sorts of silly print money to cheat to undermi