Theyre doing and everybodys looking at the e. C. B. To cut rates that they can lend to businesses and grow the economy but actually over 85 percent of all bank lending is for properties and property bubbles so were stuck with that right i mean thats a transfer payment and they use derivatives these modern channels of banking and conduits to collateralize the property in the modern cars the french government the time simply seized via the Catholic Church their property securitized it and sold their currency back as such but here in the 21000 area they did they do it using reverse collateralized mortgage obligations and fancy wall street products but as you point out so so well there this is a replay of all the elements that led to the french revolution using Financial Engineering and securitization and. Riveted to debase the currency. Of his Art International story breaking into i showed you a program of codes reporter for enjoying it you far more a lot of course were going to go back t
Look like non winners mark charles is only the 2nd native american to run for the u. S. Presidency his campaign is small has a source is tiny but he believes he is a big message and that the u. S. Is ready for something new from someone whose roots go back to before america was america alan fischer aljazeera washington. At least 10 soldiers have been killed and several wounded after unidentified militants stormed a military unit in northern bikini the attack happened in. Soon province the military said it could be the countrys deadliest attack against the armed forces is in 2 of months of violence with the deaths of hundreds of civilians all more than 150000 have fled the clashes. There have been subdued independent celebrations in afghanistan after more than 60 people were killed in a bombing at a wedding reception at a small ceremony to mark a 100 years since the countrys formation present ghani promised revenge for saturdays attack in kabul i saw has claimed responsibility for the b
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