Whole the paradigm that weve known since 1971 of the u. S. Dollar standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the u. S. Dollar but if this is over then this is over and its going to be a new start and i think that probably explains some of the actions out of the fat and out of the u. S. Treasury like steve mission was so benevolent such a good nice guy right here saying anybody who i got one of these p. P. P. Loans 4150000 or under basically just keep whatever who cut here cares what i got out of it you just take it i mean this sort of trashing of the dollar is an understanding by the elites by the guys who run the world who run the trade deals who who set global monetary and financial policy theyre saying its game over and we might as well just like to have a real good time while the you know in these last few weeks or months of this system oh right so. America the top 3 economies o
In their border. As your headlines for more of those stories you can head to our team dot com right now stay with us for more great program. This is the kaiser report the world is. So you see its gave her thats what i see when i look at the headlines japans government will start paying us companies to move factories out of china japan to pay at least 536000000 dollars for companies to leave china now they are not heading back to japan they are planning on going to cambodia vietnam places like that other places and south east asia. Remarkable and so why are they doing that. Because there is a period of. Japan as a close ally of the United States the United States is escalating their war 1 against china and there are a few cities trap it could be game over on that on this whole the paradigm that weve known since 1981 of the us Dollar Standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the us d
Largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2973 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd and in a rare move china drop its g. D. P. Target for 2020 the worlds 2nd largest economy made the decision this was due to uncertainties over the coronavirus chinas economy contracted by 6. 8 percent in the 1st quarter well it was as its 1st decline in more than 4 decades and in a Virtual Meeting the World Health Organization said its working nonstop since the start of covert 19 to really help coordinate a response. Do you miss the beginning of the pandemic doubloon john howards world good day and night to coordinate the Global Response also the levels of the organization we are today did the plan earlier this mon
Points. But as more people go back to work, could the sudden tech spending boom that was triggered by the workfromhome movement, could it disappear as quickly as it began . Chairman and ceo of adobe, this is a Favorite Software company of small and medium sized businesses, he is here, first on fox business, on whether we all kind of borrowed from future tech spending to ramp up connectivity and what it might do to tech stocks coming up. With the memorial day holiday soon upon us, will americans give us that once in a lifetime visit to europe or somewhere else for a Summer Vacation closer to home . The ceo of the Worlds Largest travel Marketing Company says one hotel in particular thats announced it will reopen is proving to be the biggest vote of confidence the nation could get. Which hotel and where it is, coming up. Plus, Hedge Fund Hot dogs, pandemic rebound stocks and charlie breaks it on directvs future at at t. Less than an hour to the closing bell, lets start the claman countdow
Let us know what reopening looks like in your part of the country. If you are in eastern or central time zones, 202 7488000. If you are in the mountain or pacific time zones, it is 202 7488001. A special line throughout the morning for essential workers, 202 7488002. You can catch up with us on social media. Message,end us a text 202 7488003 is that number. Good monday morning to you. Here is the headline from the wall street journal last week. All 50 states have taken steps to reopen. Revivers hoping to economies. That is what we are going to talk about this morning, reopening, asking you what it looks like in your part of the country. Here is a map from the New York Times. That map, the blue states are the states in full reopening or partial phases of reopening. The striped blue and yellow lines are regional reopening scum and all states on that map in some process of reopening. , illinois, has had a stayathome order in effect since march 21. That is set to expire on may 29. We are t