Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants in an economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q. E. , quantitative easing, which really has one major purpose, which is to raise asset prices. Yeah, weve been talking about this for a while. David blanchflower is one of the central bankers who speaks openly and honestly about whats going on here. So who covers business a lot over there in the u. K. Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for, according to recent analysis, about 50 percent of the dow jones is attributable solely to money printing from earnings, which are in fact going down. But from stock buybacks and other tri
And flower calls it out the way it is. That is for sure, this is all the product of money printing. I mean, its amazing, like this is what we talk about. This is part of the problem that has been going on since 2008 since the 4th turning since the arrival of the new generation into the marketplace of jobs and the economy and they find out its a burnt out wreck of cantillon effect and over priced assets, right that all the young people, the 20 year olds, the 25 year olds having to enter the market with central bankers for the past 10 years, especially 12 years, especially have been pumping up asset prices. Well, that locks out the young generation. So were like, what good is that at the benefit of all the people who the boomers, especially who became of age, who came of age, got their 1st jobs, bought their 1st houses at the beginning of this cantillon effect at the beginning of this ponzi scheme. Since 1071. 00, when the u. S. Went off the Gold Standard, so why youre trying to keep tha
Election demonstrates is that 5 of the Congress Building in guatemala is capital angry over cuts to health and Education Services and in sport. Rafa nadal his quest for his 1st ever a. T. P. Finals title has ended. A 20 time grand slam champion was stunned by russias Danielle Medvedev at the season and examined. We begin this news hour in ethiopia, where Government Forces say they plan to encircle the capital city of the northern tier, a region with time and then seize it. Mckelway is controlled by the Peoples Liberation front Government Troops launched an offensive on the group this month. Now the Reuters News Agency is reporting that the t. P. I. Left says its Standing Firm and has destroyed roads and bridges to stop the government advance. 100. 00 ad is in for more on the fighting for us and mamma tell us about the advances that the government says its making. In t. Gray. When more on Government Forces vans in on the city of from the north, south and west than parts. And they say to
Great millions of people head to the polls of the king of fast despite threats of violence. We begin in the United States where the head of the Vaccine Program says the 1st americans could be receiving it as soon as december 11th months of ways says the plan is to vaccinate 20000000 people before the end of the year. 2 vaccines are up for approval. In early december, early dancer shows need to be 95 percent effective. Our plan is to be able to ship vaccines to the immunization sites within 24 hours from the approval. So i would expect maybe on day 2, after approval on the 11th or on the 12th of december, hopefully the 1st people will be immunized across the United States, across all states. In all the areas where this, the state department of health will have to told us where to deliver the vaccine. Col haim is in washington d. C. For us. So this looks like a major turning point in the global fight against covert 19, right . Well, it could be to seems like some, finally, some good news
The first thing i should do is express my condolences on the death of six american members in sinai. You know the pain of the loss of the people who will who were killed last week. They were killed along with fellow peacemakers from france and the czech republic. So we honor their memory and their thoughts and prayers are with their families. We worked together closely for these past four years, first when you were cia director and then secretary of state and from points,o unique vantage you see firsthand evidence of what i have been saying for many years, that the United States of america has no better friend than the state of israel. And you can attest to that in a variety of ways. But you also worked hard to prove the other thing that im saying for many years and you contributed to it personally, that israel has no better friend in the world than the United States of america. And over the last four years under President Trump and his remarkable team, led by you and ambassador freidm