Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Feel like its extreme you know Public Interest the attacks on me a former news week reporter launches a blistering attack on the magazine for fusing to run a story he wrote about the alleged chemical attack in the syrian city of doom but last year. Well those are the headlines and thats it for me for now im to follow will be here with you next hour to take you through all the news from around the world and stay with us for the kinds of reports next here on our international. I am max kaiser this is the kaiser report were getting ready for the global showdown central bank that being the i. M. F. In this case versus bitcoin the venue argentina thats why were here were here now were witnessing historic epic proportion of it yes of course when we booked to come here the currency crisis was not in such a full swing now it is we have a new president elect here and he has turned down the last 11000000000. 00 payment from the i. M. F. But i just want to say on our observations im here with the
Relief. And. Stepped up its missile test. To read more about those stories and others at r. T. Dot com coming up next it is the latest casualty with. I am max kaiser this is the kaiser report were getting ready for the global showdown central bank that being the i. M. F. In this case versus bitcoin the venue argentina thats why were here were here now were witnessing historic epic proportion of the vote yes of course when we booked to come here the currency crisis was not in such a full swing now it is we have a new president elect here and he has turned down the last 11000000000. 00 payment from the i. M. F. But i just want to say on our observations im here with the National Color here i look i feel like i look like Lionel Messi Gomez 6 gold bowls must be having. I have been a little bit surprised about how. How would you say posh. Its hours and hours of walking across the city and all sort of directions that it feels probably even more prosperous and living in paris being in paris i
A weapon to fight the carpet baggers at the i. M. F. The charlatans like Christine Legarde and that would be bitcoin but i noticed on a local bitcoin use in big coin in argentina is skyrocketing this is were ground 0 is in the big coin versus central bank its happening right here what is there is right here in argentina yes the population of oneness are of argentina has soared since 880 prior to that there were about 2000000 people here and now theres 40 something 1000000 but i just want to go over the date on the economy and just so you understand according to the i guess its the World Bank Data 518000000000. 00 as their g. D. P. In 2018 and thats down from about 637000000000. 00 in 2017 you know this guy makary he was hailed kind of in the western press anyway as a great meal liberal reformer and hes going to bring deregulation and all sorts of boom times for the economy but he did end up taking a 50. 7000000000. 00 i. M. F. Loan in 2018. 44000000000 of that has been dispensed and si
Walking across the city and all sort of directions that it feels probably even more prosperous and living in paris being in paris it is kind of odd to see this situation and i think part of it is that theyre so used to currency crises here that its almost like theyre so prepared for it that when it comes its like oh great everythings discounted for us all the argentinians are resourceful people you cant take away their dignity and thats what they have and its based on a fantastic culture fantastic people the here and one desirous of meeting so many fantastic people and the cultural depth is extraordinary unlike the u. S. Where the there really is no culture other than hollywood here you have hundreds and hundreds of years thousands years of culture youve got the influence of folks coming from all over the world principally italian and its just fantastic and you know what were seeing here is a resilience to the overlords from the Central Banks like the i. M. F. And for the 1st time in h