What we suspected would happen 10 years ago when we 1st started for all those happy days ago you know they got the Lehman Brothers collapse happen you know and that was the result of insolvency but we were told that it was a problem of illiquidity and we were told that Lehman Brothers and bear stearns and the wall street banks had done nothing wrong that it was just crazy unfortunate freak accident that they ran out of money suddenly because of all the bad loans that they made to people that couldnt possibly pay them back and that they taxpayer in the Global Economy should take a step back and 17 or 18 trillion dollars needed to be printed to bail out warren buffet to bail out wall street banks so that they could keep their yacht payments going and buy. You know billionaire row apartments in new york city for 250000000. 00 as weve just seen recently or to invade london and buy properties for 120000000. 00 thats money that was given to them by the Central Banks and the 2008 crisis to av
A period of growth now and were seeing that the American Peak will hit so itll be time for a 5 year vacation again. Im not sure where but somewhere but this is. Take of bitcoin and say adios into the sunset i think were done well this is in the you know the context of all these guys like unlike selling all their equities theyre getting out and buying bonds predicting a huge recession because if the u. S. Obviously is in its own space like its beyond all of the emerging markets europe and japan and terms of where their stock price is. Now over to italy which of course has had catastrophic economic story happening there and weve been again covering this for 10 years the European Central bank has managed to keep it afloat by buying all their bad bonds some of their rate some of their bonds i believe at negative Interest Rates even and italy and yet you know if everything. So hunky dorey italy proposes tax on savings hidden in safety deposit boxes as total retail deposits hit fresh all tim
Discrimination action pushing the truth genders. Youre watching are to international bring you your live news update from our studio here in moscow welcome to the program. Says he called off a strike against iran with just 10 minutes to spare their talk was meant to be in retaliation for tehran downing a Us Military Drone over the gulf region strait of hormuz. They came in they said sure were ready to go wed like a decision i said i want to know something before you go how many people will be killed. In this case the remains they said came back said sure approximately 150 and i thought about it for a 2nd i said you know what they shot down an unmanned. Drone and here we are sitting with 150 dead people and i didnt like it they canceled strike is the closest the u. S. Has been to a direct confrontation with tara since the white house pulled out of the nuclear deal last year iran says the u. S. Drone had flown into its airspace by washington insists it was operating over International Wa
That they basically raid all these savings these safe deposit accounts and introduce a tax if you if you voluntarily tell the government how much you have in there theyll do a flat tax of 15 percent i dont know what the higher rate will be if you fail to voluntarily disclose it but theyre coming after your savings quit now for those italians that want to keep their savings or put it into because you can escape the confiscation of the government or the vatican whoever runs the country over there and you will preserve your wealth and jurisdiction that respects your sovereignty as an individual and respects your wealth dont live in a country thats just going to rip you off blindly we live in america because they have good speech rights and we dont want to end up like these other journalists that are being beheaded or jailed so we liked our american passport but you know we prefer that but if youre in italy and you want to preserve your wealth dont live there or if theyre going to take it
Covering this for 10 years the European Central bank has managed to keep it afloat by buying all their bad bonds some of their rate some of their bonds i believe at negative Interest Rates even and italy and yet you know if everything is so hunky dory italy proposes tax savings hidden in safety deposit boxes as total retail deposits hit fresh all time high the italian people they have a lot of cash and theyve been putting it into their savings accounts and more importantly in italy they put that into safe deposit boxes salvini is proposing that they basically raid all these savings these safe deposit accounts and introduce a tax if you if you voluntarily tell the government how much you have in there theyll do a flat tax of 15 percent i dont know what the higher rate will be if you fail to voluntarily disclose it but theyre coming after your savings quicker. Well for those italians that want to keep their savings you put into it because you can escape that confiscation of the governmen