A market is going to shrink and shrink and so we look like greece looks up in the last 5 years the think of the normal slipping away groups that if lation and rent this lady should be ok stephen well im really glad that michael brought up the 2008 financial crisis as we have a reputation a reputation about it and it in this year where this was a artificially induced recession benefited the one percent you cant not keep stressing that year but what 202020 in 2008 have been common is that you have this massive transfer of wealth upward again upward again ok and so again i mean my underlying theme in this whole program is that half the country liberate speaking specifically about the United States that michaels reference to greece is a perfect one i think youre basically writing off tens of millions of people america hundreds of millions of people in the western more heads yeah i mean to do the work which sane. Is a process where the wealthy who go will they go through debts and this is s
It ok because i hear more and more top read more and more about a cave recovery and that is that in michigan a defeat in my in my opinion because it means the if you have the k. Its the the leg of the k. Youve given up on ok because the other part. Of the economy its true because its that in their benefit here i really worry when people talk about new normals and when they talk about the economy youre my friend well who has become normal since 2008 has been completely different from the old normal people have the normal youre go back to a balance but really the economy hasnt grown at all since the 2008 crisis all of the growth in g. D. P. All of the growth in wealth has accrued to the Financial Sector to the real estate sector to the one percent for the 99 percent oh theyve gone down and down and down so the new normal is you cant get rich again by hanging out. And joining the middle class like you goes through the new normal has all of the year increase in wages in service in rents an
Harm than good. And Health Emergency in mexico and latin american countries stepped up measures to combat the outbreak. Welcome to the program more than 4000 people in the u. S. Have now died from corona virus the u. S. President is warning americans to prepare for a very painful 2 weeks the country saw its highest single day death toll with more than 800 deaths on tuesday White House Health experts say the virus could kill up to 240000 people but without Government Intervention the number could rise to 10 times that mike hanna has more from washington d. C. For the 1st time the task force presented its predictions of where this pandemic may be heading saying this could now be done because of a more detailed flow of information from across the country the Scientists Say the virus could kill between 100240000 americans but without efforts like social distancing Counter Measures like shutdowns the toll could go. They modeled the worst Case Scenario of 1500000 to 2200000 deaths so what we
Hell be here in about an hours time with news cross talk is next though discussing the role of ukraine americas Political Drama and if youre watching in the u. K. Stay with us for political talk show renegade. And welcome to. You consider. Not long ago it was russia russia russia now its Ukraine Ukraine ukraine partisan hacks media. Americas Political Drama. Here. Cross talking some real news im joined by my guest to me hes a political analyst and editor at innocent the internet media project and in london we crossed alexander material he is a writer on Legal Affairs as well as the editor in chief of the duran dot com all right gentlemen crosslike rules in effect that means you can jump in anytime you want and i always appreciate alexander let me go to you in london im so pleased to have you india on the program here just the 2 of you because it gives you more time to talk about a story that is much more complex and longer than audiences in the west are being given by the Mainstream Me
And the United States now the predicate of all of this the larger the biggest picture of all is nato expansion is to bring ukraine into the Nato Alliance why because it will give a reason for nato exist thats always been their mission they exist because they need to expand and if they dont expand they dont need to exist and of course the cherry on top of the cake is always its an anti russian moot point so give us a larger picture or since they want of the word is very popular in the western media give us the predicate of ukraine in americas Political Drama alex go ahead of what you said peter that it goes back to 2014 it actually goes back even before all because of course when the u. S. Is broken up ukraine which i mean one of the big constituent republics of ukraine the u. S. Is so there was this policy of basically keeping it is distanced from russia responsible. And this linked up with his policy of western expansion of nato which the western powers had promised the russians in 19