from outlets that have sources inside north korea saying it appears that there s a lockdown. now, what we do know is that february is a month of anniversaries for north korea. there is a key military anniversary on february 8th there might be a military parade and the late leader, kimjong il, his birthday, called day of the shining star, is on february 16th. so, these are big propaganda moments, so they will most likely be trying to restrict traffic in and out of pyongyang to make sure that those moments go smoothly. now, i do think, as you mentioned it s as you mentioned, it s an extremely cold time of year. i mean, 30 below zero celsius i know how cold it is. people are probably very sick, but they re not allowed to call it covid. we do know they share a long border with china. they have been very strict about stopping any traffic and smuggling between china and north korea, but it s quite possible
if he had, we know that he didn t get what you want it. also remember, the gates loves to be in front of the cameras a microphone as much as everyone else. i size tory that said that matt gates is the most hidden man in the republican conference, mission accomplished, that s exactly what he wants. again, gates is sort of the shining star of the insanity, but a lot of the rest of these folks are right in line with him. mark green, who is just elected chairman of homeland security committee, is not only pro trump, but also pro 16 big lie guy, he had something to do with brazil. so, i think these are the folks that are now running, everything as jason said. and i think the funny thing, is i was reading about the new ways and means chairman, the tax writing committee, and i said we re gonna follow up on the success of the tax cuts and jobs act, which is what trump got, done which gave massive, massive tax cuts to the wealthy. what we saw is that it blew a
these utility rates. the markets collapsed even with this news. the pound fell too another, what, four-decade low. so she s having a tough time winning them over on the traditional things that conservatives run to to sort of give the economy a boost. what did you make of that? well, the problem is deficit that is going to continue to grow, neil. yes, tax cuts announced, there were caps on energy bills announced. there was some who herald this as a new dawn in the u.k., it s just not the case. the problem is the fundamentals means the deficit s going to grow. that that is why we saw the pound slaps and why we re going to see pound-dollar parity. i think it s a lesson here when we think about what is the trajectory for the u.s. economy, we re looking at recession talk getting louder. but we you have this problem. the u.s. is also facing a deficit issue neil: yeah, only so much you can do can. guys, i m jurying on you, but we re following developments at the border and particularly
attributing that to the dobbs decision and the abortion issue giving democrats a little bit of a surge. but you also, it s going to be very difficult because republicans still, the economy is the number one issue in the nation at many different polls. and republicans don t have to gain that many seats to win control of the house especially. so it is a mixed bag, and you have joe biden yesterday at a dnc event saying that he s more optimistic than ever before right when the stocks are sliding neil: right. and that, super, happens again and again. susan. that tone deafness, whatever you want to call it, not minimizing climate change, that s fine. yesterday might not have been the day to do it. talked about the inflation reduction act, probably on the day we had an inflation stat that shows it s getting worse, and the markets are tanking, not a good day to do it.
why their inflation s so bad and then a lot of that money was incentivizing working less. that s really what it did. work at home, work less, be less productive but consume more. it finally broke a multidecade decline of inflation which boosted stocks and made this economy the shining star of the globe. and that could be coming to an end. and the reason is we re trying to solve it just with high higher inflation and ignore the part hat government gave trillions of dollars out that, ultimatelyly, they would have to suck back in. we might have to go to 7-8% mortgages to break that market as well as the consumer. we ve already seen all the tech stocks collapse just like the 2000 bubble, all the ones you just showed. not the monopoly one, but the consumer ones. and now the question is are we going to have the real estate crash, because the last time mortgages were this high, we just got to 6.5% neil: that would be a big worry. so, or danielle, if it extended to real estate we don t s