About the law or prison so youd have wallace though should have. A terrible life between now and then. And this is boom bust the one business show you cant afford to miss branch of war in washington coming up the corona virus has now taken hold around the world but to varying degrees we take a look at the globe and check in on the numbers as they stand now plus markets have seen one of the worst quarters in history of the outbreak infects trading and has stalled International Growth and things are looking any better at the start of q 2 we bring you. Analysis on the issue. With the lions share of focus aimed at the pandemic trade issues may have fallen by the wayside we dig into the new details of trade and what lies ahead after the outbreak with a packed show today so lets go and die write it. And the United Nations on tuesday called for a large scale coordinated and comprehensive response to the coronavirus pandemic while speaking about the intergovernmental organizations plans u. N.
Details of trade and what lies ahead after the outbreak of a packed show today so lets go and dive right it. And the United Nations on tuesday called for a large scale coordinated and comprehensive response to the coronavirus pandemic while speaking about the intergovernmental organizations plans u. N. Secretary general antonio terras said the world needs to come together to fight the spread of the virus. Hes essential. To bolster their Health Systems and their response capacity to stop to this mission. Otherwise they still nights when it is easy spivey like wildfire globals always gives of this. And the prospect of that is emerging when it was previously suppressed. And the secretary general also addressed the Economic Impact of the pandemic saying this could be the most challenging crisis in 75 years he has an Economic Impact yet you bring a reception at reception that probably is no parallel in the recent past the gobi nation of the 2 facts and the research that it contributes to. I
During the 2008 crisis when we have the oracle on b. B. C. This is my earliest memory of max throwing worthless at the black hole of debt yeah well you know never feed a black hole of debt you know and this is what the strategy has been now for 15 years its actually goes all the way back down greenspan that there was a black hole of debt inside the economy because theres no accountability in the Banking Sector because of all the rules that were got no rhythm during the Clinton Administration then during the Bush Administration and during the Trip Administration all the all the checks and balances for Banking Industry types of been removed so the debt has been growing and the solution is to kill the black hole of debt not to feed the black hole of that so 6 trillion dollar bailout money is feeding the black hole of debt thats just more debt the National Debt in america is going to become more than 100 percent of g. D. P. Itll be chillen a percent of g. D. P. Itll be 300 percent of g. D.
You even have your managers in ring ballets and just like professional wrestling most of the characters you see on t. V. Are being manipulated and created by the one percent who owns the business all in an effort to get you to part ways with your money and your free time modern Politics Today even runs the same story lines as professional wrestling take the recent headline making Peace Agreement signed over the weekend between the United States and the taliban that turned out to be pure w. W. Wheat you had your faces in the form of my pail in the trumpet ministration and then you had your your heels of the form of the taliban just like every contract siting on a w w w e violence erupted before the ink even had time to dry political reports that just hours after United States signed what was billed as a Historic Deal with the taliban to end the 19 year long war in afghanistan fighting had resumed between the taliban and the Afghan Security forces marking an end to the reduction in viole
Charles at this moment all eyes on the Federal Reserve as coronavirus fears rattle the market. Breaks news from boston fed president aaron, give us the news, jennifer. Good afternoon, charles. Boston fed giving a speech in new york this afternoon saying the fed should consider buying a broaderrange of assets besides treasuries should rates go to zero. That policy would require change to the Federal Reserve act, rosenbrend says a facility that could buy assets if treasury agrees to backstop it and offer and hes one that is caution that lowering rates at the risk of pushing investors into riskier assets could lead to bubbles in markets and now suggesting this policy really taking a page out of japans playbook. That would not stimulate the economy. All of this, of course, on a yield when the year on the 10year hitting alltime new low. This is the last time that fed officials will talk before they meet for their policy meeting next week to determine whether to take further policy action, c