Too. We have foggy conditions all up and down the coastline. Today, clouds will give away to a pleasant afternoon, and highs around the coast at 65, and some 80s as we head inland. Going to be warming up this weekend, ill tell you what more about it. For now i will send it to my good friend, sal, who has been rocking to the cool tunes this morning. I enjoy that so much over here. Thank you very much, kyla. I have some good news in the Traffic Department today as well. Today is lighter than usual. We had a big crowd at this time at the bay bridge toll plaza, but this morning we dont. And that is very good. And i just think more people are getting away for the holiday. This is a look at estate 880, and that there is no slow traffic here in both directions. 7 01, lets go back to the headlines. And we continue to follow breaking news in hayward, where the chp is searching for someone in a stolen car, after a dangerous encounter early this morning. Lets bring in ktvus jesse gary, whose foll
Following an attack on a Maternity Ward and funeral and afghanistan. The European Union is urging Member States to start reopening their borders to help revive the continents summer tourism season. The european Summer Holiday season is worth 160 billion with tourism providing 15 million jobs. The eu says the industry is at risk of collapse unless urgent measures are taken. Glimpse of what going on holiday in some parts of europe will look like this summer. Barriers separating fun loungers on the greek island of santorini. Not the holiday many are you sue but one that complies with new social distancing rules. Ifwe do not want this, but this is necessary and if People Safety depends on the sort of device, then so be it. We just want to work. We want to get going. Nearly all travel stop because of the coronavirus pandemic. The huge blow to the tourism s mainy, one of the bloc economic sectors. Sanitary measures for hospitality and transport services and the reopening of some borders are
Distribution on agricultural goods and facemasks and personal protection a quick man on lysol wipes and things like that has made me really think of the Monetary System and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans and trillions and trillions of dollars even more trillions so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars that are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its no
Supply chain and distribution and the problem of distribution and the problem with distribution on agricultural goods and face masks and personal protection a quick man that lysol wipes and things like that has made me really think of the Monetary System and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans in chile is an chileans of dollars even more chilean so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of a
Of International Settlements guy is talking about is explicit lee pictographic lee portrayed in the money a velocity chart that weve been showing for a few years when a block face come to a dead halt is just gone down every single year because the money doesnt get to where its going on purpose thats by design because if it did then people would use it in ways that would increase the money velocity and wages would start going up and then the wall street ponzi scheme would come crashing down would have come crashing down earlier because thats inflation and inflation is the death knell to bonds and the bonds for 40 years have been the collateral for the ponzi scheme that is wall street because the bonds keep going up in price as long as folks like this guy who is a former banker International Settlements can complain about the last mile financed not going towards going to go then you will always see the need to lower Interest Rates we have a lot. More interest tries to keep the ponzi sche