Society in general has actually quantify how much just how much of trillions of dollars has been transferred to the top one percent who own the vast majority of stocks and bonds so how much of the stock markets rise over the last 11 years is due to q e here is an estimate the s. And p. 500. 00 would be trading closer to 1800. 00 without fed bond buying says society in general right now is at 3500. 00 it should be at 1800. 00 if it werent for the fed buying up all the basically the bad assets off the banks Balance Sheets this has a lot of implications ok so without the money printing the markets would be 5060 percent lower thats point number one point number 2 is that asic until in fact that means that myself i own stocks bonds and gold and because that means that the markets exist as a transfer mechanism so the fed cant just print money for me individually they print it so that executives buy back their own stocks of stocks that i own in the night benefit accordingly and as you point o
Here we tried to get tickets for a long time but they were always sold out. Is that we thought we would never be able to make this trip a long way that its moving. Its just before 6 pm for khan and his son meet their fellow students and grows old Railway Station the 6 friends are studying at the university here and are about to graduate before they start professional life they want to take one last trip together aboard the doe who express young turks have discovered the Old Fashioned train can also be a party on wheels. And it will take time for ourselves and for our friendship. That we have a 24 hour journey ahead of us and another 24 hours to come back itll be a great trip for the 1st set of. The 30. I cant get up here by myself can you manage. Who say and is the conductor for sleeping car number 11 where the group and their compartment will be how are you genghis. Was up. Husseins shift begins shortly after departure one of his tasks is to hand out the bedding for the night. We have
A surge in corona virus cases. One of cinemas all time greats is gone james bond star sean connery has died at the age of 90 he shot to stardom in the very 1st bond film a dr no in 1962 and went on to dominate the Silver Screen for 4 decades the veteran scot one of many awards throughout his long career including an oscar and 3 golden globes. This is g w news from berlin follow us on twitter and instagram at c. W. News or visit our website dot com. Org. Express travels across turkey in 24 hours from the capital ankara to the Armenian Border in the east its spartan and slow but every day thousands of people trying to get one of the coveted tickets for the train. Is we ran me through the village we tried to get tickets for a long time but they were always sold out. Is that we thought we would never be able to make this trip a long way that its made it. Its just before 6 pm for khan and his son meet their fellow students and grows old Railway Station the 6 friends are studying at the univ
To equip mali with strong institutions which are able to better manage our everyday lives and restore confidence between the government and the government show the palaces more. The bamako residence of president abraham. Secure and heavily guarded but instead of keeping people out the soldiers were keeping him in he and Prime Minister abu says say we detained here on tuesday confusion prevailed today with no explanation by the military or government until president cases appeared on state television announcing his resignation god knows what i want no blood to be spilled to keep me in power and thats why i would like to thank the 1000000 people for their warmth i am telling you now that im resigning from my position as the president and all my other positions and i announced the dissolution of the assembly and the governor. African bloc eco us responded forceful into the coup isolating mali through border closures suspending financial flows and called for sanctions against who organizes
Still has a popular base after a week of antigovernment protests unprecedented in their size and the august heat told the crowd batteries is being threatened from outside. The tanks the jets are on standby within 15 minutes reachable border this is not for nothing nato forces a rattling tank tracks at our doors military power is building up on the western border of our country lithuania latvia poland and unfortunately our brother ukraine its leadership are telling us to hold a new election. Nato has denied the accusations of a military buildup in the region. Yet just a short distance across the capital a much bigger demonstration followed perhaps the largest of the Antigovernment Movement so far better russians repeating the call theyve been making since what they say was the rigged election on august the 9th that the man whos ruled batteries for 26 years has no legitimacy he should leave and there should be a new and free vote. I was earlier that the Russian Ambassador to slovakia bec