Is planning on that or suggest that the Us Federal Reserve does that eventually they change the laws so that the Federal Reserve can buy Corporate Bonds well 2 of the 5 euro traunch as were placed at negative yields meaning investors are paying a single a rated healthy m. H. To borrow money thanks to the e. C. B. I mean this is really the end game because you had a period in Global Finance where banks got in trouble you know in 2008 they may have horrible loans and they were insolvent they became technically insolvent so the Central Banks got together and they said lets lower Interest Rates down artificially to near 0 so that banks can borrow unlimited amount of money at 0 percent Interest Rate and recapitalize themselves in paper over all the mistakes and it made a lot of billionaires as you mentioned jeff bezos bill gates Michael Bloomberg say made like a 40 or 50000000000 in the last 10 years based entirely on money printing from the fed and his relationship to the new york fed so n
World e. C. B. Q. E. Is knots the mh sold some bonds and apparently the e. C. B. Is in the Corporate Bond market just like janet yellen as we mentioned last episode is planning on that or suggests that the Us Federal Reserve does that eventually they change the laws so that the Federal Reserve can buy Corporate Bonds well 2 of the 5 euro traunch as were placed at negative yields meaning investors are paying a single a rated healthy m. H. To borrow money thanks to the e. C. B. I mean this is really the end game because you had a period in Global Finance where banks got in trouble you know in 2008 they may have horrible loans and they were insolvent they became technically insolvent so the Central Banks got together and they said lets lower Interest Rates down artificially to near 0 so that banks can borrow unlimited amount of money at 0 percent Interest Rate and recapitalize themselves in paper over all the mistakes and it made a lot of billionaires as you mentioned jeff bezos bill gate
I mean this is really the end game because you had a period in Global Finance where banks got in trouble you know in 2008 they may horrible loans and they were insolvent they became technically insolvent so the Central Banks got together and they said lets lower Interest Rates down artificially to near 0 so that banks can borrow unlimited amount of money at 0 percent Interest Rate and recapitalize themselves and paper over all the mistakes and it made a lot of billionaires as you mentioned jeff bezos bill gates Michael Bloomberg say made like of 40 or 50000000000 in the last 10 years based entirely on money printing from the fed and his relationship to the new york fed so now we are in 2020 and bernard are no of a luxury brand wants to so more d high priced trenchards to his billionaire friends who have been given billions of dollars so he took the money from the European Central bank that has near 0 percent Interest Rates that bail out the banks and he took that to acquire to. Winning
From capitol hill, this is just over an hour. Just over one hour. Welcome in good afternoon. My name is Mark Krikorian and i am the director of the center for immigration studies. Thanks for coming. It has been clear from the beginning of this administration that its approach to the illegal immigration issue and the border specifically is to accommodate the flow of admissible rather than to stop it. The problem is that has caused them political headaches as people notice the magnitude of this border crisis. Just at the southern border since this administration took office, there has been more than 5. 5 million socalled encounters at the southern border. So, how to do damage control . One thing they could do is enforce the law and reduce the number of Illegal Immigrants crossing. That is apparently off the table. So, to accommodate the flow, they have turned to a strategy, the linchpin of which is cbp 1, a Smart Phone App that you can download yourself from google play or the app store.
At College Campuses here in the bay area as the situation is also intensifying across the country. These demonstrations coinciding with todays may day labor rallies, the annual call to improve worker conditions and wages. Thanks for joining us here on kron for news at 5. Im noelle bellow and im grant lotus throughout the day today. We have seen these rallies across the bay area. Many of them are also calling for an end to the war in gaza. One is happening in oakland right now. Kron fours dan thorn joining us live from that demonstration dam. Yeah, well, were out here at west oakland bart station, where the rally is just sort of wrapping up. But this was looked at as a victory ally. There are some people that are still hanging out here in the reason why theyre calling it a victory rally was plans were to have this group go over to the port of oakland and to stop the port of oakland from generating money that they say the United States uses to send to israel in what they call a genocide