A discrepancy between the stock and the bond markets for the past year and a half 2 years that weve been noting that bond markets are pricing in and looking like theres total disaster on the horizon stock markets are at all time highs so which is that right u. S. Treasury says it is gearing up to issue a 50 year bond the federal deficit as you know is up 26 percent last year its at 984000000000. 00 again that was to feed the one percent because remember they got a trillion dollars worth of tax cuts and obviously something had to pay for that was the future the future generations are going to pay for those tax cuts 984000000000. 00 deficit and 2019 so here theyre looking at issuing a 50 year bond to pay for those crybabies today extend and pretend so theres no was another bond to extend the maturity theres always another Quantitative Easing Program or a rate cut theres never not been a rate cut environment for 40 years now all over the world theres been over 600. 00. Cuts by various Cen
Economy because the u. S. Wont do it for itself china will do it for the u. S. In the form of announcing as a surprise 20000. 00 tons of gold and the introduction of a gold backed cryptocurrency this will kill the u. S. Dollar better than a doornail and it will be a harbor type of and its coming in the next 6 to 9 months but the domestic situation here and of course were in new york city so that means Everybody Knows who watch the cable news you see it culturally and politically the top one percent who are represented on the cable news are having a breakdown about the political situation that its all doom and gloom and yet the rest of the world if the rest of the country if you drive across the country youll see nobodys hysterical like them nobodys constantly triggered like them so again we come back to the economy and the tale of the 2 economies this is theres been a discrepancy between the stock and the bond markets for the past year and a half 2 years that weve been noting that bond
With us now for the financial news. Guys or this is the report. Yeah we could go on president s come and go countries come and go whole new Solar Systems are discovered doesnt matter because you going. Im going to call this episode give us this day our daily billions of course thats the wall streeters the big crybabies we call them crybabies all the time and they cry all the time for free money and i realize thats why we have 2 economies going on the real economy where the 99 percent live and then the one percent economy where these bankers live and the corporate elite live and theres never enough free money they want more more more and more and you can see that in the jobs numbers that came out this past week week and a half and what you saw is that its boom times that continues to be boom times and you can see with the Consumer Spending that consumers are spending life is going on and yet when you come to wall street you see the nonstop interventions required increasing escalating in
Dont feel rights. The only sport its cruel its all those are the headlines will be back here in an hour with another round up and stay with us for the kaiser of course next here on our team international. Skies or this is the report. Yeah we could go on president s come and go countries come and go whole new Solar Systems are discovered doesnt matter because youre going to im going to call this episode give us this day our daily billions of course thats the wall streeters the big crybabies we call them crybabies all the time and they cry all the time for free money and i realize thats why we have 2 economies going on the real economy where the 99 percent live and then the one percent economy where these bankers live and the corporate elite live and theres never enough free money they want more more more and more and you can see that in the jobs numbers that came out this past week week and a half and what you saw is that its boom times that continues to be boom times and you can see wi
A tale of 2 economies and those economies are driven by their own separate monetary systems so we see it the top one percent i think why they see disaster happening is not know that they have an instinct that their assets are overpriced the stock Market Property markets are market but they also theres no velocity of money in the top one percent economy its not circulating at all because 1st of all theyre greedy they say you know 100000000000 is not enough theyve got to compete with jeff bezos is worth 130000000000 so they need to save 30000000000 more to even match so theyre going to keep on accumulating it latest fed data shows that theres over well over 30 trillion dollars held by the top one percent in this economy versus the bottom 50 percent theres just 2 trillion right so thats a discrepancy there all of that 30 is close to 35. 00 trillion dollars the top one percent has 4. 00 trillion over. Its just sitting in Bank Accounts i. E. Getting 0 percent Interest Rate theyre not even u