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Residents 10000. 00 hong kong dollars i know in china they were giving the equivalent of 1500. 00 as well to any citizen or resident of will hand who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u. S. Of course were already seeing that as guaranteed almost that theres going to be a rate cut in march and theres going to be you know this month and then theres going to be a rate cut to more by the end of the year so were going to going to 0 the treasury yields are obviously at historic lows as well so where were heading to 0 its the dollar toilet paper arbitrage at some point one sheet of toilet paper will cost more than 1. 00 coin. It is rapidly approaching they can air drop all the money they want and all theyre going to do is cause more dislocation especially with the cantillon effect so youll have toilet pa ....
To carry out a transition, which i think is a foolish transition that we have to show or institute. Think that the idea of a 0 net carbon world doesnt function and whats needed is new technologies and whats needed also is collaboration. And instead the idea that somehow we can use a war for a transition to a policy which wont work, makes no sense. And i think the coalition is starting to fall apart because people are going out into the streets in germany as they are throughout europe. And we just saw the fiasco in great britain. So i think the western world is facing the kind of transformation, the theyre not ready for you mentioned there has been a change of power in great britain. They were also some changes in other countries like italy or sweden. But i would argue that the changes leadership happens without a change of policies. What, how long do you think it will take before actual changes . Some sort of connection to reality happens . Well, it depends on how dedicated the people ....
A change of power in great britain. And they were also some changes in other countries like italy or sweden. But i would argue that the change of leadership happened without a change of policies. What, how long do you think it will take before actual changes, some sort of connection to reality happens . Well, it depends on how dedicated the people who are pushing these changes are. I saw the demonstrations signs from paris and rome in the last couple of days with signs saying out of the you, out of nato. Thats a shift. And i dont think the government should have been elected, are ready to leave the European Union or nato. But the people are, the people are being told you have to freeze for the sake of nato. And i dont think thats a good selling point in germany or anywhere. How can i ask you something . And maybe thats my certificate to radical and heritage posing this question. But i think people in the west invest too much in th ....
And tested relationship laid the groundwork for peace and prosperity to europe over the last 50 years. What awaits the continent now that these connections are being purposefully severed at americas bidding . Well, to discuss it, im now joined by harley slang or Vice President of the schuler institute. Mr. Shlang, or its great to talk to you. Thank you very much for your time. Well, thank you very much for your invitation. Now let us start with the practical things. I know that the germans used to be known for that practicality on attention to business. And the other day german chancellor of schultz remarked that one of the i guess sailor linings on the current confrontation between russia and the west and ukraine is the fact that germany is on track of being fully liberated from its dependence on russia. Energy sources is that full free them as far as you are concerned, theyre just trading. One dependence for another was now have ....
Demonstrations signs from paris and rome in the last couple of days with signs saying out of the you, out of nato. Thats a shift. No, i dont think the government should have been elected are ready to leave the European Union or nato. But the people are, the people are being told you have to freeze for the sake of nato. And i dont think thats a good selling point in germany or anywhere. Can i ask you something and maybe thats my sort of erotica heritage posing this question. But i think people in the west invest too much in the power of protests, you know, taking to the streets, to change policy. And historically, if we are objective, you know, there have been massive protest against the war in iraq. Many millions of people took to the streets and across several continents, but that changed nothing. And right now were seeing, as you say, in many products in many european capitals, but its really effective in terms of changing the, ....