A defiant tone. Trying to tell us what to do here its really shameless the weed the United States is trying to manipulate german law and some european interests so the interests come out on top. And donald trump lashes out at what he brands left wing propaganda in u. S. Universities claiming courses looking at racial inequality planning riots and mayhem on the streets of america i guess debate whether thats really. All idea of a critical you really only thing that it does is it gives people of color an excuse to try to drive forward this idea of color. Is inherently. Good morning im kevin i when this is at International Life my worldviews h. Q. Here in moscow this weekend great to have you company hoping stick around for the next 30 minutes or so to take you through those headlines and more in more detail 1st in the u. K. Submitted for the 2nd coronavirus wave is now inevitable and appears to me to that a 2nd national could be on its way in one form or another while elsewhere on the co
Simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left in fiscal 2020 the us a spent 6. 00 trillion and collected just 3. 00 trillion which means that its outlays are 100 percent more than its receipts many are asking why dont we do we even collect this 3 charlie and taxes why dont we just like print money for everybody right it brings up a lot of questions you know one thing is that the deficit is to new jersey and its more than 100 percent of g. D.
That we have only one month left in fiscal 2020 the us a spent 6. 05 trillion and collected just 3. 048 trillion which means that its outlays are 100 percent more than its receipts many are asking why dont we do we even collect this 3 charlie and taxes why dont we just like print money for everybody right it brings up a lot of questions you know one thing is that the deficit is to you and us more than 100 percent of g. D. P. And thats true for countries around the world and some play 20300 percent g. D. P. But whats creeping up now is the interest on that deficit even at these low low Interest Rates near 0 percent Interest Rates that interest cost on the deficit is getting close to americas outlay for the military which is their biggest expense so usually what happens when in fact the interest on the debt gets to a point where that also equals your g. D. P. As a country you are technically in default and you are officially no longer a country what is left is a memory of a country you k
And donald trump lashes out at what he called the left wing propaganda being taught in schools claiming its fanning the flames of hate being seen on the streets debate the issue. All idea of Critical Race Theory the only thing that it does is it gives people of color an excuse to try to not try hard this idea of colorblind list in the here in races. Youre watching are to international bringing your live news update from our studio here in moscow welcome to the program. British Prime Minister Boris Johnson claims a 2nd cold wave is now inevitable in the u. K. Which could mean another National Lockdown is on its way. I. Hate protests today in Central London against any new lockdown measures has resulted in clashes with police the demonstration took place despite a ban on a large social gatherings and activists form human barriers to provide police for making arrests meanwhile elsewhere in Europe Countries are seeing record infection rates spain is currently the worst affected its reimpos
I am max kaiser this is the kaiser report you know the economy is a man made structure try to scott engineers financial engineers economic engineers. Thinkers. Philosophers and mayfield over time what happens when the foundation of operates what happens when this structure collapses what happens when the simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left in fiscal 2020 the us a spent 6. 00 trillion and collected just 3. 00 asking why dont we do w