A market is going to shrink and shrink and so we look like greece looks up in the last 5 years the think of the normal slipping away groups that if lation and rent this lady should be ok stephen well im really glad that michael brought up the 2008 financial crisis as we have a reputation a reputation about it and it in this year where this was a artificially induced recession benefited the one percent you cant not keep stressing that year but what 202020 in 2008 have been common is that you have this massive transfer of wealth upward again upward again ok and so again i mean my underlying theme in this whole program is that half the country liberate speaking specifically about the United States that michaels reference to greece is a perfect one i think youre basically writing off tens of millions of people america hundreds of millions of people in the western more heads yeah i mean to do the work which sane. Is a process where the wealthy who go will they go through debts and this is s
Proposed restrictions include closing cafes bars theaters and restaurants as well as limiting social contact. A former u. S. Homeland security official has admitted to being the white house insider who wrote a scathing op ed 2 years ago condemning donald trump miles taylor supporting joe biden and is called trump a moral petty and ineffective mike hanna has more from washington d. C. The man who called himself anonymous in 2 separate books and actually an out at President Trump has now revealed his identity in an online post miles tailors his name and he was a chief of staff in the department of Homeland Security at one point so a very senior official he was highly critical of trump in those 2 books saying that it was necessary for americans to know both the character and the quality of the head of state as a body john has accused me of killing at least 21 civilians in a missile strike bringing a 3rd attempt at a cease fire into doubt the attack on the city of boston is the deadliest s
Has passed 1000000 corona virus infections becoming the 8th country in the world to do so meanwhile youre growing has closed its borders in a bid to stop the spread of the virus. As more. The Health Ministry in colombia announced. 1000000 figure 30000 deaths you mentioned its the 8th in the world to pass that grim milestone its the 3rd in latin america. A few days ago brazil the worst country in the region has over 5000000 people infected with the coronavirus 157000 people there have died. Across the world theres been Something Like 10000000 people so 40 to 42000000 people infected 10000000 of those are in latin america so its got around about a quarter of all the cases in the world. U. S. President ial candidates donald trump and Democrat Joe Biden d are touring battleground states as election day looms opinion polls show biden in the lead nationally but its a tight race in the swing states 50 countries are signed up to a United Nations treaty to Ban Nuclear Weapons its set to be brou
How does a virus spread. Why do we panic and when well all miss him. Just through the text and the weekly radio show is called spectrum if you would like and new information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at dot com ford slash science. For to me to lawrence nothing is the same anymore the heart of new york city it still beats but much more slowly than it did before shes been performing on broadway stages for 10 years. But everythings been closed down years since the outbreak of the pandemic kind of this theater now i feel sorry for. Great that i did. That i did before ringback. Whats next for to make up whats next for new york in the city recover from the pandemic. Manhattan times square but theres one place in the world where life never stand still its right here. But now all of this magical place is deserted. Almost. To me go runs into some colleagues by chance the
It appears what is called the case shaped recovery is permanently dividing the country and to haves and have nots and this seems to be acceptable for those who are the house. To discuss this and more im joined by my guest Michael Hudson in new york is a professor of economics at the university of missouri kansas city and author of through give them their debts and in bangkok were joined by steve keen hes a crowdfunding professor of economics on a tree on as well as a distinguished Research Fellow of the institute for strategy resilience and security of University College london gentlemen crossed up rules in effect that means you can jump in anytime you want and i always appreciate it ok let me go to michael in new york you know this just term the new normal. Bandied about and what really worries me is the people that use the new normal where its a normal that is beneficial to them ok and theyre not particularly concerned about it ok because i hear more and more talk read more and more