Borrowing Situation News Today

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Confidential information about simi to her mates at the bbc. But of course, she was fired and i was delighted but she has now got a big new highly paid job. Isnt that good . She is now in charge of equality, Diversity And Inclusion as a new bank. Given her track record, we wish her the very very best of luck. We dont care and this party, we dont care about skin colour, we dont care about orientation, we couldnt care less who you are, we care whether you share the values of this country. We care ...

Hello youre watching the context on bbc news. Coming up the uk Prime Minister will no longer accept donations for clothes after a row over accepting gifts. Party Conference Season is well under way here in the uk and Today Reform Leader Nigel Farage opened his Partys Conference in birmingham. He told Supporters Britain is broken and said this was the weekend his party would come of age. We do not need to change the mind of a single person living in this country. Because the Silent Majority is a...

About here. thats the really important part. >> meaning? >> meaning we have capacity. we have capacity to do this. lets look at what the borrowing situation is going to be if the government can figure out the debt limit, which probably is a thing you and i ought to spend a minute on before we get out of here, right? the government can borrow money for ten years at a percent and a half. it can borrow for 30 years at a little bit more than that. interest rates are low. theyre going to stay low for...

$3.5 trillion over ten years, right? i need to put that into context. $350.01 year for ten years. depending on budget this year, $768 billion. do that over ten years, $7 trillion. lets just contextualize in the scale of the whole economy were talking about. thats the important part. >> meaning? >> meaning we have capacity. we have capacity to do. this lets look at what the borrowing situation is going to be, if the government can figure out the debt limit, which is probably a thing you and i oug...

Strong dollar. nothing came in at all. and having a strong dollar, it turned out to be -- it sounds good. that one sounds great. but nothing happens good for the country. >> what about when you compound the situation by a big long-term borrowing situation in addition to the couple billion -- were borrowing about $600 billion a year. what happens when the money well have to borrow for social security in the form of individual accounts that means big short-term deficits for the federal budget. doe...

Of what we all do. >> you expect theyll keep this policy? >> i think theyre going to keep the policy. i think the dollar is probably going to inch up a little bit, and thats not so bad. the worst times weve had is when youve had a strong dollar. nothing came in and having a strong dollar, it sounds good, that one sounds great but nothing happens good for the country. >> what about when you compound the situation by a big, long-term borrowing situation in addition to the couple where borrowing ab...

I dont like the value of the dollar anymore, im getting out. and then you have a bank run basically on u.s. faper. >> i dont he soo it happening. this is one country its not going to happen to. having the dollar where its a vused value a little bit it sounds terrible and you hate to say it but the fact is it brings business and its good in terms of what we do m dm ever. >> you expect theyre going to keep the policy in. >> i think the dollars going into ch up and thats not so good. the worst time...

Reduced value a little bit, it sounds terrible. the fact is its good in terms of what we all do. >> so you expect they will keep this policy? >> i think it will inch up a little bit. its not so bad. the worst times we have had is when you have had a very strong dollar. nothing came in at all. it sounds good. that one sounds great but nothing happens good for the country. >> what about when you compound the situation by a big long-term borrowing situation. it is about $600 billion a year now. wha...

Associated press washington, consumer borrowing unexpectedly rose in march only the second increase in the last 14 years. thats a big deal. if theyre borrowing, theyre spending. >> thats a good sign banks are lending but what will happen going forward if the same things happened in may, june, july, august. what were worried about is greece. with the lending situation there, the borrowing situation there, if it will spread it other nations, thats going to affect what banks do internationally, dom...