Stay updated with breaking news from Eric neilson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Max kaiser this is a report the question is what do you do with the Global Economy that relies on justin time to livery of parts and Services Mostly from china is interrupted by a Global Pandemic and cant be overcome with more money printing thats the big question jail free card like jamie diamond are you going to be able to run away to a secret island like all the elites like all the c. E. O. s that just retired recently with big bags of cash and theyre disappearing. Stacey max were still in los angeles were riding out the pandemic this week here then were heading home but of course you cant have 10 demick without arts and thats why behind me you see wells fargo on fire of course that means were going to be speaking in the 2nd half to Alex Schaefer of burning bank ....
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 ....
Is in new york. We have an interesting week ahead of us. A lot of talk about governor kuroda and looking at the bank. Tom i look at the green book that comes out from the imf. The Financial Stability issues of the week will be interesting, starting with Deutsche Bank. I was taken aback by Prime Minister mays speech over the weekend. Francine i dont think we learned that much new in terms of brexit. It seems Party Politics will take a bigger role in when you invoke brexit. She doesnt like it being hard or soft. I think it is all or all the same. Lets get to the bloomberg first word news with taylor riggs. Taylor supporters of that peace plan that ended five decades of fighting in columbia. The agreement it would pass easily. The plan called for rebels to give up ....