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That means the price of the bond is a 3000 year highs thats stented this bubble is and how does it get there its because the banks are lending against the ponzi value of the bonds to leverage more buying of those ponzi extended bonds and of course like iceland if this will result in a 98 percent collapse. Never in the history of the world in 1971 did the human race ever engage in all fiats currency commerce trading settlements system i weve always had gold backed currency or other some other hard assets thats why nations went bankrupt all the time thats why many wars happened is because france...

A bit but another country would have dropped by considerably more the net result is now the goal of the globe is their debt to g. D. P. For planet earth is approaching 350 percent well some say that the Us Dollars Bank backed by oil so it always has been backed by something hard. It was liquid oil the other thing that were seeing however is as Michael Hudson dr Michael Hudson an economist who used to work at chase manhattan and when he wrote his ph d. He told us that you know he he told his bank and he told his professors that actually unlike what you say banks dont actually lend to businesses...

Difficult tarnas a face its the one seen on streets across the country. A small peninsula on the persian gulf qatar is a hereditary monarchy with the emir ruling supreme over a country the size of los angeles county. Everyone who comes here is given a clear message that shaikh tamim bin hamad are tiny is a champion of a peaceful and modern qatar. We are invited everybody to visit qatar media to almost welcome to come to doha and freely go everywhere and see what we stand for qatar is a peace and prosperity loving nation we are welcoming all different nationalities here in qatar to his home sta...

True direction. Cut. A lot of it. Difficult tara has a face its the one seen on streets across the country. A small peninsula on the persian gulf qatar is a hereditary monarchy with the emir ruling supreme over a country the size of los angeles county. Everyone who comes here is given a clear message that shake to mean been tiny as a champion of a peaceful and modern qatar. We are invited everybody to visit qatar media to are most welcome to come to doha and freely go everywhere and see what we stand for qatar is a piece of prosperity loving nation we are welcoming all different. Well it is he...

And then march, things normalized. Francine welcome to bloomberg surveillance, good morning if you are watching from the u. S. And europe, good afternoon if you are watching from asia. Westminster, ahead of the knowts, the u. K. Will soon who the next Prime Minister is around midday. Pound. Ity in european stocks off but investors are breaking for a busy earning season. U. S. Corporate earnings potential developments, trade negotiations and oil stabilizing after recent gains. Hour, we will speak to the new leader of the liberal democrats at 9 30 a. M. London time. Here is viviana hurtado. Euro...