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As author of the recent books understanding socialism and understanding marxism and in west for we cross to peter schiff he is chief global strategist at europe a civic Asset Management right gentlemen crosswalk rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new york richard you know when you looking at the news about the economy looking at a lot of macro numbers and sometimes i think its very quite confusing and where the economy is going particularly when we look at unemployment permanent unemployment and jobs that are permanently lost he...

Unemployment and jobs that are permanently lost here but the more i look at it and you gentlemen are preeminent experts here i dont i dont really think its that you are an l. Im really quite taken with this k. A recovery the rich got richer and the poor got for is that an oversimplification richard go ahead not at all i think weve already seen that now folks like some time that at least 2 or 3 or 4 decades of growing inequality both of wealth and income and instead of that being understood as having contributed to the combination pandemic and crash were living through instead of that being und...

Right so the New York Times of taint. Tax return data extending back more than 2 decades said both shows drums own tax records but also those of his more than 100 organizations that are linked to his business it essentially showed that he has lost more money than hes made that he really to some extent has been gaming the tax system with massive write offs such as you know spending more than 70000. 00 on his hairstylist and all of that taken together allowed him to pay close to no income taxes in 10. 00 the previous 15 years. And in 20162017 while he was president he paid just 750. 00 that is m...

Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given ...

People are killed in flooding and landslides in regions surrounding the south korean capital seoul. Also ahead spains for my King Juan Carlos announces hes moving abroad as investigations continue into allegations of corruption. My sons death not being one. And the u. S. Judge making a plea for Better Privacy Protection Laws after her son was shot and killed. The u. S. President donald trump has publicly rebuked the head of the White House Coronavirus task force hes accused dr Deborah Burkes of hurting his administration after she said the high number of infections throughout urban and Rural A...