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The same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like if they find themselves in a hole stop digging thats the western analogue to the chinese finger trap perhaps but you know what the thing is if they were just relaxed if they didnt try to micromanage if they didnt try to rescue all their banker friends and commit the moral hazard if they just relax and said you know you have to fail that business is going to have to fail that fraud youre going to go to jail you know if they just gave in to what is the natural Business Cycle and so instead of fighting the Business Cycle the Business Cycle sitting there right in the middle of the chinese finger trap all they have to do is just relax let it fall apart let it collapse let it go bankr ....
Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, ....
Made with. Bamboo strips but you put your fingers on the 2 ends of the hole and what happens when you do that maddow yeah yeah you get on your finger you have coal and you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how to whiskey pit is useless and relax and put your fingers together and the holes expand you know when i can watch this for hours were not a magic show but what is magic is what the fed has been doing what the u. S. Government has been doing for the last 20 years any time the debt load gets too big and all the fraud gets too big and the t. V. Ofr all of them the dot com crash every single time is met with more money printing but this cycle the fact that it keeps on crashing and keeps on the fraud keeps on building yeah its like theyre stuck in this chinese finger trap they keep doing the same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like ....
The u. S. Revised down its revised forecast for this year and next. The outlook for automakers in a postvirus world. We look at the prospects of japan the boss of lamborghini. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of april, coming in at 3. 8 . This would be below expectations of more than 4 and at the same level than in the previous month. South korea of course has implemented big fiscal measures, not to mention the relaxation of social distancing measures and president moon jaein asking his ministers to swiftly draw up a third budget. He has announced something of a korean style nodeal with statement investments, and we are seeing the south korean Unemployment Rate at 3. 8 , the previousl as in the month as south korea continues to battle the coronavirus pandemic. That seems to have restarted and regained some moment ....
Thanks for joining us today. I would like to begin by acknowledging the tragic loss in tremendous hardship that people are experiencing both here in the United States and around the world. The coronavirus outbreak is first and foremost a Public Health crisis and the most important response is coming from those in the front lines in hospitals, emergency services, and care facilities. On behalf of the Federal Reserve, let me express are severe sincere gratitude to those who put themselves in risk. The forceful measures we are taking to control the spread of the virus have brought much of the economy to an abrupt halt. It is worse worth remembering the measures we are taking to combat the virus are an investment in our individual and collective health. We should do everything we can to provide relief to those suffering for t ....