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Economic collapse which is bad for everyone unless youre a day trader betting that everything will be awful for those people right now is like mardi gras with fewer naked but an equal amount of pissing in the streets so us lost a staggering 20500000 jobs in april bringing the jobless rate to its highest level since the Great Depression 14. 7 percent. And even Steve Menuhin our treasury secretary who has carnal relations with a roll of silver dollars every night under a framed portrait of Ronald Reagan having carnal relations with the same roll of silver dollars even that guy says unemployment could get to 25 percent wine out of every 4 adults i did the math myself but. Yet in denmark salut different danes have kept their jobs denmarks Unemployment Rate is hoverin ....
Over the redeployment of nukes and that poland at the move which interestingly enough is also being criticized by some American Institutions all right its hard to believe i hear. Ever since the coronavirus forced americans to stay home that obviously led to the shutdown of a lot of businesses and congress has since passed several relief measures aimed at getting americans back on their feet but after trillions of dollars got rubber stamp approvals the country as a whole is really nowhere near reopening and americans are becoming impatient with elected leaders well today the u. S. Treasury secretary and the Federal Reserve chairman were grilled by members of the Senate Banking committee wanting to know where all that money went. Rachel blevins has been monitoring those hearings she is joining us now with the detail ....
Is not leading the world in coronavirus testing but we are leading the world in corona virus deaths does that count that we get a prize for that you know maybe a decoder ring or plastic spider to scare your friends. Were probably also close to leading the way in the level of unemployment increase during the pandemic so theres Something Else to be proud of right now we have to ask ourselves is there another way we could be doing things right now is there a better way yes of course paris lets take a look at countries that dont have corndog brains look at denmark denmark has had almost twice as much testing per capita as the United States and fewer than half as many deaths per capita that would mean around 40 or 50000. 00 extra americans have died in the past few months because we have not dealt with this as well as denmark that 169 elevenths that could have been stopped if we ha ....
Treasury expects to borrow 2. 00 trillion a net marketable debt in april to june quarter 3. 00 trillion dollars more than estimated in february to put not trillion dollars come on down to the feds Bargain Basement to put chile in dollars or down to 6 trillion dollars more in 6 months or now just 6 trillion dollar war in 6 months come on down to the fed broader base with high of j. P. Well i print money like a man to come on down to the feds Bargain Basement ill give you a trillion dollars right now because of all baseball cards you got some also have or you got some old rags that around the house will give you a 1000000000. 00 come on down to the feds want to print shop right now you know you might want to. This is christine the guards money printing go to christine look at well just ridiculous to look at when they have one most soon to print how do you know how to reduce ....