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Whole the paradigm that weve known since 1971 of the u. S. Dollar standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the u. S. Dollar but if this is over then this is over and its going to be a new start and i think that probably explains some of the actions out of the fat and out of the u. S. Treasury like steve mission was so benevolent such a good nice guy right here saying anybody who i got one of these p. P. P. Loans 4150000 or under basically just keep whatever who cut here cares what i got out of it you just take it i mean this sort of trashing of the dollar is an understanding by the elites by the guys who run the world who run the trade deals who who set global monetary and financial policy theyre saying its game over and we might as well just like to have a real good time while the you know in these last few weeks or months of this system oh right so. America the top 3 economies o ....
And since 2001 accepting them into the World Trade Organization was that they would just be happy with just the low skilled stuff and obviously that they dominate 5 g. In fact us doesnt have anything involved in it at all but they also have Artificial Intelligence and i dont know whats going on there but i think our department of defense understands that theres some sort of advancements and fight in an Artificial Intelligence out of china and this week we saw this headline that everybody on crypto twitter is talking about open ais g p t 3 may be the biggest thing since big quine open ai and nonprofit Artificial IntelligenceResearch Company backed by peter t. Ilan mosque r ....
In their border. As your headlines for more of those stories you can head to our team dot com right now stay with us for more great program. This is the kaiser report the world is. So you see its gave her thats what i see when i look at the headlines japans government will start paying us companies to move factories out of china japan to pay at least 536000000 dollars for companies to leave china now they are not heading back to japan they are planning on going to cambodia vietnam places like that other places and south east asia. Remarkable and so why are they doing that. Because there is a period of. Japan as a close ally of the United States the United States is escalating their war 1 against china and there are a few cities trap it could be game over on that on this whole the paradigm that weve known since 1981 of the us ....
Giant announces an updated product line. Welcome to bloomberg daybreak europe. Good to be back ahead of the most important ecb meeting of the year. Trade ineing a risk on asia, green on the screen for the msci asianpacific index. We have a tweet from the global times talking about china putting measures to mitigate the trade war giving lift to risk assets. We see Sweet Nothings on the s p on a headline level. What has been going on beneath the surface for sector and factor rotation moving from more growth to value. Looking flatres, so another day of perhaps not much to do on the headline level. The big moves have been in bond yields. Jumps into year and 10year. Hitting its highest since august 5, down a touch today but sitting on 1. 66 handle. Great to see you and great to be back. Manus yes, indeed. Yields just off the onemonth high. We will talk about what james gorman had to say. To show the oil market because what has gone on ....