tv Keiser Report RT April 7, 2020 12:30pm-1:31pm EDT
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sworn in on the children's children is good because the state of california makes $6000000000.00 a year of prison complexes. a life where. you don't care. but i'm max kaiser this is the kaiser report as we head into the bitcoin singularity it's the single most important thing that ever happened to humanity sense the creation or invention or discovery of fire safety you know to see us through this hardening event this hardening of money coming because what we're seeing and all of this chaos happening over the past well few years but especially accelerating over
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the past 6 months since the fed started inter intervening in the repo market and then we got hit by a pandemic and now we have mass unemployment and things like that that's the fear system leaving and this is the the hardening system the hard money system and touring and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so he's actually pretty hard if you pick him up it's really hard unlike plucky who eat took with us through the central banking field ideas quarantining he's quarantining but he's really floppy you know he can barely hold the world's most famous central banker he's the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket we've been signaling this so we have to join us to talk about braced for the deepest recession on record says bank of america analysts as jobless claims surge to $6600000.00 they believe that unemployment rate is going to go to 15.6 percent up from 3.5 percent in
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february so that's a huge rise in unemployment rate we haven't seen this and our lifetimes this sort of surge this rapidly while you're in the 3.5 percent unemployment rate is a bogus number you know they don't count people who have stopped looking for work and they don't town. all kinds of people and that number of the actual numbers a lot higher than all the government published numbers are fantasy numbers and we live in a fantasy economy ever since 1071 when we went off a currency that had some relation to gold to purify money currency the 1st time in global history it had a global economy run entirely on fantasy ists printing coupons and then pretending that they have some kind of backing and the numbers are meaningless so if the unemployment rate is 15 percent 20 percent 30 percent it's kind of meaningless because these are mostly gig jobs anyway that don't pay enough to survive on you need $2.00 or 3 of these jobs and the whole problem is not work because workers on
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needed taxes are on needed and earnings for corporations are also unneeded they don't need any of that stuff if i can just call up the european central bank and say hello ira age tall moet hennessy i'd like to buy tiffany's and i don't want to pay anybody for it i want you to give me the money european central bank i want it if you get from you and all the people you represent in the e.c.b. and he goes yes sir but here it is we're going to wire the money right away and they give to this guy at louisville it's all. say they gifted him to fany as a gift you know from european sun look it up you know this is that i think some slop working at mcdonald's is going to be able to call a p.c.b. and say. he didn't think of a now that's likely to work as a i have no idea why he did that in a british accent it was in fact a french guy pinto who receive that money are are no that was kind of the peak of that era so here we have this great depression looking numbers and the unemployment
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numbers and bank of america sees 15.6 percent unemployment so that that system is looking degraded and sick and in fact sick isn't the 1st words here of this tweet does this chart make anyone else sick fed balance sheet rockets. corporate earnings going straight down further evidence we don't live in a capitalistic society at last 4 decades of extreme leverage to conceal declining productivity to enrich a small elite on full display so as we've been covering here on the kaiser reports earnings have been declining for years now but suspend made up for by on the one hand stock buybacks where the shareholders are losing basically and the company is losing because it's losing its castors access to cash it's taking its cash off its balance sheet and turning it into free money for the corporate elite at the company and thus basically ravaging their balance sheets and we see that now because
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they've spent hundreds of billions of dollars over the past few years and now they're requiring trillions of dollars of bailout in fact they've spent over 4 charlie in the last 5 years on bell on stock buybacks and now they require a bailout for that amount but also the fed print money printing has caused the inflation which causes their stock price to rise so he's covering up this huge decline in earnings and do they have big point arrangements are the c.e.o.'s of these companies including warren buffett are they just doing something that's patently moronically to destroy themselves and their country and the economy and money or the big question protocol which i believe is software and is part of the seti project the 1990 s. the search for extraterrestrial intelligence remember was the 1st parallel massively parallel computer project that went out there looking for other forms of consciousness that work because it gave birth to because in 2009 as part of the seti project and we have alien intelligence reaching out to our global unconscious
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and destroying people like warren buffett on the unconscious level who is actively . pursuing the money delusion and the happening is coming in may and it's the quantum pardoning event and we're entering the big quaint singularity in 2020 or entering the big coin singularity in the 2nd quarter of 2020 well speaking of that. signaled to the audience what's coming next and this tweet from adam back big question having is quantitative hardening fiat's undergoing lots of politically driven quantitative easing be quite supply algorithm starts quantitative hardening next month as we've mentioned many times over the past few years we're entering in the 4th turning these are big seismic shifts of like collapses of empires and the rise of new powers the end of a powerful generation on the boomers more powerful simply through sheer numbers we have these new generations of millennia coming on who are bigger than the
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generation before them of boomers and x. that everybody forgets but nevertheless we have these seismic shift coming up radical shift and the end of a fee out regime and the emergence of something new will have to replace it as a hardening that will happen and we'll see what happens there because it is absolute scarcity which is before because unknown but you don't have that with gold gold is you never know i mean it's always new supply of gold and they could start mining gold from asteroids or from seawater and that's not absolute scarcity because it is awful and scarcity that you can use as the hardest money ever known and humanity and that means that you have the possibility to absolutely transition the global consciousness from being buried under can you go centric consciousness driven. parade of hugo maniacs on plunderers like are no l b m h or jamie diamond or lloyd blankfein to
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a sente and consciousness or. around altruism and love i mean this is the ushering in of the law is the big coin transformation singularity will you talk about that i'll think it may still and i said that that was sort of a signal for the end of that regime yet the thing that we've seen over the past. 10 years has been fracking that was also a real substance you can't have g.d.p. growth you can't have an economy without energy you need energy as an input to develop goods and services around the world and yet here something real met the enormity of the fake mass right the end of its regime where. it never made money ok fracking never ever made money and wasn't making money at $100.00 a barrel it certainly wasn't making money at $10.00 a barrel you're starting to see companies like whiting huge fracking outfits go
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bust so you're starting to see that but the other number that was interesting is you know people kept pouring money into it like investors kept pouring money into it even though it was never making money that you know it was a black hole just a collapsing black hole of oily debt and you know ever increasing amount of people willing to invest in it but. the demand for oil is now down 25 percent in the past month so just like unemployment numbers shooting out we see that a collapse in the demand for oil 20 down 25 percent and yet those factors because they keep needed to make their interest payments on their bond payments you know they have been by pumping a function from thing all the way down and you know that the people at the pipeline in the pipelines and the tanks are saying stuff boss stuff off enough gear mow is telling them enough you know the fractures are able to beat
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a dead horse more even than hillary clinton messed up and they are as we've said on the show for many years people say you know i hear what you're saying on the kaiser report and sometimes it seems the one step removed from what i could what i would conceive as being a practical day to day knowledge that i could use but look at the fracking story we've been covering now for almost 10 years we've said for 10 years a it costs more energy to go in then you get out and it cost more cash it goes in the come out it's cash flow negative and that it's only there to generate fees for the bond sellers who work on wall street to perpetrate this massive fraud called american shell industry we've been saying that for 10 years now the reality of that delusion is hitting home and but for anyone who surprised by this are losing my. me on this it's too bad on them because we were very explicit in explaining to them that to invest in cracking at any point over the last 10 years would be like
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picking hillary clinton to win the next presidential election this was only possible in that old regime we are exiting the easy money regime and we're entering a hardening regime because this everything is chains nothing can ever be the same so that sort of fantasy that remember those headlines and like newsweek or time magazine saying with it you know we're better than bigger than saudi arabia of oil and the fact is we were never it was all a fantasy it was a fiction it was a hollywood film because if we could crumble like that and disintegrate into dust in the texas desert at that at the cost of you know once oil gets under $20.00 and speaking of hollywood that takes me to the whole thing not the havening this is the holding of box office in hollywood the domestic box office movie theaters brought in a whopping $5179.00 for the week of march 20th to the 26 down 100 percent
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from 2 inches to 4193406 the same week that year ago those numbers are just incredible he says hollywood films are like fracking it's been around for a 100 years and us all has been a losing business for the films in the studios of the box office is a loss leader they don't make money stars fraud for them tax fraud it's just like you are saying there with all of the l.v.i. mates and then getting ready for there was an iran there was hollywood accounting that's what they called the enron accounting is not a fact when i worked in i was stock exchange the executive who came to work for me at h.s. sachs was going to go to enron but then enron went to 0 and then he was working at sony television it was going to go to enron because they were working on a fantasy that was their business model is that he came to the hollywood stock exchange rate and the. all right we're going to take a break and when we come back much more coming your way.
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humanity is on the edge of the precipice thanks to continuing destruction of the natural world. we just seem laid out a lot of bills lots of. losing myself and a lady if you. let them everything you can hold up. the bill you. got over the war. or the. dealing in the muslim world as a little boy here. and stuff and. ship them through that is the. human activity has brought us to the brink of the world's 6th major extinction of
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it and the people in this film just come to get any more. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see of and. this is a story of women and women with troubled histories and complex court cases you know some. leave. out there. where nat is the person that. the cheesiness of the day are considered the most dangerous of criminals she's in a still. all the office 23 hours of the day tell me that is not enough punishment.
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world of women on death row on our team. room welcome back to the kaiser report i'm max keyser time now to go to the 1st and the best says tony 11 the finest investment banking in bed cohen and krypto from back to the future simon dixon simon welcome back thanks for having me in these troubled times so simon dixon we are seeing trillions upon trillions of balad money and quantitative easing being thrown around what sort of money is being printed what sort of that not being printed and who will benefit most because everyone same preoccupied with the health crisis right now and you know people have got other things on that mind and it's you know every once in old people are in suits situations of desperate needs at the moment and the government is for ever
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cynical addicts and i guess they have no choice but to throw everything they've costs but at some point the slow slog and the financial crisis is going to become a reality often we get 3 missiles crisis ringback and so what we're seeing right now is in all the times of crisis for example the american civil war government simply printed new money called the greenback which is essentially debt free money that was introduced into the economy it's but what we're seeing right now is that the government is using quantitative easing where essentially the central bank is buying government debt and then that government debt is going to be used for all the different packages that they need to gather including helical to money it's really why did they need to already gotten the 1st place and why can't they just introduced that we're getting lots of interesting questions they were debating whether accounts for these individuals were going to actually be created it's directly at the fed giving individuals the ability to have
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a shared account which really got a lot of pushback from obviously the banking community that would much rather to speak. this isn't the normal way business as usual with a bank in the middle so it's a flow of farms are going to really unquestionably have so many consequence is especially as we enter into the inevitable financial crisis often we get through this health crisis challenge so the question people are sad about the dollar or anything money starting back in 1981 when the world went on a purif the money standard for the 1st time in history the question was always well what back to see money and we'd hear from policymakers a lot of convoluted theories about economics schools and policies now and 20 and 20 we know that nothing backs the greenbacks they money it's just printed out of thin air like many of us have been saying for years now the stone longer an allegation or a theory it's obviously true one big question people are asking is well now that we
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know that the money is simply printed out of thin air backed by nothing why do we pay taxes at all simon dixon this is a question that's stopping people to rise up and there's such a lot of social unrest out there because people realize that taxes are a scam that this that there's nothing backing the money and so why not why the why even collect taxes simon dixon well this is going to lead to outrage questioning everything so this is really i don't want to be practical but this is a global recession in the financial system as a result close i mean it's so much happening as a result you know people are going to be asking questions that they are not necessarily all for even the government and ask the question of why do we need to order it through the bull market i'm shocked that in france since these repayments went simply because it's just crazy that directs without the federal reserve in the middle individuals are going to be asking the question well you know why all the accidents in the summer is when we can see that the government's going to. have to
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bail out anyway individuals are also going to be asking the question which is what next. lead to the financial crisis all well when i get my fellow called in money and i've got my income right now the last thing i want to do is use that to pay my mortgage in a time when i probably call the repossessed so people are going to be thinking oh paranoid and they're very personal situation and conservative and conserving much and that inevitability must be false and the boldness fall in old ages which then leads to the plot so it's fractional reserve banking system and then inevitably which i'm full costing will be the central bank all the governments creating their own digital currency and essentially allowing banks to go off without people using that money by giving them the ability to open a wallet with a cent for buy if they have $10000.00 in their accounts and then going to the not
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with the central bank and i think they're going to see a rule of some central banks on traditional buying as we inevitably experience the john norman consequences of essentially the world's largest rate it's a ponzi scheme that we've seen in all of us part of our actually in banking you have a background in banking you've been a big coin in crypto banker since 2011 you wrote the book bank for the future and you outlined a lot of these issues with banks and i've been studying money for decades and now i want to ask you a theoretical question and get your thoughts in my view as as you describe the situation with all this money printing and debt monetization and the government in the central bank taking control of the majority of the sovereign bond market the miss the majority of the corporate bond market the majority of the mortgage backed security market than the majority of the stock market are we not setting ourselves
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up for what you might some might call like neo feudalism where you've got a few central authorities with 99.8 percent of all stocks and bonds in. stands and then everyone else is living like a peasant so you just have peasants and lords i mean i mean think about that for a 2nd i'll move on and i asked my other question so the big coin having arrived next month simon decks and some call it quantitative tightening its block will be reduced to 6 the quarter bitcoin from 12 and a half bitcoin and rewards tell us what you expect from us on it so we're going to see exceed say it's a quantity that's just what we're experiencing right now we're seeing everyone will console and something that looks increasingly more like communism from traditional c. up money as the government is essentially leveraging these these assets and balance sheets in order to actually achieve doing all that well it's assets and it's you know in in in this situation i don't seem to have any other choice so essentially
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we're going to see this 2 tiered economy i mean that's just navigable that people are going to need to get vaccines when that comes free that might also be to are excited to chip in on since and implement it so that the government can contract and control he's allowed out of their houses and all these schemes that are going to happen as a result of this this house crisis which is going to be integrated into central bank digital currency where governments around the world are going to be scrambling and fighting to claim that you should be paying that tax because you live in one country if you didn't deal and believe in another country and 2 governments believe that they should be what some at 60 collecting tax on not money so you're going to end up with a very very horrible worst bushin will see a current seats of the $1.00 that we have now created 3 banks as debt on the flip side you've got bitcoin which is a 6 money supply the ability to own your own money the ability to spend your own
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money and a money tree policy that can never change based upon mat's and so people are going to have these choices as can currency gets worse and. but obviously it has been a city in a very unstable market like today that was used to spend goods but people are going to be got these opus effects whether people are going to be experiencing well when the government makes actually because it might contain the artist. how is that going with that that i can't control my money were going to be. you know people are going to be able to control these effects when they try and send to it because in exchange in the banks if you cough and that people are going to look upon you know a crack in a 98 percent increase in us their exchange because people accessing see it and putting that in. this is exactly what bitcoin was designed for to give people this to to the cold to me as fee
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a currency exercises more and more in control and highlights the flaws in fit curtsey people can experience. which is the exact opposite effect of some of the challenges that we experience in the city center saying that because one of the layers in the stack of the bitcoin protocol is the game theory layer so the incentives are so finely balanced in the protocol that this very elegant game theory of merges and we've seen it jump from the minor players from 10 years ago that to the to the mind to the countries on the sovereign level the miners in different countries are dominating mining for a while the not shifted back and forth different countries now as we head into may of 2020 and you have a full on global fear of currency nightmare and the big calling is having it seems as though the big coin is almost self-aware to some degree and that it's
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happening exactly at the right moment to game fear off theoretically attack fear like it's almost as if a coin was born to it to go to war with the on the highest possible level on the sovereign level so lay the sa a little bit you're suggesting that. the central banks the world they go digital as a way to exert more control and you're saying as such places a model of communism. or a soviet ization of the global economy total top down control of a digital current say what's opens up the possibility of multiple regions taxing people from different countries which is another nightmare concurrently this coin takes a quantum leap through the having it's already the hardest money ever known to man to humanity and to own it is an act of civil disobedience would you agree that owning because i'm buying because it is equivalent to civil disobedience i meant well really if so that is it from the traditional financial system oh my you tube
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channel about 2010 like rates of the baby of the great depression of 2020 i'm ready i was just following the trends that the currency is a ponzi scheme and then what's in it inevitably and saw in this market now i didn't know what the effect would be that would actually do that would expose the weakness in the traditional financial system but i said it will be a black swan event and it will expose the systemic risk in the financial system now obviously that was a financial crisis and they used financial engineering you know it's a craze a lot just you know we've been incredibly all market was 100 fabricates is a point financial engineering injecting money market i don't say fine because it was all the video i think like race it was just around the exact same question before. we 1st met at that conference in prague whenever. i'm really
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these were the conversations that were being there is in the book it's finding the place in the world where people need an exit from the traditional financial system and to me i see this. as really. and force the old is actually going to meet as something that actually gives people the choice they meet you know all just the big point is not good for pena or it's price fluctuations but you know be different won't wear out these types of all it's arse fluctuations of becoming inevitable ever. in a world so you know. reinvents like that it's for inflation as you have to result in and you're going to need some reset the financial system and use financial engineering that will never be
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a more controlled. money and a wall that we're not used to getting a good point about the volatility everyone was complaining about bitcoin volatility in the stock market said hey hold my beer all right so simon dixon thanks for being on the kaiser report thanks for having me max that's going to do it for this edition of the kaiser report but may max kaiser in states that harbor well i think our guest simon dick sands c.e.o. and co-founder of bank to the future if you want to contact us on twitter it's kaiser report until next time but you know. the world is driven by.
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the dares thinks. we dare to ask. in this community there are people who believe that it's ok to suffer actually it's really hard there are no jobs and you see that i got kids that ask and as a parent. i can come up with lots of arguments and there's a lot of conflict within the game and between the 2 teams most of the conflict i would say overall is around money and most of them money is made. close one on each of those he know each other is good business the state of california alone makes $6000000000.00 a year of the prison complex just to get some 20 a life where. you don't care anymore nobody cares about you so you don't care might
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anything. well coming up viewers from around the world live from central london this is. a secure state dominic rob says he is confident the post will pull through as the prime minister remains in intensive care for coronavirus symptoms as britain experiences its worst 24 day death toll registering 786 fatalities probably talking to do you p.n.p. jim has shown i'm very sure. the government claims that must continue to help slow the spread of the virus that says economists estimate it's costing the country 2400000000 pounds a day we hear from former liberal democrat leader and one time business secretary
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vince cable. frontline medics treating patients with claim they are forced to make their own personal protective equipment from improvised materials that's his research suggests the government is simply to be underestimating the number of doctors off work with the virus. and the surge and more people against wearing gloves when asked about join a pandemic saying that he can do more harm than good we have from the doctor himself. the prime minister's de facto deputies says boris johnson will win his battle with corona virus as he remains in intensive care at some thomas' hospital in london and it says the daily death toll in the u.k. hit 7 $186.00 the highest so far. he's live outside the hospital where boris
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johnson is so you said tell us what is the latest what are you hearing about the prime minister's condition. we know that boris johnson of course is now in intensive care at st thomas' hospital here in central london and he has had to be. piracy to positive 490 around 11 days ago he initially was just off isolating that downing street but on sunday evening he was brought to the hospital where the government said and done and he said he had spent comfortable evening however his situation has deteriorated somewhat for him to now be receiving that intensive care and in his absence he's responsibilities are being taken up by the foreign secretary dominic robb who addressed the country in the daily 5 pm briefing to the nation where he stressed that he believes that boris johnson will
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get through this. he's not just the prime minister one of us in cabinet he's not just a boss he's also a colleague and he's also a friend. so all of our thoughts and prayers are with the prime minister at this time with kerry and with his whole family and i'm confident he'll pull through because if there's one thing i know about this prime minister he's a fighter and he'll be back at the helm leading us through this crisis in short order. jaring that same press briefing the well the foreign secretary was flanked by chris with the answer patrick violets who are of course chief scientific advisor and chief medical officer but in response to a question about whether the united kingdom could learn something from how other countries have how do all the cope with 1000 crises there was perhaps difference of opinion between the 2 actually but. we look right way across the world in regular
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contact but with the chief scientific adviser and chief medical officers in other countries to try and understand different approaches taken and different effects you're right the german curve looks as though it's lower at the moment and that is important and i don't have a clear answer for you to exactly what you do is the reason for that and there are obviously 2 things that one will look at in terms of any any response to any outbreak one is the virus itself and the other is the society in which the virus comes and there are things to do with demographics or things to do with the way systems are organized and of course that may be differences in the way certain responses have been taken and we don't know but we're in regular contact with the other countries again so if chris wants to add a new thing to that one i think that the one thing i'd add to that is we all know that germany got ahead in terms of its ability to do testing for the virus and there's a lot to learn from that and we've been trying to learn the lessons from that. now as we heard earlier in the day the death toll rising by really staggering amounts
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786 people in the united kingdom in the united kingdom who sadly lost their lives in the latest 24 hour period after testing positive for 19 and that fall. those 2 days when the death toll had dropped a day on day and so there were hopes that perhaps the likes of king the up was tentatively reaching the peak of this crisis but it would appear that there are still many many steps taking place and way too early for the country or its leaders to be able to say that they are over this crisis but again i just to sum up boris johnson still it insensitive cat according to some reports he isn't receiving any trees or breaching equipment and he's not on a ventilator but you have to also acknowledge that we've heard other statements from the government that bush on this condition is perhaps better than has been told so we will be updating cross any developments that come from he said thank you
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very much indeed for that updates on now for more on this i'm not joined by d.p. member of parliament jim shannon jim great to see here in austin u.k. this is a very serious situation but boris johnson he's receiving the best care well obviously i would expect up there in the camps but also to be fair you say either prime minister it's a need of our country. or of all guilt or. the whole family or thoughts and our prayers just a must. i believe that he will get they best care that there is humanly possible in the right place for a lot. of shit and good indication of just how serious it is on a don't think it's taken as not serious but i think that they have that they. what we do hope that it be started off the polls really to return to his rightful place . at any stage do you think the government is being totally up front about his condition because on sunday it was just a case of taking precautions. well some people might argue.
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i was not about knowledge of just exactly what it was a but i think they have taken every step that we would normally take off their 5 days or even and days where they coronaviruses not approved to think and then you have to take that step and on and they can worry as is it gets the oxygen it needs and the next step of course we all know was the i.c.u. but government officials and those around you couldn't help but rob same damn ticket that they think he's not stronger than none perhaps a dozen to get a bit of us a kiss i hope it has on it as a kiss well that we hope and we pray for his recovery and buck the health insurance and should we worry about the country's government 2nd we could perhaps have a serious constitutional crisis if too many key figures get the virus what's going on behind the scenes one of the 4 wants. well i think government tom there are problems yes they certainly don't like rob was and is certainly the person he would
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. look over the reins or take over the reins of things became worse than the day we have a confidence in him as well to get us the right way we have to trust but we have to trust government we have to trust the science with the trust the medical expertise that they're taking isn't the right direction we have to follow those rules as well look government a set was done on and all of us together collectively as a team across the whole of the day to king and not not can do not if we do it together and work together so yes concerns deep concerns will be a day that i don't pick up to give a current affairs and look at the person and not the new person goes to bed at night thinking but could a virus and we've had friends and loved ones who have died. and i think the fact is bill live a very few families in the whole of the united kingdom if you're but they're not known he will not on who you are not affected by this crooner virus we've seen is a very active member of parliament what about you you know. self because obviously
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he was sitting at the heart of government being hit by this how you feeling is self-induced off even if i'm an monofilament k. i'm a take it but i'm following the rules and the rules are to sell face on it and keep away that this is from people i gave money office forms but all my own all my stuff works from home from their i pods for its government that i made available so i am forced off working for pull off their i pods looking awfully niels highbridge for 'd damn good n.d. ne collect the shoes for the day that they need to cheer up but a hot hard. bell and i mustn't hear their old one of mine stop numbers on our sister. just a week ago because a current virus on down. the new you actually burial was a very. odd thing hard to understand not only can't people who are late for the burial on the on the not was very clear just that the 3 daughters the husband on
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and on the face sisters and look those 'd who were taking the creative hub of the cost of the other stuff never when they here's a moment's rest of us she's innocent she's from australia written in most if not for the service and her sister in a series is also a current of carlson and cheese and hospital on oxygen as well so i think the fact his beloved but very few people he will know someone they're close relative or a very very good friend who will not be affected by this one missile finished. our thoughts are with all those affected jim but what about the future all of governing the country now there's been talk of taking part in an online during a pandemic business has to go on what do you make of that way of doing it. i think i began the fox hunt possibly done lots white house but then we hope to not have to say bill that they the system of the of the. crusade us but my stuff i've
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been chatted to to get all the lot there's quite a queue to try and get all the processed so i think there's a lot of things to hop on just before we eat we can operate along those lines it's about access is fed up at all stop but it will give us a little ultimately stuff to be fair and just people like myself and others cedras to be honest right that i hope they understand how the process works and so i can enable us to do not as well i think they will and again i'm not i'm not up for a profit but could be surprised at government recently saw in the 21st of april and i would be i think it's probably more likely to be the end of april as my mind and i have no reason to say that all done by all got figured out i think as people would just be very very careful up what about the party but i think that the method of government i think it's better that we were able to cover because sure we can and will and that's the recchi of the host of problems or all their solve all the
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process government hostile wall we have to cover us our job unless the job we have to do it was again at the highest level for all jim shannon thank you very much to get on a savant to thank you if you build god bless take care and keeps if. they come in said the colonel down rules must continue to be in force to slow the spread of the virus and applies to all 4 home nations in the wash minister among great food has called for a cobra meeting to review it he said is necessary to look at the restrictions as the initial 3 week knock down period draws to a close when one experts are concerned about the impact of continued shutdown on the economy. estimates suggest the lockdown could cost the country around 2400000000 pounds a day the center of economics and business research as g.d.p. will reduce spot around 30 percent as people are forced to stay at home others predict the economy could be hit by 30 percent in the 2nd financial quarter from april through june if the lockdown remains me marken suma confidence is at its
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lowest levels since the financial crash in 1000000 people applied for universal credit at the end of last month 10 times the average over a 2 week period where former leader of the liberal democrats and former business secretary servants cable told me that the government will face a large deficit after the lock down for propping up the economy. the g.d.p. that the economy is running about 30 percent below what you'd expect it's trend no less supposing an optimistic view that this keep it remains for the next 3 months and we don't know the relief of the lock down in the summer maybe there's a 50 percent below trend in the skin in the 3rd quarter and then we'll return to normal luxe a 10 percent just over 10 percent cuts in the economy we've never had one thing as bad as that even in the financial crisis so it's a very big hit and that is the optimistic view it could be that we take a long time to recover or not so things have been damaged they and it may not may
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not be easy to replace credit from financial institutions will kind of things could happen and it could be we get into absolute w. shaped recovery as. suggested by the return of the virus in places but singapore there seem to have got on top of it and it could be that we don't recover that we just have a lot of damage that just remains indefinite they put out economic advice what would you say to the government to try and stimulate growth again once this is all beginning to calm down a bit from you all experience what would you say well at the moment they have obviously not stipulating directly trying to stop it and that's the whole point about the lockdown but once we get to a point where they restraints on production are removed then it's a question of their breathing some life back into the economy getting people spending getting businesses investing well or that we are going to be faced with running very very large government deficits because it sense the government is
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supporting the economy. debt levels are going to get very very uncomfortable in britain and dates from around the world and there will then be quite a big economic debate about how we handle the legacy. still to come this is. a certain goes online toward the waring clubs to the supermarket could be doing more harm than good we have from the doctor himself. i don't trust medical authority at all ever and the reason for that is i had this horrible autoimmune disorder growing up and it turns out it was completely alleviated with very drastic dietary measures and i went to a number of doctors to discuss what happened to me and i was basically laughed at like diet has nothing to do with our meanest orders so my suggestion to people who
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have health issues they can't figure out if they're going to see a medical professional and they've been going for 10 years and they're still in the same place they should probably take it upon themselves to start testing things out testing out diet testing out exercise and try and figure out things on their own. this is a story of women women with troubled histories and complex called cruisers you know . leave who lives out there. who are not. the person that they're the cheesiness of the considered the most dangerous of criminals she's in a simple. fall the last 23 hours of the day tell me that it's not enough to listen to the. world of women on death through.
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frontline medics treating patients with care of the 19 claim they are forced to make their own mosques i wear and girl's stuff at brighton and sussex university hospital say they've been forced to fashion face masks out of laminate an elastic bands on the front line staff reported making protective gear from clinical waste bags and plastic aprons on some of even borrowed ski goggles to use as protective and wear in for n.h.s. workers has said that frontline medical staff should not be put in such a position is this how we expect those risking their lives in the face of a pandemic to be treated front line nursing staff be forced to make their own p.p.
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to protect themselves the crucial guidance from public health england is clear all n.h.s. staff should be empowered to choose the p.p. very need to protect themselves at work and we will be on the case to ensure that the hospital is implementing this no brighton and sussex university hospital staff or n.h.s. but by the health workers should be put in a position where they feel their employer is prepared to sacrifice their own safety to keep the service running. hospital trust and public health england haven't commented on the situation yet but health secretary matt hancock said that protective kit was on its way to hospitals but that says the latest research by the roll college of physicians suggests the government is also underestimating the number of medics off work due to the virus official figures released by the department of health and social care says over 6 percent of doctors are off due to coronavirus related reasons but numbers revealed by the royal college of physicians are more than double the official figures reaching over 14 percent the doctors
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study also found that just 78 percent were able to access the necessary equipment just over 30 percent could get hold of covert 901 in 10 reported not being able to get tests for patients who met the criteria we talked to a mechanic told me that homemade personal protective equipment leaves medical staff at high risk. it's really sad that this is still going on i think as as an n.h.s. g.p. or doctors everywhere i think we are sick to the back teeth radio hearing from the government not the p.v.t. is on its way the military a delivery get i'm sure the military doing their best i've not seen any sign of but me now so your self-esteem shortage yourself and well not any more but what we recall so ago we didn't have goals to add to see creation say with potential coronavirus instance that has since been remedied we were told initially to to source our own p.p.a. 'd but that has since been remedied but my sister works in my sister's work in
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hospital and i got it from from their particular hospital that they haven't got the right people and the story about drawings and making their own p.b.s. really worried that it still go into homemade protective equipment good enough is it adequate or is this really putting stuff at risk no it's absolutely no adequate you know we're making ourselves it's not to any particular standards and that is there were you know the stuff that is recommended by public health england by the world health organization that it is ok to a particular stand and it's been scientifically tested when you make it out of a plastic bag or anything really makeshift there is no scientific background to it and what it's doing is opening up these and h s which is to getting the infection to being off work and to potentially die as well which is really really sad and only slowly has worked as will do anything for our patients but all we ask for in return is the right equipment. charities of one
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of the fells of people suffering from cancer and other serious illnesses could die as health service resources are redirected to find coronavirus we understand co that 19 is presenting on health care systems with huge challenges but it is important cancer patients and their needs are not forgotten about cheering this time the influx of patients suffering from the virus means that's already a shortage of intensive. care beds while operating theaters have been commandeered to handle intensive care unit overflow this is lead to some surgery been disposed such as heart operations with many patients left on shore when their procedures will go ahead a pandemic has also led to the cancellation of a wide range of clinic appointments as well as mental health services one deal struck between the government and 3 private cancer clinics means that thousands of priority cases will now receive treatment outside the n.h.s. but the strain on his resources is that many patients with serious health issues fearing that they will become hidden victims of the pandemic on the consequences of delaying some operations such as heart surgery could be fatal if you consult and
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cardiologist dr c. of cousin told me it is a balancing act between shielding some patients and getting help for others initially we did some trigger surveys we've got a network of a 1000000 doctors globally called med share with some work that looked like doctors for the numbers of after that patients presenting with down there were in the process of looking at that more closely with the british heart foundation and the initial indications are that the number of large heart attack patients are actually elevation my convolve to patients down by about 40 percent particularly in big cities now what we don't know is whether that's because there are fewer heart attacks occurring which to some extent is called civil if people are at home and resting or not going out but the concern that we have is that those patients who are like who suffer a heart attack are older their light is out the risk factors for the high risk group were trying to shield and we've been so good at getting the message across that those people need to take care of the shield that perhaps they're not coming
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to us for so the message we need to get out is that if you have chest pain if you have stroke symptoms that you do need to call for help. from one surgeon is taking to social media to warn people against unnecessarily wearing gloves when out and about during the outbreak. i'm going to explain why you don't need to wear gloves when you go out you've got your gloves you're at the supermarket you're touching things they go germs you keep touching more things throughout the day with the same gloves and germs everywhere you accumulate and germs your glove is now more full of germs than your hand would have been if you watched each time dr karen rangarajan posted the video on social media up to talk to emphasise that wearing gloves outside a clinical setting could be doing more harm than good or the members of the public have recently been spotted outside wearing gloves shopping and one on al tings the doctor says they can collect and spread more germs while the surgeon behind the video dr karen wreckage and join me again he told me that although wearing gloves
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might be psychologically comforting the key thing is still told wash your hands. the key thing here is that you know that wearing gloves isn't a substitute for hand washing and also you know there's a risk that we might lapse in terms of our you know hand washing take the things like that people may think gloves on their own protect from coronavirus and then maybe lapse on that sort of hand washing routines and things like that and as a set as well you know those are meant to the public you know people may not be well versed with the correct way to remove the plug to our oil contamination of the outside of the gloves and you know a lot of people sequentially it still touch their hands their mobiles their wallets with their gloves so you know hand washing is the ideal way or an answer and talk to the public been well versed you've taken your message is a social media has had quite an impact so perhaps then the public really isn't informed enough. yeah i think so i mean i was surprised to sort of wake up after my
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. printer to wake up with all of this kind of news but i think you know there is a lack of knowledge and lots of fear mongering in the media about massive plots and keep the and i think that's not helps in terms of our public to see this illness and i think it's a psychological thing that people wear gloves and wear masks outside to you know have that psychological safety net as it were. rescue flights for stranded britons looking to return home have been partly funded thanks to the u.k. using and use subsidies scheme the foreign offices use the program to help fund at least 6 flights from countries such as japan peru and the u.s. or other 1000 britons return home thanks to the scheme so far run by the e.u. commission covers 3 quarters of the cost of putting on a government repatriation flight the u.k. remains part of the scheme until the end of the brics a transition period it comes as it's emerged returning britons could have to pay up
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to a $1000.00 pounds a ticket to get home the foreign office at the cost of any special charter flights will need to be shared between passengers and taxpayers a process of more than commercial flights which the government urged travelers to take when they can or some say the government is yet to step in at all one currently awaiting a flight home from the pole marion stewart said the embassies response left a lot to be desired and the flight. which was organized by amnesty and it was $800.00 pounds to get. hundreds it completely lost and there's no you. there and i and it's our absolute not willing to take it or not well difficult i did i'm just going to take a foreign you know irish. and so yeah i'm finding out regions were struck out together so the airports catchment routes get home and you have paid that money already so if you miss the flight you won't get the money back.
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yeah yeah exactly and i'm not sure oh goodness i know that there is the 2nd flight i'm not sure already. but the government has been criticized for not helping the likes of you but you do say that you have been in touch with the embassy because it was the embassy that organizes flights or do you feel you've had enough backup support from the embassy there. no not so as in the embassy you took a very long time and getting back in touch with anyone here has been trying to get hold of people inside a couple of. weeks before we got any sort of response times a time that we're not sure if i'm close. now any same sputnik going such broken ice that i have the last possible minute i understand i've got the reason why it's exciting oh mr lots of complications. here in germany. i asked myself why. and finally b.b.c. radio 3 has been encouraged to play classical music by living composers instead of
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the likes of mozart and beethoven to help them financially join the lock down the as academy which represents british composers says the role to payments would help musicians and introduce the public to less and then what's already 3 controller said he was focused on keeping the station on their own playing the music of living components composed as is part of the plan the chair of the live as academy classical committee told us modern classical music is actually very accessible a lot of music gets performance. that is actually still in copyright interval williams stravinsky shostakovich and so forth so it's not really so much a financial issue it's just a question or perhaps. getting some of the program or it's awards composers and particular british archons as we're the ones who are actually kind of creating the hits on this one not everything is written to terry's sure. your ears are made sure is great i mean actually as
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a lot of music every finger music are composers are current so break it forgot or joe cop out there it's i mean this is music which is actually enormously approachable and i don't see why that would harm anybody if it actually got a bit of exposure and that's all from our to u.k. our colleagues from our t. america will be taking over the top of the air from all of the team here in central london. the world is driven by dreamers shaped by the curse of those words.
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and. the dares thinks. we dare to ask. because the slowness of the blood of them so moving. to build your school the local walls before. much of those who heard it's a preview of the most few other movies who see him will lose most believe most will . move. move but it. will show you this look beautiful little boy meets the.
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