is finance capital is that and finance capitalism is completely different from industrial capitalism industrial capitalism in the 19th century seem to be moving to socialism because it's more efficient to have the government provide public health and public education at a low price because then the capitalists don't have to pay their labor so much if the government supports their cost of living but finance capitalism wants to increase the price it wants the privatized education raise the price of the private housing it wants to not have access. then once they're really support the finance and surance real estate sector the financial sector and so who takes over the state they're libertarianism in neoclassical economics is a you know some pro plan it but they shift central planning away from the government and elected officials into wall street and the financial sectors so we're in a state of central planning that would have shot adam smith and all of the classical icon of us were central planning by banks and their interest is not that of industrial capitalism but the system like tha

on a mystery know nothing about capitalism i know a lot about a blackboard model that i call capitalism which is bears no resemblance to the real thing this solution was to boost consumption is what they call the wealth effect and the wealth effect was to make shares go off in value and that property go up in value and then. would feel wealthier and spend more of the trouble is they doing the people and not putting him down to people with the wealth of bill gates and bill gates might buy one and soon have elements of vinci's koda but he doesn't go shopping it came out and that's what you need to get the man going up and it's the poor have got to direct the spending so so he had a capitalist process that he produced inequality and then the response of the managers made that inequality worse michael didn't the whole point of the program oh i don't like the word transfer of wealth the only kind of transfer of wealth that is spent is the $10000000.00 families that suffered foreclosures and if there are obama the banks not the debtors where there's been inflation of stocks and bonds and real

recommends for a well capitalized bank.so up to the 14.5% level or above 20%, depending on the particular assets or the loans. the liquidity risks points on that and the m.f.c. that we have models have 62.5% of its total assets in the form of long-term loans. this is at year 10. the surplus held in the investment pool are generally invested in short-term liquid instruments. though those securities can be sold and proceeds transferred to the city bank to account for any expenditures needed. that's the current state. using money from the investment pool, however, to purchase longer term m.f.c. liabilities means $750 million or 50% of the i.e.p. funding commitment -- and, again, we were talking about 10% at the outside of the investment pool, slightly higher by year 10. but 50% of that would be in liquid over the near term. not available for immediately recovered. it could be recovered over time but some would be tied up in long-term loans. but on the other hand our model allows for another $750 million, the other half, to be

next 2 days in his personal fight against the coronavirus also coming up francis says unbridled capitalism has failed people in the way off the panda to find out what else is in his latest encyclical that's missions to the faithful today. alec's leaves at least 2 people dead and dozens missing in the french and italian alps. washed away in the worst flooding in living memory. welcome to the program u.s. president spoken out for the 1st time from the hospital where he's being treated for covert 19 he released a video message on twitter adding that the coming days will be the real test in his personal fight against the coronavirus president's doctor also said trump was doing well but following up questions shifted to the timing of trump's infection and diagnosis. world. doing his best to reassure the united states i came here was in feeling so well i feel much better now working hard to get me all the way back i have to be back because we still have to make america great again we've done an awfully good job of that but we still have steps to go and we have to finish that job and i'll be back

kill capitalism. let the other fellow kill god. don't worry about that. just deal with capitalism. don't get into religious controversies, okay? one of the most popular street corner speak eers was a guy nam gerald m. fitzgerald gibben. this is an account of him as a speaker. the street corner soap box speaker never used mysterious phrases. for one hour, he was funny. much funnier than any vaudeville act. when he describe d how the rich lived, the audience nearly died laughing. when he described how the poor suffered, they laughed, too. he would start with a working man getting up at dawn to go to work, sloppy breakfast, dingy streetcar, filthy shop, fat foreman, hasty lunch, weary afternoon, the ride home. rush to the hungry wife and kids. noise of the street. six days of it. work, work, work. work, eat, sleep. whatever marx may have said, fitzgerald he knew his stuff. this is the way my friends lived, like dogs. when they were tired of laughing, he would shout, fools, how long will you stand this slavery? then he explained the economics of capitalism. the people lived and who liv

capitalism is doing the socialist work.it was bringing more and more production under fewer and fewer hands and eventually taking over. that will be the end of that. moreover, berger said socialism is an autonomic change. it is not a social change. unlike the new york socialists were rather tied in with the women's movement, berger is a very strict family man. the socialist family will be upstanding with the man the head of the family and the woman at home. he is rather racist. he is certainly anti black. there are very few blacks in milwaukee at that time, but he can use racist language like any other politician at this time. and milwaukee is the best example of what is called municipal socialism. that is socialism at the city level. the socialist win control of milwaukee. a socialist is elected as mayor of milwaukee for the socialist party. they actually govern quite well. in fact, ironically, the credit rating of milwaukee rises under the socialists administration. why? because unlike the main parties, they are not steal

then there's plenty of seed stock there's plenty of capital in your capital system to smooth it out but if you had to face the current and you interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apples and if you have a club talk or see run by central banks then the worse it gets the more they pay themselves 3. what is the realistic vision i mean we understand that we're not going to go back to the same status quo as it used to be that's just him paul. the board at this point well the thing is i think it is so premature to day to start talking about what is what is going to happen to us tomorrow or the day after tomorrow when we have not being able to solve actual today's problem at today's actual problem is the cease fire because the process itself will define it i think if i'm going to say this is what i want. and the other side will say this is what i have one we are quite apart from each other and that's why the whole process of the gauche agency is important to bring them together in fact during the last 20 years of the gorge a t

capital of washington d.c. in other cities across the country in a march for women. yes there aim is to build momentum to vote president donald trump out of the white house are also protesting against the supremes court nomination of judge amy to replace the late justice ruth bader ginsburg the 87 year old was a liberal and feminist icon let's get more on this for president jordan in washington d.c. and rosa protests is pretty clear what they want to achieve at this protest. actually nick they were very clear in what they wanted to achieve during this protest you saw some people talking about black lives matter you saw some people talking about the right for reproductive justice you saw some people talking about the need to vote donald trump and mike pence his vice president out of office you saw some people talking about the need to protect the supreme court from people such as amy county barrett who has been nominated to fill the vacancy on the high court no unifying message no real social distancing at this event and it's worth noting that top perhaps just a few 1

but beyond that, morgan also controlled the flow of capital. this really worries power and influence came from party to he was wealthy but he wasn't the wealthiest american. but he threw his bacon through jp morgan control capital from europe and america. decide where it should go . along with that, took seats on a lot of the companies that he was investing in. snarling did he have an armless control over kind of the financials against city had to say now the companies all across the country will run. and among those companies was a railroad . like very important. they had grown rapidly, recklessly. they had gone bankrupt, had caused depression sprayed and ended a certain point the investors were so frustrated that they asked him to get more involved now is a process that was done so forcibly. then it became known as an organization rather than reorganization. he was going and he would disrupt the company and take a big stake. and smooth things out. so by the time he takes office in morgan is on wall street, there are the two most powerful peop

we begin with breaking news from the french capital this evening where a teacher has reportedly been capitated in an attack near a school in a suburb of paris the suspect has been shot dead by police and the terror investigation launched let's go straight. to our key charlotte charlotte gruesome details emerging. yes indeed we understand that the man who was dick capitated in this gruesome horrific attack is said to have been a history teacher at a local school in a region to the northwest of paris we understand that the background to this attack is that the teacher had shown a class of students in late september early october some caricature some cartoons of the muslim prophet mohammed as part of a lesson on freedom of speech now we understand that some of the parents had reported the teacher for that action in class what we understand that happened today is that reports in the french media that an 18 year old suspect capitated this teacher close to the school in the afternoon of friday some people say around 5 pm local time we understand from french media that he then tweeted did a

of the capital city of. the. republic was shelved and i mean i'm speaking about civilian shellings as world 3rd we should not. forget. in this account the real fact who started this stage of war it was the us there is side clearly. the people of nagorno cut above the republic of arts. so violations are there there are fortunate and i think all parties have to put a lot of efforts in order to stop it and of course it's very very important to have make an american is a verification of who is breaking the cease fire i mean these are many ways of doing that internationally using technology but that should be put in place because until the cease fire is not established fully the humanitarian side of these cease fire will not be. not and neither of sides will be able to use that laws are a sham for its part has denied violating the cease fire and we spoke to former azerbaijani diplomats elnora he said his country's merely claiming back its own. i don't think that the you will find an a citizen among the un member state

reports from they're going to care about capital as rockets rain down knocking out power and driving residents of the disputed region underground. violent clashes in chile is sparked by a video which appears to show police throwing a teenage boy off a bridge. and the city once known as the pile of the ohrid 612 decades of decay and restore some of its former glory. doctors treating u.s. president donald trump for covert 19 have revealed that his oxygen levels dropped intermittently on friday and saturday despite that they say he could be discharged from hospital as early as monday and then as his briefing from the walter reed military hospital doctors said trump's condition continues to improve and he hasn't had a fever since friday but they also told reporters he's been given the drugs dexamethasone a steroid the world health organization only recommends the severe cases that's in addition to the antiviral drug does appear and an experimental antibody treatment. in response to the transience low oxygen levels as dr conley is discussed we did initiate document his own therapy and he

residents even more vulnerable to the coronavirus we talked to an environmental expert in india's capital who warns the pollution could complicate the battle for anyone contracting coverts 19 also coming up the worst storm to hit vietnam in decades rescuers race to find survivors as the country digs out from type from the lobby. what have you heard about this detective is crime solving skills are legendary in his part of pakistan when it comes to stolen cows. i'm melissa chan welcome to news asia thank you for joining us pollution and gulf india's capital delhi all year but winner sees the air quality drop to its lowest levels it's a toxic soup that stings the eyes burns the lungs and makes it difficult to breathe and delhi now appears to be heading towards another surge in coven $1000.00 infections health experts worry the smog could worsen the viruses spread and make it even more deadly near a charger he reports it's the onset of winter and at the end she has engulfed the city. the air quality in delhi one of the most polluted cities in the world this is believed to do the rates during

bars and cafes close those europe in france an increasing number of new covidien factions the french capital on maximum alert but there's growing criticism of the measures as well. and. a once overlooked painter from the italian renaissance gets a long overdue international show at london's national gallery. i'm brian thomas good to have you with us today u.s. president donald trump has returned to the white house after being hospitalized for covert 19 his physician says he'll receive further care over the coming days but a number of white house staff have been infected as well we'll go live to our washington correspondent after this report. it was a determined donald trump wearing a mask who emerged on to the steps of the hospital 4 days after he shocked the world by announcing he and 1st lady millenia had tested positive for covert 19 trump was back. after the short helicopter flight to washington the president crossed the white house lawn and strode up the stack case. he made a point of removing his mask offering a salute to the departing ecru and there was encourage mint for the other 7

world capitalism continues to restructure controls 95 percent of the world's wealth so 80 percent of humanity controls only thought of percent of the world's wealth and under those conditions under this conditions of extreme inequality those that rule the world including warren buffett needs to develop systems of extreme control and repression but you know i want to add one of the thing when we talk about warren buffet and what i refer to in the book as the transnational capitalist class and the 2nd dimension of global police state as independent of the systems need to repress and to wage wars and so forth to hold the mass of humanity down global police state is a men's profitable at a time when the global economy has been in chronic stagnation and so we see that the whole global economy and society is increasingly dependent on militarization and wars interest actual social control just to keep the global economy moving forward he used the phrase military keynesianism i should say you also mention the fact that citibank said invest in luxury goods because there's no point investing i

new book traces the past present and future of state coersion and its critical connection to global capital joining me now from los angeles is the author of the global police state professor william i robinson thank you so much for coming on we got a hint arguably of the global police state from wiki leaks they released the iraq war logs 10 years ago this week if this month what is the global police state the title of your book i mean 3 things by global police state but let me put that in context by saying the starting point for the discussion of global police state needs to be this severe crisis of global capitalism the pandemic didn't create the crisis it only made it much worse and in talking about global police state there's 2 dimensions i want to highlight one is the structural technically we call it over accumulation but it's a crisis of chronic stagnation in the global economy and the 2nd dimension of that crisis is is political this one of state legitimacy and capitalist henschel money so i mean 3 things by global police state and the 1st as we see the deepening the and the extensio

early closing time in birthday bottles and clubs in the german capital now have to shut their doors at 11 pm authorities are hoping to avoid a new dumped out despite pricing corona virus infections and. after a long absence crucifying coronavirus restrictions the royal ballet finally returns to the on tuesday. i'm rebecca riches welcome to the program a ceasefire between armenia and azerbaijan appear to have been short lived as a vision and defense ministry has released footage of what it claims are strikes against the armenian army it says the attacks are in retaliation for mania violating the cease fire. in turn has accused its follower of breaking the deal the 2 former soviet republics early agreed to russian demands to hope they had decades long conflict of the disputed region of nagorno-karabakh. hundreds have died in fighting over the last fortnight caught in the middle felson of displaced civilians . the mother and child forced to take refuge in a school. who is just one of several azerbaijani families who fled here from nearby villages there escaping heavy fighting near the bor

infections by spain is the worst hit country and authorities have declared a state of emergency in the capital the drug a doctor on the front lines there tells us why the virus is once again spiked. and a truce in nagorno-karabakh quickly collapses by john and armenia trading accusations as missiles kill civilians in a number of cities. plus nigeria disbands a notorious police unit used of police brutality authorities found public pressure after days of nationwide protests against lawless cops. i've dr thomas could have you with us today more european countries are reimposing tough coronavirus restrictions as the continent grapples with rising infection rates spain has the most cases in europe now over 860000 central government has declared a state of emergency in the capital the dread doctors have told d.w. they are simply overwhelmed. the lineups continue to get longer in front of moderates health care centers. the workday should already be over for dr mano garo but she's making time for a quick interview outside her clinic the authorities have banned doctors from talking to the media howeve

the problem is not to come up with financial or sources of capital.o we deploy it right now? anso, scott, is the spac investment vehicle whose time has come? is it perhaps a little bit of financial engineering? forperhaps, forgive me misinterpreting. it anjust that is investment vehicle whose time has come or is it merely a manifestation of speculative assets? scott: i think speculative excess, just like in other areas, is accelerating its growth. is the spac as a vehicle ultimately going to be transformative for the capital market in a way that was similar to high-yield bonds and became transformative for the capital market. there were lots of fits and starts in the early days. building the business that he built. of course, later on, there were a lot of abuses in high-yield bonds, of companies that really shouldn't be borrowing money in the capital markets getting cash. the like this, you know, history of spac's is a pretty dismal one. of all the spac's that have been done, over 70% of them are -- i think that has to do with two things. one is a lot

>> his grievances against capitalism was a monopoly, corporate capitalism that he had the most trouble with. that is why he felt that an overthrow of corporate capitalism was in order. his grievances against them was you cumulation of wealth in the hands of the pew, and the controlling -- what he argued early on was that combinations of corporations of business owners would be able to get together to control many aspects of the economy. that's what he was clearly against. what he advocated were labor unions a similar combinations of workers who could then work together to break the monopoly that corporate entities have been forming with each other to control many aspects of the economy at the time. in that way, people argue that our time period is very similar to his time period, the growing gap between the wealthy and the less than wealthy. >> the mechanics that he used to organize them. >> i think it's an interesting question. it isn't the case that socialist, one of the things that made debs socialism make -- work in a way that had not worked before was their talent for organizing.

this was the police response on the streets of the belorussian capital moods. in what the opposition is calling state sponsored violence. security forces deployed stun grenades and tear gas on protesters who'd been marching against the president alexander lukashenko. the rally had started peacefully with wide columns of demonstrators fanning out across minsk they were heading for the president's home determined to send him a mess. ssage that it's time to go. the march was called by opposition leader scott liner taken off skier who'd given location can till the end of sunday to resign or face a nationwide general strike. organizers say more than 100000 people were out banging drums chanting strike and long live bellow roast. chicken or scalia has managed to galvanize an enormous part for her was a yes or a she called herself a housewife and president elect. recognized by most european countries always gotten out of order for her. this is the 11th straight weekend of process since the disputed election in august 1. that the opposition says was rigged taking a ski

i'll go full his main opponent to lease and finished his campaign in the former capital. he recently returned home from belgium to run for president he left tanzania 3 years ago critically injured when he was shot multiple times pass aliens who haven't been caught he's accused the president of being a dictator and doubts the election will be credible. there wasn't any local mission has the responsibility of preventing whereas in bed announcing it is old before counting he's concluded he's creating room for kaos. do not allow them to announce pretty much what is or even go to the date i ot's also being held in the semi autonomous indian ocean i keep a log of which has a history of contested polls and violence after results are announced opposition leaders have accused police of using force on protesters who allege some ballot papers had been pre-marked there is no doubt of this election far from being free and. without doubt as good issues in this election possible of course. the playground is not level both in terms of the institutions which are governing or managing the

thousands marched through the colombian capital bogota calling on the president to resign. and in some of the clearest language yet the catholic pope says same sex relationships should be protected by law. but we begin in the united states for top intelligence official say russia and iran have obtained some voter registration information the directors of national intelligence and the f.b.i. say there will be consequences for any foreign countries that interfere in the vote mike hanna has more from washington d.c. . well it was certainly a very dramatic news conference hosted by the director of national intelligence along with the director of the f.b.i. intelligence sources for a long period of time have been warning that russia is involving itself in the us electoral process just as it did back in 2016 when president trump won the election however on this particular occasion though both the director of national intelligence and the director of the f.b.i. insisting that iran is playing a major role in this interference as well alleging that iranian agents had been sending e-

we have a report from the capital.eporter: in early morning fire set by arsonists barnes at a government bus station in lagos. officials say 30 buses were destroyed. security forces opened fire at protesters the previous night. the standoff continues. the lagos state governor who victims -- who visited victims of tuesday's attacks is more than two dozen have been hospitalized. >> pray for the recovery of the injured. we're confronted that we have not -- we are confident we have not recorded any fatality. reporter: but protesters dispute that. >> i cannot really say until we know who was shooting. i cannot give you the number of casualties, because i am not god. i had to run for my life. everyone was running for their lives. i escaped. reporter: amnesty international agrees, saying there appears to be credible evidence of fatalities. but pictures have not been independently verified. united nations secretary general has spoken with the president in recent days, and has called for restraint. >> the secretary-general said

if you are interested in more about capital g. including how it got started in this relationship with google, we covered it in our podcast. "press:here" will be right back. >>> welcome back to "press:here." if you are my family, you are still up in the air as what you are going to do for the holiday? do you travel? and what about older members? or do we go over to grandmother's house or do we do everything on skype? we celebrate christmas in my family. nobody is sure if the grandparents should put up a tree if we are all coming or should we get our own tree. among them is matt harmon, the ceo of folsom hill christmas trees. one of the best christmas trees out there. i am not going to say merry christmas because you know it is still october, right? >> it sure is. it feels a little early. >> but for people who's thinking about buying christmas trees this year, you are in the sort same of quandaries as recome up to halloween here that manufactures are not sure what's supposed to happen or how many you should make of these things. >>

morgan -controlled capital from europe and from america, decided where it should go and along with that took seats on a lot of the companies that he was investing in so not only did he have enormous control over kind of the financial spigots but he had a say in how companies all across the country were run . among those companies were the rail. as i mentioned, are important . grown rapidly, recklessly. had gone bankrupt. and caused depressions and at a certain point railroad investors were so frustrated that they asked morgan to get more involved in order to protect their own money and that was a process that we've done so forcibly that it became known as morgan is a period that is reorganization when a company goes bankrupt so morgan wouldgo in , fix up a company, a big state move things out for hisinvestors . so by the time roosevelt takes office and morgan is on wall street, they are the two most powerful people and that the two come into conflict. >> morgan securities, this is obviously the roosevelt of his first turn, this is an important part of that story but can you tell us from

what should happen now and that the army should keep on pressing burdensome if there is an army as capital you're avan with more. the armenians say they've been pushing for several days now to get this humanitarian ceasefire agreed on and it's taken 2 weeks to get this far it was russia that got the 2 sides to agree to a humanitarian cease fire to the handover the bodies of killed soldiers and their exchange prisoners of war and wounded soldiers it was never quiet enough along the goal line of contact never peaceful enough for them to be able to pull both sides to be able to agree to do this there was an attempt last week on one local attempt to do it on one part of the line of contact but even that failed after a few hours because firing started again so this decision by the there is to hand over the dead bodies of the armenians had already earlier on agreed to some sort of handover of bodies and prisoners of war is a step forward armenia needs the cease fire to carry on its suffered now $675.00 armenian ethnic armenian fighters have been killed in the fighting and armenia has lost contro

either you have reaction defined by capitalism and imperialism, or you have revolution. there was for lenin no third way. and this is the slide i used to represent wilson's conundrum abroad, the kaiser on the one hand representing unaccountable power, lenin on the other hand, representing the inevitable revolutionary response to unaccountable power and wilson coming into the war and then coming to paris to try to hold the fort against both of these threats. okay. so what were the main components of this wilsonian third way? in the context of the paris peace conference. put simply, they were the league of nations and the principle of self-determination. let's take each of them in order. i know you have heard quite a bit about each of them, but let's take each in order and examine them in the context of this framework that i have set up for you. first the league. the crucial point here is that in wilson's original conception of the league, it was not simply to be a body that would coordinate among individual fully sovereign nation states, which is what it became later. rat

the m&a franchise, the capital markets franchise, fixed income. we are very competent in our abilities. we have been taking share. we have been taking advantage of an increase in the while it. clearly activity levels are high , and we are but is abating in that, so we feel comfortable about our positions, and i am really proud of our franchise. guy: you have just delivered the .econd highest profit ever given the background that we face at the moment, are you surprised by that, and is it sustainable? jonathan: again, the future outlook i think we are pretty constructive on. markets are constructive. we feel good about our positions and our business. but it really gets down to our unique business model. we have a world-class integrated investment bank. we are the largest wealth and investment management business. that business model is very well-positioned. we have limited exposure to net interest income, and limited credit exposure, which has been a highlight for us. our results have been quite strong, and i think that is driven by our business mo

you can't have capitalism without capital and you can't have tapped at all without giving people an interest rate to incentivize them to save. and the reason you do that is that if there is a downturn like the coke then there's plenty of seed stock there's plenty of capital in your capital system to smooth it out but if you defaced the currency and you know interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apples and where you have a cutoff for c drawn by central banks then the worse it gets the more they pay themselves. on. the window sill job lol but that goes double of i'll just. keep on going to work because i want to buy digital audio. out of the. elite. but there are also france the us are still so but the sole hoping to do something this year. so yeah it sure will. they gathered up i think there's a lot of oil about what's up with a lot of that kind of approach that happens. off. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you

look at some of the other stories making headlines around the world security forces in the russian capital minsk have been preparing for another sunday demonstration previous sunday march as i've seen numbers above 100000 show up to protest against the strongman alexander lukashenko is ruled on saturday media reported around 20 people were arrested in the city of saudi horse. turkey has condemned what it calls attacks on civilians by armenian forces in the us of a john city of ganja one person was reported killed fighting has flared up over the breakaway region of the gone across back and which turkey backs by john officials there accuse us of it john of shelling the main cities step on a cat. voters in the french archipelago of new caledonia have rejected independence turnout was high in the referendum on whether to break away from france after 170 years officials said 53 percent had voted no to independence a small percentage of them in the last referendum 2 years ago. unrestricted capitalism and trickle down economic policies have failed people in the wake of the coronavirus pandemic th

you can't have capitalism without capital and you can't have topped it all without giving people an interest rate to incentivize them to save. and the reason to do that is that if there is a downturn like the cold then there's plenty of stock there's plenty of capital in your capital system to smooth it out but if you deface the currency and you know interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apple where you have a club top or c wrong by structural banks then the worse it gets the more like a themselves. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them under-age. los angeles police reveal a taste of their daily challenge no if you're going to exploit our child here in los angeles there we're going to come out you see officers going undercover as 6 workers and customers to fight 6 trade. 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 show business i'll see you then. just say i don't kno

joining us, cole smead, smead capital management president. jp morgan, bank of america are his number nine and 10 holdings. he also owns wells fargo. he joins us from phoenix. what do you like about the reports and what did you not like about the reports? cole: the more on the risk side the business is and the more capital markets related, you are seeing more diversification, extra income showing up by those places. i think that is a blessing today. the problem is i think in two or three years that could be looked at a different eye. you mentioned how robust the outlook of what is going on in the capital markets activity. if you could read between the lines what is being said is, it really gets better -- rarely gets better. the consumer bank site is doing poorly because it has to do with rates and people are scared about the economy and the consumer. his help -- the household debt service ratio is the lowest in 40 years in the entire time they have recorded the data. i think the consumer banking world is going to be more attractive to investor

and for the discussion of global police state needs to be this severe crisis of global capitalism the pandemic didn't create the prices it only made it much worse and in talking about global police state there's 2 dimensions i want to highlight one is the structural technically we call it over accumulation but it's a crisis of chronic stagnation in the global economy and the 2nd dimension of that crisis is is political this one of state legitimacy and capitalist henschel money so i need 3 things by global police state and the 1st is we see a deepening the and the extension worldwide of transnational systems of social control of repression militarisation and warfare all around the world and we see that in order to contain the real and the potential rebellion of what i call in the book surplus humanity and the mess of the downwardly mobile and destabilized and conclusively impoverished global working class and you know very quickly the international labor organization has already reported that one 3rd of humanity that 2000000000 people in the world are at this point of what i call surpl

for the progress of this old throughout the capital there are several collection points by activists this initiative of the people they want something from the or we're already sent from riot trucks just today was sent about 150 baht boxes i think of big portion of the salary we must be spent this way . we hear to stand our support to frontline troops we want to assure our soldiers there we're always with them. it's statement even should that be the big gratitude to the people for this as well in the same time they said that people military personnel leave who are equipped and provide it was all neat and in order to prevent any kind or misuse and irrational or he shoots him you saw the president set up a temporary hotline where people can get in touch with the officers in the missile defense and then they will help them to reduce tribute the assistance to the destination final destination that of the soldier or national army. another. trump is back in the white house he had spent 3 nights in hospital after testing positive for cope with 19. learned so much about coronavirus and one t

capital has finally managed to stage one of its most popular sporting events the london marathon was 6 months late and severely cut down form usually around 40000 people were on the streets of the city at this time elite groups of 39 men and 25 women ran 1000 laps of a close circuit and there was a major surprise in the men's race as andy richardson reports. a fresh springtime morning usually greets from his at the london marathon. due to chronic virus the race had been delayed until this much colder time slots event normally has more than $40000.00 entrants but this shit was restricted to elite competitors running laps of a bar secure circuit kenya's world record holder elliott kip shogi was expected to dominate the men's race particularly in the absence of the injury theo p n can a niece of the kaylee the 4 time winner was dropped by the leading pack in the final stages and after more than 42 kilometers of running ethiopia's surekha totter on a sprint finish to claim a surprise victory in a time of 2 i was 5 minutes and 41 seconds the biggest win of his career sorry for keep choky

restrictions for a lock down light as of next monday the creative community was out in force in the capital yesterday to make its feelings felt and earlier today i spoke to theatre director thomas but 1st this restore this report. bar and restaurant owners artists and entertainment industry staff took to the streets of berlin on wednesday that's widespread concern about the new coronavirus measures that will close businesses for several more weeks one of the speakers was the singer of punk rock band knowles and. as you are and we're talking about more than 1000000 jobs and livelihoods since march people have had to live as if they were banned from working will operate without any profit because of the restrictions how does it feel to be banned from working virtually overnight since march and not a cent has fallen into your wallet since then warm words are of little help here in the world today. most of those who attended the demonstration have been directly affected by coronavirus restrictions. came from distilled off she usually unsound money as a singer but she's been forced to take a par