i think the us treasury bond is probably have to undergo a massive downgrade and by moody's, an s and t. it's not a trip lay credit. it's a triple c credit that's, that's a junk credit. the american bond rating should be junk. same thing with the united kingdom, that's a junk rated, sovereign debt piece of paper that's not worth anything. that's why you see negative interest rates. because it's so difficult to sell these things. but the actual bank, it prints and buys back their own paper at a massive loss. that's called debt monetization. this is what we've always explain how these other countries in the so called banana republics, i've run into trouble by buying back their own debt. well, now america is doing the exact same thing, and united king is doing the exact same thing. these, these economies are in dire circumstances right now. you mentioned the national debt that the ratio at the national debt, of course the deadline to increase that ceiling in the u. s. is looming. do you think leaves inflation rates will have an impact on that? there is not a debt feeling in america. it's

are watching from bloomberg intelligence, that netflix could be raised to investment grade by moody's and sithin the next six or nine months. they say this is not yet fully reflected in its bonds and it is interesting to keep an eye on one factor reaching this upgrade , its debt to market cap ratio, above 6%, among the lowest among its peers. netflix has been funding some of its businesses with debt. matt: very interesting especially considering how much -- let off in the reopening. i know we are at different phases, but you still may be stuck in front of your tv more often than i am, and of course we all watch the squid game, but eventually we will go outside and do other stuff. amanda: we all watch the squid game, by the way. some of us find it terrible. to your point, there is a lot to this stay-at-home trade. speaking of trading, tradezero is one to watch, it provides free subscription-based software for active stock trading. it is merging with activision, a spac. it gives the combined company and enterprise value of $556 million. for more on the decision, the tradezero ceo dan pipitone

s&p, fitch and moody's cut the chinese developer's rating on tuesday as concerns grow about contagion risks from its larger peer evergrande group. fantasia said it will assess the impact of the missed bond payment on its financial condition and cash position. singapore sovereign wealth fund g.i.c. is considering changes to its portfolio in response to china's wide ranging regulatory crackdown. c.e.o. lynn chael cot says g.i.c. will favor sethors supported by the government including semiconductorrors and health care. plenty more to vonnie: i'm vonnie quinn with first word headlines. securities and exchange commission chair gary against already said the u.s. will not follow china's lead in banning digital tokens telling the house hearing the government's focus is on ensuring the crypto industry adhering to investor and consumer protection rules. and anti-money laundering regulations and tax laws. beijing last month issued a sweeping ultimatum against crypto trading all transactions. saudi arabia has cut prices for crude oil destined for asia. its biggest market. saudi aram co-lowered i

s&p and moody's cut the rating on tuesday as concerns grow about contagion risks from the largest evergrandentasia says it will assess the payment. one of nintendo's most popular games will soon feature a new character. the teenager from kingdom hearts and one of the most popular characters from gaming. she will be the final character addition. the livestrong announcement drew more than 600,000 viewers. let's take a look at what we are watching as the japanese market start trading. sophie: nomura warning the collective move could continue until we get clarity on earnings season especially given the profit margins on bid this energy crunch. the topics sitting above a key support level. a weak start to the market for a month that is typically a good one for the index. futures this morning could see gains at the start of cash trade in tokyo. three and stocks led by internet names. some analysts to see a buying opportunity. the growth and history not being impacted severely. jp morgan initiating coverage of mikal bank. we are watching lg cam. the ev battery unit agreed to a supply deal with sigm

moody woods . this is europe, and i'll just be around in the vietnam war, the u. s. army used to heidi talks to con, beside with catastrophic consequences. agent orange was the most destructive instance of chemical warfare. a decade later, the same happened in the us state of oregon. these helicopters flying over the ridge brang something they didn't even see the kids. but 2 women are still fighting for justice against some of the most powerful forces in the world. the people versus agent orange. coming soon on al jazeera, in 1958 charles de gaulle made a famous speech, and algeria, i thought he could not hold back the tide of algeria independence or keep francis colonies in africa and the pacific. in the final episode of the series out there explores how the long and bitter fight for the french empire still resonates today. reluctant is french, the colonization on al jazeera l. ah, be the hero, world needs right ah washer. we understand the differences and similarities of cultures across the world. so no matter when you call home will be you can use in current affa

moody's yesterday, a stable outlook. we'll just have to watch the clock. >> you can't argue right now, if we had the s&p, if you're listening, don't you have to downgrade in advance because that would seem right. let's say it was a stock, and we hear this talk i mean, would you talk it -- maybe they would -- >> speaking of hold to still, goldman cuts american to sell, and jetblewue to neutral. i think it will create indio sin crattic reasons on some of these car carriers. >> they did that with steel today. i thought it was outrageous. they went with cleveland cliffs from hold to buy if steel is that good, it sells at two, three times earnings, but they downgraded nucor. i will respond to this, i think nucor is best in breed i think that they don't factor in best of breed nearly enough cleveland cliffs, as much as i like them -- i had the ceo on a bunch of times -- nucor is doing good things. if you get an infrastructure bill, you will regret selling that i know i would be pilloried if i did that why not own up, saying we missed the top, we're late. >>> you had a great e-mail in your investing club last night around three ga