up when it comes to electric pieing their fleet but it's also about the mass market for example paul krugman is going to cater more to the mass market have less prized cheaper biko's in place than test another one frankfurt thank you. it is august high summer here in europe and slowly but surely toilet for farmers to bring in the harvest initial estimates say germany will see a lower we target as this year following 2 years of drought the coronavirus been damaged of course will show its impact as well. stefan de takes combine harvesters wheat in eastern germany after 2 years of drought there was enough rain this march and april to ensure an average crop of $5.00 to $8.00 tonnes per hectare. and those 2 drought stricken years dittrich made barely any money with wheat as the yields were much too low to get paid quickly the farmer now sells about $1.00 3rd of the harvest directly to a dealer about 1500 tonnes or $38.00 containers full are stored he's betting on rising prices in the winter months even though storing the grain costs money. or interventionism and it's like like if i ended up givin

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i have seen columns like paul krugman's column in the "new york times" saying, if only the u.s. was more like italy, right? i would urge everyone watching who is particularly interested in this to go to the johns hopkins website. every day it is updated to include the fact comparing what's happening in each country with covid-19. one of the most important things to look at is the case fatality rate and also deaths per million population. you will see that despite paul krugman's claim that you would be better off in italy, the fact is the u.s. is doing much better than many of these european countries on saving lives from the coronavirus. for example, when i look at the case fatality rate, 3.2% in the u.s.. in the u.k. it is nearly 15%. in spain, 8%. france, 12%. even germany is a bit higher. get covid-19, your chances of surviving it are significantly better if you are treated in a hospital in the u.s. than in europe. of course, that doesn't include chances of getting the infection. that is why you would look at the second set of figures, deaths per million population. there aga

it's doubled since 2005 but household that is also rising corporate debt is even rising even more paul krugman says it's just debt we owe to ourselves so is this debt an issue at all well i mean it's certainly an issue for for the average american who's who's holding that debt and i think that's what makes again going back to what's potential in this moment i think the average american who hears that thinks beyond. you know what i mean like of course of that that can't be the case how is it that we live in a system where that's the case for the highest levels of government but not for for me right ed and what where does the translation happen where all of a sudden debt becomes ok how big do you have to be for that to happen and when people begin to it they realize that there's basically no way to actually ever pay this debt back and so really we're in this weird situation where it's so strange to see that the solutions that are being presented you know you have on the one hand the m.m.t. years were kind of pushing this narrative and in a strange way i find them the most arrogant about the plac

the former fed president of richmond is on the same page with the wonderful paul krugman from "the newk times." krugman says, how can this be happening? kevin cirilli, let me ask, in washington, how can this be happening? kevin: it is the culture that has led to this addition, with both sides feeling there is no political willpower to make a compromise. compromise in this town has become such a dirty word. i spoke with one well-placed source who is very close to the white house who told me essentially that they are looking at the end of this calendar year beyond the election, and they are well aware of the economists predicting that massive furloughs, massive layoffs would likely be in the pipeline in the fourth quarter of this year. the stalemate is even more perplexing when you look at all of the economic data. of course, we are quickly approaching another indicator. but when you look at that, juxtaposed with the inaction coming from the nation's capital, it is going to lead to a palpable anger over the next three months. avenue 1600 pennsylvania looking into next year and a minority

paul krugman, thanks very much. see what happens. see if that happens. thanks for your time. appreciate it. >>> on a normal day, the town of st sturgis south dakota has about 7 million people. over the next few days a quarter of a million people expected to visit during the middle of a coronavirus pandemic. we take you there live, next. you're in the "cnn newsroom." build up ae its not as hygenic as you think use finish dishwasher cleaner its dual action formula tackles grease and limescale finish clean dishwasher clean dishes you have the support of a, probiotic and the gastroenterologists who developed it. align helps to soothe your occasional digestive upsets twenty-four seven. so where you go, the pro goes. go with align. the pros in digestive health. and if stress worsens your digestive issues, try new align digestive de-stress. it combines align's probiotic with ashwagandha to help soothe occasional digestive upsets, plus stress that can make them worse. and try align gummies with probiotics to help support digestive health. ok. it was an accident. he was tickling me an

paul krugman has rightly described this more as disaster relief than a traditional stimulus program. still it seems to gall republicans who don't want to engage in bailouts. state and city governments run by democrats which they many claim are bloated and mismanaged. even if their claims are true, and in many places they are, it is irrelevant to the current situation. new york city may be badly run, but its subway ridership has dropped by 85%. and its sales tax revenues by 30% for reasons that are mostly unrelated to this mismanagement. these are also extraordinary times in another crucial and positive sense. with rock bottom interest rates, countries that issue debt in their own currencies, such as britain, the united states and japan, have a golden opportunity to spend money at little cost. the u.s. treasury can issue 30-year bonds on which it pays less than 1.5% interest. now, democratic and republican negotiators are apart right now by about $1 trillion. so that works out to annual interest payments of under $15 billion. that is less than 0.5% of last year's federal budget. the f

however, it must be noted that as one expert told me, paul krugman, the nobel laureate, what's calledpike in europe would be an inconceivably good day in europe. even in a country like spain, it's 7.1 new cases per 100,000, compared to 17 in the united states. in germany, it's 1.1 new cases. so it's much, much less, but they are concerned. and naturally as you all know, it was one thing to give clear orders to shut down, lock down, self-isolate at the height of the pandemic. the orders and the rules have simply been chaotic and mixed in the lockdown easing phase. and that's a big issue. >> i mean, there's no doubt that as things open up, you're going to see this up and down. there's going to be new cases. but are there precautions that countries are putting in place to avoid those from turning into bigger spikes? >> reporter: i mean, there are. but as i say, it is kind of easy come, easy go. as you were just saying, people know what works, wear the mask, keep two meters distance. and you're seeing too little of that these days. however, germany, which has been good on testing from the