point five percent since two thousand and ten more than in euro zone crisis countries such as spain cyprus wages used to provide the capital that feel the capitalist economy but the capital so-called that's fueling the speculation is borrowed money you don't need the wage earners anymore you don't need people working because you don't need their taxes it's a prayer for us in this economy you don't need that money because you can borrow from the bank of england for zero percent you don't need workers just like saudi arabia they don't need the people because they just sell the oil so there is all of archy there's a royalty there's five thousand princes then everyone else lives in abject poverty same thing in the u.k. you've got the bank of england which is a gusher of free money we don't need anyone else we don't need their wages we don't need their taxes so they can all just die and that's the message from cameron wake up and die you sorry ass mo fo that's david cameron matters to you the united kingdom good luck with that. and some other world news in brief for you now that. more than twen

point five percent since two thousand and ten more than in euro zone crisis countries such as spain cyprus wages used to provide the capital that field a capitalist economy but sense the capital so-called that's fueling the speculation is borrowed money you don't need the wage earners anymore you don't need people working because you don't need their taxes it's a prayer for us in this economy you don't need that money because you can borrow from the bank of england for zero percent you don't need workers just like saudi arabia they don't need the people because they just sell the oil so there's this old darky there's a royalty there's five thousand princes then everyone else lives in abject poverty same thing in the u.k. you've got the bank of england which is a gusher of free money we don't need anyone else we don't need their wages we don't need their taxes so they can all just die and that's the message from cameron wake up and die. that's david cameron's matches to you the united kingdom good luck with that all right stacy ever thanks for thank you max states for the second half of a w

inflation do you really yarrow when things start settled there i think it's still likely that spain greece and cyprus are going to break away from the euro so you know what exactly does that do to the euro if you really want to be holding dollars now the answer to that question depends on how they break up yes there's germany leave does germany exit the euro which is what i think ought to happen or does it break out piecemeal in a very destructive manner so either way you got some currency issues there and look at history going over it down for the bank of england do you really want to bet on the british so for all of these reasons the u.s. dollar didn't collapse and except i guess in comparison to what they are collapsed against seeing it as gold went through two hundred fifty dollars an ounce in two thousand to over nine hundred dollars an ounce and everyone thinks it's the end of gold because it fell back to twelve hundred. i think it just took a breather just a breather i guess we're definitely still in a cycle or bull market in gold what do you see as a future for gold and how does this i'd like

spain look and go oh, my god. we have just seen what they did with cyprus, i was just over there a few months ago, i he tok a 60% haircutver 100,000 euro. we are going to see haircuts is what they are talking about. david: are you shorten the country? >> use the future too short the 10-year bond. david: imagine a new test for college seniors that could be a benchmark for potential employers. it is about to become a reality but will it do anything to prepare college grads for the global economy? cheryl: some of wall street's biggest players are set to cut designs of a key business that has been one of the biggest profit drivers. everything u.s. investor needs to know. cheryl: time for a quick speed read of the other headlines. five stories, one minute. jpmorgan former london wells advisor was arrested in spain after being charged with wire fraud and conspiracy to falsify books and records. beta release on condition he checks and regularly with a court. starbucks taking evolution harvest to whole foods. it will begin its aggressive plans for growth in colombia by opening up the first store next year. bookshops growing. sa

that that type of cyprus like ballin or wealth confiscation spreads throughout europe and spreads around the world correct. yes in fact the people who run europe already warned spain and portugal and ireland and greece look if this happens to you we're going to raid depositors accounts so you know will the f.d.i.c pay back everybody i don't think so the fed has said several times that they want the government to get their houses in order so they can shore up banks here in the united states i don't think the fed is going to do it i don't think you can do it so i think we're in a real crisis period and you know cyprus was a little a little glimpse into the future just like two thousand and eight to me was a glimpse into the future shot across the bow told us what it's going to be like when things do do implode ok let's let's take a look at the united kingdom for a second because a marconi just took over as bank of england and he's saying that they're going to keep rates low for the next couple of years ago so called forward guidance he sees recovery and by recovery he means an improvement in house prices and stock prices i think what you know you'd characterize that