RT published this video item, entitled “Keiser Report | Hosing Down the Economy with Money | E1605” – below is their description.
In this episode of Keiser Report, Max and Stacy look at the difference between parts of Europe and America as the COVID-19 pandemic continues to wreak havoc on the world’s economy. In the Netherlands, workers are bargaining to rights to be reimbursed two euros per day for toilet paper in a ‘work from home’ era. Meanwhile in the US census data shows that 10% of Americans didn’t have enough to eat in the previous week . . . despite the largest infusion of cash in history.
In the second half, Max chats to Ali Hamam of Tahini’s Restaurant in Ontario, Canada, about his experience with wealth confiscation through inflation and devaluation and what those lessons bring to how he runs his successful business in Canada by securing some of the company treasury in bitcoin, something he sees as a ‘savings technology.’
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About This Source - RT
The video item below is a piece of English language content from RT (formerly Russia Today). RT is a Russian state-funded broadcaster.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.
Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.
Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.
Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.
As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.
A census is the procedure of systematically enumerating, and acquiring and recording information about the members of a given population. This term is used mostly in connection with national population and housing censuses; other common censuses include agricultural, traditional culture, business, supplies, and traffic censuses.
One of the world’s earliest preserved censuses was held in China in ad 2 during the Han Dynasty. The population was registered as having 57,671,400 individuals in 12,366,470 households.
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
a persistent new cough (non productive, dry)
a high temperature (e.g. head feels warm to the touch)
shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
The Netherlands, informally Holland, is a country primarily located in Western Europe and partly in the Caribbean, forming the largest constituent country of the Kingdom of the Netherlands. In Europe, it consists of 12 provinces that border Germany to the east, Belgium to the south, and the North Sea to the northwest, with maritime borders in the North Sea with those countries and the United Kingdom. In the Caribbean, it consists of three special municipalities: the islands of Bonaire, Sint Eustatius and Saba. The country’s official language is Dutch, with West Frisian as a secondary official language in the province of Friesland, and English and Papiamentu as secondary official languages in the Caribbean Netherlands. Dutch Low Saxon and Limburgish are recognised regional languages (spoken in the east and southeast respectively), while Sinte Romani and Yiddish are recognised non-territorial languages.
Ontario is a province in east-central Canada that borders the U.S. and the Great Lakes. It’s home to Ottawa, Canada’s capital, known for Parliament Hill’s Victorian architecture and the National Gallery, featuring Canadian and indigenous art. Toronto, Ontario’s capital, is home to the 553m-high CN Tower, with expansive views from its revolving restaurant.