“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[PREMIERING 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
[PREMIERING NOW] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[Premiering 6/6, 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
Office Vacancy Rates at Historic Highs in San Francisco, Potentially 40 Percent: Experts
Office vacancy rates in San Francisco continue to climb, with new records being set monthly as businesses continue to flee and office workers resist a return to the city, according to experts. Vacancy rates reportedly surpassed 31 percent in May, the highest ever recorded in the city—historically known as an attractive location for businesses, ranking…
[ATL:NOW] Sen. Ron Johnson: EcoHealth Grant Reinstated; COVID Corruption ‘On a Grand Scale’
Sen. Ron Johnson (R-Wis.) has been a vocal critic of COVID protocols since early on in the pandemic. “As much as they said they were ‘the science’, they weren’t. And they didn’t follow the science. They ignored it. They had an agenda. They had their solutions, they had their response, and don’t let any facts…
[ATL:NOW PREMIERING 7:30PM ET] Sen. Ron Johnson: EcoHealth Grant Reinstated; COVID Corruption ‘On a Grand Scale’
Sen. Ron Johnson (R-Wis.) has been a vocal critic of COVID protocols since early on in the pandemic. “As much as they said they were ‘the science’, they weren’t. And they didn’t follow the science. They ignored it. They had an agenda. They had their solutions, they had their response, and don’t let any facts…
Vaccine Maker Announces 25 Percent Layoffs as Pandemic Worries Subside
COVID-19 vaccine maker Novavax has announced that it will lay off a quarter of its employees as the company faces “substantial challenges” this year amid the easing of the pandemic. Novavax is focusing on “significantly reducing” its expenses while maintaining critical capabilities that are necessary to execute the company’s operating plans, the firm said in…
South Australia to Become Home to First MRNA Factory Outside US
South Australia has announced a partnership with the international biotech enterprise, BioCina, to become home to the first mRNA development and production facility in Australia and make homegrown mRNA vaccines a reality. Last year, U.S. biotech giant Moderna and the Australian government agreed to build the first mRNA vaccine manufacturing facility outside North America. Construction…
South Australia to Become Home to 1st Operational mRNA Factory Outside US
South Australia has announced a partnership with the international biotech enterprise, BioCina, to become home to the first mRNA development and production facility in Australia and make homegrown mRNA vaccines a reality. Last year, U.S. biotech giant Moderna and the Australian government agreed to build the first mRNA vaccine manufacturing facility outside North America. Construction…
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