Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, April 20, 2020
Episode Date: April 20, 2020Germany and parts of the United States are opening for business tomorrow... Learn more about your ad choices. Visit megaphone.fm/adchoices...
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Bill O'Reilly here, and I'm warming up.
Stand by for the O'Reilly Update Morning Edition, but first.
With turmoil in the world and with issues here at home, like the upcoming election and
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Germany, opening for business, and parts of the USA will follow shortly. That's because Germans and
Americans, at least many of them, are running out of cash. And without cash, you cannot buy food.
and when that happens, civil unrest breaks out, potentially violent civil unrest.
The average American has just $3,000 in savings.
Right now, 22 million U.S. workers have lost their jobs.
The longer their pandemic shutdown last, the more unemployment and desperation there will be.
In Germany, workers are taxed to the limit, up to 70 percent.
counting a value ad tax VAT, 19% on almost everything sold. Most Germans live depleted paycheck to
depleted paycheck. Again, food costs money. If you don't have reserve cash, you're hosed
if your income disappears. And so it is that potential hunger will soon override public health
protections almost everywhere. People must work. The tough truth is, many have not saved for that
rainy day, which is here. Keep your eye on Germany and other European countries. They are now
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slash bill. That is the morning O'Reilly update. More analysis later on.