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July 16, 2024
In the United States and china are involved in a cold tech war and the winner dominates the 21st century. A decade ago beijing was not considered a contender but now it is a leader. The United States is behind in critical areas. Today we will talk about big data, ai, 5g and chinas challenge to the world. Congressman Cathy Mcmorris rodgers many people say there needs to be a whole of society mobilization on tax. The question is, isnt that serious . Do we need to do this . We absolutely need to wi...
July 16, 2024
Of snow that we certainly do need. Today a cooler one that daytime highs barely hanging on to the low 60s. A lot of us falling into the 50s rock all right. Thank you john over to the bay bridge toll plaza were checking the drive into San Francisco and its a nice steady flow of traffic thats what we like to see starting off the morning drive so no problems that you have to worry about its mood on the upper deck. Clear in downtown San Francisco and the no problems to worry about on the skyway so n...
July 16, 2024
A huge weight of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the windows its a huge increase in the private debt load on the economy and its falling on the people who earn the least money and its setting them up for being able to participate in the rest of the economy life which is also driven by did so i think is one form of it is going to basically a. Student debt is going to make it impossible to keep boosting Househol...
July 16, 2024
Thats the anxiety indicator, if you like. This morning, the yield is back up to 1. 00 . Ashley back up. Stuart back up, thats right. Well above the extraordinary lows that we hit yesterday. That would be record lows that we did touch yesterday. 1 even on the tenyear treasury. How about the price of gold, another flight to safety. Actually its down again, off two bucks at 1641. Okay. The primaries. A great night for joe biden. He won nine states including texas. He now has more delegates than ber...
July 16, 2024
Welcome to front running 2020 with max kaiser and stacy are over at a bevy of special guests right here in fabulous hipster brooklyn im feeling it so stacy this episode is all about Student Deaths and the students of course are the millennium goals and generation z. They like the candidates promising to get rid of all the student debts theres 1. 00 trillion dollars in outstanding debt today in america that is up from 300 63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson p...
July 16, 2024
Owed to the government so that means that the government could wipe out all the student debt and it wouldnt hurt any creditor at all it could be wiped out without any disruption of the economy and in fact unless its wiped out the economy will be distorted because as steve cain just said if you have to pay a lot of money in student debt you cant afford to get a Bank Mortgage to buy a house of your own and theyre going to end up living with your parents you know awol dr Michael Hudson here accordi...
July 16, 2024
Interpreters risk averse is one thing that my guest today absolutely is not but what is a risk and how do you know if its worth taking well to discuss that im now joined by. A russian american investor a businessman turned and calculated risk taker so good to see you thank you very much for coming over thanks for having me now as i was preparing for this conversation reading the articles about you listening to some of your previous interviews i caught myself humming. Face to face our then behave...
July 16, 2024
63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson professor steve kean and randy roller professor steve keen of course you talk a lot about debt and in fact increase the rate of increase of debt what do you think of that number 363000000000. 00 in outstanding Student Loans in 20051. 6 trillion today doubling every 2 years which is a huge right of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the wind...
July 16, 2024
Change as a new populations are affected its too early to tell if this report to decline will continue every scenario is still on the table it also appears that quoted 9 june is not as diddly as a record and i viruses including service and murders more than 80 percent of patients have mild disease and will recover. More than a dozen americans carrying the corona virus whod been stranded aboard a cruise ship in japan have now arrived back home they were part of a much bigger group that were on to...
July 16, 2024
It impossible to keep posting household that so the Financial Sector is eating itself im so old i remember the 2008 financial crisis and if you recall the sub prime debt bubble up and we have this global meltdown the student debt is already bigger than the subprime debt bubble. That was about an on trillion dollars when you look at it went from 6. 00 to 9. 00 on trillion between about 22000. 00 and fog so were not talking the same sky loving christian debt were talking they did go on turning in ...