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July 16, 2024
Private debt its even more concerning even though Government Debt thats the most attention private nonfinancial day in the u. S. Is at 27 trillion versus public debt is at 19 trillion and the reason why private debt is so much more dangerous is because its more problematic is because public debt has more impact on the economic and the economic landscape shirt right now if you look at the past the roaring twentys the japanese boom of the eightys and most recently the u. S. In the early 2000 what ...
July 16, 2024
Been Holding Interest rates at abnormally low rates right this is nuts it only encourages it increases this behavior absolutely this is kind of what drove everybody to borrow more because debt is cheap why not take on more debt and thats actually thats whats been happening corporates have now been issuing junk bonds at record levels record levels and they are deeply Indebted Companies that d are actually using debt to pay off equities so theyre kind of just like borrowing money just to prop of y...
July 16, 2024
Money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104000000000 dollars into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the econo...
July 16, 2024
[inaudible conversations] [inaudible conversations] the committee will come to order. Thank you all for being here. I would like to thank Ranking Member whitehouse, my friend and collaborator. Its great to be here at doing this together. I was just saying to him, i told him i would tell you it would bt nice to them in his edges because hes a top question. He will take you to test. I would like to thank the witnesses for their attendance today. I would also like to highlight two empty chairs toda...
July 16, 2024
Certainty around. Violent clashes grip hong kong as police and protesters engage at a fierce battle at the University Campus while a High Court Rules a ban on the use of face mask is constitutional. Saudi aram moe highly anticipated falling ipo. And spanish boris becomes the center of a bidding war as its a 2. 8 billion euro offer for the exchange moments after they confirm takeover talks. Tlok the program, happy monday the ministry of commerce in beijing said that telephone talks between chines...
July 16, 2024
Good afternoon. This hearing will come to order. I want to thank our witnesses for your service to our country. 13 people lost their lives, 30 people were injured. It underscores what we are dealing with here in terms of a threat environment. This is my ninth annual threat hearing that i have either chaired or participated in. I often say im not the most uplifting character. Those i could say that in nine years, i have seen tremendous progress being made and we have reduced these threats and all...
July 16, 2024
Im tom giles in for emily chang. Joining me today on bloomberg studio 1. 0. Is brad smith, president of microsoft. Tom brad, thanks for being with us today. A lot of the last year has been spent talking about and spilling ink over this complex relationship between the u. S. And china. Id like to hear more about your concerns of the way this is playing out with china and what impact that could have on u. S. Technological leadership on a global arena. Brad the u. S. Is the Technology Leader in the...
July 16, 2024
That already technology is a major part of our lives. Its a utility we can use to make sure that we are economically feasible going into the future and that we are deficient in our use of energy and it enables our society to be far more productive than our 20th century Industrial Age so we are looking at the fact that so much of what already exists in society is connected and what are smart cities caucus does is it looks at four different areas of how communities are connected. One is connectivi...
July 16, 2024
In india and bangladesh. Its brought winds of up to 135 the anti 56 movement is growing. Kilometres an hour and heavy rain. Similar groups have been popping up in other areas around the world, two deaths have been reported so far. In bangladesh, troops and volunteers fuelled by social media and the internet. Back in hove, the campaigners had have gone from door to door to evacuate coastal villages. The opportunity to present now on bbc news, its their concerns to counsellors. Going you working a...
July 16, 2024
Mcmanus, also a capitol hill reporter. Thank you for being here. Republicans have up until now been complaining about the impeachment process. As these hearings and depositions have been a hind closed doors. But now with the Impeachment Vote and looking ahead for the process as it moves into the public sphere, can you talk a little bit about what the merits of your arguments look like . President trump has urged republicans to fight impeachment on the merits, not process. Can you talk about the ...