Transcripts For RT Watching The Hawks 20240713 : vimarsana.c

63 percent of the production and nonsupervisory jobs created of the past 30 years have been in low wage and low our positions and that in the past 3 decades the us economy has become increasingly dependent on jobs that offer you or hours of work at a lower relative wages my friends these are the jobs like the 15000000. 00 leisure and hospitality nonmanagement jobs that pay maybe oloughlin 360. 00 a week or one of the 13500000. 00 retail jobs that bring home an average of 500. 00 a week those are some real living wages my friends especially when the average rent for a 1. 00 to 2. 00 bedroom apartment in 2018 was anywhere from 1212012120 extension 0 dollars a month but all our politicians tell us is that the u. S. Economy is strong blah blah blah blah street is doing great blah blah blah blah blah just trust that the economy is better than ever blah blah blah blah blah. And its backed economic white noise that has all of us watching. The. Real thing its like. What is it like you are going to. The police. Well tomorrow and watching the hawks i am tired robot turn joining me today to discuss this big online spending of black friday and the u. S. Economy based on you know low paying jobs i guess is the host of our team boom bust its the always a pleasure so why are we seeing since 1900 till today why are we seeing such low wage job creation here in the u. S. This is not a new story this has been consistent and something that weve been saying every single month in every single monthly job report every single month in the trump has brag that we have more jobs than ever employment is at an all time high unemployment is at an all time low weve been seeing that every single month but what we really dissect is the in the employment or unemployment job report that we get every single month we found that the quality is not there and exactly what you said is low pay wages and low folie jobs are predominately the 5. 00 main factor the Main Driving Force and that includes everything from everything the Hospitality Industry to the food and beverages to even some of them and the medical Services Industry as a big portion of that comes from the fact that america has lost a lot of manufacturing jobs americans have lost 5000000 manufacturing jobs that basically created the entire middle class and this was basically due to outsourcing infrastructure to cheaper labor over in asia a lot of it was due to that but then another significant portion was also due to education over 2 thirds of the work. Of the work American Workforce do not have a College Education and that prohibits them from attaining a higher Managerial Position that you offer higher wages. What is i mean one of the questions i always love someone who studies the economy like yourself what is the actual state of the u. S. Economy and im not talking about the state the politicians tell me on t. V. Or going to see is that going to bang their chest over this it would go great we are what is the actual state of the us economy for the working man and women vote for the working man as he said wages have consistently been poor even with inflation wages have not kept up we have experienced stagflation in that category because consumers have not been able to keep up with the economys inflation as you said retail and the entire housing economy has gone up in the past 3 decades however wages have not kept up and on top of that you have a significant slowdown not only is the trade war a huge drag on the economy but today we just the manufacturing numbers out the i have been in contraction for now 3 months straight and this is significant because right now weve been relying on the entire consumer segment to pretty much hold up the entire u. S. Industry if the trade war is prolonged its going to affect American Household previously the estimate was that the tariff is gone in effect American Household by an average of 600. 00 with the addition of the december 15th tax thats going to increase to between a 12300. 00 per year for every single American Household and when you get American Households you know making. The worst then where they work in the 24 hour week for 300. 00 or 600. 00 thats a monstrous hit to that house and you know one course i had to is you know when you look at black friday weve got record breaking online number everyones bind some point 4000000000. 00 worth of movement of cash how can we have that massive amount of consumption power when we just talked about how are you most people are struggling with low wages and bad conditions well that there was very surprised when we actually looked into. Numbers out how the same question how are these people able to afford all of this what drove them to consume things that they cannot afford and most simple fact is most americans are and that in fact 48000000 americans right now today are still paying off Credit Card Debt from their last black friday spending spree and so that is that to me a tremendous and that kind of goes to show that this year one of the best performing industries has been credit cards mastercard visa American Express simply because theyve been racking on Enormous Consumer debt now is that one of those industries to the we have to watch out for because that bubble will pop i mean at some point people can pay their credit card bills what happens is that the. Consumers have been the main spending engine behind america so thats why america has been on a boost to lower credit limits and everything to him able to drive up Consumer Spending thats been a major portion because now people are like Interest Rates are an all time low its easy to take on more credit its easy to take on more debt so consumers keep on liking up that debt and so before next year comes along consumers are still going to be paying for debt 420182019 next year and so forth it just breaks my heart when i see stuff like this because to me i see an under educated population about how these credit card histories and also you know how theyre kind of being used and abused in terms of like the wages that theyre getting and things like that people dont a lot of times dont know any better its like ok well i guess i have to take these multiple jobs i guess i have to put on the back of this credit card i guess i have to take you i cant buy my car ill just make payments on my car a vicious cycle it is a horribly vicious cycle that is actually going to the fact that 2 thirds of the American Workforce are stuck in this position because they never went to college or Student Loans right now is one of the biggest debts that people carry yeah and so those that didnt go to college theyre still going to have be under the boot so to speak because at the end of the day theyve got to then pay that Student Loan Debt off with that comes out of their paycheck if they choose to pay it right away exactly so once youre stuck in the vicious cycle of debt it just kind of component compounds itself and its so hard to dig your. Out so thats why a lot of these americans right now theyre getting sucked into these deals theyre sucked into retail consumption i thought by mass Media Marketing and its been doing a very efficient job at targeting ads and targeting consumers who arent as educated because everybody has these programs oh get some financing payoff this that within 12 months 14 months very cheap financing and thats kind of the incentive to get consumers to open up their wallet this season and live it just hurts it hurts i want to ask you just before we go just one last thing where do you see all of this going like when you take a look at this and you see these trends where i mean i dont want to speak out of turn or what you dont know but but where do you see it all headed i see this as a massive bubble because right now even if we dont count this Holiday Season right now corporate debt is at all time high Consumer Debt is also at all time high in the u. S. And these are 2 very concerning things because once you are in this debt bubble its so hard to dig yourself back out and not to mention right now we are in pretty much one of the record low Interest Rates of that weve ever experienced right now and if you can pay off our debt well when debt is so cheap and so easy to come by right now if we do manage to pick up the economy if we do get ourselves out of recession and the fed then start to slowly gradually raise Interest Rates well thats just going to compound even bigger right now were looking at trillions of dollars in debt. Kristie i guess if they do so much for coming on always a pleasure having you on christiane boom bust awesome work thank you. With all the smoke and mirrors and daily ambulance chasing junk food that is passed off as the Important News of your day its not surprising that one of the biggest humanitarian crisis of our time is still going strong and still in need of desperate help but no one is still paying attention im talking of course about the ongoing war in yemen where this week a new report by the International Rescue committee estimates that over the course of the next 5 years yemen will have an estimated 29000000000. 00 will be needed just to sustain the current levels of humanitarian aid in that war torn country are to americans for. Brahms arcos more about story. The war and chaos in yemen has left more than 100000 people dead and has created the worst humanitarian crisis the world has ever seen millions suffer from Food Shortages medical shortages the basic necessities needed to survive and now the world might not have enough money to help now according to the International Rescue committee 80 percent of the population needs humanitarian aid thats 24000000 yemenis and another 60000000 people are living in extreme poverty on the verge of famine whats even worse the report says yemens economy shrunk by 50 percent and at the current rate that humanitarian aid is coming into the war torn country it would take nearly 20 years to bring yemen back to where it was before the war how long has this been going on and is it the world has no money to help yemen well this all dates back to 2014 with the takeover of yemens capital by iranian backed who the rebels who now control pretty much the entire northern part of the country well Saudi Led Coalition which is backed by the internationally recognized government has been fighting against the who with these since march 2015 since this all started 3000000 people have been displaced and thats on top of the 350000 people displaced just in 21000 alone but lets take a look at the numbers and how much money now according to the 21000 a global humanitarian assistance report the numbers of how much the world is giving to help countries in crisis is going up back in 2014 when the conflict in yemen 1st started the world had 22200000000. 00 as conflicts around the world started to rise including the one in yemen you can see the numbers went up with 2018 seeing just under 29000000000. 00 now when it comes to where the money is coming from and where its going to the United States gives the most followed by germany the e. U. And britain 12017 the most money was given to syria followed by yemen but again the report shows that this year our number 5 years of fire. They would have humanitarian aid given to gammon that would surpass syria and countries contributing to this fund would have to give much more to foot that bill back in september or saudi arabia started talking with with these which focused on temporary agreements like opening yemens International Airport and the International Rescue Committee Says that this could be the beginning of a rare but small window of opportunity for peace talks for watching the hawks im fair in front there. All right as we go to break or quarters dont forget to let us know what you think of the topics youve covered over social media be sure to check out watch of the hawks the podcast which is now available on spotify up with music everywhere listen to your favorite or not so paper podcast coming up we delve into the u. S. Militarys world of Science Fiction soldiers with legal with video i was lying all of why no media of them are to correspond to Rachael Brown this brings us the latest on the cia versus Julian Assange stay to watch the whole. Thing in the special effects something we can do anything so theres so many of the. Yeah but. The but also if. You talk to the whole dont think in russia think was over for getting. The full meal to talk about the earlier complaint for sure we have them all still some of the muscles and. Russian outlets eligibility for the International Competition season state this includes events likely to kill him picks and the fee for world cup and qatar if i am a daddy is not a show you know its just not there when youre coming out there just as it was 4 years ago in moscow and i dont think lab is at the center of this scandal so he. With the doping samples database and one does. Have to do with. What is the pool. That hes shown that. Might expose me in the little to the full of. The. Tucked away on the quiet idella banks of Chesapeake Bay in beautiful maryland is the Aberdeen Proving Ground which is home to the United States Army Combat Capabilities Development Command or often called r d e. For short. Part of the United States its all part of the United States futures command is one of those many military think tanks charged with creating integrating and delivering Technology Enabled solutions to the modern United States army and other words come up with new exciting ways we can use technology to better kill our enemies and lots of people all around the world what that really means and recently the daily mail is reporting that our d. Com experts are selling a number of possible future technologies that could be used to enhance soldiers on the battlefield by 2050 these include enhanced limbs for increased strength and eye that provides infrared and ultraviolet vision and an audio device that provides ultra and subsonic hearing and of course we cant leave out neural devices that would optimize a future soldiers brain power and allow them to control weapons with their mind. Sighting but is the idea of creating cyborg soldiers truly possible feasible or actually really ultimately needed not to mention the incredible moral questions that arise from combining man and machine for the specific job of killing on the battlefield wherever that future battlefield may be well joining us now to ponder this moral and military future thought quagmire is legal and Media Outlets lynell of lynell media always a pleasure sir and days or so love to get this one out the way our half cyborg soldiers with super strength and hypersonic hearing in infrared eyes actually necessary and a real possibility in the next 30 years 2050 is only 30 years away. And what moral or legal quandaries do they is this creating if they are truly this close to being developed. Yet. Getting. Tired of this is this is this is already 5 years old while we know we always talk about it whenever it is leached whenever news is extravagant stated in doubt and oh by the way were thinking about this too its already year but let me ask you this question less kind of plea whatever you know could we you and i avail ourselves where we could say we dont want to be the you know what in the punchbowl but could we maybe ask a little question you know years ago when war became war and somebody came up with a notion of the long bow the longbow was the 1st time that man distanced himself from others and or lost the mano a mano look you in the eye i can smell you i can and all of a sudden war got easier so we never looked back so heres a couple of these i want to bring up lets talk about trends humanism tyrrel whenever something happens in our on the battlefield its happening here next so if all of a sudden we get into real good eyes well good hearing well good limbs real good skin real good eventually youre going to have somebody saying im going to replace my old arm with a new one youre going to see talk about dysfunction dysmorphia youre going to see people removing. Human eyes baby blues for computerized if you think im kidding you havent been around next theres something called posse comitatus we talked about this from 878 rutherford b. Hayes the idea that there was a fire wall between civilian Law Enforcement and the military. T. V. Do you think that maybe somehow there may be a confusion and that what we see on the battlefield one day shows up in the streets of d. C. Baltimore but says where you see real robo cops were all of a sudden this citizen runs into one of these folks and when you give this kind of equipment with all due respect to the great men and women who make up our Law Enforcement lets say we get a 19 year old who says how would you like to know where the coolest stuff anybodys ever seen you know tyrrell when you have something that can take out a lot of people a one time. Tends to be a tendency sometimes of using it i mean what i just gave you 3 or 4 different moral issues and that nobodys talking and theyre great moral issues to bring up because