Page 30 - Currency Devaluation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> in a sense argentina faced the same challengement don't think it didn't because it had been using the dollar at par with the peso. but the likely difference is that in the case of argentina they were very lucky. commodity prices driven by china and low interest rates were skyrocketing and they are a rich agricultural production country. so theyed a a lot to sell and were able to raise a lot of dollars to prop up the currency whereas it is hard to believe that greece would be similarly blessed. >> as you mention, argentina had to go through a currency devaluation and that helped its exports....

Was reconnected with a sense of gratitude for a lot of the jobs i had taken for granted. and my theory simply says if we're more grateful in general as a country, for cheap electricity and indoor plumbing and all of the things that make civilized life work, then a lot of things we define as problems, currency devaluation and some of the things you guys talk about on your show, i think those problems become more symptomatic and solvable. >> you also talk a lot about getting a college degree and that we don't value the old fashioned, old-time jobs. my dad was a pipe fitter and did very well. the...

85%. >> america's record of literally and the key educational litmus tests, if you like, is shocking. they are falling so far behind countries like china and india and others, it's getting embarrassing. what is going on with the education system in america that is leading to the statistics? >> i don't think things like the skills gap or currency devaluation or manufacturing outsourcing, i don't think these things are problems in and of themselves. they are symptoms of something bigger and i think that the bigger thing is our own disconnect with the very fundamental notion of valuable work, mea...

Know, if you go to college you're going to be able to get a good job and make a lot of money. >> it's a difficult thing to talk about. the minute you take a position that is contrary to the prevailing narrative you are seen as anti- college. not all knowledge comes from college, right? there's been a thing -- [ applause ] it's so easy to -- i think -- confuse the cause of the thing with the symptom of a thing. and a lot of the things that we talk about today, a lot of the headlines from the skills gap to the unemployment to currency devaluation to the changing face of the modern day proletaria...

You go to college, you're going to be able to get a good job and make a lot of money. >> look, it is a difficult thing to talk about because the minute you take a position that's contrary to the prevailing narrative, you're seen as anti-college. well, look, not all knowledge comes from college, all right? there's been a thing -- [ applause ] it is so easy, i think, to confuse the cause of the thing with the symptom of a thing. and a lot of things that we talk about today, a lot of the headlines from the skills gap to unemployment to currency devaluation to the changing face of the modern day -...