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Where in argentina were going to be heading to Rio De Janeiro those will be our next episodes from there as you see were in the Southern Hemisphere where we all it took us decades of my life to learn that its warm down here during the cold christmas up north so from now on i am going to be where its warm christmas much better than that cold sand its nice and warm down here so were going to look back at 2019 and you know what were the big themes of what we got right what we got wrong we didnt get anything wrong so. We definitely got right heading down to the Southern Hemisphere for christmas bu...

Of basketball. Wall street is looking at Sports Betting. Carol and we have amtraks turnaround plan. You may not like it. Jason here is joel weber on the issue. Lets start by talking about trains. A big travel week. Maybe some people taking a train, flying, but amtrak is in a bit of a pickle. Joel amtrak has been a money loser for years. It has a new ceo who came from the airline industry, and they talked about his plan. A lot of people who are amtrak fans dont really like this plan of his. But it could be amtrak to be profitable. Carol delays. Never on time, right . Jason it is Richard Anderso...

That you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always interview of course i think that makes it probably more dangerous for when they do lose co...

Since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose control or when fewer and fewer actual people are participants in it so ...

Street theyre also competing for capital and during the reagan years the Reagan Thatcher neoliberal period that we can look back in now look at with some hindsight we see that when reagan fired the air Traffic Controllers any fired the gun to dismantle organized labor in america organized labor has been demolished in america and the average income for americans hasnt budged at all in 2030 years because they were the neutered from their ability to compete for capital labor has no seat at the table labor has no seat at the central bank labor has been abandoned the jobs have been shipped overseas...