Page 15 - Tech World News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A baited the billionaire class is only getting wealthier their wealth has skyrocketed 20 percent or so ive 184000000000. 00 since the start of the pandemic slash law how will his back shape the coming recovery and is a permanent underclass the new normal. To discuss this and more im joined by my guest Richard Wolffe in new york is a Professor Emeritus of economics at the university of massachusetts amherst as well as the author of the recent books understanding socialism and understanding marxism and in chicago or which he has a chief marketing strategist bubba trading all right gentleman rule...

Doesnt do much better the industrialized world is more or less in the same position but at the same time as they say you know we how the wealthiest among us reaping in enormous revenues and profits here and the unemployment depending on who you want to look at it from 13 maybe 17 percent and thats not going to go away any time soon so whats really happening with the the economy or its a recession deep recession for many and its a goldilocks time for some. I think when you look at the overall picture and i mean this is if you are back of the origination of the Federal Reserve i think this is ki...

Its only recently that the average guy can actually grow some money to get in so they threw a fry and bad conditions and actually ive always built well under the toughest conditions because they have the access to capital and others dont they have the ways they get the money others dont so their businesses are allowed to thrive well everybody else is out of business you come by where i am in chicago and almost every Small Business is going to be out of business i had time to selling is over not just wipe out 5 an entire class of people because you allowed the wealthy to go out and thrive throu...

This is if you go back to the origination of the Federal Reserve i think this is kind of their plan all along this is part of the Worlds Largest legalized. They can do has allowed the rich to get richer as times get tougher you know for years theyve had access to this cash and capital to borrow its only recently that the average guy can actually brought some money to get in so they threw a fry and bad conditions and actually ive always built well under the toughest conditions because they have the access to capital that others dont they have the ways they get the money others dont so their bus...

I am Francine Lacqua in london. This is what the markets are looking like. Ofis more quiet because august, not so because of august 2020. The european shares are fluctuating, chinese stocks rally in, and oil up with the opec gathering this week. Travel agencies and Real Estate Companies were the biggest drags in the 600, with the dollar weakening against most of its peers. We will have more on the markets throughout the day, but now, lets get straight to the bloomberg first word news in london. Here is leighann gerrans. Leighann in the u. S. , House Speaker nancy pelosi is calling members back...