[598] Crisis-level equity underweight and Friedman on single payer
The automotive scandal involving Mitsubishi grows larger and larger in Japan as its president announces his resignation. And analysts at Goldman Sachs downgraded global equities to ‘neutral’ and suggesting investors raise cash. Boom Bust host Ameera David reports. Then Boom Bust’s Bianca Facchinei details how smugglers made $6 billion from illegal migrant trafficking to the EU last year. Afterwards, RT correspondent Ashlee Banks reports on how the Obama Administration is now making millions of Americans eligible for overtime pay.
After the break, Edward Harrison sits down with Gerald Friedman, economics professor at the University of Massachusetts-Amherst. Gerald says that Obamacare only offers “mild tweaks” to the existing healthcare system. And he says that system is not based on free-market competition but on adverse selection, leading to poor outcomes. He also gives his view on the issue of minimum wages. And in today’s Big Deal, Ameera and Edward discuss why the Saudis are using the oil weapon so aggressively and whether they will also resort to dumping US Treasury bonds. In addition, the two discuss Goldman’s call to rein in risk and raise cash.
Student debt has gone over $1 trillion dollars and the man in charge of student loans has resigned citing the unwillingness of the Trump administration to actively protect and aid borrowers. Remington A. Gregg and Joseline Garcia are back as we talk to both of them on this pressing subject. Hilary Fordwich joins us as She and Bart discuss trade authority. All this and more on Boom Bust! [1144]
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Following a major bull run, Bitcoin's price has cooled, but it still at incredible highs. Jeffrey Tucker of the American Institute for Economic Research joins to break down the BTC boom and the state of Altcoins in 2021. (1:00) Plus, in an unprecedented move, some Google employees have begun to unionize to bargain with the company's leadership. RT America’s Brigida Santos joins us from California to bring us up to speed on the effort. (11:45) And tensions continue to deteriorate between the United States and China as the New York Stock Exchange moves to delist three major Chinese telecom firms. Octavio Marenzi of Opimus, LLC offers his insight on the measures, and what could lie in store for transpacific ties. (16:06)
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
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Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
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The United States has eased some pressure on Huawei in the name of uniform 5G standards, but will the country cede ground in this ongoing fight? We analyze the latest law regarding the Chinese telecom giant, and what major emerging economy has become the new front in the fight for 5G supremacy. Plus, the Federal Aviation Administration is once again facing heat in the wake of the deadly Boeing 737 MAX controversy. We take a look at the grilling that the agency's head faced on Capitol Hill and the future of regulation in the aviation sector. And as concerns continue to mount about the state of economies and central banks amid the COVID-19 fallout, some eyes are turning to the crytptocurrency market to provide stability in uncertain times. We examine the rise of financial technology and how lawmakers plan to deal with the emerging advancements in the sector.
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The explosive "Pandora Papers" have revealed a series of schemes that world leaders have used to offshore funds as a means of avoiding taxation. Professor Richard Wolff joins the program to discuss the bombshell journalistic project and how powerful nations could bring a halt to the practice. (1:02)
Plus, oil prices continue to soar as the colder months approach in the Northern Hemisphere. Boom Bust's Christy Ai fills us in on what's driving the spike and what could unfold in the energy sector. (11:48)
And the Northern Ireland trade issue continues to haunt the United Kingdom as the nation has warned the European Union that it could invoke Brexit safeguard measures. Hilary Fordwich of the British-American Business Association is on hand to discuss the potential actions that the island nation may undertake. (18:13)
#BoomBust #QuestionMore #RTAmerica
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
News with Rick Sanchez: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow
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...
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As the Nord Stream 2 pipeline is nearing completion, German Chancellor Angela Merkel has addressed concerns that the project could be used as a geopolitical wedge. Ed Moya of OANDA offers his take on the evolving situation and the state of the oil sector. (1:00)
Plus, Boom Bust's Ben Swann and Christy Ai join the program to offer their analysis on Bitcoin's latest surge and their forecasts for the future. (9:23)
And China's regulatory crackdown on big business rolls on as the world's second-largest economy has stepped up its antitrust efforts. Dean John Quelch of the Miami Herbert Business School brings us up to speed on the rationale behind the moves. (16:22)
#BoomBust #QuestionMore #RTAmerica
Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://bit.ly/DownloadPortable
Check out our other shows!
NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
News with Rick Sanchez: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow
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Check out more from RT America!
Eat The Press:
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Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
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Watching The Hawks:
https://www.youtube.com/chan
...
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President Trump has made big talks about America’s infrastructure and is ready to make an infrastructure bill. Steve Malzberg joins Bart Chilton to discuss the future of infrastructure. Women in business is always a good thing; Tracey Chambers sat down with Bart Chilton in Davos to discuss making more businesswomen in South Africa. We’re also covering the EU, Facebook, Ireland, and more.
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When people think of health tourism, it’s usually plastic surgery in Brazil or South Korea that comes to mind. And you would assume that those in need of serious medical attention aren’t looking to Cuba for help, but a growing amount of Cuban doctors are caring for international patients. Boom Bust’s Bianca Facchinei has all of the details on that.
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Boom Bust correspondent Bianca Facchinei takes a look at the arrest of Mark Karpeles – former head of the now-defunct Mt. Gox. Authorities in Tokyo arrested him for allegedly falsifying financial records in the payment service’s computer system by $1 million in 2013.
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