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[133] Pippa Malmgren explains the Euro divide & Mark Thoma on Piketty data controversy
Our lead story: Manufacturing in the Eurozone slowed to a six month low in the month of May. In fact, output growth in ALL nations slowed with the exception of the Netherlands. Erin takes a look at the numbers and explores what that means for the ECB.
To bring you more on the subject, we sat down to speak with Dr. Pippa Malmgren, a policy expert and the head of the DPRM Group and Principalis Asset Management. She discusses the widening divide between Germany and the European periphery. German sees inflation while a country like Spain sees deflation, making balancing these divergent interests very difficult.
Then Erin brings you part two of her conversation with noted economics blogger Mark Thoma of the Economist's View. He discusses the macroeconomic future of the US, the controversy surrounding Piketty's data in Capital in the 21st Century, and the difference between econometrics and statistics.
In Today's Big Deal, Edward Harrison and Erin talk about sports shenanigans. An investor, golfer, and a gambler walk into a bar. Tune in to find out what happens!
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
...
https://www.youtube.com/watch?v=U4ffOUFcFF8
To bring you more on the subject, we sat down to speak with Dr. Pippa Malmgren, a policy expert and the head of the DPRM Group and Principalis Asset Management. She discusses the widening divide between Germany and the European periphery. German sees inflation while a country like Spain sees deflation, making balancing these divergent interests very difficult.
Then Erin brings you part two of her conversation with noted economics blogger Mark Thoma of the Economist's View. He discusses the macroeconomic future of the US, the controversy surrounding Piketty's data in Capital in the 21st Century, and the difference between econometrics and statistics.
In Today's Big Deal, Edward Harrison and Erin talk about sports shenanigans. An investor, golfer, and a gambler walk into a bar. Tune in to find out what happens!
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
...
https://www.youtube.com/watch?v=U4ffOUFcFF8
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Our lead story: German gold. Recently, Germany has been actively trying to repatriate its gold, which has been stored for safe keeping at foreign banks in New York, London, and Paris. However, getting their gold back from the New York Fed has proven to be a tad more difficult than expected. Erin takes a look.
Then Erin sits down with Dennis Gartman of the Gartman Letter to talk about the recent job numbers and the overall health of the US economy. Gartman looks at taxes to see economic activity, and he sees reasons to be positive. After the break, Edward speaks to Catherine Austin Fitts about the legitimacy of the status quo in our political and economic system. Take a look.
And in today's Big Deal, what do James Rodriguez and Uber have in common? Tune in to find out!
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[514]
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International sanctions against Iran officially lifted over the weekend. Ameera David weighs in. Then, Ameera sits down with Marin Katusa – chairman of Katusa Research – to talk about oil.
After the break, Bianca Facchinei takes a look at the Flint water crisis.
Afterwards, Ameera and Max Wolff – chief economist at Manhattan Venture Partners – talk about markets. And in The Big Deal, Ameera and RT correspondent Manuel Rapalo discuss the controversial new Oxfam International report.
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The US trade deficit surged to its highest level in nearly 6 ½ years in the month of March. On Tuesday, the Commerce Department said that the trade deficit widened in March by 43.1% to a seasonally adjusted $51.4 billion. That was the largest monthly expansion in the trade gap since December 1996 and the largest deficit reading since October 2008. The expanding trade gap was driven by the largest increase in imports on record. Erin weighs in.
Then, Edward is joined by Warren Mosler – president of Valance Co., Inc. and author of “The Seven Deadly Innocent Frauds of Economic Policy.” Mosler tells us how he sees things playing out in Greece in terms of austerity, debt repayments and Greece’s remaining in the Eurozone? Warren gives us his take on recent comments made by Ashoka Mody regarding the situation in Greece. And he also tells us if a GDP-linked bond restructuring has a chance of becoming a reality there.
Afterwards, Erin sits down with RT correspondent Lindsay France to discuss the IV Doc, a strange new mobile-enabled anti-hangover service.
After the break, Bianca gives us a daily news roundup of other major business headlines of the day, including Jean-Marie Le Pen’s bitter departure from the National Front, German government bonds, and Greece’s struggle for negotiations.
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VIDEO
JEROM
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Federal Reserve chair Jerome Powell has faced congress, where he saw a grilling on factors from inflation to the supply chain. We go over the developments from the hearing. Plus, Bitcoin's bear market rages on as some forecasters are flipping on their 100-thousand-dollar projections. We take a comprehensive look at what it means for the developing sector. And the world's largest trade agreement is coming together as some of the biggest players in the Asia-Pacific region are participating. We break down what this means for global markets.
#BoomBust #QuestionMore #RTAmerica
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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
Follow us on Twitter:
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Check out more from RT America!
Eat The Press:
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VIDEO
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Peter Schiff from Euro Pacific Capital joins Bart Chilton as they discuss the current prices of gold and if it has a bright future going into 2018. Moody’s downgrades Higher Education stocks from stable to negative, David Miller is on to discuss. GOP tax bill is still under scrutiny as it heads to conference; Steve Malzberg discusses with Bart Chilton.
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China is heading back to the WTO with the U.S. in its crosshairs. Todd Horwitz of Bubba Trading is standing by to delve into the details of the case and what it could spell for the future of trade negotiations. Plus, Boom Bust paid a visit to the IMF-World Bank Annual Meeting over the weekend where some of the most prevalent monetary minds gathered to discuss the global trade slowdown among other issues. We'll take you there. And later, major drug companies have reached a settlement to avoid trial for their alleged roles in the opioid crisis. RT Correspondent Rachel Blevins joins the show to take us through the deal and what this role this may play in the opioid crisis.
#BoomBust #QuestionMore #RTAmerica
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The top story: Goldman Sachs staff can donate to Hillary Clinton but not Donald Trump. Ameera David has details on the explanation. Then, Boom Bust’s Bianca Facchinei reports on the EU’s grant of 348 million euros in aid for Syrian refugees in Turkey as well as the 13 foot wall Britain is building in the French port city of Calais to block refugees from entering the UK. Afterwards, Edward Harrison talks to Kingston University Head of Economics, History & Politics Steve Keen about the Australian economy.
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The United States is continuing its tech war against Chinese telecom giant Huawei, this time looking to bar the 5G behemoth from a new frontier. On the program, we bring you up to speed on the fight as the U.S. looks to axe Huawei's development in Latin America's largest market. As the COVID-19 pandemic continues to drag on, the fight for stimulus in the United States rages on. Aside from getting relief to millions of Americans in need, what effect could the turbulent talks have on stock performance? And Bitcoin has surged past $13,000 as PayPal has announced it will allow purchases on its site with the cryptocurrency, but does the move come with some drawbacks?
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Follow us on Twitter:
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Check out more from RT America!
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OIL,
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Bitcoin's recent rally past the $50K mark has led to some bold predictions and forecasts for the world's foremost cryptocurrency. Boom Bust's Ben Swann and Christy Ai offer their takes on the bull run and what outlook they have for Bitcoin in the coming years. (1:04)
But Bitcoin isn't the only commodity on the rise - oil has seen a surge in the past few days. David McAlvany of McAlvany Financial joins the program to give his take on the state of the sector. (9:07)
Then we take you to Southeast Asia, where U.S. Vice President Kamala Harris is touring the region. Professor Richard Wolff joins the program to discuss her latest stop in Vietnam and analyzes the state of vaccine diplomacy around the world. (18:34)
#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
Follow us on Twitter:
https://twitter.com/RT_BoomBust
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/
Check out more from RT America!
Eat The Press:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm
Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
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The World According To Jesse:
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...
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