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[235] Bruce Schneier: ‘encryption makes the internet safer’; Celente on the economy
Our lead story: Alibaba reported more than $9 billion worth of sales in a single day on Tuesday during China’s version of “Cyber Monday,” clearly illustrating the buying power of the Chinese consumer. In 2009, Alibaba managed to turn November 11th into “Singles Day” – which is China’s version of Valentine's Day – into an online shopping festival and now hopes to take the success of “Singles’ Day” global. Erin weighs in.
Then, Erin sits down with Bruce Schneier – noted author, cryptologist, and fellow at the Berkman Center for Internet and Security and Harvard Law School. Bruce gives us his take on President Obama’s recent statement on net neutrality and explains why encryption is vital to personal security and privacy.
After the break, Erin talks to Gerald Celente – author and publisher of Trends Journal. Despite a drop in both unemployment rates and jobless claims and increase in GDP, midterm exit polls demonstrated just 1% of voters thought the economy was “excellent.” Gerald gives us his take on this disconnect and tells us what effect the reduction in gas prices will have on the US economy.
And in The Big Deal, Erin and Edward Harrison are talking about Alibaba, net neutrality, Uber, and smartphone applications that can spot designer knockoffs. Take a look!
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https://www.youtube.com/watch?v=hiCa0McWHc8
Then, Erin sits down with Bruce Schneier – noted author, cryptologist, and fellow at the Berkman Center for Internet and Security and Harvard Law School. Bruce gives us his take on President Obama’s recent statement on net neutrality and explains why encryption is vital to personal security and privacy.
After the break, Erin talks to Gerald Celente – author and publisher of Trends Journal. Despite a drop in both unemployment rates and jobless claims and increase in GDP, midterm exit polls demonstrated just 1% of voters thought the economy was “excellent.” Gerald gives us his take on this disconnect and tells us what effect the reduction in gas prices will have on the US economy.
And in The Big Deal, Erin and Edward Harrison are talking about Alibaba, net neutrality, Uber, and smartphone applications that can spot designer knockoffs. Take a look!
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
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https://www.youtube.com/watch?v=hiCa0McWHc8
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The oil market is oversupplied and the oil glut may increase this year; Ameera David weighs in. Then, Ameera is joined by RT’s Nicholas Sanchez O’Donovan in Brasilia to get the latest on Dilma Rousseff’s impeachment trial. Afterwards, RT’s Simone del Rosario reports on US tax havens from Delaware.
After the break, Edward Harrison sits down with Gerald Friedman – professor of economics at UMass Amherst – to talk about the 2016 election and the candidates’ economic policies. And in The Big Deal, Ameera and Edward discuss the Fed.
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Erin and Bob stack up JP Morgan's recent losses and compare them to their 2008 bailouts. Then Erin talks to the founder of SumZero, Divya Narendra, to see who "Likes" this latest social media foray into the investment world. Also, with the help of Marin Katusa, Chief Energy Investment Strategist at Casey Research (http://www.caseyresearch.com), Bob explores the future of nuclear power in light of the Fukishima disaster.
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[455]
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$862 million: that’s how much Apple is facing in fines after losing a pivotal patent lawsuit and Turing Pharmaceuticals is now facing an anti-trust probe. Ameera David weighs in.
Then, Erin Ade sits down with Richard Wolff – visiting professor of international affairs at The New School – to talk about the US economy.
After the break, Bianca Facchinei takes a look at new government data that shows the amount of corporate prosecutions on the decline. Afterwards, Erin talks with David Henderson – research fellow at the Hoover Institution – to talk about the global economy. And in The Big Deal, Ameera and Edward Harrison discuss Fed policy.
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[418]
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Greek Prime Minister Alexis Tsipras has resigned and called for an early election. On Thursday, he submitted his resignation to the president and asked for the earliest possible election date – now set for September 20. Meanwhile, turmoil in emerging currency markets escalated on Thursday. Ameera David weighs in.
Then, Edward Harrison sits down with Patrick Chovanec – chief strategist at Silvercrest Asset Management and adjunct professor at Columbia’s School of International and Public Affairs – to talk about China.
After the break, Bianca Facchinei takes a look at the growing amount of Americans with massive grad school debt. Afterwards, Ameera and Erin Ade discuss data-sharing among Wall Street banks. And in The Big Deal, Ameera and Edward Harrison continue the discussion on China.
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[909]
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Today the U.S. saw GDP growth up by 3% while China gets a new power company that’s off the charts. Alex Mihailovich is on today as the Pentagon awards another multi-million dollar contract to support the Afghan Air Force. Meanwhile, Texas is still reeling from Hurricane and Tropical Storm Harvey as oil refineries shut down. Boom Bust’s Bianca Facchinei takes a look as a city goes underwater. That and more on Boom Bust!
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ORIGINAL AIR DATE: APRIL 19, 2016
Boom Bust’s Edward Harrison interviews Steve Keen, head of the school of economics, history and politics at Kingston University. Steve explains why he takes issue with Ben Bernanke’s intervention on the subject of helicopter money despite the core of his proposal making sense. But, in addition to discussing the ins and outs of helicopter money, Steve gives voice to why he sees a private debt bubble as pernicious for the global economy. And he speaks to how to boost stagnant incomes in the face of middle class wage pressure and growing populist political responses.
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Huawei continues to feel the heat from US pressure, and the fight may be reshaping the global regulatory environment. International Regulatory Attorney Myles Edwards joins us to discuss the latest Huawei challenges and the future of global telecom competition. Plus, Huawei is not the only trade war casualty, as commodities markets have been shaken by the latest Trump tariff tweets. Chris Swift of Swift Trading and Todd Horwitz of Bubba Trading are standing by to discuss the consequences for commodities.
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Jane Barratt from Gold Bean says that if you’re an investor, be confidant. She and Bart discuss investing and more in New York City. America may be rolling out steel tariffs but the rest of world may fight back with food tariffs; Fred Kaufman joins Bart to discuss what that could mean. Alex Mihailovich is covering arms sales and Ashlee Banks talks biofuels! That and more on Boom Bust! [1043]
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The wave of cryptocurrency crackdowns just got even bigger as the UK has now stepped up its efforts to combat advertisements in the industry. We'll bring you the details. Plus, tech stocks in the United States are looking to make a comeback as the Nasdaq is approaching correction territory. We'll take a look at the state of markets. And the disparity between rich and poor has been compounded by the pandemic as millions have fallen into debt and poverty while the richest have thrived. We take a look at the growing disparity.
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