Colorado arizona montana oregon utah and washington what were experiencing this year is simply without precedent the small town of malden in Eastern Washington was almost completely incinerated by a wind driven wildfire authorities are searching the rubble unsure whether all of the towns approximately 300. 00 residents made it out alive in medford oregon a fire swept through of mobile Home Community reducing it to a burned out health scape of an ash and twisted metal resident regina hill lost everything she owned. What youre wearing right now this. Powerful winds are spreading the oregon fires the governor invoked Emergency Powers to marshal more resources in california high winds are also fanning the flames 14000 firefighters are out on the front lines in california. Where 28 major fires have scorched over 100000 hectors tens of thousands of people have been evacuated from several of the largest fires in the States History a big fire in San Diego County is moving dangerously close to Populated Areas we have a Sleeping Giant that is in the back country California National guard helicopters flew hundreds of stranded campers and back country residents to safety relatives welcomed the rescued after an anxious night long wait it was through. That no crying but there will be tears the smoke and ash in the atmosphere cast a blow over San Francisco in an eerie orange light air quality in parts of the bay area was labeled hazardous whats behind the many conflagrations bone dry brush and trees following years of intermittent drought low humidity combined with a broadening heat wave in recent days and above all Holly Seasonal winds blowing down from the mountains provide a singular recipe for disaster robert oulds los angeles there are large fires in brazils amazon rainforest which have begun spreading into untouched areas during the 1st week of september more than 8000. 00 blazes were reported in the a 3rd of those are in areas that have not been recently cleared or being used as farmland where its easier to contain the spread is twice the number registered in the same period last year and thought to be a 10 year high the World Wildlife fund is warning of the devastating effect humans are having on the animal and plant life its global living planet index report shows wildlife populations have declined by 68 percent in the last 50 years it blames Climate Change and human activity which is led to a loss of habitat the w w f is edging people to make immediate drastic changes. Newly released audio recordings reveal u. S. President donald trump admitting he downplayed the threat from covert 19 in public even though he knew how contagious and deadly was in them trump says i want to always play it down referring to the outbreak the recordings are from interviews he gave the Journalist Bob Woodward early this year woodward is releasing a book next week trump says its another political hit show. Us secretary of state might pompei o has accused beijing of not respecting Democratic Values and urged nations to act against its influence in the region Foreign Ministers in the 10 nation block have been holding a delayed summit on line the u. S. China rivalry has dominated discussions along with the coronavirus pandemic. And fires are again burning close to a greek refugee camp that was all but destroyed by overnight blazes thousands of refugees have been left without shelter on less boss for months state of emergency has been declared. Well those were the headlines the news continues here on aljazeera after growing pains stage of us watching. The view growth as something positive. Its great watching our kids grow up or seeing a tree grow. It we always aware that all growth must come to an end. Theres a limit nature knows no such thing as infinite growth this route seems to apply to every kind of growth but one Economic Growth is somehow supposed to continue indefinitely. We believe them and now there are no limits to growth and Human Progress when men and women are free to follow their dreams and we were right. If that growth fades to materialize we panic but why. Does one person recognize the 150 years ago growth is the fundamental principle of our Economic System. Capitalism only works when the economy grows but call marx recognize Something Else as well it is this growth that will eventually destroy the system itself. And today. If we reach that point is the system about to collapse or might infinite growth actually be possible. The governments dont want us to even question the g. Word they dont even want to put a discussion around growth if youre looking at this from the outside it an alien arriving from outer space and youre looking at the society. You would really. I wonder what was going all what are they doing what what is this gross that has to appear in every political sense on sun is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that theyre chasing is the virus thats taken over them. And what is this visceral fear that emerges as soon as growth starts to go away. And he says often one of storm kindness garnished gave the whale to be defined as a dimension the of it was not a levels you didnt talk vax storm just. Called a guy who talks them style gets built out sucks them in spine and i see him in his eyes the audience votes outfox them and what is being though hes the politics fast senior from the axles to buddy them and up and and because of. The d. M. Z. Politique we can come on thats a. Bit of a fickle. Its a long as mention of the planet and keep to do with mizuho the box to win it how does faith in the one up in the above you just work off. Where does this unshakable belief in Economic Growth come from. Is it always been there. It is a dream part of human nature. It was through all dangers and imaginative use of mass production methods but there was a lot there was able to perform it was primarily to build more planes but all the United Nations put together to turn our ships at the rate of 200. 00 a month ships which carried over 3 of the armed might of the United States to decide the outcome of a war. The Success Story of Economic Growth began during world war 2 mass production of tanks and aircraft let the American Economy out of crisis the output of military equipment was now calculated by a new statistical measure of Gross Domestic Product or g. D. P. If production i. E. G. D. P. Grew and so did prosperity americans believed so firmly in this new formula that they compel their allies to bring they can elect policies in line with it from then on it wasnt peoples incomes that counted it was only growth and it turned out to be such a useful measure actually for the war effort and for understanding the war effort that off towards became the single most important policy number. Across the world it kind of symbolizes progress to us sort of says while things are getting bigger so they must be Getting Better that was the birth of the g. D. P. In the 3 decades after the war the western economies grew up to 8 percent and in the u. S. They called it the golden age of capitalism in france they were the 30 glorious years in germany it was the economic miracle an anti generation enjoyed material prosperity and full employment and this became engraved in the collective consciousness even though these high growth rates were only made possible by massive water destruction the believe in growth was now unstoppable. G. D. P. Became the most important benchmark in history. That and the economy and the grace of the economy was doing a good job force when when we were young if you like when as an economy as a society we were young and one of the really important things to say is that there are some societies where that is Still Necessary where you still need that growth where you still need food clothing and shelter whether very very poor undernourished People Living on less than the price of a skinny latte from the cafe downstairs and thats a thats a situation where growth makes some sense. But the idea that human beings all we want ever is more more stuff doesnt really stack up so after a certain point you have to ask yourself well how much is enough how much how much more do i need to grow the economy to satisfy human appetites. Playing the 1970s so our growth rate sing for the 1st time due to the oil crisis and other factors the boom was over the market saturated western economies stagnated millions suddenly found themselves unemployed it was uncharted territory. For the 1st time the limits of course became visible economically socially and ecologically. We do have some understanding about growth. In 1982 a group of scholars commissioned by the club of rome presented a report in washington and titled limits to growth using a computer simulation such as that mit had calculated for the 1st time what continues Economic Growth would do to the planet theyre finding set off alarm bells around the world when resource consumption is doubling every 20 years for the 1st time people were confronted with the fact they can only grow it could also have negative consequences and that the planets natural limits would soon be reached the Success Story of growth was in crisis weve reached levels of prosperity which carry the seeds of disruption and necessitate a complete relook at the whole world social political and other situation. The club of rome report sold 30000000 copies and became a global sensation. And yet soon this cause themselves came under attack their calculations ready tried as irresponsible fear mongering because its impossible to admit the end except. The Success Story of growth must continue. Unfortunately many of us call those predictions turned out to be right and in many cases reality even surpassed the bleak predictions. As the cover for all reports was causing an International Uproar the brazilian rain 1st in the amazon basin was doing nearly untouched the huge brazilian state of much of grosso largely populated by Indigenous People consisted of forest and 70 today not much of. That is left since the mid eightys progress aided by International Investors has been eating away at the rain forest 35 football fields of forest disappear every minute its been the same story over and over again lumberjacks moving 1st thank Cattle Breeders and finally the starving parents. Following that last. Misquoting of one point containing as is new on the nail your. Aesthetician on what audi zome given was a shall not approach government and i. Believe school fair but as the leader of being their god but on knowing that god is following us cie into all there is the south side as i am the ia wars or the dance of the fuzzy and the keep thing there. Were stamped their heads they are. In as good as a side is blue the g. Of us both them slide plimpton the mirror you meant them to mean by you. Must or numbers the last when you see a pick your cup down must own all dog and i was. A mark. Get but is there by god own could boss a. Good the sestak lucias ain been a fierce with who said im on you losing my. The tropical climate and there were 3. 00 to 4. 00 harvests per year and with that massive profits soy and corn for export an animal feed. Irene 163. 00 as the gateway to the amazon basin at both lumberjacks money and destruction into the forest. Today countless trucks lined the agribusiness highway transporting their valuable cargo to the international courts. They pop. An endless sea of soybean fields enormous silos and slaughter houses through one of the largest regions in the world growth rates of up to 20 percent business. And the savage piece is region it was just lived by indians its just amazing forest. 3040 years just off colonization and its the most important region nagra business off the country. Its the right place to make new investments to make money. d you carol a good part exported to russia china and the nordic countries. Do you think any limits no limits discuss they have and the limits. In response to the crisis of the seventys Economic Policy underwent a change of course new growth had to be followed no matter what the cost even if that meant only seeing the prime and forces of chinas capitalist. These had been contained after world war 2 because there were hundreds possibility of the Great Depression and the war itself. Monetarism was a new magic word. Among them was the idea that if you put more money into the economy liquidity it was cool that additional money in the economy would help really best that would help give a small production that would allow us to consume more goods and we would get growth back again so this little hiatus if you like in the seventys primarily caused by the oil crisis led to a transformation in the economics of our society and in particular how we think about right now we think about stimulating growth i. Governments deregulated Financial MarketsBanks Insurance Companies and Investment Funds games and influence and were now allowed to gamble with currencies stocks even with peoples Retirement Funds capital was that lose and the Financial Sector was flooded with my. Divorce a pact with the devil and the beginning of the slow process of south disempowerment in exchange for growth governments relinquish the power to Financial Markets but who do we mean by Financial Markets and capital and what does it all have to do with us. The Allianz Group is europes biggest insurance co and one of the biggest players in the global Financial Markets. Its been fun filled 600000000 Oil Different from 400000000 leaving so see shown at 100000000 for the software c. E. O. In the lead so see shown leading via the foresaw good ones oquinn one fist to she went on my country to so for stay in. The us some are spirit of figure one inch on base your pick your own invokes an arc to a little finzi a party for mukesh cotton and the same box to pot its a peon so buy spirit box and investments invest its own in it will be and in foster to investments in autobahn and when the tulio to take. The sun was more of a positive closed in in china therefore also a show although some kind of one of them both. In the developed markets in europe and us. They also know new trials to be seen which we could never knock to a finance if a few of whats in it. Does if you puts end to high fashion mission via still going to invest even the high sheen visteon as acts in the movie and its at the law. As a given in the token fini gun opining given me a in didnt try and then he can and then his facts to mean decent and none mukesh who will have to knock and. I defend it and thats after his sister to mislead trick is to stop it going to push it into over the toilet i never was an invoice spent 9 as ish miche to me id have it torn effects from the forced. Thank you sandy 6 a gothic anointed aiyana will miss he felt he could think. Up the sox to a could all kiss for cost by this thank god to 6 months i thought to assist could look for cost beyond. The number of millions of insured individuals its sent on its way to multiply when andre has group as a team has a rough idea to which countries and sectors the billions that flow they hire an asset manager he determines what stocks or bonds to invest and. Most of our clients are institutions what they want is they want their their money invested in the Capital Markets. Our customers expect their capital to be returned they want their money back and they want their return on that game and the moment there is another agenda. Well why im commander just 1. 2 trillion euros obvious its and in germany were managing 490000000000 euros of a sense of. The Financial Markets they have a social role in distributing peoples savings towards investment and that investment is usually a form of debt so when you get you take out a loan for example to buy a house that line could end up in a bond and we could end up buying that phone so growth is important so that individuals and companies who borrow money in the Capital Markets can actually pay those lines back. Off of this free trade when he said friend you just. Imagine a world with 0 growth thats a world in in which pretty much everything gets frozen if you havent got a job in this new world with no growth bad luck. Youre going to have to wait for somebody to retire before maybe you get their job. A Society Without growth probably wont work at all. Not for long. It will be jerry and to collapse. Without growth societies will descend into chaos according to the financial and political elite. But is that really the case isnt it rather the blind faith in growth that leads us to chaos. In the eightys the world of finance operating from the city of london and wall street increased its influence and governments and societies and became the driving force of kept us today Financial Markets not governments determine their wellbeing of enteric countries. How did it come to this how could Financial Markets gain such influence over our lives. One person who knows the financial world better than almost anyone asked you at college for nearly 30 years you were the Successful Fund manager on wall street and in the city of london. No i never once Beautiful Mind you i was a scientist and ive been offered 20 times in pounds to go and stone wall street in 1008. And that was one of the worst i was the beginning of. And we went into the new era of reagan and liberal trade the socalled big bang in the city was all about financial deregulation lets go let the market decide and lets hire people and lets see what happens yes i suppose this really kind of control that is here which weve had before and it was that we walked into where money now talks now money wins and you need people small people to trade the markets and make finance the powerhouse behind capitalism which is supposed to be. The plan seemed to work the stock markets build roads no longer needed to be financed by increasing wages and tax revenue now it was all about credit governments and individuals take out loans from banks and investors. So that they could be good consumers and thus generate. Credit cards come along overdraft so to use lending for houses becomes widely available and its at that point that explodes that now its not just the very wealthy have access to all these things consumerism is now people lower down the income scales as well and if you look at money supply in the in supply credits in the early eightys it just explodes. Has been access to consumerism and promotion of current consumerism close debt which is created the growth we created and where we are today. The cold logic of the market took over producing winners and losers. One of the people who knew best how to profit from this new logic was donald trump. I really think i have an instinct but i dont think its the instinct shark i think its the instinct of of maybe getting what i want or knowing how to get what i want. Only if you recognize the profit opportunities in this new era as well as. He made large scale purchases of derelict new york apartment blocks and promised to transform them into Luxury Hotels and apartments to see financing from banks high on the market boom and through the largest tax break in new york city history trump himself had practically nothing no happen is an incredible place where you build a huge building it was sold out in a matter of days i mean you know you build a building with literally 3 or 400. 00 units im building a building is one of the hottest buildings anyones of the scene is just selling like hotcakes and then hatton itself is becoming a place of the rich period. The genie was out of the bottle the brave new world of finance or capitalism could no longer be constrained and great efforts were made to set it as a controllable and secure system. The whole industry is based around a kind of illusion and the illusion of certainty there is a vested interest if you like inside of the system. To project knowledge and extra knowledge but they really dont have any more knowledge than. To. Jump into the story and. Julian on Global Community this generation will have to create its own democracy with social media on at will online be part of the debate any personal comments to you when no topic is off the table is taking on all the systemic islands that people of color have suffered not only now but for decades we are going to be to transform lives the way he gets human equating it business if were going to adapt to climate break down this street on aljazeera. Building a wall was the promise made in the bid for the white house 0 tolerance approach the southern border became government policy detaining children and separating families the stark reality a picture too much to bear for Many Americans in a country that was built on immigration. Follow the key issues of the us elections on aljazeera. In response to Global Warming germany is gradually shutting down its coal industry but is it happening fast enough we dont have any time to waste any more we cant wait so were taking direct action to call for the immediate phase out of culture might as Climate Change activists challenge communities reliant on the industry for jobs people in power who will win the cold war on aljazeera. In doha with the headlines on aljazeera fire warnings are in place along the entire west coast of north america from mexico to canada 7 people have died in the last 24 hours including a one year old child the states of california oregon and washington are the worst affected. Over the last 24 hours work and has experienced unprecedented fire was significant damage and devastating consequences across the entire state. I want to be upfront in saying that we expect to see a great deal of loss both in structures and in human lives this could be the greatest loss of human lives and property due to wildfire in our States History. And there are large trials in brazils amazon rain forest which have begun spreading into untouched areas during the 1st week of september more than 8000. 00 raises were reported nearly a 3rd of those are in areas that have not been recently cleared or are being use us farmland where its easier to contain the spread fires are again burning close to a greek refugee camp that was all but destroyed by another blaze on tuesday night thousands of refugees and migrants have been left homeless at the morea camp on less will silence newly released audio recordings reveal us president but midon playing the threat from covert 19 in public though he knew how deadly it was the recordings are from interviews with Journalist Bob Woodward in february and march us secretary of state might bump a 0 has accused beijing of not respecting Democratic Values and nations to act against its influence in the region the us china rivalry has dominated discussions along with the coronavirus pandemic the World Wildlife fund is warning of the devastating effects humans are having on animal and plant life its global living planet index report shows wildlife populations have declined by 68 percent in the last 50 is it blames comic change in human activity which has led to a loss of habitat and the cofounder of the funk of cool and the gang ronald bell has died at the age of 68 a cold hits like celebration that reached number one in 1981 those are the headlines growing pains continues next on. More on. The view growth of something positive. Its great watching our kids grow up or seeing a tree grow. It we always aware that all growth must come to an end. Theres a limit nature knows no such thing as infinite growth this ruth seems to apply to every kind of growth but one Economic Growth is somehow supposed to continue indefinitely. As one person recognized the 150 years ago growth is the fundamental principle of our Economic System. Capitalism only works when the economy grows but col marx recognize Something Else as well it is this growth that will eventually destroy the system itself and today. Every week that point is the system about to collapse might infinite growth actually be possible. The Bloomberg Company from new york place a central role in the Financial System since the 980. 00 s. Whom book is provided Stock Traders and bankers with lightning fast Price Fluctuations and finance data from around the globe making it one of the worlds most influential media companies. Around the clock Bloomberg News agency and stock market channel broadcast the glad tidings of the free market. Our role in Financial Markets is as a provider of transparency i would probably write a huge amount of data about the numbers on markets on economies all Companies Providing that chronicle of capitalism telling the story of money vitally important to bloomberg and central to what it does. Not raise dangerous is one of most important numbers we look for if i say fourscore on the on the Statement Economy steady solid growth in Financial Markets do usually reflected in solid stable growth. In moments in demand in jobs markets reason is that people feel wealthier if you look at the textbooks there should be no limits to growth but if you look at the newspapers at the moment i get the feeling there is a. Great. Central question now is whether or not a cyclical slump or theres something structural is going on up biggest. I release Information Systems employees are based upon peoples remains have confidence in the information they giving out on the promotion. Of the ideology and the narrative which finance is based around which is increasingly become this kind of game show roche and. For a period time everybody wins. And then theres you know a number of economists marx keynes and pointed out is eventually all these means go on and the question. To those heavy lobbying by the Financial Sector on the government to ensure actually that this Financial Sector growth could continue and governments believe that it was in the interest of the economy because everyone told the monitors and told them that if you had all this liquidity in the system then you must be growing your real economy but actually what was happening within that system rather was that you freed up all this money which was then used to bet on the increases in the value of Certain Companies and certain shares and of money itself in the system and the people who were doing that betting were not only profiting from it but they were also the only people who were regulating the system so it created a huge unstable and incredibly. Equal system in which the rich got very much richer really very fast. For decades society has been transformed into an enormous market to which theres allegedly no alternative. The huge sums few in the Financial Markets scream for high returns and have penetrated every corner of the globe. New ways are constantly thought to expand profits already in the tree is. The road seems to be getting to small for the capital. That. When i was a kid i couldnt afford to fly in an airplane i actually joined the air transport industry before i ever flew in america. Today people take flying for granted it shaped the way we buy goods it shaped places people go to shape the meetings between people and different cultures. Over the next 20 years we expect the world to meet 32000 new civil aircraft. At the moment around 1000000000 of the people who live on our planet fly by air regularly. The remaining 6000000000 dont yet fly by air and its these people who will be tomorrows passengers and tomorrows customers in addition for those of us in developed countries who take flying for granted. Have. Over the last 6 years more than 100. 00 brand new airplanes towards airlines in china. On airplanes theyre missing days that the changes. That take them. As our years a tale that theres something to turn the battle now that we are up as i do well to. Walk i thought was how much of a good thought it was that even though were currently it we have a slightly montreux 100 apples. In china they tend to and every year in the range of 10 or 15 in you them falls want to be viewed imagine if everybody cannot fault the travel expenses even the peasant was low cost the business water a worker is willing to travel by the market is fantastic you cant imagine and i i already seems that this is a sign of that thats why when i look at it every time i must come out of the perspective of the market i cannot imagine as a dime ation of this market when i hands of reference 1400000000 which is even more important than the whole of europe and more atrophy means more pollution what do you do about that. We made every single effort to try to reduce as emissions but if we look at it as a social benefits and as economic benefits as education industry or bring to the humanities and then people may think differently. We. Are trying to make as well as smaller and smaller. To make it a real village. For decades growth was kept on life support with debt only if you had the courage to say that the party couldnt go on forever but no one listened to them. In september 2008 the time had come the house of cards collapsed its a black monday for the American Capital market despite dramatic rescue efforts over the weekend all efforts to keep the worlds 4th Largest Investment Bank alive have failed lehmann brothers is shutting its doors for good its also i think a necessary part of the clean up process i mean we knew it was weak we expected to go its not going in the way that people expected it to but its gong. The long run im confident that our Capital Markets are flexible and resilient can deal with these adjustments for a long time so. I. Dont. Know if. There was a deep shock in the system that was a sense of my goodness we cant let this happen again governments have to have a better handle on this system and for a while there were attempts to do that it lost it probably a matter of a few months in fact by the end of 2009 and into 2010. The very same companies a been responsible for some of that disaster was still engaging in those same kinds of risky trading procedures that for a while had been stopped in the wake of the crisis and we learned a lesson. But then we forgot it again. The financial crisis was a huge opportunity for governments to free the world from its dependency on Financial Markets and to change the system. But they wasted it instead they did all they could to revise the old system spending trillions of dollars to save the banks. Then something incredible happens the banking crisis miraculously became a sovereign debt crisis dr a debt became public that governments and the citizens press objected to a sturdy policies under which millions of people suffer to this day. Thanks and stock markets however to demonstrate a sense of normalcy as soon as possible in reality nothing is as it seems kept the business of after crisis but no longer functions like it once did. Even though its not as busy as it used to be this is still the center of capitalism you can look at all the tourists who are outside the building taking pictures they all still believe this is the center of capitalism its a symbol of something that means something to that. 10 percent im sort of like the weatherman for the stock market i come in every day and try to figure out whats going on in the stock market i talk to trading desks i talk to an honest i talk to people who know a lot about the stock market and i go on the air and on the internet and explain whats going on. Remember the s. And p. 500 is down one and a half percent this month you have very clear market leaders and the reason weve had it is because of better prospects for earnings in the 4th quarter remember what the market leaders have been energy tech events lagging today energy tax and banks thats interesting there are mixed. Opinions and you know if i may just change crowd are. Human beings want stories they dont want an endless list of numbers nobody is impressed with a list of numbers they want to know. Whats going on tell us in plain english what the markets were doing and thats the real skill set and often thats not easy because things are very complicated. People have always claimed that capitalism can be evil and capitalism doesnt help people i completely disagree what i see in the last 150 years is millions of people have been lifted out of poverty i personally am a true believer and still believe that the system works well and im committed to that system. At the underfund and the new york about the van and its far from 1000 mention of the market. Committee of other dimensions in them to get attention because you can fall into a dozen shots which tells me its not. As a hellish defense hard enough housing this is one of the New York Stock Exchange this is a lets say absolutely i was in his 1st published it. Is in this its the machine just about wins. We are into acting cause of death into naming me a given of every all chuffed not going to give in im going to name. Him off the acting force lets come on the awful scene and be among the hostages have been known to the i love the shaft with bells on if you have been in with our side long outside but it was a fun time a while kind of talks to me getting tied to given a sinking truck since trying to balance because of dr mark police towels or competition from de ville just one that really teed up. I think what weve seen over the last few years is cracks in the in the shiny surface of capitalism. And a 1st thats what they look like you know the. Just look at Say Something not quite right the way the light reflects off it and thus you look more and more closely. You see this you see that these cracks go right so the hearts of the model they go right to the heart of the basic ideas of capitalism. Capitalism is to work. The system deliver what it promises. Providing growth jobs and prosperity for all. The on both sides because your new Smart Factory in the uk see this is just. A little. Bit on luck when its young khan and she said of all to. The traditions this one is its you just. Get a cup of tea in the hobbit like a little slow. Down on a lot of. Unix boxes been diminished. But thats a nice touch on the bend us on the on the bad self you can find dont understand. This is all by not talk as it sparks what was on the tube is that in the book is thats come most mishmosh least. Ever since the Industrial Revolution machines have been replacing you label that by causing Great Society the pavements. But until recently they had only replaced the physical labor of humans. Now machines are capable of doing what makes us humans unique they able to think its a completely new chapter in Human History which will have massive consequences on how we live and work. Cant. Acknowledging thanks watson can. I. B. M. Watson is a technology unlike any thats come before because rather than force humans to think like a computer watson interacts achievements on human terms. Thats just interested in some of them because of cognitive often stunt this jesus team and off the company. And dom its been a start kids and kids i mean so i sent his team in how to buy something lengths and in points in full view not find that the disc is something contexts into t. M. Heading into system begins. When time goes entirely deceive us also did not have hospital was just him all talk and on to it. If youre interested in checking it that youre a spectator stand evolutions it makes this whole notion take great great gestures. As well as pick the right to a Mystery Mission get yes you can be able to do it the right people ultimate goal is to get me michael himself will interact with thinking im showing. You visit me stop by and zoom in on a farm said bob so shuffle and getting tired here i can finish my work. Then never get off them beyond hi nicky i t v ted sometimes thats building on and us how to train extremists and if an extremist previously. In the future agribusiness and robots will be able to carry out nearly every would seem to previously performed by. Means of jobs through. These new technologies by the cannot be growth but like much in the way. And that could endanger capitalism itself. Who will be able to purchase all the nice things mass produced every day when there are not enough people who can pay for them with their wages. In Financial Markets agger rhythms have long since been running the show computers interact with other computers and fractions of seconds without any human input. In this room thats what we do here we have an on off switch right was theres really no human in our bench and i really dont believe in leaving the room. And letting you know something trade on attempted its about being there with the creation you know youve worked on. You know even if i dont i dont know you dont control it but you watch it is it doing everything they designed it to do. There are many mathematical models that come out of fields such as horse betting that are used and our business as this kind of fundamental pieces of Algorithmic Trading we somehow project and then our couple this society this idea. That that this is a safe environment for people to build up their rear tire met time is actually a hyper competitive environment and. Depending on the product theres theres you know sometimes i feel safer going into a casino than trading certain products in our space i mean. It is a very different world than the way its advertised to the general public. Financial markets out of control and no longer have any connections to reality why the algorithms and robots produce growth they only provide work and prosperity for a few and its this growth thats destroying our future on the planet. The signs that something has gone wrong with the a system thats become impossible to overlook so why do we consistently ignore them. This is for t. V. The network was always stuck together for your. Time trusting a lot better now than i was before i did tell it you know because they even hire you style you know i mean. You guys look like so you obviously dont know what im talking about but you know this is a really nice quote. I call it going to the most powerful name in Financial Television wall street week his back yes the news guy bridge actually purchased the rights to wall street leaks i view myself as a capital artist ok this company that ive created is my canvas. I know you guys in the media dont like capitalism but you know someones had to pay for the camera and the microphone so i mean at the end of the day the capital system is the only system that weve been able to design that works. Lets talk about growth ok there is a perception right now in these elitist academic salons ok now were not going to grow anymore well thats just flat out wrong if you study 5500 years of Human History we know that human beings are designed to have great intellectual curiosity and to innovate there are so many things that were going to do over the next 50 years is going to shock everybody in terms or keep ability were going to pull asteroids down from the Asteroid Belt or a load of platinum that would be where the 1st trillionaire comes from were going to unlock the ability to stop aging or destroy cancerous cells in our bodies all of this innovation is ahead of us and theres a tremendous opportunity for growth. Theres a sense of desperation so this strategy that we dont want to base a realistic in the world we would much rather have. You know a total fantasy for our guiding star we would like to have this vision that no we dont have to think about detailing grace we have to think about making grows Even Stronger we have to go harder for it we have to make America Great again we have we can all be billionaires we can all we have property empires and of course its a legit i think it goes back to exactly that same simple basic fact we live on a file a planet. That there isnt the space for the dream of this reinvigorated the ranks fetish this is. Just. We live in extraordinary times our world is becoming increasingly complex and many are disappointed to find that they are worse off than they used to be. But instead of touting the Economic System they turn to those who have profited from it the most those who continually promise new growth. For these empty promises more and more people are apparently willing to sacrifice democracy peace and then vironment. Capitalism has reached a new level of escalation but is no longer suited to the world we live in. Its and its closer than we think. Mostly house and dr coles across much of the middle east what we have seen of the last several days is yet more showers and thunderstorms across the fall south and west of yemen and have a look at this because this is in the fall northwest and the rains have been particularly heavy and also very prolonged and has led to widespread flooding as you can see him now there are a few more showers in the forecast as we go through thursday will see as a cloud developing across saudi and those showers likely running all the way down the western side to the north its still very hot the temperatures back up into the high fortys across into baghdad but the winds a generally fairly light but at least finally the temperatures beginning to slowly come down across into jerusalem central africa. But for the next couple of days its really going to be coastal areas where we see the heaviest rains in the showers coastal areas across eastern madagascar and then really all the way from up through a towns in here right there a long towards somalia another front just sliding by the south of south africa game bringing a few showers there and quite a a difference in temperatures sunny warm day in cape town on friday you can see here for the next few days plenty of sunshine maybe cooler on sunday with one or 2 showers and generally staying fine and dry ground into port elizabeth. Is a danger. And hope. To 0 dollars for refugees facing the challenge of building a line from europe. To their rooms i still have. Very proud of your. Place of Revenue Growth and. On aljazeera. Now you see. With. The end the end the in. Towns burnt off the map in the u. S. Says unprecedented wildfire is raging around the west goal studly 7 people are killed. So youre watching aljazeera live from doha im fully back t. Ball also ahead thousands left without shelter as fires are again burning in europes largest refugee camp on the greek island of less close the river begins to recedes people in sudan get some relief from floods but water borne diseases are now emerging and the struggle for schooling in the philippines our children from vulnerable communities are being left behind by the move to distance learning. Thank you very much for joining us record fires are raging along the west coast of north america from mexico to canada at least 7 people including a one year old baby have been killed in the u. S. Several states are now battling flames which have consumed entire communities and blanketed cities from San Francisco to seattle in smoke 5 small towns in Central Oregon have been destroyed more than 80000 people in the city of medford have been told to leave their homes the governor is warning it could be the deadliest season over the last 24 hours work in has experienced unprecedented fire with significant damage and devastation