Thanks for joining us. My name is alex meriwether. Onbehalf of harbors bookstore im pleased to introduce tonight talk with Thomas Levenson presenting his new book money for nothing the scientists and corrupt politicians who reinvented money , panicked and nation and made the world rich. Professor levinson is joined by david dobbs. Through Virtual Events like tonights, Harvard Bookstore continues to bring authors and their work to our community and our new digital community. Find our Event Schedule at harvard. Com events where you can sign up for our newsletter and shopper shelves from home. This evening discussion will conclude for some time for your questions. If you have a question speakers go to the q and a box to submit a question at any time during the discussion. We will come to it at the end of the talk and work on answering as many of your questions as timeallows. And in just a moment ill post the harvard. Com link to purchase money for nothing in the chat box your purchases an
That. Ill keep it short because i know wevegot time constraints here but a quick description of what an enormous challenge this is. The secretary of Homeland Security managers 240,000 people in the department. The responsibilities for Homeland Security are vast. Ill start with itthe federal Emergency Management agency that has to deal with do hurricanes and wildfires now covid amongst many other responsibilities , Border Security, a huge issue. Weve not fixed that problem by a long stretch but this administration has done a good job of stopping the outofcontrol illegal entry that we are experiencing over a year ago. Pe this department is concerned about cyber security, Election Security, security of our Critical Infrastructure and as we just witnessed with some of the protests that have sprung to right, also protecting our federal buildings and of course we have to thank David Underwood in open oakland california, a member of the federal Protection Services so the responsibilities are
Dozens of earnings. Softbank. Cus on nextn move it on to our terminal chart that shows softbank. They have said they will buyback 12 of their shares. Up more than 40 percent yeartodate for softbank. Dollar has been firmly in focus, given what we have been hearing from the fed. The index is down. 4 . Looking for a fifth week of decline for the u. S. Dollar. Gold is up. You have seen a little bit of softness towards the end of the session. Can it break above 2000 and stay there . Crude is at 40 a barrel, up. 8 . There is concern. Is a concern in terms of the pandemic. Point. Own one basis look at lets have a the first word news, kicking things off with the global coronavirus case levels. Passing the 17 million mark. All out with a Record Number of deaths. California had its second deadliest days deadliest day. Texas, hospitalizations dropped for a ninth straight day. Almost 10,000 people in the u. K. A earlystagen vaccine. Almost 1000 new infections in germany. The australians have a cas
33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chip industry as well so the month on month number really a pop up 7. 2 growth, haidi. Today would be an interesting litmus te
Only to be stomped on and have their life choked out of them but you brutes did whats happening here in america of course yearning to breathe free is very important that this isnt a part of the problem right now and america is obviously we have the racism and the state power exercised through the police force which is and literally has the knee on the you know your boot on the neck of the populace obviously black americans are at the bottom of this but you know it is layers of this absence of being able to breathe 3 we see this or that injustice built into the system where theres a certain select group of people who do have privilege of course we are supposed to be you know a nation founded by these truths that are self evident that all men are created equal that may be true but if some are given privilege that negates all the equality that we have. Earth Michael Hudson feds 10 trillion dollars defense assets of the rich so the fed has revived the stock market downturn hes referring to