System and put in question whether or not we really own our deposits we need some independence or of wealth and i think because as is becoming the big question another crypto currency is also you mentioned venezuela there are many many different cryptocurrency that are being used there are now thousands of them and theyre all fungible one with another each other its a Wonderful Technology and and i personally believe Something Like a private cryptocurrency a global basis is good with the future of medium of exchange and for value around the world. As well as a doctor living in Interesting Times someone once called it the age of rage because we have global unrest and global protests that are all stemming from bad years and years of bad Monetary Policy collapsing currency and financial inequality as actually summarized earlier so this created the perfect storm for just a. Huge disruptor like bitcoin to emerge as an equalizer for all the citizens who are being affected so when theres unre
Come along with me. Step into christmas. The admissions free. Lauren welcome to fbn a. M. Good morning at home. Im lauren simonetti. Im deirdre bolton, in for cheryl casone. Keeping you company. Lauren we look like christmas this morning. I was thinking that. Lauren the music, the scene, merry chriss mass rally last christmas rally last night and historic vote to impeach the president. First lets take a look at how your money is moving. Dow futures gaining 31, nasdaq up about 4. Stocks in asia mixed. If you look at the japanese market, lowering the kospi, the if you like, nikkei as well. The kospi is a little higher right now but the nikkei is down after the central bank in japan p kept moneyly policy steady. Lauren the ftse is up 15 point, cac slightly higher, dax down twotenths of 1 . Nancy pelosi is considering bypass aing a senate trial after the Historic House vote to impeach President Trump. Th it is not letting the te president is not letting it stop him, rallying in michigan. R
In malaysia supposed to survive if an entity such as the u. S. Can come in and strong arm the country into shutting down your Bank Accounts like you said kristie a lot of these people are now relying heavily on these crypto currencies but could countries really ever block the use of them because theyre becoming so popular. But how all of the sudden. Well its going to be on ramps and they say on ramps on the off absent are a problem theres absolutely no censorship in the network itself so if you own crypto you can pay with crypto you can own it and transfer it not for sale but if ever you tried to move in and out of the National Currencies thats where governments become very significant they can they can ban a 2nd taxes they can regulate its they can regulate the exchanges and i must say over the last 11 years thats become the big problem in the crypto world so its becoming its own ecosystem and and its really true that the worse governments get the more sense sorious they get and the m
Capital markets they have no access to banks how is the city how is someone living in malaysia supposed to survive if an entity such as the u. S. Can come in and strong arm the country into shutting down your bank account well like you said kristie a lot of these people are now relying heavily on these crypto currencies but could countries really ever block the use of them because theyre becoming so popular. Because of how low the. Well its going to be on ramps and they say on ramps and they are fabs that are a problem theres absolutely no censorship in the network itself so if you own crypto you can pay with crypto you can own a transfer and thats one thing but if every tried to move in and out of the National Currencies thats where governments become very significant they can they can ban a 2nd taxes they can regulate its they can regulate the exchanges and i must say over the last 11 years thats become the big problem in the crypto world so its becoming its own ecosystem and and its
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn