I need some oxygen because what im about to say is explosive thats it lets check in with stacey oh well you know every episode of aristide has quite explosive but i want to say that you know that old saying that no one expects the spanish inquisition yeah well no one actually expects money printer go no one actually expects the economists at the Central Banks in the treasury to actually listen to those academics to listen to the ivory tower economists telling them to print money joy you know the worlds greatest a calm is the i reach hour on top of the ivory tower the man who wrote the defining textbook that all economists follow around the world the number one the premier 0 economic mind of our generation of our sanctuary is of course plucky. Right no one expects the treasury to abide by the sayings of plus nobody actually said yes we have so much as you call so with that i want to point out that here is the headline and were going to go into this about like why no one actually expecte
N chip shortage after blowing 84000000000. 00 on share buybacks since 2011 and now wolf fully behind intel clamors for 50000000000. 00 in subsidies for us chip industry intel is getting 50000000000. 00 theyre one of a few Companies Getting 50000000000. 00 in subsidies in the latest of the trillions of dollars package and theyre getting 50000000000. 00 to help build the foundry you know build some more Semiconductor Chips in america and on the other hand t s m c was who is the large which is the largest manufacturer of these us Semiconductor Chips which are such shutting down production all over the world because of the shortages of it what happened is they did not expect as i wont shriek as much but this is plucky and plucky is an economist who works for the central bank and offers his advice never have any Central Banks ever actually taken his advice because its always so absurd and he shrieks as youve heard him speak. And nobody has ever taken his advice but these are different times
President xi jinping had to say as was reported by chinese to. Oh micou operation between china and the us serves the interests of the 2 countries and conflict can only hurt it is the only correct choice for both sides it can lead to major achievements that benefit both and the world while confrontation will be a disaster to the world. Now in a statement the white house that President Biden also voiced his concerns about what he called beijings cold worse of an unfair economic practices their involvement in hong kong reports of human rights abuses targeting weaker minorities and assertive actions against u. S. Involvement in taiwan now in response to those concerns beijing has been quick to say that these are issues of chinas National Sovereignty and to say that the u. S. Should proceed cautiously moving forward well now that theres a new administration we know how president trumped up with china and a lot of people agree been on both sides of the political aisle do we know exactly whe
Are we starting our only out the next couple of weeks. Here weve got to leave here now barry thank you very much press a very showbiz south africas minister Advisory Committee on kovacs its very best to take a selfie thank you very much no only for these pictures redrum attic pictures dont see me see the pictures the massive explosion that leveled a supermarket look at that in southern russia this morning blamed on a gas leak thankfully it was earlier on so not many people were caught in it huge blast invalid it have cats the capital of the republic in the caucuses there but 2000 kilometers south of moscow big plumes of smoke but then we go to the pictures as well of what left afterwards coming up in a 2nd you can see just how massive devastating that explosion was it was a supermarket theres literally nothing left of it all over those pictures will come it leveled the building fortunately no casualties there we go well leave you with that scene i can say a bit of good news from all th
A statement the white house that President Biden also voiced his concerns about what he called beijings coal worsened and unfair economic practices their involvement in hong kong reports of human rights abuses targeting weaker minorities and assertive actions against u. S. Involvement in taiwan now in response to those concerns beijing has been quick to say that these are issues of chinas National Sovereignty and to say that the u. S. Should proceed cautiously moving forward well now that theres a new administration we know how president trumped up with china and a lot of people agree been on both sides of the political aisle do we know exactly where the relationship stands now well there still is a lot of tension right now and weve watched beijing proceed with a lot of caution themselves waiting to see what it was going to be like when biden got in office what he was going to do in terms of those relations between the u. S. And china and what weve seen so far is that right now biden i