In anytime he want and i always appreciate its go to pi 1st because i one of my rules on this program we always go to the person the god up earliest and you got up really early for those programs own i wrote very much appreciate it hi you know that theres a lot of talk about it how capitalism is performing and for home and we look at the rig generation x. We look at the middle of millennial as we see the attraction of socialism in the polls so my question is very broad in its a very deep question at the same time he said is capitalism working if it is for whom go ahead well its a great question. My kind of response question is whether capitalism whose capitalism i mean its 201920 years ago we had the strongest economy known to man with you know Everything Technology and the promises of the internet and efficiency the lowest real rate of unemployment back then versus real unemployment right now being a multiple of what the government states that it is so why was capitalism working so sp
This is stand ability of a middle class i dont think its working in the same way that it had in decades past ok its good alexander in indianapolis i mean i think thats the point here is that i have im actually for capitalism ok i dont want any misunderstanding but im i want to work for everyone or more people and its working for now ok because we we see you know we hear you know depending on what side of the political aisle you are you know how well the economy is doing well its doing really well for rich people and that is undeniable when it goes a little bit further down i think its a lot more nuanced than the talking points that you hear on c. N. N. Or fox go ahead alexandra. I think i think youre right peter its always more nuanced than that the talking points from here on fox but i mean adam smith himself wasnt naive and he recognized he wrote in his wealth of nations about the that that that free markets would produce inequality he wrote for everyone rich men there will be 500. 0
Plus,teel magnolias 30 years. And another classic celebrating 30. Entertainment tonight called and wanted to interview me. Look who is talking about kirsten alley and happy thanksgiving, you are all about giving thanks for the big milestones this year. That includes having a friendsgivi bause the gang from central perk turned 25 this year and now a reunion is in the works. 25 years of what . Like since it was thought of . Since it began. Wow. My brain just warped. Rachel . Oh, god, monica hi. Thank god. It feels like yesterday. It really does. We all gathered together and watched the premier of the pilot. We were like, i dont know, like little puppy dogs just, you know, climbing all over each other, and playing and playing games. And wanting to be together all the time. It was fun. The whole thing was the best experience that i could possibly imagine. I felt very lucky to have been a part of that show. Welcome to the re world. It sucks. You are going to love it. Ten years, 236 episodes
A billionaire hes an austerity and people dont resignation hes a billionaire hes an austerity and people have had enough. Weve had protests in lebanon weve had had enough. Weve had protests in lebanon weve had protests in haiti weve had protests in egypt and spain so tess in haiti weve had protests in egypt and spain so a lot of them are about this global insurrection and get all the reaction rationally divs banker occupation a lot of them are about this global insurrection and get all the acceleration it gives banker occupation thats what we call it we said and you know they got over there its so thats what we call it we said and you know they got over there its so what i call i came up with i mean metaphor its the stone blower you know that with a style blower of a car came up with a new metaphor its the stone blower you know that was a style blower. You know a push down the sidewalk or the road there and it blows all the snow in a push it down the sidewalk or the road there and it b
Out into the economy they did not create any meaningful g. D. P. Growth and in fact over leverage the economy 10 times greater than it had been in 2000 and out into the economy they did not create any meaningful g. D. P. Growth and in fact over leverage the economy 10 times greater than it had been in 2008 so now the debt bomb is exploding or nay so now the debt bomb is exploding and the fed is desperately trying to cover it in the repos market and the fed is desperately trying to cover it in the repos market which is like trying to put that fire in california with a squirt gun so the find it which is like trying to put that fire in california with a squirt gun so the final settlement of a transaction thats thats cash thats gold thats big queen theres no count. Party risk settlement of a transaction thats thats cash thats gold thats big coin theres no counterparty risk these people in the Financial Markets do not want to swap that for these people in the Financial Markets do not want t