Said mark wright whats amazing is that this discussion of whats a better store of value gold or a bit coin and in lebanon we have a taste test case people are selling gold to buy bitcoin that proves the big point is a greater and more portable store of value than gold and thats going to be the story all over the world people cant take their gold across the border its too heavy its too obvious they cant take that point and thats what people are doing their fling with their big point whether its in china lebannon all over the world goal is not the store of value that big coin is thats why peter schiff under his desk in a fetal position crying this is why alex jones is converted now to being a full blooded bitcoin bear this is the new way so the banks in lebanon have been restricting withdrawals of how much cash you can access lebanese banks began imposing increasingly restrictive and formal capital controls after a Popular Uprising 1st swept the country more than 4 months ago foreign cur
Demonstrators were hoping to reach the National Assembly and renew a campaign to oust progovernment lawmakers before being blocked by a security barricade riot police then fired tear gas in a bid to disperse the crowds this is the 1st rally called by god oh since returning to that as well from a high profile tour to drum up International Support in a bid to unseat president Nicolas Maduro Opposition Leader declared himself interim president after launching a movement to oust mr old last year. Thats a breakdown of todays top headlines for now but if youre looking for more you can always had to our website or to dot com thanks for tuning in. Sure this is the kaiser report you know of open court adoptions driven by banks failing and countries failing and now in lebanon theyve got a huge crisis and of course big clients come to the rescue stacey max were going to get into lebanon but 1st i want to have some show notes here we are still in los angeles it is the busy suburbs where they did f
Dont tory asli volatile cryptocurrency as the countrys economy founders so this was an aljazeera english and they looked at after years of being knowing about bitcoin it was only when their country banks started to fall apart when their credit default swaps suggested theres a 99. 5 percent chance of them bank going bankrupt and banks introduced the same thing that we saw back in 2011 with cyprus and they had the balans 1st they have the limit on the amount of money that you could withdraw so in lebanon we saw Something Like 4050. 00 a day that theyre allowed to take out and they focus on a guy name are who asked for a surname to be withheld. He says hes not standing around helplessly he is trying to move what is left of his savings out of lebanon via a financial instrument meant many in the country have not embraced until recently big coin quote suddenly everything turns upside down and all the options are open said mark wright whats amazing is that this discussion of whats a better st
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Rate. That meeting, 2day meeting beginning trade, trade in focus, Robert Lighthizer testifying before Senate House Committee today and ways and means tomorrow. Jeff, great to have you. Thank you, glad to be here. Maria thanks for joining us, i remember when you first went public, a lot of conversation of where the growth is coming for and since then the stock is up 1,000 , congratulations. Thank you so much. You bet, last year i move today hong kong for most of the year trying to understand better the market, but in that time we figured out something thats perhaps obvious which is thethe biggest brands in the world want to advertise more in china, largest surge in middle class in china, in fact, over 1 years 10 years they will create middle class. Maria wow. Cocacola, nike, you want to be tapping into a large surge in middle class because they are Global Companies and we help Global Companies . Given the fact that companies that want to get a foothold in china so far can only do it thr