I like to welcome you to todays program and as you know today is pearl harbor day and i would like to take just a moment to recognize those who have served and if there is any veterans or active Duty Service Member please rise and we can acknowledge your service. Thank you very much. [applause] today is a day that marked the transition of america from an isolationist nation to a global superpower and there are a few days in World History like december 7 because of what it meant for the world we live in i today in so many ways. Were very fortunate to be able to honor today with a Wonderful Program on a new book that has just come out and how many of you are members . If you are a member, raise your hand great while, look at that rate thats great. Thank you for your support. It makes these programs possible and because of members and trustees like you that we can do these programs and last year cliff who is a Program Manager put on 58 programs here at the library and i would was very imp
Click on the after words tab near the top of the page. Good afternoon, everyone. Welcome to the Henry Wallace center here at the Franklin Roosevelt president ial library and museum. I would like to welcome you to todays program. As you know it today is pearl harbor day and i would like to take just a moment to recognize those who have served, if theres any veterans are activeduty servicemen, please rise so we can acknowledge your service. Thank you very much. [applause] today is the day that marked the transition of america from an isolationist nation to a global superpower and there are few days in World History like december 7, because of what that meant for the world we live in today, in so many ways. Were very fortunate to be able to honor today with a Wonderful Program on a new book that is just come out. How many of you are members . If you are a member raise your hand. Look at that, thats great. They given much, your support makes these programs possible because of members and a
Now we begin in saudi arabia where Security Forces have reportedly detained 2 senior members of the royal family they all crown Prince Mohammed bin nayef and prince of men been advises outside the younger brother of the saudi king now according to the wall street journal theyve been arrested over accusations of plotting against king solomon and crown Prince Mohammed bin some of the reports suggest theyre facing Treason Charges and could face life in prison and all the Death Penalty both could have rivaled crown Prince Mohammed bin for the throne when king solomon dies saudi gods of also arrested one of mohammed bin nayef brothers out of their Senior Correspondent alex planes what these detentions mean for the kingdom and their impact on saudi politics. In terms of his significance its huge because were talking about true of the most senior members of the saudi royal family and true that up until now have not been seen as supporters of crown prince may have been someone in the direction
Prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing of waiting is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central bank by the safe assets the government bonds some of the Corporate Bonds that are held by Institutional Investors the Institutional Investors will then bible and slightly risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality where there isnt enough demand in the economy and what youve seen is those investors just buying other types of Financial Assets buying up really. State in Capital Cities around the world which is why people g
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do thi