An attractive alternative to the current Global Banking system is bitcoin revolutionizing the world. Across talking bitcoin im joined by my guest mitch firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we crossed Garrick Heilman he is a Research Fellow at the university of cambridge right gentlemen crosstalk rules in effect that means he can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean im of the age and i used to work in finance ike i can remember the dot com bubble and then its melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. I think i think a little bit of both to be honest and certainly weve seen you know some aspects of this story befo
One percent of over the counter drugs already expecting to live longer than any previous generation they spend on teeth whitening and cosmetic surgery and the golden years are in now baby boomers control eighty percent of all Leisure Travel spending theyve got the time and theyve got the money there were forty million grandparents in the usa in one nine hundred eighty there will be eighty million and twenty twenty and you know they dont those grandkids so while media buyers on madison avenue figure twenty five to fifty four is the demographic sweet spot the numbers say theyre aiming too low thats super excellent was why i want you to come and tell our viewers thank you so much if people want to catch the full monty version of the big picture were going to get it you can see this most recent episode and all the shows weve done at youtube dot com slash the big picture our t. Watch any time anywhere on any device thank you hala appreciate you being here that part. Time now for a quick bre
Virtual currencies are meant to act as a type of money that can be traded online exchanges for conditional conventional currencies such as dollars. Or use to purchase goods and services predominately online. Developers, businesses, and individuals are selling through selling Virtual Currencies through initial point offerings to raise capital. Year, manyst americans have become increasingly interested in Virtual Currencies especially given the meteor rise in valuation in recent fall bitcoin. Just for perspective, on january 2 last year, bitcoin broke the 1000 barrier and then peak in december at a way thousand dollars and as of this morning is trading at roughly 6,900. Today, the market capitalization of bitcoin is roughly 115 billion. Regulators and heads of industry educate investors. Part, the sec as put forth many statements and guideposts to help the markets and investors. Has issued sec bulletins on initial coin offerings. Theyve issued several enforcementbrought actions against f
A little bit different im not a Abraham Lincoln or no no no one knows up with all the drama happening in our country im shooting the road have some fun meet everyday americans. And hopefully start to bridge the gap this is the Great American people. On. What politicians to do something to. Put themselves on the line to get accepted or rejected. So when you want to be president im sure. Most somewhat want to reach. Out to the right person was like them before three in the morning cant be good. Im interested always in the wives in the house. For shit. Welcome back china posted gains a twenty seventeen as their Gross Domestic Product grew by six point nine percent at face value chinas growth in twenty seventeen with a faster record in over two years experts say china saw much stronger exports and the government Infrastructure Investments like the monumental belton Road Initiative help spur growth towards the end of the year however there is concern by some over the years that chinas risin
Still be seen on t. V. You see children to meet you looks good. You will know the old pleasure to look for the secret of the armor sure you can you get other cool and useful but when youre the mob boss lady getting this old miser the president of us there. Are plenty of welcome back china post again said twenty seventeen as their Gross Domestic Product grew by six point nine percent at face value chinas growth in twenty seventeen with a faster record. In over two years experts say china saw much stronger exports and the government Infrastructure Investments like the monumental built in Road Initiative help spur growth towards the end of the year however there is concern by some over the years that chinas rising debt is a problem the i. M. F. The International Monetary fund reported that the countrys debt has ballooned and was two hundred thirty four percent of total output beijing is said that it is taking steps to contain the risky debt despite the Economic Impact and on those numbers