Luis suarez as the banned footballer is finally allowed to train with his new club. There is signs the political deck lock could be broken. Nouri almaliki agrees to step down. Crucially, the countrys sunni rebels led by trialal sliders say they may also be willing to take up arms against the Islamic State rebels. They have provided thats provided their own demands are met. Translator we condemn terrorism in all forms, that is of i. S. I. L. , the militias of almaliki or the terrorism employed by certain politician to his serve their own purposes. With respect to the demands raised by dr. Roger ha i. D. We direct the government directly to take the necessary measures to put an end to the em barred. And withdrawal all the socalled security personnel. And the european ube upon Foreign Ministers are holding a crisis summit on iraq. Well go to sue there shortly but first to jane as we heard there the sunnis may be reaching out to the new Prime Minister, but they have some big demands. Repor
On the Great Depression families face a Great Depression. So thered be appropriate for us to talk about the story of norveld, which isnt its its a Great Depression story. About how to deal with the suffering that the Great Depression brought about and i want to first talk a little bit about that suffering so we can see that. Economic epic opportunity fell pretty dramatically. This is a measure of us gross domestic product. So does anybody know what that might mean . Gross domestic product have a sense dan. I would be products in the us in general not imports or exports just products in the us and not just physical products, but all economic activity. So its its an attempt to measure all the academic activity thats happening in the economy. And so and of course, it wont catch everything, but it catches a lot of it and its good to compare across time and you can see that in 1929. Were over a hundred billion dollars in gross domestic product, but that started to fall pretty dramatically s
Currency wars . At some point we ask for, have a weak dollar, which active in the next country can buy the same machines and shop in barcelona, see the local market. Are we looking at that end of the equation in terms of the offtake as they say in biofuels . Well, theres a famous economist in the 1800s called Jean Baptiste say that man creates its own demand and that is certainly true, particularly in this case. As companies become more perfect is come at cheaper the kind cheaper. So we dont have the worry about somehow people will want things. We have about 45,000 in this country and i guarantee you the vast majority people would rather have a Median Income of 200,000 for 400,000 or a million and thats just us. In terms of currency, currency is a problem. Fundamentally we cannot become our project even innovative is a country, were not going to get access to these markets. Why is the german philosophy as manufacturing jobs . Not because productivity went down. The renovation went up u
Father buy a tv. Because tvs was not a come thing in households at that time. So in order to keep one the struggle in our home state in alabama my mother made my dad buy a tv and every day watch Walter Cronkite report what was going on in the south. And my mother used to get so emotional. So mad. Because she seen bull conners. Racist police. Our people being hosed down and dogs being sicked on them just for trying to vote or attend a rally. My mother used to get so emotional. Back in those days, later on i had nine other brothers and sisters but at the time i was the only child. And she would look at me and say boy dont you ever let nobody do that kind of stuff to you. So she just instilled that in to me. I went on with my life. And in my junior year, i was coming back from a track meet. I was on the track team for lemore high school in san joaquin valley. I used to fight every day in junior high school. And he was my physical education teacher. And he would see me fighting every day b
Economic epic opportunity fell pretty dramatically. This is a measure of us gross domestic product. So does anybody know what that might mean . Gross domestic product have a sense dan. I would be products in the us in general not imports or exports just products in the us and not just physical products, but all economic activity. So its its an attempt to measure all the academic activity thats happening in the economy. And so and of course, it wont catch everything, but it catches a lot of it and its good to compare across time and you can see that in 1929. Were over a hundred billion dollars in gross domestic product, but that started to fall pretty dramatically so that by 1930 were below a hundred million by 1931 were below 80 million by 1932 were below 60 million and were right about in the 50s, so were probably cut in half gross domestic product. Which means the economy shrank by by half, which is a terribly difficult thing now youre good. So so its what does that mean though . For