that billions of dollars of investment into alternative fuel and most importantly into being able to capture and store the alternative renewables they have right now that that is actually a wise investment and in the end it will be net positive to our gdps than a net negative. a lot is the economic argument and how do you persuade countries that the economic argument in the future will actually serve them? well, great setup to what the agenda is here, both specifically with climate and the larger environmental issue of terror that they re dealing with and good bump tease. bill gates, a big part of the solution will be public/private partnerships. bill gates is going to announce a huge initiative with president obama involving other private investors. he wanted to talk to christiane amanpour. she was generous enough to do it on new day. as we get back to alisyn and michaela, we ll have bill gates expressing what the mandate for change is. we ll do that interview if a
it s driving the global markets. for eight years we had zero rates and people borrowed dollars to put money in places with higher rates. all emerging markets. last year, trillion dollars of that money s come home and there s a lot more yet to go. so what does that mean? strong dollar and over in the emerging markets. we currencies, commodities, gdps and every other metric. i don t think their market caused our market to happen but it is very important. china s quite soft right now and more bad news to come from their stock market. john, part of what you are talking about is u.s. and international capital going to china in a response to chinese policies and is there anything much that the u.s. can do that, other than counsel people not to be overly xub rant in chasing yields internationally? the fact we had zero interest rates pushed that money away and forced it to look somewhere for
difference between socialism and capitalism. you may not like the extent to which we are capitalists. we may be overly capitalists. i know i am. proud of it. that s why i wore this today. difference is profit motive. it makes you work hard. the profit motive makes you risk your own capital and labor and allows you to innovate and come up with new ideas that will create products. because you have skin in the game. countries like the united states of america, england, brazil, germany, where the per capita gdps blow away socialist countries like china, cuba, vietnam. you say germany is not a socialist country? it s a capitalist country. they were socialist at once. the nazi party was a social party. that was a while ago. yeah, dude. a couple years ago.
let s talk about the difference between socialism and capitalism. you may not like the extent to which we are capitalists. we may be overly capitalists. i know i am. proud of it. that s why i wore this today. difference is profit motive. it makes you work hard. the profit motive makes you risk your own capital and labor and allows you to innovate and come up with new ideas that will create products. because you have skin in the game. countries like the united states of america, england, brazil, germany, where the per capita gdps blow away socialist countries like china, cuba, vietnam. you say germany is not a socialist country? it s a capitalist country. they were socialist at once. the nazi party was a social party. that was a while ago. yeah, dude.
even at 50/50. what will happen is the same issues, abortion, immigration issue will be front and center ask those gdps will make social media dive? those elections. let s talk about wearable tech, gook or chic? we re seeing it on the move. we re talking about google glass, jawbone and fitbit, these are things next to your body that help you do things. a lot of positive trending and a lot of concerns and particularly the google glass about privacy and a great deal of misunderstanding about how you use these devices and 2014 will tell us if they re geek or if they re chic. i really appreciate it today on the reputation report. that wrap ups this hour of jansing & co. thomas roberts is up next. richard, good morning to you. on the agenda next hour, i know