United states its people its economy and the way it deals with the rest of the world the bottom line. Hello im daryn jordan this is counting the cost on aljazeera your look at the world of business and economics this week cracks in the Global Economy stocks saw to record highs despite the coronavirus pandemic billionaires become richer but the poor get poorer so is it time to finally confront capitalism. Remaking china on the world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. And global debt saws as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over a secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months of the year well most of the industrialized world has
Selloff. Yesterday the nasdaq fell almost 5 . Apple in terms of market cap loss biggest market cap lose ever in one day. The race for the white house turning to swing states. President trump talking tough on crime during a stop in pennsylvania while joe biden visited wisconsin for the first time in nearly 2 years. Later this hour i will be speaking with scott car presenter whose business burned down during kenosha violence. Coronavirus taking down the dark knight. Mornings with maria begins right now. Checking Global Market action, european losses, almost 1 gain in england, in france, more than 1 . In asia overnight it was red across the board really following wall streets losses on thursday, south korea, shanghai, japan all to downside man wanting in Fatal Shooting of President Trump supporter in portland is now dead, Cheryl Casone has more, cheryl. Cheryl thats right, antifa member was shot killed an overnight by officers. The 48 pulled out gun right before she was shot. He was wante
The mornings global headlines join us again. Welcome to kaiser report Summer Solutions im max kaiser here with Stacy Herbert you know we look at the solutions we love take a deep dive into the issues weve been chatting about all year now today were going to be talking with faneuil would have more also known as an l w of the breakdown pod cast been following him on twitter for a long time listen to his pod cast you know the great thing about this whole new universe of media states is that people who might not get on media get on media and then they run to the top and suddenly theyre like wow these people are awesome and i would put a sale in that camp what do you think well thats the good thing about talking to heterodox thinkers because we dont have to just stick with the orthodox guys that are so boring on all the mainstream cable news channels we have the best guess so you know nothing i want to talk to you about one of the themes that weve presented here on kaiser reports Summer Sol
Challenged just like david graber was wrote David Greenberger he was a real intellectual very real not one fake cell in his brain not one fake bone in his body he thought independently he was monstrously and original he had intellectual courage the world seems much smaller today than before september 2nd david rest in peace yeah he is a intellectual giant i guess you could say of this era and wrote about death it took a point of view which i guess would some would say would be anticapitalist in a lot of ways and he explored that vigorously i remember a very long walks with him through the city of london and he would reveal his extraordinary sense of humor hes a very very funny guy as most highly intelligent people are they do are capable of it its not always what david graber would want to show because shes not. And as a public intellectual so you dont want to show that side of yourself too much but privately and walking in me and we have great fun you know playing around with words an
Everywhere as more and more companies file for bankruptcy. A to analyst says a number of fla names could come out stronger. Later, what makes tiktok tick. An inside look that is dominatidominate ing social media as china is saying it would rather shut down the service in the u. S. Than succumb to a forced deal well tell you about that as power lunch starts right now thanks welcome to power lunch lets take a closer look at plarkts right now. You have industrials and materials leading the way higher in fact, materials is the only sector in the green this week. We havent talked a lot about that as a source of leadership tech that had been the leadership havent recovered from the steep sell off. The nasdaq still down about 11 from its record high its worst for a lot of the individual names docusign down from its 30 high. Tesla down 27 from its all time high apple is lower today apple is down about 20 from its high as well apple near a 3 decline. Tyler, back to you with can skinny stimulus