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 delivered on its 2nd quarter g. D. P. Numbers and the worst performer was Boris Johnsons britain its economy contracted more than a 5th after failing to lock down early enough the country also has the most deaths in europe. While the Unemployment Rate has yet to reflect the severity of the economic crisis its only a matter of time when furlough schemes across europe come to an end in the United States more than 20000000. 00 people lost their jobs before a stuttering recovery began in the developing world those in the informal economy with the worst affected with more than 120000000 da
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 its 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 hes known 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 and concepts and things like that and just probing these things in a very funny ways a very funny man was well he was born he was 59 years old born in new york
2020 and things are crazy and some great minds have been exiting the world speaking of minds but also speaking of nassim taleb he wrote a great tweet eulogizing david grouper who was a friend of mine a friend of ours a friend of the show hes been on the show many times hes the author he was the author of debt the 1st 5000 years and i think nassim taleb who is an intellectual himself and a great author and you know thinker who explores ideas and is willing to be 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 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 its a point of view which i guess. Would some would say would be anticapitalist in a lot of ways in explored that vigorously
Line tackles the big issues this is shaping the United States its people its economy and the way it deals with the rest of the world the bottom line only. 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 and 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
It is the end of an era, possibly. Prime minister shinzo abe plans to resign for Health Reasons. He is expected to make an announcement imminently. Jerome powell plans to let inflation and unemployment run there if he can get them in a ship that will likely keep Interest Rates low for years. Tiktok. Battle for walmart joins microsoft making a joint bid for the apps u. S. Asset. Can they fend off oracle . Just under an hour from the start of cash trading in europe. Lets look at futures this morning, even as the nikkei 1. 4 , you know, it had been gaining, the topics and the nikkei had been in the green and both fell. European futures are holding up. We still see green arrows on ftse and dax futures. Take a look at u. S. Futures. Green arrows there as well. Even after alltime highs once again hit yesterday on the s p and the nasdaq and the shinzo abe resignation report pulls down japanese stocks, u. S. Futures holding strong. Atside of japan it remains risk on and to the week. Anna a lot