Their power and they certainly dont want to give up their 3rd element the exorbitant privilege member as the boomers who have more than any other generation really lived off that they exorbitant privilege of a total feel old based on the u. S. Dollar so i think these are the 3 ingredients coming together you know this is our theory is like looking at these 3 theories together and perhaps this could explain right well you know so things go in cycles right things go in seasons were familiar with the seasons and then there are the cycles there as they can recall cycle as a 60 year cycle in economics theres the boom and bust cycle theres the 4th turning right so this is a book about cycles in American History that are roughly 70 years in length 80 years in length and that this 4th turning would be the beginning of a chaotic to mulch us period and it was foretold that in 2020 this would kick in so it was predicted and you know we on this show it in talk. About why in 2020 was beat cycle b.
Darren walker to do serving as president of the Ford Foundation and will be the 2020 stanford distinguished lecturer and given all of his extraordinary accomplishmentshou whoever introduces him has their work cut out for them. Born in louisiana one of the first children of the nation to benefit from the Headstart Program he went on to earn a scholarship at the university of texas austin where he would graduate with degrees in government, speech communication and lobby for pursuing a successful career as an attorneyyst and investment banker. For the past three decades, mr. Walker has been one of our nations for most philanthropic executives. s serving as chief operating officer as the Largest Development Corporation Vice president of the rockefeller foundation, cofounder and chair of thehe us Impact Investment alliance and for the past seven years as president of the Ford Foundation. He oversees an endowment of 13,000,000,000. 600 million of annual grant money. He is dedicated to tackli
Reflecting what is going on on andstreets of hong kong among chinas npc members. The s p down. 1 . Its been a pretty good week. Nymex crude Oil Futures Contract is down to finish the week. Under 33 a barrel. The dollar index is strengthening, a weaker euro, as well as canadian dollar. Lets get a deeper dive into todays Market Action standing by with taylor riggs. Taylor equities coming off the bottom we had seen earlier. Now you have the nasdaq and nasdaq 100 in the positive, resuming the leadership we had seen there. Only up about. 2 . Still notable that it turned positive. Meanwhile, all the other major averages looking at losses. You mentioned some of the trade tensions that are happening between the u. S. And china. There was a new security law that some are saying could take away a lot of rights from hong kong, as well, the u. S. Passing a bill in the senate that could delist Chinese Companies listed here in the u. S. If they dont follow accounting rules. U. S. And china stocks wo
Present and that could explain this what were seeing in the world over the past 1020 years and that is you have the 3 cities trap and we see that with this growing tension between the United States and china and the fact that we outsource all our jobs to china and the 3 cities trap is the tension that arises when a rise in power is about to usurp a declining power so we do see that around the world but at the same time just as like nobody the power whoever is the power the alpha super super imperial power they dont want to give up their power who wants to give up power right the same with on a generational scale were seeing so youre seeing what is called the 4th turning and this was written about back in 1901 they predicted actually in this theory that in the year 2020 that would be the year where it all adds together and they didnt even warn of this other bigger 4th turning coming with a 3 cities trap but here we have the generations e. And the end of the millennial displacing boomers
To the precious metal. And the notorious Wolf Of Wall Street takes us through the whole thing. Storm orlena strikes americas north east coast heavy snow, and high winds bring New York City to a near standstill. And updated and re published ladybirds nature Picture Books are backafter inspiring a generation of children in the 1950s and 60s. Good to have you with us. The United States has threatened to impose sanctions on myanmar, following a Military Coup in the country. President biden has urged an International Response to the power grab, and called it a direct assault on democracy. Those detained include the head of the largest party, Aung San Suu Kyi and other memebers of the civilian leadership. Troops are on the streets of the capital, naypyidaw, and the biggest city, yangon and a curfew has been put in place. Our special correspondent, fergal keane reports. An army reverting to autocratic type, swiftly and ruthlessly deposing a democratically elect the leader. Somewhere behind th