A saturday night so it was that full manhattan is that full right now so there has been kind of a reset that has happened since the financial crisis of 2008 to 20091 of the things we covered at that time extensively was the greek financial crisis because here we saw the troika enter and impose mass austerity measures and they still by the way have austerity measures out until the i can see that they have to run a primary surplus for example of 3 percent of g. D. P. Which is on heard of in almost all nations theyre maintaining that at the moment but heres a story that is remarkable in light of the fact that consumers are shopping like crazy racking up debt like crazy like they actually have jobs that are paying them great incomes heres the same post financial crash from greece one of the most ridiculous charts and financial history greece got paid by investors. For issuing debt they sold 3 month debt at record low minus 0. 02 percent and heres your chart of the 3 month yields on greek d
Of the worst arrests seen in 3 decades thousands of people still demonstrating a week after the protests began over an increase and so both those at least 15 people have died during days of rioting. I. Protest as a metro stations Record Stores and. Police responded with bright given to us chiles president has now expanded the state of emergency beyond the comfort of chiles reach and emergency decree which some even the military. Which brought up to date the latest. Max guys are this is the kaiser report occasionally need to reset everything needs to be reset or waiting for a global reset and even in financial reset we just need to. Say well lets reset this episode of kaiser report. Started again now were actually going to start here again this is a new york city where a kaiser reports we have been here for a few days and i do i do want to say that despite many of the headlines talking about oh possibly on the edge of a recession and i see this over and over on twitter many headlines fr
Guys are this is that guys are a part occasionally need to reset everything needs to be reset or waiting for a global reset and even intellectual reset we just need to. Reset. Well lets reset this episode of kaiser report. Started again now were actually going to start here again this is a new york city where a kaiser reports we have been here for a few days and i do i do want to say that despite many of the headlines talking about oh possibly on the edge of a recession i see this over and over on twitter many headlines from the Financial News from all sorts of commentators saying that were on the verge of a recession and certainly you could say that perhaps germany and europe might be but if youre Walking Around manhattan and your old in times square area or bryant park what youll notice is that there is a huge amount of shopping here and a lot of i mean its way more than last year for example it seems like more boom time right now and consumers spending more money that they dont have
S p up s p up and the dow indicated up look at what happened overnight in asia. The nikkei opened up in europe where there is active trading, youll see green ar owes across the board. The ftse was up more than half a percent. Youll see at least the 10year is yielding 1. 8 big news, weworks board now weighing two competing Financial Rescue offers. Expected to accept an offer from softbank to take a controlling stake in the company the decision could come as err will early as today the are rescue package from sofk to buy up to 3 billion in shares held by other investors they would also put together 5 billion in loans sources say theyll pay the founder adam neumann up hundreds of millions to leave you are paying him twice. Hes the only one who has made money on this deal. Meanwhile, theyll begin layoffs almost immediately of almost 2,000 people. One of the reasons they delayed the layoffs is they couldnt afford the severance youll wait here for adam neumann to go home im told that will ke
In later tonight, former fbi agent Josh Campbell shares his thoughts on the fbi under president trump. That starts now. Check your Program Guide for more information. Here is author mary gray on labor and big tech. Welcome everybody. Thank you, thank you for coming. Im glad to see you all here. My name is a faculty member in the Economics Department and one of the cochairs of the mit work of the future task force that was commissioned by rafael wright, a year ago spring. The purpose of the task forces to engage and confront the sense that many have that the labor Market Technology is changing rapidly to understands why people are anxious, to figure out how concerned they should be, what is changing, what is different this time and what can we do to ensure that the coming era of change leads to not just productivity growth but to some degree of shared prosperity in our focus is on the labor market, on how we make the labor market function well for as many workers as possible, that is wh