[inaudible conversations] good evening and welcome those newcomers and repeat offenders. If you look around you notice in impenetrable books are out there in the world. That being the case it is always refreshing to find one whose impact with the proportion to the length and have to and the Tipping Point is one of those books with from time to time a work appears that acts as a decongestant for the brain , one strong spray and the intellectual passages clear up even if they were blocked in the first place. Now we can grasp the things around us were always looking at and the effect on the reader can be rather intoxicating. Once again it is that kind of book to ask the kinds of questions a child might ask on the tip of the tongue the name on the brain and we find it hard to focus on not despite the obviousness why didnt anybody think of this before . And then what makes things catch on and take off and ideas and products fads and trends in fashion cultural phenomenon and you may find the
If you write a book about the collectivity of achievements i would give you a choice. I could do a short synopsis of my book or i can tell you a story. So a lot of the book is about culture and how that matters and by that i mean where we are from and ancestors make a difference of how we do our job and how good we are what we choose to do for a living as a whole second half of the book and sometimes a difficult thing to wrestle with. One of the examples i use in the book illustrates the point of how much culture matters. There is a whole chapter on plane crashes. But now i will warn you i will tell the whole chapter. And its also a good deal scarier. And then he will be flying in a plane in the next month . Im sorry to hear that. [laughter] so with this plane crash isnt scary because its unusual but scary because it is typical. So the plane it takes off from columbia january 25, 1990 bound for jfk airport in new york. Columbia is not that far from the United States. Just on the other
In the world corrupted you need to descend. To join us on the death. Or a mate in the shallows. As the us economy was booming growing numbers of people were made homeless. You can work 40 hours in a week and still not have enough to get housing everybody believes america still has the lead up to the reality of the years were not financially equality and the lack of Affordable Housing for a living minimum wage give many people no choice. Thats been a problem with the city knows turn a return call the stay way out almost. Half the food that there is no answer because yes that requires resources the most vulnerable are abandoned on the streets to become. Yes. This is the one business show you cant afford to miss im french born in washington. Following dismal numbers for u. S. Economic growth europe has followed suit taking a major hit as the go to 19 outbreak continues to weigh heavy plus as we discuss the impact of the pandemic on different sectors how are sports fairing we do a deep div
Concerning Economic Data out of europe the eurozone economy contracted by 3. 8 percent for the 1st quarter of 2020 this marks the biggest drop in g. D. P. For the 19 countries block since 1905 according to the European Statistics Office euro stat the e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march so you still have 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the bloc france the g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central by. Announced thursday it would keep Interest Rates where they are
The e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march of 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the block frances g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central bank announced thursday it would keep Interest Rates where they are at 0 but added they will continue stimulus measures until the economy stabilizes. And here in the United States new filing for unemployment reached 3840000 for the week ending the 24th of april now this brings the total number of claims over the last 6. 30000000