Information from dan is taking these new positions in the Second Quarter according to his quarterly letter in disney, amazon, alibaba. Well focus on disney first and foremost josh, i just got off phone with dan who told me the following about why they initiated this position he said theres no close second to disney when it comes to an entertainment company. He says they have slate of tent poll releases. We know the titles they have he said some of the commentary,s the narrative of how disney plus is being thought of in the context with netflix its not a winner take all environment. They have to take market he thinks is easily split between those two and some other players. He also, which was interesting as well likened disney to microsoft 7 or eight yea8 years. You have a time old business and youre able in some respects to reinvent yourself. Much as microsoft has done we know how well that stock has done lately. He seems a similar scenario for shares of disney josh, let me get your ta
Whole the paradigm that weve known since 1971 of the u. S. Dollar standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the u. S. Dollar but if this is over then this is over and its going to be a new start and i think that probably explains some of the actions out of the fat and out of the u. S. Treasury like steve mission was so benevolent such a good nice guy right here saying anybody who i got one of these p. P. P. Loans 4150000 or under basically just keep whatever who cut here cares what i got out of it you just take it i mean this sort of trashing of the dollar is an understanding by the elites by the guys who run the world who run the trade deals who who set global monetary and financial policy theyre saying its game over and we might as well just like to have a real good time while the you know in these last few weeks or months of this system oh right so. America the top 3 economies o
No we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is blue bus the one business show you cant afford to miss im bridgeboro in washington coming up beijing has responded to the United States efforts to force a sale of social media picked out what is required from china look like and we have expert analysis. On the controversial issue and the lockdown orders are going back into effect in some countries as the world attempts to limit the spread of covert 19 well take a global look at these new orders along with the spread of the virus the oil industry continues to struggle due to a lack of demand caused by the pandemic will break down the situation and what it will take for oil to make a comeback impact show today so let
Were tally ation might look like and the Chinese Ministry of Foreign Affairs characterized the move as unfair and purely political. So called National Security holds no water at all it is just looking for an excuse to the Relevant Company carried out Business Activities in the end us are going to market principles and International Union and abide by going to laws and regulations but the us has and whos to research in zion and suppressed unwarranted charges. And joining us now for a deep dive into this is boom bust cohosted investigative journalist ben swan and dean of the Miami Herbert Business School john quotes thank you both for joining us today now i know better i want to start here we talked about this monday and you were highly critical of this u. S. Decision to force the sale of tictac to a company like microsoft are you at all surprised by beijings response no not at all surprise i actually agree with beijing and i rarely do that but in this case i do agree with them because l
And since 2001 accepting them into the World Trade Organization was that they would just be happy with just the low skilled stuff and obviously that they dominate 5 g. In fact us doesnt have anything involved in it at all but they also have Artificial Intelligence and i dont know whats going on there but i think our department of defense understands that theres some sort of advancements and fight in an Artificial Intelligence out of china and this week we saw this headline that everybody on crypto twitter is talking about open ais g p t 3 may be the biggest thing since big quine open ai and nonprofit Artificial Intelligence Research Company backed by peter t. Ilan mosque raid hofmann marc benioff sam altman and others released this 3rd generation of language prediction model g p t 3 into the open source wild language models allow computers to produce random ish sentences. Of approximately the same length and grammatical structure as those and given body of text now the person who wrote