Collect personal d. N. A. And french president of manual mcallen goes back to beirut to tell lebanese politicians to reform within 3 months or face punitive measures from crowds he also offers to host a 2nd aid conference for the stricken nation. Plus. A valve always choose that spot for how much longer as belgians go back to school and for their suffering from corona 15 well find out why so many no longer stick to 10 democrats directions. Im sorry kelly welcome to the program u. S. President donald trump is expected later in the u. S. City of could no show wisconsin despite pleas from regional leaders to stay away. You know she has been the scene of anti racism protests some of that violence following the shooting by police of a black resident jacob lake last month jobs visit comes as tensions rise in a number of cities including portland in the west coast state of oregon. Another nights and another protest in Portland Oregon leftwing antiracism demonstrators have been taking to the s
To the list. The head doctor for navalny says hes still unstable to move but says he needs to be evacuated for treatment abroad joe biden vows to restore the soul of america. In his closing speech of the Democratic Convention says President Trump has failed in his most basic duties in the nation the president keeps telling us the virus is going to disappear. He keeps waiting for a miracle i have news for him, no miracle is coming. Welcome back lets continue our focus on the pmi data the headline of the eurozone pmi. The economic recovery stuttered in the eurozone through august on the back of the pmi data. The flash composite down to 51. 6 from the reading of 54. 9 anything above 50 is still an skpengs but does express slowing. The new index dropped should be slightly concerning, i think as we continue to look for strong evidence the manufacturing pmi, 51. 7 from 51. 8 again, on these services, not as robust the ceo and chief Market Strategist at long view economics. Can i get your ini
Questioning its safety and whether or not it will actually bypass Central Banks well for more on this were joined by political host ben so on and christiane i ben lets start with you because this is something that weve talked about multiple times on this show that the fed will soon attempt to create its own Digital Currency now i think its fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular Bank Accounts well essentially thats probably what would happen i guess thats what theyre trying to get in my teeth to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats ridiculous termino
The United States and good luck to them right now when you watch whats happening with big coing now on the rise again headed back towards 12000. 00 and probably from there so i think its going to be an interesting kind of process to watch this happen but theres a 2 to 3 years thats an eternity in the lifespan of Digital Currency that gives a bit quaint a chance to go even higher but kristie you 2 have been very critical of this idea as government backed Digital Currencies are not the same thing as crypto currencies are you weary of this move by the. Extremely this is very very concerning because the entire point of crypto currency was to have Financial Freedom and bypassed the central bank as a whole so now its c. B. C. s us centrally or something going to counter the exact same problems that we currently have with the us youre going to be subject to the manipulations by the central bank whether or not they want to tighten or loosen their Monetary Policy theyre going to be subject to a
Fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular bank accounts. Well essentially thats probably what would happen i guess thats what theyre trying to get in my tea to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats a ridiculous terminology the reality is the fed knows that its way behind the rest of the world in this way behind the cryptocurrency boom that has taken place since 2013 with the advent of big going and then moving forward from there and so theyre trying to catch up now while pretending what were checking safety were checking security no theyre not what they