A global trade unit of account in particular he pointed out that almost all cars at least where he lives in africa come from overseas like japan and theres a huge used car market where they ship the cars used cars from japan to africa and these people are paying for its with bitcoin right you know this is an example of an area of the world that was considered lagging but could leapfrog to the head of the class remember part of the reason china became such a huge economy is that they entered into the Global Economy during the age of mobile phones and there wasnt really you needed to build the infrastructure of the old copper wire base telephony same thing in india in africa because they are already mobile phone. Marianna oriented are dominated now with mobile payments and with bitcoin in Crypto Payments they are in a position to leapfrog the world and become the 1st hyper big quite as ation example and that would be an enormous if they could leave the world yeah of course for domestic p
International norms and this point might be coming about right now john thanks for your time beach on tell us ole from germanys the left party thank you thank you all right time for another slice of the colors report states here standing by to translate the business and markets lingo and make sense of whats not there to stay close. To what weve got to do is identify the threats that we have its crazy to confront a shouldnt let it be an arms race is on all sides very Dramatic Development only really im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Time acts as if this is to cause a report thats right weve entered a global depression still a longer recession forget the recession its the d. Were the pression this will last a few years you know so you know lets get into it stacy well endings are always always always new beginnings so its an opportunity to come up with new Companies New monetary systems new economic ideas and n
Were just taking a moment to watch the proceed next whole Supreme Court chambers inside the state capitol, as the authors make their way out of the room. [inaudible conversations] youre look outside at the statement capital the mississippi Book Philadelphia it underway today. This live coverage on cspan2s booktv. While we wait for the final author panel of the day from the mississippi book festival, well share you a portion of one of our true crime archival programs from 2009, jeff guinn details the lives and crimes of bonnie and clyde. In the case of bonnie and clyde and the legend thats green and been refurbished and reshaped, i theres two whys to be answered. The first is, why did two kids, from a terrible slum, who were among the most incompetent thieves that ever pulled a gun and said, stick yes, maam up who were the an antithesis of glamow why did they choose to embark on a life of crime that would bring them fleeting fame but had to inevitably end with their violent deaths. They
Way you are the one thing in my way good morning. Welcome to Worldwide Exchange on a friday. Im sara eisen that and im wilford frost. A new song called my way. 1 moves up for the major averages. The dow closing up almost 200 points. Were getting a tad bit back ahead of more economic data. Dow futures down 6. 5 points. Nasdaq down 12. 5. A choppy trading. The indices beatsing a twoday losing streak yesterday. App sl a big story. Well get to the chart of the week in just a moment, but apple up more than 12 this week alone. Its been a stung rise. Which has meant as well the tech sector, but theyre the performer of the week. S p 500 and the dow up 1 . Taken into positive territory. The nasdaq is up 2. 5 . Well see what happens today. As for the treasury note yield, a lot of hand wringing over higher yields but actually were at 167, which means they havent budged much from last week. Industrial production and retail sales notably coming in below expectations. This is all ahead of the big Fe
If you do, you need to take advantage of it. It is going to be absolutely beautiful today. Really, really nice. Sunshine and temperatures going to be above our average which is 63 for this time of year. Average low is 48. Notice in boston, were 52 right now but it is quite a bit cooler in the suburbs. As chilly as 38 in norwood right now. Notice worcester is 52. Weve got the mid 40s bedford to fitchburg. Nashua 46 degrees if youre heading out the door this morning. A little patch or two of fog especially out in the western half of the state. Not a big issue out there. You can see vis ibilityd around keene is running about a half a mile. Otherwise above any fog skies are clear. We are going to enjoy tons of sunshine today as High Pressure to our south gives us a mild southwesterly wind flow. So temperatures come up quickly this morning under lots of sunshine. Notice by 9 00 a. M. Were in the upper 50s, close to 60 degrees. By lunchtime, its close to 70. Well sneak up into the 70s this a