You can. Bur money for go burn you know. Max weve talked about the cantillon effect for the past few years here and thats when money printer anybody close to the money printer they get it 1st the oligarchs the cup the kratz the caca stock or c. They get the money 1st they get all the benefits of 0 percent Interest Rates and the further away from the bunny printer you go the more income bird with debt and grotesque nesting toxicity of all the fraud that went before it so were seeing this unfold around the world but i do want to make some notes about the set we have a palm tree now in the background because we are you know feeling like summer is coming on and that might be some sort of hope in the future about this cove in 1000 global lock down we have a fine as an investment handbook here that we will need in a few moments to explain negative. Rates are negative prices on options but i do want to also say hi to juan one tanya because our latin american audience our. Version of kaiser fo
Captions Copyright National cable satellite corp. 2008 for years now, its been assumed that americas destiny was to be overtaken by china as the Worlds Largest economy, and that may still happen, but actually its chinas economy that now seems under pressure in the face of robust american efforts to stop china taking advantage of the free trade that it never practices itself. The people who know china best, the rich china, cant wait to get their money out and their kids educated in the west and the people of hong kong who are risking bloody repression of support of their British Heritage dont trust the goodwill or longevity of the communist regime. For years its been assumed that globalization under pinned by free trade was unstoppable and unambiguously good. Even though it was much more obviously good for the rich people of poor countries than for the poor people of rich ones. Yet trumps tariff hikes against china seem to be bringing more investment dollars home, boosting American Manu
Minds. Lets turn it over to you, tony, and get it started. [applause] abbott walter, thank you. Thank you, ladies and gentlemen for being here. It is always good to be in washington and at the Heritage Foundation in particular. I have a speech which i am going to deliver. I have worked on it. I think it is important that i give you the speech i have written. Thate just begin by saying america is the indispensable country, the only country on earth with the strength and the consistently beat the free world. I like to think that australia is americas indispensable partner. The one country that america can always rely on for help when America Needs it. So with those introductory notes, it is straight to the Heritage Foundation. Back in november of 2014 when australia hosted the annual meeting of the g20, it was by far the most important gathering of leaders ever held in my country. It should have been a diplomatic triumph, but for president obama choosing at that time to give a speech at
Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerstalk. Two points about that. One, it is going to be brief. Well only have probably t
Im the executive director of the American Academy of political and social science. Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerst