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Transcripts For FBC Varney Company 20240713

To war. The nightmare stage of trumps rule is here, says michelle gold berg in the New York Times and paul krugman simply calls our president a bully. Democrats lining up to attack the president , Bernie Sanders says hes like putin. Assassinating dissonance. Meanwhile, theres real chaos, where hundreds of thousands on the streets for the funeral procession of Qassem Soleimani and then a stampede. Iranian state news media says more than 30 are dead. Overall this is a morning of confrontation, war talk threats and military preparations and as for the market, a shrug. Monday the dow made a 200point uturn and actually closed higher. This morning were looking at futures, minor loss for the dow and the s p, a 10point gain maybe for the nasdac at the opening bell but look at oil, another shrug on that market after the Soleimani Killing the price of oil moved to 63 64 a barrel today its back to 62 and the price of gas, Holding Steady the National Average still right there at 2. 58 per gallon.

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Transcripts For RT Worlds Apart 20240714

Has to consider a much broader impact what happens to society as factories move about what happens to the Public Health sector whether there is an Opioid Crisis do you think industrial democracies have managed globalization in their prosocial rather than corporate ways. They have not understood that the rules of the game have to be changed and we are still. Living with historical legacy stuff industrialization because if you look at the Social Security systems Education Systems most of the most a legal frameworks in the investment world all of them are designed for industrial face of technology and now were moving ahead and i think the problem is that our concepts are lacking behind what youre saying is that the government didnt do enough to create new jobs to compensate the schools to make sure that people are not taking drugs rather than you know taking measures to make sure that industrial capacity is kept where there is good tech and so typically explanation is that market is going

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Transcripts For RT Worlds Apart 20240714

Happens to the Public Health sector whether there is an Opioid Crisis do you think industrial democracies have managed globalisation in their prosocial rather than corporate ways. They have not understood that the rules of the game have to be changed and we are still. Living with historical legacy so if industrialization because if you look at the Social Security systems Education Systems most of the most a legal frameworks in the investment world all of them are designed for industrial face of watching and now we are moving ahead and i think the problem is that our concepts are lacking behind what youre saying is that the government didnt do enough to create new jobs to compensate the schools to make sure that people are not taking drugs rather than you know taking measures to make sure that industrial capacity is kept where those goods are consumed typically explanation is that market is going to be a liberal democracies have failed to solve problems that they created i think its onl

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Transcripts For RT Worlds Apart 20240714

Good moving around and all the garbage being moved back miracleman to that. No soviet union it had huge environmental problems in spite of the fact that it was completely disintegrated from the only system as something to be used you know what im trying to explain that its its really quite often we are putting globalization hat on everything globalization has to play but to take logical factors are much more fundamental and you cannot save jobs when radical change is going on but you can create jobs and thats the problem they have not been able to create a and theyre not argue with that but im asking you why is it such a bad idea to think about localizing both production and consumption because that would take care of many things including environmental things that everybody so worried about trying to explain that they cant use have rules when horses were compensated by. Tractors it led to 2 totally different kind of Production System the same with globalization we have seen now this t

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Transcripts For RT Worlds Apart 20240714

But im not sure we are quite in the same stage when such a major fact but lets look at it from the other perspective globalization relies heavily and encourages over consumption and thats also a fact that has a major Environmental Impact that Environmental Impact is compounded by all the goods moving around and all the garbage being moved back may or comment on that. You know soviet union it had huge environmental problems in spite of the fact that it was completely disintegrated from the only system and something to be you know what im trying to explain that its its really quite often we are putting globalization hat on everything globalization has to play but to take a logical factors are much more fundamental and you cannot save jobs when radical change is going on but you can create jobs and thats the proper. They have not been able to create a and then others argue with that but im asking you why is it such a bad idea to think about localizing both production and consumption becau

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