Now alan beattie provides information on world economies. Wax welcome to booktvs after words. Alan beattie, journalist and economist and historian as well. His ran a fascinating book, sort of covering everything to the current times. In the Economic Trends that have prevailed and taken hold. I think he finds quite a few things that are common with today and ancient Egypt Independent agent from. It is a fascinating book. The title of the book, false economy a surprising economic history of the world. That is the part that puzzles me the most. I thought i would ask you why did you write the book and what is the meaning of the title . The meeting of the title is pretty much because i think so much goes into the economy. And a lot of things are going on about human history. The most prominent one being that things that will happen and its inevitable where we are and is nowhere to go about it. Some countries are rich in summer for fear ais the way things are. Some are destined to be rich an
Substantial forces in europe. After world war ii we were prepared to fight in east asia and have fought before 1980 pretty substantial wars in asia one in korea and one in vietnam. We havent been fighting that we are prepared to fight in the islamic world since 1990 strikingly virtually every american soldier whos been killed in combat has been killed in that part of the world and i believe its something americans should be more attentive to what the geographical specificity. The numbers are on the screen if you want to chat with the retired army officer. For those in the mountain and pacific time zones we will get to those calls right away. Oil is always defined the race for the war on the greater middle east. Lution on is the iranian revolution that perceived to be a great threat to u. S. Interests in the region. The second events occurring in 1979 was the soviet invasion of afghanistan and the perception that washington is together those threatened our access to the persian gulf at
Well cover nafta, his relationship with trump and canada. Mark european equities are trading 30 minutes until the end of the session. If there are nerves ahead of the French Election, they are not showing and the currency and bond functions. Stocks are rising with betterthanexpected earnings from nestle and unilever. It currencies are rising against the dollar. Euro bes would the rising if investors were overly concerned about the response of the election . Ds are falling to the most ahead of sundays election. A lot can change in three days. Getting to some earnings, not as earlier it is the Worlds Largest publicly hedge trend faded manager. Quarter sincecond 2011. Investors of allocating capital its long only strategies and asset under management. 88rose to 88. 7 billion from point 9 billion. Hedge funds are recovering from a middling performance. Shares in that group are up by 4. 5 today. The 5250 index, this is the. Hread this is the spread the white line is a sterling. Sterling has
Theres a huge muslim fundamentalist population in pakistan and the reason that the pakistanis never said anything publicly about having them is when they told us, he came in, it could be earlier. The pakistanis kept them secretly because the public will go nuts. The public loved bin laden. 450 of the country saw him as a hero and so as long as they had bin laden they can privately tell alqaeda groups and both pakistan and afghanistan, we have your guy, pay more attention to us, keep us informed, they had more control. That was their argument, the second argument they made is explanation for keeping them is the saudis paid him a lot of money. The Saudi Arabian came from big construction family, not royal family but major constructionists in building and very wealthy and the assumption we make and i make is that nobody wanted an american Interrogation Team to talk to him. You can watch this and other programs online at booktv. Org. Book tvs Live Programming from the Miami Book Fair conti