Is right up there with us. I am asked kaiser this is the kaiser report lets start off with a quote from our board einstein here who once said that compound interest is the 8th wonder of the world he who understands it earns it he who doesnt pays it this is a remarkable quote from my stein and it has so much to do with todays stock market volatility and the coronavirus all working at the same time and showing what compound interest is all about or what exponential. Algorithmic expediency is up yet stacey whats up max were thinking exponentially in this episode a kaiser report during the exponential spread of the pandemic coronavirus were looking at the 2nd half of the chessboard as it is called and i want might want to add that today is my birthday so turning one year older in the midst of exponential pandemic which is hitting the mortality rates go exponential as you get older is not fun to turn a year older in the middle of a pandemic but before we get into the exponential growth of t
A steep. In check out our t. Dot com for more news from around the globe because reporters next were here in Washington National and in the u. K. And ireland it is time for boom bust stay with us. I am asked kaiser this is the kaiser report lets start off with a quote from our einstein here who once said that compound interest is the 8th wonder of the world he who understands it earns it he who doesnt pays it this is a remarkable quote from my stein and it has so much to do with todays stock market volatility and the coronavirus all working at the same time and showing what compound interest is all about or what exponential. Algorithmic expediency is up yet stacy with a max were thinking exponentially in this episode a kaiser report during the exponential spread of the pandemic coronavirus were looking at the 2nd half of the chessboard as it is called and i want might want to add that today is my birthday so turning one year older in the midst of exponential pandemic which is hitting t
A remarkable quote from last time and it has so much to do with todays stock market volatility and the coronavirus all working at the same time and showing what compound interest is all about or what exponential. Algorithmic expediency is up yet stacey whats up max were thinking exponentially in this episode a kaiser report during the exponential spread of the pandemic coronavirus were looking at the 2nd half of the chessboard as it is called and i want might want to add that today is my birthday so turning one year older in the midst of exponential pandemic which is hitting the mortality rates go exponential as you get older is not fun to turn a year older in the middle of a pandemic but before we get into the exponential growth of the pandemic lets look at the results of the exponential growth in debt over the past few decades chis report of course has been reporting on this non stop for the past 10 years and i want to look at these 2 charge is the 30 year treasury and the price of o
Stories and uncover them in opinion form which is a rather large mandate. [laughter] in order to narrow the funnel i started looking through corporate figures and i saw from an amazing number of in terms of how the transition from the Financial Sector to the Technology Sector since the great financial crisis and one of the numbers that stuck out was a Mckinsey Global institute figure looking at how 80 of corporate wealth was being held in just 10 of firms and those are the firms that were richest in personal data and intellectual property so basically if you are trafficking in these things you are holding the majority of the worlds corporate wealth and the biggest of those firms were the ones that i profile in the book, facebook, apple, amazon, netflix a little bit and google. They make money, all of them, pretty differently but there is some overlap with facebook and google and Digital Advertising but look at apple and they mostly shunned advertising and look to sell their devices and
Caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2019] about 20 minutes left in this discussion. A reminder, you can find it online at cspan. Org wj. The house gaveling back in. We take you now to the floor. He house will resume proceedings on postponed questions at a later time. The hat purpose does gentleman from california seek recognition . Mr. Takano madam speaker, i suspend the house rules and pass h. R. 4920. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 4920, a bill to amentitle 38, United States an , to provide for exception to certain Small Business contracting equirements applicable to the department of Veterans Affairs procurement of certain goods and Services Covered under the Ability One Program, and for other purposes. The speaker pro tempe pursuant to the rule, the california, mr. Takano, and the gentleman from will each bost, control 20 minutes. The chair recognizes the gentleman