a roller coaster of late the future of the jewel currencies since the late with its underlying technology blocked and in the russian capital one business man is seizing the cryptocurrency momentum after turning a form of thought we had car factory into a mining phone francis santiago explains. welcome to my digital digest everything exciting in the world of watching i mean your practice and thiago this is parties could tell you soviet side technology may just be what the world needs for a global revolution in mining we're about to speak to the founder of the russian mining company and see what the multi-cell mind is all about big news from moscow as the russian mining company cone by. one of president vladimir putin's internet plan to raise as much as one hundred million dollars in bitcoin and a theory i'm. for their i c.e.o. the result was only forty three million but it was more than needed to go on with the production of the maltese cell miner see with mining it's simple a machine takes part in every day crypto currency exchange operations and gains the owner eighty percent shands action the latest chinese get main mining machine at twenty three hundred dollars will produce to around twenty five dollars more from bitcoin daily r m c s two miners in the works a sixteen hundred dollars sunrise bitcoin miner that has more mining power than vic mains machine that's producing thirty to forty percent more daily revenue and the multi-cell alternative koin miner it will be a breakthrough for the world's mining machinery. of themselves and get the latest on the progress so you had a tough launch some deadlines were on but everyone is eager to see the miner what's the progress so far the progress is good the sunrise mine is ready and as we speak we've been getting mass production at our factory all the multi-cell should be ready by august twenty eighth multi-cell is a microprocessor which routes deep into the soviet past when the multi-celled processing philosophy was created it was used in space communication and it is still used what it is is basically a ciphering technology for communication channels using minimal energy consumption and at the same time being extremely failsafe over the last several cells that allow the processor to keep working even if one or two cells have malfunctioned they don't get the most of it or the experience that when we did the mathematical equations of experiments the results were sounding as they were radically better and higher than for example the usual alternative point of mining through video cuts by our calculations one multi-celled will produce up to four thousand dollars in revenue a day and that's where we got the idea to do an i.c.a.o. for the production of such unique products what's your take on the future of crypto in russia i think the russian government overall sees cryptocurrency as something positive. that have yet to be established steps are being taken to govern crypto currency but overall the drift i'm getting is that even with future laws in place russia will be a very habitable country for crypto currency it is really mind boggling a machine that will produce four thousand dollars a day is that even possible well let's wait and see you can watch the full episode of our tease told him on our you tube channel stay tuned. meanwhile the canadian based entrepreneur is going green by finding an alternative use the cryptocurrency mining he's recycling the hate generated through bitcoin mining for agricultural use the waste heat generated from the one hundred bitcoin mining computers is being recycled to grow crops and maintain fish tank temperature is currently around the eight hundred arctic char are held in the warehouse the founder of the food technology firm explains how recycling waste heat can bring economic benefits to local communities. recycling that waste heat from data centers or bitcoin miners that's going to have a huge economic impact your wallet whether it's from strawberries or even nutraceuticals from growing very specific plants and their environmental conditions the benefit is going to be felt by everyone what we do know is that the little economy has a huge ecological footprint whether you're searching on amazon or on facebook even doing a google search that's going to driving a car fifty kilometers that's a big carbon footprint now if you can take that waste and then convert it into facilities where we're growing food in that food addresses real humanitarian needs like food security and being able to have fresh produce throughout the year we might have a shot so it's a common debate is heating up in the u.s. over what to do with the children of illegal immigrants that after the break. when more make manufacture consent to public wealth. when the ruling classes protect themselves. with the famous. be the one percent. we can all middle of the room see. the currency market itself is still on track to eclipse the global banking all garble e which is what we need what we want and i've always said it's a bank starkiller that's the primary use of big point of a. comeback the countdown is well underway for russia's presidential election in march the incumbent flood may putin is running for what would be his fourth term two parties the right wing l d p r and the more liberal leaning yabloko fielding the same candidates as before fled to measure not ski unscrewed gore yavlinsky there are also some new faces russia's communist party is now represented by dana known as the strawberry king thanks to his collective farms and there's an x. t.v. host seven years thought jack who says that a vote for her is a vote against everyone artie's oksana boyko sat down with her. i want to show people russia that there is another point of view this is the goal of my compay i know you can't win on the elections where only putin always wins but in himself on many occasions that russia needs more competition both political but he never gives if. you know all the facts you are so so out of your here for eighty years i'm just a little blonde girl you know coming from going to shows and how to balance with me . i've never said that a president should be you know one field expert. of the only good way for us is along the way i know that many people want to foster change but change only happens as a revolution i am against. i want to educate people i want to bring them truth and i want together all their problems to make them federal it's the same old russian paternalism waiting for the officials to fix the problem don't you think that you are essentially playing the very same kremlin tactic no i'm not i am the change people want to see. in northwestern iraq a u.s. led coalition as strike has reportedly hit civilians and local police instead of terrorists the incident took place on sunday reports suggest at least eight people were killed and twenty injured here's what eyewitnesses said. he had to say ok when we write by car to find people killed or wounded the officer carried a wounded woman and laid her down in the car after that the same car was hit by a missile they were killed fifteen seconds later they opened fire on the people and their houses with a machine gun shortly after this a missile hit a police car and offices were killed. iraqi officials confirmed they called for a u.s. led as strike but insisted it was to target a terrorist cell the u.s. military command also says that that is how things unfolded but said an investigation is now underway. iraqi security forces conducted a raid and apprehended a high value dash leader during extraction of the dash later a dash member reportedly initiated an exchange of ground fire and iraqi leaders called for coalition air support several people were killed and wounded during the exchange and the incident is under investigation by iraqi and coalition officials the coalition operates by permission and in direct coordination with the government of iraq and its security forces. the head of the iraqi security and defense committee called on the government to adopt measures to restrain the u.s. led coalition's actions in iraq. and the us now the debate over what to do with the children of illegal immigrants who grew up in a country known as dreamers is raging an article in the new york times triggered a backlash for proposing a compromise between liberals and the trumpet ministration over the issue the author of the piece adjusted trends senior policy adviser steven miller should be included in negotiations about immigration as he represents the views of a wide spectrum of society miller is an advocate of increased restrictions on immigration it prompted people to take to twitter branding the new york times a white supremacist paper this attempt by i am a sahm to normalise this regime grabs politicians fascism and nazis is insane and must be stopped still furious at the new york times for normalising white supremacist steven miller new york times do you have any distance you left i guess printing this mash notes to a white supremacist on hole course memorial day is the answer to that question shame on you profound and utter shame on you. new york times is now a white supremacist paper the multiple knots above this is constant broad trompe are and praise for me long today of all days is not exceptional john griffin a conservative commentator in texas believe it's difficult believe this difficult to reach a compromise when both the far right and the far left are dictating terms. you have bad eggs in each administration i don't think steve miller is a bad egg i think he's gotten an unfair rap like many of the members of the tribe of ministration because of how intensely the radical left hate trump and how intensely the far right are determined to defend anything and everything about this administration there is a core sense of what it means to be an american rights for workers low unemployment in respect of the individuals all these things go out the window on the extreme left and on the extreme right when we allow those two poles to dictate the discussion and that's what's happening on immigration and we can go a different direction if we'd only choose. to make much anticipation from football fans the english club at leeds united unveiled its new badge only to receive lots of criticism the club quickly caved in and is now letting supporters choose a different design and a public vote. will be back at the top of the hour see above. all to see we have a great team but we need to strengthen before the free float world cold and your bets have been a legend to keep it so it's at the back. in one thousand nine hundred two that must qualify for the european championships at the very last moment no one believed in us but we won and i'm hoping to bring some of that waiting spirit to the aussie theme. recently i've had a lot of practice so i can guarantee you that peter schmeichel will be on the best fall since my last world cup action and that starts or three. thousand old joke i was only kidding here i called russia. i fly strike. left. left more or less ok stop that's really good. to see kentucky. places you were going to. a co money city it was almost no co mines left. the jobs are gone the coal mines are said. that it was a lot of these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happening it's happened. this is boom bust broadcasting around the world from washington d.c. i'm bart chilton. and coming up we cover president trump's first formal state of the union speech as nicholas o'donovan considers the president's year one economic report card and we discuss economic measurements like consumer confidence and markets with financial author jeffrey small plush ashley banks talks with c.e.o. of peak prosperity chris martenson about what he calls the everything's bubble and before we go away and with my take on what i hope the president will say and how you might say it all that's coming up but first let's hit some business and financial headlines. amazon bircher halfway and j.p. morgan are partnering to create a new separate health care company to serve their employees they also say the effort will focus on the long term and will be quote free from profit making incentives and constraints analysts suggest that a high powered partnership could change the health care market amazon is the world's largest retailer and j.p. morgan chase has the most assets of any u.s. bank but the new company also faces a steep learning curve as they venture into the health care arena amazon c.e.o. jeff bezos acknowledged the challenge in his statement on the initiative saying the health care system is complex and we enter into this challenge open eyed about the degree of difficulty shares of some health care insurance stocks fell on the news. twenty seven european union ministered voted on monday to approve conditions for further brecht's it talks that state britain will not have a role in e.u. decision making once it leaves the union or during the transition period planned to begin in march of twenty nineteen the e.u. ministers also said that britain will be subject to e.u. laws including any new laws during the transition and for two years after that u.k. brecht secretary david davis played down the announcement and claimed that britain will have the right to negotiate a pact with third parties during the transition but the e.u. is lead negotiator michel barnier says the twenty the twenty seven other members must unanimously approved any such agreements u.k. prime minister theresa may faces rising discord within her conservative party as pro and anti breck's that factions jostle for influence and rival rival maneuvers that to succeed may as the leader of. the federal reserve's open market committee begins two days of meetings today it's the last f.o. and. the meeting run by outgoing chair janet yellen who is completing her four year term sell the reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate has confirmed him to be the new chair there are a lot of questions about what it will take not only now but this year and going forward by the federal reserve regard to the economy plus other central barks are charting their own course while they stick to their plans admits some signs that an economic correction is on the horizon we'll get into it all the more with danielle de martino booth as the f o m c wraps up. and it has been just over a year into the trumpet ministration time now for an economic report card look at year one here with a closer look at our team's nicholas o'donovan. donald trump came into office under the promise of puts in america first on every front and obviously the economy was and still is an important part of that message and we're going to start spending here we're going to start spending. and with that being said we're going to protect our country over the past year the stock market has boomed g.d.p. growth has improved and unemployment is at an almost seventeen year low good numbers that allow trump to be optimistic we're hearing numbers that nobody thought possible certainly not in this time and the numbers going up are going to me much better than anybody anticipated in fact they're going to say that trump is the opposite of an exaggerator if we take a look at the markets the dow jones has set record highs seventy times rise in five thousand points in a year for the first time in history and corporate tax cuts have been met with enthusiasm by the us business and financial sectors with low unemployment good paying jobs in our priority and although donald trump inherited an economy that was already on a good trajectory wage growth was actually less than what we saw in twenty sixteen despite his protectionist message more than ninety three thousand jobs were eliminated due to foreign competition since trump's election that's according to a study by the labor hershon good jobs nation these numbers are more or less in line with what we've seen in the previous five years then there's the international trade deals of the trade deals. i get a headache thinking about who made these deals another big issue has been company outsourcing trump now it has often used his populist rhetoric to make sure that his protests. actionis message came across we will never let the bad things happen with respect to the economy of our country we're not going to lose our businesses again like has happened over the last number of decades america is coming back bigger and better and stronger than ever before trump scored an early victory on this front when he announced that a major carrier plant would stay in the u.s. instead of moving down to mexico but the truth is that a year later kariya has already eliminated hundreds of jobs and is still out source into mexico ford also announced that production for one of its new models is be moved out of kentucky and will be go into exist in plants in china but donald trump's tax plan may start having an impact on wage growth companies such as starbucks wal-mart or apple could use that tax saving money to boost salaries in all donald trump has completed his first year in office with a better school card than predicted by many and consumer confidence is highest levels in seventeen years the question now is if trump's reforms will have a long term positive impact on the majority of americans nicholas o'donovan. we've seen consumer borrowing rise to some of the highest monthly gains in sixteen years due to increased consumer confidence in the economy with borrowing levels rising to nearly thirty billion dollars just last november it's still just been a month into the new year but are we on track to see a continued increase in borrowing levels and consumer confidence let's ask jeffrey small the president of arbor financial and art author of turning financial planning right side up geoffrey thank you for being here household credit has hit a peak of thirteen trillion dollars what do you make of all that and it's good creating debt and probably defaults right well there's no doubt defaults are rising in auto loans and credit cards but also to come besides the household debt rising thirteen trillion it's because of net worth of the average household or close to ninety seven trillion nationally here in the united states so when people feel good about their wealth they borrow more and do they borrow more when they see the stock market going up thinking that that if those guys on wall street are so smart maybe i was ok if i spend money well there's no doubt consumer confidence is an all time high small business confidence is an all time high investor optimism is an all time high and when things are picking people feel good from wall street to main street and we reported on this program jeffrey yesterday about the savings rate being the lowest point since december of two thousand and seven does that worry you you know it really does i'd love to see an incentive legislatively where we start to give an incentive to folks to start saving more because we have a major retirement gap from the folks that are in generation x. and in the millennial space so which which areas what do you have specific stocks that you think we should be looking at what areas for the millennial than others do you think they should be looking at for investment opportunities. well other than the obvious like the thing stocks facebook amazon that flex and google were and i want an expanding economy and a rising interest rate environment so the stock market dynamic is getting ready to significantly change even with the tax cuts so i'd be leaning more towards financials banks and insurance companies that apparently do much better in a rising rate environment and where are you on digital currencies jeffrey. and there's you know currencies you know i like the block chain technology i'm not a fan of bitcoin until we see the f.c.c. actually decide to start regulating the cryptocurrency side of the equation i'm not a big fan i see there's a bubble just like everybody else does now you know there's news and we're going to talk about it a little bit more on this program tomorrow there was another big loss at a crypto currency exchange in in japan last friday and they don't know if the money is going to be there to cover it so i also share your pessimism at some points on you know what's going on here it needs to be regulated i think although there's a future let me ask you about president trump is obviously going to talk about the all the economic records and the the stock market highs and talk about we've got this great economy right now but just today we saw the dow drop when we went to air jeffrey three hundred twenty three points it dropped a hundred seventy seven yesterday that's the first two day triple digit loss in a year and today is the s. and p's worst one day fall in five months is this just normal market ups and downs given we've had this larned record of a record highs jeffrey or is there something more to it while bartlett and there's not much more to it we've had fourteen straight months of record stock market growth that's never happened in one hundred forty seven years without at least one bad month or one negative month so we were really due for a pullback there's some profit taking bond yields are rising there's pressure on health care there's a number of reasons for pulling back but valuations are a little high right now and i agree with you you're certainly an expert and i'm not although three hundred twenty three was a little higher than i had hoped for the second day but i think the overall thrust absolutely markets go up they go down you can't just a one direction going up up up it's going to take a down jeffrey you know we're going to talk a while. back on the government shutdown it ended up just being three days and two of those were on the weekend but we're going to be headed towards one again in a couple of weeks here that congress has just kicked the can down the road on another government shutdown so how do you look at those the economic impact of a shutdown well the economic impact going back to the seventy's on government shutdowns mostly is benign on the markets we actually see the markets grow you know wall street and main street have a lot more common sense than the politicians and the politicians need to realize that we need to have some border security and we need to do whatever that means for our country's economic sake and the secure our people american people should come first and what about the market impact of a potential government shutdown in a couple of weeks if congress and the president don't come to some agreement on that border wall and those daca dreamers jeffrey well i don't think it's going to affect the stock market to be honest with you it has in the past we've actually seen the market rise it could hurt the economy longer term though if we see the shutdown go on forever but then of course there's political consequences and i don't believe that either party wants to take that road now i think they i think you're right on that jeffrey thank you so much for being with us sure appreciate it hope you'll come back jeffrey small president of arbor financial and the author of turning financial planning right side up thanks for your time thank you. time now for a quick pause for the promotional cause but stay with us because when we return ashley banks talks with peak prosperity c.e.o. chris mortensen about what he calls the everything bubble plus before we go i'll give you my two cents maybe a nickel on what president trump should do at his state of the union speech and as we hit the break here are those numbers again two days in a row down triple digits on the dow the numbers the closing bell right in front of you. when you don't. see the. what did they call it to. what they knew not through only ten suspects. let alone they. said. no servant is messy that. you speak french. then send them all to new.

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