Heavily in the new west coast talk breaks down the prospects for an economic recovery. Hello and welcome across top were all beings are considered im Peter Lavelle as the culture war consumes american politics during this election cycle the economy remains in a big area state millions of people live on the margins the only constant for them is insecurity economists debate and eventually recovery they speak of you of the end you know but is the reality a k. A recovery a permanent underclass. To discuss this and more im joined by my guest Richard Wolffe in new york he is Professor Emeritus of economics at the university of massachusetts amherst as well as author of the recent books understanding socialism and understanding marxism and in west cork we cross to peter schiff he is chief global strategist at europe a civic Asset Management right gentlemen crosswalk rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new york richard you know l
As author of the recent books understanding socialism and understanding marxism and in west for we cross to peter schiff he is chief global strategist at europe a civic Asset Management right gentlemen crosswalk rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new york richard you know when you looking at the news about the economy looking at a lot of macro numbers and sometimes i think its very quite confusing and where the economy is going particularly when we look at unemployment permanent unemployment and jobs that are permanently lost here but the more i look at it and you gentlemen are preeminent experts here i dont i dont really think its that you are an l. Im really quite taken with this k. A recovery the rich got richer and the poor got or is that an oversimplification richard go ahead not at all i think weve already seen that now quote quite some time that lee. East to north 3 on 4 decades of growing inequality both of wealt
Operations. Good morning from russia just turned 11 am here my name is kevin knowing that arties world knew center with the latest 30 minute round up for you because stay with me to take you through the news today then starting with not great news france has set a new daily Record Record for covered with more than 16000 cases registered in the last 24 hours or wednesday the french government announced the new measures to try to contain the spread of the virus Health Authorities have set up graded danger levels to try to cover alert reinforced alert and maximum alert zones areas with more than 150. 00 cases per 100000 people as shown in red while the worst hit areas with more than 250. 00 cases per 100000 dark red and face the strictest measures but Business Owners a few. Many have taken to the streets in paris warning they simply wont survive fresh closures bars and restaurants have already been ordered to shutter must say why. The red zones in paris are Opening Hours from next week be
As author of the recent books understanding socialism and understanding marxism and in westport we cross to peter schiff he is chief global strategist at europe a civic Asset Management right gentlemen crossed up rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new york richard you know looking at the news about the economy looking at a lot of macro numbers and sometimes i think its very quite confusing and where the economy is going particularly when we look at unemployment permanent unemployment and jobs that are permanently lost here but the more i look at it and you gentlemen are preeminent experts here i dont i dont really think its that you are an l. Im really quite taken with this k. A recovery the rich got richer and the poor got or is that an oversimplification richard go ahead not at all i think weve already seen that now quote quite some time that. East to north 3 on 4 decades of growing inequality both of wealth and income
Hello and welcome to cross talk were all things are considered im Peter Lavelle as a culture war consumes american politics during this election cycle the economy remains in a big area state millions of people live on the margins the only constant for them is insecurity economists debate and eventually recovery they speak of a u. Of the end of now but is the reality a k a recovery a permanent underclass. To discuss this and more im joined by my guest Richard Wolffe in new york he is Professor Emeritus of economics at the university of massachusetts amherst as well as author of the recent books understanding socialism and understanding marxism and in westport we cross to peter schiff he is chief global strategist at europe a civic Asset Management right gentlemen crosswalk rules in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new york richard you know looking at the news about the economy looking at a lot of macro numbers and sometimes i th