To lou and welcome to crossfire all Things Considered im Peter Lavelle at this point no one knows when the cold crisis will abate however it is undeniable that this Health Crisis has negatively impacted the economy what does it mean to return to normal is that even possible now and will the divide separating the rich from the poor can. Discuss the economy and more im joined by my guest peter early grave very. Can he is an economist at the American Institute for Economic Research in miami and we have made rezko he is seen as chief investment strategist and we also have Eric Townsend he is host of the macro voices podcast gentlemen crossed the rules in effect that means you can jump in anytime you want and i was appreciated ok lets go 1st to peter you know in looking at the very the. The broadest picture of whats going on in the economy right now i think we all have to be very honest with ourselves that the election cycle influenced people how they look at the economy how bad it is or ho
Big news out of the United Nations, nikki haley announcing a cut in next years budget after the un voted to call for donald trump to withdraw his plans Israeli Embassy to jerusalem. Varney and company starts right now. Charles lets look at futures, under pressure all morning, fractionally better. Lets bring in zach hour. Everybody wants to know 205k in 2017. In 2017, i dont see why not, certainly lets call it by valentines day a couple points, next year will be a strong year for the stock market, the first half of next year especially. I am worried about a blow off topic for the market sometime next year but that is all the more reason. Charles you could argue this year, last year, the year before, pretty long market, people are calling for it. Prices are not crazy, prices are okay, we are introducing new money into this economy with conditions tight. What i worry about is a faster rise in Interest Rate than we expect giving more competition. The cd rates, why am i taking this risk in
Entire population they could match that distribution a fair money from the fed using crypto coins and visa v. The Social Security account yeah i mean and one problem of course is you dont want just one air drop like a roar queen try try because there oh it is the soviet problem because when the soviet union collapsed they did give basically the equivalent of what an air drop was that every citizen got some sort of cut of the assets of the nation and it turned out that the oligarchs went around door to door knocking and and collecting them all and bought them for cheap and then became the controllers of the assets if you want a dividend that keeps on coming in absolutely we can solve this stacey right after the break well have it all figured out dont go away. Elliston is Getting International recognition with the help of israel at least in the world of zoos remember wolf it was dismissive to do it like you know that this isnt my cup of tea is something going on local study hall meetings
Subsidization of free money from the fed why vest on shared equally amongst the entire population they can match that distribution of fair money from the fed using crypto coins the visa v the Social Security count yeah i mean and one problem of course is you dont want just one air drop like a roar queen try triflin because theyre all is the soviet problem because when the soviet union collapsed they did give basically the equivalent of what an air drop was that every citizen got some sort of cut of the assets of the nation and it turned out that the oligarchs went around door to door knocking and and collecting them all and bought them for cheap and then became the controllers of the assets if you want a dividend that keeps on coming in absolutely we can solve this stacey right after the break well have it all figured out dont go away. What politicians do something to. Put themselves on the lawn. They get accepted or rejected. So when you want to be president for injury or somehow want
I am an astrologer this is the welcome is done once again to get into the nitty gritty the fun and betty they ultimately expression oh what station i have a confession to make we are actually in mexico right now oh my god thats true we are in mexico for this a toshi round table and we every prerecorded this so were at the situation round table talking about big plane with our fellow bit coiners and im pretty quoting this so just in case the price has crashed zero or the price has gone to fifty thousand we dont know at the point that were recording this but i do want to talk about the general headline here regarding that coin and it reads nobody puts bitcoin in the corner this is from f. T. Alphaville skate im super. And hes written for queen desk and queen telegraph and all these sorts on line wired as well about crypto currencies and stuff and this is gotten a lot of attention because of this opening these three paragraphs that i want to talk about very very fascinating way to put it