Humanity that 2000000000 people in the world are at this point of what i call surplus humanity structurally marginalized unemployed that have to scratch out a living in an informal economy which is deteriorating and collapsing and then another 1300000000 workers in the world work in extremely precarious condition so we have one half of humanity is in this a misery disagreed and they probably think youre immediately talking about cost if you when this program suggested that class warfare may exist it made the model current Times Newspaper but you quote Warren Buffett claiming its been going on for decades class war and his class won tell me about this this. Connection between class and the Global Police state than more clearly. Sure well lets look at it global inequalities have reached unprecedented levels i mean we can barely wrap our minds around these inequalities one percent of humanity controls over 50 percent of the worlds wealth that we know because thats been broadly publicized
Crisis it only made it much worse and in talking about Global Police state theres 2 dimensions i want to highlight one is the structural technically we call it over accumulation but its a crisis of chronic stagnation in the Global Economy and the 2nd dimension of that crisis is is political this one of state legitimacy and capitalist henschel money so i mean 3 things but Global Police state and the 1st as we see the deepening the and the extension worldwide of transnational systems of social control of repression militarisation and warfare all around the world and we see that in order to contain the real and the potential rebellion of what i call in the book surplus humanity and the mess of the downwardly mobile and destabilized and concrete in the impoverished global working class and you know very quickly the International Labor organization has already reported that one 3rd of humanity that 2000000000 people in. World are at this point a what i call surplus humanity structurally mar
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We
Obstacles facing oil and gas and why the lock downs are a big deal but may not change much longer term. It is friday, october 16, and this is Worldwide Exchange. If i have it right, i think that is the black key and the song is 10 00 a. M. But were playing it at 5 00 welcome from yfr wherever in th world you are watching stock futures right now are in the green but lets be carefully here, they are basically flat. Dow futures are up 9 points, so in the green, yes, nasdaq up 22, but got a long i way to go the big money question on this bring is whether today will mark a rare four day losing streak for the nasdaq were down previous three sessions, although amazingly were still higher on the week outside of stocks, the big winner this week has been bitcoin. Thats right, up 4. 5 . Climbed earlier back above 11,500 bitcoin has been the winning asset class coming into a friday lets go around the world and it is looking like a nice session in europe as well. Lets ghets t get the trade, geoff c
Results so i think would like to see a kind of we dont have a clue it would be a quite some time the kind of been. Much much worse this. d position so i think were going to see after the elections. We have a christie i believe us cohost with us as well whos just joining us now i want to propose that same question to you where do you see markets going in this next month and what or what effect will these Upcoming Elections on Global Markets and markets here in the United States. Well i think that 2020 has been a year that has been just marked by surprises and the unexpected so right now the real fear isnt about placing bets on whether or not or the real fear is that the results of the election wont be identified but on november 33rd and even if a winter is identified the transition they dont think its going to be a smooth one so there is the possibility that the election will get disrupted and could potentially even lead to violence so to that end a lot of investors right now they are f