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Security issue which has the Great Potential for souring the overall strategic discussion. I think it makes it hard. I think its essential for us to try to explore these ideas, but it becomes more of an academic or think tank exercise and less of a practical exercise if these sorts of perceptions create is much distrust. Last comments before i go out to the audience . Let me go out. We have a lot of hands and we have 10, 12 minutes. Im going to start with the gentleman way back on the left. Yes, you. Yes ill bill jones from executive intelligence review. Id like to just focus on this issue of the one road and one belt. Because it seems to me that the way the u. S. The attitude toward the one road, one belt will determine the course of human history. If it is willing to join this and to work in this, i think were going to have a flourishing of Economic Growth the likes which ....
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there ....
Issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liquidity. Liquidity always has some price, sometimes its low and wed like it to be low, its always, always priced. The first issue, is there a question of transition . And if theres a question of transition, how do we get through the transition quickly . Maybe we dont want to have banks dealing bonds. The ....
She anchoreds works center and eventually down the stretch, the first weekly Horse Racing Program on Cable Television. She anchored rod casts of Kentucky Derby day, preakness the the breeders crown, and hamiltonian. She is the author of several books on racing, horse training, and the civil war. Why are you writing looks if you know so much about betting on horses . The connecticut civil war, a guide for travelers. Most recently, Stonewall Jacksons little sorrel. Please join me in welcoming sharon smith. [applause] sharon smith my main license to keep your money in your pocket. Dont do it. I do own horses and ive been distributed interested in the civil war for many years. Its a challenge to write a book about a single horse. They tend to not write their ....
Friday. Follow the senate life here on sleep into when members return wednesday at 9 30 a. M. Eastern. Earlier today the House Rules Committee met to outline the debate on the spending measures to fund the government for the remainder of the fiscal year which ends on september 30th, 2017. This is an hour and five minutes [inaudible conversations] good afternoon. Thank you for joining us this afternoon. Today the committee will consider hr 24 fiscal year 2017 appropriations bill. I want to welcome both of our very special guest from the Appropriations Committee. Committee chairman and Ranking Member cup. We met last week and asked that you please do your very best and it looks like both of you have completed your work. Were delighted that you are here this bill includes, well, i think, i dont know whether ....