With my friend dexter roberts, fellow at the university of montana. A brilliant journalist and writer and author of the new book called the myth of chinese capitalism, the worker, the factory in the future of the world. This is a critically important book to understand how surging income inequality and an unfair social welfare system and social tensions are blocking chinas economic rise in the world and complicating the relationship we have between china, the United States and the world. We have been long time journalists in china and the wall street journal. Im looking forward to having this conversation with him, before jumping into this conversation one final note, if you have questions please post it in the chat box in the program. Great to see you virtually again. We are not doing this in person for obvious reasons, thank you to the Commonwealth Club for giving us this opportunity. I want to start by talking about how i came to write the book the myth of chinese capitalism. In ord
If youre watching whats happening in the treasury market, the yield on the tenyear, which is the one we have been watching so very closely is sitting at 1. 14 . Check out the small caps, though, because the russell 2000 was up by 2 yesterday it closed at another record high it seems to be notching a record high every day, up 43 this morning, even after that, 2,155. The dow transports closed at a record high. That came after a gain of more than 1 in yesterdays session i think thats the second day in a row that both the dow transports and russell 2000 have closed at record highs andrew okay, thanks, becky meantime, we want to bring you an update right now on the pandemic the u. S. Has now distributed more than 30 million doses of the vaccine, and over 11 Million People have received their first dose this was the scene in dallas and austin, texas, yesterday as people waited in long lines at vaccine hubs after a scheduling error. Austins Public Health department encouraged people who had r
Of the northern napa valley, not only to here in angwin, but to the towns of st. Helena, and calistoga, 1500 feet below. The fact is, this is a big fight, and this is a fight to the finish. Unfortunately nobody knows where the finish line is. The fight against the glass fires eastern flank took place uncomfortably close to angwin, population 3,400, already under mandatory evacuation. This is largely an intense and relentless aerial battle, putting aircraft including Air National Guard helicopters against the fire that could still make it way to angwin should continues make it possible. Thats because this part of the glass fair is too big and too close to ignore. Angwin is higher and a little further up the road from deer park, which was destroyed fire coming up slope towards angwin from below. We mote john be a both, an evacuationee in st. Helena, who loves the angwin, but has been staying in the valley for the last threes. I monday afternoon about noon, i went to a mandatory evacuatio
Equipment and providing security. Its the common set up for a wildfire investigates vest team. The vineyard is almost impossible to reach by vehicle. Its down a steep hell from the top of the north fork of Crystal Springs road, just east of the silverado trail north of st. Helena. Almost nothing survived on the firescared mountain. The vineyard is surrounded by an electrician fence, and there are no power lines near where investigators were set up. Im in shock. Im devastated at the loss of my neighborhood. Reporter pam was startled awake around 4 00 a. M. Sunday when the fire first broke out. She took this video of the flames marching down ll side wh are now looking. Reporter i could see northeast here, big blaze up on top of the mountain. Reporter soon the fire would engulf everything around her, including several of her neighbors homes. When i felt my hair was going to startsen knowledging if i didnt just evacuate, you know. Reporter the first calls about the fire came in around 3 50
The afternoon and will last until 6 00 friday night. High temperatures, low humidity strong winds and hot weather and strong winds are expected. In the forecast. Our awareness is heightened we begin tonight with an update on the damage caused by him obviously, in preparation for that. There. Thats why we need to put in cal fire is reporting 51,000 the hard work today so we can acres burned Sonoma County. Be prepared for tomorrow. Reporter preparation thats up from 48,000, includes more than 2100 fire announced at 5 00 this personnel from all over afternoon. California and outofstate helping to fight this fire. But containment has not cutting line, creating improved. It remains only 2 . The Damage Assessment is higher barriers between the fire and unburnt fuels, using the natural barriers. What you see , the number of homes or a lot of the crews doing today businesses destroyed has gone up to 150 from 113 at last is going around some of the structures and clearing them report. Live cove