can see from unemployment data and from depopulation and that is the way forward. of course, china will try to smooth this structured deceleration as much as possible. structured deceleration as much as possible- as possible. those population numbers and as possible. those population numbers and the as possible. those population i numbers and the unemployment numbers and the unemployment numbers which china s government has decided to release this time around, what long term impact of those figures likely to have on the economy? figures likely to have on the econom ? ~ , economy? well, the good news, to start with economy? well, the good news, to start with the economy? well, the good news, to start with the good economy? well, the good news, to start with the good news, - economy? well, the good news, to start with the good news, is l to start with the good news, is because china is still urban icing and moving population from rural areas to the cities, impact on
up in blue and yellow, of course the colors of the ukrainian flag, so was the empire state building in new york city. and we ve got a lot to cover in our second hour of chris jansing reports. let s get right to it. at this hour, turbulence on wall street. why stocks are tumbling right now, and what it means for your wallet. plus, the u.s. moving to seize $75 million worth of luxury real estate in miami beach, the hamptons, and new york city. the owner, a russian oligarch. we ve got the new details on that. also what happened in the first court hearing connected to the deadly shooting on the rust movie set. and court action set to resume shortly. our nbc news reporters are here with all the latest developments, and we begin in south carolina where alec murdaugh is due back on the stand any minute now. nbc s catie beck is outside the courthouse. we were watching together that withering cross-examination from the prosecution today, accusing murdaugh of manufacturing
we are in a recession. the economy has been tracking all year real wages are at record lows and at the same time inflation is the highest it s been in a lifetime of most americans. so call it whatever you want, but it is a recession and it is scary. and they are ignoring it. we are gonna spend the next hour and festa getting how exactly this have happened and how to they tank the economy so fast and what is it mean? get to the answers we can speak to people who had actual credibility on economics that does not include our most highly credentialed economists. people who like the public health experts we watch the last 20 half years have thoroughly plowed and discredited themselves. a year ago right about the time he told us that vaccines will absolutely prevent you from getting or transmitting covid joe biden was asked hey what happens if we go into a recession? in response as he does joe biden invoked highly credentialed experts watch this. president biden: you know as econ