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Will see you all in all, not a bad weekend. we will see you later, thank you very much. time now for the latest technology news here s this week s click. mobile world congress. every year, barcelona used to be lit up with smartphone launches and announcements of connected devices, beyond what you might ever think of or need. now, 2020 was pretty much a no show, for obvious reasons, and last year well, that was just weird. we ve arrived. this is fira de barcelona. yes, the show was back on, but we couldn t go although you were there in spirit, if not in body. yeah, the less said about that, the better. but this year, it s back in full ....
Now, 2020 was pretty much a no show, for obvious reasons, and last year well, that was just weird. we ve arrived. this is fira de barcelona. yes, the show was back on, but we couldn t go although you were there in spirit, if not in body. yeah, the less said about that, the better. but this year, it s back in full swing with all sorts of companies showing off their latest wares. so, whilst i m here at the design museum in london, where behind me, there s a good old fashioned brick phone and a nokia 3310 remember those? we know how fast these phones change, so we ve sent omar mehtab and osman iqbal to barcelona. samsung, nokia, huawei, oppo, xiaomi they re all here and all got something to show. that s the thing about mwc, isn t it? it s all about the big releases. say, for example, this the samsung s22 ultra. the supposedly best of their s22 ....
Economy being strong. we threw so much money that this economy, bret, to first, obviously it had to be done because we couldn t go to work. we were in the dark. we were facing a pandemic that no one alive had ever seen or dealt with. so the entire world shut down. we needed a way to sustain ourselves. but we came out of that recession 2020 recession with a shortage in history. we saw what they called the v shape recovery. a lot of people didn t believe it but it was true. we entered last year with household balance sheets in the west shape they have ever been in. wages were going up. people had money. our savings rate was well over 20%. some months 25%. the extra money, the extra so-called rescue package, almost $2 trillion was completely unnecessary. we still have tons of money, billions and billions of dollars flowing through the system and that goes to spending. now, when president biden talked about, you know, these things coming from outside this country, he makes a great point. t ....
Last year, well, that was just weird. we ve arrived. this is barcelona. weird. we ve arrived. this is barcelona- weird. we ve arrived. this is barcelona. , ., ., barcelona. the show was back on but we couldn t barcelona. the show was back on but we couldn t go, barcelona. the show was back on but we couldn t go, although - but we couldn t go, although you were there in spirit, if not in body. not in body. the less said about that, not in body. the less said about that, the not in body. the less said about that, the better. i not in body. the less said l about that, the better. this ear, it about that, the better. this year. it is about that, the better. this year, it is back about that, the better. this year, it is back in about that, the better. this year, it is back in full - about that, the better. ti 3 year, it is back in full swing with all sorts of companies showing off their latest wares. so while i am here at the design museum in london, where behind me there is ....
In ten minutes we will have this week s edition of newswatch. now on bbc, it s time for click. mobile world congress. every year, barcelona used to be lit up with smartphone launches and announcements of connected devices, beyond what you might ever think of or need. now, 2020 was pretty much a no show, for obvious reasons, and last year well, that was just weird. we ve arrived. this is fira de barcelona. yes, the show was back on, but we couldn t go although you were there in spirit, if not in body. yeah, the less said ....