[132] Victor Matheson: Sterling + Sports Econ & Bill Janeway on Innovation Econ
Our lead story: Former Microsoft CEO, Steve Ballmer will buy the Los Angeles Clippers for a reported $2 billion. The teams co-owner, Shelly Sterling, sent out a media release Thursday night, stating that the Sterling Family Trust had agreed to sell the team to the former Microsoft CEO.
Then, we bring on sports economist Victor Matheson to weigh in on the big price tag and to discuss how sports franchises affect local economies. After the break, we sit down with venture capitalist and economist Dr. Bill Janeway who talks about his book "Doing Capitalism in the Innovation Economy" and also discusses Hyman Minsky, innovation and uncertainty.
It's the end of the week! Erin and Edward Harrison check in on our Accrued Interest. Keep the questions coming!
A federal judge has ordered Betsy DeVos instate an Obama-era rule on student loans; Remington A. Gregg returns to explain to us. Bartlett Naylor comes on as we examine a possible change to the Volcker Rule while Holland Cooke and Steve Malzberg discuss streaming! And a special guest joins us at the end; tune in to find out who it is! [1179]
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Moody’s is warning that the U.K. could face a downgrade if it doesn’t get its post-Brexit trading pacts in order. Ameera David has the details. Then, Bianca Facchinei takes a look at new reports claiming the Pentagon may ask for another $500 million for the long-delayed and expensive F-35 fighter jet program. After, Manuel Rapalo breaks down stats showing that the SEC may be overwhelmed and reviewing too few investment advisers.
Following the break, Peter Schiff, CEO of Euro Pacific Capital, gives Ameera his thoughts on the state of the U.S. economy, the Fed’s decision to again not hike interest rates, and which presidential candidate may be best for the economy. And finally, in The Big Deal, Edward Harrison examines falling oil prices and the impact of an uncertain OPEC production deal.
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Are banks getting closer and closer to the new kid on the block, blockchain? Christy Ai is here to shed some light on the issue.
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As the U.S. inches closer to a potential debt default, top officials in the nation are warning of the resulting fallout. Former Congressman Dr. Ron Paul (R-TX) joins the program to discuss the looming crisis and the state of inflation in the country. (0:55)
Plus, hidden debt and damaged links are threatening China's ambitious Belt and Road Initiative. Boom Bust's Christy Ai and Professor Richard Wolff both analyze the new figures facing the project and offer their forecasts on the infrastructure initiative. (15:45)
In This Episode
_______________
00:00 - Intro
00:05 - Debt Default
15:45 - China's Belt and Road Initiative
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
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It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
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The waning growth in emerging economies could be of particular risk to the financial stability of the Eurozone. Ameera David weighs in. Then, Ameera sits down with Peter Schiff – CEO of Euro Pacific Capital and host of The Peter Schiff Show – to talk about the US economy.
After the break, Bianca Facchinei takes a look at new data that lists four European countries and the US as the most unequal nations in the world. Afterwards, Edward Harrison is joined by Jim Bruce – director of “Money for Nothing: Inside the Federal Reserve” – to talk about the Fed.
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Ransomware has risen as a top malware problem, CSO Sam Curry talks to host Lindsay France as we break down ransomware and how we deal with it. Bart Chilton joins us from Hong Kong as the city hosts a fintech conference and we learn what he and other keynote speakers are talking about in the financial tech world.
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This week, US Treasury Secretary Janet Yellen gave a bleak prediction about inflation rates across the country. Meanwhile, a new report is alleges governments around the world are pressuring Twitter to censor journalists and news outlets. With Marvel's "Black Widow" success at the box office, are we seeing a return to normal for the moviegoing public?
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
News with Rick Sanchez: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow
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...
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T-Mobile and Sprint look to merge, but according to Manila Chan, it’s all just the opening moves as 5G networks come online. Nestle and Starbucks have entered a big deal to sell products, but is this a sweet deal? Alex Mihailovich has the answer. Climate and rising sea levels are changing the face of the Miami housing market; Nicholas O’Donovan has the story. And we’re taking a turn behind the wheel with Lauren Fix as we take a look at the latest auto news. All this and more on Boom Bust! [1075]
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Saudi Arabia is prepared for a $10 billion bond sale, and Japanese retailers are predicting weakness ahead. Edward Harrison has the details on both stories. Bianca Facchinei then takes a look the prospects of a Belgian province derailing the EU-Canadian CETA trade deal. Alex Mihailovich then joins with the latest on Samsung’s permanent halt of Galaxy Note 7 production.
After the break, Frances Coppola, blogger at
CoppolaComment.com and contributor to Forbes, tells Ameera David why she doesn’t think Deutsche Bank will get a bailout, and how a bail-in could be possible. And finally, in The Big Deal, Ashlee Banks breaks down the newest fracking regulations in the state of Pennsylvania and what they mean for the natural gas industry.
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