[123] Deutsche Bank leaves Vegas & Yves Smith on PE Real Estate Tricks
Our lead story: Deutsche Bank is finally able to leave Las Vegas! That's because before their fear became loathing, and they found a buyer for their always-in-the-red Cosmopolitan Hotel in Las Vegas, Nevada. Erin takes a look.
Then, Erin sits down with financial blogger powerhouse Yves Smith of Naked Capitalism to talk about private equity and their rental shenanigans. They talk about why PE firms have gotten into the real estate market and the problems created by their actions. What are these PE firms trying to do and do they create jobs? Smith breaks it down.
Then to round out the week Edward Harrison and Erin check in on their Accrued Interest. Keep the comments coming!
As the United States receives yet another dismal jobs report, data shows that the nation's economy saw its largest contraction in more than 70 years during last year. Boom Bust's Christy Ai and Ben Swann both offer their insight on data and give their passionate takes on the ongoing Robinhood controversy. (1:00) With the vaccine roll-out well under way in many countries around the world, Germany has instituted new regulations on some of its COVID-19 vaccines. Mollye Barrows of America's Lawyer lays out the new laws, and how the nation's inoculation process is going. Meanwhile in the US, the new Biden administration has taken a more pessimistic tone on the country's future amid the pandemic. RT's Trinity Chavez breaks down the developments. (10:13) The Super Bowl is right around the corner, but the big game could look a bit different this year. Victor Matheson of the College of the Holy Cross tracks the latest developments on the advertising shakeups for the US's most-watched sporting event. (19:50)
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Net neutrality is the concept that companies that provide access should not price discriminate different types of content. David Henderson of the Hoover Institution disagrees. Take a look.
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The top story: The IMF’s chief Christine Lagarde is to face trial over payout to French businessman Bernard Tapie. Elsewhere, PMI data point to a sharp slowdown in the UK following the Brexit vote. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on how Amazon has tiptoed into the banking business through student loans. Then, Ameera talks to RealVision founder Raoul Pal about the market situation in a post-Brexit world. Raoul also has commentary on the US economy and bitcoin.
After the break, Ameera talks to Levy Economics Institute research associate Marshall Auerback about the post-Brexit political situation in the UK. And in the Big Deal, Ameera and Edward Harrison continue the discussion about America’s pension underfunding problem.
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Backlash for United Airlines continues, after a passenger is forcibly removed from his flight and left beaten and blooded. Gary Leff, co-founder of milepoint.com joins us to discuss the latest developments in the United Airlines scandal. We then turn to a more global discussion with Richard Wolff, Professor of economics emeritus, University of Massachusetts, to discuss China’s relationship with North Korea when it comes to trade, Shell gasoline and Nigeria and fake financial news. Boom Bust’s Bianca Facchinei takes a look at the GOP’s efforts to break down the Dodd-Frank Act. After the break, we discuss Blackberry being award several hundred million dollars in an arbitration case. Lagarde sends America a warning about targeting single nations on currencies. Former commissioner, for the U.S. commodity futures trading commission joins us to discuss oil around the world. Finally, Manuel Rapalo has an out of this world report on Axiom, as the company looks to build the world’s first commercial space station.
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In an age with wage gap issues and the U.S. looking down the barrel of zero growth with an extended government shutdown, it’s time to bring back Prof. Richard Wolff onto the show! Stocks and markets are rising high as strong earnings reports come in; Adam Mesh and Danielle Shay return to discuss! Sears faces a lifeline as it went to auction as bankruptcy still lurks in the background; Steve Malzberg has some thoughts! [1236]
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Some of the country's most prominent technology companies are concerned that NSA spying revelations will hurt their bottom line, and are bringing their money to Capitol Hill to push for reform. Plus, Starbucks' historic year isn't resonating with Wall Street, while The Container Store's IPO has been a surprise success today. We talk to Professor of Economics Richard Ebeling about Japan's latest quantitative easing plans and what the American Federal Reserve can learn from the island country's experience. RT Correspondent Anastasia Churkina joins Boom Bust with a report on a new dating app that uses economic incentives to get people dates. In today's Big Deal -- standardized test companies are facing allegations of selling student data without permission and Amazon is trying to expand into India, though not without barriers.
https://www.youtube.com/watch?v=AfCh-3Ee1g0
It’s been a long year for the UK. Simone Del Rosario and Ed Schultz discuss the UK election and what that could mean for the future of Britain. Afterwards, the results of the UK’s general election send the British pound diving into an all-time low while Anthem exits the health insurance exchange in Ohio all while Trump makes a push on infrastructure. Then we head over to Los Angeles as the E3 video game expo sets-up shop with heavy hitters PlayStation, Nintendo, Ubisoft, EA, and more get ready to wow the gaming world. Finally, a video game may make history as its trailer becomes eligible for an Academy Award nomination.
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Inflation in the world's two largest economies is not in lockstep as one sees easing while the other is seeing its highest rate in decades. We'll discuss the challenges. Plus, oil prices have hit their highest level in two months., we take a discuss the outlook for energy amid rising prices. And as the Turkish Lira is facing a crisis, citizens of the nation are turning to cryptocurrency. We bring you the details.
#BoomBust #QuestionMore #RTAmerica
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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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Monday and we’re back! Saudi Arabia vows to cap oil exports why the inflation rate has the Fed worrying. Taxes; can’t live with them and can’t get rid of them. However, Connor Brantley and Ed Martin are taking on this issue as we examine tax reform from both sides of the aisle as the Republican healthcare bill falters. Alex Mikhailovich talks NAFTA as friction increases between the US and Canada. Finally, the Lionel of Lionel Media takes aim at the malls of America as many are shuttered. That and more today on Boom Bust.
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