[878] Getting the Book Report: A look at the Beige Book
We’re ready! We take a look at Janet Yellen as we examine her testimony from yesterday and today while China and Portugal look to restart an old world concept; the Silk Road. Meanwhile, Bianca Facchinei takes us to Brazil where the ex-president of the country is looking at 10 years in prison. Alex Mihailovich gives us his take as he warns Canadians that there is trouble on the horizon. Our special guest Danielle DiMartino Booth is breaking down the Beige Book; are we in financially clear waters? You’ll have to watch on today’s Boom Bust to find out!
House republicans have set the stage for a huge vote on Friday to grant President Obama fast-track trade authority, which would allow the president to more easily negotiate trade deals by giving Congress a final up or down vote on legislation with no amendments. The Senate already approved it last month, meaning the House vote is the last hitch to making it law. So why does this matter? Boom Bust’s Ameera David weighs in.
Then, Ameera is joined by Steve Hanke – professor of applied economics at Johns Hopkins University and director of the Troubled Currencies Project at the Cato Institute. Steve tells us if the Trans-Pacific Partnership will do more good than harm and gives us his take on the ECB’s quantitative easing program. The most alarming part of his analysis was his conclusion that Greek banks are insolvent and no one has the political will or ability to rescue them.
After the break, Bianca Facchinei takes a look at the numerous lawsuits against Apple. Recently unsealed documents claim store employees were subjected to mandatory bag checks in stores all over the world, and Apple Music is already prompting investigations into potential antitrust violations.
Afterwards, Ameera sits down with Erin Ade to talk about Standard and Poor’s cutting its credit rating on several major European commercial banks this week. The downgrades come as S&P considers the uncertainty of whether the respective governments where these banks are located can and will provide the support their banking systems would require, should they fail.
And in The Big Deal, Ameera and Edward Harrison talk about the US economy. While the first quarter numbers were terrible, the second quarter numbers have been better.
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What’s constant in life? Death and…taxes! President Trump has said his piece on what tax reform should be, but is it doable? We brought in Ed Martin and Marshall Auerback to give us two very different takes on President Trump’s push for tax reform. Bianca Facchinei joins host Lindsay France as most Americans are scratching their heads wondering if they even need tax reform. Correspondent Simone Del Rosario traveled across the world to China as the ever important BRICS talks were underway this weekend. That and more on Boom Bust!
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A climate change summit is set to take place in Paris, France, but President Trump has been left out. Tyson Slocum joins special guest host Bart Chilton as we discuss energy and politics. Gerald Celente joins us as we discuss the Saudi Palace Purge and the upcoming OPEC talks while Bianca Facchinei gives us a closer look at President Trump’s Asia trip.
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As Tesla's growing operations expand in China, CEO Elon Musk has claimed that he would halt production immediately if it was revealed that his products were being used for spying. We bring you a Boom Bust star panel on the eccentric owner's comments and whether his resolve outweighs profits. (1:06) Plus, an ongoing concern for the Biden administration in its early days is the Nord Stream 2 Pipeline from Russia to Germany, with defenders and critics of the project making their points known. We dig into the European reaction to US criticism of the pipeline and what moves, if any, the nation could take to halt development. (12:16) And later, the Federal Reserve has claimed that the United States is nearing a full economic recovery more than one year since pandemic lockdowns brought the nation to a halt. Octavio Marenzi of Opimus LLC offers his insight into the statement and where the world's largest economy stands on its path to normalcy. (18:12)
#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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Dennis Miller Plus One:
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https://www.youtube.com/watch?v=QW5ubUwkOhc
Chinese investors are one step closer to buying the Chicago Stock Exchange after they cleared a key regulatory hurdle. Ameera David has the details. Then, Bianca Facchinei takes a look at the continuing Wells Fargo fraud fallout, with new account creation declining. After, Lindsay France examines austerity measures across the world, including Brazil, where protesters are once again taking to the streets.
Following the break, Peter Schiff, CEO of Euro Pacific Capital, gives his outlook on gold and broader markets. And finally, in The Big Deal, Edward Harrison breaks down Trump’s proposed economic team and their focus on supply-side economics.
Take a look!
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Our lead story: It's World Cup time! And for the next couple weeks you can't mention Brazil without mentioning the World Cup. With the kick off only a couple days away, protests are exploding throughout the country. Erin takes a look.
So in anticipation of the coming World Cup, we wanted to play you the second part of our interview with Sports Economist Victor Matheson. Erin explored a range of issues from athlete graduation rates and the popularity of soccer in the US. Then after the break, Erin sits down with Dr. Benn Steil, the director of international economics at the Council of Foreign Relations to get his take on what's happening at the ECB.
And in today's Big Deal, Edward Harrison and Erin talk about debt forgiveness and rebalancing risk in our financial system. Take a look.
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U.S. President Joe Biden and Chinese President Xi Jinping have held their first high-level talks in nearly seven months to discuss pressing issues facing the two countries. Boom Bu$t's Ben Swann and Christy Ai are both on hand to discuss the conversation and what issues were on the table. (0:49) Plus, we take a spin around the globe to see how international markets have fared over the past week. (8:50) And 20 years after the gruesome September 11th terrorist attacks, how has the U.S. economy changed in response? RT's Rick Sanchez offers his insight on the evolution of the economy and the nation at large. (15:03)
#BoomBust #QuestionMore #RTAmerica
Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://bit.ly/DownloadPortable
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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
Follow us on Twitter:
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Check out more from RT America!
Eat The Press:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm
Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
https://www.youtube.com/playlist?list=PLagVUKF7CUTR4fIiDHxGpe38eAJWgzVQ8
Watching The Hawks:
https://www.youtube.com/channel/UCbiFt3UdxX7LxferwDmuegQ
The Big Picture:
https
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https://www.youtube.com/watch?v=TNltWJb9AXY
Millions of Johnson & Johnson vaccine doses are going to waste following a mistake from a third-party manufacturer. We bring the latest on the state of the inoculation process and how South Korea is using blockchain in the fight against COVID-19. With the vaccination process heating up in the United States, what fate could the future hold for the movie industry as the age of the novel coronavirus forces it to evolve?
#BoomBust #QuestionMore #RTAmerica
Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://bit.ly/DownloadPortable
Check out our other shows!
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
Follow us on Twitter:
https://twitter.com/RT_BoomBust
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/
Check out more from RT America!
Eat The Press:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm
Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
https://www.youtube.com/playlist?list=PLagVUKF7CUTR4fIiDHxGpe38eAJWgzVQ8
Watching The Hawks:
https://www.youtube.com/channel/UCbiFt3UdxX7LxferwDmuegQ
The Big Picture:
https://www.youtube.com/user/TheBigPictureRT
...
https://www.youtube.com/watch?v=IUKdltImoMg
It’s a jam-packed Tuesday, but the Boom Bust team is ready to roll! Bailouts may have saved banks and certain companies in the past, but we’ll be footing the bill for years to come while Italy hopes for the best as they look to an economic confidence boost. Gerald Celente joins us as we break down Japan’s economic woes. Bianca Facchinei tunes in to HBO as the company reels from a massive Game of Thrones data hack. We’ve got gold in our eyes and Peter Schiff looks at the highly prized metal commodity while Lionel of Lionel Media takes us for trip as American’s now have the highest cred-card debt in U.S. history! That and more today on Boom Bust.
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