Pork Problems across the Pacific & Facebook back in the Hot Seat
Pork problems continue to permeate pigs across the Pacific, throwing another wrench into U.S.-Chinese trade relations; Todd Horwitz of Bubba Trading and Fred Kaufman, author of “Bet the Farm”, help see us through the sticky swine situation. Plus Danielle Shay of Simpler Trading helps us sift through stocks from Amazon to Walgreens. And finally, Facebook is once again under fire, this time in an election on the other side of the globe; Conservative commentator Steve Malzberg and RT Producer Brent Jabbour log on to help us figure out the situation with the social media giant.
With markets making major moves in the US it’s going to take Danielle Shay and Hilary Fordwich to help us make sense of it all in a special panel! Alex Mihailovich returns as GM closes more plants! And is Boeing taking off or crash landing? Jaime Finch joins us once again as the latest news over the disastrous 737 crash. [1205]
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Donald Trump and Kim Jong Un are meeting in Vietnam, but will we get results? Steve Malzberg and Michael Maloof give us their thoughts. As major pharmaceutical CEOs meet to discuss drug prices, Mollye Barrows joins us from Pensacola, FL to discuss if this is all going to make a difference. In a special interview, Bart Chilton sat down with Jesus Seade, the Deputy Minister of Foreign Affairs to discuss the ongoing NAFTA trade talks! [1265]
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It’s another busy day for Boom Bust. Fed Vice Chairman Stanley Fischer is resigning while the Polish foreign minister is asking Germany for reparations. Correspondent Bianca Facchinei is also looking Poland as it faces EU fines over refugees. Oil and gasoline is on shaky ground as Chris Martenson gives us his take on the state of global oil prices in a post-Harvey market. Special correspondent Simone Del Rosario sat down with CEO Kirill Dmitriev as the BRICS talks wrapped up. That and more on Boom Bust!
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Global debt is on the rise; the great Richard Wolff returns as we figure out what it means and if it’s time to start worrying. Markets are still in flux and US President Trump isn’t making things easier; Adam Mesh returns as he and Bart discuss the future market start to 2019. And could cryptocurrency get lower in 2019? Taylor Letterman of Simpler Trading has some thoughts! [1226]
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The words “Made in Germany” have been a point of pride for the German people. After all, those are the words that mark MILLIONS of cars around the world -- many of them made by Volkswagen. But with Germany’s largest automaker now mired in scandal, some are questioning what kind of impact it could have one of the country’s most robust industries. Ameera David weighs in.
Then Frances Coppola is, contributor to Forbes and writer at “Coppola Comment,” is on the show to talk about Eurozone economy.
After the break, Boom Bust’s Erin Ade talks to Scott Rickards, CEO AND founder of Waterfund LLC, about investments in the water industry.
And in The Big Deal, Ameera and Edward Harrison talk about the impact of the Volkswagen scandal along with the implication of the major currency drops in both Canada and Brazil.
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It seems that Puerto Rico isn’t only running low on money – it’s also running low on water. Ameera David weighs in. Then, RT correspondent Lindsay France takes a look ways that California is trying to preserve water in the midst a stubborn drought. Afterwards, Ameera sits down with Marin Katusa – chairman of Katusa Research – to talk about water accessibility in both rich and poor nations.
After the break, Ameera is joined by Rick Rule – CEO of Sprott US Holdings – to discuss the impact that droughts have had on the water market. And in The Big Deal, Ameera and Edward Harrison talk about the cross-section of water and technology.
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Dr. Ron Paul, former congressman and three-time presidential candidate, gives Erin his take on why households in the top 20% have seen all of the gains in income so far, compared to the $275 annual decline for the lowest 20%.
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It’s part 4 of our Best of Boom Bust shows! We’re looking back at some of our best interviews with some help of Bart Chilton.
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The market is chugging higher today despite record COVID-19 cases and ongoing reports of hotspots in addition to shocking comments on US trade with China. Meanwhile, a growing list of companies have temporarily stopped advertising on Facebook, purportedly to combat the company’s failure to stop hate speech and disinformation and to show support for a movement called “#stophateforprofit.” Plus, European airline Lufthansa is facing turbulence in the midst of bailout talks with the German government and its shareholders as the pandemic continues to decimate the travel industry.
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