great conversation with paul krugman. i understand, 6 p.m. tonight you have some great?y summers, who has a different view. and we will also have someone to take us through the markets this week. katie: a busy week in the markets with the jobs report and how you manage around fixed income in that environment. it seems like the fed and right at bats there are seeing a little bit of a re-think. david: we got some clarity out of jay powell, didn't we? katie: it seems like it. he actually answered a question and the markets listen. he said, marge, probably not the biggest case. david westin, thank you so much. of course, a lot more coverage coming up. this is bloomberg. ♪ katie: all right, it is friday. and specifically it is etf friday. i'm taking a look at the grayscale bitcoin trusts. its discount to its net asset value, which is pretty much nonexistent at this point. this is one of my favorite charts. it closed yesterday at .02% lower than the value of its underlying holdings. that is amazing. as you can see we enter 2023 close to 50%. that was when it was still a trust.

now, paul krugman is coming up. he's "the times" longtime columnist and writes it's also true that many voters think the president's age is an issue. there's perception and reality and anyone who has spent time with him can tell you he has full possession of his facilities, completely lucid and of course motor voters don't get to see him up close. he speaks quietly but this is in part because of his lifetime struggle with stuttering. now, this age attack, this obsession by the right, this plan for hearings which axios reported reflects in a weird way the kind of political strength that exists because biden cleared the democratic field memorably even if it had younger options and beat trump handily, republicans aren't seeking a policy debate over, say, the jobs record, the job surge, the stock surge which includes record highs recently. the obamacare enrollment surge which affects people that might not have money in the stock market. an infrastructure law that poured billions into many projects including places where

nobel laureate in economics paul krugman said on this occasion that china's economy is entering an era disappointment. there is deflation, a bubble in the real estate market, and high unemployment. there are problems. everyone, but developing countries are still in a better position, experts say. russia, by the way, yes, is one of the leaders, if we take such large countries as significant, brix countries that bypassed the g7. in terms of its share in the world economic potential, now this hegemony, including that of the united states , is changing not only politically, but , it seems to me, economically, and i would, if we talk about some kind of perspective , maybe not close, may be relatively distant, well, i would say that most likely some new leader will appear, yet a recession in the global economy is not yet threatening. so the organization of economic cooperation and development even improved forecast for world gdp in the twenty-fourth year to +2.9%, the world bank expects growth of almost 2.5%. divide in half, prices on yandex market, discounts up to 50% when paying by card. i

nobel laureate in economics paul krugman said on this occasion that china's economy is entering an erant. there is deflation, a real estate bubble, and high unemployment. everyone has problems, but developing countries are still in a better position, experts say. russia, by the way, yes, is one of the leaders, if we take such large, significant countries as the brix countries, which have surpassed the big seven in terms of their share in global economic potential now this hegemony. including the united states, uh, is changing not only politically, but, it seems to me, economically, and i would, if we talk about some kind of perspective, maybe not close, maybe relatively distant, well, i would say it would seem that most likely some new leader will emerge, yet a recession in the global economy is not yet threatening, since the organization for economic cooperation and development even improved the forecast for world gdp in the twenty -fourth year to + 2.9%, the world bank expects growth of almost 2.5%. american journalist ecker carlson again shares his impressions of his trip to moscow,

that is the failure of the news media that paul krugman is so correctly worried about tonight. any president prior to donald trump would have been impeached and removed from office immediately after telling that story that donald trump told on saturday about his willful determination to violate the law by violating the nato treaty. the stakes of this presidential election are not just what would happen in the united states with a president biden or a president trump, but what would happen around the world, and how specifically, what would happen to ukraine, what would happen to poland, what would happen to finland, and other threatened members of nato without joe biden in the presidency to protect them. and as joe biden and donald trump make clear every day, joe biden is better on his worst day then donald trump is on his best day on every issue confronting the presidency, from health care to nato. and if you write about president biden's age without saying that, then you are doing a disservice to the truth. when the united nations was created after world war ii following presi

nobel laureate in economics paul krugman in this regard , experts say that the countries are in a moreuation. russia, by the way, yes , everyone has problems, but still the developing ones are one of the leaders, if we take such large significant countries, parties to the brix, which have already surpassed the big seven in terms of their share. in the global economic potential , now this hegemony, including that of the united states, is changing not only in political terms, but, it seems to me, in economic terms, and i would, if we talk about some perspective, maybe not close, maybe relatively distant, well , i would say that most likely some new leader will appear, yet a recession in the global economy is not yet threatening, so the organization of economic cooperation and development is even... governor of the moscow region andrei vorobyov presented state awards to the fighters of the bars dobrovulchesky detachment who distinguished themselves during the special operation. these are medals for courage, for saving the dead, medals of the order of merit for the fatherland of the second

that is the failure of the news media that paul krugman is so correctly worried about tonight. any president prior to donald trump would have been impeached and removed from office immediately after telling that story that donald trump told on saturday about his willful determination to violate the law by violating the nato treaty. the stakes of this presidential election are not just what would happen in the united states with a president biden or a president trump, but what would happen around the world, and how specifically, what would happen to ukraine, what would happen to pull and, what would happen to finland, and other threaten members of nato without joe biden in the presidency to protect them. and as joe biden and donald trump make clear every day, joe biden is better on his worst day then donald trump is on his best day on every issue confronting the presidency, from health care to nato. and if you write about president biden's age without saying that, then you are doing a disservice to the truth. when the united nations was created after world war ii following presi

we talked to paul krugman who said that's not regulating trade that's cutting it off.would be the effects of that tariffs on goods from china? eswar: it acts like a fence. that's an impenetrable barrier because that sort of margin no chinese exporter u.s. importer can take. 10% to 20% you can think about trimming costs here and there. currency depreciation helps a little bit but when it is 60% that's a signal the administration is eager to cut off trade with china which is what the effect will be and it will have an effect on trade flows and investment flows. the interesting thing will be if this will be a diversion of trade but once you get to talking about 60% that's going to be effectively blocking trade between the two countries. katie: when it comes to the divergent of trade, does anyone win in this contest? you think about india for example if trade relations between the u.s. and china really deteriorate further from here who stands to benefit? abigail: -- eswar: it's not just trade flows but also flows of foreign direct investment in other banks of capital getti

. >> paul krugman writes in the new york times, quoting here, a significant faction of republicans, trump included, refer to the bucket in ukraine because by all appearances, vladimir putin is there kind of guy, and they are content to see him steamroll his democratic neighbor. congressman, the senate voted yesterday afternoon to advance a sweeping upper chelsea bill for ukraine and zero. are you hopeful it will not just pass in the house but actually get a vote in the house? >> i am very hopeful that this gets a vote in the house. to be honest, we're unsure. at this point, the speaker mike johnson might as well bend the knee to putin. and it is completely embarrassing, we should be ashamed that so many members of our congress have decided to turn their backs on democracy in eastern europe. they decided to turn their backs on standing up to a authoritarian dictator, to someone that has caused enormous harm, not to just his own country but to ukraine. we have to stand up for democracy in ukraine. they are counting on us. i am very hopeful we can put this together, that a vote can come forw

. >> paul krugman writes in the new york times, quoting here, a significant faction of republicans, trump included, refer to the blockade in ukraine because by all appearances, vladimir putin is there kind of guy, and they are content to see him steamroll his democratic neighbor. congressman, the senate voted yesterday afternoon to advance a sweeping emergency aid bill for ukraine and zero. are you hopeful it will not just pass in the house but actually get a vote in the house? >> i am very hopeful that this gets a vote in the house. to be honest, we're unsure. at this point, the speaker mike johnson might as well bend the knee to putin. and it is completely embarrassing, we should be ashamed that so many members of our congress have decided to turn their backs on democracy in eastern europe. they decided to turn their backs on standing up to an authoritarian, a dictator, to someone that has caused enormous harm, not to just his own country but to ukraine. we have to stand up for democracy in ukraine. they are counting on us. i am very hopeful we can put this together, that a vote can com

paul krugman says 54%. i'm willing to pay 50%.nths for myself, six months for the government and that's it. and i think the idea that rich people don't pay taxes is bal baloney. >> lee, we always appreciate talking to you, your prospective on all of it. >>> coming up, ai the s.e.c. republican senator bill argumenty will join us on a fight on what he sees as new regulatory overreach. stay tuned. "squawk" returning after this. take care of it with gold bond's healing formulations of 7 moisturizers and 3 vitamins. for all your skins, gold bond. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know a