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tv   Salero  Al Jazeera  January 31, 2019 3:00pm-4:01pm +03

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golden age of capitalism in france they weather thirty glorious years in germany it was the economic miracle an entire generation enjoyed material prosperity and full employment and this became engraved in the collective consciousness even though these high growth rates were only made possible by massive water destruction the believe in growth was now unstoppable. g.d.p. became the most important benchmark in history. going at. that and the economy in the grace of the economy was doing a good job force when when we were young if you like when as an economy as a society we were young and one of the really important things to say is that there are some societies where that is still necessary where you still need that growth where you still need food clothing and shelter whether very very poor undernourished people living on less than the price of a skinny latte from the cafe downstairs and that's why that's a situation where growth makes some sense. but the idea that as human beings all we
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want is more more stuff doesn't really stack up so after a certain point you have to ask yourself well how much is enough how much how much more do i need to great economy to satisfy human appetites. the nineteen seventies so our growth rate sink for the first time due to the op crisis and not affect us the boomers over the market saturated western economy stagnated millions suddenly found themselves unemployed it was uncharted territory . for the first time the limits of course became visible economically socially and ecologically. we do have some understanding about growth. in one nine hundred seventy two a group of scholars commissioned by the club of rome presented
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a report in washington and tied to limits to growth using a computer simulation researchers at mit had calculated for the first time what continues economic growth would do to the planet's they're finding set off alarm bells around the world when resource consumption is doubling every twenty years for the first time people were confronted with the fact they can only grow it could also have negative consequences and that the planet's natural limits would soon be reached the success story of growth was in crisis we've reached levels of prosperity which carry the seeds of disruption and necessitate a complete relook at the whole world social political and other situation. the top of rome report sold thirty million copies and became a global sensation. and soon this calls themselves came under attack they calculations ready tried as irresponsible fear mongering because it's impossible to admit the end except for the success story of growth. must continue.
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unfortunately many of the so-called us predictions turned out to be right and in many cases reality even so possibly predictions. that's the cover for only because it was causing an international uproar the brazilian rainforest and the amazon basin were still nearly untouched the huge brazilian state of much of grosso largely populated by indigenous people consists of a forest and seventy today but much of that is left since the mid eighty's progress aided by international investors has been eating away at the rain forest thirty five football fields of forest disappear every minute it's been the same story over and over again lumberjacks move in first thank cattle breed s. and finally the soybean variants.
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a lot of it left. is one of one point containers that is new in the mail you know. aesthetician know what automation all get in we shall not approach coming at the bare billows will ferrell but as he leered of seen their god but on knowing that god is following us and ye they all bear with us as i do as i am the ear wars the dance of the fuzzy and the keep thing they've each quattrocchi it seems were simple there has there. been at did as society as bill de gea of us both them flightplan from the merely meant them to mean that you. must or numbers a loss when you see a particular cup damaso in all dog and it was. a mark of. the gap is there by god only could possibly broke without borders as the glue she. has
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been a fierce with the said one. losing money. the tropical climate in the streets of four harvests pay year and with that massive profits soy and corn for export an animal feed. i mean one sixty three is the gateway to the amazon basin at the end lumberjacks money and destruction into the forest. today countless trucks line the agribusiness highway transporting their valuable cargo to the international ports. they pass and enter the sea of soybean fields enormous silos and slaughter houses through one of the largest boom regions in the world growth rates of up to twenty percent business . and the savage beasts is region it was just lived by indians it's just amazing forest.
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thirty forty years just off colonization and it's the most important region nagra business off the country. it's the right place to make new investments to make money. you carol a good part exported to russia china and in other countries. do you see any limits know the limits of the disk i have and the limits.
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in response to the crisis of the seventy's economic policy underwent a change of course new growth had to be followed no matter what the cost even if that meant only seeing the prime and falseness of finance capitalism. these had been contained after world war two because there were hundreds possibility of the great depression and the war itself. monetarism was a new magic word. among them was the idea that if you put more money into the economy liquidity it was cool that additional money in the economy would help really best that would help give a small production that would allow us to consumable goods and we would get growth back again so this little hiatus if you like in the seventy's primarily caused by the oil crisis led to a transformation in the economics of society and in particular how we think about
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right now we think about stimulating growth i. governments deregulated financial markets banks insurance companies and investment funds games and insurance and we're now allowed to gamble with currencies stocks even with people's retirement funds kept there was that lose and the financial sector was flooded with my. divorce a pact with the devil and the beginning of a slow process of self disempowerment in exchange for growth governments relinquish the power to financial markets but who do we mean by financial markets and capital and what does it all have to do with us. the allianz group is europe's biggest insurance company and one of the biggest
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players in the global financial markets. it's been fun felt six hundred million oil whole different from four hundred million figure leaves so see shown at one hundred million for the software c.e.o. in the leaves to see shown leading via foresaw good ones o'quinn nine fifty she went on my country to so first in. the us via some us bit of figure one inch oh and base your pick your own inbox in uk to is it wolf in c. a party for mukesh and the some bucks talked about it's a peon so buy spirit box and investments invested to win it will be in and if to investments in autobahn and when the tulio to take. the summer was more than positive closed in in china therefore also on a show all of some kind of one of the growth. in the developed markets in europe
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and us. they also know new life wants to be seen which we could never knock to a finance if a few of what's in it. does if you puts end to high fashion mission via in so going to in this t.v. the high sheen visteon i saw acts in him obedient it's at the law. as a given in the token fini gun opining given that mia in didn't train and then he can and then who has facts to mean decent and none mukesh who will have to knock and and evade it and the tufted his system to mystique new trick is to stop it going to push it into over that i never was an invoice spent nine as ish mish to me i'd have a torn effects from the forced. thank you sandy six a gothic anointed aiyana will miss he felt he could touch up the subjects to a cold case for cough buys of think hard to see one i thought to. cough pun.
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another of millions of insured individuals is sent on its way to multiply when andrea's group as a team has a rough idea to which countries and sectors the billions that flow they hire an asset manager he determines what stocks or bonds to invest and. most of our clients are institutions what they want is they want their their money invested in the capital markets. our customers expect their capital to be returned they want their money back and they want a return on that game and the bone growth there is another agenda. well why i'm commander just one point two trillion euros obviously it's and in germany we're managing four hundred ninety billion euros of a sense of. the financial markets they have
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a social role in distributing people's savings towards investment and that investment is usually a form of debt so when you get you take out a loan for example to buy a house that line could end up in a bone and we could end up buying that phone so growth is important so that individuals and companies who borrow money in the capital markets can actually pay those lines back. off of this free trade and when he said friend you just. imagine a world with zero growth that's a world in in which pretty much everything gets frozen if you haven't got a job in this new world with no growth bad luck. you're going to have to wait for somebody to retire before maybe you get their job . a society without growth probably won't work at all
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not for long. it would be jerry and to collapse. without growth societies would descend into chaos according to the financial and political elite. but is that really the case isn't it rather the blind faith in growth that leads us to chaos. in the eighty's the world of finance operating from the city of london and wall street increased its influence and governments and societies and became the driving force of capitalism today financial markets not governments determine their wellbeing of anti countries . how did it come to this how could financial markets gain such influence over our lives. one person who knows the financial world better than almost anyone this year at college for nearly thirty years you were the successful
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fund manager on wall street and in the city of long. known of times people much as i was a scientist and i've been offered twenty times in pounds to go and stone wall street in one thousand eight. and i was one of the worst i was the beginning of. how we went into the new era of reagan thatcher and liberal trade the so-called big bang in the city was all about financial deregulation let's go let the market decide and let's hire people and let's see what happens yes i suppose this is really kind of controlled out here which we had before and it was that we walked into where money now talks now money wins and you need people small people to trade the markets and make finance the powerhouse behind capitalism which is supposed to be.
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the plan seemed to work the stock markets built roads no longer needed to be financed by increasing wages and tax revenue now it was all about credit governments and individuals whether take of loans from banks and investors. so that they could be good consumers and thus generate. credit cards come along overdraft so to use lending for houses becomes widely available and it's at that point that explodes that now it's not just the very wealthy have access to all these things consumerism is now people lower down the income scales as well and if you look at money supply in that and supply credits in the early eighty's it just explodes. in access to consumerism and promotion of current consumerism close debt which is
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created the growth we created and where we are today. the cold logic of the market to go over producing winners and losers. one of the people who knew best how to profit from this new logic was donald trump . i really think i have an instinct but i don't think it's the instinct shark i think it's the instinct of of maybe getting what i want or knowing how to get what i want. only if you recognize the profit opportunities in this new era as well as. he made large scale purchases of derelict new york apartment blocks and promised to transform them into next three hotels and apartments to see financing from banks high on the market boom and through the largest tax break in new york city history trump himself had practically nothing will happen is an incredible place where you
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build a huge building in a sold out in a matter of days i mean you know you build a building with literally three or four hundred units on building a building is one of the hottest buildings anyone's ever seen is just selling like hotcakes when hatton itself is becoming a place of the rich period. the genie was out of the bottle and the brave new world of finance or capitalism could no longer be constrained and great efforts were made to set it as a controllable and secure system. the whole industry is based around a kind of illusion and the illusion of certainty there is a vested interest if you like inside of the system is to project knowledge and extra knowledge. but they really don't have any more knowledge than.
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hi in the atlas mountains. village women are fending for themselves as their husbands are forced to find work elsewhere. patrolling coned farm and family is tough with no outside support comet's longer is this way of life sustainable al-jazeera world meets morocco's diligence superwomen. one of the really special things about working for al-jazeera is that even as a camera woman i get to have so much empathy and contribution to a story i feel we cover this region better than anyone else would be for us as you know it's very challenging liberally but the good because you have a lot of people that are divided on political issues we are we the people we live
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to tell the real story so i'll just mend it is to deliver in-depth journalism we don't feel inferior to the audience across the globe. the world's largest oil company fails to become public water tap and. other kingdom the company inseparable here the world's largest oil producer and you don't list in the world's largest stock exchange that definitely felt something al-jazeera investigates the politics of oil the middle east's most potent economic weapon. saudi arab. the company and the state on al-jazeera.
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and i'm daryn jordan in doha with the top stories here on al-jazeera u.s. president donald trump has promised support to the self-proclaimed leader of venezuela. the two men spoke on the phone join protesters calling on the military to stop supporting president maduro who's directly appealed to the american people for support and asked for their help in preventing what he called a vietnam and latin america made out of the arab emirate says the saudi led coalition in yemen has struck ten hooty training camps outside the key port city of the data for fighting is threatening a u.n. backed cease fire deal struck in sweden last month. in the us some republican and democrat senate politicians are trying once again to stop the trumpet ministration from supporting the saudi led coalition the fighting in yemen when yemenis see made in usa on the bombs that are killing them it tells them that the united states of america is responsible for this war. this is not a message the united states should be sending to the world the united states should
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not be supporting a catastrophic war led by our despotic saudi regime with a dangerous and irresponsible military policy donald trump has lashed out at his own intelligence chiefs calling them naive in wrong over the threat posed by iran u.s. president suggested they go back to school after officials contradicted his claims on key national security issues but his prime minister to reason may has met the opposition leader jeremy corbyn trying to find common ground on a deal to lead in the e.u. parliament's given me a two week deadline to renegotiate an agreement m.p.'s have asked her demand changes to what's known as the backstop contentious issue of the border but in the republic of ireland unorganized two boats carrying migrants and refugees capsized off the coast of djibouti at least fifty two people are confirmed dead and many more are missing hundred thirty people were on board the boats the coast guard is still conducting search and rescue operations. top officials in the u.s.
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and china have begun two days of talks in washington they're trying to bridge differences which a push the world's two largest economies towards a trade war the ongoing dispute as seen beijing and washington high taxes on each other's goods. all right so those were the headlines the news continues here on al-jazeera after growing pains that that's what i've enough . we. thank.
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you. you're the view growth of something positive. it's great watching our kids grow up or seeing a tree grow. it we always aware that all growth must come to an end. there's a limit nature knows no such thing as infinite growth this ruth seems to apply to
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every kind of growth but one economic growth is somehow supposed to continue indefinitely. as one person recognized the hundred fifty years ago growth is the fundamental principle of our economic system capitalism only works when the economy grows but calm ochs recognize something else as well it is this growth that will eventually destroy the system itself. and today every reach that point is the system about to collapse from an infinite growth actually be possible. the bloomberg company from new york place a central role in the financial system since the nine hundred eighty s. rumor has provided stock traders and bankers with lightning fast price fluctuations and finance data from around the globe making it one of the world's most influential media companies. around the clock bloomberg news agency in stock market channel broadcast the glad tidings of the free market. our role in financial
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markets is as a provider of transparency i would provide a huge amount of data you should not have numbers on markets on economies all companies providing that chronicle of capitalism tell a story of money vitally important to bloomberg are central to what we're about dollars. economic growth dangerous is one of most important numbers we look for if i say. score on the on the state for the economy steady solid growth in financial markets do usually reflected in solid growth. in economics in demand in jobs markets reason is that people feel wealthier if you look at the text books there should be no limits to growth but if you look in the newspapers at the moment you get the feeling there is or is a growth in the central question now is whether we're in a cyclical slump or there's something structural is going on biggest.
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by release of systems based upon people's remains have confidence in the information they're giving out and the promotion. of the ideology in the narrative which finance is based around which is increasingly become this kind of game show croce things. for a period time everybody wins. and then there's you know a number of economists marx keynes and pointed out is eventually all these means go on and the question. to those heavy lobbying by the financial sector on the government to ensure actually that this financial sector growth could continue and governments believe that it was in the interest of the economy because everyone told the monitors and told them that if you had all this liquidity in the system then you must be growing your real economy but actually what was happening within that system rather was that you freed up all this money
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which was then used to bet on the increases in the value of certain companies and certain shares and of money itself in the system and the people who were doing that betting were not only profiting from it but they were also the only people who were regulating the system so it created a huge unstable and incredibly. equal system in which the rich got very much richer really very fast. for decades society has been transformed into an enormous market to which there's allegedly no alternative. the huge sums few in the financial markets scream for high returns and have penetrated every corner of the globe. new ways are constantly thought to expand profits already in the tree is. the road seems to be getting to small for the capital.
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when i was a kid i couldn't afford to fly in an airplane i actually joined the air transport industry before i ever flew in america. today people take flying for granted it shaped the way we buy goods it shaped places people go to shape the meetings between people and different cultures. over the next twenty years we expect the world to meet thirty two thousand new civil aircraft. at the moment around one billion of the people who live on our planet fly by air regularly. the remaining six billion don't yet fly by and it's these people
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who will be tomorrow's passengers and tomorrow's customers in addition for those of us in developed countries who take flying for granted. over the last six yes more than one hundred brand new airplanes. charter. on airplanes and wishing they saw the changes. take them. as our years all fail badly or something to turn the battle back on it and we all got the sense that you are that the world. won't record us how much of what you get the money is not even there but currently we have slightly more than two hundred
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alcohols in china intent and every year in the range of ten or fifteen and you have also want to be zero imagine if everybody a cannot fault. travel expenses even a peasant was low cost the business water a worker is willing to travel by the market is fantastic you can't imagine and i i already seems that this is a sign of that that's why when i look at it every time i'm asking about the perspective of the market i cannot to measure is a dime ation of this market when i have to reference one point four billion which is even more important than the polar of europe but more atrophy means more pollution what do you do about that we made every single effort to try
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to reduce as emissions but if we look at it as a social benefits and has economic benefits as a nation in this true bring to it if you manage it and then people may think differently. we. are trying to make as well as smaller and smaller. to make it to a real village. for decades growth was kept on life support with debt only if you had the courage to
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say that the party couldn't go on forever but no one listened to them. in september two thousand and eight the time had come the house of cards collapsed it's a black monday for the american capital market despite dramatic rescue efforts over the weekend all efforts to keep the world's fourth largest investment bank alive have failed lehmann brothers is shutting its doors for good it's also i think a necessary part of the cleanup process i mean we knew it was weak we expected to go it's not going in the way that people expected it to but it's gong. to. the long run i'm confident that our capital markets are flexible and resilient can deal with these adjustments for a long time so that. there was a deep shock in the system that was a sense of my goodness we can't let this happen again governments have to have
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a better handle on this system and for a while there were attempts to do that it lost it probably a matter of a few months in fact by the end of two thousand and nine and into two thousand and ten. the very same companies been responsible for some of that disaster was still engaging in those same kinds of risky trading procedures that for a while had been stopped in the wake of the crisis we learned a lesson but then we forgot it again. the financial crisis was a huge opportunity for governments to free the world from its dependency on financial markets and to change the system. but they wasted it instead they did all they could to revise the old system spending trillions of dollars to save the banks . then something incredible happens the banking crisis miraculously became a sovereign debt crisis drive the debts became public that governments and the
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citizens are subjected to a sturdy policy is under which millions of people suffer to this day. thanks and stock markets however keen to demonstrate a sense of normalcy as soon as possible in reality nothing is as it seems kept the business survive the crisis that no longer functions like it once did. even though it's not as busy as it used to be this is still the center of capitalism you can look at all the tourists who are outside the building taking pictures they all still believe this is the center of capitalism it's a symbol of something it means something to them. and said i'm sort of like the weatherman for the stock market i come in every day and try to figure out what's going on in the stock market i talk to trading desks i
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talk to analysts i talk to people who know a lot about the stock market and i go on the air and on the internet and explain what's going on. remember the s. and p. five hundred is down one and a half percent this month you have very clear market leaders and the reason we've had it is because of better prospects for earnings in the fourth quarter remember what the market leaders have been energy tech events lagging today energy tax and banks that's interesting there are mixed. opinions but you know if i may just change crowd are. human beings want stories they don't want an endless list of numbers nobody is impressed with a list of numbers they want to know. what's going on tell us in plain english what the markets were doing and that's the real skill set and often that's not easy because things are very complicated. people have always claimed that capitalism can be evil and capitalism doesn't help people i completely disagree
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what i see in the last hundred fifty years is millions of people have been lifted out of poverty i personally am a true believer and still believe that the system works well and i'm committed to that system. at the underfund and the new york about the van and that far from two thousand mention of the market. committee of dimensions in time to get attention because you're going to just fall into a dozen shots which tells me it's not. as a hellish defense hard enough i was in this in one of the new york stock exchange this is a list the average i was in was first published it. is in this it's the machine just about wins. three or acting cause the deaths have just eaten by the into name in me a given of every all chuffed not been given and is going to name well then. let's
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come on the awful scene and be among the hostages have been known to the i love village often belzer if you have been in long outside but it wasn't on time a while kind of talks to me getting tied to given a sinking truck since trying to balance because of dr mark police towels one competition one day. up. i think will be seen over the last few years is cracks in the in the shiny surface of capitalism. and a first that's what they look like you know they just look as they say something not quite right on the the way the light reflects off it and as you look more and more closely. you see this you see that these cracks gay rights of the heart of the model they go right to the heart of the basic ideas of
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capitalism. capitalism is to work. the system deliver what it promises. providing growth jobs and prosperity for all. the on both sides because your new smart factory in the seamlessness just. little torn off. in the middle on the couple of your income and she said often you're. not really sure there's always a few just like you're in study of a couple three feet would be hard but in light of the slow. down on a lot of. unix boxes indian is busy and all but that's a nice feature of the bend us on the on the bad insulted if i don't understand.
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this is all fine not talk as it's box that was on the top is that in the book is that's come mostly fresh lease. ever since the industrial revolution machines have been replacing your labor thereby causing great societal upheaval it's. but until recently they had only replaced the physical labor of humans. now machines are capable of doing what makes us humans unique they are able to think it's a completely new chapter in human history which will have massive consequences on how we live and work. can technology thanks watson can. i be i'm wanting is a technology unlike any that's come before because rather than force a human something like a computer watson interact. such humans on human terms. sepsis twenty students is among the dim because cockney tees off delhi stunt this jesus
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team and off the company. and dom it's going to stop kids and kids i mean so i can system in how to buy something langston imports in full view not find that the disc is something contexts into the tube in heaven into system begins. when time goes entirely deceive us also did not have hospital was just him all talk and on to it. if you're interested in checking it that you're a spectator stand evolution's it makes this whole notion take great great gesture. as well as picture the rights of a mystery mission get guess who can be able to do it the right people. is to get it to me michael himself role to interact with thinking i'm showing. you visit me stop by and zoom in on a farm said bob so shuffle and getting tired here i can finish my work. then never
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get off the indians i nuclei t.v. ted sometimes it's building on and just how true in extremis affair next to him is previously. in the future agribusiness and robots will be able to carry out nearly every would seem to ask previously from place. of jobs to. these new technologies like the kinetic growth but like much in the way of justice and that could endanger capitalism itself. who will be able to access all the nice things mass produced every day and there are not enough people who can pay for them with their wages.
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in financial markets algorithms have long since been running the show computers interact with other computers and fractions of seconds without any human input. in this room that's what we do here we have an on off switch right was there's really no human in our bench and i really don't believe in leaving the room and letting you know something trade unintended it's about being there with the creation you know you've worked on. you know even if i don't i don't know you don't control it but you watch it is it doing everything they designed it to do . there are many mathematical models that come out of fields such as horse betting that are used and are business as kind of fundamental pieces
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of algorithmic trading we somehow project and then our couple this society this idea that that this is a safe environment for people to build up their rear tire meant top is actually a hyper competitive environment and. depending on the product there's there's you know sometimes i feel safer going into a casino than trading certain products in our space i mean. it is a very different world than the way it's advertised to the general public. financial markets out of control and no longer have any connections to reality why the algorithms and robots produce growth they only provide work and prosperity for a few and it's this growth that's destroying our future on the planet. the signs that something has gone wrong with the
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a system that's become impossible to overlook so why do we consistently ignore them . this is for t.v. the network was always stuck together for your. time trusting a lot better now than i was before i did tell it you know because they they even hire you style you know to me. you guys look like so you obviously don't know what i'm talking about but you know this is a really nice quote i call it what is the most powerful name in financial television wall street week his back yes the news guy bridge actually purchased the rights to wall street leaks i view myself as a capital artist again this company that i've created is my canvas. i know you guys in the media don't like capitalism but you know someone's had to pay for the camera and the microphone so i mean at the end of the day the capital system is the only system that we've been able to design that works. let's talk about growth ok
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there is a perception right now in these elitist academic salons ok now we're not going to grow anymore well that's just flat out wrong if you study five thousand five hundred years of human history we know that human beings are designed to have great intellectual curiosity and to innovate there are so many things that we're going to do over the next fifty years is going to shock everybody in terms or keep ability we're going to poll asteroids down from the asteroid belt or low to platinum that would be where the first trillionaire comes from we're going to unlock the ability to stop aging or destroy cancerous cells in our bodies all of this innovation is ahead of us and there's a tremendous opportunity for growth. this a sense of desperation so this strategy that we don't want to base
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a realistic in the world we would much rather have. you know a total fantasy for our guiding star we would like to have this vision that we don't have to think about detailing christ we have to think about making grows even stronger we have to go for it we have to make america great again we have we can all be billionaires we can all we have property and of course it's a little asian i think it goes back to exactly that same simple basic fact we live on a finite planet that there isn't the space for the dream of this reinvigorated the regs fetich this is. we live in extraordinary times our world is becoming increasingly complex. and many are disappointed to find that they are worse off than they used to be. and instead of doubting the economic system they turn to those who have profited from it the most those who continually promise new growth. for these empty
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promises more and more people are apparently willing to sacrifice democracy peace and then violent. capitalism is reached a new level of escalation but it's no longer suited to the world we live in. it's and it's closer than we think. we've got size of some quality weather coming into the middle east over the next few days still a little more cloud over towards afghanistan just around that western side of the himalayas and it's bases of right sleet and snow for a time bankable struggling to get to around four celsius as a result of that but down here we've had some of the largest showers longest spells of right and some snow recently but have been pretty chilly winter that's going to
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easter as we go on into friday further west where we have got some more the wet weather just spilling out to turkey for a top cyprus in the mix will be some wet weather coming in here and will make its way a little further east was fizzling out in the process more snow the over the turkish mountains but the rounds that eastern side of the med generally fine and dry by friday eighteen celsius the full beirut. warmer that's culture we say full kabul around six degrees celsius which is starting to pick up in baghdad and also in kuwait city so touching twenty one kuwait city temperature picking up to here in doha getting up to around twenty five degrees a little bit of cloud still a possibility of course that western side of saudi arabia for a time as we go on into friday as you can see there harkening up to twenty seven degrees largely fought a dry across a good part of southern africa but still a few showers to the east. whether online. when you're for them. or if you join us on the
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set all of us have been colonized in some form or some fashion this is a dialogue talking about. you have seen what it can do to somebody people are using multiple drugs including a funnel and some people. everyone has a voice send us your thoughts here twitter and you could be on the story and join the global conversation. we understand the differences and the similarities of cultures across the world. so no matter where you call home al-jazeera international bringing the news and current affirms that matter to. al-jazeera.
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just as in venezuela fill the streets to call for president maduro to step down and to show their support for the self-proclaimed leader. well i'm daryn jordan this is al jazeera live from doha also coming up u.s. politicians renew their push to end the country's support for the war in yemen. president trump it's out of his intelligence chiefs calling them naive and telling them to go back to school. on a brutal chilled sweep through parts of the u.s. midwest and what's being called the region's worst freeze in a generation. venezuela a self-proclaimed leader says he's had secret meetings with the country's security forces in an opinion piece one guy door said he needs the military support to bring
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about a change of government president maduro is under pressure to step down more protests were held on wednesday with the aim of forcing him out a lot america at its honesty and human reports. thousands of in israel and sam took the call to hold a midday protest carrying signs that read we all have reasons. they're demanding the president nicholas mother to resign a transition government and you elections. we cannot stand it anymore can't stand it anymore to have gone from being a rich country to one where people starving and a fleeing. opposition leaders say five thousand similar protests took place simultaneously nationwide these gentlemen came from baghdad which is venezuela's largest slum to take part in the demonstration with their own reason and the reason is in their hand it's this money they say it's absolutely worthless this is
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a weak salary but only by a half a carton of eggs with it. one week ago the opposition controlled national assembly proclaimed deputy why they all but miss weyland interim president in close consultation with the trumpet ministration. distance then the u.s. and most of latin america have joined forces to try to push mother out. wednesday while those appointed charge of the fares in washington met with u.s. officials to iron out details of confiscating venezuelan oil and gold assets to cut off all income to the mother government. but at a military base battled president's response was that he won't cave in to pressure ultimatums or blackmail. like i've said in the face of these circumstances of imperialist threats of acting like a buffoon we need nerves of steel and sanity and to mobilize your conscience with much military mobilization repeated he's willing to dialogue with the goal but says
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the opposition's non-negotiable demand early elections is out of the question. this is mexico in europe why attempt to put together a coalition of neutral countries and organizations including the un to attempt a negotiated settlement to the crisis but it's an option that the opposition seems unwilling to entertain as they with the help of the united states push to precipitate downfall. al-jazeera caracas where the. political analyst. conditions to talk are likely to be accepted by guy though. well there is a man who saved the day or he has repeated the but he's planning chorus he's willing to take part in a negotiation process but if we see the condition but he said today i think this is unacceptable for the opposition he said but he's willing to take. to make
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a run for the party that meant if the problem is the parliament the national assembly michel actually save it so it doesn't look at like a gin when we link who participate or to enforce a summit ballot process line when the opposition is very clear of what they demand big demand the presidential elections because they can see that what is where it is the model in his government the big problem but has taken the country almost complete crisis. i think the biggest problem for the county after we have seen this action from the us and there is didn't put itself. to increase my pleasure i guess my google is all of my google groups or the economy and country scenes because after sanctions. all the sanctions because it would have big problems we import the food and fuel so i think that what we will see it's a crisis a humanitarian crisis in the country we are not fooled by the world cup in. our
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civil war or something like that doesn't appear to show but we were out for sure but people were shouting for a bit more government it's a big web of cord out without money this quote up from skim or not what if essentially anymore but the most important and this is what i think the usa concede that if the economy golf. course people would start protesting more and maybe the out of me would take a stance against or it would be indifferent or not follow orders he says i think the bit about the u.s. and international allies are making the hard line it but as i say there are people living to manage their lot and there were suffered a great. fear out of the arab emirates says the saudi led coalition in yemen struck ten who the training camps outside her data on wednesday there's a more fighting around the port city of the past few days threatening a cease fire deal reached last month's u.n.
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special envoys in her data trying to preserve the delicate truce but u.s. politicians are not giving up on their attempts to end their country's support for the saudi u.a.e. led war in yemen the bipartisan group announced plans to resubmit a draft resolution that was passed by the senate last december that was blocked in the house of representatives. late last year i had the opportunity to meet with several very brave human rights activists from yemen urging congress to put a stop to this war and they told me very clearly when yemenis see made in usa on the bombs that are killing them it tells them that the united states of america is responsible for this war this is not a message the united states should be sending to the world the united states should not be supporting a catastrophic war led by a despotic saudi regime with
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a dangerous and irresponsible military policy don estabrook has more now from washington d.c. . well this resolution has a much better chance of passing than it would have a couple of months ago when a similar resolution was introduced in the senate back in december a bipartisan group of senators led by bernie sanders introduced a resolution to end u.s. involvement in yemen it passed but it didn't even make it to the house of representatives for a vote because the house at that time was controlled by the republicans well since that time the democrats have taken control of the house so this measure would have a much better chance of passing now the sixty thousand dollars question is whether or not the president would veto any kind of resolution that would come to his desk there's a chance that he might but there's also a chance that congress would override that veto right now there is distaste in the
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u.s. senate and in congress over u.s. involvement in the atrocities that are going on in yemen and additionally there's been outrage over saudi arabia's involvement in the murder of journalist jamil shogi so those those two things could provide impetus to get this resolution passed in both houses and could put pressure on president trump to sign it united nations humanitarian chief has repeated his warning of a crisis on the syria jordan buda if there's a military operation in libya local kids calling on the warring sides to let aid in to the makeshift refugee camp just outside jordan and they'd come by would have been next week to security guarantees from russia the international coalition in syria. some forty two thousand people remain stranded in rock band along the syria jordan border conditions in informal settlements have continued to
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deteriorate since the last humanitarian convoy to the area from three to eight november eight infants have reportedly died since last month again the cold is making the situation even worse so it's critical that the parties support a second convoy to rick then the u.s. president has called his own intelligence chiefs passive and naive and suggested that should go back to school donald trump's comments came after officials contradicted his claims on the key national security issues but still hanging as a story in washington d.c. but american leadership is absolutely essential this doesn't usually happen the republican leader of the senate introducing an amendment urging the president a member of his own party to change his policy and not change the level of u.s. troops in syria or afghanistan so what we must remember mr president is how hard
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won these gains have been. for this progress of us not be to take our foot off the gas pedal but rather to keep up those strategies that are clearly working. this followed another highly unusual move the president's own intelligence chiefs telling congress tuesday that their boss the president of the united states is wrong along and north korea not going to give up nuclear weapons on iran not actually violating its nuclear agreement i still isis will continue to be a threat not really defeated and the southern border not mentioned not a crisis the president was not happy and he took to twitter to call his own officials extremely passive and naive and in another tweet suggested perhaps intelligent should go back to school. for two years this is a president who has mostly gone unchallenged.

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