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tv   [untitled]    August 12, 2021 11:00pm-11:31pm AST

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ah al jazeera, when ever use all the news hello nor entire london, the top stories are now they're kind of bad. see control of more major cities in afghanistan goes me, which is just 3 hours from the capital. became the 10th provincial capital to feel fall in less than a week. they also claimed her at the 3rd largest city, and there's also fierce fighting in the countries. second biggest city kandahar advanced seems to be heading inevitably towards cobble. charlotte bellis is there. with more on the battle for her out, it is a huge price, as you said,
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for the taliban and the 3rd biggest city in afghanistan and a huge loss for the government is the biggest city in the west. and. and they had tried very, very hard to hold onto it. they had empowered, the former governor of herat, his name is male hon. to create a local uprising movement who had worked with the special forces using it strikes also to keep the telephone out. but the taliban breaking through this evening. it is not the only place that the taliban claiming this evening. they have also claimed a province near that. and the wasteful bag geese was took to local journalist fear that said heavy fighting has been ongoing in that province. that they are a police, an intelligence compounds have been captured, but there is some heavy fighting and the government compound, they're not entirely captured by the taliban. but certainly on the cost of going there is also heavy fighting in kansas city. now that is incredibly important because it is the 2nd biggest pretty and f dentist on it is the birthplace of the taliban. they have been fighting incredibly hard to get and the government has seen
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a lot of the most elite special forces to keep the telephone out us. it strikes have been ongoing there to, to try and, and push the telephone out for at least a month. but they, they managed to get into the heart of the city today. the u. s. is moving 3000 more troops to cobble to help pull out at embassy staff from the capital estate department spokesperson. the price says, the embassy will remain open. that's not true. this is not a full evacuation. this is not a ration that we're in, and i think it's a very important distinction between planning and contingency planning. right now, we are, the embassy remains open. we will continue to have a diplomatic presence on the ground to fulfill these important functions. now, of course, the safety, the security, the welfare, the well being of american citizens serving overseas is of the utmost priority to
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this president. so of course we're undertaking prudent contingency planning. that's precisely what we did to lead us here today. international and boys have released the final statement after a 3rd day of talks in doha, on the kind of stone crisis. at the meeting was aimed at getting african government and taliban representatives. back to the negotiating table. the invoice urged both sides to accelerate efforts to reach a settlement and cease fire. it was a raised grave concerns over reports of civilian casualties and extra judicial kennings pose, a closing in zambia, where a long queues of people are jamming voting centers. the high turn out indicates a tight race between president edgar lou and his opposition rival. i came to heat you. lemme pose mentos 4 hours ago because i'm the law allows, there's already in the queue to vote so. but as millions cost the balance, i can say social media platforms have been restricted areas observing 3 days of morning after the number of people killed in wildfires raised to at least 69.
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government is appealed for international help to tackled raises authorities. but many of the fives was started deliberately. rain has brought some much needed relief to firefighters on the greek island of via fires of scorched the northern half of the island. the country's prime minister, called the destruction the greatest ecological catastrophe, greece had seen in decades. and a cargo ship is spilling oil into japanese waters after breaking in half a crimson polaris run aground. while sailing inside at you know, a port it managed to free itself, but then saw the crack which ship apart all 21 chinese and filipino crew members have been rescued. this is up stories. growing pains is next asking why we're so obsessed with economic growth. that was more news after that. thanks for watching bye. for now. i
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me. if you grow something positive, it's great watching our kids grow up or seeing a tree grown. it we always aware and all grows must come to an end. there's no limit. nature knows no such thing of infinite growth. his rule seems to apply to every kind of growth but one economy grows. some are supposed to continue indefinitely. we believe them, and now there are no limits to growth and human progress. when men and women are free to follow their dreams and we were right. if that drove pains to
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materialize, we panic. but why? as one person recognized 150 years ago, the growth is the fundamental principle of economic system. capitalism only works when the economy grows. but callmax recognize something else as well. it is this growth that it will eventually destroy the system itself. and to day after we reach that point, it's a system about to collapse from an infinite growth actually be possible that governments don't want us to even question the g word. they don't even want to put a discussion around grace. if you were looking at this from the outside, it an alien arriving from outer space and you're looking at this society, you would really wonder what was going on. what are they doing? what, what is this growth that has to appear in every political sentence and is the basis of every economic textbook? what is it all about?
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is it a, is a religion that they have is the god they're chasing? is the virus that taken over them? and what is the visceral fear that emerges as soon as grown up to go away? i use the social on of bucks to come this guy, mr. game and i definitely don't engine the available model 11. okay. even talk back
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to me in the, in the both of us back soon stalled to still just to me and spine and i see me. i see you still to flex them. and what do you think luxury politic, fussy near to look sort of, but the women and, and because of foot mediums the politic shamikan con once later, the system a veil on but is alone his mention of these blood, nathan, give the produce mr. hub. vip is back to him, a, how did us for english, one of in the above the district of i, where does this shape believe in economic growth, cultural as it always been there? is it really part of human nature? all the
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imaginative use of mass production methods that us industry was able to perform its war time miracles to build more planes that all the united nations put together to turn out ships at the rate of $200.00 a month ships which carried overseas. the arm, mice of the united states to decide the outcome of the war. the success story of economic growth began during world war to mass production of tanks and aircraft, let the american economy out of crisis. the output of military equipment was now calculated by a new statistical measure, gross domestic product, or g d p. if production and i e, g d p grew. and so the prosperity americans believe so fell me in this new formula . they compelled the allies to bring the kinetic policies aligned with it. from that, it wasn't people's incomes that counted, it was only gross. and it turned out to be such a useful measure actually for the war effort and for understanding the war effort
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that afterwards it became the single most important policy number across the world. the kind of symbolizes progress to sort of fairs, while things are getting bigger. so they must be getting better. that was the birth of the g, d, p. in the 3 decade after the war, the width and economy grew up to 8 percent annually. in the u. s, they called the golden age of capitalism. in france, they were over 30 years in germany with the economists, america. an entire generation enjoyed material prosperity and full empire. and it became engraved in the collective caution. even though these high growth rates are only made possible by massive water destruction, to believe and growth with now and stuff about g d p became the most important benchmark in history. the
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and economy, the grace of the economy was doing a good job for us 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 with a very, very poor undernourished people living on less than the price of a skinny lot, a from the cafe downstairs and that say that's a situation where growth makes some sense. but the idea that as human beings or we won't ever is more, more stuff doesn't really stack up. so after a certain point, you have to ask yourself, how much is enough, how much, how much more do i need to grade the economy to satisfy human appetite? i. 900 seventy's. so growth rate, think for the 1st time due to the oil crisis and other factors. the boomers over
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the market saturated western economy, stagnated. millions suddenly found themselves unemployed. it was uncharted territory. for the 1st time, the limits of girls became visible. he could mclean, socially and ecological, and we do have some understanding about growth in 1972. a group of color commissioned by the club of rome, presented a report to washington, entitled the limits to grossly using a computer simulation research that mit had calculated for the 1st time. what continues economic growth would do to the planet they're finding, set off, alarm bells around the world. when resource consumption is doubling every 20 years . for the 1st time, people were confronted with effect that economic growth could also have negative consequences and at the planet. natural limits would soon be reached to growth. we've witnessed the success story of growth was in crisis. we reached levels of
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prosperity which carried the seeds of disruption and necessitate a complete re look at the whole world social political, another situation. a couple of realm reports or 30000000 copies and became a global sensation. and yes, doing this kind of themselves came under a tech that calculations ready cried as irresponsible fear mongering because it's impossible to admit the unacceptable success story of growth must continue. ah, unfortunately, many of the scholars predictions turned out to be right. and in many cases, reality human surpassed the predictions. oh, test the covers room reports were causing an international opera. the brazilian rain 1st in the amazon basin,
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were still nearly untouched. the huge brazilian state of much abrazzo, largely populated by indigenous people consisted of forest and 7. today. not much of that is left. since the mid eighties, progress aided by national investors has been eating away at the rate for 35 football. she has a forest disappear every minute. it's been the same story over and over again. lumberjacks moving for then cattle read us. and finally, the story being very very low. this one at one point is containing, as is mutually shown went on his own getting we shall not approach coming in that way up there at the school of hannibal as you live in god, god fall out unless you don't flee the society of my african
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e e, i wish it dances, for example, keeping the venture doesn't seem percent there. has there been ad did s s i is the g of has been slight blue than the merely meant them. monday. my story numbers on last monday. see if your cup down much and i'll walk in and i was mark cash at the gap. it is there. if i got the bossa brookwood, i thought the best, the glue she has a beneficial on facebook mice. the tropical climate delivered $3.00 to $400.00 a year and with a massive profit story and carn for export and animal feed, the highway $163.00, the gateway to the amazon base. it was lumberjacks, money, and destruction into the forest. today,
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countess trucks lined agribusiness highway transporting their valuable cargo to their national park. they passed an endless sea of tobin fields, enormous silos and florida houses to one of the largest room regions in the world. growth rate of up to 20 percent big business. the and the 70 these region, it was just applied by indians. it's just amazing for 34 year just off colonization. and it's the most important region in agribusiness of the country. it's the right place to make new investments to make money cattle. a good part is exported to russia,
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china in another country. do you see any limit? no limits? probably this guy hasn't the limits. ah, me, ah, in response to the crisis of the seventy's economic policy underwent a change, of course, new growth had to be found. no matter what the cause, even if that meant leasing the premise for finance capitalism. ah, these have been contained after world war 2 because they were responsible for the great depression. and there was so the monitoring with a new magic word administrator was the idea that if you put more money into the
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economy, liquidity, it was called that additional money in the economy would help really investment that would help give us more production that would allow us to consume more goods and we would get growth back again. so this little hates us if you like in the seventy's, primarily caused by the oil crisis led to a transformation in the economics over about the sciences. and in particular, how we think about grace and how we think about stimulate the government, the regulated financial mark, bank insurance company and investment funds, gains and influence. and we're now allowed to gamble with currencies. even with people's retirement capital was let loose, and the financial sector was flooded with mike. the in it was
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a peck with the devil. and the beginning of the flow process of test is empowerment . in exchange for goes, 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? to go to extend managers, i believe the leanne's group is your biggest insurance conglomerate, and one of the biggest players in the global financial markets. it's been friendly for 600000000 oil. different from 400000000 for the live association and the wi fi suffers hill in elim cessation hong league via the itis for so i'll get when so quin yang flip tissue and see con my country to so 1st and thus via so much of your in chon, basic urine infection,
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actually wolfington c practice in nucleotide and, and the some bucks to him to potter 2 pm. so by spoon actin investments oppo invested to one in 1000000000 in foster to investment autobahn and truly how could the to be some modern positive growth in, in china also and asia overall some kind of one of the growth and develop markets in europe and us they also know new drivers to be seen with a quick knocked way for new ones, a coffee potentially on this if you're percent asian mr via in. so going to invest p that should invest in to act in will be in it as a be in the talking to be in, you know, open leading within mia in didn't trend and then, and league and who has faxed to me in decent and none of nuclear,
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to documented and evaded in the chapter, his team or the fax to mr. moore, please. if to stamp it don't it looks it looks good, but i did. i invoice an invoice and 9 as much to me. i innovated whenever to me. first thing. sandy septic arctic anointed yadda, almost like a duncan mounted up this to collage for cost bice, i'm going to see and i enjoyed this collage for cost on the money of millions of insured individuals is sent on its way to multiply. when group as team has a rough idea to which countries and sectors, the billions should 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
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capital to be returned. they want their money back, and they want a return on then kevin growth. there is the return in worldwide income manages 1.2 trillion years of assets. and in germany we are managing 490000000000 years of assets, the financial markets. they have a social role in distributing people's savings towards investment and their investment is usually a form of death. so when you, okay, you take out a loan, for example, to buy a house that learned could end up in a bond. and we could end up buying that bond. so growth is important so that individuals and companies who are money in the capital markets can actually pay those lines back. no, let's pre tray. yeah, but when you turned 20,
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just imagine a world with the euro 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 going to have to wait for somebody to retire before. maybe you get their job. and society with that growth probably won't work at all, not for long, it will be generate and to collapse without growth, societies will descend into chaos according to the financial and political elite. but is that really the case? isn't it rather thereby, and faith in growth that leads us to chaos? oh, in the eighty's there weren't a finance operating from the city of london and was treat increased its influence
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on government and societies and became the driving force of capitalism to de financial markets. not governance, determine their well being of entire countries. how did it come to this? how could financial markets gain such influence over our own life? one person who knows the financial world better than almost any one you had called . for nearly 30 years, he was a successful manager on ward street and in the city of long and i never plans people, scientists and had been offered 20000 pounds to go in stone wall street in 1001 west. after the beginning of o. we went into the new era of reagan fashion 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.
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yes. as opposed to this really kind of control that the say which we've had before . and it was that that we walked into where money now talks. now money wins. and you need people smart people to trade the markets and make finance the power house behind capitalism. which is supposed to be a plant into stock market goes no longer needed to be fine and bank wheezing, rages and tax revenue. now it was all about credit government and individuals where to take our loans from banks and investors so that they could be good consumers and thus generate credit counts of truck facilities. lending for houses becomes widely available and it's at that
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point that explodes that now it's not just the very wealthy of access to all these things, consumers and it's now people low down income scales as well. and if you look at money supply and, and supply credit in the early eighty's, it just explodes. ah, it's in access to consumers and promotion and can consumers close the debt, which is created the growth in created and where we are today? ah, the cold logic of the market over producing winners and live with one of the people who knew best, how to profit from this new logic was done the job. i really think i have an instinct, but i don't think it's the instinct. sure. i think it's the instinct of maybe
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getting what i want or knowing how to get what i want. only a few recognize the profit opportunities in this new era, as well as donald trump. he made large scale purchases of their like new york apartment blocks, and promised to confirm their introductory hotels and apartment. he received 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 build a huge building and it's sold out in a matter of days. i mean, you know, you build a building with literally 3 or 400 units on building a buildings. one of the hottest buildings anyone's ever seen is just selling like, like hot cakes. manhattan itself is becoming a place of the rich period. ah, the genie was out of the bottle. the brave new world of financial capitalism could
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no longer be constrained. and great efforts were made to set it as a controllable and secure system. the whole industry is based around kind of dilution and the illusion of certainty. there is a vested interest if you like inside of the system as it is to project knowledge and extra knowledge. but they really don't have any more knowledge than you to i. i use through share passion for elephant conservation. colleagues had become friends, but with the civil war defending famous now protect themselves, escaping deep into the rain for it all back to the western world. for the elephant
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surviving the poachers is a lifelong challenge. now to them without last or revel militia elephant part, a witness documentary on out to 0, released the height of english football lies and elicit market for the rich and powerful one of the leading specialist. work undercover just years investigative unit exposes the inner workings and key players in the murky underbelly of football finance. some people are going, in addition, has been said that you can make an elephant disappeared. i have many of the exciting brazen example i've seen. the men who sell football just, you know, i care about how the u. s. engages with the rest of the world. i cover foreign policy, national security. this is very much a political impact here. the conflict. how do we grade it? are we telling the good story people, what we're trying to do here?
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they're living outside and make sure this is not the way any family wants to raise their children. we're really interested in taking you into a place that you might not visit otherwise. it's actually feel as if you were there ah, hello, i'm north taylor and under where the top stories are now to 0. the taliban disease control of more major cities in afghanistan tells me which is just 3 hours from the capital. became the 10th provincial capital to fall in less than a week. they also claimed her at the 3rd largest city, and there's also fierce fighting in the countries 2nd biggest city kandahar it wrong seems to be heading inevitably towards campbell. the pentagon, descending 3000 us troops to help pull out embassy staff, charlotte better susan.

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