tv Venture Capital RT September 22, 2013 8:29pm-8:46pm EDT
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q.e.d. what happened was there was a market sell off a similar thing happened in spring two thousand and eleven in two thousand and twelve the tourist operation happened exactly in a similar situation we are doing eighty five billion dollars a month what is the emergency of doing this there is no reason for doing this in two thousand there was a quantitative easing going on of this scale i mean i certainly do not remember this kind of massive quantitative easing going on if there is any sort of a need for this going on for traders or like you said before you've got to love this market or you're just going to keep doing it and the markets and the real economies are two different things completely because market is at its peak but whether the economy is that no not at all because we have a growth which is literally very very fragile and then they're fed they wanted to keep the kid on steroids and they want to keep pumping thank you. thank you
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for your time today very much appreciated. greece enjoyed a five day strike this week by public sector workers protesting against tough spending cuts and job layoffs and to make matters worse the country's prime minister said that the country will need another six years to return to pre-crisis levels. already received. aid packages worth two hundred forty billion since twenty ten and is expected to receive a third rescue package of ten billion euro so we got to see catherine off she's in athens this week for us to tell us all about it now lucy good to see you just can you tell me what are the protest is actually wrong. hi there katie what the protesters say that they want to preserve both their lives and their livelihoods six years of consecutive recession here in greece has certainly taken its toll the latest round of fights is a response to new austerity measures imposed by the government in order to rein in spending in all. fecht up to twenty five thousand jobs here in greece with
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thousands potentially laid off or redeployed what this means is that a lot of these civil sector workers might either be forcibly moved to other positions against their will or will have to work and reduce our way is not this is something that they say is completely intolerable for them not just because it is a painful economic measure but because of the cost of living here has gone up they've already been dealing with up to forty percent reduced pensions and salaries and they say that these new cuts are just too much for them to handle and it's not just civil sector workers teachers remain actually off the job we've seen doctors walk off the job as well and of course it really is something that they say they're tired of they feel like they're paying for mistakes made by the government and by big banks and they don't want to be the ones who are paying that price so you see is that. the government and the banks who they directing at exactly.
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as well as the eurozone to i mean we've heard different varieties of opinions on the ground to some people feel that it's the government's mismanagement that's due to to to blame for their problems they think that austerity measures isn't a necessarily the only thing that the government could be doing but at the same time when you actually talk to people about what other options the government has no one can really come up with a solution all they know is that they're tired of being the ones who who are basically seeing their quality of life go down seeing their salaries go down we have to keep in mind also that this is a country that has a record unemployment staring thirty percent two out of three young people are out of work people who do have jobs like some of these civil sector workers have found their pensions have gone down their salaries are being cut and while they're not exactly sure who specifically is to blame for this they know that they are tired of it but one thing actually that we noticed what that was a little bit surprising is that the turnout wasn't as strong as it was in the years before and what that signified according to some of the people that we spoke. as
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a lot of greeks are frustrated with the situation are really becoming resigned to it there simply isn't that level of hope and optimism that that feeling that perhaps taking to the streets will somehow be heard because again as you mentioned two bailouts already possibly another one in the works they simply don't feel like either the government or the euro zone or the european lenders are hearing their voices lucy kasnoff there in athens giving us a real insight into the resentment being felt by the people on the streets in greece i caught up with the head of socks the bangles christensen when else to the problems of the eurozone are what needs to be changed to solve them some fool. but the euro is a major drag on growth it's it destroys economies it has destroyed several economies already zero very close to and it will continue to do so so the really sure they has to they have to deal with this how. do we slowly but surely change so you are from where it is now into something that either works all its dismantled to
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some extent right to make it work you have to make a full scale economic foundation on the fit in my view that's not going to happen i don't think should happen i think europe is better off with competing economists and their respective of what i think i don't think the populations of europe are ready to have to accept that full integration so that leaves really only the other option which is to smale the euro that this missile you mean exploded into seventeen old crosses but it does mean that you cannot have police and portugal and germany in the same currency union it simply will not work whether that means to us a three year or so ten euros or germany leaving the euro and leaving the rest to battle it out in a little bit more benign environment i don't know but but something has to happen because it cannot continue on its console mode and you will never see growth in europe again until we dealt with that problem now what we are to this problem they seem to be europe having a banking union and that all steps being made she put that in see progress is
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this the also the. my view of ten countries in europe in the e.u. or in the you will so right now many of these countries have specific you said no saying here to being in the euro so. and introducing the fact that the bank union is in effect introducing all the bad things from the euro zone through the backdoor so it's it's not only very very small but it's also very undemocratic because it's in essence what what people have said no to already the banking union is the next iteration it's not in the first world will be that this is so derek so i dare. between europe for the week which means less than you are you've got a weakness from bridge to support. and this is just not the way to go for me the banking union and i hope it doesn't come to pass but if it goes in the coffin for the eurozone i don't foresee beginning to then also involve countries why should
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they have to stay out of the euro zone. ok culprit is time we're going to get stuck amos something small k. girl's best friend you know that crosses diamond mine are also out in the world so produced by our place in paris is reportedly planning a chef sell this. the government passes so forty percent of the company says in moscow in the privatization deal which is bid in the war. two thousand as a company sees its valuation between nine and fifteen billion dollars. the biggest russian instant pay which thank you we are already trading on the nasdaq is to hold a secondary public offering stakes of what i've achieved hundred seventy million dollars will be sold by its founders and board members as well as by mel who were. the russian broadway's company is a day has reportedly applied to price segues in the greek national rabbi company trans i see these towns as a part of russia's and this it is to support friendly green this complicated
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economic state according to the russian government speak about it's. ok we know that the side made their decision this way we'll talk about it and that meant the global markets so let's go back to mr solmes almost all in-house investor and see what he was up to and if you actually want is to benefit from there on a bench or so what have you been up to well actually katie i did benefit my friends down at the federal reserve i must thank them for not tapering that a stimulus but basically what that meant for us here is that you know energy is what all across the board and if you remember i stayed with energies in fact my notes i've got a big happy face on the. go. three percent and lukoil both one percent which means i gave it this week also if you remember i stayed with agriculture. they didn't lose money they didn't gain money traded flat so it didn't really benefit me much and but i didn't lose anything so overall i'm up one hundred
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eighty five dollars this week for a grand total of nine thousand four hundred sixty three dollars down almost five hundred from my original ten thousand but still i gain this week so i am a happy happy man you said the first time investor that's all bad bank come on this winning streak what's going to happen next week you're going to keep it going well yeah of course you know like with energies and oil why change a good thing so i'm going to say well as they say in the gambling business i'm just going to let it run however i now actually i'm going to get out of agriculture though because it didn't do me any good and ready for this i'm going to get into the potage wars i'm going to enlist i'm going to do my part to see what i can to gain some money off of this craziness that's happening and here's why euro calley is surging there up nearly six percent five point eight percent so i'm going to try and get in and see if i can make some money off of this chaos right now you show us some. of that and this will. sell on
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the boston stock market. thank you all for today's events have to next week though all the insults even taken so on the ride to the international summit for us to join in that if you can. the mcmillian family canada has decided to fight time itself and keep their family trapped in one thousand nine hundred six sort of like new age only for one. not their whole lives so to live in one thousand nine hundred the family forbids the use of any technology developed after the mid eighty's they want their children to experience the world they grew up in when you had to read books and if you're outside no one could call you and there were no tablet computers to stupefy children at a moment's notice as a paradigm some sympathy with this idea because i like all of you have seen the
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technology is dumbing us down a lot i mean how often do you have to memorize a phone number nowadays and we've all seen bad parents just sit their kids in front of the technology and ignore them to chat on facebook about what they saw on netflix but on the other hand for the first time in human history you have the power of knowledge at your fingertips there is an instructional video to do anything you want on you tube and getting basic information on any scientific or historical topic is one click away if you find the idea of the self-made man romantic and now is your time because anyone who has the will to learn can learn you know i don't come from money without the internet i would definitely not have this job and i'd probably be worshipping at the feet of rush limbaugh deluded by the mainstream media modern technology can make your mind with information or break it with cat videos and dumb trendiness but that's up to you and this is just my opinion.
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what is the true goal of the surveillance state since the start of the n.s.a. scandal much of the attention is focused on government agencies and the deceptions and outright lolis of elected and appointed officials but what about the communications service providers have paid in the name of the people voluntarily surrendered the right to the pipes. clearly they were just at the wrong place at the wrong time. and sold to the u.s. and turned over to the u.s. for. the soul that could be buried alive. was saved with great over. and they wanted to turn me into a terrorist so it was they wanted me to admit that i was
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a member of al qaeda and the taliban that i fought with them. was not about time i didn't even know what al qaeda is nevertheless there are people all. brave enough to start a fight. or something is going to be done that's going to be done by me i have a short amount of time to do it but it's going to impact me i'd be prosecuted but it's going to impact. the wife my daughter. the one time a trap. on r.g.p. . you have to understand that snowden is wanted by a major country a superpower the us government to pick you. know the other capabilities that america has can pose a serious threat to. cut
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sixteen degrees in holmes means a sixteen hundred cameras for saudi arabia and qatar al-jazeera would be in homes town square tonneau shelled a rebel slogan for five minutes and get paid in cash by the saudi u.s. networks which can then show this country's entails highly skeptical of the c.n.n. and b.b.c. versions parliamentarian nick griffin went to see what syria was actually like he found it fitted to different light quite normal. to get it. out explaining that. this is the rules are that there is still a wall being waged against these people taken to an obviously and has been even effect as well. he said i think he's saying the last few minutes just. enough to stop some people. most likely these nic joins us now great to see you
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sir where the saudi will hold these or u.s. backed al qaeda is this forward driven it clearly is for injuries and. i mean just did an interview with a rebel who was a suicide bomb killed who still believed he was in a ripple hospital. because injuries and so on and so i asked him posing as a british jihadi volunteer i asked him will where he going to go once he concludes syria and quick as a flash he comes back and say we're going to attack iraq we're going to attack america because they're the real enemy you know watkins when a bomber gets enough congress the pull to bomb syria the u.s. attack on syria will drag ain iran it will drank in israel even the egyptians have said that the probably struck close this the suez canal if the straits of hormuz are closed as well then the oil will go up to what four hundred dollars a barrel almost overnight which will snow.
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