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tv   News  RT  March 10, 2018 4:00am-4:30am EST

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one of our bills used. to highlight because i just was a job i don't hear of a small brown only gentleness going home coming up with us every shift we did have a missing child we decided to go would be shown how much i wanted to conduct at home this coming back of the book and look who will. do it one cough i must own that were the question it was it was. a muddy is it you are going to end up as it is. well i think i don't really know that much but twenty to thirty years ago. there were two charts there was hutus and tutsis the genocide was against it since . a lot of people called cobra like my dad's. parents and
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his. young man serving still all died in the genocide but he was in for through this before anything happened to him because he moved to canada for university which is where he met my. marrying one million people that died. and. is being nice. to be. here he can learn about genocide. he killed people with. a leech they beat even babies the way killing them in detail nothing is a single thing that touched them or used. in their schools last year here is too quiet because when you're less said. you know by your
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own. i didn't really want to see that part because i think. it's maybe. not really a good thing so it's better to know it when i will know more about genocide it's also important to remember that we care and let this happen. that we care are we can't go back to where we are where we have to keep growing and. experimenting on. you. know no one's going to work to change everybody's round and that's.
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the legacy of the communist era has left i'm assuming a lot of of the legacy waste as well i'm assuming again from my understanding of the soviet era that there was much more of a culture of a reuse and not throwing things away that i think the society that emerged out of that tends to reject so it's a matter of moving back to that. this
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is. a church secret indeed priests accused of sexually abusing children can get away with it literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moved to a different spot where the previous standard was not known highest ranks of the catholic church conceal the accused priests from the police and justice so something that is as old as the eye and then i include how to do. this.
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i got it i don't. know. how quite a few times but now you know. it's because i think well how are you hopeful. kind of what do you know i. can find you don't know. what i'm what i'm doing my gut. level. it's just. you. know i got. one yet as well. i recall a lot of. it's. just that i did she. really looked up but
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equal. hold on the idea about us for a while. before you got it. bad this is what. you did you do. not want to address me right let me tell you but i didn't. have time. to meet you one of which was the one that got how much you could trust me to suspect tell me to tell you that charlie because that's. what we want to know is that. you check through how we move in with you because you hadn't really run your perk up with. me well you know i did enter into again year. two thousand you didn't want to miss you. and i want i want you who doesn't want to
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continue. to get any. ill to my money in the. army to continue. you know someone who knows that. i will not go knock on your gun. when you see what i'm letting on every. week we're going we're not. because i don't. understand. thank you. nice to think it's. still. to come here. for.
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unstated. look to st. louis. you can find out issues around. caroline the solution is to buy a lot of shoes at the beginning of the year and sell them all and then buy more ads in the summer and whenever she would go back to america but now. there you can really buy demi pushes and also via tides and tastes and skirts you karen i don't think you can find them and run does well so you also have to take care of.
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oh you want to business runs in the question was more. because of cool innocent music meet do you think one thing study shows to. pursue with. other humans like a cyclist to. you was a question it's just i mean you know some of. your issue no mission or the small face of such. a truly understand poster who was more focused on words. children's.
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i wanted to go to juilliard school or to. new york city ballet where i can. professionally to become a professional dancer and then come back to start a big brother school like for like the other schools around here if i go to professional school and i come back to be a teacher i plan on expanding the city arts so that because from all places can have the opportunity. to teach. what i'm going to judge that is two points you first you know we're going to beat you should trust you to focus for. our so i don't need you to.
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one of the idea was to ask our teacher to go there for walks out and to ask that you don't want to do a dunce. they can come for the boy workshop it will be free and then it is a different. secret she had good talent for the ballot and then we proposed to help them come at the school because some some to a lot of random children could not afford the lessons it's quite expensive for a normal. salary you know so the idea was to help someone from the children to have the opportunity to. come in the school.
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but i don't have much fun but can you now say this in a commune. cannot create one and then nothing can. be won by the whims of must come to trust you just went down to it now especially if you are perfect i don't quite fit so well but when that meal in. the boy you better deal with for his little for conduct him none here is released and what i deal with most here is just such a speech such as you actually get it you know you didn't let me leave you with those words and the legend but you will move on to home. was an alkie like you watch one up close is really. what i mean it's going to be amazing to know what you mean as we were around the usual two thousand and. nine when i'm not really.
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looking for is i guess i need you know where he. is with his yeah yeah yeah yeah yeah yeah the sorry. i'm only a fool enough to know it did not you know who. would nail. and say. look at the movies come come on you. will be clear you know it tell me what was it but it wasn't the going to kill if you were going to well you know the object in the cable can't give you so much to give i didn't want you don't come loose with fiddle would a close look of egypt's government. so
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much to introduce an idea to so she will mean after all no and she just said humans and in the last i don't recall in the outside need to do even that of corn in a way that i knew anything but with no idea why you what that with you know you ask them why do you wish to start it. is probably easy to do i knew she was mad we will . use those students. who was inside i. know he.
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was. me. thanks and the most important things are my parents my family. and me and also. was a country where i live. and afraid. in the wrong. people are going to die. or. my grandmother is from. oh cockroaches i hate car
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crashes i'm for scared of cockroaches. i'm not really a fan of things was. my. dreams to be genocide in rwanda but no. peace. was. someone i know. was one. that. was. something that was not enough. for.
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this baby and. this on march eighteenth vote with your remote to zante for special coverage of the russian presidential election exit polls opinions real time results monitoring and much more. join me every thursday on the alec simon show and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you then. is a global trade war imminent if donald trump follows through on increasing terrorist and ending existing trade deals it seems very likely after all this was at the very
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center of his campaign for the presidency it was a promise he made me make america great again. done some is not so is not i can quite place is not as good a country. yes it is the minister bunch. of scum. if you could as good at it as a disco that is. just the courage. of the. less sure it was from the checking of christmas. from the muslim of themselves to be the middle. mostly albums forceful. play almost anything from the member for the last ten dots they cut out john fell on my stand on my show does not mean can i be. mr rogers from top make matter how not it came. from
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a shallow. fucking on the canal he was almost. with a fuckin mama. cicero from a song and now fargo showed it to steve i don't want to go to the cities in the micro. voices in this or do one of the street the. other you know the others. the series the as well.
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thirteen on armed militants leave the syrian rebel enclave in eastern as part of a pay separate according to the russian army. slaps tariffs on steel and aluminum imports raising fears of a global trade war as other well powers bombed to retaliate. and a former police officer in north carolina is charged with assault and beating up a black man for alleged jaywalking. for the latest on these stories head to our ball at the top of the hour my colleague rory sushi will be here with the full news with the wall crosstalk is next debating us tariffs on the risk of a global trade.
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hello and welcome to cross talk for all things considered. it's a global trade war imminent if donald trump follow through on increasing keris and ending existing trade deals it seems very likely after all this was at the very center of his campaign for the presidency it was a promise he made to his base will it make america great again. across talking trade wars i'm joined by my guest mitch firestein in new york he is a fund manager and author of the book planet ponzi also in new york we have and lee
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she is a former adjunct professor at n.y.u. and her latest book is will china's economy collapse and in brussels we have steve keen he is a distinguished professor at university college london all right crosstalk rules in effect. i mean you can jump in anytime you want to i always appreciate. it to all of you before i ask you first question and i to reflect on something that pat buchanan wrote a couple days ago but title of his article is why is the g.o.p. terrified of terror so this is what he has to say from lincoln to william mckinley to theodore roosevelt and from one harding to calvin coolidge the republican party erected the most awesome manufacturing machine the world has ever seen and continuously the us relied on tariffs to convert from an agricultural economy in one thousand nine hundred to the mightiest manufacturing power on earth by one thousand nine hundred. suppose what the president is going to be doing when it comes to global trade let me go to and first reflect upon those words because in the mainstream media it's all gloom and doom i think part of it is because of what it's this president is saying it because we had bush and obama looking at the
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increasing duties on a number of things and it would focus on quite a bit on china so maybe trump is amplifying it but i think it's still pretty much a political football and in new york go ahead. yes certainly there is some association with trump that's making it unpopular but generally speaking. i think a lot of folks have recognized that a real trade war would really damage u.s. interests cuz the u.s. . is very reliant on imports from around the world many u.s. companies have operations elsewhere actually in china and so having terrorists would essentially just hurt their own bottom line and this is basically a boomerang so. why would you want to hurt your own companies is basically
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how they see it and so i think that there is growing recognition that that would be a really bad policy. aside from just. call rather eck and so i think that folks. are trying to raise that point gary cullen may have raised it has been unsuccessful you know mitch you know let's stick with apollo the politics of it before we get into the in a nuts and bolts here is is trump just bluffing the world i mean is it just part of his political style i mean it is quite interesting here i mean i think all of us i mean to one degree or another know basic economics obviously trade tariffs are not a good idea we could look at the one nine hundred thirty s. the most recent experience that was a disaster for the global economy no ok steve says no but let me go to mitch for is go ahead. i think yeah i think that there are a lot of moving parts to this that we have to consider and you know whenever you
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have a complex situation you try to simplify it as best possible like the president uses one word soundbites or one hundred forty characters in a tweet to try to get a message out now what we have going on here is geo political attacks and neo liberalism and its failure over the past thirty or forty years so what we've got to do is identify the threats that we have and the united states in the fake news media says that russia is the biggest threat it's a little difficult to fathom that when you think that russia is g.d.p. is somewhere in the neighborhood of one point two trillion dollars and china's is up near thirteen trillion if you believe their numbers which none of which are probably credible that is one of the biggest threats rather in terms of the amount of the quantum of money that the united states so as you as you posited is this just a bluff i would say it could be a bluff but we don't really know will it work probably not will it help with the one point two trillion dollars we have outstanding or china has an in our debt in
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the united states debt. not really sure but one thing is for sure and i've said this many times before you have first of all it started with a currency war. i said a currency war will lead to a trade war which could potentially end it with a hot war ok stevie you are disagreeing as i was speaking in rigs actually what i was saying but i like when people disagree jumping go ahead in brussels. where you are saying it so we can all mix in that says tariffs are a bad thing basic economics is wrong and it's been wrong by theoretically empirically for a long long time just to give you all of the op the most obvious example of that is the the bank of england in the bundesbank of both come out and said that the why the textbooks teach about money creation is frankly wrong and if you get the bank of england saying the economist understand money it's a pretty bad stops of the credibility of economics so what we've been taught for a long long time is that specialize in is better the more special laws we are the better off we are and empirically that's been
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a failure as very good research by god called danny roddick who you should have on the show one day who has shown that countries which have actually industrialized foster are the ones that followed protection for example includes america as you mentioned the only protectionist yeah that's what i meant to americans can assess was right capture. if you don't yeah yeah so. the theoretical argument simply wrong it's a very interesting fallacy ostend up in a cartoon book i call it called comics by the way job that i think about specialization in terms of light and ignoring the fact that you can't shift machinery from one of the streets to another now what truck trump i don't think of one of the stand the pictures in the cartoon book let alone the logic behind it but what he is identifying is the gut feeling of many many people of the sadness of america they've been screwed by trite was examined they rotch they live what we now call the truck the rust belt we call it the rust belt because factories which used to produce stuff there have turned to rust because you simply can't move industry from still manufacturing to making silicon chips you simply that the machinery rust
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you saying i'm going to get the jobs back over there now you're not necessarily doing it in intelligent fashion but he has got hold of something that is real and a gut feeling other thinks a lot of americans ok who voted for him again because of exactly let me go to and here they are that's exactly what i was thinking too and it will do so i'm going to agree with what you said earlier. at the end they will probably hurt the american economy and maybe hurt the american worker but that's not the perception i mean and this is a campaign promise and he made a lot of promises that i really worried that he wouldn't keep but he's doing it all right and so this is again the it's more about perception of leadership and he's speaking to his base ok i don't know what's going to bring those jobs back but if i'm in the rust belt and i hear that there's going to be a tariff on steel even though the u.s. gets only three percent from china but it's still the perception and i think that's what he's going angling on go ahead and. well so let me just respond to what the
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other person said. yes it's been known that countries need to protect their infant industries in order to grow them to be competitive enough in the global economy and then you let them set them free and. compete as hard as they can muster strong enough the us already did that and the us is an industrialized nation and us doesn't need to you know protect infant industries because it's no longer infants it's basically you know. old age at this point probably because there are steel companies all over the world and if they can't compete with other steel companies in other parts of the world then they're doing something wrong and maybe that's because of you know labor rates being too high here or regulations or who knows what or and and horse in the grand jury or bad trade deals like
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now after that i mean that's why this is a peter peter you know we had mitch peter the trays a little and because of your daughter's name let me go to charter is hanging on let's go to the head to the trade deals there are a lot of bad trade deals out there there's out there that should be shut down and this was all part of a globalized globalization effort so that we have some bad trade deals that need to be scrubbed from the books but we've got to also look at as i said there are a lot of moving parts the crux of the issue is and i agree with steve kean where where he said that you know that part of economic theory has gone amiss and it certainly has if you look at the federal reserve's economic modeling it's totally wrong a lot of these are have been totally wrong central bank money printing has hit a fever pitch where they've got ten trillion dollars on their books and they've only produced maybe two trillion ten trillion out of the ten trillion two trillion .

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