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tv   Boom Bust  RT  March 10, 2018 1:30pm-2:00pm EST

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she was. three point three zero at the front of. her over the. top line but i thought oh. my. god. the surprise announcement of face to face talks between donald trump and north korea's kim jong un mixed messages coming back to washington this meeting won't take place without concrete actions that match the promises that have been made by north korea we're ready to have the first meeting without precondition let's just
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make. unless we talk about the weather if you will but it's not the first time washington has been inconsistent in its policy on north korea with potential progress being made out of more pain looks at who deserves credit they both love political drama big weapons and nuclear buttons but now it appears that little rocket man kim is ready to meet with donald the doe target their words not mine and surprisingly trump has agreed and the administration is all too clear about who they consider to be the winner of this battle of the bruisers what we know is that the mashed maximum pressure campaign has clearly been effective for the first time in a long time the united states is actually having conversations from a position of strength not a position of weakness like the one that north korea finds itself in due to the maximum pressure campaign now the white house has every reason to think so after all they just slapped a new sanctions on north korea they pressured the world to halt all trade with
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pyongyang and they fired almost every weapon in the english language arsenal all aimed at stopping kim with donald trump's so-called hard power we can have men men rocket men sick puppy shooting rockets all over the place we will have no choice but to totally destroy north korea but is trump the real winner here after every tongue lashing he received from the oval office kim fired back with his own retorts furthermore kaman gauged in diplomacy master class with south korea engaging in negotiations and even securing the unified team korea at the recent winter olympics is now all set to sit down with donald trump it will be unprecedented the first time in history now at this point it's quite an achievement for kim jong un let's ask new yorkers what they think who's the real winner of this upcoming meeting i think it's a win for north korea korea because they definitely approach chump about the issue
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. our president trump was being very i say amateur about the situation so i think since the north korean president took the first step then i think it makes everything better he was trying to make a step for peace you know the good on times part because he's the first president i believe to meet with the north korean leader is better probably north korea than it is for the usa it's absolutely a victory for kim jong un this is an individual who has been the leader of his country for now i guess seven years but has been completely isolated he's never much another. world leader it leads to a whole host of unanswered questions and risks that the american president is offering what kim jong un wants most on the front end of a process where we haven't yet achieved what we want most which is north korea's denuclearization so while everyone's going nuclear over
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a meeting that could potentially turn the tide of this crisis it's starting to look like kim might be the winner of this round. artsy new york. meanwhile the investigation into accusations of collusion between team trump and russia has turned into the miss universe contest back in two thousand and thirteen donald trump allegedly invited president paying to see the beauty pageant being held in moscow that although it's not clear what the connection with the u.s. presidential election three years later it's supposed to be but as evidence of meddling it is by no means that we kissed as you go she's done off expects. many tried many failed but the folks at c.n.n. have finally done it undeniable proof of how the russians convinced some sixty million people to vote trump and twenty sixteen and drum roll please. it's this again c.n.n. has learned russian created in release this anti hillary clinton video game you
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heard me right it's a video game they actually named it it's called hill tendo according to c.n.n. the game featured three levels first you had to help hillary clinton delete as many e-mails as you can a nod to the scandal over her handling of classified information which had been meiring her companion for months then you were supposed to assist the presidential nominee to collect money from some arab states evading the bombs at the same time and the final challenge to throw the u.s. constitution as far as possible a silly game that could be written by a programming suffer more during their bathroom breaks doesn't take much to sway an average american voter or at least that's what c.n.n. appears to believe and you know what it shows just how far russians are willing to go to meddle in our domestic affairs but for the sake of argument let's break down the numbers this game was reportedly played some nineteen thousand times even in
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the best case scenario if every game counts for a new person who was the eligible to vote and actually showed up at the polls this not even two hundred ths of a percent is the share of voters the game no one's ever heard of until a few days ago may have swayed but direct influence was only part of the ploy claim to c.n.n. apparently developers could track gamers behavior and then target them with specific ads on social media something that according to those networks themselves was almost. nonexistent comments on facebook faceplant at the investigation. the funny thing is the game touched on the points of everything she has done wrong and c.n.n. is reporting like it's a bad thing some amazing reporting there c.n.n. you found a video game about a presidential candidate it's a game designed to reflect the way she lives and it took you years after the
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election to get your reporter out pulitzer material lol yeah that's what did at c.n.n. this game that nobody ever heard of totally swayed voters in wisconsin but you know after theories of pokémon meddling and dumpster diving for evidence in moscow so we thought we'd come take a look at it this report somehow begins to sound plausible. and of r.t. . well despite the meddling allegations being over a year old now the media hasn't tired of them yet when n.b.c. recently interviewed vladimir putin and questioned him about the issue. do you believe that america interfered in russian elections re the us does this all the time but russia did not interfere in america's election no there are no plans in russia to do so it is impossible it is impossible for us why and now why wouldn't you first we have principles whereby we do not allow others to interfere in our
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domestic affairs do not poke our noses into other people's business this is a principle we have in this is the first point i want to make my second point is that we do not have a comparable number of tools. will anyone believe that russia a country located thousands of kilometers away could use two or three russians as you have said you my do not know to meddle in the elections and influence their outcomes that it sounds ridiculous well you know what we were creating chaos that's the goal but not long ago president trump said something absolutely correct because he said that if russia's goal was to sow chaos it has succeeded but it is not the result of russian interference but your political system is on the internal struggle the disorder and division that russia has nothing to do with it whatsoever get your own affairs in order first but if you are huge and watching our international celebrity this hour undercover israeli agents have been filmed violently arresting a palestinian student activist on campus well have
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a look at the pictures and the story two more details just after this break. the problems that were baked into the cake of the american experience where there was this race is never one way it's hard coded in the american d.n.a. violence ultraviolence it's part of the american d.n.a. these are severe deep problems in the marriage soul. 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 review system 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. welcome
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back now undercover israeli police have arrested the president of the student council then fired gunshots all this occurring at a west bank university side the city of ramallah well that. was. not the twenty four year old omar he was reportedly held on wednesdays he is a prominent palestinian activist with alleged links to an affiliate of hamas and
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has already been arrested several times with more on the story his poor sleep. i'm hearing visit university outside ramallah in the west bank now during daylight hours israeli commandos who belong to the border police and a cover unit came into this university they tackled to the ground the haid of the student representative council who is also a member of them us now the israelis regard him as a terrorist organization and say that they believe that omar kiss twenty was involved in terror activity as they had him tekel to the ground they started firing bullets in the vicinity. of the israeli commanders into the university through this introns there was any israeli army units that was positioned outside here and as you can see this is where the guards sit they detained the guards in their room while the commandos themselves came into the university campus they came into the main part of the campus which is here and in
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front of the student representative council they tackled him are alkis twenty to the ground level. what is clear is that they entered this university in what the campus administration says was in violation of international law they have called on the academic community to condemn israeli actions pointing out that this is not an isolated incident. r.t. outside ramallah we did speak to with dr saad works at the university where that incident took place and he says that the police carried out the raid to posing as journalists there are soldiers during soldiers but there are dressed like the unions and there's like. journalists and they came with assuming that they are going to do and don't leave you with the students and they were all markets were i mean the head of the student council at the university. then they just got him and they hold their hand guns and they start shooting so i think this is absolutely an
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outrageous. this is a huge regulation to the rights of the palestinians to the rights of this food and in the first place most definitely a violation to the occasion in palestine which is not the first incident anyway. finally this hour getting a warm welcome isn't always a pleasant experience especially if it's in the form of an unwanted hug as one californian senator learned the hard way. you know no notice that your behavior has been on of wellcome rules committee also
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instructs you not to initiate hugs. all my life a hug has been my way of greeting friends and colleagues a gesture of one thing kindness and a reflection of my children. you're watching out internationally i'm to get plenty more stories for you to win a social media pages and. the new global economic war is unfolding in the realm of education the right to education is being supplanted by the right to access to education alone it's higher education is becoming just another product that can be bullish and sold so this not just about education anymore it's also about running a business and what you're good at bruges look good it's also true in the following
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couldn't you. want is the place of students in this business model for college i was born now i'm an extremely more high education for the new global economic war. but you go see it when you get you know one of the sisters noticed i notice a lot more again one million people die and i. keep. even dangerous. now no one's too late to change a few pennies around that's. the
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truth. this is boom bust where things are fully discussed broadcasting around the world i'm bart chilton and coming up on saturday we sit down with bryan caplan and wrote the book the case against education why the education system is a waste of time and money this is going to be interesting if not scary or maybe both but first back by popular demand we have our second and final installment of
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the crypto queen a report come all of that in our near true futures but first let's hit some headlines. we have covered what is called day zero in south africa before that's the day when they run out of water yeah they run out of water cape town the thriving metropolis in south africa has more than four million residents is that about to be turned into a giant refugee camp we may know one day zero which is july ninth unless there is a whole heck of a lot of rain between now and then. then without the rain everyone would be waiting in line for their ration of six point six gallons of imported water each day the dire circumstances are due in large part experts say to climate change. latest climate change news hurricane harvey which hit texas and louisiana late last summer and cause damages in excess of one hundred twenty five billion dollars dumped more rain than any other storm ever ever checked this data point which seems unreal for
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every person in texas a million gallons of rain fell turning roads into rivers and large parking lots into lakes. and remember those california fires from late last year well we see those almost each and every year but now they don't go out in fact some of the fires from november are still burning in southern california and clients climate scientists say they could continue year round if nothing is done to prevent future global warming. and just as promised we have a special guest back by popular demand a while back we sat down with a riff and con the crypto queen for a look at crypto around the world she's all bling duff and i first asked her if companies around the globe you'd want change as
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a hurdle in today's financial world here's what she had to say if they look at block chan as a dating a letter and even if they have dated the ledger it's not going to unleash that the end benefits of production and if they want to then be at least the benefits of luck and there would be no place for them so i say there is a conflict of interest for the existing incumbents to then to see the potential of the channel so. for example. hong kong stock exchange so actually exchanges were the first institutions to wake up to the potential of the. nasdaq invested aboard five hundred ten million dollars of a bag even before you came apart this was in two thousand and fourteen they invested in a startup called chain and several of the exchanges is the same story so they knew they understood the potential of blocks and they invested in start ups which were working on locked in solutions politically for the exchanges but what they missed
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was. even after discovering these startups even have been investing in these innovators what they ended up it is the same the kind of exchanges which is a chinese exchange let's say there's a hong kong stock exchange has a patent they created a giant stock exchange which would target companies which would otherwise fail to qualify for the patent exchange so they would target smaller size companies which are in the p i p o stage and they would head those companies go public in that child exchange so you're telling me where is the disruption here where does the business model innovation you know what does being done differently other than just expanding the what is on for the client set recently you have mentioned i.p.o. cynical initial public offerings a couple times are you really talking about i.p.o.'s you're talking about i see those the initial coin offerings so i see
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a lot of well known phenomenon do you understand it so you know that more than five billion dollars have been raised just in the past year alone two thousand and seventeen or what eight hundred i suppose now all of these i suppose have been created are launched by companies that have something to do with last year they either have a block gen innovation the plea cation or they created a token which somehow related some to the motor later to block jim. but i would say this method of fundraising which has completely disrupted venture capital at least in the small subset segment that we're looking at is very attractive to a lot of industries to a lot of companies in the real economy who are know watching this i feel chris and looking at it and saying hey you know this is a wonderful idea to bypass the venture capitalist if we could just x. of the investors out on the was in a global borderless platform no how would you do that they cannot come up with the
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dokken and they can. i'm over the block an application so all of you're doing is giving them the black form issue that traditional securities whether to stock the bonds on a block and platform very dissimilar to i.c. or as a mechanism of fund raising but what is being issued is not the dawkins' and coins that you have heard and read about their real securities so in the eyes of a company or an issue an issue in that could still keep vicious represents a dokken here then issuing a clip docky does represent a security and it is up to the short to define what that security means rather it is a share which is one by ten thousand plus and of the companies that was over there to the barn which represent one by hundred of. the a listed property for example as an investment banker in your previous life you've worked with the financial conduct
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authority the f.c.a. in the u.k. and other regulators around the world how are they dealing with block chain is it more than a block chain of course it's probably a digital currency's but what are your thoughts on that general area requirement the book at and says they have completely evacuated everybody from economists to garment and so on and you're seeing that the actions and some of them like for example ready have thought a day to people like jamie dimon who issued statements have had to the last of the statements so required as you know to stay and cryptocurrency that he had to stay and that is because we quite as a leader of group look at n c's has lent the rest of the back of cryptocurrency a lot of legend to mostly because it has sort of wiped over the decades of skepticism and assault you have to remember that the big going to invest as a different creed then they're very different from the traditional invest us they're not looking soley at the dawn on investment they're not looking at sane but
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i mean does are bad and i am off assessing invest. and in the traditional debate they actually thinking the pioneers we had planned to blaze us we are the ones who have exposed the most magnificent cause of to look at n.c. ridges image of the moon to the was and they are looking at it as are the sponsibility unto themselves to actually do something with it to do better frederick even more disruption in indy gone to me so they look at finding these guys us and preprogramed in sci fi as not choosing the next wave of innovation and building the next layers of arc making actions so it is like helping to hundreds mitchell adding this new economy recent we talked about digital currencies just a little bit there but i want to ask you to look into your crystal ball go out ten years twenty twenty eight which digital currency is it that sort of the leader or is it still going to be bitcoin is it a theory
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a more light coin or or ripple or is it one that perhaps isn't even out there yet maybe they haven't done their i.c.a.o. what you're prognostication i can only say that such and the one thing that it's definitely not doable. why do you say that i'm curious. because if they strike a deal with amex they're going to be all over the world pretty quickly they can be but it has nothing to do with crypto and it does nothing to do a disruption on innovation so i believe the police didn't see that these banks got together and said hey guys we need to put up a strong defense to this onslaught off the bill coming from the stopped us and vanno let's be a smart cookies and we have a lot of money so let's but that's the kind of the off our own so they created this ripple and even people may get got it i've ever had that with the price of ice what a bit but there's no i'm delaying fundamentals boosting this underlying
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fundamentals all of a. genius is always imagination is always clean ition of the future and none of these to be a pia in these existing but i'm going to come back at you it doesn't necessarily have to be a great business model to have a high valuation we've seen doug coin with up to a two billion dollar valuation now back down to half a billion dollar valuation there is there's others out there so it doesn't necessarily have to be a good business model right. so you know that is a place for fags in a fast growing industry and in a nascent industry which is a blue ocean right and people are getting rich and people are getting extremely confident so what does a confident confidence mean confidence means we can throw money at whatever with our getting aboard that it does without getting on board the logic what it so look
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at clipped ok so good folks at these isn't exactly similar pattern i am and i can see a lot of such things coming about and china is a very good example even a lot of the chinese government has banned it i have been there for a few talks and john guy on my couch shines on and so on people that absolutely fascinated the moment a visionary dunce up and they have a good eye for what is a true disruption wusses not of the middle east the us the moment something truly disruptive comes apart they they really have a keen eye and they want to throw money at it so nothing is stopping them no advantage stopping them well the regulators may be telling them they should be all gung ho about this yet no cautions of legitimacy and. nothing is stopping them i think a lot of folks particularly in the states have sort of a myopic view of india they look at it does those are where the call centers are they get congestion and move by but it's a lot more than that a lot more technology interesting things going on but specifically. if regard to
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block chain tosspot block chain companies in india so you are right in extending that label of myopia to even block chen in india because we have been studying an observation the indian landscape for a few years i represent i happen to represent it here in india and i have taken vitale butin to india since two thousand and sixteen the first time he came to india the only applications we saw were big iron exchanges not even those excellent exchanges did not even deal in other cryptocurrency like it here so it started with big garden exchanges and there was hardly anybody creating any applications writing any smart contracts and there were no capabilities right and what india is a huge repertoire of technical talent we have a huge number of engineers graduating perhaps we are the second largest or the
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largest school of graduates maybe after china and vietnam is speaking graduates so we are mathematically extremely well trained and the demos are extremely talented so it doesn't take very much effort or order of. much time for them to get accept with block chips so that is what is happening now so if we compare two thousand and sixteen to seventeen the uni lateral all you need i mention will focus on bitcoin trading and applications to do with big grid has transformed now to building a big actions on the tedium people getting trained in solidity we have costarred hack a thons there and we were surprised even retallack was very impressed that the use cases and applications that were being built why are not just related to the financial services but across the spectrum so there were there were large sticks there were supply chain companies there were financial inclusion appreciations
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there was even a technical payment channel application which impressed retallack and reality ended up giving the price the block and price for every delegate in price for a block in excellence. it's fantastic aretha come krypto champion thank you so much for being with us hope you'll come back again i know our viewers enjoyed this pleasure being with you have to look forward to. in the february jobs report is out and the unemployment rate remains at four point one percent but the number of jobs created the expectations big time coming in at three hundred thirteen thousand jobs created to talk about the numbers in detail on monday's program and time now for a quick quiz as we go to a brief break to match the two thousand and seventeen gross domestic product with the nafta countries the us canada and mexico of course and the race to match our three percent two point five percent.

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