stranded across the country, what is really going on here? we're gonna have a full report on the latest. then william shatner's, long awaited care to faith is right around the corner where this got the upcoming blue origin launch and what it means for the future space travel. we have a lot to cover today, so let's get started. so let's begin. let's begin right here with big coin it is on the rise again. in fact, the last 2 weeks have been very good for big coin pushing the world's largest crypto currency back to its highest point since may of this year. the crypto last traded more than 3 percent higher at 57530 after hitting as high as 57740. if you're keeping score and you should be, that's only 12 percent away from it's all time high of $65000.00 a coin. so what is fueling this rise? and how far is it going to go bring and do bus co host and crypto analyst slash enthusiast christie? i christie, cuz the have you hear? a lot of this comes amid these increasing hopes and expectations that

a big going futures. e t f could soon be approved. if that happens, 1st of all, what kind of effect would it have? and will it happen? do you think it's going to happen? i am part of this appreciative certainly have to do the atf, although i think we give it way too much credit. there are expectations that features could be approved soon, but we've heard that line about a 100 times in the past 2 years. but look how far the industry has come without having an atm actually being approved. i think the main part of the point appreciation actually has to do with the increasing concerns about inflation. the more than transitory we have food prices at peak levels. oil topping $8.00, so that's really hitting consumers that are starting to look back to the original appeal point, which is a store of value and something that is independent to the winds of any central bank . and interestingly to note, while goal with previously the defacto store value as not the case anymore. but when in gold one, your correlation has been dropping to a point where it's about to turn negative, which means the 2 are no longer correlated. so the point is now the preferred

inflation hedge, if the dollar and real rates are rising. so with all that said, i think, and it would be significant as that's what the big institution had been demanding for the past couple of years to make a purchase is a big one easier. it's ways to go through and get them to actually purchase individually through an otc broker, but they've been waiting for the many years. so most likely, all the institutional who work got tired of waiting. and they've already jumped on board because the more than we do on the fine line, the more they locked out. so i think you'll be a great positive catalyst. but real impact wise, i think you'll be a minimum because everybody who would be in viet it's already and now there's a lot of questions about what the us government is going to do in terms of regulation. and we're now hearing from the federal reserve that it has no plans to push for the manning of bitcoin. is that helping to fuel this price run that we're seeing as well? absolutely, there's

a lot of negative sentiment surrounding with the impending regulation and china banding it again. but these comments on the fcc team to have enfolded investors. so these institutional investors have been provided with some level of comfort now, because regulatory uncertainty is what's in keeping them out of the market. and when you're a big hedge fund, you're not as nimble as an average retail trader, so they have to be more risk adverse when it comes to dealing with crypto. but these common theme has cleared up path temporarily. so you see institutional playing catch up again by hand over fist, within the last few days these last couple days we've seen the spot market price, a big point jump as much as 3.5 percent within a 5 minute window will show that there are some pretty big spots here and also the technical patterns for trader. they're lining very nicely for another strong bull. and his big point in theory and back in the spotlight. all that kind of taking a back seat and a bit of a breather, a can mention it now with the institutional. and they move as a heard the big game. so they'll only be focused on the large cap. and so most

likely other need to benefit will be things like a lunar avalanche, bolona, etc. yeah, i think we're going to see a big bull run here coming up shortly. but jamie diamond, i got to ask you about this. of course, the ceo, j. p. morgan chase, he said on monday at a conference that crypt currencies will be regulated by governments and that he personally things that big coin is worthless. here's the thing my jamie diamond. you know, that's crazy. i he, he's always talking about it. he hate script job and he likes crypto. he hates big point. now he likes bitcoin. it's a time for him just to go away and stay out of the conversation. why is anyone even talking to him about this? i think you're right. he's part of the old guard and he's being completely hypocritical here. he called it a fraud, saying that it completely worthless. while at the same time, j. p. morgan giving their wealth management clients access to crypto phone. so if your own bank is pushing what you've deemed fraudulent investment product, then that's not really fulfilling your like fiduciary duty at the feel of an

american bank. so i think that the kind of like the pot calling the kettle black and on the other hand also shows how irrelevant he is because a common like that from j. p. morgan or goldman sachs, the head of the banks no left will normally rec, hands on whatever name that they're talking about, whether it's stock crypto commodity investment. but now big point really doesn't care to market, don't even care about these common. it's just probably no matter what chrissy before you go, we have about a minute left. i want to ask you real quick about some of these kind of, you know, be called mean stocks, but it will have the, the social crypto is like shipped, right. which right now, if you're on take talk, you're on instagram and you're, you're flipping through there, you're seeing ship an awful lot right now. and there's a big push right now to get it pumped up. the thing that makes me nervous about those criptos always is that there are a few whales that control so much of that space. and they can literally buy and sell you into nothing in a very short amount of time. what he's expecting for that new thing ship is about to take off, or is it going to end up being like those were some people get hurt because they

get into late. it is exactly like because she was in, it was created in order to become a cheaper version of those because those at that point was too expensive. and i think the absolute right, these mean things are going to exist, no matter if we're talking about stock or just for the fun of it. and unfortunately, a lot of people don't know and they get caught up in fomo and they kind of get caught up in height. and yes, it's true. come people make a lot of money and does she keep on hearing the story that makes $23400000.00 in dose with this and a couple. but then what you don't care about are the people who lot the same amount . because let's not forget, this is kind of a 0 sum game, someone when someone else is losing. so the thing things going to happen here is she, but you know, it was created to be a joke and it was intended to be a joke. but unfortunately, with these very popular mean and these hype driven things by social media, things like robin hood, social media, trading, these things, they just drive and it's heard mentality. and that's what makes the thing all up to a point where it just doesn't make sense. and those bubbles just never last long.

so important where you said in order for someone to when someone else has to lose boom bus, christie, i, thanks so much. you can, let's go now to the latest forecast with the global recovery from the international monetary fund. this includes new warnings about how ongoing supply chain disruptions are taking a toll on even the richest countries in the world and the projections for the growth we will see this year, which has taken a hit as a result. the gilbert recovery continues, but the momentum has weakened, hobbled by the pandemic. we have a slight downward revision for global growth this year to 5.9 percent. we're seeing major supply disruptions around the world that are also feeding inflationary pressures, which are quite high. and financial risk taking also is increasing, which poses an additional risk to the outlook. now the i and that didn't single out the u. s. or the federal reserve, but it's report did warn about certain central banks that may need to start pulling

back on their easy money policies to get ahead of price pressures, even if that delays the employment recovery to joining us out of discuss later. and the seo of openness l. l. c. now are tabio, the iron that didn't had their forecast by much, but they did admit that it is likely to be less than previously expected. so what do you make at the latest report? i think they slash the full cost of the station. nothing but they reduce the focus from 6.0 percent to 5.9 percent, which is our be slashing. i think that's within the margin of error for full cost of like however, if you go deeper they did reduce the full cost of the us quite substantially. so they would use us for us from 7 am to 6 percent. and as you need to report, it's interesting to see what they were using was they basically point out the turn by most having difficulty pushing is $3.00 trillion dollars spending bill through congress. and they're quite fresh on that because just today thrown in town. that's

it, we're gonna have to pay for smaller number and the base he said that that is going to reduce growth in the us. so i think more than anything else, what you see, that is sort of the, i'm a political alignment, political leanings bought anything else, they sort of in the mold of spending more taxing more. and that's going to help economy grow. and that really is more than what came out with that report and anything else to me. i saw the of the i m. f is also arguing the certain countries kind of pull back as rachel mentioned on those easy money policies, even if it hurts employment recovery, or how much of that message is targeted to a country like the u. s. and does employment seem to be what the fed is worried about right now? well, i think that message, i mean, certainly could be talked to the fed, that you could say exactly the same thing about the european central bank about the bank pan, about the bank of england. the one notable accepts exception apps amongst a large central banks is the people bank of china has been very rest about the gas purchases and, and sort of using as in the case always in the past and trying to present this ramp

for some reason the holding back on that sort of criticizing of central banks. so that critique from 9 it could apply certainly to any one of the central banks. i think it applies to the fed meeting between the cracks. and so i think that's where we stand, that there's some stop saying, well, inflation is getting out of control. the central bank seem to step in and do something you ask about how concern is the fed about employment, things like that. it seems to me that the fed is most concerned about increasing interest rates or reducing on purchase and taping and crashing the stock market. they really, really don't want to do that. however, if inflation terrorism creeping up, their hand is going to be forced and they don't want to do that. so they're going to jump on any excuse. i can't keep them straight slow, keep money flowing in and it seems employment or unemployment is a distant, distant concern of this way, way behind inflation and, and the stock. yes. and you're saying that the i m f even mentioned not as sort of a central reason here. and i know we've been talking a lot about inflation now moving to talking about ongoing supply chain shortages. and of course, the building energy crisis. i mean,

when we're talking about central banks, whether it be the federal reserve or over in europe, is there anything they can really do at this point to stop sort of the storm that is really been building over the last year? well, i think they also pointing the finger at a supply chain disruption, but i think it's more cover, more than anything else for that monetary policy. and i think it was, we see this passion, the central banks as inflation starts to take off. they 1st tell you it's transitory. don't worry, it's going to go away soon. it's going to be here for a few weeks, a few months, and then we'll get back to normal and be fine. then they start say, was sort of multi core so that all sorts of different factors involved to be complicated, to understand that trust us. and then finally the government sort of step in said ok. now we need price controls and export controls. and then they really wreck the car, and i feel that we're on that for the past. so i think the supply chain disruption we're seeing are just the result of monetary policy and the kind of pumping money into it and increasing prices that we've seen at this, not that much of a supply chain disruption out there. i think that sort of shifting the binding to

something else and taking the, the attention focus away from the central banks monetary policy. and do you believe that you said there really isn't much of a supply chain issue right now? does that go for the, the issues with china right now and specifically with the ports there seem to be a lot of concerns and discussions about these, the supply ships that are you sitting outside of port and products that are not getting to shelves, especially as we move closer to what we are towards the holidays. do you think that that is overblown right now? or is that or a reality we have to deal with? so certainly certain ports, whether there's some problems and if you look at it biggest port in the u. s. is los angeles 100 and big search there in terms of traffic coming in and out of los angeles. and there's about 34 percent of compared to last year. has a big, big increase or have you had other big ports around the world like singapore ross. lemme places like that, the increases he is actually very, very tepid. so it's not by any means a global supply chain from i think it looked like more like a problem around the port los angeles. i didn't, it was happening,

chinese course. the statistics are not her reliable, so i don't think it's worth looking at. but sarah los angeles seemed to be an exception to robin the rule. so things in rotterdam and in singapore and, and took a look ok that they look like. is it a big bottlenecks? they're all, alan, certainly all eyes will be on not only what i've been saying that also what the federal reserve decides to do in the coming weeks are tardy. i'm are in the of, of, and as i'll see, thank you so much for your time. thank you. i will time now for a quick break only come back. southwest airlines has watched thousands of passengers stranded across the country as it is another day of cancellations. we'll discuss next. and as we go to break, here are the numbers that the close. aah!

with a name becomes the applicant and engagement equals the trail. when so many find themselves will the part we choose to look for common ground? ah, it is other places to play,

but mostly with daniels purely a little fish with castile with a month or because more used to live streaming with it because it just food say the game and then you would get these images moves up was good for supposedly good, have my did some, i would say again to spend music in which is spread it. so we come up with your phone was out of see to get them with all of your group plan and some way up with the to the shelters with bush, with ah,

ah, it is the question so many people are asking what is going on with southwest airlines for a 5th straight day, thousands of customers are left stranded in airports across the country as southwest continues to cancel flights, but it's not clear yet when is causing the disruption. as the airline and as pilots are telling differ story archie correspond at science. cavender does now with the latest sign, what are we hearing so far about the story?

so southwest airline has since out of they cancelled close to $2400.00 flights. and on tuesday, another $87.00 flights or 2 percent of their schedule were also canceled. and in a statement south west blame the air traffic control issues and bad weather in their florida station for the cancellation. but according to the federal aviation administration, that wasn't entirely true. and that came after the f. a responded to the southwest statement in a tweet saying no f, a air traffic staffing shortages have been reported since friday fly delays and cancellations occurred for few hours friday pm, due to widespread, severe weather, military training and limited staffing in one area of the jackson will jacksonville and route center and only after the f a announcement did southwest president, mike van de then finally, amid to its employees on monday things got out of control because the airline

didn't have adequate staffing. in fact, according to the department of transportation, south was currently has 7000 fear employees, then the airline had before the pandemic. and that's because when air travel launch at the beginning of the pandemic south was offered by out and early retirement packages to reduce staff. now, although the weakens problems were mainly limited to southwest, it is by no means the only airlines struggling to restore stuff. and slides that were trim, dornbush fan pandemic, and fixing these problems will be expensive and time consuming and are likely to cause a further pain for passengers returning to the skies. ok, so obviously that's, that's a problem that southwest was an honest to begin with about this. but there have also been rumors that the staff shortage was actually caused by some kind of a account that was taking place. essentially, employees who were being told they had to be vaccinated and so they weren't showing

up for work, including possibly some of the airlines pilots. what do we know about that? is there truth of that part of the story so that those rumors occurred at the southwest airlines pilots association, which represents roughly $9000.00 pilots asked of federal court last friday to block the airlines order that all employees must get vaccinated? now, coincidentally, that's exactly when the flight cancellations are occurred. now the union said pilots had not a staged as sick as because of the backside mandate and instead blamed all the flight cancellation on southwest operational issues. now, in the past, a pilot union have also argued that management has been very slow to bring pilots back from leave. i leave of absence, i should say, after the airline persuaded them to take during the pandemic, leaving them very short handed, a 7000 fear employees short handed. but this does look suspicious since southwest has had much fewer cancellations. today, even though known,

you stab has been hired since the chaos over the weekend. so the problems of southwest may run deeper than the stop issues we're hearing about when a site's avager. thanks so much for that update. well now do a story that's being described as science fiction becoming reality, art, imitating life, if you will, legendary surgery actor and host of i don't understand here an rti america, william shatner is said to take off on a flight with blue origin, wednesday morning where he will become the oldest person to ever reach orbit. i'm going up into space. i don't know how many people can say this life changing not. ready because of the very old adventure, but because the people that i it is the latest launch in the world of space tourism that is costing some customers a quarter of a $1000000.00. while countless questions, of course, remain as to what risk the travellers on board are assuming when they blocked off

for that adventure of a lifetime. joining us now discusses aaron page about your business strategy with a focus on space commercialization. and it's great to have you back on the show today, and we know that it is a big day for star trek fans when captain kirk himself gets to blast off an outer space. but realistically, what are some of the risks that william shatner is facing when hearing 90 year old man and barking on this trip? well, there's gonna be so obvious medical concerns. i know he's probably gone through multiple medical checks. so, and i am not a medical professional, but i can at least say from a layman's perspective, when you're putting your body through a number of jeez, during the launch and then suddenly being weightless like we are bags of liquid. right? so hold, things can move around on at 90 years old. that's probably a little scary, but he's, you know, i've heard many people say that he is very active person and you know it is a fiddle. so those risks are probably minimal,

but there's other risks associated with do using new technology. but again, i will say that this is so high profile and we all want to see him have a wonderful experience and make it back down to terra firma safely. so on the risks are probably middle m ali alone. he knows that william shut looks amazing for 90 years old. but to say that, i mean we're watching with video here. he looks pretty amazing. but in addition to a shatner and that blue origin employee there also to paying customers on the flight paid. what about $250000.00 a piece for their tickets? right now, this is kind of a sport activity, leisure activity for the ultra rich. if you want to call it that, it's also supposed to be entertaining to the public. but is it truly entertaining at this point, or is there a certain level of excess here that turn tends to turn people off different? you know, i think that's a really valid critique you, when there's so many issues in the world that could be solved from

a number of directions, right? whether be social infrastructure, technology, investment renovation. you know, the list could get pretty endless and i don't have enough time to dive into that. so it does feel like it's excess. but you know, a study that's actually a research paper that was actually offered in the space industry in reference to this space is very similar, like the growth of the space industry. and the infrastructure is very similar to the infrastructure and the process in which funds found its way towards people attempting to summit mount everest. it started off with governments and it took a lot of resources just to get 2 people to the top. and over time, more wealthy individuals invested in that trip. and that turned into infrastructure, which eventually turned into still an intense trip, but a very low buried entry. so, you know, yeah, feels like access, but this is about building the infrastructure necessary to access the space birth economy. well, i guess hopefully the price of the tickets don't always stay at a quarter of a $1000000.00 or then it's going to be very exclusive trip. but i know that what we heard from william shatner was he was saying that he signed on to this flight

because he was inspired by jeff pay those and his ambitions to start building into space and to make pollution a thing of the path. now aside from really the high profile trips, the space that we're seeing is this something we're seeing basically making progress on right now? i yes and no. i don't have the details to get into like to, to what and, but i'd like to point out something that william shatner also said in your cut and you cut away that he's not excited. he's excited about the trip, but also just about the people he meets. a space is actually very related to and very complimentary to environmentalism. but the lines to draw that association are little tough and opaque because it's there's a lot of innovation and technology development that has to happen, but it is affecting how we do business and how we engage with resources on planet. jeff bezos is painting a future in which pollution on earth is no longer a thing. we will have manufacturing in orbit. where mosque is selling a future,

where will be living on mars? i'm, you know, one of those connects to environmentalism on earth and the benefit for people who lived here. the other sends us to a different place and it makes a little hard to make that connection. go. and just as a, i gotta ask you real quick the way about 45 seconds. how much of of, i mean, obviously 99 percent right? of william shatner being there is about p r. right? because you're obviously drawing this connection, this, this feeling that people have of nostalgia to say, captain kirk. but for someone like jeff bezos, who was not the most popular guy on this planet or in space. i think it's, it probably makes sense to attach yourself to someone that people feel good about. i'll give you the last word that i can't disagree with that. that's very true. and a lot of a blue origin does from this perspective is p r, and a lot of what must is doing is also about p r. and keeping people interested in space to see long term investment while speaking and pay. i will have live coverage in that upcoming launch right here on the portable theory of aaron pago. thank you so much for your time and insight today. thank you. great blood pressure rates like

by you. that's it for us. this time you can catch must on demand on the portable tv app, which is available on smartphones and tablets through google play and the apple app store, just search portable tv, portable tv. you can also download it on samsung, smart tv and roku devices or somebody check it out that portable dotsie me will see you next time a when i see black manager, i see tons of my so i was growing up like america spoke to me when, why destroyed, it did not go through sight. black marsh measure is

a movement we are importing from america. no, nothing of who we are. i lived in a world where wide lives matter and i was not was like missing and i wasn't known from black america. i learned how to speak back to whitefish aboriginal people. here. i'm more every day we are out more than system now with the police were at war with statistics. i'm scared that my children are going to grow up in the country that think says no racism, but they're more likely to end up in the criminal justice system. then there, although fellow friends in daycare and is your media a reflection of reality in

the world transformed want to make you feel safe, ah, isolation, whole community? are you going the right way? where are you being that some with direct what his true worth. his faith in the world corrupted. you need to descend a join us in the depths or remain in the shallows. chinese banks are not countable lending against entrepreneurs necessarily. they only wanna lend against real estate speculation. so this is created the biggest real estate babylon history. that's now collapsing a beautiful job ocean was time on what it says i'm you know, we'll just,

we'll start a new slogan, noise. the vehicle from a freshman with the alarm. would you think that that would work? i think that's something you would prevent them with a wound up. that's mental percentage of your properties was for what fin the but only the filled with the looks like you with nice seems to them of them when he's got the west. when luck with them. so we'll just show them for phillip keeps them from the, from the news. ok. i live with us though the same i was let me use this global. oh gosh, slave to me as a senior to one of the squad, little squiggly from coach at that. what are one, why do you think that us them,

i mean, on, besides that we still do with a british tabloids claim that russian spies stole u. k. vaccine secrets gets rival newspapers digging deeper, calling out the story as inaccurate and opaque. but the sun is yet to clarify or apologize. for the case of double standards, one of germany is most read newspapers build leaps to the defense of a coven discussion panel, whose content was removed by youtube. but it's the same newspaper that mercilessly lashed archie is german new service during

a similar struggle with the video sharing site.