ah, shoot, this is boom, bustling visit show you can't afford to miss. i'm ready to love it and i'm ready for in washington. here's the we have coming up. as the truck protests continue in canada, the nation's prime minister is invoking emergency power to deal with the gatherings . meanwhile, across atlantic, the attempting trucker protest has fallen flat. later on, we'll discuss the state of the movement. then if you notice that housing prices have skyrocketed over the last year, well you're not alone. we'll discuss the surging prices and some of the largest markets in the world. we have a lot to cover, so let's get started. and we lead the program with the latest on the protest of truckers and canada who are opposed to vaccine and mask mandates. caney and prime minister just intruder has taken an unprecedented step in order to stop the ongoing

protest in his country for the 1st time ever trudeau activated emergency powers that will include the ability to freeze bank accounts of protesters, as well as an effort to shut down crowdfunding sites and taken aim at crypto currency. now the emergencies act passed in $1098.00 requires a high level bar to be invoked. it may only be used in a quote urgent and critical situation that seriously endanger the lives health or safety of canadians. lawful protest do not qualify. and notably trudeau boys to support for farmers in india back in december, 2020, when they were the ones protesting new laws and requirements, but impacted their working conditions. canada will always stand up for the rights of preschool peaceful protest anywhere around the world. and we're pleased to see moves towards de escalation and dialogue. anything more, i mean, are you worried about damaging relations between india and canada? canada will always stand up for, for the right,

for preferred peaceful protest and for human rights around the world. and joining us now to break this down is boom by the co hosts, christy i and ben swan are bad. i want to start with you here. just to trudeau says he will not be calling out the military, but he will be cracking down on the bank accounts of protesters as you heard there . he previously said he stood with protesters when they're standing up to power, as long as they're peaceful. how far reaching are these power? yeah, i almost feel like we should just sit in for a minute and just think on that statement less than 2 years ago. right? you're saying i, we, canada will always stand with peaceful protests. and then you do this, then you invoke the, this emergency act emergencies act and canada. it's never been used before in the history of the country used to be called the war powers act. the name was changed in 88, but it's never been used. and now it's being used, i want to run through a couple of things that are included in this. this act gives the government the authority to override civil rights to restrict travel to for bid all public

assembly and to force businesses to act without compensation. essentially, it allows for a complete and total control of the government over civil society. and it can only be used in cases of rare and extreme emergencies. howard truckers blocking a bridge between canada and the united states. so severe of, of danger to the public that this kind of power is being invoked. it's absolutely insane. it makes no sense. and the, and the powers are very far reaching. we're talking about you know, the, the bank accounts of these truckers are able to be frozen. there is no court order required for that, which means the banks can just do it at will. and of course the banks are going to do it at will. they're going to do it at the behest of the government. and then of course, they're going after crowd funding. they're going out for crypto currency. they can take away your insurance, they can take away your license, your ability to drive commercially and your ability to drive privately. so this is a very serious moment for canada and it seems like an incredible over reach by the

government there. absolutely, and we have to remember these protests have been overwhelmingly peaceful. so for them to take these steps is incredibly concerning such a very dangerous precedent. now, christie, part of this emergencies act, gives true to the power to freeze bank accounts and to monitor large and suspicious transactions including funds use for crypto transactions. so how would this work? considering the role of crypto currencies operate outside of traditional financial structures? well now canada is really trying to step up their crypto currency regulation, so as part of the emergency act crowdfunding platforms and payment services provider that include crypto exchanges and other crypto financing platforms. now my smudge register with the financial transactions and report analysis center for canada. so that's going to be a major pain point now for crypto as this just who they need to jump through because of the peer to peer nature of crypto. it actually shouldn't matter because people are, should be able to donate directly to the campaign without going through

a middleman. however, because of the lack of knowledge and how, know how of how crypto works, most people tend to use a platform like a coin base or a crypto crowd funding site instead of donating rather to the money directly. the other issue here is the crackdown on banks and exchanges. when you donate encrypt dell unless the gas stations and food vendors that are, that they're spending the funds on accept crypto. the group will still need a way to convert the bitcoin back into canadian dollars in order to use and stores and gather materials. that was the purpose of these exchanges. unfortunately, now as part of this act, these exchanges must also register with fin, track and report these so called large and suspicious transactions. so as of today, all crowd funding platforms and payments service providers must register with fin track and they must report all of these transactions are here. and there should be a little bit of a learning curve there, especially for people who sign up to donate and don't know what all they're getting into now. but when it comes to crowd funding sites, these powers also apply already. one bank td bank has frozen an account belonging

to these truckers holding about $1400000.00. so on what grounds are they freezing these accounts? well in that particular case, it's because the governor of the province of ottawa, ontario, excuse me, the governor of that province essentially asked the court to intervene. the court ordered that gives sin go, which is the crown on site that was used after on me, the court ordered them to freeze the money. gibson goes, we're not going to freeze the money. and so instead of freezing it, the money has been seized out of td bank and it's being held, or td bank is offered to actually give the money to the court, but makes no sense at all. like, why would the court also confiscate cash but, but that's the way it's plain outlook. everything that's happening in this case right now it's, it's like that moment, years ago, rachel, you might be to your mom. remember this, but brent will remember probably the images of t hanniman square right when you're standing there and you see the one lone chinese

guy guy standing in the street and a tank that has approached him. he stands in front of it, right? that is a moment that we're living in right now. what's incredible in this moment though, is that it's the media and it's the politicians who are the tank. right. all these people who talk about democracy or the tank wanting to roll over the top of peaceful protesters, we can't lose sight of the fact of the people who are protesting here have not destroyed buildings. they have not set things on fire or destroy businesses or hurt people there in most cases, it looks like a festival. half the time in ottawa, where people are, you know, they have jumping balloon set up in their, in their dancing in the streets. but the fact is, blocking a bridge is a right to peaceful protests. and it's, it's just as much of a right as when, you know, there were folks who were marching across bridges in alabama for civil rights in this country. and the idea that those people should be basically removed from society and have this kind of cracked down. i think it should send

a chilling effect through every democratic country in the world. well, said ben, now christie, i am short on time here. but all of these issues taken together seem to indicate a complete choke point for financial support of these types of efforts. so what is the line between stopping the finance of terrorism and stopping the finance of legitimate protests and i have about 45 sack of laughter. full right now. they are nina and making a distinction there. calling of these protest illegal and their families protests like terrorists, even though it's been nothing but a peaceful protests, a very effective peaceful protest that has cost the country about $500000000.00 a day and economic losses. so if this was actually just another peaceful protest with no cost to the government, then sure you can have all the freedoms and rights to somebody and protest, all that good stuff that they touts, it's all well and good. but as soon as it becomes effective protests with real pain, now they suddenly don't like it. now they come out with a new emergency act that they can temporary suspend, a citizen, right to free movement or assembly, essentially overwriting the charter of rights and freedom. that is actually part of

the canadian constitution, which is essentially treating the protesters like terrorists. they've made absolutely no distinction here. and instead they try to spin the fact that there are these potential that the funds raised on these crowd funding part from could be financed by extremist group, even though they're currently is absolutely no evidence that point to the case. so it's just the case of the government overreaching in their power again, which i think will only further inflame the situation. boom bus. christy, i'm been one. thank you so much for digging into this topic with us and from truckers in canada to protest in europe while demonstrators in ontario have been camped out for over 2 weeks. protesters in europe were cut off before they made it to their destination. it was estimated that around $1500.00 vehicles made the trip from france to belgium, but they found police waiting for them when they tried to enter brussels. so some protesters finished their journey on foot and we're seeing holding signs in marching in the capital city. now, some are quick to point out that the police blockade of the city represent exactly

why they're protesting in the 1st place. as the caravan follows, protest against vaccine mandates that were held in the netherlands and in france were police use tear gas on demonstrators. the ongoing unrest is nothing new, but given the fact that these truckers play vital role in keeping the supply chain running while their movement has put governments across europe on high alert. so to go further in depth, i'm interested in dr. hillary and professor of economics at lancaster university. dr. ingram with great have you on the show today. now we know that europe is known for their protest. so what do you make of the response from police to not let caravans of vehicles in the cities like brussels or paris? well, i think this was very predictable. i mean, if you look at the case of from, you know, you know, i think i'm 5 to 2018, we're on the yellow bus and he felt a little problem. and he made it very clear earlier this week. but it was really

replication of what was going on and off to empowers to take care of him then that would be repercussions. so he mentioned fine even mention prison sentences. i mean mention the driving licensees will be tight and why then very quickly, you know, from brussels, the belgian month also made that position. similarly, claire, i did the. ready room in some way by think, you know, you wrote was full wounded and that came out for article. so to get the president mike coming up for reelection in about 2 months. the last thing he really wants is the capital city sort of gridlocked in the run up to the polls with dropped the project that he's most likely going to when it definitely may be harder to stop, you know, hundreds of thousands of people on foot. but when it comes to driving trucks, that might be a little bit easier to stop that. we see that they've done that. obviously now we

saw the truckers blocked the ambassador bridge, which served as a one of the most vital supply chain link between the us and canada. what is the concern about the impact they could have had in europe? if these demonstrations do continue or if they're able to maybe break through in some capacity. well obviously, you know, you mentioned the optimal bridge and the industry that's been particularly hard. there's the us build most of industry that was supply chain not to do anyway. and this is just exactly the problem and how the same thing replicated it. so when you wrote them all, you know, europe, how supply chain blockages and those would, it was which i think would be very month european recover. yeah, and i know you mentioned the supply chain, i want to go further end up on that a little bit. we know that the last year has been marked by the shortage is really all around. so how have those disruptions impacted europe's economy and is it still in such a fragile state that it can afford for approaches like this one to continue for too

long? well, i think it is for them make paid to randy because you have to re genius. you look at the different countries, so in terms of your 2022 growth is predicted to be around 4 percent. but if you look at what happened in the last quarter of 2021, then the full change in the various countries diapers considerably. so if you look at germany, which is one, considered the, the power house of europe then, but actually contract if you know, the final point 7 percent. but nonetheless, it was a contraction because of course, germany is full. and they all to mighty sector. and the semi conductor shortages on all those supplies to disease into that industry meant it was very badly. hey, spain actually grew in the last quarter of 2021 by 2 percent, primarily driven by investment. but if you look going forward, then it's likely,

you know, spain is in the column, a very dependent on tourism. they were like the restrictions about non bucks an 80 children. i think a lot of people are looking forward to a foreign holiday in 2022. so i think the prospects about that country are quite rosy. i think that still took ought to miss them, but not too optimistic if you're not going forward. so it does look like they only problem very and have not have the dramatic impacts. we expected the have been restrictions reimpose, but they've not been anything like that. one's in the class. it does look like we are slowly emerging out this, them, it, you know, they're all confused savings. but of course one thing that is on the horizon which is true for the not like for me as well, playstation. so, you know, it's predicted then u. k. this is likely to go on even in europe,

looking at think as of 3 percent. so we're also facing pricing crazy minds, most of the through the energy sector. so i think low recovery will continue. it's going to be from wal slower that we might have predicted in the past. yeah, certainly seems that way and we will continue to follow as all of those moving parts play a role in the economy over the next year. dr. hillary in the end of lancaster university, thank you so much for your time and insight. thank you, bye and time now for a quick break, only come back. the red hot housing market continues to war on in the united states as global prices are also on the rise. we'll discuss it on that. and as we go to break, here are the numbers at the club with

her, driven by dreamer shaped banks, interest, and of those with there's sinks, we dare to ask with these people, learn from their own experience, how vulnerable a business is to the bank. so you push my business over, the age, pushes me right to the bankruptcy. now i realize we will group, this isn't just the back that it may be involved in this is the concept. see funds

. it is the lawyers, these people have got you want other stories and was kinda whistleblower. tell people's marriages have broken up. it lost their family homes. it is spectacularly devastating for people's lives. they have committed suicide, but left behind, nor the explicitly state that it was the constant intimidation and billing by buying coffee sauce that late them to i talked to spy obscene. these people have no soul. l look forward to talking to you all. that technology should work for people. a robot must obey the orders given by human beings, except we're such shorter to conflict with the 1st law and anticipation we should be very careful about artificial intelligence. and the point obviously is to place

trust, rather than fear i would like to take on various job with artificial intelligence. real, somebody with a robot must protect his own existence with a welcome back. as inflation has been taking hold worldwide, we thought we would take an opportunity to look at the booming housing market and the world's most expensive market. hong kong housing prices rose 3.3 percent in 2021. after stabilizing the final quarter of the year, prices in hong kong, still nearly double those of any major city canada, which is 2 of the top 10 most expensive cities for housing and vancouver in toronto,

science prices jump more than 26 percent last year. we're well austria which also has to top 5 cities in sydney and melbourne. saw an annual increase of more than 25 percent for the year in the u. k. housing prices rose at their fastest pace in 15 years, rising by more than 10 percent. and here in the world's largest economy, median home prices searched 16.9 percent the highest ever recorded by the national association of realtors, which begin tracking the number in 1999. so let's go ahead and take me for a look at the american market with scott walters is a realtor and sales specialist at berkshire hathaway. scott, what have you on the program now? we've seen prices here in the u. s. search since the onset of the pandemic in march of 2020, as mortgage rates felt kind of pump demand. but now rate, they're coming back to pre pandemic level. do you anticipate price they're ready to level off or even come down a little bit? well, that's the $1000000.00 question, right? my gosh, welcome to the wild world of real. i think they're based

that question on the run ups. we just experience in the height of the, the, by new orient. many would say we are a facet right now, and it'll certainly be interesting to see where that goes. now it doesn't seem like we're due for an issue like the sub prime mortgage crisis that brought on the last recession. but do you see a housing bubble on the horizon and what would be the fall out here? yeah, again, i mean, it's the ality of, we're putting the real estate market through the biggest stress test. it's ever in a modern hit street and really get our attention. i mean, the elephant in the room really is everything hinges on the housing market. if the housing market fails, everything and fails, you know, then the last housing bubble, the last one we can look at the away. one of the things that you know, like you mentioned, it was subprime more mortgage. is that primarily the, you know,

the cause of the last bubble and so now is be the, it's, you know, again, they're going to get ready to go up. you know, what's that going to do to this housing bubble? i mean, because the reality is that not ignore, you know, the fact that this is whether you like it or not. it's a housing bubble because you know what happened with it all comes back demick, but we are seeing the lending industry start to introduce those 5710 year arm mortgages, those adjustable rate mortgages to give people choices that you know, the 30 year fixed would be you know, to, i have an interest rate. well there will it take us will rate mortgage again, but both options out there and what we are going to be a little trick. i hope with our lending practices, who in fact would get these loans are in fact out there. so i think that's something we really need to keep an eye on. well, absolutely, but of course, as we said, we would be more strict until we no longer have to be strict. and that's kind of the situation there go, i mean, what the impact of all those people. i mean,

even if we look at, you know, the mortgage is to stay good, but there were a lot of people who rushed out to buy up houses in the last year and a half at 10 to 20 percent over asked price. and they would do it, so it is sight unseen. what happens if those prices drop? what's the impact going to be there? well, you would think not good, right? so the reality is, is when the pandemic 1st, we all took a deep breath stage watching we took a deep breath. we like, oh my god, our life over. and then the spinning made it dropped interest rates in the flood gates in fact open. and then what we thought was this complete fine you for real estate bear bear eyer heavy we were way out of balance. you know we like out of a healthy mix of hers and ours and completely got live fun. oh that people

that rushed out to buy and the desperation and buying is actually really got my attention to be quite honest person is that you're seeing people of bugged a pretty vap. i'll un to 20 percent waving contingent and see faction appraisals are in fact the at risk risk group is 9. you get through that. pandemic it all back to the pandemic with trans emulator economy. we over stimulate that. so now we're left trying to, you know, rise from the actions of that, but the reality is answer your question. point blank. the at risk group in terms of the correction, if and when it comes, all the bought the heights overpaying for the real estate. but the ones that would feeder acid in essence, so down for scott walters, a realtor and sales special, berkshire hathaway,

we hope to have you back. and maybe we can get a little bit better of a connection to a little hard to hear you. but we appreciate, i know there's some great insight in there. thank you so much for your time today. and finally, if you want to be one of the next phase tourists in your pockets while they're feeling pretty heavy words and galactic as an opportunity for you, sir richard branson, space tourism company has a now it will officially open up sales for tickets to the edge of space starting on wednesday, virgin galactic plans itself. $1000.00 tickets that $450000.00. a pop those who take the company up on their offer. we'll have to put down in an initial deposit of $150000.00. so just a little bit of small change there. now law the flight may sound incredibly expensive. it's a far cry from the $55000000.00 bill. you would pay for a $10.00 day orbital space, ex flight. but with virgin galactic, you only get 90 minutes of enjoyment as part of their signature, air launch, and mach 3 booth to space. now stock in the company went on journey of its own on

the news, skyrocketing 30 percent on tuesday, but that barely makes a dent on the losses it is face since it came back to earth following branson's launch in july of last year. you know, it's interesting because we covered all of these big space launches. all of these billionaire is going to space and now they come to you and they say, hey, it's only half a $1000000.00. and isn't that a space? i mean, i guess if you look at it in comparison to the $55000000.00, you'd say half a 1000000. not bad, but it also kind of feels like this is what i've always kinda thought with the branson. virgin galactic space launches is. it's kind of like a roller coaster with them, you know, you take off on a plane, you get the jet boost off the plane. it's like that there was a superman film years ago who that got to try to do this similar idea. and i think like that's what that is that the roller coaster, i don't know if, but half a 1000000 for a roller coaster is the way to go though. absolutely. and especially when you compare it to that 35000000, if you look at the fact that, hey,

you're getting to spend 10 days in space getting a little bit more. well, i guess the more bang for your buck in some ways. but in this case, it's like you go down and pretty much you're getting those bragging rights and you're getting to say that you were a part of making at least making history right now. yeah, i mean that's what i was. so i was just thinking is it's making history, but it's making history for right now. i mean, when they sell those 1000 tickets, when they complete those 1000 transferred, i guess they're probably be what, let's say the math on that is 200. some they might go maybe then that's going to be a little bit of everybody going. yeah, we've seen it. we've done it. we, you know, it's not that exciting. i don't know when that next innovation is going to get is going to really impact young people who haven't been as involved and interested in what's going on in space 5 years from now. they're going to look back and watch this upset of been less and think that we were crazy for the cold because it really and that's it for the time you get boom buzz on demand in the portable tv app available smartphones and tablets, google play, the apple app store by searching portable is quite well same. you can also be done

on samsung smart tv and roku devices or somebody check it out at portable dot tv. well see you next time. ah ah ah, ah, for lunch the u. s. and the u. k. have warned, the bruship may invade ukraine, and yet there has been no invasion for their part. the russians submitted abundantly clear. europe's current security arrangement is untenable to pay more saxon powers of war. russia talks about security ah with

it's been 30 years since the soviet union collapsed in miss gotta go to chill them on to what the problem yet nuclear you talk so. so shown where you swore trust 11 poor little ukraine was one of the independent states that emerge from the ruins of the super bowl. i'm doing awesome. when would you also be on google greens? come a little, i'm surely confusing. some of the act and less new lease in west new did better one more law, a couple of things and finish

with water. the past 3 decades, green line for ukraine. eye witnesses recall the events. this will be more or less due to shoot me a little what i knew more about it. i'm not sure but about 4 months with no idea what else and what other forces were at play. you have to do so to me. show engine mushy. in those them, you problem the kid, what it americans to when it just froze, there was a little versions. rosalie's brother, take a look at ukraine, 30 years out the gaining independence with unless you mean like unity retorted live, but a will. it could be issue ok of lush will still holding still problem

with right now, your headlines on all the international. the war that never was the western media is left with egg on its face. soft or a flower, your predictions there would be an invasion of ukraine today. instead, russian troops returning to base off the wrapping up their drills a long before to. but some can't seem to stop bonnie, the drums of war, the u. s. president, for one who's insisting the threat of an attack remains very real with uncertainty of ukraine pushing up energy prices, germans farrah shortage, and electricity supplies could lead to nationwide blackouts. here at o t, we listen to that concern. our politicians continue to act like they do in their foreign policy with russia and other countries that blackouts may happen. the.