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ben swan ben thank you so much for joining us as always now china is getting ready to enshrine individual's right to privacy and personal data for the 1st time it is a symbolic 1st step as more of that or more of the country of 1400000000 people become digitized what exactly is china attempting to do here. yes so it's somewhat unique people are generally surprised to hear those that phrase china and individual privacy so they're oh well what's going on but what china is essentially doing is recognizing it has a fast growing set of the internet you know internet usage there is extremely high data usage is extremely high and data collection is extremely high and so what china is saying as a country is that there needs to be some protections put into place to really protect an individual's rights and privacy online and what they're doing is they're kind of creating a system that would do that now so far in the legislation that created it is without very many specifics as to exactly how it would work but again it's fairly interesting that they would do this it is important to note though this is relating to internet companies and data collection companies not the government so there are the issue of privacy is for tech companies here and their so-called protections or their so-called protections do not protect from the chinese government correct. yeah that's exactly right the government is not going to be a part of this when we say that china is creating individual user rights in terms of data and privacy does not include the government which has as you know some of the most intrusive and data monitoring apparatuses in the entire world the chinese are very concerned about what's online and what chinese citizens are seeing so they're still controlling that and you do not have a right to any kind of privacy in china from government surveillance but the chinese are saying you should have some right in terms of your data and privacy when it comes to these tech companies and so that's what they're working on create and i want to cover this italian spear privative italian government is preparing to recruit jobless people to function as a volunteer social distancing enforcers that the government will recruit up to $60000.00 suppose it civic assistance to perform functions such as reporting social distancing offenses or any absence of mass is this something that will actually come to pass in italy and will it stay that only there or is this going to spread out to other nations in europe and maybe the rest the world. yeah i can see it staying only there i think the correct term it should be snitches going out and getting 60000 people to snitch on everybody else and look the idea is we're going to monitor whether you're wearing a face mask how close you are to other people there is a bill in the united states is attempting to do a very similar thing that would recruit again people from nonprofits to monitor their communities and so listen there's a tech angle to this but there's also the angle of governments hiring people with taxpayer dollars to monitor each other and i don't see how that ins will for most people a bus co-host ben swan thank you so much for that excellent insight. thanks. and finally china's space program is set to launch a mission to mars according to officials in beijing now the plans include an orbital probe designed to study mars as well as a robotic rover to explore the surface of the red planet now this is the 1st rover mission to mars for china's space program which has announced efforts to expand its space exploration efforts these plans include development and launch of their own space station above earth by 2022 as well as a possible mission to land chinese astronauts on the moon and a programming note here on wednesday's boom bust we taking a deep dive into the world of commercial space development of space x. will attempt to become the 1st private company to launch humans into orbit and that's it for this time you can get boom bust on demand on the brand new portable t.v. app available on smartphones through google play and the apple app store by searching portable t.v. or stream us
ben swan ben thank you so much for joining us as always now china is getting ready to enshrine individual's right to privacy and personal data for the 1st time it is a symbolic 1st step as more of that or more of the country of 1400000000 people become digitized what exactly is china attempting to do here. yes so it's somewhat unique people are generally surprised to hear those that phrase china and individual privacy so they're oh well what's going on but what china is essentially doing is...
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you out of office in just a few months in november all right as always investigative journalist ben swan ben as always thank you so much for analysis we appreciate it thanks. to us now reaching a record unemployment rate as new data shows $20500000.00 american jobs have been lost in april this sends the unemployment rate up to 14.7 percent representing both the largest one month jump and highest level on record however these numbers are considered unreal as it does not include the millions who had their hour slashed or received a pay cut due to this pandemic. overseas now where hundreds of protesters took to the streets in kenya after the government demolished homes and shops that had allegedly been built on government land now protesters were setting cars on fire burning tires and erecting barricades throughout the impoverished neighborhoods police responded with tear gas and live bullets injuring at least one person. russian president vladimir putin gave an address to austria and celebration a victory day put into that the victory over the nazis save humanity and helped revive an independe
you out of office in just a few months in november all right as always investigative journalist ben swan ben as always thank you so much for analysis we appreciate it thanks. to us now reaching a record unemployment rate as new data shows $20500000.00 american jobs have been lost in april this sends the unemployment rate up to 14.7 percent representing both the largest one month jump and highest level on record however these numbers are considered unreal as it does not include the millions who...
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1000 rule breakers and joining us now is just this boom bust co-host and investigative journalist ben swan benthank you so much for joining us as always now china is getting ready to enshrine individual's right to privacy and personal data for the 1st time it is a symbolic 1st step as more of the or more of the country of 1400000000 people become digitized what exactly is china attempting to do here. yes it's somewhat unique people are i think generally surprised to hear those that phrase china and individual privacy so they're all what's going on but what china is essentially doing is recognizing it has a fast growing set of the internet you know internet usage there is extremely high data usage is extremely high and data collection is extremely high and so what china is saying as a country is that there needs to be some protections put into place to really protect an individual's rights and privacy online and what they're doing is they're kind of creating a system that would do that now so far in the legislation they've created is without very many specifics as to exactly how it would work b
1000 rule breakers and joining us now is just this boom bust co-host and investigative journalist ben swan benthank you so much for joining us as always now china is getting ready to enshrine individual's right to privacy and personal data for the 1st time it is a symbolic 1st step as more of the or more of the country of 1400000000 people become digitized what exactly is china attempting to do here. yes it's somewhat unique people are i think generally surprised to hear those that phrase china...
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post an investigative journalist ben swan ben let's start by you having by having you explain this bond to us what's the idea behind it and what is the draw to a 20 year bond. yeah i think it's a couple things 1st of all the idea behind it is you're going to try to pay off some of this massive mounting debt that's being created right now by the u.s. treasury and by the federal reserve bank and when you think about it i mean the numbers are just staggering as to what's being printed in the amount of debt that's being accrued right now so as you said it has been almost 40 years since a 20 year bond has been issued and yet that's exactly what the u.s. treasury is now doing but what's really interesting about this to me is that apparently the treasury secretary says the u.s. government had actually floated 1st the idea of a 100 year bond and then a 50 year bond but what they were advised on was that there's no interest from investors in a 100 year bond for a 50 year but i'll be dead but there are the. absolutely they'd be dead before they were able to see it to yield from that but the 20 ye
post an investigative journalist ben swan ben let's start by you having by having you explain this bond to us what's the idea behind it and what is the draw to a 20 year bond. yeah i think it's a couple things 1st of all the idea behind it is you're going to try to pay off some of this massive mounting debt that's being created right now by the u.s. treasury and by the federal reserve bank and when you think about it i mean the numbers are just staggering as to what's being printed in the...
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privacy and data protection and joining us now to discuss the host and investigative journalist ben swan ben thanks for joining us today now among these concerns over the u.k. contract tracing up the joint committee on human rights said on thursday that it was essential legislation it was and acted to to ensure that mass surveillance of personal data did not result in a violation before the trial was actually expanded what are the biggest concerns we're seeing here. yes so essentially it's important for people to understand 1st of all that google and apple together have tried to create or they say they're creating it will be released this month this contact tree seen up that is separate from the contact tracing apps that are being developed by different governments around the world so in the u.k. they're not using the google apple version not to say as this is a really a good or bad thing but they're not using it they're creating their own and the reason they're creating their own is because they along with countries like france and germany have decided that the google and the apple contact
privacy and data protection and joining us now to discuss the host and investigative journalist ben swan ben thanks for joining us today now among these concerns over the u.k. contract tracing up the joint committee on human rights said on thursday that it was essential legislation it was and acted to to ensure that mass surveillance of personal data did not result in a violation before the trial was actually expanded what are the biggest concerns we're seeing here. yes so essentially it's...
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ben swan now ben there's a lot on pack air what exactly is the rule that president trump is attempting to amend and why is the actually doing that and how big of a deal would it be for these social media companies. yes so for started at the very end there it's a very big deal it's actually something i've been calling for for about 2 years the president now talking about whether or not he can or cannot do this the truth is we don't even know if the president can do this let's talk about what he's trying to do so what the president is trying to do is issue an executive order that would essentially clamp down on companies that are using section $230.00 of the communications decency act to protect themselves with online users essentially what section $230.00 does is it says if you're a platform like twitter or facebook or you tube you can exist as a company someone comes on your platform and they post something that some supposed to be there whether it's a copyright issue a piracy issue or they you know there's hate speech or whatever it might be the platform on which that content is posted the company cannot be held liable for the problem is that and this is what i've been saying for the last 2 years is that the problem is that companies like facebook and twitter have been not acting as platforms but they shifted after 2016 to become publishers in fact mark zuckerberg in front of congress repeatedly referred to facebook as a publisher meaning that they are actually liable for everything that goes on their platform that's why come tech companies think they have the right to police and control what's on there so the president had a couple tweets that were fact checked by twitter it made him angry and now he says he's going to issue an executive order to clamp down lastly on this 1st part the big question is whether or not he can legally do that it would have to go through the courts this is a congressional issue and the president i'm not sure has the authority to do what i do think though that congress should do it and then the question also becomes i know that the president's executive order that would kind of put a lot of things in the hands of the federal communications commission correct that's where a lot of this would be redrawing. the f.c.c. and also the commerce department apparently apparently he wants the commerce department to have more access to crack down on these companies as well not exactly sure how it applies to commerce other than the fact that it crosses state lines i suppose because it's internet but that's apparently one of the agencies that would be looking at you know this wild west of the internet and social media obviously has been around you know. 1520 years now of this type of stuff but we still are in a situation where we haven't been sure to how to characterize it as you said are you a publisher or are you social media what are you and it seems like this just gets more and more complicated as we go. well it does here's the problem is that up until 2016 i think pretty much all the stock companies were just platforms you could go on to facebook you could create a page you could post content on that page and people wanted to see it they would follow you they would like it in they would see it the problem is since 2016 facebook shifted twitter shifted and you tube shifted and they decided that they needed to police content on their platforms and control what was what people had access to and i don't think that we've seen anything like it as dramatically as we have during the past few weeks during this coronavirus pandemic we are seeing an immense amount of content being filtered and sincere and controlled you tube the president of you tube or the c.e.o. excuse me came out and said just a couple weeks ago that you tube would take down any content that contradicts the w.h.o. how does a journalist supposed to feel about that if you're told if you do not agree with the w.h.o. which by the way as you know brand doesn't always agree with itself the w.h.o. have issued you know guidelines saying you don't need to wear masks and then 2 weeks later that you do need to wear masks well which what is it so the problem is is that information especially when it comes to journalism is always changing now there are facts that remain but as new information comes out journalists provide new information and this idea that everything is static is a very strange idea that's being pushed by tech companies right now and it certainly doesn't apply certainly to journalism now twitter's head of integrity your wrath is in charge of developing in enforcing twitter's rules like the one that led twitter to actually slap a new misleading warning label onto a president tweet concerning concerning nationwide mail in balloting on tuesday now is that misleading label what is driving the president's action here well it is it was because 2 of those tweets were labeled as misleading information that's what twitter is using facebook uses a different term they say partly false information is how they're doing it twitter essentially has an internal system but the guy who actually is the head. this people of an earth tweets from him in the recent months in years where he's been extremely critical of president trump has attacked him in a lot of very you know personal ways that don't reflect necessarily journalism and so here's the problem the problem is when you have an internal system inside of twitter that says that we will control essentially you know the information that goes out there is people involved in that and whenever people are involved now you have bias involved and so you don't have a a clean slate at all to be able to operate from that doesn't mean that the president's tweets weren't misleading it means the so-called twitter police who control it are policing maybe one side but then they don't police another point of view look the same thing is happening with facebook but they spoke does is instead of having an internal system they've now set up a supreme court where you can it would that ultimately decides if facebook actually calls it that there supreme court to free speech which is insane and then on top of that they have these different fact checking partners like kalid a factor usa today but i'll tell you i've had 2 stories that have been since are my political act in usa today in just the past 2 weeks and in both cases neither usa today nor political fact actually fact checked my information in fact the political article specifically stated the are there the report that i did the 15 minute report which we did not fact check so this whole concept of fact checkers and who's doing the fact checking has made these companies and completely open them up to attack and i think that they have put themselves in the crosshairs and now president trump is going to squeeze the trigger and i bet i want to hit this last point before we let you go here you know facebook c.e.o. mark zuckerberg actually told me see this morning i know you know it's coming it is not think social networks should be fact checking what politicians post however his platform as you just mentioned fact checks journalists it and i think i have a broader question about this band which is this a little bit of twitter versus facebook that we've never really seen in the. we only see it when it comes to these policies is that what's going on here i think that's part of it look mark that one of the other differences between twitter versus facebook on the issue of politicians is that twitter makes almost no revenue from political ads and facebook makes about half a $1000000000.00 in one year from political ads there's a big difference in terms of revenue facebook always a half a 1000000000 that's nothing for us but they don't act like it's nothing and the idea make your head explode by thinking about this mark zuckerberg says politicians don't need to be fact checked but journalists have to be fact checked by non journalists on facebook in order to exist does that make any sense at all what he's essentially saying is if you're in a position of power we will fact check you but if you attempt to hold those in power accountable you're the ones that were watching boom bust co-host ben swan we will follow the story and bring it back to talk about it thank you so much thanks for. the u.s. economy contracted in the 1st quarter of 2020 by a faster pace than initial estimates according to a new or 2 new data from the commerce department gross domestic product fell by 5 percent from the year prior for the month of january through march of last month the number was estimated to be a 4.8 percent drop over that time frame but was revised down now this marks the biggest quarterly decline since the dive of 8.4 percent in the 4th quarter of 2008 now as home orders persist in the u.s. some economists estimate the economy could shrink by between 30 and 40 percent for the 2nd quarter of 2020 meanwhile more bad economic news as the 1st time unemployment claims in the u.s. hit 2100000 for the week ending may 22nd claim since the beginning of march have now eclipsed 40000000 for more on this in the state of the economy and what markets are doing on thursday let's bring in blue bus c
ben swan now ben there's a lot on pack air what exactly is the rule that president trump is attempting to amend and why is the actually doing that and how big of a deal would it be for these social media companies. yes so for started at the very end there it's a very big deal it's actually something i've been calling for for about 2 years the president now talking about whether or not he can or cannot do this the truth is we don't even know if the president can do this let's talk about what...
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ben swan now ben i know we talk to you a lot about this on thursday and there's more to discuss what do we need to know about this latest escalation between the president and twitter. well i think the biggest thing is really the specifics of what the president laid out in this executive order when we talked about the some thursday that executive order had not yet been released now it has been and what we know about it is that the president decided some very specific reasons why and i alluded to a lot of these yesterday but easy easy explaining very specific reasons as to why this executive order is necessary what he is saying is that twitter and facebook and google are essentially violating that protection clause that is section 230 because they are not acting as a platform and they are instead acting as publishers and as soon as you take on the role of censoring comments deciding what conversations can be heard what information can be heard you're no longer acting as a platform you're acting in an editorial role and that's what he's citing as the reason that they are in violation of essentially their role as a public platform acting as a publisher and therefore are not going to be able to receive protections under section $230.00 that's what he laid out in that executive order when it was released and now has this affected the bottom line for these social media giants i mean it affected the stock at all for twitter facebook and google which were directly mentioned by the president in the initial points yes so google not really facebook's down on friday and twitter is actually down about 2 percent on friday so we do see that those stock prices are down but i don't think it's necessarily as big of a deal in terms of stock prices certainly not in a day the question will be how do these companies respond to it because essentially the trouble ministration says they're going to put the f.e.c. and the f.c.c. and the f.t.c. all kind of monitoring the actions of these companies and if they find that these companies are acting in violation of section 230 where they are no longer going to receive this kind of protection they're going to go after them and so long term i think this has a huge effect on these companies it could force them to change their algorithms that could force them to step away from these policies but we all know it's going to. have to go to court eventually it's not just going to sit like this well unless congress does do something not something that president trump said when he released this executive order is he says that he has democrats who are supporting this as well we know that democrats in the past have said they support this kind of thing the question is will they line up with him on this or are we in such a polarized that you asian that democrats will say no we can't side with drum on anything especially during an election year kristie i want to actually transition to something else that the president said here now we heard him actually accused twitter of not doing enough about china's propaganda but the president has a lot to say about twitter including the stance that his administration is taking on hong kong stating that china's plan to impose a new national security law on hong kong puts it in direct violation of its international commitments the united states and its allies know what is china saying about this plan to impose this new security law. while china right now is facing mounting criticism over its new security laws on the u.s. the u.k. australia and canada have all publicly condemned the legislation but china is rejecting all of this criticism and right now we're in a bit of a bluffing game that u.s. claims that china won't allow hong kong to lose its special status that it is valuable to trade and its a foothold in the west and it's still the preeminent financial center in asia however over in mainland china that is certainly not the story that they're saying that china is saying that the cost of allowing the protest movement to flourish in hong kong basically right under its north outweighs the benefit of a separate legal system that attracts foreign capital so its response is keep hammering back at hong kong that doesn't really stall any other problems and further sanctions and restrictions will only hurt the people in hong kong so we know who are in opposition to beijing and american companies and not as a reminder that more than a 1000 u.s. companies in hong kong could in facebook amazon johnson johnson microsoft and more as well as a lot of u.s. nationals. president trump issued a status. change for hong kong friday from the white house here's what he had to say when speaking about the new chinese law. therefore i am directing my administration to begin the process of eliminating policy exemptions that give hong kong different and special treatment my announcement today will affect the full range of agreements we have with. from our extradition treaty to our export controls on dual use technologies and more with few exceptions. so now kristie that hong kong special status has been actually revoked what could be next for us china relations. well this is the beginning of a irreconcilable split this is the start of a great a coupling between us and china basically bifurcated in the world economy into 2 spheres of influence on college just being another chinese city and shanghai will instead rise as the international and financial center so as a result hong kong global economy would be devastated as currently and enjoys in there travel between the u.s. and asia and the region is exempt from u.s. tariffs and probably most importantly there is a free exchange of hong kong dollars for u.s. dollars so if the u.s. was to restrict the hong kong monetary authority access to u.s. dollar that is actually the extreme nuclear option on the table that would restrict the flow of capital the lifeblood of the economy and basically devastate thanking investment shipping logistic all that flow through hong kong right out of the major hub all the while triggering a widespread kapil flight because hong kong is known for having low taxes so this is the nuclear option so to speak and it really is a double edged sword that will not only harm the interests of hong kong but also significantly those in the u.s. because in the event that the u.s. would like to pursue that extreme option of banning hong kong from clearing u.s. dollars hong kong would be cut off and she doesn't have to seek an alternative global currency in order to work with and most likely they'll either have to resort to you know the u.r.l. or the r. and b. and basically the last thing that the u.s. wants right now is for the r. . gain even more global problems and now ben i wanted to follow up on one story we've been following obviously for quite some time now china's foreign ministry said friday that canada is an accomplice to the u.s. government's efforts to bring down chinese tech giant weiwei and said canada should immediately release while way executive many ones oh is there truth to the claim that canada is working in appropriately in appropriately with the united states and its case against weiwei c.f.o. . i think there's a lot of evidence that that is true i mean if you look at the situation on the wage main ones 0 was essentially arrested and canada she was detained she was lied to reportedly about why she was being detained she had her cell phone searched while she was being lied to without being detained with the way the canadian authorities conducted themselves was essentially acting as an arm of the department of justice of the united states even though you know many ones i was in canada at the time she was not in the united states and yet
ben swan now ben i know we talk to you a lot about this on thursday and there's more to discuss what do we need to know about this latest escalation between the president and twitter. well i think the biggest thing is really the specifics of what the president laid out in this executive order when we talked about the some thursday that executive order had not yet been released now it has been and what we know about it is that the president decided some very specific reasons why and i alluded to...
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right according to him so joining us to discuss boom bust co-host and investigative journalist ben swan so ben when warren buffett makes a move publicly it really moves markets so how did this announcement affect airlines today yeah it was it was really bad for airlines you know over the weekend when buffett made this announcement in a call to investors essentially it immediately goes public and so everyone anticipates that just going into today the airlines would be down and if you anticipated that you were right we're talking about you know southwest airlines down 7 percent american airlines delta airlines and united airlines all down 8 percent so it had a huge effect on the stock of those 4 different companies you know with when warren buffett says he's pulling out it's bad news but we should mention that we're above it's been down on the airlines for a lot of years you know in back in 2007 he talked about how they were terrible invest but he didn't like them then a few years later he decided to get involved with the airlines he bought stake in 4 of them because he saw that they were consol
right according to him so joining us to discuss boom bust co-host and investigative journalist ben swan so ben when warren buffett makes a move publicly it really moves markets so how did this announcement affect airlines today yeah it was it was really bad for airlines you know over the weekend when buffett made this announcement in a call to investors essentially it immediately goes public and so everyone anticipates that just going into today the airlines would be down and if you anticipated...
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ben swan all right ben i don't know if this is even a fair question for you. is it because i've been or is it gold or you know what i'm going to say i want to say it's because of course but i think there's some there is some statistical evidence to back me up here look listen gold is good no no taking shots here gold i think there's a lot of people who've invested in gold for a lot of years it has been truly a safe haven asset and gold has been on the rise you know gold's up something like 16 percent since march so it's done pretty well and for folks who you know are tied into it it's obviously a good investment and a lot of nations are tied into gold nations like china certainly buy up a lot of gold so there's no knock on it but if you're talking about just are alive return on investment cohen is far superior i'm just since march alone because it has increased by 42 percent and in general if you go back to the fact that big coins really about 11 or 12 years old we're talking about thousands of percent return on those initial investments and that quite so it has risen pretty steadily and it's been strong now big coin is more volatile than gold. terms of the day to day week to week outlook but again if you're going by larger swaths 3 months 6 months or a year because the way to go well but if we're looking at something if we want to use the term safe haven aren't we looking at that situation where it's less volatile than say big coen i mean isn't that why. people like our friend peter schiff i know we always reference whenever we talk about gold but our friend peter schiff he would say look it's not volatile yes you're not going to see the big gains that you see in because but you're also not going to see that big plunge if say you buy at 8000 and drops to 5000 in a couple weeks span right so here's here's the problem with what's happened with bitcoin so if you go back 12 years and you say those initial investors or even people who are buying you know they quit in 2015 or 2016 or even 2017 right people who held onto those investments as a long term actual store of wealth investment they do well the problem is that a lot of people at the end of 2017 were getting into big coin because they saw it as a money flip they wanted to go and get a return on that investment you know it increased by a 1000 dollars 2003000 dollars and then get back out of it again so they were essentially trying to flip money that is not any kind of store of value if you do that with gold you would never make your money back likes it takes too long but that's how people were treating it but if you go back to treating that point as an actual safe haven and not just because by the way but other currencies as well if you treat them a safe havens and say i'm buying in today let's see what this is worth in 5 years or 10 years i think you're going to be pretty happy now but i wanted to touch on this because we're now seeing some massive major players were actually measure this earlier like multibillion dollar hedge fund manager paul tudor jones who order of diversifying their portfolios with because jones even compared because potential to that of gold in the 1970 s. why is because it considered better by an investor like him i mean obviously he has more money to play with say a day to day and i just don't i mean but he's still so. value. sure he absolutely is well there's a couple of things you know big quinn is superior in a few ways to gold and that's not exactly way but in a few pretty specific ways one is the gold it's difficult to transport it's not very portable obviously because it is because it's all digital so it's much more liquid and you can and you can move it around if you decide you need to use that point at some point to cash that out and actually use it it's much easier to do than gold as well and i think just overall if you look at the future of money storage. currency in general it's easier to use something like a big coin or crypto currency compared to gold which takes physical space to store which requires you know more hoops to jump i mean where do you store it where do you keep it if you really want to it to protect it i can do that on a flash drive whereas somebody else would have to have a huge safe someplace to bust co-host ben swan thank you very much for breaking that down for us. and that's it for this time because boom bust of the brand new portable t.v. episode on smartphones through google play on the apple app store by searching portable t.v. and you can also catch us as always at youtube dot com slash boom bust r t c n x time. when i last saw it seemed wrong. i don't really see just don't call. me. yet to see. this thing become active. and engaged with equals betrayal. when something you find themselves worlds apart we just of the common ground. welcome to max hazard and it's a survival guide. 2 year. yanks this is what happens to pensions in britain. you watched as a report. you have a lot of people where you can keep blurry i'm going to remember anything but at least . you could probably. in the. birth week i was really. mean you. will ask yourself how are you going to walk how are you going to protect yourself. with your new. using technology where they've been able to me x. people's private infor
ben swan all right ben i don't know if this is even a fair question for you. is it because i've been or is it gold or you know what i'm going to say i want to say it's because of course but i think there's some there is some statistical evidence to back me up here look listen gold is good no no taking shots here gold i think there's a lot of people who've invested in gold for a lot of years it has been truly a safe haven asset and gold has been on the rise you know gold's up something like 16...
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insecure so for more on these latest numbers investigative journalist a co-host of boom bust ben swan joins me now ben good to see you let's 1st talk to people filing for unemployment what's the latest. now with the latest we're looking at another 3200000 people filing for unemployment in the last week that now puts us very close ferrand of 35000000 people in the last 6 to 7 weeks an unbelievable number of the asli it's not a true number in terms of these people being truly unemployed they're just without ours that's probably the better way to put it right now these are people who are saying i had no hours last week and i had no ability to make income now for 6 or 7 weeks what's really scary about this though is i've talked to a lot of people who say that they're just waiting in line like they filed for unemployment but that doesn't mean they're getting unemployment there are millions of people possibly tens of 1000000 right now who are not receiving checks just because you file doesn't mean you're getting money. wow that's really that's crazy now has the united states ever seen anything like this bef
insecure so for more on these latest numbers investigative journalist a co-host of boom bust ben swan joins me now ben good to see you let's 1st talk to people filing for unemployment what's the latest. now with the latest we're looking at another 3200000 people filing for unemployment in the last week that now puts us very close ferrand of 35000000 people in the last 6 to 7 weeks an unbelievable number of the asli it's not a true number in terms of these people being truly unemployed they're...
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apologize about that it looks like we're having some technical difficulties with christi and ben so christi and ben swan bus co-host thank you so much for your time. in the world health organization's chief scientist says it could take up to 5 years before the quote a virus pandemic is fully contained during a conversation with the financial times global boardroom dr sonia swamy nathan added a vaccine could be the best way out of this dire situation but questions remain so let's take another global look at the trends and spread of the quote of virus with r.t. correspondent sites have a day or so tell us where we are in the u.s. states start to reopen brand there is so much political pressure ad the moment you were started there kind of me and released people from isolation and law president trump on monday claimed that all throughout the country the number of new infections were in the creasing well that clashes with a leaked white house virus task force report that shows that some will areas of the u.s. are actually seeing infections spiked by more than 1000 percent in a week yet states are rushing to
apologize about that it looks like we're having some technical difficulties with christi and ben so christi and ben swan bus co-host thank you so much for your time. in the world health organization's chief scientist says it could take up to 5 years before the quote a virus pandemic is fully contained during a conversation with the financial times global boardroom dr sonia swamy nathan added a vaccine could be the best way out of this dire situation but questions remain so let's take another...
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ben swan and also boom bust ben good to see you stay safe out there there are things. other news making headlines today supreme court justice ruth bader ginsburg was hospitalized on tuesday with an infection caused by a gallstone but despite that the 4 time cancer survivor you heard that right she remains active with her duties joining her fellow justices by phone from her hospital bed to take part in court arguments the 87 year old justice was even heard on the day that she was hospitalized taking part in a case related to using tax funds to fight aids around the world take a look at this incredible scene and i assure you this massive wall of dust was suspended in the air above its capital city turning the sky into a crimps and blood right experts say that this sand storm is the result of a weather phenomenon called a cold leave out that's originating from the sahara desert no major disruptions were reported but that is just credible video also incredible we're going to have sitting in our sports agent here regina tennis players they are eager to return to the court and $1.00 to $1.00 of the top ranked players actually did just that tell me more about it now is a little bit of trouble because you know everybody around the world is looking. for a way to get back into sport and runners are one of them they're looking to use as the master of the race course but there was one who came almost a half century before him and we take a look at that man in today's events in sports history back to $94.00 britain's roger bannister became the 1st man in history to run a subform in a mile under 4 minutes one mile minister registered a time of 3 minutes and 59.4 seconds on a cinder track at oxford university in england to a 5 year old medical student ran with 2 pacers chris chataway and chris brasher both of future income of wild game athletes the record though only lasted 46 days for us shows john landry beat it by more than a 2nd and he has absolute exhaust you might be passed out there too but 64 years later say in england it was an ending for longtime arsenal manager arsene wenger as he coached his last game for the gunners then your coach 22 years of the club winning 3 premier league cup titles and 7 f.a. cups the time of his retirement he was the longest serving manager in the premier league coaching arsenal and 823 games yet some fans were happy to see him go after his below average performances in his final 2 seasons and tennis players around the world you mention before are 8 stuck in their homes no to practise or to train however one started major fight his way on the courts and found himself in a bit of hot water a.t.p. world run number one post a video of himself training at a point of romano my bet of tennis court spain the country did relax on lockdown measures that were in place as march but many athletic clubs did not choose open til next week was quarantining in the spanish coastal city and apologize for his actions means that they do allow athletes to work out by themselves but the serbian was not alone on the boards don't do that next time and despite a 13 hour time difference between the east coast and south korea baseball is back with a few names for american start learning however was a big milestone in the k b o for one former major leaguer in his team's game against the seams on the lions top of the 2nd dinah's young on 1st park so min at bat blast the ball deep to lessen he'll usually make it all the way around from 1st to score the gay. 1st run as a thrown in a ball is cut off by former philadelphia phillies pitcher ben lively in the dynasty one nothing lead later in the. in a ball deep in a stance from a lively for the 2 run homer find themselves with a comfy 30 lead to the 3rd we go live if i'm self opposite for a phillies tonight and alter in all their wins the battle of a solo middle left field. for nothing you see i'm on stoppable and the homer is a 1st for all there in his cave you know christine it's pretty happy for him there but the lions bats came alive in top of it down especially my great deal of fast but at least for his own solo home run putting it on the lions on the board of the diner still have a 3 run lead it would be a rough inning for right part came in send it out to right field stance or a back to back home or putting in the lions within 2 runs but the night diners lead in for 3 closer one john you off speed pitch to parch and grounds out 1st and ends the game come away with the 43 win and this might be the weirdest 1st pitch that anybody has ever seen considering it wasn't real
ben swan and also boom bust ben good to see you stay safe out there there are things. other news making headlines today supreme court justice ruth bader ginsburg was hospitalized on tuesday with an infection caused by a gallstone but despite that the 4 time cancer survivor you heard that right she remains active with her duties joining her fellow justices by phone from her hospital bed to take part in court arguments the 87 year old justice was even heard on the day that she was hospitalized...
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an investigative journalist ben swan never a dull moment with amazon is there ben let's start with these claims what exactly is amazon accused of doing with this seller data. yes so here's the deal essentially amazon is being accused of taking 3rd party sellers on their website gathering all kinds of data about them as everything from the price that they set for a product how that product is developed how that product is marketed whether or not the public responds what kind of response they get from different demographics in the public compiling all that data and then using it to create their own private label products and then selling them on their their marketplace in direct competition with those 3rd party sellers so an example of that for one example would be there was someone who was a company that was the top selling truck organizer that's what they were selling on amazon's website amazon reportedly gathered all this data about them found out what they were doing how they were doing it then turned around and created their own private label trunk organizers that were amazon they so
an investigative journalist ben swan never a dull moment with amazon is there ben let's start with these claims what exactly is amazon accused of doing with this seller data. yes so here's the deal essentially amazon is being accused of taking 3rd party sellers on their website gathering all kinds of data about them as everything from the price that they set for a product how that product is developed how that product is marketed whether or not the public responds what kind of response they get...
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ben swan thank you both for being here as always now ben i want to start with you over the last few years there has been a lot of claims being made about bitcoin mining being terrible for the environment what were those and times. well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you know the fossil fuel usage to be too high or there was there were a lot of different claims about it that essentially acted as if and i'll quote one of the articles the oceans were burning and boiling because of the corn that was the way it was treated for a long time the problem is is that right now as you just pointed out we're seeing a lot of environmental effects of these lockdowns we can you know argue about the political social side but there's no question that environmentally the world seems to be better off as a result of it and as that's happening in mining has continued in fact according to some analysts it's actually very close to its peak high worldwide right now and yet the environments doing better so apparently because it was getting a bad rap for all the things that were being claimed about how mining was ultimately destroying the environment so cars and traffic and things bad for the environment because of mining maybe not so much governor christie what about all of this how has this pandemic or stay at home orders affected because of mining that this is the work that you have to leave your home to take a part in in many cases correct in fact i believe that when you could go to work you could actually just set your computer to do it if you're not talking about big big point of. mining farms and yet this country because mining is being called essential and in other places it's being locked down completely. well we're talking about 2 different things here because mining farms they usually don't have a ton of stuff on hand but no it is working i actually do have to leave your home to take part in if you're directly in the mining operations if you're part of a mining pool and manly contributing your own computing power over at home and you're working off with a larger mining pool that's completely different you could be your hardware you don't even need to leave your home but the actual operations of a mining farm it actually works closer to a power plant or utility plant it runs 247 there always has to be stuff on hand all the time even if it is a skeleton crew so that presented a question of whether or not it's an essential bill. yes that's caused by differently in different regions so in places like canada mining is considered an essential business as canada they do have energy subsidies they tend to be very friendly and crypto friendly other places like argentina it's not just i can california cannabis is considered an essential business other places it's not so at all that varies from place to place so that's what makes it very different for mining operators to have a competitive advantage because simply their geographical location contribute so much to their operations places like canada china russia they have significant they are significantly cheaper due to the friendly and supportive regulatory environment along with the subsidized electricity costs which is one of the main costs for all of these operators no no no chris this is a really dumb question but it is the concern when they want to lock down these situations and want to stop the mining is it because a power consumption overall is that what the concern as well especially what we have stay at home orders. simply because they don't view of mining as 80 necessary essential good then service that is necessarily need it everything is considered a central business now is related to food supply and the transfer of medical equipment so they're saying that mining because all of the only thing of transporting is huge mining rate you're moving them from location to location that is not needed and that logistics and supply chain could be better diverted for use of supply hospital with masks and other ventilators and i'm talking about more on the essential here now kristie there's also talk that crypto miners who were once seen as being part of the dark web could actually turn their mining regs to help fight covert 19 is this correct and how does that work. well it's actually a fascinating one of the coolest examples of modern day distribute crowd computing so it's a collaboration as we know it's crucial during these times of global crisis and right now there's a group called fully at home that they launch a new initiative that involves individuals across the world to offer up and contribute their computing hard power to simulate the code in 1000 proteins in order to find a potential treatment or cure so this is very similar to sharing. computer hardware for mining operations so by stimulating the protein scientists are then able to understand how they work and they can then decide to design their products and work to stop the common 1000 protein folding at home right now is calling on volunteers to contribute the i don't computing power to run the simulations and this initiative made very successful strides years ago in the fight against ebola so when you malaysians that can run in a short amount time the faster we can get a care so now crypto miners are of course in a prime position to help out with their massive rigs and their g.p.s. so it's all working for a great cause now ben i know this wouldn't be actually like a mining of the crypto for the monetary purpose but we talk about like a big big coin mining farm couldn't they put all of their resources into this to help this make push this cool technology. yeah i think they're absolutely could i mean the reality is this though that that bitcoin and cryptocurrency one of the powers of it is to not be centralised so yes you're absolutely right and chris is right when he talks about these these farms and the big rigs that they have but one of the great things about crypto currency is the ability to diversify in decentralized technology and that and also includes using rigs or computing power that's broken up over a large group of people geographically as opposed to everything being centralized so there's a lot of power also away from the farm side of it and just among those the currency miners who are able to do this from their own location no better one of the diverge a little bit off of the mining sector here
ben swan thank you both for being here as always now ben i want to start with you over the last few years there has been a lot of claims being made about bitcoin mining being terrible for the environment what were those and times. well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you know the fossil fuel usage to be too high or there was there were a lot...
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ben swan thank you both for being here as always now ben i want to start with you over the last few years there has been a lot of claims being made about bitcoin mining being terrible for the environment what were those and times. well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you know the fossil fuel usage to be too high or there was there were a lot of different claims about it that essentially acted as if and i'll quote one of the articles the oceans were burning and boiling because of big oil that was the way it was treated for a long time the problem is is that right now as you just pointed out we're seeing a lot of environmental effects of these lockdowns we can you know argue about the political social side but there's no question that environmentally the world seems to be better off as a result of it and as that's happening in mining has continued in fact according to some analysts it's actually very close to its peak high worldwide right now and yet the environment doing better so apparently because it was getting a bad rap for all the things that were being claimed about how mining was ultimately destroying the environment so cars and traffic and things bad for the environment because of mining maybe not so much governor christie what about all of this how has this pandemic or stay at home orders affected because of mining that this is the work that you have to leave your home to take a part in in many cases correct in fact i believe that when you could go to work you could actually just set your computer to do it if you're not talking about big big point of. mining farms and yet this country because the money is being called essential and in other places it's being locked down completely. well we're talking about 2 different things here because mining farms they usually don't have a ton of stuff on hand but no it is working i actually do have to leave your home to take part in if you're directly in the mining operations if you're part of a mining pool and manly contributing your own computing power over at home and you're working off with a larger mining pool that's completely ringback different you can be your hardware you don't even need to leave your home but in the actual operations of a mining farm it actually works closer to a power plant or utility plant it runs 247 there always has to be staff on hand all the time even if it is a skeleton crew so that presented a question of whether or not it's an essential bill. that's caused by differently in different regions so in places like canada mining is considered an essential business as canada they do have energy subsidies they tend to be very friendly crypto friendly other places like argentina it's not just like here in california cannabis is considered an essential business other places it's not so at all that vary from place to place so that's what makes it very different for mining operators to have a competitive advantage because simply there geographical location contribute so much to their operations places like canada china russia they have significant they are significantly cheaper due to the friendly and supportive regulatory environment along with the subsidized elections the costs which is one of the main costs for all of these operators are no no chris this is a really dumb question but it is the concern when they want to lock down these situations and want to stop the mining is it because the power consumption overall is that what the concern is well especially what we have stay at home orders. simply because they don't view of mining as 80 the necessary essential good then service that is necessarily need it everything is considered essential business now is related to food supply and the transfer of medical equipment so they're saying that mining because all of the only thing of transporting is these huge mining razor moving them from location to location that is not needed and that logistics and supply chain could be better diverted for use of supply hospital with masks and other ventilators and i'm talking about more on the essential front here now kristie there's also talk that crypto miners who were once seen as being part of the dark web could actually turn their mining regs to help fight covert 19 is this correct and how does that work. well it's actually a fascinating one of the coolest examples of modern day distribute crowd computing so it's a collaboration as we know it's crucial during these times of global crisis and right now there's a group called folding at home that they launch a new initiative that involves individuals across the world to offer up and contribute their computing hard power to simulate the code in 1000 proteins in order to find a potential treatment or cure so this is very similar to sharing your computer hardware for mining operations so by stimulating the proteins scientists are then able to understand how they work and they can then decide that design therapeutics are to stop with the code in 1000 protein folding at home right now is calling on volunteers to contribute their idle computing power to run the simulations and this initiative made very successful strides years ago in the fight against people so with more stimulation 2nd run in a short amount of time the faster we can get a cure so now crypto miners are of course in a prime position to help out with their massive rigs and their g.p.s. so it's all working for a great cause. and i know this wouldn't be actually like a mining of the crypto for the monetary purpose but we talk about like a big big coin mining farm couldn't they put all of their resources into this to help this make push this cool technology. yeah i think the absolutely could i mean the reality is this though that that bitcoin and cryptocurrency one of the powers of it is to not be centralized so yes you're absolutely right and chris is right when he talks about these these farms and the big rigs that they have but one of the great things about crypto currency is the ability to diversify in decentralized technology and that and also includes using rigs or computing power that's broken up over a large group of people geographically as opposed to everything being centralized so there's a lot of power also away from the farm side of it and just among those cryptocurrency miners who are able to do this from their own location and i'll bet i want to divert a little bit off of the mining sector here in crypto but speaking of the dark web which i mentioned earlier there there are some reports that some people are offering blood that allegedly belong to recover coronavirus patients for sale on the dark room web as a passive vaccine what do we know about that yes so essentially the idea is you go and you get blood from somebody who has recovered from kobe 1000 of corona virus and then that blood carries antibodies in it and the blood plasma specifically you would inject into your system and it would help to give you antibodies which could then essentially make you immune to contract in corona virus is the same concept as a vaccine is very similar in a lot of ways and the truth is that there is a medical science behind this in fact doctors actually do this there is a lot of talk about people who have recovered and using some of their blood with antibodies in it and giving that to patients so it's not it's not that it's a voodoo science but the idea that you would buy it on the black market or on the dark web and buy your own supply of it that seems very strange and of course is not the only thing i mean you can find lots of different items on the dark web related to ventilators and face masks and everything like that but this might be one of the more kind of bizarre ones just because of the fact that it's blood and you don't know what you're getting when you buy anything and not just on the dark web you don't know what you're getting when you buy things in lots of different locations you certainly don't go shopping for. lead someplace where you don't know where it's coming from well ok there are a couple questions i have here but i mean how do we know number one that if the blood being sold on the dark web actually has the antibodies in it and actually is of a crowd of our patient which is my number one concern and are there legality concerns about selling blood on the we're not just the dark web on the web in general well that's a really good question as far as legalities the truth this is there probably is no federal law about selling blood but there probably are state laws that deal with that so it might be different from state to state that location to location that could be very possible but you know the fact is you don't know it look there are people who go and they attempt to get botox injections right and some hack person will say i'll do it for really cheap and they inject mineral oil in your face and your face is sagging afterwards because it wasn't even botox there are people who do that with something like botox imagine going and finding blood and someone saying trust me i got this blood from a legitimate source but i'm selling it to you out of the back of my car it just seems like a very strange way to purchase something and certainly anything whether it's blood or not that you would inject into your system you would have to take great measures to make sure it's a legitimately what it's supposed to be a boom bust co-host ben swan and kristie i way to end it on a very bizarre note thank you both for your expert analysis today. thanks very. much and finally a little back and forth from the movie been surrounding an unlikely blockbuster trolls the world tours now as movie theaters around the world were forced to shut their doors 'd due to the ongoing pandemic universal pictures decide to release the sequel for the digital rental on the 10th of april though earlier this week it was reported that after 3 weeks on demand the movie brought in $100000000.00 in rentals now according to universal pictures the distributor collected roughly the same amount of revenue as the 1st trolls film had collected during its 5 month theatrical run now this could change the way the company releases movies in the future according to n.b.c. universal c.e.o. jeff shell who told the wall street journal as soon as theaters reopen we expect a really. movies on both formats as sentiment sentiment shall actually echo during universal's
ben swan thank you both for being here as always now ben i want to start with you over the last few years there has been a lot of claims being made about bitcoin mining being terrible for the environment what were those and times. well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you know the fossil fuel usage to be too high or there was there were a lot...
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claimed well joining us now this is just the 2 of us co-host christiane and ben swan thank you both for being here as always now ben i want to start with you over the last few years there's been a lot of claims being made about bitcoin mining being terrible for the environment what were those flames well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you know with fossil fuel usage to be too high and there was there were a lot of different claims about it that essentially acting as if and i'll quote one of the articles the oceans were burning and boiling because of big oil and that was the way it was treated for a long time the problem is is that right now as you just pointed out we're seeing a lot of environmental effects of these lockdowns we can you know argue about the political social side but there's no question that environmentally the world seems to be better off as a result of it and as that's happening in mining has. continued in fact according to some analysts it's a
claimed well joining us now this is just the 2 of us co-host christiane and ben swan thank you both for being here as always now ben i want to start with you over the last few years there's been a lot of claims being made about bitcoin mining being terrible for the environment what were those flames well it was basically everything everything that was wrong with the environment could somehow be traced back to big question whether it was using too much energy whether or not it was causing you...
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ben swan the journalist on t.v. his death and you joining us on the program ben at what has been to me the gains the ante for now. well there's been a lot of pressure on the president to move against in secret for some time there are a lot of people who believe that n.t.p. does act as a terrorist organization specifically they when they show up at protests as counter protesters and attack other groups of protesters but that being said there's a lot of politics starting to play into what's happening across the country right now because it's the establishment and the the story that you guys just ran which is pretty interesting the establishment of the country is not sure what to make of these protests i think a lot of it has to do with it's it's in part a black lives matter issue it's impart a response to police violence against unarmed black men because we've seen this over and over but i also believe that are seeing this in relation to the lockdown that happened in the united states there are a lot of people who have been frustrated with with a lot of right now frustrated with the financial system they're frustra
ben swan the journalist on t.v. his death and you joining us on the program ben at what has been to me the gains the ante for now. well there's been a lot of pressure on the president to move against in secret for some time there are a lot of people who believe that n.t.p. does act as a terrorist organization specifically they when they show up at protests as counter protesters and attack other groups of protesters but that being said there's a lot of politics starting to play into what's...
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ben swan as usual making it interesting bringing us the latest we appreciate it ben have a wonderful wonderful weekend whatever your name is. today there are more questions about the court proceedings of former national security advisor michael flynn flynn who was a u.s. army general entered a plea deal with prosecutors but now there are new handwritten documents that have been uncovered which revealed just how zealous the government's attorneys were in trying to convict him he was obviously found guilty and has been in prison one note states what is our goal truth or admission or to get him to live so we can prosecute him or get him fired now here's the question is that just an honest question over motivation of what the u.s. attorney strategy will be which happens all the time when lawyers talk to each other or is it something more nefarious is it as some are suggesting a sign that the government was directly trying to entrap him. joining us now at martin he's a conservative radio host who believes the government may have overstepped its mandate in part of this investigation so let
ben swan as usual making it interesting bringing us the latest we appreciate it ben have a wonderful wonderful weekend whatever your name is. today there are more questions about the court proceedings of former national security advisor michael flynn flynn who was a u.s. army general entered a plea deal with prosecutors but now there are new handwritten documents that have been uncovered which revealed just how zealous the government's attorneys were in trying to convict him he was obviously...
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ben's feed there. let's just end that segment there kristie i and ben swan to busk oh thank you so much for your expert analysis and the world health organization's chief scientist says it could take up to 5 years before the coronavirus pandemic is fully contained during a conversation with the financial times global boardroom dr summit swami nathan added a vaccine could be the best way out of this dire situation but questions remain so let's take another global look at the trends and spread of the current a virus with r.t. correspondence i tablet or so i was told where we are today in the united states to start with saran there is so much political pressure ad the moment to restart the economy and release people from isolation and while president trump on monday claimed that all throughout the country the number of new infections are decreasing well that clashes with a leaked white house court appointed virus task force report that shows that some rule areas of the u.s. are actually seeing infectious infections spiked by more than 1000 percent and that's in a week yet states are rushing to reopen afte
ben's feed there. let's just end that segment there kristie i and ben swan to busk oh thank you so much for your expert analysis and the world health organization's chief scientist says it could take up to 5 years before the coronavirus pandemic is fully contained during a conversation with the financial times global boardroom dr summit swami nathan added a vaccine could be the best way out of this dire situation but questions remain so let's take another global look at the trends and spread of...
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literally have to hit it every hour that's why we have ben swan following things for us at the coronavirus update desk the global update desk ben what do you start with. well let's start with the president made a statement today during his news conference you know he does these news conferences every day and it got quite a bit of attention the statement was essentially saying blamed that the coronavirus began that he made a statement that the coronavirus came out because of an accident or a mistake at that lab those were the words that he used mistake and then he said that he had seen evidence of this and i did not presume what the evidence was of the side but as you know this is a pretty controversial subject because the chinese government says it began at an open animal market where animals are slaughtered and that it came from some bats that were being sold there but others have claimed that it actually came from inside this lab for testing was being done of which you and i have talked about the u.s. actually gave 3 point $7000000.00 to the chinese government to study coronavirus at that lab and so it's a somewhat touchy sub
literally have to hit it every hour that's why we have ben swan following things for us at the coronavirus update desk the global update desk ben what do you start with. well let's start with the president made a statement today during his news conference you know he does these news conferences every day and it got quite a bit of attention the statement was essentially saying blamed that the coronavirus began that he made a statement that the coronavirus came out because of an accident or a...
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has been bust co-host and investigative journalist ben swan and editor of the logical investor sean hyman gentlemen thank you for joining me today ben let's start with you this report puts into numbers something we already know that small businesses and employees all over the country they've been devastated but just how bad is it. yeah it's pretty bad i mean we're talking about since all these lockdowns really began in the shutdown orders began about what 56 weeks ago we have 30000000 people who have filed for unemployment in those numbers only continue to go up the reality though is that just because people are file for unemployment it's important to remember that of there are a lot of people who have not gotten anything there are millions of people who have not received a single check for those for that unemployment filing so that's very important to remember for workers and of course most of the people we're talking about here or working in the hospitality or service industry they're working for restaurants they're working for bars in some kind of a service job like that and the reality sarah is that when this comes to within the
has been bust co-host and investigative journalist ben swan and editor of the logical investor sean hyman gentlemen thank you for joining me today ben let's start with you this report puts into numbers something we already know that small businesses and employees all over the country they've been devastated but just how bad is it. yeah it's pretty bad i mean we're talking about since all these lockdowns really began in the shutdown orders began about what 56 weeks ago we have 30000000 people...