is there still time let's ask chris hedges you know him as host of on contact here on r.t. america and for twenty years you read him in the new york times for which he as a foreign correspondent often reported from dangerous places he's a professor an ordained minister and he's authored a number of books the most recent of which is america farewell tour chris welcome back thank you you have written about despair the feeling of being overwhelmed by a reality feeling donald trump is parlayed into the presidency his supporters want to shake things up for the sake of doing so he's a blatant and it's tried cheers saturday night live cannot one up the kanye west in the oval office scene of what are we now at risk because of trump buffoonery. well the book really looks at what the sociologist a mill durkheim calls anime it is as you correctly pointed out this despair this alienation this sense of stagnation of being thrust aside in an oligarchy a state of having no place of not receiving adequate remuneration for your work of not bein able to engage in any real social mobility of

chris hedges would report that, but rt sure did. host: fake news, there's an app it's immensely popular in brazil, is also filled with lies. the national -- a national outlet reported companies purchased millions of dollars in messaging packages to blitz users with propaganda supporting the far right candidate. they discovered more than half were misleading or false. what are your concerns with an where a business -- where it's a business model based on having encryption and no one can see the messages? guest: my partner and i were in brussels last week and we decided to step up our plan to expand in europe. brazil is another country that the platforms have mentioned to facebookcussions with and google. this is a worldwide problem. the genie is out of the bottle. >> is there a partnership in the works. >> they are varied depending on the platform. in some cases it's down to how much are you going to charge? it's technologically easy for them to do it. much easier than it may stand. to charge are going to license this are probably le

why don't you have chris hedges, garrett porter, some people who know what is going on in the world?sm very happy to hear haley stepping down. previous par with her ambassador, u.s. ambassador to the united nations. they seem to know nothing about what is going on in the world. why aren't we getting more about who know something united states warmaking, around making so many lives miserable? androke up yugoslavia attempted to break up completely baghdad, which we have broken it as a nation. we have not formed it into sections yet. libyaen our breaking up israel -- just as well, a journalist wrote the plans for breaking up the secular nations in the middle east so that israel could take over and have that greater israel that would bring basically a pox israel to the area. please, bring some people onto c-span who talk about united states foreign-policy. host: we try to bring people on this program from a variety of viewpoints to talk about foreign policy, domestic policy from all sides. we will keep working to do that. andrew is in west point, mississippi, an independent. caller: hell

host: i went to get -- guest: and chris hedges did not report that, but rt did. i want to get your reaction to this editorial in the washington -- in "the washington post" this morning. fake news, there is an app for that. whatsapp needs to take responsibility. it is popular in brazil and needs to take responsibility. they have propaganda supporting the far right candidate. researchers who analyzed the 50 images,wed whatsapp open to the public that more than half were misleading or false. what is your concern with an app like this, where its business model is based on having encryption, and no one can see the messages? guest: that is a tough one. i will just say that my partner and i were in brussels last week, and we decided to step up our plans to expand into europe beginning in january. brazil is another country that the platforms have mentioned to us and urged us to consider in discussions with facebook, google, and others. they have said, you need to look at that country. so this is a worldwide problem. the genie is out of the bottle. host: what kind of disc

person on the krs board with much investment management experience was chris tobe.s he thought it risky bet. >> ...you hire a hedged, you're looking for a fund that has a track record, experience.h >> smiright, and this one didn't. >> correct. buglen sergeon had a relationship with adam tosh, the chief investment officer of krs at the time. tosh sold us that... >> smith: tobe told me that krs's chief investment officer, am tosh, convinced the board to invest in arrowhawk, which omresulted in a large fee arrowhawk for tosh's man, glen sergeon. >> smith: and how much money was he paid to bring in arrowhawk? >> two million for arrowhawk. but he brought in some other investments to the total of x million. >> smith: but at the time of the vote, the board didn't know there was a acement agent operating in the background. >> it was never disclosed in financial statents, it was never disclosed anywhere that... even the existence of placement agents. >> i think that one of the key issues is disclosure of placement agent fees. >> smith: tobe then hired ted siedle, a financial crimes investigator. they eventually filed a 32-

liz: what about the program trades chris robinson, if people aren't watching every single tick, they are putting into place especially big hedgeion funds, they put up trades where certain desirable assets fall in certain levels their biprograms kick in, is that some of the velocity we are seeing right now? >> absolutely. computers are faster than any human being can ever be. that's why you see volatility that you see at the moment at times like this. the new normal is going to be 300 points and 900-point moves in the dow and probably 50 to 100-point moves in s&p because of percentages. liz: volatility index is up 21%. jeff flock i thought it was 32 we're. a little bit of fears seeping out of this market, philip morris, mo, that has a big dividend, charlie brady was pointing this out to me, i don't know if we can get the stock up. it's interesting to see, jeff, that a stock that has a good dividend seems to be doing well today. jeff: yeah, i do think this pullback, i mean, you look at oil just to be clear on this, oil sold off big time into the close today, but in the after hours it hasn't sold any further. in fact, it's come b

hedging all your exposure, it turns out that u.s. treasuries, even though they are 200 basis points over jcbs are, are still low. alix: thank you very much. coming up, bloomberg markets, the open. chrisjoining jonathan ferro. this is "bloomberg." ♪ i'm jonathan ferro. the countdown to the open starts now. ♪ coming up, the treasury market reopening, hitting seven-year highs. the imf cutting its global growth forecast, blaming trade tensions and emerging-market stress. the international energy association telling opec to boost output of oil. , negative to take nine points on the s&p. market, the euro-dollar down .4%. printing a after fresh seven-year high, backing up a little. down one basis point. treasuries still under pressure after reporting their biggest weekly decline since february. >> this has been a long time coming. >> we will see more talk. >> yields have been too low. >>

hedge. you can do some things to try to prepare yourself for a downturn without necessarily giving up the upside if we continue to see that stock price move higher. >> chris what are you telling people if you're nervous in october. do you tell people to get out? >> we're very differently positioned we are very bullish on emerging markets from these levels. it's hard to make a call on stock price movements for a months or a year, but the em is trading at half -- less than whatever of the u.s. equity market shiller pe. from those starting conditions, history suggests you do much better with the cheaper markets. >> the reason they're trading at those levels is because the dollar has ridden as the fed raises rates if the fed continues to raise rates, how will that ease up on markets? >> there's problems and discussions about emerging markets, but a lot of those markets are inconsequential for em positions argentina just got put back in there's nothing there. we're talking about places like south korea, taiwan, china, india. yes, there are idiosyncratic issues in all of these markets that makes them em markets when you can buy at a shiller pe that is at histor