uh, in that, in that, tomorrow, that we will really get at the output of those, e economists, economists oriented to results. e, which will give an opportunity and gives this particular stage an opportunity in general. uh, finance make money finance. the ones in including social processes social programs that we set ourselves. uh, like a state, uh, headed by a person. thank you for your opinion alexey vladimirovich, we know that in a few days the belarusian state economic university will celebrate its 90th anniversary. in your person, we congratulate the professorial teaching staff of students and all graduates of well-being and new labor achievements for the benefit of our country. thank you thank our viewers, invest in education develop. let it go the economic environment will be favorable for you, goodbye.

belarus for young economists. learn how to optimize costs here. business, however, those who nevertheless conceived their own startup, to draw up a business plan for an investment project, will be helped by the same teachers of the faculty of economics at an intensive course. the school of entrepreneurship, having extensive experience, namely, starting from school, we can say that e knowledge of financial literacy, well done that is, if earlier schoolchildren participated in our events 10-11 class, then at the moment it is already the eighth ninth grade. and, of course, coming, uh, to the student bench. after such training, the guys already know the basics of e and financial literacy and i know what taxes are and i know what entrepreneurial activity is, i bet. no, such systematic work yields its results belarusians. they became better versed in money matters. this is confirmed by the financial literacy index, which has added four percent in 2 years. the population is better managed with personal finances and more people have digital competencies.

do you think good economists have always been needed, given that we have actually been working under sanctions since 1994. our economy, yes, and unprecedented sanctions for you, which were introduced against us from our country last year. eh, and the result that we have at the output indicates that in this area everything is in order with our frames. that is, e, one way or another, e, we, e, reached the level e in development that was planned, we retained the entire production base the legacy that we inherited and hmm actively yes, we are developing and , of course, without training and specialists, who, in principle, here , like responsibility in the ninety-fourth year. forced already been yes in violation certain laws of the economy to work and actively participate in the development of our country and no, the brotherhood of social standards, suggests that, in principle, everything is done right in our country. today , 33 universities of the republic are training economists, but it must be said that this is training. it is also carried out according to the sectoral principle, for e

, that she, in turn, well, become an economist and an economist enter our lives and warm our familyomes , inspire us to righteous works, so that we can argue everything was built. well, with god's help. yes, that she be an economist and our families of our hearts, which is important for the salvation of our godly projects. here to entered into all spheres of our life, led us about this and preached on our condition. and we invite, of course, everyone who wants to get acquainted with the mother of god the economist. it is useful in our time not to eat madin's bread, this word of holy scripture to be a hearing of the skin arrested, the joy of the forum is not only and not so much, kirmash mothereynaldo. so this is the spirituality for the faithful with lines with saints with prostavnikov culture and the bridge, theologians brothers and sisters in faith from the lower lands lectures dialogues and here the guns of the yak formula to steal joy from my social life, then stumbles and some foolish people sanctify the day for lilies. your peasants are not christ's. i would like to award titl

and businessmen, it specialists , managers, lawyers, economists, translators , those personnel that we are preparing for the national economy. they are in demand in all areas and in the real sector and the finance sector, our students find a place to work in financial institutions and banks. e logistics companies , e, companies associated with the development of social education in the humanities of specialists of any profession is fighting economists, no exception. for example , the ministry of taxes and duties in the pre-graduation course allocates for itself 2-3 most successful students and pays them an advanced degree, of course, provided that they then work for a certain time. the department is beneficial to both parties for students. an incentive to study and get a guaranteed job for the employer to take young and promising professionals. i want to say in our department the ministry of taxes and collections almost half of the employees. these are graduates of economic universities and, in general, the economic university is one of our basic educational institutions for training p

scale we will see this chain of quality economist training. we'll go further. it seems to me that this is very interesting because it is aimed at developing this chain of training e-e economic personnel, for our country or for adolfovna , i cannot but ask you a question. eh, as a specialist. e, tell us how much economic education is in demand among foreign citizens. here foreigners study a lot in economic specialties. and which of them, well, are the most in demand, but here i want to note that in our republic , uh, in all specialties, not only economics, students study today about twenty-eight thousand students from various countries and here, of course, the advantage, china is about nine thousand. such are the students. uh, the representatives in the second, probably, place can be called uzbekistan approx. um, maybe five thousand. we now have such students, but not stachek 4,000. we have about 2,000 students from the russian federation , represented, of course, by such countries as israel, sri lanka, congo, nigeria, and a number of other countries. here is wh

eh, how are things now, are economists in demand?be i'll say a little roughly, but there are experts in the field of economics. but there are people with a diploma, so yes, there are really people with diplomas from economic universities, there are a lot of specialists and there will always be a shortage, therefore there is competition in the market of economic services. yes, and legal, too, will get up. and now is such a turbulent time and it is difficult to predict in general what will be different in 4 years. and what will happen tomorrow can be predicted? how do you forecast? what kind of specialists will you need, say, in 4 years. that's how to open new specialty special answers to your question will be in demand. it is the specialists that we are preparing because the recruitment, which was and will be the execution in the first place.

eh, how are things now, are economists in demand?'ll say a little roughly, but there are experts in the field of economics. but there are people with a diploma, so yes, there are really people with diplomas from economic universities, there are a lot of specialists and there will always be a shortage, therefore there is competition in the market of economic services. yes, and legal ones will also be founded now in a very turbulent time and it is difficult to predict what will happen at all, not like in 4 years. what will happen can you predict tomorrow? how do you predict? what specialists will be in demand, say, in 4 years. that's how open new specialties will be in demand. it is the specialists that we are preparing because the recruitment that was and will be shot. this is, firstly, the most basic block of economic disciplines. this is the second direction in our linguistic consciousness of the economy. the third is jurisprudence . and fourthly, we are also preparing specialists at the intersection of, as it is now fashionable to

financial markets and most economists _ of a pause?ists are _ of a pause? financial markets and most economists are experts - of a pause? financial markets and most economists are experts in i of a pause? financial markets and | most economists are experts in the rba to pause but we think the decision would be a still far too high but the key safety data shows inflation is coming down and probably was in line or slightly below what the rba forecast and there is economic data that will feed into their decision today. that will feed into their decision toda . ~ ., that will feed into their decision toda . ~ . , that will feed into their decision toda .~ . , , that will feed into their decision toda . ~ . , , ., ~ today. we have 'ust been talking about how the — today. we have just been talking about how the us _ today. we have just been talking about how the us economy - today. we have just been talking about how the us economy has i today. we have just been talking - about how the us economy has been impacted by higher interest rate, an

and it businessmen, managers, lawyers , economists, translators are the personnel that we are preparingational economy. they are in demand in all areas and in real sector and the financial sector. our students find a place to work in financial institutions and banks. e logistics companies , e, companies associated with the development of social education in the humanities of specialists of any profession is fighting economists, no exception. for example , the ministry of taxes and duties on the pre-graduation course allocates for itself 2-3 most successful students and pays them an increased scholarship, of course, on the condition that they then work for a certain time. in the department, it is beneficial to both parties for students. the incentive to study and get a guaranteed job for the employer is to take young and promising professionals. i want to say about our department the ministry of taxes and dues almost half of the employees are graduates of economic universities and, in general, economic university is one of our basic educational institutions for training personnel and gra

do you agree with his assessment that the economist is meddling and turkish elections? i showed that i agree with them as the seller solo. the article for the economy is the direct into free us and then towards the tech has elections. so it's normal that took his government then. so it gives you a $33.00 x against this uh, this attempt or full of this, the media to, to money plays utilities, the elections. but there is also contradiction which i have to, to, to talk about. that's touch government agents, this kind of money relation button, same time. there's a, a continued the balance of policy between the risk and is so everybody know, re open the see that list them the best in government drive to try to do this. destroyed tactile truck is government, but the at present as well. and then also is government is cheap. this bought us police to be to invest and is. so i have to say that this is the construction of, of, of turkish governments. while you talk about the balance, now, what is the difference between what the economist is doing by publishing this biased informat

oriented economists patriots

>> economists try to say is not a moral judgment. but at the end of the day, it comes down to, your scaling what is the willingness to pay of people to avoid damages. that is going to be constrained by their ability to pay. there's clearly a moral judgment. >> so, jumping on the last piece , the budget is $10 million. where does that come from? that is based on empirical studies in the u.s. of how much -- how much people are willing to pay. say someone is willing to pay $10,000 to reduce the risk of death. those two things get you $2 million. that is what it is based on. it's based on values in the u.s.. epa guidance, the epa scientific advisory board are very explicit about what is the -- right approach you are thinking about impacts to individuals with different incomes. there is a lot of economic and dispute whether it should be scaled more than one for one. one for one is the central case. it is the approach we did in our paper end of the one that epa did in their report. the concerns that noah is raising are valid. i don't think

i've heard economist after economist tell me one of the greatest returns on the dollar is an investment in education and children. mark zandi, does what i say hold true? >> there is strong academic research that shows investments in younger children payoff enormously not only for their financial well-being but the communities they live in and the broader economy. >> appreciate you sharing that. i know i benefited from education and i didn't realize until later in life what opportunity i had that presented itself to my family. not just that i was able to get a jumpstart on those classes and socializing with other students, the power of naptime, america could learn something about that on location but during the head start days to ensure i could learn a little bit more, sometimes we had a little lunch that would be available to us to keep us nourished and keep a strong which would help us learn more. my parents needed to find childcare for me when i was growing up which let them stay in the workplace and work more. that sounds like good economic policy to me. what i wanted to raise was my

most economists expect some kind of — economy?d of downturn _ economy? most economists expect some kind of downturn or- some kind of downturn or recession, the definition of a recession, the definition of a recession in the us is somewhat subjective but i think will probably be a recession and it will be a mild recession the banks and financial markets for pensions can maintain the general level of stability is againjerome powell said it is not entirely clear what the influence will be of the above 5% interest rates, some bank are at interest rate risk, you may see some banks in trouble, if that happened there will be a much deeper recession in the us. ., , ., ., us. how sticky will inflation be, that is _ us. how sticky will inflation be, that is the _ us. how sticky will inflation be, that is the concern - us. how sticky will inflation be, that is the concern that | us. how sticky will inflation l be, that is the concern that is where jerome powell and be, that is the concern that is wherejerome powell and his focus has been on

so, as an economist incentives _ few weeks? so, as an economist incentives matter. _ few weeks?ncentives matter. one - incentives matter. one incentives matter. one incentive is if you start to see more of a reaction in financial markets, not only in the us but globally. i have been surprised we haven't seen more of a reaction in the us equity markets but playing out as script, we have seen treasury bill rates that mature right around the drop—dead date of the debt ceiling have risen. corporate bronze have whitened out and equity markets selling off. we see brother signs of concern did financial markets and that would like if they are under the republicans and democrats to come to agreement and if the debt ceiling. we have seen this movie before. it's a bad movie and we know how it ends and ultimately there was raise or suspend the debt ceiling, most likely at the 11th hour. i debt ceiling, most likely at the 11th hour.— debt ceiling, most likely at the 11th hour. i like the movie analo: the 11th hour. i like the movie analogy so — the 11th hour. i like the movie analogy so fil—

so you do a great re-creation of your grandmother or a economist.onversation. >> what's the main purpose behind this technology >> the technology is -- basically it just tries to guess what might come next in some text and the beautiful part is, they're building cases, you know, you can just talk to it, every person are advancing their own applications, so this is just a part of computing. >> steve, obviously we're looking at the partnerships and how they'll deploy this technology and thinking about microsoft teams, whether his character can answer some questions about who gets a day off today? >> yeah, what we're seeing here today, kelly, one of many startups working on technology like this, what we're all seeing that partnership with google and this is how google and microsoft are going to mike money. it's a cloud play for these companies. i'm curious, why you chose google over microsoft? you're one of many startups looking to make a cloud deal, what should they be looking for in order to get the most bank for their buck, this is not cheap to do.

rising concern that inflation will stay quite high there is still a fairly -- majority of chief economistsg inflation to stay high in europe and to stay high in the u.s. the only outlier is in china where it is expected to stay low in the next few months ahead one reason this is feeding into this is most economists are expecting central banks will have to play a delicate dance between wanting to bring down inflation further and financial stability concerns that have risen the last few months. they are expecting this tradeoff to get worse in fact, 76% expect the tradeoff to get worse and consequently, 75% will expect inflation to stay high or not move fast enough to bring it down. >> to tie up the discussion already, and my concern is central banks and policymakers are using all of the capital to mitigate the cost of living crisis to save the banks and make sure there is not a form of debt crisis rather than spending the money which, let's face it, there is not infinite quantities available and rather than spend on green and future proofing the work force with education. the issue is the fo

and businessmen , it people, managers, lawyers, economists , translators are the personnel we train for the national economy. they are in demand in all areas and in the real sector and the financial sector. our students find a place to work in financial institutions and banks. e logistics companies e, in companies associated with the development of social humanitarian education of specialists, economists are no exception in any profession. for example, the ministry of taxes and duties in the pre-graduation course selects for itself 2-3 most successful students and pays them an increased scholarship , of course, on the condition that they then work for a certain time. the department is beneficial to both parties for students. an incentive to study and get a guaranteed job for the employer to take young and promising professionals. i want to say by our department ministry of taxes and duties almost half of the employees. these are graduates of economic universities. and in general, the university in economics is one of our basic educational institutions for training personnel, and graduat

he's an economist, covering tacky at our b. c, blue bay. and i started by asking him for his assessment of the current state of the tucker, she economy well on the edge on it's been a decade of stopped go, economic cycles, high growth, but to the overheating which has meant high installation, lots, trade deficits and current account deficit switch much pressure on the exchange rate, the valuation, and then feed through to inflation. veteran also talks policies by ad one doesn't like high interest rates, a very high, very negative bill interest rates. that hasn't been a defense for the, for the currency. so very challenging, actually, i mean the economy is kind of, it's amazing that took, he's actually avoided this, his stomach crisis, i think despite these kind of perennial kind of balance of payments and come and see kind of crises. but actually the banking set has been pretty. resilience hasn't been itself in debt crisis yet. but i guess post election people question, you know, what's gonna happen is not, is it going to be sustainable. ho

that is right, and this is a question economists _ shape.t is right, and this is a question economists have - shape. that is right, and this is a question economists have been l shape. that is right, and this is a - question economists have been asking for months. if he were to win another five years, what would it mean for the struggling economy? inflation tapped out at 85.5% last october. it has since come down, it is about 44% now. what is he going to do with the next five years and what is he going to do in the next days and weeks? he is almost certainly going to restructure his economic team, finance team. there is speculation about whether we will see familiar faces coming back into the finance ministry or advising in some capacity. former central—bank governors who may be held the more orthodox beliefs about how the economy should be controlled. these are questions people want to know the answer to because he has kept pressure on turkey's central bank not to raise interest rates to combat rising prices, as most other country's central

it is all trailing economists thought china would be by this point.of that we have youth unemployment at a record high. one in five people between the ages of 24 and 16 cannot find a job here. that is putting pressure on policymakers to act. what we see now is economists betting more than ever that central banks and will be forced to take action to revive that recovery. tom: really appreciate you staying up for us. that is jean-luc in beijing -- john lui in beijing. policymakers are trying to address the trajectory for the economy. turkey is heading back to the polls this week and for the second round of the presidential election. we will get your preview next. that vote this weekend. stay with us. this is bloomberg. ♪ tom: it is friday. welcome back to the open. earlier gains being pared across the european benchmark now up just .2%. futures are lower in the u.s.. s&p e-minis down .2%. the sector that is leading in europe is basic resources with iron pricing up around 4% in the session. basic resources up 2.3%. a further line on credit suisse and ubs

after being an economist. decision was not a simple insult, but there were nineties, and in those years survives. did not pay salaries for the imprint of the month, so you choose that these are duties, well, you chose a career. then there would be fewer children and the attention of the fourth child would be the youngest of his daughters. and when it comes time to go to work, it turns out that her position was reduced before her choice again. after all, she is an economist with a higher education , you can look for a job in her specialty, but the railway has already sunk into elena’s soul . they offer you to learn the profession of a station attendant. and there are a lot of such contingencies on the railway on duty at the station. her eyes and ears must be on the alert all the time. purely visually, we look at the brake hoses and there were no sparks, there were no deformations in the car, spilling, spilling when the train is running. the station attendant looks very carefully at the train and every car. you

hush you said the exit economist did a terrifying gr off. i have it here saying that the more people died of 2223 from the rising energy price of 68000 them cove at 68000 people in your and we don't know how many we will die because of cold in europe as the cell sanctioning happened and the north stream was destroyed. those who believe symbols, ashes, exclusive, believing that was obviously to sell germany relying on russian energy as opposed to important natural gas from fracking in the united states. i'm not aware of that report, but to be honest with you, it sounds like fun simple to me. um, i've no idea what's behind on it. just it should be back in all sense. okay, but what about uh this uh, the dollarization, which is the big question. uh, people are asking ahead of uh, the break something inside of africa. i have the g 20 in the, in the india you, you've said it doesn't actually matter that much. but on the other hand, does it matter a lot because you can, but you mentioned interest rates, us interest rates for a while. they try and a

after being an economist. the decision was uneasy man. well, the nineties were the years of truth to survive, so you choose a career. 41 years old elena gives birth to her fourth child, the youngest of her daughters. a when it comes time to go to work, it turns out that her position was reduced before her choice again. after all, she is an economist with a higher education, you can look for a job in her specialty, but the railway has already sunk into elena’s soul . it should always be in your head how many times you pull out a person, from under the train comes i don’t see, i don’t hear. that's it, you get up like this, you must leave in advance so that a person does not get hit. it's called a dream job. in a school atmosphere where there is no kind of animation of a person and for me a person of physical labor does not mean that he is lower than me and vice versa with great respect, and when i see a strong, dressing gown, that's how it used to be. looking at the swift, optimistic, cheerful elena, it’s hard to believe that 11 years ago,

that would decline to 44 percent in april, according to official data. independent economists. those say the real rage could be twice as high. the inflation search was fed by a lira slide as the central bank slashed interest rates in an on also docs policy champion by add one. we took to the streets to aspects how important economic concerns are in this election. and also people, especially young, wants like me, like beginning of this. uh, they are just waiting of the, you know, for a board thing. they're just waiting 14 on may because everyone just gets bored of the, about the system to, to, and to, to the people with lower income or in especially great distress kentucky because of high installations on this was that was that many people are struggling to get by month by month and some of the items are struggling to pay the rent. the most important issue in the selection right now is the economy to an internet, ministration economy. and economy will actually economy is a very important issue for our country right now. it is also very important for young people, especially for

earlier i spoke to timothy ash, he's an economist, covering tugee at our b. c, blue bay. and i started by asking him for his assessment of the current state of the tucker, she economy well on the ad on it's been a decade of stop go economic cycles, high growth, but to the overheating which is meant high inflation, lots trade deficits and current account deficit switch much pressure on the exchange rate, the valuation, and then feed through to inflation. veteran also talks policies by add one doesn't like high interest rates, a very high, very negative, really interest rates. that hasn't been a defense for the, for the currency. so the very challenging, actually, i mean the economy is kind of, it's amazing that took, he's actually avoided this, his stomach crisis, i think despite these kind of perennial kind of balance of payments and come and see kind of crises. but actually the banking set has been pretty. resilience hasn't been itself in debt crisis. yes. but i guess post election people question, you know, what's gonna happen is not, is it going to be sustainable. howe

so pro, shrink by point 3 percent compared to the previous quarter. economist florrie, will. the trends continue longer to go from the roger sanders, formerly entered the 2024. the waste presidential price. if they've chaotic announcements on twitter is fix total beating. the bible, donald trump, for the republican nomination alliance is under pressure as russia. hostess talks between armenia and azerbaijan, tensions rise between the 2 countries over the disputed territory of not going to cover about kind of as rock legend to teen. a ton of dies at the age of $83.00. an electrifying performances and powerful voice, captivated audiences worldwide and across the decades. we go back as her life and legacy the i've been puzzling. welcome. as the german economy has fallen into procession gross domestic product, frank by point 3 percent in the 1st 3 months of the year, was remaining in negative territory for the 2nd quarter in a row. according to the latest numbers, it's private consumption that's failed to support the economy in the face of hyatt place in rates and recession in eu

industrial output grew at half the pace economists were expecting.ail sales also came in less than expected, all of this pointing to that bigger picture saying there is still really big warning signs here. i will point you to youth unemployment among people aged 16-24 that reached more than 20% in april, that will face more pressure as we get into the summer months because more people will be graduating from universities in china. and adding additional pressure to this labor market that can't handle a giant influx of people looking for work now. manus: the question is to what size and scale will the pboc react? the mlf was left unchanged, the median loan funding rate. a little bit of incremental liquidity. will it be rate cuts, mlf? jill: that is ultimately the question. are we going to see some major policy easing measures from the pboc? they have room to act if they need to especially as we get into june with the fed likely to pause their rate hiking cycle, so maybe there is less global pressure to deal with. some economists think maybe the mlf rat

in my assessment and that of economists across the . and that of economists across the board, a defaultld produce an economic and financial catastrophe. millions of americans could lose theirjobs, household incomes would be reduced, american businesses would see credit markets deteriorate and millions of american families that receive government payments would likely be left without the resources that they were promised. left without the resources that they were promised-— were promised. janet yellen in ja an. were promised. janet yellen in japan- let's — were promised. janet yellen in japan. let's speak _ were promised. janet yellen in japan. let's speak to _ were promised. janet yellen in japan. let's speak to michelle | japan. let's speak to michelle fleury in our new york hero. those quotes are pretty astonishing, aren't they? we have been talking all week about this possible 11th hour deal but donald trump says look, it's fine, could be a bad week, a bad day, who knows? i know, then ou week, a bad day, who knows? i know, then you have — week, a bad day, who knows? i know, then you

why don't you give us one example so us non economists can better understand . okay, so let me give you a stock example. here's a statistic to think about. the more people in the united states died during the cold in 19 pandemic of the last 3 or 4 years. then died in world war 12, and 3, in terms of american casualties in those wars. in other words, where we had to have had foresight, we did, and of course, but where we have for side, we could have spent a very small amount of the money we spent on military in all those wars to develop a really 1st rate medical system in this country that could have right away responded with the ventilator the masks and the blogs and the all of a well known app or writers of a well develop a medical system for the mass of people. we didn't do that, but it would have been a small reduction in our defense, as we call it, for a much better benefit in terms of saving lives, saving illnesses, saving the long coven outlays that we're going to be having for years to come. that are all holding back our economic develop that not pushing

do this if we mobilize as governments to coordinate economic and military actions pavlo sheremet economist of the minister of economic development and trade of ukraine in 2014 joins the broadcast of pavlo my congratulations good evening good evening they could not adequately financially strangle putin's military machine is said in the british parliament. is it realistic to leave putin's military machine in principle, and in your opinion, from an economic point of view, it depends on what level of weapons we are talking about, or what level of industry we are talking about, if we are talking about complex e- e high-tech weapons and, accordingly, the high-tech e-e industry, it is largely paralyzed due to the fact that the russians can import complex microprocessors or other e-e products, at least they can do it's legal, of course, it finds various ways there through other countries , semi-friendly or friendly, er, at the same time , when it comes to er, weapons, which is just from metallurgy, roughly speaking, that is, it's just metal there, i don't i know old tanks, for example, they are be

that would be the goldman sachs economist who famously coined the acronym brick over 20 years ago. when we use a conservative government just a little jim. o'neil joins me now from london from a park. i think at lauderdale. thank you so much for coming on. i know you sometimes despair. the fact is the only acronym that is, uh, so famously allied to your name with the, with the added as obviously, um, as a g 7 nato, was it well with the are the see, it seems the russia, china, brazil president is being on this show me recovering off to us back who's against him and dillman was of, was it some kind of target list? the most amusing uh, no surprise. some people might think about why um, you know, what a, what a son style baz um. one of the only few things positively that happened on the back of global governance was the creation of the jury. each wednesday after the financial crisis, which of course brought the bricks, countries in with the most developed countries on the emerging nations. and here we have the g 7 in some ways trying to behave as those they still little the world. and

let's ask former white house chief economist, smb chief economist joe lavorgna.ll the rules. jpmorgan is too big, yadi yada. jamie dimon made a phone call. it feels like, you know, i know some regional banks are under a little pressure but feels like everyone is breathing a big sigh of relief. >> yes, rightly so, charles. first there is a couple issues. there is deposit flight which the treasury, the administration broadly speaking, federal reserve backstop ad lot of these depositors. certainly first republic was systemic this broker-dealer is -- charles: is it really systemic? >> that is the theory. we really don't want to see what happens if we let a lot of these depositors get their money back. charles: everyone is covered no matter what up 250,000. >> for those banks, sb signature, that is not true, but for everybody else. charles: right. >> leaving the systemic issues aside, seems to me, charles, that the key problem here is the fact that short rates have gone up massively. so you can put your money in t-bills, completely safe, liquid. charles: right. >> ear

you have white house economists — worry about. you have white house economists and _ worry about.d moody's putting - worry about. you have white house | economists and moody's putting out their forecasts, economists and moody's putting out theirforecasts, and economists and moody's putting out their forecasts, and the consensus seems to be that if there were a default and if it lasted for quite some time you're talking about thousands, millions ofjobs being lost. and yet here you have donald trump saying well, it is psychological, it isjust trump saying well, it is psychological, it is just roll the dice essentially and see what happens, all as part of negotiations. i think the key thing to take away here is you have comments like that, you have janet yellen warning of the dangers, business groups now starting to weigh in and expressed their concern that a deal doesn't get done. we are in the early negotiation phases, even though it might feel like there is only weeks to go. the second meeting between biden and leaders from congress will take place on friday, and so we will see wh

all economists, most economists, and that we were going— economists, and that we were going te— economiststional debt lockdown in sending us 2 trilliorsend national debt lockdown in sending us 2 trillior send inflation debt lockdown in sending us 2 trilliorsend inflation spiralling. would send inflation spiralling. wee— would send inflation spiralling. wee wette— would send inflation spiralling. who would have— would send inflation spiralling. who would have thought that putttne— who would have thought that putting-rates- who would have thought that putting-rates up- who would have thought that putting rates up just putting interest rates up just squeezes yet— putting interest rates up just squeezes yet more money out of peeqte-s— squeezes yet more money out of qeeqte-s qeetetse— squeezes yet more money out of people's pockets.7 we're turning to , people's pockets.7 we're turning q0-, suette— people's pockets.7 we're turning q0-, suettu tu- people's pockets.7 we're turning to , suella in europe. to a venice, suella in europe. we— to a venice, suella in europe. tee-uttere— to a venice, suel

we have top economists macro. on this show. the world is diving head first into this a.i., that includes the doctor's office, but is this too much too soon? meanwhile greed, are you buying the notion profits are main sort of inflation. love to hear your thoughts. tweet me @cvpayne. modern nero is result of government actions. i will explain it all later on in the show. that and much more on "making money." charles: my first guest shifted from a defensive nature to more inh constructive a few month ago. david nicholas, you've been saying the odds of recession is too pro. maybe too early to call a soft landing. this no-man's land, how does it inform your investing? >> charles, we can go all the way back to 1960 recessions typically don't occur until six to 12 months after the fed pauses. the markets typically won't bottom until six months after the resession start. bears, being overly cautious, being out of the market all together, we could sit on the sidelines for a very long time. this is time to put money to work. knowing righ

eh, how are things now, are economists in demand?aybe i'll say a little roughly, but there are experts in the field of economics. is there people with a diploma, so yes, indeed , people with diplomas from economic universities, there are a lot of specialists and there will always be a shortage, so there is competition in the market of economic services. yes, and legal ones will also remain. but now it is a very turbulent time and it is difficult to predict at all what will be different from what it will be in 4 years. and what will happen tomorrow can be predicted? how do you forecast? what specialists will be in demand, say, in 4 years. that's how open new specialties will be in demand. it's the experts we go training according to the set that was and will be in demand for this first most basic block of economic disciplines. this is the second direction in our linguistic consciousness of the economy. the third is jurisprudence . and fourthly, we are also preparing specialists at the intersection of, as it is now fashionable to say,

i worked as an economist.ted having problems with the disease , i lost sleep and perfume came to me at night. yes, they do not give. they didn't let me sleep. i had to get up at night to go out into the street, you know, i thought something abnormal was happening to me, so, of course, i turned to the old shamans, who can tell me when they came to the shaman, but they told me that you are the chosen one rite. i will guide you to open the way for your well-being and then your energy i will cleanse with hot metal. i have it specially for my attribute, i will warm up the metal at the stake by licking your energy and i will clean it. i hope i'll lick something no no, and if you lick it, it will end on the spot. but no march with a tambourine. i will now call on my spirits of the area to help you , something scary. everything, they came to my place. yes? yes, it's good that on the stamps the year of birth is march 84 , through their spirits. i invoke the spirits of your ancestors. yours have come. they are here. wha